Tezos price is too volatile compared to Bitcoin, Monero, Ethereum and other explosive materials. However, Tezos really deserves your attention as it has gained 1000% in just one year.How long will the Tezos price be hiking up the mountains? Does it ever rest? During the last year, the price of Tezos received a significant boost: more than 1000% in yearly growth, paving the way to the staking era in cryptocurrency saga. PoS currencies have gained their territory on the Cryptoland, making the...
Read More »Ethereum Price Shoots over 20% to $270 in Its Best Trading Day for the Year
Daily trading volumes for Ethereum reached the high of $26 billion with three exchanges – BitMEX, Huobi & OKEx – alone reporting over $1 billion trade in ETH tokens. Ethereum price is moving up.While the market has been focusing on Bitcoin‘s move above $10,000, the world’s second-largest cryptocurrency Ethereum is leading the altcoin show. On Thursday, February 13, the ETH price jumped over 20% to hit $270. This was the biggest single-day gain for Ethereum, so far in 2020.With Thursday’s...
Read More »OKB Price Skyrockets Over 40% As OKEx Announces Test Net For Its DEX
In the headlines today, the OKB token’s price, the native coin on the OKEx trade platform, jumped up an impressive 40% as the company launched the test net of its new decentralized exchange.The buzz first started late last year when OKEx first announced plans for launching its proprietary blockchain known as OKChain in 2020, as well as its decentralized exchange, OKDEX. As of today, both the OKChain and OKEx’s test net have gone live.In turn, this has lead to the jaw-dropping increase in...
Read More »Bitcoin Futures Open Interest Exceeds $4 Billion: Over 60% Rise In 2020 Led By BitMEX and OKEx
So far, 2020 has been a remarkably positive year for Bitcoin. Not only has the price of Bitcoin increased by 30%, but the Global Bitcoin Futures market open interest has noted a massive 60% growth as well.In the meantime, BitMEX and OKEx are still the most widely-used Bitcoin margin trading exchanges, with over 50% of the market share.Bitcoin Futures Market 2020 SurgeAccording to the monitoring resource Skew, the global Bitcoin Futures open interest is continuously increasing. In fact, solely...
Read More »Huobi Sees $79 Million Positive Daily Inflows Amid Turbulent Bitcoin Price Movements
During yesterday’s turbulent price movements, most cryptocurrency exchanges recorded notable 24-hour Bitcoin on-chain flows. The Chinese-based Huobi stands above all in terms of inflow with $157M and only $78M out.Huobi’s Impressive 24H InflowsThe popular monitoring resource, TokenAnalyst, examined the 24-hour Bitcoin on-chain inflows and outflows of eight of the most popular cryptocurrency exchanges. According to the report, Huobi’s inflow outperforms dramatically every other exchange and is...
Read More »OKEx Introduces Bitcoin Options Trades for a Few Clients Before January Launch
OKEx crypto exchange officially announced the launch of Bitcoin options trading for a chosen few clients. This has happened ahead of a public launch on January 9, 2020. In a December 26 press release, the third-largest crypto exchange by daily trading volume worldwide has confirmed that the new contract will be settled daily in Bitcoin.Increasing Hedging Strategies Options for OKEx TradersAn options contract is a popular derivative that lets traders hedge against asset price swings in all...
Read More »Binance Partnership With FTX Exchange: Follows In The Footsteps Of BitMEX In Futures Trading
Binance continued its growth this year by completing a strategic investment in the cryptocurrency derivatives exchange FTX. By working together and delivering mutually beneficial products, the community wonders if both companies can actually be disrupting the dominance established by other exchanges on the futures market.Binance Invests In FTXThe largest cryptocurrency exchange by volume, Binance, announced yesterday its strategic investment in the crypto derivatives exchange FTX. Both...
Read More »Native Token: How crypto exchanges use their own tokens
Native Tokens: "Haus" Token von Bitcoin-Börsen Crypto platforms are looking to find as many ways as possible to make a profit and have an impact on the cryptocurrency market. One of these methods is native tokens. Market leaders according to the TIE analysis; Forex market leaders eToroX and IQfinex, which have created separatetrading platforms for different crypto assets; Kyber.network, which, while not being exactly a cryptocurrency...
Read More »Native Token: How crypto exchanges use their own tokens
Native Tokens: "Haus" Token von Bitcoin-Börsen Crypto platforms are looking to find as many ways as possible to make a profit and have an impact on the cryptocurrency market. One of these methods is native tokens. Market leaders according to the TIE analysis; Forex market leaders eToroX and IQfinex, which have created separatetrading platforms for different crypto assets; Kyber.network, which, while not being exactly a cryptocurrency...
Read More »OKEx Wants to Show You How to Take Advantage of Volatility
Popular cryptocurrency exchange OKEx has launched a new options trading program for customers interested in digital currencies.OKEx Teaches How to Take Advantages of Price SwingsThe program is designed to help investors better understand issues such as hedge risks and volatility. They will also be trained on how best to take advantage of low prices so that they can add to their portfolios without delay.Volatility is a serious problem in the cryptocurrency space, but representatives of OKEx...
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