Recent News from OKEx (OKEx News and Market Updates)

What\’s the recent news from OKEx? According to official information released by

Recent News from OKEx (OKEx News and Market Updates)

What’s the recent news from OKEx? According to official information released by OKEx, on September 2nd, OKEx hosted an online event where customers could exchange cash, digital assets, or cryptocurrency for platform tokens. It is reported that this event invited several executives from within and outside the industry to participate and exchange ideas with everyone. We believe that the current situation and future prospects are more optimistic and look forward to more friends joining the event to learn more details.

In addition, OKEx recently released its 2018 annual report. The report shows that since January 2019, the overall trading volume of the exchange has been steadily increasing, with an average of around 1 million new users added daily. In the first six months of 2018, the number of active Bitcoin addresses was 436,000, which has grown about 10 times since the beginning of 2017. From the end of 2019 to the middle of 2020, the number of Bitcoin on-chain transactions and transaction amount sharply declined. In the first quarter of 2020, Ethereum mining power increased by over 20%.

OKEx News and Market Updates

According to OKEx’s data, as of 12:00 today, Bitcoin had a net inflow of -127 million USD in the past 24 hours, with a net inflow of -200 million USD for major transactions. Looking at the 1-minute candlestick chart, around 5 pm yesterday, the Bollinger Bands opened downward, indicating a downtrend, and the price hovered around 49,000. In the early morning today, it rebounded to the 59,500 level and then fell under pressure, with the current price maintaining a volatile operation. At around 3 am, it once again attempted to rise above the 50,000 mark but failed, dropping below the 45,000 region. Subsequently, the market fluctuations slowly recovered in the evening, with the highest rise above 46,100.

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