Tagged: okcoin

DeFi Tokens, Altcoins Underperformed as Bitcoin (BTC) Pushed to $19,500, while Ethereum 2.0 Launch Set for December 1: Report

Ahead of the upcoming Ethereum 2.0 upgrade, ETH has been experiencing “significant momentum,” according to a report from OKCoin. The digital asset exchange notes that during the past week, the Ethereum price surged 30% to a high of over $600, but it has corrected sharply… Read More

Recent Bitcoin (BTC) Price Consolidation Might have Helped XRP Surge 80%, Ethereum (ETH) Also Up 25% in 72 Hours: Report

Bitcoin (BTC), the flagship cryptocurrency, is approaching its all-time of nearly $20,000 which it set back in December 2017 during the historic crypto market bull run. Bitcoin peaked at $18,950 this past week, and has begun to move higher toward its new year-to-date highs at… Read More

DeFi Tokens Aave and YFI Continue to Rally as Institutional Investors back Decentralized Finance Intiatives: Report

Analysts are still quite bullish on decentralized finance (DeFi) as increased capital flows indicate that the market is “primed to move higher,” according to a report from OKCoin. Following Bitcoin’s (BTC) ascent to around $18,700, major DeFi tokens have continued to surge as well. OKCoin’s… Read More

Ethereum (ETH) Surges to Year-to-Date High of $500+, but Eth 2.0 Upgrade Experiences Challenges: Report

The Ethereum (ETH) price is up around 25% during the month of November 2020. ETH, the world’s second-largest cryptocurrency by market cap and adoption, is trading at a little over $500 at the time of writing. During this past week, Ethereum managed to reach a… Read More

DeFi Tokens AAVE and YFI Surge More than 100% From Recent Lows: Report

After experiencing a strong correction earlier this month, leading decentralized finance (DeFi) tokens have been able to recover strongly, OKCoin reports. The San Francisco-based crypto exchange notes that DeFi tokens crashed in late-October 2020 and were performing poorly earlier this month as investors appeared to… Read More

Cryptocurrency Exchange OKCoin Confirms it will Support Upcoming Bitcoin Cash (BCH) Hard Fork

San Francisco-based crypto exchange OKCoin confirmed that it will be supporting the Bitcoin Cash (BCH) hard fork (backwards incompatible upgrade) which will take place on November 15, 2020. The OKCoin team noted that they’ll provide an airdrop of the minority chain’s asset. Hard forks of… Read More

Ethereum Ecosystem Gets Boost with New ETH2 Updates, as DeFi Tokens Dropped 75% from All-Time Highs During Past Week

The Bitcoin (BTC) and Ethereum (ETH) price continued to increase this past week. Bitcoin had been trading above the $15,500 mark, however, its price has now dropped to around $15,000 at the time of writing. Ethereum is also down over 5% during the past 24… Read More

Bitcoin Might Be Consolidating between $13k to $14k as BTC Miners Earn Twice As Much in Fees As Ethereum Miners: Report

Bitcoin (BTC) fundamentals continue to remain strong, however, uncertainty in the crypto and traditional financial markets due to the US elections appear to have positioned BTC in “a consolidation phase,” according to a report from OKCoin. The digital asset exchange notes that the Bitcoin price… Read More

Bitcoin Developer Amiti Uttarwar Explains that BTC Protocol’s Success May be Ensured by Addressing Privacy and Reliability Concerns

Amiti Uttarwar, a Bitcoin Core developer, received a $150,000 development grant (in June 2020) from HDR Global (the parent company of BitMEX) and OKCoin. Uttarwar is currently focused on improving certain aspects of Bitcoin’s (BTC) peer-to-peer (P2P) layer by addressing issues related to privacy and… Read More

OKCoin to Celebrate Bitcoin Whitepaper’s 12th Anniversary by Allowing Users to Buy BTC with Low Fees and Within 2 Minutes

OKCoin, a regulated digital asset exchange, notes that Bitcoin (BTC) is approaching its twelfth anniversary. The Bitcoin whitepaper was first shared publicly on October 31, 2008. The OKCoin team writes in a blog post that twelve years ago, we learned how secure financial transactions could… Read More

DeFi Tokens Experience Correction, Ethereum 2.0 Launch Date Uncertain due to Pending Smart Contract Audits: Report

Several major decentralized finance (DeFi) assets have experienced correction as Bitcoin (BTC) surged this past week. However, the “fundamental” developments continued, “pointing to long-term momentum,” according to a report from OKCoin. The crypto exchange notes that Bitcoin continued its ascent during the past week. The… Read More

Bitcoin (BTC) Surged 14% in Past Week, but On-Chain Trends are “Bearish” in “Extremely Short-Term”: Report

As Bitcoin (BTC) approaches the $14,000 mark, the “institutional wave” continues and the global financial markets experience uncertainty around US fiscal stimulus, according to a report from OKCoin. The San Francisco-based crypto exchange notes that Bitcoin price has surged during the past week as “a… Read More

More Use Cases Outside of Finance Will Make Crypto Industry “Really Take Off,” OKCoin CEO Says

Hong Fang, CEO at San Francisco-based OKCoin, a regulated cryptocurrency exchange, says she first heard about Bitcoin (BTC) in 2012. But it wasn’t until 2016 that she began to realize Bitcoin’s potential as a globally accessible medium of exchange or store of value. Hong noted… Read More

Bitcoin (BTC) and Ethereum (ETH) Up 15% this Past Week, but DeFi Tokens AAVE, SNX, FYI Experience Slight Correction

The system-wide Ethereum 2.0 upgrade is now just a few weeks away. As the date of the planned update gets closer, the ETH price keeps rising. Ethereum (ETH), the world’s second-largest cryptocurrency by market cap and adoption, has surged 15% this past week (trading at… Read More

Bitcoin (BTC) and DeFi Development are Similar but Also Quite Different because they Solve Unique Problems, OKCoin Explains

The development of the Bitcoin (BTC) protocol and decentralized finance (DeFi) networks is somewhat similar but also very different, according to a report from OKCoin. The exchange notes that application developers are focused on supporting the growth of Bitcoin and DeFi. They aim to create… Read More

DeFi Tokens Aave, Chainlink (LINK), REN Managed to Outperfom Bitcoin (BTC) this Past Week: Report

Many decentralized finance (DeFi) assets have experienced a strong bounce or recovery as Ethereum (ETH) fundamentals appear to look “stronger than ever,” according to a report from OKCoin. The report pointed out that DeFi tokens have been following Bitcoin (BTC) and Ethereum’s (ETH) price movements…. Read More

Ethereum (ETH) Transaction Fees Keep Falling After Major DeFi related Ecosystem Growth, Bitcoin (BTC) TX Fees Surge: Report

Bitcoin (BTC), the flagship cryptocurrency, has again surged past the $11,000 mark as US stimulus talks begin and institutions start to allocate more funds to the leading digital asset. As noted by the OKCoin team, Bitcoin has managed to break out this past week, after… Read More

OKCoin to Add DeFi Assets ChainLink (LINK), YF LINK (YFL), DFI.money (YFII) to Help Traders Take Advantage of Key Fintech “Shift”

OKCoin, a regulated crypto exchange which recently announced the launch of its Singapore offices, has revealed that it will be listing several (decentralized finance) DeFi assets including Chainlink (LINK), YF LINK (YFL), and DFI.money (YFII). OKCoin recently listed several major DeFi focused tokens including Compound… Read More

Bitcoin (BTC) Protocol Is Challenging to Maintain Due to Shortage of Qualified Source Code Testers, OKCoin Reveals

Marco Falke, a Bitcoin Core maintainer, is the recipient of OKCoin’s Independent Developer Grant. According to the crypto exchange, Falke has become one of the most prolific contributors to the ongoing development of the Bitcoin (BTC) protocol. Currently, Bitcoin (BTC) has a market cap of… Read More

Regulated Crypto Exchange OKCoin Launches Business Offices in Singapore to Cater to Customers in Asia, Oceania

Crypto exchange OKCoin, which claims that its trading services are regulated, has announced the launch of its business office in Singapore. The fiat-focused digital asset exchange aims to serve as the Southeast Asia hub catering to clients based in Asia and Oceania. According to a… Read More

Send this to a friend