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Bitcoin ATM Boom, OKEx's Lightning, India's Blockchain Plan + More News
2.2.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crypto adoption news
CoinFlip, a major US-based Bitcoin ATM operator, said it grew its network from 441 ATMs in January 2020 to over 1,400...
OKEx Exchange to Integrate Bitcoin’s Lightning Network for Faster, Cheaper Transactions
2.2.2021
High on-chain fees and transaction times for bitcoin can be off-putting to users, the exchange said
OKEx to accelerate Bitcoin transactions with Lightning Network
2.2.2021
As Lightning Labs continues to expand the Lightning Network’s capabilities, another major exchange announces its plans to integrate
Real-Time Blockchain-to-Everything Platform PARSIQ (PRQ) Now Listed on OKEx
29.1.2021
PRESS RELEASE. PARSIQ, a blockchain monitoring and workflow automation platform connecting on-chain and off-chain applications in real-time, announced that its PRQ token is now listed on OKEx with USDT base pair. Please take note of the following go-live schedule: PRQ Deposit : 07:00am January...
2 key metrics suggest Bitcoin price won’t be pinned below $33K for long
26.1.2021
Key Bitcoin price metrics show the recent 12% drop to $30,800 has not stopped traders from buying dips ahead of this Friday's $4.9 billion BTC futures expiry
3 reasons why Ethereum price is still on track to top $2,000
26.1.2021
Substantial spot volume, a favorable futures premium, and top traders buying the dip are all signals that Ethereum price should see continuation
Institutions Keep Buying Bitcoin’s Dip, Despite Near-term Volatility: Data
22.1.2021
Institutions and "whales" have continued their bitcoin purchases, on-chain data shows
Crypto Derivatives Surge, Bitcoin Options Open Interest Climbs to $9.6 Billion
19.1.2021
Bitcoin options open interest has reached $9.6 billion according to derivatives market data as the metric is nearing the high captured on January 7, 2021. Moreover, the aggregate open interest in bitcoin futures is steadily nearing all-time highs. While cryptocurrency spot markets have...
Pro traders go short as overbought derivatives propel Ethereum’s new high
19.1.2021
Pro traders opened large short positions and derivatives data are flashing red flags after Ethereum price soared to a new all-time high
OKEx Adds More Coin-Margined Perpetual Swaps for Real-Time Settlement
14.1.2021
OKEx adding more swaps to its real-time settlement function that went live on Dec. 29, 2020
OKExChain mainnet enters 'Genesis' stage, 10 million OKT tokens issued
5.1.2021
The major spot exchange platform has launched its mainnet trading chain OKExChain
Massive Exodus of Bitcoin Continues to Leave Exchanges, Over 87,900 BTC Withdrawn in 30 Days
4.1.2021
Despite the bitcoin price high, there continues to be a massive exodus of bitcoin leaving exchanges. Onchain data shows exchanges are being drained like a sieve and during the last 30 days, 87,954 bitcoin was withdrawn from the top crypto trading platforms. Back in December 2019, it was reported...
Crypto derivatives gained steam in 2020, but 2021 may see true growth
1.1.2021
Crypto derivatives showed enormous growth in 2020 as nearly $2 billion worth of BTC options expired on Christmas day
OKEx Launches Real-Time Settlement for Derivatives Trading
29.12.2020
OKEx launches real-time settlement for the trading of derivatives on its platform allowing users to make withdrawals at any time
Bitcoin Derivatives Action Swells: A Few June Futures Trade for $30K, Deribit Adds $140K Options Strike
27.12.2020
Bitcoin derivatives markets have been seeing significant demand in recent months at the same time bitcoin spot markets climbed to all-time price highs and surged 149% during the last three months. Just recently the leading bitcoin options exchange Deribit announced the launch of both $120k...
Bitcoin Options Daily Volume Crosses $1 Billion, $100K Strike Introduced for 2021
18.12.2020
Cryptocurrency derivatives markets have been seeing significant demand, as daily volumes for bitcoin options crossed $1 billion on December 17, 2020. Most of the record turnover has been taking place on the derivatives platform Deribit, and a large $100k strike has been introduced on the exchange...
Bitcoin options volume crosses $1B for the first time ever
17.12.2020
Open interest for Bitcoin options almost touched $6 billion
Binance, OKEx Payments Partner Banxa Set to Make Milestone Stock Exchange Listing
14.12.2020
The crypto payments infrastructure provider is set to list on a Canadian stock exchange in what's being claimed as a world first
Bitcoin Whales Buy High, Sell Low; Retail Investors Chase Rallies: Data
11.12.2020
Data from OKEx gives one explanation of how bitcoin whales were able to influence the market during the rallies
OKEx Bitcoin Mining Pool Shows Signs of Life After Precipitous Hashrate Drop
9.12.2020
The troubled bitcoin mining pool is up 181 PH/s from its 18 PH/s lows in November