Produced by Odaily
Editor | Hao Fangzhou
Produced by Odaily
The derivatives competition of exchanges has entered a fierce stage;
In the past week, the overflow of Bitcoin bulls has been obvious;
Exchange Weekly Trends
Exchange Weekly Trends
On January 18, China Business News published an article "Multi-regional Supervision Liangjian Virtual Currency Exchange Opens "Distributed Office"". The article stated that under the intensive investigation of supervision, the reporter of "China Business Daily" noticed that some virtual currency exchanges chose "distributed office".
On January 18, Binance completed the burning of BNB in the fourth quarter of 2019, worth $38.8 million.
On January 17, OKEx acquired the index trading platform BBX and the "Tiger Contract Cloud" SaaS platform.
On January 17, Japanese crypto exchanges Zaif and FISCO will merge on February 12.
On January 17, Chainalysis reported that mainstream exchanges are increasingly becoming popular targets for money laundering activities.
The Canadian Securities Administrators (CSA) released new guidelines on Thursday, Jan. 17, indicating that many of the country's crypto exchanges will be governed by the country's securities laws.
On January 16, Uzbekistan will establish a "national mining pool" and launch its first approved cryptocurrency exchange.
On January 15, the Swedish cryptocurrency exchange BTCX plans to IPO.
On January 15, Huobi completed the repurchase of HT in the fourth quarter. This time, a total of 8.0611 million HT was destroyed, which is about 2570 US dollars.
On January 15, Kraken has acquired Australian cryptocurrency exchange Bit Trade.
On January 15, Paxos tokenized gold futures were traded on the FTX exchange.
Exchange data statistics
Exchange data statistics
source:
source:Alexa
According to Alexa statistics, the Binance website UV (unique visitors) this week was 544,000/day, a decrease of 48.8% from last week; meanwhile, PV (page views) was 2.937 million/day, an increase of 53.9% from last week. Binance, as the leading exchange in the encryption world, occupies most of the market traffic, which shows that the overall market traffic has declined recently.
source:
source:Dapptotal
(Note: According to the statistics of Dapptotal combined with the historical price trend of BTC, it is found that the number of active users of DEX users is positively correlated with the price. In December 2017, the price of BTC reached a peak of 120,000 US dollars, while the number of Dex users reached a peak of 9340; in April 2018 -The price of BTC picked up again in May, and the number of active users of DEX also picked up again; therefore, the number of users of DEX can be used as a reference indicator to judge the market trend, but in the transaction volume and number of transactions counted by Dapptotal, the research institute found that its trend There is no high correlation between the number of users and the price of BTC, so the number of users is intercepted as a reference indicator).
(Note: According to the statistics of Dapptotal combined with the historical price trend of BTC, it is found that the number of active users of DEX users is positively correlated with the price. In December 2017, the price of BTC reached a peak of 120,000 US dollars, while the number of Dex users reached a peak of 9340; in April 2018 -The price of BTC picked up again in May, and the number of active users of DEX also picked up again; therefore, the number of users of DEX can be used as a reference indicator to judge the market trend, but in the transaction volume and number of transactions counted by Dapptotal, the research institute found that its trend There is no high correlation between the number of users and the price of BTC, so the number of users is intercepted as a reference indicator).
source:
source:Bakkt Volume Bot
This week, Bakkt's monthly delivery contract trading volume was US$88 million, a decrease of 40% from last week; the open interest was US$9.7 million, an increase of 1% from last week.
source:
source:SKEW
secondary title
source:
source:tradingview
Among them, the green line is the price trend of BTC, the orange line is the price trend of BNB, and the blue line is the price trend of HT.
This week, the price of BTC is dominated by breakthroughs, and the trend of BNB is stronger than that of HT. It is expected that the price of the platform currency will fluctuate and decline in the next week.
source:
source:aicoin
analyst point of view
analyst point of view
The performance of the platform currency is weaker than that of the mainstream currency with production reduction
In the past week, mainstream coins including BCH, BSV, ETC, DASH, and ZCASH have performed better than BTC. Although platform coins with the attributes of brokerage stocks have performed well, they are dwarfed by the mainstream coins that have been reduced. The performance of the platform currency in the market is stronger than other projects, but the performance in this market is not as good as expected, or because the platform currency is greatly affected by the policy, some investors are discouraged. January of this year has come to an end. According to the current market situation, the transaction volume in the first quarter of 2020 is expected to have a good increase compared with the fourth quarter of 2019.
The competition among the top exchanges has entered a fierce stage
In 2019, Binance acquired a number of blockchain companies consecutively, and last week Karken and OKex acquired exchanges according to their own needs. In the direction of derivatives, various exchanges are also rapidly deploying. Binance launched 7 perpetual contract varieties within half a month, and OKex and FTX also launched option products.
