OKEx News

Weak retail demand and bearish derivatives data reflect a dismal short-term outlook for the crypto market.

BTC is in a lengthy downtrend but three key price metrics explain why traders are confident that the $38,000 level will hold.

Bitcoin options markets are pricing further downside while margin traders are going increasingly long.

ETH price is stuck in a rut and these three metrics suggest the downtrend is nowhere near an end.

Following Manchester United’s partnership with blockchain firm Tezos almost one month ago, Manchester City’s foray in the space through its partnership with crypto exchange OKX provides new competition in vying for technological prominence.

Data shows traders still feel confident about BTC price because the futures premium and other fundamentals show no signs of stress.

Ethereum network saw a nine-fold increase in its smart contract deposits, but a descending channel continues to pressure the price.

The premium on CME Bitcoin futures dropped to zero, but data shows pro traders are still bullish.

BTC and altcoins took a severe hit on Dec. 13, but derivatives data suggests traders are watching $46,000 as a signal of whether the current market structure will hold up.

Bitcoin’s price has yet to reclaim the $50,000 level, but the actions of options market makers and margin traders on Bitfinex suggest the most recent correction is over.

ETH has outperformed BTC by more than 230% this year and derivatives data suggests traders believe the altcoin has a lot more upside.

Ethereum price appears en-route to a new all-time high, but data shows retail and pro investors are slightly skeptical about the current rally.

MicroStrategy’s purchase of 7,002 BTC might have helped boost Bitcoin price on Nov. 3, but derivatives data also shows that pro traders are becoming more bullish.

Among many features, OKEx staff demonstrated how users could automate their trading process with no required coding knowledge on the namesake platform.

Metaverse, gaming and incentive-offering DeFi tokens pumped last week even as Bitcoin and the total crypto market capitalization dropped. Here’s why.