BLOX (BLOX) news

Bitget Bites (August 16, 2022)

The global market cap is standing at US$1.14 trillion, showing a 3.91% decrease from yesterday but the 24-hour volume was up by 15.19% to US$76.90 billion. Our report on activities of the Spot Market and Futures Market are below: Spot Market Updates Bitcoin has been trading between US$23,839.77 and US$24,817.11 within the last 24 hours. As of 3:30 AM UTC, BTC price stands at US$23,902.13, which is a 3.84% decrease compared to Ethereum’s 5.63% decrease. There has also been an increase (+31.74%) in the volume of our spot market. There has been a decrease in the volume and price of altcoins over the past 24 hours, with some altcoins trading above the volume of US$1 billion, in order of market cap and volume we have BNB (-2.19%), ADA (-3.99%), and XRP (-3.21%). The highes t price and lowest price levels of BGB in the last 24 hours were US$0.15928 and US$0.15318 , respectively. The Top 3 Gainers of The Day are OpenBlox (OBX), Spell Token (SPELL), and ABBC Coin (ABBC). 1st Place OBXUSDT: Up by 20.89% A Blox is unlike characters in traditional games, it’s truly yours. All Blox exist as Non-Fungible Tokens (NFTs) on blockchain empowering you to freely trade them with other players, and move them across NFT marketplaces such as OpenSea. OpenBlox is EVM-based, and therefore compatible with all chains supporting EVM. With a trading volume of $412,715.84, OBX is trading at a current market price of $0.007774. 2nd Place SPELLUSDT: Up by 18.86% SPELL is the governance token of the Abracadabra.Money decentralized lending platform. SPELL is an ERC-20 token used as a governance and incentive token within the Abracadabra.money ecosystem. With a current market cap of $164,220,213.09 and a trading volume of $149,847,787.21, SPELL is trading at a current market price of $0.001695. 3rd Place ABBCUSDT: Up by 9.83% ABBC is a technology optimized for distribution, finance, shopping, security, using blockchain technology, The ABBC platform will allow users to send and receive funds, make online purchases using their own ABBC wallet, exchange ABBC coins at profitable rates, as well as trade and manage funds. With a current market cap of $159,125,788.39 and a trading volume of $35,628,245.86, ABBC is trading at a current market price of $0.1603. Meanwhile, the Top 3 Losers include: USDSPUSDT (-15.98%), FLUXUSDT (-15.34%), and MITUSDT (-14.99%). Futures Market Updates Activities on Futures markets are slowly increasing, with the Open Interests (OI) of all cryptocurrencies now recorded at US$4.33 billion, equivalent to a 3.99% decrease from yesterday. Bitcoin remained the most popular underlying asset for Futures traders and, obviously, the most liquid market. However, there was a mild Bitcoin selloff, resulting in the decline of Bitcoin OI Dominance to 61% at US$2.76B and a rise in the daily volume of Bitcoin futures to US$201,390.70. The last cycle of funding rate (+0.0001%) demonstrates a neutral signal. Bitcoin Long/Short Ratio reflects the market sentiment on this flagship coin, currently leaning towards bearish at 43.86%/56.14%. Most BTC long ETFs also locked in a negative change, except for the highly anticipated ProShares’ BTCUSDT">BTCUSDT">Short Bitcoin Strategy ETF (BITI), which closed Friday at US$32.59 from the opening price of US$32.39. Interesting Topics What are Crypto Derivatives? Understanding Finance: Capitalizing on Volatility What is a Centralized Exchange (CEX)? Follow Us For More Insights: Twitter | Telegram | LinkedIn | Facebook | Instagram

Bitget Bites (July 22, 2022)

The global market cap is standing at US$1.045T, showing a 2.45% increase from yesterday and the 24-hour volume was down by 22.74% to US$74.05B. Our report on activities of the Spot Market and Futures Market are below: Spot Market Updates Bitcoin has been trading between US$22,431.15 and US$23,309.96 within the last 24 hours. As of 3:30 AM UTC, BTC price stands at US$23,106.29, which is a 0.49% increase compared to Ethereum’s 5.94% increase. There has been a slight increase in the volume and price of altcoins over the past 24 hours, with so many altcoins trading below the volume of US$1B, in order of hierarchy we have XRP (+1.24%%), ADA (+1.71%), and SOL (+4.32%). The highes t price and lowest price levels of BGB in the last 24 hours were US$0.15400 and US$0.15101, respectively. The Top 3 Gainers of The Day are Open Blox (OBX), Fantasy Token (FTSY) and Cult DAO (CULT). 1st Place OBXUSDT: Up by 29.11% Blox is unlike characters in traditional games truly yours. All Blox exist as Non-Fungible Tokens (NFTs) on blockchain empowering you to freely trade them with other players, and move them across NFT marketplaces such as OpenSea. OpenBlox is EVM-based, and therefore compatible with all chains supporting EVM. With a current trading volume of $1,813,451.54, OBX is trading at a current market price of $0.01243. 2nd place FTSYUSDT: Up by 25.00% FANTASY allows community participants to directly interact with each other through P2P on the FANTASY platform. This will allow users to directly trade services and products without the need for intermediaries that exist in traditional markets. With a current market cap of $1,950,724.00 and trading volume of $338,411.80, FTSY is trading at a current market price of $0.006503. 3rd Place CULTUSDT: Up by 18.44% Cult DAO is a blockchain-based DAO aiming to accelerate the decentralized finance revolution. Its goal is to empower people with the necessary tools to "break away from societal, economic and other norms." To this end, its users can actively vote on funding for projects focusing on decentralized applications. With a current market cap of $82,837,396.32 and trading volume of $16,749,787.58, CULT is trading at a current market price of $0.00001929. Meanwhile, the Top 3 Losers include: ONITUSDT (-55.66%), SHITUSDC (-36.61%) SHITUSDT (-33.00). Futures Market Updates The Open Interests (OI) of all cryptocurrencies is going up again, now recorded at US$3.63 billion, which is equivalent to a 14.59% decrease from yesterday and the 24-hours aggregated volume of all contracts at US$125 billion (-69.21%). Bitcoin remained the most popular underlying asset for Futures traders and, obviously, the most liquid market. Bitcoin OI to the total OI ratio has, however, plunged to 56% from 76%, while the daily volume of Bitcoin contracts further declined to US$227,193.80. The last cycle of funding rate (-0.0100%) demonstrates a buy signal. Bitcoin Long/Short Ratio reflects the market sentiment on this flagship coin, now clearly showing bearish signs at 54.65%/45.35%. All Bitcoin ETFs also saw a huge decline in trading volume, even the highly anticipated ProShares’ Short Bitcoin Strategy ETF (BITI), which ended the day at US$34.35 compared to the opening price of US$35.18. Interesting Topics Grid Trading 101: A Step by Step Guide What is the value of Blockchain? What is Yield Farming, the rocket fuel of De-Fi, and how do you start it? Follow Us For More Insights: Twitter | Telegram | LinkedIn | Facebook | Instagram

Bitget Bites (July 12, 2022)

The global market cap is standing at US$886.9B, showing a 3.41% decrease from yesterday. In addition, the 24-hour volume was down by 0.45% to US$53.53B. Our report on activities of the Spot Market and Futures Market are below: Spot Market Updates Bitcoin has been trading between US$19,823.56 and US$20,664.82 within the last 24 hours. As of 3:30 AM UTC, BTC price is standing at US$20,029.92, which is a 3.47% decrease compared to Ethereum’s 5.90% decrease. There has been a decrease in the volume and price of altcoins over the past 24 hours, with only two altcoins trading above US$1B BCH (-5.04%) XRP (-3.36%), and SOL (-6.09%) coming behind and trading above US$800M. The highes t price and lowest price levels of BGB in the last 24 hours were US$0.14890 and US$0.14200, respectively. The Top 3 Gainers of The Day are Openblox (OBX), CRIPCO (IP3) and Loopring (LRC). Two out of these coins are NFT-related products. 1st Place OBXUSDT: Up by 83.40% A Blox is unlike characters in traditional games truly yours. All Blox exist as Non-Fungible Tokens (NFTs) on blockchain empowering you to freely trade them with other players, and move them across NFT marketplaces such as OpenSea. OpenBlox is EVM-based, and therefore compatible with all chains supporting EVM. With a current market trading volume of $534,331.22, OBX is trading at a current market price of $0.008278. 2nd place IP3USDT: Up by 7.87% As the world’s first industry-led DAO NFT platform, it brings together industry stakeholders, brands, artists, influencers, platforms (and others) in the governance of CRIPCO. That way, customers can be assured of the quality, exclusivity, value and utility of their NFTs. with a current trading volume of $23,671,760.08, IP3 is trading at a current price of $1.11534. 3rd Place LRCBTC: Up by 4.41% Loopring (LRC) is an Ethereum token that describes itself as “an open-source, audited, and non-custodial exchange protocol.” The protocol aims to allow anyone to build non-custodial, decentralized exchanges on top of it by leveraging zero-knowledge proofs (ZKPs), a popular means of enhancing privacy in cryptocurrency. With a current market cap of $524,609,338.04 and a trading volume of $133,358,912.13, Loopring is trading at a current price of $0.3935. Meanwhile, the Top 3 Losers include: OBX (-20.70%), LIFE (-17.95%) and MOONEY (-14.12%). Futures Market Updates The Futures market is slowing down. Today’s Open Interests (OI) of all cryptocurrencies are recorded at US$2.97B, which is equivalent to a 5.11% decrease from yesterday and the 24-hours aggregated volume of all contracts at US$167B (+34.68%). Bitcoin remained the most popular underlying asset for Futures traders and, obviously, the most liquid market: Bitcoin OI accounted for two-thirds of the total OI at US$1.97B while the daily volume of Bitcoin contracts only stood at US$238,148.90. The last cycle of funding rate (0.0100%) demonstrates a neutral sentiment. Bitcoin Long/Short Ratio reflects the market sentiment on this flagship coin, now clearly leaning towards bullish at 54.58%/45.42%. Most Bitcoin ETFs saw a negative 1-day change, except the highly anticipated ProShares’ Short Bitcoin Strategy ETF (BITI), which ended the day at US$39.70 compared to the opening price of US$39.62. We can see that institutional sentiment was slightly different from retail sentiment, i.e. less bullish in the last 24 hours. Interesting Topics What to expect after BTC soars to US$22K Virtual Reality versus Augmented Reality What Is Oracle? Follow Us For More Insights: Twitter | Telegram | LinkedIn | Facebook | Instagram