BTCNEXT Announcements

    Exchange Update #11

    BTCNEXT Exchange Update #11

    Hello! Are you ready for some more news? We are expanding our list of trading pairs, improving our website, and will soon be listing new coins. Every day the Platinum Team is making BTCNEXT bigger and better, striving to bring you the best exchange service in the world. We wish you good trading sessions and check out all the updates below!

    Financial markets

    The stock market is currently developing its modest gains. New coronavirus cases keep the bulls in check but the economic reopenings are driving stocks up. Big Tech continues to grow with confidence.

    Following a rally, oil prices remained mostly flat, possibly reaching their highest level for the near future. Producers are cautiously beginning to increase their activity and production. At the time of writing, Brent crude stood at $42.12 a barrel.

    Gold is on track for its highest price since 2012. New coronavirus cases are driving the safe-haven investment up. At the moment, XAU USD stands at 1,760 per ounce.

    The major indexes are growing slowly but steadily. S&P 500 has given up some of its earlier gains but is still keeping its head over the 3000 USD mark.

    Crypto market

    Crypto market capitalization remained mostly flat during the last 7 days, gaining only 1%. Each major currency saw slight gains. XEM demonstrated the best performance of the period, adding 7%. All large coins stayed ‘in the green’.

    Meanwhile, BNX had some good days, gaining 32%. QDAO lost 27%, roughly equaling $4. NOAHP remained strongly stable, confidently holding on to its current position.

    BTC is currently trading at around $9,475, at the time of writing. ETH is confidently going up and is currently standing at $239. The market seems to be in a consolidation phase, so it might be a good idea to be on the lookout for big breakouts or breakdowns.

    BTCNEXT Exchange updates

    The BTCNEXT Team is working hard as usual. We have big plans for updates - some of them have already been rolled out and even more are in the works. We have:

    • added new trading pairs for TRON: TRX/BTC and TRX/USDT
    • carried out maintenance and introduced crucial updates to the website
    • prepared for the listing of new coins.

    Daily volumes and statistics on the BTCNEXT Exchange:

    • BTC - $2.4m
    • ETH - $2m
    • BNX - $1,200
    • NOAHP - $4,900
    • QDAO - $2,900
    • The total average daily volume on the exchange is $8.7m.