BTCNEXT Announcements

    Exchange Update #13

    We’ve prepared another batch of updates about the financial markets, cryptocurrencies and BTCNEXT! The exchange continues to grow, adding more opportunities for its users. Find all the news below:

    Financial markets

    The stock market is steadily recovering the losses of the first half of the year. The middle of the summer proved to be mostly uneventful and the new stimulus packages around the world are guiding economies upwards. Promising vaccine tests might mean new rallies in the future.

    Energy markets are in slow recovery as well. While full normalization of the travel and transportation sectors is still going to take time, the demand is still gradually rising and the sluggish demand is being resolved. Brent is at $43.40 and WTI is at $40.98.

    New stimulus measures are also driving up the price of gold - the safe haven asset is still in high demand. At the moment, XAU USD stands at 1823.14 US dollars per ounce.

    Crypto market

    Crypto market capitalization remained mostly flat during the last 7 days, fluctuating by about 1%. Major currencies showed mixed results. XEM demonstrated the best performance of the period, adding 10%. ADA suffered the heaviest losses, shedding 7%.

    At the same time, BNX came back from the earlier offset and gained 19%. QDAO remained flat. NOAH.P experienced rapid growth and added an impressive 40%. The growth is back once again - don’t miss your opportunity to make a profit!

    BTC is currently trading at around $9,334. ETH is currently standing at $241,94, profiting on skyrocketing transaction volumes. The market remains in a flat consolidation phase, although growth might be expected soon.

    BTCNEXT Exchange updates

    The BTCNEXT team is working hard on adding more coins and trading pairs as well as making the platform more efficient and easier to use. The team’s main objective is to provide more trading opportunities and keep profits high for everyone. We have:

    • added the ETC/BTC trading pair, as well as ATOM/BTC and ATOM/USDT. Both Ethereum Classic and Atom are growing fast and are being used in many promising projects - be sure to check these out!
    • continued work on listing new coins and trading pairs. The BTCNEXT team is carefully selecting new assets and is listing only the most promising options.
    • kept in touch with CoinMarketCap. The listing of BTCNEXT on this major platform will bring us more attention, new traders, larger volumes and will eventually bring more profits for everyone. Read the full article on BTCNEXT Medium.

    Daily volumes and statistics on the BTCNEXT Exchange:

    • BTC - $1.9m
    • ZEC - $1.4m
    • BNX - $1700
    • NOAHP - $4,900
    • QDAO - $1,500
    • The total average daily volume on the exchange is $6.2m.