BTCNEXT Announcements

    Exchange Update #21

    Sailing on! BTCNEXT Exchange development continues and we’re proud to present some juicy updates: the Platinum Forum launch, the integration of SpaceSwap’s design and details into the main page. Learn more down below!

    Financial markets

    In October, gold traded in the range of $1,860-$1,930 and ended the month with a 0.3% decline. The volatility of the first half of November pushed back the upper border of the corridor. The trading session last week ended near the support level of $1,890 per ounce.

    Goldman Sachs predicts the price will rise to $2,300 per ounce next year, when real interest rates drop.

    In the first three days of last week, WTI oil broke the price threshold of $43, the maximum in the last 2.5 months. A significant adjustment led to the price level of $40.15 per barrel.

    Key indices grew in price. The S&P500 rose by $400 and is now trading in the $3,600 region, while The Dow Jones added 3,000 points and is now worth approx. $29,500.

    Crypto market

    The crypto market capitalization increased by 4% over the past 7 days. Most cryptocurrencies on the BTCNEXT Exchange rose but some dropped. DASH grew the most: +15% per week. BCH dropped more than the others, losing 8% of its value. The QDAO and NOAHP prices haven’t changed. BNX dropped 18%.

    Bitcoin proved that its potential to climb higher and add some fire to the crypto market is still alive! In the last two weeks, BTC added $2,300 in value and is now worth $16,300. Great! But in recent days, the price has stuck and altcoins have begun to decline. We can expect the crypto market to go even higher if Bitcoin continues its rally.

    BTCNEXT Exchange update

    BTCNEXT Exchange development is continuing at a stable pace. Here are the most important updates from the last 2 weeks. We have:

    • Announced Platinum Forum's launch. The Platinum Forum has been launched and BTCNEXT Exchange has its own branch there. Now, all crucial information about the BTCNEXT project can be found in one user-friendly place.
    • Integrated partner design of SpaceSwap. Now you can learn more about SpaceSwap on its personal page. SpaceSwap is a handy service for liquidity pool providers. It is a unique aggregator that unites all the major DeFi protocols in a one-stop-station.
    • Added the Dashboard section to the Exchange. Now you can add useful blocks on the 1st page of the Exchange and organize it in a convenient way. Add various widgets, deposit/withdraw fast, receive valuable information and customize everything as you like.
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    Daily volumes and statistics on the BTCNEXT Exchange:

    • BTC - $12m
    • ETH - $13.5m
    • BNX - $220,000
    • NOAHP - $3,100
    • QDAO - $74,000
    • The total average daily volume on the exchange is $58m.

    We hope you are just as excited about these updates as we are. Come back in two weeks for a new portion of news!