BTCNEXT Exchange Update #49
BTCNEXT is doing great and it’s all thanks to you, beloved community! In recent weeks, we have continued to improve our exchange — we performed planned maintenance and updated adapters. Check it all out right now!
The S&P 500 closed at a fresh all-time high on Friday, in its best week since February, despite the highest U.S. inflation since 1982. The broad US stock index rose +1% on Friday and +3.8% over the week.
The high-tech Nasdaq 100 rose +1.1%, showing a weekly gain of around +4%, also the best since February. The blue-chip Dow Jones Industrial Average rose 0.6% to close its best week since March.
European equity markets fell on Friday with the STOXX Europe 600 Index down 0.3%. Brent futures increased by 1.2% to $75.33 a barrel. Gold rose by 0.4%.
The crypto market capitalization didn’t change over the last 7 days. EOS grew more than the others: +12.2% in one week. BAT dipped the most by -9,3%. QDAO went up by +8.4%, BNX rose by +1.2%, NOAHP strengthened by +2.3%.
The crypto market looks alarming. Bitcoin continues to decline again to $42,000 after bouncing above $50,000. If local support at $46,000 and $42,000 fails, the decline may continue to $30,000. In this case, continued growth will be questionable. Potentially, BTC could drop to as low as $22,000. To prevent this scenario from being true, the Bitcoin price needs to turn around and jump to $53,000. According to technical indicators, the market has cooled enough to continue to grow. Altcoins will react more sharply and lose value with every BTC spill.
BTCNEXT Exchange update
The BTCNEXT continues with its constant improvements. Here are the most important updates:
- We have updated multiple adapters. Now, GRT, CEL, REN, COMP, ENJ, UMA, BAT, VEST, MATIC,
- XEM, AAVE, QDA, BNX, UNI, CRV, 1INCH and LINK wallet addresses have now been changed to the new ones. Please be careful and use the new addresses for deposits.
- We have conducted further maintenance. Now, BTCNEXT Exchange’s operations have become more stable and fast. Our team strives to give users the best conditions and scheduled maintenance is the way to achieve this big goal.
Daily volumes and statistics on BTCNEXT Exchange:
- BTC — $13.2m
- ETH — $8.2m
- ADA — $6.6m
- BNX — $70,000
- NOAHP — $3,000
- QDAO — $35,000
- The total average daily volume on the exchange is $52.6m.
To learn more about BTCNEXT, visit our official website.