BTCNEXT Exchange Update #51
Another bunch of crucial updates has arrived! We conducted scheduled maintenance and distributed the final NOAHP bonuses to BTCNEXT Rainbow and Superior Angels. Check out all the updates right now!
US stocks rebounded as “drawdown buyers” emerged to stem a five-day sell-off, the longest declining streak in the US stock market since September 2021.
After falling -2% early in the session on Monday, the S&P 500 nearly zeroed its losses, aided by signs that omicron coronavirus infections may have peaked in New York. The Nasdaq 100 entered into the green after giants such as Apple and Microsoft fell 8.5% from their November peak.
Oil prices have corrected — Brent futures fell 1.1% to $80.87 per barrel. Gold remains at around $1,800 an ounce.
The crypto market capitalization dipped 12.3% over the last 7 days. DASH grew more than the others: +5.1% in one week. AAVE dropped the most: -27.4%. QDAO went down by -32.2%, BNX dipped -60.4%, NOAHP lost -3.7%.
The market is cold enough for a slight rebound. The Bitcoin price fell 42.5% from its ATH and even dropped out of the upward channel, which may indicate the beginning of the crypto winter. Fear reigns in the market. Altcoins are falling harder than BTC and this situation is likely to worsen in the future. If the bulls manage to push the price above $50,000, the uptrend could continue. But if BTC falls below $40,000, the bears will not let go of prices and we will fall down to $22,000.
BTCNEXT Exchange update
The last two weeks were full of important updates, here are the main ones:
- We distributed the regular six-month NOAHP bonuses to BTCNEXT Superior and Rainbow Angels on December 30th. They received up to 11% of the total NOAHP balance! This bonus was the final one.
- We have conducted maintenance. This was an important step to enable the exchange to work faster and be more stable and safe. It’s also crucial for the coming listings of new coins.
Daily volumes and statistics on BTCNEXT Exchange:
- BTC — $13.9m
- ETH — $4.2m
- ADA — $2.6m
- BNX — $10,000
- NOAHP — $2,000
- QDAO — $15,000
- The total average daily volume on the exchange is $43.6m.
To learn more about BTCNEXT, visit our official website.