Exchange Weekly | Globalization will be the general trend of exchange development; OKB has the best yield performance in 2019; the price of the platform currency shows signs of stopping its decline (12.23-12.29)
Produced by Odaily
Editor | Hao Fangzhou
Produced by Odaily
Exchange traffic has picked up;
Exchange Weekly Trends
Exchange Weekly Trends
On December 26, OKEx will publicly launch Bitcoin options trading on January 9, 2020.
On December 26, BitUniverse teamed up with PeckShield to track the assets of the Bitgogo exchange and found that the wallet assets of the exchange had shrunk from a maximum of 350,000 US dollars in September this year to less than 20,000 US dollars.
On December 25th, Huobi Indonesia Digital Asset Exchange will launch the Indonesian rupiah fiat channel on December 28th.
On December 25, BigONE announced the completion of the acquisition of the domain name and BaseFEX exchange.
On December 25, Tokai Tokyo Financial Corporation invested USD 4.56 million in Huobi Japan to develop virtual currency-related businesses.
Exchange data statistics
Exchange data statistics
source:
source:Alexa
According to Alexa statistics, the Binance website UV (unique visitors) this week was 832,000/day, an increase of 30% from last week; at the same time, PV (page views) was 4.825 million/day, a 42% drop from last week. As the leading exchange in the encryption world, Binance accounts for most of the market traffic, which shows that the decline in the overall market traffic has slowed down recently.
source:
source:Dapptotal
Note: According to the statistics of Dapptotal combined with the historical price trend of BTC, it is found that the number of active users of DEX users is positively correlated with the price. In December 2017, the price of BTC reached a peak of 120,000 US dollars, and the number of users of Dex reached a peak of 9340; in April and May of 2018, the price of BTC rebounded again, and the number of active users of DEX also rebounded again; therefore, the number of users of DEX can be used as a judgment A reference indicator of market trends, but in the transaction volume and number of transactions counted by Dapptotal, the research institute found that its trend is not as highly correlated as the number of users and the price of BTC, so the number of users is intercepted as a reference indicator.
Note: According to the statistics of Dapptotal combined with the historical price trend of BTC, it is found that the number of active users of DEX users is positively correlated with the price. In December 2017, the price of BTC reached a peak of 120,000 US dollars, and the number of users of Dex reached a peak of 9340; in April and May of 2018, the price of BTC rebounded again, and the number of active users of DEX also rebounded again; therefore, the number of users of DEX can be used as a judgment A reference indicator of market trends, but in the transaction volume and number of transactions counted by Dapptotal, the research institute found that its trend is not as highly correlated as the number of users and the price of BTC, so the number of users is intercepted as a reference indicator.
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The spread is an important indicator to measure liquidity. The smaller the spread, the higher the possibility of matching, the lower the transaction cost, and the better the liquidity. Compared with the trading volume, the spread is difficult to fake, so it is a relatively good measure of liquidity. reliable indicator. According to statistics, among the top assets, the exchange with the smallest daily average spread is Huobi Global with only 0.18%, followed by Binance and Poloniex with 0.28% and 0.35% respectively. These three are exchanges with better liquidity of leading assets.
There is a large difference in the point difference between the waist and tail assets, among which Binance and Huobi are the best performers, and Bitfinex and Bittrex are at the tail.
source:
source:Bakkt Volume Bot
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Among them, the green line is the price trend of BTC, the orange line is the price trend of BNB, and the blue line is the price trend of HT.
source:tradingview
Among them, the green line is the price trend of BTC, the orange line is the price trend of BNB, and the blue line is the price trend of HT.
This week, Bitcoin is mainly volatile. Both BNB and HT show signs of stopping the decline. This week, HT trend is slightly stronger than BNB.
source:
source:aicoin
The price of platform tokens this week has not changed much from last week. The three major platform tokens BNB, HT, and OKB all showed signs of stopping their decline, and their performance was better than last week.
source:
source:AMBcrypto
Exchange traffic picks up
analyst point of view
Exchange traffic picks up
Whether it is from the traffic and trading volume of the exchange website, or from the price of the platform currency, there are signs of stopping the decline. Platform currency is similar to brokerage stocks in the traditional stock market. Account opening and trading volume determine the value of brokerage stocks, and the same applies to virtual assets. The rise of platform currency is a signal of recovery in the virtual asset market.
Mainstream exchanges are actively deploying overseas markets
Recently, users from 31 countries including the United Kingdom, Germany, France, and the Netherlands can directly purchase digital assets on Binance through Visa cards, and three legal currency trading pairs including ruble, lira, and naira have been opened. Huobi also announced progress in Japan and Indonesia this week. Globalization will be the future development trend of exchanges.
