OKEx

Bitcoin Price Index

Planning to Short Bitcoin? Better Check China’s ‘Tether Premium’ First

Muyao ShenFeb 24, 2021

Bitcoin analysts say this week's quick market rebound might be due to Chinese retail buyers buying the dip, using the stablecoin tether.

Bitcoin

Why a Chinese New Year Sell-Off May Not Happen This Year

Muyao ShenFeb 5, 2021

It's the year of the ox, and many traders and investors are holding their bitcoin in anticipation of a bullish market trend.

Huobi

Blockchain Sleuth Says OKEx, Huobi Stonewalled Him in Child Porn Investigation

Ian AllisonMar 4, 2021

"Why would an exchange or any service in this industry that's claiming to want to do the right thing refuse to speak at all?" says CipherBlade's Rich Sanders.

Lightning Network

OKEx Exchange to Integrate Bitcoin’s Lightning Network for Faster, Cheaper Transactions

Tanzeel AkhtarFeb 2, 2021

High on-chain fees and transaction times for bitcoin can be off-putting to users, the exchange said.

Bitcoin

Institutions Keep Buying Bitcoin’s Dip, Despite Near-term Volatility: Data

Muyao ShenJan 22, 2021

Institutions and "whales" have continued their bitcoin purchases, on-chain data shows.

OKEx

Derivatives

OKEx Adds More Coin-Margined Perpetual Swaps for Real-Time Settlement

Tanzeel Akhtar

The real-time settlement function went live on Dec. 29.

OKEx

OKEx Launches Real-Time Settlement for Derivatives Trading

Tanzeel Akhtar

Cryptocurrency exchange OKEx has introduced real-time settlement for the trading of derivatives on its platform.

Bitcoin

Bitcoin Whales Buy Low, Sell High; Retail Investors Chase Rallies: Data

Muyao Shen

Data from OKEx gives one explanation of how bitcoin whales were able to influence the market during the rallies.

OKEx

OKEx Bitcoin Mining Pool Shows Signs of Life After Precipitous Hashrate Drop

Zack Voell

The troubled bitcoin mining pool is up 181 PH/s from its 18 PH/s lows in November.

First Mover

First Mover: Bitcoin Below $19K and Customers Flee OKEx

Muyao ShenOmkar GodboleBradley Keoun

OKEx appears to suffer customer outflows after lifting of five-week withdrawal suspension, highlighting the existential threat of operational risk.

OKEx

OKEx’s Trading Volumes and Tether Reserve Plunge on Possible User Exodus

Muyao Shen

A sharp drop in OKEx’s trading volume and stablecoin reserves – tether in particular – may reveal an ongoing exodus of its users after the popular crypto derivatives exchange unexpectedly halted all crypto withdrawal activities for about five weeks.

OKEx

OKEx CEO Says Exchange Updating Procedures to Prevent Repeat of Withdrawal Freeze Issue

Tanzeel Akhtar

Jay Hao pledged in an AMA that his firm has taken steps to ensure cryptocurrency withdrawals won't again be frozen because of the absence of a keyholder.