Volume

Bitcoin (BTC) is preserving stability with negligible trend around $6,600. However, Nigel Green, deVere CEO, an autonomous financial advisory organisation, is optimistic that an upward swing is arriving as Fear of Missing Out (FOMO) will push the BTC and Cryptocurrency price higher by the end of 2018.

Recently, there appears allegation upon the trading volume of OKEx, a world-leading digital asset exchange. However, the allegation itself is invalid for the difficulty to collect the accurate data of trading volume as a person or even media outlets, let alone exchanges like OKEx with futures trading and API transaction.

The Bitcoin price has fallen like a stone by over 2% within just 30 minutes from $7,400 to $6,950, forcing tokens and other significant Cryptos to register large losses. Moreover, the downfall continued within the next hours, and presently BTC price is as low as $6,452.

Following the launch of their Mission X program, BitMart Exchange listed 13 new projects as trading pairs for their utility token, BMX. Those trading pairs went on to combine for a total trading volume of $12 Million USD on the first day of trading on BitMart’s BMX Market and payed out $12,000 in dividends to investors. The BMX Market is a part of BitMart’s Mission X: The Community Listing Market, a new program that aims to spark innovation for the blockchain industry and that has already raised over 14 million BMX in investments from supporters.

Shinil Group, a South Korean treasure-hunting company, recently made global headlines when they proclaimed an Initial Coin Offering (ICO) after discovering a sunken Russian battleship possessing large volumes of gold worth US$130 billion.

Utterly new exchanges are exhibiting drastic robust trading volumes, covering up among high marketplaces and far away above older established platforms, which has resulted to more assertions of attempts to increase visibility in CoinMarketCap's exchange platform rankings, particularly through fake and fraudulent volumes.

Coineal is the only platform that develops a unique strategy. The legendary “Ultraman” trading platform the first proposed Liquidity Mining model, also alternates the overall style which is completely different from other platforms.

The bitcoin transaction volume increased in the first week of June this year to more than 1.5 billion (worth N1.4 billion) from 1.3 billion traded in the last week of May in Nigeria, Africa's biggest economy and most populated country. Individual investors made a lot of transactions using local exchanges compared to companies outside Nigeria that allow virtual currency dealings.

HitBTC has grown into one of the most sought after cryptocurrency exchanges, becoming the premier destination for blockchain startups to have their token listed. Getting listed on a reputable exchange like HitBTC, ranked 5th by global daily volume, remains the only way for decentralized platforms to facilitate fast, secure, and transparent liquidity for their product.