Hey Ninjas, how’s the trading? The Chinese mining and mining Application Specific Integrated Circuit (ASIC) manufacturer Bitmain suffered a loss of $345 million in the month of January and $280 million in February. In the month of March, the firm's losses summed up to $625 million.
The Malta-based cryptocurrency exchange Okex launched a new digital platform that covers trading trends for derivatives. The newly released platform will reportedly allow users of Okex access “real-time data” on the future of the exchange and will also allow swap markets for BTC, ETH, XRP, and 6 other major cryptocurrencies.
The platform aims to provide impartial trading data to better inform its customers and create trading strategies. The platform provides 6 market trend indicators, long/short positions ratio, basis, open interest, and trading volume, buy/sell taker volume, top trader sentiment index, top trader margin used.