OK Blockchain Capital releases November Blockchain Industry Report

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Jan 10, 2019, 05:57 ET

BEIJING, Jan. 10, 2019 /PRNewswire/ -- OK Blockchain Capital released the November Blockchain Industry Report on Jan 2. The average daily market value decreased sharply to $179.248 billion in November, down 14.52% from October, which cause average daily trading volume rise significantly by 37.96%.

Survey results showed that more than 70% investors believed that the current bear market would last for more than one year and Bitcoin would fall below $2,000. Platform currencies & cryptos are still the most favored assets in a bear market according to the survey.

OK Blockchain Capital took stock of major industry events and selected the key events in November:

BCH computing power battle
SEC regulations
changes in USDT redemption rules

In terms of policy, The Central Bank of the Bahamas is preparing to integrate crypto assets into the financial services industry. The Paraguayan government announced its support for blockchain technology foundation projects to build the world's largest Bitcoin mine. The US, India and Japan all promoted cryptocurrency regulations.

About OK Blockchain Capital

As the strategic partner with OKEx, OK Blockchain Capital has accumulated rich experience in blockchain research and development. We are devoted to assist promising entrepreneurs and teams to grow and succeed in blockchain industry by offering exclusive consulting services, technological support and funding.

For more details, please click to read the original report: https://medium.com/ok-blockchain-capital/november-blockchain-industry-report-9abfa2c4b5f

SOURCE OK Blockchain Capital