A bullish breakout during the 17:00 trading hour on August 18 pushed prices from $2.97 to $3.10, supported by heavy volume of 131 million—double the 24-hour average of 66.8 million.
OKX - OKB is currently priced at $128.90, with a 24-hour increase of 13.25%. 24-hour transaction volume of 200 million US dollars, a decrease of 8.72%, for reference only
Bernstein: Crypto bull market may continue until 2027, Bitcoin may rise to $200000 within a year Bernstein analysts predict that the cryptocurrency bull market may continue until 2027, surpassing the traditional four-year cycle, driven by accelerated policy support and institutional adoption in the United States. Bitcoin may rise to $150000 to $200000 in the next year, with capital inflows expanding to Ethereum, Solana, and DeFi tokens. Institutions have raised Robinhood's target price to $160 due to a surge in its cryptocurrency trading volume; Set the target price for Coinbase at $510 due to increased trading volume and revenue; Maintaining the Circle target price of $230, it is expected that the supply of USDC will continue to increase. Analysis suggests that US encryption policies will prolong the market cycle and may reach new highs in 2026-2027.
According to the popularity ranking, OKB ranks first in popularity, while MYX has the largest decline. The popularity ranking is as follows: ① OKB （$127.09，13.45%） ② ETH （$4280.27，1.03%） ③ LINK （$24.29，-0.49%） ④ ARB （$0.4966，-2.55%） ⑤ BIO （$0.1349，10.57%） MYX's main funds have strong selling power, with a net outflow of $16.4838 million in 24 hours and a transaction volume of $933 million in 24 hours, of which the main funds had a net outflow of $927.36 million.
Goldman Sachs' Chief Strategy Officer is optimistic about five-year US Treasury bonds and expects the Federal Reserve to cut interest rates by 25 basis points in September Josh Schiffrin, Chief Strategy Officer of Goldman Sachs Global Banking and Markets, said that five-year Treasury bonds are his "favorite trade" in the context of the Fed's almost certain interest rate cut in September. He pointed out that the five-year treasury bond with the current yield between 3% and 4% are not only attractive in valuation, but also have the characteristics of providing protection when the risk market weakens. As of August 19th, the yield on five-year US Treasury bonds was 3.85%, a significant decrease from the beginning of the year, reflecting market expectations for loose policies. Shiflin predicts that the Federal Reserve will cut interest rates by 25 basis points at next month's meeting and may initiate a loose cycle that will continue until 2026.
MGBX will launch spot trading for APE, NFT, BLUR, ME, and RARE In order to enrich platform trading varieties and enhance user trading experience, MGBX will officially launch ApeCoin (APE), APENFT (NFT), Blur (BLUR), Magic Eden (ME), SuperRare (RARE) related spot trading pairs: Time schedule: Recharge opening time: 2022-08-19 19:00:00 (SGT) Trading opening time: 2022-08-19 19:30:00 (SGT) Withdrawal opening time: 2022-08-22 19:00:00 (SGT) Transaction details: APE/USDT NFT/USDT BLUR/USDT ME/USDT RARE/USDT According to reports, for more trading opportunities, please go to "News Update" The data is sourced from MGBX for information sharing only and does not constitute any investment advice.
