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OK Blockchain Capital: More than two-thirds of investors did not gain in October
[November 28, 2018]

OK Blockchain Capital: More than two-thirds of investors did not gain in October

BEIJING, Nov. 28, 2018 /PRNewswire/ -- OK Blockchain Capital released the October Blockchain Industry Report on Nov 22. The average market value of October was relatively stable, while average daily trading volume fell significantly by 11.21%.

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Some highlights of the Industry Report include:

  • The overall earnings in October were bleak. According to the OK Blockchain Capital questionnaire survey, more than two-thirds of investors did not gain in October. 72.72% of investors had essentially flat earnings(-10%<=market returns<10%), small losses(-30%<=market returns<-10%) and large losses(-100%<= market returns<-30%). Investors are significantly more optimistic about the market for coming half-year than for the next month. The top 3 of currency holdings in September were BTC, EOS and ETH.
  • OK Blockchain Capital took stock of major industry events and selected the key events of the month. The blockchain industry keywords for October were blockchain Pixel, the USDT price plunge, and Hong Kong's new regulations.

In terms of policy, the Venezuela president announced official issuance of the national cryptocurrency, the Petro. Indian Prime Minister expressed his support for blockchain technology on social media. The United States and New Zealand promoted cryptocurrency regulation.

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

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SOURCE OK Blockchain Capital

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