The OKEx Morning Brief delivers daily updates on industry trends and market movements, empowering investors to spot opportunities in the rapidly evolving crypto space.
Market Snapshot
As of April 7, the cryptocurrency market showed mixed performance with major coins predominantly in the green:
- BTC: $57,699.95 (↓0.26%)
- ETH: $2,104.68 (↑0.86%)
- LTC: $227.91 (↑1.43%)
- OKB: $18.35 (↑4.67%)
- Top DeFi Gainers: PNK (+29.30%), SWRV (+25.67%), FLM (+17.67%)
👉 Track real-time prices on OKEx
BTC Contract Data:
- Open interest: $2.86B
- Long/short ratio: 1.19
- Elite traders: 49% long, 45% short
OKEx Updates
Unified Account System Now Live
OKEx's Unified Trading Account offers three modes—Simple, Single-currency Margin, and Cross-currency Margin—streamlining trades and boosting capital efficiency.
New Listings & Promotions
- KONO: Trade to win $100K in prizes (Ends April 13).
- ZKS/LPT: Deposit to enter Tesla and iPhone12 draws (Ends April 9).
- FIL/CFX/CONV/DORA: Exclusive rewards for large holders (Final day).
Industry Highlights
Polkadot Futures Open Interest Hits $1B
DOT's rally propelled its futures market to become the third-largest by open interest.
Record Crypto Fund Inflows in Q1
CoinShares reports $4.5B inflows this quarter—an 11% jump from Q4 2020—driven by renewed institutional interest.
Blockchain for Public Services
Vitalik Buterin and Miami Mayor Francis Suarez are collaborating to integrate blockchain into city infrastructure.
NFT Art Exhibition in Atlanta
ABV Gallery showcases NFT artworks with interactive visual/audio elements, bridging digital and physical art spaces.
Bullish Bitcoin Forecast
William Quigley, Tether co-founder, predicts BTC could surge 300–500% within 12–18 months, targeting $100K+.
FAQ
Q: Why are crypto fund inflows significant?
A: Rising inflows indicate growing institutional confidence, often preceding price rallies.
Q: How does OKEx’s Unified Account benefit traders?
A: It consolidates assets, reduces manual transfers, and optimizes margin usage across positions.
Q: What’s driving Polkadot’s market growth?
A: DOT’s parachain auctions and ecosystem expansion fuel demand for futures hedging.