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.

For more details, please click here to read the original: https://medium.com/ok-blockchain-capital/october-blockchain-industry-report-33abeadb9e4

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