
What’s driving OKX’s token?
Where do ambitions of world dominance take #OKX next? 🤔
The Bahamas 🇧🇸
🥁OKX is proud to expand its global footprint by opening a regional hub in Nassau 🥁
— OKX (@okx) November 3, 2022
$108,577.00
3.66%$2,651.74
5.46%$2.30
6.57%$657.60
2.01%$156.98
4.37%$0.999764
0.00%$0.179445
3.48%$0.279802
2.78%$2,650.91
5.48%$0.653841
4.42%$43.81
8.90%$108,575.00
3.71%$3,197.28
5.52%$3.12
4.22%$472.18
2.54%$14.07
7.22%$9.21
0.61%$19.86
5.07%$0.267699
4.32%$3.04
2.98%$51.87
30.84%$0.00001227
3.11%$0.999897
0.00%$2,652.71
5.49%$2,837.43
5.57%$0.15969
4.68%$88.64
3.87%$0.999762
-0.02%$328.18
4.50%$3.97
5.63%$0.999976
0.02%$4.58
1.82%$108,621.00
3.66%$0.00001124
3.02%$7.82
11.18%$0.594383
-0.88%$287.79
7.25%$1.18
-0.02%$387.65
7.27%$4.87
9.14%$51.83
0.64%$5.66
5.03%$2.38
8.47%$1.00
0.00%$0.092783
2.97%$190.16
4.64%$17.45
6.04%$33.20
0.93%$0.834818
6.94%$1.055
0.00%$0.999887
-0.12%$0.080157
10.65%$0.625344
1.58%$10.07
1.86%$16.48
-0.87%$0.093307
8.48%$0.02316243
5.17%$4.28
5.84%$4.44
-0.10%$0.313917
5.91%$0.724047
5.97%$108,494.00
3.75%$3.59
5.46%$0.206218
4.93%$2.56
7.05%$0.338805
5.46%$1.017
5.69%$2,652.59
5.54%$0.183922
6.27%$108.77
3.35%$1.00
0.05%$4.52
2.38%$0.999219
0.08%$1.61
12.43%$1.00
0.02%$11.21
0.49%$165.53
4.25%$1.31
9.35%$1.99
9.26%$0.437962
3.12%$3,018.35
5.52%$0.01850944
2.91%$1.24
2.08%$1.83
6.44%$2,781.42
5.61%$0.00001573
6.51%$12.30
10.52%$0.354165
8.55%$0.613838
5.83%$3.60
2.98%$0.184239
5.60%$1.00
0.02%$0.663485
8.69%$0.999288
-0.06%$0.01572578
8.23%$2,836.37
5.71%$0.060296
1.68%$2,781.34
5.60%$0.999974
0.04%$0.160085
7.62%$108,014.00
3.31%$0.895742
7.20%$2,785.22
5.40%$108,349.00
3.53%$0.474351
5.15%$657.34
1.91%$0.091124
6.62%$0.636463
9.46%$0.544118
4.79%$109,365.00
2.04%$3,414.86
-2.14%$3,393.50
-1.95%$175.57
4.87%$0.00008136
5.85%$0.8711
8.70%$1.11
0.04%$204.40
4.71%$2.26
4.58%$2.37
3.26%$2,867.29
5.56%$0.737053
7.08%$44.81
4.14%$21.40
6.24%$111.45
0.02%$0.844451
17.53%$0.01564286
6.17%$0.276601
6.61%$0.00000069
3.99%$0.17556
4.76%$0.999508
0.02%$0.01371776
5.76%$0.01050491
8.75%$4.04
11.66%$0.112329
7.81%$0.474312
3.22%$43.87
9.12%$1.093
-0.05%$31.88
2.42%$0.997577
-0.04%$107,566.00
3.06%$0.579693
5.22%$2.27
7.66%$0.599539
3.28%$0.547297
16.31%$2,654.16
5.60%$0.363786
4.83%$2,653.41
5.53%$108,456.00
3.72%$0.999433
0.07%$1.58
5.92%$2,838.04
5.55%$2,785.41
6.32%$0.684365
4.22%$0.205257
0.06%$108,832.00
3.83%$0.273529
6.03%$0.01514262
15.68%$2,653.63
5.59%$43.84
8.98%$56.07
9.41%$8.88
2.14%$0.997874
-0.11%$0.04851524
9.15%$0.437824
3.63%$1.52
9.80%$1.61
-0.13%$0.179415
3.60%$0.38459
16.52%$2.46
0.80%$0.06123
-1.48%$0.999798
0.01%$1.00
0.03%$38.72
3.40%$0.537422
5.05%$0.126172
8.21%$0.00486562
18.52%$0.00000042
1.54%$0.42353
-1.12%$5.87
7.39%$14.59
6.44%$1.025
24.87%$0.00711828
12.61%$1.09
0.06%$2,650.90
5.59%$0.999838
-0.01%$0.991933
-0.20%$2,817.74
5.49%$0.402528
-0.29%$0.00002016
0.13%$6.11
4.96%$0.00399855
9.82%$2.45
7.10%$0.00000101
14.73%$1.29
4.33%$0.077854
5.80%$0.543191
4.75%$0.00425432
5.78%$0.147852
3.61%$1.00
-0.01%$0.03812808
0.61%$1.13
7.77%$2,925.55
5.63%$0.147475
6.76%$0.03776593
5.38%$1.47
6.44%$2,896.62
5.41%$0.01808749
1.88%$0.52731
8.88%$108,492.00
3.65%$2,653.05
5.57%$0.342195
-0.53%$1.25
3.70%$0.00006148
3.72%$0.161022
-2.04%$107,229.00
2.41%$171.04
4.30%$0.03366831
3.45%$0.793978
3.11%$0.337298
6.24%$0.00392138
5.56%$0.070955
6.38%$19.88
1.40%$2,649.90
5.48%$0.999849
0.02%$0.998904
-0.01%$0.00000154
-0.88%$118.66
3.36%$0.00596729
4.22%$0.998919
-0.08%$0.678843
11.07%$19.93
5.51%$0.01983166
4.90%$0.206142
4.78%$0.652785
6.01%$108,102.00
3.39%$0.999894
-0.01%$1.78
0.55%$6.95
2.93%$1.005
-0.66%$0.00413104
12.98%$0.203027
6.50%$1.018
-0.06%$2,177.84
3.49%$9.25
4.19%$104,463.00
2.68%$0.00299909
6.39%$106,828.00
4.34%$24.09
5.38%Reading
OKB, the native token of the crypto exchange OKX, has surged nearly 25% over the past 24 hours and reached a new monthly high of $22.15, according to data from Coingecko.
After retreating some from a longer bull run, OKB now trades at around $20.37 as of this writing and is the 19th-largest cryptocurrency with a $5.1 billion market capitalization.
Trading volumes have also spiked by 208% to $90.019 million in the last 24 hours. OKB is now just a half-billion dollars away from surpassing the popular decentralized exchange (DEX) token behind Uniswap.
On a weekly note, OKB has gained more than 28.9%, the third-largest weekly gainer among the top 100 cryptocurrencies by market capitalization.
Despite today’s tremendous gains, the coin is still down over 53% from its all-time high of $44.01 recorded in May 2021.
As per the company’s press release, OKX, the exchange behind the OKB token, has registered itself as a Digital Asset Business in the Bahamas, fueling the token’s appraisal.
The company has also opened an office in Nassau, the capital of the island country with plans to hire at least 100 people.
Where do ambitions of world dominance take #OKX next? 🤔
The Bahamas 🇧🇸
🥁OKX is proud to expand its global footprint by opening a regional hub in Nassau 🥁
— OKX (@okx) November 3, 2022
This is not the first time a crypto exchange has opened shop in the Bahamas. Sam Bankman-Fried’s FTX also moved its headquarters to the Bahamas last year.
Bahama’s clear regulatory stance on cryptocurrencies has been one of the key reasons for firms to set up operations in the Caribbean.
Thanks to the country’s Digital Assets and Registered Exchanges (DARE) bill launched in the late 2020s, companies can easily issue and sell digital tokens, which are scrutinized far more heavily by other regulatory authorities across the globe.
OKX has also been registered under the DARE act, according to the company’s press release.
Alabama securities regulators have seized more than $125,000 in crypto assets for two residents who fell victim to elaborate "pig butchering" scams that collectively cost them nearly $580,000. The Alabama Securities Commission recovered $53,227.81 for a Baldwin County resident who lost approximately $185,000, and $73,927.68 for an Etowah County victim who was defrauded of $395,000 in separate schemes that began on dating apps and messaging platforms earlier this year, as per a Friday statement....
Republican Party strategist Chris LaCivita, one of the architects of U.S. President Donald Trump’s winning presidential campaign in 2024, pointed to the two-term commander-in-chief’s embrace of cryptocurrencies as a lynchpin for his political comeback. Speaking at the Coinbase State of Crypto Summit in New York City on Thursday, LaCivita said targeting so-called crypto voters helped President Trump court a lot of supporters, particularly those belonging to voter blocs that have traditionally pr...
Tornado Cash co-founder Roman Storm issued one of his starkest rebukes yet of the Trump administration’s Department of Justice on Friday, arguing that if federal prosecutors prevail in the developer’s upcoming criminal trial, decentralized finance could be permanently destroyed. “The DOJ wants to bury DeFi, saying I should’ve controlled it, added KYC, [and] never built it,” Storm wrote. “SDNY is trying to crush me, blocking every expert witness.” “If I lose, DeFi dies with me,” the crypto devel...