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Bitcoin broke through $30000, indicating a bullish trend. However, the market is still in a transitional period and further development is needed to establish a sustained upward trend

Bitcoin (BTC) prices hovered around $26.000, within the recent intraday range prior to the Federal Reserve's important policy statement on Wednesday

Trading within the price range of $26000, some speculate whether the price of Bitcoin has bottomed out.The price of BTC has re-entered the $26000 range

Coincoin (BNB) is a cryptocurrency asset that can be exchanged for transaction fees on the Coincoin Exchange. It has grown by over 140% so far, deviating from the price trend of Bitcoin, which is not common in emerging cryptocurrency markets

Disclaimer: This article aims to convey more market information and does not constitute any investment advice. The article only represents the author's viewpoint and does not represent the official stance of Mars Finance.Editor: Remember to follow meSource: Blockchain OutlookOn February 17th, Coin Security announced the launch of a one-stop solution, Coin Security Cloud, which provides partners and customers with cutting-edge technology, security, as well as high depth and liquidity throughout the site, enabling them to launch independent digital asset trading platforms through this platform.The announcement points out that as part of the Coin On Open Platform Plan, Coin On Cloud aims to open up more channels into digital assets globally, by supporting its global partners and customers, integrating new financial infrastructure on blockchain technology-based open platforms through the core of platform solutions.It happened to be ten days since Zhao Changpeng, the founder of Coin An, first mentioned "open platform" in the new year. On February 7th, Zhao Changpeng proposed the concept of "open platform" in the first AMA of the New Year, stating that Coin An is transitioning from a centralized platform to an "open platform" and will evolve towards a decentralized platform in the future.Zhao Changpeng's statement is not surprising. On February 6th, Coin An announced the completion of the upgrade to the "Global Broker" project. This is also one of the services provided by the open platform of King'an, which supports the access of contract brokers and has been applied by hundreds of institutions around the world.If the previous goal of Coin An was to be strong enough, then at this time Coin An is standing in a higher sniper position, aiming to seek more partners, share resources, and promote the coordinated development of the entire industry.The ultimate beneficiary of all this may be BNB. As the core asset of the Coin An trading platform, BNB is widely circulated across various business lines and ranks among the top ten in market value, making it the undisputed "King of Platform Coins". Nowadays, with the comprehensive opening of Coin Security, the application scenarios of BNB will continue to enrich, and the space for value growth is worth looking forward to.1 Coin An 2019 TranscriptFrom centralization to openness, the path to advancement of Coin Security has never stopped.Last September, when reviewing the development of Coin An, He Yi, the co-founder of Coin An, stated that the Coin An one0 era was actually centered around coin trading or spot trading to cover the entire industry's upstream and downstream infrastructure construction process, while the Coin An two0 era was based on the extension of existing trading business upstream and downstream, including contracts, leverage, and other trading products and services other than spot trading.He Yi also gave a metaphor for this: "If the Coin On one0 era is a towering tree that grew with coin trading as its core, then the Coin On two0 era will be a forestLooking back at 2019, we saw the comprehensive expansion of the "forest" of Coin An:oneLeading IEO.At the beginning of 2019, Coin On was the first to launch the IEO model, marking the beginning of exchange led asset issuance, triggering numerous trading platforms to follow up and giving birth to a new round of small bull market. According to statistics, in 2019, a total of 11 tokens landed on Coin An LaunchPad, leading the IEO projects on numerous platforms.twoLaunch contracts, OTC and other businesses to connect the main upstream and downstream businesses of the exchange.According to CoinGecko data, the trading volume of Coin On contracts accounts for up to 80% of BitMex's trading volume, with a strong potential to catch up. At the same time, Coin Security Chain underwent four system upgrades last year, and Coin Security DEX has launched a total of 123 trading pairs.threeOpen BinanceUS.For the United States, one of the world's largest digital currency trading markets, BinanceUS has been established by Coin, continuously obtaining licenses in various states and providing services to American users. The daily trading volume exceeds 25 million US dollars, surpassing the local exchange Gemini, and is expected to catch up with the largest exchange in the United States, Coinbase, in the future.fourCapital expansion.In 2019, Coin An successively acquired options platform JEX, data analysis platform DappReview, and invested in dozens of companies such as derivative trading platform FTX, continuously enriching its products and business forms.Under the support of multiple businesses, the daily average trading volume of Coin An in 2019 exceeded the equivalent of 2.8 billion US dollars, with a global user base of over 15 million, covering over 180 countries and regions.Now, this transcript of King'an has just laid the foundation for the establishment of the open platform.2 Upgrade Global Broker ProjectWhat is open platform? Coin An has actually provided an explanation in the announcement.Specifically, the open platform is committed to creating efficient and reliable blockchain infrastructure facilities. Based on the technology precipitation in recent years, it integrates internal core resources such as research and development, asset management, liquidity, and product experience, and comprehensively empowers blockchain industry partners to comprehensively promote the development of the blockchain industry.The first step of the Coin Security Open Plan is to upgrade the global brokerage project.On February 6th, Coin An announced the upgrade of the "Global Broker" project to fully support contract broker access.According to public information, the project has been launched since September 2019, aiming to provide high liquidity, deep order matching system, and leading asset security management and marketing guidance for brokers accessing APIs on the Coin Security platform.By participating in this project, the broker has the opportunity to receive up to 60% of the coin security fee share, as well as a ten% bonus incentive for the broker's business income. As of now, over a hundred global institutions have applied to join.Coin An's goal clearly goes beyond this.In the latest announcement, the access mode of Qian'an to brokers has been upgraded again:Fully support the access of contract brokers, who will enjoy high commission sharing, as well as high liquidity and transaction depth of currency security contracts;Added support for APIKEY mode access, allowing spot and contract brokers to quickly access, reducing development barriers;Customers who become contract brokers will also enjoy more benefits, including a high proportion of contract fee sharing and high liquidity and transaction depth of Binance contracts. Customers who become contract brokers will also enjoy more benefits.On this basis, Coin Security brokers will recruit another 150 and eliminate brokerage nodes that do not meet the standards every quarter.The logic behind Coin An's move is actually clear:Mobilize the enthusiasm of mainstream global brokers to participate in the construction of the currency security trading ecosystem through resource sharing and benefit redistribution.It is foreseeable that more mainstream brokers will join in the future, sharing the high liquidity of the Coin Security trading platform, increasing the breadth and depth of transactions, and promoting the stable development of the global crypto asset trading market.3 Heavyweight Launch of Currency AnyunAfter the comprehensive upgrade of global brokerage projects, Coin An has accelerated the pace of opening up.Zhao Changpeng was the first to speak out.On February 7th, he proposed the concept of "open platform" in the first AMA of the New Year, indicating that Coin Security is transitioning from a centralized platform to an "open platform" and will evolve towards a decentralized platform in the future.Zhao Changpeng actually sends two signals:Firstly, the strategic focus of Coin An is no longer on its own strength, but on the prosperity of the entire ecosystem; Secondly, the open platform of King'an is about to launch King'an Cloud. However, he did not elaborate too much on Coin Anyun.tenDays later, the answer will be revealed.On February 17th, Coin Security announced the launch of a one-stop solution, Coin Security Cloud, which provides partners and customers with cutting-edge technology, security, as well as high depth and liquidity throughout the site, enabling them to launch independent digital asset trading platforms through this platform.In an interview with Bloomberg, Zhao Changpeng said, "In theory, we can have anyone in the world establish their own trading platform, and this demand is particularly huge because even in the winter of cryptocurrency in 2018 and 2019, hundreds of new trading platforms are born every dayIn fact, the launch of Coin On Cloud further expands the scope of Coin On's opening up.Zhao Changpeng stated that as part of the open platform plan of Coin An, Coin An Cloud aims to open up more channels to enter digital assets globally. By supporting its global partners and customers, the core of the platform solution is to integrate new financial infrastructure on an open platform based on blockchain technology.With this pioneering initiative, focusing on open access coin security technology and resources as an infrastructure provider, we aim to provide technical support to partners and platforms, alleviate their technical challenges, focus on users and local token channel services, and accelerate the process of global digital asset implementation and applicationCompared to other trading platforms, the openness of Coin An can be considered a big deal.For the industry, many market participants represented by Coin An complement each other's advantages and share resources, which can make the cake of the entire industry bigger. Many small and medium-sized players will also have more opportunities to participate, after all, it is good to enjoy the cool under the big tree.For Coin Security, with the gradual implementation of the opening-up plan, more high-quality resources worldwide will be incorporated into the Coin Security ecosystem, and Coin Security will also build a huge "blockchain ecosystem" from this, gradually realizing its long-term vision of becoming a builder of this ecological infrastructure.4 BNB will be the biggest beneficiaryCoin security needs to adopt an open path, which is a huge benefit for both Coin security itself and industry development. However, the biggest beneficiary behind this is actually BNB.Since its release in July 2017, BNB has been expanding its usage scenarios.At the beginning of its issuance, BNB was just a platform currency, and its value greatly depended on Binance's user activities and exchange revenue. To this day, BNB has become the core asset of the entire Binance ecosystem, deeply bound to various businesses of Coin An.Regarding the value of BNB, He Yi vividly introduced: "In the forest of (Coin An), no matter which tree, the ultimate core value will attach to BNB2019IEOBNBTopten

In recent months, there has been some positive momentum in the cryptocurrency world. With all the enthusiasm, cryptocurrency advocates are starting to get excited, especially on projects such as ShibaInu (SHIB)

Highlights of the storyBitcoin prices have fallen from $28000, sparking the possibility of triggering a new wave of bearish sentimentIf the upcoming trend turns bearish, it is expected to form a new low, which may further mark the low point of the 2022-23 bear marketThe cryptocurrency market is attempting to recover from the losses that occurred last weekend, which depleted nearly 10% of global market value. Bitcoin prices have recently reached a low near $27300, with a significant decrease in trading volume, indicating that bulls are still in the buying zone