- OKX partnered with Intercontinental Exchange to introduce Brent Crude and WTI-backed perpetual futures contracts.
- The OKB price lies just 6.3% away from challenging a key resistance level at $89.43.
- The coin price current positioned below the key exponential moving average of 100 and 200 indicate the broader market sentiment is bearish towards this asset.
OKB, the native cryptocurrency of OKX exchange, is up 3.4% during Friday’s U.S. market hours to currently trade at $83.7. The primary catalyst behind this surge is the partnership announcement between OKX and Intercontinental Exchange (ICE) to launch perpetual futures based on ICE’s Brent Crude and WTI Crude energy benchmarks. The collaboration would deepen TradFi-crypto integration in energy markets while also trigger some positive spillover on OKB price.
OKX Joins ICE to Launch Regulated Oil Perpetual Futures
OKX and Intercontinental Exchange have agreed...
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