Crypto markets remain buoyant; Bitcoin Cash and Litecoin ripping it at the moment, Dogecoin gets a new listing. The major pullback that was expected after such a huge rally has not materialized just yet. Crypto markets are still holding gains made this week and a couple of higher cap altcoins are pushing even further. Total…
Cryptocurrency exchanges like Coinbase and others drive their revenue through the fees users are charged for the trades or purchases they make. However, a new user survey being circulated by Coinbase appears to hint at the cryptocurrency powerhouse exploring new fee models, including a subscription model. Coinbase Survey Polls Users on Potential Subscription Model Companies…
Ethereum is not having the greatest start to 2020. Prices are dumping again from levels which are already at rock bottom as more ETH gets liquidated on exchanges.Ethereum Keeps DumpingSince New Year’s day ETH has dumped over 5% and the rout has continued for the third day of the month. Support at $130 has turned…
While 2018 has undoubtedly slowed the crypto industry’s progress, a number of startups have forged ahead in their development efforts. And just weeks after Binance released a sneak peek of its in-house blockchain, which is currently centered around a low fee, near-instant, and scalable decentralized exchange, so has Huobi. Related Reading: Zhao: Binance Chain to Be Ready in “Months,”…
In a recent development, Justin Sun, founder of popular blockchain Tron, has urged people to disregard speculations that the crypto exchange Huobi is facing severe challenges following news of the alleged detention of some of the platform’s officials. The rumors appear to be a major contributing factor to why the firm experienced multi-million withdrawals during…
Huobi has had its ups and downs, just like every other entity in the crypto space. Not surprising. Before the Chinese 2021 ban on cryptocurrency transactions, the COO of the company, Robin Zhu, came under investigation in China for unspecified reasons. The exchange announced it had lost 920 BTC and 8,100 LTC in a Weibo…
The bear market deepens as negative news and FUD keep popping up. The latest on the list of fear-causing information is Justin Sun’s USDD stablecoin and popular crypto exchange Huobi. Mike Alfred, an investor serving as a board member of BTC miner Iris Energy and digital asset investment platform Eaglebrook Advisors, earlier today voiced out…
The PlusToken scam of 2019 helped fuel Bitcoin’s parabolic rise to $14,000 in mid-2019, before the scammers began dumping stolen Bitcoin into the market through the crypto exchange Huobi.New data that shows the growth of cryptocurrency wallets across the most popular cryptocurrency exchange from January 2019 on, shows just how large the impact that PlusToken…
Huobi Group, the operators of one of the world’s largest crypto asset trading venues, has announced that it will launch a digital currency exchange in Argentina. The new platform is expected to go live in mid-October. Huobi is moving into Argentina as that nation’s economy once again teeters on the edge of collapse. The government…
Amidst the FTX drama, it is still not clear what contagion effects the collapse of the world’s second largest crypto exchange will have on the industry as a whole. In addition to numerous hedge funds that have already spoken out about their exposure to FTX and Alameda, several exchanges are currently in the spotlight. The…