Launched in November, Huobi’s crypto derivatives market is growing at a rapid pace. Fifteen days ago they revealed they had hit $10 billion in total volume, and today they announced they’ve seen $20 billion.
Following a period of sustained bearish sentiment in the Bitcoin mining market accompanied by three notable hashrate reductions in the final third of 2018, the flagship cryptocurrency’s network appears to be back on its way to optimum health.
Avalon Advisors Chief Investment Officer Bill Stone believes that 2019 will be a record year for the stock market despite the December crash and subsequent sluggishness that has seen many investors adjust their outlook for the year ahead.
Huobi’s Crypto Derivatives Market Has Already Passed $20 Billion in Trades
What Death Spiral? Bitcoin’s Hashrate is Still Climbing
Will the S&P 500 Crack 3,000 in 2019? Avalon Says Yes