Taghuobi

Parabolic Bitcoin Price Smashes $13,000: The Money Behind Bitcoin's 'Explosive' Run

Bitcoin, bitcoin price

The bitcoin price roared to a new 2019 high in the early hours of Wednesday, briefly touching $13,000 on the Huobi exchange. Bitcoin is now at levels not seen since January 2018 with a market capitalization of $224.7 billion. But where is the money coming from? Data from CoinLib reveals that BTC’s latest rally is not driven by new investor money. Instead, existing crypto traders are simply moving...

Dogecoin Hits the Big Leagues: Elon Musk’s Favorite Cryptocurrency Now Listed by Huobi

Veteran exchange Huobi announced today that it would be listing three pairs for Dogecoin: DOGE/BTC, DOGE/ETH, and DOGE/USDT. When Moon? Dogecoin recently experienced a significant pump but has corrected on its BTC peg in the interim. The limitless supply cryptocurrency created by Jackson Palmer in 2014 has historically ranged between 50 and 100 Satoshis per coin, sometimes reaching as high as 2...

Huobi Prime Offers Cryptocurrency Investors a New Way to Trade

Huobi, cryptocurrency

Tuesday, March 26 will see customers of the cryptocurrency exchange Huobi experience a whole new way of getting their fingers around cryptocurrencies. Known as Huobi Prime, the system is a coin-launch platform that ensures all currencies purchased by Huobi users are immediately deposited into their accounts and tradable against the Huobi Token (HT) with minimal delays, according to a company...

Bitcoin Bears Maul Another Victim: Crypto Exchange Coinsquare Lays off a Third of Employees

It has already been a tough few months for the crypto industry and nobody is feeling that more than crypto-related employees who have been dropping like flies in recent weeks. Canadian based cryptocurrency exchange Coinsquare is the next crypto firm to lay off workers as the market goes through difficult times. Coinsquare has reportedly laid off 40 employees, which equates to approximately a...

Bitcoin Exchange Giant Huobi Might ‘Struggle to Survive’ Bear Market

global war on bitcoin

By CCN.com: Throughout 2018, cryptocurrency exchanges posted record profits, raking in hundreds of millions of dollars in trading fees even as the bitcoin price plunged as much as 80 percent from its all-time high. However, as the crypto bear market extends into 2019, cracks are beginning to form in the hull of this once-impervious industry as well. How the Bitcoin Bear Market is Putting the...

Huobi's Crypto Derivatives Market Has Already Passed $20 Billion in Trades

huobi crypto derivatives

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. In a note provided first to CCN, Huobi describes the timeline of the Derivatives Market in this way: November 21: Huobi DM launches in beta mode with BTC contract trading December 5: Huobi DM...

Facelift: Crypto Exchange HBUS Licenses 'Huobi' Brand

huobi bitcoin exchange crypto hbus

HBUS, which has been the exclusive US partner of giant Chinese crypto exchange Huobi, will now be called by the same name. The rebranding includes a change in domain names for both companies. Huobi’s global platform will move to hbg.com, while HBUS will use Huobi.com. This change will probably throw people off for some time. US Crypto Exchange Announces 'Huobi' Rebrand Nothing actually changes in...

Huobi to Launch EOS Exchange and Add EOS to Huobi DM

Huobi Pool will launch a dedicated EOS exchange early in 2019 allowing users to trade EOS against “a number” of yet to be revealed cryptocurrencies. The cryptocurrency mining arm of Huobi Group, Huobi Pool, is already an EOS supernode and works closely with EOS. Other collaborative projects include the Crypto Kylin Testnet, an EOS test chain for developing EOS projects. Huobi Pool has also...

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