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Bitcoin Futures Market Suggests Huobi a Loser in China Crackdown

Bitcoin’s move to $50,000 has revived bullish sentiment, lifting futures premiums on most major cryptocurrency exchanges, which are often seen as a gauge of speculative interest. Though on the Huobi exchange, historically skewed toward Chinese customers, the premium hasn’t budged, potentially due to its decision to suspend services to China-based clients.

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Huobi-Branded HUSD Reveals Breakdown of Reserves: All Held in Cash

The reserves backing Huobi’s HUSD, the eighth-largest stablecoin by market cap, are revealed to be all held in cash in money market accounts in the U.S. This comes as stablecoin issuers have followed each other in increasing transparency.

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Huobi Shuts Down Beijing Entity Amid China's Crypto Crackdown

As Chinese authorities crack down on local mining operations, other crypto fields appear to be impacted, including exchanges and media platforms, which could be driving massive selloffs in Chinese tech stocks. Huobi is the latest crypto exchange to be hit, dissolving its Beijing entity on July 22 and deregistering in 45 days. Why is China tightening the reins on crypto and Big Tech? "It's all about control here," host Naomi Brockwell said.

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Huobi Deregisters Beijing Entity; K-Drama Takes Crypto Back in Time

Huobi applies to deregister its Beijing entity in China. Facebook in hiring mode for its Novi digital wallet project in the Philippines. K-drama gets set to take crypto back in time. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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Crypto’s East-West Divide: How Some Companies Are Bridging the Gap

China-based cryptocurrency exchange Huobi is set to launch a new U.S. affiliate in July. Meanwhile, American crypto exchange Coinbase goes east as it registers with Japan’s Financial Watchdog to offer crypto services in the country.

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Mercati

Китайские интернет-сервисы подвергают цензуре ключевые слова, связанные с Binance, Huobi и OKEx

Этот шаг был предпринят на фоне усиления давления властей материкового Китая на майнинг и торговлю Криптo .

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China's Warning to Miners Sends a Chill Across the Crypto Markets

Beijing's warning to miners is being blamed for bitcoin's tumble back down to $32K. The Asian crypto markets are spooked. The crypto exchange and mining operation Huobi says it will suspend new accounts in China and scale back its mining operations. Angie Lau of Forkast News joins "First Mover" to update the state of crypto in Asia.

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Politiche

Huobi Asset Management привлекла $50 млн для Криптo фондов «Tracker»

Четыре фонда будут покупать Bitcoin, эфиры и акции Криптo или майнинговых компаний.

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Will More Institutional Exchanges Follow on Huobi's Heels?

Institutional investors have poured into the crypto space, but will this trend continue? "All About Bitcoin's" panelists discuss Huobi's launching of a bitcoin fund in Hong Kong. "Whatever happens, we're going to continue to see innovation in markets outside the U.S.," said CoinDesk's Galen Moore. Plus, a look at Gary Gensler's confirmation hearings and the latest on the Taproot project.

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Mercati

Цена биткоина не изменилась, несмотря на то, что китайские биржи ввели дополнительные комиссии

Цены на Bitcoin сегодня практически не изменились и колеблются около 900 долларов, несмотря на новые торговые комиссии на трех крупнейших биржах.

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