Despite Huobi Token’s 24% Decline In Past Week, Whales And Sharks Continue To Buy
Data suggests Huobi Token whales and sharks have been accumulating recently despite HT’s 24% decline during the last week.
Huobi Token
Data suggests Huobi Token whales and sharks have been accumulating recently despite HT’s 24% decline during the last week.
Huobi Global has released an official statement stating that the company is considering plans to move its headquarters to the Caribbeans. The company had to fight off several rumors about…
Huobi Global, one of the top crypto derivatives markets in the world, is moving to the Caribbean. Common law systems and a “super-friendly” crypto stance make the Caribbean a more…
A representative of the company has reportedly already spoken with Roosevelt Skerrit, the prime minister of Dominica, as the two parties want to work together to improve the nation’s crypto…
Under marketing extraordinaire Sun’s leadership, a top 3 position awaits Huobi Justin Sun, Ambassador and Permanent Representative of Grenada to the WTO, announced his involvement with virtual assets exchange Huobi…
A spokesperson from Huobi Global says rumours of layoffs are “untrue” and the “senior management team is performing their duties as per normal.”
From $1 billion market cap last year, the total market cap of the HUSD stablecoin has dropped to $63 million this year.
After Huobi Global announced that it would be delisting the stablecoin HUSD and auto-converting customer balances 1:1 with USDT, the stablecoin fell to as low as $0.74.
Huobi’s native stablecoin, HUSD, has depegged from its $1 value The token is down 60% in the last 24 hours. Huobi’s native stablecoin HUSD has plunged to new lows.
Huobi has said that it will assist customers in exchanging HUSD for USDT.