Huobi news

Established in 2013, Hong Kong. No. of pairs - 250. Fiat - no. Centralized exchange. KYC & Restrictions - yes.

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Huobi Honors Bitcoin Pizza Day by Selling Bitcoin 50% off Market Price & Prime 3 Launch

The post Huobi Honors Bitcoin Pizza Day by Selling Bitcoin 50% off Market Price & Prime 3 Launch written by Wieke Beenen appeared first on Blockchain News - Security and Utility Tokens, Tokenomics, Cryptoeconomics Huobi Global, the world’s leading Blockchain company, will honor Bitcoin Pizza Day on May 22 with a range of initiatives, including the launch of Reserve Protocol’s Reserve Rights Token (RSR) through their premium coin launch platform Huobi Prime. They will also be hosting a special sale of Bitcoin featuring prices discounted up to 50% off […] The post Huobi Honors Bitcoin Pizza Day by Selling Bitcoin 50% off Market Price & Prime 3 Launch written by Wieke Beenen appeared first on Blockchain News - Security and Utility Tokens, Tokenomics, Cryptoeconomics
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Huobi Launches Fiat and Crypto OTC Service Trading in Gibraltar

Huobi Group, the parent company of Huobi cryptocurrency exchange has launched a fully regulated crypto-to-crypto and fiat-to-crypto over-the-counter (OTC) trading desk in Gibraltar, specifically for institutional investors and high-volume traders, according to a blog post on May 15, 2019. Huobi making life Easier for Institutional Investors As stated in its blog post, in a bidRead MoreRead More. The post by Ogwu Osaemezu Emmanuel appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\
BTC Manager

Huobi Introduces New, Fully Regulated Over-the-Counter (OTC) Trading Desk for Larger Investors

One of the largest cryptocurrency exchanges in the world, Huobi, has just announced the launch of an over-the-counter (OTC) trading desk which will be a fully regulated service for institutional investors and high net clients. The Huobi OTC Desk will support both crypto-to-crypto and fiat-to-crypto transactions. The fiat currencies to be fully supported include the […]
Bitcoin Exchange Guide

Huobi Launches OTC Desk for Institutional Investors

Huobi Launches OTC Desk for Institutional Investors Major global crypto exchange Huobi has launched a regulated over-the-counter (OTC) trading desk for institutional investors, according to a blog post on May 15. The new OTC crypto trading platform, Huobi OTC Desk, is fully regulated by the Gibraltar Financial Services Commission (FSC), and enables major fiat-to-crypto and crypto-to-crypto […] Cet article Huobi Launches OTC Desk for Institutional Investors est apparu en premier sur Bitcoin Central.
Bitcoin Central

Huobi Announces the Lauch of Its Fully Regulated OTC Desk

Coinspeaker Huobi Announces the Lauch of Its Fully Regulated OTC DeskHuobi Group has officially announced the launch of Huobi OTC Desk. It’s a fully regulated service which is built on Huobi’s Gibraltar FSC-issued Distributed Ledger Technology (DLT) license. The OTC desk is separate from the peer-to-peer OTC Huobi platform and is targeted at high net worth individuals, high volume crypto traders and institutional investors. To have an opportunity to use the desk you need to meet the requirement related to the minimum size of holdings which should be US$100,000 or equivalent. Via the new service, its users will have a possibility to conduct both crypto-to-crypto and fiat-to-crypto transactions. It supports transactions those made in US dollars (USD), British pound sterling (GBP), and euros (EUR) made for Bitcoin (BTC), Ethereum (ETH), and a range of other cryptocurrencies.Speaking about their new platform, Jeff Adams, Senior Sales Manager for Huobi Global, said: “We see a lot of appetite out there from players in more established financial markets when it comes to digital assets but many are still uncomfortable jumping into unregulated trading environments.” “We also see an unfilled need for services aimed at those looking to make large volume transactions. Huobi OTC Desk is a big step forward to filling both of those needs,” added he. The launch of Huobi OTC Desk will help Huobi to make a significant step towards becoming a full-service market facilitator in the sphere if crypto asset trading. For many years, OTC used to be a key choice for investors and traders in the traditional finance world. And now such services boast popularity among professional, institutional, and high net worth clients in the crypto industry. The main peculiarity and advantage of Huobi OTC Desk is the fact that it’s a service that is provided by Huobi Gibraltar. And in its turn, Huobi Gibraltar is known to be one of the first entities being granted with a license under Gibraltar’s purpose-built DLT regulatory framework. The announcement was made on May 14 in the framework of the “Breakfast with Huobi” meetup held in New York City. The executives from Huobi Group also shared some other updates and future plans for the development of their ecosystem. It has also become known that the company’s stablecoin HUSD that is pegged to US$1 and backed by a market basket of other stablecoins is being upgraded to HUSD 3.0. As a result, it is expected that a number of new features including futures trading and lending will become available. What Other Exchanges Offer Though the launch of its own OTC Desk is a milestone for Huobi, it’s important to note that the company is not a pioneer in this sphere. A number of other major crypto exchanges have already introduced similar services to its users. Among them, we can mention Coinbase, Bittrex, Coincheck and Bithumb. Huobi Announces the Lauch of Its Fully Regulated OTC Desk
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DIGEST

Bitfinex introduces a new system, BTCC launches in South Korea, the Bitcoin Unlimited upgrades features, the Maldives denies giving permits, IAMAI attracts big players, Huobi lists stablecoins, Binance opens in Uganda

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DIGEST

High hopes: big plans of large players

A bolivar-to-petro exchange app from Venezuela, the Chinese mining companies go public, more reflections on Bitcoin, Zuckerberg's sister at Huobi, VeChain to partner with BMW and Renault, and one more state-backed currency

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DIGEST

Crypto-philanthropy: the boom of charity funds

FBI has 130 crypto cases, Sacramento Kings mine ETH, Node Capital launches a US branch with 200,000 ETH, Huobi suspend services for Japan, Dan Larimer proposes new EOS constitution, Coinbase CEO creates GiveCrypto charity

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Twitter Spoof: BitConnect 2.0 to Return in July; BCC Token to Rise from the Crypto Graveyard?

Bitcoinnect is known for its high yield investment platform Bitconnect.co. The company had a cryptocurrency Bitconnect Coin (BCC) which investors bought with Bitcoin to gain a 0,25% daily interest. The company also has a lending platform and exchange which closed due to warnings from Texas and North Carolina authorities. Some unknown person is however working […]
Bitcoin Exchange Guide

MakerDAO Token Holders Vote on Whether to Lower DAI Stability Fee by 2%

MakerDAO Token Holders Vote on Whether to Lower DAI Stability Fee by 2% A vote about whether to decrease the so-called stability fee for MakerDAO’s ethereum blockchain-baseddecentralized stablecoin DAI has started. The vote was announced on the organization’s blog on May 17. If approved, the latest proposal would decrease the stability fee by 2% to […] Cet article MakerDAO Token Holders Vote on Whether to Lower DAI Stability Fee by 2% est apparu en premier sur Bitcoin Central.
Bitcoin Central

Crypto-Market Top Weekly Performers: Bitcoin, Ethereum, XRP, Stellar, Tezos, Binance

Bitcoin bulls have turned out to be more relentless than the most have predicted from its historic prices. However, the fundamentals around Bitcoin [BTC] seem to be stronger than ever with the Bitcoin virus apparently spreading to the east now. Mati Greenspan, the senior market analyst at eToro tweeted, “BTC on the move again… Asian market certainly doing their bit today.” This is coming after a huge pullback on 17th May 2019. A Bullish Marubuzo with was seen in the 0: 00-4: 00 Hours UTC on 19th May as the market broke above $8000 again. This the second time the market has attempted to break it after a huge correction. BTC/USD 1-Day Chart on Bitstamp (TradingView) The other four performing coins Opening Price: $6968 Closing Price: $8109 The weekly gains: 11% Weekly High/Low: $8390/$6178 Binance [BNB] Coin Binance [BNB] coin was trading in the red in the last week’s update trading around $20. Nevertheless, the token started picking up value again as normal operations began at Binance Exchange after the hack. This week Binance also initiated the process of burning token from the Ethereum blockchain to process them on the native Binance Blockchain. BNB/USD 1-Day Chart on TradingView Opening Price: $20 Closing Price: $29.5 The weekly gains: 40.6% Weekly High/Low: $32.2/$19.9 Stellar [XLM] Stellar’s rise was higher than most coins during the week as it held gained 35% on a weekly scale. The Stellar validators were reportedly shut down for two hours on 15th May 2019. As Bitcoin continued to correct and rise, Stellar held it gains above 0.00001750 BTC. XLM/USD 1-Day Chart on Bitfinex (TradingView) Opening Price: $0.10 Closing Price: $0.14 The weekly gains: 46% Weekly High/Low: $0.16/$0.117 Ethereum [ETH] Ethereum has been the top performer in leading altcoin gains in terms of total market capitalization. The total market capitalization of Ethereum is above $25 billion. It still accounts for more than 10% of the total capitalization of cryptocurrency markets. Also Read: Ripple’s XRP and Ethereum Fight for 2nd Place Behind Bitcoin In The Wake of a Bull Run ETH/USD 1-Day Chat on Coinbase (TradingView) Opening Price: $188 Closing Price: $259 The weekly gains: 38% Weekly High/Low: $281/$185 Tezos [XTZ] Tezos [XTZ] has been one of the best performing coins of the year. It has gained more than 100% before the bull run on Bitcoin began. The gain was influenced by the Coinbase allowing Tezos [XTZ] as the first coin which could be staked/forged on the Coinbase Custody platform. It was on the rise again this week as the market seems to have broken bullish since the beginning of the month. It broke above $1.75 as it set sights on to $2. XTZ/USD 1-Day Chart on Bitfinex (TradingView) Opening Price: $1 Closing Price: $194 The weekly gains: 25.4% Weekly High/Low: $207/$157   XRP, Dash, IOTA, and Cosmos [ATOM] The almost all altcoins were in the green on a weekly scale. While the above-mentioned cryptocurrencies rose higher than the rest, XRP, Dash, IOTA, and Cosmo [ATOM] also registered more than 20% gains. The gain in XRP was considerable as it broke above the $18 billion market capitalization. Moreover, the weekly rise is about 25%. The dominance of XRP over cryptocurrency market is about 7%. The rise of Dash, IOTA, and ATOM is 21%, 31% and 23$ respectively on a weekly scale. XRP/USD 1-Day Chart on Bitstamp (TradingView) *The percentage dominance of cryptocurrencies w.r.t. to the total market capitalization of the market at $0.5 billion is 0.23%. Hence, for Analysis purpose we will only consider cryptocurrencies with a total market capitalization $0.5 billion or more. For future analysis, we’ll try to maintain 0.25% as a standard for the calculation. **The data is taken at around 11: 00 Hours UTC on 19th May 2019.  The post Crypto-Market Top Weekly Performers: Bitcoin, Ethereum, XRP, Stellar, Tezos, Binance appeared first on Coingape.
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