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Huobi

BSV now trading in Japan for the first time ever on HuobiHuobi Japan has begun listing Bitcoin’s native asset, BSV, on its trading platform. It’s the first time BSV has gained a listing on one of the world’s most lucrative digital asset trading markets. Japan is the world’s third-largest economy, and the yen (JPY) is the world’s third-most traded fiat currency. The country’s share of the world’s (fiat) FX trading market has been estimated at around 4.5%. FTX interim CEO Sam Bankman-Fried recently suggested Japan’s digital asset trading market could be worth US$1 trillion. Both Huobi’s announcement and Bankman-Fried’s prediction are a few weeks old now, and Huobi’s BSV launch is landing smack in the middle of one of the digital asset industry’s worst price crashes. Bitcoin fans probably could have wished for this historic event to have happened at a more favorable time for the trading markets—and the global economy in general. However, just yesterday, BSV bucked the overall market trend by rising 10% as most others fell, possibly due to traders anticipating a growth opportunity. (For the record, Bankman-Fried remains bullish about the market and has promised to expand his businesses rather than downsizing as other large names like Coinbase have done.) Japan has been generally permissive of digital assets and the development of blockchain technology over the years. However, this has come with heavy regulation of exchange platforms and the assets they are allowed to list. These regulations have limited Japan-based digital asset trading to an exclusive range of coins and tokens that often reflected sentiments at the time the rules were made in preferences of industry groups like Ethereum Classic, BCH, and Japan’s own Monacoin. Until this year, it did not include BSV. Now that it does, and a large exchange has begun trading it, any visible demand for BSV could see other Japanese exchanges follow suit. Gaining regulatory acceptance from Japan’s Financial Services Agency (FSA) and an exchange listing was the result of the BSV Blockchain Association’s consultation and lobbying. The Association’s General Counsel and Chief of Staff, Marcin Zarakowski, has said the current introduction of SPV standards to BSV will help overcome any concerns regarding transaction security. Previously, the sheer volume of transactions on the BSV network had made some exchanges hesitant to support the asset.
BLong
by Kenneth4333333
HT/USD - Huobi Token at Key Support. Can it bounce?After some time, Huobi Token has arrived at the $5 key support. If it holds here then a possible relief rally is likely, but this depends, very much, on where BTC goes next. A break below this level would be pretty bad, particularly if HT closes a weekly candle under $5. If that happens, the price will go towards $3 next. The indicators on higher timeframes are bearish, but the chart starts to look a bit oversold. The daily RSI is giving a clear bullish divergence, so this level is critical to hold to confirm the possibility of a relief rally. My bias is a bit bearish on this price action, but if the key support holds, then I will become more optimistic. Like and follow if you liked my idea!
H
by DU09
1
Flocking to FLOKI/USDTFLOKI/USDT 🟢entry: $0.00002467- $0.00002267 ❌stoploss: $0.00001749 🎯tp1: $0.00004066- $0.00004291 🎯tp2: to be determined as price action develops after listing 🔼potential %profit: +76.51% 🔽potential %loss: -26.11% r/r: 2.93 🐹Bybit is currently holding a public vote to determine which of 5 coins will be listed on their exchange next. 🐹Based on early polling and social media sentiment, it appears highly probable that FLOKI will win the listing. 🐹Additionally, the FLOKI market on Huobi is showing significant increased and sustained trading volumes through the month of April, indicating large scale accumulation. 🐹Based on this information, I am entering an event-driven long trade in FLOKI. 🐹This a not a type of trade that I take frequently, so I am going to buy this coin on spot and use a wider stop-loss and take-profit. I consider this trade to be riskier than average. 🐹Price is right at a previous demand zone, so I am entering at/near market and up to 10% below market price. 🐹I will take-profit on half the position at the identified previous resistance zone. 🐹Stop-loss is arbitrary and solely based on my particular risk tolerance for this trade. check back for updates as the position progresses. feedback and constructive criticism is always appreciated. ✌️all good luck and always practice strict risk management!
Long
by TylerPhilip
Huobi Token is in good consolidationHi Friends, As we can see in Weekly Timeframe chart Huobi Token ( HUOBI:HTUSDT ) is in good consolidation I think it is accumulating. Most of the time such long consolidation will give a breakout towards the upside. Huobi Token ( HUOBI:HTUSDT ) is the native token of the cryptocurrency exchange Huobi Global. It is a decentralized digital asset based on the Ethereum blockchain and is ERC-20 compliant. Huobi Token was first launched in January 2018. So it has been some time since it launched. Old crypto projects have high trust. Remember this is weekly TF trade so you have to HODL Huobi Token for weeks if not months. Also, don't forget to manage your risk as the crypto market is highly volatile in nature. Share your opinion in the comment section.
HLong
by NaveenDsouza
1
WAR WeStarter beginning of a BreakoutWAR WeStarter is a cross-chain token initial swap platform which selects high-quality crypto projects that need fundraising before listing to major exchanges. The first financing was completed on April 15th, and the participated investment institutions include Continue Capital, SevenX Ventures, NGC Ventures, AU21 Capital, Spark Digital Capital, LD Capital, Power Law Capital, Kyros Ventures, DoraHacks Ventures, SkyVentures, DEFI TIMES CAPITAL and others. It was launched in May 2021 at $2. Due to market conditions, the price is now around $0.078 and the market cap is around $1 million. A similar incubator is SFUND Seedify, has a mk cap of $152Mil. The upside potential is 152X from here just to reach SFUND`s market cap. Extremely low circulating supply. Minimum upside potential is 10X in my opinion.
WLong
by TopgOptions
WAR WeStarter crypto incubator at All Time LowWAR WeStarter is a cross-chain token initial swap platform which selects high-quality crypto projects that need fundraising before listing to major exchanges. It was launched in May 2021 at $2. Due to market conditions, the price is now around $0.070 and the market cap is $1 million. The first financing was completed on April 15th, and the participated investment institutions include Continue Capital, SevenX Ventures, NGC Ventures, AU21 Capital, Spark Digital Capital, LD Capital, Power Law Capital, Kyros Ventures, DoraHacks Ventures, SkyVentures, DEFI TIMES CAPITAL and others. A similar incubator is SFUND Seedify, has a mk cap of $147Mil. The upside potential is 147X from here just to reach SFUND`s market cap. Extremely low circulating supply. Minimum upside potential is 10X in my opinion.
WLong
by TopgOptions
Huobi token in the last months of the bear marketThe Huobi token against the dollar, in my opinion, is at the end of the bear market stage, and this is due to the expansionary policy of the US Federal Reserve and the contractionary policy of the Huobi token. also, the heikin ashi candles on the monthly level show weakness in the downtrend in my opinuon the new bottum for huobi token will not be less than 7.20 I am not a financial expert and I do not understand economics or investment matters this is not a financial recommendation
HLong
by nedal1
2
Huobi Token is Ready to $50 Club mean 500% from here#HT/USDT TA Update:- $HT currently trading around $9.75 And forming Strong Bull flag in Weekly chart. If any Weekly candle close above $11 that’s will be Perfect entry. I am also Accumulating some $HT here. Strong support is $8 Above $8 is Bullish scenario for HT. So IMO $8-10 is Good entry for accumulate in Spot. Targets:- $15/$31/$56 Stop Loss:- If any weekly candle close below $8 then I will exit from this Trade. Support:- $8/$5 Resistance:- $15/$31/$56 Please click like button and Appreciate my Hardwork. Must follow me for latest crypto real time updates. Thank you.
HLong
by CryptoPatel
2
DOGECOIN Next Target could be $2.5 mean 1300% from here ..?#dogecoin Bullish Chart: #doge now trading in Bullish Pennant. Very big time to trade in this zone. Need to breakout this bullish pennant. Breakout Point = $0.242 Break down Point = $0.160 So let's watch And if break upward $0.242 then #Doge will skyrocket. and I am Sure If breakout above this level that time everyone will talk about $Doge even Elon must will be tweeting about Dogecoin. But IMO #DOGE 1st Target is $1 and 2nd Target is $2.5 mean 13x from here. But Most important for this Target #dogeusdt Need to hold Above $0.160 This is my own Chart analysis, not Financial Advice.
Long
by CryptoPatel
15