Altcoin News by Thebittimes.Com

Huobi, backed by Tron founder Justin Sun, plans to convert its native token to the HTX token. According to an official announcement, HTX stated that conversion from HT to HTX will commence on Jan. 22, 2024, while deposits for the new token are available from Jan. 20. Also, peer-to-peer (P2P) trading services for HTX will launch on Feb. 2, 2024, at 5:00 (UTC), while the token will be listed for spot trading on the same date and time, with withdrawals commencing the next day, Feb. 3, 2024. You might also like: Justin Sun backed crypto exchange unveils new DAO with HTX token used for governing The crypto exchange further announced that HTX users will enjoy a 5% discount and a 25% reduction on futures and spot trading fees respectively. This incentive could serve as a way to attract more holders and boost trading volume for the platform. Other benefits associated with the current HT token are expected to move to HTX.  Meanwhile, users have until Jan. 20, 2025 to co...

The move came as crypto exchange OKX listed BONE after conducting a special voting event to find favorite meme coins followed by the crypto community. BONE and AIDOGE received more voting among the five meme coins selected for voting. advertisement Huobi Listed Shiba Inu’s Bone ShibaSwap (BONE) Token In an official announcement on April 25, Huobi Global revealed that it is listing Bone ShibaSwap (BONE), which is the Shibarium Layer-2 blockchain’s only gas fees token. The exchange will list BONE on April 25, with deposits opening from 06:30 UTC onwards. The BONE/USDT spot trading pair will open for trading as the deposit volume meets the market demand. Furthermore, users can withdraw their BONE tokens from 08:00 UTC on April 26. The exchange also took to Twitter to announce the listing of the BONE token and trading going live on the same day itself. Huobi has faced low trading volume despite several efforts by Justin Sun. The exchange is even listi...

The United States and Vietnam score the best on "crypto maturity" in 2022, a new report determines. Bitcoin (BTC) and crypto are only used by 13.7% of Americans, but they generate more exchange volume than anyone else. The latest data compiled by exchange Huobi confirms that in 2022, the United States is the most “mature” crypto market. U.S., Vietnam lead the way on crypto Despite the heavy drawdowns in price for Bitcoin and altcoins this year, interest throughout the world remains “extremely active,” and the leaders may come as a surprise. In its latest annual report, Huobi Research, an affiliate of Huobi Global, revealed that the U.S. accounts for 9.2% of global centralized exchange (CEX) volume. When it comes to DeFi, the figure is even higher — 31.8% of global volumes. At the same time, the percentage of the population using crypto is not as high as in some other jurisdictions. 13.7% of Americans use crypto, the report said, compared to 20.3% Vietnam, the leader out of t...

Volatility has been the theme of the crypto market this month. Thanks to the downfall of the FTX empire, all hopes for “Moonvember” was shattered. While several assets including Bitcoin [BTC] witnessed a huge slump, a few others managed to thrive even during these difficult periods. Throughout this week, the coveted top 10 barely amassed any gains. While the FTX contagion persists, here are the top three assets that were pocketing double-digit profits this week. 1. Huobi Token [HT] Exchange tokens weren’t doing so well following the downfall of FTX. However, Huobi ’s native asset HT was seen changing this narrative. Earlier today, rumors about Huobi merging with Justin Sun’s Poloniex crypto exchange began surfacing. Following this, the price of HT has been on the rise. At press time, the asset was trading for $5.78 with a 10 percent daily surge. Over the last seven days, HT managed to pocket 23.96 percent gains. The crypto currency hit a high o...