Huobi a Loser in China Crackdown, Bitcoin Futures Market Suggests — CoinDesk

Huobi a Loser in China Crackdown, Bitcoin Futures Market Suggests — CoinDesk

Arcane Research, a Norwegian cryptocurrency-analysis firm, wrote Tuesday in a weekly report that the Huobi futures contract had previously been one of the most important for bitcoin’s price discovery. “So these developments will present some interesting structural changes in the market onwards,” according to the report.

Originally Posted on: https://www.coindesk.com/markets/2021/10/06/huobi-a-loser-in-china-crackdown-bitcoin-futures-market-suggests/
By: Lyllah Ledesma

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