huobi

Huobi Will Now Take Your Bitcoins as Stock Trading Collateral

Huobi has launched a service allowing users to mortgage their bitcoins in return for Chinese yuan (CNY) loans to purchase real shares on the Shanghai Stock Exchange.The platform, Caimao, allows investors disappointed with the recent slump in bitcoin price to put that value to use in an asset class that has grown 125% in the past year.Customers will use the Caimao […]

BTC/USD Technical Analysis – 10th April 2014 – Digital Currency …

Bitcoin falls to 400 following multiple pieces of bad press worldwide, including but not limited to: – Huobi, one of the world’s largest bitcoin exchanges, announcing they’ve received notice from their bank, ICBC, that they will be closing Huobi’s account next week. – BTCTrade, another Chinese bitcoin exchange announcing likewise. – The National Australia Bank is to dissolve any […]