Crypto Exchange Huobi Restricts Derivatives Leverage Trading to Less Than 5x in China

Crypto Exchange Huobi Restricts Derivatives Leverage Trading to Less Than 5x in China

“With China’s recent crackdown on crypto trading, crypto exchange Huobi is introducing further restrictions on its platforms. In an exclusive revelation, Chinese crypto journalist Colin Wu reported that now restricted leverage margin to less than 5x for its existing Chinese users. This is a massive drop down considering that the previous leverage margin was 125x.
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Source: Coingape

Hedge or no hedge: investors’ debate over Bitcoin and gold continues

“As the American economy grapples with labor and supply shortages, the country’s central bank declared that “the risks of higher inflation have moved up.” And once again, the question of cryptocurrencies such as Bitcoin providing investors with a hedge against rising inflation is up for debate. Speaking at a recent