Huobi Token (HT) Crypto News Today

Securities Commission Malaysia has ordered Huobi Global to stop all activity after failing to register to operate in the country.

The company confirmed that it has already broken all the ties with Huobi Korea, its former subsidiary in South Korea.

Canceled bonuses, pay disputes, massive layoffs and a communication blackout has been claimed as part of the goings-on at the crypto exchange.

Bitcoin price continues to trade within a tight range, setting up possible short-term breakout for MATIC, HT, QNT and OKB.

HT price makes further gains as Huobi Global opens SEAN spot trading, but the rally might be short-lived as technicals flip bearish.

Huobi co-founder Leon Li reportedly informed about his decision to other backers of the company in a July shareholders meeting.

Increased trading volumes, innovative products and strong DeFi integration have helped BNB, HT, FTT and OKB soar in February.

Several altcoins are likely to rally if Bitcoin can resume its up move this week.

Most top performers have reached their resistance levels and may consolidate or correct over the next week.

Most top performers of the past week have bounced sharply from their lows, which is a positive sign as it indicates buying at lower levels.

Bitcoin and cryptocurrency markets are witnessing profit booking at higher levels and buying on sharp falls, pointing to consolidation over the next few days.

With Bitcoin’s fall below $10,000, the top performers of this week are witnessing profit booking.

It could be a good time to buy select cryptocurrencies as bulls have defended the critical support levels which shows demand at lower levels.

The top-performing cryptocurrencies are showing signs of profit booking at higher levels and this suggests the market is in a consolidation phase.

A few of the top 5 performers are showing promise and are likely to start an uptrend. Which are those? Let’s study the charts.