News Commentary #1,897 – Henbbo Ventures | ? U.S. crypto risks agaisnt Asia, Europe, UAE

Henbbo Ventures platform (reviewed here) added more news regarding crypto industry with some politician context inside

Based on different users’ comments it’s highly recommended to use DAILY plans only to be always able withdrawing accruals everyday, thus to control your workflow with this platform.

Here’s the news:

THE U.S. IS CEDING ITS PRIMACY IN THE CRYPTO INDUSTRY TO THE UAE, ASIA AND EUROPE.

 

American investment management company ARK Investment Management LLC, which manages several exchange-traded funds totaling more than $14 billion, published a report on the state of the crypto industry in the United States.

 

In the document, ARK fund analysts explain why the U.S. risks losing its leading position in the cryptocurrency industry, yielding first place to the UAE, South Korea, Australia and Switzerland. They argue that the recent flight of market makers Jane Street and Jump Trading from the U.S. is the first sign of a negative reaction to inadequate market regulation.

 

Henbbo fund analysts also closely monitor the state of the North American crypto market and note that crypto liquidity in the U.S. has decreased markedly in recent times. For example, according to Coin Metrics, Bitcoin trading volume in the country has fallen 75% in the past two months, from $20 million a day in March to $4 million in May. 

 

It is also characteristic that the rate of the first cryptocurrency on Binance.US was $600 higher than on other exchanges. Such incorrect pricing in the U.S. further motivates investors and trading floors to refocus on other markets.

 

For example, in May of this year, Coinbase decided to establish a hub in the UAE. In the same month, the company announced the launch of Coinbase International Exchange, an international futures exchange for digital assets. 

 

Henbbo Foundation took into account such a scenario and directed most of its efforts to the development of destinations in the Arab world, Central and East Asia. And now, thanks to the current growth of investment activity in the East, it gives excellent results.

 

In the first quarter of this year, Henbbo’s earnings in these regions surpassed its target by 27% to more than $18 million. The company’s total earnings for the period amounted to $46 million, also 12% higher than expected.

 

Invest with Henbbo and profit even in the most difficult market conditions!

 

Henbbo – smart investment will change your life!

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