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Huobi co-founder says the cryptocurrency bull market may not start until late 2024.

In an interview with CNBC, Du Jun, co-founder of cryptocurrency exchange Huobi, suggested that bitcoin price cycles are closely tied to the halvings that occur about every four years.


#Bitcoin #Huobi #BullMarket
๐Ÿ“ˆAre you willing to start and enjoy crypto trading, consider #Huobi, one of Chinaโ€™s top 3 #crypto exchanges and top 9 worldwide?

๐Ÿ”ธFounded by Jun Du and Leon Li in 2013 in Seychelles.

๐Ÿ”ธHuobiโ€™s #offerings include Spot trading, P2P trading, Futures, Options, Margin, OTC market, staking, Huobi earn, a mobile app, wallet, and mining pools.

๐Ÿ”ธHuobi's #revenue as of July 2022 was $110.1 mn, an increase of 0.18% from June 2022's $91.7 mn.

๐Ÿ”ธIntegrated #Pyth network, an oracle solution to offer financial data (Price feeds) for its Defi ecosystem.

๐Ÿ”ธRaised $2 mn in 5 #funding rounds and has made nearly 35 #investments.

๐Ÿ”ธAcquired 3 organizations; Bitex, BitTrade, and Huobi technology.

๐Ÿ”ธRecently partnered with Chiliz to launch Fan Token Zone, and also hosted a special PrimeBox event with a 2 mn USDT prize pool.

๐Ÿ”—Read More: https://www.linkedin.com/feed/update/urn:li:activity:6974992891874082816
๐Ÿ“ˆ Who is Jun Du?

๐Ÿ”น #Huobi Globalโ€™s Founder & CEO Jun Du is also a Co-CEO of BiKi Exchange and a Co-Founder of #AToken.

๐Ÿ”น Also serving as the CEO of Node Capital.

๐Ÿ”น Studied MBA in Accounting & Finance from Qingdao University in 2005.

๐Ÿ”น Started his career at Comsenz as Director of community operations and at Tencent as product operational staff.

๐Ÿ”น And continuously founded multiple top companies like Jinse, AToken, ChainUP, and more.

๐Ÿ”น In Aug 2018, Jun held 2.07% of shares in Huobi Global and was the highest shareholder among other Huobi executives.

๐Ÿ”น He personally invested in 2 companies including OxScope and BiKi.com.

๐Ÿ”น Recently, launched #ABCDE with $400 mn funds in partnership with BMAN Lee to support 10-20 CEOs this year.

๐Ÿ”น Also involved in many social, charitable, and humanitarian activities globally.

๐Ÿ”— Read More: https://www.linkedin.com/feed/update/urn:li:activity:6985218844571160576
POLL:๐Ÿ“‰DO YOU BELIEVE THE #HUOBI RUMOURS THAT THEY ARE POSSIBLY INSLOVENT? #CRYPTO
Anonymous Poll
43%
FUD
43%
ITS TRUE
14%
DONT CARE
Just In: #Huobi #Crypto Exchange will be renamed HTX. Huobiโ€™s official English Twitter account has been changed to โ€œHTXโ€. Justin Sun will make the announcement in Singapore.
Well-known #crypto figure Justin Sun faces intense scrutiny over serious hacking allegations by Travis Kling

A sequence of security breaches, including incidents at #Huobi and #Poloniex, raises concerns about industry security.
https://coinpedia.org/news/industry-expert-calls-justin-sun-a-criminal-urges-his-removal-from-crypto/