PANews reported on March 26 that Huobi HTX launched BSB/USDT perpetual contracts on March 26, with a maximum leverage of 20x. Simultaneously, Huobi HTX launched a BSB contract trading party from 16:00 on March 26 to 16:00 on April 2 (UTC+8), with a total prize pool of $10,000.
During the event, users who complete registration and participate in BSB/USDT contract trading, with a cumulative effective trading volume of ≥10,000 USDT, can share the prize pool based on their trading volume ranking; new contract users who complete BSB/USDT contract trading will also receive exclusive benefits.



Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday. The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (BPS) cut and a boost to risk asset prices in the long term.Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin said. However, while lower interest rates tend to raise asset prices long-term, Puckrin warned of a short-term price correction. “The main risk is that the move is already priced in, Puckrin said, adding, “hope is high and there’s a big chance of a ‘sell the news’ pullback. When that happens, speculative corners, memecoins in particular, are most vulnerable.”Read more