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Huobi Token's Value Drop Linked to 'Free' Acquisitions
Justin Sun, CEO of Tron (TRX) and stakeholder in Huobi, has made serious allegations against Li Wei, the brother of Huobi's founder Li Lin. Sun accuses Wei of acquiring Huobi's native token (HT) at no cost and later selling it for significant profit. Fuel Labs Testnet Review and Guide
The excitement following the Arbitrum drop has settled, so now you can consider the next project to test. In this article, we introduce you to Fuel – a project that aims to conduct high-speed transactions. Even if you're inexperienced with this, our easy-to-follow guide will help you kickstart your journey in testing networks. Bitcoin Takes a Dive: What Caused the Drop Below $20,000?
In March, the cryptocurrency market had a rough time, with the price of Bitcoin dropping below $20,000 once again. Contrary to some speculation, this drop was not due to market manipulation by so-called "market-makers" nor was it caused by the USDC depeg from the US dollar, as that happened later. So what actually caused this price drop?
The charismatic founder of BitMEX has revealed his vision for the market. Spoiler: he moves liquid fiat money from treasury bills to cash and intends to invest it all in high-risk assets (bitcoin and other crypto, of course).
Key takeaways from Arthur Hayes' post:
? S&P500 is up 40% in 3 months;
? Fed balance sheet will drop $100 billion every month;
? The market will get an extra $500 billion out of the Treasury General Account (TGA), which will accelerate inflation;
? When the money runs out (sometime in July), Congress will vote to increase the debt ceiling;
? The market will end up flooded with unbacked debt liabilities;
? The world's banks will be forced to resort to printing more money (this process has already begun).
"The party has begun!", Arthur concludes. 





