A Compelling Week for Crypto Exchanges

Despite the fact they are the primary access point for many crypto investors.

His comments at the TechCrunch blockchain sessions reflect an animosity towards crypto exchanges starved for good news.

This week, crypto exchanges reinforced their presence.

Huobi, one of the most popular crypto exchanges, announced a partnership extending to the U.S. and Australia.

Binance, one of the most prolific global crypto exchanges, is poised for record-breaking profits even as crypto prices and trading volumes are depressed.

Beginning July 10th, 2018, crypto customers in 41 states will have access to the HBUS platform.

Huobi official opened its Australia-based platform that helps open crypto markets to Australia's burgeoning crypto enthusiasts.

In more good news for crypto exchanges, Binance CEO, Zhao Changpeng, revealed to Bloomberg that he expects to profit between $500 million and $1 billion.

Launched in July 2017, Binance quickly ascended to the top of the exchange marketplace with an estimated $11 billion in trades each day as crypto prices peaked.

It's worth monitoring the role of Huobi and Binance and reputable exchanges like Coinbase, to see how greater access and prominence impacts the value of crypto assets.