Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
HUSD
Huobi Treasury Minted 4.2 Million Stablecoin Today
Huobi continues to issue more of its stablecoin. Today, 04/20, Huobi’s stablecoin minted another 4.2 million HUSD. Whale Alert reported that the stablecoin was issued earlier today: “4,200,000 #HUSD (4,200,000 USD) minted at HUSD Treasury Tx: https://whale-alert.io/transaction/ethereum/b271523007cd8bc5cc1aa9779318dd331e193bfb5a0dee2a345cb8133d6575d6” Based on today’s date, it seems it is not a coincidence that it minted such an amount of stablecoin. The $4.2M stablecoin was issued in honor of today’s little ‘holiday.’ Huobi’s stablecoin has been kind of quiet for some time, but it once again started…
5 years ago