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…
USDX
Ripple Partner Flare Networks Joins Forces with Hex Trust for USDX Stablecoin Integration in Billion-Dollar Stablecoin Market
Hex Trust Group is launching a stablecoin in partnership with Flare. The stablecoin is billed to drive utility to the broader DeFi ecosystem. Flare Networks, a prominent partner to Ripple Labs Inc has announced a partnership with digital asset custodian Hex Trust Group for USDX stablecoin integration. Flare’s Plans for USDX Stablecoin Launch According to the announcement, the USDX stablecoin is designed to help push the Flare ecosystem forward. Based on the partnership agreement, Hex Trust will use its tokenization…
1 year ago
SwapDEX – A DeFi Decentralized Exchange (DEX) Hybrid
SwapDEX is a next-gen DeFi and token exchange ecosystem. The platform is unique in the market due to its dual exchange approach and its wide selection of investor tools. The developers behind the SwapDEX concept managed to combine the best aspects from DEXs with the profitability of DeFi. Consequently, this network features various financial products to enable the trading of cryptocurrencies and ERC-20 tokens. Impressively, SwapDEX users get benefits from loans, interest, borrowing, staking, and leverage trading. Benefits of SwapDEX…
5 years ago