#hxro

A liquidity layer project built on Solana (SOL) has ripped by more than 63% in the past seven days as its ecosystem continues to power more decentralized apps (DApps). HXRO (HXRO) is trading around $0.195 at time of writing, up from around $0.119 one week ago. The 243rd-ranked crypto asset by market cap is down by nearly 5% in the past 24 hours, however. HXRO is an on-chain liquidity layer for…

Hxro selects Solana L1 in transition to decentralized trading network

HXRO, a crypto trading platform that offers users an uncomplicated way to play the markets, has chosen Solana as its L1 blockchain partner, to help it move to a fully decentralized trading network powered by protocols that simplify and solve the complexities of trading. By working together with Solana, Hxro plans to make enhancements to its token economy through new staking, governance, and…

Exchange Tokens Are Skyrocketing as They Act More Like Equity; That Could be a Problem

Centralized exchange tokens have been skyrocketing this year, but none more so than Hxro, which has gained over 1,000% year-to-date. One of the reasons they have been doing so well might be because exchange tokens have been taking on the behavior of equity in the companies behind the exchanges, arguably the top revenue-getters in the crypto sector.

Unlike stocks, exchange tokens are…

Hxro: Crypto Report – The Weekly No. 7

Hxro is a cryptocurrency platform that offers a simplified way to interact with the market, giving traders an alternative way to express a view on price, hedge risk, and trade digital assets. Sign up to get the Hxro Weekly delivered directly to your mailbox.

This week’s major crypto events:

A dormant mining wallet from Feb 2009 made a transfer of 50 BTC over the network, sparking a sharp…

Hxro: Crypto Report – The Weekly No. 4

Hxro is a cryptocurrency platform that offers a simplified way to interact with the market, giving traders an alternative way to express a view on price, hedge risk, and trade digital assets. Sign up to get the Hxro Weekly delivered directly to your mailbox.

Central bank issued (and controlled) digital currencies are no longer just a pipe dream, as China is set to begin major trials of its…

Hxro: Crypto Report – The Weekly No. 3

It has been a relatively quiet week in the crypto space as the markets continued to range sideways, albeit with a firm tone. Out of the blue, Ebang, a bitcoin mining chip producer, filed for a U.S. IPO after failing to get approval to list its IPO in Hong Kong. It is an interesting move considering Ebang saw yearly revenue decrease by 66% between 2018 and 2019. The spectacular flop from Canaan’s…