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In a major development rocking the cryptocurrency industry, FTX, a renowned digital asset exchange, is currently pursuing legal action to reclaim more than $1 billion from its founder and some former top executives. The exchange alleges that these individuals were involved in diverting funds through questionable transactions before the platform faced bankruptcy in the previous year.
After a week of relatively sideways trading in the crypto markets, renowned crypto analyst Michaël van de Poppe is closely examining three major cryptocurrencies: Bitcoin (BTC), Chainlink (LINK), and Stellar (XLM). He shares his insights with his substantial following of 660,100 Twitter followers.
Stellar (XLM) is among the few altcoins recording gains in the last 24 hours as the market engages in lackluster trading ahead of a major move.
The comeback of the Stellar Lumens (XLM) price keeps going on. In the last 24 hours, XLM has risen by another 15%, bringing the Ripple competitor's price in line with XRP.
In the world of cryptocurrency, anticipation is building as numerous experts confidently predict that the crypto market is poised to enter a bullish cycle. Following a challenging bear phase at the beginning of the year, signs of recovery have emerged, bolstered by improving macroeconomic conditions.
The Stellar (XLM) price has fallen since its yearly high on July 13, creating successive long upper wicks.
Like its underlying network, XLM's performance in the last seven days has been impressive. However, the price may have hit a local top.
Investing in cryptocurrencies should incorporate buying lesser-known projects for their substantial long-term upside potential.
XRP registered its best performance since August 2021 last week, seeing a 60% surge following Ripple's partial win in its legal battle against the U.S. Securities and Exchange Commissioner (SEC). StockCharts.com Senior Technical Analyst Julius de Kempenaer discusses the rally, bitcoin price analysis, and why he's watching Polkadot (DOT).
A widely followed crypto analyst is diving into the crypto markets after a week of largely sideways trading action. Crypto trader Michaël van de Poppe tells his 660,100 Twitter followers that Bitcoin (BTC) is on the edge of a move that will strengthen the crypto markets. “Bitcoin is on the edge of a big move here.
Chainlink rose by as much as 20% earlier in today's session, as markets reacted to the release of its Chainlink Cross-Chain Interoperability Protocol (CCIP). Traders were buoyed by the news, pushing the token to its highest level since April in the process. Stellar rose to a one-week high today.
As mentioned before, the network is decentralized with the servers operating independently. All nodes are interconnected and but they aren't monitored by a central system.
Bitcoin (CRYPTO: BTC) traded higher, with the cryptocurrency prices rising above the key $30,000 level on Thursday. Ethereum (CRYPTO: ETH) also moved higher, trading above the key $1,900 mark this morning.
Stellar Lumens Price Prediction: XLM price is looking very bullish as it has flipped $0.13 resistance into support. Bulls may target 0.24 soon.
Stellar (XLM) has registered a surprise surge, catapulting itself into the forefront of the crypto market frenzy. Beginning July 18, this surge has taken the digital asset on a solid price rally, propelling its value to new heights.
Weekly cryptocurrency market analysis from Coinidol.com. XRP, Stellar, Synthetix, BitDAO and Solana in the top 5 gainers of the week.
The native cryptocurrency of the Stellar blockchain, Stellar lumen (XLM), witnessed a remarkable rally outranking major digital tokens including Bitcoin
In the ever-changing cryptocurrency landscape, XLM, the native digital currency of the Stellar blockchain, has recently experienced an enormous surge in its price. Over the past few weeks, Stellar has been gaining widespread recognition as an efficient and low-cost digital payment network, attracting a growing number of users and businesses.
In the dynamic world of cryptocurrencies, the Stellar XLM has recently captured the attention of various traders as well as enthusiasts alike with its extremely impressive bullish run. Fueling the excitement is the emergence of an ascending triangle chart pattern, suggesting a potential breakout above the crucial $0.1793 resistance level.
Bitcoin has managed to reclaim the $30K, while XLM soared by over 20%.
The broader digital currency ecosystem is seeing a return to a bullish trend, with specific altcoins, including Stellar (XLM), helping to push the rally to new pedestals. The Stellar payment protocol has been on a steady positive run since the start of the week, but today, it has added a massive 23% growth in overnight trading to peg its price at $0.1683.
Most of the cryptocurrencies in the market didn't show major moves as of 19 July. However, XLM begged to differ as this latest development put XLM in a position of power.
PLUS: Ripple's partial victory last week in its ongoing legal feud with the Securities and Exchange Commission left important questions unsettled for token issuers, a crypto lawyer told CoinDesk TV.
The cryptocurrency market has been witnessing a significant bullish trend, particularly in the altcoin sector, following Ripple's partial victory against the U.S. Securities and Exchange Commission (SEC).
