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The Stellar Development Foundation joins the GMAC

Stellar lumen price started a fresh increase above the $0.085 resistance zone against the US Dollar. XLM price is now trading above $0.085 and the 55 simple moving average (4-hours).

Ripple has received major support at the WEF with the fintech CEO revealing that its case with the SEC is likely to be settled by June.

SDF is the only organization representing a blockchain on the committee.

The firm behind XRP competitor Stellar (XLM) will represent the digital asset industry in the Commodity Futures Trading Commission's (CFTC) relaunched Global Market Advisory Committee (GMAC). In a new company blog post, the Stellar Development Foundation says it will be one of four crypto-related firms to join the committee alongside representatives of traditional finance.

Stellar has been in a strong consolidation mode for a long time but is looking to see a new high. The price of Stellar Lumens (XLM) had remained stagnant for some time despite the growth in the crypto market.

Key Points: The largest creditors of Genesis, the troubled cryptocurrency lending behemoth that applied for bankruptcy protection, were listed by the charity Stellar Foundation. Genesis has $3.5 billion in debt to its top 50 creditors, which includes the Stellar Foundation, according to bankruptcy documents.

The Stellar Development Foundation (SDF) recently announced its inclusion in the United States Commodity Futures Trading Commission's (CFTC) Global Markets Advisory Committee (GMAC). This committee is set to meet on February 13th after more than a year of inactivity.

The commission's decision to include crypto market players in its market advisory committee proves that the US regulators recognize the relevance of crypto and blockchain to the future of the nation's financial markets.

Commodity Futures Trading Commission welcomes Stellar Development Foundation into its new advisory body

1.3 billion XLM change location as Ripple rival Stellar rocks at World Economic Forum in Davos

A user can do a million transactions for a dollar worth of Lumens in the Stellar network. That is practically 0 fee, and no high cap Layer-1 can compete with that gas.

The year 2023 has just started and the global crypto market is thriving. With top cryptocurrencies like Bitcoin and Ethereum gaining momentum and the bear market looking like it's finally over, now is the high time to start picking up tokens.

Bitcoin [BTC] trended upward throughout the past week and ran as high as $21.5k before encountering a significant number of sellers. Though the long-term trend of the market has been downward, Bitcoin undoubtedly had huge bullish momentum after its break above the $17.8k level.

XRP‘s most prominent rival is rallying this week as a Ukrainian banking giant announces the results of using its blockchain in a new digital currency system pilot program. Stellar (XLM) is a multi-currency transaction network for storying and moving money across the blockchain. XLM, the Lumen, is the native cryptocurrency of the Stellar network.

If the Stellar (XLM) price breaks out from its descending wedge, it could further accelerate its rate of increase The post Stellar (XLM) Price Boosted After Ukrainian Bank Completes Successful Pilot appeared first on BeInCrypto.

Stellar lumen price started a fresh increase above the $0.080 resistance zone against the US Dollar. XLM price is now trading above $0.080 and the 55 simple moving average (4-hours).

Stellar has been in a strong consolidation mode for a long time but is looking to see a new high. The price of Stellar Lumens (XLM) had remained stagnant for some time despite the growth in the crypto market.

The Stellar (XLM) price remains in a long-term downtrend. After seeing an all-time high of nearly $0.81 on May 10, 2021, XLM's price has fallen massively.

Stellar (XLM) deposits and withdrawals temporarily suspended on Korea's Upbit

With the beginning of the new year, the cryptocurrency market has already started to demonstrate some careful optimism and recovery from the troubles that plagued it in the previous months, and that includes Stellar (XLM), which is recording solid gains on its weekly charts.

Stellar Lumens price is 70% down from last year's highs of $0.798. However, XLM price prediction fundamentals appear to be quite bullish.

Stellar lumen price started a fresh increase above the $0.070 resistance zone against the US Dollar. XLM price is now trading above $0.0750 and the 55 simple moving average (4-hours).

TechStars chose 12 startups from LatAm nations for its maiden tech startup accelerator program to provide innovative solutions to the region's underserved market.