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Stellar Lumens (XLM), the cryptocurrency known for its fast and cheap cross-border transactions, has been on a quiet journey lately. While the broader crypto market experiences wild swings, XLM trades sideways, seemingly unfazed by the drama.
In an exchange on X, Ripple‘s Chief Technology Officer (CTO), David Schwartz, also known as JoelKatz, responded to queries about the strikingly similar price movements of XRP and Stellar (XLM). This discussion has brought to light not just the intertwined market dynamics of these two major cryptocurrencies but also the complex factors influencing their valuation.
A recent community discussion drew attention to the very similar price movement of XRP and Stellar (XLM). Ripple CTO David Schwartz suggested his perspective on this anomaly.
Denelle Dixon discusses the crypto industry's progress towards creating more equitable access to the global financial system.
Wall Street is betting on a blowout quarterly report from Nvidia on Wednesday, with its stock near record highs as investors look for evidence that the AI chipmaker can maintain its explosive growth and stay ahead of rivals.
Renowned venture capitalist Tim Draper announced a significant collaboration between Draper University and Stellar. The partnership aims to accelerate and fund up to 80 startups over the next two years, with these startups set to build on the Stellar blockchain platform.
Stellar (XLM) recently initiated a significant milestone by activating Protocol 21 on its testnet. This move marks a pivotal moment for the Stellar network as the countdown begins to the upgrade's mainnet activation.
The Stellar Testnet protocol just got upgraded to Protocol 21 as one of the most important steps in the blockchain's smart contract evolution. According to the update it shared on its official X account, with this testnet upgrade, Stellar is now well-positioned to actualize the rest of the milestones in its roadmap.
The Stellar network is on the verge of a game-changing upgrade that might redefine its ecosystem: the Protocol 21 upgrade.
Stellar lumen price is attempting a fresh increase from the $0.1030 zone against the US Dollar. XLM price is now trading near $0.1100 and the 55 simple moving average (4 hours).
US-based cryptocurrency exchange Coinbase is facing a new class-action lawsuit in the Northern District of California.
Riot Platforms, a US-based Bitcoin mining company, recently unveiled a remarkable financial performance for the first quarter 2024. The company announced total revenues of $79.3 million, a noticeable uptick from $73.2 million during the same period last year.
TL;DR Tether Holdings reported a record net profit of $4.52 billion in the first quarter of 2024. Most of the profits came from financial operations with Bitcoin and gold. Transparency and stability were highlighted with the disclosure of his net worth and the support of his stablecoins.
The eagerly anticipated Hong Kong Bitcoin ETF market is scheduled to commence trading on Tuesday, marking a significant milestone in the increasing adoption of the leading cryptocurrency and building upon the success of the US ETF market. With their approval, the newly regulated index funds are poised for a noteworthy debut, surpassing the first-day inflows in the United States.
Stellar lumen price started a downside correction from the $0.120 zone against the US Dollar. XLM price is now trading below $0.1150 and the 55 simple moving average (4 hours).
Forbes listed 20 zombie coins, calling them good-for-nothing blockchains — They are unproven and have little utility other than speculative crypto trading. Among these are XRP, ADA, BCH, LTC, ICP, ETC, XLM, STX, KAS, THETA, FTM, XMR, AR, ALGO, FLOW, EGLD, BSV, MINA, XTZ, EOS. Despite high valuations, these tokens face questions about real-world adoption.
The changing dynamics of the crypto market have opened up Harmony (ONE), Render (RNDR), Near Protocol (NEAR), dogwifhat (WIF), and Stellar Lumens (XLM) to potential profits.
TL;DR Franklin Templeton tokenizes his $380 million fund on the Polygon and Stellar blockchains for peer-to-peer transfers. Franklin OnChain FOBXX investors can transfer the BENJI token directly to each other without intermediaries. Franklin Templeton competes with BlackRock's BUIDL fund in the tokenized asset niche, maintaining a 32% market share.
Franklin Templeton maintains a leading position in the tokenized US Treasuries sector with its 32% market share.
In a significant move, Franklin Templeton has announced the tokenization of its US Government Fund on the Polygon and Stellar blockchains.
Franklin Templeton has tokenized a $380 million treasuries fund on the Polygon and Stellar blockchains to enable peer-to-peer (P2P) transfers without intermediaries. The company has launched the Franklin OnChain United States Government Money Fund (FOBXX), offering shares as BENJI tokens.
Top investment management firm Franklin Templeton has announced the availability of shares of the Franklin OnChain United States Government Money Fund (FOBXX) on the blockchain. Franklin Templeton Ties Shares To BENJI Token As it announced, peer-to-peer transfers for tokenized shares in the FOBXX fund on the public blockchain have been enabled.
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Stellar (XLM), a prominent player in the digital asset landscape, is experiencing a surge in optimism as analysts forecast a significant price increase in the near future. The cryptocurrency, currently priced at $0.1126, has demonstrated stability amidst market fluctuations, attracting investor interest and propelling a potential bullish trend.
