A launch to $10 looms
An unusual transaction was tied to Stellar (XLM), a protocol named XRP's biggest rival. Three transactions that crypto analytics platform Whale Alert spotted show signs that XLM whales are back in action.
The TRUMP token team has sparked fresh controversy by quietly removing $4.6 million in USDC from its liquidity pool ahead of a $320 million token unlock, fueling trader concerns about potential volatility and insider activity. The post Is TRUMP Token About to Crash? Devs Quietly Remove $4.6M USDC From Liquidity Pool appeared first on Cryptonews.
Forget about Bitcoin (BTC -1.98%). Forget about speculative meme coins.
Official Trump (TRUMP) developers drained $4.6M USDC from the liquidity pool, bridging the proceeds to Ethereum.
Digital currencies traded in the red on Wednesday as Bitcoin failed to hold above the key region of $85,000. Amidst the uncertainty, layer1 blockchain Sui Network attained a crucial milestone in its DeFi journey.
Circle will deploy its stablecoin, cross-chain transfer protocol, and wallet on layer 1 blockchain Monad's mainnet when it goes live.
Inquiries about the USDC revenue split between the two companies began in 2023 while Gary Gensler was still head of the SEC, according to correspondence.
Sui (SUI) has gone down by 4% today to $2.20 per coin as the market has been choppy since the week started. Trading volumes have subsided by 16% as traders stay on the sidelines while prices consolidate.
Just last week, the FT reported that Tether's considering a US-only stablecoin. Why? Because their current $144 billion-dollar stablecoin USDT may not comply with potential new US regulation (which is still making its way through the relevant checkpoints down in DC).
Stellar (XLM) looks set for a breakout, and investors are committing funds to the XRP rival, as showcased on the open interest market. In the last 24 hours, the coin has seen its open interest climb by 2.96%, increasing by 2.23% within the last four hours.
The crypto markets continue to demonstrate their unpredictable nature as both Toncoin (TON) and Chainlink (LINK) face fluctuating fortunes. Toncoin recently endured a rocky week showcasing dramatic volatility. Meanwhile, Chainlink finds itself under cautious investor scrutiny. Although both assets hold potential for recovery, their turbulent movements highlight a recurring theme in crypto markets.
Stellar (XLM) could be on the verge of a major move, as a classic setup on its hourly chart might trigger a 15% swing, but the direction remains uncertain.
Toncoin may see a bullish reversal on the daily charts soon.
Hedera's native coin flips TON as altcoin competition grows swiftly: is HBAR all set for a $1 mission?
Stellar registered an ATH in stablecoins, with other metrics suggesting an increase in network activity.
Stellar (XLM) is under renewed pressure as global trade concerns intensify, triggering a broader risk-off sentiment in crypto markets. According to CoinMarketCap, XLM is trading at $0.2153, marking an 8.55% drop over the past 24 hours.
XRP rival Stellar (XLM) has subtly slid into rebound mode after the coin survived a major sell-off trend that gripped the industry on April 10. As of press time, the combined market capitalization has dropped by 1.05% to $2.57 trillion, setting a mildly bearish path for assets like Stellar to follow.
Stellar (XLM)'s Proof-of-Agreement consensus mechanism emphasizes trust and social reputation, enhancing security and decentralization compared to traditional Proof-of-Stake systems.
On-chain metrics revealed that TON holders were facing losses, and a distribution phase was underway.
Toncoin (TON) is starting to make waves again, showing signs of renewed strength after successfully breaking out of a long-standing descending channel on the daily chart. This breakout marks a pivotal moment for the token, potentially signaling the end of the recent downtrend and hinting at the early stages of a fresh uptrend.
New token aims to reward fans with digital collectibles, tickets, and in-game perks through blockchain-backed games.
Toncoin (TON), the native token that powers The Open Network, has experienced a spike in whale activity, with large transaction volume increasing by more than 111%, indicating that large holders, or whales, may be preparing themselves for a potentially significant market shift.
With the confirmation of a death cross, a technical pattern in which the 50-day moving average crosses below the 200-day moving average, Stellar has entered bearish territory. This pattern usually denotes a protracted downward trend and declining investor confidence.
Risky assets remain volatile as trade war tension between the United States and China keeps investors on the edge. A minor positive is that Bitcoin (BTC) has avoided a sharp fall and is trading well above the crucial near-term support at $73,777.
The price of Toncoin (TON) remains at the bottom of the chart. The altcoin is moving in a limited range between the $2.50 support and below the $4.00 resistance.
The major market sell-off catalyst is at play again as the ongoing global trade concerns appear to be escalating, impacting risk assets like Stellar (XLM). According to data from CoinMarketCap, Stellar's price changed hands for $0.2153, down by 8.55% in the past 24 hours.
The crypto market resumed its downward trajectory after a brief recovery on Tuesday. Bitcoin (BTC) and other cryptocurrencies crashed on Monday thanks to tariff-induced uncertainties but recovered on Tuesday.
Solana has seen intense selling pressure from both whales and retail investors over the past month, but analysts still expect a price bounce.
Stellar (XLM) has dropped 1.83% in the past 24 hours, now trading at $0.22, deepening its bearish trend. The cryptocurrency is edging closer to forming a death cross a technical indicator that signals potential long-term weakness when the 50-day moving average (MA) drops below the 200-day MA.
After a 6% price decline, XLM, the native token of Stellar, has begun heading toward its next support level. As of today, April 9, 2025, the market appears to be continuing its downward trend, as the tariff war between the United States and other countries shows no sign of ending soon.
After a daily loss of 1.83% Stellar's price is currently at $0.22, aggravating the bearish state of the asset. As a result of the overall decline in the market, XLM is now in danger of a death cross, a bearish technical signal that appears when the 50-day moving average falls below the 200-day moving average.
The market is coming back to the green zone, according to CoinStats.
TL;DR On April 8, 2025, the USDC Treasury burned 51 million tokens on the Ethereum network. This move is part of Circle's routine strategy to adjust liquidity and maintain its 1:1 peg to the U.S. dollar. The burn had no negative impact on the market or DeFi ecosystem, reinforcing USDC's strength as a reliable stablecoin.
Stellar is stealthily taking centerstage on the blockchain activity front while XRP continues to struggle with price volatility and major technical breakdowns. Despite a stagnant and declining price performance, recent data indicates that XLM is experiencing a notable uptick in on-chain operations, outpacing XRP in terms of sheer transaction volume.
Stellar (XLM) has triggered a major bearish signal with a death cross on its daily chartthe first in 2025. This technical pattern, where the 50-day simple moving average (SMA) crosses below the 200-day SMA, is widely viewed as a sign of potential long-term downward momentum.
Steve Yun, representing TON Foundation as a board member, met with BeInCrypto during the 2025 Web3 Festival Hong Kong. In this exclusive interview, he discussed TON's recent developments and their unique position in the blockchain landscape as a mini-app focused infrastructure built for Telegram's ecosystem.
Stellar traders can monitor the $0.23 and $0.255 resistance zones to sell XLM.
Stellar (XLM) has completed a death cross on its daily charts, its first major bearish signal of the year. The bearish technical formation comes on the heels of a significant drop in XLM's price, fueling speculation of deeper downside risk.
Steve Yun, former president of the TON Foundation and now a board member, has highlighted the need for democratization within the Mini Apps ecosystem on Telegram.
Steve Yun, former president of TON Foundation, addressed claims of favoritism among Mini Apps and pointed out the need for democratization.
Bemo, a non-custodial TON-based liquid staking protocol, has launched an upgrade. This release, per the team, introduces a plethora of improvements such as advanced DeFi integrations, more flexible staking/unstaking mechanics, real-time notifications, automatic gas calculation, and a new token standard.
Stellar (XLM) may be on the brink of a major trend reversal, as the SuperTrend indicator has flashed bullish for the first time since January 2022. According to crypto analyst Ali, this signal could mark the beginning of a macro shift after more than two years of sideways and bearish movement.
Larry Fink, the billionaire CEO of BlackRock, is now locked in with Donald Trump, sitting inside the president's tight inner circle after years of tension with the Republican party.
The payment solution developed by the leading crypto exchange Binance has made the stablecoin USDC the default currency for its new users. In a post on social media platform X, USDC issuer Circle says that its US-dollar pegged stablecoin is now the preset token on Binance Pay, which also supports over 100 other crypto assets.
Stellar (XLM) may be on the verge of a macro trend shift, as a key trend indicator has flashed for the first time in over two years.
Today's edition of the weekly recap covers multiple announcements from the U.S. Securities and Exchange Commission (SEC), Circle's initial public offering and the fallout of President Trump's tariffs.
Stellar Lumens price has dropped in the past few months, mirroring the performance of most altcoins like Cardano and Avalanche. Stellar (XLM) was trading at the crucial support at $0.25 on Sunday, much lower than last year's high of $0.6380.