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Stellar (XLM) has been incurring massive upside throughout the past couple of weeks, with the token’s price surging to fresh yearly highs just days ago.It is currently expressing some signs of weakness, however, as the token’s price recently faced a grim rejection that has since sparked an intense price decline.Analysts
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Stellar Lumens is back in the spotlight of the cryptocurrency market after the impressive bull run it has gone through in the last three days. The cross-border remittances token surged over 50% to hit price levels not seen in over a year.As the buying pressure behind it skyrocketed, XLM reached
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A new reward plan has been added to the well-known inflation pool system at Stellar called the Community Staking Marathon. In addition to
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The Stellar Development Foundation (SDF) is pumping $5 million into Abra, a crypto financial services app, in its largest enterprise investment to date.Announced Wednesday, the capital allocation precedes Abra's integration with the Stellar blockchain. The crypto wallet and investments app's growing list of financial services are set to shift onto
Read MoreThe Stellar Development Foundation, or SDF, a non-profit tasked with fostering Stellar's network growth, unveiled new ties with crypto risk-management operation, Elliptic, on April 30. The partnership sees the SDF calling on Elliptic's crypto risk expertise for businesses and financial institutions based on Stellar blockchain, SFD director of communications Lauren Thorbjornsen told Cryptox
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Stellar Lumens’ native cryptocurrency, XLM, hit a fresh local high, up more than 190 percent in just one month.The extraordinary price rally lacks concrete market fundamentals and relies more on macro crypto trends.XLM reversed after testing a long-term resistance area, hinting it could extend its pullback move as investors shift
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One of cryptocurrency’s biggest hedge funds says it will keep avoiding XRP and Stellar (XLM) because their supply is too centralized.In an interview with YouTube series Thinking Crypto on April 10, Mark Yusko, CEO of Morgan Creek Digital, confirmed that its policy on the two altcoins would stay unchanged.Yusko:
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The Stellar Development Foundation is matching donations in Lumens (XLM) made to six non-profits during April, including the Tor Project — the team behind ‘The Onion Router’ anonymizing browser.Donations will be matched up to a total of 1.9 million XLM (roughly $79,300), with the foundation launching the initiative by
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Multi platinum-selling recording artist Akon has chosen to build his Akoin cryptocurrency ecosystem on top of the Stellar blockchain.Akoin co-founder and president Jon Karas said they chose to launch the project on Stellar due to sharing similar values.“Akoin selected Stellar’s distributed, hybrid blockchain due to a shared vision for
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One of the oldest banks in Europe is developing a special-purpose euro stablecoin that can facilitate private placements in tokenized securities. Munich-based Bank von der Heydt, established in 1754, announced Monday it had partnered with blockchain financial services provider Bitbond to help integrate tokenization into its established securitization platform.The partnership
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