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Bitcoin traded in a tight range in the past 24 hours, staying between $25,800 and $26,000 after a price spike last week when the cryptocurrency topped $28,000 after a federal appeals court ruled the SEC must review its rejection of Grayscale Investments' attempt to convert its GBTC into an ETF.
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Cryptocurrency giants, bitcoin and ether, meanwhile, lost ground during the month. Source
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However, in terms of product volumes, ProShares' Bitcoin Strategy ETF (BITO) dominated volumes with $179 million in average daily volumes, an increase of 2.96% from June. Grayscale’s bitcoin (BTC) and ether (ETH) trust products followed, with an average daily volume of $83.0 and $31.0 million a 29.7% and 60.4% increase,
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The price of Stellar (XLM) rebounded 15% versus its arch-rival XRP (XRP) two days after the XLM/XRP pair set a record low of 0.181.Notably, the XLM/XRP pair rose to its intraday high of 0.20 XRP on March 31, a move that coincided with a decoupling between Stellar and XRP in
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Stellar Development Foundation (SDF) has issued its Q1 report. In an official post, the SDF reiterated the importance of its main strategic pillar around Stellar’s blockchain: usability, trust, adoption, and sustainable use cases. In the past months, Stellar’s ecosystem has started growing on top of this vision according to the SDF.
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Payments-focused Stellar blockchain’s native cryptocurrency XLM has surged to over two-year highs. One analyst says the rally is driven by rival cryptocurrency XRP’s misfortunes and the U.S. Office of the Comptroller of the Currency’s (OCC) recent guidance on stablecoins. XLM changed hands at $0.2990 at 11:00 UTC, the highest level
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Stellar’s native token XLM surged by approx 40 percent in just three days of trading, becoming one of
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Cryptocurrency ATM startup CoinFlip now allows customers to purchase Stellar Lumens (XLM) from its network of machines, according to co-founder and CEO Daniel Polotsky.The listing increases XLM’s availability in brick-and-mortar stores, Polotsky said. CoinFlip operates about 450 ATMs in gas stations and convenience stores across the United States, allowing customers
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The Stellar blockchain has been running its own version of bitcoin's Lightning Torch since the summer. Source
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