Stellar

The crypto arena is bustling with activity, marked by the contrasting fortunes of Litecoin (LTC) and Ripple’s XRP. While these two navigate through market uncertainties, BlockDAG has carved out a predicted spot within the top 30 on CoinMarketCap. The presale phase for BlockDAG has been nothing short of spectacular, amassing a whopping $65.2 million and boasting a 1600% value increase from its initial phase, rocketing it to the forefront of crypto success stories.  Litecoin Faces Downward Drag Previously celebrated for…

Stellar (XLM) flexes its muscles as it rose in price today, August 8th, going against the slowing market rebound that occurred after the market’s dip that happened earlier this week. According to CoinGecko, XLM shifted upwards by almost 10% gaining in an environment where the majority of altcoins are still experiencing pain.  The Stellar network’s current bullishness can be largely attributed to recent developments that show the platform’s commitment to bringing crypto within reach of the average Joe.  Decaf On…

Stellar (XLM) started a strong increase above the $0.0950 resistance against the US Dollar. XLM price is gaining pace and might aim for $0.120. There was a steady increase in Stellar’s token price above $0.0950 against the US dollar. It is now trading above $0.100 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $0.0980 on the hourly chart of the XLM/USD pair (data source from Kraken). The pair is likely…

Zug, Switzerland, August 7th, 2024, Chainwire Validation Cloud, a leader in Web3 infrastructure, announced support for Stellar Horizon, an HTTP API to data on the Stellar network. Stellar is the leading decentralized network for financial products and services and Horizon allows applications such as wallets, decentralized exchanges (DEXs), and asset issuers to more easily consume data produced by the Stellar network. Validation Cloud’s highly performant Node API will support these applications so they can better perform actions on the Stellar…

Ethereum ETFs (exchange-traded funds) began trading on Tuesday, generating significant volume within the first 2 hours of trading. Interestingly, the Ethereum ETFs ranked among the top 1% regarding ETF volume.  Ethereum ETFs Surpass Traditional Launch Volumes According to Bloomberg ETF expert Eric Balchunas, the ETH ETFs traded $361 million in the first 90 minutes on launch day, surpassing the typical volume seen at the launch of traditional ETFs. Blachunas said: Here’s where we at after 90 minutes. $361m total. As…

Jed McCaleb founded Ripple and Stellar, revolutionizing cross-border payments with blockchain technology. McCaleb’s latest venture, Vast, aims to develop artificial-gravity space stations for long-term human habitation. Jed McCaleb, a name linked with crypto and blockchain innovation, has a story that reads like a road map for technological progress. McCaleb’s journey exemplifies visionary thinking and the relentless pursuit of disruptive ideas, from his early endeavors in peer-to-peer technology to his groundbreaking work in digital currencies and his most recent goals in…

Stellar Development Foundation partners with SheFi to empower women in blockchain. Stellar Community Fund aims to increase gender diversity among Stellar builders. The Stellar Development Foundation (SDF) is making great progress to guarantee fair access to the worldwide financial system. Through concentrating on offering goods and services to underbanked and unbanked groups, SDF hopes to provide solutions tailored to different communities. Given the glaring gender disparity in the tech and financial sectors, this goal becomes even more important. Addressing Gender…

Custody startup Taurus is advancing its tokenization plans in partnership with Stellar Network. Stellar has started accommodating a lot of mainstream firms exploring RWA tokenization, which is a major boost for XLM. Taurus, a digital asset custody platform supported by Deutsche Bank, was recently integrated into the Stellar ecosystem for enhanced Real-World Asset (RWA) tokenization. This collaboration holds promise for Stellar native token XLM,  leading to discussions surrounding a new All-Time High (ATH). Taurus Expands Tokenization Efforts With Stellar Partnership…

ZettaBlock partners with Stellar to enhance Web3 development with advanced data and analytics tools. The collaboration aims to make blockchain development more accessible and efficient for developers globally. ZettaBlock, a Web3 data infrastructure platform of institutional grade and market leader, is pleased to announce a new partnership with the Stellar Development Foundation. With the help of this connection, developers can easily and quickly build robust data-driven applications on Stellar rather than just any Web3 application, hence redefining the blockchain development…