Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Stellar
Crypto’s Safest Bet? Stellar (XLM) and VeChain (VET) Investors Turn to Rising Presale Star Rollblock (RBLK) for Stability
In the past month, the cryptocurrency market has gone through a major decline that has impacted the price trends of top crypto coins, Stellar and VeChain. Thus, the investors have started to look to another altcoin known as Rollblock. Analysts are now speculating that the value of this newcomer could possibly rise by 100x in the next few months. Stellar (XLM) Price Outlook After meeting with massive bearish pressure at $0.106, the cross-border payment token, Stellar (XLM) has been on…
12 months ago
Raboo’s Stellar Surge: Up 60%! From DOGE Triumph to BOME Boom—What’s Next?
The post Raboo’s Stellar Surge: Up 60%! From DOGE Triumph to BOME Boom—What’s Next? appeared first on Coinpedia Fintech News Raboo! That name has been ruffling feathers with its first-in-class AI-backed and ingenious twist on meme culture. The new player has maintained an enviably sturdy surge, rising to 60% in its ongoing presale. Raboo’s enigmatic gains echo the triumph of top meme coins like Dogecoin and the explosive growth of the BOME coin price. Its presale has skyrocketed past a…
12 months ago
Can BONK Break The Mold? Analyst Predicts Stellar Rise For The Solana Memecoin
The meme coin market is back in the spotlight, and BONK is no exception. The dog-themed token has seen a price surge of over 40% in the last month, mirroring a broader trend among its rival meme coins. This recent rally comes amidst positive sentiment surrounding the crypto market, fueled in part by the long-awaited approval of an Ethereum ETF. Analysts are cautiously optimistic about BONK’s future, with some predicting a potential return to its all-time high. Analyst Bullish On…
1 year ago
Time To Stack Stellar (XLM)? Analyst Calls For Epic 500% Price Breakout
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. But is this calmness a sign of stagnation, or is Stellar poised for a stellar (pun intended) breakout? Trading In The Twilight Zone Currently, XLM sits at $0.10, a price point it’s clung to for weeks. Trading volume is moderate, and the overall market…
1 year ago
The Latest Bull Run has Drawn Investors In, As Stellar, Raboo and Cardano Stand Out!
The cryptocurrency market has been on a significant bullish run recently, enticing lots of people to buy cryptocurrencies so that they can stand a chance to profit from the uptrend. Among the cryptocurrencies performing particularly well compared to others are Stellar (XLM) and Cardano (ADA). Interestingly, Raboo (RABT), an innovative presale token, also makes it to the list of cryptocurrencies that stand out amid the market bull run due to its potential to surge 100x after launch. Can investors count…
1 year ago
Etherfuse and Brale Introduce Real MXN Stablecoin on Solana and Stellar Networks
Etherfuse has partnered with Brale to launch Real MXN (MXNe), a Mexican peso bond-backed stablecoin on the Solana and Stellar blockchain networks. The new stablecoin targets cross-border remittances and redefines the interaction between the Mexican economy and global finance. Stablecoins account for $161 billion in market cap globally and are among the most traded on most exchanges. However, almost all stablecoins are based on and backed by the US dollar, leaving billions of people who rely on other currencies out.…
1 year ago
Stellar Lumens Testnet Advances to Protocol 21: Implications for XLM Price?
Stellar’s Testnet has advanced to Protocol 21, enhancing its smart contract capabilities. This upgrade could significantly impact XLM’s price, especially in the Decentralized Finance (DeFi) sector. On June 18, 2024, validators of the Stellar public network will decide on an essential upgrade to Protocol 21. If approved, this will activate five new Core Advancement Proposals (CAPs) on Stellar’s Mainnet. Currently, the Stellar Testnet has already transitioned to Protocol 21, a crucial development for enabling smart contracts and a key milestone…
1 year ago
Riot Platforms Reports Stellar Q1 Results Amid Declining Stock Price
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. Riot also reported a net income of $211.8 million, earnings per share of $0.82, and $245.7 million in adjusted EBITDA—new highs for the company’s quarterly financial performance. A significant 131% rise in Bitcoin prices, compared to the same three-month period in 2023,…
1 year ago
Hong Kong Bitcoin ETF Readies For Stellar Debut, Expected To Outshine $125M US Launch
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. HK Bitcoin ETF Market Poised For Record-Breaking Debut Zhu Haokang, the Digital Asset Management Supervisor and Family Wealth Supervisor at Warsaw…
1 year ago