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
Hedera (HBAR), Stellar (XLM), Cardano (ADA): ISO 20022 and the Trillion-Dollar Aspiration
Cryptocurrency adoption making its way into the existing financial domain to be acknowledged and embraced by authority within the financial institutions and central banks. Hedera Hashgraph (HBAR) has become the leading one in implementing the ISO 20022 standard, which is cryptocurrency compliant. The financial world is undergoing a seismic shift with the imminent implementation of ISO 20022, a unique standard to revolutionize global payments. Developed by the International Organization for Standardization (ISO), this protocol promises a secure and standardized framework…
1 year ago
Franklin Templeton Makes Waves with $380 Million Treasuries Fund Tokenization on Polygon and Stellar
Franklin Templeton has tokenized $380 million in U.S. Treasuries, facilitating P2P transactions on the Polygon and Stellar blockchains. This initiative introduces BENJI tokens, each representing a share in the newly created Franklin OnChain US Government Money Fund (FOBXX). Building on its pioneering legacy, as confirmed by a PANews report on April 26th, Franklin Templeton has taken a significant step forward by tokenizing the Franklin OnChain US Government Money Fund (FOBXX) worth $380 million on the Polygon and Stellar blockchains. Echoing…
1 year ago
Stellar The New Star: XLM On Tear As Analyst Predicts $0.47 Price Target
Stellar (XLM), a prominent player in the digital asset landscape, is experiencing a surge in optimism as analysts forecast a significant price increase in the near future. The cryptocurrency, currently priced at $0.1126, has demonstrated stability amidst market fluctuations, attracting investor interest and propelling a potential bullish trend. Stellar Breaks Out Of Technical Pattern This newfound optimism stems from a recent technical breakout. XLM successfully emerged from an Ascending Triangle pattern, a bullish indicator that often precedes price surges. This…
1 year ago
Analyst CRYTPOWZRD’s Bullish DOT Prediction: Stellar Faces Bearish Momentum While KANG Surges
Amid the current market correction, discerning investors are shifting their focus towards promising ventures, notably KangaMoon (KANG). This emerging contender draws significant attention with its bold innovation and a projection of 100x ROI, making it stand out in the market. Meanwhile, while well-known analyst CRYTPOWZRD outlines a highly bullish forecast for Polkadot, Stellar faces its share of market downturns. KangaMoon shines as a beacon of potential, having already amassed over $5 million in its ongoing presale. Analyst CRYTPOWZRD Bullish Polkadot…
1 year ago
Galactic Gains Await: The Stellar Three Cryptocurrencies You Can’t Afford to Miss Right Now
● Bitcoin’s rise could boost the expansion of Neo’s ecosystem. ● Floki’s DeFi activity will keep rising in Q2 2024. ● NuggetRush (NUGX) beats other gaming tokens to sell over 270 million coins in its presale. Neo’s rising partnerships could boost its rally in Q2 2024. Floki’s new DAO proposal could boost staking activity on its TokenFi platform. NuggetRush (NUGX) is a heavyweight meme coin that has sold over 270 million presale tokens. Investors who joined NuggetRush at the start…
1 year ago
Stellar Partnership: Cables Finance Pioneers Fusion of Traditional Finance and Blockchain
Cables Finance launched on the Stellar mainnet recently, becoming the first decentralized exchange on Soroban, Stellar’s scalable smart contracts platform. Cables offers a semi-decentralized approach, combining centralized liquidity with the autonomy of self-custody, offering the best of both worlds. The Stellar ecosystem continues to grow, and the latest addition is Cables Finance, an innovative decentralized exchange (DEX) that combines the best of both worlds to offer a unique trading platform for users. Cables Finance integrated into the Stellar network last…
1 year ago
Stellar, Cardano, Hedera, SWIFT, FedNow: The Battle for Supremacy in a Trillion-Dollar Market
The cross-border payment industry is expected to reach $250 trillion by 2027 as Ripple, Stellar, Swift, etc race for dominance. It is reported that this industry grew by $25 trillion to reach $150 trillion between 2018 to 2022. The battle for supremacy in the cross-border payment industry hits a new level as Stellar, Ripple, Cardano, Hedera, Swift and FedNow double down efforts with innovations. According to a report, the industry grew by $25 trillion to reach over $150 trillion between…
1 year ago
2024’s Crypto Harvest: 5 Altcoins for Stellar Returns
As the year progresses, the cryptocurrency market is ripe with opportunity. With the bull run already making headlines, some alternative coins are showing promise for exceptional returns. This article highlights five such cryptocurrencies that have the potential to deliver significant gains. For investors looking to maximise portfolio performance, understanding these options could be key to taking advantage of the current market rally. Dive into an analysis of these contenders and discover which could lead to prosperous results. TRUE Token: Harness…
1 year ago
Stellar (XLM)-Based Glo Dollar Unlocks $7.4B in Funding for Public Goods and Charity
Glo Dollar has launched a stablecoin on the Stellar network where all the proceeds go to charitable causes, with the holders choosing the causes of their choice to direct the funding. Each Glo Dollar entitles a user to one vote, with some of the causes the project will target including combating climate change, fighting extreme poverty and promoting Web3 adoption. Every year, stablecoins yield over $7 billion, but it all goes to the pockets of a few individuals who continue…
1 year ago