We do the research, you get the alpha!
Something cool is dropping in 10 days.
Get ready to gear up for a change that's got us all excited. Stay curious 😎 pic.twitter.com/CgNzfzwqmc
— Stellar (@StellarOrg) September 2, 2023
$76,736.00
-3.63%$1,464.61
-7.04%$3.40
-6.67%$1.81
-6.46%$555.49
-0.53%$0.999905
0.00%$105.50
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0.96%$0.142891
-5.33%$0.559698
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-3.42%$9.00
0.33%$0.999887
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-4.71%$1.96
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-7.52%$1,755.57
-6.53%$6.17
-1.77%$269.72
-2.76%$69.23
-3.94%$0.999811
0.04%$0.998759
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-2.92%$1,558.75
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0.03%$1.046
-0.01%$4.77
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-3.45%$0.000006
-8.44%$20.44
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0.06%$124.97
-7.12%$4.22
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-3.45%$0.396697
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-4.77%$3.40
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2.94%$4.17
1.02%$1,223.59
-0.77%$0.668802
-13.35%$0.997994
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-4.63%$0.380017
-4.39%$0.588353
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-2.56%$0.336441
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0.78%$110.50
-2.02%$1,465.91
-6.93%$60.22
-6.34%$1,527.88
-6.49%$1.00
-0.04%$0.999093
-0.04%$0.533373
-4.43%$1.00
-0.01%$0.997895
-0.06%$0.618527
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-0.04%$1,652.15
-7.11%$0.01130952
-4.99%$0.142077
-5.73%$0.072361
-4.22%$0.690955
-4.47%$76,489.00
-3.09%$6.98
-5.36%$0.374532
-6.45%$3,001.29
-0.18%$555.52
-0.51%$0.998341
-0.13%$76,674.00
-3.47%$0.574272
-4.36%$0.447884
-3.49%$1,554.16
-7.26%$0.232101
-4.31%$0.01276999
-5.30%$0.622646
-11.31%$34.65
-0.18%$0.00000056
-2.72%$0.094656
-3.22%$0.541753
-1.07%$0.14389
-4.81%$0.999288
-0.01%$25.84
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-12.83%$1.59
-0.78%$0.996027
-0.30%$1.69
-0.89%$0.311283
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1.04%$0.9985
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-1.55%$0.999962
-0.00%$0.00004752
-7.22%$1.58
-4.31%$1.66
-9.32%$1,525.59
-6.80%$2.47
-6.33%$2.73
-6.12%$0.405558
-4.19%$1.10
0.53%$75,146.00
0.62%$115.67
-1.74%$1.00
-0.22%$12.55
-6.35%$0.114836
-5.88%$0.999797
0.05%$1.082
-0.11%$110.62
0.01%$0.998544
-0.73%$0.153917
-0.28%$0.00000041
-0.51%$0.515347
-8.13%$3.63
-16.86%$76,656.00
-3.52%$0.205964
-4.68%$76,869.00
-3.08%$23.34
-0.84%$0.403022
-18.03%$0.142644
-5.45%$0.00393891
-11.19%$5.08
5.87%$12.63
-3.96%$77,106.00
-4.32%$2.20
-8.82%$1.00
-5.12%$1,554.97
-7.00%$0.120178
-5.41%$0.999252
-0.31%$0.00614821
-8.59%$0.03584186
-7.95%$76,575.00
-3.18%$0.00001687
-4.16%$0.065646
-6.66%$36.74
-8.38%$0.162077
3.89%$0.999056
-0.13%$4.92
-5.84%$1,464.92
-6.98%$0.320712
-8.24%$0.516626
-8.97%$0.999207
-0.01%$0.069863
-6.90%$1,465.61
-6.82%$1,464.43
-6.98%$0.00000155
-1.20%$0.738022
-2.10%$0.381585
-5.55%$0.998717
-0.07%$1,532.19
-7.23%$0.00572687
-6.14%$1.40
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-4.38%$1.00
0.05%$3.67
-16.37%$0.00005321
-6.05%$0.441968
-7.67%$0.02905291
-2.56%$0.298496
-6.55%$0.00840082
-8.09%$1,463.90
-6.79%$0.00320693
-4.55%$1,482.89
-6.54%$0.123727
-0.56%$0.313916
-4.52%$2.27
-12.98%$2,980.03
-0.03%$0.0039391
-6.62%$95.41
-4.46%$76,643.00
-3.47%$0.02480738
-6.40%$2.57
-2.44%$0.999848
-0.04%$0.192478
-6.50%$0.411363
-4.13%$19.13
-3.13%$1,440.92
-6.81%$76,212.00
-3.68%$1,464.64
-6.97%$0.453813
-5.01%$0.950281
-4.02%$0.912394
-6.79%$0.19173
-6.60%$20.26
-2.83%$0.219014
-3.05%$0.497363
-5.53%$0.02755144
0.34%$0.997631
-0.05%$0.154197
-6.25%$12.71
14.38%$0.867526
-5.77%$1,548.58
-6.81%$1,538.87
-3.67%$0.492653
-1.01%$0.02985815
-2.08%$0.999402
-0.01%$1,602.52
-6.97%$2.57
-1.35%$12.32
-3.95%$0.999844
-0.02%$0.580801
-6.10%$0.086314
-5.38%$1,590.99
-7.04%$76,523.00
-3.61%$16.12
-4.22%$0.00961907
-5.21%$1,462.13
-6.67%$0.0493328
-6.61%$1.71
-2.44%$0.00242071
-2.68%$1.096
0.53%$0.393811
-6.72%Reading
XLM, the native token of the Stellar blockchain, is leading the predominantly sideways crypto markets on Monday, with a remarkable 10% price surge over the past 24 hours.
The latest spike took the price of XLM to a weekly high of $0.125, up nearly 5% on the week, according to data from CoinGecko.
With a market capitalization of $3.4 billion, XLM is currently the world’s 22nd largest cryptocurrency.
While it’s not immediately clear what caused the recent XLM spike, it follows a Twitter/X post on Saturday teasing that "something cool is dropping in 10 days."
The post urges readers to "gear up for a change that's got us all excited."
Something cool is dropping in 10 days.
Get ready to gear up for a change that's got us all excited. Stay curious 😎 pic.twitter.com/CgNzfzwqmc
— Stellar (@StellarOrg) September 2, 2023
Elsewhere in the market, Bitcoin (BTC) is struggling around the $26,000 level after dropping from the $28,000 mark last week. Ethereum (ETH), the market’s second largest cryptocurrency by market cap, is changing hands at around $1,635.
The Stellar blockchain, known for its focus on facilitating cross-border payments and enabling the issuance of digital assets, aims to provide efficient and low-cost solutions for financial institutions and individuals looking to transfer value.
To achieve this goal, the Stellar Foundation has established a number of important partnerships, including the stablecoin issuer Circle and money transfer company MoneyGram International.
In August, the Stellar Foundation also became a minority investor in MoneyGram.
Cross border crypto payments network Stellar today announced an investment in major money transfer company MoneyGram International. In a Tuesday statement, the foundation behind XLM said it had become a minority investor in MoneyGram using money from its own cash treasury. The Stellar Development Foundation's Director of Communications and Public Affairs Ellen Canale told Decrypt that the "investment isn't specific to any particular work" but because "we are confident in the organiz...
Last month, in a move aimed at making the platform more accessible to a wider range of users, the organization behind the development of XLM also announced that it had joined the Bytecode Alliance, an industry group promoting the development of WebAssembly (Wasm), the technology that allows developers to create high-performance applications that run in the browser.
The Bytecode Alliance was founded by several prominent technology companies and organizations, including Mozilla, Fastly, Red Hat, and Intel, among others.
Stellar first indicated it was moving to Wasm in April 2022, citing its “robust execution environment for smart contracts and a thriving ecosystem,” as well as the contribution to “building a safe, scalable system that promotes equitable access.”
Coinbase has now overtaken two of the world's largest securities exchanges in terms of transaction revenue, according to a crypto analyst from the private bank Coutts. The crypto exchange generated $5.75 billion in transaction revenue over the past 12 months, compared to just $4.54 billion for the Nasdaq, where many of the world’s most valuable companies, including Apple, Google, and Microsoft, are traded. Coinbase also surpassed the Stock Exchange of Hong Kong, the HKEX, which generated $2.67 b...
After several extended reviews since June this year, the Securities and Exchange Commission (SEC) has finally approved the first spot exchange-traded funds combining Bitcoin and Ethereum. The agency has authorized Nasdaq to list the Hashdex Nasdaq Crypto Index US ETF and the Cboe BZX Exchange to list the Franklin Crypto Index ETF, according to a filing released Thursday. "The proportion of bitcoin and ether to be held by each Trust will be based on free-float market capitalizations," the filing...
Dogecoin (DOGE) fell 12.4% in the past 24 hours as a broader market decline continues, triggered by the Federal Reserve's latest economic outlook. The meme coin has dropped to $0.31, while trading volume surged 67% to $10.25 billion as holders repositioned their bags. It's now down 35% from its 2024 high of $0.47. Despite the pullback, Dogecoin's market capitalization remains at $46.6 billion, maintaining its position as the seventh-largest crypto. Powell's hawkish comments about higher-than-exp...