Cryptocurrency Prices Today, November 23: The broader market movement on Saturday sparked bullish momentum globally. Bitcoin remains steady at $98K, while major altcoins like ADA, XRP, and AVAX surged between 14% and 25%.
This week, the crypto economy soared to an astounding $3.29 trillion. Bitcoin (BTC) rose by 10%, while ether (ETH) followed closely with a 9% uptick. Meanwhile, a wide array of alternative digital currencies posted impressive gains, with many achieving growth in the double- and even triple-digit range.
Stellar Lumens (XLM) has been on an impressive upward trajectory recently, drawing attention for its rapid price surge. With high-profile collaborations and endorsements from the United Nations and the World Bank, XLM is positioned as a key player in the future of global finance.
Cosmos (ATOM) has experienced a remarkable surge, rising by nearly 65%. This upward movement has brought the altcoin above significant technical levels, including the critical 200-day Exponential Moving Average (EMA), which is often seen as a key indicator of long-term trend reversals.
Dogecoin hit its highest price in over a week, but other altcoins are seeing massive gains as Bitcoin approaches the $100,000 milestone.
Stellar Lumens continued its strong comeback, rising for three consecutive weeks and reaching its highest level since 2021. Stellar (XLM) price jumped to $0.3052, driven by the ongoing cryptocurrency bull run and the fear of missing out.
Stellar (XLM) has been on fire lately. In just 24 hours, its price jumped 20%, and over the past week, it's up an eye-popping 124.86%, hitting $0.30. That's the highest it's been since December 2021.
Stellar (XLM) price has surged more than 20% in the last 24 hours and is up an impressive 124.86% over the past seven days, reaching $0.30, its highest price since December 2021. This rapid ascent reflects strong bullish momentum, supported by key indicators like RSI, which remains in the overbought zone.
Stellar (XLM) breaks out of consolidation, aiming for $0.7, $0.9, and higher targets. The Federal Reserve considers XLM for blockchain solutions in its FedNow payment system.
XLM price has been the second-highest gainer among the top 100 crypto assets and repeating this week's heroics will set a new record high.
A large liquidation of Ethereum holdings has been observed from the Cosmos developer Interchain Foundation, with another 3,000 ETH ($10.16M) sold from their 2017 ICO reserves. This continues a pattern of sales that has seen 21,600 ETH ($55.97M) liquidated since April 2024, with an average selling price of $2,591 per ETH.
The Stellar network is an open-sourced, public blockchain powered by the Stellar Consensus protocol (SCP), a proof-of-agreement (PoA) consensus mechanism. Last week, Stellar (XLM) saw a huge price surge of 35% in just 24 hours, reaching about $0.243, driven by whale activity and a bullish golden cross signal.
Bitcoin (BTC/USDT) is once again flirting with the $100K level, but this time, it's not alone in the spotlight. Ethereum has finally woken up, signaling the long-awaited start of altcoin season.
Hyve, a data availability protocol secured by the permissionless shared security platform Symbiotic, has announced a collaboration with Lido to introduce wrapped stETH as its first collateral.
TL;DR Cycles is a proposal from Informal Systems for a decentralized clearing system, led by Ethan Buchman, co-founder of Cosmos. The system aims to eliminate traditional intermediaries (such as banks) and allow any user to participate in a blockchain-based multilateral settlement process.
The objective of Cycles is to “clear the most debt for the most people with the least money,” Informal Systems' CEO Ethan Buchman said.
Stellar (XLM)'s Meridian event showcased innovative projects like Skyhitz and HoneyCoin, highlighting the collaborative spirit among developers in the Stellar ecosystem.
A federal court in California has ruled that members of Lido DAO, the decentralized autonomous organization (DAO) behind the popular Lido staking protocol, are legally liable under the state's partnership laws. This ruling marks a significant step in the ongoing efforts to clarify the legal status of decentralized organizations within the United States and could have broad implications for the crypto space.
A significant legal development occurred for Lido DAO as the U.S. District Court for the Northern District of California ruled against the decentralized autonomous organization (DAO) in a high-stakes lawsuit. Lido DAO had argued that it was not a legal entity and, therefore, could not be held accountable in court.
A recent ruling by the U.S. District Court for the Northern District of California has determined that Lido DAO, a cryptocurrency staking platform, qualifies as a general partnership under state law.
Lido DAO's efforts to shrug off a securities case have fallen through.
A recent ruling from a California court has implications for decentralized autonomous organizations (DAOs), especially those involved in Ethereum (ETH) liquid staking.
An unlikely outcome has resulted in a case reported by an investor against Lido DAO. The court has ruled that since Lido DAO is an association of more than two persons, it falls under partnership laws.
Judge Vince Chhabria, in his ruling, raised concerns about whether individuals in the cryptocurrency industry can avoid legal accountability by using unconventional legal structures to profit from innovative financial instruments.
The U.S. District Court ruled that Lido DAO is a general partnership under California law. The court ruled that Lido DAO participants can be held liable despite its decentralized structure.
A federal court in California has ruled that members of the Lido DAO can be held liable under state partnership laws.
Chainlink, Arweave and Cosmos are among altcoins showing a bullish outlook as investors target Bitcoin (BTC) move to $100k. This means that while leading altcoins like Ethereum, Solana and XRP are firmly on traders' radar, LINK, AR and ATOM are also attracting attention.
The altcoin market is buzzing with activity as several key players show promise in the current market. From Solana's rise to the developments surrounding Ripple's XRP, there's much to keep an eye on. Here's a look at some of the altcoins currently in the spotlight, based on the latest analysis from CryptosRus.
Stellar (XLM) has had an impressive run recently, surging by 43.44% over the past 8 days. The cryptocurrency moved past key resistance levels, gaining attention from traders and investors alike.
Stellar (XLM)'s Horizon API enhances data reingestion speeds by integrating CDP components, achieving performance improvements up to 9 times faster compared to traditional methods.
Investment management company Franklin Templeton recently revealed plans to move assets worth $1.7 trillion to blockchain. According to the firm's representative, they will use the Stellar (XLM) platform to reduce transaction costs and bolster operational efficiencies. Franklin Templeton adopts Stellar Franklin Templeton's rep highlighted that blockchain technology will help the firm reduce costs.
The $0.1-$0.103 area has been a significant resistance since August, but Stellar was quick to rocket past it.
Story Highlights The live price of the Cosmos token is . The Cosmos price could reach a potential high of $10.24 by the end of 2024. ATOM price could reach a potential high of $56.71 by the year 2030. Cosmos (ATOM) price boomed recently and surprised many, including many big hands.
The crypto market today has demonstrated a rather modest rise, increasing by 1.51% over the last day, bringing the total market cap to $2.98 trillion. The trading volume rose significantly, up by 35.59% to $358.59 billion.
Latest updates on the coins ATOM, MATIC, and TAO.
Stellar (XLM) has been a crucial player in the cryptocurrency ecosystem, particularly known for its focus on cross-border payments and decentralized finance (DeFi). With a current price around $0.10, Stellar remains within the top 30 cryptocurrencies by market cap.
Cosmos (ATOM) has shown a promising 15% recovery in the last two days, but it now faces key resistance levels that could determine the future of its price action. Traders eyeing a potential long position should monitor critical technical indicators before making any moves.
ATOM is eyeing a key EMA resistance - Here's what that means!
Paradigm Capital, a prominent player in the cryptocurrency investment space, has made a significant move involving 70 million Lido DAO (LDO) tokens amid the ongoing crypto bull market. In a strategic transfer that took place over the past six hours, Paradigm Capital moved 8.18 million LDO tokens worth approximately $11.29 million to Coinbase Prime.
Crypto prices today stirred a whirlpool of speculations among market watchers globally, showcasing mixed price actions. While Bitcoin (BTC) maintained a trading session in the green at the $75K level, altcoins mainly reflected a turbulent market sentiment.
The Stellar (XLM) Development Foundation's Q3 2024 report highlights robust network growth, strategic investments, and key integrations enhancing the Stellar ecosystem.
LDO rallies 32% with bullish momentum building, supported by rising volume and positive metrics.
Bitcoin (BTC) surged to a new all-time high following Donald Trump's resounding victory in the US presidential elections. BTC surged to $76,460 hours following Trump's victory, as the crypto market surged to new highs.
The crypto market continued its upward surge, posting a strong 7.41% increase over the past 24 hours and lifting the global market cap to an impressive $2.46 trillion. Trading volumes soared by an astounding 128.03%, touching $192.7 billion.
Lido DAO recorded a strong bull run as positive sentiment surrounds the crypto market. Data shows increased whale accumulation around the asset.
Lido DAO price fell sharply as the broader crypto market pared gains alongside Bitcoin's dip to near $70,700. On Oct. 31, the price of Lido DAO (LDO) declined over 10% to trade near $1.05 before regaining some ground.
Bitcoin (BTC) is teasing a record high after it peaked at $73,464 on October 30, bringing it within touching distance of its all-time high of $73,750. However, the cryptocurrency has registered a marginal decline during the ongoing session and is trading just above $73,200.
In an interview with Cryptonews.com, Sunny Aggarwal, co-founder of Osmosis, shared his insights on the Cosmos ecosystem and more! The post Sunny Aggarwal on the Cosmos Ecosystem, Osmosis DEX, and Bitcoin-Based DeFi | Ep. 382 appeared first on Cryptonews.