The post XLM Surges to $0.22 After Liquidation Sweep appeared on BitcoinEthereumNews.com.
XLM jumps from $0.14 to $0.22 after short liquidations near $10M, with traders tracking $0.24 and $0.25 resistance zones. XLM moved sharply from the $0.14 zone to near $0.22 after several flat sessions, as traders tracked a rapid sweep of leveraged short positions. The move placed Stellar back into a key resistance area, while market data shared by traders pointed to fresh liquidation pressure near $0.24 and $0.25. XLM Breaks Out After Six-Day Base Stellar traded near $0.14 for about six days before the sharp move higher. The price then climbed toward $0.22 within 48 hours, based on the chart data. The breakout followed a long period of weak price action. XLM had been moving inside a lower range after a broader decline from earlier highs. that XLM heatmap just told me everything 👀 flatlined at 0.14 for 6 days… then exploded to 0.22 in 48 hours 371M in liquidation leverage sitting at 0.18 got swep
The post Stellar ($XLM) Surges 33% As DTCC Eyes Tokenization Integration appeared on BitcoinEthereumNews.com.
$XLM, the native token of Stellar, has witnessed a notable spike on Friday, expressing a resurgence in institutional momentum. Particularly, $XLM’s price has jumped by a staggering 33.7% amid the tokenization plans of the U.S. Depository Trust & Clearing Corporation (DTCC). As per the data from CoinGecko, the latest rally of $XLM is crucial, showing the rapid sentiment shift amid the wider blockchain integration. In this respect, the DTCC intends to link the tokenized securities thereof to the Stellar network by the year 2027. $XLM Sees Wider Momentum as DTCC Integration Triggers Trading Frenzy While heading into June, Stellar’s $XLM token is making noteworthy progress, with this Friday expressing a 33.7% rise. This occurs after the US DTCC’s announcement of the plans to integrate its tokenized securities entity into the Stellar ecosystem. This development will reportedly be fi
The post Why is the Stellar (XLM) price up today? appeared on BitcoinEthereumNews.com.
The post Why is the Stellar (XLM) price up today? appeared first on Coinpedia Fintech News XLM Coin News: Stellar’s native token, XLM, rose more than 95% in two days following DTCC’s decision to integrate its tokenized securities platform with the Stellar network. The gain came while Bitcoin and Ethereum were under pressure from ETF outflows, geopolitical tensions in the Middle East, and uncertainty around interest rates. While much of the … Source: https://coinpedia.org/news/why-is-the-stellar-xlm-price-up-today/
The post Bitcoin Calms at $73,000, Stellar Explodes by 25% Daily: Weekend Watch appeared on BitcoinEthereumNews.com.
Bitcoin’s price has steadied at slightly above $73K, while XLM extends weekly gains to 80%. The cryptocurrency market has steadied somewhat over the past 24 hours, following a painful correction that pushed Bitcoin and most large-cap altcoins lower during the week. However, Stellar (XLM) continues to be the clear outlier from the top alts, posting yet another massive daily surge while the broader market remains under pressure. BTC Price Calms Above $73K Bitcoin’s most recent weekly correction took the asset south when it slipped below $73,000 amid renewed pressure across crypto markets. The primary cryptocurrency has recovered since then and gained some ground, now trading at $73,400. Its intraday moves have not been without volatility, however. The price ranged between $72,200 and $74,200 before finally settling down at the current levels as the weekend starts. Bitcoi
Overview of Lyra Finance, its on-chain options model, token utility, ecosystem context, and key risks for traders and tokenholders.
The post Lyra Finance: What It Is, How The Token Works, And Key Risks appeared first on BiteMyCoin.
The post Why is Stellar Lumens (XLM) Up 20% Today? appeared on BitcoinEthereumNews.com.
Stellar (XLM) managed to stage a powerful independent breakout. Defying the flat price action observed across major digital assets like Bitcoin and Ethereum, the native asset of the Stellar network surged aggressively within a 24-hour window, slicing through long-standing overhead technical resistance to peak near the $0.29 mark before entering a localized retracement. This unexpected decoupling has caught the attention of the global trading community, triggering a massive influx of capital into the payment-focused blockchain. The DTCC Integration: A Structural Shift for Wall Street Assets The primary catalyst behind the sudden $XLM price surge stems from a monumental announcement by the Depository Trust & Clearing Corporation (DTCC). The market infrastructure giant, which processes quadrillions of dollars in securities transactions annually, revealed plans to integrate its digital asset tokenizat
XLM jumps from $0.14 to $0.22 after short liquidations near $10M, with traders tracking $0.24 and $0.25 resistance zones. XLM moved sharply from the $0.14 zone to near $0.22 after several flat sessions, as traders tracked a rapid sweep of leveraged short positions. The move placed Stellar back into a key resistance area, while market […]
The post XLM Surges From 0.14 To 0.22 As Liquidation Leverage Gets Swept appeared first on Live Bitcoin News.
Traders watching Stellar’s 40% weekly surge are now turning their attention to XRP, asking whether the older and larger token could be next. The two assets share a long history of moving in tandem, and some analysts say the setup is starting to look familiar. Related Reading: Unknown Wallet Destroys $8.5 Million In Bitcoin In Shocking Burn XRP And XLM: A Recurring Pattern Analyst Kevin Cage pointed out that while XLM broke out after months of sideways trading, XRP has remained range-bound. Reports indicate that if momentum picks up, some traders are projecting a move toward the $1.76 to $2 range for XRP sometime in June. XRP itself posted a 2.50% gain in the past 24 hours, though it remains down 2.50% over the last seven days and about 5% over the past month. The price was last seen hovering near the $1.23 to $1.30 liquidity zone on Coinbase‘s spot market. $XRP orderbook on Coinbase is still heavily skewed towards bids (nearly 7x on the large bands) Now this doesn’t automatically mean
