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Stellar Edges 0.97% Higher to $0.279 as Volume Jumps 60% Above Weekly Average

Stellar (XLM) advanced 0.97% to $0.279, outperforming the wider crypto market, aided by a significant 59.61% increase in trading volume compared to the weekly average. This surge in activity is indicative of institutional accumulation as XLM recently broke through the pivotal resistance level at $0.281. Support has been confirmed at $0.256 and key upside potential is projected towards $0.285. During the trading session, XLM demonstrated consistent higher lows and a controlled volatility environment with a 9.4% range. Notably, peak trading volume reached over 127 million tokens, suggesting that professional investors are positioning themselves positively in this upward trend. The bullish technical momentum is strengthened with strategic short-term risk anchors established at $0.276 and $0.270.

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Record $1.26B Outflow Hits BlackRock Bitcoin ETF as Bearish Options Cost Soars

BlackRock's Bitcoin ETF, IBIT, has encountered a monumental net outflow of $1.26 billion in November, marking the most significant withdrawal since its inception in January 2024. This outflow comes amidst a price decline of 16%, bringing the share price down to $52, a level not seen since

Mastercard Picks Polygon to Bring Verified Usernames to Self-Custody Wallets

Mastercard has announced its collaboration with Polygon to introduce a system allowing users to send cryptocurrencies using verified usernames instead of lengthy wallet addresses. This new feature, referred to as the Mastercard Crypto Credential, aims to enhance security and user-friendliness in crypto transactions. By utilizing the services of Mercuryo, a

Bitcoin Dominance is Bleeding With Price, But Market Observers Say Altcoin Season is on Hold

Bitcoin's recent decline in price and dominance rate indicates a broader market deleveraging rather than a straightforward rotation into altcoins. While Bitcoin has dropped nearly 16% this month, its dominance has slipped from 61.4% to 58.9%. Despite speculation about an upcoming 'altcoin season', many

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