The Depository Trust and Clearing Corporation (DTCC) revealed plans to enable tokenization of assets custodied by the Depository Trust Company (DTC) on the Stellar (XLM) blockchain, with availability expected in early 2027. This announcement caused XLM prices to jump nearly 15% within 24 hours, driven by strong trader interest and capital inflows. However, technical analysis suggests the current momentum may be short-lived, with key resistance near $0.185 and a bullish trend shift requiring a rally beyond $0.255. Traders are advised to be cautious and consider selling near resistance while watching for potential bearish signals below $0.136.
Stellar (XLM) surged up to 20% following the announcement that the Depository Trust & Clearing Corporation (DTCC), a major Wall Street clearinghouse, plans to connect its tokenized securities platform to the Stellar network by 2027. This move support...
Stellar's XLM token surged over 8% after DTCC and the Stellar Development Foundation announced a partnership to integrate DTC's tokenization service with the Stellar blockchain, aiming to launch tokenized assets by the first half of 2027. This move s...
On May 28, major cryptocurrencies Bitcoin (BTC) and USD Coin (USDC) experienced significant net outflows of approximately $200 million and $184 million respectively, signaling a risk-off sentiment in the crypto market. Ethereum (ETH) also saw a net o...
NEAR's price surged strongly due to its focus on AI infrastructure, breaking key resistance and moving above major averages, signaling bullish momentum. In contrast, Bitcoin faces resistance near $81-82k with weak momentum and may retest support arou...
The Depository Trust & Clearing Corporation (DTCC) and the Stellar Development Foundation (SDF) announced a partnership to enable tokenization of traditional assets on Stellar's public blockchain. This move aims to explore tokenizing highly liquid as...
