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    AI 🤖Business 💼Cryptocurrency 💰Economy 🏛️Politics 🥸Stock Markets 🤑Technology 🛠️
    Posted 9/17/2023, 6:16:08 PM

    Crypto News: Elba Ad Fails to Boost Stellar, OneCoin Co-Founder Sentenced, More Ethereum ETFs Coming Despite Binance Troubles

    • Idris Elba commercial fails to boost Stellar's XLM price, leads to 11% drop instead

    • Warning that hack of Swan Bitcoin's custodian Fortress led to customer funds being lost

    • Sentencing of OneCoin co-founder to 20 years in $4B crypto scam

    • More Ethereum spot ETF applications continue to roll in

    • Ongoing issues at Binance with CEO resignation, layoffs, and potential legal troubles

    decrypt.co
    Relevant topic timeline:
    8/21/2023
    Stellar price prediction as XLM battles to retain upward trend
    Stellar (XLM) experienced a promising rebound along with other altcoins, but the gains were short-lived as XLM's fortunes quickly reversed, resulting in significant losses and uncertainty regarding its future trajectory.
    8/24/2023
    Benjamin Cowen Reveals Massive Downside Target for Ethereum, Says ETH Is ‘Coming Home’ - The Daily Hodl
    Crypto analyst Benjamin Cowen believes that Ethereum (ETH) needs to drop further before it can reach new all-time highs, as it must first align with its fair-value logarithmic regression trendline, creating an attractive accumulation range between $400 and $600.
    9/4/2023
    XLM Surges 10% As Stellar Teases 'Something Cool' on the Horizon - Decrypt
    XLM, the native token of Stellar, surged 10% to a weekly high of $0.125, becoming the world's 22nd largest cryptocurrency, while Bitcoin struggles and Ethereum trades at around $1,635; Stellar aims to promote efficient cross-border payments and has established partnerships with Circle and MoneyGram International.
    9/12/2023
    Stellar Price Faces Pivotal Moment After Breakout Attempt
    The Stellar (XLM) price has broken out from a descending resistance line, but its ability to reclaim the $0.13 level will determine the future trend, with both weekly and daily timeframes suggesting a bullish outlook.
    9/16/2023
    Crypto Market Stable as Toncoin Rallies and PayPal Advances Crypto Offerings
    Bitcoin (BTC) and Ethereum (ETH) experienced stable prices over the week, while Bitcoin Cash (BCH) and Toncoin (TON) saw notable price increases, and Stellar (XLM) suffered a decrease; Sony is developing a blockchain network in collaboration with Startale Labs, PayPal launched crypto to USD off-ramps, and Deutsche Bank partnered with Taurus for custody and tokenization services.
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