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

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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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Posted 9/17/2023, 6:16:08 PM