Stellar

Following a stellar 24% recovery rally throughout August that pushed Bitcoin near the $78,000 mark, a convergence of macroeconomic pressures and sweeping regulatory overhauls triggered a violent $369 million long squeeze, wiping out positions across more than 90,000 leveraged traders.

Bitcoin has posted a stellar monthly recovery, gaining approximately 23.5% to trade near the $78,000 threshold.

MoneyGram officially debuted its native stablecoin, MGUSD, today.

The Depository Trust & Clearing Corporation (DTCC), the backbone of the American financial system, has taken a massive step toward the inevitable convergence of traditional finance and blockchain.

Stellar is a decentralized blockchain platform and cryptocurrency designed to facilitate cross-border payments and enable fast, low-cost transactions. Coinidol.com takes a closer look o XLM token.

Cryptocurrency price have maintained their uptrend this week by consistently rising above moving average lines.

The worst performing cryptocurrencies have retreated to the bottom of the chart. ASTR, XLM, MIOTA, KLAY and FLR price analysis from Coinidol.com.

Weekly cryptocurrency market analysis from Coinidol.com. XRP, Stellar, Synthetix, BitDAO and Solana in the top 5 gainers of the week.

The governments of Brazil and Argentina will discuss the introduction of a common currency between the two countries.