The crypto market was on fire yesterday, and today doesn’t appear to be much different. Stellar (XLM), Ethereum (ETH), and NEO are all seeing green, but what’s the reason behind the move?
Stellar (XLM)
Stellar is currently selling for $0.263358, which puts the coin up 18.48% in the past 24 hours.
Source: CoinMarketCap[1]
The jump comes shortly after Stellar announced some exciting news: Stellar Lumens (XLM) can now be purchased with Indian rupees. A crypto exchange in New Delhi – BuyBitcoin – will be offering the option of buying Stellar Lumens (XLM) with Indian rupees. Not everyone is optimistic about this listing, however. Some are wary as the Reserve Bank of India recently placed on ban on cryptocurrency.
Also in the Steller universe, Jed McCaleb, the developer and co-founder of Stellar, will be presenting on April 19 at the BayPay Thought Leadership conference. The event is set to take place in San Francisco. McCaleb will discuss how Stellar got to where it is as well as where Stellar plans on going in both the Bitcoin and blockchain sector. He will be on stage from 5:30 p.m. to 8:00 p.m.
Would you be interested in seeing McCaleb present? If you are, there will be free live streaming of the event for those who register on the BayPay website.
Ethereum (ETH)
Ethereum is currently selling for $515.32, putting the coin up 11.61% in the past 24 hours. Not as much of an increase (percentage wise) as Steller, but we’ll take it.
Source: CoinMarketCap[2]
This is pretty major news. Why? Because it’s the first time Ethereum (ETH) has moved past the $500 mark since March 26.
Most recently in the Ethereum universe,
