Search results for Stellar Lumens
Crypto
XRP may dodge September weakness as ETF flows, U.S. Clarity Act vote draw focus
XRP is showing strength ahead of September, a month often seen as weak for cryptocurrencies. U.Today reported XRP has closed higher in September 5 times and lower 3 times since 2018, with an average return of 12.19 percent. An analyst cited chart patterns shared with XLM and bitcoin, record weekly inflows into spot XRP ETFs and Goldman Sachs holdings. Attention is also on a Sept. 15 U.S. Senate vote and a 1 billion XRP escrow release.
Crypto
U.S. court seizes $8.37 million in crypto from ransomware negotiator accused of aiding hackers
A U.S. court has seized $8.37 million in cryptocurrency from ransomware negotiator Angelo Martino (안젤로 마르티노), accusing him of betraying clients and helping hackers press ransom demands. The U.S. District Court for the Southern District of Florida ordered forfeiture of a portfolio including bitcoin, monero, XRP, stellar lumens and a small amount of SOL. Authorities also targeted two luxury homes in Florida, vehicles and a motorboat. Martino was sentenced to 70 months in federal prison.
Crypto
CME, Nasdaq launch crypto index futures spanning bitcoin to XRP
CME Group has begun trading cryptocurrency index futures developed jointly with Nasdaq. The product is CME’s first market-capitalisation-weighted crypto futures contract and is based on the Nasdaq CME Crypto Settlement Price Index, which includes eight cryptocurrencies: bitcoin, bitcoin cash, ether, Solana, XRP, Cardano, Chainlink and Stellar Lumens. The contracts come in full-size and micro versions and are cash-settled. CME also reported higher crypto derivatives volumes this year.
