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 is currently selling for $0.263358, which puts the coin up 18.48% in the past 24 hours.
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 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.
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, Vitalik Buterin, founder of Ethereum, voiced his opinion on Twitter regarding the forthcoming Ethereal Summit. This summit will take place May. It acts as a way for entrepreneurs, investors, celebrities, and government officials to come together to discuss the cryptocurrency and blockchain sector. That’s not all, though – there are going to be meditation sessions led by Deepak Chopra at the summit. The Ethereum community is not happy including Chopra in the event, causing the Ethereum founder to tweet that Chopra is not only a “fraud,” but he is also the “Craig Wright of yoga.”
Another one! NEO is in green territory today, currently selling for $66.46. This puts the coin up 9.29% in the past 24 hours.
The increase comes as NEO prepares for this month’s European tour. There will be various workshops and conferences at these events. NEO will be kicking off the tour tomorrow in Amsterdam before moving onto Lisbon (April 17), Madrid (April 20), Paris (April 22), Vienna (April 24), and Zurich (April 26).
What’s your favorite coin of the day so far? Mine’s Stellar (XLM)!
Featured Image: twitter