This week, the digital money world highlights notable events from BlockDAG, Stellar, and Avalanche.
Avalanche Crypto Card Launch
The Avalanche Foundation, alongside Rain Liquidity, announced the launch of a crypto card enabling the use of USDC, USDT, wrapped AVAX, and AVAX for global payments at Visa-accepting locations. It offers safety features like spending alerts and freezing, and is available in Latin America and the Caribbean.
Stellar (XLM) Price Decline
The price of Stellar (XLM) has dropped by 9.74%, with concerns of a further 35% decrease due to a 'death cross' on the chart as the 50-day moving average falls below the 200-day. The RSI is below 50, indicating increased selling pressure.
BlockDAG Halborn Certification
BlockDAG has received Halborn approval, confirming network security, and is undergoing Certik audit. These steps showcase its readiness to become a leading Layer-1 blockchain, providing users with confidence in security.
This week's crypto developments emphasize the importance of security certification and price stability in attracting investors.