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Stellar (XLM) Debuts New Logo, Saying Goodbye to Rocket Ship

  • Alex Morris
    📰 News

    🚀🗺️Stellar’s rocket ship is going back to open space to further explore the universe, but the company is not ditching the space theme


Stellar (XLM) Debuts New Logo, Saying Goodbye to Rocket Ship
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Stellar Development Foundation has recently announced its plans to redesign the coin’s logo to make in more appealing to financial institutions. Hence, it will ditch the cartoon rocket ship that has defined the company’s brand.

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‘You’ve served as well’   

The design firm Kurppa Hosk was responsible for reimagining the coin’s logo. The foundation shared the main guiding principles that will define its future visual representation.

The new logo was supposed to be versatile since it cannot solely apply only to one financial service. Apart from that, it should be ‘friendly and inclusive.’ While Stellar is saying goodbye to its rocket ship, it didn’t want to abandon the space exploratory theme.


The new logo is here

Stellar is already preparing for global adoption, so it’s looking for unicode that could be used when Stellar (XLM) becomes a standardized currency. Currently, the unicode symbol doesn’t exist, but after ‘the initial exploration’ they came with the idea of a ‘planetary’ circle. After playing around with the initial variants, a new Stellar logo appeared. As you can see, it resembles the letter ‘S’ and the planet Saturn. It will be a perfect fit for a currency symbol.  

new logodollar

The official stellar.org redesign will take place in May. The company claims that it’s a significant step towards changing the face of the company.

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Bitcoin's April 2 Breakout Was Reportedly Orchestrated by One Trader


Bitcoin's April 2 Breakout Was Reportedly Orchestrated by One Trader
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It’s been over two weeks since Bitcoin’s astronomical surge on Apr. 2, but new theories about what might have caused this bullish uptick continue to pop up. According to crypto-oriented analytical firm CoinMetrics, that epic surge was causes by a single trader.

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Mammoth-size trades

CoinMetrics claims that ‘a single committed trader’ concocted a plan to push the BTC price, and he successfully managed to do that by picking the time of the day when the global liquidity is at its lowest level.


(Source: CoinMetrics.io)

(Source: CoinMetrics.io)  

The report also suggests that the trader started to execute his plan on HitBTC (500,000 USDT were traded for Bitcoin prior to the price movement). After that, large trades were observed on Coinbase and Bitfinex.      

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Focusing on the future

Meanwhile, as reported by U.Today, another theory states that the rapid price surge was triggered by the expiration of the CME futures contracts and heavy spot and over-the-counter buying. One expert went as far as claiming that a simple April joke about the Securities Exchange Commission (SEC) could do the trick.

While no one is quite sure about what could have triggered the short-living rally, there is even a bigger disconnect when it comes to Bitcoin price predictions. While some share their bullish predictions for 2019, another report states that it could take 22 years for Bitcoin in order to match its current ATH of $20,000.

Cover image via ru.123rf.com
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