Evolve or die: How smart contracts are shifting the crypto sector’s balance of power

Smart contract capabilities are rendering old-school megalithic crypto projects obsolete as blockchains evolve beyond just being a medium of exchange. One of the familiar themes seen in previous crypto market cycles is the shifting market caps, popularity and ranking of the top 10 projects that see significant gains during bull phases, only to fade into obscurity during the bear markets.

Stellar Development Foundation Takes Part In Abra $55 Million Series C Funding

Leading wealth management platform Abra completed a Series C funding with participation from the Stellar Development Foundation.

Valued under $2, XRP, Algorand, MATIC, Stellar can generate higher returns if...

After some high gains, high euphoria, and higher greed, the market underwent a flash crash leaving investors and traders baffled.

Crypto Market Is ‘Development Vector’ of Nation’s Digital Economy, Ukraine President Says

President of Ukraine Volodymyr Zelensky has highlighted the importance of launching a legal digital assets market in his country during a working visit to the US The Ukrainian head of state met with top investors including from the cryptocurrency industry.

Does Stellar stand a chance against Bitcoin, Ethereum, Ripple

Stellar Lumens began with a promise, however, it’s being forgotten.

Stellar, Binance Coin can’t compete like Solana unless this happens

Bitcoin gaining momentum has been a good time for alts to rally.

$52K Bitcoin price triggers rally in large caps like Litecoin, Stellar and Bitcoin Cash

Bitcoin’s steady climb toward new highs is bringing about the usual breakout from legacy altcoins like LTC, BCH and XLM. Bitcoin (BTC) has been the uncontested cryptocurrency market leader since its creator launched the digital asset in 2009 and to date, it continues to be the dominant force in the industry. This truth was put on display on Sep.

Blockchain security company GK8 announces custody partnership with Stellar

Demand for institutional-grade blockchain solutions is on the rise as banks and traditional financial institutions look to invest in cryptocurrencies.

XRP, Filecoin, Stellar Price Analysis: 06 September

With Bitcoin finally breaking above $50K, altcoins also followed a northbound trajectory.

Ethereum, Stellar, Uniswap Price Analysis: 04 September

Ethereum recorded an upward movement of 3% while eyeing its multi-month high of $4033.17.

An Introduction To Stellar And XLM: Mission, Control, And Consensus

This project is an enigma. On the one hand, Stellar is not for profit, it doesn’t have owners or shareholders, and strives to be somewhat decentralized.

XRP, Chainlink, Stellar Price Analysis: 28 August

The altcoin market flashed gains since the last 24 hours, but also signaled at potential price pullbacks.

This is why Dogecoin and Shiba Inu are not what they used to be anymore

With the market currently engrossed in mapping the Bitcoin and Ethereum price movements, some altcoins such as Dogecoin also made stellar gains.

Trade crypto derivatives with Delta Exchange

Delta Exchange is arguably one of the finest exchanges for trading Bitcoin, Ethereum, Ripple, Stellar Lumen, and other leading cryptocurrencies with leverage.

XRP, Litecoin and Two Other Altcoins Ready To Wake Up and Launch New Rallies, According to Top Crypto Strategist

Prominent crypto strategist and trader Michaël van de Poppe is keeping a close watch on XRP, Litecoin and two other altcoins that he says are close to waking up.

Monero, Stellar, AAVE Price Analysis: 22 August

Major cryptocurrencies demonstrated mixed trading so far, with Bitcoin reversing its losses by 0.2% as prices stood at $49K.

Bitcoin Cash v. Stellar: This altcoin has the potential to perform better in the coming days

Despite Bitcoin's hesitancy to climb above the $48k mark this week, the global crypto market cap reflected a value of $2.04 trillion at the time of writing.

Chilean Peso stablecoin goes live on Stellar Network

Chilean Peso-pegged stablecoin CLPX launched on Stellar this week, and is hoping to gain traction in the remittance and copper markets.

Stellar blockchain remittance corridor to power Thailand–Europe payments

The new cross-border remittance corridor will be hosted on the Stellar blockchain and serve around 600 million customers. Cross-border remittance currently stands as one of crypto’s best use cases that will thrust it into mainstream finance.

Crypto Analyst Predicts Massive Ethereum Breakout, Forecasts New Bitcoin All-Time High by November

A prominent crypto analyst says that he expects both Bitcoin and Ethereum to put up stellar performances toward the end of the year.

World Economic Forum Outlines Speed of Cardano, XRP, Solana, Celo, Alogrand and Stellar Lumens

The World Economic Forum (WEF) is outlining the speeds at which several crypto assets, including Cardano, XRP, Solana, Celo, Alogrand and Stellar Lumens, can process transactions.

Just HODL! Bitcoin and Ethereum outperform ‘lower risk’ crypto index funds

Data from Delphi Digital shows holding BTC and ETH was more profitable than investing in weighted average market cap crypto and DeFi index funds. In the past two decades, index and exchange-traded funds (ETF) have become some of the most popular forms of investing because they offer investors a passive way to gain exposure to a basket of stocks as opposed to investing in individual stocks which increases risk of loss. Since 2018, this trend has extended to the crypto sector and products like the Bitwise 10 Large Cap Crypto Index (BITX) tracks the total return of Bitcoin (BTC), Ether (ETH), Cardano (ADA), Bitcoin Cash (BCH), Litecoin (LTC), Solana (SOL), Chainlink (LINK), Polygon (MATIC), Stellar (XLM) and Uniswap (UNI).

Crypto Platform Stellar Looking To Acquire Payments Giant MoneyGram: Report

The Stellar Development Foundation reportedly wants to acquire payments giant MoneyGram.

Stellar Foundation Eye MoneyGram Takeover

Money transfer provider MoneyGram has been reportedly approached by the Stellar Development Foundation over potential acquisition.

XLM Rallies as Stellar Is Said To Be Mulling MoneyGram Acquisition

Amidst the most recent news of potential acquisition involving US money-transfer giant Moneygram and the Stellar Development Foundation, stellar (XLM) rallied. At 08:52 UTC, XLM, ranked 17th by market capitalization, trades at USD 0.253 and is up by 17% in a day, 5% in a week, and 163% in a year.

DoJ’s crypto czar joins FinCEN in brand-new role: Why it matters

Michele Korver’s appointment to the US Financial Crimes Enforcement Network promises to reduce illicit financial practices within the crypto space. In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.Talk about ending a stellar career at the United States Department of Justice with a bang.

Stellar Lumens, Synthetix, UNI Price Analysis: 07 July

It has been quite a mixed time for the crypto-market.

Stellar To Introduce AMM Functionality, What This Means For Its Ecosystem

The Stellar Development Foundation (SDF) will enable an automated market maker (AMM) functionality via Protocol 18.

The USDC Stablecoin Will Soon Expand Its Reach To 10 More Networks

The second biggest stablecoin by market capitalization is already a multi-blockchain project.

Pillar releases V2 of the first community-run multichain wallet cutting gas fees by 99%

The second iteration of Pillar’s flagship crypto wallet is launching in a period of stellar growth for the wider cryptocurrency industry as crypto assets across the board see their valuations soar.

Pillar V2, First Community-Run Multichain Wallet Cuts Gas Fees by 99%

Disclaimer: The text below is a press release that was not written by Cryptonews.com. 28th June 2021, London, United Kingdom - The second iteration of Pillar’s flagship crypto wallet is launching in a period of stellar growth for the wider cryptocurrency industry as crypto assets across the board see their valuations soar.

Institutional Money Moving to Cardano and Stellar As Bitcoin and Ethereum Take a Breather: CoinShares

Emerging blockchain platform Cardano (ADA) and open-source blockchain payment platform Stellar Lumens (XLM) are capturing the attention of institutional investors, according to digital asset investment firm CoinShares.

Bitwise secures $70M in Series B funding from major Wall Street investors

Bitwise has attracted significant investment from major American institutional investors to the tune of $70 million. Bitwise, a four-year-old crypto asset management firm has closed a Series B funding round, raising $70 million in fresh capital from investors.According to a report by CNBC on Tuesday major Wall Street figures like billionaire investor and Bitcoin (BTC) proponent Stanley Druckenmiller and David McCormick, CEO of asset management giant Bridgewater participated in the funding.Commenting on the stellar cast of investors, CNBC quoted Bitwise CEO Hunter Horsley stating that the company was keen to attract major Wall Street and crypto backers.Bitwise will reportedly utilize the newly raised funds to beef up its balance sheet as well double the size of its team.

Stellar’s Lisa Nestor: Crypto Wallets Anywhere In The World Can Now Have Savings Accounts (Interview)

Stellar's Senior Strategists of Ecosystems speaks with CryptoPotato about the project's latest products, regulatory concerns, the 2021 bull market, and more.

Bitcoin, Stellar Lumens, Ethereum Classic Price Analysis: 15 June

Supported by MicroStrategy’s bid to buy Bitcoin, the coin finally breached the $40,000 mark during the early hours of trade today.

Ethereum, Stellar Lumens, VeChain Price Analysis: 14 June

Even though Bitcoin climbed back above $39,000 after a jump of 8% in a single day, not all coins witnessed a surge in value.

Stellar Lumens, Cosmos, THETA Price Analysis: 05 June

With the fate of the global cryptocurrency market resting on Bitcoin's recovery, altcoins such as Stellar Lumens, Cosmos, and THETA registered bullish movements after the king coin looked to reclaim $The post Stellar Lumens, Cosmos, THETA Price Analysis: 05 June appeared first on AMBCrypto.

Stellar Network To Power New Savings API Launched By Wyre

Stellar Development Foundation (SDF) CEO, Denelle Dixon, celebrated the result of a partnership with the payment infrastructure Wyre.

What to expect from the Miami Bitcoin 2021 conference

Miami is about to host thousands of attendees for the Bitcoin 2021 conference — here are some of the major appearances and talking points to watch for. From Thursday through Saturday, a throng of crypto faithful will gather at the Mana Wynwood Convention Center in Miami for the Bitcoin 2021 conference. Bitcoin 2021 perhaps holds even greater significance than usual, as participants can gather in a physical location after COVID-19 restrictions forced many other crypto conferences to go virtual.This year’s conference boasts a stellar cast of members of Congress, celebrities, cryptographers, CEOs and other crypto proponents, with the total attendance anticipated to exceed 50,000 people.Some of the personalities expected at the event include Miami Mayor Francis Suarez, Bitcoin (BTC) permabull and MicroStrategy CEO Michael Saylor, Twitter’s Jack Dorsey and the Winklevoss twins — Cameron and Tyler Winklevoss — among others.Mayor Suarez recently revealed that he bought Bitcoin after the United States Senate passed its $1.9 trillion stimulus bill back in March.Bitcoin 2021 will also see pro-crypto government officials like Wyoming Sen.

Binance Coin, EOS, Stellar Lumens Price Analysis: 03 June

Bitcoin’s price jumped up by 7.87% in the last 24 hours, with the king coin trading at $38,645, at press time.

What to expect if Stellar Network's Protocol 17 vote goes through today?

It's a crucial time for Stellar, the popular blockchain network, with its native cryptocurrency XLM attempting to recover on the price charts following the Bitcoin-triggered depreciation over the lastThe post What to expect if Stellar Network's Protocol 17 vote goes through today? appeared first on AMBCrypto.

Coinbase debuts crypto rebate for online shopping via Apple Pay and Google Pay

Whitelisted Coinbase Card users will beable to use crypto to pay on Apple Pay and Google Pay while earning up to 4% inrebates. Online shoppers who pay with their Coinbase Card on Apple Pay and Google Pay will begin enjoying crypto rebates.In an announcement on the Coinbase blog issued on Tuesday, the exchange service revealed that starting in June, some whitelisted customers will be selected to begin enjoying the crypto rebate feature.As part of the announcement, Coinbase revealed that customers who use their Coinbase Card on Apple Pay and Google Pay can earn up to 4% in crypto rewards for online shopping.“Splurging for guacamole with your Coinbase Card is a no-brainer when you can earn 1% back in Bitcoin or 4% back in Stellar Lumens,” the announcement added.As previously reported by Cointelegraph, Coinbase became a direct Visa card issuer back in February 2020.

Stellar Lumens, Ethereum Classic, EOS Price Analysis: 30 May

Stellar Lumens eyed a 20% jump in case of a breakout above $0.465.

Stellar Lumens, THETA, Aave Price Analysis: 25 May

A denial above $0.45-resistance could see Stellar Lumens trade towards $0.388 support before the next leg upwards.

Stellar Development Foundation invests $15M in Mexico crypto exchange

Airtm is aiming to solve a myriad of financial challenges in Latin America tied to last-mile remittance, affordability and equitable access to the global banking system.

Polkadot, Stellar Lumens, Uniswap Price Analysis: 24 May

Polkadot's rally could peak at $30, something that would highlight a jump of 100% in just two days.

Stellar Lumens, Algorand, Dash Price Analysis: 21 May

Market leaders Bitcoin and Ethereum were yet to recover key levels post the crypto-dump, at press time, with BTC still trading at around $40k and ETH at $2,700.

XRP Price Rises 17%, Stellar Sets All-Time High

XRP and Stellar are performing admirably on an otherwise lazy Sunday.

As Bitcoin Drops in Value, Proof-of-Stake Tokens That Use Less Energy See Double-Digit Gains

Crypto markets have been very volatile in recent times and a great number of digital assets have dropped more than 30% in value during the last three days.

Bitcoin Cash, Stellar Lumens, Neo Price Analysis: 13 May

As expected, Bitcoin finally broke out of its trading range above $55,000 on the price charts over the last few hours.

Ethereum Classic, Filecoin, Stellar Lumens Price Analysis: 11 May

Filecoin projected a breakdown from a descending triangle.

Uniswap and Stellar possess this particular edge over other altcoins

The entire altcoin market is currently giving out mixed signals.

Crypto Gambling with Stellar - Now on 1xBit

Disclaimer: The text below is a press release that was not written by Cryptonews.com. Stellar is one of the most popular cryptocurrencies, serving as the main crypto choice of many users due to its security, low costs, and reliability. Developed by the Stellar Development Foundation, XLM is now more than six years old, and its adoption quickly grew over the years, especially among small and

Stellar To Power VISA’s New Partnership, XLM Begins Breakout

Stellar follows the general market sentiment with green indicators across the board.

Visa, Circle & Tala Join Forces to Provide Stablecoin Solution for the Underbanked

Leading personal finance app Tala will work with Visa and Circle to bank the global underbanked populace through a crypto solution.

Filecoin, Stellar Lumens, Solana Price Analysis: 3 May

The end of the month churned gains for most altcoins as Bitcoin also witnessed a surge in its price.

Ethereum Hits $2,800 Making Gap to Bitcoin Tighter Than Ever

Ethereum’s stellar performance over the past couple of weeks has enabled it to close the gap to Bitcoin in terms of market share.

Stellar, Cardano, VeChain Price Analysis: 26 April

During the course of the past day, the altcoin market has seen renewed bullish momentum enter the market.

Cardano and Stellar Lumens Hit Milestone As Swiss Investment Fund Launches New Crypto ETPs

A Swiss fintech company is rolling out the first crypto exchange-traded products (ETPs) for Cardano (ADA) and Stellar Lumens (XLM).

Ethereum, Stellar Lumens, Cosmos Price Analysis: 25 April

Ethereum has been witnessing a correction in its value and most altcoins have been mirroring this trend in their market.

6 Questions for Denelle Dixon of the Stellar Development Foundation

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes!   This week, our 6 Questions go to Denelle Dixon, CEO and executive director of the Stellar Development Foundation. Denelle Dixon is the CEO and executive director of the Stellar Development Foundation, a nonprofit organization using blockchain to unlock the worlds economic potential by making money more fluid, markets more open and people more empowered.

Stellar Lumens, EOS, Binance Coin Price Analysis: 22 April

Q1 of 2021 centered around Bitcoin, the world's largest cryptocurrency, recording one ATH after the other.

Ethereum, Chainlink, VeChain, Stellar Lumens Price Analysis: 20 April

Bitcoin's foray above its previous ATH had a profound effect on the rest of the crypto-market.

Stellar Lumens, FTX Token, Waves Price Analysis: 18 April

One sign of the bears losing strength is Bitcoin, or the altcoins themselves, forming a bullish divergence on the 4-hour or higher timeframes.

Stellar Lumens, Chiliz, Verge Price Analysis: 17 April

Traditionally, the altcoin market has followed the price action of Bitcoin.

Stellar Lumens, BitTorrent Token, Theta Price Analysis: 15 April

Stellar Lumens faced resistance around the $0.63-mark and was trading within an ascending channel, while BitTorrent Token consolidated above $0.0075.

How Stellar’s Growth In Q1 2021 Could Foster Further Adoption

Stellar Development Foundation (SDF) has issued its Q1 report.

Stellar-based gaming and collectibles platform Litemint to integrate DigitalBits

Non-fungible tokens or NFTs have stolen headlines the world over, plastered across both crypto and mainstream media.

XRP price soars to new highs after recent legal victories and relisting rumors

XRP price rallied more than 30% as retail traders rotate into "cheaper" altcoins and investor sentiment turns positive after Ripple's recent legal victories against the SEC. XRP price broke out to a new multiyear high on April 13 as a surge of trading volume in the early morning hours continued into mid-day.  Data from Cointelegraph Markets and TradingView shows that XRP registered a low of $1.42 before staging a 34% rally to a high of $1.88. XRP/USDT 4-hour chart.

Stellar Lumens, Aave, Chiliz, Nano Price Analysis: 13 April

Stellar Lumens broke north from its descending channel and the $0.604-support could be in focus before its next upswing.

Altcoin Frenzy Pushes Crypto Market to $2 Trillion – eToro Crypto Roundup

Binance Coin (BNB) rises 50% as Litecoin (LTC) and Stellar (XLM) make 16% gains.

Enterprise blockchain solutions rally as businesses get hip to crypto

XRP, Stellar and XinFin see tremendous growth as enterprise solutions that offer cross-border solutions and serve the unbanked gain traction. The mainstream adoption of blockchain technology continues to pick up steam as stories like Microstrategy using Bitcoin (BTC) to pay bonuses for its board of directors and Topps announcing plans to release nonfungible token collectible trading cards make headlines on a almost daily basis.  As more companies and organizations explore what the integration of blockchain technology can do for them, tokens that offer enterprise solutions and provide simple ways for interested parties to explore and use distributed ledger technology have seen triple-digit gains in 2021.

Price analysis 4/12: BTC, ETH, BNB, XRP, ADA, DOT, UNI, LTC, LINK, XLM

Altcoins continue to press higher while Bitcoin bulls work on holding the $60,000 level as support. Bloomberg Intelligence senior commodity strategist Mike McGlone equated the current consolidation in Bitcoin (BTC) price to that of a “caged bull, well-rested to escape.” When compared with the rallies a year after the previous two Bitcoin halvings in 2012 and 2016, the strategist called the current price action “tame.’ According to McGlone, Bitcoin is “still in price-discovery mode” and its plateau is still far away. While Bitcoin remains in focus, altcoins have continued to steal the show.

Crypto Giant Grayscale Adds $1 Billion in 24 Hours Amid Litecoin, Stellar Lumens and Zcash Buying Spree

Grayscale, the world’s largest crypto asset management firm, is on a buying spree after purchasing massive amounts of cryptocurrencies to the tune of $1 billion in just 24 hours.  In a tweet posted on April 9th, Grayscale revealed that its total assets under management (AUM) stands at $46.1 billion.  04/09/21 UPDATE: Net Assets Under Management, […] The post Crypto Giant Grayscale Adds $1 Billion in 24 Hours Amid Litecoin, Stellar Lumens and Zcash Buying Spree appeared first on The Daily Hodl.

BNB Soars Above $600, is an Ethereum Flippening on The Cards?

April has seen a stellar run from BNB, growing 86% in less than two weeks and hitting an all-time high today.

Stellar Lumens Price Analysis: 12 April

With a market capitalization of $13.27 billion, Stellar Lumens' value has also been rising in time.

Top 5 cryptocurrencies to watch this week: BTC, XLM, MIOTA, XMR, XTZ

Traders appear to be waiting for a trigger to start the next leg of Bitcoin's uptrend and if that happens, XLM, MIOTA, XMR and XTZ could join the party. Bitcoin’s (BTC) hesitation near the all-time high suggests that the bulls and the bears are waiting for a trigger to start the next trending move.

Stellar Lumens, Aave, Cosmos Price Analysis: 11 April

Stellar Lumens moved within a bull flag but the pattern could be negated if $0.58 -support is not maintained.

Stellar and XRP Surge 20% While Bitcoin and Ethereum Stagnate

US crypto entrepreneur Jed McCaleb is behind two pumping projects today.

Bitcoin Struggling at $60K: Stellar (XLM) Enters Top 10 After 25% Surge (Market Watch)

Conquering $60,000 is not an easy task proved the past 24 hours as BTC dropped below it again, while XLM has entered the top 10 after a 25% daily surge.

Stellar Lumens, YFI, Harmony Price Analysis: 08 April

Stellar Lumens bounced off the $0.45-level to trade just under the $0.5-resistance.

Stellar Development Foundation releases update on node downtime episode

The Stellar blockchain faced a technical issue recently, one that caused the validator nodes to be unable to process transactions.

Stellar Lumens, STEEM, Basic Attention Token, BitTorrent Token Price Analysis: 06 April

Stellar Lumens was projected to rise above the $6-level after stabilizing at $0.46 or even $0.434.

Stellar Cryptocurrency Nodes Go Dark for 9 Hours and Counting

Some nodes on the Stellar network have stopped validating transactions.

Why Uganda chose Stellar Lumens to power the currency of its new city

Per a report by NBS Television, Uganda is planning to build a futuristic city.

Stellar Lumens Price Analysis: 05 April

Stellar Lumens has a YTD performance of +273.5%, and especially since mid-November Stellar Lumens has seen strong bullish moves followed by consolidation.

Could the EU use Stellar Lumens to issue its CBDC?

On a Reddit post, Stellar community has discussed the most recent developments on the possible issuance of a central bank digital currency (CBDC) by the European Union.

Stellar Lumens, BitTorrent Token, FTX Token Price Analysis: 03 April

Stellar Lumens flipped an area of supply to demand and looked to climb toward $0.5.

Can Stellar's XLM be seen as a security? Here's what SDF's Dixon has to say

The United States Securities and Exchange Commission [SEC] and Ripple have been the center of attention these days thanks to their involvement in a lawsuit that addresses the legal status of XRP.

Price analysis 3/31: BTC, ETH, BNB, ADA, DOT, XRP, UNI, THETA, LTC, LINK

Bitcoin’s recovery from its recent lows and the stellar performance from altcoins signal that bulls are confident BTC will retest its all-time high. Following in the footsteps of Morgan Stanley, Goldman Sachs has announced plans to allow its wealth management clients to trade in cryptocurrencies and other digital assets.

Stellar Lumens, STEEM, Nano Price Analysis: 31 March

Stellar Lumens was rejected above $0.40, but a hike above the said level would lead to extended gains up to the $0.43-upper ceiling.

Stellar Lumens, Hedera Hashgraph, Ethereum Classic Price Analysis: 29 March

Stellar Lumens climbed back above the $0.38 level and was likely headed to test the $0.43 supply level in the coming days.

Stellar Lumens, Chainlink, Filecoin Price Analysis: 27 March

Stellar Lumens faced resistance at the $0.38 level and was forced to pull back, while Chainlink climbed above $26.7.

Stellar Lumens, SUSHI, Qtum, THETA Price Analysis: 24 March

Stellar Lumens seemed to be moving rangebound between $0.40 and $0.38 with low volatility.

Stellar Lumens, Algorand, Basic Attention Token Price Analysis: 22 March

Stellar Lumens attempted to overturn the bearish conditions in its market after eyeing a move above the 200-SMA.

Stellar Lumens, VeChain, Zcash Price Analysis: 21 March

After market-leaders Bitcoin and Ethereum moved deeper into the red zone, the broader altcoin market followed suit and registered losses on their respective charts.

Why Ethereum can spark an independent rally 

Ethereum, along with many of the market's altcoins, has seen stellar results in 2021 from a trading price standpoint.

Stellar Lumens, Aave, Dash Price Analysis: 18 March

Stellar Lumens defended the $0.382-level of support, with the market’s bulls pushing the price above $0.4 once more.

Stellar Lumens, STEEM, FTX Token Price Analysis: 17 March

Stellar Lumens presented targets above the 50-SMA and 200-SMA for a bullish recovery on the charts.

Stellar Lumens Price Analysis: 14 March

Stellar Lumens has performed very well in the markets since it climbed above $0.1 in November, and established a local high at $0.56.