Despite attempts of higher highs, sellers are technically in charge. Today, we expect some resuscitation gifting LTC/USD, TRX/USD, IOT/USD and EOS/USD bears another opportunity to sell even if fundamentals are favorable. While others sink, XLM/USD is relatively stable and up one spot to fifth replacing EOS in the top 5. Let’s have a look at […]
Despite attempts of higher highs, sellers are technically in charge. Today, we expect some resuscitation gifting LTC/USD, TRX/USD, IOT/USD and EOS/USD bears another opportunity to sell even if fundamentals are favorable. While others sink, XLM/USD is relatively stable and up one spot to fifth replacing EOS in the top 5. Let’s have a look at...
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. This week, the focus was on the Bitcoin […]
FOMO Moments Markets recovering a little on Sunday; XRP moving up, Stellar and Monero not far behind. A Sunday bounce has pulled cryptocurrency markets back from the abyss … for now. Following one of the largest falls this year during the week markets are recovering a little today as total capitalization creeps back up over...
Stellar XLM and Ripple’s XRP, the competitive Duo, for the time being are by no doubt included in the group of coins which various enthusiasts and traders see as most promising and highly potential for future causes. When it comes to price performance, it has become tradition the last couple of months that the first […]
By now, the entire crypto-verse is aware of the crypto market turmoil that was ignited by the Bitcoin Cash (BCH) Hash Wars that are still ongoing. The two different camps aligned to Bitcoin Cash ABC and Bitcoin Cash SV have been blamed for causing the value of Bitcoin (BTC) to drop significantly in a time […]
Global banking is quite a natural fit for the blockchain unlike a lot of industries which are still trying to figure out in which ways they could use crypto and the blockchain tech best to enhance their services and offerings. Bitcoin, unfortunately, involves slow transaction speed and there’s definitely a need for a more efficient … Continue reading "Ripple Vs. Stellar – IBM Chooses Stellar’s Network For Its World Wire Service"
Still, altcoins are weathering strong headwinds. Other than bullish ADA/USD and XLM/USD, EOS/USD, XMR/USD pairs are stable while LTC/USD could below $50. Needless to say, we are overly positive expectant of loss reversals following 10 months of consecutive lower lows. Let’s have a look at these charts EOS/USD Price Analysis Carbon USD—CUSD, is officially the...
With Coincheck reinstating the trading of the 17th largest cryptocurrency by market capitalization – NEM, the coin rocketed upwards with 16.52% gain in the last 24-hours. The re-listing of the digital asset came over 10-months later after one of the biggest crypto-verse hacks in history. More than $0.5 bln worth in NEM tokens were taken from […]
Ahead of Ripple’s XRP, Stellar Lumen (XLM) is now the 4th most traded cryptocurrency on Binance, one of the largest exchange in the World. The cryptocurrency now trades behind Bitcoin, Bitcoin Cash and Ethereum, indicating that people are now buying into the cryptocurrency due to its outstanding performance in the space. Why Sudden Stellar Lumen … Continue reading "Amidst Coinbase Listing Rumour, Stellar (XLM) Now 4th Most Traded Crypto On Binance"
Even with ball park +75 percent losses from 2017 highs, the altcoin market is ripe for a reversal as XLM/USD and ADA/USD reject lower lows. Meanwhile, EOS/USD and LTC/USD are near important support levels and today could determine short term price trajectory. Let’s have a look at these charts: EOS/USD Price Analysis Back to back...
Ripple Via a joint project of AmEx – The LianLian Group, Ripple’s path of penetrating China’s e-Commerce market has made itself clear. With the target of processing card payments faster and more efficient, AmEx’s joint venture has been approved by the Chinese which has made AmEx the first firm located in U.S to be direclty […]
After days of lower lows and dry fundamentals, Stellar Lumens—XLM/USD, Cardano—ADA/USD and IOTA—IOT/USD pairs are trading within a bullish breakout patterns and likely to print higher as the week close. But still, we shall maintain a bullish outlook on EOS/USD and LTC/USD aware that if the latter find support at $50, odds are prices will...
Weiss Ratings published the latest update of its popular cryptocurrency ranking, evaluating 111 tokens out of a total of more than 3000 studied cryptos. Only four cryptocurrencies were rated as strong buys by the firm. According to the Ranking, the crypto coins get a rating ranging from E- to A+. A cryptocurrency is considered as […]
After solid gains, altcoins are slowing down but not bearish. From the chart we can see that ADA/USD and XLM/USD pairs are trending higher within a bullish break out pattern. At the same time, LTC/USD is down while EOS/USD is flat despite release of EOSIO 1.4.0. Lets’ have a look at these charts: EOS Price […]
After solid gains, altcoins are slowing down but not bearish. From the chart we can see that ADA/USD and XLM/USD pairs are trending higher within a bullish break out pattern. At the same time, LTC/USD is down while EOS/USD is flat despite release of EOSIO 1.4.0. Lets’ have a look at these charts: EOS Price...
Stellar Lumens (XLM), XRP–The recent price surge for XRP, the third largest cryptocurrency by market capitalization, could be a positive signal for Stellar enthusiasts and investors. While the two cryptocurrencies have long been pitted at odds, with a similar technology basis, overlapping leadership and development teams, and target customer base, the coins have also managed […]
Cryptocurrency markets are generally buoyant this week following a month of lethargy in October. Some altcoins are outperforming others and one has reached a five week high gaining 18% this week alone. Stellar Giveaway it Blockchain Users Stellar Lumens is recovering strongly, with a 3% gain on the day and almost 20% over the week...
Blockchain technology seems to have lightened the obscure tunnel end of the cross border remittance industry. Even though the services rendered by banks and some other financial institutions used to be a great utility to foreign workers and some others who intend to make international fund transfer, they are today perceived as an archaic means … Continue reading "With Expected 200 Vendors, CMC, Stellar (XLM) Not A Match For Ripple (XRP)In Cross Border Remitting"
It’s back to profitability for most altcoins as they register double digit gains. Leading the pack is XLM/USD and ADA/USD trading above important resistance levels. We expect most altcoins to keep expanding throughout this week as they reverse 2018 losses as price action form the foundation of a mega-rally. Let’s have a look at these...
Following a long period of unprecedented sideways trading, Bitcoin has solidified its position in the middle of its long-established range, and altcoins are beginning to surge amidst Bitcoin’s stability. At the time of writing, the markets are being led by XRP, BCH, and XLM, respectively. At the time of writing, Bitcoin (BTC) is trading at...
The Stellar Development Foundation has partnered with the Blockchain Wallet to airdrop $125 Million worth of XLM to the users of the wallet. According to The Block, the first batch of XLM will be distributed this week to all who sign up to use the Blockchain wallet. The team at the Stellar Development Foundation is […]
The altcoin market is back to green with LTC/USD adding six percent in the last 24 hours. At the same time, Stellar trade volumes are quite high as the market remain expectant of a probable listing at CoinBase after BAT expected support. All in all, we expect gains to continue throughout this week. Let’s have...
Following the Binance [cryptocurrency exchange] announcement of supporting the near upcoming Bitcoin Cash [BCH] hard fork, the blockchain’s token value against the US Dollar has seen no stop of increase. Hard fork taking place on Nov 15. Fellow Binancians, Binance would like to confirm support for the upcoming Bitcoin Cash hard fork. We will […]
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Bitcoin (BTC) turned ten on Oct. 31, but […]
Companies dedicated to making cross-border payments much easier are more and more turning to blockchain-based solutions, although there is an open “war” between banks and other fiat-based institutions and cryptocurrencies. However, when it comes to blockchain technologies that facilitate faster and safer cross-border payments, Ripple with its platforms, either based on XRP (XRP) or not, and … Continue reading "Stellar (XLM) Might Reach $1 If Coinbase Would List The Crypto Token"
In the case of businesses dedicated to facilitating payments between individuals, the choice of which blockchain to use and which fintech to hire is of vital importance for their growth. However, the relationship between crypto and fiat based fintechs has concluded with a growth in exposure of digital currencies. When it comes to banks and […]
Coinbase Lists BAT After Months Of Speculation As reported by Ethereum World News on Friday afternoon, after months of speculation and unbridled hope, San Francisco-based Coinbase announced that it had plans to list Basic Attention Token (BAT), the native digital asset of the Brave Browser, on its professional-centric platform, the similarly named Coinbase Pro. BAT […]
Overly, most coins are in range mode with the exception of LTC/USD and TRX/USD which are bearish. This is after unexpected losses below $50 and 2.3 cents on Oct 29 igniting sellers. But still, EOS/USD and XLM/USD are holding on with minor losses. All things constant, we shall retain a neutral approach waiting for moves...
What is the Stellar Lumens ?
- Stellar (XLM) is a completely decentralized consensus platform, designed to support any type of currency. It has a decentralized purse that can be used to trade any type of currency or asset.
Since the Stellar lumens network does not use mining technology. All tokens exist at the start of the network. The majority of them are held by the non-profit foundation Stellar.org.
Stellar.org distributes the coins as follows:
50 billion XLM: to be given in small quantities to as many people as possible.
25 billion XLM: to be given to other companies and non-profit organizations to reach people that stellar.org would not otherwise be able to reach through the direct registration program.
20 billion XLM: to give to holders of bitcoins and XRP (see Ripple)
5 billion XLM: retained by Stellar. org for operations.
Stellar allows you to send any currency you hold to someone else in a different currency through the integrated decentralized exchange. People can receive any currency through an anchor they have added.