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9.5 Million XLM Tokens Landing In Binance Airdrop

Binance has announced what its intentions are with Stellar and it seems to be quite bullish. In that, the exchange plans to support Stellar’s XLM token on the platform. So starting from the Saturday just gone - 20th July - the exchange will give out staking rewards to customers with XLM in their accounts. And with this move, Stellar Lumens join other cryptocurrencies like NEO, Ontology and VeChain. In the companies official blog on its site, Binance states: “The total amount of XLM credited to Binance from these staking rewards is approximately 9,500,000 XLM (approximately $775,000 USD). Binance has decided...

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XRP Vs XLM, The Kings Of Cross Border Payments

When you think of cross border payments in cryptocurrency, two market leaders spring to mind, Ripple XRP and of course, Stellar XLM. The pair have been working very hard through 2019 to gain a reputation as the holders for the solution for all of the problems faced within contemporary cross border payment solutions, including high transfer fees and long transaction times. Indeed, both XRP and XLM hold different advantages and ideas when it comes to addressing these problems. Which crypto will win the race? We don’t believe that one crypto is better than the other and that in this instance...

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XLM, ADA, BTT: Why You Should Keep An Eye on these Currencies

This year is turning out to be an interesting one for the crypto market. Even though we’re just halfway through the year, we can already sense that 2019 will end in a positive note. But there’s always some coins to bet on. So today, we’re going to look at a few altcoins that are looking like they are about to do something exciting in the second half of the year. Before we go any further though, it’s worth saying that we aren’t financial investors and this isn’t financial advice. Please do your own research before putting your money in a...

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Stellar Storage - Do It Wisely

Last month we covered a story on the storage of Ethereum and the importance of understanding the many ways in which cryptocurrency can be scored. Online and offline, the way you store your crypto dictates a range of different things, from your management, the fees you pay and even the security of your assets. Of course, each method has a range of advantages and disadvantages but the idea is the same no matter what you’re storing. Whether it’s Ethereum or Stellar, you have to be careful when it comes to storing your crypto. As we stated last time: “Hot storage,...

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Stellar (XLM) Nosedives Below 200 Day MA, Eyes A Decline Below $0.12

Stellar Lumens (XLM) has just nosedived below the 200 day moving average and is now likely to decline all the way towards the 50 day moving average and eventually lower to test the next support. The daily chart for XLM/USD shows that the price has failed to close above the resistance at $0.147. It did paint a wick well above it but the daily candle ended up closing below that level soon afterwards. RSI on the daily time frame points to increasing risk of a sharp decline at least below the $0.12 mark and very likely below $0.10 as the...

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