Today's Hot Topics

Stablecoin Popularity Increased as 26 New Tokens are Launched on Stellar

It seems that stablecoins are the new fad which are taking on a world of their own in the crypto space. They can be tied to either fiat currencies or physical assets like gold. Recently though, Tether has started to make some noise by bringing its USDT onto the TRON blockchain. Now though Forbes has reported that the UK-based crypto startup Wirex is launching as many as 26 new stablecoins which are to be backed by different fiat currencies and will be all based on the Stellar blockchain. According to the co-founder of Wirex, Jed McCaleb, stablecoins are able to...

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Stellar (XLM) Expected To Rally Hard If Golden Cross Comes To Fruition

Stellar (XLM) in on the verge of seeing a big move to the upside should the price succeed in triggering the most anticipated golden cross. Traders and investors became more interested in this cross after Stellar (XLM) got listed on Coinbase. The daily Stochastic RSI forr XLM/USD shows that the price has ample for a rally towards the 200 day EMA. However, it is not likely to break above it in the near future. That being said, we have seen the 200 day and 50 day moving averages draw closer over the past few months. If the price continues to...

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Stellar (XLM) Poised For Short Term Sell-Off, Future Outlook Promising Than Ever

Stellar (XLM) has faced a strong rejection after testing the 61.8% Fibonacci retracement level that it has tested the past two weeks as well. The price failed to break past it the past few weeks and it is expected to fail once again. The Stochastic RSI on the weekly time frame points to the strong probability of an imminent decline in the weeks ahead. Even though the RSI has room for further upside because XLM/USD has remained oversold for a long time, it is important to note that the last time Stellar (XLM)’s Stochastic RSI reached these levels, the price...

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Why You Should Take Notice Of OMG & XLM

As you invest in cryptocurrency, there are several factors that you must take into consideration before you go all in on some random cryptocurrency you know next to nothing about. Most people will look at the history of the coin or token but one thing that is commonly overlooked is the utility of the cryptocurrency. If you ignore the pretty ICO adverts and instead look at how the cryptocurrency will be used. A high utility provides numerous benefits to a cryptocurrency the first being demand. Demand If a cryptocurrency has a legitimate use, then the digital asset is needed and...

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IBM Announcement Pushes BTC And XLM

The markets have seen a small amount of positivity over the past few weeks, though when we say small, note that we do mean small. As it stands, the markets are still way down from the figures we witnessed this time last year, with no chance of a surge that will pull Bitcoin back to $20,000.00 expected anytime soon either. Earlier this week, IBM made a huge announcement with regards to their Blockchain World Wire Global Payment Network, an announcement that seems to have had a positive impact on Bitcoin and Stellar, though the rest of the markets have remained...

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