Today's Hot Topics

Market Update - BTC, XLM, TRX, XMR Down Once More

As we enter the middle of the week, the crypto markets are continuing to fall. Since yesterday alone, major cryptos have lost an awful lot of value and as it stands, the fall is set to continue through the rest of the week. We are expecting to see a similar to trend to what we have seen over the past few weeks. Prices will bottom out to new lows and then prices will spike again through correction. After this, the negative climate will take hold again, etc etc. It’s boring, it’s repetitive and it is what we are seeing at...

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Market Update - BTC, XRP, XLM, XMR, It’s Like A Rollercoaster

As we enter a new week, the cryptocurrency markets are snaking up and down in a motion that could only otherwise be experienced on a rollercoaster. We can only expect this volatile start to the week to continue over the coming hours and days. What we are seeing here and indeed, over the past week or so, is currencies moving around price changes of -3% and + 3%, in a constant battle between correction and maintaining balance. With crypto so exposed and looking especially vulnerable, it won’t be long before we see a big change. As we know, the crypto-markets...

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Stellar (XLM) Continues To Attract New Investors While Ripple (XRP) Struggles With Security Status

Investors in the digital payments industry have turned their attention to Stellar (XLM) as Ripple (XRP) just got served with another lawsuit concerning its legal status as a potential security. Stellar (XLM) has had a promising partner in IBM for quite some time now. With rumors that IBM is going to launch its own cryptocurrency using the Stellar blockchain, interest in this cryptocurrency has grown tremendously despite weak price action and a near term bearish outlook. Stellar Lumens (XLM) is still trading in a falling wedge against USD as can be seen above on the 1D chart. The price action...

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Stellar To Make Another Huge Acquisition

Stellar have been on a little bit of an acquisition crusade recently, pulling together partnerships left, right and centre. Partnerships go a very long way for both cryptocurrency adoption and of course the facilitation of blockchain technologies. In essence, partnerships like this exist as a trade off between sound financial backing from one entity (Stellar, in this instance) in exchange for access to innovative blockchain research and technology, which is when, in this instance, Chain come to the fore. Chain is a US based firm who aim to make the economy more connective. Their products are focused on blockchain technologies...

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Huge Philippines Bank Bored Of SWIFT, Perhaps Stellar Is The Solution

Reports out today discuss how the Rizal Commercial Banking Corporation (RCBC), one of the top 10 banks in the Philippines is falling out of love with SWIFT, its current remittance service provider. As a result of this, RCBC are turning to IBM who have paid particular interest in blockchain technology in order to explore how such technology can improve the efficiency and cost effectiveness of remittance services, for overseas Filipino workers (OFws’s). Initially, this will see IBM used to provide payment services to overseas workers from the Philippines who are working in Japan. According to CCN: “In the Philippines, cash...

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