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Ripple, Stellar And Ethereum Classic All Approved

The Securities and Exchange Commission of Thailand (SEC) have recently published a new framework which highlights the countries changing stance on cryptocurrencies. Within this, the SEC have published information about fees and taxes, licensing and interestingly, a list of their seven approved cryptocurrencies. This is a very unique form of regulation as generally across the rest of the world we are seeing governments banning certain cryptocurrencies. The Thai SEC on the other hand seem to be doing the opposite and allowing just a few cryptocurrencies to be traded within Thailand. The seven approved cryptocurrencies by the Thai SEC are; Bitcoin,...

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Stellar Earns New Use Value With Mobile Network Partnership

Another first for Stellar...https://t.co/uBYTkhHy6J Via https://t.co/ZPn4hvJmOo on Malta-based YOVO Mobile. https://t.co/uBYTkhHy6J — Stellar Lumens (@StellarLumens) June 12, 2018 This week, Stellar have shared a tweet which points towards a new partnership and a brand-new integration on the Stellar network. This follows recent news that the first ever blockchain based mobile network, YOVO, had made a move to Malta, a country that is fast becoming the crypto-capital of Europe. Through an integration with Stellar, YOVO are creating an entirely crypto-dependant mobile network which will be fully supported and fully funded through cryptocurrencies, namely the YO token which is to be a...

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Stellar (XLM) Reversal Could Take It Above $0.50 Mark In No Time

Stellar (XLM) is currently showing signs of weakness trading against the US Dollar. The price has fallen below the triangle it was trading in last week and looks indecisive. However, the RSI is currently near oversold levels and a reversal could be in the offing. It is pertinent to note that a reversal at this point would thrust the price back above the support line, marking a failed breakout (to the downside) which is a bullish indicator, one that could push the price above the $0.50 mark in no time. Stellar (XLM) is easy to buy and store unlike most...

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Stellar (XLM) Faces No Real Competition While Ethereum (ETH), EOS (EOS) And Cardano (ADA) Fight For The Throne

Stellar (XLM) is a unique cryptocurrency as it has no ‘real competition’. Some might consider Ripple (XRP) to be its rival, but that is simply not true. Ripple is a cross border payments platform that empowers financial institutions whereas Stellar (XLM) is a peer to peer payments platform, cutting the middle man and allowing users to exchange value without third party involvement. In addition to that, Stellar (XLM) is also a smart contracts platform for ICOs. Recently conducted Mobius ICO on Stellar (XLM) was the first of its kind and turned out to be a big success. While Ethereum (ETH),...

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Stellar (XLM) Continues To Rise Against Bitcoin (BTC)

Stellar (XLM) might appear to have erased most of its gain made since April 2018 but the fact of the matter is that it has been trading in an interesting pattern of falling wedges on both the XLM/BTC and XLM/USD charts. Another interesting observation is that both charts for Stellar (XLM) look extremely similar. The current pattern of falling wedges that Stellar (XLM) follows comprises of a large falling wedge in which the price trades for an extended period of a few months. After that, the price upticks and continues to trade high for another month followed by entry into...

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