Most major cryptocurrencies are struggling to break out of their immediate resistance levels, which could result in a minor pullback for the next few days.
Stellar is a payment technology built upon the Ripple protocol, but it has changed a lot since its inception. Unlike Ripple, Stellar aims to work with developing markets instead of banking systems and other well-established financial institutes.
Stellar is also very different from Bitcoin in terms of transaction approval. Instead of using an entire network to validate a transaction, Stellar uses a quorum which is just a part of the whole pool this is what makes Stellar so fast in conducting transactions. Because of this feature, Stellar is considered to be a great choice for small businesses, nonprofits, small banks, and inside-corporation transactions. One of the important Stellar partnerships is with IBM, as the company now uses the Stellar network as corridor for transactions across nations in the South Pacific.
Besides Bitcoin, several major cryptocurrencies are consolidating close to their overhead resistances and could offer buying opportunities in the short-term.15415
The action in altcoins has become coin specific, meaning, traders should remain with those that are in an uptrend as they are likely to follow Bitcoin if it moves higher.18900
Altcoins are currently following Bitcoin price but soon they are likely to decouple and chart their own course.33126
With less than three days left until the halving, Bitcoin is currently outperforming every mainstream asset class for 2020 so far.8611
A report from Flipside Crypto delves into why XRP trading drops significantly on weekends.15763
Abra has received $5 million in funding from the Stellar Development Foundation.3053
Most major cryptocurrencies are stuck in a tight range awaiting direction from Bitcoin.21519
The crypto markets are expected to remain volatile this week. Hence, several short-term trading opportunities are likely to crop up.21101
The Stellar Development Foundation unveiled a partnership with Elliptic, adding transparency capabilities for Stellar-based businesses.6091
Most major cryptocurrencies are facing resistance at higher levels, meaning a few days of consolidation could be needed before the rally can resume.17503
Several altcoins are likely to rally if Bitcoin can resume its up move this week.17518
These crypto firms are joining the fight against COVID-19. Will this move highlight the benefits of cryptocurrencies and establish the industry?8756
FXCoin announced XRP remittance testing, one company began its security token initiative, and more headlined news from Japan this past week.6685
One of the Stellar Development Foundation's recent hires said he is personally more concerned with industry growth than trading or holding individual assets.4723