The altcoin market capitalization has steadily risen over the past few days, suggesting that the short-term price action has shifted away from Bitcoin.
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.
The recent surge in Bitcoin price led to rallies in Ethereum, Cardano, Theta Token and Band Protocol, can the upswing continue?32892
The Stellar Development Foundation invests a further $550K to develop SatoshiPay’s cross border B2B payment solution.4382
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.26288
Besides Bitcoin, several major cryptocurrencies are consolidating close to their overhead resistances and could offer buying opportunities in the short-term.16347
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.19260
Altcoins are currently following Bitcoin price but soon they are likely to decouple and chart their own course.33454
With less than three days left until the halving, Bitcoin is currently outperforming every mainstream asset class for 2020 so far.8712
A report from Flipside Crypto delves into why XRP trading drops significantly on weekends.16163
Abra has received $5 million in funding from the Stellar Development Foundation.3116
Most major cryptocurrencies are stuck in a tight range awaiting direction from Bitcoin.21694
The crypto markets are expected to remain volatile this week. Hence, several short-term trading opportunities are likely to crop up.21384
The Stellar Development Foundation unveiled a partnership with Elliptic, adding transparency capabilities for Stellar-based businesses.6163
Most major cryptocurrencies are facing resistance at higher levels, meaning a few days of consolidation could be needed before the rally can resume.17735
Several altcoins are likely to rally if Bitcoin can resume its up move this week.17605