StellarStellar XLM news

Open-source platfrom for cheap financial services. XLM is the cryptocurrency on its blockchain
Price, 24h
0.1406 USD / 0.00001612
1.06% / 3.53%
Volume, 24h
175,158,264 USD
2,580,365,393 / 0.94%
Chart price/vol/NIS 7d
Asset details

World latest news

Stellar Lumen (XLM) Price Could Revisit $0.060 Before Higher

Stellar lumen price is struggling to gain momentum above the $0.0650 resistance against the US Dollar. XLM price is currently consolidating below the $0.0640 and $0.0650 resistance levels. There is a significant breakout pattern forming with support near $0.0622 on the 4-hours chart (data feed via Kraken). The pair could either rally above $0.0650 or it might start a downside correction to $0.0600. Stellar lumen price is facing an uphill task against the US Dollar and bitcoin. XLM price might dip one more time before it could rise towards $0.0700. Stellar Lumen Price Analysis (XLM to USD) After forming a support base near $0.0580, stellar lumen price started a fresh rebound against the US Dollar. The XLM/USD pair surpassed the main $0.0600 and $0.0620 resistance levels to move into a positive zone. Moreover, there was a close above the $0.0620 resistance area and the 55 simple moving average (4-hours). Finally, the price spiked above the $0.0650 resistance, but it failed to continue higher. A swing high was formed near $0.0665 and the price corrected gains. The last swing high was near $0.0651 and the recent low was $0.0619. At the moment, the price is holding the $0.0620 support and the 55 simple moving average (4-hours). Additionally, it climbed above the 50% Fibonacci retracement level of the recent decline from the $0.0651 high to $0.0619 low. However, the price is facing resistance near the $0.0640 level. It seems like the 61.8% Fibonacci retracement level of the recent decline from the $0.0651 high to $0.0619 low is also acting as a resistance. Moreover, there is a significant breakout pattern forming with support near $0.0622 on the 4-hours chart. Therefore, a downside break below the $0.0620 support might call for an extended correction. The next key support is near $0.0600, which has acted as a support and resistance on many occasions. If there are any further losses, stellar could even revisit the $0.0580 support area. On the upside, the $0.0640 and $0.0650 levels are important hurdles for the bulls. Therefore, a successful close above the $0.0650 resistance is needed for a strong rise in the coming days. The next key resistances are near the $0.0680 and $0.0700 levels. The chart indicates that XLM price is clearly facing hurdles near $0.0650. Thus, there are chances of a downside correction below the $0.0620 support. Having said that, the $0.0600 and $0.0580 are important supports and likely to prevent additional losses. Technical Indicators 4 hours MACD – The MACD for XLM/USD is slowly moving into the bullish zone. 4 hours RSI – The RSI for XLM/USD is currently flat just above the 50 level. Key Support Levels – $0.0620 and $0.0600. Key Resistance Levels – $0.0640, $0.0650 and $0.0700. The post Stellar Lumen (XLM) Price Could Revisit $0.060 Before Higher appeared first on Live Bitcoin News.
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Bitcoin And Crypto Market Cap Facing Hurdles: BCH, Litecoin, TRX, XLM Analysis

The total crypto market cap corrected a few points, but it faced a strong resistance near $215.0B. Bitcoin price is also correcting higher, but it is likely to struggle to clear the $8,200 resistance. Litecoin (LTC) price is now facing resistance near the $55.50 and $56.50 levels. BCH price is holding the main $215 support area and it is currently rebounding. Tron (TRX) price is climbing higher and it is now placed nicely above the $0.0150 level. Stellar (XLM) price is up more than 2% and it is moving towards the $0.0650 resistance. The crypto market cap and bitcoin (BTC) are facing many hurdles on the upside. Ethereum (ETH), litecoin (LTC), ripple, BCH, tron (TRX), stellar (XLM) and other altcoins could struggle to climb higher. Bitcoin Cash Price Analysis BCH price corrected lower recently and tested the $215 support area against the US Dollar. The price is currently moving higher and is trading near the $220 level. On the upside, there is a major resistance near the $230 level, above which the price could recover towards the $240 level in the near term. On the downside, if there is a bearish break below the $215 support, the price could decline towards the $205 and $200 support levels. Litecoin (LTC), Tron (TRX) and Stellar (XLM) Price Analysis Litecoin price managed to stay above the $51.50 and $50.00 support levels. LTC price is currently recovering and is trading above the $54.00 level. However, there are a few key hurdles near the $55.50 and $56.00 levels, above which the price could revisit the main $60.00 resistance area. Tron price declined recently and tested the $0.0145 support area. TRX price remained well bid and recently started a nice upward move above the $0.0150 resistance area. The price is up more than 3% and it could continue to rise towards the $0.0155 resistance level in the near term. Stellar price also declined recently and tested the $0.0600 support area. XLM price is now climbing higher and is trading above the $0.0625 resistance area. However, there is a major resistance near $0.0650, above which the price could continue to rise towards $0.0682 and $0.0695. Looking at the total cryptocurrency market cap 4-hours chart, there was a decent recovery from the $205.0B support area. However, the market cap struggled to clear a key resistance near the $215.0B level and the 100 SMA. Moreover, there is a connecting bearish trend line forming with resistance near $215.0B. Therefore, a clear break above the $215.0B resistance is needed for a nice rally in bitcoin, Ethereum, EOS, litecoin, ripple, XLM, BCH, BNB, TRX, ADA, XMR, and other altcoins in the coming sessions. Bitcoin And Crypto Market Cap Facing Hurdles: BCH, Litecoin, TRX, XLM Analysis was last modified: October 18th, 2019 by Aayush JindalThe post Bitcoin And Crypto Market Cap Facing Hurdles: BCH, Litecoin, TRX, XLM Analysis appeared first on NewsBTC.

Stellar Price Analysis: After Bears Attack on XLM/USD; Stellar Price Hovers at $0.064

XLM Price Analysis – October 17 Stellar (XLM) is a volatile coin as the price fluctuates; the cryptocurrency has always been notable. XLM/USD Market Key Levels: Resistance levels: $0.075, $0.80, $0.085 Support levels: $0.054, $0.049, $0.044 XLMUSD – Daily Chart The Stellar (XLM) price indicates an uptrend in the market, above the 21-day moving average. Recently, the market is planning an unstable movement where Stellar is spotted moving moderately. Meanwhile, the market would soon come out of the phase and XLM will be able to regain its initial momentum over time. On the daily chart, Stellar is currently showing a trend in the rectangle channel, with a potential surge of volatility. Considering a northward movement, the amounts of $0.075, $0.080 and $0.085 could constitute resistance for the market. Alternatively, a movement toward the south could bring support down to $0.054, $0.049, and $0.044, while the MACD continued to give positive signals for Stellar. XLM/BTC Market Against Bitcoin, the pair is still trading on the upside and is currently trading above the 21-day moving average at 796 SAT. If the bulls failed to push the price upward, Stellar (XLM) may likely see a sharp drop to 700 SAT support level. Breaking this level could further drag the market to other support levels at 650 SAT and below. XLMBTC – Daily Chart Furthermore, as the RSI (14) moves above level 60, the coin may likely continue the upward movement. More so, XLM is a result-oriented coin and it has also shown great potential in the past. The recovery is on the go and in no time, we would see Stellar booking huge profits. The resistance levels to watch are 900 SAT and above. Please note: is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.   The post Stellar Price Analysis: After Bears Attack on XLM/USD; Stellar Price Hovers at $0.064 appeared first on - Daily Cryptocurrency and FX News.

Apple Card's stellar launch could help it weather competition concerns

This story was delivered to Business Insider Intelligence Payments & Commerce subscribers earlier this morning. To get this story plus others to your inbox each day, hours before they're published on Business Insider, click here. The Goldman Sachs-issued card rolled out to all US consumers in August, and the issuer believes it "is the most successful credit card launch ever," CEO David Solomon said on an earnings call. He also noted that it's seen high consumer demand following its introduction and that Goldman has handled sign-ups effectively and avoided weakening its underwriting standards. The latter is particularly important considering Apple Card is reportedly approving subprime users. The card's early success may mean it's set to boost Apple Pay's popularity. Apple Card's main cash-back offerings entice cardholders to make purchases via Apple Pay since they receive 2% cash back on all purchases that use the mobile wallet, 3% back on Apple Pay transactions with select merchants, and just 1% on payments that use Apple Card's physical companion card. This should lead cardholders to use Apple Pay more regularly, which is valuable for Apple considering adoption of the payment method has been low in the US: Just 9% of US consumers used Apple Pay in 2019, while 17% of consumers did in China even though Apple Pay has to contend with the likes of Alipay and WeChat Pay in the market. This means that Apple Card's reportedly successful launch could set Apple Pay up to see its adoption and usage rise quickly in the US. Potential antitrust concerns surrounding Apple and Apple Pay could make it harder for the mobile wallet to drive adoption, but Apple Card could safeguard against any negative impact. The European Commission is looking into whether Apple favors its mobile wallet, which could lead to regulation that limits Apple's ability to push consumers to use Apple Pay. Apple Pay's competitors are complaining that iPhones don't allow consumers to use other payment options within the wallet and that iPhones promote Apple Pay to users, per Bloomberg as cited by Seeking Alpha. The complaint about enabling other payment methods from its wallet may be particularly problematic for Apple because it doesn't allow other services to access its phones' NFC hardware, while Google does. In response, the Commission has reportedly sent out a questionnaire to various payments stakeholders. If it takes issue with Apple's practices, it could lessen the firm's ability to drive Apple Pay usage by limiting what kind of promotions it can do and requiring it to allow other payments firms to enable NFC-based payments from the iPhone wallet, as two examples. Australian banks previously pushed for the latter but their request was rejected by Australia's competition regulator, though the direct involvement of the Commission, in this case, could make different results more likely. If Apple's required to stop favoring Apple Pay, Apple Card can ensure consumers still use the wallet, making its adoption extremely important. Once consumers sign up for Apple Card, they'll likely use Apple Pay more, limiting the impact of Apple having to enable NFC payments from third parties on iPhones and no longer highlighting Apple Pay. This could make Apple Card's reported early success extremely valuable, and should make furthering its adoption a priority for Apple going forward, which means it may want to accelerate any plans it has to expand to Europe, something it's reportedly looked into. Want to read more stories like this one? Here's how to get access: Sign up for Payments & Commerce Pro, Business Insider Intelligence's expert product suite keeping you up-to-date on the people, technologies, trends, and companies shaping the future of consumerism, delivered to your inbox 6x a week. >> Get Started Join thousands of top companies worldwide who trust Business Insider Intelligence for their competitive research needs. >> Inquire About Our Enterprise Memberships Explore related topics in more depth. >> Visit Our Report Store Current subscribers can log in to read the briefing here. Join the conversation about this story »
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Opera Brings BTC to Android; Now Looking to Add TRON

Who would have known Opera and bitcoin could go so well together? We’re not necessarily talking about classically trained singers that wear Viking horns and hit high notes, but rather the Norwegian financial platform that’s been touting the addition of bitcoin to its Android app since July of 2018. Opera and BTC: A Perfect Match? The app was launched privately and was later available to the public in December. Opera inherently became one of the first browsers to support bitcoin directly, and customers did not need any extensions or follow-up downloads to engage in crypto transactions. From there, bitcoin support came to the Opera iPhone app. Opera presently has about 350 million users, and many enthusiasts see this as a prime movement in the fight to make bitcoin mainstream. In a blog post, the company writes: With this release, Opera opens its crypto wallet to the world’s most popular blockchain, making it possible to send and receive BTC directly from the browser the way one would with an image or a music file. This means anyone can now not only send bitcoin and Ethereum to another person but can also use it while interacting with websites to pay for goods or services. Up to this stage, Opera only provided support for Ethereum, the world’s second-largest cryptocurrency and a primary competitor to bitcoin. However, the company is also introducing plans to support Tron in the coming months. The last few weeks have marked by a whole new list of platforms or companies showing support for cryptocurrencies they otherwise were ignoring. One such example comes in the form of the new HTC smartphone known as Exodus 1s, which can allegedly support a full bitcoin node. This means that the phone can hold the entire blockchain ledger. Other examples include Electrum, a new bitcoin wallet which has recently added the Lightning Network to its platform. The Lightning Network is designed to assist with scalability on the bitcoin blockchain. While bitcoin is the oldest, largest and arguably the most popular of the world’s cryptocurrencies, it often lacks the up-to-date technology of its newer altcoin counterparts. Thus, it suffers from slow transaction times and smaller blocks. How Lightning Is Making Things Simpler The Lightning Network initiates micropayments that occur off-chain to ensure that they are pushed through quickly. Electrum’s addition of Lightning is likely to enable faster speeds for customers and ensure that payments are pushed through with ease. We’ve also received word of a new startup called Moon, which allows Amazon customers to purchase goods and services from the online retailer with crypto. The application also works through Lightning-based technology and appears to recognize the Amazon page once you log in. When you’re ready to check out, it provides you with a crypto pay option that shows how many available funds you can spend. The post Opera Brings BTC to Android; Now Looking to Add TRON appeared first on Live Bitcoin News.
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Opera Continues Bullish Crypto Mainstream Drive With Bitcoin Payments

Browser minnow Opera is ramping up cryptocurrency support for Android users in version 54, which has just been released on Tuesday. Among a host of other cosmetic improvements and a new UI, this latest release improves upon the current crypto wallet with support for both Bitcoin and Tron payments. Ethereum has been the staple payment […] The post Opera Continues Bullish Crypto Mainstream Drive With Bitcoin Payments appeared first on

Carson Wentz Gossip Turns Eagles Into Daytime Soap Opera

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The Ethereum Ecosystem: Still Relevant After All These Years

Ethereum first went live in 2015, and since then, it’s become one of the market’s top coins. And while four years may not be a lot in most markets, in crypto it’s a lifetime. For Ethereum, it has been quite a ride. With a market cap of $19 billion, Ethereum is the second largest cryptocurrency in existence, and recent reports show that it provides a benchmark for the market. Of course, there’s much more to its success: the Ethereum ecosystem is thriving in its own right. In short, Ethereum is one of the most extensible blockchains. It offers developers the opportunity to create tokens, dApps, collectibles, financial applications, and more. Plus, Ethereum itself will soon be better than ever. Here’s what the Ethereum community is up to right now—and what the Ethereum ecosystem has to offer. Dominance Over dApps and Tokens Ethereum currently leads the dApp market with its sheer number of listings. Right now, it has a total of 2000 dApps—four times more than TRON or EOS, its closest competitors. Ethereum also closely matches those blockchains in terms of dApp volume—each platform handles about $10 million of crypto through its apps in a typical day.   Daily dApp transaction volumes in dollars, via DAppReview   To be fair, EOS and TRON dominate in terms of dApp users and transactions (although many of these are simple gambling apps). Still, Ethereum has a few notable apps in those measures: MakerDAO attracted 2200 users on Monday, making it the third largest dApp by user count. Meanwhile, dYdX, a derivatives platform, handled $371,000 on Monday—making it the 9th largest app by that metric. Ethereum’s token standards are also incredibly influential. Of the top 50 cryptocurrencies by market cap, at least 20 are based on Ethereum’s ERC-20 token standard—including big names like BAT and LINK. Plus, Ethereum’s non-fungible ERC-721 standard has begat collectible items like Decentraland properties and CryptoKitties. New Opportunities For Investment As Ethereum matures, there might be new ways to invest. Recently, the CFTC declared that Ethereum is a commodity, meaning that ETH futures may become an option for institutional investors in the future. It’s conceivable that Bakkt might add ETH futures alongside its BTC futures—though it hasn’t said so explicitly. Additionally, there are some retail platforms that already trade Ethereum futures, such as BitMEX and Kraken. These options attract speculative investors who might not trade on the crypto market itself. Even though futures don’t affect Ethereum’s value directly, they bring value into the crypto ecosystem and facilitate price discovery. There are other investment opportunities as well. MakerDAO, for example, allows you to lock up your Ether as collateral and create Dai stablecoins in return. Meanwhile, peer lending platforms like ETHLend allow you to earn interest by lending out Ether. Suffice to say, there’s a lot you can do with your Ether holdings. Preparing For Ethereum 2.0 Ethereum’s next big milestone will be Ethereum 2.0, which will introduce staking, which allows coinholders to earn rewards. It will also improve scalability through features like sharding, which will allow the blockchain to handle many more transactions. Though Ethereum 2.0 is a multi-year effort, staking should be available in the next few months. At the moment, different Ethereum development groups are running separate testnets. These became interoperable in early September, and according to Ethereum’s creator, Vitalik Buterin, a public network is rapidly approaching. This will be the “last major milestone [before] the network,” Buterin stated during a recent event in Hong Kong. Buterin has also suggested that the upgrade will be seamless. In a post on, Buterin suggested that app developers will need to migrate, but coinholders won’t need to do anything at all: “You may want to move your funds into [an ETH2] wallet eventually, but you do not strictly have to and there is no time limit,” he wrote. Can Ethereum Stay Relevant? Of course, not everyone is happy with Ethereum. Some dApps, such as Ethermon, have moved to blockchains like Zilliqa due to the promise of faster transaction speeds. Meanwhile, some projects with ERC-20 tokens have migrated to other platforms like Binance Chain. Finally, some critics believe that sharding is not secure. But despite criticism, Ethereum probably won’t go away. Its brand, market standing, its dominance over dApps, and its ability to drive hype for version 2.0 seem to be a winning combination. Though it has many competitors, Ethereum has first mover advantage and the biggest developer community in crypto —giving it a head start and making it the favorite to continue to tower over the competition.     The post The Ethereum Ecosystem: Still Relevant After All These Years appeared first on Crypto Briefing.
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