Tesla Lawsuit Blames Space-Age Door Handles for Horrific Driver Death

7m
cryptonewmedia

Researcher: Google Quantum Breakthrough Could Improve Proof-of-Stake

27m
cointelegraph

Paul Puey on Time Preference - WBD159

33m
letstalkbitcoin

$200 Mln Worth of Bitcoin Longs Liquidated on BitMEX After Massive BTC Price Crash

33m
utoday

Zuckerberg: Facebook Won’t Be Launching Libra Without Regulatory Approval

33m
cryptoglobe

SoftBank Unveils $9.5 Billion WeWork Rescue, Cuts Most Ties with Neumann

37m
cryptonewmedia

Bakkt Bitcoin Futures Volume Bounces to New All Time High

38m
beincrypto

Daily Trending News and Market Sentiment: 10% Crash, Libra Testimony Underway

39m
bitcoinnews

Gold Price Regains Its Shine as U.S. Economy Flashes Two Warning Signals

1h
cryptonewmedia

Bitcoin, Ethereum, XRP Experience Monumental Losses As Market Drops $12 Billion In Minutes

1h
zycrypto

Bitcoin (BTC) Bullish Setup Still Remains Valid

1h
cryptodaily

Bitcoin Collapses below $7,500 after Brexit Breakthrough

1h
newsbtc

Bakkt Achieves a New ATH With 363 BTC on its 1st Monthiversary Amidst Bitcoin Price Drop

1h
coingape

XLM Has Been Increasing Since Coinbase Announcement — Analyst Suggests That Will Continue

1h
beincrypto

The Bitcoin Update: BTC Price Drop, Panic Selling by Bitcoin Miners, Bitcoin Halving

1h
cryptoglobe

CoinSpot lists Australia’s first gold and silver-backed cryptocurrency

1h
cryptonewmedia

FATF’s regulations will push criminal activity to privacy coins: CipherTrace CEO

1h
bitcoinwarrior

New Members Added to Ripple’s Regulatory Team, Will Experience Improve the Blockchain Association?

1h
cryptodaily

Flash Crash Sends Bitcoin Price Below Key Moving Average

1h
newsbtc

Crypto Bloodbath: Bitcoin [BTC] Slips to $7.5K; $200 MM Longs Liquidated on BitMEX

1h
coingape

Bitcoin Has Been Hijacked by Communists, Claims BSV Supporter

2h
beincrypto

Bitcoin Price Movement Looks Like ‘Absolute Garbage,’ Claims Analyst

2h
beincrypto

Time to Buy Bitcoin, Stop Yelling about Gold, Says New Grayscale Commercial

2h
utoday

Voyager Digital to pay Users Interest on Bitcoin (BTC) Holdings

2h
cryptonewmedia

Dow Wobbles as Trade War Sinks Its Fangs Into Corporate Earnings

2h
cryptonewmedia


Stellar (XLM) Outperforms After the Fall Earlier This Week

Stellar (XLM) is outperforming the broader crypto market on the technical rebound.

The world of cryptocurrencies can often prove to be a bit of wild ride sometimes, and it is especially so after the sort of week that has been unleashed on the crypto sphere. Many of the top cryptocurrencies declined yesterday after the comments from the head of the Federal Reserve Jerome Powell about Facebook’s Libra.

During the bloodbath yesterday, Stellar (XLM) dropped just like many other tokens, and at one point went down by as much as 14%. However, Stellar managed to make a turnaround today and managed to record substantial gains and remains one of the biggest gainers today among altcoins. The price of Stellar rose to $0.09861, up by 9.70%, according to the data that was available from the leading crypto exchanges.

Currently, Stellar is the 11th biggest cryptocurrency in the world in terms of market capitalization, and the total number of XLM tokens that are currently in supply stands at 19.43 billion. During today’s considerable spike in price, the total traded volume of XLM reached $505.56 million over the past 24 hours, and for all those who currently hold XLM, it is definitely an important development.

>> Bitcoin (BTC) Takes a Hit: Trump Targets the Crypto Market

The theme for many cryptocurrencies this year has been about the use case and whether it is going to get any attention from institutional investors. In this regard, it needs to be pointed out that Stellar has already made a highly important partnership with tech behemoth IBM, and due to the potential of blockchain technology in the near future, it’s speculated that this particular partnership could bring rich dividends for the cryptocurrency.

However, as the number of partnerships starts rising, it is almost certain to have a big impact on the cryptocurrency’s price. However, among many experts, there is one concern with regards to Stellar, and that is the suspected centralized nature of the token. However, if it manages to keep forging partnerships, then it could manage to bring hefty returns for its holders.

Regarding any copyrights issue, please contact us:content@hashbee.com.

0 comments