Stellar (XLM)

Silvergate reported strong growth in terms of digital currency customers’ increase last year along with the surge in deposits. The bank is planning to explore other facets and opportunities in the market this year in 2021.On Wednesday, January 20, crypto bank Silvergate Capital Corporation announced stellar Q4 2020 earnings beating street estimates. The crypto bank reported a net income of $9.1 million (or $0.47 per diluted share) against the net income of $7.1 million in Q4 2019.Compared to...

Link has moved from a trading price of $12 on January 11, 2021, to a current position of $22 with a market cap of near $9 billion.Chainlink has cemented its name among the top ten highest-ranked cryptocurrencies by market cap after overtaking Stellar Lumen and Bitcoin Cash to reach the 8th position before slipping back to 9th by a small margin. The oracle-based blockchain protocol grabbed headlines in 2020 after coming from a very low price point to trade in the double-digit price zone. Link...

Stellar lumen price rallied significantly towards $0.4000 before correcting lower against the US Dollar.XLM price is now consolidating above $0.2600 and the 55 simple moving average (4-hours).There is a crucial contracting triangle forming with resistance near $0.3130 on the 4-hours chart (data feed via Kraken).The pair could either correct further to $0.2200 or it might start a fresh rally above $0.3200.Stellar lumen price is trading in a bullish zone above $0.2600 against the US Dollar,...

XLM/USD – Bulls Defend Support at $0.27Key Support Levels: $0.27, $0.257, $0.224.Key Resistance Levels: $0.3, $0.325, $0.35.XLM seems to be holding strong at the $0.27 support over the past three days after it surged as high as $0.45 last week. The cryptocurrency could not break a daily candle above $0.35 and started to head lower from there. Nevertheless, it’s up about 50% since the open seven days ago and it’s now facing an important resistance.During the BTC intra-day price drop on Monday,...

The CUDOS exclusive token listing event has just commenced on BitMax, with the project seeing a stellar investor response. CUDOS announced the public listing event after the recently-concluded private sale, where 655,555,555 tokens were made available. As part of the BitMax token listing, 166,666,667 tokens are being offered to the public. The figure represents 1.67% of the total CUDOS tokens available.CUDOS token allocationPrivate sale – The CUDOS private sale was conducted from October to...

Stellar lumen price rallied significantly towards $0.4500 before correcting lower against the US Dollar.XLM price is now trading below the $0.2800 support, and testing the 55 simple moving average (4-hours).There was a break below a major contracting triangle with support near $0.2850 on the 4-hours chart (data feed via Kraken).The pair is likely to find a strong buying interest near $0.2200 and $0.2000 support levels.Stellar lumen price is gaining bearish momentum below $0.3000 against the...

BitcoinAfter a substantial 44% price surge this week, Bitcoin continued to set new ATH prices today at $42,000. The cryptocurrency started the year off underneath the $30,000 level after a strong performance in December 2020.From there, it broke $30,000 last Saturday as it continued to push higher. On Monday, there was a brief spike lower toward $28,000, but this was quickly bought up as traders closed that daily candle above $32,000.Throughout the rest of the week, BTC continued to set new...

The cryptocurrency market is still northbound as Bitcoin sets new ATH every other week.The year has started with new records, the total cryptocurrency market cap exceeded $1 trillion, with only 67.7% of the cap covered by Bitcoin. As Bitcoin dominance drops, yet the market cap increases, the so-called “altcoin-season” should be expected.For that being said, let’s take a look at some altcoins that are worth following these days.AavePhoto: Aave chart on TradingView.AAVE/USDT is following an...

XLM/USD – Epic 100% Surge Shocks Market As XLM Hits 31-Month HighKey Support Levels: $0.3, $0.289, $0.257.Key Resistance Levels: $0.373, $0.4, $0.418.XLM was pretty quiet during December. The coin was trading beneath a falling trend line for the entire month as it dropped into the $0.12 region. XLM would rebound from $0.12 at the start of 2021 and eventually break the falling trend line to reach $0.2 yesterday.Today, XLM continued higher from $0.2 and exploded by over 100% to reach as high as...

The popular blockchain project Stellar has signed a Memorandum of Understanding and Cooperation with the Ministry of Digital Transformation of Ukraine to explore and develop virtual currencies and a CBDC. The native cryptocurrency has reacted with a massive surge by almost 40% a day after the announcement.Stellar And Ukraine To Work On Digital Assets And CBDCThe Stellar Development Foundation (SDF) announced the signing of the contract yesterday. The Memorandum will enable Stellar to work...