Stellar lumen price is gaining pace below the $0.132 support zone against the US Dollar. XLM price is now trading just above $0.125 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.1245 on the 4-hour chart (data feed via Kraken). The pair could extend its decline below the $0.1245 support zone in the near term. Stellar lumen price is trading below $0.1350 against the US Dollar, like Bitcoin. XLM price could...
Read More »How Are Normal People Thinking About Bitcoin? Bloomberg Investigates
Despite Bitcoin (BTC)’s stellar performance this year, its role in an average investor’s portfolio is still questionable, according to Bloomberg. In an opinion piece published for the outlet on Friday, financial analyst and crypto advisory expert Aaron Brown said the asset’s dubious correlations to traditional asset classes leave it out of place when bought alongside stocks, currencies, or gold. Is Bitcoin’s Volatility A Good Thing? BTC is up 160% since the start of the year,...
Read More »Why Ethereum’s Performance Is Rivaling Bitcoin’s: Analysis
While the price of Bitcoin (BTC) ballooned to a 19-month high this weekend, Ethereum (ETH) has kept apace, surging beyond $2200 for the first time since May 2022. On-chain analysts at CryptoQuant have identified three drivers behind the crypto’s stellar performance over the past month. Ultrasound Money Takes Effect As shared by analyst MAC_D, ETH broke through a key resistance/support level at $2000 last week, which marks the average price at which Ethereum users began...
Read More »Stellar Lumen (XLM) Price Eyes Key Breakout To $0.135, Are Bulls Back?
Stellar lumen price is attempting a fresh increase from the $0.115 zone against the US Dollar. XLM price is now trading above $0.1200 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.1218 on the 4-hour chart (data feed via Kraken). The pair could start a decent increase if there is a clear move above the $0.1240 resistance zone. Stellar lumen price is trading above $0.1200 against the US Dollar, like...
Read More »Dow Futures Slightly Up after closing at New 2023 High, Treasury Yields Remain Flat
Stock futures are mixed after the Dow Jones Industrial Average closed its best month in more than a year. The Dow Jones Industrial Average surged to a new high for the year on Thursday. This marked a stellar month-end performance amidst signs of reduced inflation and robust earnings reports. Climbing by 520 points, or 1.47%, the Dow closed at 35,950.89, surpassing its previous peak set in August. Similarly, the S&P 500 added 0.4% to hit 4,567.80, while the Nasdaq Composite dipped...
Read More »Das Potential von Stellar Lumens
Stellar Lumens (XLM) ist eine Kryptowährung und ein dezentrales Protokoll mit dem Fokus auf effizienten und kostengünstigen Währungstransfers. Es wurde entwickelt, um eine Brücke zwischen verschiedenen Währungen zu schlagen und eine schnelle sowie nahezu kostenfreie Übertragung von Geldern zu ermöglichen. Ein wesentliches Merkmal von Stellar Lumens ist seine Fähigkeit, sowohl Fiat- als auch Kryptowährungen zu unterstützen. Dies macht es besonders...
Read More »Cardano (ADA) and Dogecoin (DOGE) Receive Additional Support by Coinbase: Details
TL;DR Coinbase Adds New Perpetual Futures: Coinbase is introducing perpetual future contracts for Cardano, Dogecoin, Chainlink, and Stellar, allowing users to speculate on their future values. Minimal Market Impact: The announcement has not significantly affected the market, with some of the included cryptocurrencies showing slight declines. Ongoing Delisting of Trading Pairs: Coinbase has recently delisted 80 trading pairs to improve market liquidity and health, while...
Read More »Stellar Lumen (XLM) Price Signals Downtrend Below $0.120
Stellar lumen price is gaining pace below the $0.124 resistance zone against the US Dollar. XLM price is now trading below $0.120 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line forming with support near $0.1205 on the 4-hour chart (data feed via Kraken). The pair could extend its decline below the $0.1165 support zone in the near term. Stellar lumen price is trading below $0.1250 against the US Dollar, like Bitcoin....
Read More »Alchemy Pay Secures Money Transmission License in Iowa
Alchemy Pay is continuing its expansion in the United States and has now gotten a money transfer license in Iowa. Crypto-fiat payment gateway Alchemy Pay has acquired a money services license in Iowa as part of plans to expand extensively into the United States. The acquisition of a license is in compliance with local state laws that require any person or entity operating a money transmission or currency exchange business to acquire the license. Speaking to Cointelegraph about the license,...
Read More »Stellar Lumen (XLM) Price Signals Breakout and Could Surge 10%
Stellar lumen price is attempting a fresh increase from the $0.1132 zone against the US Dollar. XLM price is now trading near $0.1200 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.1195 on the 4-hour chart (data feed via Kraken). The pair could start a decent increase if there is a clear move above the $0.1240 resistance zone. Stellar lumen price is trading above $0.1195 against the US Dollar,...
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