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Tag Archives: XLM

Peer Stablecoins are Showing 10% Premium against a Weak Tether

A mass exodus from the most popular dollar-pegged stablecoin Tether (USDT) has led to its devaluation against peer stablecoins. USDT on Monday broke away from its historically tight link with the US Dollar to touch 85 cents across multiple crypto-exchanges. As a result, a substantial USDT volume shifted to other cryptocurrencies, including Bitcoin, raising their price in an otherwise bearish ...

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Ethereum (ETH) Price Watch: Next Downside Targets

Ethereum Price Key Highlights Ethereum broke below its latest consolidation pattern, indicating that losses are in the cards. Price is still trading inside a descending channel on the daily chart and looks ready for a test of support. But first, the mid-channel area of interest could attract some buyers since it’s close to the long-term lows at $150. Ethereum price ...

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Ripple Price Analysis: XRP/USD at Clear Risk of Further Declines

Key Highlights Ripple price declined heavily and broke the $0.4280 and $0.4000 support levels against the US dollar. This week’s followed important bearish trend line played well with resistance at $0.4480 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is under a lot of pressure and it may continue to face sellers near $0.4280 ...

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3 Bullish XLM Price Predictions for Late 2018

Digital assets often tend to leave cryptocurrency communities divided. In the case of Stellar and its Lumens currency, there are those who like the appeal and others who think this project needs to be eradicated. Conflicting opinions often lead to intriguing price predictions, and this asset seems bound to undergo some interesting changes in that department. #3 The XLM Pennant ...

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India Making Plans to Launch Its Own Government Backed Cryptocurrency

Despite its best efforts to keep crypto out of India, it appears that the Indian government is still not willing to completely exclude cryptocurrencies. According to the new announcement, India is making plans to launch its own digital currency. India Plans to Launch a Government-Backed Cryptocurrency One senior government official from a board created by the country’s finance ministry admitted ...

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Roger Ver Hints at Launching a Bitcoin Cash-Centric Exchange

Early Bitcoin proponent-turned Bitcoin Cash poster boy, Roger Ver, has been reportedly musing over the idea of launching a new cryptocurrency exchange platform. Precise details are still scarce, but Ver has stated that his buying and selling service would be launched directly on the altcoiner’s mouthpiece, Bitcoin.com. Will Ver’s Exchange Help to Reduce Dependence on Bitcoin (BTC)? For now, Ver ...

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Bitcoin Cash Price Analysis: BCH/USD Primed To Break $530

Key Points Bitcoin cash price is trading with a positive structure above the $510 support against the US Dollar. There is an ascending channel in place with support at $520 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is likely to move higher above the $530 and $540 resistance levels in the near term. ...

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Ethereum Developer Community Still Very Active: 1,000 Developers at Hackathon

2018 has been a rocky year for Ethereum. The virtual currency’s price crossed $1400 in January, and it bottomed below $170 in September. Despite the significant price plunge, Ethereum continues to remain popular among developers, as it can be witnessed from the participation drawn by a hackathon in San Francisco. It was revealed that 1,000 developers were hacking Ethereum at ...

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