Stellar (XLM) Still Contemplating To Join The Green Part, Will Price Give In?

XLM price shows could be ready for a major boost as the price remains bullish with good volume and strength. XLM trades above support as the price aims to continue its trend movement as the price keeps holding above 8 and 20-day EMA. The price of XLM eyes a rally to $0.14 as the price breaks out of an ascending triangle with more buy orders.  The price of Stellar (XLM) has continued to show its strength as price trends with a key breakout from a range-bound movement against tether (USDT).…

Mercado Bitcoin partners with Stellar to create MVP for Brazilian CBDC

Brazilian exchange Mercado Bitcoin announced its partnership with the Stellar Development Foundation (SDF) on Tuesday. The company said it intends to develop one of the nine projects selected for the LIFT Challenge Real Digital, promoted by the Central Bank of Brazil. The LIFT Challenge Real Digital are a collaborative environment carried out by the Central Bank of Brazil (Bacen), in partnership with National Federation of Associations of Central Bank Servers (Fenasbac). With the announcement of Stellar’s integration, SDF will join the consortium created by Mercado Bitcoin to develop solutions for Real…

Privacy coins are surging. Will regulatory pressure stall their stellar run?

Recent weeks saw a massive surge of the so-called privacy coins’ prices — namely Monero (XMR), Dash (DASH), Zcash (ZEC) and Haven Protocol (XHV). As many other cryptocurrencies and the industry at large faced immense regulatory pressure amid the war in Ukraine, one narrative that began taking hold in the crypto space was the potential of such privacy-enhancing assets to provide investors a greater level of financial anonymity. But, can privacy coins deliver on Bitcoin’s (BTC) original promise?  A good month for privacy-focused assets Over the past month, Monero has…

Stellar (XLM) Could “Launch” Higher Despite Flashing Some Disturbing Signs

Stellar (XLM) has seen some strong momentum throughout the past few weeks, but this is starting to show some signs of faltering as its buyers fail to surmount a crucial resistance region that it has tested multiple times. Its current signs of weakness may not be emblematic of its near-term outlook, however, as one analyst is noting that a variety of factors suggest that it could be gearing up for a fresh leg higher. This trader – who predicted XLM’s last 45% rally – is now noting that he expects…

Abra Building Banking Solutions on Stellar Blockchain, CEO Barhydt Says

Abra, the company behind the global crypto and fiat wallet and exchange app of the same name, plans to give the world banking services underpinned by Stellar’s blockchain — one of the results of the SDF’s $5 million investment in Abra earlier in 2020.  During the SDF’s digital second quarter review meeting on July 15, Abra CEO Bill Barhydt mentioned Abra’s focus on upcoming banking-type features the company is building out. In particular, Barhydt noted an “interest-earning capability” expected to hit the market in the coming weeks.  Abra details upcoming…

Stellar (XLM) Leaves XRP in the Dust with Latest Rally; Will It Last?

Stellar (XLM) has been caught within the throes of an intense uptrend throughout the past few days, and the cryptocurrency’s momentum isn’t showing any signs of slowing down. This has allowed it to significantly outperform XRP – which is widely considered to be one of its main competitors. Analysts are now noting that this ongoing XLM uptrend is being driven in part by mounting hype from investors, as one indicator suggests that its social volume has seen a tremendous rise in recent weeks. As for whether or not it will…

Stellar (XLM) Smashes Crucial Resistance: $0.12 Could Be Next

Stellar (XLM) gained a strong bullish momentum and broke the $0.0980 resistance against the US Dollar. XLM price is showing bullish signs and it might continue to rise towards $0.1200. There was a sharp upward move from the $0.0880 support zone against the US dollar. The price broke the main $0.0980 resistance area and traded to a new monthly high at $0.1053. There is a key bullish trend line forming with support at $0.0950 on the 4-hours chart of the XLM/USD pair (data source from Coinbase). The pair is likely…

Stellar (XLM) Could Soon Erase Recent Gains as It Hits “Make or Break” Level

Stellar (XLM) has been incurring massive upside throughout the past couple of weeks, with the token’s price surging to fresh yearly highs just days ago. It is currently expressing some signs of weakness, however, as the token’s price recently faced a grim rejection that has since sparked an intense price decline. Analysts are noting that this ongoing breakdown could ultimately result in a full retrace that causes it to reel back down to around where its latest parabolic push higher first began. Despite this, some analysts are remaining firmly bullish…

Analysts Discuss If Stellar Lumens (XLM) Has Peaked After 50% Rally in 4 Days

It isn’t only Cardano and DeFi tokens that have performed extremely well over recent days. Stellar Lumens (XLM) is up over 50% in the past four days, having rallied from around $0.06 on the weekend to $0.09 as of the time of this article’s writing. At the local highs, the popular altcoin traded just a few dozen basis points shy of $0.10. Stellar (XLM) price chart over the past week from TradingView.com This strength has made Stellar Lumens one of the best-performing cryptocurrencies of the past week. XLM is only…