Western Union Ties Up with Stellar-backed Thunes for Direct Mobile Wallet Transfers

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Western Union Ties Up with Stellar-backed Thunes for Direct Mobile Wallet Transfers
With the help of Stellar-backed Thunes, Western Union is going to allow its clients to transfer funds directly to mobile wallets globally.
Western Union Ties Up with Stellar-backed Thunes for Direct Mobile Wallet Transfers

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Source: CoinSpeaker

Two ‘Major US Banks’ May Soon Issue Own Cryptos on IBM World Wire, Is Ripple Under Threat?

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Two ‘Major US Banks’ May Soon Issue Own Cryptos on IBM World Wire, Is Ripple Under Threat?
IBM announced that two major US banks may soon offer their own cryptos on the IBM World Wire amidst growing concerns that Ripple’s dominance in this global remittance space may be under threat.
Two ‘Major US Banks’ May Soon Issue Own Cryptos on IBM World Wire, Is Ripple Under Threat?

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Source: CoinSpeaker

IBM VP of Blockchain & Digital Currencies: ‘We’re here to help change the landscape of payments and financial services’

Jesse Lund, VP of Blockchain & Digital Currencies at IBM, spoke about the company’s launch of IBM Blockchain World Wire in 72 countries and in 47 currencies, during the Money 20/20 summit. At the event, he spoke about what the development meant for financial services, and also IBM’s future trends.
The World Wire broke out yesterday, with a majority of people paying close attention to Stellar Lumens [XLM], the eighth largest cryptocurrency. This was because the cryptocurrency will soon be used for real-time transaction settlement, along with the US dollar.
Jesse Lund said,
“What it means is that IBM is open for business when it comes to payments. And I think as an industry that means you have an 108 year old company that really knows how to run systems with presence in 170 countries around the world. So, we’re here to help change the landscape of payments and financial services.”
This was followed by Lund discussing whether he was bullish on the impact of blockchain technology on the financial services industry. He stated that he was “very bullish,” adding that this was just the beginning. He further stated that the industry was “at the tipping point” of a total transformation of financial services.
“We’ve seen disruption in other industries, retail for example. This is just a beginning of disruption in the most positive sense for banking and for an financial services”
Furthermore, he also spoke about future trends for IBM, in terms of disruption. He stated that banking and financial services are IBM’s largest client segment around the world. He added that this is the firm’s biggest revenue portion, which sums up to around 40 percent globally. He said,
“what we want to do is not compete with our clients but help them to actually make that transformation into the future. And we think the future is focused on the digitization of real-world assets the ability to make money move without friction to make money move as fast as information like as fast as emails move today and so we’re just at that very beginning point”
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Source: AMB Crypto

Stellar Price Jumps 5% With the Announcement of Coinbase Listing

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Stellar Price Jumps 5% With the Announcement of Coinbase Listing
With the growing popularity of Stellar Lumens (XLM), the world’s eight largest cryptocurrency got recently listed on popular crypto exchange Coinbase.
Stellar Price Jumps 5% With the Announcement of Coinbase Listing

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Source: CoinSpeaker

Crypto Market Wrap: Stellar Lifted on Coinbase Listing, Flips Binance Coin

Crypto markets still consolidating; Stellar makes a move up the chart, Kin cranking, the rest marginally down.
Market Wrap
Crypto markets are still consolidating as they have been for the past couple of days since the weekend pump. Altcoins are still making the most as Bitcoin stalls at resistance at $4,000 once again. Total crypto market capitalization has remained just above $140 billion and up almost $10 billion on the same time last week.
Bitcoin dropped back to $4,000 over the past 24 hours but did not fall below it and has gradually crept back up to $4,050 where it currently trades. Volume is over $9 billion and BTC appears to be poised to test its weekly high again, a move to $4,200 could spell a larger break to the upside.
Ethereum remains at $140 but has weakened over the past few days and cannot seem to gather momentum at the moment. ETH is still up on the week however and remains $1.5 billion clear of XRP in terms of market cap. The Ripple token has also remained flat over the past couple of days and is still trading at $0.312.
XLM chart 24 hours. Coinmarketcap.com
At the time of writing the top ten is all in the red during today’s Asian trading session. That is all but on altcoin which is bucking the trend and climbing 4% on the day. Stellar Lumens has just been listed on Coinbase which has added to the momentum though it has not produced the epic spike seen in other listed cryptos such as ETC or BAT.

Stellar Lumens (XLM) support is launching at https://t.co/bCG11KveHS and in the iOS and Android apps within the next 15 minutes. You may need to update your app to properly buy, sell or convert XLM. We will update when XLM is fully live. https://t.co/YSIYNPO4JP
— Coinbase (@coinbase) March 18, 2019

The news has enabled XLM to flip Binance Coin and Tether to take seventh spot with a market cap of $2.2 billion at the time of writing. Stellar has made almost 20% this week climbing from below $0.10 to a high of $0.117 before pulling back a little. Volume has risen from $155 million to $257 million as Stellar climbs the charts.
All other crypto assets in the top ten are falling at the moment with Litecoin and Bitcoin Cash losing over 2.5% each. In the top twenty every altcoin is in the red, the biggest losers are Bitcoin SV, Dash and NEM but losses are only 2% or so. The rest are only marginally down on yesterday’s levels.
FOMO: Kin Cranking
Today’s top one hundred top performer is Kin which has pumped over 50%. The digital content payments ecosystem token is only worth two satoshis at the moment and the pump appears to be pure fomo, at least according to the Reddit stream.
Enjin Coin is also having a good day with a gain of 15% during Asian trading and Maximine Coin is close behind with 13% added on the day. There are no major dumps going on at the moment but those at the sticky end of the table include Digibyte and Bytecoin dropping 6% or so.
Total crypto market capitalization has remained around $140 billion where it was this time yesterday. Volume remains at $30 billion and markets have generally been range bound since their mini-pump on Saturday. If Bitcoin fails to break resistance again things could fall back pretty rapidly.
Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.
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Crypto Market Testing Crucial Support: XLM, Bitcoin Cash, EOS, TRX Analysis

The total crypto market cap corrected lower recently and tested the $132.0B support area.
Bitcoin cash price started a downside correction after testing the $165 resistance.
EOS price is slowly moving lower towards the $3.70 support level.
Stellar (XLM) price is up more than 4% and broke the $0.1120 and $0.1140 resistances.
Tron (TRX) is currently flat near the $0.0230 support level.

The crypto market is trading above key supports, with range moves in bitcoin (BTC) and Ethereum (ETH). Stellar (XLM) gained traction, while BCH, EOS, ripple and tron (TRX) remain supported on dips.
Bitcoin Cash Price Analysis
Bitcoin cash price climbed higher recently and settled above the $150 and $160 resistances against the US Dollar. The BCH/USD pair tested the $165 resistance and later started a downside correction. The price tested the $162 level and it seems like it could test the $160 support in the near term.
If there is a downside break below the $160 support, the price may decline towards the $150 swing support. On the upside, the $165 level is a strong resistance, above which the price may test the $170 level.
Stellar (XLM), EOS and Tron (TRX) Price Analysis
EOS price failed to stay above the $3.80 pivot level and corrected lower recently. It traded below the $3.78 level and tested the $3.75 support. If there are additional downside, the price could revisit the key $3.70 support level before another increase.
Stellar price was one of the best performers as it gained traction above the $0.1110 resistance level. XLM price broke the $0.1120 and $0.1140 resistance levels to move into a positive zone. It is currently up around 4% and it may continue to climb towards the $0.1160 and $0.1180 levels.
Tron price extended range moves below the $0.0240 resistance level. TRX price recovered recently and moved above the $0.0230 level. At the moment, it is trading in a tight range, with an immediate resistance at $0.0232. The main resistances are near the $0.0235 and $0.0240 levels.

Looking at the total cryptocurrency market cap hourly chart, there was a downside correction from the $137.0B swing high. The market cap declined below the $135.0B support level. However, the $132.0B support and the 100 hourly simple moving average acted as strong supports. Besides, there is a key connecting bullish trend line in place with current support at $133.0B on the same chart.
If there is a downside break below $133.0B and $132.0B, the crypto market could gain bearish momentum. On the upside, a break above the $135.0B and $137.0B resistance levels is must for a fresh upward move in bitcoin, Ethereum, EOS, ripple, LTC, bitcoin cash, XLM, TRX, and other altcoins in the near term.
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6 Banks Sign up to Issue Stellar-based Stablecoins on IBM’s World Wire

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6 Banks Sign up to Issue Stellar-based Stablecoins on IBM’s World Wire
IBM announced today that its global payment network, IBM Blockchain World Wire, has enabled payment locations in 72 countries, with 47 currencies and 44 banking endpoints and that it has signed letters of intent with six global banks.
6 Banks Sign up to Issue Stellar-based Stablecoins on IBM’s World Wire

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Source: CoinSpeaker

Mozilla Exec Joins Stellar Foundation as the New CEO

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Mozilla Exec Joins Stellar Foundation as the New CEO
Mozilla’s Denelle Dixon succeeds Jed McCaleb, Stellar’s co-founder as he moves to focus on the network protocol and adoption strategy. Denelle is expected to start her new job in May.
Mozilla Exec Joins Stellar Foundation as the New CEO

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Source: CoinSpeaker

Yet Another Cryptocurrency Wins Listing on Coinbase Pro

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Yet Another Cryptocurrency Wins Listing on Coinbase Pro
Coinbase adds Stellar Lumens to its professional trading service Coinbase Pro. Initially, XLM trading will be only available for customers in Coinbase’s supported jurisdictions, expect the state of New York.
Yet Another Cryptocurrency Wins Listing on Coinbase Pro

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Source: CoinSpeaker

Crypto Market Trading Sideways: XLM Shoots Up, Bitcoin Cash, EOS, TRX Analysis

The total crypto market cap is facing a strong resistance near the $129.0B and $130.0B levels.
Bitcoin cash price recovered above the $132 resistance and it could climb towards the $135 level.
EOS price is back above the $3.60 level, with a positive angle.
Stellar (XLM) price gained more than 5% and broke the $0.1000 and $0.1050 resistances.
Tron (TRX) is trading above the $0.0220 level and it could test the $0.0230 resistance.

The crypto market is trading sideways below key resistance levels. Stellar (XLM) gained recently, while bitcoin (BTC), Ethereum (ETH), BCH, EOS, ripple and tron (TRX) are preparing for the next break.
Bitcoin Cash Price Analysis
Bitcoin cash price recently moved above the $130 pivot level with a positive tone against the US Dollar. The BCH/USD pair even moved above the $132 resistance, opening the doors for a push towards the $135 resistance area in the near term.
The $135 resistance area is likely to act as a strong hurdle for buyers. If there is an upside break, the price could test the $140 level. On the downside, the main supports for buyers are near $130 and $128.
Stellar (XLM), EOS and Tron (TRX) Price Analysis
EOS price recovered nicely from the $3.50 support level. It recently broke the $3.55 and $3.60 resistance levels. It is currently consolidating above $3.60 and it could revisit the $3.75 resistance in the near term.
Stellar price performed nicely and gained traction above the $0.1000 resistance level. XLM price traded above the $0.1050 resistance and traded close to the $0.1100 barrier. The next key resistances are near $0.1120 and $0.1135. The main support on the downside is at $0.1000, below which it could test the $0.0920 level.
Tron price moved above the $0.0220 resistance and it is slowly gaining momentum. TRX is about to test the $0.0230 resistance, above which the next stop for buyers could be $0.0235. Sellers are likely to take a stand near the $0.0235 and $0.0240 resistance levels.

Looking at the total cryptocurrency market cap hourly chart, there was a decent rebound from the $127.0B support level. However, the market cap is facing a strong resistance near the $129.0B and $130.0B levels. A successful close above the $130.0B level could open the doors for a solid rally in the crypto market in the near term. On the other hand, if there is a downside correction, the $127.0B and $126.5B levels might act a supports. The main support is near the $125.0B level. In the short term, there could be more sideways movements in bitcoin, Ethereum, EOS, ripple, LTC, bitcoin cash, XLM, TRX, and other altcoins in the near term before the next move.
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Crypto Comeback: One Simple Chart Proves Altcoin Season Is Upon Us

The entire cryptocurrency industry is buzzing now that Bitcoin may have bottomed and a number of altcoins have started to break through downtrend resistance and cause a spike in price. The sudden, powerful rallies in the altcoin market have led many crypto traders and analysts alike to suggest an “alt season” is upon us.
The price charts of many individual smaller cap altcoins clearly depicts a change in sentiment and buying momentum amongst bulls. However, one simple chart shows that there has never been more interest in the alt market, proving that an “alt season” is already well underway.
Altcoin Season Is Here, According to Google Trends
Look at any number of altcoin price charts and there’s no doubt you’ll find a sudden rally following months of decline. It’s led to even experienced traders calling for an “alt season.” While almost each day a new coin is painting double-digit, and even triple-digit gains, the best proof that an alt season is upon us is by reviewing data on Google Trends.

The above chart clearly demonstrates a spike in interest in the altcoin market. In fact, there’s more interest now than there has been in over a year.
Related Reading | Experienced Altcoin Trader Outlines Expectations For Bitcoin and Alt Bull Cycles
It’s worth noting that the topic “altcoins” was used in the data, not “altcoins” the individual search term. Google describes topics as a collection of related search terms that are aggregated to give a more accurate overall snapshot of what people are searching for.

“In addition to helping with ambiguous search terms like “rice,” the new feature also automates counting many different searches that probably mean the same thing. So, when you measure interest in “Gwyneth Paltrow (Actress)” our algorithms count many other searches that mean the same thing “Gweneth Paltrow,” “Gwen Paltro,” etc. As our systems improve, we may even count searches like “Lead actress in Iron Man.” This can be particularly useful for topics that are commonly searched with misspellings and in different languages,” Google explains.

This means that not only is Google taking the exact search term “altcoins” into consideration when aggregating the total interest in a topic, it’s also taking related search terms such as “Litecoin,” “XRP,” and “Ravencoin,” into account in aggregate.
Current Interest in Altcoins Nearly Double That of the Peak of the Last Bull Run
Regardless of how Google pulls the data, Google Trends very clearly shows that interest in the altcoin market is the highest it’s been in a year. But when zooming out, the recent spike in interest is the highest level of interest ever witnessed in the alt market ever.

Not even the peak of the last bull run resulted in a similar level of interest in alts such as Litecoin or EOS. During that time, Ethereum had reached an all-time high of over $1,400, while other top cryptos such as XRP and Stellar reached $3.40 and $0.87 respectively.
Related Reading | Crypto Market Cap at Critical Resistance, Is Altcoin Season Around The Corner? 
Most altcoins are currently down 90% of more from their all-time high prices in USD, and even their ratio relative to BTC. At such low prices, altcoins are proving to be too attractive for investors to pass up.
Featured image from Shutterstock
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Criminal Side Of Cryptos Brought to the Surface in the New Hollywood’s Thriller

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Criminal Side Of Cryptos Brought to the Surface in the New Hollywood’s Thriller
Directed by John Stalberg Jr., the new movie ‘Crypto’ is scheduled to be released in selected theaters on April 12. 
Criminal Side Of Cryptos Brought to the Surface in the New Hollywood’s Thriller

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Source: CoinSpeaker

Stellar Lumens [XLM] skyrockets by 30% in two days following logo redesign

Stellar Lumens has been performing splendidly in the second week of March 2019, with the coin shooting up by approximately 30% in 48 hours. Though the exact reason for the surge cannot be pinpointed, many enthusiasts have speculated that it was fueled by the coin’s redesign of its logo.
XLM’s price increased dramatically in a brutal bear market, causing many in the crypto-community to declare that the “alt-coin season” had arrived. On March 8, 2019, the price of XLM hit its long-standing support at $0.08. However, the bulls defended this level and overcame the bearish pressure to start a rally soon after.
Source: TradingView
The aforementioned rally continued, pushing the price to $0.11, and amounting to an increase of 30.47%. The market cap of XLM increased by $300 million and reached $2.06 billion.
The price went into a correction phase as it dropped to $0.09 [i.e. a correction of 9.14%] and rallied again to form a double top pattern, which is a bearish reversal pattern.
The crypto-community speculated that the reason for this dramatic rise was Stellar Org’s new development, a new logo.
The Stellar Development Foundation put out a blog explaining the details that went into revamping the logo of Stellar Lumens. The blog said that the old logo was a cartoon rocket ship which wasn’t appropriate for use by central banks or a press release.
Source: Medium Blog | Stellar
After bidding adieu to the old logo, the blog stated,
“It’s [the new Stellar logo] got resonance with our “S”; it’s got just a hint of Saturn in there; and it can work in copy as a currency symbol… While we needed to completely refresh the logo, we wanted the new Stellar wordmark to be more familiar to our established community.”
The redesign of the brand will be officially launched on Stellar.org in May 2019, according to the blog.
@TelTuna, a Twitter user, commented,
“People complain about the logo !! Don’t miss the point of change in the logo here !!! $xlm would have also been forced to change the logo since it is getting real and of course central banks or national monetary authority wouldn’t want a rocket ship in their advertisement.”
@EErnito, another Twitter user, commented,
“Nooooooooooooooo The new logo is just as soulless as all the others… Bye bye, rocketship. ”
The post Stellar Lumens [XLM] skyrockets by 30% in two days following logo redesign appeared first on AMBCrypto.
Source: AMB Crypto

Stellar is Surging on SatoshiPay Acquisition Rumors, Is It Sustainable?

Following on from a generally quiet weekend, Stellar’s XLM continues a strong performance into Monday. This brings welcome relief to a project that had fallen sharply since last November when it was trading as high as 4,705 satoshis.
As of 08:00 GMT, XLM/BTC is trading at 0.0002678, up 25% from March 7th. During this time frame, 24-hour volume has increased by $77million, with Chinese exchange ZB.com currently accounting for the majority of the volume with its XLM/USDT pairing.

SatoshiPay Will Use Stellar’s XLM for Micropayment Solutions
On the 7th March, SatoshiPay announced details of a strategic partnership with German media outlet Börsenmedien AG. Both companies will collaborate to develop a micropayment solution. The proposal will allow users to purchase premium content, with a single click, on platforms owned by the publishing house.
In response to the news, SatoshiPay CEO, Meinhard Benn states:
“We are delighted to have gained Börsenmedien AG as a strategic partner that firmly believes in SatoshiPay’s vision — both, as an investor and as a content provider. The groups’ digital formats, such as videos, PDF downloads or e-books represent an ideal use case for our technology. We are looking forward to further develop our product in close collaboration with Börsenmedien’s editorial and product teams.”
Börsenmedien AG founder and CEO, Bernd Förtsch, discusses the intent behind the stake acquisition:
“[Currently] online content is either free and monetised through ads or charged for — in which case readers have to sign-up for a subscription or deal with paywalls. [But] there’s a gap in between: inexpensive content that can be purchased on a pay-per-article plan, without hassle. SatoshiPay’s nanopayment solution represents that missing link that fills the gap. We are excited about our stake in SatoshiPay, as well as the upcoming integration of their solution on our websites.”
Stellar Approval
The planned solution will utilize Stellar’s ledger to transfer payments from the user’s wallet to the publisher. Furthermore, this proposal will take full advantage of the low transactional costs of the network, and will also benefit from direct end to end transfer without a 3rd party intermediary.
Lisa Nestor, Director of Partnerships at Stellar commends the pairing in her most recent tweet:

Another great win for the #Stellar ecosystem! @SatoshiPay brings on a new investor and platform partnership. A big congrats from @StellarOrg https://t.co/p9idRqddMm
— Lisa Nestor (@nestorious828) March 7, 2019

She goes on to say:
“Enabling seamless micro-payments through a platform like SatoshiPay has tremendous value across industries and geographies. And enabling purchases of content is an obvious place to start. SatoshiPay continues to execute on their vision, signing on high-value partners like Börsenmedien AG. We are excited to see the company grow and continue to be a leader in the industry.”
Micropayments
The move by Börsenmedien AG to utilize micropayment solutions goes some way to addressing criticisms of cryptocurrency’s failure to integrate with everyday life. This represents a further development of the space, and a calculated move to capitalize on changing media consumption habits.
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Crypto Market Sighting Bullish Break: XLM, Bitcoin Cash, EOS, TRX Price Analysis

The total crypto market cap is trading nicely above the $128.0B support level.
Bitcoin cash price recovered recently and traded above the $132 resistance.
EOS price is currently placed nicely above the $3.70 support level.
Stellar (XLM) price rallied more than 10% and broke the key $0.1000 resistance area.
Tron (TRX) is currently consolidating near the $0.0230 support level.

The crypto market seems to be eyeing an upside break, with bullish moves in bitcoin (BTC) and Ethereum (ETH). Stellar (XLM) rallies recently, while BCH, EOS, ripple and tron (TRX) remain supported.
Bitcoin Cash Price Analysis
Bitcoin cash price rebounded nicely this past week and moved above the $128 and $130 resistances against the US Dollar. The BCH/USD pair is currently trading above the $132 level and it seems like there could be more gains towards the $135 resistance in the near term.
However, the main resistance is near the $138-140 zone for a larger upward move. If the pair fails to climb higher, there are chances of a downside correction below the $130 support.
Stellar (XLM), EOS and Tron (TRX) Price Analysis
EOS price gained traction this past week and broke the $3.50 and $3.60 resistance levels. The price even broke the $3.70 and $3.75 resistance levels before starting a short term correction. It is currently trading well above the $3.70 support, with chances of a move towards the $3.80 or $3.85 resistance level in the near term.
Stellar price performed really well and rallied above the $0.0900 and $0.0950 resistance levels. XLM price is up more than 10% and it even surpassed the $0.1000 resistance level to move into a positive zone. The current price action is positive and it seems like the price could rise towards the $0.1100 resistance level.
Tron price remained confined in a range above the $0.0220 support level. TRX price recently moved above $0.0230, but it faced a strong resistance near the $0.0235 and $0.0240 resistance levels. It seems like the price is preparing for the next key break either above $0.0240 or below $0.0220.

Looking at the total cryptocurrency market cap hourly chart, there was a sharp upward move after a test of the $124.0B support level. The market cap jumped above the $126.0B and $128.0B resistance levels. However, the $130.0B level is acting as a strong resistance and preventing further gains. In the short term, there could be a downside correction before there could be another attempt to surpass the $130.0B resistance. On the downside, the key supports are near the $128.0B and $126.0B levels. Overall, dips remain supported in bitcoin, Ethereum, EOS, ripple, LTC, bitcoin cash, XLM, TRX, and other altcoins in the near term.
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