While it is quite positive to see a lot of green on the cryptocurrency charts right now, it remains to be seen how long the momentum will last. Judging by the current Stellar price, things may effectively improve over the weekend. Then again, the day is not over just yet, as new bearish momentum is forming already. The Stellar Price Notes a Large Gain As is always the case in the world of cryptocurrency, any positive price momentum will usually be followed by more bearish pressure. Whether or not this weekend and upcoming week will prove to be different, remainsPowered by WPeMatico
It is evident the cryptocurrency markets are going through a brief period of recovery as of right now. With most markets showing some positive momentum out of the blue, things are looking good as of right now. The Stellar price is one of the biggest gainers over the past 24 hours, pushing the value back to over $0.22. A positive turn of events, assuming this momentum doesn’t vaporize in the next few hours. Stellar Price Momentum Returns With last week finally behind us, the time has come to look toward the future once again. Right now, the momentum across all
While there is weight to the argument that the success of one cryptocurrency promotes the success of all cryptocurrencies, there are certainly a number of coins whose communities and even development teams have adopted a position of spite and rivalry toward competing projects. Here are five of the best rivalries throughout cryptocurrency. 5. Binance Coin vs KuCoin Shares While Binance emerged as the premier altcoin exchange in 2017, high withdrawal fees, dust issues, and registration closeouts led many traders to seek something better than even Binance. From this search, KuCoin emerged late last year. Binance Coin (BNB) and KuCoin Shares
There are always interesting correlations in the world of cryptocurrency these days. With the XRP price going up quite spectacularly over the past 24 hours, it is not entirely surprising to see the Stellar price almost mimic the momentum. More specifically, we are now looking at a Stellar price of almost $0.4, which is pretty significant. Stellar Price Momentum Continues It is interesting to see how the cryptocurrency markets are evolving as of right now. While it seems every market is almost on the bubble of seeing major gains, very few of them are actually showing their true potential as
While it is widely agreed that past trends cannot predict future markets, today’s cryptocurrency market movements suggest a similar trend to what has been observed multiple times throughout 2017. Today, we see money flowing away from altcoins, back to Bitcoin, as sentiments towards the grandfather coin continue to turn bullish. Bitcoin (BTC) has climbed close to 6% in the past 24 hours, growing from a price of roughly US$11,200 to its current price of $11,870. This growth translates to a market cap appreciation of US$10 billion. Unfortunately, these gains have not entirely translated to the global cryptocurrency market cap, which has
Big changes are coming to the world of cryptocurrency exchanges. While centralized services are still the go-to solution right now, more and more decentralized trading platforms are launching as we speak. Stellarport is the latest venture of this type to open its doors to the public. It is an interesting business model which creates a trustless and frictionless ecosystem for people looking to trade and exchange digital currencies. Do keep in mind this project is not part of the Stellar Foundation, but rather a separate company. An Overview of Stellarport It is always interesting to see how cryptocurrency exchanges evolve over