• About
  • Contact
  • Our Team
  • Privacy Policy
Newsletter
Crypto Recorder
Advertisement
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Litecoin
  • Investing
  • Ripple XRP
  • Education
  • Contact Us
    • Become a Contributor
  • Advertise With Us
No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Litecoin
  • Investing
  • Ripple XRP
  • Education
  • Contact Us
    • Become a Contributor
  • Advertise With Us
No Result
View All Result
Crypto Recorder
No Result
View All Result
Home News Altcoins

Kucoin adds XLM/USDT as IBM looks to use Stellar in fighting climate change – Good tidings ahead for Stellar (XLM) investors!


Nicholas by Nicholas
August 17, 2018
in Altcoins, News
Kucoin adds XLM/USDT as IBM looks to use Stellar in fighting climate change – Good tidings ahead for Stellar (XLM) investors!

3
SHARES
Share on FacebookShare on Twitter

Kucoin, a well-known crypto exchange has made some changes to their crypto pairings. The exchange has announced that they are dropping some of USDT pairings and adding a few more. One of the coins they have added with the USDT pair is Stellar XLM, as seen in the announcement below.

Related articles

Digibyte vs Litecoin

Digibyte (DGB) v Litecoin (LTC) – Which one is a better investment in 2019?

February 20, 2019
Cardano

Ethereum (ETH) could keep rising in anticipation of ETH staking

February 18, 2019

For Stellar investors, this is welcome news, because it makes Stellar more accessible, which could add to its already fast rising demand. The announcement by Kucoin comes after some other good news related to Stellar such as coming migration to Stellar 10.0.0. Stellar 10.0.0 will have some interesting additions to the stellar network including the much awaited bump sequence operation.

In other news, IBM could be looking to tackle climate change using the stellar blockchain.  Two days ago, IBM sent out the following tweet, with regards to its efforts to fight climate change.

STELLAR XLM

Though they have not mentioned Stellar directly in this tweet, they had already hinted earlier along that they would be using the stellar network for this purpose.  Their reason for choosing Stellar for this purpose is because it eliminates the challenge of trading carbon credits through centralized market places. Since Stellar’s StellarX is a decentralized exchange, it offers the perfect platform for the trading of carbon credits, hence creating the incentive for companies to cut on their carbon emissions and earn carbon credits. If this project by IBM gains steam, it will be a huge boost for stellar (XLM). That’s because Stellar (XLM) is the crypto that is used for paying transaction fees on the StellarX exchange.  This means that the higher the volumes of transactions on this exchange, the better it is for the value of Stellar (XLM). The carbon credits market is worth billions of dollars and if these transactions were to be conducted on the stellar blockchain, then the value of Stellar (XLM) will push up significantly in the long-run.

Stellar (XLM) technical analysis

With all these good news about Stellar (XLM), how is this crypto likely to perform in the near-term? Well, in the hourly chart, Stellar is in an early bull-run.  It has broken outside the 55 and 100 moving averages range, an indicator that bulls are in control of this market. The 55-day moving average is now offering key support, and buying momentum is pushing stellar (XLM) towards $0.23.  If buying volumes rise in coming hours, Stellar (XLM) could test $0.238.

Longer-term, Stellar (XLM) is stabilizing at around $0.20 and $0.23, after the recent dump that saw it drop to $0.192.  With good news such as the IBM news, there is a good chance that Stellar will pick up momentum, at around $0.23 and rally back to its recent highs of $0.30.

Tags: IBMKucoinStellarStellar (XLM)XLM
Share3TweetShare
Previous Post

Investor Insight: Top 2 Cryptocurrencies To Buy; VeChainThor (VET) and Zcash (ZEC)

Next Post

VeChain Coin (VET) Spiking Up By 39% with the Latest Partnerships and Integrations

Related Posts

Digibyte vs Litecoin
Altcoins

Digibyte (DGB) v Litecoin (LTC) – Which one is a better investment in 2019?

February 20, 2019
Cardano
Altcoins

Ethereum (ETH) could keep rising in anticipation of ETH staking

February 18, 2019
Dogecoin
Altcoins

Dogecoin (DOGE) – Tinder could be a big deal for Dogecoin: Is this the beginning of a bull run?

February 17, 2019
Digibyte
Altcoins

Digibyte (DGB) – Digiassets testing on-going: Bright future ahead for Digibyte

February 16, 2019
Cardano
Altcoins

Cardano (ADA) – 4 Dlab/Emurgo projects that instill faith in Cardano: The future is bright!

February 15, 2019
Tron
Altcoins

Stellar (XLM): Canadian Exchange, Coinsquare Acquires StellarX!

February 14, 2019

Leave a Reply Cancel reply

Your email address will not be published.

No Result
View All Result





Latest News

  • Trending
  • Comments
  • Latest
Dogecoin

Dogecoin (DOGE) – Tinder could be a big deal for Dogecoin: Is this the beginning of a bull run?

February 17, 2019
Cardano

Ethereum (ETH) could keep rising in anticipation of ETH staking

February 18, 2019
Digibyte

Digibyte (DGB) – Digiassets testing on-going: Bright future ahead for Digibyte

February 16, 2019
Digibyte vs Litecoin

Digibyte (DGB) v Litecoin (LTC) – Which one is a better investment in 2019?

February 20, 2019
Cardano

Cardano (ADA) – 4 Dlab/Emurgo projects that instill faith in Cardano: The future is bright!

February 15, 2019

Cardano (ADA) to hit $10 within the next one year!

January 19, 2018
Digibyte vs Litecoin

Digibyte (DGB) v Litecoin (LTC) – Which one is a better investment in 2019?

February 20, 2019
Cardano

Ethereum (ETH) could keep rising in anticipation of ETH staking

February 18, 2019
Funding

The Top 7 Sources of Startup Business Funding

February 18, 2019
Dogecoin

Dogecoin (DOGE) – Tinder could be a big deal for Dogecoin: Is this the beginning of a bull run?

February 17, 2019
Digibyte

Digibyte (DGB) – Digiassets testing on-going: Bright future ahead for Digibyte

February 16, 2019
Cardano

Cardano (ADA) – 4 Dlab/Emurgo projects that instill faith in Cardano: The future is bright!

February 15, 2019



Crypto Recorder

CryptoRecorder.com is a Dedicated Cryptocurrency news website and writes a variety of educational articles related to smart crypto trading, bitcoin and altcoins. You will find a details article on almost every hot altcoin and unbiased analysis of coins.

Recent Posts

  • Digibyte (DGB) v Litecoin (LTC) – Which one is a better investment in 2019?
  • Ethereum (ETH) could keep rising in anticipation of ETH staking
  • The Top 7 Sources of Startup Business Funding

Follow Us

Facebook Twitter Google+ RSS

Newsletter

© 2017 JNews – Premium WordPress news & magazine theme by Jegtheme.

  • About
  • Contact
  • Our Team
  • Privacy Policy
No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Litecoin
  • Investing
  • Ripple XRP
  • Education
  • Contact Us
    • Become a Contributor
  • Advertise With Us

© 2018 Copyright CryptoRecorder.