Archive | Lumens

IBM to Expand Business Cryptocurrency Applications

Computer giant IBM has been meeting with executives from central banks and large corporations this year to investigate possibilities of further utilizing cryptocurrency technology to save money and increase business revenues. Over the past year, IBM is reported to have met with 20 central banks all exploring the potential of applying the new technology to […]

NEO, EOS, LTC, IOTA and Lumens: Altcoins Technical Analysis March 29, 2018

Bitcoin is important in this realm. Despite the slide, there are a couple of impressive projects especially in Lightning Network that is a big plus  if its implementation turns out positive. In the last 7 days, Blockstream has been releasing LApps that would hopefully fast track merchant BTC adoption. It’s not Bitcoin only but IOTA […]

NEO, EOS, LTC, IOTA, Lumens: Technical Analysis March 24, 2018

While Ace is up 157%, BTC could only muster a 0.2% gain helping slow down the altcoins slide. Generally speaking, NEO, LTC, EOS, IOTA and Lumens are better off than yesterday’s uniform drop. Why not? With Binance announcement and quashing of potential JFSA FUDs, cryptocurrencies should fair relatively well. Binance will instead shift their focus […]

NEO, EOS, LTC, IOTA, Lumens: Technical Analysis March 23, 2018

According to data from CoinMarketCap, a 2.5% drop in BTC prices led to a 6% price erosion of Stellar Lumens by end of March 22. This goes on to tell us how dependent altcoins are on BTC volatility and how the correlation is direct. However, even in the midst of all these reds and price […]

Alt Coin Analysis: NEO, Stellar Lumens, EOS, LTC and NEM

Two alt coins are still moving inside a boring accumulation phase: NEM and LTC. While this pattern is important especially for securities or tokens that are bottoming up, the longer it continues the stronger the explosion. In our case, our focus is on NEM and the key resistance trend line that has been liquidating bull […]

What are Stellar Lumens?

There has been a strong focus on the Stellar Lumens tokens over the past few days. Cryptocurrency enthusiasts may know this initiative under the name of “XLM”, as that is how this unit is traded on various exchanges. However, there seems to be some confusion as to how these tokens are created or how they […]