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Stellar (XLM) poised to see massive gains next year, here’re the reasons why

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Have you seen Stellar Lumen’s (XLM) logo? It’s a rocket heading for the sky.

It just so happens that Stellar Lumens has been gathering a lot of momentum over the last year, so next year we could really see its native token (called XLM) reach for the sky and beyond. In this article, we tell you the reasons why.

Interstellar

This is the result of a partnership between Stellar Lumens and Chain, which already boasted a lot of important partners such as NASDAQ, Citigroup or Visa.

It’s the for-profit arm of the Stellar Lumens project, and they’re already working with Chain’s partners in applying the blockchain technology in many different ways such as decentralized, smart information systems and payments across borders.

The rise of the Security Tokens

Many blockchain projects have financed themselves through ICO’s. This practice may disappear soon because it creates all kinds of problems with financial regulations in many countries around the globe. The new alternative will be the SCO, which will be based in “security tokens” that already exist and can be circulated at once. This gives Stellar an important advantage over other tokens.

IBM

Not enough is said about IBM and Stellar. IBM has a lot of interest in blockchain technology. They are currently pursuing more than 500 blockchain projects around the planet, and their blockchain of choice is none other than Stellar Lumens.

If that wasn’t enough, one of Stellar’s use cases is to eliminate friction from international transfers among banks, and IBM is already working with about 90% of the world’s banks in one way or the other. This gives Stellar a privileged position when it comes to securing partnerships in the financial world.

Starlight

Starlight is an instant payments channel. It’s deployed over the Interstellar network, and it uses XLM as a mediating currency to settle payments across borders. It’s quick, it’s safe, and it charges no transfer fees. It’s Ripple’s worst nightmare. This service will increase demand and usefulness for the XLM coin which, in turn, will drive its price up in exchanges.

Stellar X

It will be a new cryptocurrency exchange that will feature several innovations. First of all, it’s going to run on the Stellar blockchain which means it’s going to be 100% decentralized, which is not the case yet for most exchanges and trading platforms.

Second of all, it will probably adopt XLM as a base currency which will create demand. But even if XLM is not the base coin for the platform, it will earn a lot of attention that will also create demand.

Bakkt

This is one of the most interesting projects in the cryptosphere, and it could go live as early as next week (but don’t quote us on that).

This will be a cryptocurrency exchange created by a partnership between Microsoft, Starbucks, and ICE (which is the New York Stock Exchange’s parent company). You don’t get much bigger names in the world’s capitalist economy.

Bakkt will offer several financial services based in several cryptocurrencies (mainly Bitcoin), but its main aim is to take advantage of digital assets in the real world. In other words: Starbucks wants you to be able to pay for you latté using your bitcoins.

While this is not a development exclusive to Stellar Lumens, as are the others above, it will give the cryptosphere a lot of momentum, credibility, and usefulness, and Stellar will profit from that more than other coins because it already has many proven use cases.

So keep an eye out for Stellar Lumens (XLM) next year (and beyond, of course). You might just be surprised.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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CoinFlip Scores Big with BRD Wallet Partnership

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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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Can Libra help the crypto industry to reach new heights?

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Libra is motivated and determined to change the face of payment procedures across the globe and make the blockchain-based project the leaders of payments.
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The market for cryptocurrencies started with the launch of Bitcoin in 2009, and since then, so many cryptocurrencies have been launched that it gets hard to keep track of them. The crypto market has seen massive growth in the past 3-4 years as it started gaining attention from mass media, which helped in this boom.

From the past 2-3 years, several new cryptocurrency projects were launching in the market. Amid all this, the social media giant – Facebook announced the launch of their cryptocurrency platform, and this news got viral like wildfire. The announcement came forward in June, and the upcoming cryptocurrency is known as Libra, and it’ll come with its dedicated wallet called Calibra.

What is Libra?

Libra is a permissioned blockchain-based digital currency which is being developed under the supervision of Facebook’s vice president, David A. Marcus. The cryptocurrency is under development in partnership with an independent, non-profit member Libra Association. Facebook is the second member of the project, and these companies aim to use Facebook’s user base for the promotion of the digital currency when it is launched. The transactions and the cryptocurrency will be managed and cryptographically entrusted by the Libra Association.

Note: Libra Association was established by Facebook to look after the cryptocurrency and the transactions, and it was founded in Geneva, Switzerland.

The development of…

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Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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