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BitOasis lists Stellar Lumens’ XLM with fiat (USD) pair




BitOasis is a cryptocurrency exchange specialized in the Middle East and some zones in North Africa. As of yesterday, the Stellar Lumens’ XLM digital asset is included to the company’s trading platform.

As soon as the press release was published, all BitOasis users will be able to buy and sell XLM with no trading fees at all, paired against the local fiat currency (the United Arab Emirates Dirham), but only if they live in Oman, Bahrain, Kuwait, Saudi Arabia, and the United Arab Emirates. What makes this move particular is, precisely, that pairing with the local currency instead of Bitcoin, which is the usual way to go in most crypto exchanges in the world.

It is an exchange that already offers a wide variety of digital assets such as Ethereum (ETH), Ethereum Classic (ETC), Ripple (XRP), Bitcoin (BTC),  Bitcoin Cash (BCH), ZCash (ZEC), Litecoin (LTC), and Monero (XMR). XLM is the newest family member.

The announcement came as the crypto market plummeted for the second time in less than a week, losing 25 billion until it settled at 152 billion. Every single coin went down and suffered from the bear’s hug as can be seen by a majority of double red numbers for every single one, except for Ripple that still traded in red but in single digits only.

Earlier this year Stellar Lumens was under the spotlight several times. Coinbase announced it for consideration in its platform. The project has secured several interesting strategic partnerships of which the most important is, undoubtedly, the one with IBM.

Stellar is now IBM’s only crypto partner, which means that all the projects that Big Blue wants to bring into the cryptosphere will work on Stellar’s blockchain. It will also use XLM as the native token. In the digital world, it rarely gets any bigger than this.

But despite a year full of good news for Stellar, the token has not been able to avoid taking a beating in the current market. This has nothing to do with flaws in the project, or in the coin, but rather with the fact that the market has been plummeting all year long, and every asset as felt the trend down in varying degrees.

As we write this article, SLM is at $0.2015; it’s not on the rise and trading in the red for more than a full day. Its market capitalization is at 3.86 billion, and the trade volume is of $119 million.

Don’t take its current price into account. Stellar is a blockchain project with good leadership, good technology, a clear purpose, and many relevant partners. Slowly, but surely it’s gaining adoption, and it’s challenging Ripple to become the crypto platform of choice for the traditional financial industry. And since IBM is already doing business in some way with 90% of the world’s banks, we should not underestimate the potential that XLM holds, whatever the current market trend may be.

Stellar’s logo is a rocket headed to the stars. If news like this keeps popping up in the cryptosphere regarding XLM, we don’t doubt at all it will eventually get there.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and 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.

Image Courtesy of Pixabay.


XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange



Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited ( ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub ( ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more.

NFTs are already being actively traded in markets globally. For…

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Should Crypto Projects Devote Resources to Community Growth and Marketing?



2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for.  While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory.  When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion.  But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.

I mention both of the above projects as they have each taken slightly different paths to achieve greatness.  Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion.  Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special.  Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.

Cryptocurrency vs. Blockchain Technology

It’s important to make a distinction between blockchain technology and cryptocurrency.  Although they are often used interchangeably, they are different.  Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…

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XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata



Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub ( will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.

As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. 

“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.

He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”

Mr. Yamagata has been…

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