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BitOasis lists Stellar Lumens' XLM with fiat (USD) pair - Global Coin Report
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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.


Top 4 Cryptocurrencies to Bet on in 2019



top 4 cryptocurrencies

The crypto winter ended and Bitcoin is breaking through the $5000 resistance barrier and leading a general charge in bullishness among cryptocurrencies has seen more positivity in the market than ever before. However, before any talk of a crypto spring should start, we need to look at what happened during the winter.

Many different platforms were either fully released or improved upon significantly. There has been a surge of innovation and the crystallization of ideas. The market isn’t just about crypto trading or bitcoin trading; it has become more about what businesses will leverage blockchain in the best way. Investors need to look at what a coin offers beyond just being a cryptocurrency. What partners does it have, what is the long term plan and is it liquid enough?

Investing in altcoins has never been a better option than right now. The volatility index shows that the market is growing without having to rely on Bitcoin. While Bitcoin still determines and up or down trend, the altcoins do not follow this trend exactly. More and more tokens and coins are surviving and thriving on their own merits rather than riding in Bitcoin’s wake.

The four coins to follow are our pick for the top 4 cryptocurrencies most likely to give you substantial returns by the end of 2019.

Stellar Lumens (XLM): Cheap coin, and massive market to grow

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2019 Will Be a Big Year for Luxcore




With the recent surge of Bitcoin in the last few weeks, many traders are hoping for a more profitable year than 2018.  Even if that comes to fruition, my advice over the past year remains the same.  Traders must look for companies and projects that offer blockchain solutions with real-world use and complete transparency.  One company that meets both of those requirements is Luxcore (LUX).

What is Luxcore?

Luxcore is a blockchain solutions and services ecosystem that focuses on developing security and privacy products.  The Luxcore platform utilizes the PHI2 algorithm powered blockchain to build a wide variety of product offerings.  One of the platform’s primary goals is to help close the gap between regular consumers and enterprise users by introducing specific use-cases for each group of users.

Exciting Roadmap for 2019

As mentioned earlier, one of the absolute requirements of building a successful blockchain project is to be fully and completely transparent.  Luxcore certainly meets that requirement with the introduction of their most recent roadmap.

The roadmap does a great job of showing which projects are in development, how far along each project is, and the expected completion date of each project.  With this, LUX traders and potentially interested consumers can follow along and monitor the status of projects that they are especially interested in.

Since many crypto projects have inevitably disappointed the market, offering…

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Can XRP Break Out of the Falling Wedge?




XRP is the third largest cryptocurrency by market cap, which currently sits at around $13.5 billion. The coin also has a price of $0.325316 at the time of writing, after seeing a significant price correction of 4% in the last 24 hours.

Just like many other cryptocurrencies, XRP has seen massive losses during the 2018 bear market. However, this falling wedge seems to have seen a real breakout in 2019, as the crypto winter started to let go, and a lot of coins saw significant price recoveries.

XRP’s falling wedge was much more difficult to stop, which can be seen on its long-term chart. But, the recent bull runs allowed numerous cryptocurrencies to finally see growth, and XRP is definitely one of them. The charts also show that the coin’s falling wedge has seen a breakout, which is an excellent thing for the future of XRP’s price.

However, for the coin’s price to truly turn and stay bullish, XRP needs to see larger volumes. The experts believe that this is the key for a new rally, one which would allow XRP to reach true recovery.

XRP price performance and predictions

As mentioned, XRP had struggled to start growing even when most other cryptocurrencies were drawn in a number of bull runs. While the coin has been acting the same as others until mid-February, it is clear that the…

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