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Latest news from Stellar Lumens
The thing is, if implemented correctly, Blockchain will destroy businesses, governance systems and even value exchanges. In addition to supply chain management, blockchain is definitely emerging for the banking sector.
That's why Stellar and Ripple – two companies are joining the possibilities of blockchain-based solutions in the existing financial architecture with the goal of providing financial services for everyone, anywhere – they are hailed as the future of finance and banks.
To read: XRP Architect, Ripple & # 39; s Schwartz Harrowed Over Crypto Adoption
While Ripple is better capitalized, Stellar is rapidly recovering and performing according to their original road map. Encouraging, there is progress.
In October 2017, Stellar worked with IBM and KlickEx to facilitate cross-border transactions in the South Pacific region. The cross-border payment system developed by IBM includes partnerships with many large banks including Deloitte.
– Eric (@ 2ez28u) August 14, 2018
The recent launch of Interstellar, a stellar collaboration with IBM in 2017, many more companies do not hesitate to use the platform platform to quickly track the achievement of one of the company's principles: to advance global financial literacy , supporting the inclusion and providing economic cross-order solutions.
Stellar & # 39; s Lightyear has acquired the blockchain boot chain. Companies will merge their brands into "#Interstellar. "Users will move on #Stellar ledger, which allows organizations to issue, negotiate and manage resources. Stellar is moving fast to reach #Ripple (yes, the company).
– Weiss evaluations (@WeissRatings) 11 September 2018
Price analysis XLM / USD
Despite the decline in digital asset prices, XLM has been in range mode for the better part of the year. In fact, just before the recent break under the main support line from 15 cents to 20 cents, XLM / USD prices were confined to a range of 15 cents with caps at 30 cents and plans at 15 cents. For this reason, XLM / USD is traded within a bear breakout model and although it is constant, the path of least resistance is to the south.
Unless there are earnings above 9 tenths to 13 cents, bears are likely to push prices below 6 lows by 10 cents. Once printed, it will be unavoidable for Stellar to test 8 cents or less by the end of the year.
However, because the support is subject to BTC's performance and the king's collapse could send reverberation through the digital resource space.
Our XLM / USD is constant and will be the following:
Buy: 13 cents
Stop: 11 cents
Objective: 17 cents
Latest IOTA news
After days of coordinator, coordicide conversations and the sober assessment that the platform was to some extent "centralized", the IOTA is moving towards complete decentralization.
Finally it's out. The #IOTA foundation has a specific solution for the coordicide. Centralization in IOTA will go very soon. What then (if everything works as planned) makes IOTA the only one and the first project that satisfies Satoshis' vision, but without extracting it, in 2019.
– Tangleblog.com (@tangleblog) December 9, 2018
The coordinator is a centralized protection mechanism that protects the network from double spending. It is a necessary checkpoint in a labor-proofing mechanism that leverages the network.
Read also: CEO of Swift to resign after 7 years at the helm
With the decoupling you will re-align the network according to the ideals of Satoshi Nakamoto even if there is no extraction.
The concept of #bimodal IT has become increasingly popular in the traditional industry. traditionally #bimodalIT has divided a 2-part department, one that deals with maintenance and support issues, while the other focuses on innovation and expansion – the #IOTA Alpha and Omega team. pic.twitter.com/LArRHhxDl3
– IOTA news (@iotatokennews) December 12, 2018
To this end, the IOTA Foundation has unveiled two development teams: the Alpha Team to address the development of the ecosystem. The Omega team that will see the achievement of the IOTA objectives.
Analysis of IOT / USD prices
From the point of view of the effort with respect to the result, the IOT / USD is technically bullish thanks to the price increase of 7 December 1800HR.
Although sellers have the upper hand, sellers are literally trying to cancel the earnings of the dec, considering that IOT / USD has been in consolidation mode in the last week. Better still, prices are confined by December 7 in high-low. For this reason, our purchase triggers are set at 25 cents.
If the purchased momentum increases and pushes IOTA above this level, the first target will be 34 cents or 21 Nov. On the back side, losses of less than 20 cents could trigger panic sales towards 15 cents or less.
This is our IOT / USD business plan:
Buy: 25 cents
Stop: 24 cents
First goal: 30 cents
All graphics courtesy of Trading View
This is not an investment or a financial advice. Do your research.
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