Blockchain is Airdropping $125M in Stellar Lumens to Its Wallet Users

Blockchain will be airdropping approximately $125 million worth of Stellar lumens to its users, in conjunction with the Stellar Development Foundation. This marks the largest airdrop in cryptocurrency history. Those interested in taking part must possess a Blockchain wallet and be willing to verify their identity. The first group of customers is set to receive their lumens sometime this week at no charge. Stellar is Blockchain’s first airdrop partner since it launched its official “Airdrops Guiding Principles” framework last month. Jed McCaleb, co-founder of the Stellar Development Foundation, believes airdrops…

Blockchain.com Wallet Adds Stellar, Announces $125 Mln XLM Airdrop to ‘Drive Adoption’

Cryptocurrency wallet provider Blockchain.com has launched full support for altcoin Stellar (XLM), accompanied by a hefty airdrop of $125 million worth of XLM to its user base. The news was announced in an official blog post today, Nov. 6. Blockchain.com pitched the mammoth offering as “the largest airdrop in the history of crypto and likely the largest consumer giveaway ever,” suggesting that airdrops are “a great way to drive decentralization and adoption for new networks.” The firm underscores that the benefit of crypto airdrops for consumers are that they are…

A New Australian Dollar-Backed Stablecoin Slated to Launch on Stellar

Utility billing and payment services provider Novatti is launching a new Australian dollar (AUD)-backed stablecoin known as the Novatti AUD Utility Token on the Stellar Network.   As the platform’s tokens are tied to Australian dollars, all units in circulation will have an equal, matching reserve of AUD, allowing investors to use the currency freely without having to worry about price fluctuations. Novatti will hold the coin’s dollar reserves through the company’s licensed subsidiary, Flexewallet Pty Ltd., which is also registered as a remittance network provider with the Australian Transaction Reports…

Coins Ready to Rally as ADA, Stellar, Litecoin Reject Bears

While Litecoin might be a “relic” according to Tushar Jain, their developers are ready to slash transaction costs by a factor of 10 once Litecoin core 0.17 goes live. The release date is tentative but what we know for sure is that EOS trade volume are roughly five percent that of Ethereum. Besides, it’s prone to congestion all thanks to the introduction of Block Producers who often collude locking out “outsiders”. Let’s have a look at these charts: EOS Price Analysis According to reports, there is a CPU problem in…

Bitcoin Stabilizes at $6,550, Analysts Optimistic About Stellar Breakout

Over the past 24 hours, the Bitcoin price has stabilized in the mid-$6,000 region. BTC eyed a breakout at a major resistance level at $6,800, but has slightly declined to the range of $6,550 to $6,600. Most major cryptocurrencies including Ethereum (ETH), Ripple (XRP), and EOS have recorded fairly large losses in the range of 3 to 5 percent on October 1, failing to sustain momentum against both Bitcoin and the US dollar. But, many technical analysts in the cryptocurrency community have expressed their optimism towards the short-term trend of…

Litecoin, Stellar Lumens, Monero, Cardano, EOS Price Analysis

Sep 18 flash gains are quickly evaporating giving way for solid Sep 17 losses backed by high level of participation syncing with the dominant trend—that of sellers. That is why, it’s likely that EOS, Litecoin, Stellar Lumens, Monero and Cardano prices might drop in coming days with Cardano for example dipping below 6 cents and printing new lows. Litecoin is also poised to shed some more so if there are dips below $50 before the weekend. Let’s have a look at these charts: EOS Price Analysis Latest EOS News Block…

Litecoin, Monero, Cardano, Stellar Lumens, EOS Price Analysis

Undoubtedly, altcoins are under immense pressure. Laying out this is the increase of Bitcoin dominance to over 55 percent showing investors shifting their capital from altcoins to Bitcoin. All in all, rousing developments in EOS, they are set to unveil new dApps, should prop prices while a damning analysis by Tushar Jain, the MD of Multicoin could trigger renewed criticism on Litecoin and Charlie Lee further damping prices. Let’s have a look at these charts: EOS Price Analysis Latest EOS News According to reports from IMEOS, the CEO of EOS–Brendan…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, September 14

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Mike Novogratz, founder and CEO of crypto investment firm Galaxy Digital Capital Management, called a bottom in cryptocurrencies on September 13, while conversely the Chief Commercial Officer of BitPay, Sonny Singh believes that Bitcoin will resurge in 2019 but that altcoins “will never come…

Stellar Lumens, EOS, Litecoin, Tron, IOTA Latest News and Price Analysis

The altcoin market is stabilizing and poised to add more over the weekend due to specific candlestick formations in EOS, Litecoin, IOTA and Tron. That’s on top of favorable altcoins news that continues to trickle. Of all the coins under our review, Stellar Lumens price is slow to pick up and still trading below 25 cents. However, the general shift in momentum could aid thrust altcoin prices back towards profitability in the short to medium term. Let’s have a look at these charts: EOS Price Analysis Latest EOS News Through…

Stellar Gets Another Boost With TokenSoft ICO Services Expansion

ICO services platform TokenSoft is officially launching support for projects on the Stellar lumens protocol. The company – which helps crypto startups navigate through legal compliance procedures in the U.S. and internationally – announced Tuesday that it would extend its offerings to include the Stellar platform, having previously assisted ethereum-based projects. TokenSoft co-founder Mason Borda told CoinDesk that his company had been looking into Stellar since the first quarter of 2018, citing its level of “maturity” as the reason for accepting it to the platform. “We feel that [the Stellar network], the…