The Currency Analytics
By Dan Saada
Stellar Lumens (XLM) has been up by 10% over the past 24 hours and is currently in the 9th position in the market.
The buy-in made into the SatoshiPay by Börsenmedien AG is considered to be one of the major reasons.
Bernd Fortsch, the CEO and founder of Börsenmedien AG stated that they would be coming up with a pay-per-article scheme, "There's a gap in between inexpensive content that can be…
Slides, crashes, recovery, and regulatory decisions: Mainstream financial circles are now focused on the activities of stable coins.
With the unprecedented popularity, stable coins are believed to be the next big thing in the cryptocurrency space.
The stable coins trend is so contagious that “If you can’t defeat them join them,” JP Morgan gained the momentum, and it did it by launching its own JPM coin.
Analysts opine that this is a new trend. Will this now popular trend stay is something that time should unveil.
Stable coins provide a sense of security and confidence due to their certainty. The price of these tokens is stabilized by two tokens rather than one.
All do not accept the two coin theory. This theory is expected to fail in the long term due to the control it provides to its creators on the total supply of the crypto,…
Stable coins might not impact the market just like the Altcoins did. Perhaps, if the element of decentralization is built into the stable coins with the appropriate…
The coming of a range of traditional markets into the crypto space is furthering several new blockchain based cryptocurrencies to come up with a stable coin.
However, with stable coins being based on the core element of centralization, whether it will be classed under the crypto brand is doubtful.