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The Top Stellar Casinos of 2020

With the rise of popularity within cryptocurrencies, there is no surprise that there is yet another… read more

The post The Top Stellar Casinos of 2020 appeared first on BitcoinChaser.

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stellar casinos

With the rise of popularity within cryptocurrencies, there is no surprise that there is yet another crazy crypto experience making its way to the top of the crypto kingdom. Stellar is an open-source, decentralized protocol for digital currency to fiat money. Allowing international transfers with ease. Carry on reading to find out why Stellar gives your gambling the upper hand you have been looking for. 

What is Stellar and What it is Being Used For

When creating Stellar, people, banks, and transaction systems were all kept in mind, making sure all existing methods and processes are optimized to create a high standard and smooth-running operation. Stellar was created on a peer-to-peer network, which has a lot of experts predicting that Stellar will be the next big banker in the land of crypto. 

Stellar (XLM) operates as a nonprofit organization and has ranked on the top 10 cryptocurrencies for quite some time now. Proving that they will be the cryptocurrency to beat in the near future. 

Stellar is used across many different platforms, from music apps to trading, stellar is an easy to use cryptocurrency. With cheap and unbelievably quick transactions, players will not know what has hit them. Whether you invest in Stellar to trade or to have some gambling fun, there is no doubt that Stellar will provide a high return, in both the financial and entertainment department. 

Here is a list of projects that are incorporating Stellar and the nifty aspects that come along with it. 

  • IBM World Wire: A cheap and easy option for financial institutions to send any currency anywhere in the world using Stellar.
  • Zagg: A Devv studio that specializes in Stellar applications.
  • Vezt: A music rights platform for artists and a fan rewards asset.
  • Block card by Ternio: A debit card to spend crypto-assets.

When you ready to jump onboard the Stellar train, here are two of the best training apps:

  • Binance: Binance is an anonymous trading platform for over 50 currencies. Placing as the top trading platform for a couple of years now, Binance offers a trading experience you cannot find elsewhere. 
  • Changelly: Changelly is a fast and efficient crypto exchange and trading platform that offers affordable exchange rates. The design is simple and allows traders to use their time efficiently.

A Brief History of Stellar

Stellar(XLM) was started in 2014  by the co-founder of Ripple,  Jed McCaleb. In 2019 the demand for Stellar increased dramatically and is seen as a pivotal era in the crypto world. Stellar became known as Lumens or XLM. In late 2014, Mercado Bitcoin, the first Brazilian bitcoin, announced it would be utilizing the Stellar network.

In 2015 Stellar announced that they would be incorporating Vumi, an open-sourced messaging system. On top of this, Stellar partnered with cloud-based banking software to integrate stellar into its banking platform as well as the integration of Stellar at the Deloitte Digital Bank, creating a cross-border payment application. By the beginning of 2015, Stellar had approximately 3 million registered user accounts on its platform, which is a great response for the first year. 

At the end of 2016, Stellar grew dramatically, announcing a mobile payments startup in the Philippines, ICICI Bank in India, African mobile payments firm Flutterwave, and French remittances company Tempo Money Transfer.

stellar cryptocurrency website
Stellar website

What Are The Advantages Of With Gambling With Stellar?

Crypto is like the superhero of finance and gambling, with the ability to stay anonymous when on the web. Stellar protects your privacy and personal data while ensuring that all legalities are met. Another advantage of gambling with stellar is the 3 – 5 second transaction time, which means players get to instantly enjoy their gains. 

Stellar has also done a fantastic job of making any transaction seamless, no matter your location. Gambling with Stellar is an all-round smooth experience, allowing quick and easy transfers with no location restrictions. 

The Top Stellar Casinos of 2020

Online casinos provide a platform for players to let loose and have fun. Some casinos take fun and games to a new level. We have a list of casinos that have stepped up to the plate and accept the revolutionary crypto, Stellar.

FortuneJack

fortunejack stellar casino

With years of experience, FortuneJack knows what makes players tick. Nothing is more appealing to a gambler than low deposit and withdrawal fees, quick transactions and guaranteed safety. Let FortuneJack Casino lead the way in your Stellar gambling adventure, resulting in big wins and enticing adventures.

Adding crypto to the mix is thrilling, but adding Stellar to the mix is both thrilling and highly rewarding. FortuneJack Casino wants to help you gain some wins, so sign up now and gamble with Stellar to experience massive returns.

Play at FortuneJack

FortuneJack Review

BoVegas Casino

bovegas stellar casino

BoVegas Casino is an experience that is loaded with an extensive array of games and lucrative bonuses. Launched in 2017, BoVegas has expanded in both size and value. To stay relevant, BoVegas focuses on all the upcoming trends. One of those trends is Stellar, which was added to the mix to allow gamblers to take their money further. 

BoVegas is a casino that grants players access to all the most exclusive gambling experiences. Give your gambling the edge you have been looking for by joining the BoVegas team and setting bets with the game-changing cryptocurrency Stellar (XLM).

Play at BoVegas

BoVegas Review

1xBit Casino

1xbit stellar casino

1xBit Casino is an online gambler’s paradise. Packed with entertainment and cutting edge gambling technology, 1xbit provides an experience that all players will enjoy. From the design to the selection of games, gamblers are in for a treat. 

1xBit caters to Stellar gamblers making this online casino that much more exciting. Dive into a game of slots and take your money further with Stellar. The more you play then more your gain.

Play at 1xBit

1xBit Review

Conclusion

With the demand for cryptocurrency on the rise, gamblers are constantly getting introduced to bigger and better advantages. Since bringing Stellar into gambling, there is no need to look any further. With already some great casinos jumping on board, Stellar gamblers can look forward to a rewarding future. Winning features such as it’s lightning-fast transactions, make Stellar (XLM) one of the shining stars in the ever-growing list of cryptocurrencies. 

Source: https://bitcoinchaser.com/stellar-casinos/

Blockchain

Price of XRP Increases By 17% Bringing Stellar To A New Peak

XRP Stellar

Rate this post On a typically lazy Sunday, XRP and Stellar are performing impressively. The price of Stellar and XRP are continuously increasing. In the last 24 hours, XRP has increased by 17% to $1.6, its highest price since Monday, and Stellar has risen 18% to $0.7, its highest price ever. The XRP and Stellar Connection Considerably, these two coins are related as Jed McCaleb worked on these two coins. McCaleb was one of the creators of the Ripple protocol, which runs on the XRP cryptocurrency. To focus more on Stellar (XLM), he left Ripple in 2013. Stellar’s payments network is quick, inexpensive, and easy to use, similar to Ripple.  XRP is a cryptocurrency based on Ripple’s market capitalization is $57 billion, while the market capitalization of Stellar is $18 billion. Comparatively, Stellar has performed much better than Ripple in the past few weeks. It has increased by 31.9% in the last seven days, while XRP has only increased by 4%. Elon Musk’s economic tweets, in which he slammed Bitcoin as unfriendly to the world, contributed to both companies’ growth. Musk depressed the price of Bitcoin from the mid-$50,000s to $49,000 in a single tweet this week. Why Does Bitcoin Consume Too Much Energy? Both Stellar and XRP use less energy as compared to Bitcoin; to authenticate users, they depend on a small number of blockchains, whereas Bitcoin relies on a large network of power-hungry computers. Other, less environmentally harmful coins have risen in popularity as a result of Musk’s withdrawal of Bitcoin. Hedera Hashgraph has increased by 16.37% to $0.36, Solana has increased by 15% to $47, Cardano has increased by 10% to $2.39, and Algorand has increased by 8% to $1.53. The majority of the above are based on proof-of-stake, a consensus algorithm that allows those who own the most coins to validate transactions.

The post Price of XRP Increases By 17% Bringing Stellar To A New Peak appeared first on Cryptoknowmics-Crypto News and Media Platform.

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Table of Contents

Rate this post

On a typically lazy Sunday, XRP and Stellar are performing impressively. The price of Stellar and XRP are continuously increasing. In the last 24 hours, XRP has increased by 17% to $1.6, its highest price since Monday, and Stellar has risen 18% to $0.7, its highest price ever.

The XRP and Stellar Connection

Considerably, these two coins are related as Jed McCaleb worked on these two coins. McCaleb was one of the creators of the Ripple protocol, which runs on the XRP cryptocurrency. To focus more on Stellar (XLM), he left Ripple in 2013. Stellar’s payments network is quick, inexpensive, and easy to use, similar to Ripple. 

XRP is a cryptocurrency based on Ripple’s market capitalization is $57 billion, while the market capitalization of Stellar is $18 billion.

Comparatively, Stellar has performed much better than Ripple in the past few weeks. It has increased by 31.9% in the last seven days, while XRP has only increased by 4%.

Elon Musk’s economic tweets, in which he slammed Bitcoin as unfriendly to the world, contributed to both companies’ growth. Musk depressed the price of Bitcoin from the mid-$50,000s to $49,000 in a single tweet this week.

Why Does Bitcoin Consume Too Much Energy?

Both Stellar and XRP use less energy as compared to Bitcoin; to authenticate users, they depend on a small number of blockchains, whereas Bitcoin relies on a large network of power-hungry computers.

Other, less environmentally harmful coins have risen in popularity as a result of Musk’s withdrawal of Bitcoin. Hedera Hashgraph has increased by 16.37% to $0.36, Solana has increased by 15% to $47, Cardano has increased by 10% to $2.39, and Algorand has increased by 8% to $1.53.

The majority of the above are based on proof-of-stake, a consensus algorithm that allows those who own the most coins to validate transactions.

READ  YFI Technical Analysis: Price Fell Below Support Levels of $74,238 and $72,420.73

#Altcoins #Bitcoin #Elon Musk #Ripple (XRP) #Stellar (XLM)

Source: https://www.cryptoknowmics.com/news/the-price-of-xrp-has-increased-by-17-bringing-stellar-to-a-new-peak/

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Blockchain

Binance Coin, XRP, Dogecoin Price Analysis: 16 May

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Binance Coin headed south towards $500-$510 support – a region bolstered by the 50-SMA (yellow). XRP jumped by 16% on strong volumes but its technicals were yet to reflect a strengthening bullish trend. Finally, Dogecoin could see further dips before a rise above $0.569-resistance.

Binance Coin [BNB]

Source: BNB/USD, TradingView

On the 1-day chart, Binance Coin slipped below $600 and its 20-SMA (blue) and headed towards $500-$510 support – an area that clashed with the 50-SMA (yellow). With large-cap alts trading largely in the red after bearish cues from the market leaders, BNB was no exception. Warning signals came in the form of a bearish twin peak setup on Awesome Oscillator.

Furthermore, bearish divergence on RSI indicated weakening prior to BNB’s dip. At the time of writing, RSI traded in neutral 50-territory. On the 4-hour chart, BNB moved below its 200-SMA and although traders could go long at the current price level, a further pullback towards $500 could be on the cards depending on broader market cues.

XRP

Source: XRP/USD, TradingView

XRP bashed away multiple bearish signs and jumped by 16% in the last 24 hours. Bullish sentiment may have stemmed from Ripple’s response to the SEC’s request of an informal conference to discuss all legal advice that Ripple has solicited during the past.

A series of successive green candlesticks were spotted on XRP’s daily chart and underscored buying resurgence. According to XRP’s technicals, bulls were yet to fully assert control. MACD was close to a bullish crossover, while RSI headed towards the 60-mark. A break above $1.75-resistance could spur some additional buying, while $1.31-$1.22 would provide support in case of further pullbacks.

Dogecoin [DOGE]

Source: DOGE/USD, TradingView

Even though Dogecoin was slightly bullish, the price remained below a key resistance level at $0.569. In fact, Squeeze Momentun Indicator noted weakening buying pressure and it seemed unlikely that $0.569 would be toppled over the coming days – barring any social media anomalies. Support marks stood at $0.37 and $0.44.

MACD line remained below the Signal line- underlining recent woes for DOGE. On the lower timeframe, a degree of equilibrium was noted between the buyers and sellers. If this continued over the coming hours, some consolidation can be expected before the next upswing.


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Source: https://ambcrypto.com/binance-coin-xrp-dogecoin-price-analysis-16-may

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Blockchain

Facebook’s Diem Unveils Its Latest Stablecoin Plans and Strategic Move to the United States

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Diem, the cryptocurrency project headed by Facebook originally known as Libra, recently announced its plans to launch a stablecoin with its focus scaled back to the United States. 

The company stated earlier this year that it would be relocating its primary operations from Switzerland back to the United States, and would withdraw its payment system license application from Switzerland’s financial regulators. “Diem is simplifying its plans for [its] USD stablecoin issuance by shifting its main operations from Switzerland to the United States,” they said.

This decision was later confirmed by the Swiss Financial Market Supervisory Authority. 

Stablecoins are digital currencies pegged to a fiat currency, with Tether (USDT) and USD Coin (USDC) being two prominent examples. California-based Silvergate Bank will become the sole issuer of the Diem USD, while also managing its dollar reserves. 

Diem to Launch Wholly New Subsidiary Diem Networks US Alongside Crypto Bank Silvergate

In a strategic partnership, the two firms have created a new subsidiary called Diem Networks US — which will run the Diem Payment Network (DPN) to facilitate transactions of Diem stablecoins within its network. 

“Silvergate is a leader in financial innovation and an ideal partner for Diem as we move forward with a blockchain-based payment system that protects consumers and enhances the integrity of the financial system,” said Stuart Levey, chief executive officer of Diem.

“We are committed to a payment system that is safe for consumers and businesses, makes payments faster and cheaper, and takes advantage of blockchain technology to bring the benefits of the financial system to more people around the world. We look forward to working with Silvergate to realize this shared vision.” 

Diem’s strategic shift to the United States comes at a time of a rapidly evolving regulatory environment for cryptocurrencies and blockchain technology. 

Some municipalities and states such as Miami and Wisconsin have embraced the recent innovation, whereas regulators such as the newly-appointed SEC Chair Gary Gensler have critiqued the autonomy of the crypto industry. 

With crypto ETFs and related financial products under intense scrutiny by the SEC, it remains to be seen whether Diem’s decision to relocate back to the United States will bear any fruit.

Featured image from ShutterStock

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Source: https://bitcoinist.com/facebooks-diem-unveils-its-latest-stablecoin-plans-and-strategic-move-to-the-united-states/?utm_source=rss&utm_medium=rss&utm_campaign=facebooks-diem-unveils-its-latest-stablecoin-plans-and-strategic-move-to-the-united-states

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