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Stellar (XLM) & Cardano (ADA)

The total cryptocurrency market is booming this morning, as various crypto-positive news reports have given investors more confidence in the future of the cryptocurrency industry and market. We’ll be checking in on Stellar (XLM) and Cardano (ADA) for the latest project updates.

Stellar (XLM)
Source: CoinMarketCap

Wells Fargo and Bank of America announced this morning that both banks have applied for new blockchain- and crypto-related patents. Mastercard has even filed a new patent for consumer protection and payment transactions, using blockchain technology.

Due to all this crypto-positive news, most coins in the top 100 are in the green, and some are seeing major percentage gains. Let’s take a closer look at the coins leading the market this morning.

Stellar (XLM)

Stellar (XLM) is currently leading the top 50 coins for highest percentage gain on the market today. At press time, XLM is trading at $0.295 a coin, up 28.12% in 24 hours.

Nearly 24 hours ago, the Stellar Foundation announced that Stellar was the first distributed ledger protocol to receive a Sharia compliance certification in the money transfer and asset tokenization space. The Shrariyah Revier Bureau (SRB) is the leading international Sharia advisory agency licensed by the Central Bank of Bahrain.

SRB and Stellar’s new partnership means that the Stellar ecosystem can now reach regions where financial services require compliance with Islamic financial principles. Stellar technology can now be integrated into Sharia-compliant product and service offerings in these following countries:

  • Bahrain
  • Indonesia
  • Kuwait
  • Malaysia
  • Oman
  • Qatar
  • Saudia Arabia
  • UAE

On top of this great news for the Stellar ecosystem, IBM announced that a “crypto dollar” could be the key to blockchain payments and one day a fed coin.

IBM has had a long-standing working relationship with the Stellar Foundation, and the new Stronghold platform was built on Stellar. Stronghold has just launched a new stable coin called ‘Stronghold USD.’ This new coin will be in competition with Tether (USDT).

>> Stellar & Cardano Considered by Coinbase

Cardano (ADA)

Input/Output (IOHK), the company behind the project Cardano, provided its loyalists with an in-depth update on the Shelley Project. Liz Bancroft-Turner, project manager of Shelley, discussed how the project has been broken down into smaller workstreams, which makes sure each piece of the project is completed without flaw and achieves the main goal of the project – the complete decentralization of Cardano.

Earlier this month, Cardano’s co-founder, Charles Hoskinson, confirmed that Shelley would be released before the end of April 2019, with hopes that it could be released by the end of this year.

If you’d like to view the transparent and one-of-a-kind active Cardano roadmap, you can do so here. The roadmap shows you what is currently being worked on in the Cardano project, what developer is working on it, and its completion percentage.

At press time, ADA is trading at $0.181 a coin, up 19.63% in 24 hours.

Featured Image: Marina

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Stellar (XLM) & Cardano (ADA) Lead the Crypto Market

Stellar (XLM) & Cardano (ADA) – The total cryptocurrency market is booming this morning, as various crypto-positive news reports have given investors more confidence in the future of the cryptocurrency industry and market.

Total Crypto Market

Source: CoinMarketCap

Wells Fargo and Bank of America announced this morning that both banks have applied for new blockchain and crypto related patents. Mastercard has even filed a new patent for consumer protection and payment transactions, using blockchain technology.

Due to all this crypto-positive news, mostly all coins in the top 100 are in the green, and some are seeing major percentage gains. Let’s take a closer look at the coins leading the market this morning.

Stellar (XLM)

Stellar is currently leading the top 50 coins for most percentage gains on the market today. At press time, XLM is trading at $0.295 a coin, up 28.12%, in 24 hours.

Nearly 24 hours ago, the Stellar Foundation announced that Stellar was the first distributed ledger protocol to receive a Sharia compliance certification in the money transfer and asset tokenization space. The Shrariyah Revier Bureau (SRB) is the leading international Sharia advisory agency licensed by the Central Bank of Bahrain.

SRB and Stellar’s new partnership means that the Stellar ecosystem can now reach regions where financial services require compliance with Islamic financial principles. Stellar technology can now be integrated into Sharia-compliant product and service offerings in these following countries:

  • Bahrain
  • Indonesia
  • Kuwait
  • Malaysia
  • Oman
  • Qatar
  • Saudia Arabia
  • UAE

On top of this great news for the Stellar ecosystem, IBM announced that a “crypto dollar” could be the key to blockchain payments and one day a fed coin.

IBM has had a long-standing working relationship with the Stellar Foundation, and the new Stronghold platform was built on Stellar. Stronghold has just launched a new stable coin called “Stronghold USD.” This new coin will be in competition with Tether (USDT).

>> Stellar & Cardano Considered by Coinbase

Cardano (ADA)

Input/Output (IOHK), the company behind the project Cardano, provided its loyalists with an in-depth update on the Shelley Project. Liz Bancroft-Turner, project manager of Shelley, discussed how the project has been broken down into smaller workstreams, which makes sure each piece of the project is completed without flaw and achieves the main goal of the project – the complete decentralization of Cardano.

Earlier this month, Cardano’s co-founder, Charles Hoskinson, confirmed that Shelley would be released before the end of April 2019, with hopes that it could be released by the end of this year.

If you’d like to view the transparent and one-of-a-kind active Cardano roadmap, you can do so here. The roadmap shows you what is currently being worked on in the Cardano project, what developer is working on it, and its completion percentage.

At press time, ADA is trading at $0.181 a coin, up 19.63%, in 24 hours.

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Coinbase Updating Coins? Stellar (XLM) & Cardano (ADA) Have Potential

Coinbase updating coins: Three days ago the largest cryptocurrency exchange operating in the United States announced that it is exploring five new cryptocurrencies to add to its platform, including Stellar (XLM) and Cardano (ADA).

Coinbase Updating Coins? Stellar (XLM) and Cardano (ADA) Take Center Stage

Is Coinbase updating coins? In the company’s Medium Post, Coinbase announced that they would be exploring the following assets:

  • Cardano (ADA)
  • Basic Attention Token (BAT)
  • Stellar Lumens (XLM)
  • Zcash (ZEC)
  • 0x (ZRX)

Coinbase addressed that is still in the process of adding Ethereum Classic (ETC) to its platform. The company also explained that the assets listed above will require “additional exploratory work” and it cannot guarantee that these coins will be listed for trading.

Coinbase’s statement explains:

“As part of the exploratory process, customers may see public-facing APIs and other signs that we are conducting engineering work to support these assets. While we cannot commit to when or whether these assets will become available at this time, we will provide updates to our customers about the process and what they can expect via the Coinbase blog and Twitter.”

The major cryptocurrency exchange is making a push towards transparency, as in the past there have been many ‘speculations’ as to what coin will be added next to its platform. The company wants to get in front of these rumors from the start and will be making similar announcements moving forward about any assets it’s exploring.

Ripple (XRP) Rumors Put to Rest

The fact that Coinbase is exploring Stellar (XLM) over the higher ranking Ripple speaks volumes as to the company’s stance on the digital asset. Stellar and Ripple were both co-founded by Jeb McCaleb and have identical structures.

The only difference? Target audience.

Ripple is geared towards larger financial institutions whereas the Stellar Foundation seeks to service everyone – more specifically the unbanked.

There have been endless rumors in the past about Ripple (XRP) being added to Coinbase, which have boosted XRP’s price on numerous occasions but this latest announcement makes it clear – it isn’t happening.

It still remains unknown what the exchange has against Ripple Labs, but we know for sure we won’t be seeing it on the Coinbase platform anytime soon.

>> Crypto World Cup FINALS: Charles Hoskinson vs. Charlie Lee

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Cardano (ADA) | Finally Makes CoinDesk Headlines

Cardano (ADA) has finally made headlines at cryptocurrencies’ first news source, CoinDesk. Cardano’s co-founder, Charles Hoskinson, believed that CoinDesk was holding a “blackout” on Cardano for the longest time, but it seems that may be over now.

Cardano (ADA)

Just after ADA was released in October of 2017, Cardano quickly rose to the top ten cryptocurrencies and has remained there ever since. Input/Output (IOHK) fully funds the Cardano project, which means a flashy ICO to amp up ‘hype’ was unnecessary. The project silently rose without flashy endorsements or ‘potential’ partnerships. Frankly, the coin/project came out of nowhere, and I think that was the plan.

Cardano’s project is based on peer-reviewed research, and every single detail of its platform is tested thoroughly before it’s released to the public. Cardano’s code was built from the ground up, and the project and team pride themselves on transparency. Cardano provides an ongoing and continuously updated roadmap that shows which developer is working on what and its current completion percentage.

CoinDesk

Giving the publication and its writers the benefit of the doubt, maybe the journalists felt there wasn’t enough news to publish a Cardano piece just yet, or they didn’t understand it.

Well, the publication almost got it right, except for the fact that they quoted Charles Hoskinson’s long-time nemesis Dan Larimer in the article.

The co-founder’s frustration with the publication is understandable, as many smaller blockchain projects made CoinDesk news before Cardano. Still, as the project progresses in its development, I suspect more articles in the future.

>> Crypto World Cup Day 23: Charlie Lee vs. Justin Sun

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Stellar (XLM), Cardano (ADA), and Tron (TRX)

The cryptocurrency market surged towards the second-half of the week but will most likely end Friday in the red. At press time, the total cryptocurrency market is trading just below the $270 billion mark. Some of the coins with movement today include Stellar (XLM), Cardano (ADA), and Tron (TRX).

Let’s take a look at these three altcoins and their progress this week.

Stellar (XLM)

Stellar just made a huge announcement via Twitter less than a day ago. The project has been flying under the radar this year with its movements, but its recent unveiling of StellarX is huge news for the non-profit.

StellarX is a peer-to-peer marketplace that is free to use. It will be open to the public this summer and users are able to get on a waitlist. It will be listing far more assets than just XLM and will be run on the Stellar universal order book. There will be no middlemen or miners, and the trades occur directly from wallet-to-wallet.

At press time, Stellar (XLM) is trading at $0.204 a coin, down -2.92%, in 24 hours.

Cardano (ADA)

Charles Hoskinson, co-founder of Cardano, released a new update on Cardano just two days ago.

The video has pulled in nearly 22K views, and the new way of updating the Cardano community is being received well. The Cardano project puts out weekly technical reports, but it seems investors like a more personal video update instead.

Cardano has just updated its interactive roadmap and has added a new language called Marlowe. Marlowe is a financial domain specific language (DSL) and will allow businesses to execute financial smart contracts on the Cardano infrastructure. The language is currently 30 percent complete.

There were many other updates discussed in the video above, regarding all the things the dev team at Cardano are working on.

At press time, Cardano (ADA) is trading at $0.145 a coin, down -4.61%, in 24 hours.

Tron (TRX)

Tron went through with its ‘independence day’ on June 25th, but it seems all of the exchanges have yet to complete the token migrations. It was anticipated that it would only take a short amount of time for each exchange to complete the process, but it may end up taking weeks.

Currently, the exchanges that have completed the token swap include:

  • Bjex
  • Bitforex
  • Cobo
  • Coinfalcon
  • Gate.io
  • Huobi
  • OKEx
  • Upbit

TRX has declined to the 12th largest cryptocurrency as a result of this. It remains unknown what will happen with the price of TRX when all exchanges open TRX withdrawals and deposits.

At press time, Tron (TRX) is trading at $0.0366 a coin, down –5.93%, in 24 hours.

>> Venezuela Wants to Use Its Petro Cryptocurrency to House the Homeless

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