Tag Archives: Stellar

Stellar & Ripple: Steady Incline Before Announcements

 There’s a steady incline on Stellar and Ripple and both have confirmed partnerships that are yet to be announced. Due to the expected 2X hard fork which did not occur, most groups were expecting to make announcements after the 16th following the fork. However, due to the conflict launched by the Bitcoin Cash backers and cancellation of 2X, most people simply forgot about what was sure to be an ideal moment for announcements.

With that said, Stellar and Ripple are looking steady and are practically sure to experience a surge after the announcements that are likely to take place soon. I believe this will happen between the 16th-20th. However, it’s possible that shifts are being made for strategic purposes. These announcements may be set for a delay due to Bitcoin Futures, which will absorb most of the attention this December, as well as the developments that follow.  If neither are made soon, then we’ll likely have to wait for January or February.

Both Ripple and Stellar are being vastly underestimated, especially Stellar. Everyone has their eyes on Bitcoin and Ethereum but these two groups are the ones making the most progress. I expect 2018 to be a massive year for both. You could see Stellar with the market cap currently seen in Ripple and Ripple retain its third place market cap by the end of 2018.

IBM & Stellar Launch Global Payment Platform: Stellar Explodes Over 150.00%

According to Fortune, IBM and Stellar have launched a global payment platform.  This major announcement has caused Stellar Lumens to experience an increase of over 150.00% within five hours of the announcement.

“In a breakthrough for payments technology, IBM and a network of banks have begun using digital currency and blockchain software to move money across borders throughout the South Pacific.

The significance of the news, which IBM announced on Monday, is that merchants and consumers will be able to send money to another country in near real-time, accelerating a payments process that typically takes days.

The banking network includes “12 currency corridors” that encompass Australia and New Zealand, as well as smaller countries like Fiji and Tonga. It will reportedly process up to 60 percent of all cross-border payments in the South Pacific’s retail foreign exchange corridors by early next year.

The news also comes as an important validation of blockchain technology, which has long promised enormous efficiencies for the financial sector, but has been slow to move from the concept stage to the real world.” ( Fortune )