Senator Hickenlooper hat die SEC dazu aufgefordert, mit der Öffentlichkeit zu sprechen um eine Regulierung für Kryptowährungen zu erarbeiten.
XRP vs XLM: Which is a better buy between Stellar and Ripple?
Stellar and Ripple are two of the biggest payment-focused cryptocurrencies in the world. Ripple’s XRP has a market cap of over $25 billion while Stellar’s XLM is valued at over $2.5 billion. Another similarity between the two is that Stellar’s founder, Jed McCaleb, was one of the co-founders of Ripple. So, which is a better buy between XRP and XLM?
The case for XRP
XRP price has crashed by about 40% this year. While the coin has underperformed the S&P 500 and Dow Jones, it has done better than most cryptocurrencies like Bitcoin, Stellar, and Ethereum. It has risen by more than 73% from its lowest level this year.
XRP has done better than other cryptocurrencies in the past few months because of the ongoing case by the Securities and Exchange Commission (SEC). Last month, the judge overseeing ruled that the SEC should provide documents from Hinman, in which was seen as a victory for Ripple. As such, analysts expect that the company has a higher probability of winning the case.
XRP has also risen because of partnerships amid the ongoing cases. For example, this week, it partnered with companies like I-Remit and LemonWay, a leading payment in France and Sweden.
Therefore, there is a likelihood that the XRP price will continue rising as bulls target the next key resistance level at $0.6595, which is about 32% above the current level.
Stellar faces challenges
Stellar is a blockchain project that makes it possible for people to store and move money. It has a platform that enables people to create digital representations of money like pesos and US dollars. Stellar is mostly used by fintech and other money transfer companies like MoneyGram and Wyre. XLM, its native token, has seen its price crashed by more than 60% this year.
USD Coin is one of the biggest use-case of Stellar. It was used by Circle to build its stabilized USDC, which is one of the most popular stablecoins in the world, with over $45 billion in market cap.
A key challenge for Stellar is that Binance, the biggest exchange in the world, converted its USDC balances to Binance USD. At the same time, plans by Circle to go public in New York stalled.
The bottom line
Stellar Lumens and Ripple are some of the biggest payment cryptocurrencies in the world. While the two coins have a correlation, there is a likelihood that Ripple price will do better than Stellar. Besides, it has a catalyst in the ongoing SEC vs Ripple case.
How to buy Ripple
eToro
eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.
Capital.com
Capital.com is a global broker which offers over 200 cryptocurrencies for its users. It comes with a range of features such as; great security, 24/7 support, demo accounts and a wide variety of assets. On top of that, it also has no inactivity, withdrawal or deposit fees, which makes it stand out from other crypto brands.
Buy XRP with Capital.com today
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Top 3 cryptocurrencies to day trade this weekend
Cryptocurrency prices made a strong comeback on Thursday and Friday even after the strong American inflation data. Bitcoin remains above $19,000 while a total market cap of about $1 trillion. Here are the best cryptocurrencies to trade during the weekend.
Ethereum Name Service
Ethereum Name Service is a leading blockchain project that is disrupting the domain and Non-Fungible Token (NFT) industries. It is a decentralized naming service for wallets and websites. It specifically makes it possible for users to create domains with the .eth suffix. It has more than 2.6 million domain names and over 507 integrations. ENS is its native token.
Ethereum Name Service price has made a strong recovery in the past few days. ENS soared to a high of $20.41, which was the highest level since May 6th of this year. It has surged by more than 170% from the lowest level this year. This growth has happened at a difficult time when most coins have crashed. Therefore, this volatility makes it a good crypto to trade during the weekend.
Alchemy Pay
Alchemy Pay is a company that aims to bridge the gap between cryptocurrencies and fiat currencies. It simply makes it possible for companies to accept crypto payments. In addition, it has a direct to consumer fiat to crypto exchanges on your platform. Also, the company provides a fiat payment platform.
According to its website, Alchemy Pay is accepted by some of the top companies like Shopify, Checkout.com, Nium, and ePay. Other companies that accept it are crypto apps Binance, Huobi, and Coinbaser among others.
The ACH token is the crypto token for Alchemy Pay. It is an ERC20 token that is used to pay transaction fees, rewards for network use, and lowering transaction costs. Alchemy price surged by more than 26% from the lowest level this week. Therefore, this volatility will make it ideal for day trading during the weekend.
REEF
REEF stands for Reliable Extensible Efficient Fast. It is a blockchain project that integrates aspects from most commonly used blockchains while maintaining full smart contract technology. REEF makes it possible to deploy established ERC-20 assets on Reef and transfer liquidity between Ethereum and Reef Chain.
REEF is backed by NGC, Kinetic Ventures, Krypital Group, and TRG Capital. REEF price has done well in the past few days. In this period, it has risen by more than 81% from the lowest level in September. It will likely continue this volatility during the weekend.
How to buy REEF
Binance
Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600. Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.
KuCoin
Kucoin is a cryptocurrency exchange which offers over 200 cryptocurrencies. Kucoin has a wide range of services, such as; a built-in peer-to-peer exchange, spot and margin trading, bank level security and a wide range of accepted payment methods. Users can benefit from a beginner-friendly interface and relatively low fees.
The post Top 3 cryptocurrencies to day trade this weekend appeared first on CoinJournal.
EU-Kommissarin McGuiness: Datenschutz und AML könnten bei MiCA anders als in den USA
Die Kommissarin erklärte, Europa würde die Entwicklung der Wertpapierregulierung in den USA sehr genau beobachten. Europa würde aber nicht dem amerikanischen Vorbild folgen.
Uniswap rallies by 12% after raising $165 million: How far can UNI go over the weekend?
UNI is the best performer amongst the top 20 cryptocurrencies by market cap today and could rally higher soon.
UNI, the native coin of the Uniswap decentralised exchange (DEX), is the best performer amongst the top 20 cryptocurrencies by market cap today.
The coin has added more than 12% to its value in the last 24 hours and is currently trading at around $6.350 per coin.
The rally comes after Uniswap announced that it had raised $165 million in a Series B funding round led by Polychain Capital.
The Uniswap team said it would use the funds to invest in its web application to improve its simplicity and security.
The rally also coincides with the positive performance of the broader cryptocurrency market.
The total crypto market cap stands above $940 billion, up by nearly 4% in the last 24 hours. Bitcoin, the world’s leading cryptocurrency, is up by 3.5% so far today and is trading at around $19,700 per coin at press time.
Ether is also up by more than 3% in the last 24 hours and is now trading above $1,300 for the first time this week.
Key levels to watch
The UNI/USD 4-hour chart is bearish despite Uniswap rallying by more than 12% in the last 24 hours. However, the technical indicators show that Uniswap is recovering from its recent poor performance.
The MACD line remains below the neutral zone but has been rising over the last few hours, indicating that the bulls are starting to gain control.
The 14-day relative strength index of 57 shows that UNI is no longer in the oversold region. If the bullish momentum is sustained, UNI could move past the first major resistance level at $7.216 before the end of the day.
In the event of an extended bullish run over the weekend, UNI could touch the $8.019 resistance level for the first time since August.
Where to buy now
eToro
eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.
Capital.com
Capital.com is a global broker which offers over 200 cryptocurrencies for its users. It comes with a range of features such as; great security, 24/7 support, demo accounts and a wide variety of assets. On top of that, it also has no inactivity, withdrawal or deposit fees, which makes it stand out from other crypto brands.
Buy UNI with Capital.com today
The post Uniswap rallies by 12% after raising $165 million: How far can UNI go over the weekend? appeared first on CoinJournal.