From TA perspective; Stellar found temporally bottom and rebounded nicely over first resistance $0.10 and is now hovering to $0.135 region. Weekly & are looking very nice and behind good news in last week, the price of XLM could find further gains. On Weekly chart there was huge buy support on $0.0724. I’m now targeting $0.135 and potentially $0.20 BITFINEX:XLMUSD . According to last news, this coin seems a very good long term buy. I will cover it from here on for all the day traders, but for all long term holders, I think it’s a good entry point.
-> Coinbase announced that it was about to launch the digital asset Stellar Lumen ( XLM ) on Coinbase Consumer (i.e. Coinbase.com), its platform for regular retail investors/traders, as well as on Coinbase's mobile app.
-> "Six international banks are planning to issue their own stablecoins on IBM’s Stellar-powered money wiring service, IBM and Stellar announced Monday. Today more than 44 international banks that support payments are on the service, IBM Blockchain World Wire — and several of them have signed letters of intent to issue their own stablecoins, according to Jesse Lund, Vice President of IBM Blockchain, who made the announcement in a keynote at Money 2020 Asia in Singapore alongside Stellar cofounder Jed McCaleb."