XLMUSD is currently in a confirmed uptrend, with the majority of investors remaining bullish. This surge in price seems to be a result of the banning of crypto CFD (contract for difference) trading, and the ending US stock stimulus packages. We should expect to see new highs.
Company information
Stellar is an open-source, decentralized protocol for digital currency to fiat money transfers which allows cross-border transactions between any pair of currencies. The Stellar protocol is supported by a 5013 nonprofit, the Stellar Development Foundation. Wikipedia
Points to take into considerations
Ending US stock stimulus packages: Stocks are ignoring the lack of a stimulus package from Congress, but that could change
Banning of crypto CFD (contract for difference) trading.: FCA bans cryptocurrency CFDs for retail traders
Company information
Stellar is an open-source, decentralized protocol for digital currency to fiat money transfers which allows cross-border transactions between any pair of currencies. The Stellar protocol is supported by a 5013 nonprofit, the Stellar Development Foundation. Wikipedia
Points to take into considerations
Ending US stock stimulus packages: Stocks are ignoring the lack of a stimulus package from Congress, but that could change
Banning of crypto CFD (contract for difference) trading.: FCA bans cryptocurrency CFDs for retail traders
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