blockchainreporter
  • News
    • Altcoins
    • Bitcoin
    • Blockchain
    • Ethereum
    • Adoption
    • NFT
    • DeFi
    • Metaverse
  • Education
  • Glossary
  • Advertise
No Result
View All Result
Bet Now
blockchainreporter
  • News
    • Altcoins
    • Bitcoin
    • Blockchain
    • Ethereum
    • Adoption
    • NFT
    • DeFi
    • Metaverse
  • Education
  • Glossary
  • Advertise
No Result
View All Result
blockchainreporter
Bet Now
No Result
View All Result
  • bitcoinBitcoin(BTC)$22,719.008.10%
  • ethereumEthereum(ETH)$1,602.5615.08%
  • binancecoinBNB(BNB)$268.419.36%
  • cardanoCardano(ADA)$0.519.46%
  • rippleXRP(XRP)$0.3531286.16%
  • SolanaSolana(SOL)$39.5611.01%
  • dogecoinDogecoin(DOGE)$0.0655266.24%
  • AvalancheAvalanche(AVAX)$22.9514.28%

Stellar Lumens (XLM) Payment Gateway Inks Partnership with Europe’s Top Digital Publisher; Is XLM an Underrated Gem?

Aisshwarya Tiwari by Aisshwarya Tiwari
February 4, 2019 - 8:29 am
in altcoins news
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter
  • Stellar Lumens (XLM) Now Accepted at a Major European Digital Publisher

  • The partnership is a huge boost for the adoption of XLM en masse

  • Currently, XLM trades at $0.82 making it a good buy

According to a report by SludgeFeed published on February 3, 2019, SathoshiPay, a startup that offers the option to pay in Stellar Lumens (XLM) to online content creators has inked a partnership with Axel Springer. The allegiance opens up a huge window for the adoption of XLM as a means of payment given that Axel Springer is one of the largest digital publishers in Europe.

Huge Boost for XLM

SatoshiPay is a popular XLM payment gateway that eliminates the need for a middleman or an intermediary during the transfer of value in Euros or Dollars. The company tweeted on January 31, 2019, their cooperation with Axel Springer.

📢 We are happy to announce our cooperation with Axel Springer, Europe's largest digital publishing house! @axelspringer @axelspringer_EN https://t.co/xkpK87dDl5

— SatoshiPay (@SatoshiPay) January 31, 2019

Per sources close to the matter, SatoshiPay’s payment solution will be integrated into Axel Springer’s line of offerings to boost XLM’s user acceptance en masse.

Sharing his thoughts on the newly christened partnership, Meinhard Benn, the founder, and CEO of SatoshiPay said:

“We are excited to work with Axel Springer, who recognize the immense potential of blockchain technology. As one of the few companies with a market-ready blockchain payment solution, we are focused on bringing this technology from laboratories into the mainstream. This has been SatoshiPay’s mission since its foundation in 2014, and a partner with the tremendous reach of Axel Springer gives us the opportunity to deliver on this promise.”

He added:

“We would also like to thank the Stellar Development Foundation, which supports this cooperation with a seven-figure partnership grant.”

Similarly, Dr. Valentin Schöndienst, Senior Vice President of New Business, Axel Springer SE, shared his enthusiasm regarding the newly forged partnership. He highlighted the tremendous potential of blockchain technology in the field of online publishing and how a transparent and trustless transaction mechanism can help online content creators.

A Good Time to Buy XLM?

The current bear market has forced many of the budding and small startups to go out of business. The pessimistic market sentiment has also had a major impact on the price of top cryptocurrencies like BTC, ETH, LTC, BCH, and XLM, among others. However, the charts suggest that XLM has had it much worse when compared to other cryptocurrencies.

At the time of writing, the price of XLM sits at $0.081; a figure the altcoin hasn’t seen since late November 2017. The 24-hour volume of the altcoin is hovering around mid-100 million figures since the last spike observed in September 2018.

Given the flat price movements, one could expect a breakout for XLM in short-term. XLM is one of the better buys in the current market scenario and could well go on a mini-rally of its own, akin to the one TRX has had since the beginning of 2019.

 

 

 

Tags: Altcoin news
ShareTweet
Aisshwarya Tiwari

Aisshwarya Tiwari

After having worked at an IT consultancy as an SAP Finance/FSCM consultant for more than two years, Aisshwarya switched to the decentralized world of cryptocurrencies and the blockchain technology. Currently, Aisshwarya works as the Chief Editor at Blockchain Reporter.

Recommended For You

BitMEX Announced a Tether-Margined ETHPoW Futures Contract with Exposure to Ethereum’s PoW Fork

by Shayan Chowdhury
August 8, 2022 - 1:47 pm
0
BitMEX

Major crypto and derivatives exchange BitMEX announced its plans to launch a Tether-margined ETHPoW futures contract today.

Read more

Asia-Based Crypto Lending Platform Hodlnaut Halts All Withdrawals

by Mushu Butt
August 8, 2022 - 11:47 am
0
Hodlnaut

Crypto lending platform Hodlnaut cited current market conditions and said it must stabilize its liquidity and protect its digital assets.

Read more

ApeCoin Price Prediction: Is APE Showing a Strong Buying Sentiment?

by Shayan Chowdhury
August 8, 2022 - 5:00 am
0
ApeCoin Price Prediction

Since its launch, ApeCoin has seen a surge in popularity. According to our ApeCoin Price prediction, APE is all set to see a price hike soon.

Read more

Lamborghini Is Thriving Despite the Crypto Market Meltdown

by Max Clark
August 7, 2022 - 1:50 pm
0
Lamborghini

It is interesting to note that individuals who have become wealthy from crypto often use Lamborghinis as a symbol of their success.

Read more

VRA Price Prediction: Can Verasity Surge to $0.1 Soon?

by Shayan Chowdhury
August 6, 2022 - 5:43 pm
0
VRA Price Prediction

VRA has a major influence in the esports and video sector. Our VRA price prediction explains why it can break the $0.1 threshold soon.

Read more
Next Post

Understanding the Cryptic World of Cryptocurrency Regulations

PARTNERS LIST

PRESS RELEASE

DeFiChain Community Brings Attractive Rewards For DFI ERC-20 Pairs on Uniswap

by chainwire
August 7, 2022 - 10:35 am
0

Singapore, Singapore, 7th August, 2022, ChainwireDeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications...

Drexel University College

Healthcare Payments Innovator, MAPay Seeks to Achieve Healthcare Data Interoperability Through Blockchain

by Max Clark
August 5, 2022 - 12:59 pm
0

The collaboration will develop the technical foundation and market for patient data access, a contentious healthcare topic.

TRON Grand Hackathon Season 2 Closes out Submission with over 1800 Participants

by chainwire
August 4, 2022 - 8:19 am
0

Geneva, Switzerland, 4th August, 2022, Chainwire–Season 2 of The TRON Grand Hackathon 2022 has seen a wave of submissions receiving...

Impel Adds Bitcoin to ISO 20022 Financial Messaging on XDC Network

by chainwire
August 2, 2022 - 1:01 pm
0

Dallas, Texas, 2nd August, 2022, ChainwireNew Cross-chain Interoperability via WanBridge Provides More Robust Options for Instant Settlement  Impel is pleased...

BlockchainReporter is a trusted name in the cryptocurrency and blockchain technology news space, keeping its readers abreast of the latest and most significant trends in the industry.

Here at BlockchainReporter, our team of global writers is dedicated to providing price analysis on leading cryptocurrencies and covering the latest developments pertaining to bitcoin news, altcoins news, blockchain news, NFT news and cryptocurrency adoption news from around the world.

News

  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • Adoption
  • NFT
  • DeFi
  • Metaverse

Info

  • Education
  • Glossary
  • Market
  • Press Release

Company

  • About Us
  • Terms & Conditions
  • Advertise
  • Sitemap
  • Contact

@2022 – Blockchainreporter.net. All Right Reserved.

No Result
View All Result
  • News
    • Altcoins
    • Bitcoin
    • Blockchain
    • Ethereum
    • Adoption
    • NFT
    • DeFi
    • Metaverse
  • Education
  • Glossary
  • Advertise

@2022 - Blockchainreporter.net. All Right Reserved.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT