CNBC Fast Money Trader giving 35% rise to Stellar

Brian Kelly, a Bitcoin “televangelist” from CNBC business channel, released a TV report about Stellar cryptocurrency having said that it was worth buying, which gave rise to Stellar price
12 January 2018   382

Brian Kelly, CNBC Fast Money Trader, the founder and CEO of BKCM LLC, an investment firm focused on digital currencies, and the author of “The Bitcoin Big Bang – How Alternative Currencies Are About to Change the World”, is promoting cryptocurrency again.

Following the December episode about Litecoin, Brian Kelly said that he had bought Stellar in CNBC’s Fast Money program January episode entitled "The next coin to surge". The price of Stellar currency jumped immediately after the episode was released.

The main advantages of Stellar according to Brian Kelly:

  • Created by founder of Ripple
  • Working with IBM on cross border payments
  • Faster and cheaper than Bitcoin

So now who do I look for? Someone who is very similar to Ripple, that has a deal with IBM, and I can make more money like Moneygram wants to do. Partnership with IBM, I think, is very important, as IBM doesn't get enough credit for what they are doing. I think that it [Stellar] is going to have another jump right there, as more news start to come out and people start to look to use this technology.
 

Brian Kelly

CNBC Fast Money Trader

Brian Kelly stated that Stellar is worth buying because the Moneygram deal with Ripple is a "watershed event" for the industry, and it is difficult to compete against Moneygram, as they are going to get their margins lower.

The price of Stellar started growing following the release of CNBC episode, having shown the increase of 35% within past 24 hours and currently continues to grow. Cryptocoin rose from $0,43 to $0,69 within one day, and the market capitalization of the coin increased from $7,8 billion to $12,3 during the same amount of time.

Stellar charts january 2018Stellar Charts

At the moment of press, these are main market parameters of Stellar:

  • Average price: $0,66
  • Marketcap: $11 898 593 050
  • 24h volume: $413 712 000

Stellar Blockchain Meetup to be Held in London

Stellar London Blockchain Meetup, where the users will meet Head of Partnerships at Stellar.org, will occur on February 13, 2018
13 February 2018   655

Stellar is a platform that connects banks, payments systems, and people, aiming to let users move money quickly, reliably, and at almost no cost.

Stellar has announced that it will hold a Blockchain Meetup in London on February 13, 2018.

Attendees will get to meet Tunde Ladipo, Head of Partnerships at Stellar.org, along with other partners in the Stellar ecosystem. Everyone who attends the meetup will be able to connect and learn about what people, businesses and anchors are doing with blockchain technology around the world.

Meetup Agenda:

  • 6:00 – 6:30pm: Networking
  • 6:30 – 7:00 pm: Intro to Stellar
  • 7:00 – 7:30 pm: Group Discussions
  • 7:30 – 9:00 PM: Networking

Location: Central Location TBD, the event will be held at the border of the City and Shoreditch, about 5 mins walk from Liverpool Street Station.

What is more, all attendees will receive a gift of XLM that they'll be able to spend on the day of the event.

At the moment of press, these are main market parameters of Stellar:

Average price: $0,398396
Market cap: $7 343 337 377
24h volume: $74 903 600