- XLM price slowly ascends as it eyes a 20% climb to retest the $0.303 resistance level.
- Paraguay lawmaker to introduce regulation for Bitcoin after El Salvador’s historic decision.
- Stellar run-up could go awry if bears shatter the $0.218 support barrier.
XLM price is currently experiencing a slow but steady thrust that could propel it to crucial levels if the bullishness continues. Considering the adoption of cryptocurrencies being seen across the globe, it is likely that this activity will translate into meaningful price action soon.
Countries embrace cryptocurrencies
After El Salvador decided to make Bitcoin a legal tender on June 8, Carlitos Rejala, a Paraguayan lawmaker, has taken the next step in introducing a Bitcoin bill on July 14.
I am here to unite Paraguay , that is why we decided with Senator @FSilvaFacetti to present together the bill #bitcoin on Wednesday, July 14!
Stay tuned since there will be a mega surprise for Paraguay and the world. Something GIANT is coming #Bitcoin #btc— Carlitos Rejala (@carlitosrejala) July 9, 2021
