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February 16, 2019

Chinese Crypto Mogul Says Bitcoin Could Hit $740,000 – Plus Ripple and XRP, Ethereum, Tron, EOS, Stellar, NEO, Binance Coin, Dash: Crypto News Alert

By Daily Hodl Staff

From a big time Bitcoin price prediction to new adoption for EOS, Tron, Binance Coin and Dash, here’s a look at some of the stories breaking in the world of crypto.

Bitcoin

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The co-founder of the crypto mining pool Poolin, which powers about 10% of the Bitcoin network, is predicting a huge jump in the price of Bitcoin.

According to 8BTC, Zhu Fa says he believes the next Bitcoin bull run will push the leading cryptocurrency to between $74,000 and $740,000.

Despite the bullish prediction, Zhu says he’s not endlessly optimistic on the price of Bitcoin, and believes the next bull run could be the last.

Ripple, XRP and Ethereum

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Ripple’s director of joint venture partnerships Emi Yoshikawa will join the Ethereum Foundation’s executive director Aya Miguchi at an event on disruptive technology in Menlo Park, California. The two will talk about the potential impact of blockchain and cryptocurrency in the US and Japan.

The event starts at 4:30 p.m. on February 26th.

EOS, Tron, Binance Coin, Dash

The mobile payment app Spend now supports EOS, Tron, Binance Coin and Dash. The company made the announcements via Twitter.

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Users can now store each coin on the platform, as well as spend their digital assets using the Spend Visa card, which converts crypto to fiat and essentially allows crypto to be spent at 40+ million locations where Visa is accepted.

Stellar

Canadian crypto exchange Coinsquare has acquired the Stellar-based decentralized exchange StellarX.

StellarX gives users the ability to send euros, yuan, pounds, dollars and other fiat currencies via ACH transactions that can then be traded for crypto.

NEO

NEO is opening a new office in Seattle that will be run by former Microsoft executive John deVadoss.

The smart contract platform says it’s looking to expand its presence and create new partnerships in the US, reports Cointelegraph. NEO founder Erik Zhang says Seattle’s status in the world of tech makes the city an obvious choice.

“Seattle has huge developer resources and a strong atmosphere of innovation, and NEO has always placed great importance in technology development.”

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.