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June 20, 2019

Billion-Dollar Crypto Whale Says Bitcoin Could Soon Burst to $15K – Plus Litecoin, Ethereum, Ripple and XRP, Tron

By Daily Hodl Staff

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From a big Bitcoin prediction from one of the biggest crypto whales on record to a surge of interest in Litecoin, here’s a look at some of the stories breaking in the world of crypto.

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Bitcoin

Gemini co-founder and Bitcoin billionaire Tyler Winklevoss says he’s betting on Bitcoin hitting $15,000 if bulls can cross key resistance at $10,000.

Tyler and his brother Cameron have seen plenty of Bitcoin boom-and-bust cycles. They say they bought 1% of all BTC in existence back in 2012, when the cost was about $9 per coin.

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The prediction echoes the recent forecast from Fundstrat co-founder and head of research Tom Lee, who says Bitcoin’s past market cycles indicate BTC will surge 200-400% if it can cross $10K.

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Ethereum

A new episode of the Into the Ether podcast is out.

Alex Miller and Karl Kreder of Grid+ talk about a new scaling solution called Phonon Network that’s designed to boost the number of transactions per second on blockchains like Ethereum and Bitcoin.

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Ripple and XRP

Ripple just announced three new hires. The San Francisco payments startup is onboarding a new vice president of institutional markets, vice president of corporate development and a new global head of governmental relationships.

Ripple currently has a total of 64 job openings.

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Litecoin

Global searches for Litecoin are at the highest levels since June of last year. The coin has spawned lots of mainstream initiatives from a new debit card to partnerships with UFC, K-Pop bands and pro sports league GLORY. According to Google Trends, searches for the fourth largest cryptocurrency by market cap hit a high between June 9th and the 15th.

Litecoin creator Charlie Lee will join Tron CEO Justin Sun at a lunch with crypto skeptic Warren Buffett on July 25th in San Francisco.

Source: Google Trends

Tron

Leaders in the crypto community are coming together to support schoolchildren in Uganda. Binance for Children donated seven solar panels on behalf of the Tron Foundation.

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