Crypto Analyst Says Bitcoin Set to Smash Through $10K – Plus Ethereum, Ripple and XRP, Litecoin, Stellar, Cardano
From Bitcoin’s rally toward $10,000 to new adoption for Stellar, here’s a look at some of the stories breaking in the world of crypto.
Bitcoin
All eyes are on Bitcoin, with bulls pushing the price of BTC to levels not seen in more than a year.
At time of publishing, Bitcoin is up more than 4.0% to $9,696 according to CoinMarketCap. That’s the highest Bitcoin has been since May 5th of 2018.
Crypto analyst Alex Krüger is pointing to his outline of Bitcoin’s resistance levels and says a jump to $10,000 is likely next.
Likely matter of time until 10K gets run over. It's getting close.
Levels 👇https://t.co/nZsXGNE5pn
— Alex Krüger (@krugermacro) June 20, 2019
Fundstrat’s Tom Lee and Gemini co-founder Tyler Winklevoss have both called out $10,000 as a crucial level of psychological resistance for Bitcoin. They say a breakout above the big number will trigger a renewed rally to $15,000 or beyond.
Ethereum
Blockchain and crypto enthusiast William Shatner is using his blockchain-based initiatives, Mattereum and Third Millennium, to capture an object’s detailed history.
In a new Forbes report, Shatner, aka Captain James T. Kirk of Star Trek, explains his vision of how to use the Ethereum blockchain to track memorabilia and a variety of objects, giving each a singular story, a unique “asset passport” and real value.
“I recognize a prospect of the future. And that is identifying things using blockchain.”
“We will authenticate any work of art. Actually, that limits us. We can authenticate anything and register it and it then becomes unassailable.”
Cryptonians! My friends @VitalikButerin & @ElonMusk were trying to decide what to build on @Ethereum. I’ve been waiting & waiting 🙄 I finally decided to do something myself. Join me! 😘 Bill 👉🏻https://t.co/S8A6lAjapU #MCC2019 #blockchainweeknyc #atomicswapnyc @mattereum pic.twitter.com/NEd8MSVwHC
— William Shatner (@WilliamShatner) May 10, 2019
Ripple and XRP
The San Francisco-based startup Ripple is expanding its number of personnel as it increases its presence around the world.
The company’s senior vice president of global operations at Ripple Eric van Miltenburg told the San Francisco Business Times that its workforce will grow from 330 to 400 by the end of 2019.
Litecoin
Binance Jersey has just added support for Litecoin. The coin is paired with the British pound and the euro.
📡 New Listing Alert
LTC is now listed on https://t.co/qLCrQ1hcKU, with $GBP / $LTC and $EUR/ $LTC trading support.
More trading pairs will be added in the upcoming days!
Thank you and stay tuned for more great news!🙌 pic.twitter.com/uF1CqQAoB2
— Binance.je (@BinanceJE) June 20, 2019
Stellar
The London-based fintech company Paysend has launched a new stablecoin on the Stellar network.
The coin is called Pays XDR, and is pegged to a basket of five currencies, mirroring the Special Drawing Rights (XDR) foreign-exchange reserve assets created by the International Monetary Fund.
Exposure to the IMF's Special Drawing Right (SDR) is no longer only available to central banks. Congrats to Paysend on the launch of their stablecoin using the #Stellar platform!https://t.co/Xvd5JENBxC
— Stellar (@StellarOrg) June 19, 2019
Cardano
IOHK, the company behind Cardano, has released a new look at a “symphony” designed to bring the blockchain to life.
The project stems from a question posed by Cardano creator Charles Hoskinson who asked what a blockchain sounds like.
Exciting times ahead!@Symphony_IOHK’s creative coder @_scottdarby highlights progress on visualizing #ETC/#ETH #blockchain.#ARVR #VR #datavisualization #SymphonyofBlockchains #IOHK https://t.co/6MkPrkOaQY
— Symphony of Blockchains (@Symphony_IOHK) June 18, 2019
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