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.
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.
— 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.
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.”