Crypto Analyst Says Bitcoin Could Hit $5K by March, Plus Ripple and XRP, Litecoin, Tron, Stellar, Zcash: Crypto News Flash

 

From bullish technical analysis on Bitcoin to new adoption for a number of cryptocurrencies including Ether, Stellar and Zcash, here’s a look at some of the stories breaking in the world of crypto.

Bitcoin

Crypto trader and analyst Mitoshi Kaku says he wouldn’t be surprised if Bitcoin continues to rise in the short term. Kaku told his 50,000+ following on Twitter “conditions are present” for Bitcoin to shoot to $5,000 in the next 10 days.

Meanwhile, Fundstrat analyst Tom Lee is highlighting bullish technical analysis posted on Trading View that he says jives with recent analysis at his firm.

According to fellow Fundstrat strategist Robert Sluymer, Bitcoin needs to break through $4,200 to signal a real turnaround and a potential end to the bear market.

Ripple and XRP

Ripple has released an overview of its recent discussion about the future of digital assets with European Parliament member Eva Kaili.

Kaili says she believes blockchain and cryptocurrency will ultimately have a major impact on the economy, as people and governments get more familiar and comfortable with the technology.

“Recently, I had to send €2,000 to my mother in Greece from my account in Brussels. She needed the money that day and I couldn’t use the bank because it would take three working days. If I could send it to her using RippleNet, she would immediately receive the payment…

By its nature, blockchain technology doesn’t recognize borders. It’s unstoppable. You will be disrupted if you don’t try to understand it. Instead you need to see the potential.”

Ethereum

Opera’s mobile web browser on Android now allows users to purchase Ether (ETH).

The company partnered with the regulated crypto broker Safello to offer the cash-to-crypto service, which is currently available in Sweden.

Litecoin

The second annual Litecoin Summit will take place later this year in Las Vegas. The event will be part of the Vegas Blockchain Week, from October 29 – 31.

Tron

The Tron Foundation has released its weekly decentralized app (DApp) report, covering the latest progress on the network’s ecosystem.

Stellar, Zcash, TrueUSD, Gemini Dollar, USD Coin, Bitcoin Gold, Paxos and Dai

The Ethereum-based, peer-to-peer crypto lending platform Celsius Network has added support for eight cryptocurrencies: Stellar, Zcash, TrueUSD, Gemini Dollar, USD Coin, Bitcoin Gold, Paxos and Dai.

The app allows investors to earn interest on their deposited crypto.

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