Peter Brandt, an analyst and experienced trader, said that Ripple's XRP cryptocurrency is a fraudulent scam, with the price of coins being constantly manipulated.
Bloomberg analyst Mike McGlone believes that Bitcoin has every chance of reaching $ 20,000 this year and updating its all-time high.
In his article, McGlone writes that technical and fundamental factors increasingly indicate a positive development for Bitcoin. So, Bitcoin is becoming an increasingly popular investment tool, the number of open positions in futures continues to grow. The attitude towards cryptocurrencies among institutional investors is changing.
What should the creators of ICO pay attention to when conducting a marketing campaign for their project? And how to avoid becoming a victim of fraudulent activities from unscrupulous marketing campaigns?
Researchers at the Kraken cryptocurrency exchange believe that part of the inheritance received by the millennials and generation X will be invested in Bitcoin and this will bring its rate to $ 350,000 by 2044.
In the report "Inheriting USDs & Acquiring BTCs: How 'The Great Wealth Transfer' Will Fuel 'The Great Bitcoin Adoption,'" analysts note that at the moment, young representatives of wealthy families in America alone can inherit about $ 70 trillion. If they allocate at least 5% of the inheritance received, then more than $ 971 billion will be invested in Bitcoin.
Ethereum co-founder Vitalik Buterin called for the development of a "right" decentralized exchange for exchanging Ethereum for Bitcoin and gateways for other cryptocurrencies.
Galaxy Digital CEO Mike Novogratz believes that the emergence of Bitcoin is caused by the financial crisis, and due to new financial turmoil, 2020 will be the year of Bitcoin.
Tim Draper, a venture investor and cryptocurrency enthusiast, believes that startups working with digital currencies in India are waiting for a "renaissance" and now is a great time to invest in them.
Binance CEO Changpeng Zhao commented on the messages of his subscribers who make fun of him because of inaccurate forecasts of the Bitcoin rate.
Founder of Gold Bullion International Dan Tapiero believes that the negative rates on US bonds could be a "Mega bullish" signal for Bitcoin.
"Negative interest rates have arrived in the US! 6mo t-bill at -2bps. Means you need to PAY US govt for 6mo cash deposit. Rates to go much more negative to weaken dollar. This is confiscation and it is bad but it needed for now to stabilize system. Mega bullish for #Bitcoin," Tapiero wrote on Twitter.
