The general director of the cryptocurrency company BCB Group said that the latest increase in the Bitcoin rate was due to the purchases of one investor who distributed $ 100 million on three major exchanges.

Oliver von Landsberg-Sadie, in a conversation with Reuters, said that the reason for the Bitcoin breakthrough above $ 5,000 was a certain investor who made deals totaling about 20,000 BTC simultaneously on the three largest exchanges - Coinbase, Kraken and Bitstamp.

Bitcoin will be ahead of other payment systems, such as Visa and MasterCard, within ten years, if the growth of the network continues at the same pace.

DataLight made such a forecast in a research comparing Bitcoin with traditional payment systems, which also included PayPal, noting the rapid development of cryptocurrency since its inception in 2009.

As stated by the head of the White Company, Elizabeth White, it is "extremely unlikely" that cryptocurrencies will be able to surpass the traditional financial system, at least at the current stage of development.

Elizabeth White emphasized that at the moment "the volume of transactions in fiat currencies is an order of magnitude greater than the volume of cryptocurrency payments," so it's too early to talk about replacing traditional money with digital assets.

The founder and head of investment company BKCM LLC Brian Kelly said that the next goal of Bitcoin was the mark of $ 6,000.

In an interview with CNBC's "Futures Now" program, Kelly said that after yesterday's sudden jump in the first cryptocurrency rate by 17% and reaching the $ 5,000 mark, the bottom of the cryptocurrency market seems to have passed.

The independent rating agency Weiss Ratings published a report analyzing the positions of 122 digital assets. According to analysts, the most promising of them are BTC, XRP and EOS.

In the monthly report, the agency presented the results of a research of the cryptocurrency market, where all digital assets assessed in the categories "Investment Risk and Profit", as well as "Technology and Acceptance". Each cryptocurrency assigned a rating from A to F.

The English blockchain company Wuabit has announced that it is developing a cryptocurrency wallet that will work through the interface of the popular messenger WhatsApp.

Reported that users will be able to manage transactions using a chat bot by simple commands, for example, "send 0.05 BTC to Vera". Wuabit representatives also said that the first phase of product development is already at the final stage.

Venture investor and famous cryptocurrency enthusiast Tim Draper advised the president of Argentina to legalize Bitcoin in order to improve the economic situation in the country.

The head of the major cryptocurrency exchange BitMEX Arthur Hayes believes that the "cryptocurrency winter" is over and the course of Bitcoin this year will reach $ 10,000.

Hayes expressed the opinion that the recovery of the cryptocurrency market will start at the beginning of the fourth quarter of this year. However, he believes that the market will be quite difficult to go beyond the already formed side channel.

The famous "patent troll" Craig Wright has already filed 155 applications for patents in the field of blockchain and cryptocurrency.

Australian engineer and entrepreneur Craig Wright, who repeatedly presented himself as Bitcoin's anonymous creator Satoshi Nakamoto, filed 155 patent applications in two years, according to The Next Web (TNW).

It seems that spring has begun in the cryptocurrency industry. Bitcoin trading volumes increased, reaching the level of January last year and the rate of the first cryptocurrency is at around $ 4,000.

In the past five months, Bitcoin trading showed a steady and steady growth, having increased from October 2018 by 150%. According to Kevin Rooke, a cryptocurrency commentator on Twitter, over the past year, daily Bitcoin trading volume has exceeded $ 10 billion a total of 9 times, and 5 of them this month. Most of the remaining cases recorded in February. That is, in recent months we have seen a significant increase in trading volumes.