Tom Lee, co-founder and chief financial analyst at Fundstrat Global Advisors, said in an interview with CNBC that the Bitcoin trend would change to bullish in August of this year.
The cryptocurrency skeptic and author of the book "The Rise of Money" Niall Ferguson admitted that he was wrong when he criticized Bitcoin and blockchain technology, calling them "a complete illusion."
"I was very wrong," Ferguson said. "Wrong to think there was no … use for a form of currency based on blockchain technology."
Cryptoanarchists dream of buying a cup of coffee for Bitcoin is getting closer to realization. Perhaps, by the end of the year, Bitcoins will be able to pay off in the world's largest network of coffee shops Starbucks.
This will be possible thanks to the cooperation with the Bakkt platform, which has not yet been launched, in the creation of which Starbucks takes an active part.
Co-founder of Ethereum Vitalik Buterin said that when creating his project, he planned to solve the problem of the limited functionality of the first cryptocurrency.
Director of Public Relations at BitRefill, John Carvalho, expressed the opinion that ETF for Bitcoin is not necessary.
"I don't think Bitcoin "needs" an ETF. I'm not sure it will be the catalyst for new money that people hope for either. If a person or entity wants exposure to Bitcoin, they already have options. I'm also not a big fan of large central custodial pools of Bitcoin, it's a recipe for disaster," said Carvalho.
New details about the cryptocurrency wallet built into the Galaxy S10 have become known. It turns out that the cold storage of the smartphone will support only four currencies and only two of them - large.
Reported that of the large coins, the cryptocurrency wallet will support Bitcoin and Ethereum. In addition, Galaxy S10 will be able to store coins Enjin Coin and Cosmo Coin. These are Korean projects based on the Ethereum blockchain. Enjin Coin is designed for gamers, and Cosmo Coin is associated with the beauty industry.
A popular wallet for Ethereum MyEtherWallet in collaboration with the Swiss company Bity will provide users with the opportunity to exchange cryptocurrencies for fiat without a verification procedure.
Bity provides cryptocurrency services to residents of different countries and serves a network of cryptomattes in Switzerland. The possibility of withdrawal of cryptocurrency in Fiat without verification is possible under the local law on combating money laundering.
Venture investor and well-known cryptocurrency enthusiast Tim Draper said that you should not succumb to despondency, because cryptocurrency has a great future - in five years digital assets can force out fiat currencies.
The US Securities and Exchange Commission (SEC) has begun the process of reviewing an application for a change in the rule that will allow listing Bitcoin ETF proposed by Bitwise Asset Management and the NYSE Arca exchange.
The proposal itself was published in the Federal Register on February 15, which leaves authorized personnel 45 days to make an initial decision on approval, rejection or further extension of the time frame for consideration of the application. The SEC has a total of no more than 240 days to make a final decision on whether to approve or reject the proposal.
The head of BK Capital Management and the popular cryptocurrency expert Brian Kelly expressed the opinion that Bitcoin is undervalued by 50%.
According to Kelly, the year 2019 will become more successful for cryptocurrency than 2018. However, before the courses go up, the price of the first cryptocurrency may drop to the level of $ 1.5 thousand. He noted that the market has repeatedly dropped to similar values.