Analysts predict the Bitcoin exchange rate in the range of $ 4,800 - $ 6,000, but the CEO of Three Arrows Capital Su Zhu allows rapid growth to $ 50,000.

In a message on Twitter, Su Zhu stressed that in the current global economic situation, the influx of money into Bitcoin could increase significantly, which means that the rate of the first cryptocurrency will increase significantly.

The founder and CEO of Digital Currency Group and Grayscale Investments, Barry Silbert, took advantage of yesterday's 30% depreciation of Bitcoin to replenish his reserves of the first cryptocurrency.

"I'm buying. This is why Bitcoin was invented," wrote Barry Silbert on the social network Twitter.

Well-known cryptocurrency enthusiast Michael Novogratz was surprised to find that over the past week, stock market and Bitcoin rates have fallen simultaneously.

Usually, analysts say that the rate of the first cryptocurrency does not correlate with any other asset, but last week showed the opposite. It became one of the worst for Wall Street, and indeed the global economy as a whole - the stock indices of developed countries fell together amicably, and Bitcoin along with them.

Asset Manager Charles Edwards, using a rare indicator called Bitcoin Energy Value, predicted a rise in the price of Bitcoin to $ 100,000 over five years.

The indicator monitors the price of Bitcoin using two metrics to determine the "value" - the hash of the network and the effectiveness of mining equipment.

US Secretary of the Treasury Steven Mnuchin, speaking to Congress, said that the Financial Crimes Enforcement Network (FinCEN) is preparing to introduce new cryptocurrency regulations.

Mnuchin did not announce any details, he limited himself to the phrase: "We're about to roll out some significant new requirements at FinCEN". He added that the US authorities intend to seek a balanced approach in this area.

US SEC Commissioner Hester Peirce has proposed a three-year regulatory "vacation" for cryptocurrency startups. Pierce at the International Blockchain Congress in Chicago announced this proposal.

Within three years after the first ICO, young companies will be able to develop their network and community without fears of compliance with the regulatory regime. However, during this period they must achieve a certain degree of decentralization in order to be ready to pass the Howie test and the SEC check on whether the tokens of these startups are securities.

According to the famous entrepreneur Elon Musk, despite the decrease in the general hype around a new class of digital assets, cryptocurrency fraud on Twitter has reached a new level.

One of the users of the social network talked about the "new" deception scheme, in which attackers hack verified accounts and use them to advertise extremely dubious offers.

The Bitcoin symbol ₿ is now available on Twitter. It is displayed when writing the hashtags #Bitcoin or #BTC.

Jack Dorsey, co-founder and CEO of Twitter, was the first who added the Bitcoin symbol to his Twitter message. The Dorsey entry demonstrates that now when a Twitter user writes the hashtag #Bitcoin or #BTC, a cryptocurrency symbol is displayed next to him.

Heath Tarbert, chairman of the US Commodity Futures Trading Commission (CFTC), again expressed confidence that there would be Ethereum futures on the market.

"We have seen bitcoin futures, both cash-settled as well as physically-delivered. My guess is we are going to see ether futures as well," said Tarbert in an interview with Bloomberg.

The shocking American businessman John McAfee, who was recently waiting for a $ 1 million Bitcoin exchange rate, changed his mind and now calls the first cryptocurrency "shitcoin".

More recently, McAfee said that he would cut off and eat his penis if, by the beginning of 2020, the Bitcoin exchange rate did not reach $ 1 million. It seems that McAfee quickly went over to the camp of "cryptosceptics" - or, rather, "altcoin worshipers".