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Kraken study: by 2044, an influx of investments will bring Bitcoin to $ 350,000

influx-of-investments-will-bring-Bitcoin-to--350000 Kraken study: by 2044, an influx of investments will bring Bitcoin to $ 350,000

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.

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Vitalik Buterin proposed creating a “real” DEX for exchanging ETH for BTC

Vitalik-Buterin-proposed-creating-a-real-DEX Vitalik Buterin | Ethereum co-founder

Ethereum co-founder Vitalik Buterin called for the development of a "right" decentralized exchange for exchanging Ethereum for Bitcoin and gateways for other cryptocurrencies.

In his opinion, the fact that the two largest cryptocurrency ecosystems do not have a direct way to exchange their coins is quite "discouraging".

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Mike Novogratz: 2020 will be the year of Bitcoin

Mike-Novogratz-2020--the-year-of-Bitcoin Mike Novogratz | CEO of Galaxy Digital

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.

The coronavirus pandemic and the resulting collapse of financial markets suggest that this year the world will experience an even more serious financial crisis than in 2008. Since the emergence of Bitcoin was associated with the collapse of the global economy in 2008, Galaxy Digital founder Mike Novogratz believes this year could be a watershed year for Bitcoin.

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Tim Draper: It's time to invest in Indian cryptocurrency startups

Tim-Draper--time-to-invest-in-Indian-startups Tim Draper | Venture investor and cryptocurrency enthusiast

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.

"A renaissance for India. Now crypto is legal," he wrote on the social network Twitter.

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Changpeng Zhao's subscribers ridiculed his Bitcoin exchange rate predictions

Changpeng-Zhaos-subscribers-ridiculed-his-predictions Changpeng Zhao | Binance CEO

Binance CEO Changpeng Zhao commented on the messages of his subscribers who make fun of him because of inaccurate forecasts of the Bitcoin exchange rate.

Even well-known representatives of the cryptocurrency industry may be unimportant analysts, and their forecasts should not be trusted. This can be said about the founder of Binance. The fact is that after his bullish forecast, the price of the first cryptocurrency most often decreased.

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Dan Tapiero: Negative interest rates in the US make Bitcoin mega-attractive

Dan-Tapiero-Negative-interest-rates Dan Tapiero | The founder of Gold Bullion International

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.

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Su Zhu: Bitcoin can reach $ 50,000 relatively quickly

Su-Zhu-Bitcoin-can-reach--50k Su Zhu | CEO of Three Arrows Capital

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.

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SEC will simplify STO for cryptocurrency startups

SEC-will-simplify-STO-for-cryptocurrency-startups SEC will simplify STO for cryptocurrency startups

The US Securities and Exchange Commission (SEC) has proposed increasing the limits on attracting investments without registration, including those related to token-share placements (STOs).

SEC proposes to increase the limit on the amount attracted from investors as part of the offer of tokens under Rule A + from $ 50 million to $ 75 million, and crowdfunding income - $ 1 million to $ 5 million in 12 months. These rules, based on the 2012 Act called the Jumpstart Our Business Startup (or JOBS) Act, will allow young companies to raise funds without having to register as an open joint stock company.

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Barry Silbert took advantage of the fall of the market to buy Bitcoins

Barry-Silbert-buy-bitcoins Barry Silbert | The founder and CEO of Digital Currency Group

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.

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Google Play begins to block cryptocurrency news apps

Google-Play-block-crypto-news-apps Google Play begins to block cryptocurrency news apps

The Google Play mobile application store once again cleaned up applications related to cryptocurrencies and blockchain. This time, news apps were banned. 

In particular, the Cointelegraph and CoinDesk applications were removed from the store.

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Michael Novogratz: the situation on Wall Street influenced Bitcoin

Novogratz-Wall-Street-influenced-Bitcoin Michael Novogratz | Well-known cryptocurrency enthusiast

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.

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Charles Edwards: it is likely that $BTC will 10X within the next 5 years

Charles-Edwards-BTC-will-10x--next-5-years Charles Edwards | Asset Manager

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.

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US Treasury Secretary: about to roll out some significant new requirements at FinCEN

Steven-Mnuchin-significant-new-requirements Steven Mnuchin | US Treasury Secretary

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.

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SEC Commissioner Hester Peirce proposes a three-year “vacation” for ICO

Hester-Peirce-proposes-vacation-for-ICO Esther Pearce | SEC Commissioner

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.

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Elon Musk: The crypto scam level on Twitter is reaching new levels

Elon-Musk-crypto-scam-on-Twitter Elon Musk | The famous entrepreneur

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.

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The symbol of Bitcoin appeared on Twitter for the hashtags #Bitcoin or #BTC

The-symbol-of-Bitcoin The symbol of Bitcoin appeared on Twitter for the hashtags #Bitcoin or #BTC

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.

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Heath Tarbert Confirms Confidence in Launching Futures on Ethereum

Heath-Tarbert-Futures-on-Ethereum Heath Tarbert | Chairman of the US CFTC

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.

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John McAfee: Bitcoin - Old, clunky, no security .... Is the true Shitcoin

John-McAfee-Bitcoin-Is-the-true-Shitcoin John McAfee | Founder of the antivirus company

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".

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