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Michael Novogratz: Bitcoin is consolidating in the range of $ 7000- $ 10,000

Michael-Novogratz-Bitcoin-is-consolidating Michael Novogratz | Founder of Galaxy Digital

Billionaire investor and founder of the cryptocurrency bank of Galaxy Digital Mike Novogratz is confident that the price of Bitcoin is consolidating in the range from $ 7,000 to $ 10,000.

"If I'm wrong on that, I think I'm wrong to the upside, that there's enough excitement and momentum that it could carry through," said a former Goldman Sachs partner during a conference call dedicated to quarterly indicators of the company.

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Binance research: institutional investors enter the cryptocurrency market

Binance-institutional-investors Binance research: institutional investors enter the cryptocurrency market

A study of Binance, one of the largest cryptocurrency exchanges, showed that new institutional investors are coming into the industry, which may affect the rise in Bitcoin prices.

According to analysts, a significant number of new investors are entering the market, which have a large amount of funds.

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Travis Kling: Whales can return Bitcoin to the $ 20,000 mark

Travis-Kling-Whales-can-return-Bitcoin-to--20000 Travis Kling | Founder of the Ikigai cryptocurrency hedge fund

Founder of the Ikigai cryptocurrency hedge fund Travis Kling believes that a small group of wealthy traders can push the Bitcoin rate to new heights.

Kling based on data from its own analysis and information from other institutional investors. In his opinion, there is a small group of "risky whales", which caused the recent take-off of the first cryptocurrency course.

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David Chaum: “the future is in anonymous messaging and cryptocurrency payments”

David-Chaum--future-is-in-anonymous-messaging-and-cryptopayments David Chaum | The digital currency pioneer

David Chaum said that the most stunning application for the industry would be a privacy-oriented message-sending system, integrated with payments.

The digital currency pioneer said this in an interview with Bloomberg Odd Lots podcast. David Chaum is the creator of the predecessor of Bitcoin, e-currency Ecash, and one of the founders of the cyberpunk movement. Chaum told Bloomberg that raising awareness of privacy and digital sovereignty in the modern era paved the way for blockchain and cryptocurrency, which can make a breakthrough and go into mass use. 

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Jehan Chu: “Bitcoin exchange rate will reach $ 30,000 by the end of the year”

Jehan-Chu-Bitcoin-rate-will-reach--30000 Jehan Chu | CEO of Kenetic Capital

Co-founder and CEO of Kenetic Capital, Jehan Chu expressed the opinion that the rate of the first cryptocurrency by the end of this year will exceed $ 30,000.

Chu made a statement in an interview with Bloomberg. According to the head of Kenetic Capital, one of the main factors for the growth of Bitcoin will be the launch of the Fidelity and Bakkt platforms, the emergence of Facebook's own cryptocurrency. In addition, the recent unsuccessful share offerings conducted by Uber and Lift may attract investors to "new technology companies."

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User paid 200 LTC commission for a transaction in the amount of 8.88 LTC

User-paid-200-LTC-commission User paid 200 LTC commission for a transaction in the amount of 8.88 LTC

According to the Chepicap portal, an unknown sender transferred a transaction in the amount of 8.88 LTC (~ $ 1000) in the Litecoin network and paid a fee of 200 LTC (more than $ 22000).

Thus, the size of the commission exceeded the amount sent by 22 times. The transaction was added to the block, mined by the Chinese mining pool LTC.TOP.

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ICObench Report: ICO and IEO market shows growth after a “cryptocurrency winter”

ICObench-Report-ICO-and-IEO-market-shows-growth ICObench Report: ICO and IEO market shows growth after a “cryptocurrency winter”

The ICO and IEO industry is showing signs of growth due to positive investor sentiment, obviously spurred by a recent cryptocurrency rally.

These data published in the new report of the rating agency ICObench. As of May 21, the ICO's success rate has increased, reflecting an improvement in the quality of projects. 85% of all funds raised in May were received by projects with a high rating (3-3.5), while in April, the share of these ICOs accounted for 68% of the funds raised.

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Facebook will release its own cryptocurrency GlobalCoin in 2020

Facebook-will-release-GlobalCoin-in-2020 Facebook will release its own cryptocurrency GlobalCoin in 2020

The world's largest social network Facebook plans to release its own cryptocurrency called GlobalCoin next year.

According to the BBC, Facebook will launch a system of cryptocurrency payments in the "dozen countries" by the first quarter of 2020. The company intends to begin testing the system by the end of this year. More information about Facebook plans will appear in the coming months.

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Launch of the Telegram Open Network (TON) is possible in Q3 of this year

1-Launch-of-the-Telegram-Open-Network-TON Launch of the Telegram Open Network (TON) is possible in Q3 of this year

Telegram Company informed in a letter to investors that it plans to launch its project Telegram Open Network (TON) in the 3rd quarter of this year.

Representatives of Telegram said in their letter to investors that the network is being tested successfully: the test blockchain works fine, and the consensus algorithm is consistent with the goals stated in the Whitepaper of the project.

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Head of Morgan Creek: every investor should have Bitcoin in his portfolio

Head-of-Morgan-CreekMark-Yusko Mark Yusko | Head of Morgan Creek

The head of the cryptocurrency investment company Morgan Creek Capital, Mark Yusko said that Bitcoin is "a great asset" that should be in the portfolio of every competent investor.

Yusko also stressed that in 10 years, Bitcoin significantly outperformed any funds based on traditional assets.

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Anthony Grisanti: Bitcoin will drop to $ 7,000, and then the markets will consolidate

Anthony-Grisanti-Bitcoin-will-drop-to--7000 Anthony Grisanti | Famous cryptocurrency trader

A cryptocurrency trader, Anthony Grisanti, who works on the New York Mercantile Exchange (NYMEX), predicted a Bitcoin exchange rate to reach $ 7,000 and the subsequent consolidation of markets.

Anthony Grisanti made his assumptions on the Trade Alert program on CNBC. According to a professional trader, in the near future, the rate of the first cryptocurrency will fall to the level of $ 7,000.

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Ethereum Foundation: $30 million will be spent on key projects within the Ethereum ecosystem

Ethereum-Foundation-executive-director-Aya-Miyaguchi Aya Miyaguchi | Head of Ethereum Foundation

The Ethereum Foundation announced its intention to invest about $ 30 million in the development of key projects in the Ethereum ecosystem.

According to the foundation's statement, over the next 12 months, $ 19 million will be allocated to "create Ethereum of tomorrow". In particular, funds will be directed to the development of Ethereum 2.0, "second-level" scaling solutions such as Plasma, and other research initiatives. In addition, in the coming year it is planned to spend an additional $ 8 million to support the current network of Ethereum through initiatives such as Ethereum 1x.

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Changpeng Zhao: “If you don’t want to be left out in the future, you will have to embrace it”

Changpeng-Zhao-do-not-want-to-be-left-out-in-the-future Changpeng Zhao | Head of BINANCE

Changpeng Zhao, the head of one of the largest cryptocurrency exchanges BINANCE, expressed the opinion that cryptocurrencies will become a shared future and urged everyone to accept digital assets.

"If you don't want to be left out in the future, you will have to embrace it," Zhao said at the 10th Asian Leadership Conference 2019 in South Korea.

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Tom Lee: Bitcoin return to $ 8,000 - a sign of the "crypto winter" ending

Tom-Lee-Bitcoin-return-to--8000 Tom Lee | Co-founder of Fundstrat Global Advisors

Well-known cryptocurrency enthusiast Tom Lee expressed the opinion that the return of Bitcoin to $ 8,000 after falling to $ 6,400 is a clear sign of the end of a "cryptocurrency winter".

Tom Lee immediately presented 13 reasons for the end of the bear market, and one of the main reasons he called the return of Bitcoin to $ 8,000. According to the co-founder of Fundstrat Global Advisors, this confirms the bullish trend in the cryptocurrency market.

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WhatsApp users will be able to send BTC and LTC using a special bot

WhatsApp-users-will-be-able-to-send-BTC-and-LTC WhatsApp users will be able to send BTC and LTC using a special bot

The company Zulu Republic announced the launch of a new bot in the popular WhatsApp messenger, through which users can send and receive BTC and LTC.

The bot in the messenger works with the Lite.IM cryptocurrency platform and allows you to receive and send cryptocurrency, view transactions in the wallet, make settings and export the wallet.

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Chainalysis research: 376 people own 33% of all ETH

Chainalysis-376-people-own-33-of-all-ETH Chainalysis research: 376 people own 33% of all ETH

According to the Chainalysis study, a third of all ethers in circulation belong to only 376 people.

The study showed that despite the control of a significant part of ETH, these "whales" accounted for only 7% of all Ethereum transactions. Chainalysis concluded that, although these people do not necessarily have a significant impact on the price of ETH, they contribute to market volatility when large sales are made.

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Indexica: Bitcoin growth due to its development as an asset

Zak-Selbert-Bitcoin-growth-as-an-asset Zak Selbert | Head of Indexica

According to the new index of the analytical web platform Indexica, the current growth rate of Bitcoin is due to its development and maturity as an asset.

Analysts have identified three main factors of the growth rate of Bitcoin: popularity in the network, reducing concerns about fraud, as well as a change in the attitude of people to the first cryptocurrency. At the same time, researchers noted that more and more financial experts and scientists are discussing Bitcoin, and traditional financial institutions are starting to take this asset more seriously.

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Board member of the ECB: “Stablecoins have more potential than Bitcoin”

Francois-Vilrua-de-Galo-Stablecoins-have-more-potential Francois Villeroy de Galhau | Governor of the French Central Bank

The Governor of the French Central Bank and member of the Governing Council of the European Central Bank Francois Villeroy de Galhau said that the stablecoins have more potential than Bitcoin.

According to Bloomberg, Francois Villeroy de Galhau, in addition, believes that cryptocurrencies tied to fiat money, will benefit the global financial apparatus. 

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