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Riccardo Spagni: “Bitcoin will become the world's reserve currency”

Riccardo-Spagni-Bitcoin-worlds-reserve-currency Riccardo Spagni | Lead Monero developer

Lead Monero developer Riccardo Spagni said that Bitcoin will always have competitors, but it can become the global reserve currency.

Spagni stressed that Bitcoin will never remain the only cryptocurrency, as this contradicts the very nature of human society, where struggle and competition are inevitable.

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Brian Armstrong: "To adopt cryptocurrencies, we must reduce their volatility"

Brian-Armstrong-adopt-cryptocurrencies-reduce-volatility Brian Armstrong | Head of Coinbase

The head of the Coinbase cryptocurrency exchange, Brian Armstrong, believes that in order to take digital assets, it is necessary to reduce volatility, as well as to improve the scalability and use of coins.

According to Brian Armstrong, the strong volatility of the cryptocurrency market scares off large investors, who are used to investing in traditional financial institutions, so the industry needs more stable prices.

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Andreas Antonopoulos: “it is necessary to develop the practical use of Bitcoin”

Andreas-Antonopoulos-the-practical-use-of-Bitcoin Andreas Antonopoulos | Entrepreneur

Well-known entrepreneur Andreas Antonopoulos said that in order to use Bitcoin in the financial sector, it is necessary to develop scenarios for its practical application.

Antonopoulos believes that one day the time will come when the first cryptocurrency will take the place of the current banking system based on fiat payments. However, for this, average consumers must understand the advantages of Bitcoin and thoroughly explore the options for using it.

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Tom Lee: "the price of Bitcoin should be at around $ 14,000"

Tom-Lee-price-of-Bitcoin-should-be-at-around--14000 Tom Lee | Co-founder of Fundstrat Global Advisors

Tom Lee, co-founder of the US research company Fundstrat Global Advisors, expressed the opinion that the price of Bitcoin should be at around $ 14,000.

Lee also said that the old Bitcoin whales returned to the market and began a mass buying up of the first cryptocurrency due to the changing mood in the industry.

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Google Trends: The number of search queries with the word "Bitcoin" has tripled

Google-Trends-search-queries-with-the-word-Bitcoin Google Trends: The number of search queries with the word "Bitcoin" has tripled

According to Google Trends, the number of search queries with the word "Bitcoin" increased three times after a sharp jump in the price of the first cryptocurrency recorded at the beginning of the week.

According to Google Trends, the largest number of requests made from Nigeria, the Netherlands, South Africa, Austria and Switzerland. In the United States, information about Bitcoin most often sought in California, Washington, Nevada, New York, and Colorado.

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The Bitcoin exchange jump above $ 5,000 caused by purchases of one trader

1-Oliver-von-Landsberg-Sadi,000 caused by purchases of one tradere-bitcoin-exchange-jump Oliver von Landsberg-Sadie | Head of BCB Group

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.

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DataLight research: “Bitcoin will become the main payment system in 10 years”

DataLigh-Bitcoin-will-become-the-main-payment-system DataLight research: “Bitcoin will become the main payment system in 10 years”

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.

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Elizabeth White: "cryptocurrency will not surpass the traditional financial system"

Elizabeth-White-cryptocurrency-will-not-surpass-financial-system Elizabeth White | Founder of White Company

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.

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Brian Kelly: “Bitcoin's next target is $ 6,000”

Brian-Kelly-Bitcoins-next-target-is--6000 Brian Kelly | Head of BKCM LLC

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.

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Research: investments in ICO decreased 58 times over last year

investments-in-ICO-decreased-58-times Research: investments in ICO decreased 58 times over last year

According to a new "TokenData" research, ICO investment volumes in the first quarter of 2019 decreased 58 times compared to the same indicator of the first quarter of 2018.

The researchers note that in the first quarter of this year, in the course of primary placements of tokens (ICO), a total of $ 118 million collected. In the first quarter of last year, ICO projects received investments of $ 6.9 billion.

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Social Network “Vkontakte” has plans to release its own cryptocurrency

Vkontakte-plans-to-release-cryptocurrency Social Network “Vkontakte” has plans to release its own cryptocurrency

The social network VKontakte has plans to release its own cryptocurrency, but a specific decision to launch has not yet been made.

At the moment the project is supposed to create individual cryptocurrency accounts for all users of the social network. According to RNS, the news agency received a project presentation. It says that users will be able to receive cryptocurrency for time spent on the network and activity.

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Bitrefill added the ability to pay for housing on Airbnb in cryptocurrency

Bitrefill-pay-for-housing-on-Airbnb-in-cryptocurrency Bitrefill added the ability to pay for housing on Airbnb in cryptocurrency

A cryptocurrency startup Bitrefill has added a service that allows users to pay their rent through the Airbnb service with five cryptocurrencies.

The Swedish company announced the innovations on its Twitter account, saying that customers can now pay for Airbnb gift cards at BTC, ETH, LTC, DOGE and DASH. However, currently Airbnb gift cards can only be redeemed by US residents.

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Browser Extension will allow assessing the bias of tweets about Cryptocurrency

Browser-Extension-bias-of-tweets-about-Cryptocurrency Browser Extension will allow assessing the bias of tweets about Cryptocurrency

The new Browser Extension "Conflict of Interest", developed by Luke Childs, will allow users to identify cryptocurrency posts on the social network Twitter, as well as evaluate the bias of the content.

The tool, developed by Luke Childs, is available as an extension for Opera, Google Chrome and Firefox browsers. The purpose of Conflict of Interest is to reveal the accuracy of the information and the motives of those who write about cryptocurrency on the social network Twitter.

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Weiss Ratings called BTC, XRP and EOS the most promising cryptocurrencies

Weiss-Ratings-BTC-XRP-EOS-most-promising-cryptocurrencies Weiss Ratings called BTC, XRP and EOS the most promising cryptocurrencies

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.

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Wuabit develops cryptocurrency wallet for WhatsApp

Wuabit-cryptocurrency-wallet-for-WhatsApp Wuabit develops cryptocurrency wallet for WhatsApp

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.

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Tim Draper proposed Argentina to declare Bitcoin as a national currency

Draper-proposed-Argentina-to-declare-Bitcoin Tim Draper | Venture investor

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 American venture investor reportedly met with Argentine President Mauricio Macri last week to discuss the economic outlook for a Latin American country.

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Patrick Byrne: Blockchain revolution «bigger than the Gutenberg press»

Patrick-Byrne-Blockchain-revolution Patrick Byrne | Head of Overstock

The head of the American retail giant Overstock Patrick Byrne emphasized the blockchain's potential in the economy and said that in the future the invention of this technology would be equated with the creation of the Internet.

According to Patrick Byrne, the blockchain revolution we are currently seeing will be more important for future generations than the invention of the first printing press or the creation of the Internet.

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Investors estimated Bakkt platform at $ 740 million

Investors-estimated-Bakkt-platform-at--740-million Investors estimated Bakkt platform at $ 740 million

Investors at approximately $ 740 million estimate the cryptocurrency platform Bakkt, created by the operator of the New York Stock Exchange.

During the first investment round of Series A, held in December last year, Bakkt collected $ 182.5 million to develop a platform that aims to attract institutional investors to cryptoassets. A probable valuation of $ 740 million suggests that Bakkt's owner, Intercontinental Exchange, has sold up to 25% of its shares to outside investors, including Galaxy, Pantera, Microsoft and Starbucks. Until now, the public catering giant has not made any investments in the site.

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