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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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BitMEX research: investment in ICO decreased by 97%, the number of IEO is growing

BitMEX-research-investment-in-ICO-decreased BitMEX research: investment in ICO decreased by 97%, the number of IEO is growing

According to the BitMEX cryptocurrency exchange study, investment in the ICO industry decreased by 97% compared with the previous year, and reached only $ 40 million in the first quarter of 2019.

According to the study, in the first quarter of 2019, the ICO market volume showed a decline of 97%, compared to the same period of 2018. According to the report, the top 10 ICO projects in terms of capital attracted in 2018 included EOS, Telegram, Dfinity, Bankera, t0, Basis, Orbs PumaPay, Jet8 and Unikoin Gold.

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Bitcoin miners earn commissions 8 times more than miners of all altcoins

Bitcoin-miners-earn-commissions-8-times-more Bitcoin miners earn commissions 8 times more than miners of all altcoins

According to Messari analyst's OnChainFx rating dated May 10, Bitcoin miners, on transaction processing fees alone, received $ 580,000 per day. 

For comparison, all of the miners of other cryptocurrencies, also analyzed by Messari, for the same period, earned 8 times less.

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Joseph Lubin: “due to Ethereum 2.0, the Ethereum scalability will grow 1000 times”

Joseph-Lubin-Ethereum-scalability-will-grow Joseph Lubin | Co-founder of Ethereum

Joseph Lubin said that the blockchain scalability of Ethereum would grow 1,000 times in the next two years.

Co-founder of Ethereum expressed his opinion in an interview with Cointelegraph last weekend. Lubin specified that such a significant increase in scalability will be ensured by the next iteration of the Ethereum 2.0 blockchain network. He explained that the development divided into four stages and that eight groups are already creating clients for the new chain. 

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Michael Novogratz: “Web 3.0 has the potential to change the world, not Bitcoin”

Michael-Novogratz-Web-3-0-change-the-world Michael Novogratz |

The famous cryptocurrency enthusiast and head of Galaxy Digital, Michael Novogratz, said that Bitcoin is only a means of storing wealth, and the world will change Web 3.0.

Speaking at the summit of ConsenSys Ethereal, a former top manager from Wall Street said that Bitcoin was the first to enter the industry and take the place of an asset to accumulate wealth. However, the investor believes that Bitcoin "has already practically fulfilled its use case." At the same time, Novogratz compared the first cryptocurrency with gold, noting that both assets have value as a social concept.

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US FTC: “If you raise money by crowdfunding … use the money to work on your idea …”

Andrew-Smithf-FTC Andrew Smith | Director of the Consumer Protection Bureau of FTC

The US Federal Trade Commission (FTC) sued a startup that promised crowdfunding participants a smart backpack, but instead spent money to buy BTC and pay for credit cards.

The lawsuit states that Douglas Monahan and his company iBackPack of Texas raised $ 800,000 to "develop several products," including a smart backpack with batteries for charging phones and laptops. However, instead of releasing the iBackpack, as the FTC claims, Monahan was spending money "on personal goals." The commission also claims that Monahan threatened displeased customers on the Internet.

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CEO of "TRON" offered to make a deposit of 7,000 BTC on Binance

Justin-Sun-offered-to-make-a-deposit-of-7000-BT_20190508-122707_1 Justin San | CEO of

After hacking of the Binance cryptocurrency exchange, which resulted in 7,000 BTC stolen, founder of Tron Justin San announced his intention to make a deposit on Binance in the amount of USD 40 million.

"To support Binance, I will personally deposit 7000 BTC worth USDT (40 million USDT) into Binance to buy BNB, BTC, TRX, & BTT if CZ agrees. No need to FUD! Funds are #SAFU," he wrote on Twitter.

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Hacking Binance: 7,000 BTC stolen from a hot wallet of Cryptocurrency Exchange

Hacking-Binance-7000-BTC-stolen-from-a-hot-wallet Changpeng Zhao | Head of the Binance Exchange

One of the largest cryptocurrency exchanges, Binance, reported a burglary, as a result of which hackers were able to obtain some user data and withdraw 7,000 BTC from the hot wallet of the exchange.

The official report says that the attackers managed to get hold of a significant number of API-keys of users, as well as codes of two-factor authentication. Perhaps they were able to obtain other user data.

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Delphi Digital: Bitcoin Enters the New Growth Cycle

Delphi-Digital-Bitcoin-New-Growth-Cycle Delphi Digital: Bitcoin Enters the New Growth Cycle

The analytical company Delphi Digital has conducted a study, according to which the bottom of the cryptocurrency market has already been passed and a new cycle of Bitcoin exchange rate growth has arrived.

The researchers analyzed the blockchain first cryptocurrency, macroeconomic trends and several options for technical analysis. Judging by the analysis of the bitcoin blockchain, especially by the distribution of unspent transactions by age (UTXO), the bottom of the current cycle has already been passed.

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Traders hope to see Bitcoin above $ 330,000 already in 2021

Bitcoin-above--330000--in-2021 Traders hope to see Bitcoin above $ 330,000 already in 2021

A few days ago, Bitcoin updated the annual maximum, rising above $ 5,800. Some analysts have already stated that Bitcoin is preparing for the campaign to the level of $ 400,000.

Today, "digital gold" on most exchanges is trading at about $ 5,700. Market capitalization exceeded $ 100 billion, and daily trading volume is more than $ 14 billion.

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WSJ: Facebook plans to create a full-featured payment system based on stablecoin

Facebook--payment-system-based-on-stablecoin WSJ: Facebook plans to create a full-featured payment system based on stablecoin

Stablecoin, which is allegedly developing the social network Facebook, will serve as the foundation for the creation of a new payment system.

Project Libra - the internal name of the new blockchain-initiative Facebook - will use a stable cryptoasset, secured by fiat currency. Various sources report that the company is already working on attracting financial companies that will support the project.

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