On April 11-12th, "2019 Chain Plus Asia Pacific Blockchain New Finance Summit Singapore station "has ended with a bang.
Although we are currently in a bear market, the enthusiasm of the participants did not decrease. At this industry-leading forum Chain Plus, William Zhu, founding partner of The Blockchainer, also the host of this summit, reviewed and speculated the past, present and future of blockchain finance area.
The founder of Ethereum, Vitalik Buterin, supported Bitcoin SV delisting occurring on several exchanges.
The head of Xapo expressed the opinion that every responsible investor should invest at least 1% of his investment portfolio in Bitcoin, because the first cryptocurrency can affect the world more than the Internet.
Wences Casares stressed that if you invest in Bitcoin, for example, 1% of the $ 10 million portfolio, this investment can bring up to $ 25 million in 7-10 years. According to the head of Xapo, the rate of the first cryptocurrency may well reach $ 1 million in a specified period of time. If Bitcoin disappears, then the loss will be only $ 100,000.
Well-known venture investor and cryptocurrency enthusiast Tim Draper plans to meet with Facebook top managers in order to discuss the possibility of investing in the new stablecoin.
The founder and head of the BKCM LLC cryptocurrency hedge fund Brian Kelly (Brian Kelly) said that behind the growth of Bitcoin are strong fundamental factors.
In the program "Fast Money" on CNBC Kelly explained why this month the price of the first cryptocurrency rose to the level of November last year. In addition, according to the founder of BKCM LLC, there is a high probability that the $ 3,200 mark will become the "bottom" of the market.
As Circle CEO Jeremy Allaire said, the cryptocurrency industry is almost ready to change the underlying truths of civil society.
Allaire stressed that the main problem lies in the trust between people and technology, including the blockchain technology. At the same time, a simple principle operates in the cryptocurrency community: "we believe in cryptocurrencies".
In the first three months of this year, less than 350 ICOs held, which is almost two times less than in the previous quarter. However, in terms of the amount of funds raised, the gap is not so large - if in the 4th quarter of 2018 the ICO collected about $ 1.5 billion, in the first quarter of this year the amount of funding amounted to about $ 1 billion.
Today Telegram has provided access to a test version of the TON network to a limited number of professional teams.
It seems that the cryptocurrency community will see the finished version of the TON network in the near future. At least the "Vedomosti" Russian news agency reported this, citing information from two sources.
Winnie Lingham, general partner of Multicoin Capital and the head of Civic, believes that if the Bitcoin rate rises above $ 6.200, this will signal the beginning of a new cycle in the bull market.
"That said, if we can break $6.200 for BTC, it will likely mark the start of another major bull run and could run hot and high, but if it's pure speculation and other assets benefit disproportionately to value created, it's likely not going to end well again," Lingham said.
Chinese cryptocurrency billionaire Zhao Dong expressed the opinion that the "bearish" market is not over yet and the rate of Bitcoin will not exceed the mark of $ 6,000 for most of 2019.
Zhao Dong believes that the price of Bitcoin will be within the channel $ 4,000- $ 6,000 at least until October of this year. As for the recent rise in the price of the first cryptocurrency, the rate is still in this channel.
