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Michael Saylor: "Ethereum has its place, and Bitcoin is 50 times better than Gold"

ICO-NEWS-MICHAELSAYLO_20210617-192433_1 Michael Saylor CEO of MicroStrategy

Michael Saylor, CEO of MicroStrategy, believes that ETH is good and demeterializes JP Morgan, and Bitcoin is 50 times more attractive for investment than Gold. Previously, Sailor rarely spoke about other cryptocurrencies, in addition to Bitcoin. However, during a recent Fast Money program on CNBC, Sailor stated that Ethereum has its place in the cryptocurrency ecosystem. According to him, Ethereum is a "digital application" that "dematerializes JPMorgan, banking institutions and any exchanges." Further, Sailor called investing in Bitcoin much more attractive than in Gold: 

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Dan Morehead: now is a great time to buy Bitcoin

Dan Morehead Dan Morehead

Dan Morehead, CEO of a large cryptocurrency hedge fund "Pantera Capital", notes that the decline in cryptocurrency rates and the panic in the market that is currently taking place make it possible to buy Bitcoin. In his monthly letter to investors, Morehead emphasized the need to buy cryptocurrencies, and any other assets, when the markets are "below trend."

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Elon Musk: Tesla will resume allowing Bitcoin transactions

Musk-Tesla-will-resume-Bitcoin-transactions Elon Musk | American entrepreneur

American entrepreneur Elon Musk said that Tesla will resume accepting payments in Bitcoins after miners switch to using energy from renewable sources. Musk made this statement in response to the accusation of the CEO of Sygnia Magda Wierzycka of manipulating the cryptocurrency market. 

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Texas banks can store cryptocurrencies on behalf of customers

Texas banks Texas banks can provide such custodial services

According to the published document, banks can provide such custodial services provided that they have developed appropriate policies for effective risk management and compliance with applicable legislation. Given that cryptocurrencies do not exist in physical form, but in the blockchain, the owner of cryptocurrencies has private keys with which he can access them. The regulator explained that banks can store cryptocurrencies on behalf of customers by storing copies of their private keys, while users will be able to have direct control over their crypto assets.

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Google will lift the ban on advertising cryptocurrency exchanges and wallets in the US

Google-will-lift-the-ban-on-crypto Google will lift the ban on advertising cryptocurrency exchanges and wallets in the US

Google will allow cryptocurrency exchanges and wallets from August 3 to advertise their services to American users, subject to certain conditions. In 2018, Google banned advertising of all financial instruments that could pose risks to users, and cryptocurrencies were no exception. 

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Changpeng Zhao: No one can destroy Bitcoin and blockchain

Changpeng-Zhao-No-one-can-destroy-Bitcoin Changpeng Zhao | The founder of the Binance exchange

The founder of the Binance exchange, Changpeng Zhao, said that no amount of regulatory action will be able to destroy Bitcoin and the blockchain. It is much more effective to work out a clear regulation of cryptocurrencies. Changpeng Zhao expressed his opinion at the virtual conference Consensus 2021.

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David Rubenstein: cryptocurrencies will remain in the market, like gold

David-Rubenstein-cryptocurrencies David Rubenstein | American businessman, billionaire and investor

American businessman, billionaire and investor David Rubenstein believes that cryptocurrencies will remain in the financial market for a long time, as will gold. During the Squawk Box program on CNBC, Rubenstein revealed that he himself did not personally buy cryptocurrencies directly. 

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Finder poll: 56% of Australians consider Elon Musk to be the creator of Bitcoin

Elon-Musk-creator-of-Bitcoin Elon Musk | Tesla founder

More than half of Australians surveyed by the Finder site believe that Bitcoin was created by Tesla founder Elon Musk. Respondents also expressed interest in buying cryptocurrencies. According to The Australian, 1,004 Australians took part in the Finder poll. 

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Anthony Scaramucci: Bitcoin is an “apex predator” in the cryptocurrency market

Anthony-Scaramucci-Bitcoin-is-an-apex-predator Anthony Scaramucci | SkyBridge Capital founder

SkyBridge Capital founder Anthony Scaramucci believes that the popularity of altcoins does not prevent Bitcoin from maintaining its dominance in the cryptocurrency market. At the same time, the Bitcoin dominance index continues to be held at about 40%. According to Anthony Scaramucci, many investors still find it difficult to convince them to pay attention to Bitcoin. 

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Stanley Druckenmiller: a blockchain asset could replace the US dollar

Stanley-Druckenmiller-blockchain-asset-replace-the-dollar Stanley Druckenmiller | Former hedge fund manager and billionaire

Former hedge fund manager and billionaire Stanley Druckenmiller believes the US dollar could be replaced by a distributed ledger system. During an interview on CNBC, Druckenmiller noted that the "smart guys" at MIT or Stanford could come up with a "distributed ledger system" that would replace the US dollar around the world. 

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Mayor of Miami: it is too late to regulate Bitcoin

Miami-Mayor-Francis-Suarez Francis Suarez | Mayor of Miami

Miami Mayor Francis Suarez believes the widespread adoption of Bitcoin will make it difficult for regulators to impose severe restrictions on cryptocurrency firms and the digital asset industry. Speaking at the Ethereal Summit, Suarez said that it will be difficult for the US authorities to control the activities of firms working with digital assets, even if the necessary changes to the legislation are made. 

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Jamie Dimon: Bitcoin is not interesting, but JPMorgan customers disagree

Jamie-Dimon-Bitcoin-is-not-interesting Jamie Dimon | JPMorgan CEO

JPMorgan CEO Jamie Dimon said he remains skeptical about Bitcoin despite the growing interest of the bank's clients in the crypto asset. Speaking at a summit hosted by the Wall Street Journal, Daimon said he hasn't softened his stance on the first cryptocurrency. He previously compared Bitcoin to tulip rush and was ready to fire any JPMorgan employee caught in cryptocurrency trading. 

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JPMorgan analysts: Ethereum will overtake Bitcoin in the future

JPMorgan-Ethereum-will-overtake-Bitcoin

Analysts at the American investment bank JPMorgan believe that Bitcoin can compete with gold as a store of value but will give way to Ethereum in the long term. According to JPMorgan, the difference between BTC and ETH is that at this stage, Bitcoin is more likely to be categorized as "consumer goods."

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Prime Minister of Luxembourg: we intend to become the center of blockchain development

Prime-Minister-of-Luxembourg-Xavier-Bettel Xavier Bettel | Prime Minister of Luxembourg

Luxembourg Prime Minister Xavier Bettel said that the country intends to create conditions for the implementation of blockchain and cryptocurrencies, as it considers these industries to be promising. Speaking at the Luxembourg Blockchain Week conference, Bettel said the Luxembourg government will continue to "pave the way" for the development of innovative technologies in the country. 

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Bill Miller: there is no reason to call Bitcoin a bubble

Bill-Miller-no-reason-to-call-Bitcoin-a-bubble Bill Miller | Major American investor

Billionaire Bill Miller, who has previously spoken out in favor of cryptocurrencies, said that he sees no signs of a "bubble" in Bitcoin and expects the rate of the first cryptocurrency to continue to rise. During an interview on CNBC's "The Exchange", Miller noted that despite the recent rally in BTC and the subsequent pullback, demand for the first cryptocurrency is outstripping supply.

 

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Li Bo: crypto assets can be used for investment

Li-Bo-crypto-assets-can-be-used-for-investment Li Bo | Deputy Governor of the People's Bank of China

For the first time, the central bank of China recognized cryptocurrencies as an asset - Deputy Governor of the People's Bank of China (PBC) Li Bo called them an alternative investment asset. 

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Jesse Powell: regulation can do a lot of harm to the cryptocurrency industry

Jesse-Powell-regulation-can-do-a-lot-of-harm Jesse Powell | CEO of cryptocurrency exchange Kraken

The CEO of cryptocurrency exchange Kraken Jesse Powell believes that US regulators may try to "repress" the digital asset industry. In an interview on CNBC, Powell said that the growth of the cryptocurrency market is attracting a lot of attention, including from regulators. 

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Esther Pierce: banning Bitcoin would be very stupid

Esther-Pierce-banning-Bitcoin-stupid Esther Pierce | SEC Commissioner

SEC Commissioner Esther Pearce said it would be difficult for governments to ban Bitcoin. If the regulators really decide to do this, they will do something stupid. The Commissioner of the US Securities and Exchange Commission (SEC) said this during an online conference on investments in cryptocurrencies. 

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