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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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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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Head of BitMEX: “the price of Bitcoin will reach $ 10,000 this year”

Head-of-BitMEX-price-of-Bitcoin-will-reach--10000 Arthur Hayes | Head of BitMEX

The head of the major cryptocurrency exchange BitMEX Arthur Hayes believes that the "cryptocurrency winter" is over and the course of Bitcoin this year will reach $ 10,000.

Hayes expressed the opinion that the recovery of the cryptocurrency market will start at the beginning of the fourth quarter of this year. However, he believes that the market will be quite difficult to go beyond the already formed side channel.

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Craig Wright has filed 155 patent applications in the field of blockchain and cryptocurrency

Craig-Wright-patens-blockchain-and-cryptocurrency Craig Wright has filed 155 patent applications in the field of blockchain and cryptocurrency

The famous "patent troll" Craig Wright has already filed 155 applications for patents in the field of blockchain and cryptocurrency.

Australian engineer and entrepreneur Craig Wright, who repeatedly presented himself as Bitcoin's anonymous creator Satoshi Nakamoto, filed 155 patent applications in two years, according to The Next Web (TNW).

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Bitcoin trading volumes reached the level of January 2018

Bitcoin-trading-volumes-level-of-January-2018 Bitcoin trading volumes reached the level of January 2018

It seems that spring has begun in the cryptocurrency industry. Bitcoin trading volumes increased, reaching the level of January last year and the rate of the first cryptocurrency is at around $ 4,000.

In the past five months, Bitcoin trading showed a steady and steady growth, having increased from October 2018 by 150%. According to Kevin Rooke, a cryptocurrency commentator on Twitter, over the past year, daily Bitcoin trading volume has exceeded $ 10 billion a total of 9 times, and 5 of them this month. Most of the remaining cases recorded in February. That is, in recent months we have seen a significant increase in trading volumes.

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Tom Lee: 2019 will be the year of Bitcoin recovery

Tom-Lee-2019--the-year-of-Bitcoin-recovery Tom Lee | Co-founder at Fundstrat Global Advisors

Tom Lee, co-founder and chief financial analyst at Fundstrat Global Advisors, said in an interview with CNBC that the Bitcoin trend would change to bullish in August of this year.

Despite the fact that in December last year, Lee promised no longer to make predictions about the prospects for the cryptocurrency market. The market still could not resist and said that after 5-6 months, there should be a reversal of market trends.

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Niall Ferguson: “I was very wrong” when I criticized Bitcoin

Niall-Fergusony-wrong-when-I-criticized-Bitcoin Niall Ferguson | Author of the book "The Rise of Money"

The cryptocurrency skeptic and author of the book "The Rise of Money" Niall Ferguson admitted that he was wrong when he criticized Bitcoin and blockchain technology, calling them "a complete illusion."

"I was very wrong," Ferguson said. "Wrong to think there was no … use for a form of currency based on blockchain technology."

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Starbucks will introduce Bitcoin payment for coffee by the end of the year

Starbucks-will-introduce-Bitcoin-payment-for-coffee Starbucks will introduce Bitcoin payment for coffee by the end of the year

Cryptoanarchists dream of buying a cup of coffee for Bitcoin is getting closer to realization. Perhaps, by the end of the year, Bitcoins will be able to pay off in the world's largest network of coffee shops Starbucks.

This will be possible thanks to the cooperation with the Bakkt platform, which has not yet been launched, in the creation of which Starbucks takes an active part.

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Samsung Galaxy S10 will support BTC, ETH, COSM and ENJ

Samsung-Galaxy-S10-will-support-BTC-ETH-COSM-and-ENJ Samsung Galaxy S10 will support BTC, ETH, COSM and ENJ

New details about the cryptocurrency wallet built into the Galaxy S10 have become known. It turns out that the cold storage of the smartphone will support only four currencies and only two of them - large.

Reported that of the large coins, the cryptocurrency wallet will support Bitcoin and Ethereum. In addition, Galaxy S10 will be able to store coins Enjin Coin and Cosmo Coin. These are Korean projects based on the Ethereum blockchain. Enjin Coin is designed for gamers, and Cosmo Coin is associated with the beauty industry.

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John Carvalho: “There is no need to launch a Bitcoin ETF”

John-Carvalho-There-is-no-need-to-launch-a-Bitcoin-ETF John Carvalho | PR Director at BitRefill

Director of Public Relations at BitRefill, John Carvalho, expressed the opinion that ETF for Bitcoin is not necessary.

"I don't think Bitcoin "needs" an ETF. I'm not sure it will be the catalyst for new money that people hope for either. If a person or entity wants exposure to Bitcoin, they already have options. I'm also not a big fan of large central custodial pools of Bitcoin, it's a recipe for disaster," said Carvalho.

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MyEtherWallet will start converting cryptocurrency into Fiat without verification

MyEtherWallet-will-start-converting-without-verification MyEtherWallet will start converting cryptocurrency into Fiat without verification

A popular wallet for Ethereum MyEtherWallet in collaboration with the Swiss company Bity will provide users with the opportunity to exchange cryptocurrencies for fiat without a verification procedure.

Bity provides cryptocurrency services to residents of different countries and serves a network of cryptomattes in Switzerland. The possibility of withdrawal of cryptocurrency in Fiat without verification is possible under the local law on combating money laundering.

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Tim Draper: "cryptocurrency will force out ordinary money in five years"

Tim-Draper-cryptocurrency-will-force-out-ordinary-money-in-five-years Tim Draper | Venture investor and well-known cryptocurrency enthusiast

Venture investor and well-known cryptocurrency enthusiast Tim Draper said that you should not succumb to despondency, because cryptocurrency has a great future - in five years digital assets can force out fiat currencies.

Draper has always been much more optimistic about the future of Bitcoin than other industry players and cryptocurrency enthusiasts. He believes not only in Bitcoin, but also in the potential of the entire cryptocurrency industry.

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SEC Begins Considering Bitwise Bitcoin ETF Application

SEC-Begins-Considering-Bitwise-Bitcoin-ETF-Application SEC Begins Considering Bitwise Bitcoin ETF Application

The US Securities and Exchange Commission (SEC) has begun the process of reviewing an application for a change in the rule that will allow listing Bitcoin ETF proposed by Bitwise Asset Management and the NYSE Arca exchange.

The proposal itself was published in the Federal Register on February 15, which leaves authorized personnel 45 days to make an initial decision on approval, rejection or further extension of the time frame for consideration of the application. The SEC has a total of no more than 240 days to make a final decision on whether to approve or reject the proposal.

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Brian Kelly: “Bitcoin is undervalued by 50%”

Brian-Kelly-Bitcoin-is-undervalued-by-50 Brian Kelly | Head of BK Capital Management

The head of BK Capital Management and the popular cryptocurrency expert Brian Kelly expressed the opinion that Bitcoin is undervalued by 50%.

According to Kelly, the year 2019 will become more successful for cryptocurrency than 2018. However, before the courses go up, the price of the first cryptocurrency may drop to the level of $ 1.5 thousand. He noted that the market has repeatedly dropped to similar values.

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Mike Novogratz: “institutional clients are preparing to enter the cryptocurrency market”

Mike-Novogratz-institutional-clients--to-enter-the-cryptocurrency-market Mike Novogratz | Former hedge fund manager

Mike Novogratz, a well-known cryptocurrency enthusiast and founder of the Galaxy Digital investment bank, believes that large institutional investors will start investing in the cryptocurrency industry next year.

"All the architecture that institutions need to feel comfortable with this is being put in place. You're going to start to see custody come online" through the middle of March, paving the way for the "smart money" to enter in a serious fashion," he said.

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