Tim Draper, a venture investor and cryptocurrency enthusiast, believes that startups working with digital currencies in India are waiting for a "renaissance" and now is a great time to invest in them.
Binance CEO Changpeng Zhao commented on the messages of his subscribers who make fun of him because of inaccurate forecasts of the Bitcoin rate.
Founder of Gold Bullion International Dan Tapiero believes that the negative rates on US bonds could be a "Mega bullish" signal for Bitcoin.
"Negative interest rates have arrived in the US! 6mo t-bill at -2bps. Means you need to PAY US govt for 6mo cash deposit. Rates to go much more negative to weaken dollar. This is confiscation and it is bad but it needed for now to stabilize system. Mega bullish for #Bitcoin," Tapiero wrote on Twitter.
Analysts predict the Bitcoin exchange rate in the range of $ 4,800 - $ 6,000, but the CEO of Three Arrows Capital Su Zhu allows rapid growth to $ 50,000.
In a message on Twitter, Su Zhu stressed that in the current global economic situation, the influx of money into Bitcoin could increase significantly, which means that the rate of the first cryptocurrency will increase significantly.
The founder and CEO of Digital Currency Group and Grayscale Investments, Barry Silbert, took advantage of yesterday's 30% depreciation of Bitcoin to replenish his reserves of the first cryptocurrency.
"I'm buying. This is why Bitcoin was invented," wrote Barry Silbert on the social network Twitter.
Well-known cryptocurrency enthusiast Michael Novogratz was surprised to find that over the past week, stock market and Bitcoin rates have fallen simultaneously.
Asset Manager Charles Edwards, using a rare indicator called Bitcoin Energy Value, predicted a rise in the price of Bitcoin to $ 100,000 over five years.
The indicator monitors the price of Bitcoin using two metrics to determine the "value" - the hash of the network and the effectiveness of mining equipment.
US Secretary of the Treasury Steven Mnuchin, speaking to Congress, said that the Financial Crimes Enforcement Network (FinCEN) is preparing to introduce new cryptocurrency regulations.
Mnuchin did not announce any details, he limited himself to the phrase: "We're about to roll out some significant new requirements at FinCEN". He added that the US authorities intend to seek a balanced approach in this area.
The Bitcoin symbol ₿ is now available on Twitter. It is displayed when writing the hashtags #Bitcoin or #BTC.
Jack Dorsey, co-founder and CEO of Twitter, was the first who added the Bitcoin symbol to his Twitter message. The Dorsey entry demonstrates that now when a Twitter user writes the hashtag #Bitcoin or #BTC, a cryptocurrency symbol is displayed next to him.
Heath Tarbert, chairman of the US Commodity Futures Trading Commission (CFTC), again expressed confidence that there would be Ethereum futures on the market.
"We have seen bitcoin futures, both cash-settled as well as physically-delivered. My guess is we are going to see ether futures as well," said Tarbert in an interview with Bloomberg.