Lead Monero developer Riccardo Spagni said that Bitcoin will always have competitors, but it can become the global reserve currency.

Spagni stressed that Bitcoin will never remain the only cryptocurrency, as this contradicts the very nature of human society, where struggle and competition are inevitable.

Well-known entrepreneur Andreas Antonopoulos said that in order to use Bitcoin in the financial sector, it is necessary to develop scenarios for its practical application.

Antonopoulos believes that one day the time will come when the first cryptocurrency will take the place of the current banking system based on fiat payments. However, for this, average consumers must understand the advantages of Bitcoin and thoroughly explore the options for using it.

According to Google Trends, the number of search queries with the word "Bitcoin" increased three times after a sharp jump in the price of the first cryptocurrency recorded at the beginning of the week.

According to Google Trends, the largest number of requests made from Nigeria, the Netherlands, South Africa, Austria and Switzerland. In the United States, information about Bitcoin most often sought in California, Washington, Nevada, New York, and Colorado.

The general director of the cryptocurrency company BCB Group said that the latest increase in the Bitcoin rate was due to the purchases of one investor who distributed $ 100 million on three major exchanges.

Oliver von Landsberg-Sadie, in a conversation with Reuters, said that the reason for the Bitcoin breakthrough above $ 5,000 was a certain investor who made deals totaling about 20,000 BTC simultaneously on the three largest exchanges - Coinbase, Kraken and Bitstamp.

Bitcoin will be ahead of other payment systems, such as Visa and MasterCard, within ten years, if the growth of the network continues at the same pace.

DataLight made such a forecast in a research comparing Bitcoin with traditional payment systems, which also included PayPal, noting the rapid development of cryptocurrency since its inception in 2009.

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.

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.

2019 Chain Plus Asia Pacific Blockchain New Finance Summit (Singapore), one of the most influential blockchain summit organized by The Blockchainer is about to open on April 11-12^th 2019 at Mandarin Oriental Singapore, with the prediction of 500 participants, 30+ traditional financial institutions, 80+ quality projects, 50+ investment institutions, and 50+ digital currency exchanges from worldwide. 

According to a new "TokenData" research, ICO investment volumes in the first quarter of 2019 decreased 58 times compared to the same indicator of the first quarter of 2018.

The researchers note that in the first quarter of this year, in the course of primary placements of tokens (ICO), a total of $ 118 million collected. In the first quarter of last year, ICO projects received investments of $ 6.9 billion.

The social network VKontakte has plans to release its own cryptocurrency, but a specific decision to launch has not yet been made.

At the moment the project is supposed to create individual cryptocurrency accounts for all users of the social network. According to RNS, the news agency received a project presentation. It says that users will be able to receive cryptocurrency for time spent on the network and activity.