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.

Throughout the existence of Bitcoin, it was repeatedly called a bubble. This was also the case in the period of super-fast growth in 2017, when many economists claimed that the bubble would pop soon.

However, according to Ran NeuNer, the host of the Crypto Trader program on CNBC, not one bubble can pop twice.

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.

The head of the Coinbase cryptocurrency exchange, Brian Armstrong, believes that in order to take digital assets, it is necessary to reduce volatility, as well as to improve the scalability and use of coins.

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.