Spencer Bogart, a partner at Blockchain Capital, a venture capital firm, said in a conversation with Bloomberg that despite the long bearish cycle in the cryptocurrency market, cryptoactives still have enormous potential.

The expert still holds positive predictions about the future of Bitcoin, noting the critical role of "programmable money", whose popularity will continue to grow.

The head of the American Autodesk Corporation, Andrew Anagnost, spoke at the Autodesk University conference in Las Vegas with the statement that the blockchain technology can help eradicate corruption and increase confidence in the construction industry.

A cryptocurrency credit startup "SALT Lending" and a former member of the board of directors of the company Erik Voorhees are under investigation by a US regulator. It is reported by the publication The Wall Street Journal, citing "sources familiar with the situation."

At a meeting with the Deputy General Counsel of the International Monetary Fund Ross Leckow, Ripple CEO Brad Garlinghouse expressed the opinion that universal regulation would spur Bitcoin and blockchain adoption. The meeting was held as part of the Fintech Festival in Singapore.

The eccentric cryptocurrency enthusiast and creator of one of the first antivirus companies, John McAfee, once again confirmed his opinion about Bitcoin for a million dollars by 2020. Moreover, according to him, this is a very conservative forecast.

Despite the significant market downturn and Bitcoin prices, McAfee remains calm and optimistic about his prediction.

Former chairman of Google, billionaire Eric Emerson Schmidt, gave an interview to economist Tyler Cowen at an organized Village Global event, which was held in San Francisco.

The dialogue covered various topics, such as the future of technology, the division of the Internet, recruitment methods and the reform of corporate governance. In addition, Schmidt expressed his opinion about Ethereum, stating that he has enormous potential and has every chance of becoming a powerful platform.

The developer, who formalized the code that underlies most of the primary token allocations (ICO), the Ethereum standard ERC-20, proposed a new approach in an attempt to make financing schemes safer for investors.

The head of the largest Bitcoin derivatives trading platform BitMEX Arthur Hayes expressed the opinion that the "bearish" trend in the cryptocurrency market may last another 18 months.

"My view is the volatility environment that exists right now could persist for another 12 to 18 months, the flatness. I am just basing it off my previous experience. I started in bitcoin in 2013, when the price went from $250 to $1,300. And then 2014 to 2015 was sort of the nuclear bear market. Price crashed, volume crashed — very, very difficult to make money," he said.

Former head of the US Federal Reserve Janet Yellen, known for her extreme skepticism about cryptocurrency, unexpectedly for herself became the owner of a small part of Bitcoin, having received it as a gift.