Despite the consolidation of Bitcoin in recent weeks, Celsius CEO Alex Mashinsky is still confident that the price of BTC will reach $ 140,000 or even $ 160,000 by the end of the year. In an interview with Yahoo Finance, Alex Mashinsky stated that the main purpose of Bitcoin is to store wealth.
JPMorgan CEO Jamie Dimon said he remains skeptical about Bitcoin despite the growing interest of the bank's clients in the crypto asset. Speaking at a summit hosted by the Wall Street Journal, Daimon said he hasn't softened his stance on the first cryptocurrency. He previously compared Bitcoin to tulip rush and was ready to fire any JPMorgan employee caught in cryptocurrency trading.
Analysts at the American investment bank JPMorgan believe that Bitcoin can compete with gold as a store of value but will give way to Ethereum in the long term. According to JPMorgan, the difference between BTC and ETH is that at this stage, Bitcoin is more likely to be categorized as "consumer goods."
Recently, crypto enthusiasts are happy not only for Bitcoin, the rate of which has approached $35,000. Ether exceeded $1,000 for the first time since the beginning of 2018. Since the evening of January 2, ETH has grown by a third — at that time the coin was trading at $720, now ETH is $1,090. It is quite possible that in the coming days, Ethereum w...
According to Ethereum co-founder Vitalik Buterin, stablecoins do not use one of the important features that allows transferring assets between blockchains. In a long discussion on Twitter, Buterin said that using this feature would increase compatibility and data exchange between different networks.
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.
American entrepreneur and cryptocurrency enthusiast John McAfee believes that cryptocurrency firms are not required to prevent the use of crypto assets for crime.
Washington D.C.-based news agency The Hill reports that although McAfee himself is concerned about the use of cryptocurrencies in illegal activities, he believes that cryptocurrency exchanges and companies should not monitor suspicious activity.
Ethereum co-founder and CEO of Consensys Joseph Lubin hopes that China's state-owned cryptocurrency will be compatible with open blockchains, including Ethereum.
Lubin expressed his opinion during an interview with Forbes, published on November 9.
Heath Tarbert, chairman of the U.S. Commodity Futures Trading Commission (CFTC), believes that Ethereum futures will be launched as early as next year.
During his speech at Georgetown University, Tarbert expressed the view that air futures will appear within 6-12 months, however, the launch of such products does not mean an immediate growth in the cryptocurrency industry.
Billionaire investor and founder of the cryptocurrency bank of Galaxy Digital Mike Novogratz is confident that the price of Bitcoin is consolidating in the range from $ 7,000 to $ 10,000.
"If I'm wrong on that, I think I'm wrong to the upside, that there's enough excitement and momentum that it could carry through," said a former Goldman Sachs partner during a conference call dedicated to quarterly indicators of the company.
According to the Chepicap portal, an unknown sender transferred a transaction in the amount of 8.88 LTC (~ $ 1000) in the Litecoin network and paid a fee of 200 LTC (more than $ 22000).
Thus, the size of the commission exceeded the amount sent by 22 times. The transaction was added to the block, mined by the Chinese mining pool LTC.TOP.
The Ethereum Foundation announced its intention to invest about $ 30 million in the development of key projects in the Ethereum ecosystem.
According to the foundation's statement, over the next 12 months, $ 19 million will be allocated to "create Ethereum of tomorrow". In particular, funds will be directed to the development of Ethereum 2.0, "second-level" scaling solutions such as Plasma, and other research initiatives. In addition, in the coming year it is planned to spend an additional $ 8 million to support the current network of Ethereum through initiatives such as Ethereum 1x.
According to the Chainalysis study, a third of all ethers in circulation belong to only 376 people.
The study showed that despite the control of a significant part of ETH, these "whales" accounted for only 7% of all Ethereum transactions. Chainalysis concluded that, although these people do not necessarily have a significant impact on the price of ETH, they contribute to market volatility when large sales are made.
Joseph Lubin said that the blockchain scalability of Ethereum would grow 1,000 times in the next two years.
Co-founder of Ethereum expressed his opinion in an interview with Cointelegraph last weekend. Lubin specified that such a significant increase in scalability will be ensured by the next iteration of the Ethereum 2.0 blockchain network. He explained that the development divided into four stages and that eight groups are already creating clients for the new chain.
According to a study conducted by the Value Walk news website, 46.7% of users prefer to invest in Bitcoin, rather than other cryptocurrencies.
As part of the survey, respondents were asked a few questions. When answering the question "What is your favorite coin?" 46.7% chose Bitcoin, 31.4% - Ethereum, and 21% - Ripple.
Amber Baldet, former CEO of JP Morgan, said that decentralized applications should be easy to use, and users do not need to know about the underlying technology.
According to Amber Baldet, users do not need to know exactly how the application works. For them, the ease of use and the functions provided by the application are important, not the blockchain on which it was created.
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.
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.
