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.
A popular wallet for Ethereum MyEtherWallet in collaboration with the Swiss company Bity will provide users with the opportunity to exchange cryptocurrencies for fiat without a verification procedure.
Bity provides cryptocurrency services to residents of different countries and serves a network of cryptomattes in Switzerland. The possibility of withdrawal of cryptocurrency in Fiat without verification is possible under the local law on combating money laundering.
Binance, the world's largest cryptocurrency exchange in terms of trading volume, launched a new exchange on the island of Jersey, a British self-governing dependency. On Wednesday, the company announced that thanks to the new exchange, users will be able to trade Bitcoin and Ethereum against the British pound and euro in Europe and the UK.
"Binance selected Jersey for its highly developed digital infrastructure, robust regulatory framework, and world-class financial services sector," said Wei Zhou, chief financial officer of the exchange.
Coinbase and Kraken, the largest cryptocurrency exchanges in the United States, have joined the ranks of platforms that have confirmed the support of hardwood for Ethereum Constantinople, which will be implemented this week.
Two major exchanges joined Binance, Huobi and OKEx, which previously expressed their support for the upcoming update, and promise to monitor the hardforks, which will be carried out at block 7,080,000. This will probably happen on the night of January 16-17.
Serbian startup accelerator Decenter reported that the Google Ads contextual advertising service blocked all advertisements containing the word "Ethereum".
Such blocking began on January 8, 2019. According to Decenter, only ads with the word "Ethereum" got under the blocking; all other words from the field of cryptocurrencies, including "Bitcoin", "ICO" and "EOS", were not blocked. At the same time, an advertisement with the word "Ethereum" is blocked with the wording "This advertiser has not been approved to place an advertisement in your location."Co-founder and managing partner of the Multicoin Capital cryptocurrency fund, Kyle Samani, shared his opinion on important trends in the field of cryptoassets for the coming year.
Samani noted that he is closely watching the popular Binance Cryptocurrency Exchange and its development of a new decentralized platform, the launch of which can change the digital industry. He expects that the status of this exchange will allow it to attract a large number of users to an alternative solution, while Binance competitors, who are also developing such platforms, are unlikely to succeed.
With the advent of the New Year, a large number of forecasts regarding cryptocurrency rates appeared. Last year, many forecasts did not take into account the "bearish" trend, which dominated the market throughout 2018 and led to a fall in Bitcoin price by more than 80%. The beginning of this year was marked by the forecast rate of Bitcoin and other cryptocurrencies, published by the independent agency Weiss Ratings.
According to the Weiss Ratings forecast, 2019 foreshadows the growth of Bitcoin popularity. The international rating agency expects that more and more people will consider cryptocurrency as a store of value, and Bitcoin will finally become stronger in its status of digital gold.
The head of ConsenSys and co-founder of Ethereum Joseph Lubin announced that the current state of the market will not deteriorate, because this year he "reached its bottom", "is marked by an epic amount of fear, uncertainty, and doubt."
In addition, the head of ConsenSys assured the cryptocurrency community that, despite the recent significant reduction in staff, nothing bad happens to the company - this is just a reorganization.
"ConsenSys remains healthy and is engaging in a rebalancing of priorities and activities which started about nine months ago," said Lubin.At the 2018 Global Tech Forum held in China, the famous billionaire investor Jim Breyer made a negative statement for cryptocurrency investors.
Despite the long decline in cryptocurrency quotes, he still has high hopes for the blockchain business, but he expects the near future will be the worst time for investors.
"We are close to a nuclear winter right now with cryptocurrency," said Breyer, who is famous for investing in popular cryptocurrency projects: Circle, Ethereum, VeChain and High Fidelity.
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.
