Cryptocurrency analyst and BlockTV reporter Joe Saz believes that after the elimination of short positions on Bitcoin by $ 100 million, the growth of the first cryptocurrency can not be stopped.

"I think that this can keep going. There's nothing stopping it. I don't want to go too far into the clouds here, but there might have even been $100 million plus dollars in liquidations overnight…

I saw a lot of $10 million in short liquidations. So what does that mean? It means a lot of people were betting that we were headed down and they got completely smashed in the face. So I don't recommend to enter any short or long positions," the analyst emphasized. 

The chairman of the US Securities and Exchange Commission (SEC), Jay Clayton, spoke about what needs to be done in the cryptocurrency industry before approving applications for a Bitcoin ETF.

According to Clayton, the industry is in dire need of high-end custodial solutions that would be approved by US regulators. In addition, you must ensure that there is no market manipulation.

Bitcoin analyst Oliver Isaacs expressed the opinion that the first cryptocurrency rate would reach $ 25,000 by the end of 2019.

"There are multiple drivers behind the recent resurgence. There are geopolitical, technological and regulatory drivers. The net effect of the trade war between the U.S. and China has led to the sudden interest in bitcoin as a hedge on investments," Isaacs said.

The Geco One platform generates synergies between the active parts of the market

A new trading platform for cryptographic assets will be launched in the coming weeks. Geco.one is aiming to be one of the complete platforms for digital trading. The competition is stiff, a technological sector that increases the benchmark continuously presenting advances every short space of time. Therefore, the trading platform presented by Geco One requires a special touch and first-rate features. A next-generation options menu will make it possible to trade inside PAMM services, futures trading, leverage, and both long and short positions from a single platform; offering control, simplicity, and diversity to the user.

Several sources close to Chinese business circles reported that the co-founder and former director of mining giant Bitmain Jihan Wu was preparing to launch a new company called Matrix.

Interestingly, the main client of Matrix will be Wu's former brainchild - Bitmain. Of course, now the new business is negotiating with other companies around the world. Matrix expected to offer custody and credit services, so the choice of Bitmain as a key client is quite reasonable. The mining giant generates a large amount of cryptocurrency that needs to be stored somewhere.

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.

Founder of the Ikigai cryptocurrency hedge fund Travis Kling believes that a small group of wealthy traders can push the Bitcoin rate to new heights.

Kling based on data from its own analysis and information from other institutional investors. In his opinion, there is a small group of "risky whales", which caused the recent take-off of the first cryptocurrency course.

David Chaum said that the most stunning application for the industry would be a privacy-oriented message-sending system, integrated with payments.

The digital currency pioneer said this in an interview with Bloomberg Odd Lots podcast. David Chaum is the creator of the predecessor of Bitcoin, e-currency Ecash, and one of the founders of the cyberpunk movement. Chaum told Bloomberg that raising awareness of privacy and digital sovereignty in the modern era paved the way for blockchain and cryptocurrency, which can make a breakthrough and go into mass use. 

Co-founder and CEO of Kenetic Capital, Jehan Chu expressed the opinion that the rate of the first cryptocurrency by the end of this year will exceed $ 30,000.

Chu made a statement in an interview with Bloomberg. According to the head of Kenetic Capital, one of the main factors for the growth of Bitcoin will be the launch of the Fidelity and Bakkt platforms, the emergence of Facebook's own cryptocurrency. In addition, the recent unsuccessful share offerings conducted by Uber and Lift may attract investors to "new technology companies."

The ICO and IEO industry is showing signs of growth due to positive investor sentiment, obviously spurred by a recent cryptocurrency rally.

These data published in the new report of the rating agency ICObench. As of May 21, the ICO's success rate has increased, reflecting an improvement in the quality of projects. 85% of all funds raised in May were received by projects with a high rating (3-3.5), while in April, the share of these ICOs accounted for 68% of the funds raised.

The head of the cryptocurrency investment company Morgan Creek Capital, Mark Yusko said that Bitcoin is "a great asset" that should be in the portfolio of every competent investor.

Yusko also stressed that in 10 years, Bitcoin significantly outperformed any funds based on traditional assets.

A cryptocurrency trader, Anthony Grisanti, who works on the New York Mercantile Exchange (NYMEX), predicted a Bitcoin exchange rate to reach $ 7,000 and the subsequent consolidation of markets.

Anthony Grisanti made his assumptions on the Trade Alert program on CNBC. According to a professional trader, in the near future, the rate of the first cryptocurrency will fall to the level of $ 7,000.

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.

Changpeng Zhao, the head of one of the largest cryptocurrency exchanges BINANCE, expressed the opinion that cryptocurrencies will become a shared future and urged everyone to accept digital assets.

"If you don't want to be left out in the future, you will have to embrace it," Zhao said at the 10th Asian Leadership Conference 2019 in South Korea.

Well-known cryptocurrency enthusiast Tom Lee expressed the opinion that the return of Bitcoin to $ 8,000 after falling to $ 6,400 is a clear sign of the end of a "cryptocurrency winter".

Tom Lee immediately presented 13 reasons for the end of the bear market, and one of the main reasons he called the return of Bitcoin to $ 8,000. According to the co-founder of Fundstrat Global Advisors, this confirms the bullish trend in the cryptocurrency market.

According to the new index of the analytical web platform Indexica, the current growth rate of Bitcoin is due to its development and maturity as an asset.

Analysts have identified three main factors of the growth rate of Bitcoin: popularity in the network, reducing concerns about fraud, as well as a change in the attitude of people to the first cryptocurrency. At the same time, researchers noted that more and more financial experts and scientists are discussing Bitcoin, and traditional financial institutions are starting to take this asset more seriously.

The Governor of the French Central Bank and member of the Governing Council of the European Central Bank Francois Villeroy de Galhau said that the stablecoins have more potential than Bitcoin.

According to Bloomberg, Francois Villeroy de Galhau, in addition, believes that cryptocurrencies tied to fiat money, will benefit the global financial apparatus. 

According to the BitMEX cryptocurrency exchange study, investment in the ICO industry decreased by 97% compared with the previous year, and reached only $ 40 million in the first quarter of 2019.

According to the study, in the first quarter of 2019, the ICO market volume showed a decline of 97%, compared to the same period of 2018. According to the report, the top 10 ICO projects in terms of capital attracted in 2018 included EOS, Telegram, Dfinity, Bankera, t0, Basis, Orbs PumaPay, Jet8 and Unikoin Gold.