The head of the major cryptocurrency exchange BitMEX Arthur Hayes believes that the "cryptocurrency winter" is over and the course of Bitcoin this year will reach $ 10,000.
Hayes expressed the opinion that the recovery of the cryptocurrency market will start at the beginning of the fourth quarter of this year. However, he believes that the market will be quite difficult to go beyond the already formed side channel.
The famous "patent troll" Craig Wright has already filed 155 applications for patents in the field of blockchain and cryptocurrency.
Australian engineer and entrepreneur Craig Wright, who repeatedly presented himself as Bitcoin's anonymous creator Satoshi Nakamoto, filed 155 patent applications in two years, according to The Next Web (TNW).
It seems that spring has begun in the cryptocurrency industry. Bitcoin trading volumes increased, reaching the level of January last year and the rate of the first cryptocurrency is at around $ 4,000.
In the past five months, Bitcoin trading showed a steady and steady growth, having increased from October 2018 by 150%. According to Kevin Rooke, a cryptocurrency commentator on Twitter, over the past year, daily Bitcoin trading volume has exceeded $ 10 billion a total of 9 times, and 5 of them this month. Most of the remaining cases recorded in February. That is, in recent months we have seen a significant increase in trading volumes.
Tom Lee, co-founder and chief financial analyst at Fundstrat Global Advisors, said in an interview with CNBC that the Bitcoin trend would change to bullish in August of this year.
The cryptocurrency skeptic and author of the book "The Rise of Money" Niall Ferguson admitted that he was wrong when he criticized Bitcoin and blockchain technology, calling them "a complete illusion."
"I was very wrong," Ferguson said. "Wrong to think there was no … use for a form of currency based on blockchain technology."
Cryptoanarchists dream of buying a cup of coffee for Bitcoin is getting closer to realization. Perhaps, by the end of the year, Bitcoins will be able to pay off in the world's largest network of coffee shops Starbucks.
This will be possible thanks to the cooperation with the Bakkt platform, which has not yet been launched, in the creation of which Starbucks takes an active part.
Co-founder of Ethereum Vitalik Buterin said that when creating his project, he planned to solve the problem of the limited functionality of the first cryptocurrency.
Director of Public Relations at BitRefill, John Carvalho, expressed the opinion that ETF for Bitcoin is not necessary.
"I don't think Bitcoin "needs" an ETF. I'm not sure it will be the catalyst for new money that people hope for either. If a person or entity wants exposure to Bitcoin, they already have options. I'm also not a big fan of large central custodial pools of Bitcoin, it's a recipe for disaster," said Carvalho.
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.