This week in cryptoworld. – MXC exchange
This week, Donald Trump for the first time was tweeting about Bitcoin, Fed Chairman Jerome Powell expressed “serious concern” about the Libra cryptocurrency and compared Bitcoin with gold, and Forbes told about what taxation awaits Russian miners and cryptocurrency owners.
📈 During a conversation with CNBC analyst Ran Ran Neuner, Binance Changpeng Zhao, general director of cryptobirds, announced that the so-called “altseason” would soon return. The head of the trading platform is confident that Bitcoin has already taken its toll from the market (but its potential is far from exhausted) and now it’s the turn of the old and new altcoins.
📈 Fundstrat Global analyst and co-founder Tom Lee is confident that Bitcoin is simply obliged to show us the taking of new heights. According to the expert, by the end of this year, Bitcoin will not only be able to repeat the jerk two years ago, but also be able to even fly up to $ 40,000.
📈 Charlie Lee believes that reducing the miners’ reward (halving) in August 2019 may adversely affect the cost of LTC at the end of summer.
📈 Andy Xie, who once predicted the Asian financial crisis of 1997, expressed an opinion in an interview with the Korea Times that, despite the growing acceptance of Bitcoin and other cryptocurrencies, these assets will never become a “legitimate currency” because of their volatility. He also added that Bitcoin is “a tool for gambling”.
In his recent tweet, trader Peter Brandt shared a gloomy forecast — if the parabolic movement of Bitcoin is broken, then the coin may experience an 80% correction. This means a collapse of up to $ 4,500.
📈 According to the investor and founder of Morgan Greek, Mark Yusko, before the onset of the new correction phase, Bitcoin should overcome the psychological threshold of $ 30,000. The businessman expressed his forecast on CNBC and stressed that an aggressive jerk of the coin would await us, but then it would roll back .
🔔 Samsung has released six decentralized applications for the blockchain-wallet of the popular smartphone Galaxy S10.
🔔 Following Samsung and HTC, LG Electronics may become the next manufacturer of mobile phones with built-in cryptocurrency wallets. As stated in the publication of the United States Patent and Trademark Office, the company received exclusive rights to the term “ThinQ wallet”.