Senior economic adviser to insurance giant Allianz, Mohamed El-Erian, said he believes in the spread of cryptocurrencies, but only as part of a broader blockchain ecosystem. El-Erian told on the Consensus Invest event in New York that he sees Bitcoin and cryptocurrency as commodities rather than currencies.
"There were two confusions made," El-Erian said. "People called it a currency or an asset class. What it is, is part of the commodity complex."
Messari, the cryptocurrency version of the EDGAR database maintained by the US Securities and Exchange Commission (SEC), launches an information register for tokens issuing projects in order to collect information that would otherwise be difficult to find.
The registry, announced on Tuesday at a Consensus: Invest event, will collect information in one place that rarely becomes public knowledge, including the structure of tokens, data on coin issues, official communication channels, management of funds raised, and information about project team members.
Former NSA employee Edward Snowden expressed some interesting thoughts about the blockchain in a recent interview.
Anthony Pompliano, told CNN in an interview why he and other entrepreneurs are protecting Bitcoin and remain committed to new technologies even though the market is plummeting.
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.
The head of the American Autodesk Corporation, Andrew Anagnost, spoke at the Autodesk University conference in Las Vegas with the statement that the blockchain technology can help eradicate corruption and increase confidence in the construction industry.
"What is blockchain good at? It's a distributed, trusted ledger that cannot be altered and allows traceability and accountability. A technology like that in an environment like construction where various people involved in the process don't trust each other is going to find some kind of application," said Anagnost.
Financial analyst and co-founder of Fundstrat Global Advisors Tom Lee changed his forecast for the price of Bitcoin by the end of this year, cutting the figure almost twice.
A cryptocurrency credit startup "SALT Lending" and a former member of the board of directors of the company Erik Voorhees are under investigation by a US regulator. It is reported by the publication The Wall Street Journal, citing "sources familiar with the situation."
According to the report, the US Securities and Exchange Commission (SEC) called "SALT Lending" representatives to court in February. The reason for this was the $ 50 million ICO spent by the company at the end of 2017.
At a meeting with the Deputy General Counsel of the International Monetary Fund Ross Leckow, Ripple CEO Brad Garlinghouse expressed the opinion that universal regulation would spur Bitcoin and blockchain adoption. The meeting was held as part of the Fintech Festival in Singapore.
"Regulatory clarity has a huge ability to drive digital asset and blockchain adoption. It is surprising how many markets still have uncertainty," said Garlinghouse.Enter heading here...
The eccentric cryptocurrency enthusiast and creator of one of the first antivirus companies, John McAfee, once again confirmed his opinion about Bitcoin for a million dollars by 2020. Moreover, according to him, this is a very conservative forecast.
Despite the significant market downturn and Bitcoin prices, McAfee remains calm and optimistic about his prediction.
