The crypto markets are seeing a slight correction, with Bitcoin (BTC) dropping below $9,000 today, May 1, according to data from Cointelegraph’s price index. The markets followed suit, with all but one of the top 10 coins in the red. Market visualization from Coin360 BTC is currently trading at around $8,995, down just over 2 percent over a 24 hour period to press time. Ethereum (ETH) is slightly down as well, trading at around $664 by press time, down over 3 percent over a 24 hour period. Of the top ten coins on CoinMarketCap, only altcoin Stellar (XLM) is in …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The crypto markets have bottomed out, and analysts are predicting a strong rally from the current levels to the end of the year. While Fundstrat’s Tom Lee believes Bitcoin will trade at $25,000 by end-2018, independent financial consulting company deVere Group has forecast a price target of $2,500 for Ethereum for the same …

Charlie Lee, former director of engineering at Coinbase crypto exchange and the creator of Litecoin (LTC) has expressed his intention to make the altcoin a global decentralized cryptocurrency in an interview with TenX made Friday, April 27. He also claimed that that goal would require him to eventually “step away” from Litecoin as its leader. Having a chat with Charlie Lee (@SatoshiLite ) in a few minutes on $LTC, @tenxwallet , and many other things - join us live: https://t.co/Fe8BJ3NBh3 — Dr. Julian Hosp (@julianhosp) April 27, 2018 In the interview, Lee suggested that Litecoin and Bitcoin (BTC) are “working …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Dan Morehead, CEO of cryptocurrency hedge fund Pantera Capital believes that the total cryptocurrency market capitalization can reach $40 trillion in about a decade. The current market cap is at $421 billion. Morehead reiterated his bullish call on Bitcoin, calling it a ‘screaming buy’ at the current levels. A similar opinion was voiced …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. A survey by Thomson Reuters shows that one in five financial institutions is planning to start cryptocurrency trading within the next 12 months. The survey included large banks, hedge funds and asset managers. This will probably mean a huge flood of fresh money will vie for the limited number of digital cryptocurrencies. Goldman …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Cryptocurrency and the Blockchain technology has been attracting a large number of Wall Street executives to the industry. The latest addition is the former financial regulator, Gary Gensler, who was the Chairman of Commodity Futures Trading Commission from 2009-2014. He will be teaching a course at the Massachusetts Institute of Technology about the …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The Barclay Cryptocurrency Traders Index monitors the returns of the 19 funds that trade in virtual currencies. It has taken a beating this year and is down 43.1 percent year to date. However, funds that are market makers and who trade in arbitrage strategies are having a field day, as some have gained …

The views expressed here are the author’s own and do not necessarily represent the views of Cointelegraph.com. For an economy that emphasizes decentralization, cryptocurrency has ironically relied primarily on centralized platforms of exchange. This is problematic as they often hold funds in giant “honeypot” addresses that attract sophisticated attackers. This has resulted in several cases where exchange funds have been drained. In fact, there were two in the past 3 months alone! Bitgrail reported on Feb.12 that over $170 mln in XRB was stolen from their wallets. Coincheck suffered one of the largest losses ever with over $400 mln in …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. In the stock markets, the introduction of index funds was a popular move. Why? It attracted many new investors because it is easy to invest and it provides better returns than most of the hedge funds. Cryptocurrency trading is like a roller coaster ride that many are unable to digest. However, if they …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Have the cryptocurrencies bottomed out or will they fall again after a short pullback? That is the question troubling most of the market participants currently sitting on the fence. A bottom can be confirmed only in hindsight but the analysts try to call it in advance, using various tools. One such prediction is …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The Reserve Bank of India has banned regulated financial institutions from dealing in cryptocurrencies, citing the risks involved. American billionaire Tim Draper believes that India is making a big mistake by shutting its doors to cryptocurrencies. According to Draper, this will only lead to brain drain as many will be forced to move …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. In 2017, anything related to Blockchain and cryptocurrency was hot property; in 2018, anything linked with blockchain is having a difficult time. Last year, about 170 hedge funds began trading; in 2018 only 20 new funds have started operations so far. Additionally, chances are 10 percent of the existing funds will close operations …