Sunday, June 3: over the past 7 days, the total capitalization of crypto markets has increased by as much as $25 bln, with all of the top ten cryptocurrencies listed on Coinmarketcap (CMC) currently in the green. Market visualization from Coin360 Bitcoin (BTC) is slightly up today, currently trading at $7,704, having gained about 1 percent in 24 hours to press time and around 6 percent over the week. However, the cryptocurrency is still down 17 percent over the last month. Bitcoin price chart. Source: Cointelegraph Bitcoin Price Index Ethereum (ETH) has gained around 5 percent over the 24-hour period, …

Blockchain software developer Block.one has released version 1.0 of their open-source blockchain protocol, EOSIO, according to an official blog post published today, June 2. The software is a platform designed for building applications at both the enterprise and “community-driven” levels. According to the company’s post, Block.one does not guarantee that the EOSIO software will perform “as intended” or “will be free of errors, bugs or faulty code,” claiming that developers implement EOSIO at they own risk. In addition to the new software release, Block.one also announced today that they had partnered with blockchain investment firm SVK Crypto to launch a …

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 market capitalization of the crypto world has increased by about $25 billion since May 29. The Italian political crisis and the probable escalation of a trade war have attracted investors back into cryptocurrencies. Dan Morehead, founder of Pantera Capital Management believes that Bitcoin has made a bottom for the year. He proposes …

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 prominent economist, author of “When Markets Collide,” and “The Only Game in Town” Mohamed El-Erian thinks cryptocurrency is the future and that it will be government-backed. We believe that most top digital currencies will survive this bear market and the traders should view the current fall as a buying opportunity instead of …

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. St. Louis Fed president James Bullard said that Bitcoin could emerge as a possible competitor to the US dollar in the future. He also did not rule out the prospects of the FED launching its own cryptocurrency, though he said that there was no plan at the moment. Japan’s Mitsubishi UFJ Financial Group …

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. After listing Bitcoin futures in December of last year, CME launched two indexes tracking Ethereum on Monday. Though the company has denied plans of adding another new product, speculation is rife that Ethereum futures may be added in the future. Ethereum futures will offer the institutional players an opportunity to diversify their trading …

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. Unlike 2017, the rallies in most major cryptocurrencies this year has been subdued. We believe that they are forming a bottom, which can take anywhere from a few weeks to a few months. During this process, the price will remain volatile as the bulls, and the bears battle it out to establish their …

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 cryptocurrency market capitalization has dipped following the criticism from the legendary investors Warren Buffett and Charlie Munger. This time, even the founder of Microsoft, Bill Gates opined that he would short Bitcoin if he could. Contrary to his opinion, Microsoft continues to be supportive towards blockchain and cryptocurrency. While these statements might …

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 question whether the American regulators classify Ethereum as a security or not is taking center stage because it might have serious ramifications on the crypto world. Though it is not a decision that will be made in a hurry, still, the news will be keenly watched because of its possible widespread impact. …

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. Oki Matsumoto, CEO of Japanese online broker Monex Group, believes that the cryptocurrency markets will take off similar to the derivatives market. If his prediction proves to be correct, the digital currency markets can assume a significant proportion of the total global trading volume. This shows that there is a huge opportunity for …

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 …

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 …