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. Christmas has brought some cheer to the crypto traders. The total crypto market capitalization has spiked by about 29 percent from just under $101 billion on Dec. 15 to $143 billion on Christmas Eve. Though it is still way below its all-time-high, the growth over the past few days is showing signs of …

Cryptocurrencies as an asset class are maturing and carving out their own niche. While the equity markets had their worst week in the past 10 years, the crypto markets have bounced sharply from their lows, showing first signs of a recovery. However, after the massive destruction of wealth this whole year, it will take more than a bounce to confirm the start of a new uptrend. Though these bounces are a good opportunity for short-term traders, the investors need to look for large bottoming formations which signal the beginning of an uptrend. After the initial bounce, the traders will look …

Friday, Dec. 21 — crypto markets have broken their five-day streak of green, with many of the major crypto assets seeing mild corrections at press time, as data from Coin360 shows. Market visualization by Coin360 Largest cryptocurrency Bitcoin (BTC) is only just below the $4,000 mark, which it reclaimed yesterday, Dec. 20, capping a five-day streak of solid growth. At $3,971 at press time, and down around 2 percent on the day, the coin is trading around $800 higher than its intraweek low at $3,185 on Dec. 14. Bitcoin’s recent uptick has sealed an almost 16 percent gain on 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. Making correct predictions is a difficult skill, even more so when it comes to cryptocurrencies. Many analysts were caught on the wrong foot with their overly bullish projections for 2018. One of the most popular analysts, co-founder of Fundstrat Global Advisors, Tom Lee, has said that in a note to clients he “will …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Mark Dow, a former International Monetary Fund (IMF) economist who had bet short on Bitcoin in December of last year, has tweeted that he has covered his positions. However, Dow also mentioned that he has not opened a long position and has no interest in doing so. Another prominent trader, Mike Novogratz, an ex-Goldman …