Cryptocurrency Market Review 24.04.2018

Dan Bilzerian says it's time to get back into crypto. Dan Bilzerian, popular social media celebrity and professional poker player, has urged his fans to invest in cryptocurrency. Bilzerian has publicly announced that he has a diversified portfolio of cryptocurrencies, including Bitcoin, Ethereum, Monero and Bitcoin Cash.

MyEtherWallet DNS server hijacked, $150,000 lost. Web-based Ethereum (ETH/USD) wallet service MyEthereWallet (MEW) has been hacked. Posting on Reddit, a user said hackers gained access to his account and like everyone else caught up in the hack, he had all of his funds drained. MyEtherWallet admins detected the DNS hijacking event and attempted to warn users via Twitter.

One in five finance firms considering trading crypto. One in five financial companies admit they considerentering cryptocurrencies trading by the end of next year, an industry poll by Thomson Reuters has revealed. Around 70% of them could hit the market within the next six months. The survey was conducted among 400 clients of Thomson Reuters Corp in the finance industry, including large asset managers, hedge funds and trading desks at the biggest banks.

Ethereum takes flight, crosses $700. Ethereum has surged over 10% Tuesday as the entire cryptocurrency market is is in the bull race again. The second largest cryptocurrency has gained 10,80% over the past 24 hours and is trading above $700 at press time. Ethereum has done a great job in terms of recovery with its price as low as $302 in mid-April to reaching more than double of its bottom value.

The news about Bitcoin bouncing back above $9,000 was one a hot topic on Reddit.

For the full list of ongoing and expected ICOs click here.

By Siranush Ghazanchyan