Today's big stories include the following-
The Tezos cryptocurrency has finally launched its Betanet after year long Alphanet and prolonged controversy over its funds being kept hold in the Tezos Foundation. As per the website, the "Mainnet" launch will follow with transactions from the Betanet persisting into the Mainnet.
Tezos website: https://tezos.com/betanet/
Due to the downtrend in the overall crypto market prices, the demand for Graphics card mining has failed to grab attraction. As such, Graphics card suppliers will be lowering their prices in July.
While trading cryptocurrencies, liquidity is a very essential feature. If you check the 1597 cryptocurrencies individually in the website https://coinmarketcap.com/, there was so many projects with no significant daily volume, which means very low liquidity & it makes difficult to trade. Also, project development as per their road-map and community growth are two of the most important parameters while researching cryptocurrencies. But very few of us do it. As per an article in Cointelegraph, over 1000 projects are considered "Dead" now.
News source: https://cointelegraph.com/news/techcrunch-over-1000-crypto-projects-are-considered-dead-now
Market cycles tend to repeat themselves. An article in CCN has suggested that there are similarities in the Bitcoin price correction of 2014 and 2018. But there seems to be one "positive" difference. The rate of the price fall is much higher in 2018 than in 2014. So, a faster recovery of the prices can be expected.
News source: https://www.ccn.com/2014-vs-2018-bitcoin-price-correction-this-year-will-likely-be-significantly-shorter/
You can call it "Optimism" or "Speculation" or "Intimate knowledge", whatever you want. In a recent interview, newly turned billionaire, Arthur Hayes, the Co-Founder and CEO of BitMEX, predicts Bitcoin price to reach $50,000 by the end of 2018.
News source: https://www.ccn.com/hayes-a-positive-regulatory-etf-will-push-bitcoin-to-50000-in-2018/