Everyone is so worried about inflation as of late that we’re starting to resort to the old ways of keeping cash stuck between a mattress, only this time, it’s not cash that has been the object of everyone’s affection. Rather, everyone is looking to stock up on bitcoin and gold as much as they can.Gold and Bitcoin Are Getting AheadRichard Hodges of London says that he’s been preparing for moments like these for many years. He bought his first physical bar of gold in the year 2009 and has been...
Read More »EOS Price Analysis: Signs of More Downsides Below $3.0
EOS price started a fresh decline from well above the $3.500 resistance against the US Dollar.The price declined below the $3.200 support and settled below the 55 simple moving average (4-hours).There is a crucial bearish trend line forming with resistance near $3.200 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could continue to move down below $3.000 as long as it is below $3.200.EOS price is declining and trading below key supports against the US Dollar,...
Read More »Litecoin (LTC) Price Analysis: Key Inflection and Barrier At $60
Litecoin price is currently trading in a bearish zone below the $64.00 and $60.00 levels against the US Dollar.LTC price is facing a major hurdle near $60.00 and the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $60.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair must break the $60.00 and $61.00 resistance levels to move into a positive zone.Litecoin price is currently following a bearish path against the US...
Read More »Lazarus Is Back, and It’s Looking to Steal Crypto Through LinkedIn
The Lazarus Group – a cryptocurrency hacking organization allegedly based in North Korea – is once again searching for digital funds it has no right to, and this time, it’s utilizing social media and job hunting platform LinkedIn to get the job done.Lazarus Is Stealing Crypto Through LinkedIn AdsAmong the latest victims to fall into Lazarus’ hands is F-Secure, a cryptocurrency organization. Thus far, about 14 separate businesses have been compromised in both the United States and the UK....
Read More »Michael O’Leary: I Will Never Invest in Bitcoin
At the time of writing, bitcoin – the world’s number one digital currency by market cap – is worth roughly $11,300. However, according to some – such as Michael O’Leary of Ryanair fame – the price of the asset should be a big, fat zero.Michael O’Leary Isn’t Crazy About BitcoinAs we have seen time and time again, BTC doesn’t have the ability to entice everyone. While many see it as a revolutionary tool that can potentially give many unbanked people access to financial tools that they otherwise...
Read More »Bitcoin Wallet Downloads Have Reached a New Peak
Bitcoin has stumbled again. At the time of writing, the world’s largest digital currency by market cap has fallen into the low $11,300 range, marking a $400 drop from where it stood just 24 hours ago.Bitcoin Wallets Are Consistently Getting DownloadedAnd yet according to recent wallet data, the asset may still be in the early stages of a bull market. According to some of the world’s biggest digital wallets – including Coinbase, Blockchain wallet, Crypto.com and BRD – the number of downloads...
Read More »Bitcoin Price Analysis: BTC Turns Red, Risk of More Downsides
Bitcoin price declined heavily below the $11,800 and $11,500 support levels.The price traded as low as $11,101 and it is now well below the 55 SMA (H4).There is a key bearish trend line forming with resistance near $11,600 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair remains at a risk of more downsides as long as it is below the $11,500 level.Bitcoin price is currently trading in a bearish zone below $11,500 against the US Dollar. BTC could extend its losses...
Read More »When Will Bitcoin Strike the $12,000 Mark Again?
Today, bitcoin is trading for roughly $11,700. This is slightly above where it was just 24 hours ago, but the big question that’s likely on the mind of virtually every crypto trader out there is, “When is $12K going to show up again?”Is Bitcoin Planning to Move Up Anytime Soon?Not too long ago, the world’s number one cryptocurrency by market cap rose all the way to $12,400 in what was easily the biggest spike the asset had seen in well over a year. However, the surge didn’t last long, which...
Read More »Ransomware Funds Are Moving In and Out of Binance
Crypto fraud, sadly, is running rampant throughout the digital space, and according to a new report, popular crypto exchange Binance – arguably the biggest cryptocurrency trading platform by daily volume – has seemingly been associated with a common form of ransomware known as Ryuk.Binance Is a Central Hub for Ryuk EnforcersRyuk has been around since 2018. Per data from the FBI, the ransomware may be responsible for a minimum of $61 million in theft since it first emerged roughly two years...
Read More »Bitcoiner Brock Pierce Chooses Akon to Run His Presidential Campaign
Not long ago, bitcoin entrepreneur and former child actor Brock Pierce announced that he was looking to take on the White House and potentially run for President of the United States. He now has a famous campaign manager in Akon, who recently announced his own plans for a bitcoin city in Africa.Brock Pierce and Akon Work Together to Take the White HouseThis year’s presidential election is turning into one of the strangest events in recent years. It seems like most celebrities are of the mind...
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