Cyberthreats related to cryptocurrencies have increased with rising demand for the digital assets, a study has concluded. Russia, Thailand and Peru are the most affected countries by malicious attacks designed to exploit the heightened interest in decentralized money, the authors point out. Booming Crypto Markets Bring Out Cybercriminals Despite the ongoing Covid pandemic still leading …
Continue reading “Crypto Cyberthreats Spike This Year With Russia Hit the Hardest, Report Reveals”
Nigerian Finance Minister Zainab Ahmed has denied widespread reports that the Central Bank of Nigeria (CBN) had sanctioned the devaluation of the local currency sometime in May 2021. Instead, she attributes the naira’s fall to the “volatility in the oil price.” Ahmed’s remarks come just a few weeks after the official naira exchange rate dropped …
Bitcoin’s surge above $40,000 and the breakouts from select altcoins may be signals that the bottoming process has begun. Bitcoin (BTC) has risen above the psychological resistance at $40,000 following a series of positive news flow over the past week. The first bit of bullish news that impacted the price of Bitcoin was a tweet …
Continue reading “Price analysis 6/14: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, LTC, BCH”
Les Bleus players and their sports stats will be tokenized on the blockchain for trading and playing in fantasy games. With the Euro 2020 championship in progress, blockchain-based fantasy soccer game Sorare has announced the licensing agreement for a national sports association to issue nonfungible tokens of its players. In an announcement today, Sorare said …
Continue reading “French Football Federation launches official player NFTs with Sorare”
The Avanti Financial CEO says Bitcoin shouldn’t be leveraged and that regulations for stablecoins are underway. All eyes are on Bitcoin (BTC), with the largest cryptocurrency shooting up past $40,000 on Monday. Unsurprisingly, the price increase happened shortly after Tesla CEO Elon Musk tweeted that the electric-car company would potentially accept BTC payments once more …
Continue reading “‘Bitcoin is not an asset that is designed to be leveraged,’ says Caitlin Long”
After being critical of cryptocurrencies, the Wall Street investment bank officially embraced Bitcoin earlier this year. It’s now expanding its offerings to include Ether. United States investment bank Goldman Sachs is planning to offer Ether (ETH) derivatives products in the coming months, setting the stage for wider adoption of the second-largest cryptocurrency and marking a significant …
Continue reading “Goldman Sachs’ crypto trading desk expands to Ether”
Market Moves Sideways – June 14ETH/USD market moves sideways around the main level of $2,500 to now trade at the market value of $2,490 at a rate of about -0.87 percent. Market Moves Sideways: ETH MarketKey Levels:Resistance levels: $3,000, $3,500, $4,000Support levels: $2,000, $1,800, $1,600 ETH/USD – Daily ChartThe placement of the trading indicators on …
Continue reading “Ethereum Price Prediction: ETH/USD Market Moves Sideways”
Traders who are unsure about Bitcoin’s chance of continuation above $40,000 can use a combination of protective put options to generate profit. Investors tend to define the market as either bullish or bearish, but sometimes the price can remain within a specific range for an extended period. This type of sideways movement is not necessarily …
Continue reading “Here’s how pros safely trade Bitcoin while it range trades near $40K”
Despite recording high weekly outflows, Ether funds have generated $994 million in inflows this year. The total assets held in ETH funds are nearly $11.1 billion. Institutional investment managers continued to sell cryptocurrencies like Bitcoin (BTC) and Ether (ETH) last week, though the magnitude of the outflows have declined substantially from previous weeks, offering early …
Continue reading “Ethereum investment products see largest weekly outflows on record — CoinShares”
“We can now put this launch and Neil Armstrong’s historic achievements on the immutable ledger and memorialize and tokenize it on an NFT that the public can participate in,” said Ethernity Chain CEO Nick Rose. The United States Space Force, a branch of the armed forces created under the previous administration of Donald Trump, is …
Continue reading “Ridiculed no longer? US Space Force will launch NFT line”
Stringent regulatory policies in South Korea could force many small- and medium-sized crypto exchanges out of the country. Authorities in South Korea are continuing to propose and enact measures aimed at maintaining strict oversight over the nation’s crypto exchange market. These come amid a significant uptick in cryptocurrency trading volume, especially for altcoins. In May, …
Continue reading “South Korea’s small crypto exchanges face increasing regulatory heat”
Bitcoin is the official poster-boy for cryptocurrencies, and it has done a lot for the nascent sector. Being the first digital asset, it has singlehandedly lifted virtual currencies into global prominence by leading them to a trillion-dollar market in just twelve years. Little wonder the phrase buy BTC has become popular. But the premier digital …
Continue reading “5 Reasons Bitcoin Price is Headed to $42k And Beyond – Buy BTC Now”
WebDollar caused a stir in the crypto community after surging by a whopping 19,203% in the last 24 hours. The coin gained impressive traction as the investors turned towards WEBD. WEBD is a browser-backed P2P crypto asset that aims to push decentralized cryptocurrency adoption worldwide. The coin was launched back in April 2018. The Twitter …
Continue reading “WebDollar Price Skyrockets 19,203% in 24 hours – Where to Buy WEBD?”
On Sunday, Tesla’s CEO Elon Musk tweeted that when there’s “confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions.” However, there’s a big problem with this goal, as nobody knows exactly how to measure 50% clean energy usage let alone precisely where miners are geographically …
Continue reading “Elon Musk’s ‘50% Clean Energy’ Bitcoin Mining Goal Will Be Complicated To Verify”
The G7 leaders have called on Russia to urgently “identify, disrupt, and hold to account” ransomware hackers and those abusing cryptocurrency to launder ransoms. “We reiterate our interest in stable and predictable relations with Russia, and will continue to engage where there are areas of mutual interest,” the G7 leaders said. G7 Nations Ask Russia …
