Monthly Archives: December 2020

Bitcoin Flirts With $19,000 As Institutional Interest Grows

Bitcoin prices neared $19,000 today, after climbing from roughly $17,600 yesterday. (Photo by … [+] Nicolas Economou/NurPhoto via Getty Images) NurPhoto via Getty Images Bitcoin prices approached $19,000 today, moving closer to hitting a fresh, all-time high at a time when institutional investors are increasingly taking an interest in the space. The world’s largest digital currency by market value reached as much as $18,956.34 around 5:45 p.m. EST,… Source link

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Another Billionaire Wall Street Legend Has Changed His Tune On Bitcoin

Bitcoin’s reputation as digital gold has surged this year, helped by the contrast created through huge central bank money printing intended to offset the economic damage of the coronavirus pandemic. The bitcoin price, currently bouncing around $18,000 per bitcoin, has climbed back to its late-2017 all-time highs—up more the double from January. Now, after warning last month that bitcoin could soon be “outlawed,” Ray Dalio, the legendary billionaire founder and co-chairman of the world’s… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – December 12th, 2020

Ethereum Ethereum fell by a further 2.65% on Friday. Following on from a 2.61% decline on Thursday, Ethereum ended the day at $544.23. It was a mixed start to the day. Ethereum rose to an early morning intraday high $560.62 before hitting reverse. Falling short of the first major resistance level at $573.35, Ethereum slid to a mid-morning intraday low $535.50. The reversal saw Ethereum fall through the first major support level at $545.56 before a brief recovery to $550 levels. A bearish end to… Source link

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Ukrainian politician declares 180,000 XMR

Key facts: The young man first bought XMR in 2015, interested in the anonymity of the cryptocurrency. Rostislav made this statement in compliance with a national anti-corruption measure. Rostislav Solod, the youngest lawmaker from the city of Kramatorsk, Ukraine, recently reported that he owns several million dollars in Monero. These cryptocurrencies are part of Solod’s belongings, which he had to declare according to a new national anti-corruption law for public… Source link

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Bitcoin Is The Move – Bitcoin Magazine

Why A Bitcoin Investment Is A Massively Underrated Opportunity In Today’s Macro Landscape Preface We live in interesting times. With the advances in technology and the proliferation of the internet  —  software is eating the world. Coming out of the Great Recession  —  the world had seen massive economic growth in what was close to an 11-year bull run largely dominated by U.S. tech equities. We live in interesting times. With the advances in technology and the proliferation… Source link

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Market Wrap: Bitcoin Holding at $18K; Active Ethereum Addresses up 140% in 2020

Bitcoin is struggling to make gains as an expected low-volume weekend could push price further down. Meanwhile, the increasing number of active Ethereum addresses this year is a testament to the network’s growth. Bitcoin (BTC) trading around $18,019 as of 21:00 UTC (4 p.m. ET). Slipping 2% over the previous 24 hours. Bitcoin’s 24-hour range: $17,593-$18,404 (CoinDesk 20) BTC slightly above its 10-hour moving average but below the 50-hour on the hourly chart, a sideways signal for market… Source link

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Market Wrap: Bitcoin Holding at $18K; Active Ethereum Addresses up 140% in 2020

Bitcoin is struggling to make gains as an expected low-volume weekend could push price further down. Meanwhile, the increasing number of active Ethereum addresses this year is a testament to the network’s growth. Bitcoin (BTC) trading around $18,019 as of 21:00 UTC (4 p.m. ET). Slipping 2% over the previous 24 hours. Bitcoin’s 24-hour range: $17,593-$18,404 (CoinDesk 20) BTC slightly above its 10-hour moving average but below the 50-hour on the hourly chart, a sideways signal for market… Source link

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Ethereum long-term Price Analysis: 11 December

Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice The cryptocurrency market’s rally has been halted in its tracks, and most altcoins along with Bitcoin have been registering a significant drop in prices lately. Ethereum, the world’s second-largest cryptocurrency, has also been seeing its price drop along the price scale. At press time, the digital asset was being traded at $544 as it approached the support… Source link

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PGMiner, Innovative Monero-Mining Botnet, Surprises Researchers – Threatpost

The malware takes aim at PostgreSQL database servers with never-before-seen techniques. An innovative Linux-based cryptocurrency mining botnet has been uncovered, which exploits a disputed PostgreSQL remote code-execution (RCE) vulnerability to compromise database servers. The malware is unusual and completely novel in a host of ways, researchers said. According to researchers at Palo… Source link

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