Inflation concerns and a general sense of trepidation about the future of the global economy continue to put a damper on Bitcoin (BTC) and altcoin prices, and currently, the Crypto Fear & Greed Index is solidly in the “fear” zone where it has been parked since the beginning of December.  Crypto Fear & Greed Index. Source: Alternative Despite the brief bump in prices seen across the markets following the recent Federal Open Market Committee meeting where Fed Chair Jerome Powell indicated… Source link

Litecoin (CRYPTO: LTC) shares are trading slightly lower Thursday as the cryptocurrency market is seeing a relatively flat day. Litecoin looks to have fallen below a key support level and could be beginning a downtrend if unable to cross back above the support level. Litecoin was down 1.80% at $151.28 Thursday afternoon at publication. See Related: Why The Dogecoin, Litecoin Downturn Could Slam This Penny Stock Crypto Miner Litecoin Daily Chart Analysis The crypto looked to… Source link

Some threat actors exploiting the Apache Log4j vulnerability have switched from LDAP callback URLs to RMI or even used both in a single request for maximum chances of success. This shift is a notable development in the ongoing attack and one that defenders need to be aware of when trying to secure all potential vectors. For now, this trend was observed by threat actors looking to hijack resources for Monero mining, but others could adopt it at any time. From LDAP to RMI Most attacks… Source link

Price momentum is starting to turn positive on the daily chart for the first time since October, which preceded a price recovery. This time, however, the uptrend is slowing on the weekly chart, which means upside could be limited beyond $55,000 to $60,000. Source link

Over the past 24 hours, Monero’s (CRYPTO: XMR) price has risen 5.66% to $194.34. This continues its positive trend over the past week where it has experienced a 3.0% gain, moving from $189.61 to its current price. As it stands right now, the coin’s all-time high is $542.33. The chart below compares the price movement and volatility for Monero over the past 24 hours (left) to its price movement over the past week (right). The gray bands are bollinger bands, measuring the… Source link

Text size Dreamstime.com Bitcoin was ahead 2% to $48,200 on Thursday, while … Source link

The Federal Reserve’s surprisingly hawkish policy turn has had a surprise beneficiary: Cryptocurrencies. Digital coins extended gains on Thursday after the Fed stepped up its taper, and laid the foundation for a tightening cycle that could bring as many as three rate hikes in 2022. Normally, cryptocurrency benefits from loose monetary policy and its inflationary side-effects; but at least for now, investors are taking the longer view. Bitcoin (BTC-USD), barely a week removed from an ugly… Source link

The past two days have marked a decent bullish recovery attempt as Bitcoin endeavors to re-enter the $50,000 zone. Dogecoin, as usual, did not fail to flash its high volatility after a staggering surge on 14 December. The near-term technicals for Bitcoin, Dogecoin and Monero, hinted at decreasing selling pressure.  Bitcoin (BTC) TradingView, BTC/USD After striking its ATH on 10 November, BTC consistently fell in a down-channel (yellow). As the fear sentiment kicked in, the largest crypto… Source link

Bitcoin and Ethereum are the most valuable cryptocurrencies by a wide margin, collectively worth $1.4 trillion. That means they account for 62% of the entire cryptocurrency market, and that popularity hasn’t escaped the notice of institutional investors. In fact, Bitcoin and Ethereum are the most popular digital assets traded by cryptocurrency hedge funds according to a recent study from PricewaterhouseCoopers. Both assets still look like worthwhile… Source link

While Avalanche defied the broader market tendencies by noting soaring gains, Litecoin and NEM refrained from stepping down from the bearish bandwagon. The latter two cryptos formed reversal patterns on their 4-hour chart while flashing mixed near-term signals.  Avalanche (AVAX) Source: TradingView, AVAX/USDT AVAX persistently slackened after striking its ATH on 21 November. As a result, the price action saw an up-channel breakdown and formed a bearish flag. This fall also invalidated its… Source link