Altcoins have started to move in the right direction as the market has built up on the recent bullish momentum. Litecoin has been one of the surprise inclusion which was facilitated growth from an on-chain perspective. While it may look great on paper, there are few more things that needs to incorporated and understood before estimating a Litecoin rally. Active Addresses and Hodling Act? According to Santiment, most altcoins were at a state of decline when it came to their daily on-chain… Source link

News of the cryptocurrency market’s death may have been greatly exaggerated, with Bitcoin and Ethereum climbing again from their brutal correction from only a few weeks ago. Bitcoin is up 12% in the last 24 hours, and Ethereum climbed around 10% in the same timeframe. Since most cryptocurrencies are still pegged to Bitcoin’s value, this means a rebound across most of the market. With today’s gains, orver the past week Bitcoin is up around 25%, while Ethereum has bested it with a 27% increase… Source link

Names like bitcoin (BTC-USD), dogecoin (DOGE-USD), ethereum (ETH-USD), and litecoin (LITE-USD) are entrenching themselves in the financial and cultural lexicon.  But most people are not ready to take the cryptocurrency plunge, a new poll suggests. A YouGov survey of 1,715 U.S. adults, conducted exclusively for Yahoo, found that 89% of respondents had heard of bitcoin and a clear majority (57%) of those who were aware would not invest in any cryptocurrency. (The poll, conducted July 13-15,… Source link

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The price of Ether (ETH) jumped to a three-week high on Monday, triggered by similar gains in the Bitcoin (BTC) market that appeared in the wake of rumors about Amazon’s foray into the cryptocurrency sector. A job posting from the retail giant showed that it is seeking an executive to build its “digital currency and blockchain strategy.” Meanwhile, global media reports have been speculating, based on inside sources that Amazon would start accepting Bitcoin as payments. As a result, the… Source link

As of 4:45 a.m. ET on Monday, bitcoin, ethereum and dogecoin had soared 10%, 7.3% and 11%, respectively, over the past 24 hours, according to data from CoinDesk. Bitcoin climbed to a six-week high of nearly $38,133, while ethereum reached $2,330. Dogecoin was last trading at about 20 cents per coin, giving it a $28.8 billion market cap. The surge came as major tech giants have signaled — or appeared to signal — their support for digital currencies through last week. For one, speculation… Source link

Attackers are abusing an attack vector present in one of the most popular execution engines (Argo Workflows) to repurpose Kubernetes systems to mine cryptocurrencies. The attack exploits a vulnerability in the system of permissions of Argo Workflows machines connected to the internet, deploying malicious workflows that install Monero-based containers. Attackers Leveraging Argo Workflows for Crypto Mining A group of attackers discovered a new attack vector… Source link

Bitcoin’s quick rebound above the psychologically important $30,000 mark last week has emboldened bulls, who pushed prices through key resistance of $36,500 on Monday. This move has confirmed a classic double-bottom pattern, which points to a potential rally to $44,000 where the pattern’s objective and Bitcoin’s 200-day moving average are converging. Recent price action indicates that near-term resistance may lie in the $41,000 to $42,000 area. Follow @crypto Twitter for the latest news. Source link

The surge came on the heels of positive comments from Elon Musk as well as on news of potential use by Amazon, Twitter. Cryptocurrencies popped to the top of recent ranges as short-sellers bailed out in the wake of a strong week and traders hoped a handful of positive comments from influential investors might signal a turnaround in fragile sentiment. Bitcoin rose Monday as far as 12.5 percent to hit $39,850 – its highest since mid-June – during the Asia session, while ether hit a… Source link

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