Cryptocurrency Analysis and News Portal
Gold continues to be the safe haven for global investors when it comes to parking their money in secure assets. Bitcoin, on the other hand, has failed to win the trust of big investors at this stage.Economists from around the globe are hinting towards growing concerns of the US recession
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Bitcoin price is currently declining after it failed to surpass the $8,400 resistance against the US Dollar.The price is trading near the $8,000 support level, with a minor bearish angle.There is a key declining channel forming with resistance near the $8,260 level on the hourly chart of the BTC/USD pair
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The total crypto market cap is struggling to break the key $220.0B resistance area.Bitcoin price is now trading well below the $8,400 and $8,500 resistance levels.Binance coin (BNB) price is slowly declining and it could test the $15.20 support area.Litecoin (LTC) price is somehow holding the key $55.00 support area.BCH
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Ripple price struggled to break the $0.2550 resistance and declined recently against the US dollar.The price is trading below $0.2500 and it seems like it could slowly decline towards $0.2400.There was a break below a connecting bullish trend line with support near $0.2475 on the hourly chart of the XRP/USD
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ETH price is currently under pressure and is trading below the $175 level against the US Dollar.The price is trading above the $170 support area, but it is struggling to climb higher.There is a major contracting triangle forming with support near $170 on the hourly chart of ETH/USD (data feed
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Verisart, a company that certifies art authenticity through blockchain technology, has raised $2.5 million to further expand its commercial art platform.Verify and track provenance of artIn an Oct. 3 article by Techcrunch, it was announced that Verisart raised $2.5 million in seed financing led by Galaxy Digital EOS Fund,
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Oneiro, a blockchain solution company, secured a $5 million investment from Cosimo Ventures.Total investment of $8 millionIn an Oct. 3 press release, Boston-based provider of high-performance blockchain solutions Oneiro announced that it had secured a $5 million investment from Cosimo Ventures in a Series A funding round.Cosimo Ventures is
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The police of Pune, a city in the western Indian state of Maharashtra, have sought a court's directive to transfer 85 million Rupees seized from a Bitcoin (BTC) ponzi scheme last year.$1.2 million frozen In an Oct. 3 article by the Times of India, Pune cyber police explained that the
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Major Slovakia-based antivirus software provider ESET has discovered a banking trojan that can steal cryptocurrencies and is especially widespread in Latin America.Primary targetsKnown as “Casbaneiro” or “Metamorfo,” the newly found malware family targets banks and cryptocurrency services located in Brazil and Mexico, ESET’s editorial arm WeLiveSecurity reports Oct. 3.According
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Leading technology manufacturer for United States law enforcement Axon Enterprise Inc. is exploring new data tracking technologies, including blockchain, for its body cameras.Verifying police footageThe impetus behind Axon’s interest in emerging technologies is public and government concerns about “deepfake” videos, Reuters reported on Oct. 3. Deepfake videos are produced
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