Cryptocurrency Analysis and News Portal
In early June, media outlets reported that the NetWalker ransomware gang had attacked Michigan State University, or MSU. At the time, the gang threatened to leak students’ records and financial documents. The university’s officials now have said that they will not pay the ransom.According to Detroit Free Press, the unspecified
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The price of Bitcoin (BTC) is still struggling to break out above $10,000 following three failed attempts over a 36-day period. Traders remain mixed on the short-term price trend of BTC as macro indicators suggest varying trends.Many traders believe the price of Bitcoin is primed for a rally above the
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According to the latest data from market analysis company Skew, total open interest in Bitcoin (BTC) options passed $1.5 billion on June 9. This comes barely a month after open interest crossed $1 billion for the first time, marking a 50% increase in just 33 days.50% rise in a month
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It has been found out that the behavior of Bitcoin now is quite similar to what happened in 2013. If the situation repeats, BTC price may reach new highs just in a few weeks.A similar situation to what happened in 2013, when Bitcoin price hit its maximum of that period
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Bitcoin’s rally over the past month has been impressive. But even more so is that of Ethereum.The second-largest cryptocurrency is up more than 13% in the past 30 days, according to data from Coin360.com. Over that same time frame, Bitcoin dipped by 4%, while some altcoins like XRP and BSV
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[sociallocker id="55298"] The recent volatility in the Bitcoin (BTC) markets has left both bulls and bears facing significant liquidations, with almost $223 million in 24-hour margin calls on leading derivatives exchange BitMEX being evenly spread between BTC shorts and longs.As of when this story was published, a little over $111.5
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Bitcoin is correcting lower after testing $10,000 as its local top.But a confluence of technical and fundamental catalysts could flip the cryptocurrency’s direction towards $11,000.They include a Symmetrical Triangle formation, the Sino-U.S. geopolitical conflict, and the Federal Reserve’s unlimited fiscal support.Bitcoin is correcting lower in the final week of May
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Pending home sales fell 21.8% in April and 33.8% annually, recording their biggest plunge ever. This may be as bad as it gets for the U.S. housing market. One economist has already upgraded his full-year forecasts for residential real estate prices and sales. Housing market bulls braced for a
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Fundstrat’s Tom Lee thinks the S&P 500 will hit all-time highs by year-end. Massive stimulus and a sharp rebound in corporate earnings are driving stock prices higher. There is no better alternative to stocks, as bonds have meager yields. While many investors believe the stock market will crash soon,
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Currently, Bitcoin isn’t “hard money.” Its supply is not fixed, and will not be for a very long time. The famous 21 million limit won’t be reached for over a century if it is ever reached at all. eToro analyst Simon Peters believes that Bitcoin price has all chances to
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