Cryptocurrency Analysis and News Portal
Russia’s central bank digital currency, or CBDC, could contain a number of risks related to cybersecurity and fraud, according to several local financial institutions.The Association of Russian Banks, or ARB, has released its official feedback on Russia’s digital ruble project on Jan. 13. The study included 17 ABR credit institutions in Russia
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Cyber security researchers have discovered a year-long malware operation that has targeted cryptocurrency users with the creation of a number of fake apps.Security firm Intezer Labs warned that ever increasing crypto prices have created heightened activity among hackers and malicious actors seeking financial gains. The malware has been disseminated over
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Ned Davis, who has operated his namesake Wall Street research firm since 1980, believes a Nasdaq bubble is forming. Based on the rough correlation between Bitcoin (BTC) and stocks in recent months, it could negatively affect the crypto market.Since March 2020, Bitcoin and the S&P 500 saw an uncanny correlation. There
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Wall Street analysts have expressed their fears on the fast rise of Tesla (TSLA) stock but the company’s growth strategy may help sustain the growth.The massive run of Tesla Inc (NASDAQ: TSLA) stock is beginning to confound Wall Street analysts who fear the shares have no framework to sustain its
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Ethereum is currently consolidating above the $210 level against the US Dollar. ETH price is still struggling to clear the $215 and $216 resistance levels.Ethereum is facing an uphill task near the $215 and $216 resistance levels.A strong support is forming above $208 and the 100 hourly simple moving average.There
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Ripple is following a bullish path above the $0.2320 support zone against the US Dollar. XRP price is likely to accelerate higher above the $0.2400 and $0.2420 resistance levels.Ripple price is slowly climbing higher above the key $0.2350 level against the US dollar.The price is likely to gain bullish momentum
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The Dow Jones surged nearly 700 points on Monday on hopes of emergency stimulus from G7 central banks to combat the “coronavirus crash.” Despite Wall Street optimism, analysts are concerned about whether a rate cut from the Fed can truly help the economy. ISM manufacturing came in weak, and
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Speaking at the RSA Conference in San Francisco, cybersecurity experts Aaron Turner and Georgia Weidman discussed two-factor authentication and biometrics as means to securing one’s phone. Although they concur that the two-factor authentication is the way to go, there are certain caveats.Authenticator apps like Google Authenticator generally provide better
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Berkshire Hathaway has moved into defensive stocks as stakes in recession-prone companies were cut. Warren Buffett’s heavy exposure to financials is now lower. Charlie Munger recently warned of “lots of troubles” ahead for the economy. Warren Buffett’s most recent stock purchases point to growing concerns that an economic downturn is right ahead. A Feb.
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Bitcoin (BTC) managed to preserve support at $8,000 on Nov. 20, continuing an uneasy sideways pattern since dipping to $7,990 the day before.Cryptocurrency market daily overview. Source: Coin360Bitcoin markets “more bearish than expected”Data from Coin360 showed BTC/USD ranging between just above $8,000 and a 24-hour high of $8,150, with
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