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Bitcoin Price Below $10K But Trend Stays Bullish, Says Veteran Trader

Even with further losses, Bitcoin is technically performing much better than in its 2015-17 bull phase, says Peter Brandt. Bitcoin (BTC) price dropped below $10,000 Aug. 15 as another day of losses sent the largest cryptocurrency back to four figures. Market visualization. Source: Coin360 Analysts shake off bearish Bitcoin signalsData from Coin360 tracked Bitcoin’s decline through Thursday, which followed a previous day’s downward momentum. In total over the past 48 hours, BTC/USD has fallen around 15%. At press time, support at $9,500 appeared intact, with markets bouncing off those levels to trade around $9,800. Bitcoin 7-day price chart. Source: Coin360 Bitcoin price had shown signs of a fresh retraction following its latest move above $12,000 on the back of geopolitical uncertainty focused on the United States and China. As those tensions lessened, so Bitcoin began reversing its gains. For the time being, as Cointelegraph reported, analysts remain confident. Adding to those v..

Bitcoin’s Bullish Trend Weakest Since February, According To Price Indicator, What...

Bitcoin Price Analysis – According to Chaikin Money Flow (CMF) indicator, Bitcoin’s bullish movement has been at its weakest level for up to five months. A current three-day chart for CMF’s study of trend strength and trend change determination using trading volumes and prices showed 0.02. Though a positive CMF shows bullish bias, the current reading is the lowest since February 20. This reading shows that the market is least bullish for the world’s leading crypto asset. Bitcoin Price Prediction- Bitcoin to Recover Fully by the End of the Year Despite the weak bullish run, crypto experts predict that institutional interest may push Bitcoin price back to $20,000, its all-time highs. The increased interest of institutions in the digital asset is expected to facilitate the price increase by the end of the year. Also, there are predictions that Bitcoin may hit above $20,000 next year However, Bitcoin dipped below $10,000 again on July 26. The cryptocurrency recorded daily losses totaling ..

Why VeChain Will Launch New Thor Upgrade Amid The Bearish Trend...

VeChain News Today – On July 22, the Thor upgrade v1.1.2 upgrade rolled out by VeChain (VET) will become active on the mainnet. The introduction of new opcodes of ETH_CONST is a major feature of the new upgrade. Significant changes in this upgrade include fork configuration for custom network and the introduction of a virtual machine for gas paid through extension built-in contract. This upgrade also has an improvised consistency of the important database and an extended transaction model which will support VIP-191. Users of the blockchain are requested to upgrade their nodes without delay. VeChain News Today – VeChain Thor Price Prediction – VeChain Latest Update – VeChain Continues to Forge Ahead VeChain’s platform has become a leading enterprise-level blockchain worldwide. Singapore-based company’s partnerships with significant brands such as Louis Vuitton and Walmart have aided its expansion. The blockchain has improved the delivery system by allowing users to verify the authentic..

Ex-PBoC Governor: China Must Take Precautions Against Libra Trend

The former People’s Bank of China governor says “China should take precautions” against the trend represented by Facebook's Libra cryptocurrency. The former governor of the People’s Bank of China (PBoC) says “China should take precautions” against the trend represented by Facebook's Libra cryptocurrency. Twitter-based Chinese crypto news source CnLedger reported on Xiaochuan Zhou’s remarks on July 9. Zhou notably served as PBoC governor between 2013 and 2018, a period which saw Beijing pursue its notorious onslaught of anti-crypto regulations — including the historic blanket criminalization of initial coin offerings (ICOs) and exchange crackdown. CnLedger reports that Zhou characterized Libra as representative of the global trend in cryptocurrencies — singling out its stablecoin-like properties and ambitions to tackle the pain point of cross-border remittances in emerging economies. Equally representative, per Zhou, is the fact that the token will still face challenges such..

Trend Micro: Outlaw Hacking Group’s Botnet Is Now Spreading a Monero...

Trend Micro claims to have detected a web address spreading a botnet featuring a monero mining component alongside a backdoor. Cybersecurity company Trend Micro claims to have detected a web address spreading a botnet featuring a monero (XMR) mining component alongside a backdoor. The malware was described on Trend Micro’s official blog on June 13. Per the report, the firm attributes the malware to Outlaw Hacking Group, as the techniques employed are almost the same used in its previous operations. The software in question also holds Distributed Denial of Service (DDoS) capabilities, “allowing the cybercriminals to monetize their botnet through cryptocurrency mining and by offering DDoS-for-hire services.” Trend Micro also believes that the creators of the malware in question are still testing and developing it, since it contained some scripts that were included, but not executed. The firm’s telemetry also reportedly detected infection attempts in China. As Cointelegraph reported earl..

Trend Micro: Cybercriminals Use Obfuscation Trick to Install Crypto Mining Malware

Cybersecurity firm Trend Micro has confirmed that attackers have been exploiting a vulnerability in the Oracle WebLogic server to install XMR mining malware. Cybersecurity firm Trend Micro has confirmed that attackers have been exploiting a vulnerability in the Oracle WebLogic server to install monero (XMR) mining malware, while using certificate files as an obfuscation trick. The news was revealed in a Trend Micro blog post published on June 10. As previously reported, forms of stealth crypto mining are also referred to with the industry term cryptojacking — the practice of installing malware that uses a computer’s processing power to mine for cryptocurrencies without the owner’s consent or knowledge. According to Trend Micro’s post, a security patch for theOracle WebLogic vulnerability (“CVE-2019-2725”) — reportedly caused by a deserialization error — was released in the national vulnerability database earlier this spring. However, Trend Micro cites reports that emerged on the SANS ..

Dogecoin Will Hit $0.0060 In The Next Cryptocurrency Bull Run, Sideways...

Dogecoin News Update – Dogecoin is one cryptocurrency that has remained resilient irrespective of the fact that it doesn’t have a strong foundation. The cryptocurrency, which is nicknamed the meme coin, came into existence as part of a developers practical joke. Shortly after Dogecoin was created, members of the cryptocurrency community started anticipating its death. They said that since Dogecoin has limited use cases, it would eventually be wiped out of existence. Years have passed and Dogecoin is still standing tall. In our previous Dogecoin news, we talked about the fact that the price of Dogecoin is going to reach higher highs irrespective of the short-term trend. In our Dogecoin news update, we are going to consider the latest Dogecoin price prediction 2019 which places the price of the token above $0.0060. Dogecoin Price Prediction 2019: Dogecoin News Update – Dogecoin News Today – How High Will Dogecoin Go? So far, Dogecoin has become one of the most popular cryptocurrencies i..

Trend Micro Detects Major Uptick in New Strain of XMR Malware...

Cybersecurity firm Trend Micro has detected a major uptick in monero cryptojacking malware targeting China-based systems this spring. Cybersecurity firm Trend Micro has detected a major uptick in monero (XMR) cryptojacking malware targeting China-based systems this spring. The news was revealed in an official Trend Micro announcement on June 5. As previously reported, cryptojacking is an industry term for stealth crypto mining attacks that work by installing malware that uses a computer’s processing power to mine for cryptocurrencies without the owner’s consent or knowledge. The XMR-focused malware — which wields malicious PowerShell scripts for illicit mining activities on Microsoft-based systems — reportedly surged against Chinese targets in mid-May. Hitting a peak on May 22, the wave of cryptojacking attacks has since ostensibly steadied, according to Trend Micro. China accounted for 92% of the firm’s detections of the new strain. In an analysis of the attacks, the cybersecurity fi..

Trend Micro: BlackSquid Malware Infects Servers to Install Monero Cryptojacking Software

A malware dubbed BlackSquid infects web servers by employing eight different security exploits and installs mining software. Cybersecurity firm Trend Micro announced that it found a malware dubbed BlackSquid that infects web servers employing eight different security exploits and installs mining software. The findings were announced in a blog post published on June 3. Per the report, the malware targets web servers, network drives and removable drives using eight different exploit and brute force attacks. More precisely, the software in question employs “EternalBlue; DoublePulsar; the exploits for CVE-2014-6287, CVE-2017-12615, and CVE-2017-8464; and three ThinkPHP exploits for multiple versions.” While the sample acquired by Trend Micro installs the XMRig monero (XMR) Central Processing Unit-based mining software, BlackSquid could also deliver other payloads in the future. According to Trend Micro data, most of the instances of the malware in question have been detected in Thailand a..

Stellar Starts Trading In A Sideways Trend After Falling Lower Against...

For a while now, the price of Stellar has been losing grounds against the USD and against the price of Bitcoin. Even if the altcoin market isn’t currently at its best, Stellar Lumens and XRP are on the list of the top 5 biggest losers. In our Stellar Lumens news yesterday, we talked about how the price of XLM was losing more ground against the USD and gave some possible reasons for the price crash. Today, Stellar XLM price has found itself in a sideways trend. How long would it take for a breakout to occur? When a breakout occurs, would it be from the lower or upper part of the trendline? Will the current price of Stellar affect the XLM price prediction 2019? Stellar Lumens News Today Stellar Lumens Price Prediction – XLM Price Prediction – Stellar Is Stuck In A Sideways Trend According to the Stellar Lumens news on Ambcrypto.com, the Stellar Lumens price struggle is still ongoing. While the bearish price action for Stellar Lumens XLM is discouraging, it is not surprising as we had pr..
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