Category Archives: BTC

Bitcoin Risks Falling to $8K Ahead of June Due to These Technical Factors

Bitcoin was trading in positive territory this Monday after closing its last week in severe losses. The top cryptocurrency surged 0.68 percent to $8,775 in an attempt to restore its short-term bullish bias. The small gains followed a more significant downside correction last week, wherein the price fell 9.9 percent – or by $964 – from its session open of $9,677. At its lowest, bitcoin was changing hands for $8,632. Continue reading Bitcoin Risks Falling to $8K Ahead of June Due to These Technical Factors

Covidlock exploits coronavirus fears with bitcoin ransomware

Opportunistic hackers are increasingly seeking to dupe victims using websites or applications purporting to provide information or services pertaining to coronavirus. Cybersecurity threat researchers, DomainTools, have identified that the website coronavirusapp.site facilitates the installation of a new ransomware called “CovidLock.” Continue reading Covidlock exploits coronavirus fears with bitcoin ransomware

Bitmex insurance fund tags ath binance and deribit inject millions

The March 13 crypto market meltdown ravaged cryptocurrency companies across the industry, sparking a MakerDAO debt crisis and causing millions to be deployed from the insurance funds of exchanges Binance and Deribit. Continue reading Bitmex insurance fund tags ath binance and deribit inject millions