TA: Bitcoin Turns Vulnerable, Why BTC Could Soon Test $30K

TA: Bitcoin Turns Vulnerable, Why BTC Could Soon Test $30K

Bitcoin price extended its decline below $31,500 before recovering higher against the US Dollar. BTC is likely to face resistance near $32,200 and it might continue to move down. Bitcoin remains in a bearish zone and it recently traded towards the $31,000 level. The price is now trading well below $33,000 and the 100 hourly […]


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Researcher Has Bitcoin Stolen off His Back in a Public Experiment

How vulnerable is bitcoin to physical theft? It's a question many bitcoiners don't ask a lot since it's hard to imagine how someone could steal a non-physical currency. But if account information is physically visible, cryptocurrency theft is a real possibility, according to a recent test by Tal Newhart, a Chicago-based business strategy and recruitment specialist who has been involved with bitcoin since 2011, according to PRNewswire. Newhart decided to test what would happen if bitcoin account information was left out in the open physically after one of his clients, the CEO of a financial....

TA: Bitcoin Turns Vulnerable, Why BTC Could Nosedive Below $32K

Bitcoin price is slowly moving lower and it is trading well below $33,500 against the US Dollar. BTC remains at a risk of a larger decline if it breaks the $32,000 support zone. Bitcoin is struggling to recover and it is trading well below $33,500 and $33,000. The price is now trading near $32,200, but […]

TA: Ethereum Turns Vulnerable, Why $600 Could Prevent Fresh Increase

Ethereum faced an increase in selling and it declined sharply to $550 against the US Dollar. ETH price is correcting higher, but upsides are likely to remain capped near $595 and $600. Ethereum declined sharply below the $600, $595 and $580 support levels. The price is now recovering from $550, but it is below the […]

Goldman Sachs Warns Bitcoin Increasingly Vulnerable to Fed Rate Hikes as Main...

Global investment bank Goldman Sachs has warned that bitcoin is increasingly vulnerable to the Federal Reserve’s rate hikes as the cryptocurrency grows more widely adopted. “Over the last two years, as bitcoin has seen wider mainstream adoption, its correlation with macro assets has picked up,” the Goldman analysts explained. Goldman Sachs Warns Bitcoin Increasingly Vulnerable to Fed Rate Hikes Global investment bank Goldman Sachs published a research note Thursday detailing bitcoin’s increased vulnerability to the Federal Reserve hiking....

Linux.Lady Trojan Turns Redis Servers to Mining Rigs

The new Trojan, Linux.Lady turns infected Linux servers running Redis NOSQL database into mining devices, reports a Russian cybersecurity firm. Linux machine users beware! There is a new Trojan in town that can turn your devices into cryptocurrency mining rigs without your knowledge. Discovered by the Russian cyber security firm Dr. Web, Linux.Lady (Linux.lady.1) is a Trojan built to target machines running on Linux operating system. The malicious software written in Go programming language is found to specifically affect servers running Redis NoSQL database. Once infected, Linux.Lady....