Day: December 27, 2021

Bitcoin Steadies Above $50K, Why Bulls Aim Fresh Monthly High

Bitcoin is holding gains above the $50,000 resistance against the US Dollar. BTC is showing positive signs and there could be more gains above $52,000. Bitcoin settled above the $50,000 resistance zone and dips remained supported. The price is trading well above $50,000 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $50,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is gaining pace and might soon clear the $51,200 resistance zone in…

Former UK Chancellor Lord Hammond Warns About Crypto Investing — Says ‘It’s Gambling Money’ – Featured Bitcoin News

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Former U.K. chancellor of the exchequer Lord Hammond has reportedly warned about investing in cryptocurrencies. He said, “It’s gambling money,” noting that “people should be extremely cautious” and “Many regard them as closer to gaming than serious investing.” Nonetheless, he is currently serving as a senior advisor to a crypto firm. Former British Chancellor of the Exchequer Warns About Investing in Cryptocurrency Former British Chancellor Lord Philip Hammond has reportedly urged investors to be “extremely cautious” about investing in cryptocurrencies, including bitcoin and ether. Lord Hammond was a U.K. cabinet…

Analysts say 2022 will be ‘defined by agility and cost-efficiency’ instead of ‘blockchain purity’

The entire crypto market took great strides toward mass adoption in 2021 and now that the year is nearly complete, analysts are setting their price targets for 2022. Many analysts supported calls for a $100,000 (BTC) price before the end of 2021 and although this seems unlikely, most investors expect the key price level to be tackled before Q2 of 2022. Here’s a look at some of the Bitcoin price predictions analysts are expecting in 2022. Bitcoin is still on track to surpass $100,000 Analysts has been more reticent in…

No Way Home Torrents May Contain Crypto Malware, Cybersecurity Firm Warns – Security Bitcoin News

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Cryptocurrency malware has been found in a torrent download of the new Marvel movie Spider-Man: No Way Home, a cybersecurity firm has warned. “This [crypto] miner adds exclusions to Windows Defender, creates persistence, and spawns a watchdog process to maintain its activity,” the firm explained. Beware When Downloading Spider-Man: No Way Home Movie From a Torrent Website Cybersecurity firm Reasonlabs warned Thursday that cryptocurrency malware has been found in a torrent download of the new Marvel hit movie “Spider-Man: No Way Home.” Reasonlabs, which provides enterprise-grade cyber protection for users…