The Five Most Malicious Ransomwares Demanding Crypto to Watch Out For

As interconnectivity turns the world into a global village, cyberattacks are expectedly on the rise. According to reports, the tail end of last year saw a spike in the average amount of payments made to ransomware attackers, as several organizations were forced to pay millions of dollars to have their files released by malware attackers. Apart from the fact that the current pandemic has left many individuals and corporations vulnerable to attacks, the notion that cryptocurrencies are an anonymous and untraceable payment method has led many ransomware attackers to demand…

The Most Malicious Ransomwares Demanding Crypto to Watch Out For

As interconnectivity turns the world into a global village, cyberattacks are expectedly on the rise. According to reports, the tail end of last year saw a spike in the average amount of payments made to ransomware attackers, as several organizations were forced to pay millions of dollars to have their files released by malware attackers. Apart from the fact that the current pandemic has left many individuals and corporations vulnerable to attacks, the notion that cryptocurrencies are an anonymous and untraceable payment method has led many ransomware attackers to demand…

5 Things to Watch for Bitcoin This Week

Bitcoin (BTC) began a new week less than $500 away from $10,000, but sudden volatility remains — what should you look out for in the coming days? Cointelegraph presents a weekly roundup of the major factors set to influence BTC/USD price action this week.  Stocks rise but suspicions remain Macro markets look set to continue an optimistic uptrend despite the chaos encircling the United States.  The S&P 500 was solid pre-trading on Monday, buoyed by the curious combination of the U.S. economy reopening but mass protests continuing throughout the country. …

Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, LINK, ADA, ETC

If Bitcoin can break above the overhead resistance, a few altcoins are likely to pick up momentum and provide short-term trading opportunities. When the price of an asset does not reverse direction from a critical resistance, it indicates that some traders are holding onto their positions in anticipation of a breakout. For the past month, Bitcoin (BTC) has been repeatedly revisiting the $10,000 levels and even though the bulls have not been able to sustain above this level, they have not given up much ground either. This suggests that traders…

A Ice-Cold “Storm” Is About to Hit Ethereum Buyers: Two Factors to Watch

Bitcoin’s rally over the past month has been impressive. But even more so is that of Ethereum. The second-largest cryptocurrency is up more than 13% in the past 30 days, according to data from Coin360.com. Over that same time frame, Bitcoin dipped by 4%, while some altcoins like XRP and BSV plunged by nearly 10%. ETH’s ability to outperform the rest of the cryptocurrency market has confirmed to some analysts that more upside is in the works. One analyst recently wrote in reference to the asset’s ability to hold above…

Ethereum Reaches a Pivotal Level as Analyst Watch for a Massive Decline

Ethereum and the aggregated crypto market bore witness to immense volatility this morning that was sparked by Bitcoin’s capitulatory decline from the $10,000 region. This decline caused major altcoins like ETH to post massive losses, with many underperforming Bitcoin as they continue struggling to garner any notable momentum against their BTC trading pairs. It now appears that this decline has led Ethereum down to a pivotal level. Its reaction here could influence where it trends in the days and weeks ahead. Buyers have defended the key support level that was…

US Turmoil and Negative Interest Rates – Billionaire Michael Novogratz Says ‘Watch Gold and Bitcoin’

For the first time since October 2019, Federal Reserve Chair Jerome Powell admitted to leveraging quantitative easing (QE) tactics. Powell explained on Friday, the central bank is now comfortable with leveraging QE on a regular basis. Furthermore, the Fed is planning on utilizing negative interest rates in the near future, according to a number of economists and analysts. The economic turmoil in the U.S., and abroad is causing a number of well known investors like Michael Novogratz to focus on bitcoin and gold. Fed is ‘Comfortable’ With Regularly Invoking QE…

US Turmoil and Negative Interest Rates – Billionaire Michael Novogratz Says ‘Watch Gold and Bitcoin’

For the first time since October 2019, Federal Reserve Chair Jerome Powell admitted to leveraging quantitative easing (QE) tactics. Powell explained on Friday, the central bank is now comfortable with leveraging QE on a regular basis. Furthermore, the Fed is planning on utilizing negative interest rates in the near future, according to a number of economists and analysts. The economic turmoil in the U.S., and abroad is causing a number of well known investors like Michael Novogratz to focus on bitcoin and gold. Fed is ‘Comfortable’ With Regularly Invoking QE…

Top 5 Cryptocurrencies to Watch This Week: BTC, BNB, XLM, XMR, TRX

The altcoin market capitalization has steadily risen over the past few days, suggesting that the short-term price action has shifted away from Bitcoin. Although the Bitcoin (BTC) halving generated a lot of interest proceeding the event, it has failed to kickstart a trending move after completion of the event. This suggests in hindsight that the event was priced in.  However, the top-ranked cryptocurrency on CoinMarketCap has not given up much ground following the event, which suggests that traders who purchased before halving are confident that the path of least resistance…

3 Common Compliance and Regulatory Pitfalls to Watch for in 2020

Regulations are not going anywhere. On the contrary, financial service providers face more regulatory challenges and higher costs than ever before. During the early days of cryptocurrencies, a “Wild West” culture emerged when regulators, uncertain on how to tackle this thing called blockchain, paid little attention to the thefts, scams and hacks plaguing the virtual-asset market. Today, this is no longer the case. No matter their roots, every virtual asset project from Telegram to Shapeshift to Libra is ramping up compliance while regulators continue to issue guidance, enforce regulations and…