Bitcoin’s powerful 2020 rally may have taken a short pause, but the cryptocurrency holding strong above the one-month Ichimoku cloud could be a sign that more upside is coming soon. However, a comparison to the last Bitcoin market cycle shows that the cloud could rain on bulls’ parade any day now, causing the last correction…
DetailsDistributed Denial of Service is known for damaging enterprises for over $2.3 million and negatively affecting the reputation of companies that had to recover from these cyberattacks. Read more about DDoS attacks and their role in mining for Bitcoin using botnets. What is a Distributed Denial of Service Attack? Distributed Denial of Service (DDoS for short) is the type of malicious cyberattack that…
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Staking on the Cardano network got underway on July 29th with the Shelley mainnet launch. Almost a month on from that date, IOHK CEO Charles Hoskinson took to Periscope seeking community feedback on the first-ever staking reward payout, which happened yesterday. “I just wanted to make sure everyone got what they expected, the staking calculator…
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In a week that will see the world central bankers convening a virtual conference on the future of the economy, Bitcoin is rising. The benchmark cryptocurrency kicked off Monday with modest gains against the US dollar. It was up by $150, or 1.3 percent, to trade near $11,800 ahead of the New York opening bell.…
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The prediction market is getting a facelift through the power of technology by PlotX. The platform was conceived by former Nexus Mutual and GovBlocks developers, and is akin to Ethereum-based Uniswap, except for prediction markets. Built on the Ethereum network, PlotX allows users to interact over predictions that span anywhere from one hour, one day,…
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ATOM, the native token of interoperable blockchain Cosmos, was on a roller coaster ride in the last 24 hours. The 17th-largest cryptocurrency by market capitalization surged by almost 35 percent in the said timeframe as it established a record high at $8.67. The ATOM/USD exchange rate grew more influential on traders’ increasing appetite for decentralized…
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XRP has been diligently following Bitcoin over the past few days, retracing as the leading cryptocurrency has. The asset trades up 1% in the past 24 hours, trading at the $0.285 level. While the asset remains below the $0.30 psychological and technical resistance, a technical analyst says that XRP remains bullish. He notes that the…
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Ethereum is holding a crucial support zone near the $380 level against the US Dollar. ETH price seems to be basing for the next move and it might surge above $400 in the near term. Ethereum is currently consolidating above the $380 and $385 support levels. The price is likely to face hurdles near $395,…
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Ripple started a steady recovery above the $0.2800 level against the US Dollar. XRP price is likely to continue higher towards the $0.2950 and $0.3000 resistance levels. Ripple remained stable above $0.2720 and recovered above $0.2800 against the US dollar. The price is currently trading above the $0.2840 level and the 100 hourly SMA. There…
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Bitcoin has been surging higher over recent weeks and months. The cryptocurrency has done so well, in fact, that it is actually the best-performing macro asset of the year — unless you count Ethereum as one. BTC’s rally this year has caught the attention of many on Wall Street. Paul Tudor Jones, the billionaire hedge…
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