Equity markets closed on an all-time high of 3,389.78 on Wednesday, surpassing the record of 3,386 set on February 29th. Despite this, doubts remain about the global economy, with the Federal Reserve’s meeting minutes highlighting concerns on the pandemic’s continued impact. Meanwhile, the FTSE All-Share and STOXX Europe 600 also suffered a dip. It was…
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Pressure is building in the crypto market, with Bitcoin lingering below $12K as positive network metrics point towards further upside. Along with Bitcoin, large-cap altcoins including Ethereum and XRP have finished the week in much the same place they started. This stagnation could be attributed to a rebound in the dollar, which found support last…
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Ripple is following a bullish path from the $0.2780 pivot zone against the US Dollar. XRP price is currently trading above $0.2850 and facing crucial hurdles near $0.2950. Ripple is trading in a positive zone above the $0.2850 support zone against the US dollar. The price must stay above $0.2850 and the 100 hourly SMA…
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Thus far, 2020 has been the year of the altcoin, not Bitcoin. Which altcoin is the year’s biggest star may be arguable, but its quite clear that the alternative digital currencies have beat out the first-ever cryptocurrency by a wide margin. And although altcoins have vastly outperformed Bitcoin so far this year, one pseudonymous crypto…
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XRP has been moving in close tandem with Bitcoin and Ethereum in recent times, struggling to garner any independent momentum. This correlation exposed it to downside last week, before throwing it into a bout of prolonged consolidation. The cryptocurrency’s price is now hovering around $0.29, which is around where it has been trading throughout the…
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Chainlink has seen mixed price action in recent weeks. Although its market structure remains firmly bullish over a mid-term and macro time frame, it has been expressing significant short-term bearishness that has not gone unnoticed. Multiple analysts have noted that it could soon see a significant near-term decline that causes it to shed even more…
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Analysts are widely growing bullish on Bitcoin’s mid-term outlook as the cryptocurrency continues consolidating within the upper-$11,000 region. After a bout of slight weakness last week, BTC is beginning to express signs of strength as buyers push its price up towards $12,000. Until it is able to firmly surmount this level and gain a strong…
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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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