An alleged North Korean supported hacker group, Lazarus, has systematically distributed new viruses to steal cryptocurrencies. Prominent cybersecurity company Kaspersky disclosed in a news report on the 8th of January that Lazarus can now corrupt both Mac and Windows computer systems. Sometime in August 2018, Kaspersky recounted that the hackers were using an altered crypto […]
• A break above the daily channel pattern would confirm a bullish trend. • Bitcoin holds key support at $7400. • Short-term sellers regain control of the market after $8000 break. Bitcoin has continued to remain trapped in a bearish zone, following the January 8 rejection at the descending channel that is forming on the […]
China’s national blockchain network, the Blockchain Service Network, is set to be released sometime in April 2020, approximately 6 months after a beta version was released for testing. The project which is supported by the State Information Center in China strives towards providing a reliable and scalable infrastructure that can support new blockchain innovations, and […]
AUDUSD Price Analysis – January 9 The AUDUSD pair strived to locate its path during the Asian session amid differing releases of macroeconomic data and turned south in anticipation of the American session. At the time of composing, the pair has decreased by 0.06% per day at the level of 0.6851. Key Levels Resistance Levels: […]
USDWTI price Analysis – January 9 WTI jumped to 65.62 level after Iran’s strikes landed on the US military base in Iraq. But WTI speedily cut gains after strikes did not result in American casualties, however risking less further exacerbations. Key Levels Resistance Levels: $ 67.50, $ 66.49, $ 65.00 Support Levels: $ 58.69, 55.41, […]
Key Resistance Levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bullish Today, XRP dropped to a low of $0.2049, and further decline is likely. On January 6, XRP had a price breakout and the price reached a high of $0.22. The bulls could not sustain the upward move as they […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Interestingly, the bulls broke the resistance levels of $7,600 and $7,800. In the previous analysis, we had anticipated that Bitcoin may rise to a high of $9,200 if the overhead resistance was broken. The price action has […]
• Bitcoin’s price rejects at $8400 after a short-term bullish rally. • $7600 support may provide a rebound for Bitcoin if $7800 fails • Bitcoin loses +5.36% following last 24-hours selling The $8400 resistance has rejected short-term buyer but it appeared the bullish trend is still valid on the 4-hours chart as Bitcoin relies on […]
GBPJPY Price Analysis – January 8 GBPJPY drops to 141.12 level during the Asian session on Wednesday. However, during the American session, it recovered to 143.07 level. The pair stays in the background after the latest news showed that Iran fired several rockets at US targets in Baghdad, after which the FX pair recovered due […]
