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Is Bitcoin Trading Inside a Massive Reverse Head and Shoulders Pattern?

On March 7, the Bitcoin price initiated a rapid downward move that continued until the price found support at $7,700 two days later. Looking at the long-term chart since July 2019, this area could serve to create the right shoulder of a long-term inverse head and shoulders (H&S) pattern. Bitcoin (BTC) Price Highlights The price…
Crypto News Roundup for March 10, 2020

Bitcoin held steady around the key support area of $7,800 on Tuesday and even went up by $300 to break cleanly above $8,000 for some time. However, bears seem to have rejected the bounce-back as the benchmark cryptocurrency has already retreated to the high-$7,000s where it is currently trading. As for the long-term prospects, some…
Hackers Are Using Malware to Infect Each Other’s Tools: Report

A security researcher at Cybereason recently discovered a new malware campaign in which hacking groups are targeting each other by infecting popular hacking tools. A recently discovered malware campaign has revealed quite an interesting development, suggesting that hackers themselves are becoming the targets of their peers. According to a recent report by Cybereason security researcher…
Bitcoin Analysis for 2020-03-11 [Premium Analysis]

On March 10, the BTC price broke out from its short-term trading range, but could not sustain the higher prices and decreased below the middle of the range shortly after. Bitcoin (BTC) Price Highlights The Bitcoin price has reached an important daily support level. The closest support and resistance areas are found between $7,750-$8,250. The…
Former CIA Software Dev Who Allegedly Leaked Hacking Tools Gets a Mistrial

A U.S. federal judge declared a mistrial in a case involving an ex CIA software engineer who supposedly leaked secret hacking tools to WikiLeaks. This Monday, a U.S. federal judge in a Manhattan court ruled the case against a former CIA software developer a mistrial. The software developer in question, Joshua Schulte, was accused of…
Bitcoin Long-Term Logarithmic Curve May Indicate a Bottom Is Near

In the long-term logarithmic Bitcoin price chart, it is possible to draw a curved trendline that has acted as a support line since 2011. The recent decrease served to validate this line for the tenth time in BTC history. Bitcoin (BTC) Price Highlights The Bitcoin price is following a long-term logarithmic growth curve. It has…
Binance Users in Turkey May Have Been Compromised, Many Receive Phishing SMS Messages

Many Binance users in Turkey are reporting that they are receiving SMS messages with phishing links. How were the hackers able to obtain these phone numbers from Binance? Some are suspecting that a recent issue at Binance is being swept under the rug. Turkish users are reporting that they have been receiving phishing messages via…
2 Possibilities for the End of Bitcoin’s Correction

The Bitcoin price has been decreasing since reaching a high of $10,491 on February 13. The decrease has been rapid and has taken the form of an A-B-C correction, which is nearing its end. Bitcoin (BTC) Price Highlights Bitcoin might have completed an A-B-C correction. The RSI has begun to generate bullish divergence. The price…
Origin of Bitcoin and Ethereum Logos Show Wildly Different Degrees of Decentralization

The cryptocurrency industry makes a pretty big deal out a decentralization. For many, the biggest innovation the blockchain tech-backed networks like Bitcoin and Ethereum makes possible is the complete removal of any central power in various systems. With its lack of company, foundation, and even founder, Bitcoin is clearly the king when it comes to…
This Little Known Altcoin Could Increase by as Much as 85%

The DUSK price has been trading inside a descending wedge for the past 175 days. It reached a low on Jan. 29 and has been increasing ever since. Dusk Network (DUSK) Price Highlights DUSK is trading inside a long-term descending wedge. The RSI has generated significant bullish divergence. The price is trading inside a range…
Blockchain Developer Contracts Coronavirus After Attending Ethereum Conferences

Zhen Yu Yong, the co-founder of Torus Labs, has just confirmed that he has contracted the novel coronavirus. Yong recently attended both the ETHLondon and Ethereum Community Conference. A participant in two recent Ethereum conferences has come down with the coronavirus. It has raised concerns that others who were present at the convention may have…
Outlining LINK’s Future Movement: New All-Time High or Breakdown?

The LINK price has twice reached a high near $4.9, on Feb. 19 and March 4. Both times, it failed to break out above it and a decrease with a similar magnitude followed. Chainlink (LINK) Price Highlights The price is trading inside an ascending channel. The RSI has generated considerable bearish divergence. LINK is following…
Hackers Could Steal Your Crypto Keys Due to an Unpatchable Intel Flaw

This Tuesday, security researchers revealed the existence of a new flaw that could allow cybercriminals and hackers to steal sensitive digital secrets from Intel’s SGX. Intel’s SGX (Software Guard eXtension) acts as a digital vault for the users’ private information, and it appears that this newly-discovered flaw is unfixable. A New Wave of Exploits and…
Cryptocurrency News Roundup For March 11, 2020

After camping around the support area at $7,800 for the past few days, Bitcoin has resumed its retreat and is currently trading at $7,600 at the time of publishing. As if the current woes of the market weren’t bad enough, Binance users in Turkey are suspecting that the exchange may have been somehow compromised. These,…
Cryptocurrency News Roundup For March 11, 2020

After camping around the support area at $7,800 for the past few days, Bitcoin has resumed its retreat and is currently trading at $7,600 at the time of publishing. As if the current woes of the market weren’t bad enough, Binance users in Turkey are suspecting that the exchange may have been somehow compromised. These,…
Walmart Gets Hit by Coronavirus in Kentucky, Launches ‘Emergency Leave Policy’

Walmart is the latest company in corporate America to be hit with coronavirus. The retail giant has launched an emergency leave program for employees after a worker in its Cynthiana, Ky. location was struck by the disease. While both the public and private sectors are reportedly crafting proactive emergency plans in response to the coronavirus…
Bitcoin Analysis for 2020-03-12 [Premium Analysis]

On March 9, the BTC price reached a major support area at $7,700, initiating a short-term bounce. While the price stayed above this level for three days, it decreased sharply on March 12, creating a bearish engulfing candlestick and breaking down below this area. Bitcoin (BTC) Price Highlights The Bitcoin price has decreased below an…
Bitcoin Analysis for 2020-03-12 [Premium Analysis]

On March 9, the BTC price reached a major support area at $7,700, initiating a short-term bounce. While the price stayed above this level for three days, it decreased sharply on March 12, creating a bearish engulfing candlestick and breaking down below this area. Bitcoin (BTC) Price Highlights The Bitcoin price has decreased below an…
Fed Pumps Financial Markets With More than Bitcoin’s Entire Market Cap

Earlier this week, the Federal Reserve pumped another $168 billion into the financial system. That’s more than the entire market capitalization of Bitcoin. The week started with what’s become known as “Black Monday.” Stocks plummeted amid coronavirus fears and fresh news of an oil price war. If it had continued, it would have been on…
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