New Monero-Mining Malware Targets Android Devices, Tho… | News

Researchers from Chinese Cybersecurity company 360Netlab has discovered a new Android-based cryptocurrency mining malware that infects vulnerable Android devices to mine cryptocurrency, as reported in a blog post from the firm on Feb. 6.  As 360Netlab reports, the ADB.Miner worm scans can affect any kind of Android device, including smartphones, tablets, and television sets. The malware infects the device to mine Monero (XMR) coins and sends all acquired funds to a single wallet.  According to 360Netlab’s blog post, the cryptocurrency mining worm ADB.Miner has been actively infecting devices since Feb.…

Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Lite… | News

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. After the clampdown in China and South Korea to cryptocurrency trading, there were fears that the US will also follow suit. However, the testimony of Jay Clayton, chairman of the Securities and Exchange Commission (SEC) and Christopher Giancarlo, chairman of the Commodity Futures…

Forbes Publishes ‘First-Ever’ Richest People In Crypto… | News

Forbes, known for its “World’s Billionaires List”, published a list of the richest people in cryptocurrency for the first time, Tuesday Feb. 6. The goal of publishing such a list, according to Forbes Editor Randall Lane, is to “[provide] a snapshot of a pivotal moment, part of the transparency needed to pull crypto away from its provenance as the favorite currency of drug dealers and into the adolescence of a legitimate asset class.” While compiling a list of the world’s traditional billionaires is a relatively straightforward task, calculating the exact…

Crypto Experts Predict 2018 Bull Run: Bitcoin To $50k,… | News

Following a volatile few days in the crypto markets this week, with Bitcoin (BTC) dipping below $7000 for the first time since November, several crypto experts have predicted an overall bull run. Experts told CNBC today, Feb. 7, that the total market cap of all cryptocurrencies could reach $1 trillion and that BTC itself could hit $50,000 by the end of this year. Jamie Burke, CEO at Outlier Ventures, Europe’s first Blockchain-based incubator, told CNBC that the predicted bull run will be followed by a general settling down of the…

Should You Buy Ethereum Now?

From being digital money acknowledged by very few, cryptocurrency has turned into a lucrative investment opportunity now. For investors who are in search of expanding their portfolios, cryptocurrencies such as Bitcoin, Ethereum, and other altcoins offer a great option.  Ethereum, which is valued at around $1000 in 2018, is among the cryptocurrencies that are considered as a good investment. While there is a widespread belief that the cryptocurrency bubble is about to burst, is it wise to buy Ethereum now? Let us consider the pros and cons of investing in…

SEC Chair’s Written Testimony Hints at Moderation for Cryptocurrencies, but ICOs Be Warned

The written testimony from Jay Clayton, chairman of the United States Securities and Exchange Commission (SEC), was released on February 5, 2018. It comes ahead of the chairman’s oral testimony before the U.S. Senate Committee on Banking, Housing and Urban Affairs on February 6, 2018, on the matter of “Virtual Currencies: The Oversight Role of the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission.” Usually the written testimony closely mirrors the language we can expect in the oral testimony today. Going through the written testimony, there…

Australian Banks Will not ban Credit Card-based Bitcoin Purchases

Various banks all over the world are banning Bitcoin purchases. This mainly applies to the United States, for some reason. It is possible other countries will take a similar approach in the coming months, for all we know. It seems Australia has no such plans to do anything according to these lines. In fact, the main Australian banks confirm Bitcoin-related credit card purchases will remain possible. It’s a bit of positive news which is direly needed. Australia is an important region for Bitcoin and other cryptocurrencies. The local government even…

Bitcoin Bulls Find Respite Along Major Support Lines

Over the last week, bitcoin has seen an aggressive markdown from the $12,000s to the $6,000s — a 50% move in 7 days. Right now, a battle between the bulls and the bears is under way as the market is trying to decide if today’s rally is a temporary bottom or a decisive end to the aggressive bitcoin bear market: Figure 1: BTC-USD, 1-Day Candles, Macro Trend To date, the market has broken number lines of support including the daily 200 EMA. The daily 200 EMA has been a strong…