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Bitcoin is Facing “Serious” Bearish Divergences as Analysts Eye Downside

Source Node: https://bitcoinist.com/bitcoin-is-facing-serious-bearish-divergences-as-analysts-eye-downside/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-is-facing-serious-bearish-divergences-as-analysts-eye-downside
Time Stamp: August 7, 2020 2:00 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The strong momentum Bitcoin has incurred in recent weeks is now showing some signs of stalling as it struggles to break above $12,000 This signals that the resistance at this level may be insurmountable, and may also be a sign of weakness amongst bulls Analysts are now noting that it has led to a surge in bearish divergences that seem to suggest a retrace is imminent BTC now has multiple key support levels throughout the mid-$11,000 region, but its macro support that bulls must defend it at $10,500 Bitcoin has

Dogecoin (DOGE) is now being used by crypto hackers after TikTok boom

Source Node: https://cryptoslate.com/dogecoin-doge-is-now-being-used-by-crypto-hackers-after-tiktok-boom/
Time Stamp: August 1, 2020 5:00 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Dogecoin’s usecases have seemingly evolved over time. The meme coin was initially created as a joke in 2014, turned into one of the hottest cryptocurrencies in 2015, became Elon Musk’s favorite in 2018, and was part of a TikTok challenge in 2020.But things have taken a darker turn for the currency; hackers are now utilizing the token to control crypto mining botnets, security firm Intezer Labs said in a report this week.Such DOGE, much hackIntezer Labs, a New York-based malware analysis and detection firm, found out hackers using the infamous