China Stocks Boom Bullish for Bitcoin? 5 Things to Watch This Week

Bitcoin (BTC) begins a new week testing increasingly weak $9,000 support, but what factors could make or break price performance? Cointelegraph Markets takes a look at the main things traders should focus on in Bitcoin for the coming five days.  Stocks recover led by China  Stock market futures showed a mixed but overall stronger mood going into Monday. Data, notably last week’s better-than-expected United States employment figures, helped to buoy the mood. Stocks continue to rise, with Chinese stocks booming, despite the rapidly increasing spread of coronavirus. China’s FTSE A50…

The Five Most Malicious Ransomwares Demanding Crypto to Watch Out For

As interconnectivity turns the world into a global village, cyberattacks are expectedly on the rise. According to reports, the tail end of last year saw a spike in the average amount of payments made to ransomware attackers, as several organizations were forced to pay millions of dollars to have their files released by malware attackers. Apart from the fact that the current pandemic has left many individuals and corporations vulnerable to attacks, the notion that cryptocurrencies are an anonymous and untraceable payment method has led many ransomware attackers to demand…

Calm Before The Storm? 5 Bitcoin Price Factors to Watch This Week

Bitcoin (BTC) begins a new week trading in a familiar corridor below $10,000 — will it stay there or is volatility actually incoming? Cointelegraph Markets’ weekly newsletter gives you five factors influencing Bitcoin’s price performance in the coming days. Stocks recover from coronavirus worries The start of this week marks a clear contrast from last Monday. Concerns over coronavirus have faded and with it stock market volatility.  Overall conditions on stocks futures remain uncertain, yet more stable compared to seven days ago.  With that, Bitcoin managed to avoid sudden moves…

Ethereum Eyeing Last Line of Defense: Here Are Key Supports To Watch

Ethereum is declining steadily below the $235 resistance zone against the US Dollar. It seems like ETH could decline heavily if it breaks the $225 support zone in the near term. Ethereum is trading in a bearish zone below $232 and the 100 hourly simple moving average. The price is slowly declining towards the key $225 support zone. Yesterday’s followed major declining channel is still active with resistance near $232 on the hourly chart of ETH/USD (data feed via Kraken). The pair could decline sharply if it fails to stay…

5 Things to Watch in Bitcoin This Week

Bitcoin (BTC) is feeling the pressure as a new week’s trading begins — but what will drive market sentiment in the coming days? Cointelegraph’s newsletter gives you five factors influencing the Bitcoin price for the week ahead. Stocks dive on COVID-19 second wave fears Stock market futures are taking a battering prior to the opening bell. The likely culprit is coronavirus once again — a new cluster of infections in China has raised fears of a second wave already beginning.  Dow Jones futures lost 800 points, or 3.2%, on the…