Stocks Crash Can Stop $11.3K Bitcoin Price ‘In Its Tracks’ — Report

Bitcoin (BTC) is showing all the signs of further price gains but macro markets could still bring the bull run to an end, says Glassnode.

In its latest weekly update, The Week On-Chain, the analytics firm sounded the alarm about an external force “halting this bull run in its tracks.”

Glassnode: This may . . . → Read More: Stocks Crash Can Stop $11.3K Bitcoin Price ‘In Its Tracks’ — Report

McAfee Says NetWalker Ransomware Generated $25M Over 4 Months

Cybersecurity firm McAfee released a study showing the activities of NetWalker, a ransomware first known as Mailto that was initially discovered in August 2019.

According to the report, the operators of NetWalker have collected over $25 million from ransom payments since March 2020.

From March 1 to July 27, the group . . . → Read More: McAfee Says NetWalker Ransomware Generated $25M Over 4 Months

Judge Orders Trial in France for Alleged BTC Launderer Alexander Vinnik

Also awaiting charges in the United States and Russia, suspected Bitcoin money launderer Alexander Vinnik could be facing a trial in France first.

According to news agency Agence France-Presse (AFP), a Paris judge has ordered the Russian national to stand trial for extortion, money laundering, criminal association, and fraudulently accessing and . . . → Read More: Judge Orders Trial in France for Alleged BTC Launderer Alexander Vinnik

Four-Year Anniversary of Bitfinex Hack, and $12M of Stolen BTC Moved

Someone with access to the 119,756 Bitcoin stolen from crypto exchange Bitfinex in 2016 moved $12 million to unknown wallets in the last six days.

According to a series of tweets posted by Whale Alert on August 3, wallet addresses known to be associated with one of the largest breaches ever . . . → Read More: Four-Year Anniversary of Bitfinex Hack, and $12M of Stolen BTC Moved

The Ethereum Foundation Is Building a Dedicated Eth 2.0 Security Team

The Ethereum Foundation will be building a dedicated security team for Ethereum 2.0 to study any potential cybersecurity and crypto-economic issues in the next generation of the Ethereum network.

Justin Drake, an Eth 2.0 researcher at the foundation, announced the start of the recruitment process on his Twitter feed.

The foundation . . . → Read More: The Ethereum Foundation Is Building a Dedicated Eth 2.0 Security Team

Price Analysis 8/3: BTC, ETH, XRP, BCH, BSV, LTC, ADA, CRO, BNB, LINK

August 2 the total crypto market capitalization dropped from about $359 billion to $310 billion within a few minutes of Bitcoin (BTC) price surging above the $12K mark. 

A fall of such magnitude usually drives away the bulls or at least keeps them at bay until the market stabilizes, but that is not . . . → Read More: Price Analysis 8/3: BTC, ETH, XRP, BCH, BSV, LTC, ADA, CRO, BNB, LINK

Best Weekly Close Since $20K? 5 BTC Price Factors to Watch This Week

Bitcoin (BTC) begins a new week at over $11,000 after a wild weekend saw the market crash $1,200 in minutes — will the chaos continue?

Cointelegraph gives you five factors that could easily impact Bitcoin price action over the coming days. 

Bitcoin futures gaps keep building

More than usual, this week looks set . . . → Read More: Best Weekly Close Since $20K? 5 BTC Price Factors to Watch This Week

Goldman Sachs: Gold Will Hit $2,300 by 2022. What About Bitcoin?

Major investment banking company Goldman Sachs says the price of gold will rise 20% to reach $2,300 before the end of 2022.

The commodity hit new record highs on July 31 at more than $2,000 per ounce, but Goldman believes it still has a long way to go. According to a . . . → Read More: Goldman Sachs: Gold Will Hit $2,300 by 2022. What About Bitcoin?

Garmin Coming Back Online After Hack — Was $10M Crypto Ransom Paid?

Multinational tech company Garmin may have paid some or all of a $10 million crypto ransom to hackers who managed to encrypt the firm’s internal network and take down several of its services on July 23.

According to an August 1 report from Lawrence Abrams at Bleeping Computer, Garmin’s IT department used . . . → Read More: Garmin Coming Back Online After Hack — Was $10M Crypto Ransom Paid?

A General Strategy on How to Select a Crypto Fund, Part 1

Digital assets, as a new asset class, exhibit interesting characteristics that could benefit a diversified portfolio of traditional assets. There are, however, many ways to get exposed to digital assets — passive investment, actively managed, short or long term investing, etc. — and with over 800 funds of all sizes, ranging from passive . . . → Read More: A General Strategy on How to Select a Crypto Fund, Part 1