Bitcoin Price Slides Further Toward $6,600 As Experts Say There Is An Impending Bitcoin Bull Run In 2018 (Benzinga)
Bitcoin price tumbled below the pivotal $7,000; short-term support found at $6,600. Experts in the cryptocurrency space are convinced that top digital assets will have a strong comeback in 2018. The selling pressure is still looming in the cryptocurrency market where a majority of the digital assets are showing red as the weekend nears. Bitcoin price tumbled below the pivotal $7,000 level during the trading session yesterday. BTC/USD found a support at $6,600; however, the price has been capped below $6,900.
Bitcoin price THREAT: Cryptocurrency LEADING World Markets but Making THIS Worrying Signal (Express.co.uk)
BITCOIN price fluctuation has a deep connection to the moves of financial markets according to Doubleline Capital CEO Jeff Gundlach who claimed the cryptocurrency is now leading global markets. The CEO claimed there is a connection between bitcoin and global markets, saying the cryptocurrency is now paving the trends for the international stock markets. Speaking to CNBC, Mr Gundlach said: “What’s interesting is that bitcoin very clearly leads risk assets. “Let’s talk about the SNP500: bitcoin started tanking in the middle of December and the SNP500 started tanking after January 26.
Ripple, Litecoin And Bitcoin Cash Added To ADS Securities’ Trading Platform (BlockTribune.com)
Abu Dhabi-based financial services firm ADS Securities has added three cryptocurrency derivative products to its proprietary OREX platform. Users can now trade Ripple, Litecoin and Bitcoin Cash, alongside the already installed bitcoin and ethereum. ADS Securities offers commodity trading (precious metals such as gold, platinum, silver, and palladium), foreign exchange, and multi-asset investment services. It provides foreign investment markets analysis on CNBC, Bloomberg, and CNBC Arabiya. It is one of the biggest foreign-exchange traders in the UAE and serves central banks, asset managers, brokerage firms, and hedge funds.
Cryptojacking Enjoys Boom, New Symantec Report Shows (CryptoVest.com)
Symantec has found an increase of 8,500% in coin mining software on systems, making cryptojacking the top malware trend of 2017. The number and sophistication of cyber attacks related to cryptocurrencies appear to have grown in tandem with the market itself. The new Internet Security Threat Report from Symantec confirms this, labeling cryptojacking the biggest trend of 2017.
Ripple Tried To Pay For Coinbase, Gemini Listings Which Is 100% Legal, 60% Of The Time (DealBreaker.com)
Remember Ripple? No? That’s ok, neither does anyone else apparently. As it turns out, people tend to forget about things that lose 85% of their value in the space of four months, which is what’s happened to Ripple after it hit a high above $3 earlier this year. That absurd blowoff top for the coin (which sports a literal fidget spinner as a logo) came hot on the heels of 2017’s 32,000% gain. The furious rally briefly catapulted cofounder and former CEO Chris Larsen above Google founders Larry Page and Sergey Brin, Steve Ballmer, Larry Ellison, and a whole host of other high profile billionaires on the list of Earth’s richest people.
