By CCN Markets: Since June 10, bitcoin has been on a strong upside movement supplemented with large volume across major crypto markets. On Friday, the bitcoin price hit $ 9,800 on leading exchanges in the likes of Coinbase, Binance, and Bitstamp, achieving a new 2019 high following a 162 percent year-to-date gain against the U.S. dollar. As the bitcoin price nears the so-called “FOMO” level at $ 10,000, which has been considered as a psychological level by many investors in the crypto market, investors anticipate the momentum of the asset to strengthen in the near term. How would bitcoin move after breaching
By CCN Markets: The Dow and broader U.S. stock market extended their rally Wednesday morning following news that the United States and China will resume trade negotiations ahead of a key presidential summit in Japan next week. The Dow’s return to record highs now hinges on the Federal Reserve, which is set to wrap up its June policy meeting in the next few hours. Dow Extends Rally; S&P 500, Nasdaq Follow All of Wall Street’s major indexes traded higher after the open, reflecting a fairly upbeat pre-market for Dow futures. The benchmark Dow Jones Industrial Average climbed 48.03 points, or
The cryptocurrency market is at an all-time high as coins recover from a brief holiday bear season into a bullish New Year. But could this unprecedented growth in value attract cybercriminals?
Currently, there is a huge bullish run by Bitcoin and other alternate coins on the cryptocurrency market even with the recent correction that saw Bitcoin slightly drop in value over the holidays. However, now that the New Year has kicked off, cryptocurrencies are going up in price. But could this surge in value be open season for cybercriminals?