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Market Analysis

Read more about the article Kaseya Denies Paying $70 Million Bitcoin Ransom

Kaseya Denies Paying $70 Million Bitcoin Ransom

  • Post author:Auto News Feed
  • Post published:July 27, 2021
  • Post category:Market News

On July 2, IT software provider Kaseya was crippled by an attack attributed to Russia-based hacking group REvil. The ransomware compromised the software and removed the clients' administrator access. REvil…

Continue ReadingKaseya Denies Paying $70 Million Bitcoin Ransom
Read more about the article Shopify Now Supports NFT Sales, Starting With Chicago Bulls

Shopify Now Supports NFT Sales, Starting With Chicago Bulls

  • Post author:Auto News Feed
  • Post published:July 27, 2021
  • Post category:Market News

Shopify, a leading e-commerce platform that lets websites add storefronts and accept payments, has added support for NFTs, allowing store owners to sell the crypto collectibles directly without relying on…

Continue ReadingShopify Now Supports NFT Sales, Starting With Chicago Bulls
Read more about the article ‘Epic’ Short Squeeze: Why the Price of Bitcoin Is Surging

‘Epic’ Short Squeeze: Why the Price of Bitcoin Is Surging

  • Post author:Auto News Feed
  • Post published:July 27, 2021
  • Post category:Market News

The price of Bitcoin today surged past $40,000 for the first time since June. Why is this happening? Could it be Elon Musk and the anticipation of Tesla earnings, or…

Continue Reading‘Epic’ Short Squeeze: Why the Price of Bitcoin Is Surging
Read more about the article Coinbase: Bitcoin ETF Approval ‘Only a Matter of Time’

Coinbase: Bitcoin ETF Approval ‘Only a Matter of Time’

  • Post author:Auto News Feed
  • Post published:July 27, 2021
  • Post category:Market News

The cryptocurrency giant Coinbase has sounded a bullish note on the prospect of the Securities and Exchange Commission approving a Bitcoin ETF—a long-awaited development that is expected to increase overall…

Continue ReadingCoinbase: Bitcoin ETF Approval ‘Only a Matter of Time’
Read more about the article Tesla Takes $23 Million Q2 Impairment From Bitcoin

Tesla Takes $23 Million Q2 Impairment From Bitcoin

  • Post author:Auto News Feed
  • Post published:July 27, 2021
  • Post category:Market News

Electric car maker Tesla today posted blowout quarterly earnings numbers, exceeding $1 billion in profits for the first time while producing and delivering more than 200,000 vehicles. But the company…

Continue ReadingTesla Takes $23 Million Q2 Impairment From Bitcoin
Read more about the article Bitcoin Price Returns to $40,000

Bitcoin Price Returns to $40,000

  • Post author:Auto News Feed
  • Post published:July 27, 2021
  • Post category:Market News

Nothing like an Elon Musk comment and an Amazon rumor to get cryptocurrency markets swirling again. The price of Bitcoin rose 15% in 24 hours to top $40,000 today for…

Continue ReadingBitcoin Price Returns to $40,000
Read more about the article Thorchain Trolled by Hacker After Two Successful Seven-Figure Exploits

Thorchain Trolled by Hacker After Two Successful Seven-Figure Exploits

  • Post author:Auto News Feed
  • Post published:July 27, 2021
  • Post category:Market News

Thorchain, a popular defi protocol, has been compromised twice in the last two weeks, resulting in losses of over $10,000,000. The hacker responsible for the latest exploit left behind a…

Continue ReadingThorchain Trolled by Hacker After Two Successful Seven-Figure Exploits
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