Monero, EOS & Polkadot – American Wrap: 10/6/2020

Monero Price Analysis: Cryptojackers Play A Dirty Trick On XMR As Bulls Hit The Brick Wall

The researchers from Unit 42, the global threat intelligence team at Palo Alto Networks, discovered a new version of cryptojacking malware for named Black-T. The virus is created by a group known as TeamTnT specializing in stealing Amazon credentials and mining Monero (XMR) on the infected device.

EOS Price Analysis: EOS Explodes 19%, Goldman Sachs Veteran To Lead The Advisory Board

EOS is currently trading at $2.8 after a massive price spike from a low of $2.48 just hours ago. The digital asset reacted extremely well to the recent news about the appointment of Martin Chavez as the leader for advisory board. 

Polkadot Price Prediction: DOT Is On The Verge Of A Massive Price Move

Full-time trader, ‘Trader_XO’ tweeted a chart showing the magnitude of DOT’s bounces from the support level at $3.9. We can observe that the first bounce was the strongest, followed by subsequent bounces that are far weaker, about half or even lower than the previous ones. The last bounce happened a few days ago and seemed to indicate that the next try could be a bearish breakout.

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