What is the price of the Bitcoin dollar today, Thursday, May 19

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What is the price of the Bitcoin dollar today, Thursday, May 19

After a chaotic week for the entire crypto ecosystem, digital currencies start the week with swings. Is the “red wave” reversed?

After hitting new all-time highs (ATH) above $68,500 in October last year, the price of Bitcoin, Ethereum and the rest of the market suffered a lethal bloodletting that sent all digital currencies down.

This week the cryptocurrencies started between swings: today Bitcoin is worth $29,007.21 and in the last 24 hours the price variation of the digital currency was -3.33%. The market capitalization of Bitcoin is $553,414,655,806 and there are 19,043,943 BTC in circulation.

The variation of the price of Bitcoin in the last year. Source: coinmarketcap.com.

On the cryptocurrency buying and selling platform gravelBTC today reaches the value of $6,152,841.60 in pesos for purchase and 5,876,082.71 for sale, with a variation of 1.21%. It should be noted that this new value is tied to that of the parallel dollar in Argentina.

The variation of the price of Bitcoin in pesos in the last year.  Source: Rubble.

The variation of the price of Bitcoin in pesos in the last year. Source: Rubble.

The price of the other cryptocurrencies:

  • Ethereal: US$1,925.00 (-5.73%)
  • bnb: US$295.03 (-2.65%)
  • Tie: $0.99 (-0.02%)
  • Solarium: $48.77 (-10.33%)
  • XRP: US$0.40 (-6.53%)
  • Cardano: US$0.51 (-9.72%)
  • avalanche: US$28.74 (-17.18%)
  • Moles: u$s9.50 (-9.07%)
  • Dogecoin: $0.08 (-6.56%)

Bitcoin scams

The growing interest of users in the universe of cryptocurrencies and the lack of knowledge about the risks that this market presents has resulted in the rise of scams in which programs are offered investment in Bitcoin by email, according to the cybersecurity company Eset.

Cybercriminals have taken advantage of the loophole in this business and the widespread ignorance on the part of users to proceed with the massive dissemination of emails with which they intend to encourage these people to invest in nonexistent funds or collect false payments.

The latter are characterized by including a message informing the user that their investment bond is ready to be paid and that, to be able to collect it, it is only necessary to register and accept the payment.

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Cybercriminals have taken advantage of the legal loophole in this business.

Although email services like panorama either gmail are capable of filtering most of this content, others manage to sneak into the inbox and present a real and legitimate appearance, as Eset has denounced in a statement.

Scams on the rise

This is one of the most abundant formats of the fraudulent shipping system of emails, one more of the many tactics that cybercriminals are formalizing with the aim of getting victims to create accounts on cryptocurrency purchase and exchange platforms.

To pass them off as legitimate campaigns, hackers even include images of celebrities and alleged captures of covers and articles published in the media without their consent to take advantage of their popularity and attract new victims.

In this case, they can even stage a false interview in which a person with a certain popularity talks about how their successful experience has been in the bitcoin investment.

These emails also include links to fake platforms of investment in which the supposedly real testimonials of the users appear, the amount they have earned with these investments and the table of live results according to the movements of these virtual transactions.

All the people who appear have false identities or their images have been seized without their consent. However, cybercriminals manage to convince some of these users that they are real people who are profiting from this business.

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To pass them off as legitimate campaigns, hackers even include images of celebrities.

“However, not everything is as beautiful as it seems and, if we stop to read the small print that appears at the bottom of the web, we will see how we are warned that these investments are, in reality, high-risk speculative movements”, points out the director of research and awareness of Eset, Joseph Alborsthat has encouraged users to stay tuned for details like this.

avoid risks

In order to avoid this type of scam, it is advisable not to provide personal data to an entity that has contacted us without having previously requested it, either through social networks, calls or messages.

In addition, the degree of reality that is offered in these supposedly lawful proposals must be assessed, since the promises of money they are usually risky and false.

On the other hand, it is recommended enable authentication in two factors for any cryptocurrency, rule out any investment opportunity that requires an upfront payment or use official app stores.

To reinforce security, It is advisable to download software from a trusted provider on the different devices in the home to stop the entry of malware.

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