Binance has discovered a global malware threat known as "Clipper malware," which alters cryptocurrency withdrawal addresses, leading to significant financial losses. The malware replaces copied wallet addresses with those of attackers, impacting users on Android, web apps, and iOS.
Binance’s security team said it is blacklisting suspicious addresses, notifying affected users, and monitoring new threats.
CKB has broken out of its descending channel with substantial volume, signaling potential upward momentum. It has also surpassed the horizontal resistance zone, with the 200MA currently acting as a key resistance barrier.
A retest of this level is expected, and a successful retest would confirm further bullish potential for CKB.$CKB
After a strong consolidation phase within the falling wedge pattern, the price has now broken out with significant volume, indicating potential bullish momentum. Both the 21MA and 50MA are showing increasing bullish strength.
However, it's important to wait for a successful retest of the breakout level. A confirmation of the retest would signal the likelihood of a sustained bullish rally.$BB
Bitcoin is currently consolidating within a well-defined symmetrical triangle, indicating a period of indecision in the market. At present, the price is trading above the Ichimoku Cloud, which is generally a bullish sign, suggesting that support from the cloud remains strong. However, the 100MA is acting as a critical resistance level, capping upward momentum.
If the price fails to break through the resistance trendline of the symmetrical triangle, a rejection at this level could lead to continued consolidation within the pattern. This would likely result in further range-bound price movement, with potential support at the lower trendline of the triangle.
Alternatively, if Bitcoin breaks decisively above the resistance trendline and 100MA, it could trigger a strong bullish reversal. This breakout would likely lead to increased buying pressure, sparking a potential upward rally. Traders should watch closely, as this could mark the start of a sustained bullish trend.$BTC
BTC Dominance (BTC.D) is consolidating within a rising wedge pattern, currently rebounding above the 21MA, which is acting as support. To anticipate the next move, it’s crucial to wait for a definitive breakout or breakdown from this channel.
Given the inverse relationship between BTC.D and the altcoin market cap, this level becomes particularly significant in gauging broader market dynamics and potential shifts in the altcoin market.$BTC
Sam Bankman-Fried (SBF), the former CEO of the defunct crypto exchange FTX, has appealed to overturn his fraud conviction.
In a 102-page appeal, he claimed that Judge Lewis Kaplan made several rulings that impeded him from putting up a proper defense. SBF’s lawyer suggested that Kaplan was biased as he had already presumed that the defendant was guilty from the start.