Bitcoin is still trading in the middle of the structure as of today, with an immediate support around 8,600 and immediate resistance around 9,200; while we have 8,100 - 8,000 as key support and 10,000 as key resistance respectively. The current price action hasn't dictated the general direction of the market yet as price remains sideways. With this, a break above 9,200 - 9,500 could be a possible trigger to retest 10,000 level. Otherwise, a break below 8,700 could be a selling pressure trigger for bears.
Global market cap is at $249B, while BTC's market cap is at $163B.
Calibra, the Facebook-owned digital wallet, has now been rebranded to Novi, coming from the Latin words "novus" for "new" and "via" for "way." The reason for the name change was to avoid confusion between Calibra and Facebook's upcoming global payment system Libra, as the names sounded too similar. Novi will be released as a standalone app, as well as be integrated into Messenger and WhatsApp, according to Facebook's official press release.
With Facebook's dwindling popularity and privacy issue, it remains to be see how the market will respond to their efforts to become a global banking system.
The Reserve Bank of India (RBI) has issued a response to an information request, saying that there are no restrictions on banks preventing them from providing accounts to cryptocurrency companies or traders. The information request was intended to clarify traders' concerns as to why banking portals still prohibited transactions in virtual currencies and was filed by Harish BV, a cofounder of a local cryptocurrency exchange Unocoin.
According to cloud security firm Red Canary, over 1000 enterprise computer systems have been infected with cryptojacking malware that installs a Monero (XMR) mining application. The Blue Mockingbird malware hacker group is supposedly behind the operations. The group's malware attacks servers running ASP.NET applications, then obtains administrator-level access by exploiting vulnerabilities and taking advantage of the weakness of the Remote Desktop Protocol in Windows. Then the XMRRig application gets installed to use the resources of the machines for mining.
According to Red Canary, most of the infected computers belong to large companies, although they did not name names.
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