Bitcoin is currently moving sideways after its failed breakout to 10,000 last week. In the daily, we can spot the key resistance around 10,300 and key support around 8,600 - 8,500. The current range is wide, and a break below mid-range area 9,300 could push price down to test key support level, while any move above 10,000 that gets accepted could be a possible trigger for a bullish scenario.
Global market cap is at $276B, while BTC's market cap is at $178B.
A ransomware gang named "Maze" reportedly stole data from the US branch of an integrated engineering group that works with different governments. The group was able to breach the ST Engineering Aerospace's US subsidiary and managed to extract about 1.5TB of sensitive data from the firm and its partners. According to a Cointelegraph report, the data stolen by the ransomware gang included contract details with various government, organizations and airlines across the globe. The report also said that Cointelegraph had access to an internal memo issued by ST Engineering Aerospace, saying that VT San Antonio Aerospace was the site of "the ransomware infection."
Brave Browser, the crypto-powered privacy-focused web browser, appears to have removed a controversial feature that was auto-filling an affiliate link into its address bar when a user attempts to access leading crypto exchange Binance and its US-based subsidiary Binance.US. Brendan Eich, Brave's co-founder and chief executive, acknowledged the "mistake" and promised to correct the error. "Brave default autocompletes verbatim Binance.us in the address bar to add an affiliate code. We are a Binance affiliate, we refer users via the opt-in trading widget on the new tab page, but autocomplete should not add any code," Eich tweeted.
After coming under fire on Twitter after the discovery, Brave has announced that it will remove the function that causes the "mistake."
CoinMarketCap, one of the top crypto data aggregators, has introduced another update to its algorithm once again after being acquired by Binance. As a result of these changes, BInance has come on top of its exchanges ranking. The latest update implemented a new algorithm "to replace the previous default ranking of exchanges by Web Traffic Factor" introduced on May 14. Web Traffic Factor analyzes the user activity on trading platforms such as page views, unique visitors, time spent on site, search engine bounce rate, and search engine rankings. The new algorithm shifted from tracking web traffic to a more complex method that involves market rankings and "confidence score." Both metrics were previously introduced for ranking market pairs, and now have been applied to the ranking of exchanges.
Binance continues to hold first place in CoinMarketCap's rankings after the change.
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