The crypto markets are recovering after experiencing bloodshed across the streets for a while. In the meantime, Bitcoin rebounds and reclaims levels above $90,000, flashing bullish signals for the upcoming price action. The lesser clarity on the crypto strategic reserve was speculated to have raised concerns, which has kept the price resitructed within a range. However, in a big announcement, the tables have turned for the BTC price rally, which is expected to remain elevated and reach $95,000 soon.
Ever since Donald Trump announced the creation of a crypto strategic reserve with the top cryptos like BTC, ETH, XRP, and ADA, the traders have become bullish on these cryptos. However, the President is about to take a step further and reveal the Bitcoin strategic reserve in the first ever crypto summit hosted by the White House. Soon after this, Bitcoin locked in its higher low and charged towards the range lows again.
Now, all eyes lie on reclaiming a pivotal resistance, which may make things better once that’s done.
The short-term price action of Bitcoin suggests the price has rebounded from the local lows and is believed to rise and reach the local highs. The stochastic RSI has rebounded from the lows and is heading towards the upper threshold. Besides, the conversion line of the Ichimoku cloud has triggered a bullish divergence, which suggests the price may continue to rise and reach the interim resistance at $91,320.
In the meantime, the bears have begun to exert significant pressure over the token, but the bulls appear to have held a tight grip over the rally. As a result, the BTC price is expected to keep up the momentum until Friday. However, after Donald Trump’s announcement on the Bitcoin strategic reserve, the price is expected to witness a huge bullish push, which could keep up the bullish trend and regain the lost levels.
SharpLink Gaming, led by Ethereum co-founder Joe Lubin, is rapidly increasing its Ethereum holdings to surpass BitMine Immersion Technologies in the ETH treasury race. The company uses daily stock offerings to buy more ETH and stakes existing coins to earn yield. SharpLink avoids heavy leverage, focusing on steady growth and shareholder value. This intensifying competition highlights growing institutional demand and acceptance of Ethereum as a key digital asset.
The post SharpLink’s Joe Lubin Accelerates Ethereum Accumulation to Challenge BitMine appeared first on Coinpedia Fintech News
SharpLink Gaming, led by Ethereum co-founder Joe Lubin, is rapidly increasing its Ethereum holdings to surpass BitMine Immersion Technologies in the ETH treasury race. The company uses daily stock offerings to buy more ETH and stakes existing coins to earn yield. SharpLink avoids heavy leverage, focusing on steady growth and shareholder value. This intensifying competition …
SparkKitty, a dangerous new malware, is targeting mobile devices to compromise crypto wallets. It searches through users’ image data to uncover and steal seed phrases.
In recent cases, the malware infected phones through compromised apps, with several bait programs catering to lure crypto users. Thankfully, app store moderation has removed many of SparkKitty’s attack vectors.
How SparkKitty Targets Crypto Wallet Apps
Popular security firm Kaspersky identified this new malware today after months of observation across different mobile operating systems.
Earlier in February, the firm discovered SparkCat, an earlier iteration of this malware. After the previous discovery, the malicious developers repackaged this trojan through new apps.
Our researchers uncovered #SparkKitty, a stealthy Trojan targeting both #iOS and #Android devices.
It captures images and device data from infected phones and transmits them to the attackers. The Trojan was embedded in apps related to #crypto, gambling, and even a trojanized… pic.twitter.com/2CjjSwcpeo
According to the company’s full report, this piece of malware is specifically focused on targeting crypto users, especially in China and Southeast Asia.
Hackers embedded SparkKitty into crypto-related apps, like price trackers and messengers with crypto-buying functionality. One such compromised messenger, SOEX, was downloaded over 10,000 times before removal.
SparkKitty’s operators also branched out to include casino apps, adult sites, and fake TikTok clones. Even if a user downloaded a contaminated app, the malware wouldn’t automatically start looking for crypto.
Instead, the app would ostensibly function normally, asking for access to users’ photos. It would continue appearing normal even after gaining this permission.
In other words, this malware would repeatedly scan image data for signs of a crypto seed phrase, double-checking the compromised device periodically.
Kaspersky’s researchers have several reasons to believe that SparkKitty is an upgraded SparkCat. For example, they share several debug symbols, code construction, and even a few compromised vector apps.
However, SparkKitty is more ambitious than SparkCat. The earlier malware would focus on penetrating crypto security, while the upgraded version can compromise many types of sensitive data.
SlowMist TI Alert
A new malware named #SparkKitty that steals all photos from infected iOS & Android devices — searching for crypto wallet seed phrases.
Nonetheless, SparkKitty’s main priority is still in uncovering seed phrases.
Overall, the best caution for users is never to store seed phrases digitally. Don’t even take a photo of it.
There’s no shortage of recent scams and malware that can compromise this password, thereby allowing attackers to steal all your crypto. It’s important not to give sketchy apps access to your devices, but it’s doubly vital to protect your seed phrase.
Last year, BONK and BlockDAG (BDAG) performed tremendously and created generational wealth for many investors. From January 1, 2024, to the peak of the November rally, BONK provided a net 345% return, and BDAG was 2024’s most successful presale, raising over $250 million.
Now, experts are backing the latest AI-driven project, Unilabs (UNIL), speculating it can replicate BlockDAG’s success and provide higher returns than BONK by the end of 2025. In its first week, Unilabs has surpassed $30 million in assets under management, and the UNIL presale has already amassed $425,000, setting new records for token demand in presale.
BlockDAG: Redefining Scalability With EVM and DAG Architecture
BlockDAG is an adaptive blockchain protocol with robust EVM (Ethereum Virtual Machine) capabilities. The project follows Bitcoin’s core principles but introduces the scalability of EVM chains to push the performance boundaries.
The platform merges fast DAG technology with proof-of-work architecture to facilitate the processing power needed to execute thousands of transactions each second. BlockDAG’s large mining community, Tap-to-Earn rewards, and beta testnet launch add to investor appeal.
The BDAG presale is near its end, and the early investors who have made a significant profit are now transferring capital to the Unilabs (UNIL) presale to make similar returns again and multiply their profits.
BONK Rallies After Deep Correction: How High Will It Reach?
After its massive rally last year, the Solana meme coin BONK entered an extended correction and dropped with considerable momentum in a declining wedge pattern, reaching a new multi-year low at $0.000009 on March 11.
Image courtesy: TradingView
The wider market recovery allowed BONK to break out from the upper trendline of the falling wedge. The price retested the upper trendline on April 7, and in the 39 days since, it has surged over 130%, giving rise to a new uptrend.
A few days ago, BONK attempted a breakout from the bullish pattern but failed and has pulled back to the previous swing high. At press time, it trades at $0.00002131, with strong immediate support near $0.00002.
Despite the pullback, the MACD and RSI indicate increasing bullish sentiment, and a move past the $0.000024 resistance could fuel the BONK price rally to a target of $0.000036. Regardless, investors prefer Unilabs as its presale offers steady returns that can outperform in the long run.
Unilabs (UNIL): Unlocking AI-Automated Fund Investing
Investors are moving funds from BlockDAG and BONK to the Unilabs presale in search of better and sturdy returns. This massive inflow has made UNIL the fastest rising presale this season, raising nearly $400K within a week.
Unilabs attracts investors not only with its lucrative returns but also with the impressive technological innovation of its next-generation AI-fund manager. The platform offers four main DeFi fund baskets: BTC, RWA, AI, and Mining, each holding a range of emerging and high-potential altcoins.
The AI has been trained to find trends and patterns using historical market data. It carefully assesses tokenomics, sustainability, risks, and background checks, and adds the assets with the best expected returns to the respective baskets. The profits are completely transparent and are distributed periodically as dividends and yields.
Users can also earn passive income with Unilabs’ referral scheme, which offers exciting rewards to those who help expand the community. The referral rewards are distributed from a share of the platform’s revenue in the form of UNIL tokens, which are also available to purchase in the live presale.
In presale stage two, UNIL is priced at $0.0051, reflecting a 21.5% surge from the stage one price of $0.004. As the presale reaches further stages, the price will continue to rise, providing the most compounding returns to the earliest investors.
Conclusion
While BlockDAG and BONK gave remarkable results in 2024, Unilabs’ growing momentum highlights its potential to flip these two giants in this year’s bull market. Timing is the most important thing in crypto, which is why this is the right moment to acquire UNIL, which sells for a discounted price in presale.
The post Unilabs (UNIL) Could Outperform BlockDAG and BONK After Smashing $30M Milestone in Assets Managed appeared first on Coinpedia Fintech News
Last year, BONK and BlockDAG (BDAG) performed tremendously and created generational wealth for many investors. From January 1, 2024, to the peak of the November rally, BONK provided a net 345% return, and BDAG was 2024’s most successful presale, raising over $250 million. Now, experts are backing the latest AI-driven project, Unilabs (UNIL), speculating it can …
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