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The Same Chart That Nailed Ethereum’s $90 Bottom Is Now Calling a Top
Like Bitcoin, Ethereum has been on a remarkable run over the past few weeks. Arguably, the asset’s performance has been even more impressive than that of BTC over the same time period. Case in point: per data from TradingView.com, from the lows around $90, the cryptocurrency has rallied 116% higher, outpacing effectively any other multi-billion-dollar asset over that same time period. Chart from TradingView.com The most recent leg of this move, which has brought ETH towards $200, has many convinced that more upside is in the cards. But, a leading technical analyst, whose chart called the previous bottom in the Ethereum market, is now signaling that a short to a medium-term top is forming. Ethereum Is Preparing for a Strong Correction On April 24th, a pseudonymous crypto trader shared the chart seen below, remarking that this single setup has “caught each major top and bottom” since 2020 began, marking the $290 yearly highs and the $90 lows that were experienced on “Black Thursday.” Ac...
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Tron’s DLive platform under fire for live streaming US Capitol extremists
The crypto-powered streaming platform DLive has come under fire after far-right extremists used the service to live stream this week’s violent insurrection in the U.S. Capitol. DLive, the decentralized streaming platform that Justin Sun purchased and migrated to Tron in December 2019, was used by several far-right extremists to live-stream their insurrection in the U.S. Capitol building on Jan 6. The extremists were also able to raise donations during the broadcast and the platform has been accused of allowing extremists to raise “hundreds of thousands” of dollars, mostly in cryptocurrency, since it was founded. According to the Southern Poverty Law Center’s Hatewatch blog , at least five DLive accounts live streamed Wednesday’s shocking protest, “Murder the Media,” “ Loulz,” “Woozuh,” “Gloomtube” and “ Baked Alaska”. However the organization could only confirm that DLive user “Baked Alaska” had actually breached the Capitol Building. Baked Alaska’s real name is Tim Gionet. A form...
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