fbpx
Top 5 Cryptocurrencies To Watch This Week: BTC, AVAX, ALGO, XTZ, EGLD

Top 5 Cryptocurrencies To Watch This Week: BTC, AVAX, ALGO, XTZ, EGLD

Original Article By Rakesh Upadhyay At Cointelegraph.com

Bears continue to pressure BTC price but any signs of consolidation could lead to a breakout in AVAX. ALGO, XTZ, and EGLD.

China has attempted to stifle the crypto sector’s growth on several occasions in the past 12 years but barring a minor blip, the blanket bans on crypto-commerce have not altered the long-term growth of cryptocurrencies. This shows that no one country, even if it is the second-largest economy in the world, can halt the emergence and growth of cryptocurrencies.

Deutsche Bank analyst Marion Laboure said in an update on the bank’s website that Bitcoin (BTC) is likely to “remain ultra-volatile in the foreseeable future” as most people buy it either for investment or for speculation rather than using it as a medium of exchange.

However, Laboure believes that Bitcoin could become “the 21st century’s digital gold” and the trend could continue for centuries with no major control by the government.

At Morningstar’s yearly investment conference, Dennis Lynch, the head of asset management at Counterpoint, likened Bitcoin to the South Park cartoon character Kenny. Lynch said: “I like to say that bitcoin’s kind of like Kenny from South Park — he dies every episode, and is back again.”

As the effect of the China FUD diminishes, let’s study the charts of the top-5 cryptocurrencies that may remain strong in the short term.

BTC/USDT

Bitcoin has once again bounced off the 100-day simple moving average ($41,002), suggesting that bulls are attempting to defend this level aggressively. The bulls will now try to push the price above the 20-day exponential moving average ($45,178).

The downsloping 20-day EMA and the relative strength index (RSI) in the negative zone suggest that bears have the upper hand. If the price turns down from the 20-day EMA, the possibility of a break below the 100-day SMA will increase.

Such a move will complete the bearish head and shoulders pattern, which has a target objective at $32,423.05.

The bulls will have to push and sustain the price above the overhead resistance at $48,843 to open the doors for a possible rally to $52,920. A break and close above this level could signal the resumption of the uptrend.

The BTC/USDT pair is witnessing a tough tussle between the bulls and the bears near the neckline. The bulls have pushed the price above the 20-EMA and will next try to clear the overhead hurdle at $45,200.

If they can pull it off, the pair could climb to $49,000. Conversely, if the price turns down from the current level, the bears will try to pull the price below the critical support zone at $41,000 to $39,600. A violation of this zone may indicate the start of a downtrend.

AVAX/USDT

Avalanche (AVAX) is trading inside an ascending channel pattern. The long tail on today’s candlestick suggests that bulls are aggressively buying on dips to the 20-day EMA ($61)

The rising moving averages and the RSI in the positive zone indicate advantage to buyers. The AVAX/USDT pair could now try to retest the all-time high at $79.80. This is an important level to watch out for because a break above it could signal the resumption of the uptrend.

The pair could then rally to the resistance line of the channel and the bullish momentum may pick up if this hurdle is crossed.

Conversely, if the price turns down from the current level or the overhead resistance and breaks below $60.04, it will suggest the start of a deeper correction to the 50-day SMA ($45).

The pair has bounced off the 100-SMA and the bulls are attempting to sustain the price above the 20-EMA. If they manage to do that, the pair could start its northward march to $79.80 where the bears may again mount a stiff resistance.

On the downside, the critical level to watch is the support line of the channel. A break and close below this support will be the first indication that the bulls may be losing their grip. If the price slips below $60.04, the decline could extend to $55.

ALGO/USDT

Algorand (ALGO) is trading below the 20-day EMA ($1.77) but the long tail on today’s candlestick suggests that bulls are attempting to defend the support at $1.51.

If bulls drive and sustain the price above the downtrend line, it will suggest that the short-term correction could be over. The ALGO/USDT pair could then rise to $2.15 and then to $2.55.

Alternatively, if the price turns down from $1.84, the pair could again drop to $1.51. If the bulls defend this support, the pair may remain range-bound between $1.84 and $1.51 for a few days.

A break and close below $1.51 will signal a possible change in trend. The pair could then slide to the next support at $1.15.

The pair is trying to rebound off the strong support at $1.51 but the recovery may hit a barrier at the moving averages and then again at the downtrend line.

If the price turns down from the overhead resistance, it will indicate that sentiment remains negative and traders are selling on relief rallies. That will increase the likelihood of a break below $1.51.

This negative view will be negated if the price rises and sustains above the downtrend line. The bulls will then make one more attempt to resume the up-move.

XTZ/USDT

Tezos (XTZ) rebounded sharply from the breakout level at $4.47 on Sept.22, indicating aggressive buying on dips. The bulls pushed the price back above the 20-day EMA ($6.10) on Sept. 23 and have held the level since then.

The moving averages are sloping up and the RSI is in the positive territory, suggesting that bulls have the upper hand. The buyers are likely to challenge the overhead resistance zone at $8.03 to $8.42.

A breakout and close above this zone will signal the start of the next leg of the uptrend. The pair could then rally to the psychological mark at $10.

Contrary to this assumption, if the price turns down from the current level or the overhead resistance and breaks below the 20-day EMA, the pair could drop to $4.47.

The pair is attempting to rebound off the 20-EMA, indicating that sentiment has turned positive and traders are buying on dips. The bulls will now try to push the price to the overhead resistance at $7.50.

If this level is scaled, the pair may rally to $8.03 where the bears are likely to mount a stiff resistance. If bulls do not give up much ground from this resistance, the possibility of a break above it will increase.

This bullish view will invalidate if the price turns down and breaks below the moving averages. Such a move could result in a drop to $5.50 and then $4.47.

EGLD/USDT

Elrond (EGLD) bounced off the 50-day SMA ($181) but could not clear the overhead hurdle at $245.80. This suggests that bulls are buying on dips while bears are selling on rallies.

The 20-day EMA ($220) has flattened out and the RSI is just above the midpoint, indicating a balance between supply and demand.

The buyers are attempting to sustain the EGLD/USDT pair above the 20-day EMA. If they manage to do that, the bulls will again try to push the pair above $245.80. If they manage to do that, the pair could rally to $303.03.

On the contrary, if bears pull the price down from the current level, a retest of the 50-day SMA is possible. A break and close below this support could open the doors for a further decline to the 100-day SMA ($132).

The pair has bounced off the uptrend line, which suggests that traders are buying on dips. The bulls will now try to propel and sustain the price above the downtrend line. If they succeed, the pair may resume its up-move and rally to $277.88 and then to $303.03.

Contrary to this assumption, if the price turns down from the downtrend line, the bears will try to gain an advantage by pulling the price below the uptrend line. Such a move could clear the path for a deeper correction.

Chuck Dixon: “DC And Marvel Seem To Be In Some Sort Of A Suicide Pact With Themselves To Destroy American Comics”

Chuck Dixon: “DC And Marvel Seem To Be In Some Sort Of A Suicide Pact With Themselves To Destroy American Comics”

Original Article By John F. Trent At BoundingIntoComics.com

Famed Batman writer Chuck Dixon recently claimed that DC Comics and Marvel Comics are intentionally attempting to destroy American comics.

Dixon’s comments came in his latest YouTube episode of Ask Chuck Dixon.

Dixon was asked by a fan, “What do you think do these big two need to do to save their decline of popularity?” and “And lastly: What are your thoughts on Comicsgate? Do you think it’s a useless movement that’s overdoing it or a necessary thing to wake up Marvel DC?”

The current scribe on Arkhaven Comics’ Something Big and Go Monster Go! responded to the question stating, “These questions are very much interrelated. So you’ve got DC and you’ve got Marvel. They’re the big two. They’re the big cats in the cage. They’re the stars. They’re the marquee. And they float all the boats. All of the comic industry goes up or down with the fortunes of DC or Marvel. That’s the just way it is.”

He continued, “I don’t see it ever changing. Particularly, since DC and Marvel seem to be in some sort of a suicide pact with themselves to destroy American comics. I’m beginning to believe that they are doing it intentionally. And I don’t think in a year from now DC or Marvel are going to exist as we see them today or as we ever remembered them.”

“The parent companies can’t keep carrying these comic book companies that simply don’t deliver any kind of earnings. And I know in the new economy, as NPR always tell me, earnings don’t matter. But they do. They do in the end. You gotta pay people. You gotta make enough money to pay everybody and keep the lights on,” he asserted.

Dixon then turned his attention to the first question saying, “What can they do to turn around? Honestly, I think at this point it is too late. They’ve screwed the pooch on all of this stuff so much. They’ve chased away so many rumors.

“At this point, if DC and Marvel said, ‘Well, we’re going to go back to doing things the way we used to.’ At this point, would you believe them? Because they’ve certainly said it enough times,” he declared.

Dixon then proceeded to provide an example, “As the steam ran out of the Ultimates at Marvel, it seemed like every three months the companies would say, ‘We’re gonna return to more traditional ways of comics. We’re gonna do a soft reboot and basically go back to the way we were doing business before.’ But it turned out to never be true.”

As for why their promises were never kept he posited, “I think partly because they had chased away the talent or barred the talent from working that could have actually accomplished that, that could have returned to them to greatness. There’s rare exceptions. Dan Jurgens continues to do terrific work at DC, but that’s a rare exception for the most part. All of the contemporaries of Dan Jurgens, they’re not working in comics or they’re doing their own thing.”

Dixon then turned his attention to Comicsgate, “This is where Comicsgate comes in. Because what happened was…Because Marvel and DC chased away 60, 70% of their readership, and no new readers came in to replace them because why would they. Comics aren’t that interesting. They’re not that engaging. They’re not that attractive. And they feature characters for the most part that people couldn’t even recognize anymore because they’ve either been completely changed or altered in such a way that the general public no longer recognized them.”

“So kids going to see a Marvel or DC movie wanted a comic book like those characters, they couldn’t even find anything like those characters. So sales cratered, continue to crater. Death spiral,” he noted.

He then questioned, “But what happens to all of those comic book readers? People like you, people like me. We want to read comics. We don’t want to stop just because they suck.”

“So into that gap comes Comicsgate. I don’t even like Comicsgate as a term because it started out as a pejorative. ‘Oh you’re part of Comicsgate’ like it’s some conspiracy. Like we all live in the same house,” he opined.

“And I don’t even know what Comicsgate is. I’m not even sure what Comicsgate means. I’m always included in Comicsgate when they make a list of Comicsgate people. I’m always on it, often near the top, which is why I jokingly say I’m the Jesus of Comicsgate. I was the first. I was blacklisted by the industry and outed as a conservative,” he states succinctly.

Dixon then does his best to define Comicsgate, “I’m not even sure what Comicsgate is. It’s like this loose affiliation and it’s a very loose affiliation because a lot of Comicsgate people don’t like each other. But what it is is a bunch of successful pros and some amateurs who are now pro very much, who through crowdfunding or whatever other means created their own comics, did away with the gatekeepers. Said, ‘Hey we don’t need the Big Two’ and reached out to that underserved comic book audience that no longer read DC and Marvel. ”

“And DC and Marvel, their editorship, and their creator people deeply resent this. And so they make it into something political. It’s not accident that the majority of the Comicsgate people or the majority of these new independent creators tend to be conservative. Because so many of them no longer work for the Big Two because they were blacklisted,” says the creator of Bane.

The Arkhaven Comics writer then stated, “So what were they supposed to do? They supposed to go become greeters at Walmart? Or they find a way to keep doing what it is they do best, which is create comics. And we know the names: Billy Tucci, Ethan Van Sciver, Graham Nolan, Richard Meyer. These guys have been incredibly successful. There’s others as well. Brian Pulido. Brian Pulido is a rockstar of crowdfunding, working outside the system. Of course Brian Pulido has always worked outside the system. He’s always found a way.”

Dixon continued, “So that’s what Comicsgate is. And I find it funny that some of the big critics of Comicsgate tried to do what the quote-on-quote Comicsgate people were doing and they fell flat on their faces. Because they didn’t seem to understand it. They mistook it for a political movement. It’s not really a movement. It’s not like we all got together in a castle somewhere and say, “well you are going to do this and I’m going to do this, and you’re going to do…”

“This was organic. This was people making their own efforts, figuring out how to do the comics they wanted to do, figuring out how to continue their careers, figuring out how to keep food on the table for their families, and also to serve their fans, the people who had supported them all these years and didn’t want them to go away,” he detailed.

Later Dixon states, “So like I said Comicsgate was a pejorative, it’s an insult. But some of the Comicsgate people embraced it like this is a badge of honor. I don’t really see it that way. I just think it’s kind of a dumb term. I don’t think it accurately describes what’s going on. I see it more as an independent creator revolution; a creator-owned revolution. 

After noting his own role in Comicsgate or the creator revolution with his contributions to Arkhaven Comics and Arktoons, Dixon addressed the question about waking up Marvel and DC. 

He said, “As far as waking up Marvel and DC, let them sleep. Let them stay asleep.”

English Actor Laurence Fox To Play Hunter Biden In Independent Film My Son Hunter, Aiming To “Tell The Story Of The Biden Family Corruption”

English Actor Laurence Fox To Play Hunter Biden In Independent Film My Son Hunter, Aiming To “Tell The Story Of The Biden Family Corruption”

Original Article By Josh Berger At BoundingIntoComics.com

English actor and founder of the Reclaim party Laurence Fox has announced that he will be playing (alleged) President Joe Biden’s son Hunter in an upcoming independent film titled My Son Hunter.

Produced by conservative Irish filmmakers Phelim McAleer and Ann McElhinney, who announced the film in March of this year, My Son Hunter aims to “tell the story of the Biden Family corruption.”

Sharing a clip on his personal Twitter account, Fox explained why he’s excited to play Hunter Biden in the upcoming independent project.

“I am so pleased to have been temporarily un-cancelled and asked to don my acting shoes once again to play #HunterBiden,” wrote the actor-turned-political leader on Twitter. “It is in no way a source of great pleasure to me that filmmakers are fighting back against the woke lecture that is modern drama.”

The actor then proceeded to explain that My Son Hunter is “a brilliant, surreal, and funny script,” adding that the reason why the film’s script will be so compelling is “mostly because it is true.”

Fox also reassured members of his political party that his role in the film did not mean he would be stepping back from his duties as party leader. For the time being, Deputy Leader of the Reclaim party Martin Daubney will be doing most of the work.

“But don’t worry, friends and foes, I’m not stepping back from my day job as leader of the Reclaim party,” Fox stated. “In fact, we will be making some exciting announcements in the next few weeks. But for the next few weeks I will be juggling two jobs at the same time and, therefore, the ever-valiant Martin Daubney will be keeping the ship steady until I return.”

Laurence Fox then detailed how he took the role because “The Hunter Biden story fascinates me so much, especially the vigour with which the mainstream media continues to try and suppress it.”

“I couldn’t resist the offer to enter his world and tell his truth. So on one level, we are both being un-cancelled. Hunter’s story and Hunter’s truth can finally be told.”

“I wonder if I can still act,” Fox then jokingly noted, before adding that he’s “about to find out.”

In regards to his repeated mentioned that he was previously cancelled, Fox is likely making allusion to an event that took place in November of last year.

According to The Independent, the Artists Rights Group, the agency that represented the English actor, came to the decision to drop Fox amid controversies stemming from alleged racist comments.

“I want to thank my acting agent who let me go on the phone just now for reaffirming exactly why I am doing what I’m doing,” Fox wrote on Twitter at the time. “Still waiting for a single example of anything I’ve ever said or done that could ever be deemed racist. We will reclaim freedom, fairness and common sense.”

The cancellation attempts against him also may have stemmed from a January 2020 episode of BBC’s Question Time, wherein Fox was rebuked by a university lecturer and race ethnicity researcher for “refuting claims that the media’s treatment of [Duchess of Sussex] Meghan Markle was racially motivated.”

“We are the most tolerant, lovely country in Europe,” stated Fox. “It’s so easy to throw the charge of racism at everybody, and it’s really starting to get boring now.” 

The university lecturer accused Fox of not understanding what Markle had been going through because he was “a white, privileged male,” to which the actor replied, “I can’t help what I am.”

“I was born like this,” argued Fox. “It’s an immutable characteristic. So to call me a white privileged male is to be racist. You’re being racist.”

NY Governor Refusing To Budge On Vaccine Mandate For Nurses: You’re Replaceable

NY Governor Refusing To Budge On Vaccine Mandate For Nurses: You’re Replaceable

Original Article By Emma Colton At FoxNews.com

Democratic New York Gov. Kathy Hochul remained adamant that health care workers get vaccinated by Sept. 27 in the state or be replaced. 

“To all the healthcare providers, doctors and nurses in particular who are vaccinated, I say thank you. Because you are keeping true to your oath,” Hochul said during a visit to Rochester Wednesday. “To those who won’t, we will be replacing people.”

“We are sending out a call statewide. There are facilities, for example in New York City, that 98% of their staff are vaccinated, they don’t have a worker shortage. We are working closely with these hospitals to find out where we can get other individuals to come in and supplement nursing homes and other facilities,” she added.

Her comments come after she had already said on Tuesday while visiting the Niagara power project that “those who refuse, we will find replacements.”

New York hospitals have already struggled with the vaccine mandate in recent weeks, with nurses in a maternity ward at an upstate hospital resigning over the state’s vaccine mandate earlier this month, forcing the hospital to temporarily halt all baby deliveries after Sept. 24. 

And more are expected to follow. 

Dr. Sarah Klein of the University of Rochester Medical Center told CBS6 that she knew resisting getting the vaccine could cost her job, which was confirmed this month after receiving a letter from the hospital.

“It’s kind of hard to see it writing. So it was a pretty sad moment and certainly not what I thought things would come to in my career at this point,” Klein said.

Nursing homes have also struggled with staffing shortages, with the head of Patient and Family Care at Strong Memorial Hospital saying it’s difficult finding long term care options as 15 of the nursing homes they refer patients to have paused new admissions.

“We always have a number of patients that are waiting for that nursing home bed offer for a variety of reasons that may be delayed but not to the degree that we are facing today,” said Kelly Luther. “It’s creating a situation in which we have to be more expansive about our reach for those referrals across the western region.”

Fishing And Hunting YouTube Channels Are Being Hit With Arbitrary Bans And Censorship

Fishing And Hunting YouTube Channels Are Being Hit With Arbitrary Bans And Censorship

Original Article By Didi Rankovic At ReclaimTheNet.org

A YouTuber who has a channel dedicated to fishing and has made the money he earns from it his main source of income has been demonetized, with animal cruelty cited as the reason by Google’s video platform.

Gideon Mettam’s “Gido’s Fishing Adventures” channel with some 100K subscribers that’s been on YouTube since 2014 has now been demonetized for a month.

The case once again highlights YouTube’s volatility in interpreting its own rules and a lack of clarity or interest in explaining decisions to ban or demonetize content.

This is evidenced in Mettam, of Albany, Western Australia, saying that he on one hand doesn’t believe his videos qualify for YouTube’s definition of what constitutes for animal cruelty – while on the other he has not been able to get any meaningful feedback on what’s wrong and how to rectify the situation.

Mettam also shared that the demonetization notice didn’t specify any videos that depicted animal cruelty, but only cited that “a significant portion” was guilty of this.

YouTube’s lengthy violent or graphic content policy section of the Community Guidelines also deals with animal abuse, distinguishing between videos of animals suffering made maliciously for the purpose to shock and disgust, but note that the platform “may” make exceptions when it comes to following activities: hunting, trapping, pest abatement, food preparation, medical treatment, or animal slaughter.

In its hallmark vague fashion, the guidelines add that the list of what is and isn’t allowed “isn’t complete” – clearly leaving space not only to add new forms of animal abuse, but also effectively new ways to interpret them. The rules do explicitly say that videos of dog fighting and similar are prohibited, while showing animals fighting in the wild are not, etc; when it comes to hunting, illegal practices like bombing and poison in order to catch prey are mentioned.

Mettam, who is known for going to great lengths and putting himself in dangerous situations such as descending down steep cliffs to catch fish, as well as for documenting camping in the wilderness on his own, disagrees that what he does means he is “doing nasty stuff” to animals simply to cause shock or disgust, as YouTube defines animal cruelty.

Instead, he said, “I just dispatch fish for feed and do it humanely.”

RSPCA Australia was asked to comment on the case by local media, and said that the amount of content on Mettam’s channel made it hard to assess if any of it crossed the line, advising instead anglers to avoid practices that would unnecessarily inflict pain.

At the same time, more YouTubers whose focus is on hunting and fishing are reporting they are experiencing difficulties on the platform, including 30 day demonetizations.

This was revealed by a YouTube creator behind one such channel, “BeefCake FLAIR,” who said he had been impacted with demonetization for four or five years already, and has now set up another channel, that already has 250K subscribers, in a bid to protect the main one whose following goes into millions.

This YouTuber also revealed that others who publish this kind of content are receiving emails from YouTube informing them about the decision to demonetize their channels.

And while he claims these channels did not actually violate YouTube rules since the platform allows hunting videos, many have started removing content that shows hunting, trapping, guns, catching and cooking animals, etc, in a bid to avoid having their revenue streams cut off.

He echoes the Australian angler’s complaint that YouTube is not making it clear what they are doing wrong, leaving them unable to better comply, or even know what argument to make in their favor when reapplying for monetization. And the timing also doesn’t seem like a coincidence to him, since YouTube started going after hunting channels just at the start of the hunting season.

The video mentions several affected channels, such as MinnDak Outdoors, señor bassfishing, Yappy, Mullet Man, all with subscriber numbers going into the hundreds of thousands.

Meanwhile, the creator behind “BeefCake FLAIR” (whose original channel, “FLAIR”, has 2.4 million subscribers) says he is being left without income just as he has a child on the way – and although he has launched a second channel, “the end goal is to find another platform.”

But he’s still unclear about “what’s actually going on” on YouTube.

“Just give some answers. We need some freakin’ answers YouTube. It’s not okay what’s going on,” he says.