Monero-Mining Death Metal Band from 2077 Warns Humans on Lizard People Extinction Scheme – Cointelegraph Magazine
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4 Monaten ago
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“Thank you for calling the Clinic of Advanced Biological Computing, this is Dr. Elliott Fisher.”
So began the strangest conversation I’ve had as a journalist, with a time-traveling group of Monero-mining musicians from the year 2077.
A couple of months ago, Andrew Fenton wrote a story for Cointelegraph Magazine on crypto-related conspiracy theories. That story, and in particular the artwork that accompanied it, caught the attention of Fisher and his three colleagues — lead singer and linguist Professor Lee Shoar, engineer Keith Gubbins on bass, and mathematician Sir Anthony Calise on drums.
The four men arrived in 2020 with a mission to warn the human race about the emergence of the Lizard People, a race of beings currently living among us who are “pulling the strings in government” and sowing misinformation, such as the notion that the Earth is a sphere.
According to the band, collectively known as X OE A-Viii, climate change that will lead to human extinction is a direct result of the Lizard People’s desire to terraform the Earth to their own desired temperature — which is significantly hotter than is optimum for human existence. And in a week in which Death Valley recorded the highest verifiable temperature ever measured on Earth, the band’s message could hardly be more timely.
“We finally realized what they were doing,” says Shoar, “And we came back to warn humans what they were up to, using the medium of Brutal Truth Music.”
Brutal Truth Music, it should be noted, contains traces of the Sasquatchian language — the native tongue of the people we know today primarily through their elusiveness, and by many names including Bigfoot, Yeti, and the Sasquatch. It is to these people that Fisher suggests we must turn, if we are to prevent Earth from falling into the hands of the Lizard People forever.
What you are about to read may prove disturbing. Discretion is advised.
They came from a different planet…
Fisher and Shoar explain that the Lizard People began populating the Earth in 1997, after remotely operating machinery in the oceans that began to warm the planet for some years before First Contact.
“A lot of them were taking human form,” says Fisher. “But once they grew over six feet… well as they got older they got bigger, which is why we see them a lot more in 2077. They’re now in what they consider their prime age. They live to be about three hundred years old.”
Spotting a Lizard Person can be tough in 2020, says Fisher.
“Mark Zuckerberg, he’s one. I guess you guys had kinda figured that one out. And Elon Musk. He’s a warrior, trying to win people over. He got Joe Rogan replaced by a Lizard Person.”
As for the mission, “We’re hoping to change our timeline,” says Fisher, who describes a dystopian future in which the Lizard People have already killed all the giraffes and are moving toward a climate that cannot support human life. “It was a horrible thing,” he continues reflectively. “And after we brought back dinosaurs in 2050, they tried to weaponize those creatures, which was a mistake because Jurassic dinosaurs — we had it wrong — they were not predatory animals, they were vegan. That was just abusive.”
But the insidious nature of their mission goes beyond the slaughter of innocent creatures — and right to the heart of our perception of reality.
“What the Lizard People are producing online for us to read, is not true. What you think of as conspiracy theories in this age, maybe you start realizing they’re not that far out there. There are still people in 2077 who cling to this crazy idea of a Round Earth, left over from your time.”
Allies in the fight against Lizard People
Help, however, is at hand — albeit from a surprising quarter.
Fisher explains that 2077 marked a potential turning point in the fight against Lizard colonization, when the leader of the Sasquatch people, Jerrrry Mitchell, passed away — prompting the travelers to employ Calise’s formula for time distortion in order to change the course of an increasingly-desperate future for humans.
“As soon as the Sasquatch people know that humans stand with them and don’t want to hurt or harm them, they will come into the limelight and they’ll be our number one defense against the Lizard People,” says Fisher.
But communication with the Sasquatch has been stymied over the years by a combination of the inherent shyness of the race, and human attempts to track and capture one of their people. And although humans are dimly aware of certain major centers of Sasquatch activity, such as northern Michigan and Nepal, interaction between the races has been limited.
Professor Shoar explains that this needs to change, quickly, if humans have any hope of reversing the terraforming process, and he demonstrates a number of phrases that we can employ to alert the Sasquatch people to the fact that our intentions toward their race are benign.
December is proving to be another blockbuster month for Bitcoin as the flow of institutional investors injecting funds into Bitcoin continues to increase.
Business intelligence firm MicroStrategy announced that it had raised $650 million worth of convertible bonds at a rate of 0.75% due in 2025. The company now plans to invest the net proceeds in Bitcoin after identifying its “working capital needs and other general corporate purposes.”
When institutional investors show such a large appetite to buy Bitcoin (BTC) near the all-time high, it is no surprise that the corrections have been shallow.
Tyler Winklevoss said in a recent interview with CNBC that institutional investors are worried about the “oncoming inflation and the scourge of inflation with all the money printing and the stimulus from the COVID pandemic lockdowns.” Hence, they have been putting money into Bitcoin.
Crypto market data daily view. Source:Coin360
Today, Bitcoin price surged back above the $19,000 level and it may challenge the psychological $20,000 resistance. If this level is broken out with conviction, it may create FOMO among retail traders as many have not participated in the current rally.
If money from retail investors also starts gushing in, then Bitcoin could pick up momentum and start the next leg of the up-move.
Along with Bitcoin, there are a few altcoins that may participate in the up-move next week. Let’s study the charts of the top-5 cryptocurrencies in order to spot the critical support and resistance levels to watch out for.
BTC/USD
Bitcoin closed below the 20-day exponential moving average ($18,435) on Dec. 10 and 11. However, the long tail on the Dec. 11 candlestick shows that the bulls purchased the dip instead of panicking and dumping their positions.
BTC/USDT daily chart. Source: TradingView
The price rose above the 20-day EMA on Dec. 12 and this could have trapped some aggressive bears who went short in the past few days expecting a sharp fall. This short covering and buying by the bulls pushed the price above the descending channel today.
The price has again reached the $19,500 to $20,000 overhead resistance zone. If the bulls can thrust the price above this zone, the next leg of the uptrend could begin.
Conversely, if the price again turns down sharply from the current levels and plummets below $17,500, it could signal that a short-term top is in place. Such a move could pull the price down to the next support at $16,191.02.
The 20-day EMA has started to turn up and the relative strength index (RSI) has rebounded off the 50 level, which suggests that bulls have the upper hand.
BTC/USDT 4-hour chart. Source: TradingView
The 4-hour chart shows an ascending triangle formation, which will complete on a breakout and close above the overhead resistance zone. This setup has a target objective of $23,576.
However, the bears are currently attempting to stall the up-move at the $19,500 resistance. If the price turns down from the current levels, the bulls are likely to buy on any dip to the 20-EMA. A strong rebound off this support will improve the prospects of a breakout above $19,500.
This bullish view will be invalidated if the BTC/USD pair turns down from the current levels and breaks below the trend line of the triangle.
A breakdown of a bullish setup traps several aggressive bulls and that could result in panic selling. If that happens, a drop to $16,191.02 may be on the cards.
ETH/USD
Ether (ETH) has broken out of the descending channel, which suggests advantage to the bulls. The price can now move up to the $622.807 to $635.456 overhead resistance zone.
ETH/USDT daily chart. Source: TradingView
The RSI has bounced off the midpoint and broken out of the downtrend line, which suggests that bulls have the upper hand.
If the bulls can push the price above the resistance zone, the next leg of the uptrend could begin. Although there could be some pit stops in between, the next target is $800.
On the other hand, if the ETH/USD pair turns down from the overhead resistance but does not give much ground, it will be a positive sign and will increase the likelihood of a breakout of the resistance zone.
This bullish view will be invalidated if the price turns down from the current levels and re-enters the channel. Such a move will suggest that the current breakout was a bull trap.
ETH/USDT 4-hour chart. Source: TradingView
The 4-hour chart shows an ascending triangle formation, which will complete on a breakout and close above $622.807. The moving averages on the verge of a bullish crossover and the RSI is in the positive territory indicate that bulls have the upper hand.
This positive view will be invalidated if the price turns down from the current levels or the overhead resistance and breaks below the triangle. Such a move could result in a drop to $488.134.
XMR/USD
Monero (XMR) completed an inverse head and shoulders pattern on Dec. 7 but the bears quickly dragged the price back below the neckline on Dec. 9. However, the bulls again purchased the dip to the 20-day EMA ($133) and propelled the price back above $135.50 on Dec. 11. This suggests aggressive buying at lower levels.
XMR/USDT daily chart. Source: TradingView
The upsloping moving averages and the RSI above 66 suggest advantage to the bulls. The target objective of the breakout from the bullish setup is $167.
However, the bears may have other plans. They are likely to defend the psychological level at $150. If the price turns down from this resistance but rebounds off the $135.50 support, it will suggest that bulls are accumulating at lower levels.
On the contrary, if the price drops below the $135.50 support and the 50-day SMA ($124), it will suggest that the bears are back in the driver’s seat.
XMR/USDT 4-hour chart. Source: TradingView
The 4-hour chart shows the formation of an ascending triangle pattern that completed on a breakout and close above $142.50. However, the XMR/USD pair has not picked up momentum and the price is stuck inside the $142.50 to $150 range.
If the bulls can thrust the price above $150, the uptrend could resume with the next target at $162.50. The upsloping moving averages and the RSI in the positive zone suggest that the path of least resistance is to the upside.
XEM/USD
NEM (XEM) soared on Dec. 12 and the price reached the $0.27688 overhead resistance today. The bears are currently attempting to stall the up-move at this resistance.
XEM/USDT daily chart. Source: TradingView
However, if the bulls do not give up much ground from the current levels, it will suggest that traders are not booking profits in a hurry. That could keep the price range-bound near the overhead resistance.
The upsloping 20-day EMA ($0.209) and the RSI near the overhead resistance suggest that the path of least resistance is to the upside. If the bulls can propel the price above $0.27688, the XEM/USD pair could move up to $0.3564607.
XEM/USDT 4-hour chart. Source: TradingView
The bears are aggressively defending the overhead resistance. If the price rebounds off the 20-EMA, it will enhance the prospects of a breakout of $0.27688. The upsloping 20-EMA and the RSI in the positive zone suggest bulls have the upper hand.
Contrary to this assumption, if the price breaks below the moving averages, a drop to the trendline is possible. A break below this support will suggest that the bulls have lost their grip.
AAVE/USD
AAVE is trading inside an ascending channel. The price turned down from the $95 overhead resistance on Dec. 8, but the positive sign is that the bulls have purchased the dip to the 20-day EMA ($77).
AAVE/USDT daily chart. Source: TradingView
The RSI has once again bounced off the midpoint and the 20-day EMA has started to turn up. This suggests that the correction may be over and the bulls are back in control. The first target on the upside is a retest of the $95.
If the bulls can push the price above $95, the next leg of the up-move could begin. The $100 psychological level may act as a resistance but if the bulls can drive the price through it, the AAVE/USD pair could rise to the resistance line of the channel at $112.
This bullish view will be invalidated if the price turns down from the current levels and plummets below the support line of the channel. Such a move will suggest that the trend has turned in favor of the bears.
AAVE/USDT 4-hour chart. Source: TradingView
The price turned up from $70.564, just above the support line of the ascending channel but the bears are attempting to stall the relief rally at $86.14.
If the bulls can push the price above this resistance, the pair could rise to $95. A break above $95 could start the next leg of the uptrend.
On the other hand, if the price turns down from $86.14, the pair may form the right shoulder of a possible inverse head and shoulders pattern. This view will be negated if the price dips below the $70.50 support.
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.
19-year-old Ukrainian politician reports crypto holdings of $24M in Monero
Published
3 Wochen ago
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Dezember 9, 2020
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A newly appointed official in Ukraine has officially declared his cryptocurrency holdings, including a significant amount of privacy-focused cryptocurrency Monero (XMR).
Rostyslav Solod, a 19-year-old deputy of the Kramatorsk regional department and the son of Ukrainian politicians Natalia Korolevska and Yuriy Solod, reported holdings of 185,000 XMR, worth about $24.5 million at publishing time.
According to a declaration published on Dec. 2, Solod became the owner of this Monero fortune back in March 2015, when he was 14 years old.
At the time, Monero was trading at around $0.50 per coin, meaning that the market price for this acquisition was around $90,000. According to the declaration, this acquisition cost Solod’s family 1.6 million hryvnias (about $65,000, according to the exchange rate in March 2015). The declaration indicates Solod’s Monero holdings as property.
In March 2020, the Ukrainian National Agency on Corruption Prevention released a set of guidelines for officials to report their crypto holdings. Public officials should disclose the name of the assets, the purchase date, the quantity and the overall value of the crypto on the last day of the reporting period.
However, according to Michael Chobanian, a major crypto advocate in Ukraine, these recent requirements are poorly enforced. He told Cointelegraph:
“Right now there is no penalty for not providing the correct information in the declaration and […] they can just write anything. And no official government organization has the tools or skills or ability to check how much crypto you have or whether you actually have it.”
Chobanian further suggested that some officials could claim to own crypto in order to hide illegal assets. “You can even probably declare 100 million BTC, because no one would understand and check,” he said.
Bulls eye the $19.5K resistance but low volume keeps Bitcoin price sideways
Published
3 Wochen ago
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Dezember 8, 2020
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Today was a relatively uneventful day for Bitcoin (BTC) as the price continues to consolidate into a tighter range.
As mentioned by Cointelegraph contributor Rakesh Upadhyay, Bitcoin price spent the weekend consolidating within a bull pennant and the breakout to $19,418 was quickly stamped out by overhead resistance.
After retouching the pennant trendline, the price gave way, falling below the 20-MA on the 4-hour time frame and briefly losing the $19,000 mark.
Crypto market daily price chart. Source: Coin360
Generally, most traders seem to agree that after a raging 93% rally from $10,300 to $19,888, a period of consolidation is necessary. Cointelegraph analyst Micheal van de Poppe said:
“On the higher timeframe, Bitcoin is still acting as it was last week. We are still acting in the all-time high resistance zone. I still have my eyes on $16K, which we bounced from, and $14K as these areas still could be retested as support. Holding $19K is important and if we have a daily close below $18.9K I think we’ll fall through.”
On the daily and 4-hour timeframe traders will note that the price is still notching lower highs and higher lows, a sign that the price range is beginning to narrow.
BTC/USDT 4-hour chart. Source: TradingView
Currently the price is still holding within the pennant trendline as support but a breakthrough the structure will require a high volume move as there is persistent overhead resistance at $19,500.
As mentioned in previous analysis, a drop below the $18,800 level will see BTC search for support at $17,900, and below that the $16,000 to $15,750 range.
For the short term, risk-averse traders are likely to keep a close eye on the 4-hour chart to see if the price can again find support above the 20-MA in order to burst through the pennant. It is imporant to note that this move will require signifanct volume to avoid rejection in the $19,400-$19,500 resistance zone.
Bitcoin daily price chart. Source: Coin360
Typically, during Bitcoin’s consolidation phases altcoins pump higher but that has not been the case this time.
While a selection of DeFi tokens and other obscure altcoins have moved higher, the majority of the top-20 coins are in the red today.
This is possibly due to the fact that investors are reluctant to shift funds into altcoins while the Bitcoin price is in such an indecisive position.
Experienced crypto investors know that a strong bullish breakout from BTC could result in altcoin-to-BTC pairs being crushed, whereas a bearish breakdown in BTC price tends to result in BTC and USD altcoin pairs receiving an equally catastrophic pummeling.
A few standouts of the day are, AAVE with a 8.54% gain, Monero (XMR) which moved 5.19% higher and Waves (WAVES) which has rallied 6.23%.
According to CoinMarketCap, the overall cryptocurrency market cap now stands at $566.5 billion and Bitcoin’s dominance index currently at 62.6%.