Blockstream CEO Discusses Satoshi Nakamoto Identity Speculation
- Identity Speculation Response: Blockstream CEO Adam Back stated that the speculation about him being Satoshi Nakamoto is “flattering,” but he firmly denies being the Bitcoin creator, attributing the misunderstanding to his active participation in the 1992 Cryptography Mailing List.
- Regulatory Framework Discussion: During the LONGITUDE event, OKX Europe CEO Erald Ghoos remarked that the MiCA regulatory framework is extremely beneficial for the crypto industry, although he cautioned that overregulation could stifle innovation in Europe, potentially driving startups to other jurisdictions.
- Stablecoin Market Status: Stella Foundation's Chief Business Officer Raja Chakravorti highlighted that the current stablecoin circulation stands at approximately $317 billion, reflecting a 50% increase from last year, but he noted a short-term cooling in the market, indicating that the underlying infrastructure is maturing.
- Legislative Progress Outlook: Cardano Foundation CEO Frederik Gregaard expressed optimism about the passage of the US CLARITY Act, asserting that once enacted, it will significantly enhance traditional industries' adoption of crypto technology, potentially leading to a 100-fold increase in engagement.
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Technical Analysis for SATS
Technical Sentiment Analysis for SATS (Ordinals) (SATS). As of , SATS (Ordinals) (SATS) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 4 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SATS stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, SATS is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
SATS (Ordinals) (SATS) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | -0.000000006 | 0.00000000256 | 0.00000000868 | 0.0000000172 | 0.0000000234 | 0.0000000319 | 0.000000038 |
| Fibonacci | 0.00000000256 | 0.00000000817 | 0.0000000116 | 0.0000000172 | 0.0000000228 | 0.0000000263 | 0.0000000319 |
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