Ripple Executive Questions Evidence of Satoshi's Identity
- Evidence Dispute: Ripple executive David Schwartz questions the New York Times' identification of Adam Back as Satoshi Nakamoto, arguing that his denial does not constitute strong evidence, highlighting that the debate over Satoshi's identity remains unresolved.
- Logical Challenge: Schwartz points out that any denial may be influenced by bias, thus it does not serve as valid evidence, challenging the understanding of evidentiary standards and emphasizing the importance of interpreting denials in a contested context.
- Market Reaction: Despite XRP trading around $1.33 with a 1.27% drop over 24 hours post-news, the market's response did not lead to significant price fluctuations, indicating a cautious attitude among investors regarding the controversy.
- Media Reporting Consistency: Multiple outlets, including TechCrunch and The Guardian, note that the identification of Back relies primarily on linguistic patterns and historical posts rather than cryptographic signatures, further indicating that the current evidence remains inferential rather than conclusive.
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Technical Analysis for SATS
Technical Sentiment Analysis for SATS (Ordinals) (SATS). As of , SATS (Ordinals) (SATS) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 4 indicators are flashing buy, while 4 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 | 0.00000000911 | 0.00000000981 | 0.0000000105 | 0.0000000112 | 0.0000000118 | 0.0000000125 | 0.0000000132 |
| Fibonacci | 0.00000000981 | 0.0000000103 | 0.0000000106 | 0.0000000112 | 0.0000000117 | 0.000000012 | 0.0000000125 |
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