Bitcoin struggles with $ 11,000 – Cardano back in the top 10

After retesting the lower edge of the sideways channel at $ 10,200, Bitcoin can rise again towards $ 11,000 at the weekend, but fails as in the previous weekcontinue to have a sustained outbreak. The situation on the overall market can initially be described as directionless. Although some top 10 altcoins such as Cardano (ADA), Chainlink (LINK) and Bitcoin SV (BSV) can recover significantly this week, the majority of the top 100 altcoins show price drops on a weekly basis. The loser among the top 10 altcoins this week is the Binance Coin (BNB), which is down by almost two percent compared to the week. Altcoins in particular, which have been bullish in recent weeks, are currently suffering from increased profit-taking. The price movements in Crypto Bank will now have a significant impact on the price direction on the overall market in the coming days.


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After a significant correction of around 50 percent since the all-time high was reached at the end of July 2020, Cardano can recover significantly this week. Starting from the weekly low at $ 0.075, the ADA price rose a good 20 percentage points back in the direction of the 65th Fibonacci retracement in the last few days of trading. This enabled Cardano to regain the resistance area from horizontal resistance and EMA200 (blue) at $ 0.089 and the supertrend at $ 0.097. Today, Monday, the price continues to rise directly above the EMA100 (yellow) at 0.102 US dollars and is currently trading at 0.106 US dollars.


If the bulls can break this chart mark on the daily closing price, a rise to the cross resistance at $ 0.115 is likely. If this resistance level is also broken up dynamically, a march through to the 78 Fibonacci retracement at 0.125 US dollars is to be planned. If there is a bullish breakout in the direction of $ 12,000 in Bitcoin, ADA should also continue to rise and target $ 0.135. In the future, a retest of the all-time high of 0.154 US dollars would also be conceivable in the event of positive development in the overall market. For now, the maximum price target can be seen in this area.

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This week’s bullish reversal has sidelined the bears for now

However, if the ADA rate does not make it back over the broken green upward trend line and rebounds significantly downwards at the latest in the area of ​​0.115 US dollars, another correction towards 0.090 US dollars is conceivable. If this support does not stop at the EMA200 area and the price continues to fall in the direction of the weekly low at $ 0.075, an extension of the correction in the room.

If the bear camp can push Cardano’s price below the 38 Fibonacci retracement at $ 0.070, consolidation to near $ 0.053 is likely. If the overall market continues to develop bearishly and ADA also gives up support at US $ 0.50, a price slide down to US $ 0.037 is also conceivable in the medium term. The red downtrend line and an important horizontal support from 2019 run in this zone. However, as long as Cardano can assert itself above the EMA200, the bullish scenario is preferable.

Samsung launches pilot test for blockchain tracking of drugs

Blockchain technology is becoming more and more interesting for the pharmaceutical industry.

Samsung SDS, the subsidiary of the large electronics group specializing in IT solutions, plans to carry out several pilot tests for the blockchain-supported distribution of drugs in November. The aim of these tests is to make the traceability of drug distribution as transparent as possible.

According to the news portal Yankup , the Samsung Group’s IT arm announced the pilot program called “Disruptive Innovation Technology for Tracking Drug Distribution ” as part of the BioPharma Cold Chain Logistics Event in the South Korean capital, Seoul.

The spokesman for Samsung SDS is said to have confirmed that „several“ pharmaceutical companies, logistics companies and medical institutions have already applied to participate in the pilot tests.

Lee Eun-young, lead researcher at Samsung SDS, says the tests should take between three to six months. He also explains:

„The drug tracking service will make it easier for companies to comply with applicable legal requirements and to incorporate innovative solutions that enable product-specific management, real-time tracking and automatic reporting functions.“

As part of the announcement, the Samsung IT subsidiary disclosed that, among other things, a temperature measuring device connected to the Internet of Things (IoT) is being used for the tests, as well as a control element for the automatic recording of incoming and outgoing goods. This is intended to “minimize handwritten processing”, and returns can be verified automatically.

If the pilot tests are successful, the system is to be released for the market, although it must first obtain national and international approvals, which is expected to last until June 2021.

Finally, Lee emphasized the great potential of blockchain technology to the media:

According to forecasts, the added value created by the blockchain for the healthcare sector will increase from 176.8 million US dollars in 2018 to 5.61 billion US dollars in 2025. By 2025, 55% of all IT solutions should be in the Healthcare work with blockchain. „

Not only the health industry, but also South Korea is increasingly relying on the innovative technology. Daegu, the fourth largest city in South Korea, has announced that it intends to invest 6 million US dollars in blockchain and artificial intelligence .

Avviso di truffa mentre il presidente della Columbia „appoggia“ l’era Bitcoin

Nemmeno il presidente colombiano è esente dall’essere impersonato dai truffatori della Bitcoin.

La polizia colombiana ha emesso un avviso sui truffatori

La polizia colombiana ha emesso un avviso sui truffatori che promuovono un sito web di truffa Bitcoin agli utenti dei social media.

L'“annuncio“ sul lancio di un falso sistema di investimento relativo ai Bitcoin è stato presumibilmente „approvato“ da Ivan Duque, Presidente della Colombia.

Secondo la Colombia Check, citando una dichiarazione del Centro di Polizia Cibernetica, il sito promuove un’opportunità di investimento Bitcoin (BTC) che Duque, si dice, offrirà „sollievo alla crisi economica innescata dalla pandemia del coronavirus“.

Il post sostiene che il presidente ha firmato „il più grande affare del secolo“ per creare una piattaforma chiamata Bitcoin Era, e i cittadini potrebbero iniziare presto a „generare redditi attraverso le crittocurrenze“.

Il sito presenta un’intervista con l’apparente CEO di Bitcoin Era, Diego García, che spiega come funziona il sistema. Tuttavia ci sono alcuni suggerimenti per la truffa.

In primo luogo, l’intervista è stata appena copiata da un’altra di un anno fa dal „CEO“ di un altro sito di truffa, Crypto Genius. In secondo luogo, la foto usata nel post del blog appartiene a un certo Youtuber e doppiatore, Pete Accetturo.

I truffatori hanno anche aggiunto recensioni di falsi utenti che hanno testato il sistema di falsificazione.

Una delle foto degli utenti, di nome José Ruiz

Una delle foto degli utenti, di nome José Ruiz, è in realtà uno studente messicano, Adán Cortés, che è diventato famoso per essersi introdotto alla cerimonia del premio Nobel per la pace dell’attivista afghana Malala Yousafzai.

Lo stesso tipo di truffa è utilizzato in diversi paesi anche dai truffatori. Il presentatore televisivo britannico ed ex star di X-Factor, Rylan Clark-Neal, ha avvertito i suoi seguaci di „falsa intervista“ affermando che Rylan aveva fatto „milioni con Bitcoin“.

Il 18 aprile, l’ex star del Celebrity Big Brother ha twittato che su Facebook circolava un’intervista fraudolenta che impersonava la pubblicazione britannica The Daily Mirror.

Inoltre, Hugh Jackman, Gordan Ramsey e Martin Lewis hanno fatto causa a Facebook per essere stati impersonati da truffatori Bitcoin sulla piattaforma nel 2018.