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New Zealand Christchurch Shooter Brenton Tarrant Made Money Investing in BitConnect

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A document, widely circulated online as the manifesto of Christchurch shooter Brenton Tarrant, hints how he made money from crypto investments.

Brenton Tarrant, the Australian man behind today’s ghastly attack at two mosques in Christchurch, New Zealand, reportedly made money from BitConnect investments.

49 people were confirmed dead by New Zealand police commissioner Mike Bush as of press time.

The death toll could rise further as the shooting, believed to be the worst the country has witnessed in recent history, left many survivors seriously wounded.

An Unconfirmed Manifesto

A document claimed to be the manifesto of the Christchurch shooter surfaced online shortly after the attack.

Titled “The Great Replacement: Towards A New Society” the 73-page manifesto features various details regarding who Brenton Tarrant is and what prompted him to carry out the heinous attack.

Among other things, the document portrays Tarrant as an “ordinary White man, 28 years old” who was “born in Australia to a working class, low-income family.”

Tarrant, believed to have authored the so-called manifesto, also added that he never opted for

higher education as he “had no great interest in anything offered in the University to study.”

Instead, he worked for a while and made some investments in BitConnect. The manifesto reads:

“I worked for a short time before making some money investing in BitConnect, then used the money from the investment to travel.”

For those out of the loop, BitConnect was an open-source cryptocurrency and a peer-to-peer payment protocol connected with the bitconnect.co, a platform claiming to be a high-yield investment program.

BitConnect found itself at the receiving end of US law enforcement after the Texas State Securities Board issued a cease-and-desist notice alleging that the company was operating a Ponzi Scheme.

The charges brought against BitConnect included failure to disclose earnings as mandated by the law and filing inaccurate/misleading statements.

On Jan 17, 2018, BitConnect was officially shut down, causing the price of the cryptocurrency to plummet over 90%.

Note that Blokt can not independently verify the authenticity of the document. Our editorial team has decided against covering the rest of the manifesto because of its distasteful and disturbing content.

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Cryptocurrencies price prediction: Bitcoin, Ripple & Bitcoin Cash – European Wrap – 23 January

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Bitcoin Price Prediction: BTC/USD in lock-step trading as $9,000 becomes a mirage – Confluence Detector

The market is deep in the red, starting with Bitcoin’s 1.92% loss on the day. Altcoins are also trimming the gains accrued from last weekend led by Ethereum Classic’s 5.42% dive, IOTA’s 5.39% decline and Bitcoin Golds 4.67% loss.

XRP transactions cannot be blocked, Ripple’s CTO explains why

Ripple’s XRP, now the third-largest digital asset with the current market value of $10.0 billion has

lost 3% in recent 24 hours. The coin bottomed at $0.2280 during early Asian hours and recovered to $0.2300 by the time of writing. The coin has been moving in sync with the global cryptocurrency market, driven by strong bearish sentiments amid growing volatility.


Bitcoin Cash miners told to donate 12.5% of their revenues to support the ecosystem

Bitcoin Cash, the fourth largest digital asset with the current market value of $6.1 billion has lost 2.5% in the recent 24 hours amid global correction on the cryptocurrency market. At the time of writing, BCH/USD is changing hands at $335, off the recent high registered at $404.

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Cryptocurrencies price prediction: Bitcoin, Ethereum & Litecoin – European Wrap – 22 January

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Bitcoin Price Prediction: BTC/USD technicals align for another assault at $9,200 – Confluence Detector

Following an incredible week of bullish performance that saw Bitcoin correct upwards from $7,700 to $9,200, consolidation is setting in as traders get ready for another attack on $9,200. The recovery, not unique to Bitcoin, pushed most altcoins significantly upwards. Some like Bitcoin Cash, Bitcoin SV, Dash and Ethereum Classic, corrected above key descending trendline resistances. The growth among the altcoins has led to a decrease in Bitcoin’s dominance in the market.

fxsoriginal

Ethereum Price Analysis: ETH/USD moves within short-term upside channel

Ethereum, the second-largest digital asset with the current market value of $18.5 billion, bottomed out at $161.11 on January 20 and has been gaining ground ever since. The coin has gained over 1% on a day-to-day basis and stayed mostly unchanged since the beginning of Wednesday. ETH/USD attempted a rise above $171.00, but the move proved to be unsustainable and the coin slipped back below $170.00 level.

Litecoin price analysis: LTC/USD bulls desperate to push the price above $60.00
Litecoin, the 7th largest digital coin with the current market value of $3.6 billion, hit the intraday high at $59.14 and retreated below $58.00 by the time of writing, LTC/USD is changing hands at $57.95, mostly unchanged both on a day-to-day basis and since the beginning of Wednesday.
The coin has been range-bound with bullish bias since it hit $55.34 on January 19.  Litecoin’s price movements are affected mostly by speculative sentiments and technical factors.
 

 

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Cryptocurrencies Mildly Positive to hit resistance levels

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In the last 24 hours, cryptocurrencies were drifting, and trading was thin. After a failed attempt to dump the sector at 18:30, buyers came in and aborted it, driving the price of Bitcoin (+1.35%)  300 points up. Ethereum Classic (+8%) and Bitcoin SV (+7.6%) continue leading the advances, followed by Binance coin (+5.47%). In the Ethereum Token section, HEDG (+4.3%) continues its advances. SNX(+6.8%), OMG(+6.67%), THETA (+7.14%)  NEXO(+6.3%) are among the best top performers. Whereas, GNT(+24%), LPT (+37.7%) and WPR(+74%) lead the advances.

24-hour Crypto Heat Map

The market capitalization of the sector went up 1.3%, to $243.337 billion. That was accomplished on a traded volume of $29.566 billion (-14.15%).  The dominance of Bitcoin descended slightly and is currently 65.63%.

24H Crypto Market Cap and Traded Volume

Hot News

US congress is going to discuss a bill that will make it easier for people to pay using bitcoin. The proposal called the Virtual Currency Fairness Act of 2020, which was introduced on Thursday proposes a tax exemption on transactions under $600.

Bitfinex has added a feature on its trading platform, which allows creating up to 100 linked accounts to one master account. That feature was demanded by institutional traders. It can also be used to deploy multiple strategies. “A trading fund can divide trading accounts between different traders, and reconcile profit and loss across each trading account” (source: The Block).

Investment firms Goldman Sachs and Blackrock are in talks with major China banks backing blockchain technology: According to a report published by dailyhodl.com Goldman Sachs is seeking to acquire 51% stake in a joint venture with Industrial Commercial Bank of China (ICBC), whereas Blackrock is in negotiations with Singapore Temasek Holdings Pte. to create a joint wealth management

firm with state-owned China Construction Bank.

Technical Analysis – Bitcoin

Bitcoin 4H

Bitcoin is suffering from heavy selling pressure near $8,000. After the large upward candle made yesterday, the asset tried to break the $8,000 barrier, but, so far, the price has been rejected. On the technical side, we see the MACD has made a bullish crossover, and the price is slightly above the mean-line of the Bollinger bands, and touching its 50-period SMA.  The close above $8.8K is vital for the buyers who seek BTC to climb to the 9k area. The outlook is still bullish, but a failure to break above $8800 would create more downward pressure.

SupportPivot PointResistance
8,5608,670 8,760
8,3808,860
8,2009,000

Litecoin

Litecoin 4H

Litecoin is behaving slightly more positive than the rest discussed here. The price managed to make a close above $53.3 and is trying to move forward to test its $60 key level. The price is moving near the +1SD line, and the MACD is also bullish. Thus, if the rest of the sector holds, we see LTC seeking to test the highs made on Jan 17.

SupportPivot PointResistance
55.957.1 58.6
53.960
51.562.5

Litecoin

Litecoin 4H

Litecoin is behaving slightly more positive than the rest discussed here. The price managed to make a close above $53.3 and is trying to move forward to test its $60 key level. The price is moving near the +1SD line, and the MACD is also bullish. Thus, if the rest of the sector holds, we see LTC seeking to test the highs made on Jan 17.

SupportPivot PointResistance
55.957.1 58.6
53.960
51.562.5

LItecoin

Litecoin 4H

Litecoin is behaving slightly more positive than the rest discussed here. The price managed to make a close above $53.3 and is trying to move forward to test its $60 key level. The price is moving near the +1SD line, and the MACD is also bullish. Thus, if the rest of the sector holds, we see LTC seeking to test the highs made on Jan 17.


SupportPivot PointResistance
55.957.1 58.6
53.960
51.562.5

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