Stock Alert: Equillium Up 14 After FDA Clears COVID-19 Trial Of Itolizumab

Stock Alert: Equillium Up 14% After FDA Clears COVID-19 Trial Of Itolizumab

By RTTNews Staff Writer | Published: 10/30/2020 10:40 AM ET


Image by Gerd Altmann from Pixabay

Shares of Equillium, Inc. (EQ) are gaining more than 14 percent or $0.86 in Friday's morning trade at $6.86.

Thursday, Equillium said it has received FDA clearance to commence a phase III clinical trial of Itolizumab in hospitalized COVID-19 patients suffering from acute respiratory distress syndrome or ARDS. The company plans to begin patient enrollment in the trial named EQUINOX in the fourth quarter, with initial clinical data expected mid-year 2021.

Equillium has traded in a range of $2.20 to $27.05 in the past 52 weeks.

For comments and feedback contact: editorial@rttnews.com

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Article written by an RTT News Staff Writer, and posted on the RTT News.com website.

Article reposted on Markethive by Jeffrey Sloe

The True Bitcoin Breakout Hasn’t Even Happened Yet Volatility Shows

The True Bitcoin Breakout Hasn’t Even Happened Yet, Volatility Shows

— November 1, 2020 in BTC Reading Time: 2min read

Bitcoin has undergone a massive rally over the past two weeks. From the lows set after the news broke regarding OKEx, the leading cryptocurrency has surged higher by almost 25%. As of this article’s writing, Bitcoin trades for $13,800.

Despite this rapid move to the upside, not all analysts are convinced that the true Bitcoin breakout has taken place. That’s to say, Bitcoin could soon see even more explosive movement.

Bitcoin Hasn’t Even Seen Its True Breakout Yet

A crypto-asset analyst shared the chart below on October 31st, sharing the sentiment that Bitcoin’s volatility is still barely off the lows. The chart below depicts BTC’s one-day historical volatility index since the start of the year. As can be seen, volatility is still far below the highs that were printed during March’s over 60% correction.

This analysis suggests that once Bitcoin breaks the trendline depicted in green, it will begin a move of macro importance. While current trends suggest that will be a move to the upside, BTC could reverse lower from here if another liquidity crisis were to transpire.


Chart of BTC's historical volatility index since the start of 2020 shared by crypto trader and chartist Big Chonis (@Bigchonis on Twitter). Source: BTCUSD from TradingView.com

Bitazu Capital’s Mohit Sorout thinks that this volatility results in a strong move to the upside. He recently shared the chart below, showing how low Bitcoin’s macro volatility is right now compared to historical levels.

Price Discovery Above $20,000 May Happen

The actual breakout is expected to take Bitcoin above $20,000. Cryptocurrency analyst “Light” recently shared that the leading cryptocurrency could see “price discovery over $20,000” once retail investors re-enter the space.

“The retail segment is not overheated whatsoever currently. It will be soon though. Price is leading public interest. This is a telltale sign of smart money entering while retail has their heads buried in the sand. Once the latter catches up to the former, we’ll be in price discovery over $20,000.”

Tyler Winkelvoss and other investors in the space think Bitcoin will pass $20,000 by the end of 2020. The leading cryptocurrency is currently a 45% rally away from achieving that milestone.

Featured Image from Shutterstock
Price tags: xbtusd, btcusd, btcusdt
Charts from TradingView.com
The True Bitcoin Breakout Hasn't Even Happened Yet, Volatility Shows

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The original article was written by Nick Chong and posted on NewsBTC.com.

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Bitcoin monthly candle closes above 13K for the first time since 2017

Bitcoin monthly candle closes above $13K for the first time since 2017

The monthly Bitcoin price candle closed above $13,000 for the first time since 2017 when BTC hit an all-time high of nearly $20,000.


Image courtesy of CoinTelegraph

            NOV 01, 2020

The monthly candle of Bitcoin (BTC) for October has closed above $13,000 for the first time since December 2017. It comes after both daily and weekly candles all closed above the crucial resistance level.

Traders often use the monthly log chart to evaluate the long-term and macro trend of an asset. On a monthly chart, each candle represents a whole month of trading activity. As such, a Bitcoin monthly log chart typically covers many years of trading activity.

The monthly chart is considered to be one of the main high time frame charts alongside the weekly chart. A clear breakout above an important level, like $13,000, on the monthly chart, indicates a technical breakout.


The monthly price chart of Bitcoin. Source: TradingView.com (Click image for larger view)

$13,000 breakout means $20,000 is near

As Cointelegraph previously reported, Ark Invest’s Cathie Wood emphasized the importance of the $13,000 level.

Wood, who manages $11 billion in assets under management at Ark Invest, said there is little resistance between $13,000 and $20,000. This means if Bitcoin breaks out on a high time frame chart, the probability to rise to a new record-high could get higher. She said:

“That $13,000 [level] is important because if we were to get through that, then in technical terms, there would be very little resistance and we would probably be on our way back to the peaks we saw in late 2017 — so, around $20,000. Now, we’re not sure if that is going to happen. We could stay in a new trading range, just at a little bit of a higher level than the recent six to 10. Maybe we’re in the $10,000 to $13,000 range. Nonetheless, a breakout.”

Although the price of Bitcoin hit $20,000 in 2017 and $13,970 in 2019, the monthly candle never closed above $13,000. This is because BTC saw sharp rejections during both peaks, which then rattled the market.

The recent rally is particularly optimistic because it has shown a more sustainable staircase-like uptrend. As the price rose, it established clear support levels, making the rally more stable.

What do traders expect in the near term?

In the immediate future, traders are readying for a minor pullback. Technically, the monthly chart of Bitcoin closed significantly higher above key short-term moving averages.

A pseudonymous trader known as “Loma” said BTC would likely drop to around $13,100, and resume the rally. The 5-day moving average on the Bitcoin monthly chart is found at $12,256, so a drop to low $13,000s would be healthy for the rally. Loma wrote:

“The gameplan is we’re going to nuke $BTC to $12.9-13.1k, which is just enough for shorts to pile on expecting $12-12.4k retest, then we use them as nuclear fuel to drop the biggest bearnuka candle upwards leaving shorts in Liquidation Land.”

Similarly, Michael van de Poppe, a full-time trader at the Amsterdam Stock Exchange, said a drop to sub-$12,000 could also occur.

As Cointelegraph reported, a Bitcoin pullback entering November would place even more pressure on the altcoin market. Bitcoin has sucked most of the volume from the cryptocurrency market, which means that if BTC goes down, the selling pressure on altcoins would likely intensify.

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Original article posted on the CoinTelegraph.com site, by Joseph Young.

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Bitcoin BTC Inflow into Crypto Exchanges Hits 3 Year Low

Bitcoin (BTC) Inflow into Crypto Exchanges Hits 3 Year Low

John P. Njui   •   BITCOIN (BTC) NEWS   •   OCTOBER 31, 2020

Summary:

  • Bitcoin inflows into crypto exchanges have hit a three year low
  • Bitcoin balances on exchanges have also hit a 2 year low
  • The reduction in both cases, hints of continual confidence in the future value of BTC
  • Bitcoin’s scarcity is finally kicking in after halving
  • Bitcoin briefly tested $14,100 before falling back to $13,600 then stabilizing above $13,800
  • Today’s monthly close will be a very bullish one for Bitcoin

Fewer Bitcoin investors and users are sending their BTC to crypto exchanges. This is according to data from CryptoQuant that highlights that the Bitcoin inflow transaction count of all crypto exchanges has hit a three-year low. The team at CryptoQuant shared this information via the following tweet with an accompanying chart highlighting the drop in Bitcoin transactions into exchanges.

Bitcoin Stored on Exchanges Hits a 2 Year Low

At the same time, the amount of Bitcoin stored on crypto exchanges has hit a two year low. This fact was highlighted by the team at Unfolded via the following tweet which includes a chart from Glassnode demonstrating the fact.

Less Bitcoin to Go Around

In an earlier analysis, it was pointed out that prominent CEOs and publicly listed companies such as MicroStrategy are quietly scooping up the Bitcoin in circulation. A drop in the amount of Bitcoin being sent to exchanges and low BTC balances on the same platforms is proof that there is massive accumulation by institutional investors and high-net-worth individuals.

As a result, the amount of Bitcoin available for retail traders is bound to continue diminishing by the day and will ultimately result in BTC mooning as demand grows with a reducing supply.

Bitcoin Briefly Breaks $14k

With respect to Bitcoin mooning, earlier today, the King of Crypto pushed hard above the $13,800 and $14k resistance zones to print a 2020 high of $14,105 – Binance rate. However, as soon as this value was reached, the price of Bitcoin fell to the $13,600 price area only to stabilize once again above $13,800.

The quick drop down and subsequent bounce is a clear indicator that buying demand for Bitcoin is at a high level. This means that Bitcoin will most likely close the month of October above $13,600 thus returning BTC back to bullish territory last seen in June 2019.

The current bullishness carries with it greater momentum than that seen in 2019 given the fact that institutional investors are scooping up as much Bitcoin as they can find. Therefore, it might be possible for Bitcoin to attempt $17k or even $20k before the end of the year.

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Original article posted on the EthereumWorldNews.com site, by John P. Njui.

Article re-posted on Markethive by Jeffrey Sloe

Ripple’s XRP On The Verge Of Something Big As Number of Whales Reach Astronomical Levels

Ripple's XRP On The Verge Of Something Big As Number of Whales Reach Astronomical Levels

By Ponvang Bulus – October 31, 2020

Despite XRP's seemingly weak performance in the market, data from the crypto information platform Santiment reveals that the number of XRP whales is on the rise. The number has increased in the last six months with the number of whales holding 100,000 to 10,000,000 XRP seeing an astronomical rise.

Those holding 100 thousand to 1 million increased by 19.7% from 14,525 to 17,387 whales. This is the category of whales that recorded the highest increase. Those holding 10 million or more XRP increased by 10.4% from 280 to 309 while those holding 1 million to 10 million coins recorded the least increase of 2.2% from 1,307 to 1,336 whales.


(Click image for larger view)

Investors still have confidence despite poor price performance

Since XRP reached its all-time high of $3.53 in January 2018, it has dropped continuously to the current price of $0.247. This is in spite of other altcoins posting huge growth such as LINK which has been one of the best performing cryptocurrencies this year. Because of the stagnated growth, Tether (USDT) also replaced it as the 3rd largest cryptocurrency by market capitalization.

The increasing number of whales holding the cryptocurrency however is a sign that investors still believe there is a bright future for XRP. The XRP community also known as the XRP army is one of the strongest cryptocurrency communities in the space and they have held on for a long time, believing that the cryptocurrency will increase in price to $589. Though they have been fiercely criticized for this optimism, it may not be all crazy as the mass adoption of a cryptocurrency is an important driver of price action. As more whales continue to accumulate, the price may eventually follow, but it is not certain when this may happen.

Market update

The market experienced a pullback yesterday with Bitcoin retracing towards $13,000. However, it has bounced back and XRP is not left behind. It has gained 2.84% in the last 24 hours and my gain even more as the market continues to boom.

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DISCLAIMER

The views expressed in the article are wholly those of the author and do not represent those of, nor should they be attributed to, ZyCrypto. This article is not meant to give financial advice. Please carry out your own research before investing in any of the various cryptocurrencies available.

The original article written by Ponvang Bulus and posted on ZyCrypto.com.

Article reposted on Markethive by Jeffrey Sloe

Ethereum Reaches Bedrock Support Against BTC as Sellers Run Out of Fuel

Ethereum Reaches Bedrock Support Against BTC as Sellers Run Out of Fuel

By Cole Petersen – October 31, 2020 in ETH Reading Time: 2min read

Ethereum is in the process of trying to reclaim its key $380 support level following a brief dip below it earlier today.

The cryptocurrency has been struggling to gain any momentum despite the intense strength seen by Bitcoin as of late, which is currently grinding up towards its key resistance at $13,800 as buyers maintain full control over its price action.

Although BTC and ETH have been highly correlated in the past, they are now trading fully independent from one another.

This correlation only returns when BTC is showing signs of weakness, which places immense pressure on Ethereum.

The weakness seen by ETH as of late is particularly transparent while looking towards the cryptocurrency’s Bitcoin trading pair.

One analyst is noting that ETH/BTC has now reached a bedrock support level that he has been watching for quite some time. A strong defense of this level could confirm it as a long-term bottom and help catalyze a strong rebound in the days ahead.

Conversely, a break below this level would be dire.

Ethereum Struggles to Match Bitcoin’s Momentum as Bulls Try to Reclaim $380 

Earlier this week, Bitcoin faced a dire rejection at $480 that caused its price to see some immense short-term weakness that has since been erased.

Before this rejection, Ethereum was stable within the lower-$400 region. The subsequent BTC decline to lows of $12,800 caused ETH to reel all the way down to lows of $370.

It is now in the process of trying to reclaim its $380 support level but remains well below its multi-week highs of $420, while Bitcoin is just a stone’s throw away from setting fresh 2020 highs.

It is unclear when or if there will be a rotation of capital out of the benchmark cryptocurrency and back into altcoins.

Trader: ETH Reaches Critical Support Level

One trader explained in a recent tweet that Ethereum has now reached what he describes as a crucial support level on ETHBTC that he has been watching for quite some time.

He said that he is now lightening up on his bearishness and will reassess once the monthly candle closes tomorrow.

“I’ve been short biased (&short) ETH for quite a while now anticipating weakness into the monthly close. That has largely played out. Now that we’re hitting supports on the ETHBTC chart I’m going to lighten up and reassess once the monthly chart has actually closed.”


Image Courtesy of DonAlt. Source: ETHUSD on TradingView. (Click image for larger view)

Unless Bitcoin dives lower in the near-term, there’s a possibility that Ethereum will start bottoming out and recoup some of its recent losses.

Featured image from Unsplash.
Charts from TradingView.

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The original article written by Cole Petersen and posted on NewsBTC.com.

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VectraCoin a New Altcoin That Will Definitely Go to the Moon

VectraCoin – a New Altcoin That Will Definitely Go “to the Moon!”

By Guest Author – Published on October 17, 2020

If you decide one day to invest in cryptocurrency, you should choose first what you are going to buy. Of course, you should know the basics of blockchain technology, be able to create cryptographic wallets and execute transactions properly. But still, the main thing is to figure out that this cryptocurrency is profitable and later it can be sold at a higher price. There is no clear answer to the question: “Which cryptocurrency to invest in?” Before investing money, you should study the market and analyze the prospects of the particular project. Pay attention to the following:

A) The degree of popularity in the blockchain community. If the trading ticker of this crypto coin can be found on the majority of outstanding exchanges and news, which is related to its peer-to-peer network is published by authoritative blockchain publishers, then it means that it is one of the most lucrative cryptocurrencies. Tokens of this network can be easily sold and if you invest money in this project, you will most likely not suffer a loss whatever the outcome.

B) Ease of making transactions. Authoritative blockchain companies produce several types of wallets and besides their coins are supported by many third-party developers of multi-currency storages. It is very important for an investor to have a reliable cryptocurrency wallet (ideally a hardware wallet).

C) Security. Based on the above, we can make a conclusion that a promising network should be carefully protected from hackers. The best cryptocurrencies running on POW should have a quite powerful network to minimize the chance of an attack to 51%. And if the project you have chosen uses an alternative consensus algorithm, then it should have a well-thought-out scheme of protection against unscrupulous validators.

So, why VectraCoin?

1) Multilevel blockchain

VectraCoin is developed on a multilevel blockchain. What does it mean? It allows you to combine the features of coins that at first glance are incompatible, For example for VectraCoin, these are smart contracts (which imply publicity) and complete anonymity, on the analogy of Monero with the help of a one-time signal. This is the most important characteristic of Vectra, because of which, everyone predicts that VectraCoin will take the rightful place on the top 10 Coin Market Cap in 2021.

2) Transaction speed

The Bitcoin network processes 7 operations per second, and Ethereum processes 15 operations per second. The speed of VectraNetwork is up to 1000 operations per second, which allows it to compete not only with competitors in the crypto market, but also with fiat money, and Visa and MasterCard.

3) Security and anonymity

Thanks to the integration of the CryptoNote algorithm, it is impossible to link the sender and recipient to any specific person. The network and its transactions are completely anonymous thanks to a single-time ring signature. Of course, Vectra is also a decentralized system. No single center regulates VectraCoin, which allows making transactions directly without government or other control.

4) Support for smart contracts.

It is enough to look at the Ethereum and understand how this characteristic has helped ETH take a worthy second place in terms of capitalization among all cryptocurrencies. The parties sign a smart contract using methods similar to signing of sending funds on existing cryptocurrency networks. After signing by the parties, the contract is being saved in the blockchain and comes into effect, and none of the participants of the transaction has any doubts that the transaction is done.

5) Pre-ICO stage

There is no better time than now for investing in Vectra. Technical implementation of the coins is almost done, the project team has almost completed working on it, and besides Vectra tokens are being sold at $100 per token now. And at the time of the coin's release in 2021, even at the most conservative estimates, the cost would be no less than $1,000 per one token, and after entry into the market, it may reach $5000.

Sum up

When choosing a cryptocurrency for investment, do not stop at one project, no matter how attractive it may be, do not expect that the price will double tomorrow, and do not panic at the first drawdown of the exchange rate. In addition to the above-mentioned startup, confidential cryptocurrencies such as Zcash, Dash, and Monero deserve attention too. As well as young promising digital coins on the MibleWimble protocol and a number of other altcoins.

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The original article was written by a Guest Author and posted on NewsBTC.com.

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Why I Am a One-Issue Voter

Why I Am a One-Issue Voter

Ocy 28, 2020 by Jerry Newcombe

The issue of abortion has barely come up in the debates of Election 2020. But for many of us, it is still the issue that matters most.

I am a one issue voter, without apology, and that issue is abortion. I’m against it. If a politician thinks it is acceptable—whatever the rhetoric—to deliberately kill a living, developing human being in the womb, that politician is wrong. And he or she will never have my vote.

The issue of life is so basic. It is even the first Creator-given right listed in our nation’s birth certificate, the Declaration of Independence. Without life, how can there be liberty or the pursuit of happiness or the right to property? Or any other right?

Those politicians who get the issue of life wrong tend to get just about everything else wrong.

With the window to the womb that science provides today, the emperor has no clothes when they say that a baby is not being killed.

Remember the case of Abby Johnson, manager of a Texas Planned Parenthood clinic and “Planned Parenthood Employee of the Year,” who resigned her lucrative position when she saw a sonogram of an abortion in her own clinic? She suddenly realized that this was not a clump of tissue being cleansed away. This was a tiny little human being in the making, fighting a losing battle against a high-power suction machine. Her book (with Cindy Lambert), Unplanned, chronicles all this.

In this election, there has arisen a group that claims to be “evangelical” and “pro-life” that in reality supports pro-abortion politicians. Who are they fooling? What they claim is that the “pro-life” position goes beyond simply the issue of abortion to such issues as “climate change.” All they do is to attempt to dilute the phrase “pro-life” so that it loses its real meaning: opposition to abortion.

For example, they claim that being “pro-life” means being against racism, which they inconsistently argue somehow necessitates voting for pro-abortion candidates. Imagine that—fighting racism by supporting Black genocide. The fact is, abortion kills almost 30 percent of Black children in the womb—and more than half of them in New York City.

It is well documented that Margaret Sanger, the founder of Planned Parenthood, the nation’s largest abortion provider, was a racist.

On December 10, 1939, in a letter to her board member, Dr. Clarence J. Gamble, Sanger wrote, “We don’t want the word to go out that we want to exterminate the Negro population.”

Alveda King, the niece of Martin Luther King, Jr., told me in a television interview: “During her lifetime Dr. Margaret Sanger said ‘colored’ people are like weeds and they need to be exterminated.” No wonder that the vast majority of Planned Parenthood facilities—to this day—are in the minority neighborhoods.

Former Vice President Joe Biden used to be (supposedly) “moderately pro-choice.” But now he’s shifted to the position of accepting abortion up to the moment of birth. And he believes we the taxpayers should fund it. His running mate is fiercely pro-abortion. As attorney general of California, Kamala Harris prosecuted and persecuted David Daleiden, the pro-life whistle-blower who made “60 Minutes”-style undercover videos, documenting that abortionists were trafficking in baby body parts for profit. 

In contrast, President Donald Trump has been described by Steven Ertelt, editor of Lifenews.com, as “the most pro-life president in history.”

Since a president chooses judges and the senate confirms or rejects them, abortion is definitely on the ballot in Election 2020. And there is stark contrast between where the parties stand on this life-and-death issue.

At D. James Kennedy Ministries, we provide a simple party platform comparison on a variety of key issues. Here’s the comparison on the issue of life:

  • Republicans: “We assert the sanctity of human life and affirm that the unborn child has a fundamental right to life which cannot be infringed.”
  • “Democrats believe that every woman should be able to access high-quality reproductive health care services, including safe and legal abortion.”
  • The Word of God: “For you formed my inward parts; you knitted me together in my mother’s womb. I praise you, for I am fearfully and wonderfully made.” (Psalm 139:13-14)

We hear endlessly about evils from Americans in times past—especially slavery. I firmly believe that future generations will look back at us and see the rampant practice of abortion, and they will judge us for the slaughter of millions of unborn babies—even more deplorable in light of the window to the womb we have through modern technology.

Christians need to vote our values, and the issue of life is the most important of these.

Thomas Jefferson said that he trembled when he considered that God is just and that His justice cannot slumber forever. No, indeed it won’t.

###

Jerry Newcombe, D.Min., is the senior producer and an on-air host for D. James Kennedy Ministries. He has written/co-written 32 books, e.g., The Unstoppable Jesus Christ, American Amnesia: Is American Paying the Price for Forgetting God?, What If Jesus Had Never Been Born? (w/ D. James Kennedy), and the bestseller, George Washington's Sacred Fire (w/ Peter Lillback)   djkm.org  @newcombejerry     www.jerrynewcombe.com

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Article written by Jerry Newcombe, and posted on the AmericanVision.com website.

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One of the Most Despicable Senate Speeches Ever Given

One of the Most Despicable Senate Speeches Ever Given

Oct 28, 2020 by Gary DeMar

Since Donald Trump beat Hillary Clinton and the Democrats in 2016, Democrats have said some very bad things about him, his supporters, and the United States.

The nomination and confirmation of Amy Coney Barrett has driven these people to the lowest of low when it comes to disparaging people they disagree with.

How many times have you heard Democrats tell us that Joe Biden will unify the nation. Don't you believe it. There is no common ground between the Democrats and Republicans. The Democrats are revolutionaries dressed up in nice clothing. They are content to let their revolutionary minions burn down our cities while they bloviate that Trump supporters will destroy Democracy.

The following speech was given by Sen. Chuck Schumer of New York.

Today, Monday, October 26, 2020, will go down as one of the darkest days in the 231-year history of the United States Senate.

Let the record show that tonight, the Republican Senate majority decided to thwart the will of the people and confirm a lifetime appointment to the Supreme Court in the middle of a presidential election, after a more than sixty million Americans have voted.

Let the record show that tonight, the Republican majority will break 231 years of precedent and become the first majority to confirm a Supreme Court Justice this close to election day.

And let the record show that tonight, the Republican majority will make a mockery of its own stated principle—that the American people deserve a voice in the selection of Supreme Court Justices—completing the partisan theft of two seats on the Supreme Court using completely contradictory rationales.

Let the real record show that Pres. Trump was elected for four full years, a term that does not expire until around mid-January 2021.

Let the record also show that the people did vote on Pres. Trump's promise to nominate constitutionalists to the Supreme Court if the opportunity arose.

And let the record show that the American people—their lives, and rights, and freedoms—will suffer the consequences of this nomination for a generations.

I hope Schumer is right about this, but not in the way he intends it.

This entire debate can be summed up in three lies propagated by the Republican majority, and one great, and terrible truth.

The first lie is that the Republican majority is being consistent in following its own standard. What rubbish.

After refusing a Democratic nominee to the Supreme Court because an election was eight months away, they will confirm a Republican nominee before an election that is eight days away.

What’s Leader McConnell’s excuse? He claims that the principle of not confirming Justices in presidential years only applies when there’s divided government. But this is what Leader McConnell said after Justice Scalia died: “The American people should have a voice in the selection of their next Supreme Court Justice.”

*****

But in his tortured, convoluted history lesson, Leader McConnell left out a whole bunch of chapters. He omitted that Republicans bottled up more than 60 judicial nominees by President Clinton, refusing them even a hearing. He made no reference to the decision by Republican Senators to hold open 14 appellate court seas in the 1990s so that a Republican president could fill them instead—a tactic Republicans would revisit under President Obama, when Republicans used partisan filibusters to block his nominees to the DC circuit.

*****

Again, elections have consequences. And let's not be naïve here. Democrats would have done the same thing. This is the way the game is played. In the case of Supreme Court Justice Amy Coney Barrett, the Republicans finally figured it out that you can't compromise with the Democrats.

Let's not forget how the Democrats treated Robert Bork, Clarence Thomas, and Brett Kavanaugh. Schumer's criticisms are falling on deaf ears. Hopefully the Republicans have learned their lesson. Even Mitt Romney and Lisa Murkowski voted to confirm Barrett.

And the third and perhaps the greatest lie is that the Republican majority is confirming Judge Barrett solely on the basis of her qualifications, not based on her views on the issues.

My colleagues insist that Judge Barrett should be confirmed on her credentials alone. That’s all they talk about. They don’t talk about her views on the issues, only qualifications.

Well, this canard is about as transparent as a glass door. Everyone can see right through it. What is the real reason Republicans are so desperate to rush Judge Barrett onto the Supreme Court? Of course it’s not because of her qualifications!

*****

As if the Democrats don't choose justices based on their views. The fact that every Democrat opposed Judge Barrett because of her views demonstrates what hypocrites they are. What they really don't like about Judge Barrett's views is that she exposed how the Supreme Court has been used as a second legislative branch by the Democrats who could not pass their infernal laws through Congress.

Republicans would never dare to attempt to repeal Roe v. Wade in Congress, so they pass onerous laws in state legislatures, that they control, to drive that right to point of near extinction, and then provoke the Supreme Court to review Roe v. Wade. The far-right has never held a majority on the Court to limit Roe v. Wade or Griswold. But if Judge Barrett becomes Justice Barrett—it very well might.

The Left is all about upholding stare decises. Once the SCOTUS rules on an issue, it is permanent law. Period. It can never be looked at again. The fact that so many decisions have been made by five unelected judges should trouble every American. Again, the Supreme Court is not our legislative branch of government.

Stop pretending that there aren’t entire organizations dedicated to advancing far-right judges.

Stop pretending that the political right doesn’t spend millions of dollars to prop up the far-right Federalist Society and support certain judicial candidates because they  only want “qualified judges.”

No—they want to systematically and permanently tilt the Courts to the far-right.

Once again we see the blatant hypocrisy of Schumer as if the Democrats and their Leftist special interest groups and media accomplices don't work to steer legislation and court decisions to the political radical Left.

Only a few hours ago, the Republican Senator from Missouri proudly declared from the Senate floor that Judge Barrett is the most “openly pro-life judicial nominee to the Supreme Court” in his lifetime. “This is an individual,” he said of Judge Barrett: “who has been open in her criticism of that illegitimate decision, Roe v. Wade.” He was being more honest than most of the talk we’ve heard—saying it’s only about qualifications.

In the end, it's all about killing unborn babies. Who could have imagined 50 years ago that a United States Senator could extol the right of women to kill her unborn children from the point of conception to the point of birth? But that's what Chuck Schumer is calling for and wants engraved in stone, locked in a vault, and protected by a military force.

And I will add, homosexual rights and the 70+ genders that go with this abomination. You see, Chuck Schumer has a vested interest in this since his daughter is a homosexual who has "married" a woman. Let's not forget that presidential candidate Joe Biden supports eight-year-olds making a decision to change their sex.

Schumer went blathering on for a few more minutes declaring that the Republicans will regret nominating a constitutionalist to the Supreme Court who may bring sanity to a government body that has been out of control for most of its establishment.

Here's the most hypocritical and blackest remark made by Schumer, and he didn't even know how blatantly evil it was.

Generations yet unborn will suffer the consequences of this nomination.

Can you believe that he said this? "Generations yet unborn"? This from a the man and his party that has no regard for the unborn.

Schumer closed with this: "Monday, October 26, 2020: it will go down as one of the darkest days in the 231-year history of the Senate."

"One of the darkest days in the 231-year history of the Senate" was having to listen to Sen. Chuck Schumer's litany of Leftist propaganda, moral evil, and hypocrisy.

Rush Limbaugh is right:

This is not the old 'Republicans versus Democrats,' where we all have the same objectives, just different philosophies on how to get there. They do not have those objectives any more. Their purpose is to erase the Constitution, start over rewriting it, eliminating the concept of 'The citizen has rights which prevail over government.'

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Article written by Gary DeMar, and posted on the AmericanVision.com website.

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Crypto fear index’ can now be used to peek into the future

Crypto ‘fear index’ can now be used to peek into the future

Option traders seem to be quite fearful in October.


Image courtesy of CoinTelegraph

            OCT 30, 2020

The Crypto Volatility Index, or CVX, is now live as a beta test and proof of concept. The index tracks the implied volatility of crypto options in a similar fashion to the volatility index used in stock markets.

The VIX is usually referred to as the “stock market fear index,” as it often spikes in anticipation of major downward moves.

The CVX operates under a very similar mechanism. It tracks the implied volatility of a basket of crypto options, primarily for Bitcoin (BTC) and Ether (ETH).

Options are a derivative product that gives buyers the option, but not the obligation, to purchase or sell an asset at a certain strike price and at a certain date in the future. To be able to do this, they pay sellers a premium, which generally depends on factors such as the time until expiry and the overall expectations of future volatility, called implied volatility.

Implied volatility refers to how much traders think a certain asset will move either higher or lower, and it differs from realized volatility, which is how much the asset actually moved. Due to this, it can be considered a leading indicator of large price movements, though options traders may not always be correct about their predictions.

The volatility index aggregates these predictions of the future across a variety of option premiums to provide a generalized overview of the market.

The CVX could also be traded, allowing investors to hedge their bets by betting on volatility to go higher or lower. The team said that it works in a very similar way to the VIX, using the Black-Scholes formula to calculate implied volatility from option premiums.

The CVX is a decentralized finance product that features its own governance token under the same name. The protocol will initially support volatility trading with ETH and Tether (USDT), while CVX tokenholders will be able to make some of the decisions about the future of the platform.

Nevertheless, the current beta version relies on centralized options platforms like Deribit. In the future, DeFi protocols for trading options are expected to be included as well.

The index currently includes data for just over a month, but it highlights moments of elevated fear such as the OKEx withdrawal issues, which triggered a CVX all-time high around Oct. 21.


Source: CVX Finance (VSource: CVX Finance (Click image for larger view)

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Overall, the crypto market appears to be in a state of elevated fear as of late October, though it is difficult to judge the significance of these values without a longer track record.

As the index matures, it may become an important staple in a trader’s arsenal to see what the market is predicting for future price action.

Crypto derivatives platforms remain somewhat underdeveloped though, and implied volatility figures seen now may not always make sense when analyzed by veteran traders.

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Original article posted on the CoinTelegraph.com site, by Andrey Shevchenko.

Article re-posted on Markethive by Jeffrey Sloe