Julian Assange in bid to postpone court hearing – 9News

WikiLeaks founder Julian Assange will make a bid to postpone his US extradition hearing due to ongoing lack of access to his lawyers in London's locked-down Belmarsh prison.

The Australian met his lawyers in person for the first time in a month in the holding cells of Woolwich Crown Court earlier this week.

Assange directed them to ask District Court Judge Vanessa Baraitser to postpone his next hearing, which is set for May 18.

His lawyers will cite the ongoing lack of access to their client, the inability of key witnesses to attend and the lack of proper media scrutiny if the hearing continues amid lockdown.

WikiLeaks ambassador Joseph Farrell says it's clear the hearing can't go on in the current environment.

"Julian's lawyers cannot prepare adequately, witnesses will not be able to travel, and journalists and the public will not have free, adequate and safe access to the proceedings," he said in a statement on Friday.

"Justice will neither be done, nor seen to be done."

WikiLeaks also said Assange won't attend Monday's hearing at Westminster Magistrates Court in person or via videolink due to medical advice that "moving to, and using, the video link room in the prison is too great a risk".

Judge Baraitser has previously knocked back Assange's bid to sit with his lawyers in the courtroom, rather than the dock.

She also denied his bail application two weeks ago, when his lawyers argued Assange was in danger of contracting the coronavirus in prison.

Assange faces 17 charges of violating the US Espionage Act and one of conspiring to commit computer intrusion.

He's accused of publishing thousands of secret US diplomatic and military files, some which revealed alleged war crimes in Iraq and Afghanistan.

The charges carry a total of 175 years' imprisonment.

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Julian Assange in bid to postpone court hearing - 9News

Readers Write: Corporate farming, decisions amid disease, presidents and the press (and Julian Assange) – Minneapolis Star Tribune

An unintended consequence of the pandemic appears to be the revealing of the dark underbelly of our corporate farming system. I refer to Shift in egg demand shuts down a farm (Business, April 22).

The unfortunate farmer mentioned in the article has a contract to raise and care for 61,000 egg-producing chickens. Due to decreased demand, the entire flock of 61,000 chickens was euthanized all at one time. Why couldnt some of those chickens be given away to people that are experiencing food insecurity? The farmer is left with nothing, and since he is not an employee but rather only has a contract, he is eligible for nothing from his employer and that is exactly what he got. What a dehumanizing portrait this story paints of the large-scale food chain we have come to accept in our never-ending quest for cheap nutrition.

The next section of the story continues on down the supply chain, to the facility in Big Lake where all those eggs were previously processed for institutional use. The entire workforce of 300 people was laid off. The factory is owned by Cargill, one of the biggest food companies in the world. It doesnt answer to stockholders because its privately owned. Cargill has tried hard to promote a reputation of philanthropy and concern for the environment, but maybe keeping employees on the payroll for a few months instead of putting them on the public dole would also be a noble effort. Again, a very telling portrait of a corporation that has tried so hard to make itself look like it cares about people.

Catherine Fuller, Minneapolis

DECISIONS AMID DISEASE

Then, like now, intertwined events. Now, also: competing interests.

We learned a lesson of the 1918 flu pandemic at an early age (Let us learn from those who died in 1918, Opinion Exchange, April 22) as related by our mother who was 9 at that time. In horse and buggy, she and an aunt fled from their Kettle River home as fire raged from Moose Lake to Duluth in October of that year. More than 350 people perished. However, this environmental disaster also led to the death of many who survived the fire.

With soldiers returning home from the Great War bringing the disease with them, the flu virus spread throughout the area where survivors of the fire had crowded into the few remaining buildings, unable to heed the advice given by officials to remain apart. Many died in those buildings, including my mothers mother and uncle.

Today we have these deadly three intertwined types of events again plaguing us climate change, bringing fires and floods; armed conflicts, and pandemics. Comprehensive solutions are needed, as each affects the others.

Kathleen Laurila, Crystal, and Anita Kovic, Lakeville

Watching, reading and listening to stories about the demonstrations to #OpenMN, I just assumed that this is the second side of the story about our current situation. The first side is the need to stay at home and open businesses based on a plan that keeps our many front-line angels safe and prevents overloading our health care services. The second, but no less critical, side is the need to get people back to work so they can afford rent or mortgage, groceries, utilities, child care and other essentials of life.

Then I saw an open up the state clip on television (it wasnt local) that included a brief comment from a person participating in the demonstration. This person said that the businesses should be opened because we want to buy what we want to buy and go get our hair cut. This was my awakening to there being a third side to this story self-interest.

Rebecca Fuller, Woodbury

PRESIDENTS AND THE PRESS

Of classified information, espionage and Julian Assange

William Beyer (Obamas war on media was more harmful, counterpoint, April 22) criticizes the Obama administration for prosecuting 10 government employees and contractors for disclosing classified information to the press. Part of his argument is that the Espionage Act should not be used to prosecute U.S. citizens because it was enacted during World War I to protect the country against spies for foreign governments.

Elsewhere in the article, he talks about the odious and patently unconstitutional use of the Espionage Act to suppress free speech .

Stealing classified information from the government and making it public is espionage, not leaking. It is completely appropriate and not at all unconstitutional to prosecute people who do such activities. The issue is not free speech, it is the protection of government secrets.

Beyer says that the U.S. government has harassed Julian Assange. It appears that he regards Assange as a leaker or whistleblower who is merely exercising his right to free speech. Assange is accused of helping Chelsea Manning steal classified information, then publishing that information. Helping someone to steal classified information is espionage, not free speech.

James Brandt, New Brighton

Though their articles were positioned as point and counterpoint, both John Rash (A pointed report on Trump and the media, April 18) and Beyer actually wrote strong complementary defenses of the First Amendment. And thats a good thing, because the prognosis is not looking rosy, is it?

Our bellwether is the imperiled Julian Assange, founding publisher of WikiLeaks. Assange has been the target of a ferocious smear campaign over the past decade, such that arguing in his defense nowadays can feel like talking with 12-year-olds about Slenderman.

The Assange smears are rooted in the Swedish sex-crime allegations of August 2010. However, the investigation was upended last September by Nils Melzer (U.N. special rapporteur on torture) in a 19-page report (bit.ly/2NXUAEN).

Melzer revealed that the Swedish government shopped prosecutors, manipulated evidence, disregarded exculpatory evidence and refused to guarantee non-rendition. Bureaucratic procrastination was pervasive throughout, amid interference from British and U.S. security services. Sweden closed its Assange investigation shortly after Melzers authoritative report was published.

Whatever your imagined complaint against Assange (careless redaction, Russian agent, blood on his hands, not a journalist), please be skeptical of tainted information and dig deeper. Its time to let the sunshine in the reason, after all, that the First comes First.

Drew Hamre, Golden Valley

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Readers Write: Corporate farming, decisions amid disease, presidents and the press (and Julian Assange) - Minneapolis Star Tribune

UK slips down press freedom index, partly due to ongoing persecution of Julian Assange – The Canary

The UK has now fallen to 35th position in the latest World Press Freedom Index from Reporters Without Borders (RSF). One reason for scoring the UK behind 34 other countries was that Wikileaks founder Julian Assange received a disproportionate prison sentence of 50 weeks for breaking bail.

Regarding Assange, the latest report said:

The Home Secretary gave the green light to the court to consider the US extradition request, and Assange remained in custody at the high security Belmarsh Prison despite widespread international concern for his health and treatment, including by the UN Special Rapporteur for Torture.

The persecution and detention of Julian Assange has faced much criticism. Hip-hop artist Lowkey, for example, previously spoketoThe Canary about the importance of whistleblowers and media freedom. A statement from Veterans for Peace UK (VfP UK) in 2019, meanwhile, explainedhow theIraq War LogsandAfghan War DiariesfromWikiLeakshad:

revealed the true human cost of our wars in the Middle East. Wikileaks acted in the public interest by releasing these documents and Julian Assange, as a journalist, was right to publish in association with newspapers including The Guardian, The New York Times, Le Monde, and Der Spiegel.

RSF has long criticised Washingtons determination to hound Assange. Back in 2010, meanwhile, it called on the UK to guarantee respect for his defence rights despite the extreme tension surrounding this case; and it slammed the blocking, cyber-attacks and political pressure being directed at WikiLeaks. It also stressed:

WikiLeaks has played a useful role by publicising serious human rights violations that were committed in the name of the war against terror during the past decade.

RSF has criticised the UK governments treatment of Assange ever since. The last time the UK ranked above 30 in the index was 2013, when it came in 29th place.

RSF explained:

the UKs domestic press freedom record remained cause for concern throughout 2019. The killing of journalist Lyra McKee whilst observing rioting in Derry in April, and continued threats to journalists covering paramilitaries in Northern Ireland, underscored the need for urgent attention to the safety of journalists; however there was no apparent progress towards the establishment of a National Committee for the Safety of Journalists and a National Action Plan on Safety of Journalists as announced by the Department of Digital, Culture, Media and Sport in July.

It also mentioned that:

Counter-terrorism and crime legislation adopted during the year contained worrying provisions that could restrict reporting and put journalists data at risk. The London Metropolitan Police pursued the publication of leaked information from diplomatic cables as a criminal matter. Strategic Lawsuits Against Public Participation (SLAPPs) were used as a means to attempt to silence public interest reporting, such as in defamation cases brought by Arron Banks against journalist Carole Cadwalladr. During the general election campaign, the Conservative Party threatened to review the BBCs licence fee and Channel 4s public service broadcasting licence if the party returned to government.

Featured image via Flickr dgcomsoc

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Bitcoin Has Now 100% Recovered From $3.7K Lows, Decoupling From Stocks – Cointelegraph

Bitcoin (BTC) tested support at $7,500 on April 24 after a surprise surge saw the cryptocurrency beat out resistance and reliance on stocks.

Cryptocurrency market daily overview. Source: Coin360

Data from Coin360 and Cointelegraph Markets showed BTC/USD attempting to form new support at $7,500 on Thursday.

Since hitting a high of $7,760 the day before, only three brief dips to the $7,400 zone have appeared, indicating renewed market strength.

The high was Bitcoins best performance since mid-March, when markets infamously crashed up to 60%, in line with mayhem in traditional assets.

Bitcoin 1-day price chart. Source: Coin360

Since then, Bitcoin has slowly attempted to exit correlation with stocks and bonds, with Wednesdays boost sharply contrasting with misery on oil markets and foreboding among traders.

The S&P 500, for example, saw a sharp contraction in mid-day trading due to news that a pharmaceutical company allegedly harboring an effective coronavirus cure did not, in fact, have one.

Bitcoin versus the S&P 500 3-month chart. Source: Skew

Against a backdrop of continued uncertainty, Bitcoin, therefore, looked all the more impressive year-to-date, the cryptocurrency was up $300 or 4.2% at press time. Versus its March lows, BTC/USD was up over 100%.

If we make some nicer slow retracements in the coming few days, Im assuming we might even be going towards $8,400 or $9,000, as there is a CME gap over there which is a narrative for traders, Cointelegraph Markets analyst Michal van de Poppe forecast in his latest trading video on Wednesday.

But if we close the daily below $7,400, then Im assuming this to be one big trap, and Im probably even considering any shorts again.

In the event, Bitcoin did not see a daily close at lower levels.

Meanwhile, another theory surfacing among traders on social media focused on Bitcoins resemblance to the Nasdaq during and after the Dotcom Bubble.

So far this is textbook V-bottom, a popular Twitter-based analyst summarized about Bitcoins March bottom uploading comparative charts.

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Bitcoin Has Now 100% Recovered From $3.7K Lows, Decoupling From Stocks - Cointelegraph

Experts Predict Deflation: There Goes Bitcoin Narrative #697 – Cointelegraph

Many Bitcoiners believe that 'unlimited money printing' will cause hyperinflation and a major BTC price spike this year but experts in the U.S. and Australia predict deflation is more likely to be on the cards.

The Reserve Bank of Australia, ING Bank, The New York Times and UBS are just a handful of organisations who think deflation could be a consequence of falling oil prices and a glut of products due to the plunge in demand caused by lockdowns

That's in stark contrast to the Money printer goes brrrr crowd who believe that unlimited quantitative easing this year will inevitably lead to hyperinflation and see a surge in demand for Bitcoin with its fixed supply of just 21 million coins.

A new survey by Paxful of 500 crypto users found that more than half of Bitcoin holders in the U.S. see the cryptocurrency as a hedge against inflation.

Crypto analyst Plan B argues that money printing benefits Bitcoin, and his stock-to-flow price model is predicated on the block reward halving in May reducing the rate of Bitcoin's supply and pushing up the price. Bitcoin's annual inflation rate after the halving will be 1.8% while gold will be at 2.5%.

Its interesting to note that inflation in the US actually fell 0.4% in March to 1.5% and many believe that inflation will only go down from here. New York Times Senior Economics Correspondent Neil Irwin wrote this week the negative oil price was a sign the world is in a deflationary moment".

The Covid-19 crisis is an extraordinary deflationary shock to the economy, causing the idling of a vast share of the worlds productive resources, he wrote.

In the case of oil, thats because demand has fallen off a cliff, leading to a glut of product and pushing prices negative. He argues that similar supply and demand effects will be seen across the economy. Demand has slumped everywhere from restaurants to airlines, sports arenas are empty, and 22 million workers have filed for unemployment.

"All of that points to a deflationary collapse a glut of supply of goods and services, and consequently falling prices that surpasses anything seen in most peoples lifetimes.

ING Bank's Chief International Economist James Knightley has made a similar point and argues that the collapse in energy prices and surging unemployment will soon see a negative headline CPI (Consumer Price Index).

In his article "US: Deflation is on its Way" he pointed out that expectations that quantitative easing (QE) would lead to inflation hadnt been borne out after the Feds QE1, QE2 and QE3 programmes" following the Global Financial Crisis. He suggested the dollars from the money printer would probably go into propping up financial assets, rather than into the pockets of consumers.

Knightley cited the minutes of the Fed Reserve's March meeting that suggest they believe that even with money printing and the economy reopened, "inflation was projected to weaken".

The Governor of the Reserve Bank of Australia Philip Lowe said in a speech this weekthe country faced the biggest hit since the Great Depression and that deflation was a likely outcome in the June quarter.

The large fall in oil prices, combined with the introduction of free childcare and the deferral or reduction in some price increases means that it is quite likely that year-ended headline inflation will turn negative in June. If so, this would be the first time since the early 1960s that the price level has fallen over a full year.

The RBA has fired up the money printer for the first time in its history, but told national broadcaster the ABC recently the incredibly low inflation rate in the decade after the GFC was a good indication inflation was an unlikely outcome.

Hes backed up by UBS chief economist George Tharenou who said the oil price, falling rents and desperate discounting by retailers due to low consumer demand will see the Consumer Price Index in Australia fall by 1.5% over the next three months.

Plan B may well be right that Bitcoin is a good hedge against inflation. After all, Bitcoin is already being used for that purpose in countries such as Venezuela and Zimbabwe that are experiencing hyperinflation. Arcane Research has also published research suggesting demand on LocalBitcoins in Argentina has just hit record highs, partly due to increasing inflation. And its hard to argue with those who point out the purchasing power of $1 in USD has dropped around 99% over the past century.

But while Bitcoin may be a good hedge against inflation, if the experts are to be believed, theres not a lot of inflation thats likely to occur in the near future at least.

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Experts Predict Deflation: There Goes Bitcoin Narrative #697 - Cointelegraph

Flight To Bitcoin In Argentina Due To Debt Crisis A Sign Of What’s To Come – Bitcoinist

Data from peer-to-peer cryptocurrency exchange LocalBitcoinsshows that citizens in Argentina are dumping record amounts of their hard-earned pesos in exchange for the first-ever cryptocurrency: Bitcoin.

The countrys economy is crumbling under enormous inflation and is the government is about to default on its debt. With the rest of the world downward spiraling toward similar conditions, is this a sign of whats to come for the leading cryptocurrency by market cap?

The global economy hasnt been healthy in over a decade. The relief and stimulus packages during the Great Recession of 2008 Bitcoinwas born from, only acted as a band-aid and a temporary fix for the underlying debt crisis that has only since gotten worse.

At the start of last year, trade tensions growing between the two world superpowers of US and China put a crack in the already thin ice the economy was resting on. When the coronavirus outbreak arrived, it was the straw that broke the camels back, causing the economy to collapse, the stock market to plummet, and sent the world into chaos.

RELATED READING | MOST IMPORTANT CHART EVER? BITCOIN S2F COMBINED WITH REDDIT RAINBOW CHART EMERGES

Things hit Argentina especially bad, which is currently suffering through the worst inflation the countrys native fiat currency has experienced, and the government is close to defaulting on its debt, which will only further exacerbate the bleak economic conditions.

As citizens watch their hard-earned pesos be devalued at a rapidly increasing rate, theres a mad dash to Bitcoin happening, according to inflows of capital data from peer-to-peer crypto platform LocalBitcoins.

LocalBitcoins connects local BTC holders for OTC transactions.

Data from Arcane Research shows volume has increased by 1028% in Argentine pesos, 407% in Bitcoin, and 139% in USD since the start of 2018 when the economy first began showing dangerous signs of destruction ahead.

Is the situation in Argentina with the nations fiat currency dying and debt running rampant a sign of whats to come for the rest of the world? Currently, the United States Fed has been granted approval by the government to essentially print whatever money is necessary to keep the economy afloat. The country is already in enormous debt, and the money-printing machine only works to rapidly devalue the dollar.

RELATED READING | BITCOIN MAY REMAIN STAGNANT FOR MONTHS, STOCK MARKET CORRELATION SHOWS

A similar hyperinflation environment could be on the horizon for the dollar, and it could cause Bitcoin to shine.

Unlike fiat currencies that can be printed at a whim, Bitcoin is hard-capped at only 21 million BTC with many more of those Bitcoins lost forever on the blockchain. Its this limited supply in the face of an endless fiat currency supply and nations will to keep on printing that could bring Bitcoin to incredible valuations in the future.

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Flight To Bitcoin In Argentina Due To Debt Crisis A Sign Of What's To Come - Bitcoinist

Theres a Brutal Twist Behind $1 Million Bitcoin Price Predictions – newsBTC

If you told an early Bitcoin adopter ten years ago that the cryptocurrency would one day hit $1 million, they wouldve laughed. Ten years ago, a single coin traded for less than $1.00; at times, it traded for a price well under a cent.

But times have changed. Now, instead of getting laughed at, those predicting the leading cryptocurrency will hit seven digits are applauded. Its become a common sentiment in the Bitcoin market that the asset will eventually rocket higher, leaving all other assets in its wake.

There is evidence to back these forecasts up, but one commentator recently reminded Bitcoin investors that the cryptocurrency hitting seven digits would come with serious societal consequences.

As the global macroeconomic outlook has grown increasingly dire over the past few weeks, with the IMF going as far as to claim the ongoing recession is the worst since the Great Depression, calls for Bitcoin to skyrocket have increased.

Image courtesy of National Post

Contradictory as it may sound, the sentiment goes that as the ongoing economic crisis worsens, the more flaws in the monetary system that is the basis of modern society will be revealed, proving Bitcoins bull case.

Prominent investors, such as one of the earliest Facebook executives, Chamath Palihapitiya, say that the crisis will be such a boon for the cryptocurrency that it could trade at a price of millions in the coming years.

While potentially true, its a dangerous sentiment, according to one trader.

Ceteris Paribus, an industry investor, recently remarked that he doesnt even know if he wants a $1 million Bitcoin to happen in the coming few years.

The trader explained that from how he sees it, it would require a catastrophic collapse of the current monetary system for transpire, whereas fiat currencies will lose all their value within a short period of time, resulting in mass societal discourse.

Ceteris Paribus explained that for Bitcoin to truly hit the purchasing power of $1 million over 13,000% higher than the current market price there will be an unpleasant transition if it comes this quickly.

Despite the issues that could result in a $1 million Bitcoin price, that hasnt stopped the topic from being promoted by serious analysts in a serious manner. Simply put, there is legitimate evidence to suggest a shocking shift to a new monetary standard will transpire.

Ray Dalio, co-head of the worlds largest hedge fund, Bridgewater Associates, put it best in a recent interview: there will be a new world order after this crisis.

Raoul Pal, a former Goldman Sachs executive and the current CEO of Real Vision, explained that from how he sees it, the ongoing crisis is showing that theres a bona fire risk that there will be a failure of our very system of money or at least a collapse of the current financial architecture.

Bitcoin, Pal wrote in a recent research note, is the solution due to its position as the likely future of our entire medium of exchange system, and of money itself and the platform on which it operates.

Chart courtesy of Raoul Pal at Global Macro Investor

From how Pal put it, the risk that traditional financial systems will collapse is unavoidable, hence his assertion that Bitcoin will rally so far and so fast, even if that comes at the cost of discourse in society.

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Theres a Brutal Twist Behind $1 Million Bitcoin Price Predictions - newsBTC

Bitcoin Forms Super Predictive Golden Cross as Price Hits $7.5K – Bitcoinist

At last, bitcoin was able to break above the price ceiling that was keeping it from pursuing a more significant bull run.

The benchmark cryptocurrency jumped above $7,500 this Thursday in a surprising buying action that pushed the prices up by $704 in just three hours. It topped at $7,775 on Coinbase before correcting lower during the early Asian trading session Friday.

BTCUSD maintains gains above red bar resistance | Source: TradingView.com, Coinbase

The crypto has been able to navigate through the heavy resistance labeled on the chart seen above. Nevertheless, the interim price rally paused for a breather, indicating that traders are waiting for a bullish continuationbefore they buy bitcoin at local tops. It may lead to a sharp pullback to the downside.

As bitcoin aims to confirm an extended bull run, the cryptocurrency also has painted a historically accurate and super predictive Golden Cross.

The bullish indicator is formed when an assets short-term moving average closes above its long-term moving average. Bitcoin traders typically watch 50-daily and 200-daily MA curves to confirm a Golden Cross or its opposite, the bearish Death Cross. But those metrics have so far proven to be lagging.

In retrospect, the daily bitcoin chart forms a Golden Cross almost a month after the prices go up. Similarly, the cryptocurrency falls way before it paints a Death Cross pattern. That keeps traders from locating interim profitable opportunities.

But replacing 200-daily simple moving average with a 20-daily exponential moving average improves the predictive quality, as shown in the chart below via red circles.

BTCUSD 20-50 MA Golden and Death Crosses | Source: TradingView.com, Coinbase

The 20-50 MA combo instantly predicts bitcoins next potential moves. As of Friday, the 20-daily EMA is above the 50-daily SMA, hinting that the BTCUSD exchange rate is looking to head higher. A similar formation earlier this year had pushed the pair up by more than 40 percent.

So, in the current scenario, the bitcoin price can rise to as far as $10,000.

On the flip side, bitcoin is still trending higher inside a Rising Wedge pattern, as confirmed by two converging trendlines. The cryptocurrency could continue rising until it reaches the shapes apex. After that, it could fall by as much as the height of the Wedge, leading it below the $5,000 level.

Photo by Samuel McGarrigle on Unsplash

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Bitcoin Forms Super Predictive Golden Cross as Price Hits $7.5K - Bitcoinist

Bitcoin Rallies 10% Ahead of CME April Futures Expiration – CoinDesk

Bitcoin prices spiked to a new monthly high of over $7,725, according to the CoinDesk Bitcoin Price Index. The rally comes on the day before the expiry for CME April bitcoin futures.

According to comments shared with CoinDesk, bitcoin traders view Friday's expiry as a primary catalyst for Thursday's rally. Theres a general expectation for a pickup in volatility around CME expiry, said Kevin Kelly, former equities strategist at Bloomberg and co-founder of Delphi Digital. But bitcoin was primed for a move given the recent consolidation, said Kelly.

Over $68 million worth of contracts were liquidated on BitMEX Thursday morning, according to data from Skew, as futures open interest is still recovering from a 50 percent plunge at the end of Q1 2020.

Bitcoins performance during a period of macroeconomic instability may be underwhelming for some investors. But Thursdays price action marks an over-100-percent recovery from bitcoins plunge at the end of Q1 2020.

Thanks to bitcoins strong macro fundamentals, were "seeing buying interest coming back, Kyle Davies, co-founder of Three Arrows Capital, told CoinDesk in a private message.

Traditional markets also rallied Thursday morning, with the S&P 500 up almost 2 percent at the time of publication.

As traders have been closely monitoring stocks, the push higher in U.S. equities today may share some responsibility for the jump in bitcoin's price, Joseph Todaro, managing partner at Blocktown Capital, told CoinDesk.

Stocks look really strong, another trader who expects bitcoin and equities to continue rallying together told CoinDesk in a private message.

Despite the highly volatile and tumultuous macro environment brought on by COVID-19, support for the popular bullish halving narrative may be resurfacing as traders become more comfortable within the current market, said Todaro.

The price of ether also spiked Thursday morning from $178 to $194, according to Bitstamp.

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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Bitcoin Rallies 10% Ahead of CME April Futures Expiration - CoinDesk

Cardano, Cosmos and Tezos Beat Bitcoin and Ether in Latest Weiss Crypto Ratings – Cointelegraph

In the latest figures released by financial rating agency Weiss Crypto Ratings this week, Cardano (ADA), Tezos (XTZ), Cosmos (ATOM) and Fantom (FTM) are the top coins by in the technology category, ranking above Bitcoin (BTC) and Ether (ETH).

Released weekly, the rating compares cryptocurrency coins in a number of categories including adoption, risk/reward and technology.

The list currently rates 123 coins and tokens with the highest overall rank only hitting a B+. The risk/reward column does not give any coin a rank above D.

The Weiss Crypto Ratings model is built with five basic layers that take data from the projects technology, adoption, risk and momentum. These layers then filter the information through in-house software models identifying each component in relation to the potential success or failure of the overall company.

In part, their success is claimed by their ability to remain impartial and objective through the fact that they receive no incentive or compensation from any of the cryptocurrencies.

XTZ, ADA, and ATOM are currently ranked 10th, 13th, and 23rd respectively by market capitalization.

Tezos has shown strong gains in 2020 with the current price of $2.68 almost double the price coming into this year. Previously the team was in the headlines due to legal battles and internal fighting.

Cardano just released its V1.0.0 Daedelus update with other milestones expected to be hit throughout the year. The protocols founder Charles Hoskinson recently told Cointelegraph why he believes the project could reach a trillion-dollar market cap.

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Cardano, Cosmos and Tezos Beat Bitcoin and Ether in Latest Weiss Crypto Ratings - Cointelegraph