Cryptocurrency market update: Major cryptos trade in tight ranges on Saturday – FXStreet

Major cryptocurrencies are staying relatively quiet on Saturday and struggle to break out of their daily trading ranges amid a lack of significant catalysts.

Bitcoin (BTC/USD) climbed to its highest level since March 13th at $7,250 on Thursday but lost its momentum as the Fibonacci 61.8% retracement of the mid-March fall formed a stiff resistance at that level. After closing the day little changed on Friday, the pair continues to move sideways below $7,000 on Saturday. On the downside,$6,600 (Fibonacci 50% retracement) aligns as the initial support ahead of $6,250 (20-day SMA) and $6,000 (Fibonacci 38.2% retracement/psychological level). Resistances, on the other hand, could be seen at$7,250, 7,650 (50-day SMA) and $8,170 (100-day SMA/200-day SMA).

Ethereum (ETH/USD) advanced to a fresh two-week high of $150.70 on Thursday and had gone into a consolidation phase. As of writing, the pair was up 1.3% on a daily basis at $143. With a weekly close above $150 (Fibonacci 38.2% retracement of mid-March drop), the pair could target $153.50 (Mar. 20 high). The 200-day SMA at $173 is the key resistance for the pair in the near-term. Supports are located at $137 (Apr. 3 low) and $126.50 (Fibonacci 23.6% retracement).

After finding support near $0.16 at the start of the week,Ripple(XRP/USD)gained traction and closed the last five days in the positive territory and gained more than 10% during the period. However, the pair seems to be having a difficult time preserving its bullish momentum as it trades in a tight range above the $0.18 mark. On the upside, the initial hurdle aligns at $0.1875 (Mar. 27 high/Apr. 2high) ahead of $0.2000 (psychological level). Near-term supports for the pair could be seen at $0.1620 (Fibonacci 38.2% retracement of mid-March drop) and $0.1420 (Fibonacci 23.6% retracement of mid-March drop).

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Cryptocurrency market update: Major cryptos trade in tight ranges on Saturday - FXStreet

Heres Why Bitcoin (BTC) Is Rocketing Toward $100K, According to Crypto Analyst Nicholas Merten – The Daily Hodl

Crypto analyst Nicholas Merten says he believes Bitcoin is firmly on a long-term trajectory that will bring the leading cryptocurrency to $100,000.

In a new episode of DataDash, Merten takes a birds-eye look at Bitcoins boom and bust cycles over the years. By looking at the long-term logarithmic chart of the BraveNewCoin Liquid Index (BLX), which provides a reliable USD price of Bitcoin based on real-time trading data, Merten seesa likely timeline for the next bull run.

If we take a look at the previous three clear cycles that we had here in cryptocurrency markets, we can generally take into note that weve seen an expansion of about a year added to each and every cycle The first cycle was around 11 to 12 months, in this case, for Bitcoin.

Afterwards, from the bottom to the high, just like we did with the previous cycle, 24 months With the third cycle, we have a 35-month period from bottom to top, roughly give or take almost three years

Theres no guarantee that history is going to repeat itself exactly. There might be some big discrepancies this time around with the macro environment. The halving might play out differently. But if we take a look here of the logarithmic growth curves and take into mind the significant lows and the significant resistance, we actually are going to line up quite nicely here to a top of $100,000, give or take it might not be exactly even sometime in 2022.

The DataDash founder offers two key fundamental catalysts that can drive Bitcoins rise to $100,000.

We havent even seen the economic ramifications of the halving event and the continued macro environment going into a higher state of fear. These are the things that can drive Bitcoin to that valuation

I believe pretty consciously in this case that $100,000 is quite reasonable. Bitcoin at over $1 trillion market cap is going to be relatively reasonable in an environment where theres money fleeing from global bonds, from global currencies, from equities or property markets as we enter into a longer drawn out bear market through a potential depression.

Thats a very, very conservative ask, in my opinion, for a new emerging digital gold for Millennials and Gen Z. A key point here is to focus on these longer-term time frames. To be patient. This is going to be a long journey, but its going to be a fun one.

Although the future of the global economy is far from certain, Merten says he believes that in the long run, Bitcoin will benefit from the increasing intervention in the economy from the US Federal Reserve as investors look outside of equities for assets with a fixed monetary supply.

Unlike the Fed which says, We are going to do x and [then] they do y, Bitcoin has been chugging along. If you need to process a transaction, you can do it. If you want to know that your money is going to be fixed in a system or your purchasing power is fixed into a system that isnt going to change the rules every five minutes, Bitcoin does that Bitcoin is the clear winner here.

Featured Image: Shutterstock/Chat Karen Studio

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Heres Why Bitcoin (BTC) Is Rocketing Toward $100K, According to Crypto Analyst Nicholas Merten - The Daily Hodl

Cryptocurrency is a Curse on the Indian Reserve Bank – Programming Insider

Introduction

India is known as a country that embraces all the new technologies and for the first time, India failed to embrace the new technology of bitcoins. Specially bitcoins are very helpful when you think to trade online from anywhere on earth. As the other best parts like easily transferable and could be sent anywhere on earth, this coin is extra money for you.Internet Users are Increasing

A large number of people are gradually moving into the digital world or the world of the internet very quickly. As of now, it can be said that there are about 480 million internet users in India which are growing rapidly and soon it is expected to rise as high as 660 million internet users. This number of users have been given to be increasing by 2023, magically dragging more people to the digital world. This is really good news for bitcoin trading applications because the greater number of people will use the internet will be able to use bitcoins for a better purpose. As per experts and the bitcoiners, India is a much stronger fertile ground for the use of bitcoins.

Digital Population for the Younger Generation

A concept-driven technology is a cryptocurrency or a bitcoin concept. This concept of cryptocurrencies is most appealing to the young population of India. India has the largest number of people below 35 years of age which covers like 65% of the people while 55% of the citizens are below 25 years. The average age of an Indian is somewhat around 29-30. On average, if we calculate more than 870 million it below 30 years old. It makes one thing clear that most of the Indians should use crypto to have some great time earning money.

The IT Sector is Enough

India has the required intellect to grow the best base for an intellectual industry strongly on the earth. Luckily India has an abundance of access to the crypto concept, but it is a different story that they do not want to use it. India has the miserably high number of Computer Engineers and plenty of people who are fresh graduates they join the software industry PR the IT sectors every year. Not only that the graduates are interested, in fact, but some of the best and well-known companies are also in India such as Wipro, TCS, and HCL, Infosys, etc. Some of the Indian cities like Pune, Hyderabad, and Bangalore are house to the best IT sectors and Software shades in India which are known globally. This also proves that the crypto world can work in India very easily without brining much difficulty on the way to deal with it.

India always had and still has everything that is required to have a great crypto trade in the market but somehow, it has failed to accept the concept gladly and it still considers it to be a crime. There are many reasons that have led to the ban on usage of the cryptocurrency but the major setback has been brought by the RBI.

RBI is a Curse on Cryptocurrencies in India

The finance regulatory body of India is the RBI who is solely responsible for the banning of the use of cryptocurrency in India. As soon as the RBI banned cryptocurrency in India, the roots of Cryptocurrency began to freeze brick by brick in India.

Conclusion

The Coronavirus that affected the entire world has also added some disappointment for the ones who deal with cryptocurrencies. The crypto-community is India has been left open mouth for the kind of a disappointment that they are facing from the government as well as the pandemic.

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Cryptocurrency is a Curse on the Indian Reserve Bank - Programming Insider

Know-How Cryptocurrency will Help the Farming Community – Programming Insider

Introduction

The concept of cryptocurrencies and the bitcoin is changing all the ideas and approaches about it. Now since the highly educated people are aware of the use of bitcoins, we have brought this idea of it for the ones who are feeding us for years The Farmers.

Here we will tell you how the blockchain concept has helped the farmers all across the world but before that click this link to find some interesting facts about bitcoins.

Reach and Access

One must be thankful for bitcoin and its inventor who is anonymous but the world is well aware of the presence of bitcoin in the financial sector. With the progress of bitcoins in the industry, it is also helping one to understand the concept of the bitcoin and helping to reach out to the neediest section of the society. Now the cryptocurrency is reaching out to the farming sector of the countries.

Bitcoin is decentralized and the farmers would get an opportunity to choose the buyer or their choice, this means that they will get back a great share of the business as there will be no middlemen involved in it. In the traditional way of farming the most profit goes away to the middlemen who do the service from middle, so in this kind of business the money will be retained to the farmer only.

The use of cryptocurrency opens a great window for the farmers of the world, already the farmers of Argentina have accepted it and it is showing the great result of it.

The Coffe Coins

Crypto coffee coin is a concept that is used by the farmers of Brazil, happily. It is the name given to digital currency in brazil and anyone in brazil can shop or sell any service or product confining to farming in Brazil. All the farmers have access to all the products that could be sold in exchange for these coins. Through this selling concept, the farmers have been possible to raise the required fund to go for the next set of farming while saving some money at home for their family and daily use purposes. They also get access to the requisite fund to produce coffee at the same time.

The farmers are also given the opportunity to buy their favorite product or any household necessity using these coins. This will help them to get their necessary items while saving some amount of money for themselves. This plan has now been widely accepted by all and it has been quite accepted by people all over the world. In no time this scope and opportunity are increasing largely among all the farmers.

The Utility of the Blockchain

Till now, we saw how bitcoins are helpful for the farmers but we havent yet seen how the blockchain is also important to them. It is very important to introduce them to the concept of blockchains across the world. This will bring then a lot of profit, hence it is important that they realize how to use it.

The whole transformation in the financial sector is due to the bitcoins, which is again supported by the blockchain technology. This technology gives power to the bitcoins and the cryptocurrencies. With the presence of blockchain, all the transactions from all the transaction addresses are recorded in the blockchain and due to the decentralized method, they cant be altered by any chance.

Conclusion

May be slowly but gradually people are becoming aware of the idea of the cryptocurrency in the world. While people do realize the set of benefits from this type of digital currency. Take a step forward to this great facility, understand yourself and make others understand the utility of it. You will have a great future secured for the rest of your life.

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SC Verdict On Lifting Cryptocurrency Ban In India May Be Misinterpreted, And We May See The Ban Reinstated – Analytics India Magazine

According to experts, the Supreme Courts recent verdict on setting aside RBIs circular on banking ban should not be interpreted as the legalisation of cryptocurrency trade in India.

On April 5, 2018, Reserve Bank of India had issued a few advisory guidelines concerning cryptocurrency activities in India under a circular titled Statement on Developmental and Regulatory Policies.

Paragraph 13 of the circular asked entities governed by RBI not to deal with or give services to any person or business organizations dealing with or transacting in virtual currencies. Additionally, it also asked these entities to end such ties if any. As per RBI, the circular was issued in the public interest.

This circular was challenged by the chief petitioner Internet And Mobile Association Of India in the court of law. On March 4, 2020, the Supreme Court of India delivered a historical judgment.

As per popular interpretation of the verdict, it signalled the legitimacy of virtual currencies in India; that is, the Supreme court had lifted the ban on virtual currencies, and thus, trading in virtual currencies was now legal. The petitioners had been entitled to supersede, and the challenged circular issued on April 6, 2018, was subject to be taken down, as per the Supreme Court.

Though the Supreme Court of India upheld the plea for striking down the applicability of the circular, the order pronounced by the bench consisting of Justice Rohinton Fali Nariman, Aniruddha Bose and V. Ramasubramanian, may need careful evaluation for better understanding of the judgement.

The arguments in support of petitioners were on Article 19(1) (g). The denial of banking access to a profession not prohibited under the Indian law was deemed a violation of Article 19(1) (g) of the Constitution of India (which provides the right to practice any legal profession).

The petitioners also argued that the power contained in the circular lied outside the powers of the RBI, but the Apex Court negated that argument. The Supreme Court held that anything that may act a threat to or have an impact on the financial system of India should be regulated or prohibited by RBI, despite the said activity not constituting part of the credit system or payment system of the country.

In its judgement, the court observed, It is no doubt true that the Reserve Bank Of India has pervasive powers not only in view of the statutory design but also in view of the special status and role that it possesses in the economy of India. These powers can be applied both in the form of preventive as well as curative measures.

The court was convinced about wide powers of RBI and issuance of the circulars as preventive measures for the betterment of Indian financial scenario, but as the circular could not pass the test of proportionality, the circulars were smacked down. So, it should not be seen as the Supreme Court has lifted the ban on cryptocurrency in India, or that cryptocurrency trading is official in India as many of us are construing this decision, said Advocate Dr Mahendra Limaye, who heads cyber law firm- Mahendra Limaye Associates.

The Supreme court stated RBI did not show any empirical data highlighting the damage caused by cryptocurrency exchanges on the entities regulated by RBI, which is a significant reason that petitioners were able to win. Given that official ban on cryptocurrency still not exist India, RBIs ban on banking support for crypto firms remained unjustified on the grounds of proportionality.

The availability of power is distinct from the manner and extent to which it can be exercised by RBI. To test the proportionality of banking ban, it required RBI to present at least some semblance of any damage endured by its regulated entities. But there is none, the Supreme Court stated.

So, the overturn of the circular does not mean cryptocurrencies are legal in India or that crypto exchanges will be permanently allowed to function, according to experts.

Given RBI will further challenge the verdict to prove the alleged risk that cryptocurrencies pose to the banking system, the banking ban could be reinstated later. Plus, we know that an Inter-Ministerial Committee proposed in February 2019 a blanket ban on cryptocurrencies.

Known asBanning of Cryptocurrency and Regulation of Official Digital Currency Act,the draft bill is yet to be presented in front of the legislature. If passed, it could make buying, selling, mining, and even holding of cryptocurrency a punishable offence. So, have we interpreted the recent verdict by the Supreme Court wrongly?

Dr Limaye says, In my views, the mainstream interpretation of the verdict is wrong. The petitioners received the benefit of doubt and lassitude from governments part also played an imperative role in tiling the balance in favour of petitioners. The Apex Court has accepted the powers of RBI to issue circulars in Public Interest. There was no blanket order banning Virtual Currency and diametrically opposite views by the Central government regarding virtual currencies, and it let down the populous move of RBI banning VC exchanges from banking exposures.

What is essential to note, is that all petitions are filed against the Reserve Bank Of India, and not the Finance Ministry draft ban bill. The verdict remains only short-term relief as the verdict against the RBI does not impact activities on the policy level, also wrote Tanvi Ratna, a technology consultant and CEO of Policy 4.0 in herblog.

The verdict had been welcomed and celebrated by professionals in the crypto industrymultiple exchanges like Unocoin, Wazirx and CoinDCX started INR deposit services soon after.

The announcement also was followed by multiple investment announcements in cryptocurrency-related startups. This included Binance, Aeternity and HashCash investing in the countrys blockchain and cryptocurrency economy in 2020.

The cryptocurrency ecosystem in India saw a revival of fiat liquidity and resurgence of fiat-based trading at exchanges and as well as investments in startups. But, is this festive mood going to be a short-lived affair if Banning of Cryptocurrency and Regulation of Official Digital Currency Act is passed?

The verdict of the Supreme Court solely addresses the Reserve Bank of India circular. The Supreme Court is very unlikely to issue any action against the Finance Ministry, and impact their view on the subject, according to Tanvi Ratna.

Experts believe the Supreme Court seemingly gave a verdict in favour of the cryptocurrency industry as there is no such law yet in India which bans cutting banking support for exchanges. This means the judgment would not hold once there is such anti-crypto regulation is in place.

In the entire judgement, the Supreme Court never uttered a single word about legitimacy or genuineness of virtual currencies or about exchanges trading such virtual currencies. But SC only decided that the activities of petitioner exchanges, trading in virtual currency were not declared unlawful. Hence, their bank accounts could not be debit frozen by the banks citing the challenged RBI Circular, said Dr Mahendra Limaye.

Also Read: How Lifting Crypto Ban In India Will Accelerate Jobs And Blockchain Startups

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SC Verdict On Lifting Cryptocurrency Ban In India May Be Misinterpreted, And We May See The Ban Reinstated - Analytics India Magazine

Nexo Facilitating Cryptocurrency Turnover with Tax Friendly Credit Lines – The Cryptocurrency Analytics

A troll on the NEXO Finance tweeted that Nexo never answers questions like when is the dividend, when the Card, when Nexo 2.0 or even when Nexo bank! Further added to the troll, we have to be patient until Nexo decides what and when it release whatever! However, contended, would be a great time to get dividend or the Card! But patience is a virtue!

Nexo Tweeted: We asked, you answered! Despite the recent price drop, 53% of you believe that #BTC will see $11k 6 monthsfrom now proofthat the #crypto community will come out of the temporary setback stronger. #HODL your precious assets with Nexos Instant Crypto Credit Lines!

Nexo state that they are here to provide a lending hand for the miners as the mining business is recovering from the market turmoil. Of the initial ideals of Nexo, the chief of them was to provide miners with the cash required to run operations and therefore miners will not have to sell their crypto.

Sydney Ifergan, the crypto expert tweeted: Nexo is good at helping unlock the full value of BTC without having to sell it. A feedback on the tax efficiency of the Nexo Credit Lines is something that real time users should vouch for.

The miners and their response rate after the Forth Coming Bitcoin halving will provide for real time testimonials and market efficiencies. With real time testimonials and when miners say that the Nexo Finance Works for them, the cryptocurrency space is going to line up for Nexo Credit Lines. Proving sustainability!

There are an increasing numbers of investors who are willing to hold NEXO for a longer period of time. They are willing to benefit from the price rise. So, when it comes to facilitating as a power player in cryptocurrency Nexo is the King. Those who are willing to hold can continue to hold their Bitcoin and they can borrow against it. Thus, they will not lose out on the benefits accumulating by going long on their crypto.

Crypto investors love the credit lines as they are timely and tax efficient. The 5.9% APR does not have a player at par in the blockchain industry in finance.

Investors know that it is exponentially beneficial to hold Bitcoin. The value of the Bitcoin increases with each halving. And with the Nexo Credit Lines investors are able to benefit by holding their crypto for long at the same time get some needed liquidity out of it.

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Nexo Facilitating Cryptocurrency Turnover with Tax Friendly Credit Lines - The Cryptocurrency Analytics

Will Cryptocurrency Be a Safe Haven Asset Post Covid-19 Pandemic – The Cryptocurrency Analytics

Cryptocurrencies have not made it to the mainstream in the real sense. And, in the current scenario we are able to see that there is nothing called a safe haven asset. For now, it is good to have cryptocurrency a part of being a diversification element in the investment portfolio.

Frisco dAnconia, President, Africa Blockchain University tweeted an open concern: Will cryptocurrencies be a safe haven asset post-pandemic?

Sydney Ifergan responded stating: The world will need cash for the post-pandemic from my point of view we are doing a back step with crypto and getting a bit away from the real mass adoption.

To speak the truth, it seems like Bread is the safe haven for now. Post pandemic, there will be a need to establish an overall cooperation between government, taxes, and businesses to set the business sail well past the storm and getting back to normal.

Managing a pandemic using decentralized blockchain technology can enhance the richness and reliability of information like contact tracing and other stuff. However, when it comes to distributing funds, we are truly wondering because neither complete decentralization nor complete centralization would help. It just needs to be a mix of both. There is nothing called a one fit solution for all and we will forever need to tweak solutions and bridge solutions from two different worlds.

Sydney Ifergan opined, Cryptocurrency is going to make it to places and nations. We need to recollect how Nicolas Maduro rolled out the first cryptocurrency that is functioning and state backed. However, it is not going to happen during the Covid-19 pandemic for other nations.

Cryptocurrency cannot be called a completely free market thing. It is meant to lower the cost of transactions and to improve the speed of cross border transactions.

There needs to be a control system in place to ensure bad actors dont dominate the race. However, the control system should not be that which eats up the users themselves and that is the reason for why we need things decentralized and immutable. The decentralized and immutable situations are not about control, but are about true facts sustained as is. Any kind of manipulation is recorded and therefore we will be able to work with true data.

Some things like the pandemic need central control and a strategized approach. No system is completely fool proof. We need to strike a balance between the best of both worlds. We need to see if Venezuela survives with crypto despite the sanctions! That might be the first ever use case we are looking at if it wins with Venezuela- the story begins.

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A year since the arrest of WikiLeaks publisher Julian Assange – World Socialist Web Site

By Oscar Grenfell 11 April 2020

Today marks 12 months since WikiLeaks founder Julian Assange was arrested by British police and security officers after being illegally expelled from Ecuadors London embassy, where he had lived and worked as a political refugee for seven years.

The sight of a physically-unwell journalist being manhandled by six British cops in the heart of London shocked millions of people around the world. Assange was carried from the building, wincing at his first exposure to sunlight for some time. The operation appeared to be directed by undercover officers who had been filmed skulking around the embassy for days.

Even as he was being brutalised by the police, Assange was defiant, calling for opposition to his persecution. The UK must resist this attempt by the Trump administration, he declared.

Assange removed from Ecuadorian embassy in London, UK on April 11, 2019

Assange had been subjected to a violent attack, even before the 55 seconds of footage of his expulsion from the embassy was filmed by the sole journalist outside the building, a reporter for the Ruptly news video service.

The German program Panorama cited an account by an anonymous WikiLeaks staffer who had been by Assanges side.

Assange had been called into the embassys conference room on the morning of April 11. Ambassador Jaime Marchan walked into the room, flanked by security guards and Ecuadorian secret service personnel. He read aloud a letter declaring that Assanges asylum and Ecuadorian citizenship had been revoked and that he needed to exit the embassy immediately. Marchan and his security detail walked out of the room.

Panorama reported that when Assange and his colleague opened the door of the conference room, they could see that a group of men and women, including members of the Metropolitan Police, were just outside, apparently waiting for him.

Assange declared that the reversal of his asylum and citizenship were a violation of the Ecuadorian constitution, and that he wanted to appeal. He got up to return to his room.

Assanges assistant was shoved aside; Julian Assange was tackled, handcuffed and brought to the front door of the embassy.

A year later, there can be no doubt that the assault last April 11 marked the beginning of an attempted US-British political assassination. Assange sits in the maximum-security Belmarsh Prison, dubbed the UKs Guantnamo Bay, as the coronavirus pandemic sweeps through the facility.

In a phone call to his friend Vaughan Smith on Thursday night, Assange said he is held in his cell 23-and-a-half hours a day. His half hour of exercise is in a yard crowded with other prisoners. At least 150 prison staff members have either been infected with COVID-19 or are self-isolating. Assange revealed that there have been more deaths of inmates than the one admitted by prison authorities. He said the virus was ripping through the prison.

The WikiLeaks founder has been denied bail, despite the fact that he is on remand and is imperilled by the virus as a result of his raft of serious medical problems. Magistrate Vanessa Baraitser has even decreed that his extradition show-trial will proceed in May, despite a national lockdown, mass coronavirus deaths and Assanges inability to consult with his lawyers.

This lawless treatment, which recalls the actions of the fascist regimes of the 20th century, and Assanges arrest, is the culmination of a years-long campaign to destroy the WikiLeaks publisher, spearheaded by the US and supported by all its allies.

As early as 2008, the US military had prepared a secret report detailing the means that could be used to suppress Assange and WikiLeaks.

The WikiLeaks 2010 publications, for which Assange has now been chargedincluding the Collateral Murder video, the US armys Iraq and Afghan war logs, and hundreds of thousands of damning American diplomatic cableshad been greeted with declarations by senior US political figures that Assange was a cyber-terrorist who needed to be taken out.

The Obama administration impanelled a secret Grand Jury with the aim of concocting Espionage Act charges against Assange and his colleagues. Members of Obamas administration, including Secretary of Defense Robert Gates, publicly called on US allies to initiate criminal proceedings against Assange.

That appeal was answered by the Swedish state and judiciary, which had already collaborated in the US Central Intelligence Agencys illegal war on terrorism program of extraordinary renditions. Swedish police and prosecutors fabricated sexual misconduct allegations against Assange.

One of the complainants was a prominent figure in the countrys US-aligned social-democratic party. Her lawyer, Claes Borgstrm, who successfully appealed the finding of the initial prosecutor that Assange had no case to answer, had been a senior official in previous Swedish governments with close ties to the US.

Contrary to all legal precedent and to domestic and international legal norms, successive British courts decreed that Assange be extradited to Sweden at the request of a prosecutor, not a judge, merely to answer questions. It was never explained why this questioning could not take place in London. The Swedish authorities refused to guarantee that they would not dispatch Assange to the US for prosecution over his publishing activities.

Under these conditions, Assange sought asylum in Ecuadors London embassy on June 19, 2012. Police besieged the embassy and successive British governments declared that Assange would be arrested if he set foot outside. His status as a political refugee, however, was repeatedly upheld by the United Nations and he was able to continue his work.

The US campaign against WikiLeaks intensified in 2016, when it published evidence of Hillary Clintons pledges of loyalty to Wall Street and of the Democratic National Committees illegal subversion of the primary campaign of Bernie Sanders.

The US operation was ramped up still more in early 2017, when WikiLeaks exposed the hacking and cyberwar operations of the CIA. Then CIA director and current Secretary of State Mike Pompeo declared WikiLeaks a non-state hostile intelligence service and Assange a demon. President Correa, who granted Assange asylum in 2012, was replaced by Lenn Moreno in May 2017.

Illegal spying operations against Assange were escalated inside the embassy, including by the CIA. The US put immense pressure on Ecuador to rescind Assanges asylum. In March 2018, Ecuadors government responded by severing Assanges internet access, banning him from receiving visitors and transforming the embassy into a de facto prison, before expelling him from the building a year later.

Assanges expulsion was an historic crime, carried out in defiance of the internationally-enshrined right to political asylum. It was the high-point of an ongoing campaign to censor the internet and alternative viewpoints being conducted by governments around the world, amid an upsurge of the class struggle and immense social opposition. It marked a turning point in a protracted assault on press freedom and freedom of speech.

As the US National Security Agency whistleblower Edward Snowden wrote at the time: Images of Ecuadors ambassador inviting the UKs secret police into the embassy to drag a publisher oflike it or notaward-winning journalism out of the building are going to end up in the history books. Assanges critics may cheer, but this is a dark moment for press freedom.

The experiences of the past year have proven that Assanges freedom and the defence of democratic rights cannot be taken forward through appeals to, or support for, any section of the capitalist political, media or state establishment.

The British courts have subjected him to one abuse after another. The corporate media, which has slandered Assange for the best part of a decade, now pretends that he does not exist.

Jeremy Corbyn, the former leader of the British Labour Party, was held up as the initiator of a new socialist revival. As part of his continuous capitulations to the right-wing of his own party, Corbyn refused to mount any campaign in defence of Assange and promoted the Swedish frame-up. Corbyn has departed the scene, handing the Labour leadership to Keir Starmer, who as head of the British Crown Prosecution Service, played a central role in the international political conspiracy against Assange.

In the US, Bernie Sanders, who claimed to be waging a political revolution inside the Democratic Party, refused to say a word about Assange. He has all but endorsed Joe Biden as the Democrats presidential candidate. Biden was vice president in the Obama administration which initiated the US pursuit of Assange.

In Australia, all the official parties, including Labor and the Greens, have refused to defend Assange, despite the fact that he is a persecuted Australian citizen and journalist. This is in keeping with the role of every Australian government, and the entire establishment, since 2010 in supporting the US-led vendetta against the WikiLeaks publisher.

It is clear that the fight for Assanges freedom must be waged by the international working class, the only social force capable of mounting a struggle for the defence of all social and democratic rights.

Over the past two years, the WSWS, the International Committee of the Fourth International, and its sections, the Socialist Equality Parties around the world, have waged an unyielding campaign to defend Assange and to secure his freedom. Amid the imminent dangers to his life, we will intensify this fight over the coming months, and urge all workers, young people and defenders of civil liberties to take part.

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A year since the arrest of WikiLeaks publisher Julian Assange - World Socialist Web Site

ASSANGE EXTRADITION: Assange Not Sick With Covid-19, But Says Many in Belmarsh Are – Consortium News

April 10, 2020

In a phone conversation with Vaughan Smith, Julian Assange, apparently uninfected, says the virus is ripping through Belmarsh prison and that he spends 30 minutes a day in a crowded prison yard.

Consortium News

Julian Assange has told a friend in a telephone conversation on Wednesday that he is living in a prison in which the coronavirus is ripping through the population. He told photojournalist Vaughan Smith, founder of Londons Frontline Club, that he is isolated 23 1/2 hours a day and spends 30 minutes in a prison yard packed with other inmates. More than 150 Belmarsh guards are in self-isolation and the prison is barely functioning, Smith said.

Assange did not show up for a video link to his case management hearing at Westminster Magistrates Court on Tuesday. A court official was overheard by three people present in the courtroom saying that Assange was unwell. He is not infected with Covid-19, but Vaughan says his life is threatened by it in prison.

Julian Assange called me yesterday from Belmarsh prison. His incarceration in the time of Covid 19 threatens his

Posted by Vaughan Smith onThursday, April 9, 2020

Tags: Belmarsh Prison Julian Assange Vaughn Smith

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ASSANGE EXTRADITION: Assange Not Sick With Covid-19, But Says Many in Belmarsh Are - Consortium News

Today in History – Clinton Herald

Today is Saturday, April 11, the 102nd day of 2020. There are 264 days left in the year.

On April 11, 1980, the Equal Employment Opportunity Commission issued regulations specifically prohibiting sexual harassment of workers by supervisors.

In 1814, Napoleon Bonaparte abdicated as Emperor of the French and was banished to the island of Elba. (Napoleon later escaped from Elba and returned to power in March 1815, until his downfall in the Battle of Waterloo in June 1815.)

In 1865, President Abraham Lincoln spoke to a crowd outside the White House, saying, We meet this evening, not in sorrow, but in gladness of heart. (It was the last public address Lincoln would deliver.)

In 1921, Iowa became the first state to impose a cigarette tax, at 2 cents a package.

In 1945, during World War II, American soldiers liberated the Nazi concentration camp Buchenwald in Germany.

In 1951, President Harry S. Truman relieved Gen. Douglas MacArthur of his commands in the Far East.

In 1961, former SS officer Adolf Eichmann went on trial in Israel, charged with crimes against humanity for his role in the Nazi Holocaust. (Eichmann was convicted and executed.)

In 1965, dozens of tornadoes raked six Midwestern states on Palm Sunday, killing 271 people.

In 1968, President Lyndon B. Johnson signed into law the Civil Rights Act of 1968, which included the Fair Housing Act, a week after the assassination of Martin Luther King Jr.

In 1970, Apollo 13, with astronauts James A. Lovell, Fred W. Haise and Jack Swigert, blasted off on its ill-fated mission to the moon.

In 1974, Palestinian gunmen killed 16 civilians, mostly women and children, in the northern Israeli town of Kiryat Shemona.

In 1981, President Ronald Reagan returned to the White House from the hospital, 12 days after he was wounded in an assassination attempt. Race-related rioting erupted in the Brixton district of south London.

In 1996, 7-year-old Jessica Dubroff, who hoped to become the youngest person to fly cross-country, was killed along with her father and flight instructor when their plane crashed after takeoff from Cheyenne, Wyoming.

Thousands of people stood in the streets of Polands cities in a silent tribute to President Lech Kaczynski and the other 95 people killed in a plane crash the day before. After a five-month hiatus, golfer Tiger Woods tied for fourth at the Masters, as Phil Mickelson earned his third green jacket.

President Barack Obama and Cuban President Raoul Castro sat down together on the sidelines of the Summit of the Americas in Panama City in the first formal meeting of the two countries leaders in half a century.

British police brought Julian Assange from the Ecuadorian Embassy in London, where he had taken refuge for nearly seven years, and the U.S. charged the WikiLeaks founder with conspiring with former Army intelligence analyst Chelsea Manning to get their hands on government secrets; the arrest came after Ecuador revoked the political asylum that had protected Assange in the embassy. (Assange continues to fight extradition to the United States.)

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Today in History - Clinton Herald