CryptoFly.us | CRYPTOCURRENCY BITCOIN SHIRTS CLOTHING APPAREL HATS

CRYPTO NEWS

Facebook Whistleblower Frances Haugen Says She Bought Crypto at the Right Time

The Facebook whistleblower, Frances Haugen, has revealed her financial future is “fine” as she bought an undisclosed amount of crypto at “the right time.”

Financial Backup Thanks to Crypto

During an interview with the New York Times, Haugen said she’s currently maintaining her shelter in Puerto Rico thanks to cryptocurrency investment. She manages her own financial resources despite receiving money from nonprofit organizations (NPO). 

Last week, Politico reported that Haugen received financial help from various NPOs, which she used solely for “traveling and related expenses.” One of them is backed by Pierre Omidyar, a billionaire entrepreneur and co-founder of eBay, who reportedly gave $150,000 to Whistleblower Aid, a nonprofit handling Haugen’s legal representation.

For the foreseeable future, I’m fine, because I did buy crypto at the right time,” Haugen said

Facebook’s Leaked Documents

Haugen worked as a product manager for Facebook before turning into a whistleblower and putting the social media platform in the spotlight. She leaked thousands of Facebook internal documents, collectively named The Facebook Files, to the Wall Street Journal. 

In the documents, Haugen accused the social media platform of spreading misinformation and sensitive content, ranging from human trafficking, harmful nationalist groups to COVID-19 vaccine misinformation. She outlined that Facebook “prioritizes profit over the well-being of children and all users” and that the company ignored and neglected most of its workers’ concerns about this content.

After leaking the documents, she moved to Puerto Rico to treat a “health condition” and join her “crypto friends” on the Island – a paradise for digital asset enthusiasts as they have certain capital tax exemptions. 

Whistleblowers and Crypto

Another whistleblower who supports cryptocurrencies is Edward Snowden, a former computer intelligence consultant who leaked highly classified documents from the National Security Agency (NSA) in 2013. He has been supporting the crypto space for a while and believes that China’s crackdown on mining has made Bitcoin stronger rather than weakening it.

Recently, CryptoPotato reported on Snowden’s stance on CBDCs (Central Bank Digital Currencies), labeling them a “perversion of cryptocurrency.”

Featured Image Courtesy of CNN

Bitcoin Cash Price Prediction: BCH/USD Price Dips Below $500 Support

Bitcoin Cash Price Prediction – December 4 The Bitcoin Cash price prediction shows BCH plunging below the support of $480 as the coin ready for more downtrends. BCH/USD Market Key Levels: Resistance levels: $580, $600, $620 Support levels: $300, $280, $260 BCHUSD – Daily Chart Buy Bitcoin Cash Now BCH/USD is currently following a downtrend::Listen

Bitcoin Cash Price Prediction – December 4

The Bitcoin Cash price prediction shows BCH plunging below the support of $480 as the coin ready for more downtrends.

BCH/USD Market

Key Levels:

Resistance levels: $580, $600, $620

Support levels: $300, $280, $260

Bitcoin Cash Prediction
BCHUSD – Daily Chart

BCH/USD is currently following a downtrend as the bears dominate the entire crypto market. At the time of writing, BCH/USD is hovering around the lower boundary of the channel after crossing below this channel during the European session today as the trend has a bearish inclination touching the support at $475. However, the technical indicator has remained bearish as the Relative Strength Index (14) aims to cross into the oversold region.

Bitcoin Cash Price Prediction: BCH Price Likely to Dig Dip

Looking at the daily chart, the Bitcoin Cash price is currently facing the downtrend while the bulls are making an attempt to defend the support level of $475 and focus on pulling towards the $500 level. However, BCH/USD is making an effort to push the price back above the lower boundary of the channel and it is also looking forward to reclaiming the ground past $530.

Meanwhile, if there is an increase in buying pressure, the price is likely to break above the 9-day and 21-day moving averages to reach the nearest resistance at $550. While trading at that level, a bullish continuation could reach the resistance levels of $580, $600, and $620 respectively. On the contrary, if the coin continues with the bearish movement, it may likely hit the supports at $300, $280, and $260 levels.

By comparing it with Bitcoin, the bears are seen keeping the price under the 9-day and 21-day moving averages. Meanwhile, according to the recent negative signs, the trend may continue to follow the downtrend in as much as the buyers failed to bring the price back above the upper boundary of the channel.

BCHBTC – Daily Chart

However, as the technical indicator Relative Strength Index (14) prepares to slide below 40-level, any further downtrend could lower the price to the support level of 850 SAT and below, but once it moves out of this zone, the market price may likely begin an upward trend to push the coin towards the resistance level of 1100 SAT and above.

Looking to buy or trade Bitcoin Cash (BCH) now? Invest at eToro!

68% of retail investor accounts lose money when trading CFDs with this provider

Read more:

Facebook Whistleblower Frances Haugen Says She Bought Crypto at the Right Time

Shopping cart
There are no products in the cart!
Continue shopping
0