Blockchain
Bithumb’s largest executive shareholder found dead after allegations of embezzlement
Mr. Park Moo, Vice President of Vidente, the largest shareholder of South Korean cryptocurrency exchange Bithumb, was It said He was found dead in front of his house at 4 am on December 30th.
Prior to his death, Mr. Mo was named as a prime suspect in an investigation launched by South Korean prosecutors for his alleged involvement in embezzling funds in Bithumb-related companies, as well as stock price manipulation.
In October 2021, the Financial Investigation Division of the Seoul Southern District Prosecutor’s Office launched an investigation into the allegations against Mr. Park Moo, which led to the takeover of Bithumb affiliates such as Vident, Inbiogen, and Bucket Studio.
It is known that Vident, a KOSDAQ-listed company, is the largest shareholder of Bithumb and holds a 34.22% stake in the cryptocurrency exchange.
According to Money Today, the vice president of Vidente, the largest shareholder of the South Korean cryptocurrency exchange Bithumb, committed suicide by jumping off a building while being investigated by South Korean prosecutors, on suspicion of corruption and price manipulation.
WuBlockchain December 30, 2022
It is suspected that Mr. Mo may have committed suicide due to the nature of the criminal allegations against him.
Related: Tiantian Colander, co-founder of Amber Group, dies at 30
Over the past three months, the number of deaths in the cryptocurrency community has been remarkable.
On November 1, Cointelegraph reported that Nikolay Mushegian, co-founder of decentralized cryptocurrency lending platform MakerDAO and Dai,DAI) stablecoin, found dead in Puerto Rico at the age of 29.
On November 23 Tiantian Colander, Founding Partner of Amber Groupalso known as “TT”, died unexpectedly in his sleep at the age of 30, leaving behind a wife and son.
Russian billionaire Vyacheslav Taran, President of the Libertex Group and Founder of Forex ClubHe also died on November 25 in a helicopter crash in France while en route from Lausanne, Switzerland, to Monaco. He was 53 years old.
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The Bancor price prediction shows that BNT is crossing the 9-day and 21-day moving averages while the coin is taking off to the upside.
Key levels:
Resistance levels: $300, $310, $320
Support levels: $130, $120, $110 BNT / USD It is currently trading at $0.345 after touching a daily high of $0.490, and is likely to return above the 9-day and 21-day moving averages. However, in case the buyers can push the price above the $0.50 resistance level, then the daily candlestick may close above this level, and the price may rise towards the upper boundary of the channel.
According to the daily chart, the Bancor price It is moving near the $0.40 resistance level as the coin is preparing for additional gains. The technical indicator’s RSI (14) is also moving to cross above the 50 level, where the signal line is pointing up to signal a buy signal.
However, if buyers are able to push the price and hold it above the 9-day and 21-day moving averages, Bancor price could rise towards the upper boundary of the channel to reach the potential resistance levels at $0.50, $0.55, and $0.60. While crossing below the lower border of the channel, it could lift the currency to the support levels at $0.25, $0.20, and $0.15, respectively.
Against Bitcoin, Bancor is following a bullish rally, and it could swing higher to cross above the upper boundary of the channel that could identify the resistance at 2400 SAT and above. On the other hand, if the market price crosses the lower boundary of the channel, it may reach the support level of 1800 SAT and below.
However, the technical indicator’s RSI (14) is currently moving to cross above the 50 level as the signal line is pointing north to confirm the upward move. Moreover, any further upward movement may create additional gains above the channel.
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Since the coin starts the upward movement towards the upside, the dYdX price forecast is likely to move steadily inside the channel.
Key levels:
Resistance levels: $2.00, $2.20, $2.40
Support levels: $0.50, $0.30, $0.10 DYDX/USD is likely to cross above the 9-day and 21-day moving averages as the currency begins its upward movement. in the past few days, dYdX price Struggles to cross over to the positive side. According to the daily chart, the RSI (14) technical indicator moved to cross above the 40 level, confirming the bullish movement of the currency.
the dYdX price It is currently moving north. If the currency continues its upward movement, the bulls may cross above the 9-day and 21-day moving averages, which could reach the resistance levels at $2.00, $2.20, and $2.40. At the time of writing, DYDX/USD is showing a slight bullish movement on the daily chart.
Conversely, if the coin slips below the lower boundary of the channel, it may bring the coin back to the $0.50, $0.30, and $0.10 support levels, respectively. Meanwhile, long-term buyers should not be alarmed by the small impact down the road, as the future of DYDX is assured as evidenced by the technical indicator’s RSI (14).
Against Bitcoin, dYdX price is hovering below its 9-day and 21-day moving averages as the coin is poised for an upward move. The technical indicator’s RSI (14) also confirms the upward movement as the signal line encounters the 40 level. On the contrary, a potential downside move could emerge if the market price crosses below the lower boundary of the channel, which could reach the support level 200 SAT and below.
Meanwhile, any further bullish move above the moving averages could push the coin to the 1200 SAT resistance level and above, and this could take the coin to a new high, and the market could remain in the bullish zone.
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Bancor Prediction Statistics Data:
BNT/USD market
Bancor Price Prediction: Bancor is preparing for an upward movement
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dYdX prediction stats data:
DYDX/USD Market
dYdX Price Prediction: DYDX is ready for an uptrend
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