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Investing.com – In 2020, CTO David Schwartz was first said to be the inventor of , which goes by the pseudonym Satoshi Nakamoto.
It is not known why the inventor of BTC has remained discreet until today. A rumor also persists that the creator has already died.
Schwartz, however, assumes that the world’s first blockchain was certainly not developed by a single person. From his point of view, the technical implementation was far too complex. And while Schwartz himself claims to have heard of the for the first time in 2011 and rejects any connection with him, Craig Wright claims to have been Satoshi for years.
Craig Wright has already led several lawsuits on this subject, but he was never able to prove that he was the inventor of BTC. Just last week he lost a libel suit he brought against Magnus Granath. Granath has publicly stated on several occasions that Wright was a crook.
Ripple price technical benchmarks
Ripple is losing today at $0.45663 -0.14%, while the weekly loss stands at 3.03%.
Yesterday, the resistance of the 38.2% Fibo retracement of $0.4639 could be broken on the daily close. This opened the door for an extension of the rally towards the 23.6% Fibo retracement of $0.4994. This resistance is reinforced by the psychological threshold of $0.5000.
The outlook for an extension of the bullish move did not last, however, as trading is already trading below the 38.2% Fibo retracement again. If a daily close below this level confirms that a new short-term negative phase has been initiated, losses should be expected towards the 50 percent Fibo retracement of $0.4352. Just below, the 55-day MA is the next support at $0.4273, followed by the 61.8% Fibo retracement at $0.4065.
By Marco Oehrl