Judge Amy Coney Barrett of the 7th Circuit Court of Appeals emerged Saturday as a front-running nominee for the Trump administration to fill the Supreme… Full list of stories by category Cryptocurrencies – 2020-09-19 Bitcoin (BTC) Price Prediction – September 19, 2020 BTC/USD price is yet to break the $11,000 resistance as price fluctuates between $10,800 and $11,000. The current […]
Judge Amy Coney Barrett of the 7th Circuit Court of Appeals emerged Saturday as President Trump’s front-running nominee to fill the Supreme Court seat left vacant by the death of Justice Ruth Bader Ginsburg, according to reports.
Coney Barrett, who was appointed to her current position in the federal appeals court in Chicago by President Trump in 2017, was named as the likely top pick in early handicapping by three sources talking to NBC News. A separate report from Bloomberg News also listed the 48-year-old judge as the leading contender, although still in a large field.
Trump in a tweet Saturday urged the Republican-led Senate to consider “without delay” his upcoming nomination to fill the Supreme Court vacancy with just six weeks remaining before the election. The White House as of Saturday afternoon had not made any nomination official, nor set a timeline. But the administration was likely moving quickly to select a nominee, the Associated Press reported, before the first presidential debate scheduled for 10 days from Saturday.
Senate Majority Leader Mitch McConnell, the Kentucky Republican, vowed on Friday night, just hours after the liberal Bader Ginsburg’s death, to call a vote for Trump’s upcoming nominee. Democrats countered that Republicans should follow the precedent that GOP legislators set in 2016 by refusing to consider a Supreme Court choice advanced by Barack Obama in the run-up to that year’s presidential election. The high court had a 5-4 conservative majority prior to Ginsburg’s death.
Read:Supreme Court Justice Ruth Bader Ginsburg dies at 87
Earlier this month, Trump released a refreshed potential Supreme Court nominee list with 20 additions to his original roster; it included Republican Sens. Ted Cruz, Tom Cotton and Josh Hawley.
Coney Barrett was on the shortlist in 2018 to replace retiring Justice Anthony Kennedy. Trump ultimately selected Brett Kavanaugh for that vacancy.
Republicans favoring Coney Barrett’s potential nomination cited her 2017 appeals court confirmation hearing performance as a strong indication that she might survive another round of questioning in which her religious beliefs, and whether they might cloud legal judgment, is likely to emerge, the sources told NBC.
Critics have pointed to the judge’s writings, in which she raised questions about the importance of respecting precedent and referred to “unborn victims” of abortion.
At the time of the appeals court hearings, Sen. Dianne Feinstein, the California Democrat, told the nominee, “The dogma lives loudly within you, and that’s a concern.”
Barrett responded then: “It’s never appropriate for a judge to impose that judge’s personal convictions, whether they arise from faith or anywhere else, on the law.”
In a 2013 article in the University of Notre Dame’s quarterly alumni magazine, Coney Barrett is paraphrased as saying the landmark abortion ruling Roe v. Wade — which a majority of Americans back, polls show — has created “through judicial fiat a framework of abortion on demand.”
She later said the primary controversy for her lies with public versus private funding.
Opinion:Ruth Bader Ginsburg played a pivotal role in the women’s-rights era — and that was before she joined the Supreme Court
Democratic presidential contender Joe Biden, for his part, has not released a list of specific people he’d nominate for a Supreme Court spot if the decision for replacement falls to him should he prevail and a Senate majority shift come November. But Biden’s promise to nominate a Black woman to the court if he has the opportunity in many ways narrows the field. Biden said in late June that work on his list was underway.
Author: Rachel Koning Beals
Full list of stories by category Cryptocurrencies – 2020-09-19
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Bitcoin Price Prediction: BTC/USD Hovers Above $10,800 to Retest the $11,000 Resistance
Bitcoin (BTC) Price Prediction – September 19, 2020
BTC/USD price is yet to break the $11,000 resistance as price fluctuates between $10,800 and $11,000. The current range will persist as long as buyers sustain price above the $10,800 support. Buyers have not been able to break the resistance because of strong defense by the bears.
Resistance Levels: $10,000, $11, 000, $12,000
Support Levels: $7,000, $6,000, $5,000
For the past four days, buyers have not been able to break the $11,000 resistance. The clearance of this resistance is crucial to BTC’s upward move. On the upside, if buyers sustain the price above $10,800, a retest at the resistance is possible. When a resistance faces several retests that resistance will be become weakened. Eventually, if price breaks above the $11,000, the first support will be $11,150.
The momentum will extend to the $11,600 where the resistance at $12,000 will be the next target. Conversely, if the bears succeed in breaking below the $10 800 support, the upside momentum will be interrupted. BTC price will fall to $10.625 or $10,500 low. Gradually, the bears will take advantage to retest the $10,000 support. Meanwhile, BTC is attempting to break above the $11,000 resistance. The king coin is at level 53 of the Relative Strength Index period 14. It indicates that BTC is in the uptrend zone.
EU to Ensure Complete Crypto Regulation by 2024
The European Union intends to incorporate crypto and blockchain technology into its main processes by 2024. This is on the backdrop of the COVID-19 pandemic which has necessitated digital payments across the globe. Also, many countries are looking toward Central Bank digital currencies to streamline their payment infrastructures. According to the internal document released by Reuters as reported on Friday which states: “By 2024, the EU should put in place a comprehensive framework enabling the uptake of distributed ledger technology (DLT) and crypto-assets in the financial sector […] It should also address the risks associated with these technologies.”
Today, buyers hit the $11,000 resistance and are sustaining the uptrend above it. On the 4 –hour chart, BTC reached the high $11,100 on September 16. The retraced candle body tested the 78.6% Fibonacci retracement level. This indicates that the market will rise and reach the 1.272 Fibonacci extension level or $11,300 high. However, the BTC price will reverse to the 78.6% retracement level where it originated. Thereafter, the price action will continue the upside momentum.
Author: By TeamMMG