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Enterprise Ethereum Alliance Appoints Dr. Daniel Burnett as Executive Director



Instrumental in the Successful Rollout of the Baseline Protocol, Former PegaSys Blockchain Standards Architect to Advance EEA’s Mission, Engage Members and Foster the Continued Adoption of Ethereum

WAKEFIELD, Mass. – July 8, 2020 ––The Enterprise Ethereum Alliance (EEA) today announced the appointment of Dr. Daniel C. Burnett, a recognized blockchain leader and prominent standards expert, as its Executive Director. Burnett will serve as a catalyst for the EEA’s growth by enhancing the organization’s programming, community, and connections between businesses and startups, and the ways in which members take advantage of its global insights and resources. He will work closely with the EEA Board of Directors, Technical Working Groups, Special Interest Groups and member community to identify ways to accelerate the pace of Ethereum innovation and adoption.

“This is a great opportunity for the EEA,” said John Whelan, chairman of the EEA Board of Directors and Head of Digital Investment Banking at Banco Santander. “By having a dedicated leader collaborating across the EEA – from our Special Interest Groups to Technical Committees and global member base – we can continue to provide opportunities for organizations to work closer together. Dan’s passion for standards, blockchain, and technology combined with his track record of building effective programs and opportunities for global organizations make him uniquely qualified to help advance the mission of the EEA. We are delighted to have him join the EEA’s leadership team.”

“I am very grateful to the EEA Board of Directors for their confidence in me,” said Burnett. “The EEA is well-positioned to address Ethereum-based business and technology needs for both established and startup companies. I look forward to working with the EEA’s leaders and member community on solving member needs with respect to implementing, deploying, or using Ethereum technologies and paving the way to a thriving ecosystem for Ethereum-centric architectures.”

As a member of the OASIS Ethereum Open Project Governing Board while in ConsenSys’ PegaSys standards group, Burnett was instrumental in the successful rollout of the Baseline Protocol, an open-source blockchain initiative. He is a director of the IEEE Industry Standards and Technology Organization (ISTO). He also founded the consulting firm StandardsPlay, where he advised clients how to strengthen their brands and market positions through standards leadership, representing them directly in organizations such as W3C and the IETF, as appropriate.

Previously, while working at Nuance, Burnett co‐created VoiceXML, the still‐reigning standard for Interactive Voice Response systems. Through later roles at Vocalocity, Voxeo, Tropo, and Aspect, he continued to lead the development of VoiceXML and related standards, simultaneously holding leadership positions in the IEEE‐ISTO’s VoiceXML Forum.

Burnett’s standards focus later transitioned to the development of WebRTC, the JavaScript APIs in major web browsers that provide plugin‐free audio, video and real‐time, peer‐to‐peer communications and data. An author and frequent speaker at conferences, he has received a number of awards for his groundbreaking accomplishments.

About Ethereum in the Enterprise 2020

Ethereum in the Enterprise 2020 is a free virtual conference presented by the EEA on July 30, 2020 – Ethereum’s 5th anniversary – from 10:00 a.m. through 2:30 p.m. Eastern (GMT-4). With presentations by some of the world’s most prominent business and technology leaders in blockchain, the conference will provide a highly informative and collaborative experience. For more information and to register for the event, please visit

About the EEA

The Enterprise Ethereum Alliance (EEA) is a member-driven standards organization whose charter is to develop open blockchain specifications that drive harmonization and interoperability for businesses and consumers worldwide. Our global community of members is made up of leaders, adopters, innovators, developers and businesses who collaborate to create an open, decentralized web for the benefit of everyone. For additional information about joining the EEA, please reach out to [email protected] or visit

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LINK Conquered $10 Moments Before Bitcoin’s Rally: Chainlink Price Analysis



  • Chainlink saw an impressive 32% surge over the past week as the coin edges toward $10.
  • The resistance at $10 is expected to be very strong and will require some significant volume to overcome.
  • Against Bitcoin, LINK is struggling to break 90,000 SAT.

LINK/USD: LINK Bulls Spike Toward $10 Before Falling To $9.40

Key Support Levels: $9, $8.58, $8.00.
Key Resistance Levels: $10, $10.50, $11.

Chainlink saw a massive price increase in July 2020 as the coin reached as high as $8.71 toward the middle of the month. From there, it went on to drop until support was found at $7.00, which allowed LINK to rebound higher at the end of the month.

In August, LINK continued to push upwards as it broke above the previous resistance at $8.71 and managed to spike as high as $10.00 moments before Bitcoin lifted its head. The coin has since dropped to $9.45 after finding reliable support at $9.00.

LINK/USD. Source: TradingView

LINK-USD Short Term Price Prediction

Looking ahead, if the buyers regroup and push higher, the first level of resistance lies at $10. Above this, resistance is located at $10.50 (1.272 Fib Extension), $11, and $11.27 (1.414 Fib Extension).

On the other side, the first level of strong support lies at $9.00. Beneath this, support lies at $8.58 (.236 Fib Retracement), $8.00, and $7.62 (.382 Fib Retracement).

The RSI has dropped lower from overbought conditions today as the bulls start to reach exhaustion. So long as LINK remains above 50, it will keep in its bullish trend. Additionally, the Stochastic RSI produced a bearish crossover signal, which is a negative sign.

LINK/BTC: Bulls Turned Away From 90,000 SAT Resistance

Key Support Levels: 75,000 SAT, 70,000 SAT, 62,000 SAT.
Key Resistance Levels: 90,000 SAT, 95,000 SAT, 100,000 SAT.

Against Bitcoin, LINK also performed remarkably well in July as it surged as high as 95,000 SAT (1.414 Fib Extension) by mid-July. From there, it fell lower until support was found at 62,000 SAT (.618 Fib Retracement). This support was further bolstered by a rising trend line, which allowed LINK to rebound.

LINK has surged during August as it reached the 90,000 SAT level today. Unfortunately, it was unable to break this level as it dropped lower to where it’s currently trading at 81,000 SAT.

LINK/BTC. Source: TradingView

LINK-BTC Short Term Price Prediction

Looking ahead, if the sellers push LINK lower, the first level of support lies at 75,000 SAT (.382 Fib Retracement). This is followed by support at 70,000 SAT (.5 Fib Retracement & rising trend line support) and 62,000 SAT (.618 Fib Retracement).

On the other side, the first level of resistance lies at 90,000 SAT. Above this, resistance is expected at 95,000 SAT (1.414 Fib Extension), 100,000 SAT, and 103,000 SAT (1.618 Fib Extension).

Likewise, the RSI dropped lower from overbought conditions but still remains above the 50 line as the bulls remain in control. However, the Stochastic RSI is primed for a bearish crossover signal that could see LINK returning to the rising support line.

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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.


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Dave Portnoy: I’m Coming to Bitcoin



Dave Portnoy is arguably one of the most influential and somewhat controversial legacy market traders out there.

Portnoy made major headlines last month after saying that the legendary investor Warren Buffett is “washed up.” He has regularly been posting videos where he’s supporting the merit that stock markets “always go up” and, at times, claiming that he’s making money off stocks he didn’t even know he owned.

Now, the poster-child of the day-trading boom, says he’s “coming to Bitcoin.” And he has upwards of 1.7 million followers behind him.

Dave Portnoy and The Winklevoss Twins

Yesterday, Portnoy posted a video where he officially invited the founders of Gemini – a well-known cryptocurrency exchange, the Winklevoss Twins, to explain Bitcoin in detail to him.

Shortly after, Tyler Winklevoss tweeted that the invitation is accepted.

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Today, in a true Portnoy fashion, the influencer doubled-down:

Of course, it’s entirely possible that Portnoy isn’t really serious about starting his foray into Bitcoin and cryptocurrencies, but it’s undoubtedly something worth considering.

Robinhood Army Coming to Bitcoin?

It’s no secret that influencers and their massive following can influence the price of an asset. The most recent example of this is Dogecoin.

As CryptoPotato reported earlier in July, Dogecoin surged by more than 100% in less than a couple of days. The reason for this wasn’t attributed to complex fundamental or technical indicators.

Instead, a person on TikTok urged his followers to buy the token on the count that it’s practically worthless, and if they invested just a small sum then, it would be worth a fortune if the coin hits $1.

That’s not the only case of retail interest driving a tremendous increase in the price of an asset. Another example came from the legacy market when Hertz stock pumped 1000% after filing for bankruptcy. Reports indicate that at least 160,000 Robinhood traders own the stock.

Whether Portnoy comes to Bitcoin or not is something we have yet to see, but if one thing true it’s that he has a massive following that could, potentially, influence the price.

Featured image courtesy of Business Insider

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