CBCD's, cryptocurrencies, Elizabeth Warren, mark of the beast, printed money
CNBC: Bitcoin’s brief drop below the symbolic price threshold of $30,000 on Tuesday has reignited talk of a crypto winter. It doesn’t help that cryptocurrencies like dogecoin, XRP and others saw sharp drops in the last 24 hours.
But experts tell CNBC that bitcoin’s fundamentals are good, and the market conditions in 2021 are very different than the last big crypto crash in 2018.
“We are far from a bear market, only traders are freaking out over technicals seen on exchanges like volumes and price action,” said popular on-chain analyst and statistician Willy Woo.
Bitcoin’s rise in the last 12 months has had a lot to do with the billionaires and corporations that are buying bitcoin in big amounts. The surge in interest from mainstream financial players has not only reformed bitcoin’s image but has also fomented a supply shortage, which helped drive up the price of the token.
But since the price of bitcoin peaked over $63,000 in April, the last few months have been rough for the world’s biggest cryptocurrency.
China’s countrywide crackdown on the nation’s bitcoin miners certainly isn’t helping.
“Recent news on the China mining shutdown is very reminiscent of China every few years. They’ve banned banks from using bitcoin, but this is actually different.
I’ve never seen an exodus like this before,” said Darin Feinstein, founder of Blockcap, one of the largest bitcoin mining operators in North America.
More than half the world’s bitcoin miners are in China, and Beijing has made it clear that it wants them out. In May, the government called for a severe crackdown on bitcoin mining and trading, setting off what’s been dubbed “the great mining migration.”
Much of this downward momentum in bitcoin’s price has been ascribed to China’s latest moves with mining that have led to a lower global hashrate,” said Jason Deane, an analyst at Quantum Economics, which specializes in research and analysis on financial markets and cryptocurrency.
“While long-term bitcoiners view this as an extremely positive move for the network … short-term traders are spooked by uncertainty.”
But Deane and others think it is unlikely to be the start of a so-called crypto winter. Instead, they predict we are headed for a period of overreaction that will correct itself in due course.
“We may never see another crypto winter again,” said Mati Greenspan Read More
Arutz Sheva: Iran claimed Wednesday morning that an attempted act of sabotage targeting its nuclear program was foiled.
Iran’s state-controlled media outlet, PressTV, reported Wednesday that the alleged sabotage attempt was aimed at a building used by the Atomic Energy Organization of Iran.
“Persia, Cush] and Put will be with them, all with shields and helmets.” Ezekiel 38:5
Other Iranian media outlets, including Nour News, claimed that the building in question, located in the city of Karaj, had been attacked by an unmanned aircraft.
According to the report, there were no injuries or damage in the incident. Just three days before the alleged attack on the AEOI building, Iran reported that it had temporarily shut down the nuclear power plant in Bushehr, without elaborating on the causes of the shutdown. 
The incident comes after the US seized 36 website domains linked to the Iranian government and Iran-backed terrorist groups. PressTV’s domain was among the websites seized. Read More
Zero Hedge: A climate change referendum in Switzerland just went down in flames led by 18-34 year old voters…
After Switzerland dropped its negotiations with the EU, the country has now rejected a climate-protection law in a referendum. Concretely, they rejected all three parts of the law in separate votes: on CO2, on pesticides, and on drinking water.
“While the earth remains,
Seedtime and harvest,
Cold and heat,
Winter and summer,
And day and night
Shall not cease.” Genesis 8:22
We agree with the Swiss journalist Mathieu von Rohr that this failure is not merely important in its own right, but symptomatic for the difficulties facing Green politics in general. It is one thing for people to pretend they support the Green party, especially when it is cool to do so. It is quite another to make actual sacrifices as the Swiss were asked to do.
But what is particularly interesting about this referendum is that the strongest opposition came from young people. 60-70% of the 18-34 year old voted No in the three categories.
Each country is different, but the big yet unanswered question is whether people elsewhere would agree to make personal sacrifices for the greater good. The Swiss referendum tells us we should not take this for granted.
The German elections will be the next big test. Read More
LifeSite News: On Saturday Pope Francis greeted Juan Carlos Cruz, an openly homosexual man whom he appointed to the Pontifical Commission for the Protection of Minors earlier this year at the Vatican. Cruz is himself a victim of clerical sexual abuse.
“Today I thanked Pope Francis for my appointment and reaffirmed my commitment to continue helping survivors of sexual abuse around the world,” said Cruz in a Tweet on Saturday.
Over the course of his pontificate, Pope Francis has given indications that he is not concerned with addressing homosexual activity according to Church teaching as inherently disordered and intrinsically evil. Read More
The New American: Despite claims by Joe Biden that alleged man-made global-warming and supposed “systemic racism” are the greatest threats to America, one of America’s best-known evangelical pastors says neither of those even exist. Instead, Pastor John MacArthur of Grace Community Church, who influences millions of Christians around the world, argued that “the government” itself is actually now the greatest threat to the nation.
The comments are especially noteworthy because MacArthur for decades has been known for vigorously urging Christians to submit to the government. In fact, his views on the subject were so strict that he has even accused America’s Founding Fathers of being in sin for declaring independence from their colonial rulers in London. He has also chastised Christians for being too attached to their constitutionally protected rights.
In a recent sermon delivered at his Southern California mega-church headlined “When Government Rewards Evil and Punishes Good,” Pastor MacArthur mocked Biden’s claims about the imagined threats facing America. “Our president said in the last month that the greatest threat to America, he said, on one occasion, is systemic racism, which doesn’t exist,” the pastor argued. “He said white supremacy, which doesn’t exist with any power. And then he said global warming, which doesn’t exist either, and if it does, God’s in charge of it.”
The congregation giggled as the pastor summarized Biden’s increasingly unhinged views about the alleged threats facing America. But then MacArthur dropped a bomb shell.
“In reality,” he said, “the greatest threat to this nation is the government.”
The Child Tax Credit means help directly in the bank accounts of the families who need it. Nearly all working families will automatically get monthly payments starting July 15th – no action needed. Head to https://t.co/P2RRSAlEgx for more information. pic.twitter.com/U1eSsBi18p
— President Biden (@POTUS) June 21, 2021
Jewish Press: Gaza-based Hamas leader Yahya Sinwar has rejected “all of the offers” made by the United Nations for an extended ‘calm’, threatening instead to escalate hostilities against Israel if millions of dollars in Qatari funds are not transferred to the enclave, according to Kan News.
“And Timna was concubine to Eliphaz Esau’s son; and she bare to Eliphaz Amalek: these were the sons of Adah Esau’s wife.” Genesis 36:12 KJV
UN Special Coordinator for the Middle East Process Tor Wennesland met on Monday with Sinwar, trying to strengthen the current ceasefire with Israel.
But the meeting did not go well, Sinwar told reporters Monday afternoon, saying he had rejected Israeli “provocations.”
Israel is standing firm on its requirement for Hamas to free the two living Israeli captives and the bodies of the two fallen IDF soldiers held by the terror group since the summer war of 2014 — before allowing Qatar to resume its monthly infusions of cash for poor families in the Gaza Strip.
“It was a bad meeting. It was not positive at all, he said. “The meeting with the UN delegation was thorough and they listened to us, but unfortunately there are no indications of intentions to solve the humanitarian crisis in the Gaza Strip. We informed the UN that we will not accept this.
“It seems that the occupation did not understand our message,” he added. Read More
Zero Hedge: Last week, the Federal Reserve announced it will maintain an interest rate target of zero to 0.25 percent for the rest of 2021. The Fed said it will also continue its monthly purchase of 120 billion dollars of Treasury and mortgage-backed securities.
Some Fed board members are forecasting a rate increase by late 2022 or 2023, though with the rate still not reaching one percent.
“He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, 17 and that no one may buy or sell except one who has [a]the mark or the name of the beast, or the number of his name.” Rev. 13:16-17
Last week, the Federal Reserve announced it will maintain an interest rate target of zero to 0.25 percent for the rest of 2021. The Fed said it will also continue its monthly purchase of 120 billion dollars of Treasury and mortgage-backed securities.
Out-of-control inflation played a major role in the collapse of the German economy in the 1920s, which led to the rise of the National Socialists.
PJ Media: Vice President Kamala Harris is not a natural-born citizen of the United States and is thus ineligible to ever serve as president of the United States, or even to continue in office as vice-president. That is the contention of a lawsuit filed in federal court in California by the Constitution Association, Inc.
The case was filed while Harris was a candidate for vice president, with the argument in the brief with the court asserting that “at the time of the birth of [Kamala] Harris, the Father of Harris was in the United States as a temporary visitor on a student visa and was not otherwise a lawful permanent resident, and was not, and never has been a citizen of the United States.”
Constitution Association (CA) further argues that Harris’ mother, Shymala Gopolin, was a “citizen of India at the time of the birth of Harris, the Mother of Harris was in the United States as a temporary visitor on a student visa and was not otherwise a lawful permanent resident, and was not a citizen of the United States, however, many years after the birth of Harris, the Mother of Harris did apply and was granted United States citizenship.”
In other words, how can Harris uphold the Constitution if her very holding of an office for which she is ineligible under the Constitution is a violation of her oath? Read More
