Bitcoin Price Predicted to Go to $50,000 by Trading Guru Peter Brandt (but Don’t Get Too Excited) – U.Today

Alex Dovbnya

$50,000 or Beanie Babies? Here's what the future holds for Bitcoin, according to Peter Brandt

Peter Brandt has shared his latest take on the Bitcoin (BTC) price, predicting that ithas a 50 percent chance of shooting up to as high as $50,000.

However, this price target is not set in stone since there appears to be the same possibility that the orange coin ends up being just 'another pet rock or Beanie Baby.'

Bitcoin has been likened toBeanie Babiesby everyone and their mother -- from permabears in the likes of Peter Schiff to "Last Week Tonight"host John Oliver.

These chictoysare the ultimate fads of the dotcom bubble in the 1990s.During the peak of the craze, some people were willing to fork out their life savings to buy exclusive items that were nothing but stuffed animals. One Beanie Baby was sold for as much as $15,000.

Whether you believe in the future or Bitcoin (BTC) or not, comparing a decentralized cryptocurrency to a toy bubble might be a bit of a stretch. Besides, there are some exclusive Beanie Babies that will now set you back more than $500,000.

As of recently, Brandt has been sending mixed signals about Bitcoin. The prominent chartist who predicted that BTC could conquer $100,000 this year rapidly changed his tune after the March crash.

Following the events of "Black Thursday,"when BTC erased 50 percent of its value, Brandt tweeted that it was more likely to go to zero.

Moreover, he recently argued that the much-anticipated May was highly overrated.

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Bitcoin Price Predicted to Go to $50,000 by Trading Guru Peter Brandt (but Don't Get Too Excited) - U.Today

Bitcoin Will Follow Ethereum And Move to Proof-of-Stake, Says Bitcoin Suisse Founder – Cointelegraph

Niklas Nikolajsen, the founder of Swiss crypto broker Bitcoin Suisse, predicts that Bitcoin (BTC) will move to Proof-of-Stake (PoS) once the Ethereum (ETH) network has proved the algorithms success.

Bitcoins current Proof-of-Work (PoW) consensus algorithm the pioneering concept which in fact pre-existed Bitcoin, but has since come to be indissociable from the cryptocurrency will probably change in the future, Nikolajsen argued.

In outtakes from an interview conducted for a German TV documentary recorded back in October 2019, but uploaded on April 6 Nikolajsen said:

[Bitcoins move to Proof-of-Stake] is not planned, but the second-largest cryptocurrency, Ether, will move to a Proof-of-Stake concept that demands vastly less electricity, already in a few months. Im sure, once the technology is proven, that Bitcoin will adapt to it as well.

Once its proven that Proof-of-Stake works well, its a superior system to Proof-of-Work, he said.

In blockchains that use a PoS system, nodes in the network engage in validating blocks, rather than mining them, as in PoW. For PoS, a deterministic algorithm selects block validators based on the number of tokens a given node has staked in their wallet i.e. deposited as collateral in order to compete to add the next block to the chain.

Nikolajsen's prediction that Bitcoin will eventually migrate to a PoS system was made in the context of a discussion of the notoriously high levels of electricity needed to sustain mining on the current network.

He dismissed claims that mining Bitcoin consumes levels of electricity comparable to small nations and also emphasized that mining's energy-intensity is less of an issue than where that energy is produced and how sustainably it is generated.

Moreover, the energy consumption of producing gold Bitcoins proverbial predecessor must be equally acknowledged, Nikolajsen states, as does that in the existing banking system and tech industry:

Which metropolis in the world doesnt have 100-story-high banking towers, glowing in a million different colors all night, and their financial systems, their computers, server rooms. How much energy does Facebook consume? They have 21 huge data centers worldwide, Id say probably more than Bitcoin. The banking system for sure consumes a lot more energy.

The common perception that high energy consumption is an Achilles Heel for Bitcoin has been critiqued by some proponents of clean energy, who, like Nikolajsen, place an emphasis on the sources of power, rather than levels of consumption.

Beyond the energy problem, the PoS vs. PoW debate engages questions of economic fairness, barriers to entry, network security and decentralization.

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Bitcoin Will Follow Ethereum And Move to Proof-of-Stake, Says Bitcoin Suisse Founder - Cointelegraph

Are Bitcoin Cash Miners Driving Up the Price of Bitcoin? – Cointelegraph

Bitcoin (BTC) price has been a sight to behold over the last week. After successfully breaking through the resistance of $7,200 on Monday, April 6, all eyes were on the leading digital asset to hold $7K as fresh support, but as soon as the weekend was upon us, the price fell through this floor finding a new temporary bottom of $6,750.

So are these weekend dumps a sign that interest in Bitcoin is waning? Or is this simply whales taking advantage of thinner weekend volume to accumulate before the next big run?

Daily crypto market performance. Source: Coin360.com

BTC USD daily chart. Source: TradingView

Bitcoin keeps finding itself in a descending channel that formed 10 months ago. The last time the king of cryptocurrencies broke out of this channel, it encountered fierce resistance at 5 different levels ranging from $8,750 to $10,500.

Currently, Bitcoin is once more above this channel, with a new ascending channel taking form.From here Bitcoin needs to form support by closing the daily above $7,100 for history to start repeating itself, and this is not the only pattern repeating itself this year.

BTC USD weekly MACD chart Source: TradingView

The Moving Average Divergence Convergence (MACD) indicator on the weekly timeframe looks almost identical to that of Jan. 14, which is when Bitcoin last closed above the descending channel. This resulted in a rally from $9,000 to $10,500.

However, much like the last few days, Bitcoin did fall back into the channel before pushing forward to the yearly high.

At the time this was attributed to the mining difficulty increasing every 2 weeks, a trend that seems to be returning.

BTC mining difficulty. Source: BTC.com

After the Black Thursday event, which saw the price of Bitcoin plummet by 50%, the mining difficulty adjustment dropped by nearly 16%. This was one of the largest drops in a single period that Bitcoin had ever seen.

However, last week saw the difficulty increase by nearly 6% and the next adjustment is already looking to increase by 7%. With only 8 days left to go, its highly probable that this will wipe out the negative adjustment seen this year, so does that mean that price will follow?

If the price action at the beginning of 2020 is anything to go by, it might suggest another big price surge is due over the week ahead.

BCH hashrate chart. Source: BITINFOCHARTS

Last week Bitcoin Cash (BCH) had its halving and this caused a lackluster price spike of about 11% before the digital asset slowly settled back to its pre-halving price. However, as a result of the halving, the hash rate dropped off a cliff as can be seen in the chart above.

The most likely reason for this drop is due to the fact that those mining Bitcoin Cash use exactly the same hardware as Bitcoin miners. So when faced with a 50% reduction in profitability it would make more sense to point your miners to the real Bitcoin.

With more miners heading to the Bitcoin network, it would entirely make sense that the difficulty would start to rise. This is something that I expect to continue happening over the next 30 days ahead of the real Bitcoin halving.

However, this will also lead to the difficulty in mining BCH to plummet, so this little dance is something that will cause some very interesting price action over the coming weeks.

If Bitcoin closes above $7,100 it will be incredibly bullish for the week ahead. Once more $7,200 is the first level of resistance, however, $7,400 and $7,700 are the next two levels holding Bitcoin back from breaking $8,000.

With the growing number of miners driving up the difficulty on the Bitcoin network, a run to $9,200 isnt something that would be unreasonable to expect before the week is over.

It still feels like Bitcoin is recovering too soon and the pullback this weekend doesnt seem like it was enough. Should the weekly candle close below $7,100 I would first be looking at $6,750 and $6,500 as the last levels of support before opening up mid $5k range for buyers to step in.

The views and opinions expressed here are solely those of @officiallykeith and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision.

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Are Bitcoin Cash Miners Driving Up the Price of Bitcoin? - Cointelegraph

Bitcoin Active Supply Touches 3-Year High, But What Does it Imply? – Bitcoinist

When Bitcoins price fell sharply four weeks ago network activity dropped as investors began to put their coins into storage. This trend is reversing as the daily transaction number is once again increasing, and coins are on the move.

Glassnode has posted a chart of active Bitcoins that shows how the number moving across the network began to accelerate rapidly last August, only to level off last month. Now, this number is once again picking up.

Overall network activity is also once again increasing after a sharp drop in March, as seen in this chart from Blockchain.info:

The key takeaway from this information is that the flagship cryptocurrency is once again on the move. The changes in activity on the network may be relatively small, but they still demonstrate a shift away from hodling Bitcoins to using them.

In all likelihood, these increases are due to an uptick in trading, which will no doubt take place as prices rise. Many investors see the market recovery as an opportunity to make a quick profit from what is clearly a growing demand for cryptocurrency.

It is worth noting that the upcoming block halving is also providing a strong incentive to acquire Bitcoin now before the supply drops in mid-May. Also, fear of inflation and a continued global economic slowdown is driving many to put their assets into safe havens, for which Bitcoin and other cryptocurrencies are ideally suited.

Whereas activity volume on the Bitcoin platform ebbs and flows from month to month, it is worth noting that the network continues to work as designed. Fees remain low, and confirmation times are relatively quick.

The network will begin to show signs of congestion at around 400,000 transactions per day, which is substantially more than the present number. This last happened in 2017, resulting in slow transactions and high fees. The Lightning Network now exists to help prevent such problems from ever happening again, yet needs more work to make it reliable and user friendly enough for mass use.

It is reasonable to assume that the number of active Bitcoins will continue to increase along with overall crypto adoption. Activity across the blockchain space is accelerating, much of which is taking place in areas such as decentralized finance and supply chain tracking. Present data clearly indicates that interest in this new asset class continues to grow.

IsBitcoin trading activity up? Share your thoughts in the comments below.

Images via Shutterstock, Glassnode, Blockchain.com

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Bitcoin Active Supply Touches 3-Year High, But What Does it Imply? - Bitcoinist

Another Bitcoin Mining Firm Warns COVID-19 Pandemic May Harm Its Business – CoinDesk

Hut 8 Mining Group, a publicly traded cryptocurrency mining firm, is concerned about coronavirus-related delays of new machine deliveries from potential suppliers such as Bitmain and MicroBT.

During an earnings call last week, CEO Andrew Kiguel said his firm was grappling with a vague timeline for the delivery of crypto mining machines to support its farms, saying that while in February, you thought machines could be delivered between March and April, these timelines have since shifted due to the ongoing pandemic. He did not have a revised timeline either.

His remarks follow guidance from competitor Riot Blockchain, which also warned the novel coronavirus outbreak would impact its business operations.

Three or four weeks ago, nobody thought these things would be an issue, and the world is grappling right now with different supply chain issues like getting ventilators and masks around the world as opposed to bitcoin mining machines, Kiguel said.

Bitmain was one of several Chinese miner manufacturers that warned as far back as January close to eight weeks ago it would be forced to delay deliveries due to the coronavirus outbreak.

Bitmain has since resumed operations, though its delivery timetable is still unclear.

Hut 8 Mining Group, one of the few publicly traded mining firms in the U.S., is also closely watching the upcoming bitcoin halving in hopes of appropriately scaling the size of its mining farm.

The Canadian firm is set to have a higher stake in the bitcoin market after launching its core operation in the middle of 2018 and acquiring facilities to boost its mining power last year. According to its year-end report for 2019, released on Monday, Hut 8 saw $58.6 million in revenue, up by 66 percent from the prior year, thanks to larger capacity and higher bitcoin price.

This places it as one of the productive miners in North America among its competition, including the Colorado-based Riot Blockchain.

Hut8s coronavirus concerns come as the firm prepares for bitcoins hotly anticipated halving, tentatively set to occur in mid-May.

There's a lot of different scenario planning that we've done, Kiguel said.

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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Another Bitcoin Mining Firm Warns COVID-19 Pandemic May Harm Its Business - CoinDesk

Crypto Billionaire Says One Altcoin Reminds Him of Bitcoin and Ethereums Early Days – The Daily Hodl

Tyler Winklevoss, co-founder of New York-based crypto exchange Gemini, is calling out Chainlink (LINK) and its potential to break out as one of the next big altcoins.

The billionaire crypto entrepreneur and early Bitcoin investor says the smart contract project is built with quality technology and supported by a following thats reminiscent of the early BTC and Ethereum evangelists.

I really appreciate the passion of the LINK Marines. Their fervor and dedication reminds me of the early Bitcoin and Ethereum communities. Unlike many other crypto armies, they are dedicated to a project that has real promise and technical merit.

Gemini recently announced the addition of trading and custody services for LINK, as well as Dai and Orchid (OXT). Winklevoss says he doesnt own any Chainlink but thinks its a fantastic project that demonstrates one of the many great promises of crypto.

Chainlinks main goal is to give enterprises a simple and seamless way to take data and place it on the blockchain. The token is designed to reward people who run nodes and power the network.

LINK outperformed Bitcoin in 2019 and was one of the most successful crypto assets of the year, rising from around $0.29 last January to about $1.80 by the end of December, according to CoinMarketCap.

After reaching an all-time high of $4.95 on March 4th, it crashed in mid-March like the rest of the crypto industry. It has bounced back from its March low of $1.64 and is currently trading at $3.47 at the time of writing.

Featured Image: Shutterstock/Liu zishan

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Crypto Billionaire Says One Altcoin Reminds Him of Bitcoin and Ethereums Early Days - The Daily Hodl

BTCPay Looks to Anonymize Bitcoin Transactions With PayJoin Integration – CoinDesk

BTCPay, a popular open source tool for accepting bitcoin payments, is turning to PayJoin for preserving the privacy of those transactions.

PayJoin (also called P2EP) is a relatively new way to send private transactions in bitcoin and may offer better privacy than current popular alternatives such as CoinJoin. Having BTCPay on board gives PayJoin a major boost in recognition that could translate into broader use of the privacy technology by other firms.

BTCPay developer Andrew Camilleri told CoinDesk the company plans to release an "initial" version of the P2EP privacy feature built into BTCPay on Thursday. He and BTCPay lead developer Nicholas Dorier have been the main contributors to the code.

Open source BTCPay is used by a range of merchants as a way of accepting bitcoin and lightning payments.

"Our mission is financial sovereignty for everyone and PayJoin is a great tool to help break blockchain analysis heuristics and achieve that. Since BTCPay is so widely used, it should help jumpstart usage," Camilleri told CoinDesk.

The work has been sponsored by Blockstream for the past several months to help Camilleri focus on the PayJoin changes.

"We're hoping to improve the privacy and fungibility of bitcoin by accelerating the adoption of P2EP. If enough wallets and businesses support P2EP, it could provide the critical mass needed to achieve widespread financial privacy," said Blockstream Chief Strategy Officer Samson Mow.

Not as private

CoinJoin is the main privacy tool used these days, in part because it is used by wallets Wasabi and Samourai, making it much easier for people to use.

CoinJoin allows multiple people to mix their bitcoin transactions together, making it less obvious who owns which bitcoin. While it helps users to maintain their privacy, one of the main issues is it's easy to see when a bunch of users have done a CoinJoin simply by looking at the blockchain.

Bitcoin researcher Paul Sztorc likened the technology to "wearing a ski mask to an indoor mall."

The main benefit of PayJoin's ConJoin implementation, on the other hand, is that once done, the transactions look the same as other transactions on the Bitcoin blockchain.

So instead of many senders mixing their transactions, only the sender and receiver mix a transaction.

Ultimately we need to make a choice on what kind of world we want to live in, one where there is financial privacy or one where there isnt.

It "breaks blockchain analysis heuristics," Camilleri said. Blockchain analytics companies are able to glean certain transaction criteria to guess (often correctly) if bitcoins belong to the same owner, or to see if the transaction was a part of a CoinJoin.

"Bitcoin's our chance for a logical and fair form of money. Companies that offer services that enable others to discriminate are essentially destroying that chance," Camilleri said.

One disadvantage, however, is both the sender and receiver have to support PayJoin.

"Merchant payment processor support for P2EP made perfect sense. P2EP requires the sender and receiver to both be online. If you're sending, you're naturally online, and merchants have to be online all the time," Mow said.

What's next

PayJoin has been around since 2018, but not a lot of services have added support for it yet. Both the sender and receiver need to support the standard, but most wallets don't support it right now.

"The current active implementations only allow you to do PayJoins between the same wallets, which is a bit too restrictive for widespread usage. There's nothing stopping any wallet or service from adding support for a universal PayJoin protocol now," Camilleri said.

This is one problem the project Snowball is trying to solve by creating code allowing for PayJoin transactions that can be easily added to any bitcoin wallet. The developers behind it plan to eventually open "pull requests" with suggested code to popular bitcoin wallets, to help get the ball rolling by encouraging them to adopt the privacy feature, and making it as easy as possible to do so.

Blockstream plans to further spur adoption of PayJoin. For now, it is working on adding PayJoin support to the bitcoin wallet Blockstream Green.

"The next interesting step would be for an exchange to support P2EP. Ultimately we need to make a choice on what kind of world we want to live in, one where there is financial privacy or one where there isn't," Mow said.

"Money needs to be private and fungible in order for it to be a 'good' money," he added. "With bitcoin, every transaction is open for anyone to see, so we still have a lot of work to do to get it there. Without privacy and fungibility, money can be used as a tool for oppression or financial surveillance. Bitcoin is the future of money and the future of money shouldnt be Orwellian."

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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BTCPay Looks to Anonymize Bitcoin Transactions With PayJoin Integration - CoinDesk

Ethereum leads the advances as bitcoin moves back above $7k – FXStreet

Yesterday's strong bullish move has paused near the resistance level, as profit-taking has dragged the action following the upward thrust. Still, cryptos are advancing steadily, as Ethereum (+1.45%) continues bullish, and Bitcoin(+0.83%) buyers don't allow drops below $7,000. Among the leading coins, Tezos(+6.01%) us the best performer of the last 24 hours, with a special mention to DigiByte's 17 percent gain. Among the leading Ethereum-based tokens, ChainLink(+3.87%) continues growing, followed by MKR (+2,21%), with special mentions to NEXO(+6%) and WTC(+28.68%).

The Market capitalization of the cryptocurrency sector has moved slightly above the $200 billion, breaking the descending channel.

The volume traded in the last 24 hours is 39 billion, 20 percent less than yesterday's 45.75 billion. Still, Bitcoin dominance stays stable at 64.22%.

Dow Futures sprang up after a study by a Chicago hospital indicated that Gilead's Remdesivir trial sowed rapid recovery from severe symptoms on 125 SARS-CoV.2 patients. Gilead shares surged over 16%.

Binance is going to launch a new Ethereum-compatible blockchain. The blockchain's native token will be BNB in a move qualified as an Ethereum competitor, as it will support smart contracts besides BNB staking.

Bitcoin could be holding up to 5 percent of the BTC current supply, or about 360,000 BTC, according to the data supplied by a crypto blogger.

The Libra Association made new updates to the white paper with amendments to the original concept, including the introduction of stablecoins pegged to different currencies, to avoid interfering with the monetary sovereignty of the countries.

On Thursday's morning, Bitcoin has bounced off the lower side of an ascending linear regression channel, after the corrective action made in the past days. The movement created an engulfing figure in the daily chart and a Morning Star pattern in the 4H chart. The rest of the day and early morning today has been spent consolidating levels around 7,100, after being rejected by the $7,200 level.

The price moved away from overbought levels and is now moving along the +1SD Bollinger line, confirming the upward trend. MACD is also bullish. The price needs to break the $7,200 level soon to continue and test the $7,400 level that many traders eye as the next target.

Support

Pivot Point

Resistance

6,625

7,041

7,330

6,344

7,740

5,934

8,028

Ethereum's reversal action has been quite bullish in the last 24 hours. After a strong Morning Star figure, the price continued moving upwards to challenge the 174 level. After being rejected there, ETH has been moving in a tight range its action approaching the +1SD Bollinger line on decreasing volume. The $174 Breakout will signal its next challenge towards the $180 and 194 targets. $164 may act as support.

Support

Pivot Point

Resistance

142

159

175

125

193

108

209

Ripple has been following the overall crypto market trends, but behaving weaker. XRP is having difficulties to cross the $0.19 level. Nevertheless, the asset has managed to create a new consolidation above the previous one, but limited to the upside by $0.193.

After the bounce to the upper limit of the descending channel, XRP has crossed it and currently moves near the+1SD Bollinger line, as the bands spread and move slightly up, which is my definition of an uptrend. Buyers may consider entering positions on the breakout of the $0.193 level with a potential target at 0.205 level, the last swing high made on April 07.

Support

Pivot Point

Resistance

0.1770

0.1910

0.2030

0.1650

0.2170

0.1500

0.2300

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Ethereum leads the advances as bitcoin moves back above $7k - FXStreet

Is 1 Bitcoin Enough for You to Retire On? This Analyst Thinks Yes – Bitcoinist

More analysts than ever are encouraging young people to take advantage of the current market dip and begin investing in Bitcoin for retirement. Whereas this idea is nothing new, current forces in the legacy financial space are making it more appealing. At least one analyst asserts that a mere one Bitcoin will provide a vastly better long-term return than traditional savings.

Over the course of the past forty years retirement plans in developed countries have gradually shifted from fixed benefit programs, such as standard pension plans, to defined contribution programs, such as 401ks. Whereas the wisdom of this transition is subject to debate, there is no question that millions now rely on some form of personal savings for most, if not all, of their retirement income.

For those with ample nest eggs, this arrangement has been fine. However, decades of low inflation and brief recessions have played a role in this success. Should the current global financial crisis result in a surge of inflation, retirees could find themselves in serious trouble.

For those still in the workforce, long term devaluation of fiats such as Dollars and Euros could be devastating. Years of prudent investment could disappear as the earning power of retirement savings evaporates. Analyst Davincij15 has pointed this out in a recent tweet:

Simply put, he acknowledges the wisdom of beginning to save while young, yet notes that all may be for naught if inflation becomes a problem. Not surprisingly, he advocates Bitcoin as a possible hedge.

Much has been said of Bitcoin as a potential safe haven during the current economic meltdown. However, the long-term consideration of this idea is far more notable. The fact that crypto ownership skews toward the young is well-known, and more than ever workers under 35 are choosing to add blockchain assets to their retirement portfolios.

Part of this trend is, of course, related to the belief that crypto will continue to vastly outperform traditional investments. However, these young investors may now be making this choice to protect their retirement from inflation or other economic downturns. In other words, crypto is likely to be added to hard assets like gold and treasury bonds as a component of a properly managed portfolio.

There is little doubt that Bitcoin and other cryptocurrencies are a permanent element of the global financial landscape. Now, more than ever, current events are giving legitimacy to this new asset class.

Do you think Bitcoin is the nest retirement investment option available to us? Share what you think in the comments below.

Images via Aaron Burden from Unsplash, Twitter: @Davincij15

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Is 1 Bitcoin Enough for You to Retire On? This Analyst Thinks Yes - Bitcoinist

BTCPay Brings Two-Way Bitcoin Privacy To Thousands of Merchants – Cryptonews

Source: Adobe/promesaartstudio

Bitcoin payment processor BTCPay Server has added support for Pay to Endpoint (P2EP), a result of a workshop organized by Blockstream, a major, Canada-based blockchain company.

As Blockstream explains in their blog post, P2EP, aka PayJoin, is a special type of Coin Join, a method for combining multiple bitcoin (BTC) payments into a single transaction so to further preserve one's privacy. "P2EP transactions are special in that both the sender and the receiver of the payment coordinate to build the bitcoin transaction," says the company. "Unlike a regular bitcoin transaction, where only the sender spends from their wallet, a P2EP transaction packages up inputs from both the sender and the receiver, with the receiver sending extra bitcoins to themselves." It also comes with P2EP-enabled wallets.

Blockstream funded the development of the P2EP feature in BTCPay, saying that tens of thousands of merchants using BTCPay Server have the ability to receive P2EP transactions, giving them privacy as well. The payment processor implemented it as a part of their new version. Users can enable P2EP in the store or use BTCPays internal wallet to pay P2EP-enabled invoices, says BTCPay.

"A lot of time had passed with little progress on P2EP adoption as a common standard," writes Samson Mow, Blockstream's Chief Strategy Officer (CSO), "so we decided to jumpstart it with the BtcpayServer team." Mow's strategy, he writes, was to "create a pool of anchor tenants for BlockstreamGreen & other light wallet users to transact with."

Mow goes on to explain that their goal is to establish P2EP as a common standard across wallets and Bitcoin services. He also suggested not using the name 'Payjoin,' and for P2EP to be presented in simple terms as a technology to protect users' privacy. Lastly, he believes that this tech is "less politically charged," and that Bitcoiners may come in its support as well.

When using this tech, both the sender's and the receiver's wallets must be online, and it also requires a receiver hot wallet. There are, however, no 'fingerprints' left behind and this transaction will look like any ordinary BTC transaction, but with enabled two-way privacy.

Blockstream says it's working on adding support for P2EP in its BTC wallet Blockstream Green, which will likely be available in the coming months, while projects such as Wasabi Wallet and BlueWallet are also possibly looking into supporting P2EP, the company says.

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BTCPay Brings Two-Way Bitcoin Privacy To Thousands of Merchants - Cryptonews

Bitcoin Price Analysis: The Storm Is Here Bitcoin Just Surged $550 In 90 Minutes To Over $7K, Whats Next? – CryptoPotato

That was a crazy day for the price of Bitcoin. Some would say its an ordinary day, but as we wrote here in yesterdays price analysis, after sideways action in a tight range, the primary cryptocurrency had exploded.

After trading for the last few days between $6800 $7000, it first started with a deep below the critical $6600 support, whereas the daily low was around $6472 (Bitstamp), which is the next-mentioned support level we had stated here yesterday.

But it was only a quick glitch below the $6600 because, for the following hours, we saw Bitcoin trading safely above the crucial level.

Over the past two hours, we saw Bitcoin firing up from the $6600 price area to a current high at $7150 (Bitstamp). Thats roughly a $500 gain in just two hours. Business as usual for Bitcoin?

As of now, Bitcoin looks short-term bullish. However, we will have to see how the daily candle closes. Its crucial to see a daily close above the $7000 benchmark, along with the 50-days moving average line.

Looking at the momentum indicator, the RSI is now pointing up, hovering slightly above the 50 mark. Maintaining this level is also crucial for the short-term.

Besides, the daily Stochastic RSI oscillator had made a crossover at the oversold area and about to enter the neutral territory. This aligns with the bullish reversal.

From the bearish side, we will have to see Bitcoin holding this price area. As we learned about the recent era, the Bitcoin price is in correlation with the global stock markets. As of writing these lines, Wall Street futures trading over 1% in the green, which aligns with Bitcoin.

Total Market Cap: $200.5 billion

Bitcoin Market Cap: $128.6 billion

BTC Dominance Index: 64%

*Data by CoinGecko

Support/Resistance levels: Following the breakout of the $7K zone, along with the descending trend-line as can be seen on the following 4-hour chart, Bitcoin is now facing $7150 $7200 resistance as its first mission. Further above is the 10-day high at around $7400 $7500. The latter is the highest-level Bitcoin price had seen since the COVID-19 crisis had begun.

From below, the $7K now becomes the first level of support, together with the 50-days moving average line (marked pink). A little below lies $6800, followed by $6600.

The RSI Indicator: discussed above.

Trading volume: The declining volume had ended as expected with a crazy day like today. It will be interesting to see what the price and the volume level will be at the end of today.

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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.

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Bitcoin Price Analysis: The Storm Is Here Bitcoin Just Surged $550 In 90 Minutes To Over $7K, Whats Next? - CryptoPotato

With Inflation on the Way, Bitcoin (BTC) Could Soon Stand Out: CryptoCompare – The Daily Hodl

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With the S&P 500s volatility growing to level that of Bitcoin, we thought you may be interested in some original data and insights from CryptoCompare showing how digital asset markets are riding out the storm.

Below, were looking into how top cryptocurrencies are performing compared to the US markets benchmark index.

Bitcoins Volatility Declines

We are seeing a flight to safety and the ultimate sanctuary in this climate has been the US dollar drawing capital from emerging market countries with those whose economies are reliant on natural resources left especially vulnerable.

The Fed printing dollars to have a balance sheet of over $6 trillion as well as the IMF offering SDRs means that the dollar supply is going up.

The charts below are showingthat the crypto market is down more than the S&P which is off its peak by 20%. Volatility shows the clustering effect and correlation amongst cryptocurrencies with 7-day volume sharply jumping.

The Bitcoin volume jump is not as bad as the CryptoCompare MVIS 5 index which itself has less volatility than the CryptoCompare MVIS 25 Index.

Inflation Is Coming

When the tide goes out, all boats sink and thats what we have seen in this initial phase of the crisis. Bitcoin and digital currencies have been affected to a similar degree in the short term like traditional equity markets. But in the mid to long term, we might see some shifts when investors start to look at future scenarios as the dust settles. One thing is clear inflation is coming. So TIPs, gold and utilities are the traditional ports of call Bitcoin also fits the mold.

Highly leveraged companies will be in trouble in the short term without the ability to pass through rising costs. So the S&P will be a mixed bag where some companies will be caught with declining margins and others with demand rebounds and the Feds cash injection stimulating demand will have the ability to pass through their costs and increase revenues.

Bitcoin could see some use in cross-border transactions as we start to see emerging market currencies fail. The strong draw to the dollar will see increased restrictions on capital flows that will compel some citizens to look for other routes to preserve and move wealth. Higher sovereign risk premia and ratings downgrades are on the cards.

What Is Money?

This crisis is raising the question of what exactly is money governments are being forced to open the doors to modern monetary theory (MMT) which removes the mirage of fiat. It might be difficult to go back from this unveiling, but what choice do governments have? There are the ghosts of Hayek and Keynes in these arguments.

Under these circumstances, we may see a shift to assets that cannot be perpetually diluted instead of papering over the cracks. For the moment, cash is the only port in the storm but that may prove to be a false hope in the mid to long term.

Its risk-off across the markets. Bitcoin is still novel and is great as a means of transferring value quickly, person to person, but bad at holding value. The theory is that, with time, this will change, but quite clearly, it has nascent, fragmented markets at present and isnt fulfilling the digital gold story.

Charles Hayter, co-founder and CEOCryptocompare.com

Featured Image: Shutterstock/Craig Wactor

Continued here:

With Inflation on the Way, Bitcoin (BTC) Could Soon Stand Out: CryptoCompare - The Daily Hodl

Grow Food and Supplements at Home – TNT Magazine

Proper nutrition is critical to our survival and healthy living. However, many of us tend to endanger our and our familys health and well being by neglecting it. In todays changing lifestyle, people often rely on survival food or supplies instead of nutritious food.

Survival foods such as meals ready to eat (MREs) dont contain the necessary nutrients for maintaining a healthy body for a sustained period of time.Most of these foods are created for short-term survival. Also, long-term sustenance foods such as dried, frozen, and canned foodsare extremely low on nutritional content.

People often want to make up for these deficiencies with the help of multivitamins and health supplements. Unfortunately, most of these supplements dont work because they contain substances such as magnesium stearate and sodium selenite. Magnesium stearate blocks nutrient absorptionin the digestive system by creating a biofilm. On the other hand, sodium selenite is a toxic substance.

Growing at Home:

Growing our own food and supplements at home is probably the best solution to the current crisis. Manysuperfoodscapable of addressing our nutritional needs can be grown at home without much difficulty. Most importantly, the cost of growing these foods and supplements is negligible compared to what we spend on practically useless stuff at present. These items can be grown at home by almost anyone because all the guidance you need is available online.

Food and Supplements to Grow at Home:

It is possible to grow a wide range of healthy food and supplements at home without much fuss.

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Grow Food and Supplements at Home - TNT Magazine

Digestive Enzymes and Weight Loss: Do They Help? – Healthline

Digestive enzymes are often used to support healthy digestion and increase nutrient absorption.

Studies show that they may benefit conditions like lactose intolerance and irritable bowel syndrome (IBS) (1, 2).

In addition, many people wonder if digestive enzymes could help them lose more weight.

This article reviews whether digestive enzymes can promote weight loss.

Digestive enzymes are compounds that help break down foods into smaller components that your body can absorb (3).

The three main types are:

Your body naturally produces digestive enzymes, but theyre also available in supplement form.

These supplements are often used to improve conditions like lactose intolerance and other digestive issues like celiac disease and IBS (1, 2).

Digestive enzymes help break down proteins, fats, and carbs into smaller components. Theyre produced naturally by your body and are also found in supplement form.

Some studies show that digestive enzymes may enhance the health of your gut microbiome the microorganisms that live in your digestive tract (4).

In one study, administering digestive enzymes to mice promoted the colonization of beneficial gut bacteria (5).

Plus, a test-tube study showed that pairing a probiotic supplement with digestive enzymes could help protect against changes in the gut microbiome caused by chemotherapy and a type of antibiotic (6).

Interestingly, some studies have found that the gut microbiome may play a role in weight control (7).

In fact, one review of 21 studies reported that enhancing the beneficial bacteria in your gut may reduce body mass index, fat mass, and body weight (8).

That said, more studies on the effects of digestive enzyme supplements on weight control in humans are needed.

Some test-tube and animal studies show that digestive enzymes may improve the health of your beneficial gut bacteria bacteria that may be involved in weight control.

Lipase is a digestive enzyme that boosts the absorption of fat in your body by breaking it down into glycerol and free fatty acids (9).

Some studies show that supplementing with lipase may decrease feelings of fullness (10, 11).

For example, one study in 16 adults found that those taking a lipase supplement before consuming a high fat meal reported significantly decreased stomach fullness after 1 hour, compared with a control group (10).

On the other hand, lipase inhibitors which decrease lipase levels have long been used to promote weight control by increasing the excretion of fat (12).

While more research is needed, increasing your lipase levels by taking digestive enzyme supplements could potentially increase fat absorption, thus contributing to weight gain.

Lipase may decrease feelings of fullness. On the other hand, decreasing lipase levels can promote weight loss by reducing fat absorption.

Although research shows that digestive enzymes may or may not directly increase weight loss, they could improve gut health and digestion.

They may also alleviate bloating and promote regularity, especially for those with conditions like IBS (3, 13).

Most digestive enzyme supplements contain a combination of lipase, amylase, and protease. Some types also contain other specific enzymes that can be beneficial if you have difficulty digesting certain ingredients.

Other common enzymes found in digestive enzyme supplements include:

Supplements are derived from microbial or animal sources. Although animal-based digestive enzymes are more common, microbial-based supplements may be an effective, vegan-friendly alternative (14, 15).

To ensure quality, check the ingredients label and steer clear of supplements high in fillers, additives, and preservatives. Plus, opt for supplements that have undergone third-party testing and are certified by organizations like the United States Pharmacopeia (USP).

Be sure to talk to your healthcare provider before taking a new supplement, especially if you have any underlying health conditions or are taking any medications.

Additionally, note that you should always take digestive enzymes with food to maximize their effectiveness.

Most digestive enzymes contain a combination of protease, lipase, and amylase, but they may also contain other specific enzymes to promote healthy digestion. Supplements are derived from both animal-based and microbial sources.

While digestive enzymes may not directly boost weight loss, research shows that enzyme inhibitors might.

Digestive enzyme inhibitors decrease the absorption of certain macronutrients and are sometimes used in the treatment of obesity to increase weight loss (16).

According to a review of 14 studies, supplementing with an amylase inhibitor extracted from white beans may increase both weight loss and fat loss in humans (17).

Another study showed that blocking the effects of trypsin, a protease enzyme that breaks down proteins, decreased food consumption and weight gain in rats (18).

Additionally, lipase inhibitors are used to reduce the absorption of fat, which could also result in significant weight loss (19, 20).

In particular, the lipase inhibitor called orlistat may reduce fat absorption by 30%. It does this by decreasing the production of lipase in the stomach and pancreas, resulting in weight loss (19).

One study in 40 women with obesity also found that long-term use of orlistat increased levels of certain hormones that suppress hunger and appetite (21).

However, other studies have found that orlistat could decrease these hormones and instead speed up the emptying of the stomach (22, 23, 24).

Aside from potentially affecting hormone levels, other common side effects of lipase inhibitors include diarrhea, stomach pain, and fat in the stools (19).

Enzyme inhibitors block the activity of digestive enzymes, which could promote weight loss and fat loss. However, studies have had contradicting results.

Digestive enzymes are substances that help break down macronutrients into smaller compounds to promote their absorption.

Some test-tube and animal studies show that they could improve the health of your gut microbiome, which may affect weight control.

On the other hand, digestive enzyme inhibitors have been shown to reduce food intake and increase weight loss and fat loss.

While digestive enzyme supplements may or may not directly boost weight loss, they could promote healthy digestion and regularity, especially for those with certain gastrointestinal conditions.

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Digestive Enzymes and Weight Loss: Do They Help? - Healthline

CBD in medicine: relief and regulation – Health Europa

MCN speaks to Dr Philipps about the science behind the health benefits of CBD and the need for standardised regulation of CBD food supplements.

Dr Elisabeth Philipps is a neuropharmacologist and practitioner in Functional Medicine with over 18 years experience. She operates a thriving health consultancy in the UK specialising in CBD, brain and gut health; where she provides expert opinion for private clients, corporate business programmes, the national media, specialist healthcare publications and health companies.

Im a neuropharmacologist by training, so Ive been aware of the medicinal therapeutic benefits of cannabis for a number of years. The endocannabinoid system was only discovered in the 1990s so its actually a relatively recent system that weve known about in the body, but its only been in the last two to three years that my focus has become much more intense on the endocannabinoid system, medicinal cannabis and CBD oil supplements; because of the rise in profile of those products.

The two products are quite different: hemp is extract of the whole plant, so the dietary benefits of hemp normally come from the hemp seed you could have the seeds ground or sprinkled on top of your food, for example; maybe hemp seed oil which makes a good salad dressing. Hemp oil extracts are rich in very beneficial omega-3 and omega-6 essential fatty acids; you also find things like protein and fibre as well as minerals and vitamins: magnesium and phosphorus, for example, are found within the hemp seeds themselves.

CBD is an even more refined extract from the hemp plant flowers rather than the seeds, so theres not so much [in the way of] dietary benefit; but it contains the compounds such as the phytocannabinoids, and other compounds such as flavonoids and terpenes, which can confer health benefits; so you get the dietary benefits from hemp seeds and hemp seed oil and you get other health benefits from consuming CBD.

[There are] three primary areas that people find CBD works for them: the sleep area, to help improve the quality of sleep; people report being able to [get to] sleep more easily, stay asleep and feel more refreshed when they wake up. [The second area is] pain, which comes in many different forms it can be nerve pain or neurogenic pain or inflammatory pain, so conditions such as arthritis, for example, or more acute conditions such as sporting injuries or general inflammatory injuries. People report taking CBD oil as helping to reduce the response to pain. Whats been very interesting in the study of CBD and phytocannabinoids in pain pathways is that not only is it blocking the pain pathways themselves in the spinal cord and brain, but also CBD acts within the parts of the brain that helps change our perception of pain. Thats really key, because its how we respond to the pain signals in our bodies that gives us the intensity of the experience; so CBD is an important component of a programme to help manage different types of pain.

The third area that I find CBD can really help is in mood, in particular [for patients who are] feeling anxious or stressed. CBD has this ability, through various pathways in the brain, to help balance the systems that help us feel better, to improve wellbeing, to improve our mood. CBD works at the neurotransmitter level, transmitting chemicals in the brain that send signals to help provide a balance. There are a number of studies coming in: theyre relatively small scale, but theyre looking at CBD oil for anxiety and for sleep and they have showed improvement in those areas; but the science is beginning to play catch-up now as well.

CBD interacts with our own endocannabinoid system and I think thats really key, because when you take a medicine its a very blunt tool: it either turns something on or turns something off; it blocks a response or it produces a response. CBD is lot more subtle than that within the body, because it works within the endocannabinoid system and that system is spread throughout our body the endocannabinoid system is in the gut, the brain, in the immune cells, in the lungs, in the skin so thats why CBD can have such a diverse number of effects.

We produce our own cannabinoids within the body to stimulate and produce effects; and CBD helps balance the bodys production and the bodys ability to activate the endocannabinoid system through its own naturally produced mediators. Theres a lot of science showing how CBD acts within the endocannabinoid system and produces its responses.

This can be a very confusing area, because there are so many products that have hit the market. First of all, a CBD food supplement is legal in the UK if it contains less than 0.2% THC or tetrahydrocannabinol. That is the cannabinoid which causes the commonly associated high or buzz that you get from marijuana; its only present in hemp in very low levels anyway and its been stripped out of CBD oil. You need to ensure that youre taking a legal product that contains less than 0.2% THC; and you can do that by asking the company for a certificate of analysis.

Every batch of CBD oil that a reputable company receives will have had a third-party laboratory testing [conducted] on that particular batch of oil, which will have a batch number so it can all be traced. That will show the breakdown of the different cannabinoids and the different constituents of that particular oil so youll be able to see not only that it contains the legal limit or less of THC, but the amount of CBD that it says on the label as well thats where the product can vary drastically, so you need to have a look at that certificate of analysis to show that it contains the CBD that you want. You will find some companies selling 0% THC products, which are very useful especially if you are drug tested for work or if youre a professional athlete. The Banned Substances Control Group (BSCG) can test for THC and other banned substances and can provide a certificate to show that you dont have any of those substances within your product. Reputable companies should have their certificates of analysis on their websites; or have a chat with them and they should provide that information for you.

This is a very interesting time for CBD and medical cannabis: theres obviously a lot going on and theres a lot in the news. I think there needs to be more CBD regulation within the industry, because theres a wide range of products on the market that differ in terms of their CBD content and what they purport to have in them; so there needs to be more CBD regulation, theres no doubt about that. Equally [there is a question of] how that CBD regulation is brought in: the industry is playing catch-up in a way because the popularity of the product has grown exponentially in the last few years.

What we need to see is regulation, working with food standards agencies and [other regulators] at a government level. I think that will evolve over the next few months and years; and its going to be [because of] FourFive and other reputable companies that are working with the regulators, to help the industry in a way that protects it and still provides consumers with quality products.

There is no doubt that the CBD regulation will change; and that it needs to protect the industry in terms of protection of products and protect consumers as well. I think its a case of companies and experts working with both agencies and the regulators: the impact on patients is our primary concern; and we are working towards avoiding any impact so there is seamless availability of quality products on the market. That is a goal that everyone is working to at the moment: every country is different and were just going to have to keep working together to make sure that high quality products [are going] to be readily available.

Brexit will potentially free up time and space for this topic to be higher up agendas. I believe that Brexit has possibly moved discussions of CBD and medical cannabis off the table or further down the list [of priorities]. I do think well see more discussions happening in the next few weeks and months as Brexit resolves. At the moment were still working under European guidelines, in terms of the food supplement side at least, but it will be interesting to see how that pans out as we leave Europe; and as with many different areas of Brexit its still a bit of an unknown as to how EFTAs [the European Free Trade Association] regulations and rules will affect the Food Standards Agency on the UK side. There will definitely be more discussion around this, certainly in the groups that Im involved with; and we know that there are greater discussions to be had in the next few months.

Dr Elisabeth PhilippsNutritional Therapistwww.hartwellnutrition.co.uk

This article appeared in the second issue ofMedical Cannabis Networkwhich is out now. Clickhere to get your free subscription today.

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CBD in medicine: relief and regulation - Health Europa

Called the condition of salvation of people after the fall of the asteroid – The KXAN 36 News

In the case of an asteroid strike to the Earth the mankind can be saved only if some people already would live on Mars. About it in conversation with journalists has told the head of the laboratory of neutron and gamma-ray spectroscopy Department of nuclear planetology space research Institute of RAS Maxim Litvak.

Move to Mars, as scientists noted, may be a saving grace for the part of civilization from the point of view of a global catastrophe. However, the relocation of mankind on another planet, too, has its pitfalls.

In the case of gravitational perturbations, caused, for example, rearrangements of the orbits of planets like Jupiter as it is, I assume, was previously in the inner Solar system can be attracted by objects from the asteroid belt, which, as the shrapnel will cut everything in its path, and the probability of their entering not only the Earth but also Mars can be very large, quotes the words of Litvak RIA Novosti.

The scientist also underlined that humanity, on whatever planet it lived, will not save civilization with the demise of the Sun. In this case, lost almost the whole Solar system entered into a Litvak.

As previously reported NEWS.ru scientists have made the most realistic model of destruction of an asteroid approaching the Earth. This will help to develop ways of protecting the planet.

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Called the condition of salvation of people after the fall of the asteroid - The KXAN 36 News

The chance to colonize Mars was appreciated in Russia – The KXAN 36 News

Humanity will take the first attempt the colonization of Mars relatively soon, but the fit of the red planet by people very distant future, said in an interview with RIA Novosti head of the laboratory of neutron and gamma-ray spectroscopy Department of nuclear planetology space research Institute of RAS Maxim Litvak.

"Probably the first attempt of colonization of Mars people will do relatively soon. But to adjust the Mars for yourself its a very distant future. With the available technology it is impossible in principle, so we can only fantasize," he said.

However, the scientist believes that the time has come to leave humanity out of your "shell".

"it is important to understand how long we can live and grow outside of our "cradle" ability of humanity to adapt to all conditions, including the still unknown and how can we be mobile", he said.

According to Litvak, train to live on other planets on the moon.

"the Crown of the Russian lunar program will be a permanent base on the surface. But at intermediate stages we need to work very well with automatic stations and robots to create all conditions for this," he explained.

The scientist also said that already discusses the different technologies for oxygen and hydrogen, the sintering building materials from lunar soil and test them on the moons surface and onboard automatic landing missions.

He added that of particular interest are the polar regions of the moon because of the potentially large quantities of water and resources.

Excerpt from:

The chance to colonize Mars was appreciated in Russia - The KXAN 36 News

Virginia removes abortion safeguards and threatens free speech – The Christian Institute

The Governor of Virginia has signed into law two progressive Bills on abortion, sexual orientation and gender identity.

The states new Reproductive Health Protection Act rolls back safeguards for unborn children. Mothers will no longer have to be offered an ultrasound and an opportunity to hear their childs heartbeat at least 24 hours before going ahead with an abortion.

The state branded the protections medically unnecessary restrictions on womens healthcare.

During a debate on the legislation, Delegate Kathy Byron said the Act denies mothers complete information on what an abortion means, its consequences, its implications, its alternatives leading them to be less informed on one of the most important decisions that they ever make.

Roman Catholic Bishops Michael Burbidge and Barry Knestout said: Over the past eight years, abortions have decreased by 42% in Virginia. Tragically but undoubtedly, these changes to our state law will reverse that life-saving progress and increase the number of abortions.

The following day, the Governor also signed into law the Virginia Values Act, which claims to prohibit discrimination on the basis of sexual orientation and gender identity. Critics have warned the Bill threatens free speech.

Gregory Baylor, Senior Legal Counsel for religious liberty group Alliance Defending Freedom, previously said that the Act is a dangerous path which coerces uniformity of thought and speech on beliefs about marriage, sex, and gender.

He explained that laws elevating sexual orientation and gender identity to protected classes have a proven record of undermining both fairness and freedom for all citizens.

He highlighted similar US laws which have empowered the government to force people who willingly serve everyone to promote messages and participate in events that violate their faith or convictions.

Last month, female MPs in the UK spoke out against the silencing of women by transgender activists.

The SNPs justice spokeswoman, Joanna Cherry MP, said that Professor Selina Todd accused of being transphobic for challenging the narrative that transgenderism has been prevalent throughout history had been censored simply for asserting womens rights.

She added: If we allow bullies to triumph over free speech in one area of public discourse, we are giving them free reign to triumph over free speech in other areas of public discourse.

Jackie Doyle-Price MP commented that it is not at all transphobic to argue in favour of female-only spaces such as changing rooms.

Irish Govt follows GB to bring in DIY abortion

Poetry Library makes courageous stand for free speech

Academic branded transphobic for stating biological fact

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Virginia removes abortion safeguards and threatens free speech - The Christian Institute

[WEBINAR] Free Press on Campus and COVID-19: A Leadership Roundtable with Student Journalists – PEN America

Friday, April 24, 2020 | 2:30 pm 3:45 pm

An online forum hosted by PEN Americas Campus Free Speech Program

This is PEN Americas third online forum in our webinar series, Free Speech & the Virtual Campus. More webinars will be announced.

As COVID-19 has shifted campuses online and media outlets have scrambled to cover the crisis, student press groups around the country have stepped up in enormous ways to serve their communities. Amid challenges with finances, staffing, printing, records access, and university staff communications, student journalist leaders continue to move their teams forward in support of an informed public.

Join PEN America and the Student Press Law Center in a roundtable with student press leaders from eight universities as we discuss ways to navigate this crisis and safeguard free expression and a free press in these turbulent and uncertain times.

REGISTER HERE

Mike Hiestand has been integral to the Student Press Law Centers (SPLC) success since 1989. He was an SPLC intern, its first legal fellow, and then served as full-time staff attorney from 19912003. Over the years, he has assisted about 16,000 student journalists and advisers. He currently works from the west coast on the SPLC hotline and related projects. In 201314, Hiestand traveled around the country with Mary Beth Tinker, teaching and speaking out on behalf of student press rights and free expression. Tinker Tour USA kicked off on Constitution Day at the National Constitution Center in Philadelphia. The bus logged 15,595 miles across the American east coast, midwest and southeast speaking to more than 20,000 students and teachers at 58 stops, including schools, colleges, churches, a youth detention facility, courts, and several national conventions. In the spring of 2014, The Tinker Tour moved on to schools and events in the American west, midwest and southwest, as well as a stop in Sao Paulo, Brazil, and Vancouver, Canada. Hiestand, who grew up in Alaska, graduated from Bartlett High School in Anchorage and went on to Marquette Universitys College of Journalism and Cornell Law School.

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[WEBINAR] Free Press on Campus and COVID-19: A Leadership Roundtable with Student Journalists - PEN America

The Trump campaign’s frivolous lawsuits are next-level threats to the First Amendment – Business Insider – Business Insider

President Donald Trump is a menace to the First Amendment.

His hostility to the White House press corps and the non-right-wing news media is well documented.

But while being rude to reporters and reflexively shouting "fake news" are effective tactics to make his base even less inclined to believe anything negative about Trump, they're trivial concerns compared to the speech-chilling lawsuits filed by his reelection campaign against media outlets both big and small.

These petty lawsuits accusing various outlets of libel have little chance of success, but they will drain resources from media organizations who have published or aired opinions and ads that are critical of the president.

And they will serve as warnings to every organization that a deep-pocketed presidential campaign is willing and able to bring the pain.

Trump's reelection campaign has filed suit against CNN, The Washington Post, and The New York Times for publishing opinion pieces that they claim are libelous.

It "flies in the face of basic First Amendment doctrine," Theodore J. Boutrous Jr., a California lawyer who has worked on a number of high-profile free-speech cases, told The New York Times.

He added: "The complaint is attacking opinions where the authors are expressing their views based on widely reported facts."

Put simply, opinions are protected by the First Amendment. Even opinions that aren't 100% based in fact are protected by the First Amendment.

Libel, which requires "actual malice" that a deliberately false statement was published to hurt a person's reputation, is not protected by the First Amendment. And that's a good thing for Trump, because he's been well known to say patently false things about people with the intent of disparaging their reputations.

Trump's latest salvo in his war on free expression is a suit filed by his campaign against the small television station WFJW, a northern Wisconsin NBC affiliate. The station had been airing an ad produced by Priorities USA, one of the largest and well-funded pro-Democratic Party super PACs.

In the ad, titled "Exponential Threat," a series of Trump clips are played over ominous music. Early in the ad, two clips from two different Trump recordings are played back to back: "The coronavirus this is their new hoax."

In reality, Trump never directly called the coronavirus a "hoax." He did regularly downplay the danger it posed, likening it to the flu, and even opined that it would just miraculously disappear. Trump's "hoax" comment was a reference to the Democrats' failed attempt to remove him from office through impeachment.

To Trump, that was a "hoax," just as Democrats' criticism of his administration's response to the then burgeoning crisis was a "hoax." Is that dirty pool, or is that just politics?

"If this is the bar for what is a defamatory campaign ad then the vast majority of campaign ads are defamatory," Ken White, a California civil-liberties lawyer who blogs and tweets under the "Popehat" moniker, told Insider. White added: "Even arguably taking [words] out of context is absolutely routine. It is not a false statement of provable fact."

White says the Trump campaign's allegation of libel is a "nonsense argument" that is "performative" and "doesn't have much of a chance of succeeding in the long term."

But, he adds: "Even when a lawsuit is completely frivolous, it's ruinously expensive to defend. For most individuals and small businesses, it's completely impossible to afford. And even for a relatively moderate-sized business like a TV station, it can destroy it."

White thinks it's not a coincidence that the campaign chose to sue an individual TV station rather than the well-funded super PAC that produced it. He also thinks the fact that they chose Wisconsin, which Trump narrowly won in 2016, was strategic: Wisconsin has no anti-SLAPP law.

SLAPP Is an acronym for Strategic Lawsuits Against Public Participation. They are the lawsuit equivalent of censorship by intimidation. Anti-SLAPP laws which vary from state to state allow defendants to request a motion to dismiss a frivolous suit before it bleeds them financially dry.

To recap: The Trump campaign is ignoring the big-money super PAC and is instead going after a small TV station in a state where there are no protections against bogus lawsuits like this.

These cash-draining suits come at a time when an already struggling industry is bleeding even more jobs as a result of the coronavirus pandemic. And while major corporate media outlets like CNN, The Washington Post, and The New York Times have the resources to fight such suits, a small Midwestern TV affiliate surely does not.

Should this suit move forward in Wisconsin's legal system, it will send a chill up the spines of any modestly funded media outlet that wants to publish anything even a campaign ad that makes Trump look bad.

This goes beyond "fake news" insults; it is an intimidation tactic by the president designed to bring the media to heel by causing financial ruin in response to coverage he doesn't like.

There was an attempt at anti-SLAPP legislation at the federal level, the SPEAK FREE Act of 2015. While it had bipartisan support of 30 members of Congress, it wasn't enough for the bill to make it out of committee. But this is a worthy law for Congress to take up, because it defends the First Amendment from deep-pocketed bad-faith litigants.

No one, not even Trump, should be able to sue free speech into submission.

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The Trump campaign's frivolous lawsuits are next-level threats to the First Amendment - Business Insider - Business Insider