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Why Trump believes ‘Bitcoin just seems like a scam’

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Bitcoin is down big time today and it might have something to do with the former US President.

Donald Trump says Bitcoin is a scam against the dollar that needs “very very high regulation”.

Bitcoin and other cryptocurrencies remain unregulated within the U.S. financial system.

Bitcoin was down nearly 8 per cent on Tuesday and its been dropping by the hour.

The former President was interviewed on Fox Business and said “Bitcoin just seems like a scam”

“I don’t like it because it’s another currency competing against the dollar. I want the dollar to be the currency of the world. That’s what I’ve always said.”

Trump also added that “It takes the edge off of the dollar and the importance of the dollar.”

Back in July 2018, Trump sent out a tweet out sharing his distrust for digital currencies.

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Jesse Baird and Luke Davies – Two bodies discovered in search for missing Sydney couple

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In a tragic turn of events, two bodies have been found in the search for missing Sydney couple Jesse Baird and Luke Davies, who were allegedly murdered by a serving police officer.

The grim discovery comes after days of intense searching across multiple crime scenes, culminating in the retrieval of the couple’s remains near a remote property approximately two hours south of Sydney on Tuesday afternoon.

Detective Superintendent Danny Doherty said during a press conference that homicide squads opened a new crime scene in Bungonia, which was about 20 minutes from the original crime scene.

‘There were two surf bags that have been found,’ he said.

‘And some debris and other items of interest of significance that are located.

‘And at that stage it was declared a crime scene and immediately the family were informed of the development.’

He also said Lamarre-Condon revealed where the bodies were located after he received legal advice.

It was the first time he cooperated with police during the investigation.

Prior to becoming a police officer, Lamarre-Condon was a celebrity blogger

‘We are very confident we have located Luke and Jesse,’ she said.

‘Today, this afternoon, detectives attached to Strike Force Ashfordby located a second crime scene in Bungonia which is a separate scene which they had been searching yesterday and earlier.’

The unfolding tragedy began to unravel when Senior Constable Beau Lamarre-Condon was charged with the murder of Channel 10 personality Mr. Baird, with whom he reportedly had a brief romantic involvement, and Mr. Davies.

The young couple is believed to have been shot dead at a residence in Paddington on February 19.

Assisting police

Following the discovery of bloodied clothing and personal items belonging to the couple in a skip bin in Cronulla, a manhunt was launched on February 20.

Despite initial resistance, Lamarre-Condon eventually surrendered to authorities at Bondi Police Station on February 23.

Police allege that Lamarre-Condon’s predatory behavior towards Mr. Baird escalated following their breakup in late 2023.

Furthermore, evidence uncovered by investigators, including blood and a bullet cartridge matching the constable’s service weapon, suggests a meticulously planned attempt to conceal the murders and dispose of the victims’ bodies.

Detectives say Lamarre-Condon assisted police with locating the bodies during an interview on Tuesday.

“He was forthcoming about the location of the two people.”

“What we will allege is the accused went back to the property and moved those bodies to the current location.”

Various locations

The van allegedly utilised by Lamarre-Condon to transport the victims’ remains was tracked to various locations, including the crime scene in Paddington and a property in Bungonia, before ultimately being located in Sydney’s southern suburbs.

Detectives assert that Lamarre-Condon also purchased tools and equipment, such as an angle grinder and weights, in further efforts to cover up the crimes.

Despite the constable’s initial refusal to cooperate with authorities in locating the bodies, information provided by Lamarre-Condon eventually led to the discovery of the couple’s remains near the remote property in Bungonia. The tragic end to the search for Jesse Baird and Luke Davies serves as a sobering reminder of the complexities and challenges inherent in law enforcement investigations.

 

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After string of flops, Disney’s live action movie head departs

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Disney has announced that Sean Bailey, the head of its live-action movies division, will be stepping down from his position.

The news comes as part of an executive shuffle within the entertainment giant, with Bailey’s successor named as David Greenbaum, former co-president of Disney’s Searchlight Pictures.

Greenbaum will assume the role of president of Disney live action and 20th Century Studios.

The decision to appoint Greenbaum to this newly created position is aimed at fostering greater collaboration within Disney’s production slate.

The move aligns with the company’s strategy to streamline operations and enhance efficiency across its various divisions.

Activist investors

The reshuffle at Disney comes at a time when the company is facing pressure from activist investors.

Notably, activist Nelson Peltz has urged Disney to focus on improving streaming margins and to undertake a review of its creative processes to enhance output from its studios.

Despite the change in leadership, Searchlight Pictures, under the leadership of President Matthew Greenfield, will continue its operations. Greenfield assumed the presidency alongside Greenbaum in 2021.

In the wake of his departure from his executive role, Bailey will remain involved with Disney as a producer on upcoming projects, including the highly anticipated “Tron: Ares” movie.

The announcement of Bailey’s departure and Greenbaum’s appointment underscores Disney’s commitment to adapting to the evolving entertainment landscape and maximizing its creative potential.

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Is China’s space rise a challenge to the U.S?

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As China accelerates its space program, the U.S. finds itself navigating uncharted territory, grappling with the implications of an emerging space power.

The space arena, once dominated by the U.S., is witnessing a paradigm shift.

China’s advancements include the successful deployment of advanced satellites, groundbreaking research in space weaponry, and the establishment of a lunar base. #featured #ticker today

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