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Ethereum Price Remains Below $2,000 Despite Bitcoin Rally – BeInCrypto

Ethereum (ETH) Price remains below $2,000 despite a resounding 15% rise in the global cryptocurrency market cap (TOTAL CAP). Are institutional investors overlooking Ethereum amid the Crypto ETF rave?

On-chain data and general market sentiment suggest that crypto derivates traders appear to be favoring Bitcoin ETF over ETH alternatives. How could this impact ETH price?

Fluctuating user activity is one of the key factors that has slowed down the ETH price rally in recent weeks. According to IntoTheBlock, ETH has not been able to maintain steady growth in Transaction Volume despite renewed interest among institutional investors.

The chart below shows how ETH Transaction Volume fluctuated wildly in June 2023. At the monthly peak on June 5, 3.98 million ETH were transferred among Ethereum users. Since then, it formed a series of zig-zag patterns before it reached 1.86 million ETH again on June 28.

Transaction Volume provides a picture of real-time changes in economic activity carried out by network participants. When it rises, it puts upward pressure on the price of the underlying token.

Over 20% of Ethereums circulating supply is currently staked in smart contracts. Most investors are more interested in generating passive income from their ETH than utilizing it in daily transactions.

This has played a pivotal role in ETH price stagnation in recent weeks. If the Transaction Volume remains in a downtrend, ETH price could face more headwinds in the coming weeks.

Furthermore, Ethereum also appears to be losing ground to Bitcoin in the battle for investors attention. Reports show that institutional investors are showing a preference for Bitcoin ETF over similar ETH funds.

On-chain data corroborate this report, as ETH Social Volume has dropped significantly in recent weeks.

As of June 29, ETH Social Volume is down 86% to 1,655 from its recent high of 11,959 on June 7.

Social Volume tracks the volume of mentions of a project across relevant crypto media channels. When it drops significantly, as seen above, it indicates that investors are paying less attention.

In summary, fluctuating transaction volumes and lag in social sentiment could see ETH prices continue to move at a relatively slow pace.

Given the aforementioned factors, the ETH price will likely consolidate around $1,900 in the coming days. As seen below, 2.3 million investors that bought 1.52 million ETH at the average price of $1,908 could slow down the rally.

If ETH scales that zone, it will face another major resistance around the $2,000 mark. At that zone, 660,000 that bought 26 million ETH could look to book some profit.

Still, ETH could fall into a downtrend if the price slips below $1,800. However, the buy-wall from 3.39 million investors that bought 11 million ETH at the average price of $1,803 could offer support.

But failure to hold that support line could otherwise trigger a further drop toward $1,700.

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions.

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Ethereum Price Remains Below $2,000 Despite Bitcoin Rally - BeInCrypto

Beyond Bitcoin: The diversity of cryptocurrencies in sports betting – BusinessCloud

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Newer and better cryptocurrencies get added to the list every day, making crypto sports betting more enthralling and rewarding for betting enthusiasts.

Cryptocurrencies like Bitcoin, Ethereum, Litecoin, and Dogecoin have slowly made their way to the world of sports betting, and it is being widely accepted as a payment method in thousands of crypto casinos and sportsbook sites. Cryptocurrencies are changing the entire landscape of online gambling and sports betting, making it much easier for gamblers and bettors to place bets and get payouts in the fastest and cheapest way possible.

Crypto sports betting sites do not need any third party to manage or hold funds, making the transactions more secure, affordable, and faster than traditional payment methods. Additionally, crypto sports betting sites offer anonymity and privacy to the bettors, which can be essential factors for those who want to keep their betting activities private.

In this article, we will see how crypto sports betting is not only about Bitcoin, the first crypto introduced in the betting industry, but how crypto will shape this sector as the best alternative to other payment methods.

The future of crypto sports betting is shining brighter than ever with the introduction of newer cryptocurrencies and the improvement of blockchain technology. Numerous top crypto sports betting sites allow punters to bet on their favorite sporting events using a wide range of tokens. The entire process of creating an account, depositing funds, and withdrawing winnings using crypto is much more secure, efficient, and faster than any payment method in the world.

One of the greatest benefits of Bitcoin sports betting is that it is highly convenient, allowing players to place their bets anywhere in the world, anytime. It is an excellent option for those residing in countries where gambling or betting is illegal but would like to bet on their favorite teams. Another reason why the future of crypto sports betting is inevitably great lies in the use of blockchain technology which eliminates all risks of identity theft and fraud.

Overall, crypto sports betting has excellent advantages over traditional payment methods, and it is incredibly convenient, secure, fast, and inexpensive to use crypto for betting.

The first ever cryptocurrency that disrupted the entire online betting industry was Bitcoin which provided a secure, decentralized, and transparent way of making transactions. It allowed bettors to make payments without intermediaries like payment processes or banks. It offered faster, less costly, and simpler transactions than any fiat-based payment method. Bitcoin also enhanced the anonymity and privacy of online betting since the transactions are decentralized and pseudonymous, which allows players to wager or bet anonymously.

Building around the success of Bitcoin, many new cryptocurrencies entered the online betting industry and gave rise to thousands of crypto sports betting sites, all providing distinctive features and addressing the limitations of Bitcoin. One such example is Ethereum, which pioneered the concept of blockchain technology and smart contracts. The self-executing smart contracts operate on the ETH blockchain and are used to allow transactions on crypto sports betting platforms without using any intermediary. Crypto or Bitcoin sports betting has created many new opportunities for sports bettors, including decentralized gambling, betting, and prediction markets where punters can participate without any centralized operator.

Bitcoin (BTC) and Ethereum (ETH) are the most popular digital currencies within and outside the sports betting industry. However, other choices are available to betting enthusiasts, such as Ripple (XRP). Ripple is a relatively new currency that focuses on delivering low-cost and fast cross-border transactions on crypto sports betting sites. The distinct consensus algorithm of Ripple, along with its distribution network, makes it one of the best choices for crypto sportsbooks who want to streamline their payment processes and simultaneously reduce transaction costs. The technology offered by Ripple also has great potential to streamline, secure, and accelerate international transactions within the crypto sports betting industry, thus benefiting both sportsbooks and players.

Litecoin (LTC) is also a major crypto, popularly known as silver to Bitcoins gold, that provides faster transactions than Bitcoin and is being used by crypto and Bitcoin sports betting sites at an exponential rate. Other newer cryptocurrencies, such as EOS, DASH, and Zcash, are being utilized in the online betting space, offering special features, including enhanced privacy, increased scalability, and quicker transactions.

If you are interested in betting on sports using crypto like Bitcoin, be sure to check out the bitcoin sportsbook available in your country. This is a great way to enjoy the benefits of cryptocurrencies, such as security, anonymity, and fast transactions, while also betting on your favorite sports teams and players.

In conclusion, with developments and advancements in blockchain technology and crypto, the sports betting industry is undergoing great transformation, shaping the industrys future in creative and thrilling ways. However, the explosion of Bitcoin sports betting sites also means that bookmakers and players should remain cautious about the risks involved in this new technology. The value of digital assets continues to be highly volatile, and despite the exponential growth, the regulatory and legal landscape still remains uncertain. Nevertheless, the rise of the crypto sports betting industry grants excitement and opportunity for all parties involved in the sporting world.

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Beyond Bitcoin: The diversity of cryptocurrencies in sports betting - BusinessCloud

Blockchain Transparency in Bitcoin, Cardano and DogeMiyagi – NewsWatch

The emergence of blockchain technology has transformed the concept of data transparency, introducing an unparalleled level of openness in financial systems. This groundbreaking development has sparked widespread speculation about blockchains potential to establish a new benchmark for transparency. Through the utilisation of a block explorer, network participants gain the ability to explore and retrieve information pertaining to the assets and transactions linked to public addresses within the blockchain.

In the realm of cybersecurity, this transparency enables decentralised threat data to be readily available. While some argue that comprehensive analyses and reports provide sufficient confidence in the performance of security solutions, there is a potential for bias since these reports are often commissioned and paid for by the companies themselves. However, with blockchain, the inherent transparency eliminates such biases, ensuring a more impartial and trustworthy system. Let us shed some light on the blockchain transparency of three cryptos: Bitcoin (BTC), Cardano (ADA) and the new meme coin on the scene DogeMiyagi (MIYAGI).

Bitcoin (BTC) stands out with its unmatched level of transparency, which may be unfamiliar territory for many individuals. Every transaction conducted with Bitcoin is publicly visible, traceable, and permanently documented within the Bitcoin network.Bitcoin addresses serve as the sole information used to identify the allocation and destination of Bitcoins. These addresses are generated privately by users wallets; once an address is utilised, it becomes linked to the transaction history it has been involved in.

Consequently, anyone can view the balance and transaction details of any given address. Since users typically need to disclose their identity to receive services or goods, Bitcoin addresses cannot provide complete anonymity. It is important to note that while something may not be currently traceable within the blockchain, its traceability could potentially be established in the future due to the immutability of the blockchain.

While the Cardano blockchain ensures public visibility of transactions and addresses, it incorporates privacy-enhancing features through its smart contract platform, Plutus. By leveraging Plutus, users can implement privacy-preserving smart contracts, enabling secure transactions while safeguarding sensitive information.

Cardanos unique approach to transparency and privacy grants users greater control over their data. By integrating privacy features, Cardano aims to protect sensitive information while upholding the advantages of transparency. Users have the flexibility to engage in public transactions or utilise privacy-preserving mechanisms, offering an optimal balance between privacy and security.

The emphasis on privacy and transparency in Cardano fosters user trust and fortifies the networks overall resilience. Users can rely on the blockchains integrity while having the freedom to safeguard their privacy when required. This equilibrium between transparency and privacy strengthens the Cardano ecosystem, enhancing its credibility and appeal to individuals and enterprises alike.

DogeMiyagi (MIYAGI), a rising altcoin in the cryptocurrency market, has gained significant popularity due to its unique blend of martial arts inspiration, community unity, and transparency. Built on the Ethereum blockchain, this decentralised cryptocurrency aims to provide a secure and transparent investment option for traders.

DogeMiyagi has emerged as a popular option among traders due to its strong emphasis on security and speed. The platform leverages the reliable Proof-of-Stake (POS) mechanism to safeguard user data and funds, instilling confidence in investors regarding the safety of their assets. With this robust security measure in place, traders can trade with peace of mind knowing that their investments are well-protected.

In addition to security, DogeMiyagi offers impressive transaction speeds. The efficient POS mechanism allows for swift payment processing, enabling users to conduct transactions quickly and smoothly. This combination of security, speed, and a playful dog-themed concept has contributed to the growing popularity of DogeMiyagi as a favoured meme coin among investors.

DogeMiyagi:

Website: https://dogemiyagi.com

Twitter: https://twitter.com/_Dogemiyagi_

Telegram: https://t.me/dogemiyagi

DISCLAIMER: The financial and crypto market information provided on NewsWatchTV.com is intended for informational purposes only and should not be construed as investment advice. Readers are encouraged to conduct their own thorough research and consult with financial experts before making any investment decisions. By choosing to continue reading hereinafter, you acknowledge and expressly undertake/guarantee that NewsWatchTV.com shall be absolved from any and all potential legal action or enforceable claims arising from the information presented.

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Blockchain Transparency in Bitcoin, Cardano and DogeMiyagi - NewsWatch

What We Know About ‘Microchip,’ the FBI’s Far-Right Judas – Southern Poverty Law Center

The government deployed Microchip as a witness in the trial of Douglass Mackey, aka Ricky Vaughn, part of the mostly online alt-right coalition that helped boost Donald Trump to the presidency in 2016. Following four tense days of deliberation, a jury convicted Mackey of election interference on March 31, increasing the probability that Microchip might provide information for future federal prosecutions of a similar nature.

During the trial, the court granted Microchip the ability to keep his real identity secret, which is relatively rare, and sometimes not granted to witnesses even in cases involving mobsters or members of drug cartels. The trial established that Microchip is working for the FBI on multiple cases and has been a source for them for five years, going back to the time around the 2018 midterm elections.

A 2018 post from Microchip's "Pro" Gab account.

Microchip has deep connections to the pro-Trump radical right, and his cooperation with unknown FBI investigations could have profound implications for his allies. He testified at trial in March that he pleaded guilty to a conspiracy against rights, which is a charge along the lines of what Mackey faced. The public admission of Microchips crime marked the end of an online persona based around being untouchable.

I cant believe Ive gotten away with what Im doing for so long, Microchip wrote in a direct message in October 2016, according to testimony in the Mackey trial. We have a million-dollar campaign in Hillary and they have no idea how I spread like cancer.

Here is what Hatewatch knows about Microchip and his work as a federal informant:

Although Microchips identity remains secret, he showed up in court on March 22 unmasked. Everyone in court that day, including Douglass Mackey, Mackeys family, the jury and the reporters present, saw Microchips face. Online, Microchip favored an avatar featuring an impish young man wearing a MAGA hat and raising an ice cream cone. The real Microchip is a middle-aged man.

Microchip entered court wearing a hoodie, and carried himself with a vague swagger that matched his reputation as an online troll. That trolling attitude crept into his testimony, like when he defined the hateful and pro-fascist imageboard website 4chan to the jury as a place where internet intellectuals get together to discuss current events.

Microchip's Twitter account in March 2016 sharing fake news about senator and then-presidential candidate Ted Cruz.

On the stand, Microchip described himself as a mobile app developer. He said he is presently self-employed. He previously told Buzzfeedhe lives in Utah. He told the jury he first joined Twitter in 2015, where he shuffled through numerous accounts as moderators struggled to keep up with his stream of hate-inflected disinformation.

Microchip also posted on the white supremacist-friendly social media platform Gab, where he used a verified account. Unlike Twitter, Gab did not repeatedly suspend him, making it easier for researchers of the radical right to find his numerous posts in one place.

When not trafficking in disinformation and hate, Microchip liked to post about cryptocurrency, namely Bitcoin, and so-called altcoins such as Ripple. He expressed an interest in day trading crypto, which means buying and selling the currency in a speculative, short-term manner.

Microchip claimed during testimony that a loathing for Hillary Clinton and a desire to undermine her ambitions motivated him to publish disinformation more than any admiration he might have held for Trump. Other statements he has made about his ideology through the years are inconsistent, but lean into fringe, far-right and conspiratorial ways of seeing. He has praised Adolf Hitler,as well as the terroristic neo-Nazi group Atomwaffen Division.

Mackeys attorney Andrew Frisch grilled Microchip on the stand about his past drug use, which the FBI documented. Microchip confessed to using hallucinogens such as psychedelic mushrooms, and harder, more addictive drugs like heroin, primarily in the early 2000s.

Frisch also brought out several comments Microchip made about Adderall, a legally prescribed stimulant used to treat attention-deficit/hyperactivity disorder (ADHD), as part of a string of questions about his mental health. He confessed to using Adderall more recently than the other drugs.

Frisch: Did you say in this tweet: I'm now 36 hours into my Adderall and ChatGPT marathon. Did you say that?

Microchip: I did.

Frisch: Do you know what ChatGPT is?

Microchip: I do.

Frisch: What is it?

Microchip: Its a generative AI; a generative artificial intelligence using a language model.

Microchip's updated, nonsensical Twitter bio from February 2023.

Frisch highlighted a nonsensical recent Twitter bioMicrochip published and posted under in February:

Frisch: Do you recognize this one?

Microchip: I do.

Frisch: Did you tweet this one?

Microchip: I didnt tweet that. Thats my profile.

Frisch: Thats your profile.

Microchip: Thats right.

Frisch: It says: I drink Black Rifle coffee, wear a fishnet trucker hat, have a Jesus tattoo, and inject testosterone. George Santos and John Kirby Stan account. Pro-balloon. Did you write that?

Microchip: I did.

Frisch: By the way, Stan is a modern slang word for being a fan of. Is that fair?

Microchip: Big fan of those two, yeah.

George Santos is a New York congressman who has been accused of fraudand of fabricating many elements of his life story. John Kirby is a spokesperson for the Department of Defense who has helped craft messaging about Americas military withdrawal from Afghanistan.

Frisch also highlighted a post in which Microchip wrote, I have the crazy, which the defense attorney successfully fought to have entered into evidence. Frisch also quoted another over-the-top tweet Microchip wrote about his mental health.

Frisch: This one is February 13, 2023. You say: 3,109 crazy tweets over two weeks. What can I say, Im insane, on pills, dont shower, can barely take care of myself, hear voices, talk to the walls, and can predict the future. Did you say that?

Microchip: I did.

Microchip offered the jury a summary of why he chose to plead guilty to participating in a conspiracy against rights. He described the part he played in group direct messages on Twitter that were littered with different pseudonymous extremists who collaborated to deceive the public. Microchip himself ran, or headlined by name, direct message groups where people crafted politically charged disinformation.

Direct messages function like group text messages, and radical-right activists used them to coordinate public-facing campaigns designed for Twitter, like choosing what disinformation would be most impactful in shaping the outcome of the 2016 election.

Yeah. So, I was in a group. I was in many group DMs, and in one of those group DMs we crafted memes, and one of the memes that was crafted there dealt with voting the incorrect way. Voting by text or hashtag. And then I intentionally spread those memes to defraud voters of their right to vote, Microchip said of his own criminal case.

Microchip also testified to the government that he employed bots to inflate his online profile. Microchip told the court he paid services both to boost his content and encourage authentic users to boost him organically. Assistant U.S. Attorney William Gulotta questioned him on behalf of the team prosecuting Mackey.

Gulotta: At the height of your following, how many followers did you have?

Microchip: On this account, 134,000. On other accounts, 80,000, 30,000. Probably comes out to millions over time.

Gulotta: How did you build up your following?

Microchip: The first phase of building up the following would be through bots. The first step

Gulotta: Let me stop you there. Sorry. Whats a bot?

Microchip: Yeah, its basically well, its a Twitter account that is created either by human or through an automated process and that account is then used to, you know, retweet, like, reply, to people on Twitter.

Gulotta: Okay. Were there specific services that you used to build your following?

Microchip: Oh, yeah.

Gulotta: Can you describe those?

Microchip: Yeah, so one of the first services to kind of seed the followers was a service called Add Me Fast, and that service is kind of like a peer networking service where I would insert the tweet into that service, somebody else would insert a tweet and then, we would retweet each others information, right? And you could gain points doing that and, if you accumulate points, you can then expend those on likes, followers, retweets. So that service, I would spend sometimes $300 a month on it. That would give you around a thousand to three thousand retweets, likes, or follows.

Gulotta: And, so, this is a system in which other actual human beings log in, and they will see a tweet that another member has posted, and they will either follow it, follow the person, or retweet the tweet?

Microchip: Thats right.

Gulotta: And then you would do the same thing for other members.

Microchip: And you can get points and then you can expend those, also. The $300 is, youre basically buying points to have people do that or you can sit there and retweet their stuff to get points, so you can do that. That was the first step. Another step is using Fast Followerz with a Z at the end. And that service, you spend like, a monthly fee of, you know, a hundred to two hundred, sometimes three hundred bucks a month. And they have control of all the bots, so you dont actually retweet anything, but you put in your Twitter handle or you put in a tweet that you want to get retweeted, and the service that I would use would be 50 to a hundred followers, something like that, a day, and then those followers would also retweet or like my tweets anywhere from three to five times.

Gulotta: Did you build your following organically, too, without the use of bots?

Microchip: Oh, yeah. The bots were there only to accumulate anywhere from a thousand to 5,000 followers, at which point people would see that account and then say, oh, maybe this person has something interesting to say, he has a lot of followers, and so then it would organically take off from there.

Gulotta: Okay. So, the bot sort of kick-starts the account and it goes from there.

Microchip: Yeah.

Gulotta: Why is it important to have followers?

Microchip: Because theres that human inclination that when you see somebody as being followed by a lot of people, that they might have something interesting to say, so its a it's basically taking advantage of that of that human trait.

Microchip made it clear that he and other radical-right posters viewed Twitter as a highly trafficked, but loosely regulated, public square they could hijack in service of their political goals. He noted that Twitters appeal to journalists made it an ideal place for such tactics, because they could multiply their reach by getting people to write stories about their antics.

In May 2018, Data and Society published an influential report called The Oxygen of Amplification,which highlighted the role that media figures played in buoying the visibility of hate and disinformation. As a leader among the radical-right figures who posted to Twitter during the 2016 election cycle, Microchip seemed to understand that principle better than the media did at that time. During the Mackey trial, Microchip said he wanted to infect everything through Twitter in 2016, adopting rhetoric like the contagion metaphor found in Data and Societys analysis.

Gulotta: What does it mean, as far as you understand, to push a hashtag?

Microchip: Yes, so thats when you have an agenda of some sort, and you see that theres a hashtag thats already out there or you develop your own hashtag, and what you do is you basically have the group of people that youre with make new tweets with those hashtags so that you have thousands of tweets that are attached to at that hashtag.

Gulotta: And why would you do that?

Microchip: To register ourselves on trending lists.

Gulotta: Whats a trending list?

Microchip: Its a list on Twitter. Back then it was like, on the right-hand side of the homepage. I think there was an explore feature on there as well at one point, and it would show, you know, global trends. There would be USA trends, sometimes they had local trends, but yeah, those would be keywords from hashtags mostly back then, yeah.

Gulotta: And that sort of measures the popularity of a particular hashtag?

Microchip: It does, yeah.

Gulotta: So if a bunch of people are pushing a particular hashtag, the hope is it gets on the list?

Microchip: Thats right.

Gulotta: And why would you want it to be on a trending list?

Microchip: Because I wanted our message to move from Twitter into regular society and part of that would be well, its based on the idea that, you know, back then maybe, I dont know, 10 to 30 % of the US population was on Twitter, but I wanted everybody to see it, so I had figured out that back then, news agencies, other journalists would look at that trending list and then develop stories based on it.

Gulotta: What does it mean to hijack a hashtag?

Microchip: So, I guess I can give you an example, is the easiest way. Its like if you have a hashtag. Back then like a Hillary Clinton hashtag called Im with her. Then what that would be is I would say, okay, lets take Im with her hashtag, because thats what Hillary Clinton voters are going to be looking at, because thats their hashtag. And then I would tweet out thousands of tweets of, well, for example, old videos of Hillary Clinton or Bill Clinton talking about, you know, immigration policy for back in the 90s where they said: You know, we should shut down borders, kick out people from the USA. Anything that was disparaging of Hillary Clinton would be injected into those tweets with that hashtag. So that would overflow to her voters, and theyd see it and be shocked by it.

Gulotta: Is it safe to say that most of your followers were Trump supporters?

Microchip: Oh, yeah.

Gulotta: And so by hijacking, in the example you just gave a Hillary Clinton hashtag, Im with her, youre getting your message out of your silo and in front of other people who might not ordinarily see it if you just posted the tweet?

Microchip: Yeah, I wanted to infect everything.

Gulotta: Was there a certain time of day that you believed tweeting would have a maximum impact?

Microchip: Yeah, so I had figured out that early morning eastern time that well, it first started out with The New York Times. I would see that they would they would publish stories in the morning, so the people could catch that when they woke up. And some of the stories were absolutely ridiculous sorry. Some of the stories were absolutely ridiculous that they would post that, you know, had really no relevance to what was going on in the world, but they would still end up on trending hashtags, right? And so, I thought about that and thought, you know, is there a way that I could do the same thing? And so what I would do is before The New York Times would publish their, their information, I would spend the very early morning or evening seeding information into random hashtags, or a hashtag we created, so that by the time the morning came around, we had already had thousands of tweets in that tag that people would see because there wasn't much activity on Twitter, so you could easily create a hashtag that would end up on the trending list by the time morning came around.

Mackey represents one of dozens of radical-right figures Microchip associated with during the three-year period between when he started using his pseudonym and when he first started cooperating with the FBI. Those three years, 2015-18, mark a busy period for the hard right, one in which disinformation and foreign influence campaigns sometimes monopolized attention on social media. Microchips layered involvement in the online Trump movement, connecting neo-Nazis to more mainstream figures, and his willingness to talk, makes him an ideal source for detailing how that world operated, using methods both lawful and unlawful.

During the Mackey trial, the judge said maintaining Microchips anonymity was partially based on the possibility that exposing his name could endanger ongoing cases.

Photo illustration by SPLC

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What We Know About 'Microchip,' the FBI's Far-Right Judas - Southern Poverty Law Center

‘Against All Enemies’ Explores Why Veterans Are Drawn to … – Military.com

"The problem is not the bomb itself," Gen. (ret.) Stanley McChrystal says in an interview with filmmakers, describing how to combat improvised explosive devices in Iraq. "You have to go 'left of the boom.' You had to go upstream from the problem and look at where the problem is coming from. Where is the energy?"

McChrystal, former commander of the U.S. Joint Special Operations Command, is one of many veterans, officials and experts interviewed in the new documentary film, "Against All Enemies." The movie takes a deep look at the Jan. 6 insurrection, the roots of military extremism and why so many veterans of the armed forces are attracted to those movements.

"When I look at Jan. 6, of course, there were people who did violence and climbed gates and caused trouble, but in my view, they were likely the foot soldiers. They were the result of the efforts of other people," McChrystal says.

More than a thousand people have been charged with storming the Capitol that day, the filmmakers say. According to research conducted by National Public Radio (NPR), one in five of those defendants served in the U.S. military.

"Against All Enemies" is a very dense but engaging documentary that not only shows the evolution of extremism from the start of the 20th century through today, it also tries to explain the appeal of these groups to the veteran community by exploring all sides of the issue, even that of the extremists themselves.

The film reveals that Jan. 6 wasn't just a once-in-a-lifetime event; it was the latest in a developing pattern of attacks that could pose a serious threat to American democracy. Many of the groups leading the charge are military veterans.

"The challenge with having veterans directly involved is twofold," McChrystal says in the film. "They bring a certain expertise. They might bring in organizational skills or military skills that can make a movement more dangerous. The second thing that's disturbing is, in our society, veterans have legitimacy; they have a particular place of respect."

Their presence not only brings legitimacy of service to alt-right groups, it brings the potential for recruiting more veterans with military skills to the extremist cause. "Against All Enemies" uses veterans like former Army officer Michael Breen. As the president and CEO of Human Rights First, a nonprofit that researches and uncovers extremist tactics, he reminds us that those skills aren't limited to firearms.

"There are places in our military where we are trained to start and fuel insurgencies," Breen says in the film. "There are places in our military where we are trained to overthrow governments or work with armed militias to do that sort of thing. I'm not saying this to be alarmist, and I don't think we need to be afraid of our veterans. I do think we need to have a solid understanding of how badly this can escalate."

For those wondering how bad it can get, "Against All Enemies" takes us back to the late 1960s, when Vietnam veteran Louis Beam launched his right-wing movement that echoed the same talking points used today. Beam created a network of militia cells that even used early forms of the internet to communicate, disseminate radical literature and plan robberies, bombings and other acts of violence across the country.

From Beam, the film fast-forwards to 1995, when Timothy McVeigh and Terry Nichols, friends who met while in the U.S. Army, bombed the Alfred P. Murrah Federal Building in Oklahoma City. Then in 2021, of course, comes the Capitol insurrection.

Kristofer Goldsmith, a former U.S. Army forward observer, was initially attracted to groups like the Proud Boys, but is now a self-proclaimed "Nazi hunter," tracking and exposing their activities. He warns that there is already a future for extremism, forming in Gen Z-led groups, some of which are openly fascist and advocate violence. The groups, say the experts and veterans, are sliding to authoritarianism or worse: a civil war.

One of the biggest reasons veterans are attracted to alt-right groups, Goldsmith believes, is the lack of the culture of service and the bonds it forms. When veterans leave the military, they also leave their service family, and these right-wing paramilitary groups fill that hole.

"When you're vulnerable and you're looking for family, they look like they could be family, providing that sense of mission and camaraderie that you had in the military," Goldsmith says.

"Against All Enemies" premiered at the 22nd annual Tribeca Festival in June 2023. It was produced by former U.S. Navy aviator turned writer and podcaster Ken Harbaugh and award-winning director Charlie Sadoff, who also directed the film. Its executive producer is New York Times bestselling author and documentary filmmaker Sebastian Junger.

It can be viewed through July 2, 2023, on Apple TV, Roku, Fire TV and web browsers on iOS and Android devices via Tribeca at Home.

-- Blake Stilwell can be reached at blake.stilwell@military.com. He can also be found on Twitter @blakestilwell or on LinkedIn.

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'Against All Enemies' Explores Why Veterans Are Drawn to ... - Military.com