You are reading the article Bitcoin Is In Defrost Mode! ‘Crypto Winter’ Seems Far Away updated in February 2024 on the website Daihoichemgio.com. We hope that the information we have shared is helpful to you. If you find the content interesting and meaningful, please share it with your friends and continue to follow and support us for the latest updates. Suggested March 2024 Bitcoin Is In Defrost Mode! ‘Crypto Winter’ Seems Far AwayBitcoin is rapidly recovering from its crypto bearish phase to regain its achieve its bullish price rally in 2023
bears more resemblance to digital gold than any other digital currency. Its congested pending transaction logs render its practical applications in the real world scenario. The rise of
is majorly due to its uniqueness in nature, for being the first-ever digital currency, and also due to massive media coverage. BTC has been dominating both crypto and mainstream news, and even after its mad volatility, it has broken new all-time highs repeatedly since its inception. The crypto has shown an active price rise, and also managed to survive global economic crises and proved its value to the crypto investors. But as experts like to call it, sometimes
gets its own ‘bubble’. Back in 2023, the crypto was up by over US$65,000, but this success was quite short-lived when the market crashed and the coin entered its crypto winter phase. The
value fell below US$50,000. This is when experts monitored that investors had already started looking for alternate options, leading to a fall in BTC’s market dominance.
Nevertheless, analysts have predicted that this
dive will not mean its downfall. Some of them think that
is already one of the top cryptocurrencies and there is no way it will lose its market dominance so easily. Crypto experts think that its highest price value in early November 2023 was not the market top because they noticed that the Bitcoin cycle is getting longer. Even though there is no guarantee that Bitcoin will get its market top in 2023, we can still witness that its price value is gradually rising. The crypto’s rise in February 2023 demonstrates a turning point for its market dominance.
professionals believe that it showcases a cumulative Netflow with more Bitcoins flowing out of exchanges within a certain period of time. It signals increased buying demand over the last month due to which the coin’s price value followed suit over the last few days.So, why exactly is Bitcoin’s price rising?
, the current price value of Bitcoin, at the time of writing this article is US$43,780.63, indicating a rise of 0.63% in the last 24 hours. It has been a tradition for Bitcoin to move in 4-year cycles. These cycles are generally predicted based on Bitcoin halving events. And the last two cycles in 2013 and 2023 ended in parabolic rallies, it is also expected that the same will happen by the end of 2023. The year-end rally in 2023 did not end properly, and analysts have monitored that Bitcoin cycles are extending, but there are still speculations that by the end of 2023, it will witness similar price rallies like the previous ones.
Furthermore, people are mostly alerted by the growing indications of possible inflation in the coming days. Even though this will vary from nation to nation, global inflation in the economic and financial markets has a long-standing impact on the monetary conditions of the country’s citizens. Inflation is especially getting high in Europe and the USA. The respective central banks in the countries have already been lowering key interest rates for years and printing more and more paper money. It is being prophesized that in 2023, this inflation could lead to more and more small businesses and retail investors pouring their money into crypto assets since it is one of the safest means to store value. Eventually, this increases the likelihood of a massive price rally as mentioned above.
Well-known crypto strategists and analysts have predicted that Bitcoin will definitely regain its bullish momentum and soar above 80% this year. BTC will survive the recent storm and is gaining momentum. But while some countries are embracing major cryptocurrencies like Bitcoin, other countries like India have rejected such currencies to launch their own digital version of the rupee.So, is Bitcoin a safe investment right now?
You're reading Bitcoin Is In Defrost Mode! ‘Crypto Winter’ Seems Far Away
Is crypto dead? That impression might be created by recent market declines in all things Bitcoin. In the meantime, the previous month saw Google Cloud collaborate with Binance, a cryptocurrency exchange that has run into legal issues in several different countries, on a smart contract blockchain service. Perhaps not a surprise, Binance is barely mentioned in the statement and the whole focus is on the redesigned BNB Chain. But according to a Deloitte report from June, which surveyed 2,000 retail executives, 85 percent of them want to be able to accept bitcoin payments. While 83 percent of respondents think that cryptocurrency will become legal cash within the next 10 years, 54% have already invested more than $1 million to enable digital currency payments.
In more recent news, the first stablecoin backed by the pound was created in the UK with KPMG serving as auditor, effectively giving cryptocurrencies the seal of corporate legitimacy. But when one regards cryptocurrencies as the initial wave of something new on the horizon, whether it survives or disappears into the ether may be a moot question. This emerging technology is known as Web3 or Web 3.0 in some circles. Web3 is being hailed as the next generation of the internet, a decentralized version of the existing internet using distributed ledger technology (DLT) as its foundation.
The present supply chain crisis has found usage for blockchain outside of banking. The supply chain and operations head for Accenture UK, Stephane Crosnier, uses the example of a major global energy company seeking to create a more interconnected supply chain throughout its ecosystem and the implications for financial structures. According to Crosnier, the project’s goal is to develop a common data platform for the industrial sector that will facilitate business partners’ workflows while also enhancing the purchasing experience. Through IoT and track-and-trace capabilities, product movement data, inventory level, and storage capacity are gathered.
He explains that the blockchain layer uses these inputs to build a common record of product provenance, which has significant consequences for the existing funding models. “The majority of cases of transactional mismatch and reconciliation are eliminated by integrating with partner systems of record and using data from purchase orders and deliveries. Smart contracts’ codified business logic substantially shortens the procure-to-pay timeline and lowers the need for manual intervention. By enabling zero-day financing and releasing imprisoned working capital from the supply chain, this cycle time reduction paves the way for the transformation of trade financing models.
Peer-to-peer digital transactions reduce the danger of lost cards and stolen PINs, eliminate middlemen in the payment process that increase risk exposure, and are securely recorded on the blockchain. According to Jaco Vermeulen, CTO of BML Digital, the concept of Web3 as a whole is characterized by a similar sense of security. According to him, “Web3 tools are likely to push credit/debit cardless techniques and link accounts to specific identities via NFTs and biometrics.” “This would be used for transaction validation as well as payment account identification. As a result, it is no longer necessary to know account or credit card numbers, increasing security. The use of Web3 on such a large scale could contribute to the technology’s eventual replacement of the internet as we know it today. However, for the time being, a lack of integration will keep businesses using Web 2.0 for a little while longer.
Sportsbet.io today announced the launch of a first-of-its-kind ‘Crypto Fan Fund,’ donating 2 Bitcoin (BTC) to its partner club Southampton FC. The fund will be used to deliver a series of fan-led initiatives across the 2023-22 season and beyond.Crypto Fan Fund
Throughout the season, the fund will be used to support the causes that matter most to fans. All decisions on how and where the fund is used will be made by Saints Voice, Southampton FC’s long-standing supporter panel, who will work closely with the club and with chúng tôi to determine how to make the greatest impact.
The donation of cryptocurrency in this way is a major first within elite sports partnerships. Unlike traditional fiat donations, the value of the fund can shift and increase in line with the market, allowing for the potential of greater investments in future seasons. chúng tôi will underwrite the fund for the value of 2BTC at the point of donation, guaranteeing the club access to at least the minimum value of the fund, plus any additional profits accrued from deflation.
Helen Edwards, Head of Responsible Gambling at chúng tôi stated,
“Supporters are the lifeblood of the game and continue to demonstrate their unrivaled passion and loyalty every matchday. As a valued partner of Southampton Football Club, it’s incredibly important that we engage with the dedicated Saints fans and support them too, in any way that we can.
The opportunity to use Bitcoin in such an innovative way by setting up this fan fund is incredibly powerful. We firmly believe the hype is real and cryptocurrency is here to stay, and are excited to see how the value of the fund could continue to rise, allowing for even greater investments for Saints fans and the wider community”
Potential uses of the fund could include improvements to the matchday experience through providing much-needed assistance to local venues impacted by COVID-19. Saints Voice can also decide to retain or ‘HODL’ a portion of the fund to invest in future seasons, to capitalize on any increase in value.
Sarah Batters, Director of Marketing & Partnerships at Southampton FC stated,
“Covid had a major impact on our fans’ experience of a matchday last season. Thankfully things are getting back to normal and almost all our fans have returned, so we are delighted to offer our supporters the opportunity to make their match experience even better, this season and beyond.
Working in close collaboration with the fantastic representatives on our Saints Voice panel, with Sportsbet.io’s ‘Crypto Fan Fund’ we hope to build a closer bond with our supporters by tackling some of the causes that they consider most crucial and look forward to seeing how they ultimately choose to allocate this fund.”
The donation consolidates Sportsbet.io’s ongoing commitment as the main club sponsor of Southampton Football Club, and as a leader in the crypto-community. The initiative is part of Sportsbet.io’s ‘Believe the Hype’ campaign, encouraging Saints to believe the hype around their club and around cryptocurrencies.Sportsbet.io Club Partnerships
Sportsbet.io is the main club partner of Southampton FC for the 2023/22 season. The Saints were founding members of the Premier League in 1992/93 and were ever-present until their relegation at the end of the 2004/05 season. After falling on troubled times, which included a further relegation to League 1, they returned to the Premier League for the 2012/13 season and haven’t looked back since.
The club has enjoyed top-half finishes in recent years, including a sixth-place finish in the 2024/16 season which secured Europa League football. In 2024/17, they reached the final of the League Cup but narrowly missed out on silverware after a 3-2 defeat by Manchester United. They ended the 2023/20 season with a 7-game unbeaten streak to finish 11th with a tally of 52 points.About Sportsbet.io
Founded in 2024 as part of the Yolo Group, chúng tôi is a leading Bitcoin-led sportsbook operator. chúng tôi has an expansive, quality betting product across all major sports and eSports, offering more than 350,000 pre-match events per year, as well as comprehensive in-play content and a diverse range of both crypto and fiat currencies.
It also provides innovative markets such as player prop bets for soccer, American football, and basketball, and is the only Bitcoin-led sportsbook to provide live streaming across all major sports. chúng tôi prides itself on its secure and trustworthy betting service, with withdrawal times of around 1.5 minutes among the fastest in the industry.Sportsbet.io Socials
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This image of Tropical Storm Harvey was taken on Aug. 28 at 10:30 a.m. EDT as it began moving back into the Gulf of Mexico. NASA/NOAA GOES Project
Hurricane Harvey isn’t over yet. Since Friday, when the Category 4 Hurricane touched down on the Texas Gulf Coast, Harvey has dumped almost a year’s worth of rain across the region. So far, at least five people have died in Southeast Texas—and tens of thousands are now homeless. Unfortunately, the latest forecasts suggest that things may get worse. The National Weather Service reported this morning that Harvey is heading back to the Gulf of Mexico, where meteorologists predict it will pick up more power.
Harvey made landfall as a Category 4 Hurricane (a storm with winds of 130 miles per hour or greater), but the National Weather Service has since downgraded it to a tropical storm. That’s because hurricanes, which are fed by water, tend to lose intensity over land. But even as the storm lost power, experts worried that its heavy rains would remain fixed over Southeastern Texas, causing significant flooding.
So far, Harvey has unloaded more than 9 trillion gallons of water. Since Thursday, 44 Texas counties have reported rainfall of at least 20 inches. That represents half a normal year’s worth of rain in under a week, with more precipitation expected in the days to come. Much of that rainfall is not centered on the coast, but further inland. Dayton, for example, which is roughly 40 miles from the coast, has received over 39 inches. So much rain has fallen that the National Weather Service (NWS) has had to update the color charts on their graphics in order to effectively map it.
#Harvey in perspective. So much rain has fallen, we’ve had to update the color charts on our graphics in order to effectively map it. chúng tôi NWS (@NWS) August 28, 2023
In fact, if Southeast Texas were New England, the area in which 20-30 inches of rain had fallen over the first three days of the storm would encompass all of Massachusetts, Rhode and Island, and Connecticut, according to the National Weather Service. On Sunday, the National Weather Service declared that Harvey is, “unprecedented & all impacts are unknown & beyond anything experienced.” And now that Harvey is returning to the Gulf of Mexico, there’s growing fear that the storm is gearing up for round two.
This event is unprecedented & all impacts are unknown & beyond anything experienced. Follow orders from officials to ensure safety. #Harvey chúng tôi NWS (@NWS) August 27, 2023
Harvey’s behavior is unusual in two ways. The first, as you might have guessed, is the sheer volume of water it’s bringing down on the region. Even by tropical storm standards, Harvey is very wet. The other unusual aspect of the storm is the way it’s moving—both the fact that it’s stayed put to drench Texas, and the fact that it is now heading back to the Gulf. This storm progression isn’t totally unprecedented, but it’s uncommon enough to take scientists by surprise.
“The most common type of track for a hurricane is that once it makes landfall, it continues on land and usually goes north,” Suzana Camargo, the Executive Director of the Initiative on Extreme Weather and Climate at Columbia University, told Popular Science.
The storms are typically pushed northward by what’s known as a high pressure system. Pressure systems are created because the Earth’s surface isn’t evenly heated by the sun, which affects the pressure of air masses. Low pressure systems have lower atmospheric pressure and tend to float upwards. High pressure systems, in contrast, tend to have a higher atmospheric pressure and sink—potentially trapping weather systems in place.
As the high pressure system pushes a storm over land, the lack of water causes it to lose intensity. As the storm slows down, it melts into what we consider normal weather. It’s important to note that intensity is only a measure of a storm’s wind speed—not moisture—and some of the most damaging storms on record, such as Irene in Vermont or Allison in Houston, were damaging not because of wind but because of moisture.
The struggle finally ended earlier this morning. Unfortunately, instead of pushing the storm northward over land, the winning pressure system is pulling Harvey south—back into the Gulf of Mexico—and east, towards Louisiana. The extent to which this will amplify the storm’s destruction will be determined over the next few hours based on how much of the storm is pushed into the Gulf, how warm the water is, humidity, and wind conditions. For now, forecasters predict that the rain will last until Friday, with parts of Texas receiving another 20 inches.
“It’s not that this has never happened before,” says Camargo. “Some storms have very weird tracks, but staying there for such a long time, and going back and forth into the Gulf, is unusual.”
This wasn’t completely unexpected. On Thursday, Louisiana called for a state of emergency—despite the fact that the state was not directly in the storm’s path—because of predictions that Harvey might behave just like this. New Orleans, which flooded earlier this summer when the pumps designed to remove water from the city turned out to be faulty, expects at least 5-10” of rainfall. And then there are the tornadoes.
“When you have a hurricane making landfall, you have rain bands that are very similar to the environment where you have tornadoes,” says Camargo. The storm triggered more than 70 tornado warnings in Houston on Sunday alone.
Should you install N preview on your main device? Here are some of the known issues with it.
Cards are much more difficult to swipe away. I’m not sure if this is a bug or if it’s just the way Google implemented it, but it’s been really getting on my nerves.
The new notification shade is great, too. I love the way notifications look now, and I’m a huge fan of bundled notifications. When you’re swiping a notification away, if you don’t complete the full swipe, a settings cog will appear and you can change how important notifications are from that particular app. I don’t think this is a good implementation at all. In previous versions, you’d need to long press on the notification to get this menu, and now it’s just a swipe away. I think it’s much too easy for the average user to accidentally mess something up without knowing it, which is never a good thing.
I’m just nitpicking, really. All in all it’s a very stable build of Android, especially considering it’s a very early dev preview. I can’t wait to see what improvements Google has in store for the next update!Kris
I’m not using N as a daily driver but in tandem with my primary phone, so both devices go with me everywhere and get used interchangeably. I can’t say I’ve found N to have any serious level of bugs. I’ve heard plenty of stories about crashing apps or apps that simply won’t launch due to library conflicts, but I haven’t really encountered any more app problems than I normally would. I’d say it’s a similar experience to a non-polished ROM.
After a few days on the first release things started to get really laggy and stuttery. To the point that it wasn’t even worth keeping N on my Nexus 6P, but then the first update rolled in and everything went straight back to normal and hasn’t slowed down since. I haven’t checked every app’s responsiveness on this new build but performance wise it could absolutely be my daily driver.
I love the new notifications area – Quick Settings and bundled and expandable notifications, and Quick Reply is a godsend
Battery life is pretty much the same as it was on Marshmallow although Doze isn’t quite as aggressive. I love the new notifications area – Quick Settings and bundled and expandable notifications, and Quick Reply is a godsend – and I appreciate the snippets in the Settings menu. It saves even more time that I initially expected.
But my real favorite thing is multitasking. Double tap to switch apps is the best new Android feature I’ve seen in ages and I love the way the recent apps menu performs now. I know not everyone likes the new card view, but for me it’s a great solution. Split-screen works exceptionally well for a first swing at bat and overall the firmware is really stable and reliable. Other than the occasional app compatibility misstep, Android N could easily be my daily driver.
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Let us know your thoughts after using Android N preview!
Seems that the Series X optimized version of Cyberpunk 2077 is ready
Tired of playing the Xbox One and PS4 versions of Cyberpunk 2077 on your console?
The good news is that the upgraded PS5 and Series X/S versions of the game are ready.
Cd Projekt Red is about to do a live stream where it will discuss the release and more.
Fans are also really hoping to hear some good news about the upcoming Witcher 4 game.
Even though Cyberpunk 2077 had more than enough of its share of problems, most of the CDPR fan community hoped that it would get better and it actually did.
But many were still wondering when the game would get optimized for the latest generation consoles, like PlayStation 5 and Xbox Series X.
Well, it seems that the wait is over now and if you wanted to play this futuristic title on your new device, now is your chance to download and install the appropriate version.
CD Projekt Red has announced a special video briefing coming up. The Polish developer will hold a new Red Streams event today, February 15.
During the steam, there will be talks about items related to Cyberpunk 2077, and why not, maybe we’ll even find out some spicy new details about the next Witcher title.
Recently, a PS5 edition of Cyberpunk 2077 was spotted on the PlayStation Network, suggesting the official announcement and launch for the Xbox might be coming up soon.
We mentioned the game having some problems at the beginning, but despite technical issues with Cyberpunk 2077 at launch, the game sold nearly 14 million copies in just 21 days.
Another interesting fact is that this is now one of the highest-selling RPGs in the history of video games. It also surpassed 1 million concurrent players on Steam, becoming one of five games ever to do that.
For those of you that remember, these next-gen upgrades were previously promised to arrive in 2023but, just before the holidays, CD Projekt pushed them back into 2023.
And if you thought that this was still a rumor, we’re here to tell you that it’s not the case anymore, as Cyberpunk fans have started pointing out through different social media platforms.
This means that it won’t be long until we also have an improved version of The Witcher 3: The Wild Hunt for PS5 and Series X as well.
Excellent news for all the Cyberpunk 2077 console fans out there, as they can finally enjoy their favorite game without relying on backward compatibility.
Improved graphics and maybe some extra features are what the fans hope for, but we’re going to know exactly after we upgrade our existing Xbox One and PS4 versions.
Needless to say that fans who purchased the game will receive this upgrade for free, so you don’t have to worry about that anymore.
But, if you are an Xbox owner and are already asking why isn’t CDPR’s latest title come to Game Pass, we might be able to answer that too.
Developers stated that they don’t plan on associating the game with Microsoft’s pre-paid gaming service back in November 2023, so don’t get your hopes up.
Also, don’t forget that there’s a supposed giant DLC on the way for Cyberpunk, as well as an anime series inspired from the game, so all-in-all still a lot of reasons to be excited about.
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