Bitcoin
Human Rights Foundation Grants 10 Bitcoin to 20 Projects Worldwide
Published
2 months agoon
By
adminToday, the Human Rights Foundation (HRF) announced its most recent round of Bitcoin Development Fund grants, according to a press release sent to Bitcoin Magazine.
10 BTC, currently worth $590,000 at the time of writing, is being granted across 20 different projects around the world focusing on technical education for people living under authoritarian regimes, Bitcoin development conferences, decentralizing mining, and providing human rights groups with more private financial solutions. The main areas of focus for these grants center around Latin America, Asia, and Africa.
While the HRF did not disclose how much money each project is receiving specifically, the following 20 projects are the recipients of today’s round of grants worth 10 BTC, or 1 billion satoshis, in total:
African Bitcoiners, a community dedicated to onboarding Africans to Bitcoin. Key initiatives include a “Bitcoin for Beginners” course, free Lightning payment routing for merchants, and the ability to buy airtime and data with Bitcoin. With the continent plagued by political and economic turmoil, Bitcoin can serve as a path to financial sovereignty. Funding will support the production of educational materials and support operational expenses, including salaries, infrastructure, and tools.
Stratospher, a Bitcoin Core developer focused on enhancing the privacy and decentralization of the Bitcoin protocol. Their work includes improving peer-to-peer (P2P) network privacy, reviewing critical pull requests in the libsecp library, and mentoring of new talent. Their work is important in helping protect users from financial surveillance and censorship by authoritarian regimes. This funding will support their full-time development efforts.
Coracle, a Nostr web client designed to create a social media experience that empowers individuals. Developed by hodlbod, recent and planned updates include customizable and shareable feeds, improved direct messaging for privacy, and the development of encrypted public and private communities. By leveraging Nostr, Coracle could offer a new censorship-resistant communications platform for human rights activists. Funding will support the hiring of a full-time developer.
Harbor, an open-source ecash wallet built to provide better Bitcoin privacy. Started by the Mutiny team, Harbor is now an independent project led by Ben Carman and Paul Miller. Harbor incorporates multiple mints, is Tor-only, and automates fund management. Financial tools like Harbor can help empower human rights defenders facing government surveillance by offering strong privacy guarantees. This grant will support the development of Harbor’s 1.0 production release.
The 256 Foundation’s mission is to make Bitcoin mining free and open, supporting developments in the Bitaxe initiative are the flagship project in achieving that mission. Bitaxe provides an affordable entry point for home mining, offering protection against surveillance in authoritarian regimes and enabling individuals to mine Bitcoin discreetly. Funds will support multiple engineers building on and improving Bitaxe with the aim of making the Bitaxe formfactor available with more ASIC manufactures.
Kiveclair, a community in the Democratic Republic of Congo educating individuals about Bitcoin. Led by Gloire Wanzavalere, co-founder of Africa Bitcoin Conference, Kiveclair hosts monthly meetups, training sessions for activists, journalists, and developers, and provides shelter to refugees. It is also planning its first local conference. Funds will cover the cost of meetups, educational materials, equipment purchases, and the rental of an educational space.
Jeff Gardner, a full-time developer focused on bringing end-to-end encryption to Nostr Direct and Group Messages without centralized servers, making them resilient against state intervention. His work is vital for enabling private communication channels for individuals and activists. Funding will support ongoing development, allocating bounties to community contributors, and conducting a security audit of the project.
Silentium, a self-custodial, privacy-focused Bitcoin wallet with built-in Silent Payments. Developed by Louis Singer, Silentium can help protect activists’ financial privacy by enabling them to receive Bitcoin donations through unique addresses generated from a static public key. This prevents surveillance regimes from linking transactions to activist’s identities. This grant will support the wallet’s infrastructure, including a full cloud node, web server, and the hiring of a software developer.
BTC Shule, an educational initiative by Belyï Nobel Kubwayo. It equips Burundians with the knowledge and skills to use Bitcoin for uncensorable payments under Burundi’s authoritarian regime. The project is structured around three key initiatives: a bilingual (Kirundi and French) educational platform, a physical center to host meetups, and a Bitcoin support community via Whatsapp and Telegram. The grant will support the development of the digital platform, educational materials, and the building of the center.
EttaWallet, an open-source, self-custodial mobile Lightning wallet by Collin Rukundo, a software developer and co-founder/CTO of Splice Africa. The wallet is designed to improve usability and accessibility. It seeks to challenge the dominance of custodial wallets and empower citizens in the Global South to take full control over their funds. This grant will support further development of the wallet, improve localization efforts, and foster a growing community of users.
Tor relay operator associations to support increased network reliability and performance, as recommended by the Tor Project. Funding will allow relay operator associations to deploy nodes that improve the stability and reliability of onion services and increase network robustness against DOS attacks. Tor is vital to human rights activists, as well as Bitcoin and Lightning nodes that use onion services.
Rikto Xonghoti, a Bitcoin education initiative led by Anurag Saikia, Basanta Goswami, and Pallab Goswami. Focused on creating a Bitcoin circular economy in the state of Assam (a region marked by underdevelopment), the project offers online Bitcoin education in Assamese. It also plans to establish a physical Bitcoin center in the town of Titabar. This grant will support teacher salaries, the center’s development, and the acquisition of Bitcoin nodes and mining equipment to boost local economic growth.
Yes Bitcoin Haiti, a grassroots organization led by Val, Papouche, and Armand. It seeks to empower Haitians living in political and financial turmoil with Bitcoin. As a new project, it will proceed in phases: first, project leaders will complete the Bitcoin Diploma course offered by The Core; next, they will translate educational materials into Haitian Creole and host workshops. Funding will support project leaders’ salaries, the purchase of equipment, and the production of educational materials.
Bitcoin Indonesia, an educational initiative led by Dimas, Marius, Keypleb, and Diana. It focuses on building an educational platform in Bahasa Indonesia (local language), expanding the local Bitcoin community, and connecting Indonesian talent with Bitcoin-related companies to drive career opportunities. It has also successfully hosted the country’s largest Bitcoin conference. This grant will support content creation, community outreach, and operational expenses.
Bitcoin++, a Bitcoin-only developer conference series organized by software developer and educator Lisa Neigut. The conference features long-form lectures and workshops for developers eager to dive into the intricacies of Bitcoin technology. Held in cities like Mexico City, Buenos Aires, and Austin, Bitcoin++ has explored key themes like scripts, mempool, and soon, eCash. Funds will cover travel expenses for developers from authoritarian countries to attend the upcoming Bitcoin++ mints ecash conference in Berlin.
TABConf, a Bitcoin conference hosted by Michael Tidwell in Atlanta, GA. Its mission is to create a forum for protocol and application developers to debate and collaborate on Bitcoin. Through collaborative workshops and interactive activities, attendees can share their insights, knowledge, and experience to further Bitcoin development and innovation. Funds will be used to cover conference expenses and travel costs for developers in need of financial assistance.
Baltic Honeybadger, the world’s first non-profit, Bitcoin-only conference hosted by Hodl Hodl. With its cypherpunk roots, the conference fosters discussions on technologies that support financial freedom, security, and privacy, especially for those in authoritarian regimes. Funding will cover travel expenses for activists and human rights defenders to deepen their knowledge on Bitcoin as a human rights tool.
LaBitconf and Descentralizar, two annual conferences in Argentina. LaBitconf, hosted by Rodolfo Andragnes, is the longest-running Bitcoin conference in Latin America. Funds will cover travel expenses for software developers and keynote speakers. Descentralizar, a one-day event held in three cities across the country, offers debates, workshops, and networking opportunities for attendees. Funds will also support travel expenses and conference equipment. Given Argentina’s ongoing economic challenges, these conferences provide an opportunity for Argentines to explore Bitcoin as a tool for financial freedom.
Satsconf, the largest Bitcoin-only conference in South America. Held in São Paulo, Brazil’s economic hub, Satsconf connects the local community with global thought leaders, including macroeconomists, veteran Bitcoin educators, freedom advocates, and developers shaping the future of Bitcoin. Funds will support travel expenses for speakers, event logistics, and the hackathon.
Solidarity Summit: Standing with Political Prisoners, a Vienna-based event organized by Hager Eissa that unites former political prisoners, human rights advocates, and others to address the challenges faced by political prisoners. The Summit promotes dialogue, advocacy, and support for political prisoners worldwide and serves as a catalyst for change. HRF support will help add a financial freedom component to the program. A documentary will also be produced to further highlight these issues. Funds will cover venue and event logistics, program development, speaker costs, and film production.
The HRF is a nonpartisan, nonprofit 501(c)(3) organization that promotes and protects human rights globally, with a focus on closed societies. The HRF continues to raise support for the Bitcoin Development Fund, and interested donors can find more info on how to donate bitcoin here. Applications for grant support by the HRF can be submitted here.
Source link
You may like
Coinbase Brings Bitcoin to Solana with cbBTC
Here’s How Quickly Gary Gensler Could Lose His SEC Chair Gig Under Trump
The Bitcoin Report: Key Trends, Insights, and Bitcoin Price Forecast
Eclipse launches public mainnet of first SVM L2 on Ethereum
How Far Can Cardano Price Rise in November?
Bitcoin Indicator Signals Equilibrium After Trump Victory – A Clear Path To New Highs?
Bitcoin
Bitcoin Indicator Signals Equilibrium After Trump Victory – A Clear Path To New Highs?
Published
5 hours agoon
November 7, 2024By
adminBitcoin is trading around $75,000 following Donald Trump’s victory in the U.S. election, stirring fresh optimism in the crypto market. Trump’s pro-crypto stance has ignited excitement among analysts and investors who anticipate favorable policies for digital assets in his administration. With Bitcoin now sitting at all-time highs, many speculate this could begin a new rally phase.
Related Reading: Ethereum Analyst Sets $3,400 Target Once ETH Breaks Key Resistance – Details
Key data from CryptoQuant indicates that Bitcoin has reached a price equilibrium, suggesting there are no strong market forces pulling the price lower. This positive equilibrium reinforces the bullish outlook and hints at a stable foundation for further growth. Analysts believe Bitcoin may be set for new highs with fewer obstacles in the coming weeks.
As investor confidence builds, some view this phase as a critical moment for Bitcoin to solidify its position in a pro-crypto policy environment. The combination of strong technical support and positive sentiment from Trump’s victory has set the stage for what many hope will be a significant upward trend, potentially driving the broader crypto market higher.
Bitcoin Enters A Bullish Phase
Bitcoin has officially entered a bullish phase after breaking past its previous all-time highs, reaching $76,500. This level has become a new area of focus as many analysts identify it as a potential resistance zone.
According to CryptoQuant analyst Axel Adler, the market is currently balanced between a “Bubble” and a “Crash” phase. Adler’s analysis, which includes key on-chain data, suggests that Bitcoin’s market structure is at an equilibrium, meaning there are no significant fundamental reasons to anticipate a drop. Instead, this setup provides a stable foundation for possibly continuing Bitcoin’s upward trend.
With the Federal Reserve’s interest rate decision set to be announced today, the next few weeks promise to be pivotal. A stable or favorable decision from the Fed could reinforce the optimism in the market, drawing in new demand and reinforcing Bitcoin’s position above $76,000.
Many investors and analysts expect heightened activity from institutional players, particularly given Bitcoin’s resilience around this milestone level. The market’s balance at this juncture is crucial. As long as Bitcoin maintains its current structure, it has the potential to continue its upward trajectory without substantial risk of retracement.
Related Reading
With fresh demand entering the market and the macroeconomic backdrop shaping up favorably, Bitcoin may soon aim for even higher levels. For now, all eyes remain on the $76,500 mark and how the market will respond in the wake of the Federal Reserve’s announcement. This period of consolidation could be the catalyst for the next leg up, solidifying Bitcoin’s bullish outlook.
BTC Key Levels To Watch
Bitcoin is trading at $75,000, holding steady above its previous all-time high of approximately $73,800. This level has become a critical support zone as BTC continues in a well-defined 4-hour uptrend. The trend began after a strong bounce from the 200 exponential moving average (EMA) at $66,800, indicating renewed bullish momentum.
Bulls need to keep the price above the $73,000 mark to sustain this momentum, a key psychological threshold. This level boosts market confidence and provides a potential springboard for Bitcoin to reach higher targets soon. A confirmed hold above $73,000 could signal further upside, inviting additional buying pressure and potentially setting up BTC for new highs.
Related Reading
However, if BTC fails to hold this level, it could slip toward a lower demand area of around $70,500. Despite this possibility, current price action shows no significant signs of a downturn. The steady uptrend and firm support levels suggest that Bitcoin’s bullish outlook remains intact, with little indication of an imminent drop.
As long as BTC maintains its structure, the path toward continued gains remains clear, reinforcing confidence in the ongoing rally.
Featured image from Dall-E, chart from TradingView
Source link
Bitcoin
Benjamin Cowen Issues Bitcoin Alert, Says Potential Plunge ‘That Scares People’ Incoming – Here’s His Outlook
Published
9 hours agoon
November 7, 2024By
adminWidely followed analyst Benjamin Cowen is issuing a warning on Bitcoin (BTC) as the flagship crypto asset trades near its all-time high.
In a new video, Cowen tells his 820,000 YouTube subscribers that Bitcoin could turn bearish around one month after the US general election.
“I just want to put that out there as one potential outcome that following the election, there’s going to be a lot of really bold calls as to what will happen. And what I think could happen is a drop sometime in early December that scares people. And I think it might be around the time of the labor market release [Non-Farm Payroll report is scheduled for December 6th].”
According to Cowen, Bitcoin could drop somewhere between 12% to 46% from the current level if the bearish scenario plays out.
“What is unclear to me right now is whether that drop by Bitcoin is just back-testing this [around $65,000] and then going up in 2025 or if it’s back-testing down here [around $40,000] and then going up. That is what I still remain somewhat unsure of…”
At time of writing, Bitcoin is trading at $73,813, down about 2% from its all-time high of around $75,400.
The widely followed analyst says that his envisaged Bitcoin correction in December would likely be temporary if it happens.
“I could envision a scenario where after the political outcomes are all decided if Bitcoin doesn’t immediately move up and then it starts to crash people might assume that the cycle is over. But it could very well just simply be the soft landing scenario…
…you could get a situation where you know Bitcoin sort of falls here and then rallies on up to new all-time highs in 2025.”
Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Follow us on X, Facebook and Telegram
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: Midjourney
Source link
Bitcoin
Bitcoin (BTC) Price Hits $76K as Crypto Liquidations Soar, Coinbase (COIN) Rockets 30% Higher on Trump Sweep
Published
17 hours agoon
November 7, 2024By
admin“It’s hard to think how the election outcome could have landed better for the industry, and expectations of key regulatory improvements are likely to build in the coming months and quarters,” David Lawant, head of research at crypto prime brokerage FalconX, said in a Wednesday report. “Such clarity could open room for additional crypto ETF products, covering the main crypto assets and potentially also a broader crypto index, and give entrepreneurs and investors more comfort in U.S. token launches.” However, Lawant warned of short-term risks in the meanwhile, which may include “last-minute enforcement actions by departing officials.”
Source link
Coinbase Brings Bitcoin to Solana with cbBTC
Here’s How Quickly Gary Gensler Could Lose His SEC Chair Gig Under Trump
The Bitcoin Report: Key Trends, Insights, and Bitcoin Price Forecast
Eclipse launches public mainnet of first SVM L2 on Ethereum
How Far Can Cardano Price Rise in November?
Bitcoin Indicator Signals Equilibrium After Trump Victory – A Clear Path To New Highs?
Satoshi Nakamoto: The Robin Hood of the Digital Age, But He Stole from Himself
Following SHIB’s success, XYZ coin could bring 19,900% gains: $1,000 could yield $200k
Benjamin Cowen Issues Bitcoin Alert, Says Potential Plunge ‘That Scares People’ Incoming – Here’s His Outlook
Trump Memecoins Tanked More than 50%: Is It The End or Just A Temporary Downfall?
TRUMP, MAGA, and other Trump-themed tokens crash after election day
Dormant Ethereum Whale Returned With Donald Trump’s Win Making $30M
SEC Seeks Court Approval to Dismiss Kraken’s Major Legal Defenses
How Trump’s Promises Could Influence BTC $250k forecast
Polymarket Faces French Ban After Massive Bets On US Election Results
182267361726451435
Top Crypto News Headlines of The Week
Why Did Trump Change His Mind on Bitcoin?
New U.S. president must bring clarity to crypto regulation, analyst says
Ethereum, Solana touch key levels as Bitcoin spikes
Bitcoin Open-Source Development Takes The Stage In Nashville
Bitcoin 20% Surge In 3 Weeks Teases Record-Breaking Potential
Will XRP Price Defend $0.5 Support If SEC Decides to Appeal?
Ethereum Crash A Buying Opportunity? This Whale Thinks So
Shiba Inu Price Slips 4% as 3500% Burn Rate Surge Fails to Halt Correction
‘Hamster Kombat’ Airdrop Delayed as Pre-Market Trading for Telegram Game Expands
Washington financial watchdog warns of scam involving fake crypto ‘professors’
Citigroup Executive Steps Down To Explore Crypto
Mostbet Güvenilir Mi – Casino Bonus 2024
Bitcoin flashes indicator that often precedes higher prices: CryptoQuant
Trending
- 2 months ago
182267361726451435
- 24/7 Cryptocurrency News3 months ago
Top Crypto News Headlines of The Week
- Donald Trump3 months ago
Why Did Trump Change His Mind on Bitcoin?
- News2 months ago
New U.S. president must bring clarity to crypto regulation, analyst says
- Bitcoin4 months ago
Ethereum, Solana touch key levels as Bitcoin spikes
- Opinion4 months ago
Bitcoin Open-Source Development Takes The Stage In Nashville
- Bitcoin3 months ago
Bitcoin 20% Surge In 3 Weeks Teases Record-Breaking Potential
- Price analysis3 months ago
Will XRP Price Defend $0.5 Support If SEC Decides to Appeal?