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It’s Time For Another Huge Bitcoin Breakout, Says Strategist Who Correctly Predicted BTC Slump This Year

It’s Time For Another Huge Bitcoin Breakout, Says Strategist Who Correctly Predicted BTC Slump This Year

Bitcoin has been hovering around the $19,000 zone for 14 days straight as traders continue to unpack an array of issues plaguing the markets in...

Asian and Pacific Countries Adopt Jakarta Declaration 2023-2032

JAKARTA, Oct 24, 2022 - (ACN Newswire) - The 'High-level Intergovernmental Meeting on the Final Review of the Asian and Pacific Decade of Persons with Disabilities' (HLIGM APDPD) closed on Friday (Oct 21) with 53 Asia-Pacific and 9 associated countries adopting the landmark Jakarta Declaration, marking the start of the fourth 'Asian and Pacific Decade of Persons with Disabilities'.

53 Asia-Pacific and 9 associated UN ESCAP countries adopted the Jakarta Declaration 2023-2032, October 21, 2022. (ANTARA/Ministry of Social Affairs)

Participants in the Meeting on the Final Review of the Asian and Pacific Decade of Persons with Disabilities 2013-2023, Oct 21, 2022. (ANTARA/Ministry of Social Affairs)

"Today, on the last day of the high-level intragovernmental meeting in the Asia Pacific, we are adopting the Jakarta Declaration 2023-2032, which will be followed up by all members, accelerated and implemented," said the meeting chair and Indonesian Social Affairs Minister, Tri Rismaharini (Risma).

"Through the Jakarta Declaration, we reaffirm our global commitment to a better life for all persons with disabilities," said Risma, emphasizing the commitment of Asia Pacific countries in realizing the Incheon Strategy, initiated ten years ago. "The priority issue is an alignment of the Convention on the Rights of Persons with Disabilities (CRPD) at the level of legislation."

"It is time to increase efforts and take affirmative steps to implement universal design in all public areas, to increase the capacity of people handling persons living with disabilities in all sectors, and conduct national breakthrough campaigns to build awareness about disability," she said. "Harmonization of legislation is the toughest challenge for our own government, as it has central, provincial and regency/city government levels."

Under-Secretary-General of the United Nations, and Executive Secretary of the Economic and Social Commission for Asia and the Pacific (UN ESCAP), Armida Salsiah Alisjahbana said although the implementation of the CRPD was making progress, people with disabilities in the Asia Pacific region face obstacles in education, work, decision making, and many other aspects.

She invites UN ESCAP members to strengthen partnerships with disability organizations, the private sector, United Nations entities and the others to create a comprehensive community approach. Armida hopes that people with disabilities can participate in all policies and programs related to disability actively and significantly, in line with the spirit of 'nothing without us about us'.

HLIGM APDPD was held on a hybrid basis from 19 - 21 October 2022 and was attended by delegates from 53 member states, 9 association member, observer countries, UN agencies, and civil society organizations.

Written by: PR Wire, Editor: PR Wire (c) ANTARA 2022
Source article at: https://en.antaranews.com/news/256377/asia-and-pacific-countries-make-jakarta-declaration-agreement

UN ESCAP member countries also underlined the importance of making strategic investments to push disability-inclusive development through a whole-society approach in collaboration with relevant stakeholders, especially organizations of persons with disabilities and private sector entities, in order to accelerate action to promote and protect the rights of persons living with disabilities.

"I encourage all participants to continue their cooperation with one another and to take all necessary steps to make the recommendations formulated during this meeting in Jakarta. Now and in the next decade, we must come together and work it out," Rismaharini said.

The first point of the Jakarta Declaration is to harmonize national legislations with the Convention on the Rights of Persons with Disabilities, after the convention is ratified, by conducting a comprehensive and regular review of national legislations and appropriate regional regulations.

The second is to promote the meaningful participation of women and men with disabilities of all ages, including by closely consulting and actively involving children and youth with disabilities through their representative organizations, in planning, implementation, and decision-making on policies, programs, and political processes through reasonable accommodation.

The third point involves special attention to the special needs of persons with diverse disabilities and women, children, and elderly with disabilities to increase accessibility of the physical environment, including information and communication technology and systems, public transportation, and essential information and services related to disaster risk and public health emergencies and other public services.

The fourth is to promote the power of the private sector, including its resources, innovation, and technology talent, to push disability-inclusive development by adopting disability-inclusive public procurement policies to promote the adoption of universal design and accessibility measures for infrastructure, technology, and information and communication services that are publicly obtained.

The fifth is to promote a gender-responsive life cycle approach to develop and implement policies and programs related to disability by paying special attention to children, youth, women, and elderly people living with disabilities.

The sixth is to take action, based on information provided by competent national institutions and other recognized sources, to close the disability data gap and strengthen the capacity to track progress in disability-inclusive development at the national and subnational levels by producing comparable and qualified data as chosen by gender, age, and disability across sectors.

Written by: Devi Nindy Sari R, Resinta S, Editor: Rahmad Nasution (c) ANTARA 2022
Source article: https://en.antaranews.com/news/256205/53-asia-pacific-countries-agree-to-jakarta-declaration-on-disability

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comThe 'High-level Intergovernmental Meeting on the Final Review of the Asian and Pacific Decade of Persons with Disabilities' (HLIGM APDPD) closed on Friday (Oct 21) with 53 Asia-Pacific and 9 associated countries adopting the Jakarta Declaration, marking the start of the fourth 'Asian and Pacific Decade of Persons with Disabilities'.

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This On-Chain Metric Suggests Bitcoin Not In Danger Of Another Sharp Drawdown

Historical data of an on-chain indicator could suggest Bitcoin may not be in danger of another sharp crash right now. Bitcoin Spot Exchange Depositing Addresses Stay At Very Low Values As pointed out by an analyst in a CryptoQuant post, signs are that another crash similar to Q3 2018 isn’t likely to happen currently. The relevant indicator here is the “spot exchange depositing addresses,” which is a measure of the total number of Bitcoin wallet addresses that are making send transactions to centralized spot exchanges right now. Generally, investors deposit their coins on spot exchanges for selling purposes. Thus, a spike in this metric can be bearish for the price of the crypto as it could be a hint at dumping behavior from a large number of addresses. On the other hand, low values imply not many holders are adding to the selling pressure in the market at the moment. Now, here is a chart that shows the trend in the Bitcoin spot exchange depositing addresses over the last few years: Looks like the value of the metric has been going down in recent months | Source: CryptoQuant As you can see in the above graph, the quant has marked the relevant zones of trend for the Bitcoin spot exchange depositing addresses. It seems like usually around periods where this indicator has sharply risen up to local tops, the price of BTC has also observed a top and subsequently declined. Related Reading: Will Bitcoin Tank Following The Charles Schwab Indicator? Do BTC Investors Need To Worry? Since the bull run top last year, the spot exchange depositing addresses have been overall winding down, seeing only a couple of peaks in the period. Some investors have recently been wondering whether another sharp drawdown is coming for Bitcoin in the near future, just like the one the 2018 bear market saw after months of sideways movement similar to now. Looking at the chart for the trend during the 2017/2018 cycle, it’s apparent that the metric declined following the bull run top and then plateaued at low levels as the bear market went on. Related Reading: Bitcoin Dominance To Regain Control Over Crypto? | BTC.D Analysis October 20, 2022 However, in Q3 2018, the indicator suddenly jumped up. A couple of months or so after this happened, the price observed a crash. As during recent weeks there has been no such sharp increase in the indicator, the analyst believes there is no indication that a decline similar to then would take place now. BTC Price At the time of writing, Bitcoin’s price floats around $18.8k, down 4% in the last week. The value of the crypto seems to have dipped below the $19k level again | Source: BTCUSD on TradingView Featured image from André François McKenzie on Unsplash.com, charts from TradingView.com, CryptoQuant.com

Arca Firm CEO Believes Crypto Winter Has Reached The End, How True Is That?

In 2018, the cryptocurrency world experienced a crypto winter that saw the value of assets fall below 70-95% of their original value. This period lasted from January 2018 to December 2020. Currently, the crypto market is experiencing another chilly winter with its devastating effects felt on the top market player – Bitcoin. Despite the adoption and market dominance enjoyed by BTC: it still felt the crippling power of the bearish market cycle. Various predictions and speculations by experts relying on past market cycles are all over the place. Related Reading: AVAX Sheds 50% Over The Last 60 Days – More Losses Ahead? With the last crypto winter lasting almost three years: investors and traders are puzzled about the length of this current bearish market trend. The crypto world is affected by the devastating effects of global players on the political scene. The Russia – Ukraine conflict has increased the pressure on cryptocurrency globally. Igor Zakharov, CEO of DBX digital ecosystem: notes that high inflation has spiked interest rates in the United States. The U.S is the biggest promoter of crypto and a dominant force. Shift Of BTC Holdings By Whales And Big players Data obtained from Coinbase Pro shows that the big institutional players have transferred large amounts of their BTC holdings. The BTC volume pegged at 48,000 BTC is worth roughly $940 million. These bitcoin assets; were removed from long-term holding positions with a time frame of three to five years. Surprisingly, the smaller and medium addresses have increased their BTC holdings: according to Santiment. From recent data, BTC addresses with holdings in the range of 0.1 to 10 BTC now hold a record-breaking 15.9% of BTC’s total circulating supply. BTC price has been in constant flux. With its recent price struggles around the $20,000 range noted. It has left experts puzzled about the actual length of the crypto winter. Light At The End For Crypto But amid the uncertainty, Rayne Steinberg, CEO of digital assets investment firm Arca, is quite optimistic. He expressed his thoughts that the market is generally closer to the end of this dark period. However, he pointed out that macroeconomic factors made it difficult to go into specifics. With macroeconomic factors like inflation taking center stage worldwide, Steinberg opted to water down false hopes but encouraged optimism. Due to Bitcoin’s current connection with S&P 500, BTC price has taken a beating since the general market drawdown. This bitcoin sync with the equity market might favor the bears. Related Reading: Uniswap Coin’s Bullish Trajectory Sets UNI To Breach $7 Level – Time To Buy? Some experts’ predictions had the price of bitcoin nosediving by as much as 20% as its relationship with the S&P 500 continues. Relatively other altcoins are also experiencing the chilling effects of the dip. Uncertainty has now taken root in the crypto world. Forecasts and past price data are speculative as the big players gear up to weather the storm. Featured Image From Pixabay, Charts From Tradingview

The 22 Projects on Tezos Changing the Game: Inside Cohort 1 of the TZ APAC EGG Web3 Incubator

60 founders. 22 projects. 8 different countries. Here is a look at the talented teams building real-world web3 solutions in Cohort 1 of the incubator program.

The post The 22 Projects on Tezos Changing the Game: Inside Cohort 1 of the TZ APAC EGG Web3 Incubator appeared first on BitPinas.

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