Usalama Bora Forum Held on 27th February 2018 at the American Corner, knls Nakuru
Two of knls libraries i.e. Nakuru and Naivasha are partnering with the Kenya Police so as to improve the security of Kenyans. During the last quarter, Nakuru Library in partnership with the Kenya Police organized a forum dubbed “Usalama Bora” at the library hall on 27th February 2018. The forum was attended by about 80 participants, mostly the youth. They had an interactive and bold conversation about some of the issues they usually have with the Police, including corruption, poor communication skills, lack of professionalism, excessive use of force and the abuse of power. Members of the public were able to interact freely with the police officers, ask questions and engage in meaningful discussions on issues about the police service in a safe environment free from any form of retribution. The theme of this forum was “how do we perceive the Police and what is the reason behind it?”
The Police also took advantage of the forum to educate the public about issues of security and the need for them to cooperate with the Police force so as to appropriately deal with the crime.
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Which two knls libraries are partnering with the Kenya Police to enhance security?and What was the purpose of the forum?
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[img]https://cnews24.ru/uploads/b99/b997d0292af879479b585d634ff9dba392cf9f33.jpg[/img]
The crypto market has recovered a lot of the losses sustained in 2022, with BTC rising by over 80% YTD and many altcoins performing even better. This led to questions and analysis within the community about whether the bear market is over and the industry is preparing for yet another bull cycle.
Moreover, the BTC halving is scheduled to take place in less than a year, which is typically regarded as a catalyst for upcoming price increases. However, the recent developments from the US Securities and Exchange Commission could suggest that the agency might also have a role in a potential bull market.
[b]The SEC Impact[/b]
Being among the most powerful regulators within the world’s largest economy, the SEC’s actions frequently have a direct impact on a relatively small market like crypto. As such, when the Commission decided to go after Ripple in late 2020, as well as Coinbase and Binance, a few months ago, it harmed most digital assets’ prices almost immediately.
While this doesn’t sound all that surprising that the SEC’s lawsuits could hurt projects and companies, there’s also the opposite angle. We saw it earlier this week when Judge Analisa Torres, presiding over the agency’s case against Ripple, ruled in favor of the blockchain project, indicating that almost all XRP sales did not constitute security transactions, something that the SEC has been trying to prove for years.
The judge’s decision had an immediate and massive impact not only on XRP’s price but many other altcoins, which the SEC alleged to be unregistered securities.
Consequently, it’s safe to assume that the entire market could further surge should the agency lose its ongoing battles with the likes of Coinbase and Binance – two of the industry’s most prominent players.
[b]Spot Bitcoin ETF[/b]
The other aspect on which the SEC’s actions have a direct impact is whether the US will (ever) have a spot Bitcoin exchange-traded fund. The regulator has rejected countless applications in the past decade from companies such as Grayscale, Ark Invest, Fidelity, WisdomTree, VanEck, and many others.
With the agency’s growing attacks against the industry with its latest series of lawsuits, many believed that such a product will not see the light of day, at least not any time soon.
However, the tides changed in mid-June when BlackRock, the world’s largest asset manager and arguably the most influential financial giant, filed to release a spot Bitcoin ETF – a move mimicked by several other companies. BlackRock has a mindblowing success rate when it comes down to ETF applications, with the SEC of 575 to just 1.
Its filing for a spot BTC ETF had a profound effect on the cryptocurrency’s price, which soared past $30,000 for the first time in months after being stuck at around $26,000 – $27,000 for weeks.
The SEC first dismissed all recent applications, deeming them “inadequate,” which triggered immediate price declines as well. However, BlackRock, as well as the rest of the ETF seekers, amended the filings. Moreover, the agency recently accepted BlackRock’s application, thus commencing the official review process.
Although that could that a long time, a potential approval of a spot Bitcoin ETF in the States could also have a colossal and immediate effect on the entire market. After all, BTC did chart its current ATH of $69,000 amid the approval of the first futures BTC ETF in the US back in late 2021.
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A trader who nailed the end of Bitcoin’s (BTC) 2021 bull market is outlining when the crypto king could witness a big burst to the upside.
Pseudonymous analyst Pentoshi tells his 699,400 Twitter followers that capital appears to be leaving the crypto markets.
However, the trader says that market conditions will likely change in the coming months just before Bitcoin witnesses its next halving event.
“Every day checking stablecoin (market cap) and total value locked (TVL).
Every day, stablecoin (market cap) goes down, TVL goes down, *MOST* altcoins TREND down.
When new money? SOON! Think by or around Q1 2024 BTC is screaming up…
Hate to think where we’d be if it wasn’t for Saylor, Tether + ETF (exchange-traded fund). Maybe sub $20,000.”
[img]https://cnews24.ru/uploads/ee8/ee888c1eab9510ad6bb23366041ec27657428286.jpg[/img]
[i]Source: Pentoshi/Twitter[/i]
The next Bitcoin halving is slated for April 2024.
In the meantime, the trader holds a bearish outlook on BTC due to two macro headwinds.
Pentoshi says that the recent rally in the oil markets suggests that inflation will once again rear its ugly head. He also expects regulators to hold off on approving a spot-based Bitcoin exchange-traded fund (ETF).
According to Pentoshi, the ensuing correction from these two factors could set up BTC for a huge rally once regulators green light a Bitcoin ETF.
“Maybe after ETF Delay + Hot CPI (consumer price index) print. Fake dump into pump seems likely for later ETF spot approval…
Has nothing to do with hope. Everything to do with paying attention (my job).
Have you looked at energy in the last six weeks? Oil is up 24%, which leads to everything going up. Will either see it this (CPI) print or next. Fed is now showing a hot print as well.”
At time of writing, BTC is worth $29,098.
[i]Source: dailyhodl[/i]
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