Crypto Currency

StreetCred Is Challenging Google Maps—and It Wants Your Help

New York City, and Christiana Ting didn’t realize just how many urgent care facilities there were until the app told her to start looking for them. “They were giving extra points for medical offices, and I found them, I think, on every block,” she says. “I’m not sure what that says about the neighborhood where…


New York City, and Christiana Ting didn’t realize just how many urgent care facilities there were until the app told her to start looking for them. “They were giving extra points for medical offices, and I found them, I think, on every block,” she says. “I’m not sure what that says about the neighborhood where I work.”

Ting was one of 761 New Yorkers who downloaded, played with, and occasionally became obsessed with an app called MapNYC this fall, vying for their share of an 8-bitcoin prize (worth about $50,000 at the time). The month-long contest, run by a new mapping startup called StreetCred, was really an experiment. StreetCred’s main research question: How do you convince regular people to build and verify mapping data?

It turns out that the maps that guide you to the nearest Arby’s, or help your Lyft driver find your house, don’t just materialize. “I took mapping for granted until I started the competition,” Ting says, even though she pulls up Google Maps at least twice a day. “But it’s such an inconvenience if the info on the map is wrong, especially in a place like New York, that’s changing all the time.”

For regular folk, detailed, reliable mapping info is helpful. For businesses, it can be crucial. Some want to be found when a map user searches for the nearest sandwich shop. Others use products that rely on base maps—think Uber, the Weather Channel, your car’s navigation system—and require up-to-date location data. “One of the huge challenges to any geographic database is its currency,” says Renee Sieber, a geographer who studies participatory mapping at McGill University. That is to say, yesterday’s map is no good to anybody doing business today.

Validated and unvalidated data points in Queens, New York, a few weeks before the conclusion of the MapNYC contest. StreetCred CEO Randy Meech says he suspects Uber and Lyft drivers were adding this data as they picked up, dropped off, and waited for fares near John F. Kennedy International Airport.

StreetView

StreetCred sees that as an opportunity. “There’s a lot of companies, none of whom I can name, who have location data, and that data needs improvement,” says

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Crypto Currency

Can you pay your mortgage with crypto? Housing giant Fannie Mae’s new policy says yes — details here

Fannie Mae now accepts cryptocurrency as collateral for down payments, allowing homebuyers to leverage their digital assets without selling. Details here.&nbsp…

Fannie Mae now accepts cryptocurrency as collateral for down payments, allowing homebuyers to leverage their digital assets without selling. Details here.&nbsp…
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Buy a Home With Bitcoin: Coinbase, Fannie Mae Bring Crypto Mortgages to Mainstream Buyers

Bitcoin Magazine Buy a Home With Bitcoin: Coinbase, Fannie Mae Bring Crypto Mortgages to Mainstream Buyers Coinbase is partnering with Better Home & Finance to roll out bitcoin-backed mortgages backed by Fannie Mae. This post Buy a Home With Bitcoin: Coinbase, Fannie Mae Bring Crypto Mortgages to Mainstream Buyers first appeared on Bitcoin Magazine and

Bitcoin Magazine

Buy a Home With Bitcoin: Coinbase, Fannie Mae Bring Crypto Mortgages to Mainstream Buyers
Coinbase is partnering with Better Home & Finance to roll out bitcoin-backed mortgages backed by Fannie Mae.
This post Buy a Home With Bitcoin: Coinbase, Fannie Mae Bring Crypto Mortgages to Mainstream Buyers first appeared on Bitcoin Magazine and is written by Micah Zimmerman…
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Bitcoin price drops below $70,000 after Iran truce buzz, Network Activity weakens

Bitcoin price falls below $70,000 as network activity weakens. Declining transactions and addresses signal lower demand. Key support is at $69,400, while resistance stands near $71,600. Bitcoin price today hit a daily low of $69,914.54 after soaring above $71,000 at the start of the week, following news of a truce proposal to Iran by US


Bitcoin price drops below $7src,srcsrcsrc again

  • Bitcoin price falls below $70,000 as network activity weakens.
  • Declining transactions and addresses signal lower demand.
  • Key support is at $69,400, while resistance stands near $71,600.

Bitcoin price today hit a daily low of $69,914.54 after soaring above $71,000 at the start of the week, following news of a truce proposal to Iran by US President Donald Trump.

The sudden pullback has pushed Bitcoin back below the $70,000 level, a psychological zone that traders often watch closely for signs of strength or weakness.

This decline did not happen in isolation, as the underlying data suggests that the broader network is also losing momentum.

Bitcoin Network Activity signals weakening demand

Recent on-chain data shows that Bitcoin’s Network Activity Index continues to trend downward, pointing to a steady cooling in user participation.

This index tracks a combination of key metrics that together reveal how actively the network is being used daily.

Among these metrics are active addresses, which measure how many unique participants are sending or receiving Bitcoin.

A decline in active addresses often signals reduced interest or engagement from both retail users and larger players.

Transaction counts have also softened, indicating that fewer transfers are taking place across the network.

This drop in transaction activity suggests that demand for block space is easing, which usually aligns with quieter market conditions.

Another important indicator, the UTXO count, reflects how coins are being distributed and reused, and its slowdown points to less frequent movement of funds.

Block data, including the number of bytes per block, further confirms that network usage is not as intense as it was during more active periods.

Taken together, these signals paint a clear picture of declining demand rather than temporary disruption.

The BTC price struggles mirror on-chain weakness

The recent dip below $70,000 appears to be more than just a reaction to short-term news or macro headlines.

Instead, it reflects a broader lack of strong buying pressure needed to sustain higher price levels.

Even though Bitcoin managed to climb earlier in the week, the rally lacked the support of rising network activity.

This disconnect between price and usage often leads to corrections, as the market struggles to justify higher valuations.

Short-term performance data also shows mild losses across multiple timeframes, reinforcing the idea that momentum is fading.

While the market has not entered a sharp sell-off, the gradual decline suggests a slow shift in sentiment.

Investors seem to be taking a more cautious approach, with fewer participants actively entering the market.

At the sam

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Analyst Says Bitcoin Eyes $80K as Key Level Faces Breakout Pressure

Bitcoin tested $71,500 four times in seven days as an inverse head and shoulders pattern builds, with analysts split on whether the compression leads to a breakout or another failed rally. The post Analyst Says Bitcoin Eyes $80K as Key Level Faces Breakout Pressure appeared first on Crypto News Australia…

Bitcoin tested $71,500 four times in seven days as an inverse head and shoulders pattern builds, with analysts split on whether the compression leads to a breakout or another failed rally.
The post Analyst Says Bitcoin Eyes $80K as Key Level Faces Breakout Pressure appeared first on Crypto News Australia…
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