Tuesday, December 31, 2024

Asuene APAC Partners with ASLI Satu to Provide “ASUENE” for Indonesia’s Logistics Industry, Pioneering Decarbonization and Sustainable Practices

Asuene APAC, the overseas subsidiary of Asuene Inc., has entered into a partnership with PT ASLI Satu Indonesia, a leading Indonesian IT startup, to provide "ASUENE", the carbon accounting platform. This service facilitates the visualization, reduction, and reporting of CO2 emissions. The partnership aims to advance decarbonization efforts in Indonesia's logistics and transportation industry.

Decarbonization and Sustainability in Indonesia’s Logistics Industry

The Indonesian government has committed to reducing greenhouse gas emissions by 29% by 2030 and achieving net zero by 2060. Despite these ambitious national goals, the logistics industry currently lacks specific guidelines for sustainability. This is particularly critical in Indonesia, an archipelago with over 17,500 islands where diverse transportation methods—road, ferry, maritime, and air—create a highly complex logistics network.

Rapid economic growth and the industry's important role in Indonesia’s economy underline the importance of private sector innovation in driving sustainability.

Details of the Partnership and the Introduction of “ASUENE”

ASUENE provides the comprehensive platform for visualizing, reducing, and reporting CO2 emissions across the supply chain, following the GHG Protocol's Scope 1-3 framework. Coupled with Sustainability Transformation (SX) consulting, the platform delivers a one-stop solution for decarbonization management.

ASLI Satu operates Indonesia's first multimodal logistics platform, KADEX, which integrates multiple transportation methods such as ferries, buses, motorcycles, and trains into a unified logistics solution. With strategic partnerships with state-owned enterprises like KAI (Indonesia Railways), DAMRI (bus transport), and ASDP (ferry services), ASLI Satu delivers reliable and efficient logistics services across Indonesia.

ASLI Satu introduced ASUENE to gain transparency into its CO2 emissions, enabling data-driven strategies for emission reduction across its operations. The platform's adoption underscores ASLI Satu’s commitment to sustainability as a key differentiator in a competitive market.

As part of this collaboration, Asuene APAC and ASLI Satu have signed a partnership agreement to promote ASUENE adoption across Indonesia’s logistics and transportation sectors. This agreement marks a shared commitment to fostering an environmentally conscious logistics industry in Indonesia.

Comments from Key Executives

Razali Ilham, President Director and Founder of PT ASLI Satu Indonesia

We are enthusiastic about collaborating with ASUENE as a reliable partner in carbon accounting. ASUENE’s sophisticated capabilities for managing CO2 emissions and environmental data, combined with their expertise in decarbonization, empower us to effectively visualize and reduce our emissions. This collaboration supports our decarbonization objectives and contributes to Indonesia’s overarching environmental goals.

Kohei Nishiwada, Founder & CEO of Asuene APAC Pte. Ltd.

We are thrilled that ASLI Satu has adopted ASUENE, taking a significant step toward decarbonization in Indonesia’s logistics industry. This partnership represents a transformative move to address the sector's challenges and drive industry-wide change. Asuene remains fully committed to supporting Indonesia’s journey toward achieving net zero.

About ASLI Satu Indonesia

Company Name: PT ASLI Satu IndonesiaRepresentative: Razali Ilham, Founder & President Director
Headquarters: Noble House, Jl. DR. Ide Anak Agung Gde Agung Jl. Mega Kuningan Barat, Jakarta, Indonesia
Website: https://www.asli-group.com

About Asuene APAC Pte. Ltd.
Asuene Inc. is a leading Climate Tech company in Japan with the mission of ”Changing the world for the next generation”. We provide "ASUENE", a carbon accounting platform to measure, report and reduce carbon emissions of companies and we contribute to the net zero society.

Company name: Asuene Inc. Representative: Founder & CEO Kohei Nishiwada Date of establishment: October, 2019 Headquarters: WeWork, KDX Toranomon 1Chome Building 4F, 1-10-5 Toranomon, Minato-Ku URL: https://earthene.com/apac

This press release has also been published on VRITIMES

Monday, December 30, 2024

Create Impactful Connections with Engaging Speeches

 

Introduction

Imagine standing before a crowd and (within seconds) they’re hanging onto your every word. Sounds amazing, right? Crafting engaging speeches isn’t just about what you say; it’s about creating meaningful connections. Whether you're addressing a small group or a massive audience, the ability to engage through your speech can open doors (1), build relationships, and leave a lasting impact. Ready to dive in? Let’s get started. However, it takes practice to master this skill. Although it may seem daunting at first, you’ll find that the more you practice, the easier it becomes. Because of this, don’t be afraid to put yourself out there!

The Importance of Engaging Speeches

Capturing Attention in a Distracted World

We live in an age of constant distractions (1): buzzing phones, wandering thoughts and other interruptions. Your speech competes with these countless disturbances. A truly engaging speech (however) cuts through the noise, capturing and holding your audience's attention. This is important (because) it allows the message to be heard. Although distractions are everywhere, a great speaker can still shine through.

Building Relationships Through Words

A good speech isn’t just about sharing information (it’s also about building trust and connection). Words can unite people, ignite ideas, and inspire action. However, this connection is important because it can shape the message’s impact. Although some might believe that merely reading from notes is sufficient, the reality is that interacting with the audience creates a significant difference. Trust and rapport can turn an average speech into something unforgettable and impactful.

Understanding Your Audience

Identifying Your Audience's Needs

Who are you talking to? What do they care about? Understanding your audience's needs (and wants) lets you shape your message better. This ensures it connects on a deeper level. However, if you ignore their interests, your message might totally fall flat. Although it can be tough, knowing your audience is very important because it helps you communicate way more effectively.

Adapting Your Tone and Content

Is your tone formal or informal? Should it be serious or humorous? Adjusting your tone is important (especially) because it helps you connect with your audience. When you tailor your content to their preferences, your speech becomes more relatable and impactful. However, it can be tricky to find the right balance. For example: if you choose humor, make sure it's appropriate for the occasion. Although some audiences might appreciate a lighter touch, others may prefer a more serious approach. This is why it's crucial to know your audience well.

Key Elements of an Engaging Speech

Crafting a Clear Message

Clarity is super important (key). A mixed-up message can totally confuse your audience. So, focus on one main idea and build your speech around it. However, remember that this central idea should be clear and engaging. Although it might seem simple, getting to the point is essential: number one. Because of this, take time to organize your thoughts before speaking.

Storytelling for Emotional Impact

People might forget facts (this happens a lot), however, they rarely forget a good story. Because of this, using anecdotes and narratives can make your message more relatable and memorable. Although it may seem easy, storytelling is a powerful tool that really resonates with people.

The Power of Humor and Relatability

A little bit of humor (1) can truly brighten the atmosphere and make you seem more friendly. When it's done well, humor creates an immediate bond. However, not everyone laughs at the same jokes and this can cause confusion. Although humor has the power to unite people, it can also drive them away (2). It’s crucial to understand your audience, because what amuses one person might not be funny to someone else.

Techniques for Delivery

Using Body Language Effectively

Your words matter (this is true); however, the way you present them is just as important. Maintain eye contact and use purposeful gestures. Stand confidently to convey your message powerfully (because this can make a big difference). Although these actions may seem small, they can significantly impact how your message is received.

The Role of Vocal Variety

Monotone delivery is (for sure) a guaranteed way to lose your audience. You should use pitch, pace and pauses to add some emotion. This keeps listeners engaged. However, it’s really important to remember that changing your tone can make a huge difference. Although some people might believe it’s not that necessary, using the right techniques can truly enhance your message. So, focus on how you deliver your speech, because it matters more than you might think.

Managing Nervousness

Feeling nervous? You’re not alone (a lot of people feel this way). Practicing, taking deep breaths and visualizing success can help calm those pre-speech jitters. However, structuring your speech is also key to keeping your audience engaged. This can really change how well your message gets across. Although it might feel tough, sticking to a clear outline helps you stay organized. Because of this, you can share your ideas in a more effective way. Remember, confidence builds with preparation!

Starting with a Hook

Did you know that the average person spends over 6 hours a day staring at screens? This is a shocking amount of time (and it keeps increasing). However, many people are not aware of the negative effects this can have on their health. For instance, too much screen time can lead to eye strain and sleep issues. Although some argue that screens are necessary for work and communication, it’s important to find a balance. Many students (especially high schoolers) are guilty of using their phones or computers late into the night. This can disrupt their sleep patterns, making it harder to focus during the day. But it’s not just students; adults are also affected. Because of this, it’s crucial to set limits on screen usage. In conclusion, while screens play an important role in our lives, moderation is key. If we want to maintain our health and well-being, we must be mindful of how much time we spend in front of them.

Building Momentum in the Middle

To keep your audience engaged, it’s important to present your key points clearly (this is really crucial). You should also back up these points with compelling evidence or interesting stories. However, clarity alone isn't enough; the way you tell your story can make a huge difference. Although facts and figures are important, personal anecdotes can resonate more deeply with your audience. This combination (of clarity and storytelling) will help you connect better. Remember, people often remember stories more than statistics because they evoke emotions. So, focus on how you communicate your ideas and your audience will likely stay interested!

Ending with a Memorable Conclusion

Leave your audience with something to think about: a powerful call to action or a thought-provoking quote (this) can work wonders. However, it's important to remember that engaging your audience is key. Although you might believe it’s enough to just present information, connecting emotionally is vital. This connection can inspire action or reflection (which is why) you should choose your words carefully. For example, a well-placed question can linger in the minds of your audience long after your presentation ends. But don’t just stop there—make sure your message is clear and really resonates with them. Because every moment counts, take the time to craft your closing thoughts. Whether it’s a striking fact, a memorable quote, or even a personal story, leaving your audience with a lasting impression is what makes your message effective. Remember, the goal is to spark curiosity and motivate them to think differently or even take action.

Leveraging Technology in Speeches

Visual Aids for Clarity

Slides, charts, and videos can help strengthen your message (this is crucial), turning complicated ideas into simpler ones. However, it’s important to pick the right format for your audience. For instance, some individuals prefer visuals (such as charts), but others might relate more to videos. Although every one of these tools is beneficial, you must consider how each one works with your overall presentation. Because of this, understanding your audience is essential for effective communication.

Interactive Elements to Keep Interest

Polls, Q&A sessions and live demonstrations (like the ones seen at events) can really make your speech more dynamic and engaging. However, it's crucial to plan these elements carefully. This can help keep the audience interested and focused. Although they add excitement, they can also be distracting (if not done correctly). Because of this, you should practice integrating them smoothly into your presentation.

The Aftermath of a Great Speech

Encouraging Interaction and Feedback

A great speech doesn’t really end when you walk off the stage (this might shock you). Instead, it’s crucial to encourage questions, discussions and feedback. This is important because it helps keep the conversation alive. However, a lot of people forget about this part. They believe the speech is over, but it’s just the start of a deeper engagement. Although it can be tough, fostering this dialogue can lead to more meaningful connections with your audience.

Following Up to Solidify Connections

Follow-up emails (or even personal notes) can help keep the relationships you've built during your speech strong. However, it's really important to think about timing: sending these messages too quickly or too late can change their effect. This is because people usually have packed schedules. Although you might assume a quick note is sufficient, taking a moment to write a thoughtful message can really make a big difference. But keep in mind, the key is to remain genuine and sincere in your communication.

Common Mistakes to Avoid

Overloading with Information

Less is more (that's a fact!). Avoid cramming too many details into your speech; however, this can overwhelm your audience. It’s important to remember: people often lose focus when there is too much information. Although you might think you need to include everything, it’s better to keep it simple. In the end, clarity will help your message stand out, because simplicity is key.

Ignoring Audience Engagement

If you're talking to your audience (instead of engaging with them), you risk losing their interest. Interaction is key; however, a lot of speakers forget this. Although it might seem easier just to present information, connecting with your listeners is super important. This creates a more enjoyable experience because it keeps everyone involved. Remember: interaction truly makes a difference.

Making strong connections through engaging speeches is a skill that anyone can learn (if they put in the time and effort). By knowing your audience, organizing your speech effectively and speaking with confidence, you can inspire, inform and leave a lasting impression. However, it takes time to develop these abilities. Although challenges may arise, you can overcome them (since practice makes perfect). This journey can be rewarding, but it requires dedication and hard work.

FAQs

1. What makes a speech engaging?

A clear message (similar to a guiding light), emotional storytelling, and an engaging delivery can make a speech truly captivating. However, it’s not only about what you say; how you say it is essential. This combination is essential because it draws the audience in. Although some speeches might be well-structured, they can fall flat without the right delivery. Engaging the crowd is key: it keeps them interested and paying attention.

2. How can I improve my delivery?

To enhance your delivery, practice is key. You should also use vocal variety (which involves changing your tone and pitch) and include effective body language. This is crucial because it engages your audience. However, keep in mind that excessive movement can be distracting. Although it might feel strange at first, these techniques will boost your overall presentation skills. So, don’t hesitate to try new things and discover what works best for you!

3. Why is audience analysis important?

Understanding your audience is important () because it helps you tailor your content and tone. When you know who you’re speaking to, you can make sure your message resonates with them. However, it can be challenging to figure out what your audience wants. Although it may take some time, the effort is worth it. After all, effective communication is key to engaging your readers (or listeners) and connecting with them on a deeper level.

4. How can storytelling enhance my speech?

Stories (they truly do) evoke emotions and make your message relatable, memorable, and impactful. 5: What are the best ways to handle public speaking anxiety? Practice is key; deep breathing can help too. However, positive visualization is also important because it allows you to see yourself succeeding. This combination can make you feel more confident and prepared. Although it might be challenging at first, overcoming this anxiety is possible with the right strategies.

About Kwento Co

Kwento Co is a diverse and dynamic media and information literacy website. We are a team of accomplished content creators, artists, influencers, and young entrepreneurs passionate about helping micro and macro-sized businesses market their services through effective digital marketing strategies tailored to their brands.

This press release has also been published on VRITIMES

Dubai-based Reputation House Forecasts Business Reputation to Dominate Digital Asset Strategies Worldwide

 

Reputation House, the UAE’s most titled reputation management agency, predicts online reputation to emerge as the key digital asset in upcoming year

Dubai’s Reputation House, recognized globally for its expertise in online reputation management, has forecasted an important shift in the corporate world: online reputation will become the most critical digital asset for businesses in 2025. With the digital landscape expanding and consumer trust increasingly tied to online perceptions, maintaining a strong reputation is no longer optional—it is imperative.

Market trends validate this prediction. The global online reputation management market is projected to grow from $319.12 million in 2023 to $876.77 million by 2030, with a compound annual growth rate (CAGR) of 15.53%. Highlighting this trend, Dima Raketa, CEO of Reputation House, notes:

"This exponential growth shows the real thing — businesses are waking up to the fact that a strong digital reputation drives measurable outcomes, from higher customer acquisition rates to increased investor confidence. As more industries compete in the digital space, companies that actively manage their reputation will gain a decisive advantage over those that treat it as an afterthought. And our mission at Reputation House is to help brands unlock the full potential of their digital presence by staying ahead of image-related challenges."

Reputation House helps businesses stay ahead by offering a wide range of services to manage and improve their online presence. These include thorough reputation audits, real-time tracking of media mentions, and advanced AI tools to keep tabs on what’s being said about them online. The company works closely with clients to create personalized strategies, helping them handle challenges quickly and stay competitive. 

The services provided by the agency are set to help startups and companies in different sectors. With actionable insights and real-time data, these services allow companies to make informed decisions, cultivate trust with their audience, and maintain a positive brand image.

In 2024, Reputation House became the most titled reputation agency in the United Arab Emirates with 5 international business awards in eight categories. 

To learn more about Reputation House and its services, visit the website

About Reputation House

Reputation House is well-known for its innovative use of AI and digital tools, making it a leading company on the online reputation market. The company specializes in providing businesses and individuals with solutions to protect, enhance, and manage their digital reputations. Its services include advanced organization reputation management, digital PR, SERM, and analytics, providing a comprehensive, one-stop solution for clients looking to maintain a strong online presence. With a proven track record of success, Reputation House has become a trusted partner for clients across a range of industries not only in the UAE but globally.

This press release has also been published on VRITIMES

The Future of Bitcoin Mining: What Would Happen If All BTC Were Mined?

 

Discover the future of Bitcoin mining as we approach the 21 million BTC cap. Learn about the transition to transaction fees, economic scarcity, and innovative strategies ensuring the sustainability and security of the Bitcoin network. Explore key insights and expert analysis for crypto enthusiasts and investors.

Bitcoin mining has evolved significantly since the cryptocurrency’s inception, driven by lucrative incentives and the decentralized ethos of its network. Initially, miners were rewarded with 50 BTC per block, enabling early adopters to accumulate substantial Bitcoin holdings relatively easily.

Today, the mining reward is 3.125 BTC per block following four halving events. With over 19.8 million Bitcoins already in circulation and only 1.5 million left to mine, the cryptocurrency will reach its cap of 21 million by approximately 2140.

Bitcoin’s Finite Supply and its Implications

The hard cap of 21 million Bitcoins is a cornerstone of Satoshi Nakamoto’s vision for a decentralized and scarce digital asset. This scarcity underpins Bitcoin’s value and demand, likened to digital gold. As the cap approaches, the network’s dynamics will shift:

1. Transition to Transaction Fees: Post-2140, miners will rely exclusively on transaction fees to validate and secure transactions. This shift is anticipated to sustain the network’s security and functionality.

2. Economic Scarcity: The finite supply enhances Bitcoin’s appeal as a store of value, potentially increasing its price as demand outpaces availability.

3. Adaptation of Mining Strategies: Miners are expected to adopt innovative solutions, such as utilizing heat generated during mining for secondary industries, ensuring continued profitability and sustainability.

Motivations for Bitcoin Mining

Bitcoin miners are driven by a mix of financial, ideological, and strategic motivations:

1. Financial Gains: Mining presents a lucrative opportunity through block rewards and transaction fees. Despite diminishing rewards, Bitcoin’s rising value and transaction activity continue to incentivize miners.

2. Decentralization: By participating in mining, individuals contribute to Bitcoin’s decentralized nature, which resists censorship and centralized control.

3. Long-Term Investment: Many miners view accumulating Bitcoin as a strategic investment, banking on future price appreciation.

4. Network Security: A high hash rate reflects robust network security and resilience, attracting further investment and participation.

Adapting to Challenges: The Resilience of Bitcoin Mining

Bitcoin’s mining ecosystem has demonstrated remarkable adaptability in the face of challenges. For instance, when China banned Bitcoin mining in 2021, miners quickly relocated operations, highlighting their resilience.

Similarly, the rising hash rate underscores Bitcoin’s ability to attract participation and maintain security, even amidst market fluctuations.

Key factors ensuring mining’s sustainability include:

1. Technological Advancements: Continuous improvements in mining equipment reduce operational costs and enhance efficiency.

2. Cheaper Energy Sources: Many miners leverage renewable and low-cost energy sources, such as hydroelectric power, to maximize profitability.

3. Difficulty Adjustments: Bitcoin’s algorithm dynamically adjusts mining difficulty, ensuring mining remains viable regardless of market conditions.

4. Price Appreciation: Historical trends show that halvings often drive Bitcoin’s price upward, offsetting the impact of reduced block rewards.

The Role of Transaction Fees

Transaction fees are poised to become the primary revenue source for miners as block rewards diminish. These fees have shown a potential to sustain mining operations, with instances like April 20, 2024, where transaction fees exceeded block rewards, accounting for 75% of miner revenue.

The increasing adoption of Layer 2 solutions, such as the Lightning Network, is expected to balance transaction costs and improve network efficiency, ensuring that Bitcoin remains accessible and secure.

Addressing Concerns About Deflation and Network Security

Bitcoin’s deflationary nature and fixed supply have sparked debates:

1. Economic Viability: Bitcoin’s divisibility into 100 million satoshis ensures usability even as its value rises. This design supports long-term investment and savings without stifling economic activity.

2. Network Security: Despite reduced block rewards, miners are expected to remain motivated by transaction fees, technological advancements, and Bitcoin’s price appreciation.

3. Global Adoption: Increasing acceptance by nation-states and integration into financial systems further solidify Bitcoin’s role as a global reserve asset.

Future Innovations and Diversification

Miners are exploring diversification strategies to sustain profitability:

1. Renewable Energy: Transitioning to sustainable energy sources reduces costs and addresses environmental concerns.

2. High-Performance Computing: Some miners are leveraging their infrastructure for AI and data processing, creating additional revenue streams.

3. Nation-State Involvement: Governmental adoption and initiatives, such as strategic reserves and cross-border trade, bolster Bitcoin’s legitimacy and utility.

Conclusion

Bitcoin’s ecosystem is well-positioned to thrive despite the eventual depletion of block rewards. The adaptability of miners, coupled with rising transaction fees, technological advancements, and broader adoption, ensures the network’s sustainability and resilience.

As cryptocurrency continues to evolve, it remains a testament to the ingenuity of decentralized technology and its potential to redefine global finance.

And please do your own research if you want to buy BTC. If you are a newbie in this crypto field, Bitrue will help you. You can use all of Bitrue’s features to get all the information you need before buying BTC. You also can check BTC price from BTC to USD so you can know how much budget you need to prepare for the investment you are going to make.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

This press release has also been published on VRITIMES

ASCARO Presents the GoodFest Event Bringing Padel and Wellness Together

 

The inaugural GoodFest Event showcases padel sport and other wellness experiences while spotlighting ASCARO Padel & Social Club as the ideal location for hosting health and wellness activities and events.

KUALA LUMPUR, December 2024 - ASCARO Padel & Social Club, Malaysia's premiere padel destination hosted the inaugural GoodFest Event this past weekend featuring a variety of wellness activities and a padel tournament. 

As the padel sport has been gaining popularity, the event was attended by about 400 people including regular players, wellness enthusiasts, influencers, and experts from different specialties. There was also a padel tournament, The GoodFest Cup, which added a healthy dose of competition.

"I was absolutely thrilled by the amazing turnout at GoodFest! The event was a perfect blend of wellness, fun, and padel - all complemented by a fantastic weather and enthusiastic guests," shared Deserie Martinez, Head of Events and Communications at ASCARO.

THE GOODFEST EVENT

The GoodFest event showcased more than just padel as other wellness activities were also available for participants, ranging from restorative activities like yoga, meditation, and breathwork to strength-building like pilates, core and circuit workouts and barre. 

While there were many physical healthy activities, there were also talks that served as valuable food for thought. One of the topics highlighted was about ‘Mastering Manhood’ by Mauri, opening the conversation about what modern masculinity is expected in our current society. This talk brought to light the complex terrains of men needing to balance the personal and professional, with the need to stay physically and mentally strong. The talk encouraged the benefits of belonging to a supportive men’s community – one that can be fostered in places like the padel courts.

The other talk was about stem cell technology and how it has revolutionized the wellness space by Dr. Jezzamine Lim, CEO and founder of Cell Biopeutics Resources Malaysia. Cellular performance plays a big role in the recovery and aging aspect of wellness journeys; this biotechnology has introduced stem cell therapy and stem-cell-derived cosmetic products.

Finally, a padel tournament, the GoodFest Cup was the main event with 98 players competing for prizes and wellness goodies.

PROMOTING PADEL AND WELLNESS

Aside from the activities at the event, there were also a variety of products, rehab and physio consultations, and various other wellness-supportive brands. These included So Good, Dunlopillo, Fred Perry, Precise Rehab, Regen Physio & Sports Rehab, L’evive, l1vin, Glaceau Vitamin Water, Perrier and Licky Chan.

"We’re proud to have been a part of the GoodFest event, to highlight the importance of health and wellness to a vibrant audience. The event was an incredible opportunity to share the goodness of So Good plant-based milks, delighting attendees with delicious range of Oat, Almond and Soy milks and wholesome nutrition in every sip,” said Ashleigh Rothel, the Senior Brand Manager of International Sanitarium Health Food Company.

Cudis, the first AI smart ring that rewards your wellness journey was also there to introduce their technology.

“The GoodFest focus on holistic health, fitness and mindfulness perfectly reflected Cudis’ core values in empowering individuals on their wellness journey. It was great to connect with passionate fitness enthusiasts and wellness advocates and we’re thrilled to have been part of such a dynamic community event,” said Edison Chen, the Co-Founder and CEO of Cudis.

Finally, Martinez expressed her gratitude to everyone who made GoodFest a one-of-a-kind experience, adding, “A heartfelt thank you to everyone who joined us – our sponsors, instructors and speakers and of course ASCARO and Paloma – we are looking forward to having more events such as these!”

About Ascaro Padel and Social Club

ASCARO Padel & Social Club is a premier padel facility in Malaysia, featuring rooftop courts, top-tier gym amenities, international coaches, and a lively social atmosphere enhanced by a stylish bar. Located in Kuala Lumpur, ASCARO caters to all skill levels, offering an exceptional experience for padel enthusiasts and aiming to elevate their game.

This press release has also been published on VRITIMES

Solana Price Outlook: Can SOL Price Reach $500 by 2025?

 

Explore Solana's price outlook and potential for reaching $500 in 2025. This analysis delves into current market trends, on-chain fundamentals, macroeconomic factors, and technical analysis to assess SOL's future trajectory.

The cryptocurrency market has seen significant activity around Solana (SOL), particularly as it attempts to stage a recovery during the holiday season. SOL's performance, coupled with macroeconomic and on-chain fundamentals, paints a nuanced picture of its short-term and long-term potential.

Current Market Trends: Solana’s Modest Rebound

As of Christmas Day 2024, Solana's price is making a modest recovery, trading just below the critical $200 mark. The asset has rebounded by 13% from its multi-week lows around $175, yet it remains significantly lower than its recent peak in the $260s.

However, despite the recent uptick, SOL is still trapped in a broader downtrend. Both the 21-day and 50-day moving averages (DMAs) suggest persistent bearish momentum, with analysts emphasizing that a meaningful break above $220 is necessary to confirm a trend reversal.

At the time of writing this article on December 26, 2024, Solana is trading at $193.29 with a decrease of -2.51%. The RSI value is below 50 which means the selling trend is higher than the buying trend.

Impact of Macroeconomic Factors

The Federal Reserve's hawkish policy stance, signaling only two interest rate cuts in 2025, has dampened confidence in risk assets, including cryptocurrencies.

However, bullish indicators, such as the continued strength of the U.S. economy and the incoming pro-crypto Trump administration, provide a counterbalance.

This favorable regulatory and macroeconomic environment could usher in a "golden age" for the U.S. crypto industry, potentially driving renewed investor interest in assets like Solana.

Why Solana Could Retest $260 and Beyond

Solana, despite recent market volatility, exhibits strong on-chain fundamentals and presents a compelling case for a potential retest of $260 and beyond.

Robust network activity, indicated by rising trading volumes and transaction counts, coupled with a relatively low market capitalization compared to Ethereum, suggests significant room for growth.

While a direct comparison to Ethereum is unlikely, analysts predict a substantial price appreciation driven by Solana's scalability advantages and increasing adoption within the DeFi and NFT sectors.

1. Strengthening On-Chain Fundamentals

Solana's blockchain metrics remain robust, with trading volumes, transaction counts, and Total Value Locked (TVL) showing strong upward trends, according to DeFi Llama.

These indicators highlight increasing network usage, which could support future price gains.

Solana's market cap of $94 billion, about 25% of Ethereum's, suggests ample room for growth. While it is unlikely to surpass Ethereum this cycle, analysts predict a potential 4-5x increase from current levels, driven by Solana's exceptional scalability and growing adoption in decentralized finance (DeFi) and non-fungible tokens (NFTs).

2. Short-Term Technical Analysis

Key Levels to Watch

- Support: $173.42 (61.8% Fibonacci level) has emerged as a critical base for SOL. If this level holds, it could signal the end of a corrective phase and the start of a bullish reversal.

- Immediate Resistance: $193.20 (50% Fibonacci level) serves as the first hurdle for upward momentum.

- Higher Resistance: $209.93 (38.2% Fibonacci) and $230.64 (23.6%) are subsequent levels to watch for a sustained breakout.

- Downside Target: Failure to hold the $173 support could push SOL toward the $152.65 level (78.6% Fibonacci).

3. Elliott Wave Analysis

Solana appears to be in the final stages of a corrective W-X-Y wave structure. A bullish reversal is plausible if the “C” wave concludes near the $173 support zone. A successful rebound could target $230 and potentially set the stage for higher highs.

Long-Term Price Outlook: Could Solana Reach $500?

Despite current struggles, many analysts remain optimistic about Solana’s future. As the crypto market transitions to a new cycle in 2025, several factors could propel SOL toward the ambitious $500 mark:

1. Pro-Crypto Regulatory Shift: The incoming U.S. administration is expected to create a favorable environment for blockchain innovation, benefitting major projects like Solana.

2. Ecosystem Expansion: Solana continues to attract new projects, enriching its ecosystem with advanced decentralized applications, tokenization initiatives, and cutting-edge solutions.

3. Bull Market Potential: Historical patterns suggest that Solana, like other major cryptocurrencies, has yet to enter the most explosive phase of its bull market, with significant upside remaining.

Risks and Challenges

1. Low Trading Volume: Recent declines in trading activity signal reduced investor confidence, potentially hindering price recovery.

2. Macroeconomic Uncertainty: Continued Fed hawkishness and other global economic factors could limit risk appetite for speculative assets.

Conclusion

Solana’s price action reflects a market in flux, caught between bearish trends and bullish fundamentals. While the short-term outlook suggests consolidation, the long-term narrative remains promising, driven by strong on-chain activity, ecosystem growth, and favorable macroeconomic shifts.

If Solana can break key resistance levels and sustain momentum, a retest of $260 appears likely, with the $500 target in 2025 firmly within reach.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

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Bitcoin’s Remarkable Journey in 2024: Insights, Events, and Future Outlook

 

Discover Bitcoin’s remarkable 2024 journey, with a 131.5% YtD surge and key events like ETF approvals, halving, Trump’s pro-crypto win, and Fed rate cuts. Explore market trends, challenges, and future forecasts, including Tom Lee’s bold $250K prediction for 2025.

Bitcoin (BTC) experienced a rollercoaster year in 2024, marked by significant price fluctuations, groundbreaking events, and renewed optimism among investors. By December 25, Bitcoin closed at $98,429, representing a 131.5% year-to-date (YtD) increase compared to its closing price of $42,505 at the end of 2023.

Let’s delve into the factors driving Bitcoin’s performance and its potential trajectory.

Price Highlights and Market Capitalization

Bitcoin began 2024 on a challenging note, hitting its lowest price of $39,179 in mid-January. From this low, it soared 171.6% to reach its all-time high of $106,415 on December 17.

On December 18, Bitcoin’s market capitalization surged to $2.1 trillion, elevating it to the seventh-largest asset globally, surpassing major companies like Saudi Aramco, Meta Platforms, and Tesla.

At the time of writing this article on December 26, BTC is at $98,687 with a gain of 0.44%. A price that is not too encouraging because BTC’s price is predicted to touch $100,000 again on Christmas Eve.

Four Key Events Driving Bitcoin’s Performance

Bitcoin has 4 major events happening during 2024 that will cause the token to surge in price today.

1. Approval of Bitcoin Spot ETFs in January

The U.S. Securities and Exchange Commission (SEC) approved 11 Bitcoin Spot Exchange-Traded Funds (ETFs), including offerings from BlackRock, Fidelity, and ARK Invest.

These ETFs allow traditional investors to gain exposure to Bitcoin without directly holding the asset. The approval attracted an inflow of $35.47 billion into Bitcoin Spot ETFs by December 24, pushing Bitcoin to $73,000 shortly after the announcement.

2. Bitcoin Halving in April

On April 20, Bitcoin underwent its fourth halving, reducing the mining reward from 6.25 BTC to 3.125 BTC. Historically, halvings have triggered long-term price increases due to reduced supply.

While Bitcoin’s price consolidated between $63,000 and $64,000 immediately post-halving, it aligned with historical patterns, which often see significant price growth within six months to a year after such events.

3. Trump’s Pro-Crypto Presidential Victory in November

Donald Trump’s re-election as U.S. President on November 6 was celebrated by the crypto community.

His pro-crypto stance, including promises to make the U.S. the “crypto capital of the world,” boosted Bitcoin’s price by 10%, reaching $75,984. Trump’s policies are expected to foster a more favorable regulatory environment for cryptocurrencies.

4. Federal Reserve’s Interest Rate Cuts

Throughout 2024, the Federal Reserve cut interest rates by 100 basis points, including reductions of 50 bps in September and 25 bps each in November and December.

Lower interest rates typically benefit risk assets like Bitcoin by encouraging capital flow away from bonds and into alternative investments.

Market Dynamics and Challenges

Just like other crypto tokens, BTC also experiences price movements that go up and down. Here's how BTC's price dynamics will be throughout 2024.

1. Derivatives and Margin Markets

Despite significant price volatility, Bitcoin’s derivatives market maintained a neutral-to-bullish stance. Futures contracts traded at a robust 12% premium, reflecting strong demand for leveraged long positions.

Meanwhile, Bitcoin’s margin markets showed a 25x long-to-short ratio, indicating sustained bullish sentiment.

2. Whale Activity and Sell-Side Pressure

On-chain data revealed increased sell-side pressure from large investors during market downturns. The average Bitcoin transaction size peaked at $306,100 in December, the highest in two years, often signaling intensified sell-offs.

This behavior, combined with market uncertainty, poses short-term risks to Bitcoin’s price stability.

Bitcoin’s Future Prospects

So, what is the future of BTC? Here is an explanation that you can read.

1. Support and Resistance Levels

As of December 25, Bitcoin’s key support level stands at $90,500. Breaching this level could lead to further declines, with $88,000 as the next major support.

Conversely, breaking above the $99,426 resistance could signal a bullish recovery, potentially paving the way for a retest of the $108,353 high.

2. Tom Lee’s Prediction

Prominent analyst Tom Lee predicts Bitcoin could reach $250,000 by 2025, citing a friendlier regulatory landscape and increased adoption. He also highlights Bitcoin’s potential role as a Treasury reserve asset, which could significantly bolster its value.

Conclusion

Bitcoin’s performance in 2024 underscores its resilience and adaptability amid macroeconomic and geopolitical shifts. While challenges remain, such as heightened whale activity and economic uncertainty, the asset’s growing institutional adoption and favorable regulatory developments paint an optimistic picture for 2025 and beyond.

Investors and enthusiasts alike should keep a close watch on market trends, support levels, and policy shifts as Bitcoin continues its journey as a transformative global asset.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

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Banwa Private Island Elevates Filipino Hospitality

  

Banwa Private Island, a premier luxury retreat nestled in the pristine waters of the Sulu Sea in Palawan, Philippines. Banwa Private Island recently achieved a significant milestone by certifying 63 of its frontliners under the Philippines' Department of Tourism’s (DOT) award-winning Filipino Brand of Service Excellence (FBSE) program. 

This certification underscores the island's commitment to providing world-class hospitality with a distinct Filipino touch. Beyond its exclusive accommodations and world-class amenities, Banwa Private Island is deeply rooted in Filipino culture and tradition. The island’s commitment to sustainability is reflected in its eco-friendly practices, from sourcing local ingredients from its own organic farm to minimizing waste. Discover the ultimate luxury escape and experience the warmth of Filipino hospitality at Banwa Private Island. 

Banwa Private Island, a premier luxury retreat nestled in the pristine waters of the Sulu Sea in Palawan, Philippines, is proud to announce that 63 of its frontliners have been certified under the Philippines Department of Tourism’s (DOT) award-winning Filipino Brand of Service Excellence (FBSE) program.

Janet Oquendo, Island Manager of Banwa Private Island, expressed the island’s commitment to providing world-class hospitality with a distinct Filipino touch. “By participating in the FBSE program and certifying 63 of our frontliners, we aim to further elevate our service standards and ensure that our guests experience the warmth and authenticity of Filipino hospitality,” she said.

Banwa Private Island offers an unparalleled luxury experience. For three consecutive years, Destination Deluxe has awarded it the title of ‘Private Island of the Year,’ and for two years in a row, Robb Report has included it in ‘The 50 Greatest Luxury Hotels on Earth.’ Beyond its exclusive accommodations and world-class amenities, the island remains deeply rooted in Filipino culture and tradition. 

The DOT’s FBSE program, hailed as the Training Program of the Year at the GovMedia Awards 2024, has empowered thousands of tourism industry professionals to deliver exceptional service. By embracing the seven core values of Filipino hospitality – Maka-Diyos (God-fearing), Makatao (People-oriented), Makakalikasan (Environmentally-conscious), Makabansa (Nationalistic), Masayahin (Cheerful), May Bayanihan (Community-spirited), and May Pagasa (Hopeful) – Banwa Private Island’s team is committed to providing warm and sincere service, from the iconic “Mabuhay” gesture to personalized attention to detail.

Through the FBSE program, Banwa Private Island’s 63 certified frontliners are now equipped to deliver world-class service, ensuring that every guest feels the warmth and hospitality that the Philippines is renowned for. 

Recognized as one of the Philippines’ important shark and ray areas, Banwa Private Island is not only an exclusive destination but also a responsible steward of the environment. The island’s commitment to sustainability is reflected in its eco-friendly practices, from sourcing local ingredients from its own organic farm to minimizing waste. Beyond its operational sustainability, Banwa Private Island actively participates in various conservation programs, including marine conservation initiatives and coral reef restoration projects. By preserving the natural beauty of the Sulu Sea, the island ensures a sustainable future for generations to come. Banwa Private Island is also known for its unspoiled natural environment, with an artesian well providing fresh spring water and a naturally mosquito-free ecosystem. 

By participating in the FBSE program, Banwa Private Island reinforces its commitment to providing world-class hospitality with a Filipino heart. The island’s dedication to excellence and sustainability ensures that guests will experience a truly unforgettable and authentic Filipino experience.

For more information and inquiries in booking an island escape at Banwa Private Island, please contact our Reservations team through mobile/WhatsApp: +639178882864, send an email to reservations@banwaprivateisland.com or visit website at www.banwaprivateisland.com.          

About Banwa Private Island

Banwa Private Island is an intimate all-villa destination for discerning guests wanting to experience privacy and seamless service in a marine and land nature reserve. Nestled in one the world’s last frontiers of natural biodiversity, north-eastern Palawan in Philippines, the island sanctuary boasts of breath-taking views, verdant landscape, pristine beach and turquoise waters.

Banwa Private Island’s beachfront villas are designed to soak our guests in the natural beauty of the island. Floor-to-ceiling windows allow the outside to flood in, the beach and garden terraces are mere bare-footsteps away and an infinity pool melts into the ocean. For a quintessential island escape, guests can choose to stay in a contemporary-designed villa or exclusively charter the whole island for family, friends and colleagues.

Central to Banwa Private Island’s ethos, the Aquos Foundation was established to support, nurture and protect delicate ecosystems. Among its pioneering programs is the protection and restoration of habitats of the critically endangered Mantanani Scops Owl, Hawksbill Turtle and the Tabon Bird (Philippine Megapode).

www.banwaprivateisland.com

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Strategic Partnership: Nusantara Global Network & FBS Revolutionize Trading with FBS Rebates

   Kuala Lumpur, Malaysia, 19/1/2025 –  Nusantara Global Network  is proud to announce a strategic collaboration with  FBS , a highly-regard...