DESTINYbit announces Innovative “Spaghetti Anime” Sandbox Tactical RPG: NITRO GEN OMEGA

 

DESTINYbit announces Innovative “Spaghetti Anime” Sandbox Tactical RPG: NITRO GEN OMEGA Turning the player into the director of a Mecha Anime!

October 9, 2024 - DESTINYbit, the award winning Italian developer behind Dice Legacy, in collaboration with 4Divinity. Announced today NITRO GEN OMEGA, an innovative “Spaghetti Anime” tactical RPG blending cinematic Mech battles, team management and Sandbox RPG elements, set to release in 2025. 

NITRO GEN OMEGA』Trailer

NITRO GEN OMEGA pushes tactical RPGs in a new direction with an innovative timeline combat system that blends turn-based tactics with cinematic, anime-like visuals, offering players a fresh way to experience strategic battles.

Drawing inspiration from titles like Fire Emblem for team management and Battle Brothers for open-world exploration, NITRO GEN OMEGA offers a unique experience that stands out in the tactical RPG genre. The announcement trailer features striking in-game footage that blurs the line between tactical gameplay and anime, offering an exciting first look at the tactical gameplay they will experience in the battle against the machines, as well as glimpses of the activities the characters can take part in aboard their mobile airship base.

About NITRO GEN OMEGA 

NITRO GEN OMEGA is an innovative "spaghetti anime" sandbox tactical RPG, featuring high-octane cinematic Mech battles which combine deep strategic gameplay with striking visuals that look like you're watching the episode of an anime. Set in a future where humanity lost the war against the machines, you are the commander of a mercenary crew, surviving by taking on contracts for the few outposts still standing. Build and tune your Mech. Recruit pilots and watch them bond aboard the airship: your mobile base. Complete contracts and engage in high-octane cinematic Mech battles featuring a unique timeline system. Play solo or join a persistent online world featuring permadeath, where every character is procedurally generated. 

Asset for Download

https://drive.google.com/drive/folders/1WEMe2NZPv9FGo3aUq_8SvwpudD4kbZ6L?usp=sharing

『NITRO GEN OMEGA』Steam page

https://store.steampowered.com/app/2525510/NITRO_GEN_OMEGA/

About DESTINYbit

DESTINYbit is a game development studio based in Ravenna, Italy, that strives to make Uncomparable Games. Creators of Empires Apart and the award winning Dice Legacy. Founded in 2016 and acquired by Amplifier Game Invest in 2020, DESTINYbit is part of the Embracer Group.

About 4Divinity Pte Ltd

4Divinity is a digital and retail games publishing company focused on bringing exciting games content from around the world to Asia and introducing Asian content to a global market. Along with its sister company Epicsoft Asia, 4Divinity is partnering with publishers and development studios to introduce brand-new IP to the region. https://www.4divinity.com/

This press release has also been published on VRITIMES

Alsons Power: Energizing Mindanao's Path to Growth and Development

  

GENERAL SANTOS CITY – “Alsons Power is helping unlock the vast potential of Mindanao, fueling communities, and driving sustainable economic growth while prioritizing environmental stewardship,” said Antonio Miguel “Anton” Alcantara, CEO of Alsons Power, at the 33rd Mindanao Business Conference (MinBizCon). The event, held at the KCC Convention Center in General Santos City, brought together key leaders to discuss the future of the region’s economy.

As the power business unit of the Alcantara Group—a Mindanao-focused enterprise with significant investments in energy, agriculture, and real estate—Alsons Power plays a crucial role in supporting the region’s rapid development.

Alcantara shared that the Department of Budget and Management is targeting an economic growth rate of 6.5% to 7.5% by 2025, which is expected to drive an even greater demand for energy.

Data from the Independent Electricity Market Operator of the Philippines (IEMOP) and the Department of Energy show that the Philippines reached a peak energy demand of 17,331 megawatts in 2023, which surged to over 19,000 megawatts by the April 2024. Mindanao mirrored this trend, reaching a peak demand of 2,642 megawatts in April this year, an increase from the 2,323 megawatts recorded in the previous year. These rising figures highlight the nation's growing power consumption, driven by heightened economic activity and rising temperatures.

"Our population is rapidly growing, and every household increases power consumption, upgrading the use of electricity. That's about 100–125 megawatts in Mindanao every year," said Assistant Secretary Romeo M. Montenegro, Deputy Executive Director of the Mindanao Development Authority (MinDA), addressing delegates at the Zamboanga Peninsula (ZamPen) Power Summit last August.

"After 4-5 years, a shortage will happen again, which is why proper timing, coordination in terms of policy and investments, and attracting power investment sectors are a must in Mindanao to avoid the rotating brownouts that happened in the past," Montenegro added.

To help meet this surging power demand, Alcantara outlined Alsons Power’s strategy to expand and diversify its energy portfolio. “We’re committed to developing new power plants with a strong focus on renewable energy while optimizing our existing conventional power assets,” he said.

Currently, Alsons Power has a capacity of over 460 megawatts, serving more than eight million people across Mindanao.

“Alsons Power is focused on building our renewable energy portfolio with various hydro and solar projects at different stages of development and implementation. These projects aim to contribute to the country’s goal of reaching a 35% renewable energy share by 2030 and 50% by 2040,” Alcantara said.

Recently, Alsons Power completed its first foray into the renewable energy landscape with the 14.5-megawatt run-of-river Siguil Hydro Power Plant in Maasim, Sarangani Province. This plant has an estimated annual output of around 95,000 MWh, capable of powering over 40,000 households. Siguil Hydro is the fifth renewable energy project to enter Mindanao's Wholesale Electricity Spot Market (WESM).

Alsons Power is also advancing other renewable projects, including the Sindangan Zambo-River Power Plant with a potential capacity of 8.8 megawatts for the run-of-river hydropower plant and 29 megawatts for the solar power plant.

More than three decades after helping address the Mindanao power crisis and the region's growing energy demands, Alsons Power remains committed to delivering safe, reliable, and affordable energy to the Southern Philippines and beyond. Recently, the Alcantara-led power business unit secured its first retail electricity supply agreement with Holcim Philippines, under which it will supply 80% of the energy needs for Holcim’s facilities in Davao and Lugait, Misamis Oriental.

“Reliable and affordable electricity is a key driver in attracting investments to a region. Our power facilities in Maasim, Sarangani, play a critical role in providing the stable energy needed to support and attract investments, not just within the province but across Mindanao,” emphasized Alcantara.

Alcantara also highlighted the company’s role in attracting large-scale industrial projects, including the multi-billion-dollar Panhua Integrated Steel Plant, a flagship venture by China’s Panhua Group, slated for completion by 2026 in the Kamanga Agro-Industrial Ecozone (KAIEZ) in Maasim, Sarangani.

“As we diversify our power sources, we remain committed to driving Mindanao’s growth, fostering economic progress, and safeguarding our natural resources,” Alcantara concluded.

About Alsons Power

Alsons Power is the power business unit of the Alcantara Group, a Mindanao-focused enterprise with significant investments in energy, agriculture, and real estate.

This Press Release has also been published on VRITIMES

APAC Video Streaming Market to Reach $112.89 Billion by 2030, Agora Targets Real-Time Communication Expansion

Agora, Inc. (NASDAQ: API), a pioneer in real-time engagement APIs, has swiftly established itself as a leader in the APAC region by capturing the largest market share in the Real-Time Communication (RTC) industry.

Singapore, 3 October 2024 – The Asia-Pacific (APAC) video streaming market is projected to experience explosive growth, with market size reaching $112.89 billion by 2030, driven by a robust compound annual growth rate (CAGR) of 22.5% from 2023. This expansion is fueled by surging demand for mobile-first streaming services, particularly in key markets such as Indonesia and Malaysia, where mobile content consumption via smartphones dominates, with 69% and 86% of users respectively streaming on these devices. Amid this boom, Agora, Inc. (NASDAQ: API), a global leader in Real-Time Communication (RTC) technology, is positioning itself to capitalize on these trends, bringing innovative communication solutions to meet the evolving needs of this rapidly expanding market.

The APAC region's video streaming landscape is increasingly defined by a mobile-first approach, necessitating high-performance, low-latency communication solutions to ensure seamless and real-time user experiences. Agora’s cutting-edge real-time engagement technology empowers developers to integrate voice, video, and interactive features effortlessly, making it possible for businesses to deliver the high-quality, instantaneous interactions that users now expect. As the demand for real-time communication (RTC) continues to rise, Agora is uniquely positioned to support businesses looking to engage more deeply with their audiences.

“We are seeing unparalleled growth in the video streaming market, and Agora’s technology is at the forefront of this revolution,” said Tony Wang, Co-Founder and Chief Revenue Officer at Agora. “Our commitment to innovation ensures we meet current demands while anticipating future trends like AI integration, multimodal communication, and immersive AR and VR experiences. The key is enabling businesses to deliver real-time, interactive experiences that keep users engaged, no matter where they are.”

Agora's Real-Time Engagement Platform currently supports more than 60 billion minutes of live voice and video each month, serving over 1,700 clients in more than 200 countries. This represents a 14% year-on-year increase, underscoring the platform's growing significance in powering critical communication services across various industries. Agora’s technology has become integral to the success of 60% of the top 1v1 video apps by revenue, 45% of leading dating apps in Southeast Asia, and 65% of the top 20 voice chat rooms in the region. Furthermore, Agora holds a dominant 40% share among leading live-streaming apps, the highest among third-party RTC providers.

Shaping the future with AI and multimodal communication

Agora’s vision goes beyond traditional RTC technology. The company aims to revolutionize the AI landscape with multimodal solutions combining voice, video, and chat to enable real-time, AI-powered experiences with ultra-low latency, even under varying network conditions.

Multimodal AI is set to transform business operations by fostering human-AI collaboration. For instance, in telehealth, Agora’s AI solutions could streamline diagnoses and make healthcare more accessible. Similarly, sectors like education, entertainment, and customer service are expected to benefit from these AI-driven systems, which offer real-time insights, generate creative content, and provide user-based recommendations.

Innovations like AI-based noise suppression and real-time transcription (RTT) are already integrated into Agora’s platform, enabling superior communication experiences in noisy or low-bandwidth environments. These technologies ensure businesses remain competitive, where user experience and reliability are paramount.

"Agora is actively responding to the rapid shifts in the APAC video streaming landscape," added Effie Fang, Director of Agora’s APAC Sales Team. "Our technology not only supports but also drives innovation in how businesses interact with their audiences. Leveraging our advanced real-time communication solutions, companies can enhance user engagement and capitalize on the market’s explosive growth."

In Indonesia, Everywhere.id has used Agora’s real-time communication technology to drive a 71% boost in user interactions, achieving 13 million minutes of peak monthly engagement. Similarly, Fastwork, a prominent freelancing platform, doubled its chat-to-payment conversions after integrating Agora’s real-time calling API, demonstrating the transformative impact of seamless communication on business performance.

Addressing industry trends and challenges

As the RTC industry evolves, Agora is tackling key trends and challenges, including the rise of 5G, the integration of AI, IoT, and machine learning, and the growing importance of AR/VR and metaverse applications. Agora is not only keeping pace but actively driving these developments. By optimizing its solutions for 5G networks, Agora ensures that its platform delivers top-tier audio and video quality, regardless of location.

Security and privacy are critical concerns in the RTC space. Agora has introduced industry-leading safeguards to protect its users, with a strong focus on compliance and data security, positioning the company as a leader in a market that prioritizes trust and safety.

Looking ahead: Agora’s strategic roadmap

As the APAC video streaming market continues to grow, Agora is focused on staying ahead by pushing the boundaries of AI and multimodal communication. These advancements set the bar for real-time, AI-powered solutions in broadcasting, customer service, and healthcare.

Regional expertise is a key part of Agora’s strategy. By investing in localized training, the company ensures its teams can deliver tailored solutions that meet the unique needs of each market. This ability to customize offerings for different industries and regions gives Agora a strong competitive edge.

Agora is also expanding into high-growth markets like South Korea, Japan, Vietnam, and Thailand, particularly in sectors such as media, entertainment, and live commerce. These areas are rapidly growing, making Agora's technology indispensable in meeting the demands of these industries.

Through focused marketing initiatives, Agora is enhancing its brand visibility and reinforcing its leadership position in real-time communication technology. With innovation, customer success, and market leadership at its core, Agora is shaping the future of communication across APAC.

About Agora

About Agora.io

Headquartered in Santa Clara, California, Agora is a pioneer and global leader in Real-Time Engagement Platform-as-a-Service (PaaS), providing developers with simple, flexible, and powerful application programming interfaces, or APIs, to embed real-time voice, video, interactive live-streaming, chat, whiteboard, and artificial intelligence capabilities into their applications.

This press release has also been published on VRITIMES

Häfele Philippines Strengthens Hospitality Industry Presence at the Hotel Supplier Show

 

Häfele Philippines Inc. successfully showcased its cutting-edge solutions at the Hotel & Food Service Suppliers Show 2024, held from September 19-21 at the SMX Convention Center, Pasay City. The event attracted a significant number of industry professionals, including clients, Hotel Owners and suppliers from the hospitality sector, all eager to experience Häfele’s wide range of innovative products firsthand.

Häfele’s booth featured a comprehensive display of their latest offerings, including sanitary fittings, complete door hardware solutions, digital locking systems for door and cabinets, sliding door solutions, furniture fittings (Hawa Sliding), home appliances, lighting solutions (Loox5), and a variety of handles and hinges. Attendees explored these products through guided tours and consultations with Häfele’s sales team. Exclusive discounts and complimentary coffee enhanced the experience, allowing visitors to engage more deeply with the brand.

A key highlight of the event was the presentation conducted by Mr. Emil Yague, Project Sales Manager of Häfele Philippines, which focused on the company’s innovative solutions and relevance application within the hospitality industry. His presentation offered valuable insights into how Häfele’s products address the growing demands of hotels, restaurants, and service providers.

Leading the Häfele team throughout the exhibition was Managing Director Mr. Roland Poehlmann, who underscored the company’s commitment to fostering strong partnerships with key players in the industry. Häfele’s participation in the show further solidified its reputation as a trusted provider of high-quality, functional, and aesthetically pleasing solutions tailored to the needs of the hospitality sector.

The event was a resounding success, reinforcing Häfele’s position as a leader in innovative solutions for the hospitality and food service industries.

We hope to see you at our upcoming exhibits!

If you want to learn more about Häfele’s products, visit our website or follow us on social media for the latest updates and offerings.

Häfele Philippines

Facebook: www.facebook.com/hafelephilippines

Instagram : www.instagram.com/hafelephilippines

Website: hafelehome.com.ph

About Häfele Philippines Inc.

Häfele is an international company providing architectural hardware, furniture fittings, storage solutions, home appliances, and electronic access control systems. Around the world, customers from the furniture industry, dealers, joiners and cabinet makers, as well as architects, planners and builders all rely on Häfele's expertise and performance.

This press release has also been published on VRITIMES

Latest Solana and XRP Price Analysis, #Uptober Impacted by Iran's Attack on Israel?

 

Iran's attack on Israel dampened the #Uptober tradition in the crypto ecosystem. Most crypto prices have dropped, including Solana and XRP. How are the two crypto tokens doing now?

Uptober, a joyful tradition in the crypto ecosystem every October, seems to be faltering due to conflicts between countries. The reason is, that since Iran attacked Israel the crypto market has turned red, and so have Solana price and XRP.

Let's take a closer look at SOL and XRP. The discussion will also include Solana pricing and XRP price now so you can find out what the condition of both of them is in real-time.

Why is October Special in the Crypto Ecosystem?

The Uptober tradition in crypto is not a traditional tradition which reflects the increase in crypto token prices. Apart from the volatile nature of crypto, various other factors can also make October a sad month for crypto token holders.

However, here are some reasons why October has been special in recent years for the crypto ecosystem.

1. Market Strengthening After Summer

June to September were indeed slow months for the crypto ecosystem. Starting from the price of Bitcoin, Solana, XRP, Ethereum, and various other crypto tokens experiencing price declines.

After the summer, conditions improved. One reason is that institutional investors return to the office after their holidays and interest in trading and investment has strengthened again.

2. October Becomes Encouragement

The end of October becomes a bridge to Q4 where investors begin to tighten their belts to welcome strong final results. Market activity also increased with crypto holders starting to strategize fully so that purchasing power becomes greater.

3. Movement of Various New Projects

Often various projects are presented in the final quarter of each year, ranging from large industries to new regulations welcoming the new year. This is why crypto prices often strengthen in October because there is new hope for the future.

Uptober Contaminated by Iran and Israel Conflict

Iran's attack on Israel in early October shook the investment world, including the crypto ecosystem. When news of the conflict between the two countries heated up, the majority of crypto prices immediately went red, including Solana and XRP.

Uptober is widely doubted by crypto players. Coinglass data shows that more than $351 million was withdrawn from the market in the last 24 hours at the time of the reported Iran attack.

Current Solana and XRP Price Chart

Let's analyze the current prices of XRP and Solana. These two tokens are known to be strengthening, especially XRP which is currently raising its ETF project. However, it can be seen that the price of XRP to USDT is still red.

XRP still seems to respond negatively to existing conflicts. The current price of the token is $0.5300 with a decline of -0.6%. The RSI indicator is in free fall at 36, which means that if it falls again then there is overselling and XRP bearishness will certainly occur.

However, XRP's MACD line is struggling to rise through the boundary line. If XRP can prove its strength, the line can rise and the bearish trend will be broken, replaced by a bullish trend.

SOL to USDT was also the same as XRP, decreasing by a similar percentage, namely -0.5%. Currently, Solana is trading at $143.63, having previously reached its highest price of $144.58 in the last 24 hours.

However, Solana still shows a stable situation. The RSI indicator is still at 46, which means that even though the selling trend is more dominant than the buying trend, there is no excessive selling.

The MACD indicator is below the limit line, but looks like it is trying to return above. Solana still has a possible bullish trend.

Conclusion

That is information about Solana and XRP regarding the Iran and Israel conflict. You have to be more careful in deciding to invest in the crypto ecosystem at times like now. Research must be further deepened.

Bitrue will help you to do detailed research. Real-time price checking is available to you for free and you can even convert prices from USD to XRP, SOL, BTC, ETH, and prices of every other crypto token. That way, you can understand better how to buy SOL, XRP, and other crypto tokens.

Tentang 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

Ahead of Unlocking 524.03 Million Tokens, SOL Price Drops

 

Solana will unlock tokens worth over $81 million in October. However, Solana's price is currently falling. Read the full analysis in this article.

Solana is preparing to unlock tokens with more than 524 million tokens. However, Solana price now it is now decreasing. This situation makes SOL investors ask to be vigilant. The reason is, there are many major tokens that will also unlock tokens in the same month as Solana.

Read the full explanation of the current SOL price conditions complete with technical analysis.

Current Solana Price

The price of Solana to USDT is currently at $148.45 due to a decline of -5.31%. This price looks small not only in the 24 hours that SOL was trading at its highest figure of $157.32, but it is also very down compared to SOL's performance in Q3.

In early August, SOL was at $193, and then in early September, Solana also experienced an increase of up to 25%. This increase rate far exceeds the increase rate for BTC and ETH.

It can be seen from the Solana price chart above, several Solana indicators show unsatisfactory conditions. For example, the RSI indicator is currently at 40. This means that Solana is currently experiencing a selling trend that is greater than the buying trend. If this RSI number falls again, overselling occurs on the SOL token.

Solana's MACD indicator also fell from the cut line with the two lines quite far apart. With these conditions, a bearish trend for SOL tokens is in sight.

Unlock Token SOL di Oktober

The fall in Solana prices accompanies news of preparations to unlock SOL tokens this October. Reportedly, Solana will unlock up to 524.03 million tokens with a value of $81.56 million. This amount represents 0.11% of Solana's existing supply. 

The unlock value of Solana tokens may seem small compared to the total supply, but Solana's market value will be affected. Moreover, in the same month, there will be many main tokens that will also unlock, such as ADA, ENA, SUI, ZETA, DYDX, MAV, SEI, WLD, NEAR, and AVAX. In fact, the token that will be unlocked in the next 7 days in early October is reportedly worth $735 million.

That way, Solana investors of course have to be alert to the price of Solana which could be affected by the token unlock that will be carried out later.

Conclusion

Information regarding the current decline in Solana prices has been explained above. You can do more in-depth research about Solana, starting from the current Solana price conditions, convert SOL to USD, how to buy Solana, to various news about Solana projects that are being or will be carried out only on the Bitrue website.

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

Bitcoin Price Predicted at $70,300, #Uptober Still Positive for BTC?

 

Currently, Bitcoin price is decreasing. However, crypto analysts predict that Bitcoin will experience a short squeeze. How is the explanation? Read this article until the end. 

There is a reason why Bitcoin is called the king of crypto. Not only because BTC was the first token created, but also because over time, Bitcoin price reliable.

Today, Bitcoin is indeed red, just like the majority of other crypto tokens. However, crypto observers predict that Bitcoin will experience a significant increase this October.

Is that true? Let's look at the explanation in this article.

Current State of the Crypto Market

When this article was written on October 8 2024, the crypto market situation was not good. The majority of crypto tokens have experienced price declines, including Bitcoin.

This condition is quite worrying because October should be a month with good news for crypto token holders. However, #Uptober was eliminated when the conflict between Iran and Israel heated up on October 1. This is because the crypto ecosystem is very reactive to conflicts between countries.

At the moment, BTC price is also still experiencing a decline of -2.04%. Bitcoin's price was %62,366, quite a drop compared to its 24-hour high of $64,473.

Trust in Bitcoin Still Very High

Among investors, whatever the investment instrument, there are investment strategies that are believed to provide maximum profits. This strategy is to provide the investment product when the price falls.

This strategy is widely used by crypto token holders. When Bitcoin prices fell recently, many large companies bought up BTC, such as MicroStrategy and Metaplanet from Japan.

This press release has also been published on VRITIMES

XRP Price Drops 4.01% after Unlocking 1 Billion Tokens and Latest News on XRP ETF

There has been a lot of news about XRP these past few days, from Bitwise's XRP ETF application, support from a major Turkish bank, to the unlocking of 1 billion XRP tokens. How does this affect the price of XRP? Here's the explanation.

There is various news about XRP at the moment, starting from the routine token unlock at the beginning of every month, support from large Turkish banks, to updates to the XRP ETF. However, of these three pieces of news that should be encouraging, XRP price decreased.

How could this happen? Is this decline significant enough and could it affect the price of XRP in the future?

XRP News This Week: from Delaware to Dubai

Good news for XRP token holders. The reason is, at the end of last September, the second largest bank in Türkiye officially provided support for XRP. The bank is called Garanti BBVA.

Since this news dropped, various predictions regarding the price of Ripple XRP have occurred. EGRAG, a leading crypto analyst, predicts that the price of XRP could rise up to 10,000% with a possible decline of only 72%.

In addition to support from major Turkish banks, on October 1, Ripple also received principal financial services license approval in Dubai. That way, Ripple can more easily offer crypto payment services in the UAE area.

On the same date, as a routine ritual that XRP usually carries out, a large number of tokens were unlocked. XRP unlocked 1,000,000,000 tokens with a value of more than $560 million.

In terms of the XRP ETF, which has attracted attention since the first news appeared, now there have also been developments. Bitwise has officially stated in the filing of an XRP ETF application in the state of Delaware. This application was leaked to the media when the Delaware State Division of Corporations website listed this application on September 30.

Current XRP Price Chart

With the various good news about XRP above, the price of XRP has decreased. Currently, XRP is trading at $0.6019 with a trade of 4.01%. However, in the last 24 hours, XRP touched its highest price, namely $0.6342.

Further analysis according to the image in the XRP price chart taken from the Bitrue market above, currently the RSI value of

With a greater buying trend, it is only natural that the price of XRP experiences a decline. The MACD indicator also explains things in harmony as the descending line crosses the boundary line. If it goes down further, an XRP bearish trend will occur.

Conclusion

What do you think? Will the Ripple ETF's journey be smoother than the BTC ETF and ETH ETF which are full of twists and turns? And can the XRP price stabilize and then touch the resistance price?

You can get various latest XRP news updates by accessing the Bitrue website. At Bitrue, you can even get access to various features so you can do in-depth research and get further consideration when you want to buy XRP tokens.

You can even check prices XRP to USD on the Bitrue website. That way, you don't need to change websites because Bitrue has many features that you can use for free!

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

How Will Iran's Attack on Israel Impact Bitcoin Prices? Here's the Explanation

  

On October 1, Iran launched an attack on Israel with 180 missiles. The attack caused the majority of crypto token prices to fall. So, what about the price of Bitcoin? Here's the explanation.

Recently, the world has heated up again due to Iran's attack on Israel. This conflict causes various investment instruments to experience price changes. Specifically, gold increased along with rising oil prices due to the conflict in the Middle East. So, what impact will Iran's attack on Israel have on Bitcoin price?

You can see the development of Bitcoin prices after Iran attacks Israel and what the condition of the token price is now in this article. Read the detailed explanation until the end of the article.

Impact of Iran's Attack on Israel on Bitcoin Prices

October has just begun and the world already seems chaotic. This was due to 180 Iranian ballistic and hypersonic missile attacks on Israel on Tuesday, October 1. Just after this attack, the crypto ecosystem immediately reacted. Almost all crypto tokens are colored “red” in response to tensions between the two countries.

This price decline was also experienced by BTC. Bitcoin prices fell quite drastically with a percentage decline in the range of 2-3%. In fact, on September 30 Bitcoin touched $65,000 after experiencing a long decline.

It is reported that BTC will also experience an increase in October after feeling it in September. However, due to the Iran-Israel conflict, these hopes were dashed.

Bitcoin and Its Response to World Conflict

Bitcoin does have an unfavorable trend in its response to world conflicts. Bitcoin tends to experience a decline when conflicts between countries arise.

As during the conflict between Russia and Ukraine in 2022, Bitcoin even experienced a decline of up to 7.9% and the price plunged below $35,000. Bitcoin even had a negative impact during the geopolitical conflict between the United States and China in 2018 and 2020.

However, Bitcoin once gave a positive response, namely when North Korea conducted a nuclear test in 2017. At that time, the price of Bitcoin soared with a continuous upward trend.

Current Bitcoin Price Chart

At the moment, harga BTC to USDT indeed experienced an increase of 1.16%. Although the price is still below $63,000, the increase is quite encouraging. The BTC token RSI indicator shows a number above 50, which means that currently, the buying trend is slightly dominating over the selling trend.

The positive Bitcoin RSI number is also reflected in the MACD line. It can be seen that the BTC MACD indicator is trying to rise above its limit line. This means that if the line continues to hold and is sustainable in its increase, a BTC bullish trend will occur and the price of Bitcoin will experience a sustainable increase.

Conclusion

The explanation of the impact of Iran's attack on Israel on Bitcoin prices has reached its end. Even though it is enough to make the majority of investors worry and temporarily switch to traditional investment instruments, Bitcoin's price is showing its strength again.

It is best to watch out for the high volatility of crypto tokens both positively and negatively. This is why we must conduct in-depth research when investing in the crypto ecosystem.

If you are currently doing independent research on Bitcoin to find out what its current condition is, Bitrue can help you. Bitrue has various features that you can use for independent research, starting from checking prices in real-time, finding out price conversions from BTC to USD, to articles that you can check to find out about current developments in crypto trends.

That way, you will understand about how to buy Bitcoin overall. Also, adjust your financial capabilities in determining how you invest in BTC and other crypto tokens.

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

A Celebration of Community and Creativity at Canon PhotoMarathon 2024

  

The event attracted over 500 participants from all walks of life.

Canon Singapore Pte. Ltd. (Canon Singapore) announced the successful return of its iconic Canon PhotoMarathon as it welcomed over 500 photography enthusiasts at the event, held at Fountain Square @ Clarke Quay.

This year’s theme, “Every Lens, Every Age”, celebrated the diversity and creativity of the participants who captured Singapore’s beauty with their own unique perspectives. With two-hour submission windows assigned to each theme, the competition offered a dynamic and challenging experience, pushing photographers to think on their feet and produce one-of-a-kind visual stories. The three themes under both Open and Student Categories were Harmony, Clarity, and Wonder/Wander.

“It is exciting to see Canon PhotoMarathon back in action, and the creativity on display today is truly remarkable. We hope that this experience has given the participants memories that will last a lifetime. Our heartfelt thanks go to all participants, sponsors, and supporters for making this event a resounding success,” says Mr. Andrew Koh, Vice President and Head of Singapore Operations Group, Canon Singapore.

Empowering Photographers with Equal Opportunities

Canon proudly continues its long-standing partnership with APSN, a social service agency dedicated to providing special education, vocational training, and employment support for individuals with mild intellectual disabilities, at this year’s Canon PhotoMarathon 2024. In an exciting first, APSN beneficiaries participated in the student category, showcasing their eagerness to test and refine their photography skills. For Theme 1, ‘Harmony’, APSN Katong School student Zul Nuriman emerged as the winner of the second prize.

Since 2006, Canon has collaborated with APSN to foster equal opportunities for aspiring photographers. This partnership has included the provision of camera and lens equipment, the organisation of photo outings with staff volunteers, and photography workshops designed to boost confidence and spark creativity among APSN students. Through this meaningful collaboration, Canon seeks to unite individuals through photography — a universal art form that knows no boundaries.

Check out the full press release and all the winning entries here, each telling a unique visual story.

For more details on Canon PhotoMarathon 2024, please visit the Canon PhotoMarathon website, Facebook, and Instagram.

-END-

About Canon Singapore Pte. Ltd.

Canon is a global leader in photographic and digital imaging solutions. Canon Singapore Pte. Ltd. is the headquarters for South & Southeast Asia driving sales, marketing and service strategies.

Besides handling the domestic market, the company covers 22 other countries and regions including subsidiaries in India, Malaysia, Thailand and Vietnam. The parent company Canon Inc. has a global network of more than 300 companies and employs about 169,000 people worldwide. Canon is guided by its kyosei philosophy that focuses on living and working together for the common good.

More information is available at https://sg.canon.

This Press Release has also been published on VRITIMES

Companies, Stop Aiming for a Complaint-free Record

 

Your customers' complaints could be the goldmine you’re overlooking.

“We want zero complaints,” says every company in the world. But what if complaints are the secret competitive advantage your business needs?

"Complaints offer an intimate way of understanding your business through the eyes of your customers," Dr. Janelle Barlow, President of All Out Performance and author of A Complaint is a Gift, said during her talk, Turning Critics into Advocates hosted by Management Strategies on September 23, 2024, at Discovery Primea, Makati. The event explored a radical idea: complaints can be your greatest source of insight and revenue, if only companies dared to listen.

And listen they did. Senior management who attended the event came from private foundations, telecommunications, finance, real estate and hospitality industries.

Silence is worse

If complaints aren’t bad news for companies, why don’t more customers speak up?

Many don’t think anything will get done, or the situation could worsen further. Dr. Barlow shared an anecdote about people being afraid to complain to their doctors, worrying that voicing their concerns might lead to worse treatment.

The same logic applies in business: silence from customers can be far more dangerous than complaints. These are the customers who simply walk away–the 50% you’ll never see again.

But, here's the twist: 60-70% of customers who have their complaints resolved satisfactorily go on to buy five times more than they initially would have.

"If you solve their concerns instead of over-apologizing, they’ll actually come back to repurchase five times more,” Dr. Barlow said. “This is the power of complaint handling in the language of revenue and results.”

Everyone owns the complaint

Only 1 in 10,000 written complaints ever make their way to senior management. In the US, companies are losing 1 trillion dollars due to poor complaint handling.  

Dr. Barlow emphasized the need to break down silos. Businesses must instead foster a culture where everyone feels responsible for addressing customer concerns.  

Too often, companies are laser-focused on acquiring new customers, missing the retention goldmine. 

Retaining existing customers is significantly cheaper than attracting new ones. And the rewards are exponential. A small increase in retention can lead to a dramatic uptick in profits.

“Most companies spend half of their revenue attracting new customers,” Dr. Barlow revealed. “But retaining even just 5% of your customers can lead to up to 95% profit increase.”

Turning critics into advocates

So what can businesses do in face of complaints? Dr. Barlow suggests three power tools that will turn even the worst critics into staunch advocates.

First, widen your customers’ tolerance zone. “When customers feel understood and valued, they are far more forgiving,” Dr. Barlow explained. A little friendliness and empathy go a long way in easing tensions and getting customers on your side. Instead of reacting defensively, aim to create an environment where your customers feel heard. 

Next, speed. “Above all, what customers want from service is responsiveness,” Dr. Barlow emphasized. Quick resolutions show that you value their time and concerns. When you act swiftly, you not only diffuse anger but also demonstrate your company’s commitment to resolving problems. 

Big data can speed up resolution. “Access to every data point can address the root cause of customer complaints and understand them beyond face value.”

Finally, fairness is more important than you realize. Customers aren’t just looking for their problem to be solved—they want it handled fairly. When your solution feels balanced and just, customers are more likely to leave with a positive impression, even if things didn’t start off smoothly. 

Behind every complaint is a gift. The question is: Are you ready to unwrap it?

About MANAGEMENT STRATEGIES

Management Strategies is a global consulting firm specializing in culture building and organizational transformation.

Today, with over 50 passionate consultants and coaches worldwide, the company continues to focus on bringing out the best in people and activating their purpose and strengths. For more information on the company and their services, visit their website at www.mgtstrat-asia.com

This press release has also been published on VRITIMES