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Expert Predictions: 4 Cryptos Primed for Significant Upside

Blockchain Digest

ONDO, Rebel Satoshi ($RECQ ), Ethena (ENA), and Optimism (OP) are gaining traction as the four most lucrative crypto investments in the current market space. Let’s take a more detailed look at the facts and analyze how high these tokens could reach over the next crypto bull run! Experts Rank ONDO Among the Best Altcoins to Buy Now Analysts point out that the opening of the ONDO-PERP market on the Coinbase International Exchange enabled ONDO to reach a new record high of $1.32 on May 26. Furthermore, ONDO bulls are convinced that the token will manage to sustain its positive momentum and increase toward the $1.50 threshold in the following months. Experts single out ONDO’s significant surges in terms of its Total Value Locked (TVL) as another reason for this optimistic ONDO price prediction. Thus, ONDO is gaining traction as one of the best altcoins to buy before the next crypto bull run. On the other hand, some analysts expect pronounced drops in ONDO’s imminent market performance based on the token’s inability to provide valuable short-term returns. According to ONDO bears, holders can expect corrections toward the $0.80 mark by the end of the year. Traders Recognize $RECQ as a Formidable Force in the Crypto Meme Market Rebel Satoshi is a new meme coin project aiming to reshape the crypto landscape through its dedication to the decentralized revolution. On top of that, Rebel Satoshi users receive excellent rewards by contributing to the development of the platform’s vibrant two-token ecosystem. $RBLZ offers excellent real-world utility as Rebel Satoshi’s governance and membership token. Furthermore, the token raised over $2.5 million during the presale phase and is currently selling for $0.025 on the Uniswap DEX. Moreover, $RBLZ holders expect continued rallies in the forthcoming weeks, as the token’s current price marks a noteworthy 150% increase from the starting $0.010. Meanwhile, Rebel Satoshi’s second token, $RECQ, is at Stage 2 of the presale, available for only $0.0044. Thus, Stage 2 investors can expect 25% gains as early as the next presale stage and a remarkable 184% gain when $RECQ reaches its launch price of $0.0125. $RECQ serves as Rebel Satoshi ’s base currency for everyday transactions such as purchases, rewards, and fees. Furthermore, the powerful $RECQ token also provides access to Rebel Satoshi’s advanced buyback program and the numerous play-to-earn games in the fun-filled Rebel Satoshi Arcade. Make sure to chip in today, as $RECQ is set to continue its upward trend over the next crypto bull run! Ethena Emerges as One of the Top Altcoins to Buy in 2024 Ethena bulls suggest ENA as one of the top altcoins to buy now based on its excellent performance since its launch on April 2, 2024. While ENA recorded its all-time high of $1.51 on April 11, experts believe that Ethena could surpass the $1.70 price mark during the next crypto bull run. ENA traded at around $0.90 during the second half of May, meaning Ethena could increase by a remarkable 88.88%. Moreover, analysts point to Ethena’s various strategic partnerships as another important factor behind this bullish ENA price forecast. For example, Infinex announced its integration with Ethena Labs via an X post on May 28. However, Ethena bears warn that ENA’s failure to consolidate above the $1 threshold could announce the beginning of a lengthy downward trend. In the worst-case scenario, ENA could decrease by the year's close toward the $0.50 mark. Optimism Crypto Price Prediction: Could OP Surge To $3.60? Optimism enthusiasts believe that the next crypto bull run could help the OP token approach the $3.60 price level. OP traded around the $2.50 range during the final week of May, meaning OP investors could receive more than 44% gains. This bullish OP crypto price prediction is based on several factors, such as Optimism’s reputation as one of the leading L-2 scaling solutions. On the other hand, some experts have evaluated OP as a risky investment for the following term, as several Optimism whales have started to dump their OP holdings. Thus, Optimism bears claim that holders should expect corrections below the $2.20 range amid Optimism’s imminent price movements. Top market experts single out ONDO, ENA, OP, and $RECQ as the most rewarding options for the next crypto bull run, so don’t hesitate to join Rebel Satoshi’s mighty army of Recusants! For the latest updates and more information, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram Contact Details Rebel Satoshi Rebel Red marketing@rebelsatoshi.com

June 03, 2024 02:50 PM Eastern Daylight Time

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XLB ETF: It’s Relevance to Increased Construction Activity

Select Sector SPDR

The United States has recently seen a resurgence in the construction industry. Investors aiming to benefit from this rise in construction activity may want to explore an exchange-traded fund (ETF), the Materials Select Sector SPDR Fund ( XLB ), which offers a snapshot of this bustling sector. As of the latest reports, the XLB ETF's strategic holdings reflect its commitment to offering diverse exposure within this thriving industry. Key Holdings Within XLB* XLB encompasses a diverse portfolio of businesses operating in different domains, including chemicals, construction materials, packaging and containers, metals and mining, along with paper and forest products. There are currently 28 companies in the portfolio. Leading the pack we have Linde PLC, a global leader in industrial gasses and engineering, at 21.45%. It is followed by Freeport-McMoRan Incorporated, a leading mining company, holding 7.19% of XLB. Next we have Sherwin-Williams, which is renowned for their excellence in paints, coatings, and related products, at 7.08%. Following is Ecolab, a prominent player in the industrial sector, making a significant contribution to XLB at 5.76%. Finally, there is Air Products and Chemicals, another key player in industrial gasses and related equipment, with 5.27%. This extensive coverage offers investors the opportunity to tap into numerous facets of the materials sector, proving advantageous during phases of economic expansion or heightened infrastructure investment. As the construction industry continues forward, XLB, with its 0.09% expense ratio**, remains well-positioned. Increasing Demand for Building Materials The steady demand for building materials has been a key factor in the growing relevance of XLB. As we continue to navigate the post-COVID-19 era, construction activities are on a significant rise, creating a surge in the need for raw materials. Furthermore, the increasing focus on infrastructure development is adding fuel to this rising demand. The recent passage of the infrastructure bill opens up avenues for substantial investments in diverse fields such as transportation, broadband, and clean energy, thereby making XLB a potentially attractive investment option. The Materials Select Sector SPDR Fund ( XLB ) provides diversified exposure to the thriving materials sector. With its current demand driven by ongoing construction projects and potential infrastructure expenditure, XLB emerges as a compelling choice for investors seeking to tap into these trends. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. *Holdings, Weightings & Assets as of 4/30/24 subject to change **Ordinary brokerage fees apply DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and non-diversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL007537 EXP 7/31/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

June 03, 2024 02:25 PM Eastern Daylight Time

Game ON for Pakistan: Historic Talent Gathering for Game Developers, Animators, and Designers in Islamabad!

IDRAK AI

Islamabad, Pakistan – June 3, 2024 - ( ThriveNewsWire ) - Gaming industry in Pakistan has been on rise for last couple of years. Recently, number of major international investments in Pakistani Gaming tech sector have attracted attention of global tech players. The rising industry has experienced number of acquisitions of local talent in recent past. In this regard, the vibrant heart of Islamabad witnessed a landmark event as over 150 game developers, animators, and designers gathered for an unprecedented meetup. Hosted at the offices of IDRAK AI (Pakistan’s first award-winning AI company) and Design Peeps (a globally recognized leader in digital product design), the evening marked a pivotal moment for Pakistan’s gaming and animation industry. This historic event, organized by IDRAK AI and Design Peeps in collaboration with Arab Play, Miradore, Section Soft, Huawei, and Moonshot Animations, epitomized the spirit of innovation and partnership. Supported by P@SHA, IGI, and Maida Co., the meetup showcased the strength and diversity of Pakistan’s burgeoning creative and technological sectors. Throughout the evening, industry leaders shared profound insights into the current landscape and future prospects of game and animation development in Pakistan, facilitating a dynamic exchange of ideas and expertise. The event also witnessed the signing of three Memorandums of Understanding (MoUs) and two significant contracts, setting the stage for future collaborations in gaming, animation, mobile app development, and event management. These agreements are poised to propel the industry forward, targeting both local and Saudi market business segments. “We are elated by the extraordinary turnout and the enthusiasm from all sectors—government, academia, industry, and students alike,” said Sheikh Abdul Qadir, MD of IDRAK AI, and Usman Fiaz, CEO of Design Peeps, the visionary organizers behind the event, “This gathering is a testament to the immense potential and talent within Pakistan’s gaming industry. It’s truly Game ON for Pakistan.” The event was a celebration of the thriving community of game developers, animators, and designers. Attendees reveled in the vibrant atmosphere of Islamabad’s beautiful evening, engaging in discussions that spanned the latest technological innovations and the artistic nuances of game creation. The gaming industry in Pakistan, now valued at over half a billion dollar, demonstrated its significant growth and vast potential. This event stands as a milestone, heralding future growth and collaboration within the gaming and animation sectors. It created a crucial platform for stakeholders to unite, share knowledge, and drive the industry towards unprecedented heights. As Pakistan continues to make waves in the global gaming and animation markets, such events will be instrumental in fostering a robust and innovative ecosystem. Media Contact Bilal Wasti bilal@designpeeps.net For Further Information: - IDRAK AI: https://www.linkedin.com/company/idrakailtd/ - Design Peeps: https://www.linkedin.com/company/designpeeps/ Contact Details Design Peeps Bilal Wasti bilal@designpeeps.net Company Website https://idrakai.com/

June 03, 2024 12:27 PM Eastern Daylight Time

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Shareholder Proposal Seeks Reevaluation of Exec. Incentives for EVs at GM

NLPC

On June 4, National Legal and Policy Center will present a shareholder proposal at the General Motors Company advocating for GM’s board of directors to reevaluate the electric vehicle expansion targets included in its executive compensation packages. The proposal, identified as Item No. 5 on the 2024 proxy ballot, argues that GM’s focus on electric vehicles is misaligned with both the market demand for EVs and the economic realities the company faces. Last month NLPC filed a proxy memo with the Securities and Exchange Commission that explains its rationale for the proposal. GM, like many in energy-intensive sectors, has increasingly aligned its corporate strategies with a poorly substantiated, government-subsidized, and corporate media-amplified “scientific consensus” that carbon emissions will result in catastrophic effects to the planet, and to humans. These scenarios are increasingly unlikely, yet the corporate media continues to portray them as the default. Supposedly, this climate crisis can only be averted if governments and consumers adopt environmentally friendly technology, such as electric vehicles, en masse. However, electric vehicles aren’t good for the environment. Even with government subsidies, they’re expensive and unprofitable. Further, consumers don’t want to make the switch. Luke Perlot, Associate Director of NLPC's Corporate Integrity Project, stated, “Our proposal encourages a reassessment of GM’s current executive compensation incentives, which overly prioritize electric vehicle production without adequate consideration of the associated economic, environmental, and ethical risks. Instead, the company should remove these incentives and give its executive team the opportunity to pursue growth strategies without political bias.” Key Details of the Proposal: Misalignment with Market Realities: Despite substantial investments and executive incentives, the anticipated demand for EVs has not materialized at the projected scale. An open letter to President Biden signed by over 5,000 auto dealerships warned of lack of demand for EVs. Economic Viability and Subsidy Dependence: GM's profitability in the EV sector is heavily reliant on government subsidies, which are subject to political changes and could be repealed as early as 2025. Without these subsidies, the division’s path to achieving positive pre-tax earnings, currently projected for no sooner than 2025, appears increasingly precarious. Environmental and Ethical Challenges: The extraction and processing of rare-earth elements, crucial for these batteries, are predominantly concentrated in regions with poor environmental and labor standards. This not only leads to severe ecological damage, but also involves significant human rights abuses, including forced labor. Further, these elements are primarily processed in China, a geopolitical adversary of the United States. “Consumers still want internal combustion engine vehicles,” Perlot added, “and GM’s competitors are making substantial investments to meet their demand. The company cannot afford to be left behind because of misguided incentives.” Founded in 1991, the National Legal and Policy Center promotes ethics in public life through research, investigation, education and legal action. Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 drene@nlpc.org Company Website http://www.nlpc.org

June 03, 2024 11:45 AM Eastern Daylight Time

Comcast Partners with Jaime Mendez News to Serve Hispanic Community in Seattle

Comcast Pacific Northwest

Comcast today announced a partnership with Se Habla Media to support and expand its Jaime Mendez News Spanish-language newscast to the more than 60,000 members of the Hispanic community in Seattle. The partnership includes a grant to support operations and technology along with a regular spot on Comcast’s Xfinity TV Channel 79 to air its broadcasts. “When Sinclair Broadcasting group let go of its Univison affiliate at the end of 2023, the only local Spanish newscast on TV in our area also disappeared,” said Diana Oliveros, co-founder of Se Habla Media. “This sudden lack of a newscast posed yet another barrier to important information for many Hispanics. So, we decided to create our own local media outlet.” Se Habla Media was born out of Oliveros’ and Jaime Mendez’s desire to fill the void left by the disappearance of Univision. The two decided that creating their own media outlet was the best and likely only solution to avoid the disappearance of local Spanish-language news. They also realized that they didn’t have time to waste. In roughly three months they created Se Habla Media and launched on Jan. 1, 2024. It was a labor of love in more ways than one—Oliveros and Mendez are married and live in the home that has also become their studio. "Our collaboration with Jaime and Diana aligns seamlessly with Comcast's mission to support our communities, advance digital equity, and help small businesses succeed," said Rodrigo Lopez, Senior Vice President of Comcast Pacific Northwest Region. "By supporting Se Habla Media, a news outlet created by Latinos for Latinos, we are helping to keep our Spanish-language community informed about local events and raise awareness of important local issues." Before the partnership with Comcast, Jaime Mendez News, the newscast produced by Se Habla Media, was limited to online broadcasts. Even without a lot of marketing or a TV cable channel, it was able to build a critical mass of more than 120,000 followers. Additionally, the outlet has reached more than a million viewers across Facebook, Instagram and YouTube. Most of the Se Habla Media’s online audience lives in the Puget Sound area, but it also has followers in Central and Eastern Washington, California and Mexico. The addition of a TV cable channel and the support of Comcast will help expand its reach and audience. “There is a huge technological gap for some members of the Hispanic community,” said Oliveros. “It is often taken for granted that anyone has access to internet connection and social media, but the truth is that TV is still an important, and sometimes the only source of information for some people. These are the people that tend to be some of the most vulnerable.” Mendez was the news anchor for the now closed Seattle Univision broadcast. He has been a pioneer in Hispanic media for the last 25 years. Oliveros is a career diplomat specializing in community outreach and local economic development. During her six years in Seattle, she acted as Consul for Community Outreach at the Consulate of Mexico in Seattle, leading the efforts of collaborating with the Mexican migrant community in Washington and Alaska, to provide health, education and financial literacy programs. Her position created a deeper and better understanding of the needs and culture of the local and regional Spanish speaking community. The financial support from Comcast will also aid in paying for freelance reporters to develop news stories. In the future, Mendez wants to provide more daily news and add a sports show with specialized segments. “We feel glad to see that other stakeholders, like Comcast, see the value of what we are doing and commit to strengthen projects like ours,” said Mendez. “The partnership with Comcast helps us bring reliable information to more people and gives us the exposure we need to raise awareness about the need in the Hispanic community.” Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Contact Details Comcast Andy Colley andy_colley@comcast.com Company Website https://washington.comcast.com/

June 03, 2024 08:00 AM Pacific Daylight Time

UFC and Aires Tech Inc. Join Forces to Reach a Global Audience of 700 Million Fans

AAIRF, EDR, TKO

In a world increasingly reliant on technology, concerns about electromagnetic radiation (EMR) have led to a surge in demand for innovative solutions. American Aires Inc. (CSE: WIFI) (OTCQB: AAIRF) has been making significant strides in the tech industry with its cutting-edge approach to electromagnetic radiation (EMF) protection. The US market for EMF protection is estimated to be worth $5 billion, representing only a small portion of the even larger global opportunity. With the announcement of a multi-year global marketing partnership with UFC last week, now could be the time to take a look at AAIRF. The UFC Collaboration: AAIRF's visibility will increase significantly as a result of the partnership with UFC, the top mixed martial arts organization and a division of TKO Group Holdings (NYSE:TKO), which Endeavor Group Holdings, Inc. (NYSE: EDR) owns a majority stake in. With UFC’s reach extending to over 700 million fans in 170 countries and approximately 975 million households, this collaboration is poised to place Aires Tech in front of a massive global audience. The integration of Aires branding within UFC’s major events, including pay-per-view broadcasts and other media, will provide unparalleled reach. Grant Norris-Jones, Head of Global Partnerships at TKO, highlighted the synergy between the two brands: “Aires aligns well with our brand in several respects, including their focus on innovation and being a first mover in their industry.” Josh Bruni, CEO of Aires, emphasized the benefits of the partnership: “This collaboration not only amplifies our global reach but also connects us with UFC's dedicated audience, who value peak performance and personal well-being.” The partnership was activated at UFC 302: Makhachev vs. Poirier on June 1, 2024, marking a significant milestone in Aires' journey to become a global leader in EMF protection technology. The company hopes that this collaboration is expected to drive brand awareness and sales growth, solidifying Aires’ position as a leader in the market. Innovative Technology: The exclusive silicon-based resonator technology from Aires is intended to block dangerous electromagnetic radiation (EMR) released by consumer electronics. This innovation is embodied in their Lifetune products, which target EMR from cellphones, computers, baby monitors, Wi-Fi, and high-speed 5G networks. With over 20 years and $20 million invested in research and development, Aires has positioned itself as a pioneer in the field of EMR protection. The company's products appeal to a wide range of customers, including biohackers, athletes, individuals concerned with fertility, and those seeking better sleep. Aires operates a direct-to-consumer sales model with fulfillment centers in the USA, Canada, Australia, and the EU, and has recently established a new center in the UK to support its global expansion efforts. Financial Strength and Growth Trajectory: American Aires Inc. has demonstrated robust financial performance, with gross margins averaging around 60%. This is comparable to top technology companies like Nvidia and Apple, which boast gross margins of 75% and 45%, respectively. The company achieved positive EBITDA (adjusted) in its most recent quarter, underscoring its strong financial health. In fiscal year 2023, Aires reported a record annual order volume of $10.4 million, a 79% increase year-over-year. The company's direct-to-consumer business now ships products to over 60 countries, with significant growth observed in Australia and the EU. In Q1 2024, Aires reported a 37% year-over-year increase in sales, despite typical Q1 consumer spending weaknesses. The company's cash balance also saw a substantial improvement, increasing from $0.03 million in Q4 2023 to $2.3 million in Q1 2024, bolstered by successful financings in February and May 2024. CEO Josh Bruni stated, “Now that Q1 and our heavy lifting on the IR front are behind us, we're refocusing our efforts on deploying the capital we raised across three major fronts: forging prominent new marketing partnerships, building universal brand awareness, and expanding internationally. In other words, continuing to do what's enabled our multi-year trajectory of significant revenue growth so we can make 2024 our best year ever.” Disclaimers: RazorPitch Inc. "RazorPitch" is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. RazorPitch has been retained and compensated by Clarkham Capital to assist in the production and distribution of content related to AAIRF/WIFI. RazorPitch is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by RazorPitch or any third party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. RazorPitch is not a fiduciary by virtue of any persons use of or access to this content. Contact Details RazorPitch Inc. Mark McKelvie +1 585-301-7700 Mark@razorPitch.com Company Website http://razorpitch.com

June 03, 2024 06:00 AM Eastern Daylight Time

Tron and Ethereum Lose Momentum, Raboo Set To Surge 10x in June

Total Media

Although the crypto market is generally bullish, popular tokens like Tron and Ethereum are not performing as expected. Tron's protracted legal battles with the SEC and the delay in the official trading of the Ethereum ETF have been identified as probable causes. Meanwhile, investors remain confident in the revolutionary memetoken Raboo (RABT), which is currently gaining momentum in its presale, with over $1.5 million worth of the token sold already. Also, with a potential to surge by 10x in June, Raboo is rapidly becoming one of the best cryptos to invest in this year. Tron’s legal battles slow down momentum after price slump Tron continues to face significant legal challenges from the United States Securities and Exchange Commission (SEC). The SEC lawsuit against Tron, which has slowed down its market activity, alleges that Tron's TRX token is a security. The SEC further claimed that the sales of these tokens were not legal since they are unregistered securities offerings. Tron has firmly disputed these claims, stating that the SEC's allegations are "tenuous at best." Furthermore, Tron claims that the SEC is not a "worldwide regulator" and that its attempt to apply U.S. securities laws to "predominantly foreign conduct" goes "too far." This stance is consistent with the firm's headquarters being in Singapore. The ongoing legal challenges have impacted Tron's momentum given that Tron has been down by more than 6% for a month. Crypto analysts have identified its ongoing legal battles as the root of this decline, given that investors have become increasingly cautious about investing in Tron’s platform with the ongoing regulatory issues. Ethereum’s ETF trading delay slows price growth Ethereum's recent rally has fizzled out, indicating a loss of momentum even though backers of the project continue to affirm that it is still one of the best crypto to invest in this year. The token is expected to witness increased trading activity due to the approval of spot Ethereum exchange-traded funds (ETFs) by the United States Securities and Exchange Commission (SEC), however, the ETFs are yet to commence trading officially as investors await the respective Form S-1 approval for each fund. This development has led crypto analysts to speculate that the uncertainty that accompanies such inactive moments could spell trouble for Ethereum's price, particularly given the high futures open interest that rose to its highest level ever on May 28. The recent approval of 19b-4s forms issued by the Ethereum ETF issuers does not mean that trading in Ethereum ETFs has begun. The S-1 forms, which include detailed financial and risk information, are yet to be approved by the SEC and could take weeks. This delay in trading has contributed to the lack of market activity which has slowed down growth and has led crypto analysts to believe that Ethereum would continue to lose momentum in the meantime. Raboo tipped to 10X in June as AI meme coin surges on massive adoption Raboo, the new AI meme coin, is expected to surge 10x in June, according to analysts. This prediction is based on the token's unique social-fi model, which allows holders to earn extra tokens by competing in challenges and giveaways. Crypto enthusiasts also stand the chance to earn returns by engaging the platform. Raboo's integration of AI technology continues to drive its growth, positioning it as one of the best altcoins to buy in 2024. While massive purchase of its presale token that has now exceeded the $1.5 million mark is projected to inspire a 10x surge in June, crypto analysts have also predicted that Raboo's price will grow 233% during the presale and 100x on launch day. This rapid growth is attributed to the token's innovative features that are designed to attract memecoin enthusiasts. Raboo's surge in June is expected to be 10x after being tipped as the best altcoin to buy in 2024. Raboo is well-positioned to become one of the best altcoins in the industry as more crypto enthusiasts join the platform, increasing its strong community while its innovative features continue to captivate investors. Investors looking for a high-growth opportunity should consider Raboo, which is expected to 100x this year. Conclusion Tron and Ethereum continue to face challenges amidst ongoing lawsuits and reduced trading activity that has inspired a loss of momentum for both tokens. Meanwhile, Raboo, an innovative memecoin that has been tipped as the best crypto to buy in 2024, continues to attract more investors after record surge positioning it for massive returns in June and lucrative returns for investors upon launch. You can participate in the Raboo presale here Telegram: https://t.me/RabootokenPortal Twitter: https://twitter.com/Raboo_Official Contact Details Total Media Solutions media@Totalsolutionspr.io

June 02, 2024 02:13 PM Eastern Daylight Time

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HTX Ventures Invests in Babylon to Advance Trustless Bitcoin Staking

HTX Ventures

Singapore / May 31, 2024 – HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced a strategic investment in Babylon, a Bitcoin staking protocol. This investment underlines HTX Ventures’ commitment to fostering innovation and supporting groundbreaking technologies in the blockchain and cryptocurrency sectors. Babylon builds infrastructure that allows proof-of-stake systems to obtain staking capital from Bitcoin. The platform uses modular design and slashing functionality to let stake-base systems, such as blockchains, Layer 2s, DA layers and oracles, and incorporates Bitcoin as a staking and restaking asset. "HTX Ventures is excited to support Babylon's pioneering efforts in harnessing Bitcoin for decentralized security," said Edward, Managing Partner of HTX Ventures. "Babylon’s trustless design unlocks new possibilities for Bitcoin, transforming its utility and paving the way for innovative Bitcoin-native applications. We believe Babylon will play a crucial role in advancing the blockchain ecosystem, and are proud to be a part of this transformative journey." "This funding will accelerate our mission to make Bitcoin the security backbone of PoS systems," Babylon co-founder David Tse said in a statement. "Our team is dedicated to advancing the utility of Bitcoin beyond its traditional roles and enhancing the security of the entire blockchain ecosystem." Babylon recently raised $70 million in a funding round led by the venture firm Paradigm. In February 2024, Babylon launched the world’s first trustless Bitcoin staking testnet, attracting over 100,000 stakers within 48 hours. This remarkable response highlights the platform’s potential to transform Bitcoin into the security backbone of PoS systems. This achievement underscores Babylon’s technical expertise and commitment to fostering a secure, decentralized economy. About HTX Ventures HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice. HTX Ventures currently backs over 200 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most active Fund of Funds (FOF) investors, HTX Ventures collaboratively forges the blockchain ecosystem alongside premier global blockchain funds, including IVC, Shima, and Animoca. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/en-us/ventures About HTX Ventures HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice. HTX Ventures presently backs over 200 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most vigorous Fund of Funds (FOF) investors, HTX Ventures collaboratively forges the blockchain ecosystem alongside premier global blockchain funds, including IVC, Shima, and Animoca. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/en-us/ventures

May 31, 2024 10:58 PM Eastern Daylight Time

Dads and Grads Gift Ideas

News Media Group, Inc.

Contact Details News Media Group Jennifer Rivera +1 954-667-9647 jrivera@newsmg.com Company Website https://newsmg.com/

May 30, 2024 03:07 PM Eastern Daylight Time

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