News Hub | News Direct

Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
Article thumbnail News Release

HTX Hosts Dubai Whale Night: Building an Open and Interconnected Web3 Ecosystem

HTX

Dubai, the world's second-largest crypto hub, is rolling out the welcome mat for the world’s top names in cryptocurrency with major blockchain events taking place despite the weather. Amongst them, HTX Dubai Whale Night was hosted on April 18 by HTX in partnership with HTX DAO and sponsored by DeepLink, a decentralized AI cloud gaming protocol. This well-attended event boasted the theme of "Innovators Unite, Pioneering the Frontier." Leveraging a prominent presence in Dubai, this decade-long, world-leading exchange is dedicated to driving continuous progress and prosperity in the cryptocurrency industry as a prominent industry leader. Notable attendees include H.E. Justin Sun, a member of the HTX Global Advisory Board, Edward, HTX Ventures Managing Partner, and Park JiHye, DeepLink CSO, who each delivered a speech on the development of the cryptocurrency industry. Through a video, Sun extended a warm welcome to guests and emphasized the importance of collaboration among developers, project teams, and the crypto communities for building a more open and interconnected Web3 ecosystem. Edward showcased their successful investments in public chains, Layer2 solutions, the EVM ecosystem, SocialFi, and Web3 ventures. Future investments will focus on cutting-edge technologies like BTC Layer2, AI integration within Web3, Fully Homomorphic Encryption (FHE), and Chain Abstraction. HTX Ventures welcomes more partnerships with top leading projects and funds to propel Web3's growth. Park JiHye expressed optimism about the potential of DePIN and Web3. Their collaboration with HTX aims to accelerate the development and adoption of blockchain solutions within the gaming industry. It is noteworthy that HTX has organized a series of recent events in Dubai to establish partnerships with top industry ecosystems, project teams, media outlets, and blockchain communities. These events include Core's Bitcoin Social Afterparty, co-hosted by Core Foundation and HTX Ventures, as well as exclusive meetups with key market makers. This move demonstrates HTX's branding strategy of expanding globally while striving for balanced growth and underscores its determination to lead industry innovation. Moving forward, HTX aims to collaborate with more prominent industry players to explore innovative approaches and cooperation models, promoting wider global adoption and recognition of cryptocurrencies. By doing so, they aspire to contribute to the continuous development and optimization of the Web3 ecosystem, fostering overall industry prosperity. Its commitment to fostering Web3 ecosystem growth will contribute to the overall prosperity of the cryptocurrency landscape. About HTX Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

April 22, 2024 06:56 AM Eastern Daylight Time

Image
Article thumbnail News Release

Capturing Consumer Spending on Health Care with XLV

Select Sector SPDR

With consumer spending on health care continuing to increase, the Health Care Select Sector SPDR Fund ( XLV ) provides an opportunity for investors to leverage this trend. XLV tracks health care stocks within the S&P 500 Index, offering broad exposure to core companies in the U.S. healthcare sector. The fund's top holdings* are comprised of market leaders across several sub-sectors of healthcare including companies such as Eli LIlly & Co (11.34%), Unitedhealth Group (8.36%), Johnson & Johnson (6.96%), Merck & Co (6.11%), AbbVie Inc. (5.87%), Thermo Fisher Scientific (4.10%), Abbott Laboratories (3.61%), Danaher Corp (3.00%), Pfizer (2.86%), and Amgen (2.78%). Growth Drivers in the Healthcare Sector As the health care sector continues to grow, these companies are well-positioned to benefit from increased consumer spending. The growth history in this sector has been driven by several factors, including a rise in chronic diseases, an aging population, and advancing medical technology. Total spending on health care rose from 16% of GDP in 2007 to an estimated 18% in 2023. Simultaneously, the total GDP has risen nearly 70% in that time, from 14.47 trillion in 2007 to 25.5 trillion in 2022. Investing in XLV offers a diversified way to capture steady consumer spending on health care. By investing in the health care market in a broad way, the ups and downs of a particular big name in the sector are mitigated by the exposure to other healthcare companies. 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 3/31/24 subject to change 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 nondiversification 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. SEL007449 EXP 5/31/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

April 22, 2024 05:00 AM Eastern Daylight Time

Article thumbnail News Release

The Bitcoin Halving Complete! Investors are Lining Up to Buy Bitcoin, Ethereum, and New Crypto Raboo

Total Media

The Bitcoin halving was the recent trending crypto market news, which was concluded over the weekend. What does this mean for Bitcoin (BTC) and Ethereum (ETH), and also, what impact will the Bitcoin halving have on altcoins like Raboo (RABT), currently in presale at a price of just $0.0036? Bitcoin (BTC): Halving supply shock could see prices skyrocket The Bitcoin halving happens every four years and has traditionally triggered big shifts in the crypto market. This occurrence reduces the reward for mining new blocks by half, slowing the rate at which new Bitcoins (BTC) are created and distributed into circulation. The halving is intended to reduce inflation and preserve the cryptocurrency's value over time. Previous halving events suggest a pattern of bullish behavior in the months after a halving. The market has frequently shown significant value growth following the halving, which can be attributed to a scarcity shock. These cycles stimulate speculative trading and investor interest, resulting in greater market activity and price volatility. Each cycle generates a surge of media attention and analysis, influencing both experienced and new market participants. Ethereum (ETH): A reaction to Bitcoin halving cycles Ethereum (ETH) faces indirect consequences during Bitcoin halving events due to increased market interest and investment in cryptocurrencies. Typically, Ethereum benefits from the increased crypto market news exposure, resulting in favorable results. Traders and investors frequently regard Ethereum as a companion asset to Bitcoin, which may also gain in value during these periods. The increased speculative trading affects Ethereum as well, adding to price volatility. However, Ethereum's reaction is impacted not only by Bitcoin's movements but also by its own advancements and larger market conditions. This interconnection highlights the complexities of Ethereum's activity in the cryptocurrency ecosystem amid Bitcoin's critical halving events. Raboo (RABT): Stability through ICOs amidst Bitcoin halving volatility Raboo (RABT) is a newcomer to the cryptocurrency industry, strategically releasing its Initial Coin Offering (ICO) during a period of heightened crypto market news attention focused on the upcoming Bitcoin halving. Unlike existing cryptocurrencies, which may see major price fluctuation during such halving times, ICOs such as Raboo's offer smooth sailing! This is because ICOs are driven mostly by the project's potential and investor enthusiasm, rather than market factors related to mining dynamics. Raboo's focus on developing its unique AI-driven meme platform presents a compelling opportunity for investors looking for new ventures less affected by the fluctuations associated with the Bitcoin halving. This potentially offers a more stable path in the often-turbulent crypto market. Conclusion The crypto market news has been heavily dominated by the Bitcoin halving, which took place over the weekend. Along with violent volatility, flash crashes, and widespread speculation, it is difficult to know exactly what to do, though history shows that Bitcoin (BTC) and Ethereum (ETH) both increased in value after the halving. Hedging against volatility during this time is a great investment move, which is why structured investments like the Raboo presale are the way to go. The presale has already raised an incredible $850K in just three weeks and is set to return 233% at its conclusion. You can participate in the Raboo presale here. Contact Details Total Media Solutions media@Totalsolutionspr.io

April 21, 2024 06:47 PM Eastern Daylight Time

Article thumbnail News Release

HTX Launches Special Edition of "Trade to Earn" as Bitcoin Halving Approaches: Trade BTC at Zero Cost and Split 100,000 USDT Daily!

HTX

Bitcoin's fourth halving event has entered the final countdown, after which mining rewards will be reduced from 6.25 BTC to 3.125 BTC per block. Due to the combined influences of expectations surrounding Bitcoin halving, the introduction of Spot Bitcoin ETFs, and the volatile international political and economic situation, it is expected to see more intense rollercoaster rides in the crypto market. To mark this historic occasion and empower investors to seize market opportunities, HTX rolls out a Bitcoin Halving Special Edition for Futures "Trade to Earn" event, which allows users to trade BTC futures at zero cost while splitting a daily prize pool of 100,000 USDT. According to HTX's official announcement, this special edition of the "Trade to Earn" event is scheduled to run from 12:00:00 (UTC) on April 19, 2024, until 11:59:59 (UTC) on April 24, 2024. Users will have the opportunity to earn rewards in $HTX by trading BTCUSDT Perpetual (including copy trading).The more trades, the greater the rewards, with a maximum of 5,000 USDT daily per user. The "Trade to Earn" event is on a daily basis. A day is defined from 12:00 (UTC) on Day T to 11:59 (UTC) on Day T+1. This special edition is divided into 5 rounds. Event rewards are calculated and updated starting on Day T+2 at 04:00 (UTC). Please claim your $HTX in time. Furthermore, the reward ratio for Maker orders is 110%, while the reward ratio for Taker orders is 105%. Users must have a Rocket count of ≥ 300 and successfully register on the event page. After registration, you'll receive a random airdrop reward ranging from 1 to 88 USDT in Futures Bonuses. Event Details: https://www.htx.com/en-us/support/54967841529848 During the event period, the platform's all fee income generated from participants trading BTCUSDT perpetual futures will be fully used for $HTX buybacks to support the stable $HTX appreciation. The repurchased $HTX will be entirely burnt, with the schedule coinciding with the quarterly burn. HTX's "Trade to Earn" event serves as an innovative model for cryptocurrency trading and empowerment, providing users with broader opportunities to engage in trading and earn profits. This model not only highlights HTX's continuous investment and support for the Bitcoin ecosystem but also demonstrates its keen insight into market dynamics and proactive adaptability to a changing environment. With Bitcoin's fourth halving event on the horizon, HTX is poised to embark on a proactive exploration of business innovation, joining forces with a broader spectrum of industry players to observe the unfolding of Bitcoin's new developmental cycle. About HTX Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

April 21, 2024 04:47 AM Eastern Daylight Time

Article thumbnail News Release

Comcast Completes Major Fiber Network Expansion in Spring Hill, Kansas

Comcast Greater Kansas City

Comcast announced today the completed expansion of its next-generation Xfinity network to homes and businesses in the City of Spring Hill. The media and technology company invested more than $13 million to install more than 90 miles of new fiber-rich highways that will offer residential broadband speeds faster than 1 gigabit per second (Gbps) and business speeds up to 100 Gbps. The completion is part of Comcast’s ongoing expansion in the Midwest where Comcast is also expanding into Paola/Hillsdale. “The Kelly-Toland Administration recognizes that building reliable broadband services is essential for healthy communities throughout the state,” Lieutenant Governor and Secretary of Commerce David Toland said. “With the completion of this project, the Spring Hill community now has the resources needed to stay connected and engaged – and help drive economic development.” "The City of Spring Hill joins Comcast in celebrating the completion of this investment in our community. It will support workforce development, education and greater access to high-speed internet for our residents. This was a big priority of this administration from the start, and I’m glad to see it through to becoming a reality. It also improves our internet infrastructure in a way that is attractive to businesses interested in growing here," said Mayor Joe Berkey, City of Spring Hill. “I am grateful for Comcast’s commitment to expanding broadband access to Spring Hill and also their continued commitment to sponsoring other Spring Hill community events throughout the year.” To celebrate the expansion of Xfinity services to the City of Spring Hill, Comcast will donate $5,000 to the Spring Hill Education Foundation and will host an ‘Xfinity On Tour’ event during the Spring Hill Recreation Center Daffodil Days on April 20 from 11 a.m. to 2 p.m. CST at the Spring Hill Learning Academy at 300 E. Street. This free, family-oriented community event provides residents the opportunity to learn more about Comcast services, answer questions, and take advantage of exclusive offers. You can also stop into the nearest Xfinity store to learn more. For Spring Hill residents, this expansion means access to all Xfinity Internet service offerings with speeds faster than 1 Gig and advanced WiFi technology from powerful gateways capable of delivering reliable and consistent connections for real-time activities like gaming, live streaming, and video conferencing with ultra-low lag. Residents will also have access to the Xfinity X1 video platform, Xfinity Home, Comcast’s professionally installed home security solution, and Xfinity Mobile, one of the nation’s fastest growing mobile services that can save customers hundreds of dollars a year on their mobile bills, and is top ranked in customer satisfaction. “Reliable high-speed internet is essential in today’s digital economy, which is why Comcast continues its commitment to connect more Johnson County region families and businesses to the moments that matter most,” said Kalyn Hove, Comcast Midwest Regional Senior Vice President. “By establishing the best broadband infrastructure today, we are securing the economic prosperity of these communities for tomorrow.” For local businesses, Comcast Business offers a suite of connectivity, cybersecurity, managed solutions and Comcast Business Mobile products designed specifically for their employee’s needs. Powered by the nation’s largest Gig-speed broadband network, and backed by 24/7 customer support, Comcast Business is the nation’s largest cable and Internet provider to small and mid-size businesses and one of the leading providers to larger organizations in the Enterprise market. Comcast Business has been consistently recognized by industry analysts and associations as a leader and innovator, and one of the fastest growing providers of Ethernet services. “We purchased The Bean in Spring Hill nearly three years ago. The most difficult part of doing business was little to no access to internet and proper speeds needed to run our business,” stated Brad Killen, CEO of The Bean. “When I spoke with Comcast Business it was a quick YES to help us. Before switching to Comcast, our WiFi went out every other day and we were running on the slowest speeds. We are now finally getting normal speeds and could not be happier with the service. Everyday dozens of people work, take meetings, or calls at The Bean and this upgrade keeps people coming back for more.” 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. Visit www.comcastcorporation.com for more information. Contact Details Comcast Corporation Jill Hornbacher +1 651-425-1695 jill_hornbacher@comcast.com Company Website https://midwest.comcast.com

April 19, 2024 08:30 AM Central Daylight Time

Image
Article thumbnail News Release

Searching For The Best Options Trading Platforms? Zero Equity Options Contract Fees, Free Tools And More With Moomoo

Moomoo

By Austin DeNoce, Benzinga The investment and trading platform Moomoo Financial Inc. recently introduced zero contract fees for its equity options model for options trading, representing a notable departure from traditional options fee structures that generally sit at $0.65 per contract. This approach appeals to a wide range of traders, from new option traders to seasoned ones, as a cost-effective alternative to competitors in the options space. This strategy not only highlights Moomoo's stated commitment to options trading affordability but also brings the platform's range of free, powerful analytical tools and resources into focus for options traders considering the intuitive platform. Overview Of Moomoo's Platform Moomoo's platform strikes a unique balance between user-friendliness and advanced functionality, designed to appeal to options traders at all levels. Its offerings include an extensive array of tools for charting, strategies, options learning, paper trading and detailed market analysis. For options traders, the platform’s blend of simplicity and sophistication makes it a competitive choice in the trading community; however, it serves investors and stock traders as well with U.S. and international stocks, ETFs and a variable 5.1% annual percentage yield (APY) on uninvested cash in the Cash Sweep Program for new and qualified existing users*. (Cash Sweep APY rate as of 11/03/23 and is subject to change.) Embracing Options Trading With Competitive Rates Moomoo offers zero options trading commission fees*. This policy, along with pricing that includes reduced contract fees for index options and zero contract fees on equity options, sets Moomoo apart from competitors and brings MooMoo one step closer to becoming the budget-friendly premium platform of choice. This is particularly appealing in today's cost-conscious market. Free Options Features And Tools Beyond its compelling fee structure, Moomoo offers a variety of free options analysis tools. These include real-time options data, strategies and unusual activities, providing a comprehensive options toolkit for traders without any additional fees or charges. While Robinhood is great for those just starting out with options, Moomoo says its own advanced charting and real-time data provide more in-depth analysis, making Moomoo an excellent choice for options traders who are ready to upgrade their trading skills without high costs. Customizable Options Chain Real-Time Options Data Customizable Options Chain Options Calculator Unusual Options Activity Implied Volatility Analysis 13 Pre-Built Options Strategies*, including customization opportunities 0 Days to Expiration (0DTE) Options by Volume * Options trading subject to eligibility requirements. Strategies available will depend on options level approved. Moomoo And Cboe’s Strategic Collaboration: Index Options Now Available The partnership between Moomoo and Cboe Global Markets (BATS: CBOE), a leading global exchange operator, marked a significant development in Moomoo's growth and global reach, but it also emphasized its commitment to expanding options market access and options education. Their collaboration brought six index options products, including exclusive listings like SPX and VIX options, to many of Moomoo's U.S. customers. Notably, this collaboration is particularly beneficial for retail investors, as it helps remove some of the complexity associated with index options trading by providing useful education materials, advancing the goal of democratizing access to global markets. Redefining Options Trading With Value And Innovation With its new fee structure and suite of tools, Moomoo presents itself as a noteworthy contender in options trading. Its commitment to zero-contract fees, coupled with a wide and comprehensive selection of free options trading tools, makes it a compelling option for traders seeking both value and quality in their trading platform. Moomoo's approach also caters to a wide audience, from beginners to seasoned traders, making it a versatile and user-friendly platform throughout one’s entire trading journey. *Margin trading entails greater risk, including, but not limited to, risk of loss and incurrence of margin interest debt, and is not suitable for all investors. Please assess your financial circumstances and risk tolerance before trading on margin. Open an account with Moomoo and begin your trading journey today. FAQs Q: Does Moomoo support option strategies supported for U.S. Stocks? A: Moomoo currently supports common option strategies such as covered calls vertical spreads, calendar spreads, diagonal spreads, straddles and strangles in non-universal accounts. Corresponding option combination quotes and trading capabilities are planned to be supported in the future. Q: How can I apply for options trading on Moomoo? A: You can apply for options trading by downloading the app, applying for a brokerage account and then also applying for options trading on that account. You can start trading options once your account has been approved. Keep in mind options trading is subject to eligibility requirements. Options trading is risky and not appropriate for everyone. Q: Does Moomoo offer options education? A: Yes, Moomoo has a wealth of free options education from paper trading, seminars, webinars, courses, and an inclusive community. U.S. residents trading in U.S. securities may trade commission-free using the Moomoo app through Moomoo Financial Inc. The above charges are applicable to U.S. residents. If you would like to know the fees for non-U.S. residents, click here. Featured photo courtesy of Moomoo Financial. Moomoo is an investment and trading platform that empowers global investors with pro-grade, easy-to-use tools, data, and insights. We believe investing is a transformative and long-term journey. That's why moomoo empowers investors with the tools and data they need to help unlock their financial potential today and in the future. Whether you're a beginner or a pro, moomoo is here to power your investment journey. With access to a wide range of both user-friendly and advanced features, including real-time market data, technical analysis tools, and in-depth order book data moomoo users can potentially enhance their trading strategies to pursue their goals. Our mission is built on three core values: transparency, innovation, and community. By using these values to guide us, we deliver a comprehensive investment experience for individuals across all trading levels. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. U.S. residents trading in U.S. securities may trade commission-free using the Moomoo app through Moomoo Financial Inc. The above charges are applicable to U.S. residents. If you would like to know the fees for Non-U.S. resident, click here.$0 contract fees only apply to equity options (stocks and ETFs), while index options will be subject to a $0.5 contract fee per contract. Other fees may apply. For more info, visit moomoo.com/us/pricing.U.S. residents trading in U.S. securities may trade commission-free using the moomoo app through Moomoo Financial Inc. Other fees may apply. For more info, visit moomoo.com/us/pricing. Options trading is risky and not appropriate for all investors. Read Options Disclosure Document before trading.Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount. Supporting documentation for any claims, if applicable, will be furnished upon request. Moomoo does not guarantee favorable investment outcomes. The past performance of a security or financial product does not guarantee future results or returns. Customers should consider their investment objectives and risks carefully before investing in options. Because of the importance of tax considerations to all options transactions, the customer considering options should consult their tax advisor as to how taxes affect the outcome of each options strategy.There is no guarantee or assurance that the use of any tools or data provided on the Moomoo app will result in investment success or reduce investment risk. Past performance does not guarantee future results.This article is for educational use only and is not a recommendation of any particular investment strategy. Content is general in nature, strictly for educational purposes, and may not be appropriate for all investors. It is provided without respect to individual investors' financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. All investing involves risks.Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. Securities products and services on the moomoo app are offered through Moomoo Financial Inc., Member FINRA/SIPC.This event is for informational and educational purposes only and is not investment advice or a recommendation to engage in any investment or financial strategy. Investing involves risk and the potential to lose principal. Investment and financial decisions should always be made based on your specific financial needs, objectives, goals, time horizon, and risk tolerance.All investing involves risk, including the potential loss of principal, and there can be no guarantee that any investing strategy will be successful.Foreign securities are subject to interest rate, currency exchange rate, economic, and political risks.Benzinga was commissioned for this article and is not affiliated with the Moomoo app or it’s affiliated companies. This includes Moomoo Technologies Inc. (MTI) provider of the app and Moomoo Financial Inc.(MFI) Member FINRA/SIPC, which offers securities in the U.S. MTI, MFI, or their affiliates do not endorse any trading strategies that may be discussed or promoted herein. Moomoo and its affiliates make no representation or warranty as to the article’s adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.Options trading entails significant risk and is not appropriate for all customers. It is important that investors read Characteristics and Risks of Standardized Options (https://j.us.moomoo.com/00xBBz) before engaging in any options trading strategies. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount. Supporting documentation for any claims, if applicable, will be furnished upon request. Moomoo does not guarantee favorable investment outcomes. The past performance of a security or financial product does not guarantee future results or returns. Customers should consider their investment objectives and risks carefully before investing in options. Because of the importance of tax considerations to all options transactions, the customer considering options should consult their tax advisor as to how taxes affect the outcome of each options strategy. There is no guarantee or assurance that the use of any tools or data provided on the moomoo app will result in investment success or reduce investment risk. Past performance does not guarantee future results.This article is for educational use only and is not a recommendation of any particular investment strategy. Content is general in nature, strictly for educational purposes, and may not be appropriate for all investors. It is provided without respect to individual investors' financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. All investing involves risks Contact Details Klim Yeeloy kyeeloy@us.moomoo.com Company Website http://www.moomoo.com

April 19, 2024 08:40 AM Eastern Daylight Time

Image
Article thumbnail News Release

Hong Kong Approves Bitcoin (BTC) and Ethereum (ETH) ETFs While New Token Surges 290%

Kangamoon

Hong Kong recently approved spot Bitcoin (BTC) and Ethereum (ETH) exchange traded funds (ETFs) applications. Specifically, the region has become the second to do this in 2024 so far, following the SEC’s decision to approve 11 spot BTC ETFs in the United States. While all of this is happening, the KangaMoon ( KANG ) presale has seen major upwards momentum and could soon reach far more substantial gains, fueled by its unique Social-Fi model and community-driven approach. By the end, we will see which one is the best crypto to invest in now. Bitcoin (BTC) Grows 117.4% YTD – Price to Reach $96,062 by Q4 Bitcoin (BTC) has seen a year-to-date (YTD) climb of 117.4%. In addition, during the past week, the price of Bitcoin has moved up from $62,697.49 to a maximum value at $72,199.54. ThE Bitcoin price USD has since found support at the $66,000 level, and needs to break above $73,737.94 in order to reach a new all-time high point. As a result, sentiment on the future of the BTC crypto is currently massive, and many are speculating that it can reach far more substantial gains in 2024. According to the Bitcoin price prediction, it can end 2024 at $96,062. Ethereum (ETH) Spikes 54% YTD – Is Further Growth Possible? Ethereum (ETH) has also showcased dominant on-chart performance during the past year and has the potential to reach new heights. The Ethereum price USD has seen an increase of 54% year-to-date (YTD), and is now heading further upwards. During the past week, the price of Ethereum has surged from $2,936 to $3,715, and could soon break even above the $4,000 price barrier. According to the RSI and MACD data, its price outlook is bullish, and based on the Ethereum price prediction, it can end 2024 at $4,428. KangaMoon (KANG) Introduces Social-Fi, P2E and a Community-Driven Approach KangaMoon (KANG) has seen an increased upwards momentum fueled by the optimistic outlook for its ecosystem and the overall unique and rich feature-set. Specifically, on top of this project, anyone will be able to access Social-Fi features, a community-driven approach and Play-to-Earn (P2E) mechanics. The KangaMoon platform has stood out by enabling anyone to take control of their own KangaMoon character through which they can, later-on, make upgrades and compete in tournaments and other battles. By doing so, they earn NFTs and NFTs. There are over 20,000 registered accounts even during the blockchain ICO, and over 5,800 users now hold the KANG token. In addition, the crypto has risen by 90%, where it moved from $0.005 to $0.0196. It raised $4.9 million and could break above $5.5 million raised by the end of the week. According to projections by analysts, the KANG token can rise by 100x following the project’s official launch, positioning KANG as the best new crypto to invest in. Summary Following the approval of Bitcoin and Ethereum ETFs from Hong Kong, it's clear that both cryptocurrencies now have even further growth potential. In the meantime, many have begun to diversify their holdings with the KangaMoon cryptocurrency, as it could soon provide them with significant ROI, making it the best new crypto to invest in. Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today! Website: https://KangaMoon.com/ Join Our Telegram Community: https://t.me/KangaMoonofficial Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards. Disclaimer: The following disclaimer is important to read and understand before engaging with Kangamoon, a play-to-earn meme coin. By accessing or participating in any activities related to Kangamoon, you acknowledge and accept the terms outlined below: 1 No Financial Advice: This whitepaper and any associated content do not constitute financial advice, investment recommendations, or solicitation to purchase Kangamoon tokens. The information provided is for informational purposes only. It is your responsibility to conduct thorough research and seek professional advice before making any financial decisions. 2 Volatility and Risks: Cryptocurrencies, including Kangamoon, are volatile and subject to significant price fluctuations. Investing in or holding Kangamoon tokens involves substantial risks, including the possibility of total loss. Past performance is not indicative of future results. 3 Regulatory Compliance: The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Kangamoon. 4 Uncertain Market: The market for meme coins and play-to-earn platforms is highly speculative and subject to rapid changes. There is no guarantee of market demand, liquidity, or utility for Kangamoon tokens. Token values may fluctuate drastically and may not reflect the intrinsic value of the project. By continuing to engage with Kangamoon, you acknowledge and accept the risks and limitations outlined in this disclaimer. You should only participate if you fully understand and are willing to assume these risks. Contact Details Kangamoon marketing@kangamoon.com Company Website https://kangamoon.com/

April 19, 2024 07:31 AM Central Daylight Time

Image
Article thumbnail News Release

Super League Enterprise (NASDAQ: SLE) Q4 And FY2023 Earnings: Record Quarterly Revenues Achieved, Annual Net Loss Narrowed

Benzinga

By Austin DeNoce, Benzinga Super League Enterprise (NASDAQ: SLE) is a pioneer in immersive marketing and commerce in 3D web, and its latest earnings results highlighted a pivotal year, setting new records for revenue while reinforcing its balance sheet and enhancing operational efficiency. In a letter to shareholders, the company outlined its fiscal fourth quarter and full-year 2023 financial performance, its strategic accomplishments and its vision for future growth. Fourth Quarter Financial Performance Revenue: Super League achieved a quarterly record with revenues reaching $9.5 million, a 34% increase year-over-year. Partnerships: The company served over 100 brands and IP owners, launching 11 custom builds with peak engagement times of up to 30.5 minutes, integrating 15 custom experiences in popular platforms like Roblox (NASDAQ: RBLX), Minecraft (NASDAQ: MSFT) and Fortnite, and generating over 330 million visits. Media Campaigns: Media campaigns across these platforms exceeded 180, with significant visibility across digital and OTT channels supported by 340 pieces of video content. Fiscal Year 2023 Financial Performance Annual Revenue: The year's total revenue of $25.1 million represents a 27% increase from 2022, propelled by substantial gains in publishing and content studio revenues. Cost of Revenue: Fiscal 2023 saw the company’s cost of revenue increase to $15.3 million, up 37% from the previous year, reflecting the scale of Super League's custom integration projects. Net Loss: Despite the revenue growth, Super League recorded a net loss of $30.3 million for the year, an improvement over the previous year's $85.5 million loss, indicating significant strides in operational efficiency and cost management. Strategic Initiatives And Market Positioning In 2023, Super League continued to tap into the burgeoning interest of Generations Z and Alpha in immersive platforms, catering to the nuanced preferences of younger audiences largely through personalized in-game and social media engagement. This strategic approach has allowed Super League to secure relationships with over 100 brands and execute significant contracts, such as a nearly $4 million deal with Kraft Lunchables. “The record revenues, fortified balance sheet, and leaner cost structure we created positioned 2023 to be a foundational year for Super League,” said Ann Hand, Super League CEO. “Our roadmap and team are perfectly aligned to meet a growing demand among brands and advertisers for sizable presences in immersive marketing channels –- and the work we accomplished for over 100 top brands proves we are doing it." The company has also pushed engagement with artificial intelligence to streamline creative development and operational workflows, further highlighting its commitment to leveraging cutting-edge technology. Additionally, Super League's strategic focus on co-creation platforms like Roblox and tools and services to help brands unlock the value of new initiatives like the Unreal Editor for Fortnite underscore its expertise in digitally native consumer behaviors. Super League seems well-positioned for the increasingly larger audiences meeting brands in immersive digital worlds. With immersive experiences becoming the new frontier for brand engagement, these efforts collectively underscore Super League’s strengthening position in the advertising market. Future Growth Prospects Super League's operational enhancements in 2023 set the foundation for its future. The company has not only increased the average size of its deals – approaching the $400,000 range – but also maintained a 70%+ repeat buying rate, demonstrating the strength and potential for growth in its operational leverage. Commercially, the company is expanding its reach in Fortnite through a partnership with Chartis, which has a large network of independent developers that offers unique opportunities for brand integrations in Fortnite. Super League has also been involved in launching Boombox on Roblox, a platform allowing music labels to monetize their content. Moreover, it recently partnered with GSTV to deliver targeted entertainment at fuel stations, creating a new advertising revenue stream. Finally, its partnership with Common Sense Networks, a leader in age-appropriate content moderation, is enhancing its ability to safely engage young audiences globally. The Takeaway Overall, 2023 was a year of significant achievements and growth for Super League, underscored by its record revenues, strategic partnerships and improvements to its operational efficiencies. As the company continues to push forward in the immersive entertainment and advertising industry, its focus on innovation, brand engagement and market positioning seem to be setting a solid foundation for sustained growth and profitability. Featured photo by Erik Mclean on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

April 19, 2024 08:30 AM Eastern Daylight Time

Image
Article thumbnail News Release

David LaValle Discusses Grayscale’s Future of Finance ETF and Bitcoin’s Evolving Role

HANetf

Global Head of ETF for Grayscale David LaValle joined Steve Darling from Proactive to discuss the performance and achievements of the Grayscale Future of Finance ETF (GFOF) in recent months. LaValle provided insights into GFOF's performance, which has seen approximately an 8% increase over the past month, surpassing benchmarks such as the S&P 500 and NASDAQ 100. He attributed this success to the strategic positioning of GFOF, likening it to investing in internet infrastructure in 1998. LaValle emphasized that GFOF focuses on digital assets' infrastructure, despite uncertainties surrounding specific winners in the space. Holdings in companies like Coinbase and other mining companies have contributed significantly to GFOF's performance. He underscored the importance of recent developments in the digital asset space, such as the introduction of Bitcoin ETFs in the U.S. and the uplisting of Grayscale Bitcoin Trust, which have expanded discussions with financial professionals and wealth managers about integrating digital assets into portfolios. Addressing the evolving perception of Bitcoin, LaValle noted its recognition as a volatile yet increasingly accepted asset class. He discussed Bitcoin's potential roles in investment portfolios, ranging from being viewed as a disruptive technology to serving as a digital store of value, akin to digital gold or exposure to high-growth tech. Overall, LaValle expressed optimism about the future of GFOF and digital assets in general, highlighting their potential to play a significant role in diversified investment portfolios. As Grayscale continues to navigate the dynamic landscape of digital assets, investors can anticipate further innovations and opportunities for growth in the future. Stay tuned for more updates as Grayscale continues to lead the way in the digital asset investment space. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com

April 19, 2024 08:00 AM Eastern Daylight Time

Video
12345 ... 554