News Hub | News Direct

All Industries


Article thumbnail News Release

Tremp Crypto And Meme Coins Rise To Center Stage In The 2024 Election After Trump's Endorsement

Benzinga

By Austin DeNoce, Benzinga Donald Trump, in a surprising development, has voiced strong support for the U.S. cryptocurrency industry. This endorsement was articulated during a gathering at Mar-a-Lago, where Trump addressed a group of his NFT buyers. He firmly stated that if cryptocurrencies were being pushed out of the U.S. due to regulatory hostility, his administration would halt such a trend, insisting on embracing and accommodating the crypto industry domestically. The former president shared, "The Democrats are very much against it [crypto]. And I say this, a lot of people are very much for it... and I'm fine with it. I want to make sure it's good and solid... but I'm good with it. If you like crypto in any form, and it comes in a lot of different forms, you better vote for Trump." This stands in contrast to the current administration under President Joe Biden, which has been perceived as less favorable toward cryptocurrencies. The Biden administration, along with the SEC, has been criticized for a stringent regulatory approach involving significant fines and extensive legal battles for crypto companies – drawing a firm line in the sand between the two administrations. The Rise Of Tremp And Boden Following Trump's pro-crypto comments, there was an immediate market reaction that particularly impacted two meme coins: doland tremp ($TREMP) and boden ($BODEN). Trump’s announcement to accept crypto donations for his campaign further boosted these currencies. The boden coin, humorously named after Joe Biden, saw a 25% increase in its price, although it later experienced a slight drop. Similarly, the tremp coin, part of a new wave of politically inspired meme coins known as "PolitiFi," likewise gained attention and surged as high as 180%, underscoring how presidential endorsements can influence niche crypto markets. These meme coins, while often created for humor, have managed to garner substantial community support and market responses, largely driven by social media and political fervor. “With the election in full swing, this is an exciting opportunity to merge politics with the continued rise in popularity of meme coins – especially after President Trump's recent comments. The Poltifi community is actively engaged in a collaborative effort to further develop these personas and content, like we've done for Tremp, for fans of both crypto and politics. We're hoping to draw in an entirely new audience of politically minded people – no matter which candidate you support in real life. The Tremp celebrates the electoral process and the excitement of meme-coin potential,” shared a Tremp spokesperson. A New Era For Crypto In light of Trump’s recent comments and the Biden administration’s current stance on crypto, this 2024 presidential election is poised to be pivotal for the industry. For the first time, digital currencies and blockchain technology are coming together to become significant themes in presidential campaigns, as evidenced by Trump’s explicit support and the crypto community’s rallying response. The intertwining of politics and cryptocurrency is becoming more apparent, with political figures recognizing the potential good and bad of this technology. Bearing that in mind, this election cycle could determine the future regulatory landscape for cryptocurrencies in the U.S., making it a critical point of interest for investors and industry stakeholders. It is also likely to create a wild ride for the presidential meme coins gaining traction. The Intersection Of Crypto And Politics As the U.S. inches closer to the November election, the relationship between politics and cryptocurrency is certainly growing stronger. In fact, Trump’s pro-crypto comments were shared the same day the $TREMP team launched its first “campaign video.” Sharing more insight into their efforts, a spokesperson for the $TREMP team said, “Backed by an enthusiastic community that includes more than 25,000 token holders, we have a team of former DC political operatives, artists & videographers, and crypto experts working on blending present day political news with meme culture for Doland Tremp’s campaign for President of Solana." Candidates’ stances on crypto could significantly sway certain voter demographics, especially as digital currencies gain mainstream relevance. The growing political discourse around cryptocurrency regulation and adoption also highlights the sector’s evolving significance in American economic and political discussion. For investors and industry observers, understanding the nuances of each candidate's position on cryptocurrencies will be crucial to navigating the markets or, of course, speculating on the $TREMP and $BODEN meme coins ahead of election day. Featured photo by Jon Tyson 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

May 15, 2024 08:30 AM Eastern Daylight Time

Image
Article thumbnail News Release

ToolsGroup Named Leader in Demand Forecasting and Supply Chain Management Software in 2024 Customer Success Report

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to announce its recognition as a “Market Leader” in the Spring 2024 Demand Forecasting Software Customer Success Report, published by FeaturedCustomers. This acknowledgment underscores ToolsGroup's commitment to delivering exceptional solutions and customer satisfaction in supply chain solutions. Kevin Young, CMO and Chief Growth Officer at ToolsGroup expressed his gratitude for the recognition, stating, "We're thrilled to be recognized once again by FeaturedCustomers as a market leader in Demand Forecasting for 2024 and being further awarded Supply Chain Management Software Leader status. At ToolsGroup, we are dedicated to helping companies optimize their supply chain performance to meet or exceed their strategic objectives and business goals. It is very gratifying to be acknowledged based on the opinions of our customers." In this latest report, ToolsGroup was given the highest rated “Market Leader” award in recognition of having the top ratio of customer reference content, Demand Forecasting content score and social media presence and ratings. This recognition is in addition to the following FeaturedCustomers awards in 2024: · Customer Excellence Award | 2024 · Top Rated Software Award | 2024 · Customers Love Us Award | 2024 · Hot 100 Vendor Award | 2024 · Top 1000 B2B Software | 2024 FeaturedCustomers Customer Success report is based on over 1,600 pieces of verified customer reference content. A vendor’s overall customer success score is reached via a weighted average of their Content, Market Presence, and Company Scores. Of the vendors listed in the FeaturedCustomers’ Demand Forecasting Software category, only 16 met the minimum requirements needed to be considered for the customer success report. Additional Resources: The full report, along with ToolsGroup’s profile, is available for you to download here. See ToolsGroup’s listing on FeaturedCustomers here. Find out why customers are rating ToolsGroup so highly at the Gartner Supply Chain Symposium in Barcelona, Spain June 10-12. Experience the latest AI-based solutions at Kiosk #400. Book a meeting with our experts today! About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision-making and unlock powerful business improvements in forecast accuracy, service levels and inventory – delighting customers and achieving financial and sustainability KPIs.. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

May 15, 2024 08:30 AM Eastern Daylight Time

Image
Article thumbnail News Release

AI Data Center Power Requirements Increasing Demand For Critical Materials Like Copper And Uranium

Benzinga

By Kyle Anthony Artificial intelligence (AI) has proliferated rapidly, and this has had consequences for energy consumption. Some technology firms are securing their own clean energy sources to power their data centers–especially to identify new, sustainable and long-term ones. The Energy Consumption Of AI And Data Centers As AI adoption and advancement continue to accelerate, the demand for electrical power to sustain data centers, which support cloud computing, big data processing and AI algorithms, is also on the rise. As reported by S&P Global Commodity Insight, in 2022, global power consumption from data centers was approximately 460 Terawatt hour (TWh). That could double by 2026 to more than 1,000 TWh, roughly equal to Japan's total electricity use. With the creation and usage of generative AI tools across many industries, hyperscale data centers – a specialized category of data center designed to power immense amounts of digital information and computational tasks – have become a central focus. In the U.S., research conducted by Boston Consulting Group states that growth in demand for data center services, particularly for generative AI, is driving up power usage and density. Data center electricity consumption was 2.5% of the U.S. total (~130 TWh) in 2022 and is expected to triple to 7.5% (~390 TWh) by 2030. Given the significant amount of energy required to power generative AI models, many companies are pivoting toward, if not building, data centers that run on sustainable energy sources. Using Current And New Sustainable Energy Sources Recognizing the high energy requirements for data centers, big tech firms such as Amazon.com Inc (NASDAQ: AMZN), Alphabet Inc. (NASDAQ: GOOG), and Microsoft Corp (NASDAQ: MSFT) are among the first to explore using sustainable energy sources, including wind and solar, to power their business operations, such as data centers. For example, Amazon has committed to matching all the electricity used to power its operations with 100% renewable energy and is on track to meet said goal by 2025. The firm recently entered into a power purchase agreement with Scottish Power Renewables, one of the world’s largest clean energy companies. The new agreement will see the company purchase a portion of the 1.4 GW of clean electricity generated by East Anglia THREE, Scottish Power Renewables’ biggest ever offshore wind farm and the second largest in the world when it comes into operation in 2026. While using sustainable energy will alleviate existing demands on the electricity grid, the intermittent nature of solar and wind energy is a challenge. As such, firms are now exploring nuclear energy as a viable power source. Microsoft, OpenAI’s partner and largest investor, believes nuclear power can help fulfill its massive electricity needs as it ventures further into artificial intelligence and supercomputing. Recently, the firm hired Erin Henderson, PhD, MBA, PMP, as the director of nuclear development acceleration, to devise a global strategy for small modular reactors and microreactors to power Microsoft's data centers. Small modular reactors (SMRs) are advanced nuclear reactors with a power capacity of up to 300 Megawatts electric (MW(e)) per unit, about one-third of the generation capacity of traditional nuclear power reactors. SMRs can produce a large amount of low-carbon electricity. Gaining Exposure To The Energy Transition Resources As big tech firms find different avenues to power their data centers, there will be increased demand for the critical minerals needed to generate, transmit and store cleaner energy. For investors, this presents an opportunity, as having material exposure to these essential resources allows them to benefit from the gradual price appreciation that will likely occur. Sprott Copper Miners ETF Copper’s exceptional electrical conductivity and contribution to energy efficiency make it a critical element in energy transmission. It’s broad market demand and versatility in use across many industries have historically positioned its price as a gauge of the global economy. As the global economy moves toward decarbonization and electrification, emerging clean-energy technologies require significantly more copper than traditional systems. For investors looking to gain exposure to copper, the Sprott Copper Miners ETF (NASDAQ: COPP) provides pure-play exposure to large-, mid- and small-cap copper mining companies that are providing a critical mineral necessary for the clean energy transition. Copper’s exceptional electrical conductivity and contribution to energy efficiency make it essential to energy transmission. Copper is indispensable across a wide spectrum of applications, from powering energy grids and essential components of clean energy technologies to being a fundamental element in virtually every electronic device. The ETF tracks the Nasdaq Sprott Copper Miners™ Index, which reflects a broad universe of global securities in the copper industry, including copper producers, developers and explorers. Sprott Uranium Miners ETF The growing demand for energy globally and the need to move away from fossil fuels is setting the stage for nuclear power. For a national, state or local utility, the appeal of nuclear power starts with its reliability, as the sometimes intermittent nature of solar and wind energy can affect its dependability in long-term power generation. Regarding safety, nuclear power plants have advanced in recent decades and the technology has evolved so that plants operate and maintain reactors more efficiently. This translates to fewer, shorter disruptions in the reactors’ consistent electrical power production. Finally, nuclear power is clean, as it generates the lowest greenhouse gasses of any power source. Essential to nuclear energy is uranium, a very heavy metal that can be used as an abundant source of concentrated energy for nuclear reactors. The Sprott Uranium Miners ETF (NYSEARCA: URNM) provides investors with exposure to companies that devote at least 50% of their assets to the uranium mining industry, which may include mining, exploration, development, and production of uranium, or holding physical uranium, owning uranium royalties, or engaging in other, non-mining activities that support the uranium mining industry, by tracking the North Shore Global Uranium Mining Index. A Timely Opportunity As technology increases power demand and we also move toward decarbonization, the value of the critical materials required for energy production and transmission may grow over time. For investors, gaining exposure to companies well-positioned to benefit from the increased investment in the critical minerals needed for clean energy is a timely opportunity that can reap benefits for the future. Featured photo by Anthony Indraus 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

May 15, 2024 08:25 AM Eastern Daylight Time

Image
Article thumbnail News Release

Are All Futures Trading Platforms The Same? Discover The Most Popular Ones And Find Your Perfect Match

EdgeClear

By Austin DeNoce, Benzinga Are all futures trading platforms the same? The short answer is no. If you’re a futures trader, the platform you choose can significantly influence your trading experience and success. Contrary to common perception, not all futures trading platforms are created equal. They differ in features, data feed integration and the unique advantages they offer. Among the array of options available to traders, such as EdgeProX, Sierra Chart and TradingView, each caters to distinct types of traders. With that in mind, understanding the features offered by various platforms and how they relate to your trading needs is critical to choosing the right trading platform. Key Features To Consider In A Futures Trading Program When diving into the various futures trading platforms, there are several key features that stand out for their importance in ensuring the most effective trading experience: ● Highly customizable design: A platform that adapts to your specific trading needs can enhance your decision-making process. ● Order flow focused: Understanding the flow of orders gives you insight into market trends and potential moves. ● Advanced quant-based tools: For those who rely on quantitative analysis, platforms equipped with sophisticated modeling tools are indispensable. ● Free flatforms vs. paid options: Your budget may influence whether you opt for a free platform or invest in a more advanced paid version. ● Web or mobile-based solutions: Depending on your trading lifestyle, you might prefer a platform that offers the convenience of mobile trading or the robustness of a web-based application. Popular Trading Platforms To Consider With different capabilities appealing to different types of traders, various trading platforms offer their own unique appeal. Below, we take a brief look at some of the more popular ones: ● EdgeProX: Tailored for the active futures trader, EdgeProX stands out as an all-in-one solution. It marries long-standing common platform features with the specialized needs of active traders, incorporating customizable executions, trading analytics and unique features like a custom indicator to determine your theoretical breakeven price and a visual indication on your chart or depth-of-market that updates as you add to positions or take profits/losses. ● Sierra Chart: Sierra Chart caters to the advanced and analytical trader, focusing on professional trading and charting. Its adherence to open specification protocols and provision of both real-time and historical data make it a powerhouse for technical analysis. It’s known for its stability, customization capabilities and support for a wide range of markets, making advanced trading accessible to all. ● TradingView: For the multi-asset trader, TradingView offers incredible versatility through its vast library of indicators, community involvement and tools for detailed technical analysis across multiple timeframes. The TradingView platform enables traders to explore futures alongside stocks, cryptocurrencies and more. Its community-driven approach and integration with various brokers also streamlines the trading process, making it a hub for traders and investors alike. Elevating Your Trading Experience With EdgeClear EdgeClear, with its flagship platform EdgeProX, could provide traders with an unmatched futures trading experience. One of the platform's key strengths is its versatility in data sourcing with feeds like Rithmic, CQG and IQFeed – ensuring traders access diverse and reliable market insights. The platform's utilization of the MBO feed also provides greater depth, including exact queue positions and order sizes, for even more informed decision-making. EdgeProX caters to a broad audience through compatibility with multiple operating systems and a Java code-base that allows for custom enhancements. Notably, this advanced functionality does not come at a premium, making EdgeProX an accessible option for traders seeking a comprehensive yet affordable trading solution. Overall, EdgeProX embodies EdgeClear's commitment to delivering a superior trading experience, offering the perfect blend of performance, customization and cost-effectiveness for serious futures traders. Making An Informed Choice Ultimately, choosing the right futures trading platform isn’t just about comparing basic features; it involves considering how a platform’s specific capabilities align with your trading strategies and goals. Whether your focus is on minimizing costs, accessing diverse markets or utilizing advanced feeds and analytical tools, the choice of platform can greatly impact your trading efficiency and success. Platforms like EdgeProX, Sierra Chart and TradingView offer distinct advantages tailored to different trading needs, ensuring that whether you're an active trader, an analytics enthusiast or a multi-asset strategist, there's a solution that fits your approach to the futures market. That being said, if you’re an active futures trader, EdgeProX could offer a compelling case as an ideal all-in-one solution. Featured photo by Austin Distel on Unsplash. A forward-thinking futures broker. Led by industry experts who understand the complexities of trading, Edge Clear combines the best of technology, service and risk control. This content is for informational purposes only and is not intended to be investing advice. This post is part of a paid marketing agreement. Contact Details Max Timmins max@edgeclear.com

May 15, 2024 08:25 AM Eastern Daylight Time

Image
Article thumbnail News Release

NextEnergy Solar Fund announces dividend target increase and strategic achievements

NextEnergy Solar Fund Ltd

NextEnergy Solar Fund Ltd (LSE:NESF) manager Ross Grier joined Proactive's Stephen Gunnion with news of a significant increase in its latest dividend, marking the 11th consecutive year of dividend growth. The solar energy investment company offers a dividend yield of approximately 11%, which Grier highlighted as one of the highest in the sector and across the FTSE 250. This makes NESF an appealing investment for those seeking steady income, Grier told Proactive. Grier explained that NESF's success is underpinned by a robust portfolio of physical infrastructure assets, providing stability in portfolio value and exceptional annual yields. Since its initial public offering, NESF has returned about £345 million in dividends to its investors, equating to approximately £0.68 per £1 invested initially. Additionally, NESF has reached a milestone of 1 gigawatt of installed capacity, distinguishing itself among its peers and contributing significantly to the transition towards a net-zero future. Grier also mentioned recent strategic financial maneuvers, including the refinancing of revolving credit facilities at attractive rates and ongoing capital recycling efforts, which are expected to reinforce the fund's balance sheet and support sustainable growth. Overall, these strategic and operational highlights align with NESF's long-term mission to deliver consistent returns and contribute to environmental sustainability through renewable energy investments. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

May 15, 2024 08:02 AM Eastern Daylight Time

Video
Article thumbnail News Release

CONSENSUS HEALTH’S MARK A. RIEGER, MD NAMED AMONG NJBIZ MAGAZINE’S 2024 HEALTHCARE HEROES

Consensus Health

Consensus Health, a leading New Jersey-based healthcare organization with a physician-led medical group and an Independent Physician Alliance (IPA), announced today Mark A. Rieger, MD, senior partner physician, senior surgeon and medical group board member, was named a 2024 Healthcare Hero by NJBIZ Magazine, a leading business journal covering New Jersey. The Healthcare Heroes Awards program was created to recognize excellence, promote innovation and honor the efforts of individuals and organizations making a significant impact on the quality of health care throughout New Jersey. Submissions are reviewed and winners chosen by a panel of independent judges. The 2024 program recognized individuals and organizations across 11 categories. A pioneering pediatric orthopedic physician, Dr. Rieger is credited with many achievements that significantly impacted care – and continue to – for children across New Jersey. These accomplishments include, among others, introducing various, less invasive, diagnostic screening tools; creating physician groups led by acclaimed doctors; educating local healthcare professionals on specific diseases and care protocols; convincing local healthcare facilities to employ safer testing methods; and, holding leadership positions, all of which truly elevated pediatric orthopedic medical care statewide. “This honor means more than words can ever express. What I have always strived to do is to improve the lives of children faced with orthopedic challenges and ensure their safety throughout their patient journeys. I have been committed to this endeavor for 35 years, and the recognition I now earned from NJBIZ through their Healthcare Heroes Awards program is indicative of my unwavering desire to positively impact pediatric orthopedic care across the state. I am grateful to the judges and the entire Consensus Health Medical Group team, and of course, my patients and their families. You all are the reason I remain committed to improving quality of care and realizing positive patient outcomes, day in and day out,” Dr. Rieger explained. Michael Lovett, Consensus Health chief executive officer, commented: “Dr. Rieger and his unrelenting commitment to children throughout New Jersey has allowed Consensus Health Medical Group to truly stand out in the community. Patients from near and far travel to New Jersey to see Dr. Rieger and benefit from his distance expertise. We are privileged to have him as part of our group, and very proud of his accomplishments and contributions to the health of New Jersey children. From all of us at Consensus Health, we extend our sincerest congratulations to Dr. Rieger on this honor and thank him for his dedication to our patients.” NJBIZ Healthcare Heroes honorees will be recognized during an in-person awards ceremony on Tuesday, June 25 th, 8:00 AM – 10:30 AM at The Palace at Somerset Park. Accompanying the event will be a publication supplement highlighting their accomplishments. The supplement will be inserted into the July 8, 2024 issue of NJBIZ. About Consensus Health Marlton, New Jersey-based Consensus Health is a leading physician-owned and -governed medical group comprised of New Jersey-based independent primary care providers and specialty doctors. Consensus Health affords its 166 member physicians across 56 practices and 69 locations clinical autonomy, which enables them to focus on the delivery of high levels of patient care within the local markets they each serve. Currently, Consensus Health provides medical care statewide throughout 18 New Jersey counties. For more information, visit www.consensushealth.com or connect with the Company on LinkedIn. Contact Details PAIRELATIONS, LLC Susan J. Turkell +1 303-766-4343 sturkell@pairelations.com Company Website https://www.consensushealth.com/

May 15, 2024 08:00 AM Eastern Daylight Time

Article thumbnail News Release

NAVEX Unveils Compliance Program Management: DOJ Guidance

NAVEX Global

NAVEX, the global leader in integrated risk and compliance management software, announces the release of NAVEX Compliance Program Management: DOJ Guidance. This news comes on the heels of NAVEX’s recent addition of global whistleblowing rules and regulations to the Compliance Program Management solution. Compliance professionals can now navigate corporate governance regulations by mapping their current program to the latest Department of Justice (DOJ) guidelines, pinpointing weaknesses in minutes. A NAVEX survey found that nearly 44% of companies reported at least one regulatory investigation or enforcement action in the past two years. NAVEX Compliance Program Management: DOJ Guidance helps compliance professionals gain instant insights into gaps and vulnerabilities, ensuring their program meets DOJ expectations and minimizes their risk of legal penalties. “Compliance teams today struggle to identify areas of focus, particularly within DOJ guidance,” says Jazz Mimoun, global ethics program director at onsemi. “NAVEX Compliance Program Management: DOJ Guidance can be a useful tool to identify those areas and conduct internal analyses and risk assessments that actively improve a compliance program more effectively.” The solution translates DOJ guidance on corporate compliance into straightforward control recommendations backed by input from industry experts and GRC industry leaders. It removes the frustration of keeping pace with evolving regulations and offers a clear roadmap to: Clarify compliance with expert input: Translate open-ended compliance guidelines from the DOJ to clear-cut compliance statements vetted by legal experts. Score statements to quantify program performance and identify gaps and shortfalls. Demonstrate program value: Organize and score all GRC programs in a single web-based platform. Prove program value and effectiveness with digestible dashboards and board-ready reports. Stay audit ready: A single source of truth for collecting, organizing and accessing evidence of compliance activities and program structure, making it easier and more cost-effective to stay audit ready. Reduce unseen compliance risk: A program designed with industry-proven structures is the best defense against unknown or unwanted risks. Design and deploy a GRC program to effectively predict, manage, and mitigate those risks. "Companies are facing a lot of challenges that go beyond regulatory compliance. They're dealing with resource constraints, technology integrations, cross-departmental collaboration and more,” says NAVEX Chief Product Officer, A.G. Lambert. "NAVEX Compliance Program Management: DOJ Guidance will immediately help compliance professionals navigate many of these challenges upfront." For more information, visit NAVEX Compliance Program Management: DOJ Guidance. And read our blog. NAVEX is trusted by thousands of customers worldwide to help them achieve the business outcomes that matter most. As the global leader in integrated risk and compliance management software and services, we deliver our solutions through the NAVEX One platform, the industry’s most comprehensive governance, risk and compliance (GRC) information system. Contact Details NAVEX +1 617-388-5773 scott.levesque@navex.com Company Website https://navex.com

May 15, 2024 08:00 AM Eastern Daylight Time

Article thumbnail News Release

ETFSwap (ETFS) Crosses 4,000 Users With $1.5 Million Raised

ETFSwap

ETFSwap (ETFS), an emerging decentralized cryptocurrency and Exchange-Traded Funds (ETFS) platform, has achieved a series of significant milestones, marking a historic moment in its development and presale. With the support and confidence of thousands of users and investors worldwide, this ground-breaking platform is experiencing a meteoric rise in popularity. In addition, ETFSwap (ETFS) is gaining global recognition as a significant player in the tokenized ETF market. It offers a platform that is both distinctive and accessible, as well as unique and user-friendly, for trading cryptocurrencies and ETFs. ETFSwap (ETFS) Records Unprecedented Surge To Cross 4,000 Users As of November 2023, the global ETFs industry reached a valuation of $10.99 trillion and has been growing rapidly ever since. Given this expansion, an increasing number of cryptocurrency enthusiasts and investors have looked for ways to engage with the potential in this sector. ETFSwap (ETFS) emerges as a bridge between the traditional and Decentralized Finance (DeFi) ecosystem. This platform offers investment opportunities for global investors, exposing them to trillion-dollar sectors such as health, energy, technology, commodities, and more ETFSwap (ETFS) offers crypto investors a novel service that has never been seen in the industry. It allows access to the trillion-dollar traditional ETFs market, allowing them to expand their investment portfolio by tokenizing these assets for easy trading. But perhaps where ETFSwap (ETFS) really outpaces its competitors is that it presents an easy on-and-off ramp for trading ETFs using both crypto and fiat, coupled with the decentralization of the Ethereum blockchain. Over the next year, the platform plans to complete its roadmap with the full launch of the ETFSwap (ETFS) trading platform open for all. Additionally, it’ll launch its partnership program, launch its staking decentralized application (DApp), and roll out community rewards. Its token will launch on decentralized exchanges such as Uniswap, with open public trading to follow. This comes with a full-blown marketing roll-out such as CoinMarketCap fast-track, Key Opinion Leaders (KOLs), and token competitions. The ETFSwap (ETFS) platform has undergone a rigorous audit by CyberScope, a leader in the blockchain security industry. The audit found no vulnerabilities in its contract, with the company declaring it safe for investment. Ahead of its full platform launch, the company is focused on securing all necessary licenses required to bring this novel service to investors worldwide. To sweeten the pot, it requires no KYC (Know Your Customer), which means investors just need to connect their wallet to start trading on the website. ETFSwap (ETFS) is already seeing unparalleled adoption amongst users across diverse regions globally. Currently, the innovative platform has recorded more than 4,000 users in just a few weeks. This surge in adoption is fueled not only by ETFSwap’s (ETFS) advanced trading technology and capabilities but also by the rising interest in tokenized ETFs within the digital asset landscape. Key Milestones and Presale Progress Thanks to ETFSwap users’, ETFSwap (ETFS) has successfully hit key developmental milestones. With the help of institutional investors, ETFSwap (ETFS) successfully raised over $750,000 in its private fundraising round. In addition to the growth of ETFSwap's user base, the first stage of the ongoing presale has seen over 75 million tokens sold. The ETFSwap team noticed the increase in sales and, with a strategic decision, has raised the ETFS token price from $0.00854 in its first presale stage to $0.01831 during the second stage. The public presale has also collectively raised over $1.5 million in a few weeks. For more information about the ETFS Presale: Users can visit ETFSwap Presale Users can join The ETFSwap Community Contact Details Jacob Moss info@etfswap.io

May 15, 2024 08:00 AM Eastern Daylight Time

Article thumbnail News Release

Bluefield Solar Income Fund reports strong quarter as hedging strategy counters weaker prices

Bluefield Solar Income Fund

Bluefield Partners managing partner James Armstrong discusses the Bluefield Solar Income Fund's financial performance with Proactive's Stephen Gunnion. In the quarter to 31 March, 2024, the Fund showed resilience, with NAV dropping only slightly due to effective power hedging strategies against fluctuating power prices. The income strategy, which has been consistent since its IPO 11 years ago, includes a significant percentage of power sales hedged for 2024 and 2025, maintaining an income product with a prospective yield of over 8% for shareholders. Armstrong highlighted the Fund's shareholder strategies, including a share buyback program, which bought back 2.45 million shares in March and continues towards a target of £20 million. Despite a 20% discount to net asset value, the Fund reported the strongest financial performance in over a decade, attributed to strategic management and market conditions. Additionally, Armstrong detailed a strategic partnership with GLIL Infrastructure, signaling a long-term commitment to infrastructure investments and asset management aimed at boosting liquidity and reducing company debt. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

May 15, 2024 07:15 AM Eastern Daylight Time

Video
1 ... 5859606162 ... 3618