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

Trust & Will Named to the 2024 CNBC Disruptor 50 List For Pioneering Online Estate Planning

Trust & Will

Trust & Will, the leading digital estate planning and settlement platform in the U.S., announced its inclusion in the CNBC Disruptor 50 list today. This prestigious annual list, published by CNBC, the global leader in business news, highlights some of the most innovative venture-backed companies disrupting their respective industries and driving change across the business world. The CNBC Disruptor 50 recognition follows a remarkable period of company growth that includes several significant milestones: Unveiled a refreshed Trust & Will for Advisors platform Expanded product offering to include probate and settlement services Hired several key executives to join the leadership team Achieved B Corporation certification Named to the Inc. 5000 list (#363 overall; #21 in financial services) With more than 700,000 users, Trust & Will’s platform has experienced a 1300% growth rate, according to Deloitte, and will reach even more families in 2024 and beyond to help with estate planning and probate. Trust & Will is poised for hyper-growth mode growth as more generations understand the importance of estate planning, codifying their legacy for the future, and preparing for the impending ‘Great Wealth Transfer.’ "Empowering families to leave a lasting legacy is our mission, and it’s an honor to be named to the CNBC Disruptor 50 for our pioneering work bringing estate planning to as many Americans as possible," said Cody Barbo, Founder and CEO of Trust & Will. “Planning for the future is one of the most important acts a family can take amid the chaos of everyday life, and we’ve made it as simple and affordable as possible. The years ahead should be even more ambitious for our organization as we work to get millions more Americans to prioritize estate planning.” The CNBC Disruptor 50 list highlights today's most forward-thinking and ambitious companies that are fundamentally changing their industries. Trust & Will joins a venerable group of companies featured on the list over the years, including OpenAI, Airbnb, Uber, and SpaceX. All submissions were subject to a comprehensive and rigorous process of research and evaluation across a wide range of quantitative and qualitative criteria, as well as feedback from CNBC's editorial staff and a global pool of entrepreneurial experts from around the world. For the full list of Disruptor 50 companies, please visit www.cnbc.com/cnbc-disruptors. ABOUT TRUST & WILL Trust & Will is simplifying estate planning and settlement with attorney-approved, legally valid documents and processes designed to adhere to individual state guidelines. Since 2017, we’ve helped hundreds of thousands of Trust & Will members leave their legacy with an affordable way to create an estate plan or settle the estate of a loved one. Our platform uses bank-level encryption that protects customer data and complies with the highest security standards, including SOC 2 and HIPAA. Trust & Will is the official estate planning benefit provider for AARP members, along with several leading financial institutions, who all believe in our mission of helping every family leave their legacy. To learn more, visit trustandwill.com. Trust & Will is an online service providing legal forms and information. Trust & Will is not a law firm and does not provide legal advice. Contact Details Danielle Nuzzo +1 631-807-7772 danielle@trustandwill.com Company Website https://trustandwill.com

May 14, 2024 07:00 AM Eastern Daylight Time

Article thumbnail News Release

Bacula Announces New Features for HPC Backup and Recovery

Bacula Systems

Expanding its leadership in high security backup and recovery for HPC and demanding IT environments, Bacula Systems today announced new features designed specifi­cally for HPC customers. Bacula is also proud to announce partnerships with many of the in­dustry’s leading performance storage providers. "Bacula is the only solution capable of handling billions of files in extremely high-throughput applications. Bacula’s participation in the ISC Hamburg exhibition demonstrates its full commitment to helping HPC customers save time and considerable costs" said Gopal RajGuru, Bacula CEO. Enhancing Bacula’s exceptionally broad storage and Cloud compatibility, a new lock function has been added to align the immutable status of backup data with the backup retention configured in Bacula. Bacula’s Cloud Storage Class is now also configurable in Azure, Oracle and Google. This allows precise control over where to store each backup set, using any kind of criteria, directly from Bacula without touching the destination Cloud storage configuration. Bacula helps HPC customers automate complex tasks with a new Large Backup File Split feature, which speeds the back up of large numbers of files by splitting the work­load into concurrent backup processes in a simple, smart and automatic way. This saves HPC customers significant amounts of time for very large datasets, and Bacula automatically manages the backup to any file-server or NAS. “Bacula also reduces the possibility of human error by eliminating the need for a configura­tion update process. This is particularly useful when many users create complex folder struc­tures with lots of different files where the distribution of the data varies dynamically in an unpredictable way” said Jorge Gea, CTO of Bacula Systems. Partnerships: Bacula is also delighted to announce a number of new strategic partnerships with the most high-performance and secure storage specialists to build on its growing momentum in the HPC industry, including: ExaGrid: ExaGrid provides Tiered Backup Storage with a unique disk-cache Landing Zone, long-term retention repository and scale-out architecture. ExaGrid’s Landing Zone provides for the fastest backups, restores, and instant VM recoveries. The Repository Tier offers the lowest cost for long-term retention. ExaGrid’s scale-out architecture includes full appliances and ensures a fixed-length backup window as data grows, eliminating expensive forklift up­grades and product obsolescence. ExaGrid offers comprehensive security and is the only two-tiered backup storage ap­proach with a non-network-facing tier, delayed deletes, and immutable objects to recover from ransomware attacks. Combined with the power of Bacula Enterprise, ExaGrid Tiered Backup Storage provides a backup solution for HPC organizations with the highest performance, security, and scalability at the best price. Storj: Bacula has launched a strategic partnership with Storj, which delivers faster cloud object storage at 90% less cost than AWS S3 while dramatically reducing data’s carbon footprint. Storj achieves this by leveraging unused global storage space to create a highly-secure global network, eliminating the need for costly data centers and providing enterprise-level durability and high performance without data replication. With Bacula and Storj, businesses save up to 90% on cloud storage with increased security and lower costs. Storj Chief Revenue Officer Colby Wineger said, “Storj is very pleased to partner with Bacula to lower customers’ costs and upgrade enterprise data backup and recovery. Together we help to protect organizations from the problems of downtime and data breaches with a cost-effective approach and lighting-fast downloads.” SoftIron: SoftIron is a world-leader in true private cloud. Its superior, purpose-built hardware is designed, developed and manufactured in house, and it is the only manufacturer to offer auditable provenance. HyperCloud by SoftIron allows organizations to build a true private cloud on-premises that deploys, manages and consumes like public cloud. HyperCloud provides the elasticity of cloud in a solution that is fast and simple to deploy, driving extreme agility. Combined with Bacula, SoftIron’s solution is perfect for scalable backup and recovery. Backblaze: Backblaze makes it astonishingly easy to store, use, and protect data for various industries, including HPC customers. Backblaze B2 Cloud Storage provides an infinitely scalable foundation for researchers, businesses, developers, IT professionals, and individuals to build applications, host content, manage media, backup and archive data, and more. Backblaze and Bacula customers enjoy no minimum retention penalties, no egress fees, highly performant and secure cloud storage at dramatically lower prices. With over three billion gigabytes of data storage under management, the company currently works with more than 500,000 customers in over 175 countries. Wasabi Technologies: Recognized as one of the technology industry’s fasting growing companies, Wasabi is on a mission to store the world's data by making cloud storage affordable, predictable and secure. With Wasabi, visionary companies gain the freedom to use their data whenever they like without being hit with unpredictable fees or vendor lock-in. Instead, they’re free to build best-of-breed solutions with the industry’s fastest-growing ecosystem of independent cloud application partners. Customers and partners all over the world trust Wasabi to help them put their data to work so they can unlock their full potential. Visit wasabi.com to learn more. About Bacula Systems: Bacula Enterprise is a highly secure, scalable backup and recovery software for HPC, large organizations, data centers and MSPs. Bacula’s customers include NASA, Warner Bros. Discovery, and Navisite. www.baculasystems.com Contact Details Rob Morrison rob.morrison@baculasystems.com +41 21 641 60 80 rob.morrison@baculasystems.com Company Website https://www.baculasystems.com/

May 14, 2024 05:00 AM Eastern Daylight Time

Article thumbnail News Release

HANetf's Hector McNeil discusses shifting investment focus beyond 'Magnificent Seven'

HANetf Holdings Limited

HANetf co-founder and co-CEO Hector McNeil suggests a strategic shift in investment from dominant tech stocks to broader tech themes. In an interview with Proactive's Stephen Gunnion, McNeil advocated diversifying away from the 'Magnificent Seven,' big tech firms, due to their high PE ratios and concentration risks. He highlights the potential of broader tech investments, particularly through ETFs that offer diversified exposure across various tech sub-sectors, including robotics, cybersecurity, and digital entertainment. McNeil emphasised the benefits of equal-weighted ETFs, such as the HAN-GINS Tech Megatrend Equal Weighted UCITS ETF (ITEK) which ensures no single stock dominates the index, providing a balanced investment approach. Additionally, he explored opportunities outside the traditional tech sector, particularly in emerging markets. McNeil underscored the growth potential in the e-commerce sector within these markets, driven by high growth rates and an absence of state-owned enterprises. He pointed out specific ETFs like the EMQQ Emerging Markets Internet & Ecommerce UCITS ETF (EMQQ), which focuses on major market e-commerce, and discussed the significant gains of companies like Pinduoduo and Tencent. McNeil also mentioned the Future Defense UCITS ETF (NATO), which has gained traction by capitalising on the rising importance of cybersecurity in global defence strategies. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

May 13, 2024 10:43 AM Eastern Daylight Time

Video
Article thumbnail News Release

Finseta doubles revenue, turns a profit in transformational year

Cornerstone FS PLC

Finseta CEO James Hickman tells Proactive's Stephen Gunnion the company experienced a transformative year in 2023 as it doubled of revenue and reported a pretax profit of £1.3 million, a significant recovery from a previous loss. Hickman attributed the improvement to a strategic refocus on enhancing the sales pipeline, expanding the payments network, and refining the product and geographical reach. Key strategic changes included shifting from indirect to direct client interactions, which increased the proportion of revenue from direct clients from 78% in 2022 to 95% in 2023. This shift also resulted in margin improvements and an increase in the average transaction value as the company began serving not only small businesses but also medium-sized businesses and high-net-worth individuals. The company also underwent a rebranding from Cornerstone PLC to Finseta, aimed at differentiating itself in a crowded market and reflecting its evolved business strategy and ethos. Furthermore, Finseta expanded its international presence, partnering with best-of-breed payment companies and banks to enhance its service offerings globally. Noteworthy developments included a new corporate card scheme with Mastercard and the approval to provide payment services in Canada, emphasizing Finseta's commitment to geographical and service expansion in its operations. Contact Details Proactive UK Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

May 13, 2024 10:25 AM Eastern Daylight Time

Video
Article thumbnail News Release

Phil Dervan appointed by Bacula Systems as Global Partner Strategy Director

Bacula Systems

Expanding its leadership in high security backup and recovery for HPC and demanding IT environments, Bacula Systems today announced it has appointed Phil Dervan as its Global Partner Strategy Director. Dervan will be responsible for overseeing and managing the relationships Bacula has with each of its partners, to help them further grow their business and deliver Bacula's value to customers. Dervan will increase Bacula's ability to adapt to changing market conditions, customer needs and partner feedback, as, in turn, it introduces its partners to increasingly large projects that need Bacula's high security protection and performance. “Phil's ability to constructively collaborate with technology partners, create and execute joint strategies and initiatives come at an exciting time for Bacula, when its highly secure backup and recovery software is increasingly being adopted by large enterprises with demanding IT environments. Having the right strategic partners can help Bacula bring even more value, especially in the areas of scalable storage, systems integration and high-performance Cloud providers" said Gopal RajGuru, CEO of Bacula Systems SA. "Bacula provides the missing link that storage providers and systems integrators need to provide their customers with a truly scalable, secure and resilient backup and recovery solution", said Dervan. "Other backup vendors may be effective in straightforward IT environments, but as soon as it gets complicated, more enterprise-grade and customizable software is needed. That's where Bacula comes in", said Dervan. Dr. Philip Dervan has held roles in Pre-Sales, Global Product Management Sales Operations, Partner Strategy, Partner Business Development and Solution Management positions. In 2002, Phil relocated to the USA from his native England, and lives in the greater Boston area. Phil worked at SAP for 23 years. Prior to SAP, Phil has more than 15 years of expertise in various line of business roles, as well as in strategic roles at Pirelli in the UK and in Italy. Phil holds an MBA and a PhD from the University of Southampton in the UK. Bacula’s customers include NASA, Warner Bros. Discovery, and Navisite. About Bacula Systems: Bacula Enterprise Edition is a highly scalable backup and recovery software for large organizations, data centers and MSPs. www.baculasystems.com Contact Details Rob Morrison rob.morrison@baculasystems.com +41 21 641 60 80 rob.morrison@baculasystems.com Company Website https://www.baculasystems.com/

May 13, 2024 06:27 AM Eastern Daylight Time

Article thumbnail News Release

Utilities Sector ETF XLU Top Holdings

Select Sector SPDR

The Utilities Select Sector SPDR Fund ( XLU ) top holdings provide valuable insights into the key assets that constitute the fund's portfolio, offering investors a comprehensive view of its composition. XLU's Key Assets The top 10 holdings* of the Utilities sector ETF, XLU, include key players in the industry. The holdings are led by NextEra Energy at 13.93% of the ETF, followed by Southern Co. at 8.13%, Duke Energy at 7.68%, Constellation Energy at 6.02%, American Electric Power Co. at 4.59%, Sempra Energy at 4.57%, Dominion Energy at 4.32%, Exelon Corp. at 3.79%, PG&E Corporation at 3.70%, and Public Service Enterprise Group at 3.49%. These top holdings collectively represent 60% of the total assets within XLU. Boasting more than $16 billion in assets and a low total expense ratio of just 0.09%**, XLU offers a convenient gateway to this essential industry. XLU’s holdings provide investors seeking transparency and clarity regarding the composition of a fund that exclusively invests in utilities. By providing daily detailed information on its top holdings, XLU aims to enhance investor confidence and facilitate informed decision-making within the utilities sector. Investors and industry observers are encouraged to leverage this information to gain comprehensive insights into XLU's underlying holdings, enabling a deeper understanding of the intricacies of ETFs and mutual funds within the utilities sector. Decoding XLU's Investment Strategy XLU maintains a focused investment approach tailored to the unique dynamics of the utilities industry. The companies included in this fund are crucial to driving our economy forward, making the utilities sector an essential area of focus. 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 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. SEL007510 EXP 7/31/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

May 13, 2024 05:00 AM Eastern Daylight Time

Article thumbnail News Release

Analyst's Bold SOL Forecast Grabs Headlines; KANG and DOGE Reign Supreme in the Meme Coin Space

Kangamoon

The crypto market was recently shaken after analyst Altcoin Sherpa made a bold Solana (SOL) price prediction. Meanwhile, KangaMoon (KANG) and Dogecoin (DOGE) are soaring in the meme coin space. In fact, numerous analysts claim that KANG, which is now in Stage 5 of its presale, could become the next 100x meme coin in 2024. Today, we find out why. Altcoin Sherpa: The Solana Price Could Surge to $500 Solana (SOL) has been showing some volatility in the market. CoinMarketCap data shows that the price of SOL fell from $154 to $133 on the one-week chart. In that time, the Solana market cap also moved between $68B and $59B. However, crypto analyst Altcoin Sherpa remains bullish. In his new tweet, he predicts SOL's growth to $500 this year. From a technical analysis standpoint, this prediction could come true. For example, the Solana coin trades above its 100 and 200-day EMAs. As a result, experts have made a bullish Solana price prediction - reaching $177 before the end of Q2 2024. KangaMoon (KANG): Among the Best Meme Coins To Buy As Solana steals all attention, other cryptos are still making headlines. KangaMoon (KANG) is one coin that has shone with its stellar presale performance. Notably, this meme coin has already raised over $6M and will reach $7M before May 2024 ends. There are now over 6K KANG holders and 20K registered community members. Evidently, global traders are interested in this meme coin since it will bring something new - utility. KANG will be the main in-game currency for KangaMoon's upcoming P2E game. With this meme coin, you can buy in-game items as well as upgrade characters. This utility immediately separates KANG from 99% of other meme coins, which are hype-driven only. Another aspect that makes KangaMoon different is its community-driven focus. For instance, KangaMoon rewards its most active community members with free KANG tokens before its launch. Thus, 20K members rush to like/share/comment on KangaMoon's social media posts and earn this meme coin for free. Early buyers of KANG have already experienced a 290% ROI as KANG costs $0.0196 in Stage 5 of its presale. But remember that KangaMoon has ties to the P2E gaming market, which may reach $885M by 2028. This means that KANG's long-term growth potential is outstanding. Experts foresee a 100x jump once this meme coin gets a Tier-1 CEX listing in Q2 of 2024. Analyst Kevin Makes a Bullish Dogecoin Price Prediction Meanwhile, Dogecoin (DOGE) is another meme coin that is seeing some bullish signs. For example, the Dogecoin volume has jumped 26% in the past week alone. In that period, the price of DOGE fluctuated between $0.15 and $0.13. Based on the historical performance, analyst Kevin predicts that this meme coin may soar to $3.80. The technical analysis for the Dogecoin crypto also shows bullish signals. For example, DOGE is trading above its 100 and 200-day EMAs. Thus, experts foresee a rise to $0.21 for Dogecoin within Q2 of 2024. Solana vs. KangaMoon vs. Dogecoin - Which One Rises First? In the battle between Solana, KangaMoon, and Dogecoin, the spotlight shines on KangaMoon. This is because KANG boasts a low market cap of $19.6M, hinting at its potential for explosive growth with fewer new funds needed for its price to skyrocket. If you want this meme coin, sign up for its presale and get a 10% bonus. 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/

May 11, 2024 05:39 AM Central Daylight Time

Image
Article thumbnail News Release

USITC Issues Affirmative Preliminary Determination in Trade Case Against Imports of Ferrosilicon from Brazil, Kazakhstan, Malaysia and Russia

U.S. Ferrosilicon Producers

The U.S. International Trade Commission (USITC) preliminarily determined today that ferrosilicon imports from Brazil, Kazakhstan, Malaysia and Russia are causing material injury to the U.S. industry. All four Commissioners voted in the affirmative. The Commission’s unanimous vote comes in response to petitions filed on March 28 by CC Metals and Alloys, LLC (“CC Metals”) and Ferroglobe USA, Inc. (“Ferroglobe”), who together account for all American ferrosilicon production. The petitions allege that unfairly priced and subsidized ferrosilicon imports are injuring the U.S. industry and its workers. Ferrosilicon is a critical input used to produce steel and foundry products, making preservation of the American industry a matter closely related to significant national security priorities. “Producers in Russia, Kazakhstan, Malaysia, and Brazil are using predatory pricing practices to take market share from American producers. This distorts the market and puts American workers out of jobs,” said Marco Levi, Chief Executive Officer of Ferroglobe PLC. “Today’s vote is encouraging. It brings us one step closer to ensuring a level playing field.” On April 17, the U.S. Department of Commerce (Commerce) initiated eight antidumping (AD) and countervailing duty (CVD) investigations into imports of ferrosilicon from Russia, Kazakhstan, Malaysia, and Brazil. "Today's vote validates the data in our petitions and questionnaires showing the serious harm inflicted by unfair imports," said Chris Cobb, Plant Manager of CC Metals and Alloys, Inc. " We applaud the USITC for taking this step toward restoring fair competition to the U.S. market and confidence to U.S. workers and consumers. We look forward to seeing our trade laws enforced.” Commerce is continuing its investigations and will make preliminary CVD determinations as early as June 2024 and AD determinations as early as September 2024. If the determinations are affirmative, provisional AD and CVD duties will be collected based on the preliminary margins calculated by Commerce and potentially applied retroactively. About the CC Metals and Ferroglobe CC Metals traces its roots back to 1949, when it was founded as a producer of large-volume commodity ferroalloys for the steel industry in Calvert City, Kentucky. Today CC Metals is an ISO 9001 certified leading manufacturer of more than 40 different products including 18 different ferrosilicons and more than 20 different magnesium ferrosilicon inoculants, high purity, 3%-9% magnesium and proprietary alloys. CC Metals ships over 100,000 metric tons of finished product annually from its manufacturing facility in Calvert City, KY via barge, rail and truck. Ferroglobe USA, Inc. is a wholly-owned U.S. subsidiary of Ferroglobe PLC, a world leading producer of silicon metal and ferroalloys, serving a customer base across the globe in dynamic and fast-growing end markets, such as solar, automotive, consumer products, construction and energy. Through its subsidiaries, Ferroglobe operates metallurgical manufacturing facilities and mining sites in Alabama, Indiana, Kentucky, Ohio, South Carolina, and West Virginia. For more information, visit https://www.ccmetals.com/ and https://www.ferroglobe.com/ Contact Details Elizabeth Heaton +1 202-445-9858 elizabeth@eahstrategiesllc.com

May 10, 2024 04:10 PM Eastern Daylight Time

Article thumbnail News Release

Did the Next Crypto Bull Run Begin? BTC Price Tops $64K and ETH Rises Above $3K. Raboo ICO Brings in Over $1 mil

Total Media

Last week started with a bullish trend and the crypto-market saw significant price movements. The BTC price passed the $64,000 mark and the ETH price hit $3,100. Amid the excitement, Raboo, the new crypto sensation of the DeFi world, raised over $1 million in its ongoing presale and is quickly heading for a 100x surge after its ICO. Bitcoin (BTC): The BTC price is quickly recovering As the first and biggest cryptocurrency in the world, the Bitcoin (BTC) price acts as a proxy for the entire market. Consequently, the recent post-halving drop in the price of Bitcoin triggered a market-wide bearish trend, nudging investors to liquidate their positions in anticipation of new growth signals. These market behaviors stand as a testament to Bitcoin's relevance to the entire crypto ecosystem. The latest growth in the Bitcoin (BTC) price resulted in a rebound for the entire market, with most tokens showing a 10% growth over the last week. Additionally, experts believe that the Bitcoin price is going to hit $75,000 in the coming months as more and more institutional investors are injecting funds into the crypto markets. Ethereum (ETH): What will happen to the ETH price in the following months? As the first to introduce smart contracts in the Web3 world, Ethereum soon became the second most valuable cryptocurrency by market cap. This great surge may be attributed to the importance of Ethereum in the whole crypto ecosystem, from the DeFi sector to the NFT industry. Unfortunately, despite all the enthusiasm around the project, the Ethereum (ETH) price is still hovering around $3000. Experts suggest that this high-volatility period should be expected and that the future of Ethereum is still looking bright. The majority of these voices claim that Ethereum is probably going to reach the $5000 mark in the coming months and that wise investors should act upon this opportunity and get ready for the start of the next bull run. Raboo (RABT): The next rising star of the crypto world Raboo is a new AI meme coin that has amazed the market with its unique mix of advanced technology, SocialFi mechanics, and community-driven philosophy. Investors are offered a variety of features such as AI-generated memes, social media content monetization via Raboo's post-to-earn platform, and different exclusive advantages. Thanks to its innovative technology and robust ecosystem, Raboo successfully attracted over 5,000 members to its vibrant community. Thus, with a starting price of only $0.0042 and optimistic predictions of a 100x payday for early investors, it's not hard to see why Raboo is viewed as a golden opportunity by gem hunters worldwide. Conclusion As the market recovers back from last month's bearish trend, investors are watching the Bitcoin (BTC) and Ethereum (ETH) prices for the start of the next bull run. This indicates a positive future for Raboo's presale, positioning the project as one of the best post-halving investments available for any gem hunter looking for their next 100x. Make sure you don't miss out on this golden opportunity! You can participate in the Raboo presale here. Contact Details Total Media Solutions media@Totalsolutionspr.io

May 09, 2024 04:05 PM Eastern Daylight Time

Image
12345 ... 542