by Penny Angeles-Tan | Dec 7, 2024 | Business
Explore Ethereum’s (ETH) journey to $3,900 and beyond with bullish predictions for 2025 and 2030. Discover key drivers like institutional inflows, whale activity, DeFi growth, and network upgrades, alongside critical resistance levels and long-term outlooks.
As the second-largest cryptocurrency by market capitalization, Ethereum (ETH) continues to captivate the market’s attention. Amid broader volatility, ETH’s performance suggests strong bullish momentum, supported by institutional interest, increasing on-chain activity, and favorable market sentiment.
Recent Performance and Price Movement
At the time of writing, ETH is trading at $3,895 after experiencing a 5.06% increase with its highest price in 24 hours being $3,901. The current ETH RSI value is even at 72 which means the buying trend is more dominant than the selling trend, even tending to be overbought.
The daily trading volume surged by 4% to over $42 billion, reflecting heightened investor activity. ETH has rebounded above the critical $3,500 resistance level, with technical indicators like the 50-day EMA crossing above the 200-day EMA signaling potential for further gains.
The uptrend aligns with a broader market shift. Bitcoin (BTC) recently reached $100,000, boosting investor confidence across the altcoin market, including Ethereum. However, ETH’s price remains 21% below its all-time high (ATH) of $4,891, set in November 2021.
Institutional Activity and ETFs Driving Growth
Institutional interest in Ethereum has intensified, particularly through exchange-traded funds (ETFs). U.S.—based spot Ethereum ETFs reported eight consecutive days of net inflows, totaling $901.3 million as of early December.
Key contributors include BlackRock’s ETHA fund, with $65.3 million in inflows, and Fidelity’s FETH fund, with $73.7 million.
Despite outflows from Grayscale’s Ethereum Trust (ETHE), the overall inflow trend indicates growing confidence among institutional investors, further supporting Ethereum’s price trajectory.
Whale and Retail Activity Boost On-Chain Metrics
Ethereum whales have played a pivotal role in recent price movements. Whales holding 10K to 100K ETH increased their holdings by 460K ETH in the past week, while those with larger stakes (100K to 1 million ETH) reduced theirs by 490K ETH. This redistribution suggests a shift of ETH from institutions to retail whales.
On-chain activity has also intensified, with Ethereum registering a net outflow of $820 million from exchanges over seven days, indicating accumulation by long-term holders. The total number of Ethereum holders rose to 133.21 million on December 4, emphasizing rising retail interest.
DeFi and Network Growth
Ethereum’s decentralized finance (DeFi) sector continues to thrive, with total value locked (TVL) reaching $72.9 billion. This robust ecosystem supports broader adoption and reinforces Ethereum’s position as a foundational blockchain for DeFi, NFTs, and decentralized applications.
Furthermore, staking flows have seen consistent inflows, reflecting long-term investor confidence. A growing amount of ETH is being locked in staking protocols, reducing available supply and supporting price appreciation.
ETH Price Predictions in 2025 & 2030 and Market Sentiment
Industry experts and financial institutions are optimistic about Ethereum’s long-term potential:
- Deltec Bank predicts ETH could reach $10,000 by 2025 and $22,500 by 2030.
- Standard Chartered projects a 2025 target of $14,000, citing Ethereum’s network upgrades and potential scalability improvements.
- Gigantic-Cassocked-Rebirth (GCR) anticipates a $10,000 price point, driven by DeFi growth and adoption of Ethereum 2.0.
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Finder analysts forecast an average price of $6,105 by 2025, underpinned by institutional investment and technological advancements.
Goldman Sachs has even suggested that Ethereum could surpass Bitcoin as a store of value, thanks to its extensive use in DeFi and its foundational role in blockchain innovation.
Challenges and Key Levels to Watch
While optimism abounds, Ethereum faces significant resistance at $4,000 and its ATH near $4,891. A clear break above these levels, supported by sustained volume and on-chain activity, could validate bullish patterns like the cup-and-handle formation, potentially driving ETH toward new highs of $7,000 or beyond.
However, a daily close below $3,400 could invalidate the current bullish thesis, sending ETH toward support levels around $2,817.
Conclusion
Ethereum’s recent rally is a confluence of institutional interest, strong on-chain metrics, and technological advancements. As it edges closer to the psychologically significant $4,000 mark, ETH appears poised for a defining move. While risks remain, the long-term outlook for the leading altcoin remains promising, with the potential to reclaim its ATH and embark on a new bullish cycle.
Investors should monitor critical resistance levels, market sentiment, and macroeconomic conditions to navigate the evolving landscape effectively.
by | Dec 6, 2024 | Business
Manila, Philippines – December 7, 2024, Kwento Co (and Boost Gio) are excited to team up as official media partners for Howlers Manila 3.0. This event is an epic cosplay and music festival set to take place at the CCP Open Grounds. It is highly anticipated because it will showcase performances from both international and local artists. There will also be a Guinness World Record attempt, however, the highlight will be an electrifying display of cosplayers and gaming enthusiasts. Although there’s a lot to look forward to, fans are eager to see what surprises await them!
Event Highlights:
The event is set to be a star-studded spectacle, featuring popular acts like Gym Class Heroes, Rico Blanco, James Reid, Flow G, G22 and many more. These artists will hit the stage (providing) unforgettable performances. Moreover, there’s a Guinness World Record attempt in the works: the goal is to break the record for the most cosplayers dressed as video game characters. Although it sounds challenging, this will definitely attract a lot of attention.
In addition, there will be a Cosplay Meet and Greet, showcasing top-tier cosplayers like Prince De Guzman, Awie, Roxanne and ZackT. This is a must-attend experience for fans and followers because it offers a unique chance to connect with their favorite characters. As media partners, Kwento Co and Boost Gio will provide the latest updates, exclusive behind-the-scenes coverage and a closer look at the event’s activities, artists and participants. Both platforms are committed to amplifying the excitement surrounding Howlers Manila 3.0, reaching audiences not just in the Philippines, but also beyond.
Ticket Information:
Silver: PHP 388
Gold: PHP 588
VIP: PHP 1,988
SVIP: PHP 3,988
Don’t miss this (extraordinary) day of entertainment and fandom! For more details, visit Howlers Manila: it’s a great place to learn more. Also, follow Kwento Co and Boost Gio for ongoing updates. However, be sure to check back often because you won’t want to miss anything exciting. Although it may seem overwhelming at first, this event promises to be fun!
About Kwento Co:
Kwento Co is a vibrant platform that brings stories and events to life (through captivating content). It engages audiences with real-time updates and creative coverage. However, many people may wonder how it achieves this. The answer is simple: it combines creativity with technology. Although some might think it’s easy, the process requires a lot of effort. This is why Kwento Co stands out in the crowded market. It’s not just about sharing stories; it’s about making them come alive.
About Boost Gio:
Boost Gio is your top source for lifestyle inspiration (it delivers powerful insights). Its results-driven content aims to help you level up your everyday experiences. However, many people may not realize how impactful these insights can be. This platform provides valuable information that can change your daily life. Although some might think it’s just another website, it offers unique perspectives. Because of this, you can find motivation and ideas that resonate with your personal journey.
by | Dec 6, 2024 | Business
Motivation drives success, fuels determination, and turns dreams into reality. However, when does it matter the most? Identifying the key moments (where motivation makes all the difference) can help us push forward when it counts. The Importance of Motivation During Challenges: facing difficulties is a part of life. Motivation becomes crucial (especially) when obstacles seem impossible. Although it can be hard to stay motivated, doing so makes sure we keep moving forward. Whether it’s overcoming professional setbacks, academic struggles, or personal hardships, staying motivated gives us the energy to tackle problems head-on and find solutions. This is why (we need to keep pushing) ourselves, even if the going gets tough.
Dealing With Setbacks
Setbacks can shake our confidence. Motivation (which is super important) helps us rebuild and refocus. For instance, losing a job may feel devastating; however, staying determined can lead to better opportunities. Motivation encourages resilience (a key trait) for bouncing back. Although it can be tough at times, this is how we grow stronger. Because of motivation, we can overcome challenges, but it takes effort.
Managing Stressful Situations
Stress drains energy (which can affect how well we work) and hinders productivity. Staying motivated helps channel stress into actionable steps. For instance, during exams or deadlines, motivation pushes individuals to prepare effectively. However, it can be tough to stay focused. Although anxiety is a common feeling, this motivation can help combat it (because it encourages people to take action instead of giving in to stress).
When Starting a New Journey
Beginnings are exciting (however) they can also be overwhelming. Whether you’re launching a business, pursuing a new hobby, or starting a fitness regimen, motivation plays a pivotal role: it sets the tone and keeps the momentum going. This is important because, without motivation, one might struggle to continue. Although the start can be tough, it’s crucial to find ways to stay inspired. But remember, every journey has its challenges, and facing them helps you grow.
Setting Clear Goals
Motivation thrives on clarity (this is important). When you define specific and achievable goals, it ensures a sense of direction. For example: when starting a new project, having clear objectives can fuel enthusiasm; however, it also helps keep distractions at bay. Although it might seem simple, clarity is key to staying focused and driven. Because without it, people can easily lose their way. This can lead to frustration and decreased motivation.
Sustaining Early Progress
Making initial progress can be motivating (for a lot of people); however, it’s easy to lose steam later on. Consistent reminders of the end goal are important because they help maintain motivation during the first phases. Small wins should be celebrated (this is super crucial) to reinforce commitment. Although it may seem simple, these steps can make a big difference.
Motivation in Moments of Uncertainty
Uncertainty breeds fear (this is a fact), however, motivation helps people navigate through ambiguity. It allows individuals to focus on what they can control: taking proactive steps. Although the fear may linger, finding motivation can make a huge difference. Because of this, it’s really important to seek out ways to stay motivated in uncertain times.
Facing Major Decisions
Life-changing decisions often bring doubts (1). Motivation gives individuals the strength to trust their instincts and it guides them toward paths that match their goals. It can change fear into confidence; however, this journey can be tough. Although many people wish to make the right choice, they might hesitate because of uncertainty. But with the right motivation, individuals can conquer their fears.
Adapting to Change
Changes (even when they’re good) can be a bit unsettling. Motivation helps people embrace new environments, roles, or responsibilities; it encourages growth and the exploration of new possibilities. However, some individuals may struggle with this adjustment because they find comfort in what they know. Although change can be tough, it often leads to valuable experiences and personal growth.
Motivation for Long-Term Success
Long-term success (1) doesn’t just appear out of nowhere. Motivation acts as the guiding force during this journey, helping to keep consistency and perseverance alive. However, some people may find it hard to stay motivated, especially when challenges arise. Although it can be difficult, it’s essential to remember that the path to success requires time. This journey is not only about reaching the end goal; it’s also about the experiences learned along the way. Because of this, individuals should concentrate on their progress, even if it seems slow sometimes.
Staying Committed to Dreams
Chasing dreams (or going after them) requires a strong commitment. Motivation helps people remain focused; however, it can be difficult when progress seems slow. It acts as a reminder of their purpose and the final reward (which is achieving their goals). Although challenges might come up, this commitment is what fuels success.
Overcoming Plateaus
Reaching a plateau can be discouraging (1). However, motivation can reignite passion and push individuals to explore new strategies. This is important (because) whether it’s in fitness, career, or creative pursuits, staying inspired helps ensure continued growth. Although it may be tough at times, remember that every effort counts. But don’t give up!
Motivation is (undoubtedly) the lifeblood of progress: especially in critical moments. It fuels our resilience during challenges and keeps our energy up in new endeavors. However, it also brings clarity when things are uncertain. By staying motivated, we can get past obstacles and welcome change. Although it can be tough sometimes, we can reach long-term success. This is why tapping into motivation when it counts is so crucial (for discovering) your true potential.
by | Dec 6, 2024 | Business
Sand Monitoring Services Ltd (SMS) proudly marks a double milestone this year: 20 years of successful operations in the UK and 10 years since the establishment of its Malaysian subsidiary, SMS Sand Management Services Sdn Bhd.
Andrew Kinsler, Operations Director, reflects on this significant achievement:
“Reaching this milestone is a testament to our team’s resilience, adaptability, and commitment to excellence over the years. We began with a focus on sand management and have since expanded our services to include not only our core sand and corrosion instruments but also flow assurance technologies, gas analysers, and sampling solutions.”
Since its inception, SMS has built strong partnerships with industry leaders and institutions, enabling the company to continuously enhance its technology and services. These advancements have allowed SMS to address the diverse and complex needs of its clients in over 23 countries, including the North Sea, Africa, Southeast Asia, and the Middle East. The company serves a broad client base comprising International Oil Companies (IOCs), National Oil Companies (NOCs), and Well Service Companies.
“The journey has not always been easy,” Andrew adds, “but thanks to our team’s dedication and our clients’ trust, we have achieved remarkable progress. Their support has been crucial, and we are deeply grateful for the partnerships we’ve built along the way.”
Looking ahead, SMS is committed to supporting the energy transition through cutting-edge technology projects and continued investment in client-centric solutions. The company is eager to explore new opportunities in other market sectors while maintaining its dedication to delivering value across the energy industries.
Visit www.smsintegrity.com for more details about SMS.
by Penny Angeles-Tan | Dec 6, 2024 | Business
SARIAYA, QUEZON – PHILIPPINES – Universal Robina Corp. (URC), one of the country’s largest food and beverage firms, is set to open a new mill in Sariaya town, in Quezon Province to boost its production of quality flour further.
Committed To Nourishing The Nation.
With the launch of URC Flour’s newest flour plant, the company is helping lay a solid foundation for advancing food production and security in the country. L-R: Conrado M. Estrella III, Secretary of the Department of Agrarian Reform, Francisco “Kiko” Tiu Laurel Jr., Secretary of Department of Agriculture, Ferdinand “Bongbong” R. Marcos Jr., President Republic of the Philippines, Lance Gokongwei, Chairman Universal Robina Corporation, Irwin C. Lee, President and Chief Executive Officer, Universal Robina Corporation, Ellison Dean C. Lee, Managing Director, Universal Robina Corporation- Flour Division.
“We are seeing an ever-growing demand for our products. This new flour mill will allow us to meet that demand, maintain the quality of our products, and keep our price point competitive,” said Irwin C. Lee, URC President & CEO.
The new facility will use a fully automated flour-milling technology that fully integrates the roller mill’s control and monitoring system in the main station, a first in the Philippines.
Pressing Forward To A Brighter Future.
The URC Flour Sariaya Plant is now operational, which will bring the company’s total milling capacity to over 104,100 bags daily. L-R: Ferdinand “Bongbong” R. Marcos Jr., President of the Republic of the Philippines, Irwin C. Lee, President and Chief Executive Officer, Universal Robina Corporation, Lance Gokongwei, Chairman Universal Robina Corporation, Francisco “Kiko” Tiu Laurel Jr., Secretary of Department of Agriculture and Conrado M. Estrella III, Secretary of Department of Agrarian Reform.
“This Php 5.4 billion investment is an affirmation of our confidence in our economy and the conducive investment climate in our country. It is also a concrete manifestation of our steadfast support in improving our nation’s food security, aligned to the priorities of His Excellency President Ferdinand Marcos Jr. and Secretary Francisco Tiu Laurel to enhance agricultural productivity and strengthen the grain sector,” said Lance Y. Gokongwei, Chairman Universal Robina Corporation. “With the launch of this new flour mill, we are helping lay a solid foundation in advancing food production and security in our country,” added Gokongwei.
URC Flour Sariaya will also have the capability to do fully automatic packing operations, which will speed up the production process and reduce wastage.
This technology upgrade maximizes efficiency at the plant, reduces costs, and cuts URC’s carbon footprint overall. This is in line with URC’s push to reduce the amount of energy and other resources it uses to manufacture its products.
The mill sits on 10 hectares in Sariaya. When fully operational, it will provide at least 150 jobs.
Witness The Unveiling Of A New Era.
URC Flour’s investment in their new Sariaya Flour Mill brings great promise to the local community of Sariaya. Beyond its economic impact, generating jobs and creating business opportunities for suppliers and service providers. L-R: Conrado M. Estrella III, Secretary of the Department of Agrarian Reform, Francisco “Kiko” Tiu Laurel Jr., Secretary of Department of Agriculture, Ferdinand “Bongbong” R. Marcos Jr., President Republic of the Philippines, Lance Gokongwei, Chairman Universal Robina Corporation, Irwin C. Lee, President and Chief Executive Officer, Universal Robina Corporation, Ellison Dean C. Lee, Managing Director, Universal Robina Corporation- Flour Division.
“URC Flour Sariaya is a testament to our unwavering dedication to innovation, quality, and growth,” said Lee. “With its enhanced technology, substantial capacity, and focus on community development, the plant is poised to become a cornerstone of URC’s progress and a catalyst for positive change in the area,” Lee added.
URC Flour is one of the Philippines’ top flour millers. It started commercial operations in 1970, with its first plant in Pasig. It opened its second plant in Davao in 1991.
About Universal Robina Corporation (URC) Flour Division:
URC’s Flour Division is one of the top flour milling companies in the Philippines. With plants present in Manila, Davao, and now Sariaya, Quezon. The addition of this new plant, which is URC’s largest, brings the company’s total milling capacity to an extraordinary 3,470 tons per day, which is equivalent to over 104,100 bags daily. Through its state-of-the-art flour mills and blending facilities, URC Flour Division offers customized products that cater to the specific needs of its customers.
by | Dec 6, 2024 | Business
Kuala Lumpur, Malaysia, 6/12/2024 — Nusantara Global Network is excited to announce its latest partnership with HF Markets, aimed at providing innovative and highly beneficial trading opportunities. This strategic collaboration introduces an exclusive Rebate Program for Standard and Pro accounts, designed to enhance trading efficiency and reward traders with significant rebates.
The collaboration between Nusantara Global Network and HF Markets presents a comprehensive Rebate Program, giving traders the chance to earn rebates based on their trading activity. This program is expected to revolutionize the trading experience by offering immediate and attractive financial rewards.
“We are thrilled to partner with HF Markets and introduce this sophisticated Exclusive Rebate Program,” said the chairman of the Nusantara Global Network. “This collaboration aligns perfectly with our commitment to offering exceptional trading opportunities and tools to our community. The Exclusive Rebate Program will empower traders to maximize their earnings while enjoying a seamless trading experience.”
The key benefits of the new Exclusive Rebate Program include:
Exclusive Rebate for Standard & Pro Accounts:
-Trade as low as 0.01 lot to earn rebates up to $67.50.
-Rebates are credited daily to the trading account at 9 AM.
-Positions held for 2 minutes or more qualify for the full rebate, while positions held for less than 2 minutes will receive half the rebate.
“We see our partnership with Nusantara Global Network as a significant milestone for HF Markets,” said HF Markets. “This Exclusive Rebate Program showcases our dedication to providing traders with innovative solutions and a superior trading experience. We are confident this program will deliver substantial value to our clients and set a new standard in the industry.”
The Exclusive Rebate Program is available for various account types, including:
Premium, Cent, and Top-Up Bonus Accounts:
-Gold: $13.50 per lot
-FX: $8.10 per lot
Pro & Zero Spread Accounts:
-Gold: $6.30 per lot
-FX: $3.60 per lot
This collaboration is part of a broader industry trend towards providing more profitable and trader-friendly solutions. By integrating HF Markets Exclusive Rebate Program, Nusantara Global Network continues to demonstrate its commitment to enhancing trading opportunities and supporting its clients with the latest tools and incentives.
About HF Markets
HF Markets is a leading trading broker known for its advanced trading solutions and exceptional customer support. The company provides a variety of trading services, including the Exclusive Rebate Program, designed to deliver superior trading experiences and support to traders worldwide.
The URC Flour Sariaya Plant is now operational, which will bring the company’s total milling capacity to over 104,100 bags daily. L-R: Ferdinand “Bongbong” R. Marcos Jr., President of the Republic of the Philippines, Irwin C. Lee, President and Chief Executive Officer, Universal Robina Corporation, Lance Gokongwei, Chairman Universal Robina Corporation, Francisco “Kiko” Tiu Laurel Jr., Secretary of Department of Agriculture and Conrado M. Estrella III, Secretary of Department of Agrarian Reform.
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