by | Oct 10, 2024 | Business
GSC Game World is excited to announce the release of the original S.T.A.L.K.E.R. trilogy on Nintendo Switch™ on October 31, 2024. The collection, featuring Shadow of Chornobyl (2007), Clear Sky (2008), and Call of Prypiat (2009), will arrive ahead of the previously planned November release window.
Fans can view the official launch trailer, captured entirely on Nintendo Switch hardware
TRAILER
These Switch-optimized versions of the iconic games come with several enhancements, including:
Gyro aiming for a more intuitive shooting experience
Touch interface integration for easier navigation
Refined visuals to maintain the atmosphere while maximizing Switch performance
Full support for both handheld and TV modes, ensuring smooth gameplay on the go or at home
These updates ensure that S.T.A.L.K.E.R. veterans and new players alike will have an authentic experience in the Chornobyl Anomalous Zone.
GSC Game World partnered with MATABOO to fully leverage the capabilities of the Nintendo Switch, making the immersive world of S.T.A.L.K.E.R. accessible to a new audience.
Pricing & Availability
Each game will be available digitally for $19.99 USD / €19.99 / £15.99 individually or as a bundle for $39.99 USD / €39.99 / £32.99. Regional pricing will apply in select territories.
For access to the press kit and review codes, please contact the team below. Follow GSC Game World’s official social media channels for further updates on S.T.A.L.K.E.R.: Legends of the Zone Trilogy and other S.T.A.L.K.E.R. projects.
Supporting Ukraine
As the war in Ukraine continues, GSC Game World remains steadfast in supporting our home country. For those interested in contributing, we encourage donations to the official charity fund organized by President Volodymyr Zelenskyy: https://u24.gov.ua.
About S.T.A.L.K.E.R.: Legends of the Zone Trilogy
S.T.A.L.K.E.R. is a series of first-person survival shooters that blend horror, RPG mechanics, and deep storytelling in a post-apocalyptic world shaped by the 1986 Chornobyl disaster. The original trilogy — Shadow of Chornobyl, Clear Sky, and Call of Prypiat — has sold over 15 million units worldwide and remains celebrated for its atmospheric gameplay and innovative design.
The S.T.A.L.K.E.R.: Legends of the Zone Trilogy is an enhanced edition of the original titles, available for PlayStation and Xbox since March 2024, and now coming to Nintendo Switch on October 31, 2024.
About GSC Game World
Founded in 1995, GSC Game World is a Ukrainian game development studio known for creating world-class gaming experiences, including the S.T.A.L.K.E.R. and Cossacks series. The team is currently hard at work on the highly anticipated S.T.A.L.K.E.R. 2: Heart of Chornobyl.
Contact InformationWorldwide Media Contacts — Renaissance PRStefano Petrullo – CEO: st*****@***********pr.bizGreg Jones – Head of Communications: gr**@***********pr.bizSam Faulkner – Account Manager: sa*@***********pr.biz
Worldwide Influencer Contacts — Renaissance PRThomas Hughes – Content Creators Manager: th****@***********pr.bizGeneral Inquiries: st******@***********pr.biz
GSC Game WorldZakhar Bocharov – PR Manager: **@******r2.com
by Ferry Bayu | Oct 10, 2024 | Business
Asuene Inc. is excited to announce its strategic acquisition of E4G, Inc., an innovative startup that emerged from the Tanaka Kenji Laboratory at the University of Tokyo. E4G specializes in AI-driven data collection and analysis for environmental, social, and governance (ESG) metrics, as well as developing software for decarbonization roadmaps.
Background of the Acquisition
Asuene offers a diverse range of products, including “ASUENE,” a carbon accounting platform, “ASUENE ESG,” an evaluation cloud service, and “ASUENE CAREER,” which provides talent recruiting support for your decarbonization and ESG initiatives. By providing a one-stop solution for sustainability, “ASUENE” has supported the decarbonization and ESG management efforts of over 9,000 companies. Meanwhile, “ASUENE ESG” has exceeded 14,000 companies and holds the top position in the industry.
In recent years, the importance of ESG metrics as a basis for corporate evaluation has significantly increased, leading to a rapid rise in demand among businesses and financial institutions for efficient collection, analysis, management, and disclosure of ESG data. However, the lack of standardization and normalization in ESG data collection makes this process extremely challenging. Many companies face considerable time and cost burdens as they must manually gather vast amounts of information for competitor comparisons and industry analyses, all while requiring ongoing data collection and analysis.
Furthermore, in the context of decarbonization, visualizing CO2 emissions and developing as well as implementing emission reduction roadmaps have become increasingly crucial for companies. The complexity of formulating these reduction plans has led to rising challenges, as organizations often lack the necessary expertise to proceed effectively.
In light of these social trends and customer challenges, we have determined that integrating E4G— which possesses strong services and technological foundations in ESG data and CO2 emissions reduction—will significantly enhance the value we provide to our customers and further expand our platform. This realization has driven us to pursue the acquisition of E4G.
Objectives Achieved Through the Acquisition
Enhanced ESG Data Solutions
The acquisition enables Asuene to incorporate E4G’s ESG data capabilities into its current platform, creating a more comprehensive solution for businesses. This integration will allow organizations to efficiently gather and analyze non-financial indicators, assess competitors, and simplify evaluations of corporate value.
Strengthening Decarbonization Support
The combined expertise of Asuene and E4G will offer a comprehensive solution for managing decarbonization, addressing everything from visualizing CO2 emissions to developing and executing reduction strategies.
Fostering University-Industry Collaboration
The collaboration with E4G, supported by advanced technology and a strong data foundation, will expedite the development and societal implementation of decarbonization and ESG solutions.
Comments from E4G and Asuene Representatives
I am truly delighted to join the Asuene Group. I would like to take this opportunity to express my heartfelt gratitude to all stakeholders, including our customers, partner companies, team members, and shareholders.
In light of the global ESG movement, companies are being called upon to undergo further transformation. By collaborating with Asuene, which is rapidly expanding its operations on the global stage and driving societal GX initiatives, E4G will continue to advance our vision of ‘DATA DRIVEN GX.
Representative, E4G, Inc.
I am honored that E4G has chosen to join the Asuene Group. As the significance of ESG data and GHG reduction continues to grow both in Japan and worldwide, E4G’s expertise in analyzing ESG data disclosure and developing reduction roadmaps will be essential for a comprehensive assessment of corporate sustainability. This expertise will also play a key role in evaluating corporate value, risks, and investment potential.
Alongside Daichi Obara, the CEO of E4G, we look forward to creating new value in the areas of decarbonization and ESG data.
Founder & CEO, Asuene, Inc.
by Penny Angeles-Tan | Oct 10, 2024 | Business
Today, Ethereum price is increasing while the crypto market is in the red zone. Is this condition proof that Ethereum can reach the level of $ 2,600?
Since Iran’s attack on Israel, Ethereum price has been affected and experienced a decline as the crypto market has been very volatile this week. However, surprisingly today the price of Ethereum has increased, even leaving Bitcoin which has fallen in price.
Will Ethereum break through $2,600 as holders of this token hope? Read the complete analysis in this article until the end.
Will Ethereum (ETH) Price Break $2,600
Long-term holders (LTHs) of Ethereum often determine how the ETH token will be priced in the future. There are indicators of LTH behavior. Currently, Ethereum LTH is showing an accumulation mode which is providing a positive signal to the Ethereum price.
The more long-term holders who HODL will also make the price of ETH increase because it means there is long-term trust in this token.
However, investor sentiment towards Ethereum also varies. Although many investors HODL, there is a negative sentiment from investors regarding Ethereum’s ability to reach $2,600. This is because the price of Ethereum decreased by 7.3% from October 1 to 8.
The Impact of an HBO Documentary and the Price of Ethereum
This article was written on October 9, 2024, just when HBO scheduled its newest documentary entitled “Money Electric: The Bitcoin Mystery” to be broadcast.
The film is said to reveal who Satoshi Nakamoto is. The figures believed to be Satoshi Nakamoto are Len Sassaman, Hal Finney, and Adam Back.
This HBO film created a riot among crypto fans. It was stated that the documentary could influence Bitcoin price to Ethereum. Will the prices of BTC, ETH, and other crypto tokens drop when the film is finally shown by HBO?
Ethereum Price Chart Today
When this article was written, Ethereum experienced a price increase of +0.42% so that it was trading at $2,434. Even though the increase did not reach 1%, this can be said to be good news because the majority of crypto tokens today experienced a price decline, including BTC, SOL, and USDT.
However, the increase in Ethereum prices has not been calm. Because, if you look at the ETH price chart above, the RSI and MACD indicators actually show unpleasant signs.
Ethereum’s RSI is 41.9 points lower than 50, which means there is a large selling trend, more dominant than the buying trend. The MACD line is also declining. If this continues to happen, Ethereum will face a bearish trend.
Ethereum Versus Bitcoin
Ethereum has become the leading altcoin and is predicted to be an alternative coin that can beat Bitcoin. And as expected, the two tokens are always compared regarding their price ups and downs.
In terms of average price increases, the price of Bitcoin has increased by 128% from year to year, while Ethereum is only 53%.
Since it was first launched in July 2015, Ethereum has been able to reach the $1,300 level in 2.5 years since it was first launched. Ethereum reached the level of $4,891 in November 2021 but had to be willing to drop drastically to $900 in 2022 due to unstable world economic conditions.
Conclusion
That is an explanation of the price of Ethereum which has increased today and predictions of reaching the $2,600 level. You can do more in-depth research about Ethereum, from checking prices in real time to finding out about the latest ETH projects only on the Bitrue website.
Bitrue also provides a price conversion feature ETH to USD so you don’t need to change websites to check it. Understand more details about how to buy Ethereum before investing in this token.
by | Oct 9, 2024 | Business
CATS token is officially listed on Bitrue and other global crypto exchanges. How is the current CATS price? Is it still experiencing a fantastic increase like during the pre-market? Here is the explanation.
CATS was officially listed on October 8th on a number of global crypto exchanges, including Bitrue. Just before the listing, CATS price shocked crypto users with a fantastic price increase of up to 691%.
This increase coincided with an increase in trading in the crypto ecosystem which increased by 13 times.
So, what is the current price of CATS? How do CATS users react to the current token price conditions?
Check out the explanation in this article. It will also explain how to maximize profits by depositing CATS tokens.
What is CATS?
What is CATS? CATS Telegram is a Telegram-based mini-application designed specifically for cat lovers and crypto fans.
The app offers a fun and interactive way to earn CATS tokens, a cryptocurrency built on The Open Network (TON) blockchain network.
Having a simple interface, CATS can be played by anyone, even those who are not familiar with Telegram games. CATS combines the fun of keeping a cat with the profit potential of the crypto world.
The CATS Telegram workflow is very simple, namely:
1. Earn CATS Points: When you first join, you will get several CATS points based on your previous activity on Telegram.
2. Interesting Tasks: You can earn more CATS points by completing various simple and fun tasks, such as inviting friends, participating in quizzes, or uploading photos of your cat.
3. Redeem Points: The CATS points you collect can be exchanged for real CATS tokens.
4. Active Community: CATS has a very active and growing community, so you can interact with other users, share experiences, and take part in various interesting events.
What is the Price of CATS Today?
CATS fans were disappointed because the price of CATS did not match expectations as was the excitement during the pre-market with an increase of almost 700%.
However, CATS USDT recorded an increase today and was traded at $0.00012797 with an increase of 27.97%.
Even though the price of this token is rising, you have to be quite alert. The reason is, as seen from the CATS price graph above the CATS RSI indicator is actually below 50, which means the selling trend is more dominant than the buying trend.
The CATS MACD line also looks like it is about to cross the border line in a descending manner. If it continues like this, a bearish CATS trend could occur in the future rather than a bullish trend.
About Airdrop CATS Season 2
Airdrop CATS season 1 has ended and all prizes have been distributed to winners along with CATS listing on crypto exchange. Now, CATS is preparing Season 2, which of course will also have an airdrop event.
Officially, CATS is also upgrading various features so that Season 2 of CATS will be more exciting for users to play. There are several innovations that CATS will carry out, such as AI photo farming to CATS’ cute profile pictures.
CATS has not announced when Season 2 will officially launch. However, the CATS developer assures users that Season 2 will be much more interesting than Season 1. Let’s look forward to it together.
Maximize Profits with CATS Deposits
Good news for CATS fans. Currently, Bitrue is offering event CATS token prizes with a finite amount of 70.000.000 CATS. All Bitrue users can participate in this event with easy conditions, namely make a CATS token deposit after clicking “JOIN” on the CATS deposit event.
This CATS deposit event from Bitrue has been going on from October 8 to October 18 2024 at 09:00 UTC. Later, the prize calculation will be based on net deposits taking into account the total deposits during the event and the total withdrawals on the Bitrue platform.
Participants in this event can check in real-time the total volume of CATS token deposits for the top 10 users on the Bitrue website. Prizes will be distributed to winners within 7 days after the event ends.
As additional information, CATS is also available in the Bitrue launchpool.
Apart from that, Bitrue also provides free features for you so you can do in-depth research for this token. That way, you will have in-depth consideration before buying CATS.
by Penny Angeles-Tan | Oct 9, 2024 | Business
The crypto market is currently not doing well. However, the price of SUI has been steadily increasing in the past month. What is the reason for this increase in the price of the token?
Amid the crypto market, which is currently red, a piece of good news came from SUI. SUI Price experienced a significant increase of up to 20% in the last 24 hours when BTC, ETH, BNB, SOL, and USDT experienced a price decline.
What is the reason behind this spike in token prices? Read the explanation in this article until the end.
Why are SUI prices increasing?
In terms of market capitalization, SUI is ranked 18th. Even though it has not yet entered the top ten, in the last month, SUI’s performance is considered very good. This is because SUI experienced an increase of up to 124% during that time.
There are several reasons why SUI prices have increased, one of which is the news that the USDC Circle stablecoin will be launched on the Sui Network. The announcement of this launch was made on September 17 and since then, the price of SUI tokens has experienced a steady increase until now.
The launch of USDC is considered important because it is classified as the second largest token in the world as a currency that is used significantly in on-chain transactions besides USDT. SUI, which has experienced a smart contract network, makes investors optimistic about the innovations that will occur in the future.
Apart from the news of the launch of USDC on the SUI network, support from one of the global crypto exchanges also makes SUI even more prominent among investors.
Current SUI Price Chart
At the time of writing, SUI was trading at $2.0134 with an increase of +3.79%. The highest price was $2.1646 in the last 24 hours.
It can be seen from the capture above taken from Market Bitrue, SUI currently has a positive outlook price chart. The RSI indicator is at 59, which means the buying trend dominates positively compared to the selling trend.
The MACD SUI indicator also appears to be climbing upwards. SUI token holders must get ready because a bullish SUI trend will occur.
Current Crypto Market Conditions
As mentioned at the beginning, currently the crypto market is red. Large tokens, such as BTC, ETH, and SOL experienced significant price declines.
Bitcoin Price currently is $62,213 with a decline of -2.22%, Ethereum price was $2,422 with a decline of -2.54%. The decline in SOL is higher, namely -4.06%, and currently Solana is trading at $142.86.
This condition occurs due to several factors, one of which is because the conflict between Iran and Israel has continued to heat up since October 1. October is much awaited as a happy month with its #Uptober.
However, given the nature of the crypto ecosystem’s reaction to conflict between countries, will #Uptober still happen? You can follow the latest conditions in the crypto ecosystem by reading Bitrue articles.
by | Oct 9, 2024 | Business
Karaoke Manekineko is excited to announce the grand opening of its 14th outlet at Metro Point Complex, Kajang, on the 19th of October at 11 AM. The new venue, located on Level 3, Lot 3-2, will feature the latest karaoke technology, a diverse song selection, and fun-filled experiences for families and friends. 
Karaoke Manekineko, one of the largest karaoke chains in the region, is thrilled to unveil its newest outlet at the Metro Point Complex, Kajang, marking the brand’s 14th location. Set to open on the 19th of October, 2024, at 11 AM, this new outlet continues the brand’s commitment to bringing high-quality entertainment experiences to music lovers. The venue will be located on Level 3, Lot 3-2 of the bustling Metro Point Complex, an easily accessible location for visitors in Kajang and surrounding areas.
Known for its fun, family-friendly atmosphere, Karaoke Manekineko has built a reputation as the go-to spot for karaoke enthusiasts. The new outlet will feature state-of-the-art karaoke rooms, equipped with the latest sound systems and high-definition screens to ensure the ultimate singing experience. With rooms available in a range of sizes, Karaoke Manekineko caters to all types of gatherings, from intimate sessions for couples to larger celebrations for friends and family.
At the Metro Point Complex outlet, guests can expect an extensive selection of songs, spanning multiple languages and genres. Whether you’re into classic hits, modern pop, rock, or even anime soundtracks, there’s something for everyone. The user-friendly karaoke system allows customers to easily search for and queue up their favorite tracks, so the fun never stops. Karaoke Manekineko prides itself on offering an inclusive space where everyone, regardless of singing ability, can have a great time.
Beyond its music offerings, the venue is designed to enhance the overall experience. Guests can enjoy a lively, vibrant environment with playful mascots and colorful décor, making it an exciting destination for both kids and adults. The outlet will also offer a selection of snacks and beverages to keep energy levels high during singing sessions.
To celebrate the grand opening, Karaoke Manekineko is planning a special launch event at 11 AM on the 19th of October. Attendees will be treated to exclusive promotions, giveaways, and discounts on karaoke sessions throughout the day. It’s the perfect opportunity for both long-time fans of the brand and new visitors to explore the latest addition to the Karaoke Manekineko family.
Since its inception, Karaoke Manekineko has strived to create a welcoming and fun environment where friends and families can bond over a shared love of music. The opening of the Metro Point Complex outlet is a continuation of this mission, further expanding its reach across Malaysia. With its signature mix of affordable pricing, modern facilities, and extensive song choices, this latest outlet is expected to be a popular destination for karaoke lovers in Kajang and beyond.
Mark your calendars and join us at Metro Point Complex on the 19th of October to celebrate the opening of Karaoke Manekineko’s 14th outlet. Bring your friends and family to enjoy an unforgettable karaoke experience, and take advantage of the special promotions and offers available during the launch event. For more information and to stay updated on the latest news and promotions, visit Karaoke Manekineko’s official website and social media channels.
by | Oct 9, 2024 | Business
Results-driven college admissions consultancy offers full service support for up to 4 years for 2 qualified Singapore students
Crimson Education is the world’s leading university admissions consultancy, offering a holistic and comprehensive service for students applying to top US and UK universities. Their support ranges from university selection strategy and test preparation to personal statement and essay assistance, as well as extracurricular mentoring and interview practice, empowering students to excel in competitive admissions.
Since the company was founded in 2013, it has helped over 1,000 exceptional students gain admission to Ivy League schools and over 300 to Oxford and Cambridge. In Singapore alone in 2024, 13 students have been accepted into Ivy League schools, 83 into top 30 US universities, 17 into Oxbridge and 246 into Russell Group universities.
As such, to celebrate this remarkable milestone and their 10th year anniversary, Crimson Education is proud to announce the launch of the first ever Crimson 10 Overseas Education Scholarship, awarding full support services to two exceptional students from Singapore. This scholarship aims to support students on their journey to top US and UK universities while prioritising both academic success and mental wellness.
Scholarship Overview:
Two Singaporean students will be awarded full support services, including academic guidance
and a mental wellness toolkit. Their goal is to help alleviate the stress of the university application process while improving time management and overall performance.
Full-Service Inclusions:
1 Application Year (AY): For students actively applying to universities and submitting applications within this academic year. Comprehensive support for up to 5 universities (US or UK), including strategic guidance on university selection, standardised testing, and crafting a cohesive application narrative. This also includes mentoring for brainstorming and editing the personal statement, preparing the activities list, and access to mental wellness tools.
1 Non-Application Year (NAY): For students a few years away from submitting their university applications. This offers extensive support with more than one year (2 to 4 years) for up to 5 universities, covering everything included in the AY, plus additional services such as research opportunities with a professor or PhD teaching fellow at a top university, virtual internships at Fortune 500 companies, interview training, and masterclass access for competitions like the John Locke Essay Competition and Harvard Model UN.
Application Deadline: 31 October 2024
Who is Crimson Education and what to expect:
Founded in 2013 in New Zealand, Crimson Education has a global team of over 2,400 admissions experts, many of whom are former admissions officers, faculty members, postgraduates, undergraduates, and alumni from the world’s top universities and serve as mentors and strategists.
University admissions prep can start as early as possible* where every Crimson student gets to work with a team of admissions experts who will support them in elevating and assembling their top college application. You will have access to:
Counsellor/Strategy Consultant
A Strategy Consultant will oversee your application process from start to finish, including identifying your strengths and building a ‘hook’, helping select your best-fit universities, scoping out unique opportunities to build your candidacy, and creating a month-by-month game plan for you to follow.
Extracurricular and Leadership Mentor
An Extracurricular and Leadership Mentor will guide you to build and scale a unique leadership project that demonstrates initiative and impact — qualities that admissions officers love to see. They’ll also help you strategically assemble your Activities List to ensure it resonates with your application.
Essay Mentor
An Essay Mentor will assist in ideating, planning and editing all your application essays – ensuring you submit an application that goes beyond academics and achievements to make your personal qualities shine through.
Student Success Manager
A Student Success Manager will coordinate with each member of your team to map out your admissions journey with milestones, meetings and deadlines. They will also act as a direct point of contact for you and your family, helping answer any specific program or administrative questions you may have.
Former Admissions Officer
Former Admissions Officers from Harvard, Yale, Stanford, Duke, Northwestern, Oxford, Cambridge and more will review your application and give you insider tips on how to strengthen your candidacy and maximise your admissions odds.
*Universities in the US require grades dating from Grade 9, or Secondary 3 onwards from Singapore
Scholarships application information:
● Opens: 1 October 2024
● Closes: 31 October 2024
● Winners Announced: 16 November 2024 (During Crimson 10 Overseas Education Expo)
Eligibility:
● Open to Singaporean students aged 15-18 and full-time national servicemen (NSFs), regardless of their year of service
● Must be applying to US or UK universities
● Publicity Requirement: Crimson Scholarship recipients must agree to participate in promotional activities related to the scholarship
This initiative reflects our commitment to supporting Singaporean students through every step of
their overseas university application journey, while also promoting emotional well-being through
tailored mental wellness support. The value of both scholarships amounts to over SGD 100,000 in total.
To submit your application, please visit https://crimsonedu.org/crimson-10-overseas-education-scholarship
The scholarship award announcement will be held at:
Crimson 10 Overseas Education Expo
Date: Saturday, 16 November
Time: 11am to 4pm
Location: Novotel Singapore on Stevens
For further information, you can check out Crimson Education’s website at https://www.crimsoneducation.org/.
by | Oct 9, 2024 | Business
DESTINYbit announces Innovative “Spaghetti Anime” Sandbox Tactical RPG: NITRO GEN OMEGA Turning the player into the director of a Mecha Anime!
October 9, 2024 – DESTINYbit, the award winning Italian developer behind Dice Legacy, in collaboration with 4Divinity. Announced today NITRO GEN OMEGA, an innovative “Spaghetti Anime” tactical RPG blending cinematic Mech battles, team management and Sandbox RPG elements, set to release in 2025.
NITRO GEN OMEGA』Trailer
NITRO GEN OMEGA pushes tactical RPGs in a new direction with an innovative timeline combat system that blends turn-based tactics with cinematic, anime-like visuals, offering players a fresh way to experience strategic battles.
Drawing inspiration from titles like Fire Emblem for team management and Battle Brothers for open-world exploration, NITRO GEN OMEGA offers a unique experience that stands out in the tactical RPG genre. The announcement trailer features striking in-game footage that blurs the line between tactical gameplay and anime, offering an exciting first look at the tactical gameplay they will experience in the battle against the machines, as well as glimpses of the activities the characters can take part in aboard their mobile airship base.
About NITRO GEN OMEGA
NITRO GEN OMEGA is an innovative “spaghetti anime” sandbox tactical RPG, featuring high-octane cinematic Mech battles which combine deep strategic gameplay with striking visuals that look like you’re watching the episode of an anime. Set in a future where humanity lost the war against the machines, you are the commander of a mercenary crew, surviving by taking on contracts for the few outposts still standing. Build and tune your Mech. Recruit pilots and watch them bond aboard the airship: your mobile base. Complete contracts and engage in high-octane cinematic Mech battles featuring a unique timeline system. Play solo or join a persistent online world featuring permadeath, where every character is procedurally generated.
Asset for Download
https://drive.google.com/drive/folders/1WEMe2NZPv9FGo3aUq_8SvwpudD4kbZ6L?usp=sharing
□『NITRO GEN OMEGA』Steam page
https://store.steampowered.com/app/2525510/NITRO_GEN_OMEGA/
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About DESTINYbit
DESTINYbit is a game development studio based in Ravenna, Italy, that strives to make Uncomparable Games. Creators of Empires Apart and the award winning Dice Legacy. Founded in 2016 and acquired by Amplifier Game Invest in 2020, DESTINYbit is part of the Embracer Group.
by Penny Angeles-Tan | Oct 8, 2024 | Business
Currently, Bitcoin price is decreasing. However, crypto analysts predict that Bitcoin will experience a short squeeze. How is the explanation? Read this article until the end.
There is a reason why Bitcoin is called the king of crypto. Not only because BTC was the first token created, but also because over time, Bitcoin price reliable.
Today, Bitcoin is indeed red, just like the majority of other crypto tokens. However, crypto observers predict that Bitcoin will experience a significant increase this October.
Is that true? Let’s look at the explanation in this article.
Current State of the Crypto Market
When this article was written on October 8 2024, the crypto market situation was not good. The majority of crypto tokens have experienced price declines, including Bitcoin.
This condition is quite worrying because October should be a month with good news for crypto token holders. However, #Uptober was eliminated when the conflict between Iran and Israel heated up on October 1. This is because the crypto ecosystem is very reactive to conflicts between countries.
At the moment, BTC price is also still experiencing a decline of -2.04%. Bitcoin’s price was %62,366, quite a drop compared to its 24-hour high of $64,473.
Trust in Bitcoin Still Very High
Among investors, whatever the investment instrument, there are investment strategies that are believed to provide maximum profits. This strategy is to provide the investment product when the price falls.
This strategy is widely used by crypto token holders. When Bitcoin prices fell recently, many large companies bought up BTC, such as MicroStrategy and Metaplanet from Japan.
On Monday, Metaplanet even bought 108,786 BTC so its ownership of this token is now 639.5 BTC with a value of more than $40 million. With similar enthusiasm from various parties for Bitcoin, this token still has high trust in the crypto ecosystem.
Quoted from TradingView, Bitcoin’s dominance in the crypto market was 58.10% on October 8, 2024. This figure shows an increase of 0.05%.
Bitcoin Will Experience a Short Squeeze?
Quoted from Coineagle, Bitcoin price is predicted to experience a short squeeze. This prediction is because Bitcoin is approaching a significant liquidation level where this number often triggers incorrect predictions that the token will fall, but the opposite happens.
This prediction will be even more positive if the Bictoin price manages to penetrate the $66,200 mark where the next price will rise significantly to $70,300 or even reach $72,578.
If we look again at the screen capture of the Bitcoin price graph above, we can see that even though BTC is currently experiencing a price decline, the indicators can provide a sense of security.
Because the RSI value of BTC is 48. Even though the selling trend is greater than the buying trend, there is no overselling phenomenon from holders of this coin. The MACD indicator is also still above the limit line, which means that a bullish trend could occur suddenly in the future.
Conclusion
Bitcoin prices are very volatile, just like other crypto tokens. Here’s why you should check how to buy BTC so you can better understand how to allocate investment funds according to your abilities.
You don’t need to be confused about checking Bitcoin prices in real-time. Bitrue provides features that you can use for free and can be used at any time. You can check the price conversion from BTC to USD without having to move websites.
by | Oct 8, 2024 | Business
GENERAL SANTOS CITY – “Alsons Power is helping unlock the vast potential of Mindanao, fueling communities, and driving sustainable economic growth while prioritizing environmental stewardship,” said Antonio Miguel “Anton” Alcantara, CEO of Alsons Power, at the 33rd Mindanao Business Conference (MinBizCon). The event, held at the KCC Convention Center in General Santos City, brought together key leaders to discuss the future of the region’s economy.
As the power business unit of the Alcantara Group—a Mindanao-focused enterprise with significant investments in energy, agriculture, and real estate—Alsons Power plays a crucial role in supporting the region’s rapid development.
Alcantara shared that the Department of Budget and Management is targeting an economic growth rate of 6.5% to 7.5% by 2025, which is expected to drive an even greater demand for energy.
Data from the Independent Electricity Market Operator of the Philippines (IEMOP) and the Department of Energy show that the Philippines reached a peak energy demand of 17,331 megawatts in 2023, which surged to over 19,000 megawatts by the April 2024. Mindanao mirrored this trend, reaching a peak demand of 2,642 megawatts in April this year, an increase from the 2,323 megawatts recorded in the previous year. These rising figures highlight the nation’s growing power consumption, driven by heightened economic activity and rising temperatures.
“Our population is rapidly growing, and every household increases power consumption, upgrading the use of electricity. That’s about 100–125 megawatts in Mindanao every year,” said Assistant Secretary Romeo M. Montenegro, Deputy Executive Director of the Mindanao Development Authority (MinDA), addressing delegates at the Zamboanga Peninsula (ZamPen) Power Summit last August.
“After 4-5 years, a shortage will happen again, which is why proper timing, coordination in terms of policy and investments, and attracting power investment sectors are a must in Mindanao to avoid the rotating brownouts that happened in the past,” Montenegro added.
To help meet this surging power demand, Alcantara outlined Alsons Power’s strategy to expand and diversify its energy portfolio. “We’re committed to developing new power plants with a strong focus on renewable energy while optimizing our existing conventional power assets,” he said.
Currently, Alsons Power has a capacity of over 460 megawatts, serving more than eight million people across Mindanao.
“Alsons Power is focused on building our renewable energy portfolio with various hydro and solar projects at different stages of development and implementation. These projects aim to contribute to the country’s goal of reaching a 35% renewable energy share by 2030 and 50% by 2040,” Alcantara said.
Recently, Alsons Power completed its first foray into the renewable energy landscape with the 14.5-megawatt run-of-river Siguil Hydro Power Plant in Maasim, Sarangani Province. This plant has an estimated annual output of around 95,000 MWh, capable of powering over 40,000 households. Siguil Hydro is the fifth renewable energy project to enter Mindanao’s Wholesale Electricity Spot Market (WESM).
Alsons Power is also advancing other renewable projects, including the Sindangan Zambo-River Power Plant with a potential capacity of 8.8 megawatts for the run-of-river hydropower plant and 29 megawatts for the solar power plant.
More than three decades after helping address the Mindanao power crisis and the region’s growing energy demands, Alsons Power remains committed to delivering safe, reliable, and affordable energy to the Southern Philippines and beyond. Recently, the Alcantara-led power business unit secured its first retail electricity supply agreement with Holcim Philippines, under which it will supply 80% of the energy needs for Holcim’s facilities in Davao and Lugait, Misamis Oriental.
“Reliable and affordable electricity is a key driver in attracting investments to a region. Our power facilities in Maasim, Sarangani, play a critical role in providing the stable energy needed to support and attract investments, not just within the province but across Mindanao,” emphasized Alcantara.
Alcantara also highlighted the company’s role in attracting large-scale industrial projects, including the multi-billion-dollar Panhua Integrated Steel Plant, a flagship venture by China’s Panhua Group, slated for completion by 2026 in the Kamanga Agro-Industrial Ecozone (KAIEZ) in Maasim, Sarangani.
“As we diversify our power sources, we remain committed to driving Mindanao’s growth, fostering economic progress, and safeguarding our natural resources,” Alcantara concluded.
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