by | Feb 10, 2025 | Business
MANILA, Philippines – On November 19, France-Philippines United Action Foundation hosted hosted an Opening Event in Alliance Française de Manille to celebrate the arrival of the Plastic Odyssey Expedition in the Philippines, uniting the French-Filipino community in support of this impactful initiative. Having sailed across three continents and visited over 20 countries, Plastic Odyssey’s laboratory ship has now docked in Manila to continue its mission of addressing plastic pollution in the most affected areas and empowering communities with sustainable solutions.
This exclusive event brought together environmental advocates, educators, and key stakeholders to spotlight the global fight against plastic pollution. Guests were introduced to Plastic Odyssey, a pioneering initiative committed to reducing plastic waste through a global network of local recycling projects.
The program was emceed by Xavier Leroux, Executive Director of Alliance Française de Manille, and Kevin Charuel, Managing Director of CCI France Philippines. Warm opening remarks were delivered by Rémy Tirouttouvarayane, Deputy Head of Mission at the Embassy of France in the Philippines, and Marie-Maylis Charlat, President of the France Philippines United Action Foundation (FPUA), setting the tone for an evening dedicated to collaboration and sustainable innovation.
Plastic Odyssey: A Global Initiative Raising Awareness and Sharing Sustainable Solutions
During the event, Simon Bernard, President and Co-Founder of Plastic Odyssey, delivered an inspiring presentation on the global initiative’s mission to combat plastic pollution through innovative recycling technologies and educational campaigns. He showcased how the expedition has been transforming plastic waste into valuable resources, fostering a global network of local recycling initiatives, and inspiring communities to adopt sustainable practices.
Santhosh Paramel, Asia Pacific Operations Director and Vice-President of the Delfingen Foundation, elaborated on their collaborative efforts with Plastic Odyssey. He highlighted their direct support in establishing two micro-factories in the Philippines, designed to empower local communities with practical recycling solutions for tackling plastic waste effectively.
Youth for Dagat: Empowering Filipino Youth to Combat Plastic Pollution
The event also saw the launch of the Youth for Dagat Program, a school-based initiative aimed at empowering Filipino youth to take action against plastic pollution. Spearheaded by the France Philippines United Action Foundation (FPUA), the program emphasises environmental education, equipping students with practical tools to understand and address the harmful impacts of plastic waste. Alexandra Acedillo, FPUA Project Coordinator, underscored the program’s mission to nurture a new generation of environmental advocates by fostering grassroots engagement and promoting actionable solutions.
Funded by the Embassy of France to the Philippines, the Youth for Dagat Program forms part of the Embassy’s Blue Nations initiative, which seeks to strengthen collaboration between France and the Philippines on maritime and climate issues. It also serves as a preparatory step for the 2025 United Nations Ocean Conference (UNOC) in Nice, reaffirming the commitment of both nations to environmental sustainability and ocean preservation.
Building Connections and Showcasing Impact
The evening concluded with a networking cocktail, providing participants the chance to engage directly with the Plastic Odyssey crew. Attendees were also treated to a special screening of the Plastic Odyssey documentary, offering an in-depth exploration of the expedition’s transformative work worldwide.
This opening event marked a significant milestone in fostering cross-cultural partnerships to address one of the planet’s most pressing environmental challenges. By bringing together key stakeholders and innovative solutions, it set the stage for meaningful collaboration and action toward a sustainable future.
by | Feb 10, 2025 | Business
MEXC, a global cryptocurrency exchange, is celebrating Bitcoin’s rise with a “Buy BTC for $1” trading event from February 9-12, 2025. This symbolic pricing commemorates Bitcoin’s growth from around $1 in 2011 to over $100,000 in 2024. The event features a 350,000 USDT prize pool for KYC-verified users (new and existing) who participate in Futures trading. Prizes are awarded based on trading volume.
MEXC highlights Bitcoin’s role as the cornerstone of crypto investment and driver of mainstream adoption. The exchange emphasizes its own growth and contributions, including a top ranking in spot and derivatives trading, over 3,000 listed tokens, $136 million in airdrop rewards, competitive fees, and robust liquidity. MEXC aims to provide a user-friendly platform for its 30 million+ users across 170+ countries, offering innovative features and exclusive events. They encourage users to research before investing in the volatile crypto market.
Seychelles, February 10, 2025 — MEXC, a leading global cryptocurrency exchange, has launched a landmark celebration of Bitcoin’s continued market dominance with a trading event titled “Buy BTC for $1“, symbolically pricing Bitcoin at $1 to commemorate its journey from around $1 in 2011 to over $100,000 in 2024. The celebration features a massive 350,000 USDT prize pool, demonstrating MEXC’s commitment to rewarding its community.
This initiative, running from February 9 to 12, 2025, comes at a notable moment in Bitcoin’s transformation. The leading cryptocurrency’s extraordinary trajectory has reshaped the financial landscape, evolving from a niche digital asset to a major investment vehicle. MEXC has been instrumental in this evolution by providing professional-grade trading infrastructure and robust liquidity for various market participants. In 2024, MEXC not only ranked among the top global exchanges with an 11.6% spot market share but also recorded the highest year-over-year growth in derivatives trading among major exchanges.
Eligible KYC-verified users, both new and existing, can participate in the “Buy BTC for $1” event through Futures trading on MEXC’s platform. The event’s 350,000 USDT prize pool will be distributed among participants based on their trading volume, with higher trading volumes increasing their chances of winning a larger share.
“Even amid recent turbulence in the crypto market, Bitcoin remains the cornerstone of crypto investment. Currently, Bitcoin serves as the main driver of the mainstream adoption of cryptocurrency, with its price breaking the $1 mark in February 2011 and surpassing $100,000 in December 2024, continuing its upward trend. This new event is a prime example of how we create exciting, unique opportunities for our users, enabling them to engage with the market at an unimaginable price point. It’s an exciting way for both seasoned traders and newcomers to benefit from the incredible potential of Bitcoin,” said Tracy Jin, Vice President at MEXC.
MEXC’s contribution to Bitcoin’s ecosystem and the broader crypto industry extends beyond promotional events. The exchange has distinguished itself through several key achievements in 2024:
An extensive listing of over 3,000 tradable tokens to capitalize on emerging opportunities.
Distribution of $136 million in rewards through 2,293 airdrop events.
Implementation of competitive fee structures to help traders maximize their profits.
Maintenance of robust liquidity and market depth to facilitate smooth execution in extreme market conditions.
“At MEXC, our users’ interests are always at the heart of everything we do. With over 30 million users across more than 170 countries, we continue to expand our reach while innovating to provide the best possible trading experience. We’re committed to offering cutting-edge trading features and organizing exclusive events that empower crypto enthusiasts and newbies to explore new opportunities and grow their portfolios,” Tracy added.
MEXC’s platform enhancements and strategic initiatives have earned recognition from TokenInsight, securing positions among the Top 6 in Spot trading and Top 5 in Derivatives trading. These achievements underscore the exchange’s role in facilitating professional crypto trading and its commitment to serving experienced market participants.
For full event details and participation rules, visit the event page.
Risk Disclaimer
The information provided in this article about cryptocurrencies does not represent MEXC’s official stance or investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully evaluate market fluctuations, project fundamentals, and potential financial risks before making any trading decisions.
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by | Feb 10, 2025 | Business
Asuene Inc. is set to conduct measurement of total CO2 emissions at “ap bank fes ’25 at TOKYO DOME Society, Life, and Music” music festival, organized by AP Bank, founded in 2003 by musician Takeshi Kobayashi, Kazutoshi Sakurai of Mr.Children, and Ryuichi Sakamoto,Grammy and Academy award winning composer. The event will take place at Tokyo Dome on February 15-16. A pre-event calculation of CO2 emissions estimates at 894 t-CO2. By utilizing use of renewable energy sources at Tokyo Dome, offsetting emissions with carbon credits, and encouraging behavioral changes among participants, “ap bank fes ’25” will be a 100% carbon-neutral event.
Asuene and AP Bank aim to use this event to raise awareness of the environmental impact of daily actions, encouraging individuals to take responsibility and make better choices for the environment.
The State of the Planetary Environment
The direct causes of extreme weather events can be explained by atmospheric pressure patterns familiar from weather maps. However, the increase in heatwaves and heavy rainfall over the past few decades is undeniably linked to human activity. The IPCC Sixth Assessment Report confirms, with scientific certainty, that fossil fuel consumption is driving climate change. Extreme weather is becoming the norm, significantly impacting our daily lives and future.
In reality, we are seeing wildfires spread across North America, and Japan is experiencing more frequent typhoons and torrential rains. Over the past 150 years, temperatures around Japan have risen by 1.4°C, and the effects of climate change are becoming more evident. For instance, Typhoon Hagibis in 2019 saw 13.6% more rainfall due to human-induced warming, causing massive floods. In central Tokyo, the number of extreme heat days (above 35°C) reached a record 22 days, with total summer days exceeding 90 days, threatening public health and daily life.
Measuring Environmental Impact to Achieve a Carbon-Neutral Event
Climate change is an immense challenge that often feels abstract and distant from daily life. Many people feel unsure about what actions to take or believe that individual efforts won’t make a difference. To overcome this barrier, “ap bank fes ’25 at TOKYO DOME Society, Life, and Music” will disclose itsPre-event Calculation of CO2 Emissions, helping attendees recognize better choices and take meaningful action.
By leveraging use of renewable energy , carbon credit offsetting, and environmental conscious behavior from participants, we are committed to realizing a 100% carbon-neutral event. We believe this initiative represents a significant step toward a sustainable future.
Pre-Event CO2 Emission Measurement Results
Asuene will measure the estimated CO2 emissions for “ap bank fes ’25 at TOKYO DOME Society, Life, and Music” based on both pre-event projections and post-event actual values. The goal is to minimize emissions related to the event, including participant transportation, energy consumption, and waste. In collaboration with event organizers, venue managers, and service providers, Asuene measured the emissions from various activities. The pre-event CO2 Emissions measured amount was 894 t-CO2.
Breakdown of CO2 Emissions by Category
Total emissions: 894 t-CO2
・Participant transportation: 682 t-CO2 (76.3%)
・Merchandise & food and beverage: 85 t-CO2 (9.4%)
・Venue operations (stage production): 82 t-CO2 (9.1%)
・Energy consumption: 34 t-CO2 (3.8%)
・Waste: 8 t-CO2 (0.9%)
・Organizer transportation: 3 t-CO2 (0.3%)
Reducing CO2 Emissions
The pre-event measurement of CO2 Emissions indicates that Participant Transportation accounts for the largest share of emissions. While travel is a necessary part of modern life, individuals can contribute to emission reduction by choosing low-carbon transportation options.
Created by Asuene based on Japan’s Ministry of Land, Infrastructure, Transport, and Tourism data:
・Choosing trains over flights can reduce CO2 emissions by approximately 80%.
・Switching from gasoline cars to hybrid vehicles or trains can reduce emissions by about 50% and 84%, respectively.
・Using bicycles or shared e-scooters for short distances instead of trains can eliminate CO2 emissions entirely.
Other options include optimizing travel routes for lower emissions, using low-carbon fuels, or switching to EVs powered by renewable energy.
Comment from Kohei Nishiwada, Asuene CEO
“A dream has come true. I am honored to collaborate with AP Bank, an organization at the forefront of addressing environmental and social issues, in measuring the CO2 emissions for ‘ap bank fes ’25 at TOKYO DOME.’
‘ap bank fes’ was a major inspiration in my personal journey toward solving environmental issues. I am excited to give back and contribute to making the Tokyo Dome event in February 2025 as meaningful and impactful as possible.”
About AP Bank
Founded in 2003 by Takeshi Kobayashi, Kazutoshi Sakurai, and Ryuichi Sakamoto, AP Bank has championed sustainability by supporting clean energy and environmental initiatives. Starting with funding eco-friendly projects, AP Bank expanded its activities to include the “ap bank fes” outdoor music festival and disaster relief efforts, continuously evolving its impact.
AP Bank will host “ap bank fes ’25 at TOKYO DOME Society, Life, and Music” on February 15-16, 2025. Tokyo Dome will utilize RE100-certified renewable energy, ensuring that the event operates on virtually CO2-free electricity.
Event Overview
Title: ap bank fes ’25 at TOKYO DOME Society, Life, and Music
Date: February 15 (Sat) – 16 (Sun), 2025
Venue: Tokyo Dome
Organizer: AP Bank
Website: https://www.apbank.jp/fes25
by Ferry Bayu | Feb 9, 2025 | Business
For many Filipinos, the idea of joining a gym can feel out of reach—whether due to high costs, long-term contracts, or intimidating environments. At GoGym, we’re on a mission to change that. By offering affordable, accessible, and inclusive fitness solutions, GoGym is redefining what it means to stay healthy and active in Metro Manila.
Traditional gyms often come with hefty membership fees, hidden charges, and rigid contracts that make fitness an exclusive privilege rather than an accessible necessity. With health concerns on the rise and a growing awareness of the importance of exercise, GoGym aims to remove financial and psychological barriers so that more Filipinos can prioritize their well-being.
“We built GoGym because we saw a gap in the market—people wanted quality fitness facilities, but they didn’t want to break the bank,” says Andrew Phillips, CEO of GoGym. “We believe that fitness should be something anyone can afford, not just a select few.”
GoGym’s low-cost, high-value model ensures that members receive top-tier gym facilities, personal training access, and digital tools—all without the overpriced fees that traditional gyms charge.
How GoGym Keeps Prices Low Without Sacrificing Quality
GoGym isn’t just about affordability; it’s about smart fitness solutions that maximize value. Here’s how we do it:
No Hidden Fees, No Contracts: Unlike traditional gyms that lock members into long-term commitments, GoGym offers flexible, commitment-free memberships that fit every lifestyle.
Tech-Enabled Experience: By integrating gym management into our mobile app, GoGym reduces the need for excessive admin staff and paperwork, passing the savings directly to our members.
Optimized Gym Layouts: Our gyms are designed for maximum efficiency, ensuring that members get the most out of their workouts without unnecessary frills that drive up costs.
Community-Driven Motivation: Through gamified challenges, leaderboards, and rewards, members stay engaged without needing costly external motivation.
“We focus on what matters—helping people move, stay healthy, and enjoy their workouts,” says Felicia Perez, Chief Product Officer. “By keeping things simple and leveraging technology, we provide a premium experience at a fraction of the cost.”
Breaking Down Barriers, One Neighborhood at a Time
With five locations in Bonifacio Global City (BGC) and Poblacion, Makati, GoGym is expanding its footprint to bring affordable fitness to more neighborhoods across Metro Manila. Our goal? To create a gym culture where cost is never a reason to skip a workout.
Whether you’re a student, a young professional, or someone looking to get back into fitness, GoGym welcomes you with open arms—and without the intimidation or financial stress that comes with many traditional gyms.
“GoGym is for everyone. It doesn’t matter if you’ve never stepped into a gym before or if you’re training for a marathon,” adds Kristoff Inocentes, Head of Sales & Marketing. “We’re making fitness more approachable, more engaging, and—most importantly—more affordable.”
Join the Movement
The demand for budget-friendly fitness is growing, and GoGym is leading the way. By combining affordable pricing, digital convenience, and an inclusive environment, we’re ensuring that fitness becomes a way of life for more Filipinos.
Ready to experience fitness without the high price tag? Visit a GoGym location today or download the GoGym app to start your journey!
About GoGym Philippines
GoGym is a tech-enabled fitness gym currently growing in the Philippines with a mission to make fitness more accessible, affordable, and inclusive for all, one neighborhood at a time.
This press release has also been published on VRITIMES
by | Feb 9, 2025 | Business
Yep AI, a pioneering AI solutions company, has announced the launch of its latest innovation, the Yep AI Digital Human, set to revolutionize customer engagement and business operations.
Founded in 2020 and headquartered in Melbourne, Yep AI specializes in creating hyper-realistic digital avatars that combine advanced natural language processing (NLP), real-time lip-sync technology, and data-driven insights to deliver unparalleled user experiences. With its cutting-edge AI solutions, Yep AI aims to empower businesses across diverse industries, including retail, energy, and real estate.
The Advancing AI Solution Beyond Chatbot
On February 7, 2025, Yep AI announced the launch of its latest innovation AI chatbot, redefining the future of customer interaction and digital engagement.
Unlike traditional AI chatbots, Yep AI’s avatar takes a significant leap forward in human touch to engage users more effectively. It redefines customer interaction through hyper-realistic digital avatars capable of dynamic, real-time conversations that feel genuinely human. One of its standout features is the ability to provide humanized interactions that go beyond scripted responses.
“In today’s fast-paced digital world, businesses need solutions that do more than automate responses, they need tools that foster trust, connection, and long-term engagement.”, says Tony Shen, CEO of Yep AI, “No longer about rigid robots, animated characters, or pre-recorded avatars. We believe that real-time digital humans are the future of customer service.”
The Ideal Solution for Business Owners
24/7 Live Assistant: Yep AI stands out as the optimal choice for enterprises looking to enhance customer service while streamlining operations. With support for over 80 languages, Yep AI ensures global accessibility. Additionally, the digital human is designed to streamline lead generation by capturing potential customer details, qualifying prospects, and even supporting one-click meeting scheduling—all within a single, interactive platform.
Effortless Integration: Yep AI’s avatar chatbot allows anyone to deploy the system within minutes without requiring specialized IT expertise, supporting seamless integration into their website, system, or third-party platforms in just a few clicks.
Affordable Innovation: Competing tools usually target large enterprises with high budgets, often leaving SMEs underserved. Starting from just a few dollars to high-end customization, Yep AI is enabling businesses of all sizes to compete in the digital landscape.
Real-Time Analytics and Insights: Yep AI provides actionable insights through its analytics dashboard, helping businesses refine their customer engagement strategies over time.
Yep AI Powers Solar Innovation: Strategic Partnership with Aus Solar Energy Group Boosts Customer Engagement by 45%.
Highlighting its adaptability and industry focus, Yep AI has formed a strategic partnership with Aus Solar Energy Group, a leader in Australia’s renewable energy sector.
Aus Solar empowers businesses with innovative solar solutions, providing residential, commercial, and battery storage systems—delivering sustainability, savings, and unmatched energy independence.
Yep AI’s chatbot was integrated into Aus Solar’s customer service ecosystem, where it addressed common inquiries about solar panel installations, energy savings, and government incentives. The digital avatar, named ‘Blacky,’ not only handled initial customer queries but also streamlined meeting scheduling and provided after-sales support. As a result, client tests showed a 45% improvement in responsiveness, a 30% boost in lead conversion rates, and a 25% reduction in handling time.
Shaping the Future of AI-Driven Customer Support
As businesses increasingly turn to AI for customer support, tools like Yep AI are paving the way for a more efficient and engaging future. By addressing industry pain points with humanized, customizable, and affordable solutions, Yep AI is redefining the customer experience.
by | Feb 7, 2025 | Business
Calamba, Laguna – January 2025 – Xavier School Nuvali has been officially awarded the Excellence in Institutional Sustainability Award for its leadership in renewable energy adoption and commitment to sustainability. The award, co-presented by SolX and the Department of Energy (DOE) recognizes the school’s significant efforts in reducing its environmental impact through a rooftop solar energy system.
Calamba, Laguna – January 2025 – Xavier School Nuvali has been officially awarded the Excellence in Institutional Sustainability Award for its leadership in renewable energy adoption and commitment to sustainability. The award, co-presented by SolX and the Department of Energy (DOE) recognizes the school’s significant efforts in reducing its environmental impact through a rooftop solar energy system.
The award ceremony took place on January 27, 2025, as part of the Switch-On Ceremony for the newly installed 99kWp solar PV system. The system consists of 190 panels and 1 inverter, producing 140,185 kWh annually. Over the next 25 years, it will help reduce 3,301 MWh in environmental impact, cutting 2,458 metric tons of carbon dioxide emissions, 1,046,780 gallons of gasoline, and 2,688,756 tons of coal. The event was attended by distinguished representatives from Xavier School, including Fr. Joseph “Jhaw” Y. Haw, SJ, Ed.D., School President, and Celia Tan, Finance, alongside SolX Technologies’ Co-Founder Atty. Bradley Cua, and project leads Robi Andres, ECE, PMP, Jeanuel Paje, RMEe, and Richard Julio, RMEe, as well as Marketing Lead Claudio Espiol. Representatives from Buskowitz Energy, including members from both the Marketing Department and the Operations and Sales Team, were also present.
Watch the whole message here: https://www.youtube.com/watch?v=6nCzyzzRt_4&t=1s
A video message from Department of Energy (DOE) Director Patrick T. Aquino, CESO III, Energy Utilization Management Bureau, reinforced the DOE’s full support for the school’s sustainability efforts. “This project signifies much more than the mere installation of solar panels. It embodies our collective dedication to reducing our carbon footprint, conserving resources, and embracing innovative solutions to power our future,” he said. He further emphasized, “Every small step we take can lead to significant and meaningful change.”
The symbolic Switch-On Ceremony was led by the Buskowitz Team, marking the official activation of the solar PV system. Antonella M. Dimaculangan, Project Head from Buskowitz Group, described the significance of the moment, stating, “This ceremony is not just about switching on a solar PV system, but about committing to a sustainable future.”
Fr. Joseph “Jhaw” Y. Haw, SJ, Ed.D., School President of Xavier School Nuvali, said:“This project began as a financial decision, but in truth, it is the Holy Spirit at work—guiding us toward our deeper responsibility to care for our common home, as Pope Francis calls us to in Laudato Si’. At Xavier School Nuvali, sustainability is not just an initiative; it is a commitment woven into our mission. This solar energy system is more than infrastructure—it is a living laboratory for our students, a lesson in stewardship, and a catalyst for future leaders who will shape a world driven by responsibility, innovation, and care for creation.”
During the event, Bradley Cua and Antonella M. Dimaculangan presented the award to Fr. Joseph “Jhaw” Y. Haw, SJ, Ed.D., School President, and other key stakeholders from Xavier School, along with the project leaders. Atty. Bradley Cua, Senior Vice President of SolX Technologies and an alumnus of Xavier School, praised the school’s sustainability leadership, saying, “As an alumnus, it’s an honor to see Xavier School Nuvali take the lead in sustainability. Their action toward renewable energy serves as a model for others, helping pave the way for a more sustainable future for all Filipinos.”
The collaboration between Xavier School Nuvali, SolX Technologies, and the Sta. Rosa local government showcases how public, private, and educational sectors can work together toward sustainable energy adoption. Xavier School’s vision for a greener future serves as a model for other institutions, proving that strong leadership in sustainability can create a lasting impact on both the environment and future generations..
Looking ahead, SolX Technologies and Xavier School are set to celebrate the full turnover and Switch-On Ceremony at Xavier School San Juan, featuring a 380kWp solar system, further strengthening their commitment to sustainability and clean energy adoption across the country.
by | Feb 7, 2025 | Business
Ethereum faces high volatility amid a major selloff, with prices rebounding toward $3000. Explore key technical analysis, market trends, and upcoming upgrades like the gas limit increase and Pectra Fork. Is now the right time to buy ETH?
Ethereum (ETH) has experienced a significant price drop due to a massive selloff in the crypto market this week. This price decline is one of the largest in recent years, prompting more traders to liquidate their positions.
At the time of writing, Ethereum’s price stood at $2796, noting a rise of over 4% in the past 24 hours. ETH market capitalization reached $333.29 billion, while trading volume surged over 22% intraday.
Crypto Liquidations Hit $2.22 Billion: Will the Decline Continue?
The fear spreading through the crypto market led investors to offload their digital assets en masse. According to data from Coinglass, total liquidations reached $2.22 billion in a single day, with long-term traders suffering losses of $605 million due to the sharp price drop.
This selloff also significantly impacted other crypto assets such as Bitcoin, XRP, Solana, and Dogecoin. Bitcoin dropped by 6%, while XRP and Dogecoin lost 22% and 23%, respectively. The market slid further as panicked investors rushed to sell their holdings.
Ethereum Price Prediction: Can It Break $3000?
According to a post by IncomeSharks on X, ETH price has rebounded from the liquidation zone and is undergoing accumulation. This situation presents an opportunity for investors to buy at lower levels before a potential surge toward $3000.
Max Schwartzman, CEO of BecauseBitcoin, expressed a similar sentiment. “If the market stabilizes, patient holders may see rewards,” he said. However, traders remain cautious, closely analyzing macroeconomic factors that could influence Ethereum’s price in the near future.
Is It Time to Buy Ethereum?
Despite market turmoil, some industry figures remain optimistic. Eric Trump shared his positive outlook on Ethereum via the X platform, suggesting that now is a great time to buy ETH.
Following this post, Ethereum’s price began to recover. ETH price increased by 4.88% and is now trading at $2,796. However, despite the increase in price, the RSI and MACD indicators actually show a decrease which indicates a bearish trend.
Technical Analysis: Key Levels to Watch
Ethereum’s short-term price prediction suggests indecision among traders following the massive selloff. While the price has rebounded, lower trading volume indicates that many buyers are still hesitant to make large accumulations.
So far, ETH needs to break past the $3000 mark to attract more buyers. If it fails, selling pressure may persist. Technical analysis reveals several bearish indicators:
- The Relative Strength Index (RSI) remains in the oversold region, indicating strong selling pressure.
- The Moving Average Convergence Divergence (MACD) shows a negative crossover, signaling a potential downward trend reversal.
- Fibonacci retracement levels reveal that the key support level is at $2600. If ETH falls below this point, a major correction could follow.
If the price breaks above the 78.3% Fibonacci retracement level at $3100, buying momentum could return, leading to further recovery.
Ethereum and Gas Limit Increase: What’s the Impact?
Ethereum is preparing to take a new step in its development. More than 52% of validators have expressed support for increasing the gas limit, marking the first adjustment since The Merge in 2022. Currently set at 30 million, Ethereum’s gas limit is expected to rise to 36 million soon, with a long-term possibility of reaching 40 million.
This upgrade aims to:
- Increase Ethereum network capacity.
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Facilitate crypto transactions.
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Potentially reduce transaction fees.
Vitalik Buterin, Ethereum’s co-founder, emphasized that this change is the first fully controlled by the Proof-of-Stake (PoS) system, which is more decentralized than the previous Proof-of-Work mechanism. However, experts warn that a rapid increase could cause propagation failures and burden individual node operators.
Pectra Fork: Vitalik Buterin’s Strategic Move for Ethereum’s Future
Ethereum is set to reach a historic milestone with the Pectra upgrade scheduled for March 2025. This update not only aims to fix bugs but also redesign Ethereum’s foundation for greater efficiency and user-friendliness.
Pectra includes over 20 Ethereum Improvement Proposals (EIPs), such as:
1. EIP-7702: Converts regular accounts into smart accounts without complex migration, improving user experience.
- EIP-7251: Increases the staking limit per validator from 32 ETH to 2048 ETH, reducing technical requirements for large holders.
This move has sparked debate: Does giving more flexibility to whales (large holders) risk centralizing Ethereum? Buterin assures that this strategy will attract more capital without compromising network efficiency.
Conclusion: Where Is Ethereum Headed Next?
Ethereum stands at a crossroads, with high market volatility and multiple innovations underway. While prices remain uncertain, network upgrades and industry support indicate that Ethereum remains an asset worth watching.
However, investors should remain cautious and consider both technical and fundamental factors before making decisions. With the gas limit increase and the Pectra upgrade on the horizon, Ethereum has the potential to become more scalable and efficient, but it also faces significant challenges in the process.
For those looking for investment opportunities, understanding Ethereum’s market dynamics and technological advancements is key to making informed decisions.
by | Feb 7, 2025 | Business
Explore Solana (SOL) price analysis, market sentiment, and future predictions in this detailed article. Learn about recent fluctuations, key resistance and support levels, technical indicators, and the impact of global factors on Solana’s performance. Get insights into Solana’s potential for a rebound or further decline in the coming weeks.
The cryptocurrency market is as volatile as ever, with Solana (SOL) experiencing significant price swings. This article explores Solana’s current performance, market sentiment, and SOL future price prediction.
Solana’s Price Movements: A Volatile Market Ride
Solana has been on a rollercoaster ride, with its price fluctuating between $220 and $280 over the past month.
As of February 4, 2025, the cryptocurrency is trading at around $210, reflecting a 25% rise from its lowest point despite some downward trends.
The Relative Strength Index (RSI) sits at approximately 40, suggesting that SOL could be oversold and poised for a rebound if buying pressure increases.
However, when this article was written on February 6, the price of SOL has again decreased by 3.56% so that it is traded at a price of $ 196.99 with its highest price being $ 209.37 in the last 24 hours.
The RSI and MACD values show a decrease and indicate a bearish trend will occur shortly.
Will Solana Regain Momentum?
Market analysts predict that Solana could reach $250 by the end of February and potentially surge to $500 by the end of the year. However, this forecast hinges on several key resistance and support levels.
If SOL can break past $220, it may trigger a bullish trend towards $232 and $250. Conversely, failing to hold above $200 could push the price down to $192 or even test the crucial $175 support level.
Technical indicators reflect this uncertainty. The hourly MACD suggests a loss of bullish momentum, while the RSI remains below 50, signaling persistent market weakness.
Additionally, declining user engagement and reduced on-chain activity are raising concerns about Solana’s long-term sustainability.
AI Predictions and Market Reactions
Several AI-powered forecasting models predict mixed outcomes for Solana. Some models suggest a short-term increase of 9%, targeting a price of $211.05 by mid-February.
However, others foresee potential declines driven by broader economic factors, including recent tariff announcements by President Trump, which have impacted global markets and investor sentiment.
Solana has also faced a decline in active addresses and a drop in its Total Value Locked (TVL) from $12.1 billion to $10.2 billion, signaling a decrease in investor confidence.
Conclusion: What Lies Ahead?
Solana remains a major player in the cryptocurrency market, but its ongoing volatility and declining engagement pose challenges.
The next few weeks will be crucial in determining whether SOL can regain momentum or face further downward pressure.
For investors, staying informed and monitoring key market trends is essential. Whether Solana rebounds, the crypto market remains dynamic, offering both risks and opportunities for savvy traders.
by Penny Angeles-Tan | Feb 7, 2025 | Events
This Valentine’s season, The Manila Hotel invites guests to celebrate love with an array of curated experiences, from indulgent dining to a romantic staycation.
A Cozy and Romantic Staycation
The Manila Hotel is offering an exclusive Valentine’s Staycation package, a privilege reserved for those seeking a truly intimate experience. This package, available only for a limited time, includes an overnight stay and an intimate in-room dining experience for two. Guests can choose between a Deluxe Room for ₱12,999 nett or a One-Bedroom Suite for ₱14,344 nett. Both options come with breakfast for two, a specially prepared in-room dining set menu, and a complimentary mini-bar.
The in-room dining set menu features the following dishes:
- Pacific Rim Caesar Salad with Shrimp
- Cream of Pumpkin-Carrot Soup
- Fettuccine in Cherry Tomato Cream with Fresh Basil
- Roast U.S. Beef Tenderloin, Strawberry Éclairs
- Pink French Macarons
This offer is available for booking until February 14, 2025, with the stay period running from February 13 to 15, 2025. Please refer to DTI Fair Trade Permit No. FTEB-21311 Series of 2025.
A Romantic Dining Experience at the Enchanting Champagne Room
Experience the enchanting ambiance of Manila’s most romantic dining venue, the Champagne Room, as it presents a special six-course Valentine’s Degustation Dinner. The menu features exquisite dishes, including:
- Pan-Seared Foie Gras and Prawn on Melon Gazpacho
- Cauliflower-Apple Soup with Lump Crab Meat
- Lobster-Ricotta Ravioli in Light Lobster Cream Sauce
Guests can choose between two main courses:
- Chilean Sea Bass with Spring Pea Sauce
- Beef Tenderloin in Truffle Red Wine Sauce
To complement the meal, enjoy a sweet and refreshing Peach-Lemon Sorbet. The dinner concludes with a delightful dessert of White Chocolate Mousse with Nougat Crisp, plus Valentine’s Pralines, accompanied by coffee or tea.
This exclusive event is available on February 13 and 14, 2025, at ₱7,000 net per person. Each lady will also receive a complimentary rose.
Valentine’s Day at Red Jade
Red Jade, one of the hotel’s renowned dining outlets, is offering a special menu thoughtfully crafted for a romantic dinner for two. The menu features a Trio of Dim Sum Delights: Fish Pearl Soup, stir-fried shrimp in lettuce cups, Fried Pigeon with Pork Asado, Simmered Beef Brisket with Pistachio and Chinese Buns, and Pit Lobster with Cheese and Efu Noodles. The meal concludes with Taro Swan and Strawberry Coconut Jelly. This exclusive menu will be available for lunch and dinner from February 13 to 15, 2025, at a price of ₱6,280 nett for two persons.
Lobby Lounge and Tap Room Special Offers
For a delightful daytime experience, The Manila Hotel presents a pink-themed Afternoon Tea that includes a selection of treats such as Strawberry Bibingka, Puto Bumbong, Strawberry Fruit Tartlet, Raspberry Jam Cookies, Raspberry Macaron, Strawberry Panna Cotta, Tuna Sandwich on Pink Bread, Cucumber Cream Cheese Sandwich, and Smoked Salmon Crepe Roll.
This Afternoon Tea is served with a choice of coffee, tea, or hot chocolate, and you can add a glass of sparkling wine for an additional ₱800. Priced at ₱1,299 net, it is best enjoyed by two people and is available daily from 10:30 am to 6:00 pm throughout February.
From February 13 to 15, 2025, a special Valentine’s A La Carte menu will be offered from 11:00 am to 11:00 pm, featuring dishes such as Pacific Caesar Salad, Tomato Cream Soup, Seafood Tom Yum Spaghetti, Braised Beef Ribs in Barbecue Sauce, Chicken Valdostana, and Strawberry Panna Cotta.
For a hearty treat, try the Wagyu Burger, which features a premium chuck eye, and Wagyu patty served in a charcoal bun, accompanied by Emmental cheese, crisp green ice lettuce, and Japanese sesame dressing, along with golden potato wedges. This option is available throughout February.
Toast to romance with our specially crafted Valentine’s cocktails designed to please your palate. The “Sweet and Sultry” cocktail is a refreshing mix of Beefeater gin, Rose Monin, and tonic water, elegantly garnished with butterfly pea flowers.
The “Sweet Lips” cocktail combines Smirnoff vodka, lemon juice, watermelon, and Rothberry, finished with a cherry for a romantic touch. Priced at ₱350 per glass, these Valentine’s cocktails are available throughout February.
A Starry-Eyed Dinner at the Sun Deck
Guests can enjoy a romantic alfresco dining experience under the stars with the Sun Deck’s special Valentine’s Day set menu. This delightful feast includes Pomelo Shrimp Salad, Crustacean Bisque, Pan-Seared Scallops, a Seafood Medley, and French Macarons, with the option of coffee or tea. The menu is available from February 13 to 15, 2025, from 6:00 PM to 9:00 PM, for ₱6,950 nett for two persons.
February Treats at the Delicatessen
The Valentine’s goodie counter at the Delicatessen features an array of delightful treats, from handcrafted chocolates to irresistible pastries, perfect for sweetening the season of love.
These indulgent creations are available daily until February 17, 2025, from 7:00 AM to 9:00 PM, making them an ideal gift for Valentine’s Day. Additionally, the Delicatessen offers the Frozen Strawberry Parfait Cake with Pistachio Dacquoise, a wonderful treat available throughout February, perfect for celebrating love.
For inquiries and reservations, call +632 8527-0011 or +632 5301-5500, email in**@************el.com, or visit www.manila-hotel.com.ph.
The Manila Hotel, situated next to Kilometer Zero (0), the point where the City of Manila begins, is a testament to the city’s rich history. This prime location symbolizes the hotel’s central role in the city’s development and its status as a landmark. Since 1912, It has been the preferred choice for distinguished guests, consistently delivering exceptional services and amenities for a truly memorable experience.
The hotel features over 500 well-appointed rooms and 22 function rooms, including three ballrooms. Additionally, it offers five-star relaxation and wellness experiences through the Manila Hotel Spa, as well as adult and children’s pools and the Manila Hotel Health Club. Visitors can explore the Heritage Museum, which showcases priceless memories that recount the hotel’s illustrious past, and an Art Gallery that provides insight into contemporary perspectives through the works of various artists.
Dining at The Manila Hotel is an adventure in itself, with six diverse dining outlets, each offering a unique and exciting culinary experience. From the extensive international buffet selection at Café Ilang-Ilang to the romantic European cuisine at the Champagne Room, there’s something to excite every palate.
- Café Ilang-Ilang is a popular choice for its extensive international buffet selection.
- The Champagne Room, known for its Old European style, is considered the most romantic dining space in Manila, specializing in European cuisine within an elegant setting.
- The Tap Room, inspired by an old English pub, provides an atmosphere for enjoying live music.
- The Lobby Lounge is perfect for casual dining, aperitifs, late-night drinks, or informal meetings.
- Red Jade is a fine-dining restaurant that serves authentic Chinese cuisine.
- The Delicatessen offers the hotel’s signature pastries, bread, chocolates, and pralines.
by | Feb 7, 2025 | Business
- The Magna Carta for Filipino Seafarers and its Implementing Rules and Regulations (IRR) address long-standing issues in the maritime industry, ensuring alignment with international standards like the Maritime Labour Convention (MLC) 2006.
- The law combats unfair labor practices, including ambulance chasing, while guaranteeing fair employment conditions, access to quality maritime education, and clear dispute resolution mechanisms.
- The law enhances coordination among MARINA, CHED, TESDA, the Department of Migrant Workers (DMW), and the Department of Health to uphold global maritime standards and support future seafarers.
MANILA – The passage of the Magna Carta for Filipino
Seafarers, along with its recently-signed Implementing Rules and Regulations
(IRR), marks a major milestone in addressing long-standing issues in the
maritime industry.
During a forum on the ‘Magna Carta Law and IRR’ organized by
the Association of Licensed Manning Agencies (ALMA) Maritime Group, Congressman
Ron Salo recognized the crucial role maritime stakeholders played in advocating
for the legislation. He stressed that the law was designed to protect the
rights and welfare of seafarers while aligning with international standards
such as the Maritime Labour Convention (MLC) 2006.
“This law was enacted to address decades of challenges
faced by the men and women who risk their lives at sea to keep global trade
moving,” Salo said. He highlighted concerns such as ambulance chasing and
the failure to meet international maritime standards—issues that have
threatened the job security of Filipino seafarers.
Salo, often referred to as the Father of the Magna Carta for
Filipino Seafarers, previously chaired the Committee on Overseas Workers
Affairs and was instrumental in pushing for the law in the House of
Representatives.
The Magna Carta includes strict measures against ambulance
chasing, a long-standing issue unique to the Philippines that has drawn
criticism from global shipowners and impacted the employability of Filipino
seafarers since the early 2000s.
The new law ensures that seafarers are given fair and humane
employment conditions, protects them from exploitative practices, and
guarantees access to quality, affordable maritime education and training. It
also establishes clear grievance mechanisms and a streamlined dispute
resolution process to safeguard their financial and emotional well-being.
The establishment of seafarer hubs offering legal aid,
skills training, and welfare programs is another cornerstone of the law, funded
by the Overseas Workers Welfare Administration (OWWA).
“This is not a distant dream—it is a vision we can realize
with the Magna Carta as our compass,” the speaker added, urging stakeholders to
unite in implementing the law effectively.
The Magna Carta also strengthens inter-agency collaboration
among MARINA, CHED, TESDA, the Department of Migrant Workers (DMW), and even
the Department of Health to ensure compliance with international standards and
to equip future seafarers for an evolving industry.
“If there’s a disagreement about the disability grading or
fitness for work, the [implementing rules and regulations] ensures that the third-party
doctor can provide a binding determination resolving disputes efficiently and
fairly. And I am very pleased to inform you that we have discussed this
lengthily already with the Secretary of the Department of Health,” noting the active
participation of the ALMA Maritime Group and its chair Atty. Iris Baguilat.
As the nation positions itself as a leader in maritime
innovation, the speaker called on seafarers to uphold the highest standards of
professionalism, stating, Together, we will not just weather the storms; we
will sail towards a brighter horizon.”
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