by | Jan 10, 2025 | Business
Kuala Lumpur, Malaysia, 10 January 2025 — Nusantara Global Network is proud to announce its latest strategic partnership with HF Markets, aimed at delivering high-value trading incentives through an Exclusive Rebate Program. This collaboration offers traders the opportunity to maximize their earnings with immediate and substantial rebates, elevating the overall trading experience.
The HF Markets Rebate Program is specifically designed for Standard and Pro account holders, providing them with generous daily rebates based on their trading activity. This initiative revolutionizes the way traders are rewarded, enabling them to earn up to $67.50 per lot, with rebates credited directly to their trading accounts every day.
“We’re excited to partner with HF Markets and introduce this HF Markets Rebate Program, offering traders an innovative way to boost their earnings while enhancing their trading efficiency,” said the Head of Nusantara Global Network. “This program reflects our dedication to providing exceptional trading tools and opportunities that empower our traders to succeed.”
Key Features of the HF Markets Rebate Program:
Rebates for Standard & Pro Accounts: Traders can earn up to $67.50 per lot starting from as low as 0.01 lot.
Daily Rebate Payments: Rebates are credited every day to the trading account.
Flexible Position Holding: Positions held for 2 minutes or more qualify for the full rebate, while positions held for less than 2 minutes receive half the rebate.
HF Markets representative stated, “This partnership with Nusantara Global Network marks a significant step forward in delivering value to our clients. The HF Markets Rebate Program exemplifies our commitment to providing traders with industry-leading solutions that enhance profitability and improve their overall trading experience.”
The HF Markets Rebate Program is available across a range of account types, including Premium, Cent, and Top-Up Bonus Accounts, with the following rebate rates:
Gold: $13.50 per lot
FX: $8.10 per lot
For Pro & Zero Spread Accounts, the rebate rates are:
Gold: $6.30 per lot
FX: $3.60 per lot
This innovative HF Markets Rebate Program is part of a broader trend towards creating more profitable, trader-friendly solutions in the financial industry. Nusantara Global Network continues to prioritize its clients by offering the latest tools, incentives, and support for optimal trading success.
About HF Markets
HF Markets is a globally recognized trading broker, offering advanced trading platforms, competitive pricing, and exceptional customer support. Known for its trader-first approach, HF Markets delivers innovative solutions such as the HF Markets Rebate Program to ensure superior trading experiences for clients worldwide.
by | Jan 10, 2025 | Business
In 2024, SolX Technologies’ clients realized total savings of PHP 500 million through innovative energy solutions applied across 365 MW of capacity in industrial facilities, commercial establishments, and educational institutions.
Manila, Philippines – January 2025 – SolX Technologies Inc. is at the forefront of transforming the Philippine energy landscape, empowering businesses to address regulatory compliance challenges, sustainability, and operational efficiency. In 2024, SolX Technologies’ clients realized total savings of PHP 500 million through innovative energy solutions applied across 365 MW of capacity in industrial facilities, commercial establishments, and educational institutions.
With an average electricity savings of 25% per client—and exceptional savings of up to 40% for clients managing more than five facilities and subscribed to at least three of our services, including the Renewable Energy Marketplace (REM), Energy Efficiency and Compliance (EEC), and Energy Portfolio Management (EPM)—SolX Technologies continues to excel in delivering substantial and measurable value. Our flagship Energy Portfolio Management (EPM) service alone has generated over PHP 220 million in savings, along with an additional PHP 80 million in cost reductions from our Renewable Energy Marketplace (RE Marketplace).
Helping Clients Meet RA 11285 Compliance
As the April 15, 2025, deadline for compliance under the Energy Efficiency and Conservation Act (RA 11285) approaches, SolX Technologies is dedicated to guiding industries through the transition to a sustainable future. Our comprehensive Energy Efficiency and Compliance services are designed to optimize energy usage and support the adoption of renewable energy, ensuring businesses meet regulatory standards while realizing significant cost savings.
Key clients, including Converge ICT, Charter Chemical & Coating Corp., Genstar Manufacturing Corporation, the Lua Group of Companies (Nature Spring), Splash Corporation, and 21st Century Steel Mills, have partnered with SolX Technologies to enhance compliance and operational efficiencies. A prominent collaboration is with Sta. Lucia Mall.
Through this partnership, Sta. Lucia Mall aims to save PHP 1.7 million monthly by improving its energy procurement strategy and implementing energy-saving measures, resulting in significant cost reductions and enhanced operations.
“Energy efficiency encompasses more than merely attaining compliance; it drives sustainability and facilitates long-term cost reduction,” stated Atty. Bradley Cua, Co-Founder of SolX Technologies Inc.
“Partnering with SolX Technologies has enabled us to optimize our energy procurement, securing a contract that forecasts monthly savings of PHP 1.7 million,” added Ms. Andres, Vice President for Finance at Sta. Lucia Mall.
Commitment to Sustainability
SolX Technologies prioritizes regulatory compliance and promotes energy safety through workshops and consultations on responsible energy use. We invest in training for our energy auditors and data teams, fostering innovative solutions that align with the Philippine Energy Transition Strategies outlined in the Philippine Energy Plan for 2023 to 2050.
Future Outlook
With the RA 11285 compliance deadline on the horizon and growing demand for renewable energy solutions, SolX Technologies is well-positioned to continue its innovation trajectory. We remain committed to advancing solar energy adoption and providing robust support to businesses as they strive to meet regulatory milestones.
by | Jan 10, 2025 | Business
Explore the groundbreaking convergence of AI and cryptocurrency reshaping the digital future. Discover how AI agents dominate blockchain networks, drive innovation, and tackle challenges in decentralization, ethics, and privacy. Unveil key trends and insights into crypto’s evolution in 2025.
The worlds of artificial intelligence (AI) and cryptocurrency are converging, creating groundbreaking opportunities and challenges for industries worldwide. As NVIDIA’s revolutionary AI announcements at CES 2025 spark fresh optimism, the crypto industry is witnessing a paradigm shift.
The emerging trend? A future where AI agents dominate blockchain networks, reshaping digital finance and beyond.
AI Agents: The New Faces of Blockchain?
Key players in the crypto space foresee AI agents—not humans—becoming the primary users of blockchain networks.
Evan, an ecosystem lead at Monad, boldly predicts: “We will see a billion agents on-chain before we see a billion humans.” Unlike humans, AI agents navigate blockchain’s often unfriendly user experience seamlessly, driving efficiency and adoption.
Platforms like Virtuals exemplify the growth potential, amassing $60 million in revenue through AI-driven solutions. Meanwhile, projects like AI16z have seen their tokens surge in value, further validating the AI-crypto synergy.
Haseeb Qureshi of Dragonfly Capital emphasizes the democratizing power of AI in blockchain development. With advancements in AI cloud compute, developers can now launch applications for as little as $10,000—far less than traditional costs—ushering in an “on-chain renaissance.”
However, this progress raises ethical concerns, particularly regarding authentication and trust, as AI agents may soon pass as humans in digital interactions.
Crypto’s Evolution: From Collapse to Optimism
The cryptocurrency sector faced turbulent times in 2022 following the collapse of FTX and the conviction of its co-founder, Sam Bankman-Fried. Yet, the industry has rebounded dramatically, buoyed by the political climate.
Donald Trump’s victory in the 2024 U.S. presidential election has infused optimism, with promises to position the U.S. as the global cryptocurrency capital.
Pro-crypto policies, including the nomination of Paul Atkins as SEC chairman, have propelled Bitcoin beyond the $100,000 mark, signifying renewed investor confidence.
Geoffrey Kendrick of Standard Chartered envisions proactive regulation removing barriers for banks and institutions, potentially leading to broader crypto adoption.
AI’s Role in Decentralization and Empowerment
The integration of AI in crypto could address longstanding concerns about monopolization by big tech and state control. Delphi Labs, a Web3 research initiative, highlights crypto’s potential to prevent such monopolies by delivering superior solutions for developers and users alike.
Already, projects like Wayfinder are enabling AI agents to autonomously interact with blockchain networks, hinting at a decentralized future.
Yet, philosophers like Yuk Hui urge caution, suggesting AI will augment rather than replace human potential, transforming society in ways we cannot yet imagine.
Technological Foundations and AI Personalization
AI’s growing influence extends beyond finance. Companies like Microsoft and NVIDIA are driving innovations in AI tools and infrastructure. NVIDIA’s Blackwell chip, set to ship in 2025, promises up to 30x faster AI operations, revolutionizing data center efficiency.
Massive investments in data centers—up to $1 trillion globally over the next five years—will be key to supporting AI’s expansion.
On a personal level, AI services are becoming increasingly customized. Mustafa Suleyman of Microsoft envisions AI as an ever-present co-pilot in daily life, managing tasks like diary scheduling with unparalleled precision.
However, concerns about privacy and trust loom large, as users must decide how much access to grant these tools.
The Rise of Promising Crypto Assets
In the volatile crypto market, tokens like Render (RNDR) and Artificial Intelligence (AI) have emerged as standout performers. With bullish indicators like strong RSI scores and exponential moving averages, both tokens show significant growth potential.
RNDR, in particular, is drawing attention for its steady upward trajectory, while token AI benefits from growing interest in AI applications.
Still, investors must remain cautious. The crypto market’s inherent volatility demands thorough research and a clear investment strategy tailored to individual risk tolerance.
Conclusion: The Dawn of a New Frontier
As AI and crypto continue to intersect, they promise to redefine industries, empower developers, and decentralize control. While challenges related to trust, privacy, and ethical use persist, the potential for innovation and transformation is unprecedented.
With AI agents poised to dominate blockchain networks and groundbreaking technologies on the horizon, 2025 marks the dawn of a new frontier—one where human ingenuity and machine intelligence coexist to shape the digital future.
by | Jan 9, 2025 | Business
In today’s fast-paced (and very connected) world, motivational speakers play a crucial role in inspiring people and driving change. They also promote personal and professional growth. To stand out and make a lasting impact, a motivational speaker needs a mix of skills, traits, and strategies that cater to the needs of modern audiences. Here’s what makes an effective motivational speaker today: however, it’s important to understand that not all speakers are the same. Although some might focus on sharing stories, others may highlight practical advice. This variety is essential because it helps speakers connect with different groups of people.
1. Authenticity and Relatability
People connect deeply with speakers who are genuine (and relatable). An effective motivational speaker shares personal stories and real-life experiences that resonate with their audience. By showing vulnerability and authenticity, they build trust and demonstrate that success is achievable for anyone. However, this connection can be fragile. Although sharing personal challenges can inspire others, it also exposes the speaker to judgment. But, it’s important to note that vulnerability often leads to stronger bonds with the audience. Because of this, many speakers strive to create an environment where everyone feels comfortable sharing their (own) stories.
2. Clear and Actionable Message
A motivational speaker (who is super talented) needs to share a clear and focused message. This message shouldn’t just inspire the audience; it should also provide practical steps or insights for their own lives. The speaker’s goal is to spark action (in the audience), however, evoking emotion is also important. Because of this, finding a balance between inspiration and practicality is essential. Although the message must be motivating, it should also be something people can apply in their everyday lives.
3. Passion and Energy
Passion is contagious! An effective motivational speaker (1) radiates enthusiasm and energy that captures their audience. Their charisma keeps the audience engaged; however, it also enhances the effect of their words. This connection is key (2) because it helps people be more open to the message. Although some may believe that just speaking isn’t enough, the right energy can truly make a difference, but it requires effort & skill.
4. Deep Understanding of the Audience
Grabbing the audience’s attention is vital: it’s really important. A good speaker adjusts their content to meet the various needs, challenges, and aspirations of the people they are talking to. This requires research and empathy (because making connections is essential). However, being flexible also matters; without it, the message might not resonate as deeply (or perhaps not at all). Although it can be challenging, truly understanding the audience is what makes a presentation successful.
5. Storytelling Skills
Stories (they’re) really powerful tools for communication. Effective speakers can weave together compelling narratives that evoke emotions and illustrate key points. However, these stories also leave a lasting impression. They often highlight moments of struggle, perseverance, and triumph. Although storytelling is an age-old tradition, it remains relevant today (because it connects us all). This ability to share experiences is what makes stories so impactful.
6. Mastery of Communication Techniques
Clear articulation (which refers to speaking clearly), dynamic vocal modulation, and confident body language are really important for grabbing the audience’s attention. A good motivational speaker understands how to use pauses, ton,e, and gestures to highlight (or emphasize) key points and keep people engaged. However, it is crucial to remember that delivery matters just as much as the content. Although some might think that having good ideas is enough, this isn’t always true. Body language can greatly affect how messages are received because it helps convey emotions and intentions.
7. Adaptability to Technology
In today’s digital age, motivational speakers (1) need to embrace technology. Whether it’s delivering virtual keynotes, using social media to connect with larger audiences, or adding multimedia elements to their presentations, being tech-savvy is essential. However, many speakers find this challenging. They often feel overwhelmed by how fast things change. Although they excel at public speaking, they might not have the necessary skills to effectively use these new tools. But adapting is crucial because today’s audiences want more engaging content. This means that speakers not only have to know their material well, but they also need to successfully navigate the digital landscape.
8. Focus on Emotional Connection
Motivational speakers often do well (and this matters) when they inspire not just thoughts, but also strong emotions. They connect with their audience on an emotional level, which helps create a lasting experience. However, it’s not just the words they choose; it’s also about how they make people feel. Although some may believe that logic is the key, emotions can hold more power. Because of this connection, audiences are more likely to remember and be changed by what they experience.
9. Thought Leadership and Expertise
An effective speaker (1) is viewed as an authority in their area. They stay updated on trends, share innovative ideas, and provide valuable insights. This credibility boosts their ability to inspire and influence other people. However, it’s crucial to remember that not everyone will resonate with the same ideas. Although they might be knowledgeable, they also have to connect with their audience. Because of this, effective speakers often change their messages to suit different groups.
10. Call to Action
Lastly, a great motivational speaker (always) leaves the audience with a clear and powerful call to action. Whether it’s a shift in mindset, pursuing a goal, or committing to change, the audience should walk away with a sense of purpose and direction. In conclusion, being an effective motivational speaker today goes beyond delivering inspiring speeches. It requires authenticity, connection, actionable insights, and the ability to adapt to the evolving needs of audiences. However, by mastering these elements, a motivational speaker can truly make a difference in the lives of others. This is important because it helps people find their paths. Although some may think it’s easy, connecting with listeners takes real skill and effort. But when executed well, the impact can be profound.
by | Jan 9, 2025 | Business
Kuala Lumpur, Malaysia — January 9, 2025 — Nusantara Global Network, a premier financial services provider, has proudly announced a strategic collaboration with Broker Errante to introduce the Errante Rebate Self-Rebate Program. This program is specially designed to offer traders and Introducing Brokers (IBs) significant financial incentives, helping them maximize their trading profits effortlessly.
The Errante Rebate program allows participants to earn USD 8 per lot on currency trades and USD 12 per lot on gold trades. The standout feature of this program is the immediate rebate payout, meaning traders receive their rebates instantly upon closing a trade, without the usual 24-hour waiting period.
“We’re excited to partner with Broker Errante in launching this innovative rebate program,” said a representative of Nusantara Global Network. “Our goal is to provide a rewarding environment for traders and IBs to expand their earnings while accessing cutting-edge trading tools.”
This collaboration comes at a pivotal time, as demand for skilled financial professionals continues to rise. With immediate financial rewards and dedicated support for IBs, the Errante Rebate program empowers them to connect clients with high-value trading opportunities.
Key Features of the Errante Rebate Program:
Instant Rebate Payments: Rebates are credited to your account instantly after closing a trade.
Competitive Spreads and High Leverage: Traders enjoy tight spreads and leverage up to 1:500, with options to increase to 1:1000 for cent accounts.
Effortless Rebate Management: Rebates are credited directly into the trader’s account cabinet for seamless access.
Upcoming Copy Trading Features: Access micro, standard, and cent accounts, with copy trading coming soon.
Trusted Regulation: Broker Errante is regulated by CYSEC and FSA (Seychelles), ensuring a secure and transparent trading environment.
A Broker Errante spokesperson noted, “This partnership highlights our commitment to providing financial professionals with the tools they need to succeed. The Errante Rebate program significantly enhances the trading experience by offering immediate financial benefits.”
As the financial landscape evolves, Nusantara Global Network and Broker Errante are committed to helping traders grow by meeting their needs with real-time rewards and innovation-driven solutions. Take advantage of the Errante Rebate program to reduce trading costs and boost your potential earnings today.
With the Errante Rebate program, traders can significantly reduce their trading costs while boosting their profit potential. Don’t miss the chance to join the Errante Rebate program and discover a more profitable trading experience today.
FOR FURTHER INFORMATION PLEASE CONTACT US
About Broker Errante
Broker Errante is a prominent global player in the financial markets, known for offering advanced trading platforms, competitive spreads, and exceptional customer support. With a strong emphasis on creating a secure, efficient, and rewarding trading experience, Broker Errante provides traders with the vital tools they need to thrive in today’s fast-paced market environment.
by | Jan 9, 2025 | Business
Kuala Lumpur, Malaysia — 9 January 2025 — Nusantara Global Network, a leading financial services provider, has proudly announced a strategic collaboration with Broker Errante to introduce an exciting new Errante Rebate Self-Rebate Program. This initiative is designed to empower traders and Introducing Brokers (IBs) with highly competitive financial incentives, offering a seamless way to maximize trading profits.
The Errante Rebate program offers exceptional rewards, with traders earning USD 8 per lot for currency trades and USD 12 per lot for gold trades. A key advantage of this rebate system is the immediate rebate credit feature—rebates are credited instantly upon closing a trade, eliminating the typical 24-hour waiting period.
“We are excited to collaborate with Broker Errante on launching this innovative rebate program,” stated the head of Nusantara Global Network. “Our goal is to create an optimized trading environment where traders and IBs can grow their earnings while accessing world-class trading tools.”
This strategic partnership comes at an ideal time when the demand for skilled financial professionals is rising. The Errante Rebate program not only provides immediate financial rewards but also offers comprehensive support for IBs, enabling them to connect clients with profitable trading opportunities more effectively.
Key Features of the Errante Rebate Program:
Immediate Rebate Payments: Enjoy rebates credited instantly after closing trades, with no delays.
Competitive Spreads and High Leverage: Traders benefit from highly competitive spreads and leverage up to 1:500, with options to increase to 1:1000 for cent accounts.
Simple Rebate Management: Rebates are directly paid into the trader’s account cabinet for easy access.
Upcoming Copy Trading Options: Access to various account types, including micro, standard, and cent accounts, with copy trading features launching soon.
Regulatory Security: Broker Errante is regulated by CYSEC and FSA (Seychelles), ensuring a safe and transparent trading environment.
A representative from Broker Errante shared, “This partnership represents a major milestone in our commitment to supporting financial professionals with cutting-edge tools. The Errante Rebate system not only reduces trading costs but also significantly enhances the overall trading experience for our clients.”
As the financial industry continues to evolve, Nusantara Global Network and Broker Errante remain dedicated to meeting the growing needs of traders worldwide. The Errante Rebate program delivers real-time rewards, addressing market demands while supporting both companies’ goals of fostering innovation and empowering traders on their financial journeys.
About Broker Errante
Broker Errante is a global leader in financial markets, offering advanced trading platforms, competitive spreads, and top-tier customer support. With a strong focus on creating a secure, efficient, and rewarding trading environment, Broker Errante equips traders with the essential tools to succeed in today’s fast-paced markets.
by | Jan 9, 2025 | Business
Explore the future of Ethereum: Vitalik Buterin’s vision, the groundbreaking Pectra upgrade, and the journey to a $12,000 price prediction. Uncover key insights on Ethereum’s advancements, market trends, and challenges shaping the decentralized ecosystem.
Ethereum, the world’s leading blockchain platform, is poised for a transformative future. Recent developments, including insights from cofounder Vitalik Buterin and predictions by industry experts, suggest a compelling narrative for Ethereum’s continued evolution.
This article explores Ethereum’s technological advancements, the anticipated impact of the Pectra upgrade, and the broader implications for its price and ecosystem.
Vitalik Buterin’s Vision: Balancing Protocol and Application Development
Vitalik Buterin, Ethereum’s cofounder, has hinted at increasing his focus on core development and fostering innovation within Ethereum’s ecosystem. He has emphasized the importance of scaling Ethereum’s core protocol to enhance data availability and network efficiency.
This involves key upgrades like increasing the blob target and introducing advancements such as Account Abstraction (AA), SIMD, and EVMMAX, which will improve Ethereum’s efficiency and developer experience.
Buterin’s strategy extends beyond protocol-level upgrades. He aims to highlight application-layer innovations, including groundbreaking projects and achievements in the ecosystem.
By promoting these developments, Buterin hopes to inspire community engagement, foster creativity, and strengthen Ethereum’s decentralized philosophy.
The Pectra Upgrade: Ethereum’s Game Changer
Scheduled for the first quarter of 2025, the Pectra upgrade promises significant improvements to Ethereum’s performance, scalability, and usability.
Combining the Prague and Electra updates, Pectra aims to address longstanding issues like high gas fees and limited transactions per second (TPS), which have hindered Ethereum’s competitiveness against rivals like Solana and Binance Smart Chain.
Key features of the Pectra upgrade include:
1. Enhanced Staking Flexibility: Validators can stake up to 2048 ETH per node, up from the previous 32 ETH limit. EIP-7251 introduces auto-compounding rewards, while reduced slashing penalties encourage broader participation.
2. Peer Data Availability Sampling (PeerDAS): This feature simplifies data handling for Layer 2 networks, reducing costs and boosting speeds.
3. EVM Enhancements: Ethereum Virtual Machine improvements through EIP-7692 will optimize smart contract execution, enhancing network efficiency.
These advancements are expected to attract institutional investors, reduce network congestion, and make Ethereum more competitive in the blockchain space.
ETH Price Today
Today, when this article was written on January 9, the price of Ethereum is at $3,311 with a decrease of 1.49%. In fact, previously ETH was at $3,385 as the highest price in 24 hours.
The RSI value of Ethereum is also very low at 30.88 with a decreasing MACD line so that the bearish forecast could occur soon.
Ethereum Price Predictions: A Bullish Outlook
Dr. Sean Dawson, Head of Research at the DeFi protocol Derive, has projected Ethereum’s price could surge to $12,000 in 2025—a 257% increase from its current price of approximately $3,500.
This bullish scenario hinges on the successful implementation of the Pectra upgrade and a regulatory-friendly environment under Donald Trump’s presidency.
Trump’s administration has signaled support for cryptocurrency innovation, pledging to position the U.S. as a global crypto hub. This could attract institutional investments and foster a favorable ecosystem for Ethereum’s growth.
EThereum’s Challenges and Risks
Despite the optimism, Ethereum faces challenges. The rise of competing layer-1 blockchains offering higher risk-reward opportunities could divert investor interest. Additionally, failure to secure institutional backing for Ethereum ETFs or real-world asset (RWA) adoption might hinder growth.
Bearish scenarios include potential price drops below $2,000 if key milestones, like the Pectra upgrade or ETF launches, fail to meet expectations. Market sentiment has shown volatility, with bearish signals dominating derivatives markets and significant liquidations impacting prices.
Community and Developer Engagement
Ethereum’s success lies in its ability to foster a vibrant ecosystem. Long-term holders have shown growing confidence in ETH, with 75% holding their tokens for over a year by the end of 2024, up from 59% in January.
This trend reflects trust in Ethereum’s potential and the community’s resilience despite market fluctuations.
Additionally, layer-2 solutions like Base and innovative applications in Decentralized Physical Infrastructure Networks (DePIN) and AI agents are driving Ethereum’s utility. These advancements align with Buterin’s vision of an ecosystem that thrives on collaboration and innovation.
Conclusion: A Promising Future of Ethereum
Ethereum stands at the cusp of a transformative era. With Vitalik Buterin’s leadership, the Pectra upgrade, and a strong community, Ethereum is well-positioned to lead Web3 innovation.
If these developments materialize as anticipated, Ethereum could achieve unparalleled scalability, attract institutional investment, and solidify its status as the foundation of the decentralized internet.
As 2025 approaches, all eyes are on Ethereum’s journey. With a balance of technical advancements and ecosystem growth, the future looks promising for both developers and investors alike.
Remember, do thorough research before deciding to buy Ethereum or other crypto tokens. Check the price regularly and check the conversion of ETH to USD or other tokens to other countries’ currencies so you can estimate the budget allocation for investment.
by | Jan 8, 2025 | Business
Staynex is proud to announce an exclusive private dinner hosted by Patrice Evra in Causeway Bay, Hong Kong, on January 12th!
Location: Hong Kong
Tickets: Limited JetSET Passes are now available for auction. Don’t miss this once-in-a-lifetime opportunity to be part of an exclusive travel and hospitality event with Patrice Evra, the football legend and Staynex’s Travel Ambassador.
About the Event
The private VIP event on January 12 is the highlight of this exclusive experience, but winners of the JetSET Pass will enjoy a 2-day package that includes:
2-night hotel stays at premium accommodations in Hong Kong.
Event details here:https://bit.ly/4gK0qpqRisk Disclaimer: Investing in cryptocurrencies involves significant risks. Please understand that your funds are your responsibility. Always Do Your Own Research (DYOR) before making investment decisions.#Staynex#JetSETPass#PatriceEvra#ExclusiveEvent#LuxuryExperience#FootballLegends#Web3#TravelInnovation
by | Jan 8, 2025 | Business
Discover how unexpected U.S. economic data and Federal Reserve rate concerns drove sharp declines in crypto and traditional markets. Explore detailed analysis on Bitcoin, Ethereum, altcoins, equities, and the broader economic impacts in our latest report.
On January 7, 2025, the cryptocurrency and traditional markets experienced sharp declines, driven by stronger-than-expected U.S. economic data that raised concerns about the Federal Reserve’s rate cut timeline.
Market participants had been anticipating rate cuts in 2025, but the latest data has prompted a reassessment, leading to widespread sell-offs across risk-driven assets.
Bitcoin and Major Cryptocurrencies
Bitcoin price dropped over 5% in the past 24 hours, settling at $95,706. According to Coinglass, more than $483.44 million in long positions were liquidated within this period.
Other cryptocurrencies followed suit, with Ethereum falling over 8% and Solana declining by more than 8%.
Altcoins saw steeper losses than Bitcoin. Ethereum price slid to $3,362.76, a drop of 8.04%, while XRP price and Solana price fell 2%–8.13%, respectively. Meme tokens like Dogecoin tumbled 11,06%, illustrating the pervasive impact of macroeconomic pressures on speculative assets.
Crypto-related equities also suffered significant losses. Coinbase shares fell more than 8%, while MicroStrategy dropped nearly 9%. Bitcoin miners Mara Holdings and Core Scientific were down by about 7% and 6%, respectively.
Economic Data Sparks Concerns
The primary catalyst for the market downturn was the release of two critical economic reports. The Institute for Supply Management (ISM) revealed a December Purchasing Managers’ Index (PMI) of 54.1, up from November’s 52.1 and surpassing the consensus forecast of 53.5.
This data pointed to unexpected resilience in the private service sector, raising concerns about persistent inflation.
Additionally, the November Job Openings and Labor Turnover Survey (JOLTS) indicated higher-than-expected job openings, despite a decline in hiring.
The quit rate, a measure of worker confidence, fell to 1.9% from October’s 2.1%. These indicators suggest a robust labor market, complicating expectations for the Federal Reserve’s monetary policy.
Federal Reserve Outlook
Investors are now recalibrating their expectations for rate cuts, with less than a 50% chance of any reduction before June. The Federal Reserve is widely expected to maintain current interest rates during its upcoming January meeting.
Fed officials have reiterated concerns about sticky inflation and the resilience of the labor market, aligning with the central bank’s December statement that rate cuts in 2025 will be cautious and measured.
Higher interest rates generally bode poorly for speculative assets like cryptocurrencies, as they reduce liquidity and increase borrowing costs. This dynamic has been a recurring challenge for the crypto market, which struggled through much of 2022 and 2023 due to tightening monetary policy.
Broader Market Impacts
The stock market mirrored the crypto market’s decline, with the S&P 500 falling 1.1% and the Nasdaq Composite dropping 1.9%.
Shares of tech giants and companies heavily invested in AI, such as Nvidia, fell 6.2%, despite announcements of new initiatives. These movements underscore the pervasive risk aversion affecting all speculative assets.
Trump’s Presidency and Crypto Market Sentiment
Bitcoin’s recent rally past $100,000 in late 2024, driven by optimism surrounding Donald Trump’s presidential election victory and his promises of crypto-friendly policies, was entirely wiped out by the latest downturn.
As Trump’s inauguration on January 20 approaches, market participants are eagerly awaiting more details on his administration’s crypto policy plans.
Conclusion
The steep declines in both crypto and traditional markets highlight the sensitivity of speculative assets to macroeconomic indicators and monetary policy expectations.
While Bitcoin and altcoins saw significant losses, the underlying market sentiment remains tied to broader economic conditions and Federal Reserve actions.
Investors will closely monitor upcoming data, such as the December nonfarm payrolls report, for further insights into the U.S. labor market and inflation trends.
Bitrue can help you in doing in-depth research before investing in the crypto market. Use indicators such as RSI, Bollinger Bands, to MACD to do a comprehensive technical analysis. You can use all of these indicators for free without registering for premium.
by | Jan 8, 2025 | Business
Kuala Lumpur, Malaysia, 8/1/2025 — Nusantara Global Network, a leading financial services provider in Asia, has partnered with Broker Valetax, a global brokerage firm renowned for its premium trading services, to launch the Valetax Rebate system. This collaboration aims to enhance the trading experience by offering traders substantial rebates, thus maximizing profitability while reducing costs.
The Valetax Rebate system offers traders attractive incentives, providing 12 USD per lot for gold trades and 9 USD per lot for currency trades. This initiative allows traders to significantly reduce trading expenses, increasing their overall profitability while benefiting from a smoother trading experience across various financial markets.
Key Benefits of the Valetax Rebate System
By combining Nusantara Global Network’s expertise in the Asian financial markets with Broker Valetax global platform, the Valetax Rebate program is set to transform trading practices. Through this rebate system, traders can earn rebates on every trade, promoting increased trading volumes and fostering trader loyalty.
“The partnership with Broker Valetax is transformative for our clients,” said the CEO of Nusantara Global Network. “We are dedicated to offering cutting-edge tools that empower traders. The Valetax Rebate system will help traders reduce costs and improve the overall trading experience.”
Traders using the Valetax Rebate system will automatically receive rebates based on their trading volume. The attractive rebates on both gold and currency trades make this system a lucrative choice for both retail and institutional traders looking to maximize their earnings.
Valetax Rebate Aligns with Market Demand
As the financial services industry moves toward more cost-efficient and transparent solutions, the Valetax Rebate program addresses these shifting demands. The combination of automated rebates with advanced trading technology offers traders a more profitable and streamlined trading environment.
“At Broker Valetax, our priority is delivering value to our clients,” said a representative from Valetax. “The Valetax Rebate system will enable traders to lower transaction costs and increase profitability, positioning them for long-term success.”
For traders seeking to reduce trading costs and boost profitability, the Valetax Rebate program offers an exceptional opportunity to optimize their trading strategies and achieve greater success.
For information please contact here.
About Broker Valetax
Broker Valetax is a global brokerage firm offering a wide range of trading services, including forex, commodities, and indices. Known for its advanced trading platform, low spreads, and customer-focused approach, Broker Valetax equips traders with the tools they need to succeed in the highly competitive global markets.
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