by | Jan 6, 2025 | Business
Explore Bitcoin’s remarkable 2024 performance, key drivers of its 150% surge, and expert predictions for 2025. Discover risks, bullish trends, and whether BTC could reach $250K. Stay informed with the latest insights!
Bitcoin (BTC) has had a monumental year in 2024, with its value soaring by an impressive 150%, cementing its place as one of the top-performing assets of the year. As we approach 2025, analysts remain optimistic about Bitcoin’s future, with price projections ranging between $200,000 (€193,000) and $250,000 (€241,000).
This article delves into the factors fueling Bitcoin’s meteoric rise, its prospects for 2025, and the risks and challenges that lie ahead.
Key Drivers of Bitcoin’s 2024 Rally
Here are some things about the BTC journey during 2024.
1. Regulatory Optimism
Bitcoin’s rally in 2024 was underpinned by significant regulatory developments in the United States. The approval of a spot Bitcoin ETF by the U.S. Securities and Exchange Commission (SEC) in January sparked a surge in investor interest.
This milestone was followed by the highly anticipated Bitcoin halving event in April, further boosting confidence in the cryptocurrency market.
2. Improved Macroeconomic Environment
With major central banks adopting more accommodative monetary policies, the easing cycle supported risk-on sentiment among investors. The increased liquidity in global markets created a conducive environment for Bitcoin’s bullish performance.
3. Investor Enthusiasm and Institutional Adoption
Bitcoin’s price received a significant boost following Donald Trump’s election victory in November 2024. His pro-crypto policies and commitment to making the U.S. the “crypto capital of the planet” resonated with investors.
Institutional capital also began flowing into the cryptocurrency market at unprecedented levels, further solidifying Bitcoin’s position.
The Bullish Cycle Continues
Historically, Bitcoin has experienced significant price surges every four years, with past cycles in 2017 and 2021 delivering gains of 2,300% and 1,700%, respectively.
Analysts believe this pattern is likely to continue, with Tom Lee of Fundstrat Global Advisors predicting a potential price of $250,000 by 2025. Standard Chartered is more conservative, forecasting a target of $200,000.
Bitcoin’s price movement is closely tied to central bank policies. As interest rates are expected to remain low in 2025, the risk-on sentiment is anticipated to persist, supporting further gains for Bitcoin.
Latest information update, when this article was written on January 6, the price of BTC has recovered and even penetrated the price of more than $ 101,000 with an increase of 3.78%. This increase began in the afternoon with the lowest price in 24 hours being $ 97,589.
The strengthening of the BTC price is supported by the RSI indicator which is at 60 with a dominant buying trend rather than a selling trend. The MACD line is also seen increasing as a sign that bullish could occur shortly.
Regulatory Tailwinds and U.S. Policy
The Trump administration’s crypto-friendly stance has created a robust regulatory tailwind for Bitcoin. The announcement of pro-crypto policies, such as plans to incorporate Bitcoin into the U.S. strategic reserves, has further bolstered investor confidence.
Senator Cynthia Lummis’s proposal to purchase up to 200,000 Bitcoin tokens annually underscores the administration’s commitment to digital assets.
Should these plans materialize, they could significantly impact Bitcoin’s supply and demand dynamics, with some analysts, such as Charles Schwab, predicting a potential price of $1 million per Bitcoin.
Risks and Challenges
Despite the optimistic outlook, Bitcoin faces several near-term risks:
1. Profit-Taking and Market Corrections
Bitcoin’s price has retreated from its all-time high of $108,000 (€104,300) in December 2024 to its current level of $94,000 (€90,800). This decline is attributed to profit-taking and a temporary shift to risk-off sentiment.
2. Technical Resistance Levels
From a technical perspective, Bitcoin’s immediate support level is at $90,000 (€87,000). A breakdown below this threshold could lead to a further decline toward $73,000 (€70,500).
3. Regulatory Uncertainty
While the incoming administration has shown strong support for crypto, delays in implementing these policies could dampen investor enthusiasm in the short term.
Institutional Insights and Market Trends
The Coinbase Premium Index, a key indicator of U.S. investor activity, has recently shown renewed interest from institutional buyers. This resurgence is a positive sign for Bitcoin’s price trajectory, as heightened demand from U.S.-based investors often drives significant market movements.
Additionally, prominent voices like Robert Kiyosaki, author of Rich Dad Poor Dad, remain bullish on Bitcoin, forecasting a potential price range of $175,000 to $350,000 in 2025. Kiyosaki attributes his optimism to increasing central bank money printing, which he believes will widen the wealth gap while boosting the value of real assets like Bitcoin, gold, and silver.
Conclusion
Bitcoin’s remarkable performance in 2024 has set the stage for an even more exciting 2025. With favorable regulatory developments, increasing institutional adoption, and a supportive macroeconomic environment, Bitcoin appears poised for continued growth. However, investors should remain mindful of near-term risks and market volatility.
As the cryptocurrency market matures and gains wider acceptance, Bitcoin’s role as a store of value and an investment asset will likely solidify further. Whether it reaches the ambitious price targets set by analysts remains to be seen, but one thing is certain—Bitcoin’s journey is far from over.
For those of you who want to make crypto investments in Bitcoin tokens, you can do in-depth research by visiting the Bitrue website. You can use various Bitrue features for free without even creating an account. Starting from checking prices, converting BTC to USD prices, to reading the latest articles about Bitcoin.
You can even get more benefits when you create an account on Bitrue because you can follow various hot events that are running and have the opportunity to get free crypto tokens
by | Jan 6, 2025 | Business
Enzim, the trusted enzyme-based toothpaste brand with over 2.8 million satisfied users across Southeast Asia, has officially launched in Singapore on January 6, 2025. Known for its Halal-certified, SLS-free, and enzyme-powered formula, Enzim offers a revolutionary oral care solution that tackles bad breath, dry mouth, and tooth sensitivity by enhancing saliva’s natural defenses. Recommended by dentists for its gentle, effective cleaning and ability to maintain bacterial balance, Enzim has earned testimonials from users who love its results. Now available on the Enzim Singapore Official Website, Shopee, and Lazada, Singaporeans can conveniently access this effective oral care product and experience healthier, fresher smiles starting today.
Exciting news for oral care enthusiasts in Singapore. Enzim, the beloved enzyme-based toothpaste brand, is finally here. Starting today, Singaporeans can experience the magic of healthier, fresher smiles with Enzim’s science-backed toothpaste now available at Enzim Singapore Official Website, Shopee, and Lazada.
As part of its Singapore launch, Enzim introduces two key products. Enzim Fresh Mint Toothpaste is specially crafted to address common oral care concerns such as bad breath and mouth ulcers. Its enzyme-powered formula enhances saliva’s natural defenses, promoting a clean, fresh, and healthy mouth while being gentle on sensitive mouth.
Enzim 40 PLUS Toothpaste, on the other hand, is a premium formula designed for those with dry mouths and sensitive teeth. Enriched with colostrum, it provides deep moisturising benefits to combat bad breath, soothes sensitive teeth, and supports oral health with the same enzyme technology, ensuring a balanced and protected oral environment.
Transform your oral care routine and say goodbye to bad breath, dry mouth, and tooth sensitivity. Enzim is here to revolutionise the way you care for your teeth and gums. Enzim uses the power of natural enzymes to enhance saliva’s defenses, keeping your mouth healthy and your smile radiant.
“We are thrilled to bring Enzim to Singapore,” said Yulia Saksen, spokesperson for Enzim Singapore. “Our products don’t just clean your teeth – they work in harmony with your saliva to protect and restore your mouth’s natural defenses. We can’t wait for Singaporeans to experience the Enzim difference!”
People across Southeast Asia have already fallen in love with Enzim, and their stories are nothing short of inspiring.
Khai, a loyal fan, shared, “Enzim FRESH MINT is a game changer! It doesn’t leave my mouth dry and has no SLS. My mouth feels clean but not stripped, and it’s gentle enough for my sensitive teeth.” Man Fung, another happy customer, exclaimed, “Fresh mornings and fewer coughs! My daughter introduced me to Enzim, and I’m so impressed. No more morning breath, and I rarely catch a cough now.”
Leading dental experts agree – Enzim is a smarter, safer choice for your oral health.
Dr. Reza Andrianin explained, “Avoid oral care products with detergents or antiseptics that can harm saliva’s natural quality. Enzyme-based toothpastes like Enzim maintain bacterial balance and protect against infections.”
Dr. Prajoko Yanto noted, “Balanced microorganisms are key to preventing cavities and tartar. Enzim’s enzyme-rich formula helps achieve this balance naturally.”
Dr. Renate Vania added, “Foamy toothpaste doesn’t mean better cleaning. SLS can irritate and reduce saliva quality. Enzim’s gentle, SLS-free formula is a healthier alternative.”
With over 2.8 million satisfied users across Southeast Asia, Enzim has become a trusted companion for those seeking effective and gentle oral care. Now, it’s Singapore’s turn to join this vibrant community and discover the joys of healthier, happier smiles.
Getting your hands on Enzim products is easy. Shop today at the Enzim Singapore Official Website, Shopee, or Lazada at enzim.sg for a convenient, reliable, and ready to deliver smiles right to your doorstep.
Since 2000, Enzim has been on a mission to enhance life quality through better oral health. With a focus on innovation, rigorous quality control, and sustainability, Enzim stands out as a brand that truly cares. Each tube of Enzim toothpaste is crafted with love and science, offering an unparalleled oral care experience.
Visit the Enzim Singapore Official Store and discover the science-backed, halal-certified, and enzyme-powered toothpaste that’s trusted by millions.
by | Jan 5, 2025 | Business
Overview:
Enigma Music City is a first-of-its-kind music festival blending live performances, art, and a five-act narrative that celebrates the evolution of Original Pilipino Music (OPM). Headlined by the iconic Sarah Geronimo, it features top-tier and emerging artists, immersive installations, and cryptic puzzles for an interactive experience.
Highlights
Venue Areas: Enigma Mall, Food Centre, Enigma Club, Main Stage, and Meet and Greet Hall.
Five Narrative Acts: A storytelling journey through The Townhall, The Parks, The Ruins, The District, and The Tower.
Four Pass Tiers: From City Passes to VIP.
Quote:
“Enigma Music City is a celebration of creativity, connection, and the unexpected,” says Gorio Gabriel, Founder of House Enigma.
Tickets: On sale November 30, 2024. Follow @enigmacityph for updates.
For media inquiries, contact: he***@*********ma.com
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Pasig City, Philippines — Brace yourselves for a game-changing music festival unlike anything you’ve experienced before. House Enigma proudly presents Enigma Music City, an extraordinary event that merges music, art, and interactive storytelling to deliver an all-new concert experience. Prepare to unlock the enigma on February 8, 2025 at Bridgetowne Open Grounds, Pasig City.
A Headliner Worth the Hype
Taking center stage is none other than the legendary Sarah Geronimo, a Philippine icon celebrated for her electrifying performances and unparalleled artistry. Her headlining act is just the beginning of the magic Enigma Music City has in store. Alongside her, expect a stellar lineup of renowned artists and emerging talents who will showcase a fusion of genres, guaranteeing a musical journey that transcends boundaries.
More Than a Festival
Enigma Music City is not just an event; it’s a fully immersive experience. The festival’s innovative design invites attendees into a world of discovery and wonder, where hidden clues, interactive installations, and cryptic puzzles turn the venue into a living, breathing enigma. Fans can dive into this mysterious universe and uncover secrets that bring an added layer of excitement to the festival.
In addition to world-class performances, Enigma Music City transforms into a vibrant cityscape, complete with:
Enigma Mall: A hub for merchandise, themed retail experiences, and immersive installations.
Food Centre: Savor a diverse range of culinary delights from curated food stalls and pop-ups.
Enigma Club: A nightlife hotspot with DJs and afterparty vibes to keep the energy alive.
Main Stage: The heart of the festival, where legendary performances and groundbreaking acts take place.
Meet and Greet Hall: A unique space to connect with your favorite artists and create unforgettable memories.
Four Levels of Access, Infinite Possibilities
To cater to every kind of festival-goer, Enigma Music City offers four exclusive pass tiers:
VIP – P3,980
Platinum – P2,550
Gold – P1,620
City – P640
Each pass offers unique perks and unlocks elements of the enigma, from VIP access to exclusive surprises. Stay tuned for the official reveal of pass details and pricing.
The Story Behind the Enigma
Enigma Music City isn’t just a festival—it’s a journey through a captivating storyline told in five acts. Attendees will step into The Townhall: The Reawakening, where the resurgence of OPM (Original Pilipino Music) takes center stage. From there, the narrative unfolds with The Parks: The Exploration, a district of vibrant performances and collaboration, and The Ruins: The Resistance, where a revolution brews on the city outskirts.
The excitement builds with The District: The Renaissance, a testament to the innovative spirit of OPM artists breaking boundaries, and culminates in The Tower: The Pinnacle, a celebration of music’s power to heal, unite, and inspire a brighter future. This structured narrative sets Enigma Music City apart from traditional festivals, offering a unique fusion of storytelling and live entertainment.
A Message from House Enigma
“Enigma Music City is more than just a festival—it’s a celebration of creativity, connection, and the unexpected,” says Gorio Gabriel, Founder and Business Development Head of House Enigma. “This is your chance to be part of something groundbreaking, something that will stay with you long after the lights go out.”
Save the Date
Tickets for Enigma Music City are currently on sale!
Follow them at @enigmacityph on all platforms for updates, teasers, and exclusive content.
Use the official hashtags #EnigmaMusicCity and #ANewConcertExperience to join the conversation and share your excitement.
Don’t miss your chance to unlock the enigma—because this isn’t just another festival. It’s a revolution in live entertainment.
About House Enigma
House Enigma is a trailblazer in the world of entertainment, dedicated to crafting unforgettable experiences that push boundaries and ignite imaginations. With a passion for innovation and storytelling, House Enigma creates events that captivate, inspire, and connect audiences around the globe.
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by | Jan 5, 2025 | Business
Vanguard Integrated Security Inc. has officially launched in the Philippine market, marking this milestone with an exclusive partnership with Germany’s Primion Technology AG, a global leader in advanced security solutions. Combining Primion’s 30+ years of expertise in state-of-the-art security systems with Vanguard’s innovative, client-focused approach, the collaboration aims to deliver cutting-edge, customized, and future-proof security solutions, including access control, time management, and alarm systems, to businesses nationwide. This partnership underscores Vanguard’s commitment to redefining security standards in the Philippines through world-class technology integration.
Cebu City, Cebu – Vanguard Integrated Security Inc., a cutting-edge technology company committed to delivering innovative and tailor-made digital solutions, is proud to announce its official launch in the Philippine market. This milestone is marked by an exclusive partnership with Primion Technology AG, a German leader in advanced security solutions with over 30 years of expertise. Together, the two companies are set to provide cutting-edge, customized, and future-ready security solutions to businesses and organizations nationwide.
A Partnership Built on Innovation and Expertise
The strategic partnership with Primion Technology AG enables Vanguard Integrated Security Inc. to offer world-class solutions that combine German engineering precision with locally tailored services. Primion Technology AG, renowned for its advanced security management systems, brings decades of experience and a proven track record in delivering reliable, state-of-the-art solutions to businesses across the globe.
Empowering Philippine Businesses with Cutting-Edge Security Technology
Vanguard Integrated Security Inc. specializes in delivering a comprehensive range of services to meet the unique needs of its clients. These include:
By leveraging Primion’s world-class technology, Vanguard Integrated Security is poised to empower businesses to enhance their security infrastructure and achieve greater operational efficiency.
Key Features of Primion’s Advanced Security Software
- Psm2200 Security Management Software
- Prime WebAccess – Access Control Software
- High ergonomic efficiency with standard web browser compatibility
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No software installation required on client PCs
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Simplified operation through geographical address assignment
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Browser-based workflows for automatic access rights assignment
- Prime WebTime – Time and Attendance Software
- Comprehensive and efficient correction options
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Seamless integration with existing staff remuneration systems
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Support for all commonly used credential technologies
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Integration of biometric systems for enhanced security
- Integrated Alarm Systems
- Advanced anti-theft solutions for mobile phones, tablets, and laptops
A Vision for the Future
“Our partnership with Primion Technology AG is a game-changer for the Philippine security industry,” said John Kyle – CEO, Vanguard Integrated Security Inc. “By combining Primion’s globally recognized expertise with our commitment to innovation and client-focused solutions, we aim to redefine security standards and help businesses protect their assets with confidence.”
This partnership highlights Vanguard Integrated’s mission to deliver seamless technology integration while ensuring that clients can maximize the potential of modern security systems. By focusing on innovation, collaboration, and excellence, Vanguard Integrated Security Inc. is well-positioned to lead the way in advancing security solutions in the Philippines.
About Vanguard Integrated Security Inc.
Vanguard Integrated Security Inc. is a forward-thinking technology company dedicated to providing bespoke, high-quality security solutions for businesses of all sizes. With a commitment to innovation and a client-first approach, Vanguard Integrated delivers services that enhance efficiency, security, and peace of mind.
About Primion Technology AG
Primion Technology AG is a German leader in advanced security solutions with over 30 years of expertise in developing and delivering state-of-the-art security management, access control, and time management systems. Known for its precision engineering and commitment to quality, Primion continues to set global standards in security technology.
by | Jan 3, 2025 | Business
Metro Manila, Philippines – Cebuana Lhuillier is elevating its widely popular 24K Rewards program by partnering with Xpress, the homegrown ride-hailing platform. This groundbreaking collaboration allows 24K cardholders to redeem their loyalty points for Xpress rides, merging practicality, innovation, and sustainability into the everyday lives of Filipinos.
How the 24K Partnership Works
The 24K Rewards card has long been a cornerstone of Cebuana Lhuillier’s customer loyalty programs, rewarding members for transactions such as remittances, pawning, and microinsurance. This partnership with Xpress now allows members to directly convert these points into ride credits, which can be used for XpressMoto motorcycles, sedans, or SUVs. Whether commuting to work or running errands, customers can now enjoy a seamless, cashless experience by simply using their rewards points.
Redeeming rides through the Xpress app is straightforward, empowering users to maximize their loyalty points. For frequent Cebuana Lhuillier customers, this means turning everyday transactions into real-world value, significantly reducing transportation costs.
Why This Partnership Stands Out
The Cebuana Lhuillier-Xpress partnership is a pioneering effort in the Philippine market. Unlike traditional rewards programs that focus on discounts or vouchers, this collaboration directly addresses a practical, everyday need: commuting. The ability to redeem points for transportation not only boosts the value of the 24K Rewards program but also provides immediate benefits to customers, particularly in urban centers where affordable and reliable transport is essential.
This collaboration also highlights Cebuana Lhuillier’s ongoing commitment to innovation and customer-centric solutions. By integrating with Xpress, the 24K Rewards program moves beyond financial services, setting a new standard for how loyalty programs can adapt to modern lifestyles.
A Vision for Sustainability
Xpress complements the practicality of the 24K Rewards partnership with its commitment to sustainability. In collaboration with BYD, the platform recently piloted electric and hybrid vehicles to promote eco-friendly commuting. With a vision to expand its “Eco Fleet,” Xpress is poised to lead the shift towards greener urban transport.
By incorporating EVs into its services, Xpress not only reduces emissions but also aligns with the growing demand for environmentally conscious transportation options. This further enhances the value of the 24K Rewards program, offering customers a chance to contribute to a greener future with every ride.
What It Means for Filipino Commuters
For customers, this partnership translates into better accessibility, affordability, and convenience. For the local transportation industry, it sets a new benchmark for collaboration and innovation. Cebuana Lhuillier and Xpress are paving the way for a smarter, more connected Philippines—one ride at a time.
Ready to make your points work for you? Download Xpress now and book your rides today. Learn more at www.xpress.ph and www.cebuanalhuillier.com.
by | Jan 3, 2025 | Business
Metro Manila, Philippines – In a bid to foster economic empowerment and job creation, Xpress is proud to announce the significant impact of its innovative RXP (Rider Xpress Program) initiative. Designed to provide aspiring moto taxi riders with the opportunity to own their motorcycles, the RXP program is transforming lives and paving the way for financial freedom.
Creating Opportunities for Aspiring Riders
The RXP program addresses a crucial barrier for many potential riders: the inability to afford a motorcycle. By offering motorcycles on a loan basis, Xpress enables individuals to start their careers without the burden of an upfront purchase. After a year of diligent work and commitment, these riders are rewarded with full ownership of the motorcycle, marking a significant milestone towards financial independence.
Training and Development: Beyond the Ride
Xpress believes that providing a motorcycle is just the beginning. The RXP program is committed to equipping riders with essential skills and knowledge to ensure their safety and success. All RXP riders undergo comprehensive training in First Aid and Basic Life Support, empowering them to handle emergencies effectively and contribute to the safety of their passengers and the community.
Financial Literacy and Business Acumen
Understanding the importance of financial literacy, Xpress has partnered with Cebuana Lhuillier’s Ka Negosyo Center to offer RXP riders access to seminars and workshops. These sessions cover crucial topics such as budgeting, saving, and managing finances, equipping riders with the tools needed to make informed financial decisions and achieve long-term financial stability.
Testimonials from RXP Riders
The success stories of RXP riders are a testament to the program’s impact. Many have shared how the program has not only provided them with a means of income but also a sense of purpose and pride. By becoming motorcycle owners, they have taken significant steps towards achieving their dreams and securing a better future for themselves and their families. Allan Tullio, a member of the RXP program, emphasizes, “Sa Xpress mararamdaman mo binibigyan ka ng halaga. May plano sila para sayo at handa silang tumulong. Sa part palang na yon, panalo na kami!”. The RXP riders appreciate Xpress’s commitment to supporting them, fostering a strong partnership that enables earning opportunities while ensuring mutual benefit and support.
<img style="width: 100%;" src="https://slvrdlphn.com/wp-content/uploads/2025/01/public-23" alt="Erick Dela Cruz – Xpress Mobility Operation Specialist, Ferdinand Delin – Xpress Mobility Training Lead, Allan Tullio – RXP Member, Cristian Jerald Almajar – RXP Member, Robert Belda – Head of Xpress Transport, Francis Clemen Doren – RXP Mmeber, Danver Pagilagan – RXP Member, Angeline Soriano – RXP Mobility Operations Lead, Rap Alforte – RXP Driver Acquisition and Retention” />
A Vision for the Future
Xpress is committed to expanding the RXP program and continuing to support riders on their journey to financial freedom. By creating more job opportunities and providing essential training and resources, Xpress aims to contribute to the overall economic growth and well-being of the communities it serves.
About Xpress
Xpress is a leading transportation service provider dedicated to offering reliable, affordable, and safe travel options. With a focus on innovation and community empowerment, Xpress continues to develop programs and initiatives that positively impact the lives of its riders and passengers.
For more information about the RXP program and other initiatives by Xpress, please visit www.xpress.ph.
by | Jan 3, 2025 | Business
Metro Manila, Philippines – In a significant step towards a greener future, the Xpress Super App has officially launched its sustainable transport program in 2024. This milestone achievement underscores the company’s commitment to reducing carbon emissions and promoting sustainable practices in the region, marking a pivotal moment in its dedication to environmentally friendly transportation options. The help of the Land Transportation Franchising and Regulatory Board (LTFRB) and its Chairman, Teofilo E. Guadiz III, have been instrumental in this endeavor. Chairman Guadiz’s advocacy for environmentally friendly transportation laws has been crucial in enabling Xpress Super App and Build Your Dreams (BYD) to kickstart this initiative.<img style="width: 100%;" src="https://slvrdlphn.com/wp-content/uploads/2025/01/public-25" alt="BYD Sealion 6 – BYD Showroom, Greenfield District” />
The success of this greener movement is largely attributed to the strategic partnership between Xpress Super App and innovative companies like BYD. The goal of this collaboration is to elevate the standards of public transportation in Metro Manila by leveraging cutting-edge electric vehicle technology and eco-friendly transit solutions.
Xpress Super App’s transition to sustainable transport is not just about introducing electric vehicles; it represents a comprehensive vision for a more eco-friendly urban environment. By prioritizing sustainability, Xpress Super App and BYD are contributing to the global fight against climate change while addressing Metro Manila’s urgent air pollution problem.
<img style="width: 100%;" src="https://slvrdlphn.com/wp-content/uploads/2025/01/public-27" alt="Xpress Drivers, Nilo Abania & Edgardo Ortinez” />
Xpress Super App’s commitment to sustainable transportation is a significant step towards a more environmentally friendly future for Metro Manila and soon the Philippines. As the initiative progresses, it promises to transform the public transportation landscape, fostering a cleaner, healthier environment for all. With continued dedication and support, Xpress Super App is poised to lead the way in sustainable transport solutions in the Philippines.
To learn more about Xpress please visit, www.xpress.ph.
by | Jan 3, 2025 | Business
What:
Xpress, a new Filipino-owned ridesharing app, launched in Metro Manila, offering innovative transportation solutions with 2-wheel (Moto) and 4-wheel (Sedan) options.
Who:
Xpress is backed by Cebuana Lhuillier. Key leaders include Jean Henri Lhuillier (Chairman), Cliff Cabungcal (President), and Nathan Taylor (CEO).
When:
The official launch event occurred on July 30, 2024.
Where:
The launch event was held at UNWND Boutique Hotel in Makati City, Metro Manila.
Why:
Xpress aims to revolutionize transportation in the Philippines by offering convenient, reliable, and community-focused ridesharing services. Its initiatives also support environmental sustainability, community empowerment, and technological innovation.
How:
Xpress leverages advanced technology like AI and data analytics, unique features like Scan & Ride, and collaborations with LGUs. It also supports its drivers through upskilling programs and entrepreneurial training while planning eco-friendly fleets and future digital platform integration.
Metro Manila, Philippines – July 30, 2024 – Xpress, the newest ridesharing app backed by Cebuana Lhuillier, officially launches today in Metro Manila. The media event, held at UNWND Boutique Hotel – Makati City, welcomed members of the press and showcased Xpress’s innovative features and commitment to providing convenient, reliable, and proudly Filipino transportation solutions.
Bringing Innovation to Ridesharing
Xpress offers both 2-wheel (Moto) and 4-wheel (Sedan) ride options, catering to the diverse needs of Metro Manila commuters. With a user-friendly app, passengers can easily book rides, enjoy competitive pricing, and experience high-quality service. Xpress aims to redefine ridesharing by leveraging advanced technology and a deep understanding of the local market. This launch marks the beginning of a journey of continuous innovation and expansion.
<img style="width: 100%;" src="https://slvrdlphn.com/wp-content/uploads/2025/01/public-13" alt="Mr. Nathan Taylor – Xpress CEO, Mr. Jean Henri Lhuillier – Xpress Chairman, Mr. Cliff Cabungcal – Xpress President” />
Unique Features of Xpress
Xpress sets itself apart with several unique features designed to enhance the user experience. The Scan & Ride feature, successfully operating in Boracay since early 2024, allows passengers to scan a QR code and instantly book a ride. Xpress also offers scheduled bookings, enabling users to plan rides in advance, and recurring bookings for regular commutes. Furthermore, Xpress prides itself on being the fastest ridesharing service, ensuring minimal wait times and efficient travel.
Successful Partnerships with Local Government Units (LGUs)
Xpress is proud of its successful partnerships with Boracay and El Nido LGUs, significantly improving local transportation. These collaborations have paved the way for smoother travel experiences for both locals and tourists. Xpress is excited to announce upcoming expansions to the program in the coming months, with 3 more destinations to be named in the coming weeks, further enhancing its footprint across the Philippines.
<img style="width: 100%;" src="https://slvrdlphn.com/wp-content/uploads/2025/01/public-14" alt="Mr. Josh Callueng – Xpress Head of Operations, Mr. Robert Belda – Xpress Head of Mobility & Transport, Mayor Strike Revilla, Xpress Rider, Ms. Kath Caday” />
Supporting Filipino Communities
Xpress is dedicated to empowering its driver partners through various initiatives. The ‘Ride for Xpress’ program offers upskilling opportunities in Road Safety, Customer Service, Emergency Response Training, and Entrepreneurial & Financial Education, in partnership with KaNegosyo Center. This initiative helps drivers transition from merely driving to becoming entrepreneurs, enhancing their livelihoods and contributing to the community’s economic growth.
Corporate Social Responsibility
As part of its commitment to social responsibility, Xpress has established an Emergency Response Team (ERT) for drivers. This team ensures swift assistance in emergencies, prioritizing the safety and well-being of both drivers and passengers.
<img style="width: 100%;" src="https://slvrdlphn.com/wp-content/uploads/2025/01/public-15" alt="Xpress’ Emergency Response Training (ERT)” />
Future Developments: Xpress Eco Fleet
Looking ahead, Xpress is planning to deploy its Eco fleet in the near future, consisting of 2-wheel and 4-wheel vehicles. The company is currently evaluating hybrid and fully electric vehicles (EVs) to contribute to environmental sustainability while providing top-notch service. This initiative aligns with the government’s efforts to reduce pollution and promote green transportation solutions, supporting a cleaner and healthier environment for all.
Customer-Centric Innovation
Xpress is revolutionizing transportation in the Philippines with a customer-centric approach that extends beyond traditional ridesharing. We are actively engaging with LGUs across Greater Metro Manila and MUCEP to integrate tricycles through partnerships with local TODAs. Our long-term vision includes seamless integration with public services like the MRT, LRT, and the upcoming subway system.
Looking to the future, we envision Xpress as a comprehensive Digital platform, incorporating not just mobility, but domestic travel (flights, ferries), Activity Booking, and Digital Payments ensuring a seamless and connected travel experience
<img style="width: 100%;" src="https://slvrdlphn.com/wp-content/uploads/2025/01/public-16" alt="Customer Riding Xpress 2-wheel” />
Harnessing AI and Data Analytics
At Xpress, our in-house data team leads the charge in utilizing AI and data analytics to elevate our services. Partnering with industry giants like Google and Microsoft, we are developing advanced demand models to accurately anticipate and fulfill customer needs.
Looking ahead, our AI-driven innovations will feature a digital concierge to deliver personalized customer experiences and a pioneering AI-based credit scoring system. This groundbreaking approach will offer customized financial services for our driver partners, ensuring they receive the support necessary to thrive.
Exciting Promotions and Offers
To celebrate the launch, Xpress is offering exclusive promotions, including 50% off the first trip for new users with XPRESSMOTO and XPRESSCAR. This promotion provides a great opportunity for commuters to experience Xpress’s fast and reliable service at an unbeatable price.
Quotes from the Leadership Team
Jean Lhuillier, Chairman of Xpress, stated, “We are thrilled to launch Xpress in Metro Manila, bringing a new level of convenience and reliability to ridesharing. Our focus on technology and community support sets us apart, and we are committed to making a positive impact on the lives of our driver partners and passengers.”
Cliff Cabungcal, President of Xpress, added, “Xpress is more than just a ridesharing app; it’s a movement towards a more connected and empowered community. Our successful partnerships with LGUs, together with our commitment to developing entrepreneurship across the entire Philippines and our innovative approach to service delivery will redefine transportation and digital services in the Philippines.”
Join the Xpress Journey
Xpress invites everyone to join the journey towards a more efficient and enjoyable commuting experience. Download the Xpress app today and be part of the future of ridesharing in Metro Manila.
About Xpress
Xpress is a Filipino-owned ridesharing app offering 2-wheel and 4-wheel ride options. Backed by Cebuana Lhuillier, Xpress is dedicated to providing reliable, convenient, and affordable transportation solutions. With a focus on community empowerment and technological innovation, Xpress aims to revolutionize the ridesharing industry in the Philippines.
by | Jan 3, 2025 | Business
What
Xpress is launching a digital e-trike booking system in Boracay, designed to enhance transportation efficiency, promote sustainability, and support local economic growth. Key features include real-time updates, scam prevention, QR code-enabled rides, and a live monitoring dashboard.
Who
The initiative is a partnership between Xpress, the Boracay Local Government Unit (LGU), Mayor Floribar Bautista, Vice Mayor Niño Cawaling, the Boracay Land Transport Multi-Purpose Cooperative (BLTMPC), Chairman Joel V. Gelito, Vice Chairman Prodencio Vargas, and General Manager Joan Pineda.
When
The timeline of the launch is not explicitly stated but includes prior successes in Manila as a reference for implementation.
Where
Boracay Island, Philippines.
How
Xpress is implementing a digital platform for e-trike services, complemented by rider and driver emergency response training, financial literacy seminars, and collaborations with initiatives like Ka-GoNegosyo. The approach emphasizes regional adaptation, sustainability, and economic empowerment.
Metro Manila, Philippines – Xpress is thrilled to announce its strategic partnerships with the Boracay Local Government Unit (LGU), Mayor Floribar Bautista, Vice Mayor Niño Cawaling, and the Boracay Land Transport Multi-Purpose Cooperative (BLTMPC), including Chairman Joel V. Gelito, Vice Chairman Prodencio Vargas, and General Manager Joan Pineda. Together, we are launching a groundbreaking digital solution to revolutionize e-trike transportation on Boracay Island. This innovative e-trike booking system aligns with the island’s sustainability goals, significantly enhances local infrastructure, and supports the community’s economic development.
Transforming Transportation in Boracay
Boracay Xpress’ digital platform is designed to streamline and organize the e-trike services on the island. By integrating all available transportation options, the system provides real-time updates and advanced booking features, promoting efficient and eco-friendly travel for both locals and tourists. This initiative not only supports fair competition among e-trike operators but also creates job opportunities for the local community.
Key features of the Boracay Xpress platform include:
Insurance Options: Providing peace of mind for both riders and drivers.
Live Monitoring Dashboard: Ensuring transparency and efficient management of transportation services.
Scam Prevention: Implementing measures to protect passengers from fraudulent activities.
Scan & Ride: Enables quick ride starts through QR code scans for expedited pickups.
Additionally, Xpress ensures that Riders and Drivers are well-trained and prepared for any circumstances they might encounter. To support this, Xpress provides Emergency Training Response for all Riders and Drivers. This training has proven effective, as demonstrated by its success in Manila, where equipped riders assisted individuals involved in minor accidents. Xpress will implement this practice in Boracay to enhance safety and maintain high-quality service.Commitment to Regional Adaptation and Collaboration
Our partnership with Boracay exemplifies Xpress’ dedication to tailoring our services to regional needs while strengthening relationships with local authorities. By emphasizing sustainability, fair competition, and job creation, Xpress is committed to fostering positive change and supporting local community development.Furthermore, Xpress is dedicated to providing our partner Riders and Drivers the chance to go closer to financial independence. Through seminars and training sessions, we enhance their financial literacy and entrepreneurial skills. We are working along with Ka-GoNegosyo, led by Cebuana Lhuillier to advance this vision and support our community’s growth.
In line with our goal to empower more MSMEs across the Philippines, we have expanded our customized LGU programs and are now collaborating with four additional LGUs to implement similar initiatives to drive economic growth and foster entrepreneurship.
About Xpress
Xpress is a leading transportation service provider dedicated to delivering reliable, innovative, and sustainable travel solutions. Through strategic partnerships and cutting-edge technology, Xpress continues to redefine transportation standards, ensuring safety, convenience, and satisfaction for all users.
For more information about Boracay Xpress, and other initiatives, please visit www.xpress.ph.
by | Jan 3, 2025 | Business
Discover the latest Bitcoin price analysis for 2025, highlighting BTC’s rally past $97,750, key market trends, MicroStrategy’s bold moves, and insights into technical levels, on-chain activity, and future projections.
Bitcoin (BTC) achieved a significant milestone by crossing the $97,750 mark on Thursday. This represents a 7% rise since MicroStrategy’s $200 million BTC purchase earlier this week.
Despite ongoing market volatility, signs of recovery are evident in Bitcoin’s price movement and associated crypto-related stocks.
The December 2024 Volatility and Market Recovery
Bitcoin faced intense downward volatility in late December 2024, triggered by the U.S. Federal Reserve’s hawkish stance during the December 17 FOMC meeting, which hinted at fewer rate cuts in Q1 2025. This led to a 15% decline, pushing BTC from its all-time high of $108,850 to $91,500 by December 29.
However, MicroStrategy’s strategic $209 million BTC purchase reignited bullish sentiment, spurring a 6.8% recovery by December 30. CEO Michael Saylor’s commitment to acquiring $42 billion worth of BTC over three years underscores his confidence in Bitcoin’s long-term potential, further bolstering investor optimism.
Crypto-Related Stocks Reflect Positive Sentiment
While U.S. stock markets were closed for the holidays, crypto-related stocks like MicroStrategy (MSTR), Coinbase (COIN), and TerraWULF (WULF) posted after-market gains exceeding 3%, echoing Bitcoin’s upward trajectory.
Such after-market movements signal heightened investor interest and optimism, setting the stage for potential further gains as markets reopen.
On-Chain Activity: A Key Indicator
Despite recent price gains, Bitcoin’s on-chain activity remains subdued. IntoTheBlock’s data indicates a 30% decline in daily active addresses, with only 676,000 transactions executed on December 30 compared to the 976,490 peak on December 16.
This divergence suggests that long-term holders and bullish whales drive the current momentum, while retail traders remain cautious.
Technical Analysis: Critical Levels to Watch
Bitcoin’s price is currently trading above the Volume Weighted Average Price (VWAP) of $96,494, reflecting strong bullish momentum. Key resistance and support levels include:
Resistance Levels:
- Mid Bollinger Band: $97,817
- Upper Bollinger Band: $105,724
Support Levels:
- Lower Bollinger Band: $89,909
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VWAP Support: $96,494
A sustained break above $100,000 could signify a bullish breakout, but the risk of whale-driven sell-offs looms, potentially triggering a reversal toward $95,000.
The Bigger Picture: Bitcoin’s 2025 Outlook
Several factors point to Bitcoin’s potential to surpass its previous highs in 2025:
Supportive U.S. Regulatory Environment: Donald Trump’s election victory has boosted sentiment, with promises of pro-crypto policies, including potential reforms to SEC leadership and the establishment of a strategic Bitcoin reserve.
1. ETF Approvals: The introduction of spot Bitcoin ETFs in 2024 has expanded mainstream adoption, contributing to increased institutional interest.
2. Halving Event: Bitcoin’s halving, reducing block rewards, has historically driven price appreciation by creating supply constraints.
3. Market Predictions: Analysts from institutions like Standard Chartered and Galaxy Digital project Bitcoin prices ranging from $160,000 to $200,000 in 2025. Projections from other firms, including CoinShares and Maple Finance, support this bullish outlook, citing increased institutional adoption and favorable macroeconomic trends.
Potential Risks and Corrections
While the bullish case remains strong, risks include speculative trading volatility, geopolitical tensions, and unexpected regulatory hurdles. Analysts warn of potential corrections, with Bitcoin’s price possibly dipping to $80,000 during market shocks before resuming its upward trajectory.
Conclusion
Bitcoin’s current rally reflects a blend of robust institutional confidence and strategic buying from key players like MicroStrategy. With supportive regulatory developments and technical indicators signaling momentum, Bitcoin is well-positioned for a breakthrough to $100,000 and beyond in 2025.
However, traders should remain cautious of short-term volatility driven by speculative activity and macroeconomic uncertainties. In the long term, Bitcoin continues to solidify its role as a leading digital asset, attracting both retail and institutional investors alike.
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