by | Mar 6, 2025 | Business
On March 14, 2025, the PROTECT International Conference Series on “Doing Business Amidst New Threats” will take place at the New World Makati Hotel. 
The international community is facing an evolving different threat to global peace and security. While the global security risk and threat in 2024 may be described as “unprecedented”, 2025 may be described as “unconventional”. We see this in geopolitical tensions, gray zone warfare actions, AI arms race, rising insider threats, fragmented extremism and other developments. PROTECT 2025 conference on Doing Business Amidst New Threats will deep dive into these security challenges.
On March 14, 2025, the PROTECT International Conference Series on “Doing Business Amidst New Threats” will take place at the New World Makati Hotel.
The event will feature prominent speakers, distinguished panelists, and thought leaders from various sectors as they discuss key issues affecting businesses today. From cyber threats and health security to climate change and cross-border crimes, the conference will address how these complex issues intersect and how businesses can navigate these volatile landscapes.
For more information on the forum, contact the Secretariat: le******@*******************al.com
The Opening Address will be delivered by Secretary Eduardo Año, National Security Adviser to the National Security Council. Gen. Romeo S. Brawner, Jr. PA, Chief of Staff of the Armed Forces of the Philippines will deliver the Keynote Address.
Digitalization And Cyber Threats will be featured in three panel discussions on Digital Identity, Cyber Threats, and The Legal Aspects of Cybercrime.
Digital technology has been changing the ways businesses are done and will continue to do so each year. Meantime, cyber threat actors are applying more advanced and sophisticated technologies to challenge cybersecurity. Understanding what is happening in the world now is therefore no longer an option but is an absolute necessity. The future is rapidly developing whether we like it or not. Adapting to change, if not done strategically can be disastrous.
A Session on Human and Health Issues aims to provide an awareness of human health security and the interactions of key issues and events. Moderated by Dr. Kenneth Hartigan-Go, discussions will cross cut through health, education, and security.
Environmental/Climate Issues will be the subject of one session. The changing environment affects the business world. They impact on business practices from resources, to supply chain, to logistics, to energy sources, to customer behavior and demographics.
Cross-border phenomena concern both international and domestic security. Heightened concerns about transnational crimes are a consequence of advances in transportation and telecommunication. Many times, businesses become instruments or victims of such crimes.
A session on Transnational Issues will start with a presentation on Crime- Terror Nexus by Global Security Expert Prof. Rohan Gunaratna of the S. Rajaratnam School of International Studies, Nanyang Technological University, Singapore. This will be followed by a Panel Discussion on cross-border phenomena.
The National Issues session will discuss two major security challenges confronting the Philippines today: state-sponsored cyber challenges and the country’s relations with the US and China.
by | Mar 6, 2025 | Business
Interior Diary, a top Singaporean interior design firm, has rebranded to focus on premium renovations, elevating its offerings to create sophisticated, bespoke spaces. With an emphasis on artisanal craftsmanship, high-quality materials, and timeless design aesthetics, the firm caters to homeowners seeking refined living environments. The rebranding aligns with evolving homeowner preferences for thoughtful, luxurious interiors that balance function and beauty. Directors highlight this transformation as a natural evolution, reflecting their passion for pushing design boundaries and delivering curated spaces that tell each client’s unique story. By combining innovation with heritage, Interior Diary is setting new standards in the Singaporean design scene, solidifying its position as a leader in creating personalized, high-end homes.
Singapore, March 6, 2025 — Interior Diary, a distinguished interior design firm in Singapore, is proud to announce its strategic rebranding initiative, reinforcing its commitment to delivering premium renovation services. This transformation reflects the company’s dedication to excellence, innovation, and personalized design solutions that cater to the discerning tastes of homeowners and businesses alike.
A Legacy of Excellence
Established in 2016, Interior Diary has consistently positioned itself as more than just an interior design firm—it has become a trusted partner in helping clients achieve their dream spaces. With a portfolio boasting over 2,000 completed home renovation projects, the firm has garnered a reputation for crafting personalized interior design solutions that resonate with the unique personalities and lifestyles of its clients.
Embracing a Premium Vision
The decision to rebrand stems from Interior Diary’s aspiration to align its services with the evolving needs of Singapore’s sophisticated clientele. By focusing on premium renovations, the firm aims to elevate living and working environments through designs that seamlessly blend functionality with artistry.
” We decided to rebrand ourselves to focus more on higher end renovations in response to an demand for personalised thematic styles like Japandi, Scandinavian and Wabi Sabi after the Covid period, ” said Director Gary Ng.
This renewed focus ensures that every project not only meets but exceeds client expectations, setting new benchmarks in the interior design industry.
Design Philosophy: Where Functionality Meets Artistry
At the heart of Interior Diary’s success lies its dedication to creating spaces that are both visually stunning and highly practical. The firm’s design philosophy is rooted in the belief that every space should tell a story—one that reflects the owner’s personality, lifestyle, and needs. This philosophy is further brought to life by their deep expertise in Japandi and Wabi-Sabi design principles, two styles that have gained immense popularity in Singapore for their minimalist and harmonious aesthetics.
Comprehensive Interior Design Solutions
Interior Diary offers end-to-end interior design solutions, encompassing conceptualization, space planning, material sourcing, renovation, and project management. The firm’s team of experienced designers and project managers work closely with clients to ensure a smooth, hassle-free process from start to finish.
Mr Steven Loh, the one of the company’s chief designers, said “The difference between interior designers and contractors is that we focus on balancing aesthetics, functionality and space planning to meet the home owner’s needs, while contractors mainly do the execution of the renovation. Therefore, we make the renovation process smoother and worry free for the client.”
Whether it’s a cozy HDB apartment, a sophisticated condominium, or a dynamic commercial establishment, Interior Diary’s designs reflect the personalities and lifestyles of their clients.
Commitment to Sustainability
In line with global trends and environmental responsibility, Interior Diary integrates sustainable practices into its design and renovation processes. By sourcing eco-friendly materials and implementing energy-efficient solutions such as Air Conditioning and Lighting integrated into a Smart Home System, the firm ensures that its projects contribute positively to the environment while providing clients with healthier living spaces.
Client-Centric Approach
Understanding that each client has unique needs and aspirations, Interior Diary adopts a personalized approach to every project. The firm strives to fulfill client requirements and beyond with quality services and sustainable materials.
A former client, Ms YH Kwang, on her Facebook, said that one of the designers “was incredibly professional and easy to work with. He took the time to understand what I needed and provided very good advice that helped me make decisions every step of the way”.
By bridging the knowledge gap, Interior Diary helps homeowners and business owners navigate their renovation, incorporating their lifestyles and work into their internal home or commercial setting.
Industry Recognition and Accreditations
Interior Diary’s unwavering commitment to excellence has been recognized through various industry accolades and accreditations. It has achieved awards like Asia Excellence Award in 2021/2022, Star Merchant award and Three Best merchant award.
The firm is a CaseTrust-Accredited Interior Design Firm, reflecting its adherence to fair consumer policies, transparent communication, proper staff training, and quality assurance. Additionally, Interior Diary is listed on the HDB Directory of Renovation Contractors (DRC), signifying its licensing to carry out renovation works on HDB projects.
Strategic Partnerships and Collaborations
To serve clients better, Interior Diary maintains regular collaborations with reputable suppliers like Blum, kompacPlus, providing more value and maintaining high industry standards. Partnerships also result in cost savings, which the company
Coordination and organization are integral parts of their work, requiring teamwork and communication with clients and suppliers to take an initial idea into fruition in a timely fashion.
Future Endeavors
Looking ahead, Interior Diary is committed to continuous learning and discovering new innovations, technology, and materials. The firm acknowledges that trends evolve and is dedicated to upgrading itself to stay ahead in the industry. With a vision to convey the passion they feel about their craft, Interior Diary aspires to change the bad reputation of interior designers in Singapore by creating works of integrity.
Website: https://www.interiordiary.com.sg/
by | Mar 5, 2025 | Business
President Trump is set to announce a Bitcoin Strategic Reserve, marking a historic shift in U.S. cryptocurrency policy. Discover how this move, along with new crypto regulations and market trends, could position the U.S. as a global leader in digital assets.
In a move set to redefine the U.S. stance on digital assets, President Donald Trump is expected to announce a significant shift in cryptocurrency policy, including the establishment of a Bitcoin Strategic Reserve.
This landmark decision, revealed by Commerce Secretary Howard Lutnick, signals a new era for crypto regulation and adoption in the United States.
The Bitcoin Strategic Reserve: A Game Changer
Speaking ahead of the first-ever White House Crypto Summit, Secretary Lutnick emphasized Trump’s commitment to positioning the U.S. as a global leader in digital assets.
“The President definitely thinks that there’s a Bitcoin strategic reserve,” Lutnick stated. “There will be the question of how we handle other cryptocurrencies, and I think the model is going to be announced on Friday.”
This reserve is expected to grant Bitcoin (BTC) unique status within the financial ecosystem. While other cryptocurrencies, including Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA), may be included in the broader framework, Bitcoin appears to be at the heart of Trump’s crypto vision.
Trump’s Vision for Crypto Regulation
President Trump has been vocal about his support for digital assets, contrasting sharply with the stricter regulatory stance of the previous administration. In a Truth Social post, he outlined his plans:
“A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration. My Executive Order on Digital Assets directs the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA. I will make sure the U.S. is the Crypto Capital of the World. We are MAKING AMERICA GREAT AGAIN!”
Trump also highlighted Bitcoin and Ethereum’s importance, stating, “I also love Bitcoin and Ethereum!”
White House Crypto Summit: Defining the Future of Digital Assets
The upcoming White House Crypto Summit, chaired by David Sacks and Bo Hines, represents a crucial step in the administration’s efforts to clarify regulatory guidelines, encourage financial innovation, and expand economic opportunities in the digital asset landscape.
The summit follows Trump’s Executive Order 14178, signed in his first week in office, which laid out a framework for the responsible growth and adoption of digital assets.
This move starkly contrasts with the previous administration’s regulatory actions, which led to increased scrutiny and legal battles within the crypto sector.
Market Impact: Bitcoin Volatility and Future Predictions
Bitcoin has experienced significant price swings recently. After dropping from nearly $100,000 to $78,200, BTC briefly surged to $95,000 before settling at $87,829 on March 5, 2025. Analysts predict that Bitcoin will continue fluctuating between $70,000 and $90,000 due to prevailing market uncertainty.
A crypto analyst forecasted, “Bitcoin’s price will remain within this range for the foreseeable future, given the current market conditions.”
Bitcoin’s market capitalization has now reached $1.73 trillion, with trading volume decreasing by 13% to $61.83 billion in the last 24 hours.
Potential Catalysts for Bitcoin’s Growth
Several factors could drive Bitcoin’s price higher in the coming months:
1. Regulatory Clarity: The White House Crypto Summit is expected to provide clear guidelines, reducing uncertainty in the market.
2. U.S. Strategic Bitcoin Reserve (SBR): If the government begins accumulating Bitcoin, demand could surge, driving prices higher.
3. Federal Reserve’s Monetary Policy: Declining bond yields suggest a potential interest rate cut, increasing market liquidity and benefiting Bitcoin.
4. SEC Lawsuit Developments: The SEC’s recent decision to drop lawsuits against major firms like Uniswap and Coinbase has boosted investor confidence in the crypto sector.
Technical Analysis: Risks and Opportunities
While Bitcoin’s long-term outlook remains bullish, technical indicators highlight potential risks. BTC recently fell below the 50-day and 200-day Weighted Moving Averages (WMA), raising concerns of a possible “death cross”—a bearish technical signal.
Bitcoin also dipped below the 38.2% Fibonacci retracement level, suggesting that if BTC breaks the $78,200 support level, further declines toward $71,500 (61.8% Fibonacci retracement) are likely.
However, if BTC surpasses the $95,000 resistance level, it could regain bullish momentum and push towards a new all-time high.
The National Cryptocurrency Association: A New Resource for Crypto Users
In tandem with these regulatory shifts, the National Cryptocurrency Association (NCA) has officially launched. Led by Stuart Alderoty, Ripple’s Chief Legal Officer, the NCA aims to educate the public, provide resources, and simplify the complexities of digital assets.
With a $50 million grant from Ripple, the NCA will fund awareness campaigns and learning materials to highlight practical crypto applications.
The association’s neutral stance ensures that it remains a valuable resource for industry participants without favoring any specific company or blockchain.
Conclusion: A Defining Moment for U.S. Crypto Policy
The Trump administration’s efforts to establish a Bitcoin Strategic Reserve and revamp crypto regulations mark a defining moment for the industry.
As the White House Crypto Summit approaches, stakeholders eagerly anticipate clearer regulatory guidelines and a strengthened position for the U.S. in the global digital asset market.
With the potential for regulatory clarity, increased institutional investment, and macroeconomic catalysts, the crypto industry stands at the precipice of a new era—one that could solidify the United States as the global leader in digital finance.
by | Mar 5, 2025 | Business
From Practice Room to the Performance Stage
Applications are NOW OPEN for the 2025 Australian Festival of Chamber Music International Masterclasses Program
Applications are NOW OPEN for young and emerging musicians (individuals and in ensembles) from across the country to register for the Australian Festival of Chamber Music’s (AFCM) International Masterclasses Program, led by music maker, clarinettist, chamber musician, collaborator and educator Lloyd van’t Hoff, who is a past ABC Symphony Australia Young Performer of the Year.
Photos: The Andromeda Quartet which took part in the Masterclass Program in 2024, and the program leader Lloyd van’t Hoff in Townsville
Held in Townsville-Gurambilbarra in North Queensland from 18 July – 1 August, before and during the AFCM, the International Masterclasses program is an immersive experience for young chamber musicians, offering direct mentorship from world-class artists, chamber music training, and professional development opportunities through lessons, public and private masterclasses, and performances, while also providing industry insights from leading musicians and arts professionals.
Program highlights include individual lessons from artists including AFCM Artistic Director Jack Liebeck (violin), Ana-Maria Vera (piano) and Lloyd Van’t Hoff (clarinet), group instrumental classes and coaching sessions led by AFCM artists and faculty members, interactive group discussions and review sessions in the Chamber Music Forum, professional development seminars from industry experts, individual career guidance from mentors, public Masterclass participation and a final showcase performance – the International Masterclasses Concert at the Townsville Civic Theatre. Through support from the Ian Potter Foundation, limited funding is available to assist with participation costs, on application.
Interested musicians can apply at afcm.com.au, by calling 07 4771 4144 or by emailing ni*******@******om.au
Applications CLOSE ON MARCH 31, 2025.
by | Mar 5, 2025 | Business
baroma—an exclusive online shop specializing in niche and exceptional brands, is thrilled to announce its official launch in 2025. Aiming to transform everyday moments into extraordinary experiences, baroma invites adventurous individuals to embark on a unique sensory journey through a thoughtfully curated selection that begins with the olfactory sense. Committed to the belief that happiness should come naturally, baroma emphasizes that the pursuit of joy is not only a privilege but an essential part of life.
In a bold move to revolutionize the online shopping landscape, baroma announces its official launch, celebrating the art of scent and sensory exploration. Each curation at baroma is crafted with high-quality ingredients and features unique scent compositions or unconventional ingredients. This dedication not only enhances the shopping experience but also honours the rich tapestry of humanity, cultures, and histories.
“Our mission at baroma is to view life as a collection of moments to savour. We resonate with the adventurous spirit of those seeking happiness through exploration,” said Jack Leung, Founder of baroma. “Each product we offer serves as a gateway to new sensory escapes, guiding our customers towards moments of peace amidst urban chaos.”
baroma’s Mission and Philosophy
At baroma, the ethos centers around exploration and discovery, where every product is an invitation to awaken the senses and embrace the joy of exploration. Through thoughtful curation, baroma hopes to transform stress into tranquility, where customers can create their unique spaces to find solace and inspiration in their everyday lives. This philosophy is woven into every aspect of the brand, encouraging individuals to savour the simple yet profound moments that life offers.
Discovering Scented Treasures
What sets baroma apart in a fragrance market often dominated by Western narratives is its elegant commitment to enhancing accessibility for smaller, niche Eastern brands. By shining a spotlight on unique scents and unorthodox ingredients, baroma opens the door for customers to discover hidden treasures that enrich their lives. Each offering is not just a product; it is a story waiting to be told, inspired by human experiences, cultures, and histories. Customers can explore never-before-smelt fragrances, such as the Wild Garlic Eau de Parfum from AROMAG, and indulge in products that celebrate the beauty of humanity.
baroma collaborates closely with a network of industry experts to ensure the quality and experience of every product. This partnership ensures that each curation resonates with the adventurous spirit of those seeking happiness through exploration.
Latest Curation
baroma’s current offerings seamlessly integrate into daily life, featuring a selection of perfumes, bath and body products, and space-transforming items such as diffusers, candles, and incense sticks.
Top-Shelf Hidden Gems:
AROMAG Wild Garlic Eau de Parfum: Capture the essence of vibrant spring mornings with the crisp aroma of wild garlic leaves, galbanum, tomato leaves, and celery leaves.
QICUNJIU YUNMENGZE Snuff Bottle: Inspired by Eastern mythology, this delicate lotus fragrance embodies the beautiful enigma of strength and gentleness.
ZHUFU Aged Pu-Er Tea Scented Candle: Evoking a serene midsummer night, this candle blends rich aromas of aged Pu-erh tea and dried orange peel, promoting relaxation and personal reflection through mindful tea rituals.
ANN’S ROSARY Wood Rose Sea Salt Body Scrub: Achieve tranquility with a soothing blend of citrus, saffron, and delicate Moroccan rose, enhanced by exfoliating Israeli Dead Sea salt for a refreshing experience.
BOUNDLESS Nighty Night Incense Stick: Infuse your space with the scents of the Himalayas using ancient spice recipes and natural ingredients. This portable incense invites you to slow down and embrace a new rhythm of living.
by | Mar 5, 2025 | Business
Officially known as the Municipality of Bustos, it’s the smallest town in Bulacan, covering just about 70 square kilometers and home to around 80,000 folks. Barely an hour away from NCR by taking NLEX and it’s also near Clark City so you can expect a lot of booming businesses for the coming days due to Bulacan’s proximity to two mega cities and airports.
Bustos has an interesting backstory that goes way back to the Spanish colonial days. Believe it or not, it used to be part of Baliuag. One of the first things you notice about Bustos is how laid-back life feels. Lush rice fields surround you, the air is fresh, and everything moves at a much slower pace than in the city. It’s the kind of place where people smile and wave as they pass each other, and it seems like everyone knows everyone else.
If you visit, you’ve got to experience the Minasa Festival. It’s inspired by its local cookie referred as Minasa. It took place last January, and it was an absolute blast! The whole town comes alive with vibrant street dancing, food stalls brimming with local delicacies, and cultural performances that showcase the town’s rich heritage. This year, they even had Rico Blanco, the Filipino rock icon, performing!
![[In photo: Rico Blanco stands before the iconic landmarks in Bustos Heritage Park (Image c/co Rico Blanco Facebook Page)]](https://imagedelivery.net/H6_s_Eb_ylTWnSEV3HlmYQ/3da54db6-105e-4eb1-fef4-beea67268a00/public)
Bustos has an emerging new concept of businesses coming from many young entrepreneurs who are bringing in an al-fresco with a modern take on its aesthetics. You have to check out these spots:
[Photos taken at the Arthur’s Inasal, https://www.facebook.com/macarthurinasal]
Arthur’s Inasal: Started by Arthur Gallarin, a former OFW and hotelier, this place serves up some seriously delicious chicken inasal. It’s super affordable, and they have other traditional dishes like sisig too. Think backyard vibes with amazing food. You should find Arthur’s Inasal when you look for “A Taste of Home-Grown Goodness”
[Photos taken at the Kain Lokal: https://www.facebook.com/kainlokalPH, https://www.instagram.com/kainlokalph/]
The Kain Lokal: This spot is all about fun! They have this super cool jeepney kitchen counter where you can watch your food being prepared. And the best part? They offer unlimited hot brewed coffee, pares soup, and garlic java rice! It’s “Where Food Meets Fun”. Check out their Facebook page and it has very engaging posts coming from its owner
Hungry Chef: If you’re looking for budget-friendly eats, this place is it! They have huge portions and flavorful dishes that are super popular with students. Budget-friendly family favorites. The ambiance is very comfortable, perhaps this is because it’s handled by a very familiar and comforting owner who has been in the place for many decades.
![[Photo taken at The Hungry Chef Sizzling House]](https://imagedelivery.net/H6_s_Eb_ylTWnSEV3HlmYQ/1a282db8-7e82-4542-5802-5866c3be8000/public)
[Chweck them out of Facebook – https://web.facebook.com/profile.php?id=61556938157507]
Bustos amid developments, indeed has a soul through its local artists. As you stroll through Bustos Heritage Park, you’ll encounter various sculptures made by Apo Balong that invite contemplation and appreciation. The park is designed to be an immersive experience where visitors can engage with nature and art, making it a perfect spot for families, tourists, and art enthusiasts alike.
![[Photo taken at the Bustos Municipal Office]](https://imagedelivery.net/H6_s_Eb_ylTWnSEV3HlmYQ/7da3b219-11f8-41e0-a662-e7bed751ff00/public)
Overall, Bustos has a refreshing vibe – the people and leaders we met made us realize that progress is achieved when there is determination and a dream that beams from everyone in the place. A solid goal that is reflected not just by the Bustosenyos but their young and dynamic leaders who pave the way for a brighter future. Leaders with fresh ideas, clear and doable ambitions, and a vibrant approach to the changing times.
![[Photo taken inside Zeny’s Pasalubong Center at Bustos Bulacan]](https://imagedelivery.net/H6_s_Eb_ylTWnSEV3HlmYQ/e72e65e4-7e35-40d4-2287-a845da067300/public)
![[Photo of Hon. Councilor Niña Perez taken at the Municipal Office of Bustos Bulacan]](https://imagedelivery.net/H6_s_Eb_ylTWnSEV3HlmYQ/017ed931-507e-4d3e-fab4-bd3da2baf600/public)
So, next time you’re planning a trip, consider adding Bustos, Bulacan to your list, indeed something more exciting is coming up there!
Disclaimer: The views, opinions, and insights expressed in this story/video are those of the individuals shown and do not necessarily reflect the position of TNC. Viewer/reader discretion is advised.
by | Mar 4, 2025 | Business
Discover how Trump’s new tariffs on Canada, Mexico, and China are shaking up financial and cryptocurrency markets. Explore Bitcoin’s price swings, stock market reactions, and global trade tensions impacting investor sentiment. Stay informed on the latest economic shifts and market volatility.
The crypto market and traditional financial markets experienced significant volatility following President Donald Trump’s announcement of new tariffs on Canada, Mexico, and China.
Stocks tied to cryptocurrencies initially surged before facing a sharp decline, while Bitcoin itself saw drastic price fluctuations. The broader economic landscape is also feeling the pressure as global trade tensions escalate.
Bitcoin’s Volatility Amidst New Trade Tariffs
In early trading, Bitcoin surged past $93,000 before settling around $86,200, after previously dipping to a three-month low below $80,000 on Friday.
However, as market uncertainty deepened, Bitcoin was last seen down 8.58% at $82,775.96. This volatility reflects investors’ concerns over economic policies affecting liquidity and risk appetite.
Shares of major crypto-related firms experienced similar fluctuations. MicroStrategy (MSTR), a major Bitcoin holder, initially gained more than 10% in morning trading before closing nearly 2% lower.
Coinbase Global (COIN) and Riot Platforms (RIOT), a Bitcoin mining company, surrendered earlier gains and closed down more than 4%.
Trump’s Tariffs and Their Immediate Impact
On March 4, 2025, the Trump administration implemented sweeping tariff increases:
- 25% tariffs on imports from Canada and Mexico
- 20% tariffs on imports from China
These trade restrictions were positioned as measures to counteract illicit drug activities and encourage domestic production. However, they have led to immediate disruptions in financial and cryptocurrency markets.
Within the first hour of the announcement:
- Bitcoin (BTC) fell 3.7% from $67,200 to $64,650, with a 15% surge in trading volume to $45 billion.
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Ethereum (ETH) dropped 3.2%, from $3,850 to $3,725, with trading volume up 12% to $22 billion.
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The Bitcoin to US Dollar (BTC/USD) pair saw an 18% increase in trading volume to $30 billion, signaling heightened volatility.
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The Fear and Greed Index for cryptocurrencies fell from 55 to 48, indicating increased investor fear.
Global Stock Markets React to Trade Tensions
The stock market faced its sharpest losses of the year following the tariff announcement. On Tuesday:
- The S&P 500 fell 0.7% at opening, adding to Monday’s 1.8% decline—the worst drop of 2025 so far.
2. The Nasdaq Composite came close to a 10% decline from its all-time high, making February its worst-performing month since April 2024.
- European markets also tumbled, with declines in Britain’s FTSE 100, Germany’s DAX, and the Euro Stoxx 50.
China, Canada, and Mexico Respond with Countermeasures
In response, China, Canada, and Mexico have announced retaliatory tariffs, intensifying global trade tensions:
- China imposed a 15% tariff on U.S. chicken, wheat, corn, and cotton and a 10% tariff on soybeans, pork, beef, and other agricultural products.
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Canada enacted 25% tariffs on $30 billion worth of U.S. goods and plans to expand them to $125 billion within three weeks.
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Mexico has vowed to announce its own countermeasures on Sunday, as President Claudia Sheinbaum condemned the U.S. tariffs.
Economic Outlook and Investor Sentiment
These trade conflicts come at a precarious time for the U.S. economy:
- Consumer spending unexpectedly declined in January, suggesting reduced purchasing power.
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Inflation remains stubbornly high, with rising prices further straining households.
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The labor market is showing signs of stagnation, with jobless claims exceeding expectations and federal layoffs adding to economic concerns.
Conclusion: A Market in Flux
Trump’s aggressive tariff policies are reshaping global trade dynamics, injecting new volatility into both traditional and cryptocurrency markets. Bitcoin, often viewed as a hedge against financial instability, has seen rapid fluctuations as investors assess the long-term implications of heightened economic uncertainty.
With global markets on edge, traders and investors will closely monitor upcoming economic data, including the February jobs report, for further signs of economic resilience—or distress.
As retaliatory measures unfold, the cryptocurrency market may continue to serve as a barometer of investor sentiment amid geopolitical and economic uncertainty.
by | Mar 4, 2025 | Business
XRP plunges 16% as Trump’s tariffs and mass liquidations rattle the crypto market. Discover key support levels, liquidation data, and the impact of Trump’s U.S. Crypto Strategic Reserve on XRP’s future. Will XRP rebound or face further declines?
The cryptocurrency market is experiencing a broad sell-off, with XRP mirroring the bearish sentiment. Over the past 24 hours, XRP has dropped 16% to trade at $2.32, effectively erasing all the gains made on March 2.
This decline comes amid wider market volatility triggered by geopolitical and economic factors, notably U.S. President Donald Trump’s newly implemented tariffs.
XRP Leads Crypto Market Bloodbath
XRP’s sharp decline is in line with a broader market sell-off as investors react to Trump’s tariffs on imports from Canada, Mexico, and China.
The cryptocurrency market has collectively lost 8% of its value, bringing the total global market capitalization down to $2.76 trillion.
Key Market Declines:
- Bitcoin (BTC) has fallen 10% over the last 24 hours, trading at $83,500, marking a 3% drop from pre-tariff levels.
- Ethereum (ETH) has tumbled 12%, now hovering just above $2,000.
- XRP, along with Solana (SOL) and Cardano (ADA), has suffered the steepest losses among the top 10 cryptocurrencies.
The risk-off sentiment among investors stems from fears of tighter economic conditions and the broader implications of Trump’s trade policies.
Over $50 Million in Long XRP Positions Liquidated
The sharp decline in XRP’s price has led to massive liquidations in the derivatives market. In the past 24 hours alone, nearly $58 million worth of XRP futures positions have been liquidated, with long liquidations accounting for $50 million.
This underscores the strong selling pressure currently dominating XRP’s price action.
Key Liquidation Data:
- $49.7 million in long positions wiped out, compared to $8 million in short liquidations.
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A similar liquidation event occurred between February 24 and February 26, erasing $80 million in long positions and causing a 17% price drop.
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XRP’s open interest (OI) has fallen 25% from $4.45 billion on March 3 to $3.34 billion, signaling waning trader participation.
The funding rate has turned negative, dropping from 0.0103% to 0.00032%, reflecting weakened bullish sentiment.
Key Technical Levels: Can XRP Hold Above $2.20?
With XRP’s price facing intense bearish pressure, key support and resistance levels could dictate the next move.
Key Levels to Watch:
1. Support: $2.20 remains a crucial psychological support level. A breakdown could see XRP test $1.76 (February 3 low) and potentially $1.55, where the 200-day simple moving average (SMA) resides.
2. Resistance: A decisive move above $2.48, where the 100-day SMA and the upper boundary of the descending channel meet, is necessary to reignite bullish momentum. If achieved, XRP could revisit $3.00.
Trump’s Strategic Crypto Reserve Sparks Brief XRP Rally
Despite the bearish market sentiment, XRP witnessed a brief surge near $3 following President Trump’s announcement of a U.S. Crypto Strategic Reserve.
The plan includes XRP, alongside Bitcoin, Ethereum, Solana, and Cardano, as part of a national stockpile of digital assets. The announcement drove a 34% spike in XRP’s price, adding $44 billion to its market capitalization.
Can XRP Reach $5 Under Trump’s Presidency?
The inclusion of XRP in the U.S. Crypto Strategic Reserve has fueled speculation about whether it could finally surpass the elusive $5 mark. Analysts highlight three critical factors influencing XRP’s price trajectory:
1. Further Details on the Crypto Reserve: A clear regulatory framework could increase institutional adoption.
2. SEC vs. Ripple Case: If the SEC drops its appeal, XRP could surge past its 2021 all-time high of $3.40. However, continued legal uncertainty may drag XRP down to $1.50.
3. Potential Approval of an XRP Spot ETF: Institutional inflows from an ETF could act as a major bullish catalyst.
Market Reactions: Industry Leaders Weigh In
The strategic crypto reserve proposal has sparked debate among industry leaders. Coinbase CEO Brian Armstrong has suggested that Bitcoin alone should be included, arguing it serves as the best store of value.
Meanwhile, Bitwise CEO Hunter Horsley and Gemini co-founder Tyler Winklevoss expressed skepticism about the inclusion of multiple cryptocurrencies.
Conclusion: A Volatile Road Ahead for XRP
XRP’s price action remains highly volatile, with macroeconomic factors, liquidation events, and regulatory developments influencing its trajectory.
The next key event to watch is Trump’s Crypto Summit on Friday, where more details about the strategic reserve could emerge. Until clearer policies are established, XRP traders should brace for continued market fluctuations.
by | Mar 4, 2025 | Business
Rockstar Games® is proud to announce the acquisition of Video Games Deluxe, the Sydney-based development studio. The studio will be renamed Rockstar Australia. Video Games Deluxe has worked with Rockstar Games on some of its most memorable titles, including the 2017 re-releases of L.A. Noire, L.A. Noire: The VR Case Files, and most recently, on upgrades to Grand Theft Auto: The Trilogy – The Definitive Edition for iOS and Android, Netflix, and modern consoles.
“After working together closely over many years, we are excited to have Video Games Deluxe join the team as Rockstar Australia,” said Rockstar Games Head of Publishing, Jennifer Kolbe.
Rockstar Games’ relationship with the Video Games Deluxe team began with founder Brendan McNamara’s former studio, Team Bondi, and the creation of the critically acclaimed and groundbreaking detective thriller, L.A. Noire.
“It’s been an honor to work closely with Rockstar Games this past decade,” said Video Games Deluxe founder Brendan McNamara. “We are thrilled to be a part of Rockstar Games and to continue our efforts to make the best games possible.”
by | Mar 4, 2025 | Business
In celebration of Ramadan, Karaoke Manekineko is offering an exciting and affordable promotion to make your gatherings more memorable. From March 2 to March 30, 2025, customers can enjoy 1-hour karaoke sessions for just RM6 per person, available Monday to Sunday before 7 PM. This special pricing is open to everyone, making it the perfect opportunity to unwind and share joyful moments with friends and family during the festive season.
For a more complete
experience, guests can add free-flow drinks and tidbits for just RM3 per
person. This optional add-on allows you to enjoy unlimited refreshments
while singing your favorite songs. Whether you’re planning a casual hangout
during the day or looking for a fun activity before Buka Puasa, this
promotion offers great value and a fun-filled experience. Enjoy affordable karaoke
sessions with friends and family while taking advantage of this special daytime
offer.
After 7 PM,
regular pricing will apply for all customers. This flexible promotion lets you
enjoy affordable daytime entertainment while still experiencing Karaoke
Manekineko’s premium karaoke sessions in the evening.
Promotion Details:
– 1-hour karaoke session: RM6 per
person (Monday to Sunday, before 7 PM)
- Add-on: RM3 per person for free-flow
drinks and tidbits
– Regular pricing resumes after 7 PM
– Promotion period: March 2
to March 30, 2025
– Available at all Karaoke Manekineko outlets
Terms & Conditions:
- Prices are exclusive of 8% SST and 10% service
charges.
- The RM6 rate applies only before 7 PM.
Celebrate Ramadan
with the joy of music at Karaoke Manekineko—a place where everyone can
sing, relax, and make lasting memories!
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