by | Feb 7, 2025 | Business
Calamba, Laguna – January 2025 – Xavier School Nuvali has been officially awarded the Excellence in Institutional Sustainability Award for its leadership in renewable energy adoption and commitment to sustainability. The award, co-presented by SolX and the Department of Energy (DOE) recognizes the school’s significant efforts in reducing its environmental impact through a rooftop solar energy system.
Calamba, Laguna – January 2025 – Xavier School Nuvali has been officially awarded the Excellence in Institutional Sustainability Award for its leadership in renewable energy adoption and commitment to sustainability. The award, co-presented by SolX and the Department of Energy (DOE) recognizes the school’s significant efforts in reducing its environmental impact through a rooftop solar energy system.
The award ceremony took place on January 27, 2025, as part of the Switch-On Ceremony for the newly installed 99kWp solar PV system. The system consists of 190 panels and 1 inverter, producing 140,185 kWh annually. Over the next 25 years, it will help reduce 3,301 MWh in environmental impact, cutting 2,458 metric tons of carbon dioxide emissions, 1,046,780 gallons of gasoline, and 2,688,756 tons of coal. The event was attended by distinguished representatives from Xavier School, including Fr. Joseph “Jhaw” Y. Haw, SJ, Ed.D., School President, and Celia Tan, Finance, alongside SolX Technologies’ Co-Founder Atty. Bradley Cua, and project leads Robi Andres, ECE, PMP, Jeanuel Paje, RMEe, and Richard Julio, RMEe, as well as Marketing Lead Claudio Espiol. Representatives from Buskowitz Energy, including members from both the Marketing Department and the Operations and Sales Team, were also present.
Watch the whole message here: https://www.youtube.com/watch?v=6nCzyzzRt_4&t=1s
A video message from Department of Energy (DOE) Director Patrick T. Aquino, CESO III, Energy Utilization Management Bureau, reinforced the DOE’s full support for the school’s sustainability efforts. “This project signifies much more than the mere installation of solar panels. It embodies our collective dedication to reducing our carbon footprint, conserving resources, and embracing innovative solutions to power our future,” he said. He further emphasized, “Every small step we take can lead to significant and meaningful change.”
The symbolic Switch-On Ceremony was led by the Buskowitz Team, marking the official activation of the solar PV system. Antonella M. Dimaculangan, Project Head from Buskowitz Group, described the significance of the moment, stating, “This ceremony is not just about switching on a solar PV system, but about committing to a sustainable future.”
Fr. Joseph “Jhaw” Y. Haw, SJ, Ed.D., School President of Xavier School Nuvali, said:“This project began as a financial decision, but in truth, it is the Holy Spirit at work—guiding us toward our deeper responsibility to care for our common home, as Pope Francis calls us to in Laudato Si’. At Xavier School Nuvali, sustainability is not just an initiative; it is a commitment woven into our mission. This solar energy system is more than infrastructure—it is a living laboratory for our students, a lesson in stewardship, and a catalyst for future leaders who will shape a world driven by responsibility, innovation, and care for creation.”
During the event, Bradley Cua and Antonella M. Dimaculangan presented the award to Fr. Joseph “Jhaw” Y. Haw, SJ, Ed.D., School President, and other key stakeholders from Xavier School, along with the project leaders. Atty. Bradley Cua, Senior Vice President of SolX Technologies and an alumnus of Xavier School, praised the school’s sustainability leadership, saying, “As an alumnus, it’s an honor to see Xavier School Nuvali take the lead in sustainability. Their action toward renewable energy serves as a model for others, helping pave the way for a more sustainable future for all Filipinos.”
The collaboration between Xavier School Nuvali, SolX Technologies, and the Sta. Rosa local government showcases how public, private, and educational sectors can work together toward sustainable energy adoption. Xavier School’s vision for a greener future serves as a model for other institutions, proving that strong leadership in sustainability can create a lasting impact on both the environment and future generations..
Looking ahead, SolX Technologies and Xavier School are set to celebrate the full turnover and Switch-On Ceremony at Xavier School San Juan, featuring a 380kWp solar system, further strengthening their commitment to sustainability and clean energy adoption across the country.
by | Feb 7, 2025 | Business
Explore Solana (SOL) price analysis, market sentiment, and future predictions in this detailed article. Learn about recent fluctuations, key resistance and support levels, technical indicators, and the impact of global factors on Solana’s performance. Get insights into Solana’s potential for a rebound or further decline in the coming weeks.
The cryptocurrency market is as volatile as ever, with Solana (SOL) experiencing significant price swings. This article explores Solana’s current performance, market sentiment, and SOL future price prediction.
Solana’s Price Movements: A Volatile Market Ride
Solana has been on a rollercoaster ride, with its price fluctuating between $220 and $280 over the past month.
As of February 4, 2025, the cryptocurrency is trading at around $210, reflecting a 25% rise from its lowest point despite some downward trends.
The Relative Strength Index (RSI) sits at approximately 40, suggesting that SOL could be oversold and poised for a rebound if buying pressure increases.
However, when this article was written on February 6, the price of SOL has again decreased by 3.56% so that it is traded at a price of $ 196.99 with its highest price being $ 209.37 in the last 24 hours.
The RSI and MACD values show a decrease and indicate a bearish trend will occur shortly.
Will Solana Regain Momentum?
Market analysts predict that Solana could reach $250 by the end of February and potentially surge to $500 by the end of the year. However, this forecast hinges on several key resistance and support levels.
If SOL can break past $220, it may trigger a bullish trend towards $232 and $250. Conversely, failing to hold above $200 could push the price down to $192 or even test the crucial $175 support level.
Technical indicators reflect this uncertainty. The hourly MACD suggests a loss of bullish momentum, while the RSI remains below 50, signaling persistent market weakness.
Additionally, declining user engagement and reduced on-chain activity are raising concerns about Solana’s long-term sustainability.
AI Predictions and Market Reactions
Several AI-powered forecasting models predict mixed outcomes for Solana. Some models suggest a short-term increase of 9%, targeting a price of $211.05 by mid-February.
However, others foresee potential declines driven by broader economic factors, including recent tariff announcements by President Trump, which have impacted global markets and investor sentiment.
Solana has also faced a decline in active addresses and a drop in its Total Value Locked (TVL) from $12.1 billion to $10.2 billion, signaling a decrease in investor confidence.
Conclusion: What Lies Ahead?
Solana remains a major player in the cryptocurrency market, but its ongoing volatility and declining engagement pose challenges.
The next few weeks will be crucial in determining whether SOL can regain momentum or face further downward pressure.
For investors, staying informed and monitoring key market trends is essential. Whether Solana rebounds, the crypto market remains dynamic, offering both risks and opportunities for savvy traders.
by | Feb 7, 2025 | Business
Ethereum faces high volatility amid a major selloff, with prices rebounding toward $3000. Explore key technical analysis, market trends, and upcoming upgrades like the gas limit increase and Pectra Fork. Is now the right time to buy ETH?
Ethereum (ETH) has experienced a significant price drop due to a massive selloff in the crypto market this week. This price decline is one of the largest in recent years, prompting more traders to liquidate their positions.
At the time of writing, Ethereum’s price stood at $2796, noting a rise of over 4% in the past 24 hours. ETH market capitalization reached $333.29 billion, while trading volume surged over 22% intraday.
Crypto Liquidations Hit $2.22 Billion: Will the Decline Continue?
The fear spreading through the crypto market led investors to offload their digital assets en masse. According to data from Coinglass, total liquidations reached $2.22 billion in a single day, with long-term traders suffering losses of $605 million due to the sharp price drop.
This selloff also significantly impacted other crypto assets such as Bitcoin, XRP, Solana, and Dogecoin. Bitcoin dropped by 6%, while XRP and Dogecoin lost 22% and 23%, respectively. The market slid further as panicked investors rushed to sell their holdings.
Ethereum Price Prediction: Can It Break $3000?
According to a post by IncomeSharks on X, ETH price has rebounded from the liquidation zone and is undergoing accumulation. This situation presents an opportunity for investors to buy at lower levels before a potential surge toward $3000.
Max Schwartzman, CEO of BecauseBitcoin, expressed a similar sentiment. “If the market stabilizes, patient holders may see rewards,” he said. However, traders remain cautious, closely analyzing macroeconomic factors that could influence Ethereum’s price in the near future.
Is It Time to Buy Ethereum?
Despite market turmoil, some industry figures remain optimistic. Eric Trump shared his positive outlook on Ethereum via the X platform, suggesting that now is a great time to buy ETH.
Following this post, Ethereum’s price began to recover. ETH price increased by 4.88% and is now trading at $2,796. However, despite the increase in price, the RSI and MACD indicators actually show a decrease which indicates a bearish trend.
Technical Analysis: Key Levels to Watch
Ethereum’s short-term price prediction suggests indecision among traders following the massive selloff. While the price has rebounded, lower trading volume indicates that many buyers are still hesitant to make large accumulations.
So far, ETH needs to break past the $3000 mark to attract more buyers. If it fails, selling pressure may persist. Technical analysis reveals several bearish indicators:
- The Relative Strength Index (RSI) remains in the oversold region, indicating strong selling pressure.
- The Moving Average Convergence Divergence (MACD) shows a negative crossover, signaling a potential downward trend reversal.
- Fibonacci retracement levels reveal that the key support level is at $2600. If ETH falls below this point, a major correction could follow.
If the price breaks above the 78.3% Fibonacci retracement level at $3100, buying momentum could return, leading to further recovery.
Ethereum and Gas Limit Increase: What’s the Impact?
Ethereum is preparing to take a new step in its development. More than 52% of validators have expressed support for increasing the gas limit, marking the first adjustment since The Merge in 2022. Currently set at 30 million, Ethereum’s gas limit is expected to rise to 36 million soon, with a long-term possibility of reaching 40 million.
This upgrade aims to:
- Increase Ethereum network capacity.
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Facilitate crypto transactions.
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Potentially reduce transaction fees.
Vitalik Buterin, Ethereum’s co-founder, emphasized that this change is the first fully controlled by the Proof-of-Stake (PoS) system, which is more decentralized than the previous Proof-of-Work mechanism. However, experts warn that a rapid increase could cause propagation failures and burden individual node operators.
Pectra Fork: Vitalik Buterin’s Strategic Move for Ethereum’s Future
Ethereum is set to reach a historic milestone with the Pectra upgrade scheduled for March 2025. This update not only aims to fix bugs but also redesign Ethereum’s foundation for greater efficiency and user-friendliness.
Pectra includes over 20 Ethereum Improvement Proposals (EIPs), such as:
1. EIP-7702: Converts regular accounts into smart accounts without complex migration, improving user experience.
- EIP-7251: Increases the staking limit per validator from 32 ETH to 2048 ETH, reducing technical requirements for large holders.
This move has sparked debate: Does giving more flexibility to whales (large holders) risk centralizing Ethereum? Buterin assures that this strategy will attract more capital without compromising network efficiency.
Conclusion: Where Is Ethereum Headed Next?
Ethereum stands at a crossroads, with high market volatility and multiple innovations underway. While prices remain uncertain, network upgrades and industry support indicate that Ethereum remains an asset worth watching.
However, investors should remain cautious and consider both technical and fundamental factors before making decisions. With the gas limit increase and the Pectra upgrade on the horizon, Ethereum has the potential to become more scalable and efficient, but it also faces significant challenges in the process.
For those looking for investment opportunities, understanding Ethereum’s market dynamics and technological advancements is key to making informed decisions.
by | Feb 7, 2025 | Business
- The Magna Carta for Filipino Seafarers and its Implementing Rules and Regulations (IRR) address long-standing issues in the maritime industry, ensuring alignment with international standards like the Maritime Labour Convention (MLC) 2006.
- The law combats unfair labor practices, including ambulance chasing, while guaranteeing fair employment conditions, access to quality maritime education, and clear dispute resolution mechanisms.
- The law enhances coordination among MARINA, CHED, TESDA, the Department of Migrant Workers (DMW), and the Department of Health to uphold global maritime standards and support future seafarers.
MANILA – The passage of the Magna Carta for Filipino
Seafarers, along with its recently-signed Implementing Rules and Regulations
(IRR), marks a major milestone in addressing long-standing issues in the
maritime industry.
During a forum on the ‘Magna Carta Law and IRR’ organized by
the Association of Licensed Manning Agencies (ALMA) Maritime Group, Congressman
Ron Salo recognized the crucial role maritime stakeholders played in advocating
for the legislation. He stressed that the law was designed to protect the
rights and welfare of seafarers while aligning with international standards
such as the Maritime Labour Convention (MLC) 2006.
“This law was enacted to address decades of challenges
faced by the men and women who risk their lives at sea to keep global trade
moving,” Salo said. He highlighted concerns such as ambulance chasing and
the failure to meet international maritime standards—issues that have
threatened the job security of Filipino seafarers.
Salo, often referred to as the Father of the Magna Carta for
Filipino Seafarers, previously chaired the Committee on Overseas Workers
Affairs and was instrumental in pushing for the law in the House of
Representatives.
The Magna Carta includes strict measures against ambulance
chasing, a long-standing issue unique to the Philippines that has drawn
criticism from global shipowners and impacted the employability of Filipino
seafarers since the early 2000s.
The new law ensures that seafarers are given fair and humane
employment conditions, protects them from exploitative practices, and
guarantees access to quality, affordable maritime education and training. It
also establishes clear grievance mechanisms and a streamlined dispute
resolution process to safeguard their financial and emotional well-being.
The establishment of seafarer hubs offering legal aid,
skills training, and welfare programs is another cornerstone of the law, funded
by the Overseas Workers Welfare Administration (OWWA).
“This is not a distant dream—it is a vision we can realize
with the Magna Carta as our compass,” the speaker added, urging stakeholders to
unite in implementing the law effectively.
The Magna Carta also strengthens inter-agency collaboration
among MARINA, CHED, TESDA, the Department of Migrant Workers (DMW), and even
the Department of Health to ensure compliance with international standards and
to equip future seafarers for an evolving industry.
“If there’s a disagreement about the disability grading or
fitness for work, the [implementing rules and regulations] ensures that the third-party
doctor can provide a binding determination resolving disputes efficiently and
fairly. And I am very pleased to inform you that we have discussed this
lengthily already with the Secretary of the Department of Health,” noting the active
participation of the ALMA Maritime Group and its chair Atty. Iris Baguilat.
As the nation positions itself as a leader in maritime
innovation, the speaker called on seafarers to uphold the highest standards of
professionalism, stating, Together, we will not just weather the storms; we
will sail towards a brighter horizon.”
by | Feb 6, 2025 | Business
Kuala Lumpur, Malaysia — 6 February 2025 – Nusantara Global Network is thrilled to announce a new strategic collaboration with CXM DIRECT, introducing advanced trading solutions that cater to the growing demands of modern traders. A key feature of this partnership is the Self Rebate CXM Direct Program, which empowers traders with unique opportunities to earn rebates, in addition to benefiting from cutting-edge trading tools and resources.
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