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Investment Firms AGP, Northland Initiate Coverage On Bitdeer (NASDAQ: BTDR) With Buy Ratings And Targets Close To 100% Higher – What's Driving The Hype?

Benzinga

By Gerelyn Terzo, Benzinga With the broader stock market flirting with record territory once again, the bulls seem to be in control for the moment. As of mid-October, the S&P 500 index has advanced 22.4%, fueled by technology stocks like Nvidia (Nasdaq: NVDA) that are leading the generative AI race. Furthermore, even the Dow Jones Industrial Average advanced on Thursday to its fourth record close in five sessions on Oct. 17. One stock that also seems to have received some attention due to the positive Wall Street sentiment is Bitdeer Technologies Group (NASDAQ: BTDR), which continues to capture analysts’ attention. After debuting on the stock market in 2023 through a business combination with Blue Safari Group, Bitdeer stock has traded in a range of $2.77-$14.77 over the past 52-week period as of Oct. 18. While technology leaders have been fueling the broader stock market rally in 2024, Bitdeer isn’t riding on any coattails. The company feels that there is a great deal for it to be excited about, not least of which is the deployment of half-a-dozen mining data centers across the U.S., Norway and Bhutan, plus additional capacity in the pipeline. This seems to have caused some Wall Street analysts to take notice. Most recently, two new equity research firms have initiated coverage on Bitdeer stock, proving they want to document the company’s growth story fueled by innovations like cutting-edge Bitcoin mining equipment, global data centers, AI, strategic partnerships and more. Investors who are interested in learning more about Bitdeer’s stock can do so here. Northland Capital Markets Expects Bitdeer Stock To Outperform Last month, Northland Capital Markets analyst Mike Grondahl initiated coverage on Bitdeer stock with an “outperform” rating. The analyst firm predicts the stock price will nearly double from its then price of $7.07 to $13 per share in the near term. As of Oct. 17, the price of the stock stood at close to $8. Northland’s Grondahl reports that he is encouraged by several tailwinds at Bitdeer’s back, including its early-mover positioning, which allows it to capitalize on ongoing trends in growing market segments in Bitcoin mining – including both hosted and self-mining capabilities – as well as high-performance computing (HPC) for AI and machine learning. Bitdeer reports that its strategically located data centers in Texas, Ohio, Norway and Bhutan – the latter two of which are new facilities – allow it to benefit from stable, inexpensive power that’s key for the efficiency of BTC mining and HPC operations. The analyst touted Bitdeer’s milestone of securing a lease agreement with the Monroe County Port Authority, adding up to 570 MW of power capacity to its Ohio facility and demonstrating favorable relationships within these communities. Additionally, Bitdeer also reports having a distinct advantage in the competitive landscape given its attractive and unique offerings, including its “BTC/ASIC mining chip and rig production operation” and its SEAL Bitcoin mining chip suite and SEALMINER A1 Bitcoin mining machine, which is on track for mass production in Q4 2024. While the company continues to advance its product pipeline, it’s not resting on its laurels and continues to innovate, with a robust pipeline of future upgrades, offerings and expansions to look forward to. On fundamentals, Northland’s analyst appears to be impressed with Bitdeer’s rising gross profit margins amid soaring revenue and the stock’s valuation, which he believes is not currently truly appreciating the company’s potential. The Northland analyst is also encouraged by Bitdeer’s expansion plans, as the company continues to grow its hashrate and contracted power capacity while also remaining positioned to capitalize on booming AI and HPC demand with no signs of relenting. Alliance Global Partners Advises Investors To Buy Bitdeer Stock Alliance Global Partners (AGP) Analyst Brian Kinstlinger also initiated coverage on Bitdeer stock in October with a “buy” rating. He has attached a $14 price target, similarly suggesting that the stock will likely almost double from the date the report was published. Among the highlights of his maiden report on BTDR stock, Kinstlinger emphasized Bitdeer’s self-mining hash rate, which could be set to nearly quadruple between Q3 2024 and year-end 2025. AGP focused strongly on Bitdeer’s growing fundamentals as well as its healthy and strong balance sheet as catalysts for the stock. The AGP analyst also took note of Bitdeer’s diversified business operations, which shield it from the inherent volatility in the Bitcoin price, allowing it to capture what he called “favorable economics for several years during bull cycles.” Meanwhile, Bitdeer’s ASIC miners are also on most stakeholders’ radars, given their ability to bolster the company’s hash rate and provide a competitive edge among Bitcoin miners. On the AI/HPC side, AGP’s Kinstlinger believes that Bitdeer has developed the right infrastructure to secure contracts with the potential to bolster the company’s revenue streams for multiple years to come. On that note, the analyst predicts revenue of $343 million and $446 million in 2024 and 2025, respectively, as well as EBITDA of $22 million and $66 million in those periods, before any of Bitdeer’s ASIC miner sales. AGP is encouraged by the $213 million cash on Bitdeer’s balance sheet, far surpassing its $38 million in debt. Bitdeer To Finish 2024 Strong? While there’s no crystal ball for the future direction of stock prices, Bitdeer certainly seems to be gaining attention on Wall Street. With growing revenues, EBITDA and profit margins, the company’s fundamentals are appealing to multiple analysts. Given its specialization in burgeoning areas of technology, including Bitcoin mining, artificial intelligence and high-performance computing, Bitdeer has an early-mover advantage compared to many of its competitors, which could give it staying power for the long haul. Investors can learn more about what to expect from Bitdeer here. Featured photo by TreptowerAlex on Pixabay. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 19, 2024 08:30 AM Eastern Standard Time

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New AI-Powered Mobile App Delivers Early Prediction of Heart Attack or Stroke

Before Health Intelligence Ltd.

Before Health Intelligence, Ltd. today emerged from stealth and announced a new mHealth app called Antshrike ™ that uses AI to transform wearable device data into highly precise and specific predictive cardiovascular health warnings. As an iOS app, Antshrike uses proprietary AI algorithms to identify early warning signs of critical cardiovascular events, such as heart attacks or strokes, with high predictive accuracy for individuals at risk. The app processes biometric time-series data collected by commercially available Apple smart phones and smart watches, calculates individual risk of critical events in real time and predicts when and how changes in a patient’s health states may occur. By notifying patients of imminent danger in advance, Antshrike enables timely intervention by healthcare providers, paving the way for personalized medical intervention and treatment and improved medical outcomes. “In South America, the Antshrike bird warns primates of upcoming dangers,” said Before Health Intelligence CEO & co-founder Ekaterina Mitricheva, MD, PhD. “We developed our new digital health app by the same name to warn those at risk of major ischemic cardiovascular events before they take place. With cardiovascular disease as the number one cause of death worldwide, there is an urgent need to predict and prevent heart attacks and strokes.” The Antshrike mHealth app: Passively monitors health status without interrupting daily routines, social interactions and work habits Predicts the danger and timing of cardiovascular events with more than 85% accuracy in a personalized manner Uses proven science based on decades of research, more than 130 billion data points analyzed by Before Health Intelligence’s scientists, as well as open source CDC data from tens of thousands of individuals Assures HIPAA-compliant patient privacy by preprocessing individual patient data (not patient records) on a patient’s phone with anonymized preprocessed values that can never be traced back to any specific person Requires no manual input of data or reliance on expensive hospital equipment and procedures Assists healthcare providers in saving more lives since timely predictive interventions are known to reduce the probability of lasting effects or fatality Antshrike uses two layers of AI, static and dynamic, to calculate an individual’s risk of critical events in real-time. The static layer processes data entered by an individual to determine an initial risk score, and the machine learning algorithm is trained on over 500,000 CDC datapoints of approximately 23,000 individuals. The dynamic layer collects and analyzes biometric time-series from smart watches in real-time, uses the proprietary AI algorithm to identify early warning signs of critical state transitions, and then delivers a personalized, time-sensitive risk score for an upcoming major ischemic cardiovascular event. The freemium app is expected to be available in the U.S. in 2025. To become a partner or learn more about the product, visit https://www.before-intelligence.com/contact. About Before Health Intelligence Ltd. Before Health Intelligence, a medical device manufacturer developing software-as-a-medical device (SaMD), offers mobile applications that identify the early warning signs of critical events in complex diseases. The apps analyze each individual’s health data, recorded by leading smart watch brands in combination with proprietary AI algorithms and data sets, as well as open source data from the Center for Disease Control (CDC). This continuous monitoring alerts individuals of early warning signs of critical cardiovascular events (e.g., heart attacks or strokes) or neuropsychiatric events (e.g., alcohol addiction relapse), enabling timely medical intervention and improved survival rates. Founded in 2022, the Before Health Intelligence team is comprised of highly skilled medical professionals, mathematicians, physicists and programmers with research experience at institutions such as Princeton University, Max Planck Society and MIT. Learn more at https://www.before-intelligence.com and follow the company on LinkedIn. Contact Details Rainier Communications Michelle Allard McMahon or Jenna Desimone beforehealth@rainierco.com Company Website https://www.before-intelligence.com/

November 19, 2024 07:45 AM Eastern Standard Time

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Bacula Announces Version 18.2 of its Backup and Recovery Software with New HPC Features

Bacula Systems

Expanding its leadership in high security, high performance backup and recovery for HPC and other demanding IT environments, Bacula Systems today announced a host of new features in the latest version of its backup and recovery software. Version 18.2 introduces powerful new features that enhance Bacula’s ability to support backup across a wide variety of different Virtual Machine-types. This comes as the industry continues its shift towards more economical alternatives to traditional VM’s. "This latest Bacula release underscores its unique ability to handle backups for numerous virtual machine types, enabling organizations to boost security, comply with regulatory demands, and achieve substantial cost savings," said Frank Barker, CEO of Bacula Systems. The new features in Version 18.2 further strengthen Bacula's top-tier security capabilities while enhancing its adaptability to meet the demands of complex IT environments—especially in terms of supporting various VM types and workloads. Its broad hybrid cloud qualities are now expanded with Lock function, immutability synchronization and storage class function for all cloud providers. Bacula’s advanced security features a number of innovative security tools, such as data poisoning detection, centralized encryption, FIPS 140-3 compliance, and an extensive cybersecurity dashboard for single-pane security control. Bacula now offers advanced backup and recovery capabilities for the following Virtual Machines: Nutanix, VMware, Hyper-V, KVM, Xen, XCP-ng, RHV and OpenStack. XCP-ng support now includes Secure mode. Version 18.2 offers Single Item Restore to all Hypervisor plugins. It also delivers Hypervisor to Cloud (EC2) conversion capabilities, a feature that provides the ability to send On-Premise backed-up virtual machines to the cloud to avoid lock-in situations with Hypervisor vendors and to help with migration strategies. Increased Hyper-V capabilities Bacula’s latest version offers the following enhancements for Hyper-V WinAPI to complement its ability to backup Virtual Machines in an agentless manner: Support for any kind of deployment (standalone or clustered) Advanced boot handling (UEFI based systems, device order management) Full, Differential or Incremental backup Data directly streamed from the source to the destination storage without the need of reserving any space on the backup agent running the process. Version 18.2 makes further additions to its comprehensive Kubernetes module, adding intelligence to select automatically the better backup mode or to protect additional services within a cluster such as the Ingress resource manager, among other improvements to increase its flexibility to support any kind of Kubernetes deployment. Applications and Databases additions include: Amazon Relational Database (RDS) Plugin: It is now possible to not only orchestrate Database as a Service backups in Amazon cloud, but also to extract the data and have it available OnPremise for increased protection or for migration purposes. M365 Plugin improvements: SharePoint module now has page-level recovery capabilities. Exchange module can now export its data to PST format and the new Activity module was added to protect logs on the actions performed on the Cloud service, which complements one of the most comprehensive M365 solutions in the industry. HPC Leadership: Bacula’s dominance in the HPC space is underlined by its remarkable scalability, Quobyte support and efficiency improvements to Bacula’s Big File Split module, which greatly accelerates the backup of environments with billions of files. ZFS advanced support, through extremely high performance design, will soon be available. In addition, Bacula has further developed its renowned Deduplication capability, with new and more powerful scan & recovery tools. "Bacula offers licensing without capacity limits, supports 34 different operating systems, leads the industry in security, scales extensively, provides in-cloud functionality, and is compatible with more hypervisor and container types than any other backup provider. Its unmatched flexibility delivers significant advantages for our military, government, e-commerce, ISV, and HPC clients"said Jorge Gea, CTO, Bacula Systems. Bacula Systems customers include NASA, Navisite, Texas A&M University, Sky PLC, Warner Bros, Locaweb and many more. About Bacula Systems: Bacula Enterprise Edition is a highly scalable backup and recovery software for large organizations, data centers and MSPs. www.baculasystems.com OpenStack and the OpenStack logos are trademarks of the OpenStack Foundation. Quobyte is a registered trademark of Quobyte Inc. Contact Details Bacula Systems Corp Rob Morrison +41 21 508 29 36 rob.morrison@baculasystems.com Company Website https://www.baculasystems.com/

November 19, 2024 07:12 AM Eastern Standard Time

Mercado Bitcoin Launches MBRL Stablecoin on the TRON Blockchain, Pegged to the Brazilian Real

Mercado Bitcoin

São Paulo, November 18, 2024 - Mercado Bitcoin (MB), the largest digital asset platform in Latin America, announces the launch of MBRL stablecoin on the TRON blockchain. The MBRL stablecoin presents an innovative means of payment that combines the trust and stability of Brazilian fiat currency with the utility and ease of tokenization. The MBRL stablecoin is an MB project that uses the TRON network through integration with the blockchain. This integration aims to create a fast, accessible and scalable smart contract platform. MBRL is designed to act as a reliable store of value with liquidity for withdrawals around the clock, including weekends and public holidays. Additionally, MBRL can be easily integrated into blockchain wallets, DeFi platforms, and dApps, making it incredibly versatile and easy to use. Lucca Benedetti, Product Analyst at MB, commented, "The introduction of MBRL is a significant milestone for both MB and the growing crypto community in Brazil. The TRON blockchain has already seen widespread adoption in the region. We are further solidifying our presence within the TRON ecosystem through the launch of MBRL. I'm looking forward to seeing the positive effects MBRL will bring”. Sam Elfarra, Community Spokesperson at TRON DAO commented, "We are thrilled to see MRBL launch in the TRON ecosystem. The launch is a significant step forward in our mission to provide accessible, efficient, and scalable blockchain solutions globally, showcasing the versatility and robustness of the TRON network. I believe MRBL will play a key role in accelerating the adoption of blockchain technology across the region". TRON network, the trusted network for developers, institutions, and individuals worldwide, is a layer-1 open-source blockchain protocol with over 271 million user accounts. With a total transfer volume exceeding $14 trillion, TRON stands out for its ability to efficiently handle both large and small transactions. Its speed and cost-effectiveness make it especially popular among retail users for fast, frequent, low-value transactions like remittances, micropayments, and peer-to-peer transfers. Leveraging the TRON network will enable MB to offer users faster, more reliable asset transfers with lower fees, enhancing the overall efficiency and accessibility of transactions. Customers in supported jurisdictions can now buy MBRL on Mercado Bitcoin's offer book or issue it directly with a deposit of BRL. They then receive MBRL stablecoins, which can be easily transacted in just a few seconds. Management and custody of the assets are carried out by MB Pay, Mercado Bitcoin's payment institution. About Mercado Bitcoin With 4 million customers in 11 years of operation, Mercado Bitcoin is the leading digital asset investment platform in Latin America and a benchmark in blockchain and the tokenized economy, operating with the highest standards of transparency and financial integrity. It is Brazil's first crypto unicorn and has been audited since 2018, and since 2022 by EY - one of the world's largest auditing firms. Mercado Bitcoin - Agência Pub Treicy Keller: treicy.keller@agencia.pub | +55 11. 98990-2218 Patrícia Martins: patricia.martins@agencia.pub | +55 24. 99942-3041 Anne Fadul: anne.fadul@agencia.pub | +55 11. 99335-4527 Chico Marcelino: chico.marcelino@agencia.pub | +33. 76945-0275 About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the integration of BitTorrent, a pioneer in decentralized Web3 services, boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of November 2024, it has over 271 million total user accounts on the blockchain, more than 8.9 billion total transactions, and over $18 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens – TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Yeweon Park press@tron.network Contact Details Patrícia Martins patricia.martins@agencia.pub

November 18, 2024 12:58 PM Eastern Standard Time

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Henson Group Named Managed Services Provider of the Year at the 2024 Ingram Micro ONE Innovation Summit

Spark Metro

Henson Group, a leading provider of cloud solutions and managed services, is proud to announce it has been awarded the Ingram Micro Managed Services Provider of the Year. Ingram Micro is a leading technology company for the global information technology ecosystem with the ability to reach nearly 90% of the world’s population. The award was presented as part of the 2024 INGRAM MICRO ONE INNOVATION SUMMIT, held from November 6-8 in Maryland. The Ingram Micro Partner Awards program honors the success of top-performing channel partners who have measurably exhibited an elite ability to drive business growth and positively impact the IT ecosystem with the support of Ingram Micro. This year’s honorees have displayed extraordinary levels of innovation, advocacy, performance, and sales success in 2024. Ingram Micro’s Managed Services Provider of the Year award recognizes Henson Group for consistently demonstrating exceptional expertise and innovation across multiple solution areas. Their dedication to innovation and unwavering commitment to customer satisfaction have made them an industry leader. Henson Group is celebrated for providing comprehensive cloud solutions, including Azure Spend Management, Azure Environment Monitoring & Tuning, Azure Optimization, and end-to-end Microsoft cloud managed services. The company’s unique approach combines cost savings and value, with a focus on enhancing security and providing industry-leading customer experiences. The Henson Group serves various industries including financial services, retail, manufacturing, healthcare, and technology. David Fuess, CEO of Henson Group, said, "This award reflects our relentless pursuit of excellence and our commitment to helping our clients achieve their digital transformation goals. We are proud of our team's hard work and the strong partnerships we have built with our clients and Ingram Micro." "We are incredibly honored to receive this prestigious award from Ingram Micro," said Alex Larsson, Chief Revenue Officer at Henson Group. "This recognition is a testament to our team's dedication to delivering cloud solutions and services that drive significant value for our clients." “We are proud to recognize Henson Group’s growing success and strategic engagement with Ingram Micro,” said Jennifer Anaya, Senior Vice President, Global Marketing, Ingram Micro. “This year’s honorees are among the best in the business and continue to lead by example, evolving their services and solutions to best support the needs of their customers now and in the future. Congratulations to all our winners and thank you for playing such an important and growing role in the success of today’s global, regional, and local B2B and B2C markets.” Henson Group is a six-time Microsoft Partner of the Year and holds multiple Microsoft-certified competencies, including the exclusive Azure Expert MSP certification. This extensive experience and expertise enable Henson Group to provide tailored solutions that precisely align with customer requirements, ensuring utmost satisfaction. Henson Group has helped over 1,000 companies across various industries, including financial services, retail/CPG, manufacturing, healthcare, and technology, media & entertainment. Discover how Henson Group's cloud solutions can transform your business. Visit HensonGroup.com to learn more about the company’s comprehensive suite of services designed to optimize your IT operations and drive innovation. About the Henson Group The Henson Group is not only the industry's Generative AI expert and Microsoft's top Azure/M365 and Managed Services Provider but also a distinguished Azure Expert MSP that has achieved all of Microsoft Azure Solution Designations. Our customer-centric approach extends beyond traditional managed services, offering comprehensive solutions for your complete cloud and machine learning journey. With expertise in Azure Infrastructure and Database Migrations, Cloud Security, and more, we leverage the full spectrum of Microsoft Solutions to drive innovation and maximize your technology infrastructure's efficiency and effectiveness. For more information, please contact: Bobby Lynch Chief Marketing Officer Henson Group Bobby@HensonGroup.com (212) 220-6711 Contact Details Henson Group Bobby Lynch +1 302-597-6768 Bobby@HensonGroup.com Company Website https://hensongroup.com/

November 18, 2024 11:49 AM Eastern Standard Time

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TESSAN Announces Major Black Friday and Cyber Monday Discounts on Popular Outlet Extenders

Rev Up Marketers

TESSAN, a leading provider of innovative power solutions, is excited to announce special Black Friday and Cyber Monday promotions on its highly popular outlet extenders. Due to the small size, ease of use, and reliability of TESSAN outlet extenders, they have been conceived to provide the most optimal charging experience possible in an appropriate manner considering the restricted outlet space. With the holiday shopping season just around the corner, TESSAN is providing deep discounts on its most popular outlet extenders, up to 30% off the price of each individual model, e.g. Due to the special, limited-time nature of these, these offers are very likely to sell out quickly and therefore customers are urged to plan before-hand and seek to utilise the special offers. Unbeatable Features for the Modern Home and Office After all, TESSAN outlet extenders are, in fact, flexible and therefore an innocuous means of powering all the way out of the home office to a visit, etc. Key features include: Multiple Outlet Configurations: The majority of models have four AC ports and three USB ports so that the user can charge multiple devices from just one wall socket. Compact and Portable: TESSAN extenders are incredibly lightweight and portable, perfect for frequent travelers and remote workers who need to stay connected on the go. Fast Charging: Using USB power delivery ports, these extenders provide fast charging for a variety of USB-powered devices (mobile phones, tablets, etc. Surge Protection: Off-line surge protection is also included to prevent sudden changes in power, which makes TESSAN extenders a robust solution under any of the considered environments. Sleek Design: Because of the form and the narrow size of the TESSAN extenders, these extenders can be small and placed comfortably, and snugly, inside spaces that are very constricted, without compromising the work of the other plugs. Special Offers: Bundles and Discounts Besides the exclusive discounts from the single product level, TESSAN provides special bundle offers to customers who want to install the practical power solutions in more rooms, or to the people who would like to be equipped with the tools. These bundled packages are such big discounts, which work for a family group, a boardroom meeting, or a thoughtful gift for the holidays. Why Shop TESSAN for Black Friday and Cyber Monday Get the home or office power-up of your dreams with TESSAN’s Black Friday and Cyber Monday deals. Whether you’re looking for an extender for everyday use or a portable travel solution, TESSAN has a model that suits your needs. Don't miss out on these amazing savings that won't be around for long. Tips to Maximize Your Savings To get the best impact of these time-off concessions, as well as consider the following:. Sign Up for Email Alerts: Update by subscribing to TESSAN email alerts with the sale start date and details. Plan: It’s a good idea to review the available models beforehand so that you’ll be prepared to go shopping as soon as the sale starts. Compare Products: TESSAN provides multiple outlet extenders with varying capabilities. Comparatively, the models are chosen to match your requirements. Perfect for Gifting Due to their mininess, lack of expansion, and portability, TESSAN outlet extenders are excellent gifts, particularly for technology lovers and travelers who fly often (e.g. Their practical nature ensures they’ll be appreciated year-round. About TESSAN As a pioneer in power solutions, TESSAN offers a range of premium products with high quality to fulfill charging and power requirements in today's homes and business premises. In keeping with an ethos for innovation, safety, and user experience, TESSAN is constantly embedding solutions so people can stay connected more affordably. Contact Details Tessan Annie Dong +1 833-362-9899 maggie@tessan.com Company Website https://tessan.com/

November 18, 2024 08:12 AM Eastern Standard Time

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Interoperability vs Fragmentation: Why Cross-Chain Solutions Matter for the Future of DeFi

Elluminex

Ethereum has Uniswap, Binance has PancakeSwap and Solana has Jupiter. Despite being one of the largest Layer 1 platforms, TON still lacks a competitive and effective DeFi protocol. Let’s run the numbers on TON: $13.4 billion in market capitalization, 950 million users, and over 1 billion transactions. Experts believe that any project that captures the first-mover advantage could see incredible returns as the cycle progresses. This is where Elluminex comes into play. A state-of-the-art cross-chain protocol that unites isolated blockchains, bringing all the best opportunities in one place. With analysts tipping Elluminex as one of the hottest plays of the 2024/2025 cycle, let’s see why it’s special. Decentralization Shouldn’t Mean Division The Elluminex decentralized exchange is the ecosystem’s flagship feature. Through its innovative Cross-Chain Bridge, Elluminex acts as a meeting point between all major blockchains. This will allow users to effortlessly swap assets while enjoying high transaction speeds and the lowest possible fees. This also enhances liquidity as it’s sourced from across the various blockchains, resulting in minimal slippage, even in high-volume situations. Investors will be welcomed by a lean and intuitive interface, which will make trading a secure stress-free experience. To further improve ease of access and privacy, Elluminex does away with KYC verification and allows users to access the platform just by connecting their self-custodial wallets. Through this feature alone, Elluminex could change the game and set new standards in terms of usability, security, and scalability. But it doesn’t end here. How Elluminex Leaves The Competition In The Dust Elluminex users will have an additional edge in whale trading and investing, thanks to the exclusive Elluminex portfolio tracker. They will be able to keep track of all their assets and manage them in the most efficient way possible. Through this feature, users will also have access to real-time analytics. This will allow them to keep up with the latest market updates and make informed decisions based on raw, no-nonsense data. Moreover, Elluminex's intriguing premarket feature will grant early access to TON-based projects before they hit exchanges. Investors will have the opportunity to capitalize on the latest-released gems without having to wait for whales to load up first or become exit liquidity for insiders it is often the case. DeFi Education Furthermore, Elluminex understands that the primary reason hindering DeFi adoption is that the space is inherently complex. Many newcomers often feel intimidated as they try and make sense of its inner workings. With its convoluted terminology and often opaque mechanics, DeFi’s potential is limited by these unintended barriers of entry. The truth is simple, without education DeFi can’t grow. This is why Elluminex has made it a mission to demystify DeFi by fostering an inclusive and educational environment. This initiative will help users understand core concepts and assist them in making informed decisions throughout their crypto journey. The $ELX Token The Elluminex ecosystem is powered by the native $ELX token. Users will reap substantial rewards from engaging with the platform and its advanced staking and farming model. 50% of the $ELX supply will be available during the presale which is set to launch soon. The rest of the tokens will be allocated toward marketing efforts, rewards, liquidity, and exchange listings. In addition to this, the tokenomics of $ELX also comprise a burn mechanism, which will automatically remove tokens from circulation, ensuring robust price stability and long-term growth. Once the presale is live, users will have the opportunity to invest in a project that could reinvent DeFi. Now is the time to start paying attention! For more information about Elluminex visit the links below: Website: https://elluminex.com/ Twitter/X: https://x.com/elluminex Telegram: https://t.me/Elluminex Elluminex aims to be the first comprehensive DeFi hub on the TON blockchain, designed to revolutionize the DeFi landscape. Our mission is to provide a seamless and user-friendly platform that empowers users to trade, stake, farm, bridge, and track their portfolios with ease. By leveraging the power of the TON blockchain, Elluminex seeks to offer unparalleled speed, security, and scalability, bringing DeFi to a network with over 950 million active users and over 1 billion recorded transactions. Contact Details Andy Green support@elluminex.com Company Website https://elluminex.com/

November 17, 2024 04:25 PM Eastern Standard Time

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Could Hybrid Crypto Cutoshi (CUTO) Put Ethereum Based Tokens Back On The Map?

Cutoshi

While Ethereum is making a mini-comeback during cryptocurrencies most bullish period of the year, Ethereum has largely succumbed to waning hype in 2024. As we enter into a meme super-cycle, Ethereum memes could single-handedly see Ethereum reach new all-time-highs. Pepe’s Coinbase listing perfectly showcases this, though for investors seeking considerable ROI, Cutoshi could be one of the most lucrative prospects during its presale. Cutoshi: The First Meme Token To Simplify DeFi For The Masses Aiming to be more than just a mere speculative meme token, at the forefront of Cutoshi’s ethos is to simplify DeFi for a wider audience. By extension, Cutoshi is able to appeal to a variety of demographics and experience levels, from whales and experienced traders, to brand new money entering the market as the bull run commences. This objective manifests through the ecosystem’s premier “Cutoshi Academy”, an all-exclusive educational platform that’s set to propagate a better future for cryptocurrency as aligned with Satoshi Nakamoti’s libertarian vision. By narrowing the knowledge gap and rendering complex blockchain concepts simple and digestible, the Academy empowers individuals to make informed decisions about their digital assets, and invest sensibly to maximize profits for the bull run. This educational initiative aligns with Cutoshi's mission to bring DeFi to the masses, fostering a more inclusive and decentralized financial future. At the heart of the Cutoshi ecosystem is its easy-to-navigate decentralized exchange (DEX). The multi-chain functionality of Cutoshi’s DEX ensures that users can seamlessly swap assets across various blockchain networks on a whim, saving both time and money. Cutoshi’s DEX is superior to CEX platforms, which rely on centralized entities and can be a hassle to use. This feature makes it easier for beginners and seasoned traders alike to participate in DeFi without the complexity often associated with inconvenient multi-chain platforms. All users need to do is connect their wallet, select the crypto they want to swap, and confirm the transaction. It’s that easy. Lucrative Incentives Bolster Cutoshi’s Bullish Outlook Cutoshi’s token farming mechanism is a core feature designed to reward community engagement. Users can complete quests, collect points, and claim rewards, turning participation into an engaging experience. This gamified approach incentivizes regular interaction with the platform and allows users to earn valuable CUTO tokens and exclusive perks. Unlike many DeFi projects, Cutoshi emphasizes shared success by redistributing a portion of its revenues back to the community. This includes buy-and-burn mechanisms to reduce the supply of CUTO tokens, driving scarcity and value for holders. Farming and staking rewards are structured to provide consistent returns, creating a sustainable income stream for all participants. This model ensures that the ecosystem’s growth translates into tangible benefits for its supporters, incentivizing Cutoshi’s community to partake in raids and contribute towards the marketing efforts of Cutoshi. Cutoshi’s NFTs add another layer of incentives for the community, offering unique and valuable digital assets to early adopters, active participants, and winners of challenges. These NFTs serve as collectibles and provide additional utility within the ecosystem, such as exclusive access to certain features or enhanced farming rewards. Poised For Immense Growth: Why Cutoshi Is Bound To Become A Top Meme Coin For This Bull Run Currently priced at $0.0259 during the third presale stage, Cutoshi exhibits potential to become one of Ethereum’s top meme tokens, potentially rivaling the likes of Pepe in terms of sheer lucrative potential. Given the massive hype for Cutoshi preceding the next major pump of the bull run, interested buyers are urged to act quickly before Cutoshi’s price increases for the next stage of the presale. Don’t miss out on this new meme gem! For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshi Welcome to Cutoshi, the revolutionary meme coin, DeFi hub and educational platform inspired by the Lucky Cat and Satoshi Nakamoto’s teachings. Traditionally, people put the Lucky Cat in their homes and businesses to maximize its lucky powers and bring them good fortune and wealth. Now Cutoshi the Lucky Cat is on the blockchain bringing luck, prosperity, and wealth to your digital assets. Cutoshi is creating a path to financial freedom, for those who choose to honor the power of the Lucky Cat. Supporting the principles of freedom, privacy, anonymity, and monetary empowerment for the masses. Cutoshi aims to bring the benefits of blockchain to everyone. The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Custoshi. Contact Details Cutoshi hello@cutoshi.com Company Website https://cutoshi.com/

November 17, 2024 02:18 PM Eastern Standard Time

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Bitcoin Sets Another Record, As This MemeFi Sensation Continues Innovating, Are Meme Coins Next To Pump?

Cutoshi

Bitcoin (BTC) has made headlines by surging above $90k after pro-crypto candidate Donald Trump won the US presidency. Following Bitcoin’s stellar performance, meme coins have started rallying in massive numbers, which means that meme season 2.0 is effectively starting now. A newcomer in the meme space, Cutoshi, is making waves with its unique utility and intriguing reward system, prompting many BTC holders to rotate profits into the viral presale of the native $CUTO token. Let’s discover why Cutoshi could revolutionize meme coins and bring massive price multipliers to early buyers. Bitcoin Teasing Another Run Above $90K Bitcoin (BTC) has once again surprised everyone over the past week by adding $20k to its previous $72k all-time high in a matter of days. This explosion in the Bitcoin price was mainly due to the “Trump Pump” as the crypto community calls the Trump effect on the crypto market. At press time, Bitcoin sells for $89,784 with a noteworthy 32% monthly increase and an 18% weekly increase. These numbers are impressive given the sheer size of Bitcoin’s market cap of $1.7 trillion, which requires immense amounts of liquidity for the price of BTC to rise higher. Despite Bitcoin traders taking home over $8 billion in profit in the past two days, Bitcoin’s price action remains relatively stable. This is mainly due to the bullish sentiment pervading the crypto community, supported by a massive $129 billion in futures trading volume recorded on centralized exchanges. Cutoshi Continues To Shine As Presale Nears $1 Million Milestone Cutoshi continues to rise as attention is shifting from majors to newer, undervalued projects that can yield massive price multipliers and mint new millionaires along the way. With another meme season ramping up, Cutoshi is set to see exponential gains thanks to its innovative framework that merges meme culture and DeFi utility. Cutoshi draws inspiration from two sources — its vibe and aesthetic are based on the Lucky Cats of Japanese folklore that are said to bring good fortune to businesses and households. Additionally, by embodying the values of privacy and decentralization, Cutoshi also echoes the teachings of Bitcoin creator Satoshi Nakamoto. At the heart of the Cutoshi ecosystem, users will find CUTO DEX, a cutting-edge decentralized exchange that brings together isolated blockchains, allowing for seamless P2P transactions that jump the middleman. This means near-instant swaps across a wide range of assets with low fees. One of Cutoshi ’s most intriguing features is the Cuto Farm system, powered by the $CUTO token. Users can immediately participate by completing fun missions and quests that are aimed at establishing Cutoshi’s presence in the crypto space. For their loyalty and efforts, they will receive Cuto points that can later be redeemed for more $CUTO once the token launches. Moreover, by staking their tokens and supporting the ecosystem, users will also have the opportunity to earn recurring rewards on autopilot. Another star feature that sets Cutoshi apart from the competition is the unique Cutoshi Academy. This is a learning hub that will lend a helping hand to beginners and teach them the fundamentals of DeFi, trading, and portfolio management. This initiative has already been praised as it greatly lowers entry barriers and demystifies aspects of the often confusing crypto world. Right now, stage 3 of the presale is live and $CUTO tokens are priced at $0.0259. At $850,000 in raised funds, demand is skyrocketing, with investors flocking to get an allocation at a discounted price. When taking into account all that this gem has to offer, it’s realistic to expect a monumental 2025 rally that could Cutoshi outperform many established majors such as Shiba Inu and Dogwifhat. Don’t miss out! For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshi Welcome to Cutoshi, the revolutionary meme coin, DeFi hub and educational platform inspired by the Lucky Cat and Satoshi Nakamoto’s teachings. Traditionally, people put the Lucky Cat in their homes and businesses to maximize its lucky powers and bring them good fortune and wealth. Now Cutoshi the Lucky Cat is on the blockchain bringing luck, prosperity, and wealth to your digital assets. Cutoshi is creating a path to financial freedom, for those who choose to honor the power of the Lucky Cat. Supporting the principles of freedom, privacy, anonymity, and monetary empowerment for the masses. Cutoshi aims to bring the benefits of blockchain to everyone. The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Custoshi. Contact Details Cutoshi hello@cutoshi.com Company Website https://cutoshi.com/

November 16, 2024 09:00 AM Eastern Standard Time

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