Fintech PR
Bitcoin Price Firms Up On Spot Bitcoin ETF Hopes, Buyers Flock to Bitcoin Minetrix $1.7m Stake to Mine Crypto Presale
NEW YORK, Oct. 18, 2023 /PRNewswire/ — The Bitcoin price is grinding higher as the probability that a spot Bitcoin ETF will be approved rises, which is leading traders to back Bitcoin cloud-mining coin Bitcoin Minetrix ($BTCMTX).
While the Bitcoin price has made tentative forays to nudge $29,000, Bitcoin Minetrix has attracted contributions of $1,711,000 for its tokenized Bitcoin cloud-mining ecosystem.
Native coin of the revolutionary Bitcoin cloud-mining ecosystem, $BTCMTX is now in the second stage of its presale, priced at $0.0111.
The Stage 1 presale target of $1.54 million sold out in less than two weeks, and there are only four days left to grab the Stage 2 price before the next increase. Bitcoin Minetrix looks set to be one of the main beneficiaries of rekindling interest in Bitcoin.
Buying pressure is building up for Bitcoin after the US Securities and Exchange Commission (SEC) decided not to appeal a recent court ruling, which found it had acted in error in the way it assessed the application by Grayscale Bitcoin Trust to convert to an exchange traded fund (ETF).
That decision, and the SEC dropping its appeal, taken together increase the likelihood that the SEC will approve a spot Bitcoin ETF.
All this comes on the back of false rumors earlier this week that approval had been granted for the spot Bitcoin ETF that BlackRock hopes to launch. In a buying frenzy, the Bitcoin price briefly smashed through the all-important $30k level.
The violent upswing provides an indication of the extent of built-up demand for Bitcoin that is tied to the expectation of a spot approval.
However, before the BlackRock spot Bitcoin ETF (under the iShares brand name) approval deadline on March 15 comes around, there is the one for the Ark Invest and 21Shares ETF application, which the SEC has to decide on by January 10.
“We believe there’s a 90% chance of approval by Ark’s Jan.10 deadline,” James Seyffart, ETF analyst at Bloomberg Intelligence, wrote in a recent note.
https://x.com/bitcoinminetrix/status/1714204890661113991
Spot Bitcoin ETF is inevitable say Bloomberg analysts – BTC to $180,000, Bitcoin Minetrix 100x?
In another more recent Bloomberg Intelligence client note, this time written by Elliott Stein and Seyffart, the approval of a spot Bitcoin ETFs is only a matter of time.
“Approval of a spot Bitcoin ETF looks inevitable at this point, given the court’s Aug. 29 ruling, the number of recent spot Bitcoin ETF applications and the SEC’s engagement with them.”
All of this is providing a fair wind for the Bitcoin price as traders enter the market with long positions.
Although there are Bitcoin ETFs based on CME futures, there are no spot products approved in the US, which is still home to the largest capital markets in the world.
ETFs will provide institutional and retail investors with an easy way to gain exposure to the asset without having to hold it directly.
Also, ETFs have exploded in popularity because they are generally much cheaper than mutual funds.
The prospect of a spot Bitcoin ETF approval and the upcoming Bitcoin halving event, which sees miners’ block rewards halved in April, are both extremely price-positive factors for Bitcoin, and by association the likes of coins such as Bitcoin Minetrix.
Tom Lee of Fundstrat Global Advisors predicts a price for Bitcoin that could be anywhere between $150,000 and $180,000 in the aftermath of a spot Bitcoin ETF approval, on the basis that demand will become greater than daily supply.
The upside potential for penny coins like Bitcoin Minetrix ($BTCMTX) could be 100x or more.
https://x.com/bitcoinminetrix/status/1714310459052966334
Why Bitcoin Minetrix could be the smartest way to gain exposure to the next Bitcoin bull run
There are hundreds of Bitcoin clones of one sort or another. The most well-known are forks from the original blockchain, such as Litecoin, Bitcoin Cash and Bitcoin SV.
There are many others – what might be considered second-tier forks – such as Bitcoin Gold and Bitcoin Diamond. All of these coins try to do something a little different to the original article, which for the more serious ones tends to be related to solving the scaling problem.
Then there are the Bitcoin clone coins that are more akin to meme coins than they are serious efforts to provide a value differential.
Recent offerings in that department include HPOS01, which, on decentralized exchanges, is identified by the ticker $BITCOIN.
Add to that a clutch of ‘version 2’ derivative coins, such as Bitcoin 2.0, for instance, and you can see that Bitcoin derivatives are something of a secular trend.
All of the aforementioned coins have to a lesser or greater extent benefited from riding piggyback on the Bitcoin brand name. Some like Bitcoin Cash have the genuine utility of larger block sizes, while others such as HPOS01 are pure meme coins with no utility whatsoever.
Nevertheless, coins like Bitcoin 2.0 ($BTC2.0) rose 189,000% in the days after it first launched three months ago on the Uniswap DEX. And of course Bitcoin was originally valued in pennies but is now priced at around $28,500.
But Bitcoin Minetrix is an entirely different proposition from all the clones mentioned above. It is the first coin to tokenize Bitcoin cloud-mining on the Ethereum Blockchain.
$BTCMTX takes an approach that solves a number of pressing problems and delivers passive income to token holders via a share of Bitcoin mining rewards.
https://x.com/bitcoinminetrix/status/1714189567757004932
Bitcoin Minetrix stake-to-mine could be a game-changing goldmine – earn 344% APY
Cloud-mining Bitcoin is an attractive product offering, but fraud is rampant. Bitcoin Minetrix‘s stake-to-mine system solves that problem because no cash changes hands, removing at a stroke the incentive for fraud.
In the Bitcoin Minetrix ecosystem all the business logic is encoded into smart contracts – from the stake-to-mine mechanics to the earning and allocation of cloud credits.
All a user needs to do is stake their tokens to begin earning a percentage of mining revenue based on the amount of mining credits held. There’s no need for expensive upfront capital outlay and the risk of making a loss.
In addition, all the technicalities of managing the mining operation are delegated to smart contracts, but in a way that keeps ultimate control with the user.
What’s more, you can stake in presale right now to start earning 344% annual percentage yield.
When BlackRock CEO Larry Fink says he is seeing Bitcoin buyers around the world and that there is a safe haven aspect to that, we should all sit up and take notice. Naturally, BlackRock is talking up its own book, because, assuming its spot Bitcoin ETF receives approval, his firm will have skin in the game.
In order to offer its spot Bitcoin ETF it will have to buy the underlying asset, as will all the other ETF providers with products awaiting approval by the SEC.
But there’s no need to wait for the starting gun – get a headstart by buying Bitcoin Minetrix in presale today.
Bitcoin Minetrix to 100x as ETF and halving fever pushes up Bitcoin demand
Gains of 100x for small-cap coins like $BTCMTX are a strong possibility, given its strong connection to the economics of the oldest and most valuable digital asset in crypto.
Given all of the unique selling points and advantages over the current mining incumbents, it is not surprising that Bitcoin Minetrix is being picked up for special attention by analysts.
Satoshi Staker has just released videos on ‘The future of Bitcoin Mining’, targeting Spanish and French speakers in a sign of the growing appeal of Bitcoin Minetrix’s revolutionary use case.
MINERÍA EN LA NUBE DESCENTRALIZADA PARA BITCOIN [Análisis de Bitcoin Minetrix]
CLOUD MINING DÉCENTRALISÉ POUR LE BITCOIN [Review de Bitcoin Minetrix]
Conor Kenny, who has 165,000 YouTube subscribers, latches on to the ease-of-use angle as one of Bitcoin Minetrix’s key selling points.
NEW Altcoin Presale Bitcoin Minetrix MINES $BTC For YOU!!!
Meanwhile, presale analyst Jacob Crypto Bury (20,000+ subscribers) predicts a 10x price explosion at launch.
NEW 10X Potential Presale Bitcoin Minetrix MINES $BTC For YOU – Best Crypto to Buy Now?
How to buy and stake today to start earning $BTCMTX
To buy the $BTCMTX token you will need ETH, USDT, BNB or a bank card. If you plan to purchase with ETH you can start staking-to-earn straightaway.
All you need to do is connect your wallet, determine how much you wish to invest and make sure you have a small amount in excess of that to cover transaction fees (approximately $10-20), if using the Ethereum blockchain.
Buying Bitcoin Minetrix today and sitting back to watch its cloud-mining passive income stream could build your wealth as Bitcoin, the currency of the future, grows in popularity and value.
Notes for editors
Media contact: [email protected]
Website: https://bitcoinminetrix.com
Social Channels: Twitter | Discord | Telegram Community
Presale stages:
|
Phase |
Token Price |
Percentage |
Amount of Tokens |
Total Tokens |
USD Value |
|
Phase 1 |
$0.01100000 |
5.0 % |
140,000,000 |
140,000,000 |
$1,540,000 |
|
Phase 2 |
$0.01110000 |
2.5 % |
70,000,000 |
210,000,000 |
$777,000 |
|
Phase 3 |
$0.01120000 |
2.5 % |
70,000,000 |
280,000,000 |
$784,000 |
|
Phase 4 |
$0.01130000 |
2.5 % |
70,000,000 |
350,000,000 |
$791,000 |
|
Phase 5 |
$0.01140000 |
2.5 % |
70,000,000 |
420,000,000 |
$798,000 |
|
Phase 6 |
$0.01150000 |
2.5 % |
70,000,000 |
490,000,000 |
$805,000 |
|
Phase 7 |
$0.01160000 |
2.5 % |
70,000,000 |
560,000,000 |
$812,000 |
|
Phase 8 |
$0.01170000 |
2.5 % |
70,000,000 |
630,000,000 |
$819,000 |
|
Phase 9 |
$0.01180000 |
2.5 % |
70,000,000 |
700,000,000 |
$826,000 |
|
Phase 10 |
$0.01190000 |
2.5 % |
70,000,000 |
770,000,000 |
$833,000 |
|
Phase 11 |
$0.01200000 |
2.5 % |
70,000,000 |
840,000,000 |
$840,000 |
|
Phase 12 |
$0.01210000 |
2.5 % |
70,000,000 |
910,000,000 |
$847,000 |
|
Phase 13 |
$0.01220000 |
2.5 % |
70,000,000 |
980,000,000 |
$854,000 |
|
Phase 14 |
$0.01230000 |
2.5 % |
70,000,000 |
1,050,000,000 |
$861,000 |
|
Phase 15 |
$0.01240000 |
2.5 % |
70,000,000 |
1,120,000,000 |
$868,000 |
|
Phase 16 |
$0.01250000 |
2.5 % |
70,000,000 |
1,190,000,000 |
$875,000 |
|
Phase 17 |
$0.01260000 |
2.5 % |
70,000,000 |
1,260,000,000 |
$882,000 |
|
Phase 18 |
$0.01270000 |
2.5 % |
70,000,000 |
1,330,000,000 |
$889,000 |
|
Phase 19 |
$0.01280000 |
2.5 % |
70,000,000 |
1,400,000,000 |
$896,000 |
|
Phase 20 |
$0.01290000 |
2.5 % |
70,000,000 |
1,470,000,000 |
$903,000 |
|
Phase 21 |
$0.01300000 |
2.5 % |
70,000,000 |
1,540,000,000 |
$910,000 |
|
Phase 22 |
$0.01310000 |
2.5 % |
70,000,000 |
1,610,000,000 |
$917,000 |
|
Phase 23 |
$0.01320000 |
2.5 % |
70,000,000 |
1,680,000,000 |
$924,000 |
|
Phase 24 |
$0.01330000 |
2.5 % |
70,000,000 |
1,750,000,000 |
$931,000 |
|
Phase 25 |
$0.01340000 |
2.5 % |
70,000,000 |
1,820,000,000 |
$938,000 |
|
Phase 26 |
$0.01350000 |
2.5 % |
70,000,000 |
1,890,000,000 |
$945,000 |
|
Phase 27 |
$0.01360000 |
2.5 % |
70,000,000 |
1,960,000,000 |
$952,000 |
|
Phase 28 |
$0.01370000 |
2.5 % |
70,000,000 |
2,030,000,000 |
$959,000 |
|
Phase 29 |
$0.01380000 |
2.5 % |
70,000,000 |
2,100,000,000 |
$966,000 |
|
Phase 30 |
$0.01390000 |
2.5 % |
70,000,000 |
2,170,000,000 |
$973,000 |
|
Phase 31 |
$0.01400000 |
2.5 % |
70,000,000 |
2,240,000,000 |
$980,000 |
|
Phase 32 |
$0.01410000 |
2.5 % |
70,000,000 |
2,310,000,000 |
$987,000 |
|
Phase 33 |
$0.01420000 |
2.5 % |
70,000,000 |
2,380,000,000 |
$994,000 |
|
Phase 34 |
$0.01430000 |
2.5 % |
70,000,000 |
2,450,000,000 |
$1,001,000 |
|
Phase 35 |
$0.01440000 |
2.5 % |
70,000,000 |
2,520,000,000 |
$1,008,000 |
|
Phase 36 |
$0.01450000 |
2.5 % |
70,000,000 |
2,590,000,000 |
$1,015,000 |
|
Phase 37 |
$0.01460000 |
2.5 % |
70,000,000 |
2,660,000,000 |
$1,022,000 |
|
Phase 38 |
$0.01470000 |
2.5 % |
70,000,000 |
2,730,000,000 |
$1,029,000 |
|
Phase 39 |
$0.01480000 |
2.5 % |
70,000,000 |
2,800,000,000 |
$1,036,000 |
- Any unsold tokens will be added to the final presale stage.
- Soft Cap – $16,030,000 – 1,400,000,000 Tokens
- Ethereum
- ERC-20
- $BTCMTX
- Starting Price – $0.011
- Presale Starting Date – 26/09/2023
- Minimum Buy – $10
Photo: https://mma.prnewswire.com/media/2251096/Bitcoin_Minetrix.jpg
View original content:https://www.prnewswire.co.uk/news-releases/bitcoin-price-firms-up-on-spot-bitcoin-etf-hopes-buyers-flock-to-bitcoin-minetrix-1-7m-stake-to-mine-crypto-presale-301960833.html
Fintech PR
Wahed appoints Khalid Al Jassim as Executive Chairman of Wahed MENA to help guide the strategic growth of Wahed in the region
DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Wahed, a global Shariah-compliant fintech, has appointed Khalid Al Jassim as Chairman of Wahed MENA.
On this appointment, Khalid commented, ”I am excited to guide Wahed’s growth in the region. Wahed’s mission of furthering Islamic Finance is one I resonate with deeply and I look forward to supporting its growth ambitions.”
Khalid has over twenty five years of investment banking and corporate advisory experience gained with some of the most innovative and groundbreaking institutions in the world.
His career spans leading firms including SABIC, Arthur Anderson and Arcapita Bank in Bahrain, where he was instrumental in making it into one of the PE powerhouses in the region. His responsibilities started in the earlier years with establishing the Investment Placement Team and transforming it into one of the most robust teams in the industry. At the time that Khalid left Arcapita to build his personal business, he was an Executive Director. Today he is Chairman of Afkar Vision, a private advisory house specialized in mergers and acquisitions with offices in Manama, Dubai and Riyadh.
As well as being one of the earliest investors in Wahed, he is currently Chairman of the Audit Committee and Board Member at Bahrain Islamic Bank, the 4th oldest Islamic Bank in the World and Board Member at SICO Bank and SICO Capital in Saudi, an $8bn asset manager in the region.
Mohsin Siddiqui, Wahed CEO said, “We are delighted to announce Khalid’s appointment. His unique understanding of the financial landscape in the MENA region is unparalleled and we are excited to bring this expertise in continuing to grow our presence in the region.”
About Wahed
Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over $ 1 billion in assets.
For more information, visit: www.wahed.com
Photo – https://mma.prnewswire.com/media/2566076/Wahed_MENA_Khalid_Al_Jassim.jpg
View original content:https://www.prnewswire.co.uk/news-releases/wahed-appoints-khalid-al-jassim-as-executive-chairman-of-wahed-mena-to-help-guide-the-strategic-growth-of-wahed-in-the-region-302314779.html
DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Qatar Development Bank (QDB) announces a strategic investment in Wahed, a global Shariah-compliant fintech.
Wahed currently manages over $1 billion in assets and has attracted over 400,000 clients worldwide. The company is built on the principles of democratizing access to financial services and offers clients access to Shariah-compliant investments in its mobile app. Wahed removes the barriers to sophisticated investment management services that have been traditionally reserved for high-net-worth investors.
Khalid Al Jassim, Executive Chairman of Wahed MENA said: ‘We are delighted to welcome our new shareholders, QDB. We believe Qatar is fully aligned with our mission in creating a technology-first Islamic finance leader that unlocks a financial ecosystem free from Riba. We look forward to supporting the Qatar National Vision 2030 of becoming a leading knowledge-based economy.
Ali Rahimtula, Partner at Cue Ball Capital said: “Qatar Development Bank’s strategic investment is a clear signal of the faith the industry has in Wahed and its ability to create the future of Islamic Finance.”
About Wahed
Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over $ 1 billion in assets.
For more information, visit: www.wahed.com
About Qatar Development Bank
Qatar Development Bank’s mission is to advance the economic and innovation development cycle of Qatar, supporting and contributing to the nation’s economic diversification. As well as a focus on the development of Qatar’s private sector, QDB is a powerful catalyst for socio-economic development in the country, empowering the local economy and bettering living standards.
For more information, visit: https://www.qdb.qa/
Photo – https://mma.prnewswire.com/media/2566075/Qatar_Development_Bank_Announcement.jpg
View original content:https://www.prnewswire.co.uk/news-releases/qatar-development-bank-announces-strategic-investment-in-global-islamic-fintech-wahed-302314778.html
DHAKA, Bangladesh, Nov. 23, 2024 /PRNewswire/ — With the popularity of electric vehicles in Bangladesh, the globally renowned AIMA brand has also arrived in Bangladesh. The esteemed DX Group has brought the AIMA F-626 to customers. This environmentally friendly battery-operated electric motorbike has already been approved by the Bangladesh Road Transport Authority (BRTA) now.
In light of the increasing popularity of electric motorcycles in the country, the internationally-leading brand AIMA has entered the market. By the end of 2023, AIMA electric two-wheelers had established a presence in over 50 countries worldwide, with 11 global production bases, including overseas factories in Indonesia and Vietnam. In 2022, AIMA collaborated with Rob Janoff, the designer of the Apple logo, to refresh the brand’s VI system with a youthful and fashionable image. In 2023, AIMA teamed up with PANTONE, the global authority in color expertise, to create the trending color of the year. As an industry leader, AIMA spearheads the electric two-wheeler sector and showcases the prowess of a leading electric two-wheeler brand on a global scale. As of March 31, 2024, AIMA’s total electric two-wheeler sales had reached 80 million units, earning certification from Frost & Sullivan, a globally recognized business growth consulting firm, as the “Global Leading Electric Two-wheeler Brand”.
Over the years, AIMA has always been a product trendsetter in the electric two-wheeler sector. As of March 31, 2024, the total sales volume of AIMA electric two-wheelers reached 80 million, and Frost & Sullivan, a world-renowned market consulting company, awarded AIMA with the market status certification of the “Global Leading Electric Two-wheeler Brand (by Sales)”.
AIMA adhere to the customer-centered product philosophy and technologies that support long-term innovation and breakthroughs. We believe that the efficiency and modern technology of the AIMA F-626 will present an excellent alternative means of communication for our customers.
Photo – https://mma.prnewswire.com/media/2557788/image.jpg
Photo – https://mma.prnewswire.com/media/2565550/Image2.jpg
Logo – https://mma.prnewswire.com/media/2449955/5026987/AIMA_Technology_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/chinas-aima-brand-electric-motorbike-is-now-in-bangladesh-302314773.html
-
Fintech4 days agoFintech Pulse: Industry Updates, Innovations, and Strategic Moves
-
Fintech3 days agoFintech Pulse: Daily Industry Brief – A Dive into Today’s Emerging Trends and Innovations
-
Fintech PR4 days agoTAILG Represents the Industry at COP29, Advancing South-South Cooperation with Low-Carbon Solutions
-
Fintech PR5 days agoROLLER Releases 2025 Attractions Industry Benchmark Report, Unveiling Key Trends and Revenue Strategies
-
Fintech6 days agoFintech Pulse: Navigating Expansion, Innovation, and Sustainability
-
Fintech5 days agoFintech Pulse: Milestones, Partnerships, and Transformations in Fintech
-
Fintech PR3 days agoAlkira Ranked 25th Fastest-Growing Company in North America and 6th in the Bay Area on the 2024 Deloitte Technology Fast 500™
-
Fintech PR5 days agoThe CfC St. Moritz Announces New Speakers from BlackRock, Binance, Bpifrance, Temasek, PayPal, and More for Upcoming 2025 Conference