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Bitcoin Price Reclaims $35,000 But Booming Bitcoin Minetrix Cloud Mining Token Raises $3m And is a 10x Prospect

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NEW YORK, Nov. 2, 2023 /PRNewswire/ — As the Bitcoin price stabilizes at $35,000, traders are flooding into Bitcoin alternatives for market-beating returns, fuelling rapid growth beyond $3.1 million for Bitcoin Minetrix. But as the $BTCMTX presale enters Stage 5 – here’s why you don’t want to miss out.

Bitcoin has seen a strong recovery with a 107.16% YTD move, and now with BTC finding its feet at a 17-month high above $34,000 – markets are racing to find alternative plays like Bitcoin Minetrix ahead of the next recovery leg.

This comes as Bitcoin markets are invigorated by a highly-anticipated (but still unconfirmed) approval of BTC Spot ETFs.

https://twitter.com/BTC_Archive/status/1719670341486698772

Indeed, BTC traders are keenly following the 10 Bitcoin Spot ETF applications for any signs of progress such as ticker listings on DTCC, with the latest entrant being a new application from VanEck submitted on Monday, October 30.

Bitcoin On-Chain Signals Indicate the Bitcoin Spot ETF Recovery Rally Has Staying Power

The excitement around Bitcoin ETFs appears to have triggered defiance in Bitcoin’s performance on-chain, marking a juncture with past cycles.

A glance at the Stablecoin Supply Ratio Oscillator (SSRO – a measure of whether markets are sat in stablecoins or Bitcoin) reveals a new all-time high of 4.13 as traders appear to have ladened their portfolios with Bitcoin.

While this suggests limited stablecoins on-hand to pump the Bitcoin price further, it also reflects growing excitement in market sentiment ahead of a theorized Bitcoin Spot ETF approval, with traders positioning themselves for significant gains.

However, the last time this occurred in June 2019, it coincided with a massive bearish spike in Reserve Risk (a measure of confidence in Bitcoin’s risk/reward proposition).

Uniquely, despite the aggressive shift over the past month from stablecoins to Bitcoin, the Reserve Risk has remained extremely low, suggesting that markets have strong confidence in BTC’s current risk/reward proposition.

With more than 70% of Bitcoin supply in the hands of long-term holders, expectations of a wave of Bitcoin Spot ETF approvals delivering multi-billion dollar inflows could see institutional money fighting for a slice of only 30% of remaining circulating supply.

This would see huge demand-side pressure against a relative supply shock – potentially fuelling a skyrocket rally to a new Bitcoin all-time high.

Although such a move will require BTC to defy significant fundamental headwinds, such as increased geopolitical risk in the Middle East, and macroeconomic constraints such as a Fed at war with stubborn inflation

How a Bitcoin Price Explosion Can Send Bitcoin Minetrix to the Moon

One industry specialist is anticipating a remarkable surge in Bitcoin’s value, projecting a potential increase to $135,000 in the near future, while another expert envisions an even more dramatic rise, predicting a peak of $750,000.

In the midst of this, Bitcoin Minetrix, a tokenized Bitcoin cloud-mining project, has successfully garnered $3 million in funding at the end of Stage 4, positioning itself as a potentially lucrative investment opportunity.

Now trading at $0.0114 in Stage 5, Bitcoin Minetrix presents a compelling risk-reward scenario that may outshine Bitcoin’s potential gains.

Investors need to move fast to miss the next price stage rise when the raise total hits $3,904,697. The $BTCMTX price rises to $0.0115 in Stage 6 of the presale.

Achieving a 100% increase from its current price would propel Bitcoin to unprecedented heights, breaking into the $70,000 range and setting a new all-time high.

At this moment, traders and investors are keenly watching Bitcoin, anticipating a significant upward movement into the $46,000 to $52,000 bracket. Such a move would be a clear indicator that Bitcoin is poised to reach new all-time highs.

https://twitter.com/bitcoinminetrix/status/1719280156387209681

While this prospect is indeed exciting, it pales in comparison to the 10x potential returns of investing in Bitcoin alternatives like $BTCMTX.

Due to its significantly lower market cap, and its role in connecting retail traders with the Bitcoin mining revolution, $BTCMTX stands to increase in value by several thousand percent, offering investors a more affordable entry point into the booming Bitcoin narrative.

Furthermore, any positive developments for Bitcoin tend to have a ripple effect, benefiting a variety of similar cryptocurrencies and derivative coins such as $BTC20 and the $BITCOIN meme coin (HPOS10I).

Bitcoin Minetrix is emerging as a favorite among these beneficiaries, standing out due to its unique and genuine contribution to the expansive world of opportunities within the Bitcoin ecosystem.

Bitcoin Minetrix Can Boost Your Portfolio With More Than Just Value Accrual

https://twitter.com/bitcoinminetrix/status/1719686017270096245

But the potential of the Bitcoin Minetrix ecosystem doesn’t stop at possible value accrual.

Users who proactively stake their $BTCMTX tokens are rewarded with more tokens at 195% current APY. These extra tokens earned before the Bitcoin Minetrix stake-to-mine feature goes live will grant holders a larger piece of the mining power pie once they can be staked for mining credits.

Mining credits, while being ERC-20 tokens, hold a unique utility – they can be redeemed for designated BTC cloud mining time slots, enabling retail investors to tap into the supply of fresh Bitcoin rewards.

Once this mechanism becomes fully active and operational, those who stake can look forward to reaping actual BTC rewards through the act of cloud mining, thereby opening the doors to an additional, lucrative revenue stream.

With so much promise, Bitcoin Minetrix has unlocked star status amongst leading crypto influencers, such as top crypto analyst Jacob Bury – who has highlighted the presale’s rapid ascent to $3 million in his latest video.

However, with just one day left to claim your slice of the pie at a superior entry price of $0.0114, don’t be sidelined by yet another high-growth play.

Buy BTCMTX today

Photo – https://mma.prnewswire.com/media/2264962/Bitcoin_minetrix.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/bitcoin-price-reclaims-35-000-but-booming-bitcoin-minetrix-cloud-mining-token-raises-3m-and-is-a-10x-prospect-301976308.html

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Fintech PR

Invitation to presentation of EQT AB’s Q1 Announcement 2024

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STOCKHOLM, April 5, 2024 /PRNewswire/ — EQT AB’s Q1 Announcement 2024 will be published on Thursday 18 April 2024 at approximately 07:30 CEST. EQT will host a conference call at 08:30 CEST to present the report, followed by a Q&A session.

The presentation and a video link for the webcast will be available here from the time of the publication of the Q1 Announcement.

To participate by phone and ask questions during the Q&A, please register here in advance. Upon registration, you will receive your personal dial-in details.

The webcast can be followed live here and a recording will be available afterwards.

Information on EQT AB’s financial reporting

The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.

The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.

Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Shareholder Relations, [email protected]

Rickard Buch, Head of Corporate Communications, +46 72 989 09 11
EQT Press Office, [email protected], +46 8 506 55 334

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/eqt/r/invitation-to-presentation-of-eqt-ab-s-q1-announcement-2024,c3956826

The following files are available for download:

https://mb.cision.com/Main/87/3956826/2712771.pdf

Invitation to presentation of EQT AB’s Q1 Announcement 2024

https://news.cision.com/eqt/i/eqt-ab-group,c3285895

EQT AB Group

 

View original content:https://www.prnewswire.co.uk/news-releases/invitation-to-presentation-of-eqt-abs-q1-announcement-2024-302109147.html

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Kia presents roadmap to lead global electrification era through EVs, HEVs and PBVs

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  • Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’
  • Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market
  • Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand
    • Goal to sell 1.6 million EVs annually in 2030, introducing 15 models
    • PBV to play a key role in Kia’s growth, targeting 250,000 PBV sales annually by 2030 with PV5 and PV7 models
  • Kia to invest KRW 38 trillion by 2028, including KRW 15 trillion for future business
  • 2024 business guidance : KRW 101 tln in revenue with KRW 12 tln in operating profit; operating profit margin of 11.9% on sales of 3.2 million units globally
  • CEO reaffirms Kia’s commitment to ESG management

SEOUL, South Korea, April 5, 2024 /PRNewswire/ — Kia Corporation (Kia) today shared an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea.

Based on its innovative achievements in the years since the announcement of mid-to-long-term business initiatives, Kia is focusing on updating its 2030 strategy announced last year and further strengthening its business strategy in response to uncertainties across the global mobility industry landscape.

During the event, Kia updated its mid-to-long-term business strategy with a focus on electrification, and its PBV business. Kia reiterated its 2030 annual sales target of 4.3 million units, including 1.6 million units of electric vehicles (EVs). The 2030 4.3 million annual sales target is 34.4 percent higher than the brand’s 2024 annual goal of 3.2 million units.

The company also plans to become a leading EV brand by selling a higher percentage of electrified models among its total sales, including hybrid electric vehicles (HEV), plug-in hybrid (PHEV), and battery EVs, projecting electrified model sales of 2.48 million units annually or 58 percent of Kia’s total sales in 2030.

“Following our successful brand relaunch in 2021, Kia is enhancing its global business strategy to further the establishment of an innovative EV line-up and accelerate the company’s transition to a sustainable mobility solutions provider,” said Ho Sung Song, President and CEO of Kia. “By responding effectively to changes in the mobility market and efficiently implementing mid-to-long-term strategies, Kia is strengthening its brand commitment to the wellbeing of customers, communities, the global society, and the environment.”

Photo – https://mma.prnewswire.com/media/2380039/Photo_1__2024_CEO_Investor_Day.jpg
PDF – https://mma.prnewswire.com/media/2380040/Press_Release__2024_Kia_CEO_Investor_Day_240405.pdf

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BioVaxys Technology Corp. Provides Bi-Weekly MCTO Status Update

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VANCOUVER, BC, April 4, 2024 /PRNewswire/ — BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) (the “Company“) is providing this bi-weekly update on the status of the management cease trade order granted on February 29, 2024 (the “MCTO“), by its principal regulator, the Ontario Securities Commission (the “OSC“), under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“), following the Company’s announcement on February 21, 2024 (the “Default Announcement“), that it was unable to file its audited annual financial statements for the year ended October 31, 2023, its management’s discussion and analysis of financial statements for the year ended October 31, 2023, its annual information form for the year ended October 31, 2023, and related filings (collectively, the “Required Annual Filings“). Under National Instrument 51-102, the Required Annual Filings were required to be made no later than February 28, 2024.

As a result of the delay in filing the Required Annual Filings, the Company was unable to file its interim financial statements for the three months ended January 31, 2024, its management’s discussion and analysis of financial statements for the three months ended January 31, 2024, and related filings (collectively, the “Required Interim Filings“). Under National Instrument 51-102, the Required Interim Filings were required to be made no later than April 1, 2024.

The Company anticipates filing the Required Annual Filings by April 30, 2024. The auditor of the Company requires additional time to complete its audit of the Company, including the Company’s recent acquisition of all intellectual property, immunotherapeutics platform technologies, and clinical stage assets of the former IMV Inc. that closed on February 16, 2024. In addition, the Company anticipates filing the Required Interim Filings immediately after the filing of the Required Annual Filings.

Except as herein disclosed, there are no material changes to the information contained in the Default Announcement. In addition, (i) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Required Annual Filings and/or Required Interim Filings is continuing, each of which will be issued in the form of a press release; (ii) the Company does not have any information at this time regarding any anticipated specified default subsequent to the default in filing the Required Annual Filings and Required Interim Filings; (iii) the Company is not subject to any insolvency proceedings; and (iv) there is no material information concerning the affairs of the Company that has not been generally disclosed.

About BioVaxys Technology Corp.

BioVaxys Technology Corp. (www.biovaxys.com), a biopharmaceuticals company registered in British Columbia, Canada, is a clinical-stage biopharmaceutical company dedicated to improving patient lives with novel immunotherapies based on the DPX™ immune-educating technology platform and it’s HapTenix© ‘neoantigen’ tumor cell construct platform, for treating cancers, infectious disease, antigen desensitization, and other immunological fields. The Company’s clinical stage pipeline includes maveropepimut-S which is in Phase II clinical development for advanced Relapsed-Refractory Diffuse Large B Cell Lymphoma (DLBCL) and platinum resistant ovarian cancer, and BVX-0918, a personalized immunotherapeutic vaccine using it proprietary HapTenix© ‘neoantigen’ tumor cell construct platform which is soon to enter Phase I in Spain for treating refractive late-stage ovarian cancer. The Company is also capitalizing on its tumor immunology know-how and creation of a unique library of T-lymphocytes & other datasets post-vaccination with its personalized immunotherapeutic vaccines to utilize predictive algorithms and other technologies to identify new targetable tumor antigens. BioVaxys common shares are listed on the CSE under the stock symbol “BIOV” and trade on the Frankfurt Bourse (FRA: 5LB) and in the US (OTCQB: BVAXF). For more information, visit www.biovaxys.com and connect with us on X and LinkedIn.

ON BEHALF OF THE BOARD

Signed “James Passin
James Passin, Chief Executive Officer
Phone: +1 646 452 7054

Logo – https://mma.prnewswire.com/media/1430981/BIOVAXYS_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/biovaxys-technology-corp-provides-bi-weekly-mcto-status-update-302108920.html

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