Fintech PR
Bitcoin ETF Token Raises $4.1m as Buyers Snap Up Final Chance to Invest
NEW YORK, Dec. 15, 2023 /PRNewswire/ — The Bitcoin ETF Token ($BTCETF) is selling out fast as traders grab the coin at the lowest price before the crypto bull run explodes when a spot Bitcoin ETF is approved by the US SEC.
The Bitcoin price has consolidated above $42,000 after briefly touching $45,000 in a show of strength that has fired the starting gun on what could be the biggest-ever digital assets price explosion.
The Bitcoin ETF Token presale has entered its 10th and final stage, so there are only days left to buy at the cheapest available price of $0.0068.
As the FOMO around the imminent approval of a spot Bitcoin ETF continues to mount, traders have poured $4.1 million into the $BTCETF initial coin offering. There is now less than $800,000 to raise to reach the hard cap goal of $4,956,000.
https://x.com/BTCETF_Token/status/1735341990160540109
Contributors to the presale could see returns that go parabolic with 100x gains, such is the anticipation surrounding the prospect of a spot Bitcoin ETF transforming the investment landscape for crypto.
The Bitcoin ETF Token provides the answer to the question of how to best position investment portfolios to benefit from a spot Bitcoin ETF approval, which is likely coming as soon as January.
The Ethereum-based coin is explicitly crafted with burn mechanisms triggered by ETF approval, launch and other milestones, such as trading volumes and assets under management.
In other words, at every major step on the journey from approval to launch and market take-up, owners of the $BTCETF token will directly benefit.
Such will be the seismic impact of a spot Bitcoin ETF approval, Google has already moved to change its advertising rules on crypto to allow for fund managers issuing the products to be able to promote them.
Bitcoin ETF will be at the center of the BlackRock v Vanguard struggle for ETF supremacy
With an expected ‘crypto super cycle’ about to explode, the cryptocurrency asset class could find itself at the center of an arms race among fund managers to be the top dog.
BlackRock is the No. 1 ETF issuer but passive investment pioneer Vanguard is not far behind. Crypto is emerging as a key battleground as the two heavyweights vie for ETF supremacy in a market that in the US alone is worth $7.8 trillion.
BlackRock has performed a U-turn on crypto after previously dismissing the asset class while Vanguard remains in the doubters’ camp. Crypto could be part of BlackRock’s master plan to stay out in front of its rivals – success with that ploy could force Vanguard’s arm.
If Vanguard does at some point next year decide to succumb to pressure from clients (and asset manager competitors) and start issuing crypto ETFs, expect another huge injection of liquidity into digital asset markets.
In another significant development, BlackRock, following a meeting with the SEC, has revised its ETF filing application in such a way that it would allow banks to sidestep not being allowed to hold crypto on their balance sheets. BlackRock’s new proposal allows a custodian – in this case Coinbase Custody – to hold crypto on behalf of the banks. By becoming Authorized Participants, banks would be able to directly swap cash for crypto assets.
However, the wind in the sails of the Bitcoin ETF Token is not purely down to the prospects for Bitcoin ETFs but also Bitcoin’s wider claim to be a store of value.
Although Vanguard may doubt crypto is a viable asset class and bemoan its volatility as a reason for steering clear, a look around the world finds a growing list of countries where its citizens increasingly recognize Bitcoin’s utility as a store of value.
Bitcoin is a world-changing store of value and Bitcoin ETF Token can reap the upside
A recent X post by the Canadian restaurant business Tahini’s makes the point very well. In a post yesterday it highlights that 725 million people in six countries (Turkey, Egypt, Nigeria, Argentina, Lebanon and Pakistan) are witnessing Bitcoin trading at all-time-highs against bombed-out local currencies.
https://x.com/TheRealTahinis/status/1734745743498289538
Buying $BTCETF today is not just a short-term bet on the SEC approving a spot product but a longer-term positioning for a pivotal economic and financial moment. There are highly likely to be more countries joining the list above as peak-globalization turns into an economic downturn in key countries such as China, the second-largest economy on the planet and still the primary workshop of the world.
In addition, the supply shock from the halving of Bitcoin block rewards paid to miners to 3.25 BTC at the same time as demand increases, means Bitcoin could settle at a price above $1 million.
The chances of Bitcoin becoming an official reserve currency for citizens suffering from dying local currencies or who are locked out of the traditional financial landscape are rising.
Bitcoin derivative coins such as Bitcoin ETF Token are set to reap the benefits of the deep secular transformation of economies and finance that Bitcoin will be at the center of.
Here’s how the Bitcoin ETF Token adds value at every milestone
A shrinking total supply by as much as 25% increases the scarcity of the Bitcoin ETT Token, making it a stronger value proposition. For each of the first five milestones, the transaction tax decreases by 1% from a starting level of 5%.
5 steps to Bitcoin ETF riches:
- $BTCETF hits a trading volume of $100 million
- SEC approves the first spot Bitcoin ETF
- First spot Bitcoin ETF launches in the US
- Bitcoin ETF assets under management hits $1 billion
- Bitcoin price closes daily candle above $100,000
Bitcoin ETF Token is “like nothing you have ever seen” – 10x gains at launch, 100x to come?
The Bitcoin ETF Token presale run rate is speeding up, so there is no time to lose to grab what could be an initial 10x return opportunity. Given the token’s unique position in the market, popular analysts have spotted the opportunity and have been informing their audiences.
As the Bitcoin ETF approval FOMO grows, YouTube crypto analysts are turning up the heat.
Austin Hilton has told his 239,000 YouTube channel subscribers that the Bitcoin ETF Token is like “nothing you have ever seen before”, describing its milestone burn mechanism as “very cool”.
New Crypto Project! Bitcoin ETF Project! Very Cool! LIKE NOTHING YOU HAVE EVER SEEN!
Similarly, YouTube crypto expert Jacob Crypto Bury is eyeing $BTCETF for big gains – he predicts a 10x move when it launches on decentralized exchanges:
BTC ETF Token Raises $2,000,000 (Best Crypto to Buy Now?!)
Conor Kenny has let his 170,000 audience of subscribers know about the innovative rewards mechanism’s link to Bitcoin ETF approval and associated milestones. He suggests it is one of the best ways available to play this crypto investment theme. As altcoin season surges, 10x gains could be 100x for those who ride the coming wave of capital appreciation.
BTCETF Crypto | A Token Rewarding Holders As Bitcoin ETFs Are Approved!!
Crypto will be a growing slice of a $14 trillion ETF pie – and Bitcoin ETF Token is the easiest way to gain exposure
Visit the Bitcoin ETF Token website and join on X (Twitter) and Telegram to stay up to date with project developments. The website has an excellent news ticker, so you will always be first to hear market-moving news about spot Bitcoin ETFs.
To invest in the presale, connect your crypto wallet, set the amount you wish to invest and pay with ETH, BNB, MATIC or USDT. You can also contribute to the presale the old-fashioned way by using your bank card.
As mentioned, 10x returns are well within bounds for a coin that has already put its stamp on the ‘Bitcoin ETF’ theme, but much larger returns could be in store for those who hold for the long term.
Bitcoin could do for financial markets what gold did for ETFs after the first index fund for the yellow metal launched in 2003. The global ETF market is forecast to be valued at $14 trillion by the end of 2024.
Crypto will be a growing share of that total and buying Bitcoin ETF Token is probably the smartest way to gain exposure to the investment returns to come.
Media contact: [email protected]
Photo: https://mma.prnewswire.com/media/2302084/Bitcoin_ETF.jpg
View original content:https://www.prnewswire.co.uk/news-releases/bitcoin-etf-token-raises-4-1m-as-buyers-snap-up-final-chance-to-invest-302016719.html
- Work is more important to professionals in ‘Global South’ countries than it is to their peers in Western countries.
- They also place more value on working longer hours, with a significant percentage of professionals in China and India willing to work more than 40 hours a week.
- Westerners lack leadership ambition – only 42% of respondents express a desire to lead or establish a business. In the Global South 65% hold this aspiration.
- Global executive search & leadership advisory firm Amrop surveyed 8,000 people in Brazil, China, France, Germany, India, Poland, the UK, and US on the meaning of work.
BRUSSELS, Dec. 23, 2024 /PRNewswire/ — Professionals in Western countries are less ambitious and less interested in work than their ‘Global South’ peers, a new global study by Amrop, a leading global executive search and leadership consulting firm, reveals.
“The drive and ambition in India, Brazil, and China highlight a contrast with the aging societies in the West. As Western nations also face a scarcity of qualified professionals, the ambition of their workforce becomes a decisive factor for growth, economic success, and wealth preservation,” states Annika Farin, Global Chair at Amrop. “Stakeholders should encourage entrepreneurship and foster interest in both professional and personal growth in workers.”
Notably, 92% of Indians and 87% of Brazilians say they enjoy working, while the sentiment is lower in Germany (71%), the US (69%), and the UK (68%), as well as other European countries. Significant variations emerge in how respondents prioritize their careers: 84% in India assert that a successful career is crucial for a good life, with high agreement also in China (71%) and Brazil (70%). Conversely, only 43% in Germany, 40% in France and 37% in Poland share this perspective. In other Western countries such as the US and UK, over half of respondents consider their careers vital for a good life.
India Leads with Impressive Work Ethic and Work-Life Balance
However, divergent work ethics surfaced among Western countries as well, with 70% in the US prioritizing hard work, contrasting starkly with the 35% in France who share the same belief. In this context, India leads at 75%, surpassing Brazil (55%) and China (63%). Chinese professionals also lean more towards career over private life. Work hours reveal distinctions: 46% in China and 42% in India are willing to work over 40 hours, while 29% in the UK, 27% in Germany and only 16% in France, are open to longer working hours. At the same time 73% in India and 59% in China assert that they have a healthy work-life balance, contrasting with 45% in France and 49% in Germany.
“This observation is intriguing. Working fewer hours doesn’t necessarily improve one’s perception of work-life balance. If any connection exists, it appears to be the other way around – professionals willing to work longer hours also seem to have a greater sense of work-life balance. In Europe, especially, we need follow-up studies to find out where these sentiments are coming from, so we know how to reignite the passion for work,” says Farin.
The Lack of Leadership Ambition Extends to Politics
Further results from the survey show that the Global South countries demonstrate a higher aspiration for leadership roles and entrepreneurial ventures. Notably, 76% in India express a desire to run or manage a company, followed by 66% in Brazil and 54% in China. In contrast, the UK (52%), the US (49%), France (37%), and Germany (36%) trail in these aspirations. The global lack of leadership ambition extends to politics, with respondents deeming it the least desirable career across most countries. Only 19% express a motivation to make a positive impact, with 51% prioritizing financial stability and 39% aiming for a specific lifestyle.
Looking at these results, Farin emphasizes a further concern, “In surveying individuals with at least a bachelor’s degree across various countries, our results prompt a crucial question: If most professionals lack ambition for high-level leadership, who will shape the future of economies and societies? Our societies rely on people, their expertise, and motivation. Are we approaching a future where we question not only corporate leadership but also national leadership?”
About the Survey
An online survey was conducted and gathered insights from 8,000 participants, with 1,000 respondents from each of the following countries: Brazil, China, France, Germany, India, Poland, the US, and the UK.
The survey aimed for representativeness across these diverse nations, capturing perspectives from individuals aged 20 to 60 (Gen Z: 20-26, Young Millennials: 27-34, Old Millennials: 35-42, Gen X: 43-60), all possessing at least a bachelor’s degree. Where applicable, reported results represent the top two answer sets (strongly agree/agree).
About Amrop
Amrop is a global leadership consulting firm, offering retained executive search, Board and leadership advisory services. We advise the world’s most dynamic, agile organizations on identifying and positioning Leaders For What’s Next – adept at working across borders, in markets around the world. Established in 1977, Amrop operates in Asia, EMEA and the Americas across 69 offices in 57 countries.
Contact:
The Amrop Partnership SC
Rue Abbé Cuypers 3
1040 Brussels, Belgium
T. +32 471 733 825
E. [email protected]
Brigitte Arhold, COO
Logo: https://mma.prnewswire.com/media/1755576/Amrop_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/new-report-what-rises-in-the-east-and-goes-down-in-the-west-ambition-to-lead-302337266.html
Fintech PR
Siraj Finance PJSC signs an agreement with Azentio for iMAL core and digital financial services solution subscription optimization
SINGAPORE, Dec. 23, 2024 /PRNewswire/ — Siraj Finance PJSC, a leading Islamic Finance Company in the UAE, has signed an agreement with Azentio, a pioneer in the core banking technology service provider. The agreement represents the collaboration for implementation of the core and digital banking solution to further enhance the operational capabilities and digitization of Siraj Finance’s product and service offerings. The step is directly in line with Siraj Finance’s goal of providing diversified Islamic financial products and services via channels that are innovatively utilizing latest technology while remaining customer centric and regulatory compliant.
Mr. Amjad Hijazi – Chief Operating Officer, Mr. Joseph Daniel – Chief Business Intelligence & Strategy Officer, Mr. Syed Moosa Kaleem Al Falahi – Chief Business & Investment Officer and Mr. Fazal Nassim – Chief Governance & Compliance Officer represented Siraj Finance, whereas Mr. Rahul Arora – Chief Sales Officer, Mr. Harkaran Singh – Senior Vice President, Middle East & Africa, Mr. Zaher El Khatib – Vice President Global Islamic Banking Sales, Mr. Alfred Quertier – Director Global Sales Engineering and Mr. Bhushan Kelkar – Vice President Sales represented Azentio, in the signing ceremony.
Commenting on the partnership, Mr. Amjad stated, “We are delighted to be working with Azentio as our technology partner of choice to empower our ongoing business growth. For us, iMAL and its comprehensive functionality coupled with the adherence to Islamic principles, align with our goals, allowing our team to streamline processes, enhance productivity and elevate the omnichannel customer journey.”
Mr. Rahul added, “We are extremely pleased to partner with Siraj Finance to deliver a user-friendly digital financial services experience to both their retail and corporate customers. This partnership reflects our ongoing commitment to empowering financial institutions in the region with cutting-edge technology designed to meet both current and future needs.”
About Siraj Finance
Siraj Finance is a private joint stock company based in Abu Dhabi and regulated by the Central Bank of the UAE. Established in 1999, it proudly offers a multitude of financial products, designed in compliance with the Sharia principles. It caters to Corporates, Small and Medium Enterprises (SMEs) and individuals, with the objective of providing a variety of tailored product and service options that are best fit for their aspirations and needs.
Photo: https://mma.prnewswire.com/media/2584254/Azentio_Siraj_Finance_PJSC_signing.jpg
Logo: https://mma.prnewswire.com/media/2423342/Azentio_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/siraj-finance-pjsc-signs-an-agreement-with-azentio-for-imal-core-and-digital-financial-services-solution-subscription-optimization-302336280.html
Fintech PR
DAZN ADVANCES GLOBAL EXPANSION WITH ACQUISITION OF FOXTEL, A LEADING AUSTRALIAN SPORTS AND ENTERTAINMENT MEDIA GROUP
- Milestone deal for DAZN’s position as the global home of sport.
- This acquisition establishes DAZN’s sports platform in Australia, one of the world’s most attractive sports markets.
- Foxtel Group will leverage DAZN’s global reach, industry-leading technology and extensive content portfolio to further enhance the viewing experience for Australian sports fans.
LONDON, NEW YORK, and SYDNEY, Dec. 22, 2024 /PRNewswire/ — DAZN, a world-leading sports entertainment platform, has today announced an agreement to acquire Foxtel Group (‘Foxtel’) from its majority shareholder News Corp and minority shareholder Telstra at an enterprise value of US$2.2 billion, subject to regulatory approval.
The acquisition establishes DAZN as a leader in sports entertainment in Australia – a highly attractive sports market – while also expanding DAZN’s global footprint and enhancing the group’s standing as the global home of sport. The addition of Foxtel to DAZN brings the Group’s pro-forma revenues towards US$6 billion and provides the additional content, expertise, and expansion opportunities to accelerate DAZN’s growth trajectory.
Foxtel is one of Australia’s leading media companies, with 4.7 million subscribers, who will benefit from DAZN’s extensive portfolio of sports content, platform technology, and global reach.
From its beginnings as Australia’s original pay-TV innovator, Foxtel has evolved to become a digital and streaming leader in sports and entertainment and the proposed transaction positions Foxtel for continued expansion as a digital-first, streaming-focused business. Foxtel will maintain its local character, led by the CEO, Patrick Delany, and his world-class management team.
DAZN, a sports streaming platform with a truly global reach, is committed to growing the global audience for domestic Australian sports across the 200 territories in which it is available.
Under the terms of the transaction, News Corp and Telstra will become minority shareholders in DAZN, enabling them to retain an interest in Foxtel.
Shay Segev, Chief Executive Officer of DAZN, said: “Australians watch more sport than any other country in the world, which makes this deal an incredibly exciting opportunity for DAZN to enter a key market, marking another step in our long-term strategy to become the global home of sport. Foxtel is a successful business that has undergone a remarkable digital transformation in recent years, and we are confident that our global reach and relentless pursuit of innovation will continue to drive the business forward and ensure long-term success.
“We are committed to supporting and investing in Foxtel’s television and streaming services, across both sports and entertainment, using our world-leading technology to further enhance the viewing experience for customers. We are also committed to using our global reach to export Australia’s most popular sports to new markets around the world, and we will continue to promote women’s and under-represented sports.
“We’re looking forward to working closely with Patrick Delany and his team, as well as News Corp and Telstra as shareholders in DAZN, to realise our ambitious vision for the future of sport entertainment.”
Siobhan McKenna, the Chairman of Foxtel, said the agreement with DAZN was international recognition of the transformation of Foxtel from an incumbent pay TV operator to a sports and entertainment digital and streaming leader. “Over the last seven years the Foxtel team, with the strong support of News, have achieved an extraordinary turnaround in an intensely competitive environment.”
Foxtel Group CEO, Patrick Delany, said: “Today’s announcement is a natural evolution for the Foxtel Group, having reinvented the company over the past five years as Australia’s most dynamic technology-led streaming company.
“Kayo and Foxtel provide Australian sports fans with access to the best Australian and international sport and shows, including AFL, NRL and Cricket with 4.7 million subscribers.
“We are excited by DAZN’s commitment to the Australian market. They are experts in the sports media business and can play a significant role in supporting Foxtel as the business grows its streaming capabilities, bringing a bigger and better service to customers across entertainment, news and sport. They are a perfect match for us as we look toward this next era of growth.
“We have been grateful for the support of News Corp while we reimagined the future of Foxtel. In 2019, when we merged Foxtel and Fox Sports we had many people questioning our future.
“After launching Kayo later in 2019 and BINGE in 2020, today we are the largest Australian-based streamer of sport and entertainment, we have stabilised our Foxtel base and launched Hubbl to help consumers find all the streamed content they love all in one place. This wouldn’t have been possible without the support and encouragement of News Corp.”
NOTES TO EDITORS
About DAZN
As a world-leading sports entertainment platform, DAZN streams over 90,000 live events annually and is available in more than 200 markets worldwide.
DAZN is the home of European football, women’s football, boxing and MMA, and the NFL internationally. The platform features the biggest sports and leagues from around the world – Bundesliga, Serie A, LALIGA, Ligue 1, Formula 1, NBA, Moto GP, and many more including the 2025 FIFA Club World Cup.
DAZN is transforming the way people enjoy sport. With a single, frictionless platform, sports fans can watch, play, buy, and connect. Live and on-demand sports content, anywhere, in any language, on any device – only on DAZN.
DAZN partners with leading pay-TV operators, ISPs and Telcos worldwide to maximise sports exposure to a broad audience. Its partners include Deutsche Telekom, Orange, Sky, Movistar, Telenet, Vodafone, and many more.
DAZN is a global, privately-owned company, founded in 2016, with more than 3,000 employees. The Group generated $3.2bn in revenue in 2023, having grown its annual revenues by over 50% on average from 2020 to 2023, through diverse revenue streams comprising subscriptions, advertising, sponsorship, and transactional. For more information on DAZN, our products, people, and performance, visit www.dazngroup.com.
About Foxtel
The Foxtel Group is one of Australia’s leading media companies with 4.7 million subscribers. Its businesses include subscription television, streaming, sports production and advertising. The Foxtel Group is owned 65% by News Corp and 35% by Telstra.
The Foxtel Group’s diversified business includes Fox Sports, Australia’s leading sports production company, famous for live sports and shows with the best commentators and personalities. It is also the home of local and global entertainment content and continues to be the partner of choice for the widest range of sports and international content providers based on established, long-term relationships, growing streaming audiences, and position as the largest Australian-based subscription television company.
View original content:https://www.prnewswire.co.uk/news-releases/dazn-advances-global-expansion-with-acquisition-of-foxtel-a-leading-australian-sports-and-entertainment-media-group-302337997.html
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