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Investors Could Increase Exposure To Small- and Micro-Caps Over The Next Year: Research Published By New Horizon Aircraft (NASDAQ: HOVR)

Benzinga

By James Blacker, Benzinga With interest rate cuts expected soon and other market conditions potentially set to improve, savvy investors are turning their attention to small-cap and micro-cap stocks, a new study suggests. According to the research, which was commissioned by advanced aerospace engineering company New Horizon Aircraft (NASDAQ: HOVR), both institutional and retail investors might significantly boost their allocation to these market segments over the next 12 months. Visit New Horizon Aircraft’s website to learn more about its approach to innovating and how it is building its position as a key player in the advanced air mobility market. Growing Appeal Of Small- And Micro-Cap Stocks The study, carried out by PureProfile, surveyed fund managers in the United States, Canada, Europe, the Middle East and Asia with a collective $82.4 billion in assets under management. A notable 76% of the respondents said they anticipate that institutional investors will increase their exposure to small- and micro-caps over the next six to 12 months. Of this number, 34% think the allocations will increase by 25% or more. Furthermore, retail investors are also expected to allocate more to micro- and small-caps, with 83% of the study’s respondents saying this will be the case. Around half said retail investors will boost their investments by more than 25%, while 12% think retail investors could increase their exposure by as much as 50%. The study also found there to be a perception among some fund managers that current exposure to small- and micro-cap stocks is underweight. Approximately one-third of respondents described institutional investor exposure to these segments as underweight, while 59% expressed this sentiment regarding retail investors. However, the research also found that 27% of respondents consider institutional investor exposure to these stocks as overweight, while 30% think the same for retail investors. According to Horizon Aircraft CEO Brandon Robinson, this shift in investment strategy could be driven by the potential for higher growth rates in small-cap companies compared to their larger counterparts. “As the economy rebounds, small and micro-cap companies are likely to have higher growth potential than large-cap companies. This is due to their agility in capitalizing on new technologies alongside investors looking for significantly higher growth potential over the magnificent seven and other ultra-large cap stocks that are showing signs of being overbought,” Robinson notes. Lessons From The Dot-Com Bubble The late-1990s/early 2000s period provides an interesting parallel to today’s market environment, showcasing how small-cap stocks can rebound strongly after a period of underperformance. During the dot-com bubble, large-cap stocks, particularly those tied to the internet boom, significantly outpaced small caps. These tech giants, much like Nvidia (NASDAQ: NVDA) today, saw their valuations skyrocket, creating a significant valuation gap between large and small-cap stocks. However, in the years after the dot-com bubble burst, small caps began to outperform large caps as the market recovered. Those who invested in stocks in the S&P 500’s Information Technology index in 2000 lost 29% cumulatively over the next five years. In contrast, those who continued to invest in small-cap value gained 89%, based on the Russell 2000 Value Index from the start of 2001 through 2005. Today, the valuation gap between small and large caps is the widest it has been since the dot-com era. In terms of forward price-to-earnings, small caps are currently trading at 14 times earnings, while large caps are trading at 20 times. This disparity suggests that small caps could potentially be once again poised for a period of outperformance. Horizon Aircraft: A Small-Cap Stock In The Advanced Air Mobility Space One small-cap stock that could benefit from this reallocation of investments is HOVR. New Horizon Aircraft is promising to shake up the advanced air mobility industry with its hybrid electric Vertical Takeoff and Landing (eVTOL) aircraft, called the Cavorite X7. With a projected useful load of 1,500 lbs, an anticipated maximum speed of 250 miles per hour and a range of 500 miles, the Cavorite X7 is designed for a wide range of applications ranging from medical evacuation to critical supply delivery, disaster relief, special military missions and regional air mobility. For those looking to stay ahead of the curve, keeping an eye on New Horizon Aircraft and similar small-cap innovators could be a smart move. Read more about New Horizon Aircraft: On The Horizon: How One Company Plans To Use Its Innovative Aircraft Design To Revolutionize Regional Air Travel New Horizon Aircraft (NASDAQ: HOVR) Announces Key Technical Updates On Development Of eVTOL Prototype From Stage To Stage: How New Horizon Aircraft's eVTOLs Could Simplify Tour Logistics For Taylor Swift Sustainably Featured photo by Sergei Tokmakov 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 not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

August 19, 2024 08:35 AM Eastern Daylight Time

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ATFX Launches MetaTrader 5 (MT5), Offering Enhanced Trading Experience for Global Users

500NewsWire

ATFX, a leading global CFD broker, proudly announces the launch of MetaTrader 5 (MT5) platform. This milestone not only underscores ATFX's unwavering commitment to continually upgrading its customer service quality but also marks a significant leap forward in the brand’s mission to create an exceptional trading environment for investors worldwide. Over the years, ATFX has earned high recognition and widespread acclaim from clients globally, setting industry benchmarks with its superior product range, meticulous customer service, optimized user experience, and relentless platform innovation driven by intelligent technology. Now, MT5, as the outstanding successor and innovator to MT4, brings with it deep performance optimization and comprehensive technical upgrades, promising to open a new chapter in trading for investors. With MT5, users can enjoy intelligent trading systems, advanced charts and technical analysis, various order types and execution modes, and robust data protection features, ensuring a faster, stronger, and more convenient service experience. Moving forward, ATFX will continue to focus on the needs of global investors, consistently setting new industry standards. In the ever-evolving financial sector, ATFX ensures that each technological advancement precisely meets the traders’ needs, collectively charting the grand blueprint for the future financial landscape. About ATFX ATFX is a leading global fintech broker with a local presence in 23 locations and licenses from regulatory authorities, including the UK's FCA, Cypriot CySEC, UAE's SCA, Australian ASIC, and South African FSCA. With a strong commitment to customer satisfaction, innovative technology, and strict regulatory compliance, ATFX provides exceptional trading experiences to clients worldwide. For further information on ATFX, please visit ATFX website https://www.atfx.com. Contact Details ATFX sales.uk@atfx.com Company Website https://www.atfx.com/

August 19, 2024 04:00 AM Eastern Daylight Time

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Make Your Puzzles Launches New Platform for Personalized Photo Puzzles

Rev Up Marketers

Make Your Puzzles is thrilled to announce the launch of its newest online platform, allowing users to create custom photo puzzles from their favorite photos. This new service offers a creative and unique way to turn cherished memories into custom puzzles, making them the perfect gift or keepsake for any occasion. The platform is designed to be user-friendly, enabling customers to easily design their own puzzles. Whether choosing a single photo, creating a collage with multiple images, or selecting from a vast library of professional pictures, Make Your Puzzles provides all the tools needed to craft a truly personalized product. Additionally, customers can customize the puzzle box, adding text or graphics to enhance the gift's personal touch. Sustainability is at the core of Make Your Puzzles' mission. All puzzles are produced using 100% recycled materials, eco-friendly inks, and biodegradable packaging, ensuring that each product is as environmentally responsible as it is beautiful. With this new launch, Make Your Puzzles is set to become the go-to destination for custom puzzles that celebrate life’s special moments. The platform offers an enjoyable way to create meaningful, high-quality puzzles that are sure to be treasured for years to come. About Make Your Puzzles Make Your Puzzles specializes in high-quality, eco-friendly personalized photo puzzles. Proudly manufactured in the USA, the company combines creativity and sustainability to offer unique gifts that capture and celebrate life’s most cherished memories. For more information, visit MakeYourPuzzles.com. Contact Details Make Your Puzzles Steven Kosir info@makeyourpuzzle.com Company Website https://makeyourpuzzles.com/

August 18, 2024 11:39 PM Eastern Daylight Time

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CPV Expands Partnership with Harrison Street; Announces Investment in CPV Renewables

CPV

Competitive Power Ventures Group (“CPV Group”), a leading developer, owner, and operator of utility-scale renewable and low emission electric generation, and Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets with approximately $55 billion in assets under management, today announced that the firms intend to expand their strategic partnership, with Harrison Street executing an agreement to acquire one-third of CPV Renewable Power, LP (“CPV Renewables”), a CPV Group affiliate. Through this investment, Harrison Street will support and accelerate CPV Renewables’ growing renewable energy development business, which comprises nine operating and under construction projects. Together, these projects total over 700 MW-ac of wind and solar capacity, sufficient to power over 570,000 households. CPV Renewables has also identified a near-term pipeline totaling ~4 GW-ac and consisting of more than 15 wind, solar, and co-located battery storage projects. “We have a longstanding relationship with Harrison Street and this next step shows the strong commitment from all sides to drive decarbonization efforts forward. This partnership will accelerate the buildout of our 4 GW pipeline of renewable development projects,” said Sean Finnerty, President of CPV Renewables. “By bringing together OPC, CPV Renewables, and Harrison Street, we have successfully formed one of the most formidable renewables businesses in the country. All parties worked seamlessly throughout the execution of this process, and we look forward to building on our partnership for years to come.” “Our investment in CPV Renewables represents a significant opportunity for Harrison Street to expand our relationship with a trusted partner and support a premier renewable energy platform that can quickly scale within the U.S. power markets”, Carolyn Arida, Senior Managing Director at Harrison Street, added. “Backed by Harrison Street’s industry-leading renewables expertise and CPV’s 25-years of unprecedented success, CPV Renewables is well positioned to capitalize on sector tailwinds and address increasing energy demands across the U.S.” About CPV CPV Group LP, a partnership majority owned by OPC Energy Ltd., has 25 years of unprecedented success in the development and operation of highly efficient and low emitting electric generation and renewable projects in the United States. CPV is focused on applying its development, financial and project management expertise to advance the next generation of technologies. After bringing on 5.3 GW of natural gas, wind, and solar generation since 2010 and with a current pipeline of over 10 GW of renewable and dispatchable generation projects, including utility-scale carbon capture, CPV is well positioned to help drive the nation’s decarbonization goals forward.For more information: please visit www.cpv.com and follow CPV on LinkedIn. About OPC Energy OPC Energy Ltd. (OPCE:Tel Aviv), is an energy company leading the Energy Transition revolution in Israel and the USA, and provides electricity in an efficient, reliable and environmentally friendly manner while combining solar energy, wind and natural gas with high efficiency. In Israel, OPC is the first and leading private electricity producer, offering its customers an integrated energy solution that includes the supply of all energy needs through the company's production sites and in the customer's yard using natural gas and solar energy, as well as charging electric vehicles. In the USA, the company operates through the CPV Group, which supplies electricity using efficient natural gas and wind energy, and also builds and develops Powerhouse using natural gas, natural gas with reduced emissions, as well as solar and wind energy. For more information: please visit www.opc-energy.com/en. About Harrison Street Harrison Street is one of the leading investment management firms exclusively focused on alternative real assets. Since inception in 2005, the firm has created a series of differentiated investment solutions focused on demographic-driven, needs-based assets. The Firm has invested across senior housing, student housing, build-to-rent, healthcare delivery, life sciences and storage real estate as well as social, utility and digital infrastructure. Headquartered in Chicago and London, with offices throughout North America, Europe and Asia, the Firm has more than 280 employees and approximately US $55 billion in assets under management on behalf of institutional investors across the globe. Harrison Street was awarded Best Places to Work by Pensions & Investments for nine years (2014-2020, 2022, 2023) and since 2019 has won 15 awards from PERE, including three for the 2023 Awards: Alternatives Investor of the Year – Global, Data Centers Investor of the Year – North America, and ESG Firm of the Year - North America. For more information, please visit www.harrisonst.com. (Assets under management ("AUM") reflects AUM for the Firm’s investment advisory and asset management clients, and is inclusive of the Firm’s regulatory AUM reported in its Form ADV.) Contact Details Competitive Power Ventures (CPV) Sam Loftus +1 617-347-8094 sloftus@cpv.com Harrison Street Doug Allen/Ellie Johnson +1 646-722-6530 Harrisonstreet@DLPR.com Company Website http://www.cpv.com

August 18, 2024 06:00 AM Eastern Daylight Time

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CRWD Investor Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Investors of Securities Fraud Class Action Lawsuit Filed Against CrowdStrike Holdings, Inc. (CRWD)

KTMC

The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) informs investors that a securities class action lawsuit has been filed against CrowdStrike Holdings, Inc. (“CrowdStrike”) ( NASDAQ: CRWD ) on behalf of investors who purchased or otherwise acquired CrowdStrike Class A common stock between November 29, 2023 and July 29, 2024, inclusive (the “Class Period”). The lead plaintiff deadline is September 30, 2024. CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP: If you suffered CrowdStrike losses, you may CLICK HERE or go to: https://www.ktmc.com/new-cases/crowdstrike-holdings-inc?utm_source=PR&utm_medium=link&utm_campaign=crwd&mktm=r You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at info@ktmc.com. Please CLICK HERE to view our video or copy and paste this link into your browser: https://youtu.be/Z-ZWi3gKhIY DEFENDANTS’ ALLEGED MISCONDUCT: The complaint alleges that, throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) CrowdStrike had instituted deficient controls in its procedures for updating its Falcon software platform, and was not properly testing updates to Falcon before rolling them out to customers; (2) this inadequate software testing created a substantial risk that an update to Falcon could cause major outages for a significant number of the company’s customers; and (3) such outages could pose, and in fact ultimately created, substantial reputational harm and legal risk to CrowdStrike. As a result of these materially false and misleading statements and omissions, CrowdStrike stock traded at artificially high prices during the Class Period. THE LEAD PLAINTIFF PROCESS: CrowdStrike investors may, no later than September 30, 2024, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff. Kessler Topaz Meltzer & Check, LLP encourages CrowdStrike investors who have suffered significant losses to contact the firm directly to acquire more information. CLICK HERE TO SIGN UP FOR THE CASE OR GO TO: https://www.ktmc.com/new-cases/crowdstrike-holdings-inc?utm_source=PR&utm_medium=link&utm_campaign=crwd&mktm=r ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP: Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country and around the world. The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com. CONTACT: Kessler Topaz Meltzer & Check, LLP Jonathan Naji, Esq. (484) 270-1453 280 King of Prussia Road Radnor, PA 19087 info@ktmc.com May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes. Contact Details Kessler Topaz Meltzer & Check, LLP Jonathan Naji, Esq. +1 484-270-1453 info@ktmc.com Company Website https://www.ktmc.com

August 16, 2024 04:00 PM Eastern Daylight Time

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FIVE CLASS ACTION ALERT: Kessler Topaz Meltzer & Check, LLP Reminds Five Below, Inc. Shareholders of Securities Fraud Class Action Lawsuit

KTMC

The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) informs investors that a securities class action lawsuit has been filed against Five Below, Inc. (“Five Below”) ( NASDAQ: FIVE ) on behalf of investors who purchased or otherwise acquired Five Below securities between March 20, 2024 and July 16, 2024, inclusive (the “Class Period”) The lead plaintiff deadline is September 30, 2024. CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP: If you suffered Five Below losses, you may CLICK HERE or go to: https://www.ktmc.com/new-cases/five-below-inc?utm_source=PR&utm_medium=link&utm_campaign=five&mktm=r Please CLICK HERE to view our video or copy and paste this link into your browser: https://youtu.be/fFmKozwIzvA You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at info@ktmc.com. DEFENDANTS’ ALLEGED MISCONDUCT: The complaint alleges that, throughout the Class Period, Defendants provided investors with false and/or materially misleading information regarding Five Below’s financial strength and operations, including its outlook for the first quarter and full year 2024. THE LEAD PLAINTIFF PROCESS: Five Below investors may, no later than September 30, 2024, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff. Kessler Topaz Meltzer & Check, LLP encourages Five Below investors who have suffered significant losses to contact the firm directly to acquire more information. CLICK HERE TO SIGN UP FOR THE CASE OR GO TO: https://www.ktmc.com/new-cases/five-below-inc?utm_source=PR&utm_medium=link&utm_campaign=five&mktm=r ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP: Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country and around the world. The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com. CONTACT: Kessler Topaz Meltzer & Check, LLP Jonathan Naji, Esq. (484) 270-1453 280 King of Prussia Road Radnor, PA 19087 info@ktmc.com May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes. Contact Details Kessler Topaz Meltzer & Check, LLP Jonathan Naji, Esq. +1 484-270-1453 info@ktmc.com

August 16, 2024 03:59 PM Eastern Daylight Time

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BDDAI Youth Manager Rajesh Vaidya Opens New Office in Bergen, Norway, and Successfully Organizes Core Team In-Person Meeting

Rev Up Marketers

BDDAI is pleased to announce that Youth Manager Rajesh Vaidya has successfully opened a new BDDAI office in Bergen, Norway, and swiftly organized an in-person meeting with core team members shortly after the office's establishment. This achievement not only marks a significant milestone in BDDAI's global expansion but also highlights the remarkable success Rajesh Vaidya has achieved through his relentless efforts and dedication. Strategic Significance of the Office Opening With unwavering belief and tireless effort, Rajesh Vaidya successfully established the BDDAI office in Bergen and obtained legal authorization. This accomplishment lays a solid foundation for BDDAI's expansion in the Nordic market and provides a more convenient and localized service platform for local users. Rajesh Vaidya stated, "If you take action and persist, you will always be rewarded with glory!" The establishment of the new office will further drive BDDAI's development in Norway and the surrounding regions by offering professional quantitative trading services and technical support, helping more users achieve wealth growth. Through our local office, we aim to cultivate a community of BDDAI enthusiasts and provide individuals with opportunities for interaction. We believe that with sustained passion and integrity, we can inspire others to share and connect with each other. Advantages of the First-Generation Member Program In BDDAI 's development strategy, the First-Generation Member (A) Program is considered key to team building. Rajesh Vaidya particularly emphasized the importance of increasing first-generation members: "The more first-generation members there are, the more people will join the team." He explained that inviting first-generation members not only brings substantial commissions but also forms a solid and rapidly expanding team network. Specific advantages of the First-Generation Member Program include: Expanding the Team Network: First-generation members (A) are the cornerstone of team development. Their joining will drive the recruitment of more second-generation members (B) and third-generation members (C), creating a stable and continuously expanding team structure. Increasing Earnings: The growth of first-generation members will directly impact your team earnings. Increasing the number of first-generation members means more commission and income opportunities. Enhancing Team Cohesion: A strong first-generation member team will enhance the cohesion and combat effectiveness of the entire team, promoting internal cooperation and support. Successful Organization of Core Team In-Person Meeting After the new office was established, Rajesh Vaidya swiftly organized an in-person meeting with core team members. This meeting was an important step in BDDAI's strategic development, aiming to strengthen the cohesion and execution of the core team. Rajesh engaged in in-depth discussions with the core team members about BDDAI's vision, development strategy, and how to achieve rapid team expansion through the First-Generation Member Program. He emphasized the importance of teamwork and how to leverage BDDAI's platform resources to achieve a win-win situation for both individuals and the team. Through this meeting, the core team members gained a clearer understanding of BDDAI's development goals, and the morale and confidence of the entire team were significantly boosted. Company Overview BDDAI is a leading international intelligent quantitative trading platform, founded in 2013 and headquartered in the United States, with a global business reach. The company uses advanced digital models and trading strategies to provide one-click automated trading services, helping users achieve low buy-high sell, and earn exchange rate differences. BDDAI has achieved significant success in technology and global expansion and is committed to providing an excellent trading experience for users worldwide. Call for Sharing and Cooperation Rajesh Vaidya emphasized that sharing is a virtue. Share good things with family, relatives, friends, acquaintances, colleagues, and the public. Let everyone experience the bonds of family, friendship, happiness, and gains through sharing. Good things are not just about food and drink; sharing these things only brings temporary joy. However, sharing how to make money will benefit people in the long run. Let us work together to make BDDAI a place of mutual support and love for sharing. Contact Details BDDAI Rafferty Cole admin@xbddai.com Company Website https://xbddai.com/

August 16, 2024 02:03 PM Eastern Daylight Time

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BTTC Acclaimed by Cointelegraph and CryptoRank for Ecosystem Innovation

BitTorrent Chain

Singapore - August 16, 2024 - Recent reports from both Cointelegraph and CryptoRank have shed light on BitTorrent Chain (BTTC) and its integral role within the BitTorrent ecosystem. These analyses highlight BTTC's innovations, its pivotal contributions to various BitTorrent products, and its evolving position in the broader blockchain landscape. BTTC stands as a cornerstone of the BitTorrent ecosystem, supporting the original BitTorrent torrent tracker, the Bittorrent Filesystem (BTFS), and the DLive streaming platform. Its role extends beyond mere infrastructure; it operates as a cross-chain multi-layer protocol that ensures seamless asset interoperability across Ethereum, TRON, and BNB Chain. This capability distinguishes BTTC from traditional single-chain solutions, offering a scalable, high-throughput platform that addresses critical challenges in blockchain scalability and integration. The recent Cointelegraph report titled “BitTorrent Chain's Bridging Breakthroughs in H1 2024: Unlocking Tron's Potential” underscores BTTC's architectural prowess, featuring a multi-chain proof-of-stake (PoS) model and EVM-compatible side-chains derived from Tendermint software. This setup enables BTTC to achieve high throughput, low block times, and minimal transaction costs. The platform's sophisticated bridging mechanism, which includes a classic lock-and-mint model, facilitates asset transfers across TRON, Ethereum, and BNB Chain, with support for over 75 token mappings. Additionally, relayer services enhance the user experience by providing faster withdrawals and reducing transaction fees. CryptoRank's report named “State of BitTorrent Chain H1 2024” complements this by detailing the extensive utility of the $BTT token. Beyond its use for gas fees, $BTT facilitates faster file distribution, rewards validators, supports BTFS storage payments, and serves various functions within the BitTorrent ecosystem, including as collateral on JustLend DAO and a perpetual asset on SUN.io. It even holds legal tender status in Dominica. Despite the shifting dynamics with the rise of cloud storage and streaming services, BitTorrent remains a significant player with over 170 million active users and substantial annual revenue. The first half of 2024 has been marked by several milestones for BTTC. According to CryptoRank, these include listings on major exchanges like Bitfinex, Mercado Bitcoin, and Bitci Borsa, an official partnership with HTX DAO, and integration with DEXTools. These achievements reflect BTTC's ongoing evolution and its capacity to adapt to emerging trends, such as decentralized physical infrastructure networks (DePIN) and potential Bitcoin integrations. Both reports highlight BTTC's strategic importance in enhancing blockchain interoperability and scaling solutions. The platform not only facilitates seamless transfers of mainstream assets across multiple blockchains but also serves as a robust foundation for Web3 applications. As BTTC continues to expand its ecosystem and integrate with new blockchain technologies, it is poised to play a critical role in shaping the future of blockchain scalability and cross-chain interactions. About BitTorrent Chain BitTorrent Chain (BTTC) is the world’s first heterogeneous cross-chain interoperability protocol, which adopts the PoS (Proof-of-Stake) mechanism and leverages sidechains for the scaling of smart contracts. It now enables interoperability with the public chains of Ethereum, TRON, and BNB Chain. Fully compatible with EVM, BitTorrent Chain facilitates the seamless transfer of assets across mainstream public chains. The governance token BTT, also known as BTTOLD on TRON Protocol was granted statutory status as authorized digital currency and medium of exchange in the Commonwealth of Dominica on October 7th 2022. Media Contact bttc_service@bittorrent.com Contact Details John Chen press@bittorrent.com

August 16, 2024 01:42 PM Eastern Daylight Time

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Blue Hat Interactive (BHAT) Emerges as a Disruptive Force in the Gold Market

Akchirpy

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) is making significant strides in the gold market, showcasing how a company with roots in entertainment can pivot and disrupt an entirely different industry. By leveraging technological innovations and forming strategic partnerships, Blue Hat is positioning itself as a leader in the evolving gold supply chain and trading ecosystem, with the potential to become a pivotal player alongside established giants like Newmont (NYSE: NEM), Barrick Gold (NYSE: GOLD), Agnico Eagle Mines (NYSE: AEM), and Kinross Gold (NYSE: KGC). A Holistic Approach in a Volatile (and Loved) Market The gold market has been heavily influenced by global economic and geopolitical factors. Central banks around the world have strategically increased their gold reserves to record levels, helping drive the precious metal’s value to new heights, peaking at over $2,483 per ounce in July 2024. Major miners like Newmont, Barrick, Agnico Eagle, and Kinross all find themselves in nice uptrends with the ascension in gold prices. Broadly speaking, gold has been cherished throughout history and across cultures for its unique combination of qualities. Its rarity and natural beauty have made it a symbol of wealth, power, and status, while its resistance to tarnish and corrosion has rendered it an enduring store of value. Gold’s malleability allows it to be shaped into intricate jewelry and artifacts, adding to its allure. Beyond its aesthetic appeal, gold has always played a crucial role in economics as a reliable medium of exchange and a hedge against inflation and financial instability. In a world of shifting currencies and economic uncertainties, gold remains a constant, universally recognized as a safe-haven asset, a timeless treasure that continues to hold its value and significance, generation after generation. Blue Hat’s innovative approach to the gold market sets it apart from traditional players. Unlike established mining juggernauts such as Newmont, Barrick Gold, Agnico Eagle Mines, and Kinross Gold, which generate revenue primarily through gold extraction and processing, Blue Hat is focusing on optimizing the entire lifecycle of gold. The company is leveraging its technological expertise to develop an intelligent gold supply chain and recycling system, encompassing everything from sourcing and recycling to trading and supply chain management. This holistic approach positions Blue Hat as a comprehensive service provider within the gold industry. Blue Hat is integrating Artificial Intelligence to enhance its offerings, including an intelligent gold supply chain and recycling system (earning the nickname “a virtual gold mining machine”), as well as a sophisticated gold derivatives trading platform, giving it multiple revenue channels. Bringing Gold to the Digital Age Headquartered in Hong Kong with operations in Shuibei, Shenzhen and Dubai, Blue Hat specializes in sourcing, refining, and trading high-quality gold. The company’s wholly-owned Hong Kong subsidiary, Golden Alpha Strategy Ltd., was recently granted Dealers in Precious Metals and Stones Category A Registration by Hong Kong Customs and Excise Department. This regulatory system, implemented by the Hong Kong government on April 1, 2023, aims to combat money laundering and terrorist financing activities, with only top-tier companies earning the important international license. Recently, Blue Hat announced a collaboration with Sichuan Jinyinghe Industrial Co., Ltd. (Jinyinghe) to establish a pioneering gold supply chain company. This partnership aims to integrate industrial resources with international financial capital to tackle some of the pressing challenges faced by the gold industry, particularly in China and other developing markets. By addressing issues such as low scale, narrow financing channels, poor operational standards, and a lack of credit data, Blue Hat and Jinyinghe are setting the stage for a transformation within the industry. One of the key components of Blue Hat’s strategy is its focus on digital trading solutions. These platforms allow traders to engage in the gold market without the need for physical storage or insurance, providing greater flexibility and the ability to capitalize on price movements efficiently. High liquidity on these platforms enables traders to swiftly enter and exit positions, contributing to the overall fluidity of the market—an advantage that could see Blue Hat profit in ways similar to the leading upstream players. Shuibei: China's Gold and Jewelry Epicenter The significance of the Shenzhen Shuibei market, where the collaboration with Jinyinghe is centered, cannot be overstated. Colloquially known as the "World's Gem City," Shuibei is a major hub for gold and jewelry trading in China, employing 70,000+ people with annual transaction volumes exceeding 1 trillion RMB. By aiming to capture more than 10% of this market within three years, Blue Hat and Jinyinghe are setting ambitious targets that, if achieved, could redefine the gold supply chain in China and generate sales of over ¥200,000,000,000 (200 billion Chinese Yuan Renminbi (RMB)). Shuibei has solidified its position as a global hub for the gold and jewelry trade. This bustling district houses thousands of businesses involved in every aspect of the industry, from manufacturing and wholesale to retail. Renowned for its vast selection of gold jewelry, gemstones, and precious metals, Shuibei attracts buyers from both domestic and international markets. The region's proximity to Hong Kong, a major financial center, has further enhanced its status as a global trading platform. While Shuibei is synonymous with gold, it's important to note that the district also caters to a broader spectrum of jewelry preferences, offering everything from traditional to contemporary designs. With its thriving market, skilled craftsmanship, and strategic location, Shuibei continues to be a driving force in the global jewelry industry, factors which bode well for Blue Hat scaling quickly and hit its sales target. Looking forward, Blue Hat aims to expand its influence in the global gold market by increasing its gold holdings, enhancing its supply chain operations, and refining its digital trading platform. These initiatives are part of the company’s broader strategy to establish itself as a leading "Smart Gold Trading Platform," targeting markets in Europe, North America, and beyond. A Savvy Foray Into the Land of Giants Blue Hat’s foray into the gold market is a testament to the company’s ability to innovate and disrupt traditional industries. By combining technological advancements with strategic partnerships, Blue Hat is not just participating in the gold market; it is reshaping it, creating new opportunities and setting new standards for how gold is traded and managed globally. Just as Newmont, Barrick Gold, Agnico Eagle Mines, and Kinross Gold have built their legacies through innovation and strategic growth, Blue Hat has the potential to carve out its own niche and become a significant player in the future of gold trade. Source: https://finance.yahoo.com/news/blue-hat-expands-gold-trading-123000332.html https://ir.bluehatgroup.com/about/ Disclaimer: This blog post is for informational purposes only and does not constitute financial advice or an endorsement of BHAT or its strategies. FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. 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August 16, 2024 01:05 PM Eastern Daylight Time

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