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Evolution and current state of global crypto adoption – Octa


KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 19 April 2024 – Every four years, the crypto world gets hyped for the Bitcoin halving. Past halvings, like the one of May 2020, saw a massive increase in BTC transactions, which was driven by growing adoption and community involvement. This trend benefited the crypto landscape across the board. The upcoming halving on 20 April 2024 is expected to trigger a similar surge in public interest and activity. In this article, the experts at Octa provide a brief overview of the evolution and current state of global crypto adoption.

Octa

What sets this halving apart is the increased institutional engagement since 2020, coupled with the integration of traditional financial products like ETFs. This, along with reduced block rewards and more Bitcoins held by long-term institutional investors, has sparked talk of a supply shock.

We can only know so much about the future of crypto. To gain better insights, though, we must understand the context—let’s talk about the current usage of Bitcoin and how we got here.

Evolution of crypto usage
Crypto started with Bitcoin in 2009. As it gained popularity, other cryptocurrencies, like Namecoin and Litecoin in 2011, came onto the market, each with unique features.

A major step forward happened in 2015 with Ethereum and smart contracts, opening the door for decentralised apps (dApps) and asset tokenisation. Yet, the ICO frenzy in 2017 also brought concerns about scams and regulations, which caused a downturn called Crypto Winter in 2018. This period led to a reassessment of blockchain projects and highlighted the need for practical applications.

In 2020, the landscape changed with the growth of decentralised finance (DeFi), which provided new financial services without traditional intermediaries. This led to the creation of platforms like MakerDAO, Compound, and Uniswap.

In 2021, there was a surge in non-fungible tokens (NFTs), which showcased blockchain’s potential in art, collectables, gaming, and entertainment. This trend caught mainstream attention. Notably, an NFT by Beeple sold for a record-breaking amount of $69 million.

With these changes, institutions like PayPal, Visa, and Tesla have increasingly embraced cryptocurrencies, and this was proof of a growing interest in digital assets. More companies started to accept crypto—Ralph Lauren, Microsoft, and airBaltic through direct online payments; Adidas, DoorDash, and Chevron through gift cards. Bitrefill has gone beyond retail, covering credit cards, utilities, loans, healthcare, mortgages, and more.

In 2022, FTX, a major crypto exchange, went bankrupt, casting doubt on the market. However, 2023 saw a strong recovery, with Bitcoin and Ethereum surging in value by over 160% and doubling, respectively. Investors like BlackRock and Fidelity boosted confidence, and the EU approved several crypto regulations.

Trends in crypto payments and fintech integration

Several key forces are shaping this new generation of payments.

1. Cross-border payments modernisation
Traditional cross-border payments tend to be slow and costly. Regulators are paving the way for modernisation, and PayTechs are leveraging digital assets, cryptocurrencies, and distributed ledger technology to improve clearing and settlement processes.

One notable sub-trend within this space is stablecoins. Cryptocurrencies pegged to stable assets like fiat currencies are gaining popularity for cross-border payments. The annualised value transferred in Q1 2024 stands at $6.8 trillion, which is close to the high seen in 2022 at around $7 trillion.

New projects are popping up all the time. In January 2024, Mastercard and Swoo partnered to give crypto cash back to boost mobile payments in Eastern Europe. Seventeen thousand users earned crypto rewards for the first time, which resulted in a 56% increase in credit card spending—an approach that could spread worldwide.

2. Improved brokerage services and wallet integration

Brokers are happy to welcome new users who are looking into embracing alternative payment methods. In a survey by Mastercard a few years back, a substantial number of people expressed interest in trying out new payment methods in the next year. Specifically, many were intrigued by the idea of using crypto for their transactions.

The data supports the survey results. For example, the number of daily Bitcoin transactions has increased from 276,185 a year ago to 473,328.

Cryptocurrency is becoming a preferred payment option beyond just trading on exchanges. Brokerage services like Octa are increasing the volume of such services. With this shift of focus, more people are using cryptocurrencies like Bitcoin, Ethereum, and Litecoin to make direct payments. As consumers and payment providers show bigger interest, the volume of payments also grows.

3. Central bank digital currencies (CBDCs)

BRICS nations (Brazil, Russia, India, China, and South Africa) are testing CBDCs. The Bahamas, Jamaica, and Nigeria have already launched theirs, and according to the International Monetary Fund, over 100 other countries are looking into CBDCs.

CBDCs are changing how finance works by including more people, improving rules, and making finance faster and better overall. Plus, they will reshape global monetary practices.

Regional dynamics in crypto adoption

Last year, Central and Southern Asia and Oceania were among the most dynamic cryptocurrency markets globally. In terms of transaction volume, they’re the third-largest market after North America and Central, Northern, and Western Europe and make up nearly 20% of global crypto activity.

India stands out in transaction volume, with $268.9 billion in crypto assets received during the period under review. Institutional and professional players are the main contributors to transaction volume across all regions.

The fact that lower-middle-income (LMI) countries like India, Nigeria, and Pakistan are sticking with cryptocurrencies is a good sign for crypto’s future. What makes LMI countries distinct is their large populations, accounting for 40% of the world’s—more than any other income group. If these countries represent the future, then crypto will play a major role in it.

As for institutional adoption, it is mainly driven by upper-middle and high-income economies like the USA, Brazil, Singapore, Malaysia, etc. In the US, for example, California lawmakers joined Wyoming and Arizona in proposing laws that would let citizens pay taxes with crypto. Adoption there continues to grow despite market fluctuations, which again indicates a positive outlook for crypto.

Challenges and opportunities
Since cryptocurrencies first emerged, there have always been concerns about ongoing risks.

  • Consumer protection and financial stability. The quick adoption of cryptocurrencies can worsen existing risks for consumers and financial stability. It may lead to currency mismatches, funding challenges, and solvency issues that affect individuals and financial institutions alike.
  • Regulatory ambiguity. Regulatory changes are happening, but in some geos, the pace isn’t fast enough to keep up with the rapid developments in these sectors. Technologies end up in a legal grey zone with unclear rules.
  • Cybersecurity concerns. Due to dependence on technology and networks, there are risks of cyber threats like hacking, fraud, and theft. Strengthened cybersecurity measures, effective risk management strategies, and clear regulatory frameworks are key to safeguarding users’ financial interests and data integrity.

As the masses have become more aware of these challenges, they’ve become less severe over time. Now, the world is at a stage where it can make the most of the provided opportunities.

  • Financial inclusion. Cryptocurrencies offer the unbanked a pathway to financial inclusion and access to fintech services that were previously unavailable.
  • Efficiency. Fintech and cryptocurrencies reduce costs and barriers to international money transfers. These are simpler and more cost-effective alternatives to traditional methods.
  • Innovation and entrepreneurship. Fintech platforms create new avenues for financial activities like investing, trading, borrowing, and lending. With that comes innovation and entrepreneurship in the financial sector.

In a business context, there are still gaps in product offerings and their ease of use, but it’s just a matter of time before these gaps are filled.

With institutions and regular users increasingly involved, there’s a lot of anticipation for what’s ahead. They bring credibility and stability to Bitcoin, attracting more mainstream interest. Halving is a key part of Bitcoin’s growth, but so is the ongoing development of technology and regulatory frameworks. Also, with market dynamics and user behaviour in the mix, a lot of factors will collectively shape the future trajectory of crypto.

It seems that Bitcoin will continue to mature and gain acceptance. As its role in the financial landscape becomes more pronounced, prepare for it to influence not just individual investors but also institutions and governments worldwide.

Hashtag: #Octa

The issuer is solely responsible for the content of this announcement.

Octa

is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services already utilised by clients from 180 countries with more than 42 million trading accounts. Free educational webinars, articles, and analytical tools they provide help clients reach their investment goals.

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

Octa has also won more than 70 awards since its foundation, including the ‘Best Educational Broker 2023’ award from Global Forex Awards and the ‘Best Global Broker Asia 2022’ award from International Business Magazine.

Qmiax Exchange: Shaping a New Future of Secure and Compliant Cryptocurrency Trading


NEW YORK, US – Media OutReach Newswire – 19 April 2024 – Qmiax Exchange recently achieved a significant milestone by passing audits for Money Services Business licenses in both the United States and Canada. This not only showcases the commitment of Qmiax to regulatory compliance but also underscores its strategic expansion of the platform into the global market.

In the fast-changing cryptocurrency trading landscape, security and compliance are top priorities for stakeholders. Qmiax, with its strategic position and advanced technology, leads in advocating for upgraded industry standards in compliance and security.

Qmiax is dedicated to user-centric services, ensuring a seamless trading experience through a comprehensive workflow that includes products, technology, and customer support. With top talents from leading financial technology firms, Qmiax aims for a Web3 native experience, integrating advanced security and innovative technologies into user interactions.

Beyond meeting market expectations for efficient transaction processing and liquidity, Qmiax is actively expanding its global influence through strategic partnerships within the industry. This strategic approach not only demonstrates the advanced security protocols of the platform but also highlights its professional standards in maintaining a secure trading environment.

The commitment of Qmiax to security and compliance is further evident through its rigorous security audits, continuous monitoring efforts, and collaborations with over-the-counter trading service providers. These initiatives collectively contribute to creating a secure and compliant ecosystem for users, ensuring the safety of their assets and transactions.

As the cryptocurrency asset trading market continues to evolve and global regulatory frameworks undergo enhancements, Qmiax remains at the forefront by implementing industry-leading security protocols, stringent risk management standards, and comprehensive API trading support. These measures are designed to offer users a secure, reliable, and efficient trading environment.

In addition to its technical capabilities, Qmiax prioritizes community building and support, evident through its robust user communities and strategic partnerships with industry experts. Market strategies focusing on user growth, product differentiation, and collaborations further strengthen the market position and brand recognition of the platform.

The journey of Qmiax reflects an unwavering commitment to security and compliance, from obtaining MSB licenses to providing a secure bridge for users in the digital finance realm. These efforts not only contribute to the growth of the platform but also make significant contributions to advancing the cryptocurrency industry as a whole.

Hashtag: #QmiaxExchange

The issuer is solely responsible for the content of this announcement.

Qmiax Exchange Drives Global Cryptocurrency Compliance Process


NEW YORK, US – Media OutReach Newswire – 19 April 2024 – The Financial Crimes Enforcement Network under the U.S. Department of the Treasury recently unveiled a Notice of Proposed Rulemaking, signaling a tightening of regulations around cryptocurrency trading. Against this backdrop, Qmiax Exchange made waves by securing the Money Services Business license from FinCEN, marking a crucial stride towards elevated regulatory compliance in the cryptocurrency exchange area.

Regulatory compliance for cryptocurrency exchanges is a key focus globally, driven by the growing popularity of cryptocurrency trading and increasing investor numbers. Security, transparency, and compliance are crucial for industry progress, highlighted by Qmiax obtaining the FinCEN MSB license, aligning with strict U.S. AML and CFT regulations.

Qmiax has demonstrated a combination of innovation and security by using advanced technologies and strong compliance protocols. This has strengthened its security, improved transparency, and made services more efficient, ensuring the safety of user assets and information. The proactive engagement of Qmiax with regulators and adaptability to changing regulations highlight its leadership in the industry.

This milestone achieved by Qmiax carries broader implications for the cryptocurrency sector. It showcases that amidst stringent regulatory frameworks, exchanges can harmonize innovation with compliance, delivering high-quality services to users. The attainment of Qmiax of the U.S. MSB license sets a benchmark for heightened compliance standards across the industry, motivating other exchanges to elevate their compliance endeavors. This progress not only bridges the cryptocurrency market with traditional financial systems but also pushes the overall legitimacy and transparency of the sector.

As compliance emerges as a cornerstone for cryptocurrency exchange development, the success story of Qmiax underscores that staying abreast of regulatory demands not only mitigates operational risks but also enhances the reputation of an exchange, attracting a broader investor base. With global regulatory environments maturing and standardizing, the achievement of Qmiax is poised to inspire more exchanges to proactively enhance compliance efforts, fostering the long-term, orderly growth of the cryptocurrency market.

The attainment of Qmiax of the U.S. MSB license represents a crucial juncture, charting a course for the own evolution of the exchange while invigorating the compliance trajectory of the cryptocurrency industry. Looking ahead, as regulatory frameworks evolve and industry participants respond proactively, the cryptocurrency sector is poised to enter a new era marked by maturity, safety, and sustainable growth.

Hashtag: #Qmiax

The issuer is solely responsible for the content of this announcement.

NTT pioneers new Direct Liquid Cooling Technology and High Performance Computing (HPC) as-a-Service Solution in Hong Kong

Delivering an on-demand Infrastructure as-a-Service (IaaS) model, the new solution fast-tracks the deployment of high-density data centers to empower the adoption of leading high-performance technologies. Further strengthen Hong Kong’s role as an AI Innovation and FinTech Hub in the region.


HONG KONG SAR – Media OutReach Newswire – 19 April 2024 – NTT Com Asia Limited (“NTT”) today announced the launch of a new High Performance Computing (HPC) as-a-Service Solution in Hong Kong to help enterprises streamline and fast-track the deployment of high-density data centers to fuel the massive growth in compute-intensive workloads, further reinforcing Hong Kong’s role as an AI Innovation and FinTech Hub in the region. Developed in collaboration with Dell Technologies (NYSE: DELL), the solution brings together the capabilities of two key market players – combining NTT’s direct liquid cooling (DLC) enabled data center infrastructure and managed services with Dell advanced computing technology.

From left to right: Steven So, Senior Vice President, Data Center Hong Kong, NTT Com Asia; Alex Chan, Vice President, Enterprise and Digital Solutions, NTT Com Asia; Jackie Kwong, General Manager of Dell Technologies Hong Kong & Macau; Leo Tsou, Director of Systems Engineering of Dell Technologies.
From left to right: Steven So, Senior Vice President, Data Center Hong Kong, NTT Com Asia; Alex Chan, Vice President, Enterprise and Digital Solutions, NTT Com Asia; Jackie Kwong, General Manager of Dell Technologies Hong Kong & Macau; Leo Tsou, Director of Systems Engineering of Dell Technologies.

The new solution delivers HPC resources to support customers with end-to-end deployment – from co-location, infrastructure hosting, and computing servers to managed services. Available on a flexible as-a-service commercial model, customers can enjoy fast deployment of high-performance computing of more than 50 kW within NTT Financial Data Center and Taipo Data Center in Hong Kong[1].

“We are seeing a rapid take-up of AI and emerging technologies at scale across businesses in Hong Kong and Asia, which poses new challenges to traditional IT infrastructure.” Alex Chan, Vice President, Enterprise and Digital Solutions, NTT Com Asia said. “Alongside Dell Technologies, we’re offering enterprise customers a turnkey solution that allows them to scale up their IT infrastructure quickly and cost-efficiently with end-to-end deployment to ease operational hassle.”

Findings from an industry report indicate a surge in demand for data centers, substantially fuelled by the wave of generative AI and the need for more data processing capacity. Cushman & Wakefield predicts that the demand in Southeast Asia and North Asia (including Hong Kong) will grow by over 25% per year through 2028[2]. Despite the growth, increasing power consumption and cooling capabilities of data centers remain key challenges for enterprise deployment.

“At Dell Technologies, we are dedicated to empowering organizations to generate faster, smarter outcomes with our cutting-edge, smart cooling technology.” Jackie Kwong, General Manager of Hong Kong and Macau, Dell Technologies said. “We deliver energy-efficient infrastructure to help customers enhance server performance and cooling capabilities in data centers.”

“We are proud to be working with Dell Technologies to offer this new solution for all our customers. At NTT, we pride ourselves for the state-of-the-art data center infrastructure and the reliability we bring to our customers. The collaboration makes NTT data center in Hong Kong an ideal location to support the demanding processor-intensive deployments that are fast-becoming vital to the transformation of modern enterprises in the AI era.” Steven So, Senior Vice President, Data Center Hong Kong, NTT Com Asia said.

More information available at: Power Innovations with Direct Liquid Cooling | NTT Hong Kong


[1] Based on NTT’s testing result of NTT Financial Data Centre (January 2024)

Hashtag: #NTT

The issuer is solely responsible for the content of this announcement.

About NTT Com Asia Limited

As part of NTT Group, a world-class leader in telecommunications and ICT services, NTT Com Asia Limited (“NTT”) is dedicated to delivering the best ICT infrastructure and disruptive technologies with the vision to enable a smarter world.

Riding on the leading enterprise mobile technology from docomo business in Japan, we are bringing cutting-edge and ready-to-market IoT, AI and other digital solutions to support enterprises to develop a mobile-first strategy in their digitalization journey. For more information, please visit: .

The International Exhibition of Inventions in Geneva Reveals More than 40 Scientific and Technological Innovation Achievements from Hong Kong

Hong Kong Innovation and Invention Exhibition participates in the 49th International Exhibition of Inventions in Geneva, Switzerland for the first time


HONG KONG SAR – Media OutReach Newswire – 19 April 2024 – The Hong Kong Innovation and Invention Exhibition led by the Hong Kong Exporters’ Association, brought around 30 local innovation and technology enterprises to make their first appearance on the global stage at the prestigious 49th International Exhibition of Inventions in Geneva, Switzerland, from April 17 to 21 Central European Time. The Exhibition will showcase over 40 cutting-edge inventions and technologies from Hong Kong.

The Hong Kong Innovation and Invention Exhibition, a program of the Hong Kong Exporters Association, showcases Hong Kong's innovation and technology potential to the world From left: Claude Membrez, CEO of Palexpo; HKEA Honorary Advisor, IR. Andrew Young; Caroline Simonet, Director of IEIG; HKEA Chairman, Eric Sun; David Taji, President of the Jury, IEIG
The Hong Kong Innovation and Invention Exhibition, a program of the Hong Kong Exporters Association, showcases Hong Kong’s innovation and technology potential to the world
From left: Claude Membrez, CEO of Palexpo; HKEA Honorary Advisor, IR. Andrew Young; Caroline Simonet, Director of IEIG; HKEA Chairman, Eric Sun; David Taji, President of the Jury, IEIG

The “Hong Kong Innovation and Invention Exhibition” project exhibition area is located at Booth B61 in Hall 1, covering 80 square meters. The Hong Kong Exporters’ Association organizes the project and is sponsored by the Innovation and Technology Commission. It aims to provide the local innovation and technology industry free international exchange opportunities, bring Hong Kong innovation and technology products onto the global stage, and promote Hong Kong’s innovation and technology stories to the world.

The “Hong Kong Innovation and Invention Exhibition” showcases Hong Kong innovations and inventions covering five major categories: smart city, smart home and life, innovative finance, health technology and pharmaceuticals, intelligent transportation, and intelligent industry. The innovation and technology products on display include:

Smart City: In Hong Kong, the elderly population reached 1.57 million in 2023. The number is projected to further increase to a daunting 2.74 million in 2046, accounting for approximately 33.5% of Hong Kong’s total population. SINOVATED TECHNOLOGY’s one-stop intelligent monitoring system for eldercare centers, “SAFERIN,” integrates three core functions of health risk assessment, safety monitoring, and workforce management in institutions. It assists the nursing staff’s workload and care pressure, eases the workforce needs of eldercare centers, and enhances institutions’ service quality and operational efficiency.

Watch the video to learn how SAFERIN AI-powered intelligence system works:
https://drive.google.com/file/d/1wVZDOJpPoVHXvyW_W6X–h4-lLu2G72Y/view

Smart home and life: GREEN DAY INC’s carbon dioxide recovery and resource regeneration device, CIONEX, can convert carbon dioxide into carbon storage materials or algae cultivation, achieving circular utilization.
Innovative Finance: The ETBadge, which Eternal Technology invented, adopts blockchain technology, which allows learners to present reliable and authentic academic and professional skills certifications to potential employers. The properties of blockchain make such certifications challenging to tamper with and counterfeit, and their authenticity is independent of verification by a central institution.

Watch the video to learn how ETBadge works:
https://www.youtube.com/watch?v=f2DyJ0Ma5NE&t=27s

Health Technology and Pharmaceuticals: Gense Technologies’ portable health screening device, Mediscan, can be used for preventive screening and at-home monitoring of chronic diseases, focusing on the liver, lungs, kidneys, and other areas. It is suitable for home use, eldercare services, and clinics.
Intelligent transportation: The electronic lock developed by the Logistics and Supply Chain MultiTech R&D Centre can help reduce the need for customs officers in two places to repeatedly inspect the same batch of goods, improving cross-border customs clearance efficiency.

The electronic lock has been used since 2016 at 63 customs clearance points in Guangdong Province and Hunan Province in mainland China, together with 13 clearance points in Hong Kong, assisting mainland and Hong Kong Customs in implementing the “One Lock Across Borders” initiative.

Intelligent industry: Shanghai Leading Technology’s microwave plasma chemical vapor deposition system is an advanced material preparation equipment used to grow large-sized, high-quality films, coatings, or crystals in semiconductor manufacturing, optoelectronics, coating preparation, and optical coatings. Applications such as diamond growth play a key role.

Eric Sun, Chairman of Hong Kong Exporters’ Association, said, “Hong Kong’s technology companies have developed innovative solutions with global potential. The Hong Kong Exporters’ Association and the Innovation and Technology Commission are showcasing 43 Hong Kong innovations at the International Exhibition of Inventions in Geneva. This renowned exhibition allows Hong Kong’s tech industry to engage with international leaders, aiding overseas market expansion and facilitating the sector’s internationalization.

Caroline Simonet, Director of the Geneva International Exhibition of Inventions, said, “The rapid pace of technological change continues to reshape the global business environment, transforming industries of all types. At this year’s exhibition, we witnessed Hong Kong’s dynamic spirit of invention on full display through the region’s innovators, who demonstrated creative solutions brimming with potential. Looking ahead, we aim to foster increased opportunities for international exchange and learning to elevate promising ideas from diverse origins to broader audiences. By facilitating open collaboration, all regions may share in the benefits of innovation as knowledge circulates more freely, driving progress for the benefit of people worldwide.”

Hashtag: #HongKongExportersAssociation

The issuer is solely responsible for the content of this announcement.

About “Hong Kong Innovation & Invention” (Project)

“Hong Kong Innovation & Invention” (Project), organized by the Hong Kong Exporters’ Association (HKEA) and sponsored by the Innovation and Technology Commission (ITC) of the Government of the Hong Kong Special Administrative Region, is an initiative dedicated to showcasing and promoting Hong Kong’s immense potential in innovation and technology (I&T) to a global audience. The Project aims to facilitate collaboration within the industry and cultivate a vibrant I&T culture among the general public.

For more details on the Project, visit .

About HKEA

Founded in May 1955, the Hong Kong Exporters’ Association (HKEA) is a non-profit making trade association registered under the Hong Kong Companies Ordinance. The Association’s mission is to develop Hong Kong as a trading hub for exporters, dedicating its efforts to serve and add value for the exporter community.

Disclaimer:
Any opinions, findings, conclusions or recommendations expressed in this material/event (or by members of the project team) do not reflect the views of the Government of the Hong Kong Special Administrative Region, the Innovation and Technology Commission or the Vetting Committee of the General Support Programme of the Innovation and Technology Fund.

HeeSay’s Eye-Catching ‘LivelyLaugh’ Campaign Brought New Interactive Experience To LGBTQ+ People


HANOI, VIETNAM – Media OutReach Newswire – 19 April 2024 – HeeSay, the LGBTQ+ online community, launched an eye-grabbing ‘LivelyLaugh’ campaign to celebrate Thailand’s annual water-splashing festival, Songkran.

In HeeSay’s offline booth set up during GCircuit, Asia’s largest gay-focused Songkran event, participants are encouraged to capture their laughter via instant cameras and post the photos on the bulletin board.

According to the Market Head of HeeSay Thailand, this ‘laughter-collecting’ event has garnered the attention of over 1,000 audiences every day. By April 15, about 4,500 people have attended this activity on the spot.

“Under the ‘LivelyLaugh’ campaign, we look to enhance the connection among LGBTQ+ people and encourage them to showcase and express themselves more bravely. This event not only tallies with Thailand’s well-known title as ‘the Land of Smiles’, but also fits what HeeSay’s slogan ‘Live, Love and Laugh Together’ has been delivering.” the Market Head of HeeSay Thailand added.

It’s noteworthy that HeeSay, as the only LGBTQ+ social app partner of GCircuit, also rolled out some other signature events during these days. Among them, the ‘360 Picture Booth’ captivated a bunch of audiences by offering them more immersive video-shooting experiences in a dynamic 360-degree view; participants stood on the platform as the camera rotated 360 degrees around them, and they could pose and laugh in any way they liked to let the camera record.

HeeSay’s presence in GCircuit has been deemed as the first public offline event in Thailand since its upgrade from the international version of Blued. As the brand officially debuted this January, HeeSay has been devoted to building a diversified and open-minded online content community to connect LGBTQ+ people worldwide and bring more interactive experiences by providing an array of social scenes like livestreaming, voice chat, posting and dating.

The Head of HeeSay said that this platform would continue to initiate a series of innovative offline activities that conform to its mission of sharing love and joy among Japan, South Korea, SEA, and North America markets to make more LGBTQ+ users acquire a sense of belonging and identity.

In the upcoming Tokyo Rainbow Pride 2024, one of Asia’s most significant LGBTQ+ events, HeeSay is reported to set up creative booths to celebrate the diversity of Japan’s LGBTQ+ community and engage more to join HeeSay’s efforts on co-building the sustainable content ecosystem.

Hashtag: #HeeSay

The issuer is solely responsible for the content of this announcement.

Petite Fleur Expands Its Floral Empire with the Launch of Petite Fleur Indonesia

SINGAPORE – Media OutReach Newswire – 19 April 2024 – Petite Fleur, a renowned florist in Singapore known for its exquisite arrangements and commitment to spreading joy through flowers, proudly announces the expansion of its operations with the launch of Petite Fleur Indonesia. This new venture of bringing Petite Fleur to a new market was motivated by a desire to share their unique floral arrangements with a broader audience with a love of fresh blooms.

Flower-deliver-singapore

“We are thrilled to extend our presence into Indonesia, bringing our passion for floral artistry to a new audience,” said Patricia Tanuwijaya, Founder and CEO of Petite Fleur. “With our carefully curated offerings and commitment to customer satisfaction, we look forward to forging lasting connections and creating memorable experiences for customers across borders.”

Market opportunity and strategy
Petite Fleur’s decision to expand into Indonesia is backed by extensive market research, which identified an opportunity for same-day fresh and premium flower delivery services in Jakarta. Petite Fleur is capitalising on the city’s vibrant atmosphere, dynamic lifestyle, and fertile ground for growth with a comprehensive market entry strategy that includes establishing a robust logistics network to ensure swift deliveries across Jakarta and its surroundings.
Curated floral offerings
Understanding the importance of cultural nuances and local preferences, Petite Fleur Indonesia takes a bespoke approach to its product offerings to delight customers. Rather than replicating its entire Singapore collection, the company’s founder personally handpicked popular floral varieties to be featured on the new website, ensuring a customised experience for Indonesian customers.
Special promotions
To commemorate the occasion, Petite Fleur Indonesia is rolling out a special promotion, offering a 15% discount to first-time buyers (Enter code “PFID15OFF” during checkout). This initiative not only extends the reach of the company’s floral offerings but also fosters a sense of celebration among its clients
Long-term vision
Petite Fleur Indonesia is committed to becoming the leading florist in the vast Asia Pacific region, driven by its core mission of creating timeless memories and spreading joy. Through meticulous attention to quality, innovation, and customer satisfaction, the company strives to set new standards of excellence in the global floral industry, and to forge lasting connections with discerning customers on an international scale.
In pursuit of this vision, Petite Fleur Indonesia actively seeks new partnerships and collaborations with strong local brands in Indonesia. Through these tie-ups, Petite Fleur aims to build brand awareness, foster trust, and strengthen brand affinity among Indonesian consumers, further solidifying its position as the preferred choice for premium floral services.

Hashtag: #floristsingapore #orderflowersonlinesingapore #flowerdeliveryinsingapore #floristindonesia #flowersindonesia #flowerdeliveryindonesia




The issuer is solely responsible for the content of this announcement.

Petite Fleur Singapore

Petite Fleur is a , renowned for its dedication to crafting enchanting and romantic bouquets. Each floral masterpiece is meticulously curated, reflecting a keen eye for detail, harmonious colour schemes, and innovative designs. With a commitment to using only the finest premium blooms, Petite Fleur ensures that its floral arrangements exude timeless beauty and vibrancy, adorning homes and spaces with enduring charm.
Motivated by a passion for conveying love and emotions through flowers, the team at Petite Fleur carefully handcrafts each bouquet, aiming to evoke sophistication and grace. These exquisite creations are bound to delight anyone who receives them.

VT Markets Releases Study on Upcoming Bitcoin Halving and Market Implications


HONG KONG SAR – Media OutReach Newswire – 19 April 2024 – VT Markets, a globally recognized broker for Contracts for Difference (CFDs), has released a comprehensive study on the upcoming Bitcoin halving scheduled for April 20th. The halving event, which will see Bitcoin block rewards decrease from 6.25 BTC to 3.125 BTC once the network reaches a block height of 840,000, is expected to have significant implications for the cryptocurrency market.

The study by VT Markets highlights the historical context of Bitcoin price movements in relation to previous halvings. Each cycle saw the cryptocurrency reaching new price highs, driven by various global economic catalysts. The report explores the potential outcomes of the 2024 halving and its coinciding milestone events, including the successful listing of a Bitcoin spot ETF.

“Bitcoin’s integration into the mainstream financial market through the recent spot ETF listing marks a pivotal moment. This not only enhances its liquidity but potentially broadens its investor base,” stated a VT Markets spokesperson. The spot ETF’s successful debut has already shown impressive trading volumes, nearing $10 billion within the first three days of its launch, indicating strong market interest.

The study further discusses the strategic investment approaches in the context of the halving. With rising Bitcoin prices and consequent cost pressures on investor funds, VT Markets underscores the viability of using CFDs. This financial instrument allows investors to engage with the market by paying just a fraction of the asset’s price as margin, significantly lowering entry barriers and trading costs.

“Contracts for Difference can serve as an efficient tool for investors looking to capitalize on Bitcoin’s potential without the substantial capital outlay typically required for direct purchases,” added the spokesperson.

Hashtag: #VTMarkets #Bitcoin #Bitcoinhavling #BitcoinETF #CFDs #BTC #CFDbrokers




The issuer is solely responsible for the content of this announcement.

About VT Markets

VT Markets is one of the leading global providers of Contracts for Difference (CFDs). Regulated by top-tier authorities such as the Australian Securities and Investments Commission (ASIC), VT Markets is dedicated to delivering high-security, transparent, and intelligent trading platforms to traders worldwide. The firm offers over 1000 product options, backed by a robust management system, ultra-low spreads, and a transparent fee structure.

For more information about VT Markets and its services, please visit the official website at .