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Wooden Snake and crypto market prospects from global broker Octa

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 29 January 2025 – This week, China and the world are celebrating the arrival of the Year of the Wood Snake. According to Chinese tradition, the snake represents intelligence and transformation, often symbolizing mystery and wisdom. Wood adds the qualities of growth and flexibility. An analysis provided by global broker Octa highlights how these attributes align with current trends in the cryptocurrency market. Perfect timing! Today, these qualities are more relevant than ever to the cryptocurrency market.

Octa

In 2025, popular cryptocurrencies show different dynamics: Bitcoin is up 8%, Ethereum is down 6% as of 27 January 2025, despite uncertain regulatory developments. U.S. President Donald Trump signed an executive order significantly revamping the national cryptocurrency policy. The order established a dedicated cryptocurrency working group to propose new regulations, safeguarded banking services for crypto companies, and prohibited the creation of a competing U.S. central bank digital currency. Additionally, it repealed burdensome accounting guidelines that had previously stifled digital asset adoption—a notable victory for the crypto industry. However, some investors remain sceptical, showing limited enthusiasm despite these advancements. The cryptocurrency market is seeing a sharp decline on Monday, 27 January, with Bitcoin dropping below $100,000 to an 11-day low. This downturn is largely driven by a significant selloff in the technology sector, which has sparked a broader risk-off sentiment among investors. As cryptocurrencies are often considered high-risk assets, this shift in market mood has weighed heavily on their performance.

Additionally, caution surrounding the Federal Reserve’s upcoming meeting is adding to the pressure. Investors anxiously await decisions on interest rates, with concerns that the Fed may keep rates elevated for a prolonged period. This uncertainty about monetary policy has heightened market unease, further contributing to the decline in cryptocurrency valuations.

ETHUSD, 1-week timeframe chart
ETHUSD, 1-week timeframe chart

Therefore, the snake pattern and consolidation of ETHUSD that has formed in recent months may be replaced by a sharp move, after the adoption of new regulations or clear signals on the Fed Funds rate.

Hashtag: #Octa

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

Octa

is an international CFD broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.

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.

In the APAC region, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine.

Pakistan’s Youth Set to Shape the Future at CAYA 2025

ISLAMABAD, Pakistan, Jan. 29, 2025 /PRNewswire/ — A press release from Ministry of Information & Broadcasting (MOIB), Pakistan: 

CAYA YOUTH SUMMIT 2025
CAYA YOUTH SUMMIT 2025

Pakistan’s youth, constituting 70% of the population, represent the country’s most influential demographic. Recognizing this, the government under PM Shahbaz Sharif has emphasized youth empowerment as a cornerstone of national growth and development.

At the inauguration of the Commonwealth Asia Youth Alliance (CAYA) Summit 2025, the third National Youth Council (NYC) was sworn in, with PM Shahbaz Sharif leading the event. Guests and participants from 12 countries attended, underscoring the significance of youth development on a regional scale.

Inclusive Representation for a Brighter Future
The NYC’s new batch of 113 members reflects Pakistan’s commitment to inclusivity and diversity. Hailing from 41 cities, including Azad Kashmir, Gilgit-Baltistan, and tribal areas, the council comprises 49 boys, 49 girls, two transgender individuals, and 13 diaspora members. This broad representation ensures the council can address the varied challenges faced by Pakistan’s youth.

As an advisory body to the Prime Minister, the NYC aims to prioritize issues like education, entrepreneurship, fair job opportunities, and technological advancement. By giving young leaders a platform, the council will help shape policies that align with the aspirations of the country’s next generation. 

Spark: Amplifying Youth Voices
A highlight of the summit was the launch of Spark, a quarterly magazine edited by Ishrat Saleem and produced by university students. The publication aims to celebrate young achievers in fields such as technology, arts, and social entrepreneurship. Its inaugural cover features Naila Kiyani, the first Pakistani woman to summit 11 peaks over 8,000 meters. 

“This magazine will showcase the incredible talents and accomplishments of Pakistan’s youth,” said Rana Mashood Ahmed Khan, the Chairman of the Prime Minister’s Youth Programme. Spark aspires to inspire others, fostering a culture of innovation and resilience among the youth.

A Progressive Path Forward
Initiatives like the NYC and Spark are paving the way for a new era where Pakistan’s youth play a central role in shaping the nation’s policies and future. By empowering young leaders, the country is not only addressing pressing issues but also unlocking its vast potential for global innovation and progress.

When equipped with tools for success, Pakistan’s youth won’t just shape their own destinies but also redefine the country’s global narrative—ushering in a more inclusive and progressive society.

GLMC Unveils Global Labor Charter to Tackle Key Workforce Challenges

The Global Labor Charter outlines a vision to enhance labor market flexibility, tackle youth unemployment, and ensure sustainable, inclusive growth.

RIYADH, Saudi Arabia, Jan. 29, 2025 /PRNewswire/ — The second edition of the Global Labor Market Conference kicked off with the highly anticipated ministerial roundtable, chaired by His Excellency the Minister of Human Resources and Social Development, Eng. Ahmed bin Sulaiman Al Rajhi. Bringing together over 40 labor ministers from G20 Countries, Europe, Asia, the Middle East, Africa, and the Americas, along with the Director General of the ILO Gilbert Houngbo. the high-level meeting hosted an impactful dialogue on pressing labor market challenges and opportunities.

GLMC Unveils Global Labor Charter to Tackle Key Workforce Challenges
GLMC Unveils Global Labor Charter to Tackle Key Workforce Challenges

In his opening speech, the Minister warmly welcomed the international labor ministers to Riyadh, highlighting the Kingdom’s commitment to leading the global dialogue on the future of labor markets through this conference. He emphasized that the event serves as a strategic platform to foster international collaboration and develop innovative solutions to address labor market challenges while ensuring their sustainability amidst rapid technological advancements.

His Excellency concluded by urging Ministers from around the world to leverage the roundtable as a dynamic platform for exchanging insights and experiences, addressing the challenges facing labor markets, and showcasing notable achievements. He stressed that joint action and the exchange of ideas among nations have the potential to drive significant transformation, empowering and supporting young people while building a more inclusive and sustainable future for all.

The meeting fostered an exchange of ideas and experiences, with the ministers reviewing key trends and pressing challenges in the labor market. These discussions laid a solid groundwork for crafting practical strategies to support future transformations and strengthen the sustainability of labor markets.

At the conclusion of the meeting, the Global Labor Charter was unveiled, offering a comprehensive vision to enhance the flexibility, inclusiveness, and sustainability of labor markets around the world. The charter addresses pressing challenges such as youth unemployment, technological advancements, and workforce adaptability in an evolving global economy.

Key actions outlined in the charter include facilitating youth transitions from education to employment, equipping the workforce for the AI-driven era, and investing in human capital through skilling and reskilling initiatives. It also emphasizes enhancing labor market flexibility to accommodate diverse forms of work, such as remote and part-time opportunities, while supporting job creation and the growth of SMEs.

Furthermore, the charter highlights the need to promote employment for marginalized groups, such as people with disabilities and the long-term unemployed. It advocates for the creation of a comprehensive labor market data system to track employment trends, skills, wages, and workforce demographics, ensuring informed and sustainable market transformations.

The Global Labor Market Conference serves as a premier global platform, uniting governments, international institutions, the private sector, and experts to shape the future of labor markets. It provides a space to anticipate upcoming transformations, propose practical solutions to current challenges, and share strategic visions that advance the sustainability and growth of labor markets on both local and international levels.

 

TraceLink Named a Top 10 Pharma and Life Sciences Technology Solution Provider by CIOTechOutlook

BOSTON, Jan. 29, 2025 /PRNewswire/ — TraceLink, the largest end-to-end digital network platform for intelligent orchestration of the supply chain, has been recognized by CIOTechOutlook as one of the Top 10 Pharma and Life Sciences Technology Solution Providers. This accolade highlights TraceLink’s significant role in driving the digital transformation of pharmaceutical supply chains and enhancing patient safety worldwide.

With OPUS, the Orchestration Platform for Universal Solutions, TraceLink is redefining how Life Sciences and Healthcare companies approach end-to-end supply chain digitalization. Supply chains face challenges like inaccurate forecasting, poor inventory management, delayed deliveries, and limited visibility, worsened by fragmented systems, compliance demands, and evolving commerce. As the only no-code network digitalization platform designed to democratize access to end-to-end supply chain integration and orchestration, OPUS empowers supply chain leaders to achieve radical business benefits such as lower out-of-stock, freeing up working capital, and improved operational efficiency.

“This recognition reflects the progress we’re making in transforming supply chains into dynamic, patient-focused ecosystems,” said Shabbir Dahod, President and CEO of TraceLink. “For CIOs, our platform is a game-changer, simplifying the complexities of global supply chains by enhancing compliance, collaboration, and operational efficiency. Real-time data fuels AI/ML models, and by enabling companies to create clean, real-time data sets, we empower them to innovate, protect patient well-being, and achieve impactful business results.”

CIOTechOutlook recently sat down with CEO Shabbir Dahod to gain insights from his two-decade career and hear his perspectives on the future of global supply chains. In the interview, Dahod shares his vision for how advancements in digital networks, predictive analytics, and AI-powered orchestration are set to revolutionize the industry, enabling unprecedented levels of collaboration and transparency. The full interview can be read here.

TraceLink anticipates further innovation in the coming year, including the release of AI-powered supply chain orchestration agents which will accelerate customers’ business performance using the growing volume of real-time, end-to-end supply chain transactions and track-and-trace orchestration data flowing through the TraceLink Network.

“TraceLink’s solutions are empowering given the complex nature of global pharmaceutical supply chains,” said Sudhakar Singh, Editor, CIOTechOutlook. “Its solutions ensure a smooth collaboration between the stakeholders like manufacturers, distributors, and healthcare providers. The connectivity makes it easier to conduct business more coherently even as the supply chain challenges evolve.”

About TraceLink:
TraceLink Inc. is the largest end-to-end intelligent supply chain platform for life sciences and healthcare, enabling end-to-end orchestration by connecting more than 291,000 healthcare and life sciences entities through its B2N Integrate-Once™ network. Leading businesses trust TraceLink to deliver complete global connectivity, visibility, and traceability of healthcare products, ensuring that every patient gets the medicines they need when needed, safely and securely.

About CIOTechOutlook:
CIOTechOutlook is one of the largest publications focusing on the IT industry, created specifically for Chief Information Officers (CIOs) and IT Heads. It is a forum for the luminaries of the industry to share their profound insights, viewpoints, and experiences in the fast-changing area of information technology with a wide audience of enterprise decision makers.

THE GREATER DES MOINES PARTNERSHIP ANNOUNCES 2025 STRATEGIC PRIORITIES, NEW CHAMBER AFFILIATE AND EXPANSION OF REGIONAL FOOTPRINT AT ANNUAL DINNER

GREATER DES MOINES, Iowa, Jan. 29, 2025 /PRNewswire/ — The Greater Des Moines Partnership unveiled its 2025 Strategic Priorities and shared its 2024 accomplishments at its Annual Dinner on Thursday, Jan. 23 at the Community Choice Credit Union Convention Center at the Iowa Events Center. During the event, The Partnership announced that it has expanded its regional footprint and added a new Affiliate Chamber.

The Perry Chamber of Commerce has joined as the newest Affiliate Chamber for The Partnership. Perry’s addition expands The Partnership’s Affiliate network to 6,700 Regional Members, now making it the third-largest regional chamber of commerce in the country. Clarke County Development Corporation has joined The Partnership, expanding the organization’s reach to represent 12 counties.

“Becoming an Affiliate Chamber of The Partnership is an exciting step for Perry,” said Lynsi Pasutti, Executive Director of the Perry Chamber of Commerce. “This collaboration opens new doors for our Members, connecting them to resources, networks and innovative ideas. We look forward to working even more closely with The Partnership and our fellow Affiliate Chambers to drive growth in Perry and the entire region.”

“We are excited to join The Partnership and be part of a collaborative effort that drives growth and opportunity across the region,” said Andrew B. Clark, Executive Director of the Clarke County Development Corporation. “Our mission aligns closely with The Partnership’s commitment to advancing economic development, supporting businesses and creating vibrant communities, and businesses and residents of Clarke County will benefit from being part of this network.”

The Partnership’s 2024 results demonstrated growth and increased momentum in Greater Des Moines (DSM). The Partnership announced its economic development work with state and local partners that resulted in 29 relocation and expansion projects and more than 100 project leads.

The Partnership also unveiled its 2024 Annual Report to highlight the prior year’s successes at the Annual Dinner. You can view the report by visiting The Partnership’s Call to Action page.

“Our community thrives because of the dedication and collaboration of leaders who step up to drive progress when it’s their time to serve,” said David Stark, Chief of Government Affairs & Philanthropy at UnityPoint Health and 2024 Greater Des Moines Partnership Board Chair. “Reflecting on this past year, my mantra to the Board was to ‘focus and finish,’ and I’m proud of what we accomplished together in hitting all of our goals.”

During the program, the Partnership 2025 Board Chair Miriam Erickson Brown, Chair and CEO of Anderson Erickson Dairy, unveiled the six Strategic Priorities for The Partnership in 2025.

The Partnership’s 2025 Strategic Priorities are:

  • Economic Development: Increase regional economic development project leads, expand pipeline of prospects, assist business location and expansions.
  • Workforce Readiness: Advance workforce readiness across DSM.
  • Quality of Life and Regional Community Integration: Enhance quality of life and placemaking through leading regional community integration, supporting Affiliate Chambers of Commerce, and enhancing the vibrancy of DSM by hosting marquee events and supporting placemaking projects.
  • Inclusive Economic Growth and Business Support: Advance inclusive economic growth and business support.
  • Media Relations and Storytelling: Amplify the DSM USA story loudly, boldly and broadly through media relations, website efforts and rural, urban and suburban strategic storytelling.
  • Investor Engagement: Enhance Investor engagement and secure new Investor contributions.

“Our 2025 strategic priorities reflect the input and vision of our Investors, Affiliates, Members and stakeholders from across the region,” Erickson Brown said. “As we move forward, I’m inspired by the opportunity to work together and build on the progress we’ve made. Together, we’ll work with uncompromising standards of excellence to create opportunities and drive innovation to ensure Greater Des Moines remains a top region.”

The Partnership also announced its Board of Directors and Executive Board. In addition to Erickson Brown’s role as Chair and Stark’s role as Past Chair, Chris Costa with Knapp Properties, Inc. and Dan Keough with Holmes Murphy will serve as Vice Chairs. Ro Crosbie with Tero International will serve as Secretary, and Sean Vicente with KPMG LLP will serve as Treasurer. See the full list of the 2025 Greater Des Moines Partnership Board of Directors and Executive Board.

Learn more about The Partnership’s 2025 Strategic Priorities here.

About the Greater Des Moines Partnership
The Greater Des Moines Partnership is the economic and community development organization that serves Greater Des Moines (DSM), Iowa. Together with more than 400 Investors and an Affiliate Chamber of Commerce network of more than 6,700 Regional Business Members, The Partnership drives economic growth with one voice, one mission and as one region. Through innovation, strategic planning and global collaboration, The Partnership grows opportunity, helps create jobs and promotes DSM as the best place to build a business, a career and a future. Learn more at DSMpartnership.com.

Contact:
Kyle Oppenhuizen
koppenhuizen@DSMpartnership.com
(515) 286-4972
Learn More About DSM USA

 

Temu Enhances Quality Assurance Through Partnerships with Leading Testing and Certification Providers

BOSTON, Jan. 29, 2025 /PRNewswire/ — Temu, a global e-commerce platform known for its commitment to quality and affordability, has significantly expanded its quality assurance program, increasing product testing through deepened collaborations with globally leading testing and compliance companies, including TÜV SÜD, TÜV Rheinland, SGS and Bureau Veritas.

Beginning operations in September 2022, Temu has gained popularity with consumers in 90 markets with its combination of quality and affordability. By deepening these partnerships, Temu aims to ensure the highest levels of product safety and compliance across its platform, reinforcing its dedication to consumer trust and safety.

“Consumer trust and safety are the cornerstones of our operations,” said a Temu spokesperson. “By partnering with esteemed organizations like TÜV SÜD, TÜV Rheinland, SGS and Bureau Veritas, we are taking proactive steps to ensure that all products on our platform meet rigorous international safety standards. These collaborations enhance our ability to deliver on our promise of quality and reliability.”

Through its partnerships with these globally recognized testing and certification providers, Temu is reinforcing its robust compliance framework.

Temu’s quality assurance system is multifaceted, encompassing:

  • Rigorous Seller Vetting: All sellers undergo stringent onboarding processes to verify their commitment to safety and quality.
  • Algorithmic and Manual Screening: Products are continuously monitored through advanced technology and manual checks.
  • Spot Checks and Enforcement: Regular inspections and swift actions, including product removal and penalties, ensure adherence to standards.
  •  Consumer Protection Measures: An effective notice-and-takedown process addresses potential violations swiftly and transparently.

About Temu

Temu is a global e-commerce platform connecting consumers with millions of manufacturers, brands, and business partners. Operating in 90 markets worldwide, Temu is committed to providing affordable, high-quality products that enable customers to live better lives. Founded in 2022, Temu’s mission is to create an inclusive environment where consumers and businesses can thrive.

Keypoint Intelligence’s Peter Mayhew to Share Industry Expertise at Remanexpo Academy During Ambiente 2025

FAIRFIELD, N.J., Jan. 29, 2025 /PRNewswire/ — Peter Mayhew, Principal Analyst at Keypoint Intelligence, will deliver two dynamic presentations at the Remanexpo Academy, part of Ambiente 2025 at Messe Frankfurt. With over 40 years of industry experience, Mayhew is a leading authority on inkjet technologies, supplies, market trends, and sustainability. At Keypoint Intelligence, he specializes in research, market forecasting, and consulting for the digital imaging sector.

Mayhew’s sessions, part of the Remanexpo Academy lecture series, are scheduled for February 7th at 13:50 and February 9th at 14:00. Titled “Trends and Drivers: Considering the Impact of AI and Sustainability on the Office Printing Market,” these tactical presentations will explore how Artificial Intelligence (AI), sustainability initiatives, and digital transformation are reshaping the industry. Attendees will gain practical strategies to address declining page volumes, navigate regulatory challenges, and uncover new opportunities for growth.

“AI and sustainability are driving profound change in our industry,” commented Mayhew. “These sessions will help businesses adapt to these shifts and thrive in the evolving landscape.”
Remanexpo, being held in the Congress Centre at Messe Frankfurt, is the premier platform for OEM, remanufactured, and non-OEM office printing products. The event champions reuse and innovation, featuring new products, cutting-edge services, and the Remanexpo Academy, which keeps you ahead of industry trends.

To register for Remanexpo or to learn more about the Remanexpo Academy click here.

About Keypoint Intelligence:
For more than 60 years, clients in the digital imaging industry have relied on Keypoint Intelligence for independent hands-on testing, lab data, and extensive market research to drive their product and sales success. Keypoint Intelligence has been recognized as the industry’s most trusted resource for unbiased information, analysis, and awards due to decades of analyst experience.

About Remanexpo:
Remanexpo 2025 is the ultimate event for office imaging and remanufacturing professionals, spotlighting the latest innovations, new products, and forward-thinking services that champion AI, sustainability and reuse. Taking place at Frankfurt’s Congress Centre from February 7 to 11, 2025, the event offers complimentary access to industry professionals, providing an unparalleled opportunity to stay ahead of trends through the Remanexpo Academy and other insightful sessions.

Launching FRIENDSHIP. DAO: A Revolutionary Global Music Ecosystem for Independent Artists

TOKYO, Jan. 29, 2025 /PRNewswire/ — FRIENDSHIP. DAO has officially launched as a next-generation blockchain-based platform, transforming how independent artists and their supporters collaborate within the global music ecosystem. By integrating cutting-edge blockchain technology with artist services, FRIENDSHIP. DAO creates a dynamic ecosystem that fosters creativity, collaboration, and financial transparency.

Empowering Artists Worldwide

FRIENDSHIP.serves as a comprehensive music service for independent artists across the globe. The platform currently offers digital distribution services, enabling artists to share their music in over 180 countries. Beyond distribution, FRIENDSHIP. DAO actively supports artists by promoting their tracks on major music platforms and featuring them across various media outlets and social networks. Curators carefully select tracks to connect artists with listeners worldwide.

With the launch of FRIENDSHIP. DAO, the new platform introduces innovative features to further enhance the artistic journey:

* Dashboard: Access detailed statistics and insights about your music’s performance.
* Points: Visualize returns on your creative activities.
* Offers: Collaborate with professionals across disciplines.
* Community: Connect with like-minded creators and supporters.

These features empower artists to launch support projects beyond traditional music sales or merchandise, enabling collaborations for album production, music videos, cover designs, and even post-release concerts or festivals.

Early Access and Upcoming Apps

FRIENDSHIP. DAO is now available for early access at https://app.FRIENDSHIPdao.xyz/ja/signin, where users can begin exploring its groundbreaking features. In addition, iOS and Android apps will be released soon to make the platform even more accessible for artists and supporters worldwide.

Introduction video is here
https://youtu.be/_P74hJAaGOQ?si=Xg4mFXMWCH-B3TBT