The U.S. Presidential Elections is arguably one of the most significant political events globally. Analysts are nervously monitoring the campaign, trying to figure out the possible implications on global assets. Octa aims to investigate how the result of the elections can impact crypto prices and the industry in general.

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 18 September 2024 – Another exciting year for the crypto market is still in its making, with popular cryptocurrencies already showboating their impressive price action so far. Most significant was Bitcoin’s move, as the leading coin managed to break to a new all-time high level, then corrected lower and still remains positive on a year-to-date basis. It is no surprise that crypto traders are keeping an eye out for opportunities especially as important economic and political events are looming. Admittedly, the US elections are without doubt the key political event anticipated by politicians and investors alike as they can potentially rattle the financial markets. There are only two possible outcomes, its either Trump or Harris. The pros and cons of each scenario will be discusssed based on how the crypto market could respond to each situation and in general to the presidential elections.

Past Presidential Elections and Crypto companies

In 2016, during the Trump – Clinton election campaign no major movement was observed within the crypto market as Bitcoin advanced marginally after the results were announced. However, back then the crypto market was not as developed as it is today. Its engagement by investors and traders was not as vibrant as it is today so a comparison may be misleading. Therefore, it is more relevant to look at the Trump -Biden campaign. At that time, the market had already boomed in 2017, but once again risky assets like Bitcoin never really budged. In our opinion, cryptocurrency companies may be giving away serious money to support candidates that are more likely to help the crypto industry if elected. Bitcoin contributions are legal and can be accepted as per the Federal Election Commission.

Donald Trump

Donald Trump made headlines as a result of his attendance at the Bitcoin conference in Nashville in July. His sheer attendance at this event was already extraordinary for its own sake and his speech was greatly welcomed by the crowd. Bitcoin, Ethereum and other coins have gained tremendous value during the past decade. Despite attending the event, Trump has not published his official plans for crypto yet making it challenging for us to examine his proposals. It remains to be seen whether he is truly committed in supporting the crypto market.

Kamala Harris

Unfortunately, Kamala Harris plans for the cryptocurrency industry remain unclear thus far. Harris has refrained from providing information on cryptocurrencies which could lead investors to suppose her views are clouded with uncertainty.

Interestingly, as of September 2022, 16% of adult Americans, had bought crypto currencies with the market capitalization reaching $3 trillion globally. This is enough evidence proving that US investors (voters) will be very interested in the future developments of the crypto market. The Harris administration is very well aware of this point. Hence, in August, with the initiative of the Democratic party, a virtual town hall event was organized featuring the “Crypto4Harris” motto. Other than that, traders have little to work with.

From a different viewpoint, Harris is already in place to take actions to support crypto. As the current VP, Harris already has the power to influence or embrace the crypto market through actions or general support. Thus, if Kamala Harris eventually decides to open up about cryptos, volatility for digital assets could increase.

Forward, Harris could be under pressure to reveal her real intentions for the crypto industry and this may be used by campaign as a tactic to gain attention and possibly attract more votes.

Proceed with caution

In another scenario, if the election keeps traders in suspense and the final results are delayed, then cryptocurrencies could come under extensive volatility with wide price swings coming into play. Indeed, one of Bitcoin’s characteristics is performing large price movements unexpectedly. This behavior has been observed multiple times in the past for numerous major digital assets and the importance of presidential elections can present similar opportunities for traders. This outcome may lead to increased risks for traders, but it can equally create excellent openings for gains. More specifically, if Bitcoin tests important technical levels, it could be useful for traders to set up strategies that consider these levels, whilst opening or closing trades. Being mindful of such trading levels can also help when using pending orders.

From a trading perspective, it could be useful for traders to monitor the crypto markets’ reactions to important events as we get closer to the elections. September and October could set the tone for the actual impact in November, when the Presidential Elections will be in the epicenter of the market’s attention. Furthermore, its worth mentioning that September has traditionally been a bearish month for Bitcoin. Since 2019, Bitcoin has ended September four times in red territory (down) and only one in green (up). In addition, during September 2024 the market awaits a crucial FOMC meeting. This event is vital for the markets as the odds are stacked for a possible rate cut. The actual outcome of this event could trigger extraordinary volatility and introduce new trends for various risky asset groups including cryptos.

As a final view, it is clear that U.S. politicians can no longer ignore the crypto industry. Crypto companies and investors will be closely watching the elections as their interests may depend on the result of these elections. Some crypto firms are going through intense legal battles which could even lead to an existential threat. So, the general crypto industry understands that the president coming into power will have the responsibility to upgrade regulations and support the industry. The crypto industry’s longevity and expansion may depend on the person elected as U.S. President in November. We highlight that the role of cryptocurrencies in the election is still uncertain.

Hashtag: #Octa

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Octa

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 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 and International Global Forex Awards, respectively.

SINGAPORE – Media OutReach Newswire – 18 September 2024 – Rhenus Group, a leading global logistics provider, has been selected to play a key role in the upcoming 29th UN Climate Change Conference (COP29) in Baku, Azerbaijan. As the Official Logistics Partner, Rhenus will leverage its expertise and resources, working alongside local partners to ensure the smooth running of this major event. Participants, including heads of state, negotiators, and industry leaders, will gather in Baku for COP29 to address the most pressing challenges of climate change.

To meet the specific demands of COP29, Rhenus will draw on its extensive experience in planning and executing complex logistics for large-scale events, while benefiting from the expertise of local partners. The company’s global network and expertise will be instrumental in ensuring seamless operations and efficient processes throughout the entire supply chain. With operations in over 70 countries, Rhenus is ideally positioned to take on the central role of organizing the event’s freight forwarding logistics. This includes everything from the intercontinental transport of goods using various modes of transport, customs clearance, warehousing, and last-mile delivery to logistics within the event venue itself. An onsite team of international logistics experts will also be present to assist participants with their end-to-end and local logistics needs, ensuring smooth coordination from international freight forwarding to venue delivery.

“We are proud to bring our extensive experience to such an impactful event: COP29 plays a crucial role in becoming a climate-neutral society and thus in shaping the future of generations to come,” says Tobias Bartz, CEO of the Rhenus Group. “With a strong global network as well as significant projects in the region and our ongoing commitment to strengthening supply chains in South Caucasus and Central Asia, a region that is vital for global trade, we are dedicated to enhancing the stability and capacity of sustainable and efficient logistics solutions. At COP29, we look forward to utilizing our strong presence in Azerbaijan and the whole region to contribute to the success of this important global event, while continuing to strengthen the Trans-Caspian International Transport Route, a key trade route on the New Silk Way, extending from China to Europe across Kazakhstan, the Caspian Sea, and the Caucasus into Türkiye.”

Rhenus recently demonstrated its capabilities as the Official Logistics Partner for the Olympic team Belgium at the Olympic Summer Games in Paris, successfully managing the international logistics of infrastructure and equipment across multiple-sports venues. This seamless coordination across multiple modes of transport, including road, air, rail, and ocean freight, highlights Rhenus’ proficiency in handling the complex logistics of major international events like COP29. Another major events project was Rhenus’ comprehensive logistics support for a global customer during the Rio de Janeiro Summer Olympics, further reinforcing the company’s ability to handle high-profile international events. Additionally, Rhenus has been working with the United Nations for nearly two decades as the authorized agent for the UN World Food Programme, shipping over 700,000 tons of commodities.

Concrete Measures for a Climate-Friendly COP29

Organizing COP29 in Baku presents unique logistical considerations that Rhenus is dedicated to addressing while prioritizing sustainability. The company is actively committed to minimizing the environmental impact of COP29, focusing on reducing emissions through the use of electric warehouse vehicles within the logistics centers, which will contribute to a more environmentally friendly event.

In addition, Rhenus will be offering its RHEGREEN service during COP29, which allows customers to actively reduce the CO2 emissions of their shipments. With RHEGREEN, a CO2 efficiency tool specifically designed for air freight, customers can identify the lowest-emission flight connection for their shipments, potentially saving up to 40 percent CO2 per transport. This service underscores the Rhenus Group dedication to responsible logistics solutions and environmental protection.

Hashtag: #Rhenus

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

About Rhenus

The Rhenus Group is one of the leading logistics specialists with global business activities and annual sales of 7.5 billion euros. 40,000 employees work at 1,320 locations in more than 70 countries, developing innovative solutions along the entire supply chain. Whether it’s transport, warehousing, customs clearance, or value-added services, the family-owned company bundles its activities in various business areas, always focusing on the needs of its customers.

Further information about the Rhenus Group: https://www.rhenus.group/

MACAU SAR – Media OutReach Newswire – 18 September 2024 – The Macao Government Tourism Office (MGTO) is excited to announce that the “Experience Macao Limited Edition” international promotional campaign has entered its second phase. This initiative aims to showcase Macao’s unique charm to global travelers through an online interactive quiz on the official website (ExperienceMacaoLimitedEdition.com), to win 100 “Experience Macao Limited Edition prizes”, showcasing Macao’s rich cultural heritage and vibrant attractions. These experiences will highlight Macao’s allure and provide limited-time exclusive activities, seamlessly blending online interaction with offline travel experiences.

MGTO has partnered with Macao’s six integrated resorts—Galaxy Macao, Melco Resorts & Entertainment, MGM, Sands China Limited, Wynn Resorts Macao, and SJM Resorts—to offer customized exclusive travel routes. These routes showcase Macao’s diverse cultural, entertainment, shopping, and dining experiences, providing participants with unparalleled travel opportunities.

Macao, a city rich in multicultural charm, has been seen through the eyes of MIYEON, a member of the famed K-pop group (G)I-DLE. She’s been invited to immerse herself in the wonders of Macao and is set to release a special single and music video, Lovin’ My Stay, inspired by her journey. As MIYEON explores the city’s iconic landmarks, her music will capture Macao’s dynamic spirit, delivering its vibrant energy to her international fan. Through her distinct perspective, fans and travelers will be able to discover a new and enchanting side of Macao.

The Macao Government Tourism Office (MGTO) invites people in Malaysia to delve into the heart of Macao’s cultural heritage. Campaign winners will embark on an unforgettable journey through the city’s historic allure, tasting the unique flavors of its cuisine and experiencing a blend of Eastern and Western cultures. Previously, leading Southeast Asian influencers participated, inspiring many to follow in their footsteps.

To boost the campaign’s promotion, the Macao Government Tourism Office (MGTO) has launched advertisements on large screens at Pavilion Kuala Lumpur, drawing significant local attention. The ads, which ran for five days, encouraged people to discover Macao’s unique cultural charm firsthand.

Now in its second phase, the “Experience Macao Limited Edition” international promotional campaign runs from September 16 to September 25, 2024. We invite everyone to visit ExperienceMacaoLimitedEdition.com, take part in the interactive online quiz, and follow @visitmacao (https://www.instagram.com/visitmacao/) for the latest hints and updates.

For more information, please visit:

Official Website: ExperienceMacaoLimitedEdition.com
Instagram: @visitmacao
Facebook: https://www.facebook.com/visitmacao/

Hashtag: #Macao

https://www.macaotourism.gov.mo/en/

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

MACAU SAR – Media OutReach Newswire – 18 September 2024 – To further expand the international tourist market, the Macao Government Tourism Office (MGTO) has launched the “Experience Macao Limited Edition” international promotional campaign in the second half of 2024. This simple and easy-to-play quiz game offers participants the chance to win 100 “Experience Macao Limited Edition prizes”, showcasing Macao’s rich cultural heritage and vibrant attractions.

As part of MGTO’s 2024 international promotional efforts, “Experience Macao Limited Edition” aims to attract tourists from key regions, enhancing the city’s image and boosting its appeal on a broader scale. Participants can visit the campaign’s official website, ExperienceMacaoLimitedEdition.com, and take part in daily quizzes for a chance to win exclusive Macao travel experiences.

Macao, a city rich in multicultural charm, has been seen through the eyes of MIYEON, a member of the famed K-pop group (G)I-DLE. She’s been invited to immerse herself in the wonders of Macao and is set to release a special single and music video, Lovin’ My Stay, inspired by her journey. As MIYEON explores the city’s iconic landmarks, her music will capture Macao’s dynamic spirit, delivering its vibrant energy to her international fan. Through her distinct perspective, fans and travelers will be able to discover a new and enchanting side of Macao.

Join the Macao Government Tourism Office (MGTO) in discovering the vibrant culture of Macao. Lucky winners will immerse themselves in the city’s historic atmosphere, delight in its diverse cuisine, and experience the harmonious blend of Eastern and Western cultures. In the earlier phase, numerous top influencers from Southeast Asia took part, encouraging a wave of interest in Macao.

Currently, the “Experience Macao Limited Edition” international promotional campaign is in its second phase, running from September 16 to September 25, 2024. Travelers from around the world are encouraged to visit ExperienceMacaoLimitedEdition.com to participate in interactive quizzes for a chance to win exclusive Macao travel packages. Participants can also follow MGTO’s official Instagram account @visitmacao for daily quiz hints and updates on the campaign.

For more information, please visit:

Official Website: ExperienceMacaoLimitedEdition.com
Instagram: @visitmacao
Facebook: https://www.facebook.com/visitmacao/

Hashtag: #Macao

https://www.macaotourism.gov.mo/en/

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

SHENZHEN, CHINA – Media OutReach Newswire – 18 September 2024 – To mark its 20th anniversary, OPPO is set to forge a partnership with United Nations Educational, Scientific and Cultural Organization (UNESCO), with the goal of empowering cultural education and diversity through technology. Using imaging technology, this initiative aims to preserve and transmit cultural heritage, enabling youth to explore the world and connect with diverse cultures, truly embodying the spirit of “Connecting Cultures, Inspiring Futures.”

Empowering Cultural Education through Imagining Technology and A Call for “Culture Donation“

As part of this collaboration, OPPO will donate 1000 OPPO tablets to support the development of local youth education in Africa and Asia. These devices will feature cultural programming courses developed under the ‘Youth Coding Initiative’, jointly launched by UNESCO and CODEMAO, children’s programming education brand. The initiative aims to promote the inclusive and safe use of technology, advance equitable education in Africa and Asia, and help preserve local cultural heritage through digital learning.

Firmin E. Matoko, the Assistant Director-General for Priority Africa and External Relations, stated, “OPPO’s dedication to advancing youth innovation and education is highly appreciated. I am sure that the students and teachers from Africa and Asia will better benefit from the new partnership with OPPO following UNESCO vision and requirements.” The partnership will be launched officially after completing the relevant UNESCO procedural reviews. OPPO’s initiative has received strong support from the National Commission of the People’s Republic of China for UNESCO.

In addition to the donations, OPPO is launching a global campaign #CaptureMyCulture, encouraging users worldwide to contribute to cultural preservation by sharing photos and stories that celebrate their local traditions. Participants in this campaign will have the chance to witness the donation ceremony.

OPPO’s Continued Commitment to Cultural Preservation

OPPO’s commitment to cultural education extends beyond its partnership with UNESCO. Earlier this year, OPPO joined forces with Discovery Channel to launch the “Culture in a Shot” project, a global initiative aimed at spotlighting and protecting cultural diversity through imaging technology. The project captures the efforts of dedicated individuals: Thailand’s Lisu group preserving their heritage through music; Indonesia’s artisans practicing the ancient craft of batik with a visual representation of local traditions; and Spain’s flamenco dancers embodying Andalusian culture through their art form. Every single group tells the unique cultural story through the distinct art form.

Besides, OPPO launches AI Studio in the Reno12 series, allowing users to generate a studio-quality portrait, such as transforming into a flamenco dancer, offering an immersive cultural experience from anywhere in the world.

OPPO continues to push the boundaries of technological innovation, using its expertise in AI and imaging to enhance cultural preservation and education. By providing tools for creative expression and storytelling, OPPO is helping to connect cultural and inspire the next generation.

As OPPO celebrates its 20th anniversary, the company remains dedicated to its mission of “Technology for Mankind, Kindness for the World”, Moving forward, OPPO will continue to harness technology to contribute towards positive impact on society. OPPO remains dedicated to promoting cultural preservation and youth education, contributing to the inheritance and development of global culture.

The OPPO 20th anniversary #CaptureMyCulture campaign is open for submissions until September 25, 2024. Click here to share your cultural photos and stories, connecting cultures, inspiring futures!

Hashtag: #OPPO

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

About OPPO

OPPO is a leading global smart device brand. Since the launch of its first mobile phone – “Smiley Face” – in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find and Reno series. Beyond devices, OPPO also provides its users with ColorOS operating system and internet services such as OPPO Cloud and OPPO+. OPPO has footprints in more than 60 countries and regions, with more than 40,000 employees dedicated to creating a better life for customers around the world.

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 18 September 2024 – In the spirit of reunion, warmth, and hope, the BEST Inc Malaysia team, led by CEO Lu Miao, celebrated the Mid-Autumn Festival with the children of House of Love in Klang. The team brought joy to the home by lighting lanterns and distributing gifts to the children.

Dr. Joseph Pang, founder of House of Love, along with staff and children, warmly welcomed the BEST Inc Malaysia team. As part of the visit, BEST Inc Malaysia also donated essential supplies to the home to support the children’s daily needs.

Collaborating for a Brighter Future

Gavin emphasized the company’s dedication to corporate social responsibility, particularly in supporting children’s growth and development.

“This is not just about material support,” said Gavin. “More importantly, it’s about showing the children that society cares. Small actions, when combined, can create meaningful change in their lives.”

House of Love Founder’s Remarks

Dr. Joseph Pang expressed gratitude for the donation, noting its impact beyond material support: “BEST Inc Malaysia’s generosity not only helps the children with their needs but also inspires them emotionally, showing them that they are cared for by society.”

Dr. Pang added that House of Love remains committed to providing the best possible education and environment for the children and looks forward to more collaborations with companies like BEST Inc Malaysia to help create a brighter future for them.

Hashtag: #BESTInc #Logistics #Cargo #BESTCargo #CrossBorder #Fulfillment #midautumn #mooncakefestival #百世集团 #百世马来西亚 #百世快递 #中秋节

https://www.best-inc.my/
https://www.linkedin.com/company/bestinc/
https://www.facebook.com/BESTExpressMalaysia
https://www.instagram.com/bestexpressmalaysiaofficial/

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

BEST Inc