30.3 C
Vientiane
Thursday, June 5, 2025
spot_img
Home Blog Page 827

Triller Joins Forces with Baron Davis’ BIG and Influencer Platform REACH for NBA All-Star Weekend

The media powerhouse is taking over NBA All-Star weekend with exclusive content and star-studded experiences, showcasing a new era for digital entertainment

LOS ANGELES, Feb. 14, 2025 /PRNewswire/ — Triller is making a powerful comeback by teaming up with NBA All-Star Baron Davis’ Business Inside the Game (BIG) and influencer organization, REACH, for an exciting presence at NBA All-Star Weekend. BIG, known for its summits, workshops, and experiences connecting business and social enterprise, joined forces with Triller to create high-profile engagements. This collaboration will bring fans exclusive content, immersive experiences, and top-tier entertainment at the intersection of sports, music, and culture.

BIG and Triller will set up a temporary remote studio in San Francisco to produce exclusive Triller content featuring NBA athletes, artists, and sports business leaders. This premium content will be available exclusively on the Triller app, giving fans unparalleled access to the biggest names in the industry.

“NBA All-Star Weekend is the perfect stage for Triller to showcase its commitment to culture, sports, and innovation. We are thrilled to partner with BIG and REACH to create a dynamic and immersive experience for fans and industry leaders alike,” said Sean Kim, CEO of Triller App.

“Triller isn’t just back – it’s better than it’s ever been. This partnership underscores Triller’s place at the forefront of culture and innovation. We are excited to collaborate with Triller as they continue their incredible resurgence, offering unique and powerful storytelling opportunities for athletes, artists, and entrepreneurs alike.” said Baron Davis, CEO of BIG and a long-time Triller collaborator and investor.

The Triller app has recently undergone a major transformation, unveiling a sleek redesign that has ignited a surge of creators and celebrities flocking to the platform. As uncertainty around TikTok grows, Triller has cemented itself as the go-to destination for music, sports, and culture. With top influencers, athletes, and musicians embracing the platform, Triller is redefining digital entertainment.

“With a new creator studio and fund designed to give creators greater ownership and monetization opportunities, this is just the beginning of Triller’s new era,” said Antoine Grant, General Partner at Evercurrent Brands, a next-generation platform focused on building and scaling brands that drive culture through storytelling. “NBA All-Star Weekend is Triller’s opening game – we’re building a space where athletes, artists, and influencers can take control of their content, collaborate, and create game-changing work on their own terms.”

Some of the biggest names in social media, sports, and culture will be in attendance at NBA All-Star Weekend, including 14-year-old culinary sensation Cooking with Kian, Women’s Basketball stars – including Lauren Fitzmaurice and Mia Mastrov– and Latinx mental health activist and content creator Joseph Arujo, among many others.

With over 6 million social media followers, REACH CEO Dylan Huey, CEO of REACH will also attend the event. “Partnering with Triller for NBA All-Star Weekend is an incredible opportunity to bring together top creators, athletes, and industry leaders in a way that pushes digital entertainment forward,” said Huey, whose agency aims to bridge Gen Z talent with top brands like YouTube and Disney.

As uncertainty around TikTok grows, Triller has cemented itself as the go-to destination for music, sports, and culture. With top influencers, athletes, and musicians embracing the platform, and with more opportunities for creators to reach their audiences,Triller is redefining digital entertainment.

The NBA All-Star Weekend collaboration with BIG is yet another milestone solidifying Triller’s dominance in the industry and setting the stage for even bigger things to come.

It’s time to experience the next evolution of digital entertainment.

Here’s where you can catch the action:

Thursday, February 13 – BIG Showcase
Millennium Tower Penthouse, San Francisco
6:00 PM9:00 PM
A night of exclusive presentations and networking with top industry leaders.

Friday, February 14 – The Draymond Green Show Live Podcast
Empire Studio, San Francisco
7:00 PM10:30 PM
NBA star Draymond Green joins Baron Davis for an unfiltered live podcast with surprise guests.

Saturday, February 15 – BIG Summit & Mixer
BIG Summit
Baron Davis’ BIG Summits connect athletes, entrepreneurs, and investors to shape the future of sports, media, and tech. Events include basketball games and post-game networking.

The Hibernia Bank, San Francisco
10:30 AM4:00 PM
Join thought leaders for dynamic panels on sports, tech, and business. Don’t miss the exclusive Triller Content Studio!

All-Star Mixer
Modi, San Francisco
7:30 PM10:00 PM
An exclusive VIP event hosted by Baron Davis, Silicon Valley Bank, and First Citizens Wealth.

Stay tuned for behind-the-scenes access and exclusive content from Triller. Follow us for live updates and join the conversation using #BIGTrillerAllStarWeekend

Download Triller now to stay tuned on all the events and all the creators, celebrities, and athletes that will be in attendance.

About Business Inside The Game 
Business Inside The Game (BIG) is a members-only platform that offers its community networking and thought leadership events, access to a pipeline of investment opportunities, as well as meaningful connections with like-minded professionals. Founded by investor and two-time NBA All-Star Baron Davis, BIG represents the eyes and ears of culture in driving innovation in sports, entertainment and technology. BIG embodies a new school way of doing business wherein athletes, multi-hyphenates, startup founders, investors and executives sit at the same table. For membership information visit TeamBig.io and connect with BIG on Linkedin, Instagram and X.

About Triller Group Inc.
Nasdaq: ILLR. Triller Group is a US-based company that operates two main businesses: the newly merged US-based social media operations (Triller Corp.), and the legacy operations of the Company in Hong Kong (“AGBA”).

Triller Corp. is a next generation, AI-powered, social media and live-streaming event platform for creators. Pairing music culture with sports, fashion, entertainment, and influencers through a 360-degree view of content and technology, Triller Corp. uses proprietary AI technology to push and track content virally to affiliated and non-affiliated sites and networks, enabling them to reach millions of additional users. Triller Corp. additionally owns Triller Sports, Bare-Knuckle Fighting Championship (BKFC); Amplify.ai, a leading machine-learning, AI platform; and TrillerTV, a premier global PPV, AVOD, and SVOD streaming service. For more information, visit www.triller.co.

Established in 1993, AGBA is a leading, multi-channel business platform that incorporates cutting edge machine-learning and offers a broad set of financial services and healthcare products to consumers through a tech-led ecosystem, enabling clients to unlock the choices that best suit their needs. Trusted by over 400,000 individual and corporate customers, the Group is organized into four market-leading businesses: Platform Business, Distribution Business, Healthcare Business, and Fintech Business. For more information, please visit www.agba.com.

Safe Harbor Statement
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; the outcome of any legal proceedings that may be instituted against us following the consummation of the business combination; expectations regarding our strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and our ability to invest in growth initiatives and pursue acquisition opportunities; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in Hong Kong and the international markets the Company plans to serve and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC, the length and severity of the recent coronavirus outbreak, including its impacts across our business and operations. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof.

Bambusa Therapeutics Raises Approximately $90 Million in Series A Financing to Advance Next-generation Bispecific Antibodies for Immunology & Inflammation Diseases

BOSTON, Feb. 14, 2025 /PRNewswire/ — Bambusa Therapeutics, Inc. (Bambusa), a biotechnology company developing bispecific antibodies for immunological and inflammatory (I&I) disorders, today announced the successful completion of its oversubscribed Series A financing of approximately $90 million. The round was led by new investor RA Capital Management, with participation from new investors including Janus Henderson Investors, Redmile Group, Invus, and ADAR1 Capital Management. All existing investors also participated.

The funding will support the advancement of Bambusa’s lead programs through Phase I trials and drive further pipeline development. In conjunction with the financing, Dr. Derek DiRocco, Partner at RA Capital Management, will join Bambusa’s Board of Directors.

Shanshan Xu, M.D., Ph.D., CEO and Founder of Bambusa Therapeutics, commented:
“At Bambusa, we have assembled a dynamic team of emerging biotech entrepreneurs driven by speed, agility, and scientific excellence. We are grateful for the trust our new and existing investors have placed in us as we rapidly advance our bispecific antibody pipeline into the clinic. This financing is a testament to our vision and execution, and we are eager to continue building momentum toward delivering transformative therapies to patients in need.”

Derek DiRocco, Ph.D., Partner at RA Capital Management, commented: “RA Capital is pleased to partner with the Bambusa Therapeutics team as they rapidly move multiple I&I assets into the clinic over the coming year. The next wave of therapeutics for patients with I&I disorders will be both more efficacious and convenient than currently available options. The Bambusa Therapeutics pipeline fits this profile, as their half-life extended bispecific antibodies were designed to target complementary disease-driving signaling pathways, affording the potential for a best-in-disease profile for patients.”

Building a Best-in-Disease Pipeline

Since its founding in May 2024, Bambusa has built a robust pipeline of long-acting bispecific antibodies, leveraging validated targets and biological synergy to create best-in-disease therapies for I&I indications. Two of Bambusa’s four programs are on track to enter the clinic in Q1 2025 and mid-2025, respectively.

  • BBT001, Bambusa’s lead candidate, is a bispecific antibody incorporating a number of features intended to supplant the current standard of care for a range of dermatological conditions.
  • BBT002 is a bispecific antibody created as a “platform in a molecule” with applications across respiratory, dermatology, and gastroenterology indications.
  • Bambusa’s additional development candidates, BBT003 and BB004, also have best-in-disease potential in the inflammatory bowel diseases and rheumatological indications.

About Bambusa Therapeutics

Bambusa Therapeutics is a rapidly growing biotechnology company specializing in developing transformative inflammatory and immunological therapeutics. Based in the vibrant Boston Seaport area, Bambusa’s mission is to advance the field of immunology with cutting-edge solutions. For more information visit www.bambusatx.com

Tuya to Report Fourth Quarter 2024 Financial Results on February 26, 2025 Eastern Time

SANTA CLARA, Calif., Feb. 14, 2025 /PRNewswire/ — Tuya Inc. (“Tuya” or the “Company”) (NYSE: TUYA; HKEX: 2391), a global leading cloud platform service provider, today announced that it will report its fourth quarter 2024 unaudited financial results before the market opens on Wednesday, February 26, 2025.

Tuya’s management will hold a conference call at 08:00 A.M. Eastern Time on Wednesday, February 26, 2025 (09:00 P.M. Hong Kong Time on the same day) to discuss the financial results. In advance of the conference call, all participants must use the following links to complete the online registration process. Upon registering, each participant will receive the dial-in information and a unique PIN (personal access code) to join the call as well as an email confirmation with the details.

Participants Online Webcast Registration: https://edge.media-server.com/mmc/p/ftbbqvsj

Participants Call Registration: https://register.vevent.com/register/BI7d279945a4c846f48483fdfc0e47a728

A live and archived webcast of the conference call will also be available at the Company’s investor relations website at https://ir.tuya.com/.

About Tuya Inc.

Tuya Inc. (NYSE: TUYA; HKEX: 2391) is a global leading cloud platform service provider with a mission to build a smart solutions developer ecosystem and enable everything to be smart. Tuya has pioneered a purpose-built cloud developer platform with cloud and generative AI capabilities that delivers a full suite of offerings, including Platform-as-a-Service, or PaaS, Software-as-a-Service, or SaaS, and smart solutions for developers of smart device, commercial applications, and industries. Through its cloud developer platform, Tuya has activated a vibrant global developer community of brands, OEMs, AI agents, system integrators and independent software vendors to collectively strive for smart solutions ecosystem embodying the principles of green and low-carbon, security, high efficiency, agility, and openness.

Investor Relations Contact

Tuya Inc.
Investor Relations
E-mail: ir@tuya.com 

The Blueshirt Group
Gary Dvorchak, CFA
Phone: +1 (323) 240-5796
Email: gary@blueshirtgroup.co 

HL Strategy
Haiyan LI-LABBE
Email: hl@hl-strategy.com 

Thousand-year-old temple fair held in Central China’s Henan

XUN COUNTY, China, Feb. 14, 2025 /PRNewswire/ — On February 6, 2025, the ninth day of the first lunar month, the 17th Central Plains (Hebi) Folk Culture Festival ushered in the Dapishan Temple Fair. The event was a vibrant display of traditional Chinese folk culture, with performances such as stilt-walking, lion dances, and yangko dances captivating the audience. Meanwhile, a large number of netizens tuned in to the live broadcast on Global Times Online (huanqiu.com) to experience the authentic charm of “Celebrating Spring Festival in Xun County, Hometown Henan.”

 

Thousand-year-old temple fair held in Central China’s Henan

Shehuo, a traditional Chinese folk performance with a history spanning centuries, is predominantly celebrated in rural areas. On this day, more than a dozen performance troupes gathered, marching from the ancient city of Xun County to Dapishan. They moved in an orderly fashion to the beat of drums, performing as they walked and turning the one-mile-long street into a grand stage. At the main venue, performances such as stilt-walking, yangko, dragon dances, lion dances, and drumming took turns to showcase their unique skills, highlighting the artistic appeal of these traditions.

A notable feature of this year’s temple fair was the increased participation of young people in community performances. Participants ranged from 4-year-old children to teenagers, injecting new vitality into the ancient festival.

Xun County’s Shehuo has a history of over 1,000 years and is recognized as a national intangible cultural heritage. The performance roles are derived from folk legends, historical accounts, traditional operas, and literary works, and are given new life through the innovations introduced by the performers.

Xun County, Henan Province, known as the hometown of Chinese folk art, is famous for its ancient temple fairs. These fairs are renowned for their long history, rich cultural significance, far-reaching influence, and enduring vitality. The temple fairs last for a month, with the Dapishan Temple Fair opening on the ninth day of the first lunar month and the Fuqiu Mountain Temple Fair, held on the 16th day, being the most historic and famous.

In December 2024, China’s Spring Festival was inscribed on UNESCO’s Representative List of the Intangible Cultural Heritage of Humanity. In the official video submitted to UNESCO, the temple fair in Xun County was showcased as a vibrant and dynamic celebration of the Spring Festival.

Xun County is a national historical and cultural city. The Xun County section of the Grand Canal and Liyang Warehouse in the ancient city are listed as world cultural heritage sites. Other historical sites, such as the ancient city walls and the Wenzhi Pavilion, provide a strong foundation for the preservation of traditional culture. In recent years, Xun County has vigorously developed its cultural tourism. The image of the ancient city, with its blend of mountains, water, and sightseeing opportunities, has been renewed through the temple fairs, transforming this destination into a new tourist highlight, especially during the Spring Festival.

“Temple fairs are a grand gathering of people, culture, and commodity trade, extending the reunion culture of the Spring Festival to the entire society, from family reunions to social reunions,” said Qiao Taishan, director of the Central Plains Intangible Cultural Heritage Research Institute and consultant to the Henan Folk Artists Association.

“Harmony and reunion are the core of Spring Festival culture. Our culture’s pursuit of harmony is the confidence that drives Chinese traditional culture to go global,” Qiao added.

The Fuqiu Mountain Temple Fair is held on the sixteenth day of the first lunar month each year. Community performance troupes from surrounding areas of Xun County also gather to enjoy this millennia-old cultural feast.

 

Snail Games Celebrates Pivotal Milestones and New Content for the ARK Franchise

CULVER CITY, Calif., Feb. 14, 2025 /PRNewswire/ — Snail Games (Nasdaq: SNAL), a premier global developer and publisher of interactive digital entertainment, celebrates new milestones that are reshaping the ARK universe. The franchise has expanded with ARK: Ultimate Mobile Edition achieving 4 million downloads, and the debut of the Greek-themed Astreos Map as an Official Partner DLC in ARK: Survival Ascended . Together, these developments underscore Snail Games’ relentless commitment to innovation and community creativity, setting the stage for a dynamic future for the ARK franchise.

ARK: Survival Ascended – DLCs, Mods and UGC

Snail Games is proud to celebrate the launch of the Astreos Map as an Official Partner DLC for ARK: Survival Ascended—a significant evolution from its origins as a community-created mod by acclaimed map author Nekatus. Now fully supported as a paid DLC, the Astreos Map infuses the ARK universe with a rich Greek mythology twist, delivering immersive new environments and challenges that transform the overall gameplay experience.

This official release exemplifies Snail Games’ dedication to nurturing mods, user-generated content and creativity. With over 3,500+ mods available for ARK: Survival Ascended, including the ARK x Power Rangers Wave 2 Premium Mod, developed in partnership with Hasbro and CurseForge, Snail Games solidifies  its commitment to supporting innovative contributions that drive the ARK franchise’s evolving ecosystem.

By championing community ingenuity and creativity, Snail Games is expanding the ARK universe while paving the way for new opportunities that extend the product’s lifecycle.

ARK: Ultimate Mobile Edition Surpasses 4 Million Downloads

Building on its commitment to expanding the ARK universe, ARK: Ultimate Mobile Edition has surpassed 4 million downloads and shows no signs of slowing down as they’ve recently added the fan-favorite Ragnarok expansion map in ARK: Ultimate Mobile Edition. This massive community-created map is now available for all mobile survivors on the App Store® and Google Play Store™. This milestone highlights the franchise’s growing appeal and the company’s success in delivering engaging, accessible gameplay experiences to a global audience.  ARK: Ultimate Mobile Edition reduces the high hardware requirements that can traditionally limit access to the franchise, expanding its reach at unprecedented levels.

Upcoming Announcements at GDC 2025

Looking ahead, Snail Games has teased additional major updates for the ARK franchise to be unveiled at the upcoming Game Developers Conference (GDC) 2025. These announcements are anticipated to provide further insights into the franchise’s roadmap.

Contacts

For creators interested in collaborative opportunities: creatordirect@noiz.gg
For Media Inquiriespress@snail.com
For Investor Inquiriesinvestors@snail.com

About Snail Games

Snail Games is a leading global developer and publisher, known for delivering innovative, immersive gaming experiences across a range of genres and platforms. With a legacy of technological innovation and a focus on community engagement, Snail Games is shaping the future of interactive entertainment.

Forward-Looking Statements

This press release contains statements that constitute forward-looking statements. Many of the forward-looking statements contained in this press release can be identified by the use of forward-looking words such as “anticipate,” “believe,” “could,” “expect,” “should,” “plan,” “intend,” “may,” “predict,” “continue,” “estimate” and “potential,” or the negative of these terms or other similar expressions. Forward-looking statements appear in a number of places in this press release and include, but are not limited to, statements regarding Snail’s relentless commitment to innovation and community creativity, which may set the stage for a dynamic future for the ARK franchise. You should carefully consider the risks and uncertainties described in the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, which was filed by the Company with the SEC on April 1, 2024 and other documents filed by the Company from time to time with the SEC, including the Company’s Forms 10-Q filed with the SEC. The Company does not undertake or accept any obligation to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.

 

Kexing Biopharm Obtained IND Approval for Its Self-developed GB05 from U.S. FDA

SHENZHEN, China, Feb. 14, 2025 /PRNewswire/ — Kexing Biopharm Co., Ltd. (Stock Code: 688136.SH) recently announced that the Investigational New Drug Application (IND) of GB05, Human Interferon α1b Inhalation Solution, a self-developed product by the Company’s wholly-owned subsidiary, Shenzhen Kexing Pharmaceutical Co., Ltd., has been approved by the United States Food and Drug Administration (FDA), and this approval allows Shenzhen Kexing to initiate its proposed clinical trials in the US. The proposed indications are pediatric lower respiratory tract infections caused by respiratory syncytial virus (RSV), such as pneumonia and bronchiolitis. This significant breakthrough in antiviral drug development brings new hope to the treatment of RSV infections in children globally.

RSV is one of the most causative viruses for acute respiratory infections in infants. Children under the age of five are particularly vulnerable, and the situation is even worse for infants and children with underlying health conditions, who are likely to suffer severe pneumonia when infected. There is yet no effective anti-viral drugs targeting RSV approved globally. GB05, Human Interferon α1b Inhalation Solution, is specifically formulated for pediatric use: it incorporates a mutation to increase stability, is formulated with low human albumin content for increased safety and lower cost, and in inhaled regimen, the active ingredient can be delivered directly to the infection site for better efficacy and reduced side effects. In addition, inhalation delivery enhances pediatric patients’ compliance compared to subcutaneous injection. In summary, the safety, efficacy and compliance of GB05 have been significantly improved. Currently, phase III clinical trials for GB05 are on going in China.

Kexing Biopharm has been deeply engaged in antiviral, oncology, and immunology areas, keeping refining and balancing its product pipeline. The approval of GB05 for clinical trials in both China and the US is not only a reflection of Kexing Biopharm’s prowess in innovative R&D, but also an important achievement after years of efforts in antiviral area. Besides GB05, Kexing Biopharm is also gaining progress in the development of other innovative medicines. For instance, Kexing is actively working on a new biological entity, GB08, a long-acting growth hormone in the form of an Fc-fusion protein. Meanwhile, the IND applications of GB18 indicated for cancer cachexia (a nanobody targeting GDF-15) are about to be submitted in both China and the US within this year.

In recent years, Kexing Biopharm’s R&D pipeline becomes more focused, and the R&D investment is more precise and targeted. Its innovation capability has attracted attention from peers and venture capitals at home and abroad. In the future, Kexing will adhere to the platform-based development strategy driven by innovation and internationalization, bringing more breakthroughs on the road of innovation.

LONGi maintains AAA ranking in Q4 2024 PV ModuleTech Bankability Ratings

XI’AN, China, Feb. 14, 2025 /PRNewswire/ — LONGi has announced the retention of its AAA rating in PV-Tech’s Q4 2024 PV ModuleTech bankability ratings, marking the company’s 20th consecutive quarter at this top tier and underscoring its long-term commitment to quality, innovation, financial stability and leadership in the photovoltaic industry.

PV Module Tech Bankrupcity Ratings
PV Module Tech Bankrupcity Ratings

The PV ModuleTech bankability ratings are derived from a thorough evaluation process that examines manufacturers across several critical dimensions, including value chain strength, production capacity, global shipment profiles, capital expenditure (capex), R&D investment and cash-flow management. LONGi’s consistent AAA status reflects not only its robust operational metrics but also its dedication to advancing solar technology.

Relying on its profound technology accumulation and advanced intelligent manufacturing advantages, LONGi has made continuous breakthroughs in HPBC2.0 technology and forward-looking R&D, and its products for utility and distributed scenarios have been implemented successively.

In May 2024, LONGi launched Hi-MO 9, an utility PV module product based on HPBC2.0 solar cellss, in Spain. The power of the module is up to 660W, and the conversion efficiency can reach 24.43%. In October 2024, LONGi released the Hi-MO X10, a distributed PV module product also based on HPBC2.0 solar cells, at the Shanghai Rolex Masters. With a maximum mass production power of 670W, Hi-MO X10 is more than 30W higher than the power of TOPCon modules in the same area, and the maximum efficiency can reach 24.8%.

Recently, LONGi successfully won the first phase of the 500MW PV power plant project from Inner Mongolia Autonomous Region of China, which marks a milestone for LONGi’s HPBC2.0 technology products have been highly recognized by the market. These developments highlight the company’s focus on enhancing product efficiency and reliability to meet the evolving needs of global energy markets.

LONGi’s continued success is a testament to the trust and recognition it has earned from stakeholders across the global photovoltaic landscape. The company remains dedicated to adapting to market changes and delivering unparalleled value to its customers and partners.

As LONGi looks to the future, it remains focused on its mission of “making the best of solar energy to build a green world,” furthering its efforts in technology innovation and the development of sustainable energy solutions.

About LONGi

Founded in 2000, LONGi is committed to being the world’s leading solar technology company, focusing on customer-driven value creation for full scenario energy transformation.

Under its mission of ‘making the best of solar energy to build a green world’, LONGi has dedicated itself to technology innovation and established several business sectors, covering mono silicon wafers, cells and modules, commercial & industrial distributed solar solutions, green energy solutions and hydrogen equipment. The company has honed its capabilities to provide green energy and has, more recently, also embraced green hydrogen products and solutions to support global zero carbon development. www.longi.com

Macroeconomics and Crypto Markets Entanglement Intensifies, Revealed Bybit x Block Scholes Feb. Volatility Report

DUBAI, UAE, Feb. 14, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, released its latest joint monthly volatility report with Block Scholes uncovering insights from January’s crypto options trading data.

The report indicated BTC’s and ETH’s growing influence in the global financial landscape, evidenced by the diminishing historical divide between digital assets and conventional markets. By all accounts, key crypto assets are increasingly moving in tandem with macroeconomic signals. From tariffs to the AI race, the digital asset class is no longer insulated from world affairs. The data suggests that crypto is maturing from financial outlier to market bellwether, marking a fundamental shift for traders navigating this new landscape.

Key findings:

  • Crypto Markets — The New Canary in the Economic Coal Mine: Crypto markets are increasingly functioning as early warning systems for broader market movements. In the eventful first month of 2025, digital assets demonstrated heightened sensitivity to macroeconomic developments, often reacting hours or even days before traditional equity markets. While equity markets were asleep, the always-on crypto markets digested key indicators such as CPI, labor market data, and potential rate hikes or cuts.
  • The Weekend Effect: As the convergence between cryptocurrency and traditional financial markets reached new heights in Jan., crypto’s “early warning” feature was exacerbated particularly on weekends. The 24/7 nature of crypto trading has created a unique dynamic where weekend sessions, especially Sundays, have become crucial indicators of market sentiment. Traders saw a pattern of significant Sunday trading activity that consistently foreshadowed Monday market openings.
  • Ethereum’s New Dynamics: While ETH and BTC have historically shared similar trajectories in market movements, the past month revealed a more nuanced relationship. During market downturns, ETH was more vulnerable to negative sentiment, consistently outperformed by BTC. However, the trajectories diverged in options markets, pricing ETH’s implied volatility lower than historical patterns would suggest. This disconnect between market expectations and realized performance points to evolving dynamics in how different cryptocurrencies respond to market stress.

The Bybit and Block Scholes Monthly Volatility Report series is available on Bybit Learn.

#Bybit / #TheCryptoArk /#BybitResearch

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube