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CoinEx & ViaBTC Release 2024 Crypto Annual Report: Unveiling the Future of Blockchain, AI, and Cryptocurrencies
GlobeNewswire· 2025-01-17 08:52
Market Overview - The cryptocurrency market experienced significant growth in 2024, with Bitcoin (BTC) approaching $100,000 and Ethereum (ETH) stabilizing above $3,500 by year-end [8] - The total cryptocurrency market capitalization exceeded $4 trillion in Q4 2024, with Bitcoin retaining a 52.34% market share and Ethereum at 11.58% [10] - The stablecoin market maintained steady growth, led by Tether (USDT) and USD Coin (USDC), while emerging stablecoins like USDE and USD0 gained traction [9] Bitcoin Halving and Ecosystem Growth - Bitcoin's halving event on April 19, 2024, reduced its annual inflation rate, enhancing its scarcity [11] - The halving cycle spotlighted Bitcoin's Layer 2 solutions and staking mechanisms, addressing scalability and utility challenges [11] - Emerging Layer 2 protocols improved transaction efficiency and reduced costs, while decentralized staking mechanisms like Babylon enhanced network participation and security [12] Mining Industry - The Bitcoin network mined over 53,000 blocks in 2024, producing 217,771 BTC with a total annual value of approximately $20 billion [13] - Network hash rates surged by 51% to reach 827.89 EH/s, with miner revenue from transaction fees peaking in April due to increased activity in the Runes protocol [13] - Altcoin mining saw notable growth, with Litecoin's annual output value reaching $136 million and Dogecoin contributing significantly through merged mining [14] - Over 56% of Bitcoin mining energy was sourced from renewables, with North America and Africa emerging as key mining hubs [15] MEME Coins and Community-Driven Innovation - The MEME coin market flourished in 2024, driven by strong community support and innovative narratives, with categories like Political MEMEs and AI MEMEs gaining traction [16] - Platforms like pump.fun showcased MEME-driven Super DApps as a blueprint for blockchain innovation [16] AI and Blockchain Integration - AI and blockchain integration accelerated in 2024, with AI-driven crypto ecosystems leveraging blockchain's decentralized and transparent features [17] - The total market capitalization of AI Agents reached $16.7 billion by Q4, signaling early-stage growth potential [17] Institutional Adoption and TradFi Integration - Institutional interest in cryptocurrencies deepened in 2024, with Bitcoin ETFs and Ethereum ETFs driving $35.3 billion and $2.6 billion in inflows, respectively [18] - Tokenization of real-world assets (RWAs) surged, with market share rising to 26.7%, and stablecoins like USDe and USDY bridged the gap between TradFi and DeFi [18] Regulatory Landscape - Regulatory developments in 2024 included the U.S. approving the first physical Bitcoin ETF and the European Union implementing the MiCA framework [19] - Global efforts toward regulatory standardization, led by the G20 Summit, emphasized collaboration and innovation [19] Outlook for 2025 - Technological breakthroughs, including AI infrastructure, privacy computing, and cross-domain applications, are anticipated to drive the next wave of innovation [20] - The cryptocurrency market is expected to continue evolving with advancements in Layer 2 solutions, AI integration, and regulatory frameworks [21]
Global Pharma & Biotech CRM Software Market To Surpass Valuation of US$ 20.0 Billion by 2033 | Astute Analytica
GlobeNewswire· 2025-01-17 08:30
Rapid advancements in technology and heightened regulatory requirements are propelling growth in the pharma and biotech CRM market, emphasizing the need for integrated, efficient, and compliance-focused solutions.New Delhi, Jan. 17, 2025 (GLOBE NEWSWIRE) -- The global pharma & biotech CRM software market was valued at US$ 7.21 billion IN 2024 and is projected to reach US$ 20.0 by 2033 at a CAGR of 15.2% during the projection period of 2025-2033. Download Free Sample Copy @ https://www.astuteanalytica.com/re ...
Pulsar Helium Commences Drilling of the Jetstream #2 Appraisal Well at the Topaz Project in Minnesota, USA
GlobeNewswire· 2025-01-17 07:00
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR TO BE TRANSMITTED, DISTRIBUTED TO, OR SENT BY, ANY NATIONAL OR RESIDENT OR CITIZEN OF ANY SUCH COUNTRIES OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION MAY CONTRAVENE LOCAL SECURITIES LAWS OR REGULATIONS. CASCAIS, Portugal, Jan ...
BW Energy: Q4 2024 operational update
GlobeNewswire· 2025-01-17 07:00
Operational Update - BW Energy will publish Q4 2024 financial figures on 31 January 2025 and the full audited annual report on 26 February 2025 [1] - Net production in Q4 2024 was 3.1 million barrels (33,600 bbls/day), with full-year production reaching 10.0 million barrels, in line with guidance [1] - Production came from the Dussafu licence in Gabon (73.5% working interest) and the Golfinho field in Brazil (100% working interest) [1] Production and Sales - Q4 2024 net production increased to 3.1 million barrels from 2.4 million barrels in Q3 2024 [2] - Dussafu production rose to 2.5 million barrels in Q4 from 1.9 million barrels in Q3, while Golfinho production increased to 0.6 million barrels from 0.5 million barrels [2] - Net volume sold in Q4 was 3.2 million barrels, up from 2.5 million barrels in Q3, with Dussafu accounting for 2.7 million barrels and Golfinho for 0.5 million barrels [2] - Average realised prices for Dussafu and Golfinho were USD 72.5/bbl and USD 73.5/bbl respectively, down from USD 82.0/bbl and USD 81.7/bbl in Q3 [2] Operational Highlights - Record quarterly production since inception, with three liftings completed as planned [5] - Operating cost (excluding royalties) was USD 18.5/bbl [5] - Net volume sold included 97,500 bbls of DMO deliveries and 311,429 bbls of state profit oil, with an under-lift position of 248,700 bbls at period-end [5] - ESP replacement program completed, with eight producing Hibiscus/Ruche wells from 2 January 2025 and a gross production target of 40,000 bbls/day [5] - Two new wells brought online in Q4, three workovers completed, and one workover completed in early January [5] - BW Adolo FPSO operations transition ongoing, with completion planned for 1H 2025 [5] - Inventory at period-end was 440,500 bbls [5] Financials and Liquidity - Q4 net loss from oil derivatives was USD 3.8 million, comprising a USD 4.9 million unrealised loss and a USD 1.1 million realised gain [8] - Period-end cash balance increased to USD 221 million from USD 209 million at end-September 2024, reflecting cash flow from operations, debt repayment, and investments [8] - Period-end gross debt stood at USD 563 million, including MaBoMo lease, Dussafu RBL, Golfinho prepayment facility, and bond debt [8] Company Overview - BW Energy is a growth E&P company with a strategy targeting proven offshore oil and gas reservoirs through low-risk phased developments [6] - The company has interests in multiple fields, including Dussafu (73.5%), Golfinho (100%), BM-ES-23 (76.5%), Maromba (95%), and Kudu (95%) [6] - Total net 2P+2C reserves and resources were 580 million barrels of oil equivalent at the start of 2024 [6]
Norsk Hydro: Hydro's fourth quarter results 2024
GlobeNewswire· 2025-01-17 07:00
Earnings Release and Webinar Details - Hydro's Q4 2024 results will be released on February 14, 2025, at 07:00 CET, followed by the annual report at 08:00 CET [1] - The quarterly report, presentation slides, and annual report will be available on hydro com simultaneously with the releases [1] - President and CEO Eivind Kallevik, along with CFO Trond Olaf Christophersen, will host a webinar at 08:30 CET on the same day, featuring a Q&A session [2] - The webinar will be conducted in English, with no physical presentation or press conference [2] - Participants must register on the webcast page to join the webinar and ask questions, with a confirmation email sent upon registration [2] - The webcast is powered by Livestorm, and participants are advised to check for any company restrictions on using this platform [3] Investor Contact Information - For investor inquiries, contact Martine Rambøl Hagen at +47 91708918 or martine rambol hagen@hydro com [4]
Invitation to presentation of Scatec ASA’s fourth quarter results 2024
GlobeNewswire· 2025-01-17 07:00
Oslo, 17 January 2025: Scatec ASA will release its fourth quarter results on Friday 31 January 2025 at 07:00 am (CET). A presentation of the results followed by a Q&A session will be held on the same day at 09:00 am at Scatec’s headquarters at Skøyen Atrium III (1st floor), Askekroken 11, 0277 Oslo. The presentation and the Q&A session can be followed through a live webcast from our website www.scatec.com, or Scatec webcast Q4 2024. For further information, please contact:For analysts and investors: Andreas ...
IBA announces Chief Financial Officer transition
GlobeNewswire· 2025-01-17 06:00
Louvain-La-Neuve, Belgium, January 17, 2025 - IBA (Ion Beam Applications S.A., EURONEXT), the world leader in particle accelerator technology and the world’s leading provider of proton therapy solutions for the treatment of cancer, today announces that Soumya Chandramouli will be stepping down from her role as Chief Financial Officer (“CFO”), effective 31 January 2025. Henri de Romrée, Deputy CEO, will oversee the financial direction at Group level until a new CFO has been appointed. Thomas Pevenage, Finan ...
Gravity Game Hub Announces Ragnarok Idle Adventure Plus Pre-Registration Is Now Live!
Prnewswire· 2025-01-17 06:00
SINGAPORE, Jan. 17, 2025 /PRNewswire/ -- Gravity Game Hub (GGH) PTE.LTD, a subsidiary of GRAVITY Co., Ltd. (NasdaqGM: GRVY) began pre-registration for its widely anticipated AFK mobile game, Ragnarok Idle Adventure Plus.Ragnarok Idle Adventure Plus pre-registration is available in over 150 countries through the Apple App Store, Google Play Store, and Huawei App Gallery starts from January 15th 2025. Ragnarok Idle Adventure Plus Pre-Registration Ragnarok Idle Adventure Plus is a new Idle RPG mobile game ...
Innoviti Allocates Additional Rs. 25 Cr. of ESOPs in Preparation for its Proposed IPO
GlobeNewswire· 2025-01-17 05:39
(Allocation provides a wealth creation opportunity to every employee) BENGALURU, India, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Innoviti Technologies Pvt. Ltd., India’s largest payments-centric retail SaaS platform for enterprise brands and their SME channel partners, announced today that in preparation for its IPO it has carried out an additional allocation of Rs. 25 Cr. of ESOPs to 110 employees. With this the total allocation to employees now stands at Rs. 106 Cr.50% of the allocation is towards bringing all ...
Mayors from China, ASEAN discuss urban openness, cooperation
GlobeNewswire· 2025-01-17 05:30
NANNING, China, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Mayors, representatives and experts from China and ASEAN countries have gathered in Nanning, capital of south China's Guangxi Zhuang Autonomous Region, to discuss urban openness and cooperation during a dialogue that opened Thursday. Hosted by the Information Office of the People's Government of Guangxi Zhuang Autonomous Region, themed "Building a China-ASEAN Community of Friendship: Urban Openness and Cooperation," the "Global Mayors Dialogue -- Nanning" ev ...