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Federal Reserve Leaves Rates Unchanged, Eyes Future Cuts

Benzinga

By Cboe In the most recent Federal Reserve Open Market Committee (FOMC) meeting at the end of July, the committee decided to maintain the target range for the federal funds rate at 5.25% to 5.50% and to continue reducing their securities holdings. An Economy In Flux Though the FOMC cited recent signs of an improving economy as the basis for its policy decision, the release of the July 2024 jobs report on Friday, August 2nd, upended market sentiment. As detailed in the report, U.S. employers added just 114,000 jobs in July – 35% fewer than expected – and unemployment, now at 4.3%, is the highest since October 2021. This incoming data initiated many conversations about the Sahm rule, which posits that if the jobless rate, based on a three-month average, is a half percentage point above its lowest point over the previous 12 months, the economy has tipped into a recession. Friday’s jobs report technically meets the Sahm rule's criteria. The jobless rate in July rose from 4.1% to 4.3%, ticking the three-month average more than a half point above the 3.6% average one year ago. Against this backdrop, the sell-off on Friday was driven by the belief that the FOMC has delayed in reducing rates and a recession is nearing. Interestingly enough, Claudia Sahm, the economist for whom the Sahm rule was named, wrote in a recent post that clarified the interpretation of the statistic, stating, “A recession is not imminent, but the risks of a recession have risen.” The Interconnectedness Of Markets: The Japan Carry Trade Effect While the jobs report shifted market sentiment on Friday, the Bank of Japan's recent action to raise its benchmark rate from 0.10% to 0.25% was part of the impetus for the drawdown in U.S. equity markets on Monday. How was this possible? Because of the yen carry trade. Macroeconomic conditions determining the relationship between Japan and the United States have shifted. Since early 2023, the Federal Reserve has increased interest rates, while the Bank of Japan has kept its rates close to zero. This difference made the yen less attractive, allowing investors to borrow cheaply in yen and invest in higher-yield assets, such as U.S. equities – particularly “Magnificent Seven” companies. This practice, known as the carry trade, pushed the yen's value down further. A weaker yen boosted the earnings of Japan's export-driven companies as their foreign earnings became more valuable in yen. With the Bank of Japan enacting tighter monetary policy, traders are forced to close their positions due to the appreciation of the yen; causing a sharp market decline. Japan's stock market, led by export-oriented companies, has been particularly affected, as these companies benefited from a weaker yen both through competitive pricing and higher reported earnings from abroad. The Possibility Of Future Rate Cuts While many market participants and individuals have been calling for a rate cut, recent occurrences have raised the decibel level of those voices. In the press conference following the recent FOMC meeting, Federal Reserve chair Jerome Powell signaled the possibility of a rate cut by stating, “A rate cut could be on the table in the September meeting.” However, Powell also tempered expectations by saying he “can imagine a scenario in which there would be everywhere from zero cuts to several cuts” over the remainder of the year, “depending on the way the economy evolves.” With the adverse change in market sentiment and Monday’s U.S. equity drawdown, Chicago Federal Reserve President Austan Goolsbee intimated that the Federal Reserve would react to signs of economic weakness and indicated that interest rates could be too restrictive now. Based on the CME Group’s FedWatch, there is a growing probabilistic belief that a rate cut will occur in FOMC’s September 2024 meeting. Managing Volatility Stemming From Uncertainty For investors looking to navigate potential market volatility, index options offer the opportunity to trade based on one’s directional view – bullish, bearish or neutral – of the overall market. For example, if an investor has a strong view of how the broad stock market will move, they could consider trading index options on the S&P 500® ( SPX ). Index options provide investors with the right, but not the obligation, to buy or sell the index at a predetermined price before the option's expiration date. Due to their inherently leveraged nature, these instruments amplify the potential for high returns and the level of risk. The pricing of these options is influenced by several factors, including the underlying index's price, the strike price, time to expiration, interest rates, dividends and implied volatility. Cboe Global Market’s (CBOE: CBOE) Cboe Volatility Index® ( VIX® ) Options allow investors to trade or hedge against the volatility of the U.S. stock market, as measured by the Cboe Volatility Index® (VIX®). VIX Index Options are powerful tools for investors looking to trade or hedge against market volatility. They provide a way to gain exposure to the expected future volatility of the market, offering opportunities for speculation, hedging and diversification. Much uncertainty remains in the current U.S. economic landscape, with potential developments on the horizon capable of shifting market sentiment either way. Index options can provide investors with the tools to mitigate or capitalize on volatility stemming from uncertainty for the benefit of their portfolio. Featured photo by Etienne Martin on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

August 09, 2024 08:35 AM Eastern Daylight Time

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Apis Cor’s Revolutionary 3D-Printed Houses Could Help Revolutionize Construction, Solving Key Social Issues Like A Labor And Housing Shortage

Benzinga

By James Blacker, Benzinga The United States is currently facing a severe housing shortage driven by years of underbuilding relative to demand from a growing population. Estimates indicate that the deficit ranges between 4 million and 7 million homes. To put this into perspective, America’s largest homebuilder, D.R. Horton, has built just about 1 million homes during its entire 45 years of operation. Factors contributing to the current dearth of houses include a crippling labor shortage, rising material costs and supply chain issues, all factors that were exacerbated by the COVID-19 pandemic. The housing crisis has prompted the need for innovative solutions to boost construction rates. The use of 3D printing technology is one potential solution offered by companies such as Apis Cor, who are leading the way in this transformative shift in the construction industry. A New Way Of Building For A Changing Labor Landscape The construction industry is short of some 500,000 workers in the U.S. this year. Many workers are retiring, while younger generations are showing less interest in traditional construction roles. This generational shift is not unique to construction but is having a profound impact on many industries. 3D printing technology offers a compelling solution to this problem by automating the construction process and eliminating the need for a large crew. Apis Cor’s technology, for example, requires a maximum crew of just two people to operate, in contrast to a 10-person crew that would be needed for traditional construction methods. Not only does this address the labor shortage issue, but also makes construction more efficient and cost-effective. Advantages Of 3D Printing In Construction 3D Printing, also known as additive manufacturing, is the construction of three-dimensional objects from digital models by depositing materials in successive layers. In construction, large-scale 3D printers layer materials such as concrete or mortar until the walls are complete. This innovative approach allows for intricate building designs that were previously impossible, opening new possibilities in architectural creativity. The potential for 3D printing in construction is significant. Not only does it require a smaller workforce, but it can also lower material costs, increase construction speed and optimize logistics. Apis Cor says they can currently 3D print the wall structures for a standard single-family house within five days instead of the weeks that conventional labor-intensive methods typically take. Apis Cor is eyeing a piece of an industry estimated to be worth over $53 billion by 2032. The company develops proprietary 3D printing technology that it says is capable of printing buildings of any square footage, with a potential cost reduction of up to 30% (which depends on many factors like design and location etc.) compared to conventional construction methods and at triple the speed. Apis Cor has already printed buildings in Boca Chica, TX, and Melbourne, FL, and aims to bring automated construction to every builder in America. The company has also deployed its printing robots in Dubai, where it reports holding the accolade of constructing the largest 3D-printed building in the world, which is a two-story, 31 ft tall building with 6,400 square feet of living area One of the most interesting aspects of Apis Cor’s technology is the ability to operate the 3D printers remotely. In a recent test, an operator based in California successfully controlled a printing process happening in Florida. This capability opens the possibility for around-the-clock operation and increased productivity. Remote operation is particularly beneficial for constructing buildings in remote or disaster-stricken areas, where traditional construction teams face logistical challenges, apart from its potential in construction for military operations. Apis Cor is currently in its pre-IPO stage and has already raised over $3.5 million from over 2,000 investors. For those looking to capitalize on what could be the future of construction, this funding round could be an interesting opportunity to support a company at the forefront of a homebuilding revolution. Click here to find out more about the company and how to invest. Featured photo by Binyamin Mellish on Pexels. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. The preceding post was written and/or published as a collaboration between Benzingaâs in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. Benzinga may receive monetary compensation from the issuer, or its agency, for publicizing the offering of the issuerâs securities. This content is for informational purposes only and is not intended to be investing advice. This is a paid ad. Please see 17b disclosure linked in the campaign page for more information. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

August 09, 2024 08:35 AM Eastern Daylight Time

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The Next 6 Months Could Be Big For This Lithium Miner

Benzinga

By Johnny Rice, Benzinga Francis MacDonald, CEO of Li-FT Power (OTC: LIFFF) (CVE: LIFT), was recently a guest on Benzinga’s All-Access. Li-FT is a mineral exploration company engaged in the acquisition, exploration and development of lithium pegmatite projects in Canada. The company’s flagship project is the Yellowknife Lithium Project located in the Northwest Territories. Li-FT also holds three early-stage exploration properties in Quebec, Canada, which it says have excellent potential for the discovery of buried lithium pegmatites, and also the Cali Project in the Northwest Territories within the Little Nahanni Pegmatite Group. The company recently released data gathered from the Yellowknife Project showing high concentrations of lithium. Watch the full interview here: Featured photo by MiningWatch Portugal on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

August 09, 2024 08:30 AM Eastern Daylight Time

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Justin Sun Delivers Keynote and Fireside Chat at ABS2024, TRON DAO Featured as Title Sponsor

TRON DAO

Geneva, Switzerland, August 9, 2024 - The Asia Blockchain Summit 2024 ( ABS2024 ), featured TRON DAO as a Title Sponsor and welcomed TRON founder Justin Sun to deliver a keynote speech. Sun also participated in a thought-provoking fireside chat with Song Hongbin, author of "Currency Wars". The summit convened leaders from Web3, and various industries to explore and discuss the future of Blockchain, AI, and the Future of Governance. ABS2024 was held in Taipei from August 6-8 at the Taipei Nangang Exhibition Center. Taiwan has long been at the forefront of technology discussions, and this summit featured a distinguished lineup of keynote speakers and panelists, including Vitalik Buterin, founder of Ethereum; Song Hongbing, author of “Currency Wars”; and actor Joseph Gordon-Levitt. This significant gathering underscores the growing global interest in Taiwan as a leading center for Web3 innovation. TRON DAO and ABS successfully hosted Masterminds, the Official VIP & Speakers Only Reception at ABS2024 on August 6th. The exclusive opening night drinks reception at the iconic Ce La Vie Taipei offered breathtaking panoramic views of the city, complemented by exquisite cocktails, music, and delectable cuisine. August 7th, Justin Sun, Founder of TRON, delivered a keynote speech highlighting the positive impact TRON is making by bridging the crypto and traditional financial worlds. He discussed TRON's progress in payments and financial inclusion. Sun also participated in a fireside chat with Song Hongbin, a renowned scholar on financial history, for an in-depth discussion on their philosophy of “Money and digital assets.” Dave Uhryniak, Leader of Ecosystem Development at TRON DAO, also participated in a compelling panel discussion titled “How to Leverage Community Power for the Next Leg Up.” This discussion explored the benefits of community and collaboration in achieving collective success. The session emphasized mutual support and shared progress, resonating with audiences interested in community-building and cooperative achievements. As TRON DAO continues its mission to decentralize the internet through innovative blockchain solutions, it remains steadfast in nurturing strong community ties and fostering global innovation. Participation in ABS2024 underscores TRON DAO’s dedication to shaping the future of decentralized technologies and its ongoing commitment to advancing education in the blockchain sector. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of August 2024, it has over 247 million total user accounts on the blockchain, more than 8 billion total transactions, and over $22 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Yeweon Park press@tron.network Contact Details Yeweon Park press@tron.network Company Website https://trondao.org/

August 09, 2024 07:00 AM Eastern Daylight Time

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Canada’s Gift Baskets Unveils New Line of Corporate Gift Baskets

Rev Up Marketers

Canada’s Gift Baskets is excited to announce the launch of its new line of corporate gift baskets, designed to enhance business relationships and recognize employee achievements. The new collection, available now, features a variety of high-quality, customizable gift baskets suitable for any corporate occasion. The corporate gift baskets from Canada’s Gift Baskets offer a sophisticated selection of gourmet treats, luxury items, and customizable options to cater to the unique needs of businesses. These baskets are perfect for client appreciation, employee recognition, corporate events, and holiday gifts. "We understand the importance of making a lasting impression in the business world," said Paul Dolabjian, CEO of Canada’s Gift Baskets. "Our new corporate gift baskets are curated with premium products and are customizable to reflect the values and branding of any company." Key features of the new corporate gift basket line include: Premium Quality Customization Options Variety of Choices Nationwide Delivery Canada’s Gift Baskets is committed to providing exceptional service and high-quality products. The launch of the new corporate gift baskets line underscores the company’s dedication to helping businesses build and maintain strong professional relationships. For more information about the new corporate gift baskets, visit Canada’s Gift Baskets. About Canada’s Gift Baskets Canada's Gift Baskets is a leading provider of premium gift baskets and hampers, renowned for its dedication to quality, creativity, and customer satisfaction. Based in Toronto, ON, Canada, the company has been serving customers across the nation for over a decade, offering a diverse range of beautifully curated gift baskets for every occasion, from personal celebrations to corporate events. Canada’s Gift Baskets has earned a reputation for its exceptional service, from the meticulous creation of each gift basket to the reliable and timely delivery. Whether it’s for a holiday, a milestone celebration, or to strengthen business relationships, Canada’s Gift Baskets offers the perfect solution for all gifting needs. With the launch of its new corporate gift basket line, Canada’s Gift Baskets continues to demonstrate its leadership in the industry, offering businesses across Canada a sophisticated and customizable way to show appreciation and recognize achievements. Contact Details Canada Gift Baskets Paul Dolabjian contact@canadasgiftbaskets.ca Company Website https://canadasgiftbaskets.ca/

August 09, 2024 06:33 AM Eastern Daylight Time

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Copper Property CTL Pass Through Trust Files Quarterly Report for the Period Ended June 30, 2024

Copper Property CTL Pass Through Trust

Copper Property CTL Pass Through Trust (“the Trust”) has filed its Quarterly Report on Form 10-Q for the quarter ended June 30, 2024. As previously announced, the Trust will host a live conference call to discuss its recently filed financial and operating results. Additional information, including the Trust’s Monthly and Quarterly Reports, as well as other filings with the Securities and Exchange Commission (“SEC”) can be accessed via the Trust’s website at www.ctltrust.net. Conference Call Details: DATE: Tuesday, August 13, 2024 TIME: 11:00 am CDT | 12:00 pm EDT DIAL-IN: U.S. & Canada Toll Free: (877) 841-2983 or International (215) 268-9893 WEBCAST: www.ctltrust.net via the Investor Relations Section or click here to access REPLAY (Available for 30 days): U.S. & Canada Toll Free: (877) 660-6853 / International: (201) 612-7415 Conference ID#: 13748365 Telephone Replays will be made available approximately 3 hours after the conference end time. Participants will be required to state their name and company upon accessing the replay. About Copper Property CTL Pass Through Trust Copper Property CTL Pass Through Trust (the “Trust”) was established to acquire 160 retail properties and 6 warehouse distribution centers (the “Properties”) from J.C. Penney as part of its Chapter 11 plan of reorganization. The Trust’s operations consist solely of owning, leasing and selling the Properties. The Trust’s objective is to sell the Properties to third-party purchasers as promptly as practicable. The Trustee of the trust is GLAS Trust Company LLC. The Trust is externally managed by an affiliate of Hilco Real Estate LLC. The Trust is intended to be treated, for tax purposes, as a liquidating trust within the meaning of United States Treasury Regulation Section 301.7701-4(d). For more information, please visit https://www.ctltrust.net/. Forward Looking Statement This news release contains certain “forward-looking statements”. All statements other than statements of historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward looking terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “our vision,” “plan,” “potential,” “preliminary,” “predict,” “should,” “will,” or “would” or the negative thereof or other variations thereof or comparable terminology and include, but are not limited to, the Trust’s expectations or beliefs concerning future events and stock price performance. The Trust has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While the Trust believes these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond its control. These factors, including those discussed in the Trust’s Registration Statement on Form 10 filed with the Securities and Exchange Commission (the “SEC”), may cause its actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. For a further list and description of such risks and uncertainties, please refer to the Trust’s filings with the SEC that are available at www.sec.gov. The Trust cautions you that the list of important factors included in the Trust’s SEC filings may not contain all of the material factors that are important to you. In addition, in light of these risks and uncertainties, the matters referred to in the forward-looking statements contained in this news release may not in fact occur. The Trust undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. Contact Details Jessica Cummins +1 847-313-4755 jcummins@hilcoglobal.com Company Website https://ctltrust.net/about/default.aspx

August 08, 2024 04:15 PM Eastern Daylight Time

News Direct Highlights the Advantages of Its Modern Digital Content and News Distribution Platform in a New Marketing Campaign

News Direct

Contact Details News Direct Corp. Media at News Direct sales@newsdirect.com Company Website http://www.newsdirect.com

August 08, 2024 03:14 PM Eastern Daylight Time

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Back to School Ready 2024

News Media Group, Inc.

Contact Details News Media Group, Inc. Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/

August 08, 2024 01:33 PM Eastern Daylight Time

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HTX Kicks Off 11th Anniversary Celebration with Over 10 Million USDT in Rewards for Users

HTX

On August 8, HTX kicked off its 11th anniversary celebration with a series of events themed "Turning Trials to Triumph", with rewards totaling over ten million USDT to thank both new and existing users. HTX's 11th anniversary celebration features a wide range of products and services, such as, spot and futures trading, margin trading, and Earn. Event highlights include the Battle of Glory for KOLs, Summer Carnival Party, Futures Trading Contest, "Earn with Pending Orders", "Trade to Earn", Restaking, and more. Participants can share in a prize pool worth over ten million USDT and have a chance to win a free trip to TOKEN2049. * Event Details: https://www.htx.com.se/en-us/support/24977236188164 Event 1: Celebrate 11th Anniversary with HTX and Harvest Generous Rewards According to HTX's official announcement, from 03:11 UTC on August 8 to 03:11 UTC on September 8, users who complete designated tasks will unlock generous rewards, including token airdrops, futures trial bonuses, and cashback vouchers. Rewards can be accumulated. By completing 11 tasks, user will stand a chance to win a 2,000 USDT trip and a ticket to the meetup with Justin. These tasks include completing Level 3 KYC verification, depositing 100 USDT or more via P2P, reaching a cumulative spot trading volume of ≥100 USDT, joining the Futures Trading Contest, referring friends to sign up on HTX, trading on margin, participating in Liquid Restaking, joining "Trade to Earn", taking part in Learn & Earn and learning about CLORE, attending the 11th Anniversary Summer Carnival Party, and posting a blessing message in the HTX community. Participants are required to complete L3 KYC verification before they are eligible for this event. * Event Details: https://www.htx.com/en-us/mars/11year Event 2: HTX's 11th Anniversary Celebration: Join the Battle of Glory for KOLs and Win a Share of 200,000 USDT HTX’s official announcement reveals that the "HTX 11th Anniversary Celebration—Battle of Glory for KOLs", a special event running from July 16 to September 5, offers a prize pool of 200,000 USDT. This event is designed to celebrate HTX’s 11th anniversary and gives back to HTX affiliates, partner KOLs, and users. During the registration window from July 16 to July 31, HTX affiliates, partner KOLs, and users who successfully register on the event page will be rewarded with a random airdrop of up to 88 USDT in futures trial bonuses. The Battle of Glory for KOLs is scheduled from August 1 to August 31. Participants can compete for a total prize pool of 15,000 USDT by producing engaging content, bringing in new futures users, and gathering user votes. On September 11, HTX will announce the winners of four major awards during a livestream on HTX Live. The awards and corresponding prize pools are as follows: - 10 Most Popular KOLs will share a total prize pool of 2,000 USDT. - 30 Premier HTX Affiliates will divide a prize pool of 5,000 USDT. - 25 Best Creator KOLs will split a prize pool of 3,000 USDT. - 46 Most Influential Livestreamer KOLs will share a prize pool of 5,000 USDT. * Event Details: https://www.htx.com.bz/en-us/live/community/topic?topicId=296 Event 3: Celebrating HTX's 11th Anniversary: Trade Futures to Share 530,000 USDT and Win a Free Trip to TOKEN2049 As per HTX's official announcement, the platform will be launching a series of rewarding events for futures traders from 10:00 (UTC) on August 1 to 09:59 (UTC) on September 4. These events are open to all users, new and existing, and offer a total prize pool of a whopping 530,000 USDT and a free trip to TOKEN2049. See below for details: 1. Exclusive to New Futures Traders: New users or those who have not traded futures before the event can earn up to 2,012 USDT in futures trial bonuses by completing tasks like Beginner's Tasks, Deposit to Get Rewarded, Trade Futures Daily to Win Red Packets, and Welcome Gifts for HTX Copy Trading Newcomers. 2. Daily Check-In by Trading Futures: Futures traders who complete daily tasks will have a chance to win exciting prizes, including a free trip to TOKEN2049, an iPhone 15 Pro Max, and an Apple Vision Pro. 3. Futures Trading Contest: Compete in the Individual Challenge or the Team Challenge. The Individual Challenge takes place from 10:00 (UTC) on August 1 to 09:59 (UTC) on August 15. Participants who trade futures and achieve a cumulative trading volume of ≥500,000 USDT will qualify for the trading volume leaderboard. The top 100 futures traders will share a prize pool of 200,000 USDT in $HTX. The participant with the most trading volume will win an additional reward of a free TOKEN2049 trip. The Team Challenge allows teams to form between 10:00 (UTC) on August 5 and 09:59 (UTC) on August 15, with the actual challenge running from 10:00 (UTC) on August 15 to 09:59 (UTC) on September 4. In the team-up period, participants can opt to either create their own teams or become part of established ones. A team will be deemed successfully formed when it encompasses at least 5 members. During the challenge period, team members can bolster their team's trading volume by trading futures. The top 20 teams with the highest cumulative trading volume will qualify to share the prize pool of 300,000 USDT in $HTX. The leader of the team with the most trading volume will win an additional reward of a free trip to TOKEN2049. 4. Ace Lead Trader Contest: From 02:00 (UTC) on July 25 to 15:59 (UTC) on August 15, the top 10 futures traders ranked by PnL, PnL%, and followers' PnL will be eligible to win 1,000 USDT and other amazing prizes. Additionally, followers will receive 100% loss compensation on their first copied trade. * Event Details: https://www.htx.com.se/support/84976656946083 Event 4: Compete for $20,000 in $CLORE at HTX's CLORE Trading Contest Based on HTX's official announcement, from 10:00 (UTC) on August 2 to 10:00 (UTC) on August 16, HTX will be launching the CLORE Trading Contest, offering a prize pool of $20,000 in $CLORE. Throughout the event, users who visit the event page on any given day will be automatically enrolled in the event. Participants who trade CLORE spot trading pairs during the event period can share a prize pool of 181,818 $CLORE (worth 20,000 USDT) based on their trading volumes, with each individual eligible to win up to 7,272 $CLORE. please note that participants' CLORE/USDT margin trading volume made during the event period will be multiplied by 3 times for this event. * Event Details: https://www.htx.com.se/support/44976823004527 Event 5: Join the 11th Anniversary Summer Carnival Party to Win An 88 USDT Gift Pack and Exclusive HTX Merch According to HTX's official announcement, the Summer Carnival Party for HTX's 11th Anniversary will take place from August 5 to September 5. During the event, users who complete 5 tasks will be eligible to claim an amazing 88 USDT gift pack, containing platform offers, exclusive discounts, and more. Those who complete all 6 tasks will receive not only the gift pack but also an extra Mystery Box containing exclusive HTX merch or a 10 USDT futures trial bonus. Only 1,000 slots are available, distributed on a first-come, first-served basis! Tasks include: voting in the Battle of Glory for KOLs (participate in voting for 3 days); posting to send blessings; commenting to send blessings; sending blessings in the livestream room; joining a community group and send blessings; reaching a cumulative futures trading volume of 5,000 USDT. Please note that users need to click "Register Now" on the announcement page to participate in the event. * Event Details: https://www.htx.com/microapps/en-us/contract-transaction/h5/createInnovation?disableNav=YES&content=1 Event 6: Join the Trending Cryptos Margin Trading Carnival Month and Split 20,000 USDT HTX has unveiled the "Trending Cryptos Margin Trading Carnival Month" as part of its 11th-anniversary celebrations. Comprising four one-week phases, the event boasts a total prize pool of 20,000 USDT. See below for details: 1. From 03:11 (UTC) on August 8 to 03:11 (UTC) on September 8, participants who perform margin trading with any amount will have a chance to enter a lucky draw to win a trip worth 2,000 USDT and a ticket to meet Justin. 2. From 03:11 (UTC) on August 8 to 12:00 (UTC) on August 14, participants trading the designated cryptos (BTC/USDT, ETH/USDT, DOGE/USDT, SOL/USDT, XRP/USDT, PEPE/USDT, LINK/USDT, TRX/USDT, and LTC/USDT in both cross and isolated margin modes) and achieving a cumulative trading volume of at least 100,000 USDT will be eligible to share a prize pool of 5,000 USDT. Rewards will be distributed based on their cumulative margin trading volume. 3. Existing HTX users who have not engaged in margin trading from January 1, 2024, to July 30, 2024, will be eligible for zero interest on margin loans and 20%–30% cashback on trading fees if they perform margin trading between July 31, 2024, and August 31, 2024. * Event Details: https://www.htx.com.se/en-us/support/44976891938524 Event 7: Join Spot Grid Trading to Split 5,000 USDT To give back to users, HTX is launching a rewarding event for Trading Bot from 08:00 (UTC) on August 1 to 08:00 (UTC) on August 15. Participants can win a share of the 5,000 USDT prize pool by engaging in spot grid trading, either by cloning a strategy or creating a new one. See below for details: 1. During the event period, participants who have never engaged in spot grid trading will receive 5 USDT, provided that they perform their first spot grid trade by cloning a strategy or creating their own on Trading Bot with an investment amount ≥ 100 USDT and completed grid trades > 3. The first 200 eligible participants ranked by the creation time of grid trades will get rewarded. First come, first served! 2. During the event period, participants (i.e. new and existing users) have the chance to share 4,000 USDT, through spot grid trades by cloning a strategy or creating their own on Trading Bot with an investment amount ≥ 100 USDT and completed grid trades > 3. Rewards are distributed based on the proportions of participants' trading volume. * Event Details: https://www.htx.com.se/support/64976743228636 Event 8: "Earn with Pending Orders": Place BTC and ETH Orders to Split $150,000 in $HTX HTX's official announcement states that "Earn with Pending Orders" #4 will take place from 12:00:00 (UTC) on August 8 to 11:59:59 (UTC) on August 23. The event offers a prize pool of $150,000 in $HTX for those who place BTC/USDT and ETH/USDT limit orders in spot trading. The prize pool for BTC/USDT pending orders in spot trading boasts a total of 100,000,000,000 $HTX (equivalent to 100,000 USDT), with a daily prize pool of 6,666,666,667 $HTX. The prize pool for ETH/USDT pending orders in spot trading is 50,000,000,000 $HTX (equivalent to 50,000 USDT), with a daily prize pool of 3,333,333,333 $HTX. During the event period, the platform will take random snapshots of pending orders for BTC/USDT and ETH/USDT spot trades every minute. Based on these snapshots, the platform will separately calculate rewards for qualifying buy and sell orders placed within 0.5% of the execution price. These rewards can be accumulated throughout the event. The closer an order price is to the execution price, the higher the reward weight. Please note that users need to click "Register Now" on the announcement page to participate in the event. * Event Details: https://www.htx.com.se/en-us/support/44977262041553 Since its establishment, HTX has weathered the storms and experienced the ups and downs of the ever-evolving crypto market over the past 11 years. From humble beginnings to its current position as an industry leader, the platform has been a steadfast witness to and active participant in the rapid growth and transformative changes that have defined this sector. Moving forward, HTX aims to collaborate with users and partners globally to seize emerging opportunities and tackle the challenges of the crypto market, driving the industry toward more mature and robust development. About HTX Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3. Contact Details EE glo-media@htx-inc.com Company Website https://www.htx.com/

August 08, 2024 01:08 PM Eastern Daylight Time

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