Blockchain Press Releases
Global Times: Come and experience: Arab diplomats, officials explore Chinese modernization practices in dynamic, inclusive Shanghai
BEIJING, Aug. 5, 2023 /PRNewswire/ — Tamer M.A. Shehab, an official from the Palestinian Ministry of Foreign Affairs, experienced being a “pilot” during his recent trip to Shanghai.
At a local exhibition center of the G60 Science & Technology Innovation Valley (G60 valley), Shehab sat in a flight simulator of a passenger aircraft. He saw the vast blue sky through the windows on each side of the simulator.
The simulator was made by a Shanghai-based tech company, which also produces flight simulator equipment for China’s self-developed large passenger aircraft C919. After exiting the simulator, Shehab asked the exhibition center for information on the latest scientific and technological achievements of the G60 valley in the field of aerospace.
“They [the achievements] are the future,” he said.
The G60 valley in East China, containing Shanghai and its eight surrounding cities, is one of the country’s most urbanized economic belts and home to tens of thousands of innovative high-tech entities.
The valley’s exhibition center in a Shanghai suburb that Shehab visited is a must-see destination for many foreign officials and scholars who try to explore the experiences of the Chinese path to modernization in Shanghai.
The G60 valley showcases the latest technological developments in China, and supports sustainable economic development, said Iyad Zoukar, professor and deputy director of the Syrian Diplomatic Institute at Syria’s Ministry of Foreign Affairs and Expatriates.
“The innovative spirit and cutting-edge technologies showcased at the G60 valley were truly impressive,” Zoukar told the Global Times.
“It was fascinating to witness firsthand advancements in various fields there, such as in renewable energy, electric technology, and silicon chip manufacturing,” he recalled.
Zoukar and Shehab are among the delegation of officials who visited Shanghai early this summer under the “Seminar for Arab Officials by the China-Arab Research Center on Reform and Development (CARC)” or the “Seminar for Arab Diplomats in China by the CARC” programs.
Zoukar attended the 13th Seminar for Arab Officials held in early June, traveling over 4,000 miles from Syria to Shanghai.
Apart from G60 valley, the visit to Xiaotaoyuan Mosque was also a memorable experience to Zoukar.
“The Xiaotaoyuan Mosque served as a testament to the importance of promoting mutual understanding and respect among diverse communities,” said Zoukar. “It was inspiring to witness the peaceful coexistence of different religions in the city and learn about China’s policies on nationalities and religions.”
View original content:https://www.prnewswire.co.uk/news-releases/global-times-come-and-experience-arab-diplomats-officials-explore-chinese-modernization-practices-in-dynamic-inclusive-shanghai-301894057.html
Blockchain Press Releases
QCP Trading Receives In-Principle Approval for Major Payment Institution License in Singapore
Key development reinforces QCP Trading’s commitment to regulatory excellence in Singapore.
SINGAPORE, Nov. 11, 2024 /PRNewswire/ — QCP Trading Pte. Ltd. (“QCP Trading”), has received an In-Principle Approval (“IPA”) for a Major Payment Institution (“MPI”) License from the Monetary Authority of Singapore (“MAS”). The IPA represents an essential step toward full licensing, allowing QCP Trading to prepare to offer regulated spot trading services for digital payment tokens.
The IPA reinforces QCP Trading’s dedication to Singapore’s high regulatory standards, marking a key step towards the eventual goal of providing compliant, innovative, and efficient solutions for clients. QCP Trading aims to provide spot trading for a wide range of stablecoins and major digital tokens supported by its comprehensive on/off ramping services in multiple currencies. Leveraging 24/7 support, seamless API integration, dedicated voice trading capabilities and same-day settlement through its local banking partners, QCP Trading aspires to build a leading spot franchise and position itself as one of the most price-competitive players in the digital asset space.
“As we pursue the full MPI license, we remain focused on supporting Singapore’s growing reputation as a leader in digital asset regulation,” said Darius Sit, Founder of QCP Trading. “We take pride in our ability to remain agile and responsive to both global and local market conditions, which is the key to success in this rapidly evolving sector. This latest milestone for QCP Trading reinforces our belief in the importance of a strong regulatory foundation for sustainable growth and positioning ourselves to be a trusted partner of choice in the digital asset space.”
“QCP Trading aims to champion robust governance frameworks and our early recognition of the critical role of regulation has proven to be a strategic foresight,” Melvin Deng, Chief Executive Officer of QCP Trading added. “We reaffirm our dedication to fostering strong partnerships in Singapore and look forward to working closely with the MAS to achieve the MPI license.”
With Singapore at the core of its strategy, QCP Trading aims to grow the local team, prioritizing the recruitment of exceptional talent to facilitate its ongoing growth and ensure adherence to local regulations. QCP Trading is dedicated to delivering institutional-grade solutions in digital assets spot trading, positioning itself as a trusted partner in Asia and beyond.
About QCP Trading
QCP Trading is the dedicated OTC spot trading arm of QCP Group, providing institutional clients with secure, compliant, and efficient spot trading solutions. QCP Trading offers a wide array of services such as on/off ramping, seamless API integration, and personalized voice trading channels, ensuring a smooth and tailored trading experience with quick settlement times.
QCP Trading has received the IPA from MAS for an MPI License to provide digital payment token services for OTC spot trading in Singapore.
More information can be found at www.qcpgroup.com.
Media Contact
Elisha Thiara – [email protected]
View original content:https://www.prnewswire.co.uk/news-releases/qcp-trading-receives-in-principle-approval-for-major-payment-institution-license-in-singapore-302300858.html
Blockchain Press Releases
Bybit and Block Scholes Uncover Post-Election Bullish Sentiment: Traders Lean Into Leveraged Longs Amid Stabilized Market
DUBAI, UAE, Nov. 8, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, in partnership with Block Scholes, today released its latest post-election crypto derivatives analytics report. The report dives deep into the market behavior following the conclusion of the 2024 U.S. election, revealing a clear shift towards renewed bullishness and a strong appetite for leveraged long positions.
Market Behavior in Focus
With election uncertainty now behind, the report shows that traders are leaning strongly toward leveraged long positions, especially in perpetuals and futures contracts. Short-term volatility has decreased, and BTC’s price structure has leveled out, suggesting a more stable market. The steady trading activity over the weekend further highlights the ongoing strong interest in crypto assets.
Key Findings:
- Sharp Decline in Short-Term Volatility: As election uncertainty cleared, short-term implied volatility for both BTC and ETH witnessed a significant drop.
- Flattening of BTC Term Structure: While the term structure for BTC flattened, ETH’s evolved into a steeper curve, potentially reflecting increased long-term uncertainty surrounding Ethereum.
- Resurgence of Leveraged Positions: Following a pre-election reduction, leveraged positions have bounced back strongly. Open interest in both perpetuals and futures contracts has climbed, indicating a willingness to embrace risk once again.
- Record High Positioning: Despite the election risk subsiding, positioning across all markets is near all-time highs, showcasing a keen interest in maintaining leveraged long exposure as BTC reaches new records.
- Robust Trading Volumes: Trading volumes remained robust throughout the week, even over the weekend, highlighting sustained market activity.
- Renewed Interest in Directional Bets: Perpetual swap open interest mirrored the trend seen in futures contracts. A decline during pre-election turbulence was followed by a sharp rise as the election outcome became clear, suggesting renewed focus on directional bets to capitalize on positive post-election movement.
- Increased Options Interest: Despite subdued option trading volumes, open interest for BTC options has surged. This points towards a growing interest in positioning for potential long-term volatility in the aftermath of the election.
Access the Full Report:
Gain deeper insights and explore the potential impacts on your crypto trading strategies by downloading the full report here: https://learn.bybit.com/crypto-insight/bybit-x-block-scholes-crypto-derivatives-analytics-report-nov-6-2024/
#Bybit / #TheCryptoArk /#BybitResearch
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
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View original content:https://www.prnewswire.co.uk/news-releases/bybit-and-block-scholes-uncover-post-election-bullish-sentiment-traders-lean-into-leveraged-longs-amid-stabilized-market-302299985.html
Blockchain Press Releases
Canaan Upgraded Avalon Miner A15 Series with Superior Performance
SINGAPORE, Nov. 8, 2024 /PRNewswire/ — Canaan Inc. (NASDAQ: CAN), a leading provider of Bitcoin Miners, announced that the company had upgraded Avalon Miner A15 series mining machines. In April 2024, Canaan released its Avalon Miner A1566 air cooling machine with 185 TH/s hash rate and power efficiency ratio of 18.5 J/TH in Hong Kong. After continuous improvements in chips and embedded software in the past months, new Avalon Miner A15 series now features four models: 1, the high-end model Avalon Miner A15Pro with a hashrate no less than 215T and a power efficiency of 16.8J/T; 2, A15XP with a hashrate of 200-212T and a power efficiency of 17.8J/T; 3, A15 with a hashrate of 188-203T and a power efficiency of 18.8J/T; 4, A15SE with a hashrate of 170-185T and a power efficiency of 19.9J/T.
The upgraded Avalon Miner A15 series offers notable excellent hashrate with better power efficiency, to address the escalating computational requirements and meet the diverse demands from customers of different mining scales, in different mining environments, aiming to deliver a more efficient and stable mining experience for miners around the world.
Avalon Miner A15 series can be integrate seamlessly into Avalon Box with Canaan’s One-Stop Mining Solutions. Along with 24/7 multilingual support across over 20 countries, Canaan reaffirms its commitment to providing miners worldwide with fast, reliable, and efficient solutions for mining deployment and maintenance.
Avalon Miner A15 series can be ordered from now.
Click to order now: https://shop.canaan.io/products/avalon-miner-a15xp-206t
About Canaan Inc.
Established in 2013, Canaan Inc. (NASDAQ: CAN), is a technology company focusing on ASIC high-performance computing chip design, chip research and development, computing equipment production, and software services. Canaan has extensive experience in chip design and streamlined production in the ASIC field. In 2013, under the leadership of Mr. Nangeng Zhang, founder and CEO, Canaan’s founding team shipped to its customers the world’s first batch of mining machines incorporating ASIC technology in Bitcoin’s history under the brand name Avalon. In 2019, Canaan completed its initial public offering on the Nasdaq Global Market.
Media Contact: [email protected]
Disclaimer:
All provided data and parameters are based on laboratory results in a controlled environment. We do not guarantee that delivered product(s) will produce the same operating data and parameters when deployed in the field.
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View original content:https://www.prnewswire.co.uk/news-releases/canaan-upgraded-avalon-miner-a15-series-with-superior-performance-302299711.html
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