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News Release

Can Borroe Finance Over Take Meme Coins With its Real Life Utility?

Blockchain Digest

Recently, Binance announced that it would remove Dogecoin ($DOGE) and Shiba Inu ($SHIB) liquid swap from its liquidity pool on October 27, 2023. On the other hand, one of the best cryptocurrency exchanges in Japan recently listed these meme coins on its platform. Let’s delve in to find out if BorroeFinance ($ROE ) can overtake these meme coins in Q4 2023, according to experts’ forecasts. >>BUY $ROE TOKENS NOW<< BorroeFinance: Providing Short-term Liquidity to Web3 Participants BorroeFinance ($ROE) is an AI-powered fundraising marketplace that allows web3 businesses to generate instant cash by selling their future digital earnings to supportive communities at discounted prices. Experts believe BorroeFinance ($ROE) will eventually outperform Dogecoin ($DOGE) and Shiba Inu ($SHIB) because the platform offers real-life utility to DeFi companies as opposed to meme coins fueled by community interest only. BorroeFinance ($ROE) is selling for $0.015 in its second presale stage. According to analysts, BorroeFinance ($ROE) will hit the mainstream crypto market in the next few weeks and trade for $0.040. As a result, early BorroeFinance investors will see a massive 167% surge in the value of their $ROE tokens. >>BUY $ROE TOKENS NOW<< Dogecoin ($DOGE) Goes Live on Japanese Exchange On October 16, 2023, BitTrade, a leading Japanese exchange for top crypto coins, listed Dogecoin ($DOGE) on its platform. According to experts, this move will create more Dogecoin investors in Asia’s trillion-dollar economy. In addition, BitTrade also listed Shiba Inu ($SHIB) on the same day to satisfy the market’s demand for meme coins. Despite this development, Dogecoin ($DOGE) recorded no significant price surge. On October 14, $DOGE traded at $0.05931. A week later, $DOGE surged 3.19% to trade at $0.06123. According to analysts, Dogecoin ($DOGE) may trade below $0.05800 in Q4 2023 due to Binance delisting Dogecoin’s liquidity pool. Binance Delists Shiba Inu Liquidity Pool Recently, Binance announced that it will delist 17 liquidity pools from its liquid swap program to ‘reduce slippage and provide users with better transaction prices.’ According to the announcement, the $SHIB/$BUSD pair and $DOGE/$BUSD pairs were among the 17 liquidity pools to be delisted on October 27. Thankfully, Shiba Inu ($SHIB) investors remained calm after this announcement, and there was no subsequent selling pressure. On October 14, $SHIB traded at $0.000007003. By October 21, Shiba Inu ($SHIB) traded at $0.000007105. Analysts believe Shiba Inu ($SHIB) will surge to $0.000007860 in Q4 2023 due to a recent whale accumulation of 22.3 billion Shiba Inu ($SHIB) tokens on October 19. Learn more about BorroeFinance ($ROE) here: Visit BorroeFinance Presale | Join The Telegram Group | Follow BorroeFinance on Twitter Contact Details Borroe Finance media@borroefinance.ai

October 26, 2023 02:31 PM Eastern Daylight Time

How Elicio Therapeutics Is Taking A Different Approach To Treating Cancers Like Colon Cancer, Expected To Be The Leading Killer Cancer By 2030

Benzinga

By Jeremy Golden, Benzinga Founded in 2011, Elicio Therapeutics Inc. (NASDAQ: ELTX) strives to use precision vaccines, immunomodulators and cell-based therapies to assemble cancer-killing immune responses against both blood and solid tumors. Elicio’s proprietary Amphiphile or “AMP” platform differentiates the company through the development of cancer immunotherapies for patients with limited treatment options and often poor outcomes. As the foundation for the various vaccine candidates in the biotech company’s pipeline, the AMP platform will help Elicio combat cancer and other diseases. Groundbreaking Platform Therapeutic vaccines are designed to train the immune system to recognize and destroy cancer cells by targeting tumor-specific antigens. These molecules are present on the surface of cancer cells, allowing the immune response to differentiate them from healthy cells. Tumor biology is complex, and it is difficult to identify effective target antigens. This is, in part, because the tumor microenvironment suppresses immune activity. Differentiating itself from competitors, Elicio Therapeutics is attacking this challenge head-on by re-engineering the body’s immune response to defeat cancer with potent lymph node-targeted immunotherapies and vaccines. Elicio’s AMP platform combines expertise in materials science and immunology to develop novel immunotherapies, including cell therapy activators, immunomodulators, adjuvants and vaccines to treat many aggressive cancers. The platform was first developed in the lab of Darrell Irvine, Ph.D., whose work as a Howard Hughes Medical Institute investigator and professor at the Koch Institute for Integrative Cancer Research at MIT has put him at the forefront of the field. A clinical-stage biotechnology company, Elicio Therapeutics has developed multiple cancer vaccine candidates, including: ELI-002 for KRAS-driven cancers caused by a mutation of the KRAS gene; ELI-007 for cancers involving mutant BRAF gene; and ELI-008 for cancers involving p53 hotspot mutations. “Looking to the future, our focus is on developing ELI-002 as a treatment for mutant KRAS (mKRAS)-driven cancers,” Chief Executive Officer Robert Connelly said in June after a reverse merger with Angion Biomedica Corp. “We are conducting clinical studies evaluating the 2-peptide and 7-peptide formulations of ELI-002 and are encouraged by the interim data that will be presented at ASCO, supporting ELI-002’s potential clinical utility in patients with high relapse risk pancreatic and colorectal cancers.” Vaccinating Against Cancer The Pancreatic Cancer Action Network estimates that about 95% of pancreatic cancer patients have the KRAS mutation, an error in a protein in normal cells that has the potential to cause cancer. By specifically targeting the KRAS mutation, prominent in patients with pancreatic and colon cancer, Elicio Therapeutics’ lead asset, ELI-002, is more promising than others in the clinical trial phase. Though further studies are needed to confirm its efficacy, the shot could improve survival for colon cancer, expected to be the number one cause of cancer deaths for people between 20-49 years of age by 2030, and pancreatic cancer, which has just a 12% survival rate after five years. Unlike other experimental cancer vaccines in development, the shot won't have to be customized to each patient, making it more affordable and readily available. Preclinical trials have shown that Amphiphiles target and concentrate an array of different immunogens in the lymph nodes, resulting in tumor or pathogen-targeted immunity. In one trial, an Elicio Therapeutics vaccine was given to patients with pancreatic and colorectal cancers. The results were promising, with 77% of patients experiencing a reduction in biomarkers that show the persistence of tumors. 32% of patients completely cleared those biomarkers. Elicio Therapeutics seems to be leading the charge toward vaccination against cancer. By combining expertise in immunology and immunotherapy, Elicio is precisely targeting and fully engaging the lymph nodes, the site in our bodies where the immune response to cancer is orchestrated. 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

October 26, 2023 09:25 AM Eastern Daylight Time

How Lytus Technologies (NASDAQ: LYT) Is Expanding Its Footprint From India To The USA

Benzinga

By Meg Flippin, Benzinga The internet is booming in India and is poised for more growth as 5G rolls out across the world’s most populous nation. As of the start of this year, there were over 1.2 billion internet users in the country. By 2050, that’s projected to grow to more than 1.6 billion. That’s a big market opportunity to bring cutting-edge internet services to the masses, which is what Lytus Technologies Holdings PTV. Ltd. (NASDAQ: LYT) is aiming to do. Lytus Technologies is a platform services company enriching the experience for users whether its streaming content, telemedicine or fintech services. The company reports that its ability to provide a cutting-edge platform regardless of the digital offering is what makes it so unique. The company operates telecasting, telemedicine and OTT platforms, leveraging its 5,000-kilometer network of installed fiber and broadband infrastructure to serve more than four million users in India and the USA. As one of the few Indian companies listed on the NASDAQ, Lytus potentially provides investors with a unique opportunity in the growing Internet market in India. Potentially Big Market Opportunity The opportunity for Lytus Technologies is large. India has the second largest pay-TV market in the world and the highest fintech adoption rate globally. The telehealth and telemedicine market in India is forecasted to reach $285.7 billion by 2027, growing at a compound annual growth rate (CAGR) of 26.6% over 2022-2030. That strong demand is showing up in Lytus’s results. The company, which was founded in 2017, has achieved positive EBITDA and $20 million in revenue. The market opportunity seems similar to China where Alibaba Group Holding Ltd. (NASDAQ: BABA), the e-commerce giant, dominates by leveraging its vast platform. As a company operating a similar model to the commerce giant, Lytus hopes to emulate AliBaba’s success in India. Lytus' business model is potentially disruptive but easily repeatable and scalable across geographies. Its recent launch of Lytus Studios is an example of how the company is leveraging technology to give consumers and businesses advanced internet services. Lytus Studios is a content creation and technology services business bringing virtual reality, augmented reality, mixed reality and extended reality to the film, video, commercial, corporate and digital markets. Growing Demand For Fintech Services Lytus Technologies has also forayed into fintech. The company recently launched a payment gateway for consumers in India. The initial rollout is focused on a B2B model, but it plans to expand the payment service to individual users in the next 12 months. Recognizing the big market opportunity, the company is investing $50 million to grow its fintech business in India during the next five years. Like the other markets it enters, technology underpins all its offerings and sets it apart from its rivals. "Over the course of the next several months, Lytus intends to expand the scope of its fintech services to include AI-driven next-generation payment platforms, P2P lending, blockchain, insurtech, digital shareholder services, cross-border payments, among other services. Lytus also plans to offer its subscribers e-wallet and credit card services using AI-based technology for personalized financial insights. Users will be able to set spending goals based on their priorities, earn rewards and leverage the features to develop good financial habits and achieve their long-term goals," said Huzaefa Lokhandwala, CEO of Lytus Fintech. The fintech opportunity alone is large given India is one of the fastest-growing fintech markets in the world, expected to hit $2.1 trillion by 2030 growing at a CAGR of over 18%. Acquisition Makes It Happen Lytus’s expansion is helped by its acquisition of a 51% stake in Sri Sai Cable and Broadband Private Ltd., the regional Multi Service Operator (MSO) based in Telangana, India. The MSO has a subscriber base of more than one million, giving Lytus Technologies a bigger presence in the Indian market. With 5G rolling out in India, Lytus Technologies is only scratching the surface in terms of what internet services it can offer. With 5G it can reach more customers, deliver enhanced connectivity, support a multitude of devices, introduce new and immersive applications and ultimately provide a superior broadband experience. All of that almost ensures it gets more subscribers as it attempts to become the Alibaba of internet streaming. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 26, 2023 09:25 AM Eastern Daylight Time

Football Season: Chef Aaron McCargo's Tips For a Flavorful Tailgate Spread

YourUpdateTV

More than half of Americans plan to throw or attend a game day party this football season, but even for those who love entertaining, it can be a hassle to play host, prep, and entertain a big group when you want to enjoy the game yourself. Recently, Chef Aaron McCargo Jr. conducted a satellite media tour to share game-changing tips to elevate your game day gathering. A video accompanying this announcement is available at: https://youtu.be/6AhIwAFuhls Game day season is officially kicked off and the watch parties have begun. Luckily DoorDash has everything you need for a party in one place - including food, groceries, alcohol, party decorations, and even football gear. Pro tip?let DoorDash handle the hosting so you can enjoy the game yourself. Whether tuning in to watch your team take the win over a shared meal, or hosting the ultimate game day watch party equipped with matching jerseys, DoorDash is making sure you don’t fumble this football season with exciting game day deals from national and local favorites. To help make game time orders even easier, DoorDash also launched the “Timeout, Order In” campaign with in-game ad spots that help you order seamlessly and access exciting ways to save between plays, all season long. To learn more about how DoorDash can help fans have the best football season, head to the DoorDash app or website to check out all the options and exclusive offers from restaurants, grocery stores, and retailers to help your watch party turn into a winning game day experience. About Aaron McCargo Jr. Aaron McCargo Jr. is a renowned American chef, TV host, restauranteur and culinary products expert and consultant. Aaron competed on and won season four of The Next Food Network Star, winning his own Food Network television show. Big Daddy’s House ranked as the number one “In the Kitchen” weekend show during its initial six-episode run. Food Network renewed the show for five more seasons. On Big Daddy’s House, Aaron shared his passion for big, bold flavors, fun, and family cooking while bringing a down-to-earth vibe and warm smile to the kitchen. Aaron has made numerous appearances across many of the top television talk shows and food shows including, the Today Show, The Talk, Steve Harvey, Rachel, Good Morning America, Dr. Oz, Queen Latifah Show and hit Food Network shows such as The Best Thing I Ever Ate and Guy’s Grocery Games. Most recently, Aaron served as a regular expert on Spike TV’s Bar Rescue and the spin off show Back to the Bar, and shared his culinary products expertise on QVC with their Cook’s Essentials brand. Outside of television, Aaron is the author of cookbook, Simply Done, Well Done and has his own spice and sauce line, The Sauce / The Spice (TM). Aaron is also the founder of the nonprofit organization, PlayToWin, a mentoring program that provides services to at-risk male youth ages 14-24. Aaron is a father of three and currently resides in South Jersey. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

October 26, 2023 08:50 AM Eastern Daylight Time

Video

Litesport Collaborates with Qualcomm to Create AI-Based Fitness Experience for Snapdragon Summit 2023

Litesport

Litesport, a leader in mixed reality fitness experiences, has partnered with Qualcomm Technologies, Inc. to create an artificial intelligence (AI) based fitness routine demonstration built on Snapdragon Spaces™ XR Developer Platform and utilizing Snapdragon Seamless, to showcase a cross-device experience at Snapdragon Summit. This experience consolidates AI-based body pose data from the reference smartphone, powered by the new Snapdragon® 8 Gen 3 Mobile platform, and the biometric data from the smartwatch, powered by the Snapdragon W5 Gen 1 Wearable platform, and uses wireless Snapdragon AR2 powered smart glasses to allow the user to take part in an immersive fitness experience in AR with real-time feedback on corrective actions powered by ASENSEI. Litesport has established itself as a frontrunner in the realm of mixed reality technology development. Launched in 2020 as a connected fitness product, the company has transformed and adapted with the evolving landscape of the fitness industry. With a commitment to innovation and a track record of pioneering advancements, Litesport has consistently pushed the boundaries of what is possible in merging the physical and digital worlds. Their dedication to creating immersive, interactive, and personalized mixed reality experiences is evident in their groundbreaking applications across various industries. "At Qualcomm Technologies, we are driven by our commitment to push the boundaries of technology and enrich people's lives. Collaborating with Litesport to build an XR fitness routine experience on Snapdragon Spaces was a natural choice, as they share our vision for creating transformative experiences. Together, we are showcasing the incredible potential of immersive technologies that merge our physical and digital spaces. Litesport's expertise in innovative fitness experiences helps to bring to life our mission of ushering in a new era of spatial computing," said Hugo Swart, VP and GM, XR, Qualcomm Technologies, Inc. Highlights: Real-time adaptive content provides adjusted trainer responses based on your performance. Integration with ASENSEI software captures the motion of users and analyzes their movement in real-time, enabling personalized health and fitness experiences and form corrections by the trainer with personalized form corrections in the moment. Biometric feedback collects and analyzes physiological data from the user in real-time, in order to provide valuable information about an individual's workout. This feedback is used to monitor and assess various aspects of the users health, performance, and well-being. Augmented Reality enhances the real-world environment of the user by overlaying digital information onto the user's view of the physical world. In the demo, AR brings a personal trainer into your physical world to provide an interactive and effective training experience. About Litesport: Litesport is a leading developer of innovative fitness and wellness solutions that leverage virtual reality and mixed reality technologies to enhance the way people exercise and stay active. With a passion for redefining fitness experiences, Litesport is committed to making fitness more accessible and engaging for everyone. Snapdragon, Snapdragon Spaces, and Snapdragon Seamless are trademarks or registered trademarks of Qualcomm Incorporated. Snapdragon and Snapdragon Spaces are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Contact Details Litesport Victoria Scott tori@liteboxer.com Company Website https://litesport.com

October 25, 2023 03:00 PM Eastern Daylight Time

Video

Kate Hudson Joins Symbiome as Creative Advisor

Symbiome

Symbiome ™, the pioneering microbiome research & development skincare brand announced today that actress and entrepreneur Kate Hudson joined the company as a Creative Advisor. As an avid Symbiome customer, Hudson will join Symbiome’s team of scientists and executives as they develop the next generation of microbiome products in consumer verticals ranging from skin to gut and oral health. Symbiome addresses the root causes of inflammatory disease in global populations, with a core mission to restore health by studying the ancestral human microbiome. With health as the primary design parameter for consumer product development, Symbiome’s eponymous skincare business is the first result of over five years of advanced microbiome research. "Kate and I are both passionate about the importance of the microbiome to our health and well-being,” says Larry Weiss, natural products chemist, Stanford-trained MD, and the CEO and Founder of Symbiome. “We are committed to developing scientifically validated products with the highest standards that help people understand and unlock the potential of the microbiome to improve their health. I am thrilled to welcome Kate to the Symbiome team” “Almost immediately after I started using Symbiome skincare, I could see and feel the difference,” says award-winning actress and entrepreneur Kate Hudson. “I am proud and excited to join the brilliant and dedicated Symbiome team on their mission to improve health from the outside in. I look forward to a future where the products that we love also nourish our microbiome, enhancing our beauty and our health.” About Symbiome. Weiss Bioscience, Inc. is a San Francisco-based microbiome biotechnology company focusing on health and wellness and the developer of the Symbiome ® brand of BioIntact ® fermented skincare products. Weiss Bioscience has sponsored three international academic research expeditions deep into the Amazon rainforest, defining an evolutionary reference point for the human microbiome and transforming our understanding of the healthy microbiome. Symbiome scientists have translated this groundbreaking research into a unique line of proprietary skincare products formulated with naturally fermented Amazonian botanicals to restore what has been lost in the modern world. Symbiome’s skincare lineup includes ten clean, organic, sustainable, and traceable products, all with less than eight ingredients. Learn more about Symbiome, and follow Symbiome on Instagram, LinkedIn, and Facebook. Contact Details BPCM Archita Patel +1 281-725-2121 archita@bpcm.com Company Website https://www.symbiome.com

October 25, 2023 12:00 PM Eastern Daylight Time

News Release

Bitcoin, Solana and Borroe Finance Among Top Climbers

Blockchain Digest

With the crypto market finding the right footing based on the bullish momentum being witnessed, Borroe Finance ($ROE), Bitcoin (BTC), and Solana (SOL) are leading the pack based on a couple of reasons. >>BUY $ROE TOKENS NOW<< Borroe Finance With more than 115 million $ROE tokens already sold at the presale level, Borroe Finance is stamping its authority in the crypto space because its primary objective is changing the stakes in Web3 financing. $ROE is Borroe Finance’s native token and its adoption rate is going through the roof because in investors’ eyes, it’s a top crypto to buy. Since innovation pays, Borroe Finance is heeding the call by incorporating cutting-edge technologies, such as artificial intelligence (AI), non-fungible token (NFT), and blockchain to streamline the Web3 fundraising process. As a result, Borroe Finance is crafting a name for itself as one of the top DeFi projects because its peer-to-peer platform enables Web3 participants to get immediate cash needed to fund their projects by using their future incomes as collateral. Specifically, the future earnings are minted as NFTs, making revenue buying and selling easier. As a result, Borroe Finance is changing the odds in Web3 financing because one of its primary objectives is lowering the barrier to entry in this field. These factors are making Borroe Finance a top climber in the crypto space, making it one of the altcoins to watch. >>BUY $ROE TOKENS NOW<< Bitcoin (BTC) When it comes to the question of which crypto to buy today for long-term, Bitcoin is always top of mind for investors as the pioneer cryptocurrency. Despite the ups and downs witnessed in the crypto market, Bitcoin usually gets the upper hand based on the keen eye of both retail and institutional investors. For instance, the optimism engulfing the Bitcoin network about the approval of spot BTC exchange-traded funds (ETFs) by leading asset managers, such as Grayscale and BlackRock, is one of the factors triggering a bullish momentum in the ecosystem. Bitcoin has been trying for months to breach the psychological price of $30,000 in vain, but this fate was recently sealed. BTC was hovering around the $34,300 zone at the time of writing, according to CoinGecko data. Heightened on-chain activities have also played an instrumental role in Bitcoin’s price surge based on suggestions by leading market insight provider Glassnode. Solana (SOL) Based on a weekly increase of 35.5%, Solana is showcasing itself as one of the top climbers. SOL was trading at $30.4 at the time of writing, according to CoinGecko. Some of the factors triggering this spike entail heightened social dominance in the Solana network, according to leading on-chain provider Santiment. Therefore, SOL is experiencing growing excitement based on increased mentions, and this is proving to be bullish on the price. Furthermore, Solana is experiencing an uptick in trading volume and total value locked, as showcased by DeFiLlama data. Therefore, these factors are playing a pivotal role in making Solana one of the leading climbers in the crypto market, making it one of the top altcoins. Learn more about BorroeFinance ($ROE) here: Visit BorroeFinance Presale | Join The Telegram Group | Follow BorroeFinance on Twitter Contact Details Borroe Finance media@borroefinance.ai

October 25, 2023 10:25 AM Eastern Daylight Time

News Release

What's Drawing Holders of Shiba Inu and Ethereum Classic To Borroe Finance?

Blockchain Digest

Recent market data shows that the new DeFi project BorroeFinance ($ROE) is attracting a large number of fans from the crypto community. This report comes amid ongoing advancements within the Shiba Inu ($SHIB) and Ethereum Classic ($ETC) networks. Let's find out why investors are deflecting from top crypto coins to BorroeFinance ($ROE). Does it have what it takes to take over the realm of $SHIB and $ETC in 2023? >>BUY $ROE TOKENS NOW<< BorroeFinance: A Platform With Unparalleled Utility & Gains Due to the level of uncertainty permeating the crypto landscape, investors are massively hurtling towards BorroeFinance ($ROE). This transition stems from the fact that BorroeFinance ($ROE) offers a unique value proposition in terms of use cases and project value. As a utility token, $ROE will undoubtedly increase in value over time, making BorroeFinance one of the best cryptocurrency investment alternatives currently available. BorroeFinance serves as a marketplace for content creators within the Web3 domain to sell their subscriptions, invoices, and royalties for money. $ROE facilitates payment activities within the BorroeFinance ecosystem, such as gas fees and internal transactions. Businesses mint their future invoices as non-fungible tokens on the BorroeFinance platform and sell them off at reduced prices in the marketplace. Furthermore, BorroeFinance uses advanced technologies and blockchain solutions to ensure a seamless user experience. The platform adheres to the standards of Web3, ensuring that value is distributed equally among users. This system drives massive adoption of BorroeFinance ($ROE). $ROE's presale is another avenue for crypto investors to earn maximum returns. $ROE had an initial projection of 300% from its beta stage to the final presale stage. However, first-stage investors have scooped 50% of this remarkable profit outlook, leaving 167% for investors looking to join in now at the second stage, where $ROE sells at $0.015. >>BUY $ROE TOKENS NOW<< Shiba Inu Achieves A Remarkable Landmark Amid Price Decrease The layer-2 scaling solution of Shiba Inu continues to secure astounding landmarks less than two months after its advent. On October 16, Shibarium, the layer-2 protocol of Shiba Inu ($SHIB), accounted for more than 3.5 million cumulative network transactions and 1.2 million blocks created. Amid these positive developments, negative instances have come to light within the Shiba Inu ($SHIB) network. Notably, Shiba Inu recorded a 45% decline in the number of daily transactions. Also, active Shiba Inu ($SHIB) wallets dropped significantly from 789 to 584 between October 16 and October 17. While Shibarium records remarkable successes, Shiba Inu ($SHIB) incurs significant losses. Since the start of October, Shiba Inu ($SHIB) has lost 10.47% of its market value. For context, Shiba Inu ($SHIB) fell from $0.00000752 on October 2 to $0.00000670 on October 18. This consistent decline has caused some institutional investors to consider BorroeFinance ($ROE) while they await positive news from Shiba Inu ($SHIB). With Shiba Inu bears in charge, experts expect $SHIB to retest a close support range at $0.00000646 in the coming weeks. This projection portends an impending 4.29% decrease in the price of $SHIB. Ethereum Classic Sellers Cut Off Buyers Amid Trading Session Ethereum Classic ($ETC) marched into October on a high note. As seen on the charts, Ethereum Classic bulls managed to push the price of $ETC as high as $16 on October 1. However, the gains soon vanished once the Ethereum Classic ($ETC) bears took over on October 2. Between October 2 and October 15, Ethereum Classic ($ETC) slid from $16.70 to $14.94. This descent marked a 10.80% dip in the price of $ETC. As of now, Ethereum Classic is trading at $14.84, following a 3.55% decline from October 16 to October 18. The actions of the sellers impacted the buyers significantly as the futures market for Ethereum Classic ($ETC) recorded massive losses on the side of the bulls. Notably, $109,025 got wiped from the Ethereum Classic futures market, amounting to 98% of open positions at the time. As a result, investors are backing off of Ethereum Classic ($ETC) and showing interest in BorroeFinance ($ROE) instead. Ethereum Classic ($ETC) is currently hovering above a crucial support zone at $14.80. If $ETC breaks this support level to the downside, it will result in a decline to the next support level at $13.54, indicating an 8.81% possible dive, according to analysts. Learn more about BorroeFinance ($ROE) here: Visit BorroeFinance Presale | Join The Telegram Group | Follow BorroeFinance on Twitter Contact Details Borroe Finance media@borroefinance.ai

October 25, 2023 10:11 AM Eastern Daylight Time

We Need To Shift How Transportation Infrastructure is Viewed to Successfully Transition to EVs - Wallbox is Helping Power This Evolution

Benzinga

By Austin DeNoce, Benzinga Transportation is undergoing an era-defining metamorphosis. With the increased global adoption of electric vehicles, traditional infrastructure – like gas stations – is becoming outdated. This is paving the way for EV charging stations to take center stage. However, whether you’re a driver or investor, a number of questions still remain about exactly how the transportation industry will evolve alongside this new technology. One key factor that’s rapidly changing how we interact with our cars is charging, and companies like Wallbox (NYSE: WBX) are working hard to address the unique challenges the evolution of the industry is presenting. The Electrification Market First, let's take a look at the landscape. The Vehicle Electrification Market – which includes EVs, hybrids, batteries as well as charging infrastructure – is set to reach $215.1 billion by 2032, with a CAGR of 9.8%. Driven by an increasing demand for alternative fuels and concerns over carbon emissions, the electrification wave is already in motion. Especially notable is the electric vehicle segment, which already represents 8.6% of new-car sales in the U.S. While other regions like China and the European Union have already surpassed 20% EV adoption, North America is catching up fast, thanks to growing awareness about environmental sustainability and a proactive effort to expand adoption and charging infrastructure through legislation like the Inflation Reduction Act. The Reality Of EV Charging The average U.S. driver covers about 37 miles daily, while all-electric vehicles offer a range of 250 – 500 miles per charge. This suggests that most drivers won't need daily charging, especially when a fast public charger can take up to an hour. Instead of focusing only on public chargers – hubs that resemble traditional gas stations – it may be more practical to focus first on integrating charging at places where vehicles are typically parked for extended periods, like homes and apartments, which will make up 80% of total charging ports in the U.S., as well as offices or malls. By doing so, charging becomes a seamless part of a consumer’s current daily routines without the need for frequent detours. This is where Wallbox solves a major problem. A potential game-changer in the truest sense, Wallbox specializes in creating intelligent electric vehicle charging and energy management systems that fit seamlessly into current infrastructure at homes, apartment buildings, businesses or shared spaces. As the amount of electric vehicles increases, it will be necessary to have infrastructure in place that fits in with consumers' daily routines. Charging while running errands will be the norm, and Wallbox is prepared to meet that need. With a team of over 1,000 professionals, a presence in 9 countries and a customer base in more than 100 countries, Wallbox is dedicated to revolutionizing how the world consumes energy. Their mission is clear – to promote EV adoption globally and pave the way for a cleaner, more sustainable future. Breaking Down The Numbers Many EV owners charge their cars at home. It’s simple, doesn’t take time out of the day and the majority simply prefer charging their vehicles where they live, utilizing AC Level 2 charging equipment. With EVs consuming roughly 33 kWh over 100 miles and electricity costs pegged at $0.13 per kWh, the U.S. Department of Energy's data suggests that home charging can cost as low as $0.04 per mile. Public stations, in contrast, often have steeper rates. The 2030 National Charging Network report finds that to support a mid-adoption scenario of 33 million EVs on the road by 2030, the nation will need 28 million charging ports. Given already visible shifts in consumer behavior, private residential chargers are expected to form the core of the national ecosystem, complemented by reliable public fast charging. Thus, by encouraging at-home charging, not only are we making the switch to EVs more economical for the end-user, but we're also ensuring that the need for ultrafast chargers on highways remains an outlier scenario, covering only the rare long-distance travels. The Electric Future When it comes to industry-defining changes, what’s being observed in the electrification market is more than a trend; it's a potentially tectonic shift in how we perceive, use and manage transportation. While it's easy to focus only on electric vehicles, the electric future is just as much about intelligent charging solutions that cater to consumers right where they are – at home, at work and in shared spaces. Wallbox, with its innovative technologies and expansive reach, stands at the forefront of this shift, beckoning drivers and investors to be part of this transformative journey in transportation. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 25, 2023 09:25 AM Eastern Daylight Time

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