Crypto Insider Crypto and Blockchain News 2024-11-26T10:21:50Z https://cryptoinsider.asia/feed/atom/ WordPress https://cryptoinsider.asia/wp-content/uploads/2021/11/cryptocurrency-icon.png Linh Nguyen https://cryptoinsider.asia/ <![CDATA[XRP Holds Strong as Archax Unveils Tokenized Money Market Fund on XRP Ledger]]> https://cryptoinsider.asia/xrp-holds-strong-as-archax-unveils-tokenized-money-market-fund-on-xrp-ledger 2024-11-26T10:21:50Z 2024-11-26T10:21:50Z @ Crypto Insider

Ripple will allocate $5 million into tokens on Abrdn’s Lux fund, part of a larger…

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Ripple will allocate $5 million into tokens on Abrdn’s Lux fund, part of a larger allocation to real-world assets (RWAs) on the XRPL.

XRP outperformed bitcoin (BTC) and other major tokens in the past 24 hours as regulated crypto broker and custodian Archax unveiled a money market fund on the XRP Ledger, a first for the network, in collaboration with closely related Ripple Labs and Abrdn.

Archax has provided access to Abrdn’s U.S. dollar Liquidity Fund (Lux) in tokenized form on XRPL. Ripple will allocate $5 million worth of tokens into Abrdn’s Lux fund, part of a larger allocation to real-world assets (RWAs) on the XRPL.

XRP price jumped 6%, touching a high of $1.49 in the hours following the release, before paring gains in a market-wide drop. The token is up 27% over the past week and more than has more than doubled in two weeks on several positive catalysts.

Real World Assets (RWAs) are tangible or financial assets like real estate, commodities, or bonds that exist outside of the digital realm but can be represented as tokens on a blockchain. This process, known as tokenization, allows for fractional ownership, increased liquidity, and easier transfer of these assets.

A money market involves trading short-term, high-quality debt instruments like Treasury bills, commercial paper, and certificates of deposit. It’s where large institutions manage their short-term cash needs.

Archax has been using Ripple’s digital assets custody since 2022. Lux has over $3.8 billion in assets under management, per a release.

The launch of the tokenized money market fund on the XRPL is a further boost to the growth of real-world asset tokenization, a sector that some eye as one of the hottest in crypto.

In a July report, global consulting firm McKinsey & Company expects the tokenized asset market to reach $4 trillion in an optimistic scenario by 2030. Boston Consulting Group and 21Shares have forecasted over $10 trillion of tokenized assets by the decade’s end in their optimistic scenarios, as CoinDesk previously reported.

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Crypto Insider https://cryptoinsider.asia <![CDATA[Charlton Aria Acquisition Corporation Announces the Separate Trading of its Class A Ordinary Shares and Rights, Commencing on November 26, 2024]]> https://cryptoinsider.asia/charlton-aria-acquisition-corporation-announces-the-separate-trading-of-its-class-a-ordinary-shares-and-rights-commencing-on-november-26-2024 2024-11-26T01:05:53Z 2024-11-26T01:00:00Z @ Crypto Insider

Wilmington, DE, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Charlton Aria Acquisition Corporation (the “Company”) (Nasdaq: CHARU), a blank check company, today announced that, commencing on November 26, 2024, holders of the 8,500,000 units (the “Units”) sold in the Company’s initial public offering (the “Offering”) including Units sold upon a partial exercise of the underwriters’ over-allotment option, may elect to separately trade the Class A ordinary shares and rights included in the Units. Any Units not separated will continue to...

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Wilmington, DE, Nov. 25, 2024 (GLOBE NEWSWIRE) — Charlton Aria Acquisition Corporation (the “Company”) (Nasdaq: CHARU), a blank check company, today announced that, commencing on November 26, 2024, holders of the 8,500,000 units (the “Units”) sold in the Company’s initial public offering (the “Offering”) including Units sold upon a partial exercise of the underwriters’ over-allotment option, may elect to separately trade the Class A ordinary shares and rights included in the Units. Any Units not separated will continue to trade on the NASDAQ Global Market (“NASDAQ”) under the symbol “CHARU.” Any underlying Class A ordinary shares and rights that are separated will trade on the NASDAQ under the symbols “CHAR” and “CHARR,” respectively. Holders of Units will need to have their brokers contact the Company’s transfer agent, Continental Stock Transfer & Trust Company, in order to separate the holders’ Units into Class A ordinary shares and rights.

The Units were initially offered by the Company in an underwritten offering. Clear Street LLC acted as the sole book-running manager for the Offering. A registration statement on Form S-1 (File No. 333-282313) relating to these securities was declared effective by the Securities and Exchange Commission (the “SEC”) on October 24, 2024. The Offering was made only by means of a prospectus, copies of which may be obtained from Clear Street, Attn: Syndicate Department, 150 Greenwich Street, 45th floor, New York, NY 10007, or by email at ecm@clearstreet.io, or by visiting EDGAR on the SEC’s website at www.sec.gov.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Charlton Aria Acquisition Corporation

Charlton Aria Acquisition Corporation is a blank check company incorporated in the Cayman Islands as an exempted company with limited liability for the purpose of effecting into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. Our efforts to identify a prospective target business will not be limited to a particular industry or geographic region.

Forward-Looking Statements

This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. No assurance can be given that the offering discussed above will be completed on the terms described, or at all. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Registration Statement and related preliminary prospectus filed in connection with the initial public offering with the SEC. Copies are available on the SEC’s website, www.sec.gov.

Contact Information:
Charlton Aria Acquisition Corp.

Mr. Robert W. Garner
Chairman, Chief Executive Officer, and Director
221 W 9th St #848
Wilmington, DE 19801
Email: ceo@charltonaria.com

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Crypto Insider https://cryptoinsider.asia <![CDATA[Urinary Drainage Bags Market to Witness 4.9% CAGR by 2031 | SkyQuest Technology]]> https://cryptoinsider.asia/urinary-drainage-bags-market-to-witness-4-9-cagr-by-2031-skyquest-technology 2024-11-26T01:05:52Z 2024-11-26T01:00:00Z @ Crypto Insider

Urinary Drainage Bags Market size was valued at USD 2.12 billion in 2023 to USD 3.11 billion by 2031, growing at a CAGR of 4.9% during the forecast period (2024-2031).Westford, USA, Nov. 25, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that Urinary Drainage Bags Market size will attain the value of USD 3.11 Billion by 2031, with a CAGR of 4.9% during the forecast period (2024-2031). The growing older population across the globe, especially in the   developed areas, is a main...

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Westford, USA, Nov. 25, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that Urinary Drainage Bags Market size will attain the value of USD 3.11 Billion by 2031, with a CAGR of 4.9% during the forecast period (2024-2031). The growing older population across the globe, especially in the   developed areas, is a main aspect driving the urinary drainage bags industry. As older people are much more likely to be afflicted by urinary incontinence, bladder insufficiency and different chronic situations, the demand for water bottles increases. Furthermore, kidney failure poor performance, prostate problems, and increasing occurrence of different urinary tract infections that frequently require catheterization, in hospitals and clinics further increasing the demand for urinary bottles. 

Browse in-depth TOC on “Urinary Drainage Bags Market ”   

  • Pages – 187 
  • Tables – 115 
  • Figures – 69 

To Learn More About This Report, Request a Free Sample Copyhttps://www.skyquestt.com/sample-request/urinary-drainage-bags-market

Urinary Drainage Bags Market Overview:  

Report Coverage   Details  
Market Revenue in 2023   USD 2.12 Billion     
Estimated Value by 2031   USD 3.11 Billion 
Growth Rate   Poised to grow at a CAGR of 4.9%  
Forecast Period   2024–2031  
Forecast Units   Value (USD Billion)  
Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends  
Segments Covered   Product, Usage, Capacity, End Use and Region  
Geographies Covered   North America, Europe, Asia Pacific, Middle East & Africa, Latin America
Report Highlights   Growing Desire for Domestic Healthcare Solutions   
Key Market Opportunities   Rising Demand for Sustainable and Environmentally Pleasant Bottles 
Key Market Drivers   Increasing Demand in Pharmaceutical and Biotechnology Industries   

Hospital Segment to Dominate Due to Increasing Volume of Surgery

As per urinary drainage bags market outlook, the hospital segment is dominating and accounts for the largest revenue share of 44.6% in 2023. The increasing volume of surgery and psychiatric care are the major drivers of this segment. According to reports, there are approximately 786,000 people in the U.S. had end-stage renal disease, with 71% on dialysis & 29% on kidney transplant. Elderly patients frequently require bottles when admitted to the hospital to avoid frequent movements and are expected to increase volume over the forecast period.   

Make an Inquiry to Address your Specific Business Needs: https://www.skyquestt.com/speak-with-analyst/urinary-drainage-bags-market  

1000-2000ml Segment is Growing Due to Increasing Demand for Long-term Care Products

The 1000-2000ml segment is important in the urinary drainage bags industry as it caters to patients who need high-capacity bags for long periods of time, especially those with limited mobility. These large bags are widely used in hospitals and home care settings. The 1000-2000 ml segment is commonly used, so that patients who have achieved positive results are more likely to use it. This segment is expected to grow due to the increasing demand for long-term care products. 

North America is Dominating Due to Rise in Advanced Healthcare Facilities 

North America holds a dominant position in the market, primarily due to advanced healthcare facilities, and more prevalent due to increasing geriatric population in the region, driving the demand for solvents. Continued research and innovation, favourable reimbursement policies, increasing adoption of home healthcare in North America, and the growing popularity of urine bags support the key role played by the business in the market. 

Urinary Drainage Bags Market Insight

Drivers  

  • Rising Elderly Population and Chronic Diseases 
  • Improvements in Manufacturing Processes 
  • Increasing Aquatic Health Issues 

Restraints  

  • Risk of Infection and Complications 
  • High Rates and Limited Payment Terms 
  • Social Stigma and Discomfort  

Take Action Now: Secure Your Urinary Drainage Bags Industry Todayhttps://www.skyquestt.com/buy-now/urinary-drainage-bags-market

Prominent Players in Urinary Drainage Bags Market   

  • ConvaTec, Inc.
  • Cardinal Health
  • Teleflex, Inc.
  • Coloplast
  • BD
  • McKesson Medical Surgical, Inc.
  • Amsino International, Inc.
  • Flexicare Ltd.
  • B. Braun Melsungen AG
  • Manfred Sauer GmbH
  • AdvaCare Pharma
  • Jolfamar
  • Stryker
  • Medtronic
  • Baxter International
  • UroMed
  • Platinum Equity (Sunrise Medical)
  • Zimmer Biomet
  • Halyard Health
  • Hollister Inc.

Key Questions Answered in Urinary Drainage Bags Market Report  

  • What are the key growth factors of the market? 
  • Which is the fastest growing region in the market? 
  • Who are the key restraints of the market? 
  • What is the current size of the market? 

Read Urinary Drainage Bags Industry Report Todayhttps://www.skyquestt.com/report/urinary-drainage-bags-market  

This report provides the following insights:  

Analysis of key drivers (rising elderly population and chronic diseases, improvements in manufacturing processes), restraints (risk of infection and complications), opportunities (rising demand for sustainable and environmentally pleasant bottles) influencing the growth of urinary drainage bags market.  

  • Market Dynamics: Comprehensive information about the various products offered by the dominant players in the urinary drainage bags market.  
  • Product Development/Innovation: An overview of emerging trends, R&D activities and product launches in the urinary drainage bags market.   
  • Market Growth: Detailed information on profitable growing industries.   
  • Market Trends: Complete information about new products, emerging geographical areas and recent developments in the market.  
  • Competitive Analysis: An in-depth analysis of the market segments, growth strategies, revenue analysis, and products of the key market players.  

Related Reports:  

Microbubbles/Ultrasound Contrast Agents Market is growing at a CAGR of 4.00% in the forecast period (2024-2031)

Hydrogel Face Mask Market is growing at a CAGR of 43% in the forecast period (2024-2031)

North America Mosquito Repellent Market is growing at a CAGR of 36.87% in the forecast period (2024-2031)

IVD Quality Control Market is growing at a CAGR of 4.10% in the forecast period (2024-2031)

Targeted Therapeutics Market is growing at a CAGR of 2.10% in the forecast period (2024-2031)

About Us:  

SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.  

We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization have expanded our reach across North America, Europe, ASEAN and Asia Pacific.  

Contact Us:  

Mr. Jagraj Singh  

Skyquest Technology  

1 Apache Way,  

Westford,  

Massachusetts 01886  

USA (+1) 351-333-4748  

Email: sales@skyquestt.com  

Visit Our Website: https://www.skyquestt.com/ 

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Crypto Insider https://cryptoinsider.asia <![CDATA[Global Aerospace Offers Valuable Insights on the Revolution of Reusable Rockets and Their Impact on the Space Industry]]> https://cryptoinsider.asia/global-aerospace-offers-valuable-insights-on-the-revolution-of-reusable-rockets-and-their-impact-on-the-space-industry 2024-11-24T00:52:53Z 2024-11-24T00:14:00Z @ Crypto Insider

How Fully Reusable Rockets Are Transforming SpaceflightMorris Plains, NJ, Nov. 23, 2024 (GLOBE NEWSWIRE) -- Reusable rockets are poised to transform the space industry by bringing about profound, game-changing benefits in cost efficiency, sustainability and technological advancement. By significantly reducing the cost of transportation to space, these innovations could make space more accessible than ever before and enable a new era of commercial and scientific exploration. Unlocking the Final Frontier Imagine a world where every aircraft, after completing a...

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Morris Plains, NJ, Nov. 23, 2024 (GLOBE NEWSWIRE) — Reusable rockets are poised to transform the space industry by bringing about profound, game-changing benefits in cost efficiency, sustainability and technological advancement. By significantly reducing the cost of transportation to space, these innovations could make space more accessible than ever before and enable a new era of commercial and scientific exploration.

rocket launch

Unlocking the Final Frontier

Imagine a world where every aircraft, after completing a single flight, was scrapped and replaced with a brand-new one. Air travel would be a luxury reserved for the ultra-wealthy, with ticket prices skyrocketing to cover the immense costs of disposable aircraft.

Now, shift this analogy to space exploration. For decades, launching rockets was akin to this hypothetical aviation model. Traditional rockets are used once and then discarded, often falling into the ocean, burning up in the atmosphere, or being thrown out into space.

Each mission required an entirely new vehicle, and the astronomical costs confined space exploration to well-funded governments pursuing scientific discoveries or military objectives and major satellite operators seeking to profit in connecting the world. This exclusivity turned the final frontier into a realm accessible only to elite players with deep pockets, stifling broader innovation and exploration.

The advent of reusable rockets has revolutionised this paradigm, transforming spaceflight from an exclusive, exorbitant endeavour into a more accessible and economically viable one.

Just as commercial aviation became a cornerstone of global connectivity, reusable rockets will unlock new opportunities for commercial space activities, scientific research and even human space travel.

The Revolution of Reusable Rockets

Fully reusable rockets are designed to be launched, recovered, refurbished and relaunched multiple times. Rockets typically consist of stages that separate during the ascent phase. While traditional rockets discard these stages after use, reusable rockets employ advanced technologies such as flight control surfaces, heat shields, thrust vector control and sophisticated flight software to guide and land them safely back on Earth.

After recovery, the components undergo inspection and refurbishment to ensure readiness for the next launch. By reusing the same hardware instead of building new rockets for each mission, this approach maximises efficiency, minimises waste and boosts launch frequencies.

The ability to inspect launch hardware and more effectively analyse flight data after each mission enables continuous, iterative improvements to reusable rocket systems.

Again, drawing a parallel to other modes of transportation, motor vehicles and air travel were initially accessible only to the wealthy. Over time, advancements in technology, materials, manufacturing techniques and infrastructure have reduced costs, improved safety and made them widely available. Space transport is now following a similar trajectory.

While the concept of reusable space systems isn’t new—the Space Shuttle was designed with reusability in mind—creating a fully and rapidly reusable launch system at affordable pricing was long considered unattainable due to technological limitations. Today, those barriers are being overcome, paving the way for a new era in space exploration.

Rapid Advances by Key Players

The rise in industry privatisation led to several companies taking the lead in reusable launcher development.

SpaceX has led the way with the Falcon 9, a partially reusable rocket that has achieved hundreds of successful landings and reuses. Building on this success, the company is advancing toward a fully reusable system with Starship, which is designed for missions to the Moon, Mars and beyond.

On October 13, 2024, Starship hit a major development milestone when both the spacecraft and its booster, the Super Heavy Booster, successfully returned to Earth. In a world-first, the booster executed a “chopstick catch,” manoeuvring back to its launch tower and being caught by massive mechanical arms.

This innovation represents a significant step forward in SpaceX’s goal of developing a rapid-reuse rocket system. Landing directly at the launch site eliminates the need for transportation back to the pad, streamlining operations. SpaceX envisions a future where boosters can be inspected, refuelled and prepared for their next mission from the same pad within hours.

Other advances occurring in spaceflight include:

  • Blue Origin’s New Shepard rocket has completed multiple suborbital flights and landings for space tourism, and it is developing the New Glenn rocket for orbital missions. The New Glenn is set for its maiden flight before 2025.
  • Rocket Lab is making its Electron rocket partially reusable andis developing the fully reusable Neutron Rocket.
  • The European Space Agency (ESA) is working with companies like Rocket Factory Augsburg, The Exploration Company, ArianeGroup and Isar Aerospace to develop reusable rocket technology.
  • Virgin Galactic’s SpaceShipTwo is designed forsuborbital space tourism, offering passengers a unique space travel experience.

Other notable organisations like ISRO and Arianespace are also exploring reusable rocket technologies.

Impact on the Space Industry

Ongoing innovation in reusable rocket technology will have wide-ranging effects in many areas.

Economics:

Already, the introduction of partially reusable rockets has had a transformative impact on the economics of access to space, significantly reducing the cost per kilogram to Low Earth Orbit (LEO). SpaceX, for example, has been able to drive down the cost of a Falcon 9 launch, with prices as low as USD62 million per launch, or USD2,700 to 3,000 per kilogram to LEO. This is much cheaper than traditional expendable rockets, which could charge upwards of USD10,000 per kilogram. Looking ahead, fully reusable systems, when operational, could lower this even further, potentially bringing the cost to under USD100 per kilogram.

This profound reduction in costs, on the order of a hundredfold, will mean space is open for a host of new commercial and scientific ventures. By making space more affordable, it enables smaller players and new entrants to compete, fostering a more dynamic and innovative market. This increased competition not only drives technological advancement but also helps extend the benefits of space exploration back to Earth, from improved communication networks to in-space manufacturing and mining to advancements in climate monitoring and disaster response.

Sustainability:

Reusable rockets offer significant potential for reducing pollution and environmental impact compared to traditional expendable launch vehicles. Reusing rocket components requires fewer resources for each launch, reducing the environmental footprint associated with raw material extraction, processing and manufacturing.

Reusable rockets also minimise the amount of discarded hardware in Earth’s orbit and oceans.

Traditional expendable rockets often leave stages and components as space junk or ocean waste. In contrast, reusable systems return these parts to Earth for refurbishment and reuse.

However, the amount of space debris indirectly caused by affordable access to space is contributing to a growing problem. In 2019, fewer than 3,000 satellites orbited Earth, but by 2024, this number had swelled to over 10,000, driven largely by mega-constellations. This surge in satellite deployment has compounded the risks posed by space debris, with over 34,000 pieces larger than 10 cm currently tracked and many more small fragments that are harder to monitor. The rise of reusable rockets could exacerbate this issue.

While reusability offers significant benefits in cost reduction and efficiency, it also means more frequent launches and potentially more risk of generating debris. With the increasing number of objects in orbit, even minor collisions could escalate into a significant debris cloud, creating a cycle that is difficult to stop. This process could lead to an uncontrollable and dangerous increase in space debris, potentially rendering certain orbits unusable for satellites or space exploration. Consequently, the issue of space debris has become a critical concern for the future of satellite operation and space exploration, prompting calls for better debris management and international cooperation to ensure space remains usable for future generations.

Reliability and safety:

The impact of fully reusable rockets on reliability and safety is both promising and complex. Reusability can increase reliability over time as rockets undergo more frequent flights, allowing for consistent monitoring, data analysis and iterative improvements. SpaceX’s Falcon 9, for example, has proven that rockets can be reused multiple times, with the company refining designs after each flight, thus enhancing overall safety.

Repeated flights allow engineers to identify and address minor issues that might not be apparent in the first launch, ultimately leading to more reliable systems.

However, this process is not without challenges. Components such as engines and turbopumps endure significant wear and tear during flights, potentially leading to failures if not properly maintained. Over time, parts might develop cracks or suffer from issues like particle impacts, which could compromise performance and safety. Despite this, ongoing research into materials and coatings aims to mitigate these risks, developing more resilient components for extended lifespans.

As for safety, the very nature of reusing rockets poses risks. While the potential for rapid turnarounds and cost reductions is enormous, the challenge lies in ensuring that rockets are thoroughly inspected, repaired and tested between flights. This could result in a system where safety protocols are more stringent but also more robust as technology and materials continue to improve. Ultimately, with continuous technological advancements and refined protocols, reusable rockets could not only become safer but could redefine the reliability standards for space transport.

The Broader Implications of Reusable Rockets

Advancements in rocket technology, particularly fully reusable rockets, bring significant benefits to various industries. High-performance materials and innovations in 3D printing and automated processes enhance the aviation, automotive, manufacturing and medical sectors.

Rocket propulsion advancements support sustainable energy solutions, while autonomous systems and artificial intelligence (AI) improve navigation and control in autonomous vehicles, industrial automation and robotics. These advancements drive efficiency, sustainability and progress across multiple sectors.

Additionally, affordable access to space enables more countries to participate in space missions, fostering collaboration and establishing global standards.

The expanding space industry creates economic opportunities by lowering the barriers to entry for businesses, fostering innovation and creating new markets such as space tourism and in-orbit services. This growth benefits global communications, weather forecasting and Earth observation, with potential revolutions in energy and mining industries through space-based solar power and asteroid mining.

Conclusion

The advent of fully reusable rockets marks a transformative era in space exploration and industry. By significantly reducing launch costs and increasing mission frequency, space access becomes democratised, fostering innovation and competition across various sectors. Companies like SpaceX and Blue Origin are leading this revolution, making space more accessible and affordable.

Lower costs and increased launch frequency enable a broader range of participants, from startups to educational institutions, to engage in space activities. This also drives new markets and industries, such as space tourism and in-orbit services, while also offering environmental benefits through reduced waste and sustainable practices.

Beyond the space industry, technological advancements in materials science, precision engineering and autonomous systems benefit aviation, automotive, energy and other sectors. International cooperation is also set to increase, with nations pooling resources and expertise to achieve ambitious space missions and establish global standards for space activities.

Fully reusable rockets are not just a technological innovation but a catalyst for economic growth, international collaboration and sustainable development. As we look to the future, the continued evolution of reusable rocket technology promises to unlock new possibilities for space exploration and beyond, heralding a new era of opportunity and advancement for humanity.

As we embark on this exciting journey, the question remains: How will we harness these advancements to ensure a secure and prosperous future for the space industry and its stakeholders?


About Global Aerospace
Global Aerospace has a century of experience and powerful passion for providing aviation insurance solutions that protect industry stakeholders and empower the industry to thrive. With financial stability from a pool of the world’s foremost capital, we leverage innovative ideas, advanced technology and a powerful synergy among diverse team members to underwrite and process claims for the many risks our clients face. Headquartered in the UK, we have offices in Canada, France, Germany, Switzerland and throughout the United States. Learn more at https://www.global-aero.com/

Global Aerospace Media Contact
Suzanne Keneally
Vice President, Group Head of Communications
+1 973-490-8588

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Crypto Insider https://cryptoinsider.asia <![CDATA[Guangdong Radio and Television Station- Shenzhen Youth Shine at COP29: A Green Declaration of Youth Responsibility]]> https://cryptoinsider.asia/guangdong-radio-and-television-station-shenzhen-youth-shine-at-cop29-a-green-declaration-of-youth-responsibility 2024-11-24T00:52:56Z 2024-11-23T23:58:00Z @ Crypto Insider

Shenzhen youth Wang Zunyao is a standout participant in the 3rd "Just Shenzhen · Just Young" Video Contest, co-organized by Guangdong Satellite TV of Guangdong Radio and Television Station. Shenzhen, China, Nov. 23, 2024 (GLOBE NEWSWIRE) -- On November 12, 2024, 18-year-old Shenzhen youth Wang Zunyao, a standout in the 3rd “Just Shenzhen, Just Young” Video Contest co-organized by Guangdong Satellite TV of Guangdong Radio and Television Station, traveled to Azerbaijan with the Shenzhen Foundation for International Exchange and Cooperation...

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Shenzhen, China, Nov. 23, 2024 (GLOBE NEWSWIRE) — On November 12, 2024, 18-year-old Shenzhen youth Wang Zunyao, a standout in the 3rd “Just Shenzhen, Just Young” Video Contest co-organized by Guangdong Satellite TV of Guangdong Radio and Television Station, traveled to Azerbaijan with the Shenzhen Foundation for International Exchange and Cooperation to participate in the high-profile 2024 UN Climate Change Conference (COP29).He delivered a Green Declaration in the Blue Zone, showcasing the international vision and responsibility of Shenzhen youth.

During his speech, Wang passionately shared the new understanding of the relationship between humanity and the Earth among young people: “Education and social media have played an important role in shaping our environmental awareness. Schools have begun prioritizing sustainability in their curricula, teaching us about the importance of protecting renewable energy and ecological balance. Through these channels, we gain insights into sustainable innovation practices and learn from the experiences of our global peers, inspiring us to contribute to this cause.”

On the same day, the “Shenzhen Day: Innovation-Driven Sustainable Development of Megacities” side event kicked off in the COP29 Blue Zone. Organized by the UNDP SDG Innovation Lab (Longhua Shenzhen) in partnership with the Shenzhen Foundation for International Exchange and Cooperation, and co-organized by the Longhua International Cooperation Center and Biosphere3, the event brought together international organizations, governments, professional institutions, businesses, and youth representatives from Shenzhen. Participants discussed cutting-edge topics such as policy formulation, the creation of sustainable youth communities, carbon-neutral economy, and green industry innovation, exploring Shenzhen’s successful experience in driving green development in megacities through innovation, and seeking innovative paths and policy frameworks for sustainable green development in megacities.

Shenzhen youth shone brightly on the COP29 stage, embodying youth and responsibility through action and heralding the era of green development.

Media Contact:
Source:Guangdong Radio and Television station
Contact Person:Ke Yan
Email:1832910754@qq.com

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Crypto Insider https://cryptoinsider.asia <![CDATA[VivoPower International PLC Receives Notice from Nasdaq Regarding Compliance with Form 20-F Filing Requirements]]> https://cryptoinsider.asia/vivopower-international-plc-receives-notice-from-nasdaq-regarding-compliance-with-form-20-f-filing-requirements 2024-11-23T00:52:20Z 2024-11-23T00:40:00Z @ Crypto Insider

Delay in filing form 20F has been due to the significant strategic changes pursuant to a previously announced strategic review Notification does not affect the Company’s current listing status Company has been provided until 20 January 2025 to submit a plan to regain compliance VivoPower is targeting filing its 20F before the end of this month and will regain compliance upon such filing LONDON, Nov. 22, 2024 (GLOBE NEWSWIRE) -- VivoPower International PLC (Nasdaq: “VVPR”) (the “Company” or “VivoPower”) received...

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Delay in filing form 20F has been due to the significant strategic changes pursuant to a previously announced strategic review

Notification does not affect the Company’s current listing status

Company has been provided until 20 January 2025 to submit a plan to regain compliance

VivoPower is targeting filing its 20F before the end of this month and will regain compliance upon such filing

LONDON, Nov. 22, 2024 (GLOBE NEWSWIRE) — VivoPower International PLC (Nasdaq: “VVPR”) (the “Company” or “VivoPower”) received a letter (the “Notice”) from the Nasdaq Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, due to the Company’s delay in filinge its Form 20-F for the period ending June 30, 2024 (the “Filing”), the Company does not presently complywith Nasdaq Listing Rule 5250(c)(1) for continued listing. Nasdaq’s notice does not affect the Company’s current listing status, and the Company’s common stock remains listed on the Nasdaq Capital Market.

The Company has been provided a 60-calendar-day period, or until January 20, 2025, to submit a plan to regain compliance with the filing requirement.

In the event that the Company is unable to file the Form 20-F by the deadline, it will submit a compliance plan to Nasdaq by January 20, 2025, for Nasdaq’s review. After reviewing the plan, Nasdaq will contact the Company with any questions or comments and will provide written notice of its decision. If Nasdaq does not accept the compliance plan, the Company will have the opportunity to appeal Nasdaq’s decision to a Hearings Panel.

If Nasdaq accepts the compliance plan, the Company could be granted up to 180 calendar days from the Filing’s due date, or until May 19, 2025, to regain compliance with the filing requirement.

The delay in filing the Form 20-F has been due to the extensive strategic changes effectuated by the Company, including the sale of its Aevitas critical power businesses, the business combination agreement involving Tembo and the proposed spin off of Caret Digital, The Company is targeting filing the Form 20-F before the end of this month and regaining compliance.

This Press Release serves as the Company’s public disclosure of the Notice, in accordance with Nasdaq Listing Rule 5810(b). An indicator reflecting the Company’s non-compliance will be broadcast over Nasdaq’s market data dissemination network and will also be made available to third-party market data providers, and the Company will appear on Nasdaq’s list of non-compliant companies starting five business days after the date of the Notice.

About VivoPower 

Established in 2014 and listed on Nasdaq since 2016, VivoPower is an award-winning global sustainable energy solutions B Corporation company focussed on electric solutions for off-road and on-road customised and ruggedised fleet applications as well as ancillary financing, charging, battery and microgrids solutions. VivoPower’s core purpose is to provide its customers with turnkey decarbonisation solutions that enable them to move toward net-zero carbon status. VivoPower has operations and personnel covering Australia, Canada, the Netherlands, the United Kingdom, the United States, the Philippines, and the United Arab Emirates.

Forward-Looking Statements

This communication includes certain statements that may constitute “forward-looking statements” for purposes of the U.S. federal securities laws. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts or other characterisations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements may include, for example, statements about the achievement of performance hurdles, or the benefits of the events or transactions described in this communication and the expected returns therefrom. These statements are based on VivoPower’s management’s current expectations or beliefs and are subject to risk, uncertainty, and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive and/or regulatory factors, and other risks and uncertainties affecting the operation of VivoPower’s business. These risks, uncertainties and contingencies include changes in business conditions, fluctuations in customer demand, changes in accounting interpretations, management of rapid growth, intensity of competition from other providers of products and services, changes in general economic conditions, geopolitical events and regulatory changes, and other factors set forth in VivoPower’s filings with the United States Securities and Exchange Commission. The information set forth herein should be read in light of such risks. VivoPower is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements whether as a result of new information, future events, changes in assumptions or otherwise.

Contact 

Shareholder Enquiries 
shareholders@vivopower.com 

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Crypto Insider https://cryptoinsider.asia <![CDATA[Clay ‘Comes to Life’ in the Hands of Master Pottery Instructor at Homestead Heritage]]> https://cryptoinsider.asia/clay-comes-to-life-in-the-hands-of-master-pottery-instructor-at-homestead-heritage 2024-11-23T00:52:22Z 2024-11-23T00:33:00Z @ Crypto Insider

Brandon Trevino Courtesy of Homestead Heritage 2024 Artisans and farmers protecting and preserving the heritage of the American West pass on their knowledge and experience through shopping experiences, instructional classes, and weekend festivals hosting thousands to their charming village in Central Texas. Quilt making and other craft seminars, agricultural exhibits, and music activities are on display each day at Homestead Craft Village and featured at Homestead Heritage's 37th Annual Homestead Fair, open from November 29 through...

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Artisans and farmers protecting and preserving the heritage of the American West pass on their knowledge and experience through shopping experiences, instructional classes, and weekend festivals hosting thousands to their charming village in Central Texas.

Quilt making and other craft seminars, agricultural exhibits, and music activities are on display each day at Homestead Craft Village and featured at Homestead Heritage’s 37th Annual Homestead Fair, open from November 29 through Dec. 1, followed by two weekends of the Homestead Holiday Market, December 7 and 14.

WACO, Texas, Nov. 22, 2024 (GLOBE NEWSWIRE) — There’s a moment in the pottery shop that captivates crowds and craftsmen alike. It’s the moment a lump of clay seems to leap to life. The potter’s hands apply just the right pressure to the spinning clay and it rises swiftly, forming a neat cylinder.

“This never gets old for me,” said Brandon Trevino, a potter at Homestead Pottery. “It’s extremely satisfying to feel the clay transform in my hands. And I love seeing the smiles it brings to people watching.”

Fortunately for everyone, including Brandon, this moment is repeated many times, as forming a cylinder on the spinning wheel is the starting point for nearly everything: cups, mugs, vases, bowls, even dinner plates. From the potter’s perspective, a plate is just a very wide, short cylinder.

Brandon makes it look effortless, but throwing clay takes time and practice to master. Fortunately, every practice throw can be recycled. Clay remains clay until it is fired in the kiln. Mistakes are temporary and welcomed as part of the learning process.

“There’s no substitute for having clay in your hands. Watch all the online videos you want, but you need to feel it,” said Brandon “I like to say working clay on a wheel is like riding a bike – you try and try and then, it all comes together.”

Beginning pottery students start by making pinch pots, a perfect first project for all ages to enjoy and learn the feel of clay. Other hand-building pottery techniques include coiled pottery, slab pottery, and woven pottery.

In creating pottery and teaching the craft to others, Brandon feels a strong connection with both the earth and his community at Homestead Heritage, where traditional crafts are part of a way of life centered on faith, family, and friendships.

“For thousands of years pottery has been considered an essential village craft, supplying the plates, bowls, pitchers, cups, mugs, and containers needed for everyday living,” said Brandon. “Every item in this store is the product of human hands shaping clay from the earth, and each one is a unique creation.”

Brandon and other artisans invite guests to participate in classes available year-round, Monday through Saturday, from 10 a.m. to 5 p.m. at Homestead Craft Village located north of Waco, a few minutes off the interstate or to make plans to visit the 37th Annual Homestead Fair Nov. 29 – Dec. 1, Dec. 6-7 and Dec. 13-14, 2024.

About Homestead Heritage

Homestead Heritage at Brazos de Dios is a Christian church in Central Texas that embraces traditional ways of work and worship. The church community, which hosts more than 200,000 visitors per year, operates a 510-acre farm on the Brazos River and includes the Homestead Craft Village and Café Homestead.

Dozens of artisans, small business owners, and farmers work daily to protect and preserve the heritage of the American West and pass on their knowledge and experience through shopping experiences, instructional classes, and weekend festivals hosting thousands to their charming village in Central Texas.

Visit https://www.homesteadheritage.com/the-shops/ to learn more, shop or plan your trip, and https://www.homesteadfair.com/ for information about Homestead Heritage’s 37th Annual Homestead Fair, open from November 29 through Dec. 1, followed by two weekends of the Homestead Holiday Market, December 7 and 14.

Watch Brandon at work at Homestead Pottery at Homestead Heritage.

Visit these social channels to learn more about Homestead Heritage. FACEBOOK, YOUTUBE, X/TWITTER, INSTAGRAM, TIKTOK

Media Contact:
Homestead Heritage
info@homesteadheritage.com
(254) 716-1013

SOURCE Homestead Heritage

Links

Facebook: https://www.facebook.com/homesteadheritagewaco

YouTube: https://www.youtube.com/@HomesteadHeritageWaco

X/Twitter: https://x.com/HomesteadWacoTX

Instagram: https://www.instagram.com/homesteadheritage/

TikTok: https://www.tiktok.com/@homesteadheritage

Direct Link to Brandon video: https://www.youtube.com/watch?v=JhvU3cB36ZE

Homestead Craft Village: https://www.homesteadheritage.com/the-shops/

Homestead Fair: https://www.homesteadfair.com/

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/091a1997-c298-4f51-bce5-082c86a1a4b1

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Crypto Insider https://cryptoinsider.asia <![CDATA[Meritage Homes Announces Quarterly Cash Dividend and $250M Increase to Share Repurchase Authorization]]> https://cryptoinsider.asia/meritage-homes-announces-quarterly-cash-dividend-and-250m-increase-to-share-repurchase-authorization 2024-11-22T00:42:28Z 2024-11-22T00:30:00Z @ Crypto Insider

SCOTTSDALE, Ariz., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced that its Board of Directors has declared a quarterly dividend of $0.75 per share. This dividend is payable on December 31, 2024 to shareholders of record as of the close of trading on December 17, 2024. Meritage also announced that its Board of Directors has approved a $250 million increase to the Company’s share repurchase...

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SCOTTSDALE, Ariz., Nov. 21, 2024 (GLOBE NEWSWIRE) — Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today announced that its Board of Directors has declared a quarterly dividend of $0.75 per share. This dividend is payable on December 31, 2024 to shareholders of record as of the close of trading on December 17, 2024.

Meritage also announced that its Board of Directors has approved a $250 million increase to the Company’s share repurchase authorization. This increase combined with $15 million in systematic buybacks on a quarter to date basis brings the Company’s total authorized share repurchase program to $334 million as of November 21, 2024.

About Meritage Homes Corporation

Meritage is the fifth-largest public homebuilder in the United States, based on homes closed in 2023. The Company offers energy-efficient and affordable entry-level and first move-up homes. Operations span across Arizona, California, Colorado, Utah, Texas, Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina and Tennessee.

Meritage has delivered over 190,000 homes in its 38-year history, and has a reputation for its distinctive style, quality construction, and award-winning customer experience. The Company is an industry leader in energy-efficient homebuilding, an eleven-time recipient of the U.S. Environmental Protection Agency’s (EPA) ENERGY STAR® Partner of the Year for Sustained Excellence Award and Residential New Construction Market Leader Award, as well as a four-time recipient of the EPA’s Indoor airPLUS Leader Award.

For more information, visit www.meritagehomes.com.

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Linh Nguyen https://cryptoinsider.asia/ <![CDATA[Dogecoin, XRP Trading Volumes Flip Bitcoin’s in South Korea]]> https://cryptoinsider.asia/dogecoin-xrp-trading-volumes-flip-bitcoins-in-south-korea 2024-11-20T10:39:24Z 2024-11-20T10:39:24Z @ Crypto Insider

South Korean traders are known for pushing euphoric rallies on tokens, contributing to buying pressure…

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South Korean traders are known for pushing euphoric rallies on tokens, contributing to buying pressure and possibly influencing prices.

Trading volume in XRP and dogecoin (DOGE) is much higher than that of bitcoin (BTC) on South Korean crypto exchanges this week, a frenzy that may have helped raise prices of the two tokens in the crazed market.

CoinGecko data shows XRP and DOGE have cumulatively accounted for as much as 30% of trading volumes on Upbit, the country’s biggest exchange, and nearly 20% on Bithumb in the past 24 hours. That is unusually higher than usual leader bitcoin and indicates a short-term demand for the tokens in the country.

Part of these volumes could be attributed to wash trading, however, where automated programs continuously trade a token to give the illusion of a heavily traded market.

Upbit led XRP volumes in dollar terms across all global exchanges in the past 24 hours, including venues such as Binance and Coinbase, the data shows. (These trades were placed against Korean won but have been converted to U.S. dollars at current exchange rates).

Binance and Coinbase, however, lead DOGE trading volumes across global exchanges.

XRP and DOGE were the best-performing majors in the past weeks as BTC hit new lifetime highs. Both tokens are up more than 100% in the past 14 days, data shows, with their futures products surging to yearly highs.

In crypto circles, South Korean traders are known for pushing euphoric rallies on tokens, contributing to buying pressure and possibly influencing prices.

Gains in XRP started last week as the shifting U.S. regulatory climate supported growth in tokens related to companies hampered by the Securities and Exchange Commission’s (SEC) actions (XRP is closely related to Ripple Labs).

Meanwhile, DOGE has surged following a Republican win at the U.S. elections and a renewed promotional push by technocrat Elon Musk — who has been picked to lead the proposed Department of Government Efficiency (D.O.G.E) non-governmental unit under a Trump administration.

As such, attention from South Korean markets may mark a local top for tokens as it a sign of froth, as a CoinDesk analysis previously noted.
However, CoinDesk markets analyst Omkar Godbole sees growth in XRP prices in the near term.

“XRP is holding steady above $1 after a powerful rally—the strongest in three years! While intraday charts hint at a possible pullback, it could set the stage for another upward move,” Godbole said.

“Momentum indicators on longer charts are firmly bullish. Key supports to watch out for are 96 cents and 65 cents. Resistance looms at $1.26 and $1.40, echoing the supply zone from September 2021,” he added.

XRP trades at just over $1 as of Asian afternoon hours Wednesday. DOGE is just under 40 cents.

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Linh Nguyen https://cryptoinsider.asia/ <![CDATA[Bitcoin Mining Economics Improved in the First Half of November: JPMorgan]]> https://cryptoinsider.asia/bitcoin-mining-economics-improved-in-the-first-half-of-november-jpmorgan 2024-11-19T10:45:43Z 2024-11-19T10:45:43Z @ Crypto Insider

The total market cap of the mining stocks tracked by the bank grew 33%, the…

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The total market cap of the mining stocks tracked by the bank grew 33%, the report said.

Bitcoin (BTC) mining economics improved in the first half of November as the hashprice rose, JPMorgan (JPM) said in a research report on Monday.

The hashprice, a measure of mining profitability, “increased 29% since the end of October as the BTC rally outpaced network hashrate growth and transaction fees increased as a percentage of the block reward,” analysts Reginald Smith and Charles Pearce wrote.

The total market cap of the mining stocks the bank tracks surged 33%, or around $8 billion, from Oct. 31 to Nov. 15 owing to “BTC gains and broader crypto optimism post election,” the authors wrote.

Bitcoin, the world’s largest cryptocurrency, surged as much as 30% to all-time highs following Donald Trump’s victory in the U.S. presidential election earlier this month.

The network hashrate has risen 2% month-to-date to an average of 718 exahashes per second (EH/s), the report said. Hashrate refers to the total combined computational power used to mine and process transactions on a proof-of-work blockchain and is a proxy for competition in the industry and mining difficulty.

The 14 U.S.-listed miners in the bank’s coverage now account for about 28% of the global network, and their share of the network hashrate remains at record highs.

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