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Two main reasons for HSBT hits a record high

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Cryptocurrency assets $HSBT temporarily surpassed $1,000 on the LATOKEN Exchange on the 5th, Jan. It hits a record high since its listing.

Reason 1 – halving

HSBT Mining has a different halving from Bitcoin and reaches once every six months. Bitcoin reached its halving in May 2020 and hit a new high. Theoretically, HSBT is expected to grow 8 times faster than Bitcoin. Once you participate in HSBT Mining, you can continually mine for 5 years and receive daily mining rewards. Besides, With each halving, the amount of HSBT being mined decreases. HSBT is similar to Bitcoin, the maximum number of issues is fixed, and the supply decreases significantly with each “halving”. If the demand continually surpasses the supply, there will be a remarkable inflow of loose monetary funds into the stock market. After listed companies and institutional investors enter the market, they will surely boost the price up.

Reason 2 – DeFi market growth and lock ratio

Since June of last year, the “second boom” of the DeFi (Decentralised Finance) market has arrived.

In Jan 2021, DEX (Decentralised Exchange) trading volume recorded 42 billion dollars (approximately 4.3 trillion JPY). The market volume continues to grow, and TVL (Total Value Locked) in the DeFi market has grown steadily, reaching 26 billion dollars (approximately 2.6 trillion JPY) as of January 25, 2021. Large investors are actively investing in the DeFi market. Furthermore, a new generation of Ethereum 2.0 mainnet went into operation in November 2020. As Ethereum reaches a historical turning point from the consensus algorithm Proof of Work (PoW) to Proof of Stake (PoS), the crypto-economic incentives for transaction validation will change significantly.

※ Date from Ethereum Launchpad

The staking reward is equally divided among the validators that correspond to the Bitcoin miners. As the validator network size increases, the network robustness will increase simultaneously, and the expected reward value decreases. Hence, the locked amount surpassed 1 billion dollars shortly after launch, boosting price increases. As well as, the newly launched HSBT looks like its influx of staking has boosted prices.

Regarding the above graph, it is calculated that the maximum APR (Annual Percentage Rate) of 21.6% at the beginning of the operation has settled down to 9.5% as of January 20. Nonetheless, investors can receive a high yield compared to the dividend yield of the market. In conclusion, staking has become popular with long-term investors. HSBT has 11141 addresses, which is 37% of the token holders, stakes, overwhelming other PoS tokens. The supply quantity (floating amount) of HSBT in the market is easy to narrow down. The market structure is improving the supply and demand side. The unique halving and unique staking design led to the predictably new highest price. It is expected the next halving in March 2021.

■Contact

URL: https://hsbt-mining.com/

Email address: [email protected]

Twitter: https://twitter.com/HSBT_official

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Town of Windsor Community Leaders Join CRP to celebrate area’s newest affordable housing community

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The Ribbon Cutting of Redwood Views Apartments expands on the Town of Windsor efforts to provide secure and affordable housing to its residents and local community

New York City, New York Mar 28, 2024 (Issuewire.com) – Community and business leaders gathered with representatives from CRP Affordable Housing & Community Development to celebrate the Ribbon Cutting of Redwood Views Apartments–a 52-unit affordable housing development in Windsor that provides housing for individuals and families that earn in between 30% and 60% of the area median income. The project was delivered in November of 2023 and all units are currently occupied.

Sam Salmon, Councilmember District 2 of Windsor both spoke and attended the ribbon cutting ceremony. “Welcome Redwood Views to Windsor,” said Councilmember Salmon. “This is now the Town to call your own; to receive all the good it offers and love it can provide. Thank you for joining the community that we can all call our home.”

Redwood Views offers spacious 1-,2-, and 3-bedroom apartment homes that include several upgraded amenities. This includes large closets, faux wood flooring, stainless-steel appliances, and in-unit dishwashers. Community amenities include on-site property management, a clubhouse/community room, an on-site laundry room, a children’s play area, and BBQ/picnic areas.

Total costs for Redwood Views just surpassed $30 million. Financing for the development was provided by Citi Bank, CREA, LLC, Sonoma County Community Development Commission, the California Tax Credit Allocation Committee (CTCAC) and the California Department of Housing & Community Development.

CVS Health was also an investor in the property through CREA, LLC. CVS Health’s investment in Redwood Views demonstrates the company’s commitment to improving the health of individuals across the country, which begins with providing access to quality, safe, affordable housing, especially in historically underserved communities. To date, CVS Health has invested over $295 million to create, preserve and renovate nearly 14,000 affordable senior, family and permanent supportive homes across the State of California, including the homes at Redwood Views.

“The first step to improving an individual’s wellbeing is addressing housing insecurities. When someone is worried about keeping a roof over their head, their health needs are often pushed to the back burner, including care for chronic conditions,” said Addison Beverly, Business Development Manager for California Medicare at Aetna, a CVS Health company. “We recognize the significant impact that Redwood Views will bring to the members of the Windsor community, and we are incredibly proud of our investment in this development.”

Redwood Views embodies CRP Affordable Housing’s core values of sustainability, equity, community support, and impactful collaboration.

Paul Salib, CEO of CRP Affordable Housing not only expressed pride for the completion of the project, but also its impact within the Town of Windsor and its residents. “This brand-new project is a terrific addition in the Town of Windsor that offers a sense of community to its residents and neighbors. We have heard countless anecdotes from those who grew up in the community that are unable to return home due to inflated housing costs. This community offers affordable housing for those who wish to live in the Town of Windsor.”

Media Contact

CRP Affordable Housing & Community Development

*****@crpaffordable.com

122 East 42nd Street Suite 1903

https://www.crpaffordable.com/

Source :CRP Affordable Housing & Community Development

This article was originally published by IssueWire. Read the original article here.


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City of Elk Grove Mayor Singh-Allen and Vice Mayor Brewer join CRP in the Pardes 1 Groundbreaking

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Rendering 1

The Pardes Apartments first phase of 96 units is expected to be completed by August of 2025

New York City, New York Mar 28, 2024 (Issuewire.com) – Mayor Bobbie Singh-Allen and Vice Mayor Rod Brewer joined CRP Affordable Housing & Community Development to break ground on a two-phase affordable housing community that will serve families and individuals earning 30% to 80% of the area median income. Located at the southeast corner of Poppy Ridge Road and Big Horn Boulevard, the site is surrounded by several existing and planned new communities, illustrating the positive trajectory of the city of Elk Grove.

Mayor Bobbie Singh-Allen expressed her gratitude for Elk Grove’s partnership with CRP, while emphasizing the urgency to address the affordable housing crisis in a recent article from the Sacramento Bee. “I’m just so proud of our partnership with CRP. I really want to give a shout out to our team, including our staff who played an instrumental role in getting us to this great day today. The affordable housing crisis is statewide, it’s nationwide, and we know that in the city of Elk Grove.”

The Pardes Apartments will provide a total of 236 1-, 2-, and 3-bedroom apartment homes, with sizes ranging from 629 square feet to 1,339 square feet. Apart from one on-site property manager unit, all units will be reserved for individuals and families earning between 30% and 80% of the area median income. Residents will also have access to a variety of upgraded in-unit and community amenities, including spacious floor plans, upgraded flooring and counter tops; on-site laundry facilities; and a children’s play area. The community will also offer residents outdoor and indoor gathering spaces, while also providing direct social services such as educational activities, job search preparation training, and resource procurement assistance and advocacy.

In the same Sacramento Bee article, Vice Mayor Rod Brewer expressed the project’s attractive location, which will only be strengthened by the new community. “You have great schools to the north and to the south, you have a firehouse right back of you, you have an institute of higher learning (Cosumnes River College’s Elk Grove Center) not too far away — so this is a community that’s going to grow. It’s a community where everyone will be welcomed.” He continues by saying “We do have a need for affordable housing. Pardes Apartments fulfills that purpose in helping us grow our community and be a stronger community. It was a team effort getting to this point. It’s going to be a team effort getting us to the finish line and providing homes so people can begin developing their dreams here in Elk Grove.

According to the city of Elk Grove’s most recent housing element, the municipality’s Regional Housing Needs Allocation (RHNA) goal is to build an additional 8,263 homes by 2029. Not only will this project assist Elk Grove in meeting its total goal, but also in the much-needed lower income categories.

Financing for this development was provided through a number of sources: Citi Bank, CREA, LLC; Housing Trust Silicon Valley, and Century Housing. Furthermore, eight units will be reserved for individuals and families at-risk of homelessness, because of Sacramento Housing and Redevelopment Agency’s contribution of eight project-based vouchers.

Paul Salib CEO of CRP Affordable Housing reiterates not only his excitement for the project but the need for affordable housing in all communities in the Sacramento Bee article. “This is a project we’re very proud of and we’re looking forward to getting it built,” Salib said. “Affordable housing is getting out of hand. The problem is getting worse and worse. These are much needed projects. Rents are skyrocketing, inflation is still not under control. These projects are super important.”

Rendering 2Groundbreaking Photo

Media Contact

CRP Affordable Housing & Community Development

*****@crpaffordable.com

122 East 42nd Street Suite 1903

https://www.crpaffordable.com/

Source :CRP Affordable Housing & Community Development

This article was originally published by IssueWire. Read the original article here.


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Finerca Celebrates Milestone of 10,000 Clients with Launch of Exclusive Master Course in CFD Trading

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Unlock Financial Success with Finerca Academy’s New Master Course

New York, NY – 28/03/2024 – (SeaPRwire) – Finerca, the leading provider of educational trading courses, proudly announces a significant milestone: reaching 10,000 clients. To commemorate this achievement and further empower aspiring traders, Finerca is excited to unveil its latest offering – a cutting-edge Master Course in Contract for Difference (CFD) trading.

Limited Time Offer: Enroll Now for Only $10 >> https://finerca.com/

Empowering Traders through Knowledge: Finerca’s Commitment to Success

At Finerca, they understand that knowledge is the key to success in the dynamic world of trading. their mission has always been to equip their clients with the tools and education necessary to navigate the capital markets confidently. With the launch of their Trading Course Academy, they continue to uphold this commitment by providing unparalleled resources designed to foster financial literacy and empower individuals to achieve their trading goals.

A Vision of Excellence: Finerca Academy’s Comprehensive Educational Platform

Whether the user is a novice trader taking users’ first steps into the world of finance or a seasoned professional seeking to refine users’ skills, Finerca Academy offers a comprehensive range of educational materials tailored to meet users’ needs. From informative articles and engaging videos to interactive webinars and more, their platform is designed to cater to diverse learning styles and preferences.

Charting Path to Success: Flexible Learning Options with Finerca

At Finerca, they recognize that every trader’s journey is unique. That’s why they offer flexible learning options that allow users to tailor users’ educational experience according to users’ individual preferences. Whether users prefer to follow a structured curriculum or chart users’ own course, Finerca Academy provides the resources and support users need to become the ultimate trader.

Discover the Art of Financial Mastery: Enroll in Finerca’s Master Course Today

As they celebrate the milestone of 10,000 clients, they invite users to join us on a journey of discovery and empowerment. With their new Master Course in CFD trading, users’ll gain invaluable insights and strategies to unlock financial success in today’s competitive markets. Don’t miss this opportunity to take users’ trading skills to the next level – enroll in Finerca Academy’s Master Course today! List of all their courses can be found here: https://finerca.com/course/

About Finerca

Finerca is a premier provider of educational trading courses, dedicated to helping individuals around the world achieve financial success. With a commitment to excellence and a passion for empowering traders through knowledge, Finerca is proud to be a trusted resource for aspiring investors everywhere.

Contact Information:

For media inquiries or to learn more about Finerca Academy and their latest Master Course in CFD trading, please contact:

Lea Zima – Head of marketing

Finerca Academy

[email protected]

https://finerca.com/

SOURCE: Finerca Academy

 

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