Apifiny intends to bolster its blockchain technology tool offerings and regulatory transparency through the merger, expected to close in Q3.

The post Crypto exchange Apifiny to go public via $530 million deal with Abri SPAC appeared first on The Block.

Litecoin Price Prediction – January 27 The Litecoin price prediction is bearish as the market has been consolidating for the past few hours below the [...]

The post Bitcoin Price Eyeing One More Deep Correction ! Will BTC Price plunge Below $30k This Time ? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

On Wednesday, all of the main cryptocurrencies saw strong gains. Last week, cryptocurrency prices plummeted, with Bitcoin falling to a nearly six-month low. On January 26, however, Bitcoin price recovered, shocking both the market and investors. It is now trading up by 2.6% at $37K level. In tandem, other tokens are on the rise too. …

Since January 22, Bitcoin Cash (BCH) has fallen to a low of $265 as bulls bought the dips. For the past five days, the cryptocurrency has been trading in the oversold region of the market.

The cryptocurrency market has not been performing well, and with over $1 trillion being liquidated in the market, most tokens are trading in the red [...]

The post Bitcoin Price Consolidates At $35k ! Here’s The Worst Case Scenario for BTC Price appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The crypto market’s continuing sell-off has wiped out more than $1 trillion in value. The BTC price has also fallen below the $38000 support level, indicating that a further loss is likely in the coming session. BTC Price Action BTC is presently trading at $35344, up 1.5 percent from yesterday’s price. The coin’s price is …

The post These Altcoins May Bounce Back Once the Market Initiates a Recovery! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Avalanche(AVAX) Avalanche(AVAX) is considered one of the most significant blockchains which is more focused on transaction speed, low costs and being eco-friendly. The AVAX token rallied more than 4800% in 2021 and was attempting to undergo a similar rally to hit the $200 milestone at the earliest. However, the market trembled drastically since the previous …

Riyadh, Saudi Arabia, Jan 20, 2022 - (JCN Newswire) - Hitachi Rail announced today that it has signed a 72.5 million EUR contract with Princess Noura Bint Abdul Rahman University to operate and maintain the autonomous metro system in Riyadh, Saudi Arabia for the next three years.
The Princess Nourah Bint Abdul Rahman University is the largest women university in the world able to host 60,000 students that can travel within the huge campus area with the autonomous train. The electric powered trains provide a sustainable low carbon alternative to travelling by car.

The rail network consists of four elevated lines spanning 11.5 km that connects 14 stations. The 22 two-carriage automated metro trains have a capacity of 110 passengers and can travel to a maximum speed of 60 km/h.

The contract will see Hitachi operate the whole autonomous metro system, while maintaining the trains and infrastructure, including stations, mechanical and electrical systems and the depot and viaduct. Hitachi Rail completed the building of the autonomous railway in May 2011.

Hitachi is the largest autonomous manufacturer in the world with 30% market share. The company first autonomous metro started running in Copenhagen in 2002, and was followed by Line 5 in Milan, Brescia, Line C in Rome and successful system in Riyadh, Saudi Arabia and Taipei, Taiwan. Other projects are in progress in Honolulu - Hawaii, Thessaloniki - Greece, and Australia.

Edoardo La Ficara, Executive Officer, Operation Service & Maintenance Division, Hitachi Rail said, "We are proud to be confirmed as operator and maintainer of the Princess Noura University automated metro. This award is an important further milestone that consolidates our presence in the Middle East, one of the Operation, Service and Maintenance Division target markets. We're happy to be able to contribute with our customers to the development of mobility in the countries in which we operate, in terms of growth and sustainable systems".

Hitachi Rail has operated and maintained the Princess Noura Bint Abdul Rahman University since March 2018. Building up on the recent announcement on the maintenance of the new Spanish very high speed fleet, this new award is proof of Hitachi's continuous and positive collaboration with its customers enabling to operate and maintain the system in Riyadh for the next three years, powering sustainable connectivity.

About Hitachi Rail

Hitachi Rail is a fully integrated, global provider of rail solutions across rolling stock, signalling, service & maintenance, digital technology and turnkey solutions. With a presence in 38 countries across six continents and over 12,000 employees, our mission is to contribute to society through the continuous development of superior rail transport solutions. We are proud of our global achievements, from our world -famous 'bullet trains', to our signalling solutions and turnkey projects, state--of-the-art traffic management and digital solutions. Drawing on the wider Hitachi Group's market-leading technology and research-and-development capabilities, we strive for industry leading innovations and solutions that can deliver value for customers and sustainable railway systems that benefit wider society. For information about Hitachi Rail, visit www.hitachirail.com.


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comHitachi Rail announced today that it has signed a 72.5 million EUR contract with Princess Noura Bint Abdul Rahman University to operate and maintain the autonomous metro system in Riyadh, Saudi Arabia for the next three years.

The post This is When Bitcoin May Break out of the Downtrend, BTC Price Plunge May Be Short-Lived One! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Bitcoin price is not less than a suspense thriller movie nowadays as whenever a breakthrough above $43,000 is close, the asset plunges hard below $41,000. And when we expect a breakdown below the support levels, the asset recovers a bit, consolidates and retest the $43,000 zone. And hence the BTC price dump may not be …

Cardano (ADA) is ignoring the overall cryptocurrency markets with sizeable rallies over the past week while Bitcoin consolidates near the $40,000 mark. Earlier this week, Sundae Swap, a decentralized exchange (DEX) built on Cardano, announced it was ready to go and planning on launching this Thursday. The launch features five rounds of ISOs available for […]

The post Cardano Takes Off On DEX Launch, ADA Up 35% In a Week appeared first on Coin Bureau.

Ethereum (ETH) continued its downward correction after the price met rejection at the high of $3,400. The bulls failed to overcome the recent high as the market reached an overbought region.

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