logo
Saucy sachet swaps: Heinz and the great Dubai ketchup amnesty

Saucy sachet swaps: Heinz and the great Dubai ketchup amnesty

What's On24-04-2025
Sponsored: How Heinz solved the problem of ketchup sachet stockpiles…
Have you got enough random ketchup sachets in your kitchen cabinets to sustain yourself through a simulated siege scenario? Are they all stacked like a condominium of condiments at the back of your cupboards or scattered in the miscellaneous trays of your fridge (which is a debate worth having, but we'll save for later)? Fret not, for you are not alone friends.
We're talking specifically here about the little sauce-filled Alcatraz packets that are nigh impossible to break into. Ingress is usually only possible by tearing off progressively smaller shreds of the top corners with your teeth – either yielding an insufficient, itinerant stream of ketchup or an immediate, room-repainting mortar bombardment of it. A perfect metaphor for their appearance in takeaway bags. You either get none or an amount that suggests the person that was packing your food was attempting to single-handedly exhaust the world's supply of sauce packets, dumping impossible quantities in with every order.
We won't squeeze silently in the dark any longer. And neither will arch ketchup ambassador, Heinz. They're using their sachet caché in the most positive and ingeniously creative way. There's a ketchup swap vending machine is at Dubai Airport Free Zone Food Court today, so now you can exchange your old, dog-eared sachets for brand new bottles of Heinz's alpha salsa – tomato ketchup.
You'll need five sachets of takeaway bag detritus to exchange for a brand new bottle of Heinz Ketchup, but that's about the best currency exchange deal we've heard of since the USD 5 Bitcoin.
Keep your eyes glued to the @heinzarabia socials form more…
Images: Provided
> Sign up for FREE to get exclusive updates that you are interested in
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Bitcoin briefly flips Google market cap as investors eye rally above $124K
Bitcoin briefly flips Google market cap as investors eye rally above $124K

Crypto Insight

time21 hours ago

  • Crypto Insight

Bitcoin briefly flips Google market cap as investors eye rally above $124K

Bitcoin climbed to an all-time high above $124,000 on Thursday, stoking fresh optimism that the next leg of price discovery could push the cryptocurrency's market value toward Apple's $3.4 trillion. Bitcoin hit an all-time high of $124,457, leading the world's first cryptocurrency to briefly surpass Google's $2.45 trillion market capitalization, becoming the fifth-largest global asset. 'Bitcoin all-time high and it's only Wednesday,' said Gemini co-founder Tyler Winklevoss in an X post, triggering a wave of optimistic responses, including from popular investor Kyle Chassé, who predicted that this would be the 'best week for Bitcoin.' Bitcoin's new milestone has inspired a new wave of optimism, as investors now eye the continuation of the price discovery phase, which may see Bitcoin surpass Apple's market capitalization next. Bitcoin would need to rise above $175,000 to flip Apple's current $3.4 trillion market capitalization, which may occur before the end of August, said crypto analyst and Taproot developer Udi Wertheimer in a Thursday X post. Still, the $175,000 price estimate remains modest compared to predictions by Arthur Hayes, co-founder of BitMEX and chief investment officer at Maelstrom, who predicted Bitcoin could climb to $250,000 in 2025 if the US Federal Reserve pivots to quantitative easing, injecting more liquidity into the financial system amid growing inflationary pressures. Institutional capital is driving Bitcoin's price momentum Bitcoin's new milestone bolstered the total crypto market capitalization above the $4.1 trillion for the first time in history. The current momentum signals increased 'institutional capital' driven by favorable macro tailwinds and growing regulatory clarity, according to Vugar Usi Zade, chief operating officer at Bitget exchange. US policy shifts, including the recently passed GENIUS Act, paired with 'structural shifts' such as 401(k) crypto allocations, are attracting more institutional capital that may sustain Bitcoin's upward momentum, Zade told Cointelegraph, adding: 'It is not just a wave of speculative enthusiasm; it is the groundwork for crypto's integration into mainstream portfolios.' Whether this signals the beginning of a 'multi-quarter bull market expansion or the crest before a consolidation phase will depend on how well the market absorbs its own momentum,' he said. Other industry watchers were also optimistic about Bitcoin's momentum. 'This is objectively the easiest BTC bull run set up ever,' wrote Jeff Park, the chief investment officer of ProCap BTC, in a Wednesday X post. Meanwhile,$126,000 is emerging as the next 'pivotal' price level to confirm another breakout, after Bitcoin flipped the $120,000 psychological mark into a significant support, wrote analyst Rekt Capital, in a Wednesday X post. Source:

Crypto Market Faces Major Sell-Off Amid High Inflation Data
Crypto Market Faces Major Sell-Off Amid High Inflation Data

Arabian Post

timea day ago

  • Arabian Post

Crypto Market Faces Major Sell-Off Amid High Inflation Data

The cryptocurrency market has suffered a significant blow, with over $500 million in liquidations across positions within just one hour. This sharp decline follows the release of the latest U. S. Producer Price Index report, which revealed unexpectedly high inflation figures. The data has dashed investor hopes for imminent interest rate cuts by the U. S. Federal Reserve, sparking widespread panic and a sell-off across multiple crypto assets. The PPI report, which tracks the change in prices that producers receive for goods and services, showed an uptick in inflation that exceeded analysts' expectations. The results were particularly alarming given the U. S. Federal Reserve's ongoing battle to control inflation. As a result, the market now faces a more aggressive stance from the central bank, with investors bracing for potential rate hikes rather than cuts, at least in the short term. This shift in sentiment has had a dramatic impact on risk assets, particularly in the volatile crypto market. Bitcoin, Ethereum, and several altcoins saw rapid declines in their valuations, with the overall market sentiment turning bearish. Liquidation volumes surged as traders, particularly those with leveraged positions, were forced to sell their assets to cover their margin calls. ADVERTISEMENT Bitcoin, the largest cryptocurrency by market capitalisation, saw a drop of over 5% in just a few hours, while Ethereum and other major altcoins followed suit with steep losses. The sell-off was not confined to smaller coins either; large-cap cryptos that are usually seen as more stable also witnessed significant price drops. Some analysts have warned that the market could continue its downward trajectory if inflation remains persistent and the Fed keeps its hawkish policy stance in place. The crypto market had previously been showing signs of optimism, especially after recent rallies that saw prices inch higher. Many market participants had hoped that the Federal Reserve, under pressure from slower economic growth, would begin to reduce interest rates in the latter half of 2023, which would typically support riskier assets like cryptocurrencies. However, the latest PPI figures dashed such expectations, leading to a sharp reversal in market sentiment. The primary concern now is the potential for more stringent monetary tightening, which could further dampen investor appetite for high-risk assets. Rising interest rates often drive capital out of speculative markets, as higher borrowing costs make riskier assets less appealing compared to traditional investments like bonds or equities. Some analysts are predicting that the current market instability could persist for some time, especially if inflationary pressures continue to be a concern. 'Cryptocurrencies are still seen as speculative assets, and as long as inflation remains high and the Fed is tightening, there is little room for these assets to flourish,' said one senior strategist at a leading global investment bank. The liquidations across the crypto market serve as a stark reminder of the inherent risks of trading in this volatile space. Traders leveraging their positions to maximise profits are particularly vulnerable in such an environment, as even small fluctuations in price can trigger substantial losses. The crypto market's high leverage environment is often seen as a double-edged sword, where both potential rewards and risks are amplified. Beyond the immediate price impact, there are broader concerns about how the crypto market might react to further tightening measures by the Fed. If inflation continues to exceed expectations, market participants may be forced to adjust their strategies, potentially driving further price declines. This shake-up has led to heightened calls for regulation within the crypto space. Industry experts have long argued that greater oversight is needed to protect investors and reduce the risks associated with volatile market movements. The sudden surge in liquidations underscores the importance of establishing clearer guidelines for trading and risk management in cryptocurrencies.

Bitcoin MENA 2025 reaffirms Abu Dhabi as global hub for digital asset innovation: ADNEC's Al Dhaheri
Bitcoin MENA 2025 reaffirms Abu Dhabi as global hub for digital asset innovation: ADNEC's Al Dhaheri

Zawya

timea day ago

  • Zawya

Bitcoin MENA 2025 reaffirms Abu Dhabi as global hub for digital asset innovation: ADNEC's Al Dhaheri

Mubasher: Bitcoin MENA will take place at the ADNEC Centre Abu Dhabi on 8-9 December 2025, marking a premier event for Bitcoin and cryptocurrency innovation in the Middle East, according to a press release. The two-day event is co-organized by ADNEC Group and BTC Media, aiming to showcase influential speakers, interactive workshops, and a dynamic exhibition. Managing Director and Group CEO of ADNEC, Humaid Al Dhaheri, said: 'The return of Bitcoin MENA reaffirms Abu Dhabi's emergence as a global hub for digital asset innovation and thought leadership.' Al Dhaheri added: 'Looking ahead to 2025, we are excited to collaborate with BTC Inc. to further elevate the platform, uniting international leaders and the region's dynamic ecosystem for an even more impactful event.' Meanwhile, the event is set to welcome renowned industry leader Michael Saylor, Co-Founder and Executive Chairman of Strategy, the company formerly known as MicroStrategy, as a keynote speaker. Saylor will share insights on the future of cryptocurrencies as part of the event's goal of boosting it as one of the region's premier events dedicated to the future of finance. Chief of Staff at BTC, Brandon Green, said: 'We are excited to combine the man pioneering capital market Bitcoin adoption with one of the most forward-looking economies in the world, in what will sure to be a historic keynote.' Bitcoin MENA has made its debut in 2024, cementing itself as a serious stop on the global Bitcoin calendar. The 2025 edition builds on that momentum, bringing the global Bitcoin conversation back to the heart of the Middle East. In addition, Abu Dhabi is emerging as a key hub for energy, finance, and digital infrastructure.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store