Shiba Inu ecosystem lead Shytoshi Kusama has promised to silence critics soon, following a notable partnership with Chainlink that enhances the interoperability of SHIB, BONE, and LEASH across 12 blockchains. This collaboration is seen as the first step in a larger strategy, with more significant announcements anticipated to further bolster the project and address skepticism. Developer Kaal Dhairya hinted that upcoming developments will be even more impactful than the Chainlink integration.
Chainlink is revolutionizing corporate action data by partnering with major financial entities like Euroclear, Swift, and Franklin Templeton to enhance market efficiency and reduce fragmentation. The initiative aims to standardize data across equity and fixed-income securities, utilizing decentralized oracles and advanced technologies for seamless blockchain integration.Currently, Chainlink (LINK) is trading at approximately $29, experiencing significant price appreciation. Analysts predict potential price targets of $47 to $61 if it surpasses key resistance levels, while concerns over whale movements from Binance add volatility to the market.
Ripple's XRP has fallen below the crucial support level of $2.35, currently trading at $2.31. The market shows indecision as bulls attempt to push the price above the 21-day SMA, while bears threaten further declines towards the $1.52 support. Key resistance remains at $2.80, with ongoing fluctuations expected.
UBS has assigned a Neutral rating to Canal+ following its debut on the London Stock Exchange, setting a target price of 240p. The firm acknowledges potential for significant free cash flow growth but cites risks related to the MultiChoice acquisition, for which Canal+ has made a non-binding offer for remaining shares.
UBS has assigned a Neutral rating to Canal+ with a target price of 240p. BOURSORAMA, acting solely as a distribution channel, clarifies that it has not influenced the analysis, which is provided for informational purposes only and does not carry contractual value. The institution maintains a conflict of interest management policy to ensure objectivity in its investment recommendations.
The competition for DeFi dominance in 2025 is heating up, with Ethereum, Binance Coin, Solana, and the emerging Lightchain AI as key players. Lightchain AI stands out with its innovative AI integration, Memecoin Launchpad, and unique Proof of Intelligence consensus mechanism, positioning it as a strong contender in the evolving DeFi landscape. As the market develops, all eyes will be on these platforms to see who will lead the charge.
Ark Invest sold 13,780 shares of Coinbase for approximately $3.9 million amid market volatility following Jerome Powell's hawkish speech, which caused a 10% drop in Coinbase's stock price to $279.86. Despite this, Coinbase is up 61% year-to-date, and Ark retains $110 million in shares, representing 9.9% of its ARKF portfolio, reflecting a strategic risk management approach. This move aligns with Ark's history of adjusting its Coinbase holdings in response to market conditions.
Nestle has launched a new protein shot designed to aid weight loss by helping manage hunger and naturally boost GLP-1 hormone levels. Meanwhile, the FDA has declared the shortage of tirzepatide, the active ingredient in Eli Lilly’s Zepbound, over, impacting the weight-loss drug market. The rise in popularity of medications like Wegovy and Zepbound is also leading to increased healthcare utilization in the U.S., with more patients being diagnosed and prescribed for various conditions.
A report by the Parliamentary Commission of Inquiry reveals that Credit Suisse's collapse stemmed from strategic errors, mismanagement, and reliance on regulatory concessions. UBS, which acquired Credit Suisse in 2023, supports proposals to enhance the financial center's resilience but insists that regulatory adjustments should be targeted and internationally coordinated. Following the acquisition, UBS is required to hold an additional $20 billion in capital.
UBS has welcomed the Parliamentary Commission of Inquiry's findings on the Credit Suisse collapse, which hold former directors accountable and recommend regulatory enhancements. The Swiss Bankers Association supports increased public liquidity for systemically important banks, while Finma acknowledges the criticisms but seeks new powers for better oversight. The Swiss National Bank emphasizes its commitment to strengthening regulations in the financial sector.
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