Shibarium, Shiba Inu's layer-2 scaling solution launched in August, has burned $1.5 million worth of SHIB, reducing supply and enabling low-cost transactions. Despite processing over 675 million transactions and reaching 2 million wallet addresses, SHIB's price fell 25% in two weeks amid a broader meme coin market decline.
Prothena Corporation's stock surged by 33.4% following the release of results from the Phase 2b PADOVA study of prasinezumab in early-stage Parkinson’s disease. The study, involving 586 participants, indicated a potential clinical effect on motor progression, particularly in those treated with levodopa, although it missed statistical significance overall. Positive trends were observed across various endpoints, and prasinezumab was well tolerated with no new safety concerns reported.
Rollblock's presale is gaining traction in the DeFi market, with analysts predicting an impressive 880% ROI for early investors before its official launch. As meme coins like PEPE, SHIB, and DOGE show mixed signals, Rollblock's innovative GameFi platform, featuring over 7,000 AI-powered games, is set to challenge traditional gains in early 2025. The platform emphasizes user experience and security, with its smart contract audited and licensed by the Gaming Anjouan authority.
By 2025, the crypto landscape will undergo a significant transformation, with Bitcoin poised to become a global reserve asset, potentially surpassing $200,000. Decentralized finance (DeFi) will gain mainstream traction, driven by influential figures, while decentralized AI protocols and fair launches will redefine innovation and ownership in the sector. Regulatory frameworks will emerge, fostering institutional investment and positioning regions like the EU, Hong Kong, and Singapore as crypto hubs.
Justin Sun allegedly pressured CoinDesk's new owners, Bullish, to remove a critical article about his $6.2 million purchase and public consumption of a banana artwork by Maurizio Cattelan. The piece, which also highlighted Sun's legal troubles with the SEC, raised concerns among CoinDesk's journalists regarding editorial independence after its removal. Despite the article being taken down, a version remains available through Yahoo News, intensifying tensions between the editorial team and Bullish.
Mira Network's Node Delegator Program sold out its initial $250,000 capacity within hours, reflecting strong market interest in decentralized AI infrastructure. With 5,000 successful participants and over 25,000 applicants, the program aims to democratize access to AI technology through partnerships with leading node operators. Mira focuses on enhancing AI reliability using advanced consensus mechanisms and distributed verification protocols, positioning itself as a pioneer in trustless AI systems.
UBS has raised its price target on Netflix from $825 to $1,040, maintaining a 'buy' recommendation. The firm anticipates strong growth driven by upcoming content, including new seasons of popular series and sports broadcasts, projecting annual sales growth of 12.3% and a 24% increase in operating profit by 2027.
UBS has raised its price target for Netflix from $825 to $1,040, maintaining a 'buy' recommendation. The firm anticipates strong growth driven by upcoming content, including new seasons of popular series and live sports, projecting annual sales growth of 12.3% and a 24% increase in operating profit by 2027.
UBS has maintained a "Neutral" rating for ABB with a target price of 50 francs ahead of the company's quarterly results. Analyst Andre Kukhnin anticipates a mixed performance for the final quarter, although the outlook for 2025 remains positive.
UBS Group AG has reduced its holdings in Adriatic Metals Plc, decreasing its voting rights from 7.13% to 5.65%. This adjustment may influence the company's market positioning and strategic decisions, potentially affecting shareholder interests. Adriatic Metals currently has a market cap of £651.3M and a year-to-date price performance of -0.95%.

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