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altcoins poised for significant gains as bitcoin targets historic price levels

As Bitcoin targets $150,000, several altcoins are poised for significant growth. DOGEN, a meme coin on the Solana blockchain, has surged 333% in presale and aims for a 500% increase. Established coins like Ethereum, TRON, BNB, and Solana also show potential for steady gains amid market excitement.
crypto.news
Crypto, Market Report
22:16 27.12.2024

solana faces challenges as dapp volumes drop and price struggles to hold

Solana's native token, SOL, has struggled to maintain levels above $200, experiencing a 5.1% correction amid a broader market decline. A 30% drop in weekly DApp volumes raises concerns, particularly as memecoins underperform, yet derivatives data suggests limited downside risk below $180, indicating some optimism among market makers.
Cointelegraph
USA
Finance & Economy, Market Report
22:10 27.12.2024

ubs maintains sell rating for tesla with price target of 226 dollars

UBS has maintained a "Sell" rating for Tesla, setting a price target of $226 ahead of the fourth-quarter delivery figures. Analyst Joseph Spak slightly lowered his estimates, indicating they are below market expectations, and noted that the significance of delivery figures may diminish due to Tesla's shift towards AI.
boerse.de
United States Dollar USA Joseph Spak
Finance & Economy, Market Report
22:05 27.12.2024

parcl achieves record trading volume sparking optimism for solana's real estate market

Parcl, a decentralized real estate index trading platform on Solana, achieved a record $100 million in daily trading volume, signaling a potential revival in the Real-World Asset (RWA) market. This surge follows a period of low activity post its Token Generation Event, with daily transactions now exceeding 16,000. To further engage users, Parcl has launched a trading competition with a prize pool of 675,000 PRCL, aiming to attract more traders as the RWA sector gains traction.
Coinspeaker
Step Finance USD USA Raj Gokal
Finance & Economy, Market Report
21:53 27.12.2024

UBS maintains sell rating on Tesla amid diverse revenue streams

UBS has maintained a Sell rating on Tesla, Inc., which primarily designs, builds, and sells electric vehicles. The company's net sales are largely derived from automotive vehicle sales (81.1%), with additional revenue from services (8.6%), energy systems (6.2%), leasing (2.2%), and credits (1.9%). As of the end of 2023, Tesla operates seven manufacturing sites across the U.S., China, and Germany, with net sales distributed mainly in the U.S. (46.7%) and China (22.5%).
MarketScreener
United States Dollar Tesla, Inc. USA CHN DEU Elon Musk Show more
Technology & Innovation, Market Report
21:53 27.12.2024

Tesla's diverse revenue streams and global production expansion plans

Tesla, Inc. focuses on designing, manufacturing, and marketing electric vehicles, with 81.1% of sales from motor vehicles. The company operates seven production sites by the end of 2023, with sales primarily from the USA (46.7%) and China (22.5%). Additional revenue comes from services, energy systems, leasing, and loans.
Zonebourse
United States Dollar Tesla, Inc. USA CHN DEU Elon Musk Show more
Technology & Innovation, Market Report
21:53 27.12.2024

ubs maintains sell rating on tesla with target price of 226 dollars

UBS has maintained a 'Sell' rating for Tesla, setting a price target of $226 ahead of the fourth-quarter delivery figures. Analyst Joseph Spak slightly reduced his estimates, indicating they are below market expectations, and expressed skepticism about the significance of the upcoming delivery numbers in light of Tesla's shift towards AI.
MarketScreener
United States Dollar USA Joseph Spak
Finance & Economy, Market Report
21:53 27.12.2024

crypto industry urges congress to reject new defi broker regulations

The crypto industry is urging Congress to overturn new IRS regulations classifying several decentralized finance (DeFi) protocols as brokers, which require Know Your Customer disclosures. Critics argue the rules overreach and threaten the US crypto sector, with calls for action under the Congressional Review Act. Advocacy groups warn this move could push the industry offshore, while the IRS estimates the regulations will impact 2.6 million taxpayers.
Cointelegraph
USA Miles Jennings Miles Fuller Jake Chervinsky Kristin Smith Alexander Grieve Show more
Regulatory & Legal, News Article
21:42 27.12.2024

pig butchering scams cause record 3.6 billion in crypto losses in 2024

Pig butchering scams have emerged as the leading crypto fraud scheme in 2024, resulting in $3.6 billion in losses, primarily on the Ethereum blockchain. Over 150,000 addresses were linked to these scams, which often involve long-term grooming of victims through dating apps and social media. In response, experts are calling for enhanced user education, improved wallet security, and stricter regulations for crypto platforms to combat this growing threat.
CryptoSlate
WazirX USD
Regulatory & Legal, Market Report
21:28 27.12.2024

nist proposes wider aes encryption standard to enhance quantum security

NIST has proposed standardizing AES encryption to a 256-bit block size to accommodate the increasing data demands of modern applications. This move aims to enhance quantum security, as larger key lengths can protect against potential quantum computing threats, which remain decades away. Meanwhile, initiatives like Ethereum's quantum-proofing plan and recent post-quantum cryptography tests by the Singapore Monetary Authority and Banque de France highlight ongoing efforts to secure digital communications against future quantum capabilities.
Cointelegraph
Euro United States Dollar Ethereum USD Google Inc. Microsoft Corp SGP USA FRA Adam Back Satoshi Nakamoto Vitalik Buterin Show more
Technology & Innovation, News Article
21:22 27.12.2024
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