ubs maintains sell rating for 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 adjusted 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. As of December 27, Tesla's stock was trading at approximately $429.93, reflecting a decline of 5.30%.

UBS maintains sell rating on Tesla with price target of 226 dollars

UBS AG 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.

Bitcoin poised for breakout as bullish momentum builds towards 100000 mark

Bitcoin is showing signs of a potential breakout, with upward momentum building as it approaches the critical $100,000 mark. Technical analyst Trader Tardigrade notes that BTC has maintained an Ascending Channel formation, suggesting a rally could push it to $110,000 if it sustains support just below $98,000. Recent price movements indicate renewed strength, despite a temporary decline due to increased inflows into exchanges, which often signal a sell-off.

Solana and Toncoin Show Promising Growth Amid Market Fluctuations

Solana and Toncoin are experiencing bullish momentum, with increasing transaction volumes indicating investor accumulation. Solana's price has dipped but shows potential for recovery, while Toncoin's recent price fluctuations suggest a possible upward trend. Both cryptocurrencies can be traded on a user-friendly platform that prioritizes security and ease of access.

ryan salame's prison release date moved up to march 2031

Ryan Salame, the former co-CEO of FTX Digital Markets, has had his prison release date moved up to March 1, 2031, after serving a 7.5-year sentence for conspiracy to make unlawful political contributions and operate an unlicensed money-transmitting business. Initially set for release in April 2032, his sentence was shortened following a legal delay related to the indictment of his child's mother. The FTX exchange's collapse in November 2022 led to significant legal repercussions for its founder, Sam Bankman-Fried, who was sentenced to 25 years in prison.

do kwon to be extradited to us after losing montenegro appeal

Do Kwon, the founder of Terra (LUNA), is set to be extradited to the US after losing an appeal in Montenegro's Constitutional Court. The court confirmed that the conditions for extradition were met, favoring the US over South Korea, where Kwon also faces charges. He was arrested in March 2023 while attempting to flee with a fake passport, accused of orchestrating a Ponzi scheme that resulted in a $40 billion loss for investors.

Bitget to Enhance Gas Payments with BGB Token and Major Supply Burn

Bitget is set to enhance cross-chain payments by prioritizing its BGB token for gas fees through the new GetGas feature, launching in January 2025. This initiative will allow users to pay gas fees using BGB, USDT, or USDC, simplifying transactions across multiple blockchains.Additionally, Bitget plans to burn 40% of its BGB token supply, reducing it from 2 billion to 1.2 billion tokens, with quarterly burns starting in 2025 funded by 20% of profits. This strategy aims to increase demand for BGB, potentially positioning it among the top 10 foundational assets in the crypto market.

DTX Exchange poised for rapid growth amid Ripple and Dogecoin declines

DTX Exchange is gaining traction with a 500% surge during its presale, attracting over 300K users and raising over $10M. Experts predict it could become a 3x crypto coin by 2025, especially as Ripple and Dogecoin face downturns, positioning DTX for rapid growth in the $133T bonds market.
20:06 27.12.2024

crypto analyst warns of potential correction for surging altcoin HYPE

A prominent crypto analyst warns that HYPE, the altcoin of the Hyperliquid platform, may face a significant correction after a 600% surge, predicting a "long slow bleed" down to at least $20. While another trader suggests it will fluctuate between $25 and $30 in the short term, he remains optimistic about future growth as market volumes increase.

crypto market gains momentum as hacks surge and notable donations emerge

In a week marked by significant developments in the crypto space, the Bitget Token surged over 81% following a merger, while Vitalik Buterin adopted a viral pygmy hippopotamus with an 88 Ether donation. Meanwhile, James Howells continues his legal battle to recover a hard drive containing $773 million in Bitcoin lost in a landfill. South Korea imposed sanctions on 15 North Koreans linked to cyber thefts, as crypto hacks in 2024 reached $2.3 billion, a 40% increase from the previous year.
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