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investors turn to fxguys as dogecoin and avalanche prices decline

The DeFi market faces turmoil as Dogecoin and Avalanche experience significant price declines, prompting investors to seek alternatives like FXGuys ($FXG), which offers real-world utility and innovative features. FXGuys' Trader Funding Program and Trade2Earn initiative attract interest, with a presale currently underway, raising over $3 million and projecting a 150% price increase by launch. As bearish sentiment grows around DOGE and AVAX, $FXG emerges as a promising investment opportunity for those aiming to turn $100 into $10,000.
NullTX
Avalanche USD
Crypto, Press Release
19:48 24.12.2024

Bitcoin dominance declines as altcoins prepare for potential surge

Bitcoin is currently facing resistance around $100,000 while finding support at $94,000. A recent breakdown in Bitcoin dominance suggests a potential shift towards Altcoins, indicating an upcoming Altseason, historically following BTC consolidation. As Altcoins gain strength, traders may find new opportunities for growth in the coming months.
Bitcoinist.com
Jelle Sels
Crypto, Market Report
19:30 24.12.2024

Nasdaq Leads Market Rally Ahead of Holiday with Key Stocks in Focus

The Nasdaq is leading the market as it approaches the holiday season, with particular attention on Nvidia, Atour Lifestyle, and Fiserv. Investors are advised to look for changes in the market using specific strategies and signals to navigate this period effectively.
Investor's Business Daily
Fiserv, Inc. NVIDIA Corporation
Finance & Economy, Market Report
19:26 24.12.2024

MicroStrategy convenes special meeting to enhance Bitcoin investment strategy

MicroStrategy has called a Special Meeting of Shareholders to discuss proposals aimed at advancing its Bitcoin-focused 21/21 Plan and enhancing capital-raising efforts. Key agenda items include increasing authorized Class A shares from 330 million to 10.33 billion, raising preferred shares from 5 million to 1.005 billion, and amending the 2023 Equity Incentive Plan to align new directors' compensation with the company's long-term Bitcoin strategy.Recently, founder Michael Saylor announced the acquisition of 5,262 BTC, bringing MicroStrategy's total holdings to 444,262 BTC, purchased at an average cost of $62,257 per Bitcoin, with the latest acquisition made at a record price of $106,662 per coin.
CryptoPotato
MicroStrategy Inc USA Michael J. Saylor
Finance & Economy, Market Report
19:18 24.12.2024

bitcoin mining stocks struggle despite cryptocurrency surge in 2024

Bitcoin has surged 113% in 2024, yet most mining stocks have struggled, with many ending the year in the red, some down as much as 84%. Miners faced challenges from reduced rewards following the April halving, increased operational costs, and rising mining difficulty, prompting many to seek capital through stock offerings and diversify into sectors like AI. Notably, Core Scientific's partnership with CoreWeave aims to generate significant revenue from AI computing power.
Cointelegraph
BitFuFu Inc. MARA Holdings, Inc. TeraWulf Inc. Argo Blockchain plc Sphere 3D Corp. NORTHERN DATA Core Scientific, Inc. Hive USD Iris Energy Ltd CIPHER-CORE, Inc. Bitfarms Ltd. Hut 8 Corp. Show more
Finance & Economy, Market Report
19:18 24.12.2024

microstrategy plans massive bitcoin purchase amid strong market rally

The Santa Claus Rally commenced on Christmas Eve, with major indices closing higher, led by a 7.4% surge in Tesla. MicroStrategy's stock rose 7.8% as it seeks shareholder approval to increase its Class A common stock to fund significant bitcoin purchases, aiming for $42 billion by 2026. Analyst Gautam Chhugani anticipates further market recognition for MicroStrategy, especially with its recent Nasdaq-100 inclusion and potential S&P 500 entry by 2025.
Kiplinger.com
MicroStrategy Inc Tesla, Inc. Netflix, Inc. Broadcom Inc. Super Micro Computer, Inc. USA Gautam Chhugani Justin Patterson Ryan Detrick Show more
Finance & Economy, Market Report
19:11 24.12.2024

LCX advances MiCA compliance with pre-application for regulatory license in Europe

LCX, a Liechtenstein-based crypto exchange, has submitted a pre-application for the MiCA license under the Financial Market Authority, positioning itself as a leader in regulatory compliance ahead of the rules taking effect on February 1, 2025. This license will enable operations across 30 EEA countries, enhancing its service offerings with new tokens like AIOZ, USUAL, BRETT, MOVE, and SERV. Additionally, LCX has introduced an Address Management feature to improve fund security by allowing users to manage trusted withdrawal addresses, further prioritizing user safety.
Coinspeaker
LCX USD NOR ISL LIE Monty C. M. Metzger Show more
Regulatory & Legal, Press Release
19:11 24.12.2024

U.S. stocks rise ahead of Christmas holiday amid quiet trading session

U.S. stocks rose on Tuesday during a shortened trading session ahead of the Christmas holiday, with the S&P 500 climbing 1.10%. The market's positive momentum suggests a potential Santa rally, while bonds experienced some selling activity.
Seeking Alpha
United States Dollar AstraZeneca PLC USA
Finance & Economy, Market Report
19:10 24.12.2024

justin sun addresses ethereum liquidation rumors amid market volatility

Justin Sun, founder of Tron, has denied rumors of liquidating his Ethereum holdings amid a 13% price drop over the past week. He clarified that recent transfers were internal and reaffirmed his bullish stance on Ethereum, which is currently trading at $3,453.04. Sun's statement has alleviated market fears, restoring confidence among investors.
Blockchain News, Opinion, TV and Jobs
TRON USD CHN Javon Marks Elon Musk Justin Sun Show more
Crypto, Market Report
19:04 24.12.2024

stock market to close early for christmas eve amid positive trading rally

U.S. stock markets rallied on Tuesday, with the S&P 500 up 0.8% and the Dow Jones Industrial Average gaining 273 points ahead of an early closure at 12 p.m. CT for Christmas Eve. Notable gains included Tesla rising 5.1% and Broadcom increasing by 2.9%. Markets will remain closed on Wednesday, with several economic reports expected later in the week.
NBC Chicago
United States Dollar Amazon.com, Inc. Broadcom Inc. Super Micro Computer, Inc. Tesla, Inc. U. S. Steel Canada Inc. Retirement Plan for CAW Local 523 Employees of the Former Stelpipe Ltd. NVIDIA Corporation AMERICAN AIRLINES GROUP NeueHealth, Inc. USA JPN Donald Trump Show more
Finance & Economy, Market Report
19:02 24.12.2024
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