Bitcoin's price has dropped over 11% from its recent all-time high of $108,360, raising concerns about a potential local top. Analysts suggest a possible dip to the $88,000–$90,000 range before a rebound, while a bearish divergence signals the risk of a deeper correction below $90,000. Key support levels to watch include $66,600 and $57,000, with a breakout above $102,000 potentially targeting $114,650.
Nike, Inc. focuses on designing, manufacturing, and marketing sports footwear, apparel, and equipment, with footwear accounting for 68.6% of sales. The company operates 1,045 stores globally and generates revenue primarily from North America (41.6%) and Europe-Middle East-Africa (26.5%). Other regions include China (14.7%) and Asia-Pacific and Latin America (13.1%).
NIKE Inc. focuses on designing, manufacturing, and marketing sports footwear, clothing, and equipment, with net sales primarily from footwear (68.6%), clothing (27%), and sports equipment (4.1%). As of May 2024, the company operates 1,045 stores globally and generates sales mainly from North America (41.6%) and Europe/Middle East/Africa (26.5%).
Nike, Inc. focuses on designing, manufacturing, and marketing sports footwear, apparel, and equipment, with net sales primarily from footwear (68.6%) and apparel (27%). As of May 2024, the company operates 1,045 stores globally and generates significant revenue from North America (41.6%) and Europe/Middle East/Africa (26.5%).
UBS has reduced its price target for Nike from $80 to $73 while maintaining a "Neutral" rating. Analyst Jay Sole highlights ongoing risks, noting that the time and costs to normalize inventories are underestimated and that the introduction of new products is unlikely to accelerate as anticipated.
Shiba Inu has partnered with Chainlink to integrate the Cross-Chain Interoperability Protocol (CCIP) into its Shibarium layer 2 network, enhancing cross-chain capabilities. This collaboration allows Shiba Inu tokens BONE, LEASH, and TREAT to adopt the Cross-Chain Token standard, enabling their use across 12 blockchains. The CCIP facilitates secure token transfers, arbitrary messaging, and programmable token transfers, significantly expanding the Shiba Inu ecosystem's functionality.
Ethereum (ETH) is approaching a $5,000 milestone, with analysts predicting a new all-time high by year-end, supported by strong bullish momentum and technical indicators. Meanwhile, Lunex Network (LNEX) is gaining traction as a DeFi alternative, offering low fees and innovative cross-chain technology, attracting investors with a 283% ROI and promising exponential growth ahead.
Chainlink (LINK) is currently testing a critical resistance level around $24–$25, with significant whale activity indicating potential bullish sentiment. A successful breakout could target $30.99, while a failure may lead to a pullback towards $22. Rising transaction volumes and reduced exchange reserves further suggest increased market engagement and confidence in LINK's future performance.
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