Trump is calling for a clean extension of government funding following pushback on his proposals. Meanwhile, TikTok is set to present its case against a potential ban in the Supreme Court, highlighting ongoing tensions surrounding the platform's future in the U.S.
Ethereum's price dropped over 5% amid hawkish Fed commentary, prompting whales to buy the dip, with one linked to Longling Capital acquiring 6,000 ETH. Despite negative social sentiment, historical trends suggest a potential 30% price rally, possibly pushing ETH towards $4,500. Analysts remain bullish, noting that technical indicators may signal a reversal in the ETH/BTC trading pair.
Fouad Bajjali, CEO of IG Bank, emphasizes the importance of financial education and early knowledge transfer, particularly for private investors who often lack market understanding. IG Bank caters to both private and institutional clients, offering robust trading platforms and resources like the IG Academy to enhance trading skills. The recent rise in the CBOE Volatility Index highlights market uncertainties driven by geopolitical tensions and disappointing earnings, influencing trading strategies and risk management among clients.
UBS has raised its price target for Microsoft shares to $525 from $500, maintaining a Buy rating, driven by anticipated growth in Azure services. While the third-quarter growth estimate for Azure has been slightly adjusted to 34.0%, the firm remains confident in Microsoft's strong market position despite concerns over an "AI winter" and pricing dynamics for Azure OpenAI API and Microsoft 365 Copilot.
UBS has raised its price target for Microsoft shares to $525 from $500, maintaining a Buy rating, driven by anticipated growth in Azure services. While third-quarter growth estimates for Azure have been slightly adjusted to 34.0%, the firm remains confident in Microsoft's strong market position despite concerns over an "AI winter" and pricing dynamics for Azure OpenAI API and Microsoft 365 Copilot.
Dogecoin is facing significant selling pressure, with its price currently at a critical level of $0.35962 after a sharp decline from a peak of $0.4846. The market volatility and increased supply have led to bearish momentum, making a rebound to $0.40 challenging, while a drop to the $0.30 mark looms if the $0.34 support fails.
Crypto All-Stars has successfully raised over $21 million in its presale, which is now in its final two days before an exchange listing. The project features a unique staking protocol, MemeVault, allowing users to stake multiple meme coins like DOGE and SHIB while earning STARS tokens as rewards. With a growing community of over 7,400 members on Telegram and 20,000 followers on X (Twitter), the platform aims to enhance the utility of meme coins across various blockchains.
Ethereum's price has surged to approximately $3,936.26, fueled by institutional interest following the approval of Ether-focused ETFs and a supportive political climate in the U.S. Experts predict it could reach $12,000 in the next bull run, bolstered by its transition to proof-of-stake and strong market fundamentals.Meanwhile, PlutoChain ($PLUTO) emerges as a promising Layer-2 solution, enhancing Bitcoin's capabilities with faster block times and Ethereum Virtual Machine compatibility, potentially redefining Bitcoin's role in decentralized finance.
UBS has increased its target price for Microsoft shares while maintaining a Buy recommendation. This move reflects confidence in the company's performance and potential for growth in the market.
UBS has raised its price target for Microsoft shares from $500 to $525, maintaining a buy recommendation due to strong growth prospects for Azure services. Key factors include expected Azure capacity expansion, a solid position in the AI market, and pricing dynamics for Azure OpenAI API and Microsoft 365 Copilot.
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