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Ethereum poised for rapid rise to all-time high predicts top trader
A prominent market analyst predicts Ethereum (ETH) could quickly reach its all-time high of approximately $4,800, suggesting it will outperform Bitcoin (BTC) in the near term. Currently trading at $3,876, ETH is expected to gain momentum once it establishes $4,000 as support. The analyst also forecasts Bitcoin may rise to $120,000 soon.
dailyhodl.com
Finance & Economy, Market Report
16:30 18.12.2024
nvidia stock rises as analysts maintain bullish outlook amid competition concerns
Nvidia's stock rose over 3% as analysts from Bernstein, TD Cowen, Morgan Stanley, and Truist maintained bullish ratings despite concerns about competition and potential declines in AI chip demand. Truist raised its price target to $204, citing Nvidia's technological superiority.However, worries persist as major tech companies like Google and Meta develop custom chips that could threaten Nvidia's market share. Analysts acknowledge the challenges but emphasize Nvidia's historical dominance and confidence in ongoing industry innovation.
Yahoo Finance
United States Dollar Microsoft Corporation Apple Inc. Broadcom Inc. Metagenomi, Inc. Amazon.com, Inc. Google Inc. Tesla, Inc. NVIDIA Corporation USA Joshua Buchalter William A. Stein Vivek Arya Show more
Finance & Economy, Market Report
16:23 18.12.2024
BlackRock Ethereum ETF surpasses one million ETH amid rising institutional interest
BlackRock's iShares Ethereum Trust ETF (ETHA) has surpassed 1 million ETH in holdings, reaching 1,025,378 ETH valued at over $4 billion, just six months after its July 2024 launch. This milestone highlights a significant rise in institutional interest in Ethereum ETFs, which have collectively attracted over $850 million in inflows recently, bringing total assets to over $14 billion. Despite this growth, BlackRock's Head of Digital Assets Research noted that Ethereum products may take longer to catch up to Bitcoin ETFs.
The Crypto Basic - Bitcoin, Cryptocurrency, DeFi Topics And News
BlackRock, Inc. Grayscale Litecoin Trust USA Donald Trump Robert Mitchnick
Finance & Economy, Market Report
16:23 18.12.2024
BioAge shares rise 14 percent following collaboration with Novartis
BioAge stock surged 14% following the announcement of a research collaboration with Novartis. This partnership is expected to enhance BioAge's capabilities in developing therapies aimed at age-related diseases, signaling strong market confidence in the company's future prospects.
marketwatch.com
United States Dollar Novartis AG USA
Finance & Economy, Market Report
16:21 18.12.2024
Ethereum enters belief phase as whales accumulate and bullish patterns emerge
Ethereum has crossed the $4,000 mark, entering the "belief phase," a stage marked by growing confidence among long-term holders and potential for a price rally. Increased whale activity, with a 160% rise in large transactions, and bullish patterns suggest a favorable setup for traders. A successful breakout above $4,000 could lead to significant gains, with the realized price upper band at $5,200 as a key target.
The Currency analytics
United States Dollar Ethereum USD
Crypto, Market Report
16:20 18.12.2024
dogecoin faces uncertainty as rexas finance emerges in asset tokenization
Dogecoin (DOGE) faces uncertainty in its market trajectory, with mixed signals from traders and a significant drop in the probability of reaching $0.69 by January 2025. Meanwhile, Rexas Finance (RXS) is gaining traction by offering innovative asset tokenization solutions, allowing investors to easily access high-value sectors like real estate and commodities. As DOGE struggles to leverage Bitcoin's momentum, Rexas Finance's tools and features position it as a formidable competitor in the evolving crypto landscape.
Bitcoinist.com
Altcoin Sherpa Show more
Crypto, Market Report
16:14 18.12.2024
Meme Coins Show Bullish Momentum Amid Market Breakout Potential
The meme coins market is experiencing strong bullish momentum, breaking through key resistance levels and indicating a potential upward continuation. Traders are advised to wait for confirmation before entering, with targets set for the lower quarter of the range, mid-range, and new all-time highs. Staying disciplined and informed is crucial in this dynamic market.
binance.com
Crypto, Market Report
16:13 18.12.2024
cocoa prices surge to record high amid supply concerns and weather impacts
Cocoa prices have surged to over $12,000 per tonne, marking a dramatic increase of over 90% since late October. This rise follows a previous spike of 180% earlier in the year, driven by concerns over stock replenishment due to adverse weather conditions in Côte d'Ivoire and Ghana. The situation is exacerbated by the Harmattan, a hot, dry wind affecting the region.
IG
GHA CIV
Finance & Economy, Market Report
16:10 18.12.2024
ubs supports national grid's expansion in electricity and gas networks
National Grid plc focuses on electricity and gas networks, with 50.6% of sales from the USA and 45.7% from the UK. The company operates extensive transmission and distribution networks, including over 7,000 km of power lines and 300 substations in the UK, alongside significant telecoms and LNG storage activities.
Zonebourse
British Pound Sterling United States Dollar National Grid plc GBR USA
Finance & Economy, Market Report
16:10 18.12.2024
ubs upgrades national grid to buy with target price of 1120 pence
UBS has upgraded its rating for National Grid to 'Buy' with a target price of 1120 pence following the announcement of a new business plan for 2026-2031. Analyst Mark Freshney noted that while the plan aligns with expectations, the operator's ambitious total cost of £35 billion raises concerns.
MarketScreener
British Pound Sterling National Grid plc GBR Mark Freshney
Finance & Economy, Market Report
16:10 18.12.2024
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