Own The Doge DAO has acquired the intellectual property rights to the images of Neiro, a shiba inu adopted by Kabosumama, the owner of the original "doge" meme dog, Kabosu. This move aims to resolve the ongoing disputes among various NEIRO token communities claiming legitimacy. The DAO plans to involve the community in deciding which token should represent Neiro, as concerns grow over potential legal challenges for tokens lacking proper IP rights.
Gold prices have recently dipped, remaining about $150 below their late October peak, largely due to a strong dollar and anticipated high interest rates. UBS forecasts a rebound in 2025, targeting $2,900 per ounce, driven by central bank purchases, increased demand for safe-haven assets, and a gradual decline in interest rates. The firm expects official gold purchases to rise to 982 metric tons in 2024, reflecting ongoing geopolitical uncertainties and a shift towards gold as a portfolio hedge.
Heinz Huber, CEO of Raiffeisen since January 2019, will leave the bank at the end of the year to become Chairman of Graubünden Kantonalbank in July 2025, succeeding Peter Fanconi, who is stepping down amid scrutiny over a controversial loan. Christian Poerschke will serve as interim CEO of Raiffeisen during this transition.
Ripple supporters are optimistic about potential changes in SEC leadership, particularly with the possible departure of anti-crypto Commissioner Caroline Crenshaw and the nomination of pro-crypto Paul Atkins as Chairman. This shift could lead to a more innovation-friendly approach and a potential settlement in Ripple's ongoing legal battle with the SEC, which has seen the company facing penalties and appeals. The Ripple community is hopeful that these developments may favor their case against the regulator.
Nestlé's Boost Pre-Meal Hunger Support, a protein shot designed to suppress appetite, aims to compete with the booming weight-loss drug market, projected to reach $150bn annually. Utilizing patented whey protein micro-gels, it enhances GLP-1 hormone release, offering a cost-effective alternative to expensive medications like Wegovy. This strategic shift reflects the food industry's adaptation to changing consumer needs, emphasizing functionality and health-driven solutions.
Lunex Network has surged to a $5.5 million presale, marking a 283% increase, thanks to its innovative approach to decentralized finance and deflationary tokenomics. Meanwhile, Monero has rebounded to around $200, but faces challenges due to its privacy features, while Algorand has rallied over 100% to $0.50, despite stiff competition in the dApps ecosystem. Overall, Lunex is positioned for significant long-term gains, attracting early investors.
Bybit has launched a Private Wealth Management (PWM) service aimed at high-net-worth individuals and institutional clients, addressing the growing demand for sophisticated wealth management solutions in the digital asset space. The service offers tailored portfolio management, exclusive investment opportunities, bespoke asset allocation strategies, and top-tier asset security. With a focus on risk management and market insights, Bybit aims to empower clients to navigate the complexities of digital asset investments confidently.
Bitcoin is projected to reach $145,000 by mid-2025, with a best-case scenario of $200,000, driven by significant institutional adoption and $36 billion in investments into spot Bitcoin ETFs. Analysts anticipate minor corrections but a steady upward trend, particularly following the April 2024 halving event. Predictions suggest potential peaks around late 2025, with some experts envisioning prices as high as $900,000 if Bitcoin matches gold's market cap.
Ethereum's price has dropped below $3,900, with bearish sentiment targeting a decline under $3,700 following a double-top reversal at the $4,000 resistance level. Currently trading at $3,837, the cryptocurrency faces significant supply pressure and is nearing critical support levels, with a potential fall to $3,378 if key supports break. Despite this volatility, institutional interest remains strong, highlighted by $144.7 million in inflows into U.S. spot Ethereum ETFs, including significant purchases by BlackRock and Fidelity.
Oasys has partnered with Animoca Brands Japan to enhance its blockchain gaming ecosystem, particularly in Greater China. As part of this collaboration, Animoca Brands Japan will become a validator on the Oasys blockchain and invest directly in the platform, leveraging its extensive network to boost blockchain gaming innovations globally. This strategic alliance aims to accelerate Web3 adoption through gaming, with both companies committed to expanding their reach and resources in the region.
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