The Dow Jones Industrial Average closed lower for the ninth consecutive session, marking its longest losing streak since 1978, as investors await the Federal Open Market Committee's interest rate decision. Despite a mixed economic outlook, a rate cut is expected, with a 95.4% probability of a 25 basis point reduction. Apple and Tesla stocks are on the rise, with Apple reclaiming its title as the world's largest company and Tesla experiencing significant gains post-election, driven by optimistic projections for future growth.
US stocks fell across the board on Tuesday, with the Dow logging its longest losing streak since 1978, down about 0.6% for nine consecutive days. The S&P 500 and Nasdaq also declined, as investors awaited a likely 0.25% rate cut from the Fed amid persistent inflation concerns.Retail sales rose 0.7% in November, exceeding expectations, while Nvidia shares dropped over 1%, continuing a decline of more than 10% from their November peak. Bitcoin prices briefly surpassed $108,000 before retreating to just above $106,500.
Linda Jones, a financial expert, highlights XRP's potential as a long-term investment due to its growing adoption by over 300 financial institutions and the anticipated approval of a spot XRP Exchange-Traded Fund (ETF). Ripple's recent legal victory against the SEC has boosted investor confidence, paving the way for increased institutional interest and potential price appreciation, with forecasts suggesting XRP could reach between $5 and $10 by 2030. Positive regulatory changes under political influences may further enhance XRP's role in the future financial system.
Strike CEO Jack Mallers is bullish on Bitcoin, predicting it could soar to $1 million, representing an 871% increase from its current price of $106,994. He attributes this potential surge to the U.S. purchasing four million Bitcoin and the prevailing fiscal challenges, suggesting that further currency debasement and asset inflation will favor Bitcoin as a scarce asset.
A prominent crypto analyst indicates that Ethereum (ETH) is poised for further gains after maintaining $4,000 as support for two weeks, with a potential rally target of $4,542. Meanwhile, Bitcoin (BTC) dominance is rising, suggesting it may outperform altcoins, although historical trends indicate a possible correction for BTC in the coming weeks. Currently, ETH is trading at $3,956, up nearly 28% in the last month, while BTC is at $106,972, up over 18%.
Hailey Welch, known as the "Hawk Tuah" girl, has been silent for 13 days following the disastrous launch of her HAWK meme coin, which plummeted over 93% shortly after its debut. Allegations of a rug pull have emerged, with her launch partners, OverHere, now claiming they were misled by a mysterious figure involved in the project. Despite their attempts to clarify the situation, Welch has yet to respond or provide any updates to her concerned followers.
Omni Network has launched the Omni Core mainnet, aimed at unifying Ethereum's fragmented rollup ecosystem, which holds over $58 billion in total value locked. This development is expected to enhance liquidity for DeFi developers and facilitate mainstream crypto adoption. The launch follows extensive testing and audits, positioning the Omni Core as a foundation for future innovations like the SolverNet release, while boosting the demand for the OMNI token amid a growing altcoin market.
Lido Finance will cease its staking services on the Polygon network by June 16, 2025, following a 99% community vote, citing low adoption and resource challenges. Meanwhile, Ethena Labs’ ENA token is gaining traction, bolstered by the launch of its USDtb stablecoin, which amassed $65.4 million in total value locked within 24 hours. The ENA token is currently trading above $1.24, with a resistance level at $1.53, supported by rising trading volume and bullish technical indicators.
Venture capital firms are increasingly partnering with blockchain ecosystems to access early-stage startups, with a collective $2 billion expected to flow into crypto ventures. Notable funding rounds include Brighty's $10M for crypto payments in Europe, AgriDex's $9M for tokenizing agricultural commodities, and Union's $12M for a zero-knowledge settlement layer. Other significant investments support decentralized lending, on-chain wealth management, and blockchain infrastructure development.
The cryptocurrency market is poised for significant growth in 2025, with Lightchain AI (LCAI) leading the charge through its innovative AI-powered blockchain technology. The platform features a unique Proof of Intelligence consensus mechanism and an Artificial Intelligence Virtual Machine, promising sustainable and scalable solutions. Other notable projects include Arbitrum (ARB) and Worldcoin (WLD), both showing strong potential for future gains as they address critical issues in decentralized finance and identity verification.

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