UBS has maintained its "Buy" rating for Eon, setting a target price of 16.20 euros. Analyst Wanda Serwinowska noted potential negative sentiment among German energy grid companies due to concerns over regulated returns on equity, but expects the impact to be earnings-neutral for Eon, with a final decision anticipated in 2025.
Urner Kantonalbank (UKB) has partnered with Solarify to expand its photovoltaic offerings and provide financing for solar systems beyond its canton. This collaboration aligns with UKB's growth strategy and commitment to sustainability, as Solarify is Switzerland's largest independent crowdfunding platform for solar projects. UKB currently utilizes a photovoltaic system that meets 30% of its energy needs, with no additional installations planned.
Ripple's chief technology officer, David Schwartz, warns that the new stablecoin, Ripple USD (RLUSD), may face supply shortages at launch due to high pre-market demand, with some willing to pay significantly above the $1 peg. He emphasizes that stablecoins are not investment vehicles for profit, urging investors to avoid speculation as prices should stabilize quickly. RLUSD is set to launch following approval from the New York Department of Financial Services.
Ethereum (ETH) is currently testing a critical resistance zone, with a potential breakout that could drive prices towards $4,400-$4,500, indicating strong bullish sentiment. However, if the breakout fails, a retracement to the previous bounce zone may occur, providing support for future upward movement. Investors are advised to stay informed and manage risks effectively.
Ripple (XRP) and Solana (SOL) are experiencing consolidation and volatility, respectively, while DTX Exchange (DTX) is gaining traction ahead of its Q1 2025 launch. DTX's innovative platform promises unmatched speed and security, boasting a 440% ROI for early investors, positioning it as a leading investment choice in the crypto market. Analysts predict potential rallies for all three, but DTX is emerging as a game-changer in online trading.
Promeet has raised $3.1 million in pre-seed funding to enhance its platform for creator monetization, integrating videos, photos, meetings, and live streams with blockchain technology. The platform allows creators to receive instant payments, retain 90% of their earnings, and enjoy greater freedom in content sharing, all while ensuring a seamless onboarding process. With plans for team expansion and feature enhancement, Promeet aims to foster the adoption of Web 3.0 monetization across various industries.
XRP has surged nearly 500% from mid-November to early December, with analysts predicting a bullish future. CrediBULL forecasts a potential rise to $22 by early 2025, suggesting a market cap of over $1.2 trillion, while emphasizing the importance of focusing on long-term trends rather than short-term fluctuations.
Major exchanges are set to launch new crypto listings this week, including Binance's Simon’s Cat (CAT) and Pudgy Penguins’ PENGU, alongside Upbit’s MOCA. CAT surged 64% ahead of its debut, while MOCA exploded 370% following its listing, highlighting significant market activity and investor interest.
A new meme coin, SHIFU, is set to launch within the Shiba Inu ecosystem, boasting a total supply of 100 billion tokens. A significant 30% will be allocated for community airdrops, with holders of SHIB and BUBBLE qualifying for 22% of the total supply. The project, developed in collaboration with Shiba Inu's key figures, aims to enhance liquidity, marketing, and long-term growth through strategic token distribution.
As altcoins gain traction, Cardano (ADA) and Solana (SOL) show promising potential. ADA has fluctuated between $0.94 and $1.22, with a notable 49.44% increase over the past month, while SOL trades between $205 and $239, facing bearish pressure but nearing key support at $188. Both cryptocurrencies are available for trading on ChangeNOW, which offers a secure, registration-free platform.
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