Dogecoin (DOGE) has seen a 3.78% increase in open interest, reaching $3.21 billion, with trading volume up 23.62% to $6.07 billion. Currently trading at $0.435, analysts predict potential surges to $3, $7.20, or even $15, contingent on maintaining support above the 50-day EMA of $0.3501.
XRP has surged 12.5% to $2.69, driven by strong whale activity and the launch of Ripple’s RLUSD stablecoin, with trading volume hitting $18.28 billion. Analysts predict XRP could reach $5 by Christmas, with 25% of a recent poll believing it may exceed this level. Market expert Peter Brandt notes a bullish pattern that could push XRP to $5 by January 2025.
BVNK has secured $50 million in Series B funding, led by Haun Ventures, to expand its stablecoin infrastructure into the US, targeting San Francisco and New York City. The London-based company, valued at approximately $750 million, aims to develop local banking infrastructure and operational licenses, competing with established players like Paxos and Circle. With over $10 billion in annual payment volumes and a 200% growth rate, BVNK is positioned to capitalize on the anticipated growth of the stablecoin market, projected to exceed $1 trillion by 2035.
Ethereum exchange-traded products (ETPs) have seen a significant surge, with inflows totaling $3.7 billion over seven consecutive weeks, reflecting improved investor sentiment. As ETH approaches the $4,000 resistance level, analysts project potential price targets ranging from $15,000 to $25,000 by 2025, driven by decreasing supply on exchanges and increasing whale accumulation. Institutional demand for spot Ethereum ETFs has also surged, indicating strong market interest.
IntelMarkets (INTL) is gaining traction, currently priced at $0.07, with expectations of rising to $0.08 in the next presale stage and potentially reaching $0.11 after a Tier-1 exchange listing. The platform promises innovative AI-powered trading features, having already raised over $4.8M and sold nearly 40M tokens. Meanwhile, altcoins like PEPE and Dogecoin are also predicted to see significant gains, with forecasts of 200% rallies for both.
Ripple (XRP) is poised for a potential breakout, with analysts predicting a surge to $5 following a bullish flag formation, despite recent consolidation around $2.20-$2.50. Meanwhile, DTX Exchange (DTX) has gained significant attention, skyrocketing 500% to $0.12, and is seen as a promising investment opportunity, potentially outperforming Solana (SOL) in the upcoming altseason.
Raiffeisen-Volksbank Wemding and Raiffeisen-Volksbank Ries are set to merge following approval from their management and supervisory boards. The decision now awaits confirmation from the representatives' meetings in the Bavarian district of Donau-Ries.
Investors are eyeing three altcoins—Rexas Finance (RXS), Solana (SOL), and Ripple (XRP)—that are predicted to double or triple in value by early 2025. RXS, a new cryptocurrency focused on asset tokenization, has raised over $27.5 million in presale and is set to launch at $0.20. Solana is expected to surge due to a potential ETF approval and strong institutional interest, while Ripple may break out of its consolidation phase, with predictions of reaching $5 or more if it surpasses key resistance levels.
Starting January 1, 2025, U.S. cryptocurrency holders will face stricter tax enforcement as brokers must report transactions to the IRS via Form 1099-DA, increasing transparency but raising concerns of a market sell-off. Missing cost basis records could lead to higher taxable gains, prompting traders to liquidate assets to minimize tax exposure. The IRS will utilize blockchain analysis tools for audits, emphasizing the need for accurate reporting of past and current crypto activities.
MicroStrategy's stock has surged 546% this year, pushing its market cap to $99.4 billion, largely due to its substantial Bitcoin holdings of 439,000 BTC. If Bitcoin reaches $138,000, MicroStrategy could surpass Starbucks and Nike in market valuation, with a potential market cap of $114 billion. Analysts suggest that the company's debt, currently at $7 billion, is manageable compared to its Bitcoin assets valued at around $47 billion, although concerns about its debt-based acquisition strategy persist.

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