U.S. stock indexes pulled back, with the S&P 500 down 0.4% and Nvidia's stock falling 1.2%, marking its eighth loss in nine days. Despite this, the S&P 500 is up nearly 27% for the year, buoyed by strong economic resilience and expectations of favorable policies from President-elect Trump. Bitcoin briefly surpassed $108,000 before retreating to around $106,500.
UBS has maintained a 'Neutral' rating for Pfizer, setting a price target of 31 US dollars. Analyst Trung Huynh noted that the pharmaceutical company's outlook for 2025 did not present any surprises in his initial reaction.
Rexas Finance (RXS) is revolutionizing asset ownership by tokenizing real-world assets, enabling global access to investments in real estate, commodities, and art through blockchain technology. With a successful presale raising $27.7 million and a potential for significant returns, RXS aims to replicate Solana's success, offering early investors a chance to turn $800 into $137,600. The platform's innovative tools, like the Rexas Token Builder and QuickMint Bot, enhance accessibility and liquidity in the asset market.
As 2025 approaches, XRP, Rollblock, and Cardano emerge as top contenders in the crypto market. Rollblock is revolutionizing the $500 billion iGaming sector with its deflationary tokenomics and extensive gaming library, while XRP shows potential for a breakout toward $5 amid favorable regulatory changes. Cardano's recent surge, supported by whale investors, positions it for possible resistance tests near $2 and $3, highlighting its strong market confidence.
Solana's price is nearing the critical $209 support level amid rising bearish pressure, challenging its previous upward momentum. The 100-day Simple Moving Average offers some support, but increasing selling activity suggests vulnerability, with potential declines toward $194 if the $209 mark fails to hold. A rebound could signal strength, pushing Solana toward higher resistance levels of $240 and $260.
Solana's price is nearing the critical $209 support level amid rising bearish pressure, challenging its previous upward momentum. The 100-day Simple Moving Average offers some support, but increased selling could lead to deeper losses if the $209 mark is breached. A rebound could signal strength, potentially pushing prices toward $240 and $260, while failure to hold could see declines toward $194.
The European Securities and Markets Authority (ESMA) has released final guidance for the Markets in Crypto-Assets (MiCA) regulations, set to take full effect soon. The guidelines focus on market abuse prevention, cross-border cooperation, and investor protection, while emphasizing the need for crypto-asset service providers to tailor advice to clients' needs. ESMA Chair Verena Ross cautioned that the new regulations won't eliminate the inherent risks and volatility in the crypto market.
Ethereum whales now control 57.35% of the total supply, indicating strong accumulation and a bullish outlook among major stakeholders. Meanwhile, smaller wallets have reached historic lows, suggesting a shift in wealth concentration. Consistent ETF inflows and a cautiously optimistic market sentiment hint at potential price increases in the coming months.
Florence Schnydrig Moser, Head of Private Banking at ZKB, emphasizes the importance of addressing the pension gap in Switzerland. In a recent interview, she discusses the reasons behind this issue and its potential consequences, urging individuals to share their financial knowledge to mitigate the gap's impact.
President-elect Donald Trump met with Crypto.com CEO Kris Marszalek at Mar-a-Lago to discuss cryptocurrency policies, including a proposed national Bitcoin reserve. This meeting coincided with Crypto.com dropping its lawsuit against the SEC, aiming to collaborate with the new administration on regulatory frameworks. Trump has also made key appointments favoring the crypto industry, including David Sacks as his “AI and crypto czar.”

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