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Solana Surges Past Bitcoin and Ethereum in Trading Performance and Popularity
Solana has surged over 2,000% since the FTX collapse, outpacing Bitcoin and Ethereum in trading volumes and capital inflows. With daily incoming capital of $776 million and a peak price of $263 in November 2023, Solana's ecosystem thrives on increased blockchain activity and investor interest, despite a recent $1.1 billion drop in TVL.
Cointribune
Finance & Economy, Market Report
13:35 24.12.2024
Ethereum tokens poised for holiday rally with significant recent gains
As Bitcoin trades below $95,000, several Ethereum-based tokens, including Movement (MOVE), Minotaurus (MTAUR), Bitget Token (BGB), and Virtuals Protocol (VIRTUAL), are gaining traction with over 20% growth. VIRTUAL has surged 35% recently, driven by a Binance listing and strong whale interest, while MOVE has seen a 32.5% weekly increase following its mainnet launch. Analysts predict continued upward trends for these tokens as the holiday season approaches, positioning them well for a potential Christmas rally.
CoinGape
United States Dollar
Crypto, Market Report
13:33 24.12.2024
ubs reduces stake in ds smith below five percent
UBS Group AG has reduced its holdings in DS Smith PLC to below 5%, exempting the firm from further reporting obligations. This shift may influence DS Smith's shareholder structure and market perception, potentially reflecting strategic changes in UBS's investment focus.DS Smith, a UK-based leader in sustainable packaging solutions, serves the FMCG, industrial, and e-commerce sectors. The company has seen a year-to-date price performance of 81.81% and currently holds a market cap of £7.41 billion.
TipRanks Financial
British Pound Sterling DS Smith Plc GBR
Finance & Economy, Market Report
13:32 24.12.2024
AAVE price surges 15 percent with potential for further gains
AAVE has surged over 20%, breaking the $350 resistance and showing bullish momentum, with potential to reach $475. Support is established at $335, while immediate resistance is near $385. A failure to hold above $335 could lead to a decline towards $300 or lower.
Coinchapter
Chainlink USD
Crypto, Market Report
13:31 24.12.2024
blockboost presale gains momentum as bitcoin and ethereum face market challenges
BlockBoost ($BBT) is gaining traction in a bearish crypto market, with its presale seeing rapid sales, selling out 50% of Stage 2 tokens in just two days. The platform offers unique features like a Launchpad, Vault, and an NFT Marketplace, empowering investors and digital artists alike. As Bitcoin faces potential further declines, analysts are optimistic about BlockBoost's prospects, suggesting it could be a top pick for 2025.
Coinspeaker
Finance & Economy, Press Release
13:30 24.12.2024
institutional investors boost crypto despite market sell-off and whale activity rises
Institutional crypto investors are undeterred by recent market sell-offs, with inflows into digital asset investment products totaling $308M last week, despite significant outflows of $1B. Bitcoin led the way with $375M in net inflows, while Ethereum attracted $51M, driven by whale activity. Meanwhile, the new meme coin Wall Street Pepe ($WEPE) has raised over $35M in its presale, positioning itself as a potential competitor to established tokens.
Bitcoinist.com
United States Dollar USA
Finance & Economy, Market Report
13:13 24.12.2024
bayer implements major layoffs and restructuring to boost efficiency and agility
Bayer's CEO announced a significant restructuring aimed at reducing bureaucracy and enhancing agility, resulting in a drop in voluntary attrition despite 5,500 layoffs. The company is transitioning to self-directed teams and reallocating budgets every 90 days, with hopes of revitalizing its operations by 2025. However, Bayer faces substantial challenges, including a 44% drop in market cap, €34.5 billion in debt, and looming competition for its top drug, Xeralto, as exclusivity ends in 2026.
Fortune Europe
Euro Bayer AG DEU ITA Liam Anderson
Finance & Economy, News Article
13:12 24.12.2024
pi network extends migration deadline to january 2025 amid community frustration
Pi Network has extended its KYC and mainnet migration deadlines to January 31, 2025, leading to frustration among its community due to repeated delays. Despite claims of 18 million KYC completions and 8 million migrations, skepticism remains about the project's timeline for launching the Open Network in Q1 2025.
CryptoPotato
Crypto, News Article
13:09 24.12.2024
Justin Sun denies Ethereum sell-off rumors and maintains bullish outlook
Justin Sun, founder of TRON, has dismissed rumors of liquidating his Ethereum holdings, clarifying that recent transactions were merely routine wallet transfers. Despite Ethereum's price struggles, Sun remains optimistic about the long-term potential of the Ethereum ecosystem, emphasizing his continued support.
Coinspeaker
TRON USD CHN Justin Sun
Crypto, News Article
13:07 24.12.2024
bitcoin price stability amid december fluctuations and market trends
Bitcoin's price has dipped less than 2.5% in December, remaining up nearly 50% in Q4 despite recent selling pressure. Analysts suggest that as long as BTC stays above a crucial trend line, the bullish outlook remains intact, with potential upward movement anticipated if it approaches the short-term holder realized price near $86,000.
Cointelegraph
ARE Vsevolod Nestayko
Finance & Economy, Market Report
13:04 24.12.2024
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