Dogecoin (DOGE) recently peaked at $0.48, forming a rising wedge pattern that indicates a corrective Wave 4 pullback. Key support levels to watch are $0.33, $0.29, and $0.24, while bullish momentum requires reclaiming $0.38 and breaking above $0.45. The RSI downtrend suggests reduced momentum, signaling a potential consolidation phase.
Raiffeisen Bank International AG analyst Alexander Frank maintains a Buy recommendation for IBM shares, raising the price target to USD 250.00. The company is expected to leverage advancements in optics and artificial intelligence, particularly in its strong software segment, potentially exceeding current outlooks. Ongoing research and development efforts are anticipated to positively impact performance in the coming quarters.
US inflation has decreased this year, influenced by the owners' equivalent rent, which does not reflect actual consumer spending power. The Fed, having been slow to cut rates, is expected to proceed cautiously next year, especially amid uncertainties from potential sales taxes under President-elect Trump. Meanwhile, the UK may also lower rates gradually due to deflation in input producer prices, while the ECB's consumer price inflation figures remain stable and largely unreactive.
BioAge Labs has announced a multi-year collaboration with Novartis to discover novel therapeutic targets for age-related diseases, leveraging BioAge's extensive human longevity data and Novartis's expertise in exercise biology. The partnership includes up to $20 million in upfront payments and research funding, with potential future milestones totaling up to $530 million. This collaboration aims to explore the biological mechanisms of aging and the benefits of physical exercise to develop transformative therapies.
NFTMozaic has secured a Decentralized Futures Grant from the Web3 Foundation to enhance Polkadot's NFT ecosystem. The initiative, led by Unique Network, aims to unify NFT projects through governance, technical development, business growth, and marketing, positioning itself as the central hub for NFT collaboration on Polkadot. Looking ahead to 2025, NFTMozaic plans to develop a unified technical toolset for developers and increase user engagement within the NFT space.
Bitcoin (BTC) surged past $108,000 on December 17, with predictions suggesting a peak of $220,000 by March 2025, although some analysts warn the bull run may end sooner. Bitfinex analysts anticipate a longer bull cycle, potentially reaching $339,000 by late 2025, driven by institutional adoption and Bitcoin ETFs. Despite recent volatility, they believe the market is not yet in a euphoric state, urging investors to watch for signs of overbought conditions as the cycle top approaches.
Analyst Charles Edwards highlights the significant market dominance of Dogecoin over the U.S. Quantum stocks, with Dogecoin's market cap at $57 billion compared to the $16 billion valuation of the entire Quantum stock market. He questions the sustainability of this disparity, suggesting that Quantum stocks may be undervalued and anticipating a potential correction in meme coins. Edwards emphasizes the transformative potential of Quantum computing, which he believes will intersect with AI and semiconductor industries, creating a multi-trillion dollar market.
Latin America is witnessing a surge in cryptocurrency adoption, driven by economic instability and regulatory advancements. Countries like Argentina, Brazil, and Mexico are leading the charge, with innovative solutions such as Bitcoin-backed bonds and crypto remittances reshaping financial landscapes. As businesses navigate the region's complexities, comprehensive payment solutions are essential for unlocking the full potential of this rapidly evolving market.
Chainlink's price has declined 13% to $27 after a three-day drop, reflecting broader cryptocurrency losses. Despite this, a whale has accumulated over 594,998 LINK tokens worth $17.3 million, signaling confidence in a potential recovery. The number of LINK holders continues to rise, now exceeding 688,000 addresses, as Chainlink secures its position in the DeFi space with partnerships and growing demand.
Solana has surpassed Ethereum and Binance Smart Chain with 66.9 million daily transactions and $5.44 billion in trading volume, showcasing its growing dominance in the blockchain ecosystem. Currently trading at $216.95, SOL aims for a breakout to $250 while maintaining crucial support above $215. Despite recent bearish signals, the network's record growth indicates strong fundamentals and potential for a bullish rally.

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