Secure Trust Bank PLC has reported a significant change in the voting rights of UBS Group AG, with their holdings dropping below the 5% threshold, effective December 20, 2024. This change exempts UBS from reporting obligations, potentially affecting the bank's shareholder structure and voting dynamics.With over 70 years of trading history, Secure Trust Bank, based in Solihull, West Midlands, focuses on business finance through Real Estate and Commercial Finance, as well as consumer finance via Vehicle and Retail Finance divisions. The bank's year-to-date price performance stands at -46.49%, with an average trading volume of 170,985 and a current market cap of £66.94 million.
Secure Trust Bank PLC has reported a significant change in the voting rights of UBS Group AG, with their holdings dropping below the 5% threshold, effective December 20, 2024. This change exempts UBS from reporting obligations, potentially affecting the bank's shareholder structure and voting dynamics.Secure Trust Bank, a UK retail bank with over 70 years of history, focuses on business and consumer finance, operating from Solihull, West Midlands. The bank has experienced a year-to-date price performance decline of 46.49% and currently has a market cap of £66.94 million.
PlutoChain ($PLUTO) aims to enhance Bitcoin's capabilities by introducing smart contracts and reducing block times to just 2 seconds, potentially bridging the gap between Bitcoin's security and Ethereum's versatility. Meanwhile, Hedera Hashgraph (HBAR) shows promise for growth, with predictions varying on its ability to reach $5, highlighting the need for widespread adoption and technological advancements. As PlutoChain's presale gains traction, it could revolutionize decentralized finance and application development on Bitcoin's network.
Ethereum's price may rebound by at least 20% by January 1, driven by factors such as rising spot ETF inflows, increasing exchange outflows, and strong historical performance in Q1. The MVRV indicator suggests Ethereum is undervalued, while technical analysis indicates potential resistance at $4,080, with a possibility of reaching $5,000 if that level is surpassed.
Veles has launched an advanced backtesting toolset designed for cryptocurrency traders, enabling them to evaluate and refine their trading strategies. The platform features custom strategy configuration, comprehensive historical data, position management, insightful analytics, and advanced indicators, all aimed at optimizing trading outcomes while minimizing risks. It seamlessly integrates with major exchanges like Binance, Bybit, and OKX, providing robust support for dynamic market conditions.
As of December 18, USD0 minting reached a record 190 million units, with a total supply surpassing 1 billion units, generating $5.89 million in Treasury revenue. The token's price rose to $1.39, up 34.2% in a day, while BYDFi launched new tokens including FUEL, VANA, SEND, and ARCSOL, enhancing investment opportunities. The Usual protocol's governance token, USUAL, aims to create a stablecoin ecosystem backed by real-world assets, promoting transparency and yield through RWA investments.
Solana's SOL has surged over 7% this week to $193, rebounding from a key support level after breaking out of a descending channel. This bullish "throwback pattern" offers a second chance for breakout traders, as the price retracement provides a low-risk entry point. If SOL continues to rise, it may attract more buyers, further fueling bullish momentum.
Aave's native token, AAVE, has reached a three-year high of $394, supported by a significant increase in Total Value Locked (TVL), which surged from $6.62 billion in January to $23.1 billion in December. The platform has also seen a rise in fees and active trading, with 30-day returns exceeding 96% and annual gains over 290%. Despite a recent market pullback, experts believe AAVE shows relative strength and potential for further growth.
UBS has lowered its price target for CK Hutchison Holdings to HK$43 from HK$45.30, maintaining a Neutral rating amid a 24% to 28% reduction in earnings forecasts for 2024-2026. Despite this, the company is projected to yield a 5.8% dividend in 2024 and has a strong history of consistent dividend payments over 33 years. The firm's market valuation remains below that of its subsidiaries, reflecting ongoing uncertainties in shareholder return policies.
Markets will close at 1:00 pm Eastern time today and will remain closed on Wednesday in observance of traditional Christmas celebrations on Wall Street. This closure reflects the customary practices during the holiday season.

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