FXGuys ($FXG), a decentralized brokerage platform, is generating buzz as it enters its presale phase, currently priced at $0.04, with predictions of a 5,400% surge by 2025. Its unique features, including a staking system and a Trade2Earn program, position it as a potential rival to Dogecoin, attracting significant institutional interest. With a Trader Funding Program offering up to $500,000 in live trading capital, FXGuys aims to revolutionize forex trading and reward its users effectively.
Bitcoin has extended its losses, trading below the $95,000 mark and showing bearish signs, with potential declines below the $92,000 support level. Immediate resistance is at $95,000, while major support levels are identified at $92,500 and $91,200. If the price fails to rise above $95,000, further declines could lead it toward the $90,000 zone.
Rexas Finance is gaining attention as a potential major altcoin, with analysts predicting a 10,000% ROI by 2025. The project focuses on tokenizing real-world assets, enhancing liquidity and accessibility for investors, and has raised over $29 million in its presale. With a suite of tools for asset tokenization and a strong emphasis on security and regulatory compliance, Rexas Finance aims to revolutionize asset management and attract both retail and institutional investors.
Social media interest in Dogecoin and other memecoins has declined, with attention shifting towards Bitcoin and major layer 1 assets, according to analytics firm Santiment. The Social Dominance metric indicates that while memecoins were previously popular, their relevance has waned amid a bearish market, suggesting a growing investor fear. Currently, Dogecoin is priced at approximately $0.31, reflecting a 24% drop over the past week.
Solaxy (SOLX) has raised over $4.5 million in its presale for a Layer 2 solution aimed at enhancing the Solana blockchain, with a current staking APY of 859%. The project, which emphasizes investor security with 10% of its token supply reserved for liquidity, aims to alleviate network congestion issues on Solana. As the presale nears its $5 million goal, early investors can secure SOLX at a low price before the token's value increases.
Raiffeisen Bank International (RBI) shares reached EUR 19.41 on December 23, marking a 0.26% increase from the previous day and a 5.56% rise over the month. With a market capitalization of €6.4 billion, the bank distributed a dividend of €1.25 per share in 2024, reflecting confidence in its operational strength. Analysts are now urging shareholders to consider their next moves regarding buying or selling shares.
XRP has experienced rapid wallet growth, outpacing major networks like Bitcoin and Ethereum, with a notable increase in the Total Amount of Holders since October 18th. This surge suggests a significant influx of new investors, contributing to a 28% rise in holders over the past two years, bringing the total to 5.75 million. Despite this growth, XRP's price remains stagnant around $2.17, reflecting a broader slowdown in the cryptocurrency market.
Bitcoin experienced a dramatic drop to $95,000 after reaching a peak of $108,200, resulting in over $540 million in long liquidations. This sharp decline underscores the risks associated with overleveraged trading, as the market faced significant volatility and shattered key support levels. The rapid descent raises questions about the factors that triggered such a swift downturn.
BlockDAG is poised for significant growth, bolstered by a successful presale exceeding $171.5 million and a strategic partnership with Inter Milan, enhancing its visibility and user engagement. While Ethereum Classic and Polkadot show potential for gains, their growth is hindered by limited ecosystem advancements compared to BlockDAG's innovative technology and real-world applications. The collaboration with Inter Milan positions BlockDAG uniquely in the competitive crypto landscape, promising long-term value for stakeholders.
UBS has revised its forecast for Federal Reserve rate cuts in 2025, now expecting two reductions of 25 basis points each, totaling 50 basis points, down from a previous estimate of 100 basis points. The adjustments are based on expectations that core inflation will decline to below 2.5% by June, potentially allowing the Fed to ease monetary policy. However, the Fed's decisions will remain data-dependent, with the possibility of an earlier cut in March if economic conditions warrant.

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings