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ubs boosts broadcom price target amid strong ai growth prospects
UBS has raised its price target for Broadcom to $220, reflecting strong confidence in the company's growth potential in artificial intelligence. With forecasts of 20% revenue growth next year and up to 40% by 2027, Broadcom is expanding its market share and customer base, particularly among hyperscalers. The company's strategic investments in advanced AI technologies position it well for future success in a rapidly evolving market.
IT BOLTWISE® x Artificial Intelligence
United States Dollar Broadcom Inc. USA
Technology & Innovation, Market Report
21:03 23.12.2024
Bitcoin may reach new highs above 168500 according to analyst insights
Analyst Ali Martinez suggests that Bitcoin could surpass $168,500, based on the Mayer Multiple, which tracks the ratio of Bitcoin's price to its 200-day moving average. Currently, the Mayer Multiple is halfway to the 2.4 mark, historically indicating overbought conditions. Bitcoin recently recovered to around $96,000 after dipping to $92,000, leaving uncertainty about whether it will retest the top level or face another decline.
NewsBTC
Ali Martinez
Finance & Economy, Market Report
21:00 23.12.2024
crypto market faces billion dollar outflows while bitcoin and ethereum show strength
The crypto market faced significant outflows totaling approximately $1 billion, with a notable single-day outflow of $576 million on December 19, coinciding with a price correction and a hawkish Federal Reserve outlook. Despite this, Bitcoin saw net inflows of $375 million, while Ethereum attracted $51 million, showcasing resilience among select assets. In contrast, Solana experienced outflows of $8.7 million, highlighting diverging investor sentiment within the altcoin space.
Bitcoinist.com
CoinShares Physical XRP James Butterfill
Finance & Economy, Market Report
21:00 23.12.2024
emerging altcoins offer significant growth potential beyond bitcoin's established gains
Investors are increasingly turning to altcoins for potentially higher returns compared to Bitcoin, which, despite its popularity, offers slower growth due to its established market cap. Notable altcoins like Manta Network, Injective Protocol, Lightchain AI, and Casper present unique features and applications that could drive significant price appreciation, especially during bullish market cycles. With innovative technologies and strategic roadmaps, these projects aim to disrupt traditional industries and provide substantial upside potential for early adopters.
Crypto News Flash
Injective USD Manta Network USD Casper USD Show more
Crypto, Market Report
21:00 23.12.2024
Dogecoin Struggles as Ethereum Investors Flock to Promising AI Coin
Dogecoin struggles to break its long-standing resistance at $0.42, while Ethereum investors are flocking to the promising AI coin WallitIQ, priced at $0.0243, which is projected to surge by 45,000% in just two weeks. With only 20% of tokens left in the presale, early participants are eager to capitalize on its unique features and strong utility. WallitIQ's innovative offerings, including a Scan & Pay QR feature and a successful smart contract audit, enhance its appeal in the competitive crypto market.
crypto.news
Elon Musk
Crypto, Market Report
21:00 23.12.2024
tether invests 775 million in rumble to enhance growth and decentralization
Tether has announced a $775 million investment in Rumble, a YouTube alternative, with plans to use $250 million for growth initiatives and the rest for a self-tender offer for Class A common stock. Tether will acquire 103,333,333 shares at $7.50 each, while Rumble's CEO Chris Pavlovski retains control. Both companies emphasize shared values of decentralization and free expression, with Tether exploring crypto payment solutions for Rumble.
dailyhodl.com
Tether USDt CNY RumbleOn, Inc. Paolo Ardoino Chris Pavlovski
Finance & Economy, Press Release
20:45 23.12.2024
uniswap labs announces unichain layer one network launch in early 2025
Uniswap Labs has announced the launch of its layer-1 blockchain, Unichain, set for January 6, 2025. The mainnet will feature Permissionless Fault Proofs from day one, allowing for decentralized verification of chain activity. Following the mainnet launch, an experimental testnet will introduce features like Flashblocks for faster transaction times.
dailyhodl.com
Technology & Innovation, Blog Post
20:41 23.12.2024
Interpol issues red notice for Hex founder Richard Heart over fraud charges
Interpol has issued a red notice for Richard Schueler, known as Richard Heart, the founder of Hex cryptocurrency, over allegations of tax fraud and assault. The U.S. government is also pursuing him for orchestrating a $1 billion illegal securities scheme, with the SEC claiming Hex qualifies as an unregistered security. Schueler is under investigation in Finland for gross tax evasion and assault, while he remains active on social media, addressing his critics.
Decrypt
United States Dollar Euro Byron Boston Sander Lutz Richard Schueler Show more
Regulatory & Legal, News Article
20:35 23.12.2024
malaysia bans atomic wallet over unauthorized digital asset exchange operations
Malaysia's securities regulator has prohibited Atomic Wallet from operating, citing unauthorized digital asset exchange activities. The firm, which suffered a $100 million hack in 2023 linked to the Lazarus Group, faces ongoing lawsuits and joins other barred cryptocurrency firms in the country. In response to security concerns, Atomic Wallet recently initiated a $1 million bug bounty program.
Cointelegraph
Atomic Wallet Coin USD USA MYS EST Show more
Regulatory & Legal, News Article
20:30 23.12.2024
global pet food toppings market poised for significant growth through 2032
The Global Pet Food Toppings market is projected to grow from $1.5 billion in 2024 to $3 billion by 2032, with a CAGR of 7%. Key players include Mars Petcare, Nestlé Purina, and Hill's Pet Nutrition, driven by trends in pet humanization and demand for premium products. The market is segmented by type, application, and geography, with North America leading and Asia-Pacific as the fastest-growing region.
openPR.com
VNM SGP KOR IND TWN MYS CHN PHL AUS JPN THA HKG IDN USA Nidhi Bhawsar Show more
Finance & Economy, Market Report
20:28 23.12.2024
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