Meme coins have evolved into serious investment opportunities, with established tokens like Shiba Inu, Floki, BONK, and CHILLGUY gaining attention as 2025 approaches. New contender Doge Uprising aims to redefine the landscape with features like Mecha NFTs and staking rewards, scheduled for presale in early 2025. As market sentiment shifts, these coins could see significant growth, particularly with the bullish trends in Bitcoin and Ethereum.
PlutoChain ($PLUTO) aims to transform Bitcoin by introducing a Layer-2 solution that enhances scalability and enables advanced applications like DeFi and NFTs, leveraging its Ethereum Virtual Machine compatibility. With a focus on security and community governance, it could bridge the gap between Bitcoin's security and Ethereum's flexibility, attracting developers and users alike. Meanwhile, Ethereum's potential to reach $12,000 hinges on scalability upgrades, institutional adoption, and its dominance in DeFi and NFTs, despite facing competition from faster Layer-1 chains.
Solana (SOL) is showing resilience amid a bearish market, achieving a new 2024 high in Total Value Locked (TVL) at 55.37 million SOL and processing 67.77 million transactions in a single day, the highest in 11 months. Despite a recent 23% price dip, signs of bearish exhaustion and stabilizing funding rates suggest potential for recovery, making SOL a candidate for long-term gains. Investors should monitor on-chain data and market sentiment for further indications of a price reversal.
LINK Coin shows a bullish breakout on the weekly chart, confirmed by a breached cup-and-handle neckline. Strong indicators like RSI and Stochastic suggest sustained upward momentum, positioning LINK for long-term growth. The TOTAL3 chart also indicates bullish sentiment for altcoins, with a bull flag pattern and recovering RSI, reinforcing a favorable outlook for LINK.
Tether, the leading stablecoin provider, reported a net profit of USD 10 billion in 2024, rivaling major banks with a fraction of the workforce. With a circulating supply of 140 billion USDT, the company dominates the stablecoin market, holding 68% of the total capitalization. Tether plans to reinvest over half of its profits, further solidifying its presence in the U.S. and Switzerland, while navigating legal challenges regarding its reserve transparency.
President-elect Donald Trump plans to establish a Bitcoin reserve through an executive order, mandating annual government purchases of 200,000 BTC for five years. This initiative could reshape Bitcoin's market dynamics, potentially ending its traditional boom-bust cycles and elevating its status as a strategic asset akin to gold. Analysts suggest that if adopted globally, this could lead to a supercycle, significantly impacting Bitcoin's supply-demand dynamics and market perception.
UBS shares, valued at CHF 17.32 on December 23, 2014, would have turned a CHF 1,000 investment into 57.737 shares. By December 20, 2024, the share price rose to CHF 26.71, increasing the investment's worth to CHF 1,542.15, a gain of 54.21%. UBS's market value reached CHF 85.10 billion.
UBS has maintained a "Sell" rating on Volkswagen shares, setting a target price of 75 euros, following the company's announcement of over EUR 4 billion in medium-term cost savings, including a voluntary workforce reduction of 35,000 jobs by 2030. Analyst Patrick Hummel expressed skepticism about achieving the core brand margin target of 6.5 percent by 2026, noting the absence of a previously discussed ten percent wage cut, replaced instead by a wage freeze until 2027.
UBS has maintained a "sell" rating on Volkswagen shares with a target price of 75 euros, following the company's recent job cut agreement. Analyst Patrick Hummel noted that the market is unlikely to respond positively to the plan, which includes over 4 billion euros in cost savings and a voluntary reduction of 35,000 jobs by 2030. He expressed skepticism about achieving the core brand margin target of 6.5 percent by 2026, highlighting the absence of a previously proposed ten percent pay cut in the deal, replaced instead by a pay freeze until 2027.
The UAE is rumored to hold $40 billion in Bitcoin, potentially ranking it among the top global holders, although officials have not confirmed this. This speculation aligns with the country's progressive digital economy initiatives, including the launch of AE Coin, a regulated stablecoin supporting its Government Digital Strategy 2025. As the UAE enhances its role in blockchain and cryptocurrency, it aims to establish itself as a leader in financial innovation.
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