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Ethereum's price could potentially exceed $5,000, according to CryptoQuant, which bases this prediction on its proprietary price band analysis. The current trading price is around $3,920, with an upper band at $5,200, reflecting levels from the 2021 bull market. Despite volatility, Ethereum has shown resilience, recovering from mid-summer lows below $2,500 and maintaining an upward trajectory in late 2024.
The global CRISPR and Cas gene market reached approximately $3.3 billion in 2023, growing at a CAGR of 20.38% since 2018. It is projected to expand to $8.8 billion by 2028 and $24.6 billion by 2033, driven by advancements in cancer therapeutics and gene therapy research. North America leads the market, accounting for 45.3% of the total value in 2023.
World shares showed mixed performance as they followed a decline on Wall Street, influenced by disappointing price data. Currency traders remained vigilant in the foreign exchange markets, particularly at KEB Hana Bank in Seoul, South Korea.
Vancouver City Council has approved a motion to explore the integration of Bitcoin into its financial operations, aiming to assess its potential as a hedge against inflation and currency debasement. Mayor Ken Sim emphasized the initiative's exploratory nature, highlighting Bitcoin's decentralized attributes and historical performance. The motion directs staff to investigate accepting BTC for city taxes and fees, and the feasibility of incorporating it into the city’s financial reserves, with a report due by the end of Q1 2025.
Cryptocurrency ownership is surging globally, particularly in emerging markets, with notable increases in Mexico (8%), the Philippines (7%), and South Africa (7%). Over half of respondents in Nigeria, South Africa, Vietnam, the Philippines, and India own crypto wallets, while interest in investing remains high in Asia and Africa, contrasting with skepticism in Europe and North America. Demographic disparities exist, with younger men showing greater understanding of cryptocurrency compared to women and older individuals.
Costco Wholesale's stock was sold at an average price of $894.68, totaling $1,266,866.88, resulting in a 4.91% decrease in ownership for the executive vice president, who now holds 27,400 shares valued at $24.5 million. In the past ninety days, insiders sold 11,016 shares worth nearly $9.8 million, with institutional investors owning 68.48% of the stock. Analysts have raised price targets for Costco, with UBS Group setting a new target of $1,040, indicating a potential upside of 4.42%.
Costco Wholesale's stock was sold at an average price of $894.68, totaling $1,266,866.88, resulting in a 4.91% decrease in ownership for the executive vice president, who now holds 27,400 shares valued at $24.5 million. In the past ninety days, insiders sold 11,016 shares worth nearly $9.8 million, with institutional investors owning 68.48% of the company. Analysts have raised price targets for Costco, with UBS Group setting a new target of $1,040, indicating a potential upside of 4.42%.
AMP, an Australian superannuation fund, has invested approximately $27 million in Bitcoin, marking it as the first major Australian fund to do so. This investment represents a conservative 0.05% of its $57 billion assets under management, acquired during Bitcoin's price rally following Donald Trump's electoral victory. Despite this move, other Australian superannuation funds remain hesitant to adopt Bitcoin, viewing it as too risky.
Pi Network has surpassed Binance in user numbers in South Korea, boasting 1.34 million users, while the exchange has fewer. The project, which allows smartphone mining, is nearing the launch of its open mainnet, pending final verifications, with 14 million users already meeting requirements. The deadline for the remaining verifications is set for December 31.
World shares showed mixed results as investors awaited a likely interest rate cut from the European Central Bank. While Germany's DAX and Britain's FTSE 100 saw slight gains, U.S. futures dipped ahead of the Federal Reserve's upcoming meeting, where further rate cuts are anticipated to support a slowing economy. In Asia, Chinese shares rose amid government economic plans, while Japan's Nikkei 225 advanced, driven by technology stocks.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Ethereum price may exceed five thousand dollars according to CryptoQuant analysis
20:58 13.12.2024
global growth trends in the crispr and cas gene market to 2033
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15:27 13.12.2024
world shares mixed as wall street decline follows disappointing price data
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Vancouver City Council Approves Motion to Explore Bitcoin Integration in Finances
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emerging markets drive global cryptocurrency adoption despite ongoing challenges
20:48 12.12.2024
Costco Wholesale Insider Sales and Institutional Investment Activity Update
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20:27 12.12.2024
costco wholesale insider trading activity and hedge fund investments update
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20:27 12.12.2024
Australian superannuation fund AMP invests 27 million dollars in Bitcoin
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ARK 21Shares Bitcoin ETF
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20:16 12.12.2024
pi network surpasses binance user base in south korea ahead of launch
18:16 12.12.2024
global markets mixed as central banks signal potential interest rate cuts
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06:36 12.12.2024
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