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Chainlink (LINK) is on a bullish trajectory, currently priced around $29, with an 8.35% weekly gain and a remarkable 104% increase over the past month. Institutional interest is rising, highlighted by significant investments and strategic partnerships that enhance its market position and technological capabilities.Analysts are monitoring key resistance levels, with immediate resistance at $29.954 and potential breakout targets between $35 and $40. While the outlook remains positive, caution is advised due to overbought conditions and the possibility of short-term corrections.
Uranium prices have faced a downturn, with Paladin Energy becoming the most shorted stock on the ASX, down over 20% after cutting its 2025 production guidance. Despite UBS's bearish outlook, they still rate Paladin and Boss Energy as "buys," citing overselling. Meanwhile, Morgan Stanley and Bank of America project a price rebound, with forecasts suggesting uranium could rise to $120 a pound by next year and $140 by 2027, driven by increasing demand and supply constraints.
Uranium prices have faced a downturn, with Paladin Energy becoming the most shorted stock on the ASX, down over 20% after cutting its 2025 production guidance. Despite UBS's bearish outlook, they still rate Paladin and Boss Energy as "buys," citing overselling. Meanwhile, Morgan Stanley and Bank of America project a potential price rebound, forecasting uranium to rise to $90 a pound by mid-2025 and $120 a pound next year, driven by increasing demand and supply constraints.
BNB Chain experienced a significant rise in sandwich attacks, with 35% of November transactions affected, leading investors to seek alternatives like Uniswap, which saw a 70% increase in price. Meanwhile, Rollblock's crypto presale has gained traction, boasting a 310% return and potential for 100x growth ahead of its ICO in early 2025.
Bitcoin remains steady above $100,000, with traders anticipating a significant price movement as CME Options Open Interest data indicates increased institutional activity. The cryptocurrency is testing key resistance at $103,600; a breakthrough could lead to new highs, while failure may trigger a correction towards $95,500. Market participants are on alert for potential volatility in the coming days.
Hedge funds have set a record for short positions against Ethereum on the CME, reaching 6,349 contracts, despite over $2 billion in inflows into Ethereum ETFs. This cautious outlook contrasts with long-term optimism, as analysts note Ethereum's realized price upper band at $5,200, indicating potential for growth. Network activity remains strong, with over 130,000 new addresses created daily and weekly transaction fees hitting $67 million, driven by robust DeFi engagement.
[Bloomberg]
Institutional funds are increasingly flowing into Ethereum, with a recent net inflow of $831 million over a week, pushing its price to around $3,900. Analysts predict that if this trend continues, Ethereum could surpass its all-time high of $4,868 and reach $7,000 next year, bolstered by significant purchases from asset management firms and the World Liberty Financial project.
CRISPR Therapeutics' CEO sold shares at an average price of $46.28, totaling $198,680.04, reducing their ownership by 1.86%. General Counsel James R. Kasinger also sold shares, resulting in a 1.71% decrease in their holdings. Insiders have sold 50,382 shares valued at $2,744,179 in the last three months, with 4.10% of the stock owned by insiders. The company reported a quarterly loss of $1.01 EPS, exceeding estimates, while analysts maintain a "Hold" rating with a consensus target price of $77.93.
Chainlink's price has surged to a two-year high, accompanied by a record-breaking open interest of $770 million in its futures market, surpassing competitors like TON and TRX. This increase reflects heightened market activity and confidence, with $35.57 million in realized profits indicating significant short-term trading. Despite improved active address momentum, user engagement remains well below 2021 peaks, suggesting that current price dynamics are largely driven by speculative trading rather than sustainable growth.
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