Will OpenAI Be The Next Trillion Dollar Company?

Will OpenAI Be The Next Trillion Dollar Company?

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Will Shiba Inu Price Hold Critical Support Amid Market Volatility?

Shiba Inu price, a popular meme-based cryptocurrency, has seen a significant decline over the past week amid bearish market trends. Despite minor market rebounds, SHIB’s price action indicates potential for growth as it hovers near critical support levels. Meanwhile, Bitcoin fell below $95,000, contributing to a wider downturn across the cryptocurrency market raising questions about stability amid ongoing volatility. Will Shiba Inu Price Recover or Dip Beyond Support Line? A crypto analyst tweeted about the potential price movement of Shiba Inu, emphasizing a critical support level. According to the analyst, Shiba Inu must maintain this support to pave the way for a possible significant price surge. The tweet highlighted a chart indicating a key horizontal support area that SHIB is currently testing. This support zone has historically been a crucial point for price stability, marking a potential reversal zone for the cryptocurrency. If the price holds at this level, the analyst pre...

Cryptocurrency Market Today Dec 23: BTC At $94K, MOVE Down 20%, HYPE Falls 19%

The cryptocurrency market today continued to show bearish momentum, with Bitcoin (BTC) falling below $95,000. The global crypto market dropped by approximately 2% to $3.27 trillion, while trading volume decreased by 15%, now at $138 billion. The fear and greed index fell from 59 to 54, reflecting a neutral sentiment. Major altcoins also experienced declines of 2% to 5% over the past 24 hours. Movement (MOVE) price plummeted by 20%, and Hyperliquid (HYPE) followed with a 19% drop. Notably, HYPE had been the top gainer for the past two days, recently entering the top 20 in market capitalization. In positive news, pro-Bitcoin former US President Donald Trump appointed Bo Hines as the Executive Director of the Presidential Digital Asset Advisory Committee. This committee led by Chairman David Sacks aims to drive innovation and development in digital assets. Let’s delve deeper into the performance of top cryptocurrencies as reflected in the crypto prices today on December 23. Cryptocu...

Top Expert Predicts Solana Price To Hit $330 Amid Bullish Market Trends

Solana price has been on the investors’ radar lately amid a flurry of developments in the market. However, the crypto has recorded gloomy trading recently, as evidenced by its seven-day and one-month performances. Despite that, a top expert has recently predicted SOL to hit $330 in the coming days, sparking optimism amid positive market trends. Here’s Why Solana Price Is Likely To Rally Ahead The crypto market has recorded a robust rally recently, especially after Donald Trump’s election win has fueled market optimism. Solana price also maintained a bullish momentum alongside other top altcoins , indicating a strong market interest in the crypto. On the other hand, the anticipation of the Solana ETF launch in the US has further bolstered market confidence. Notably, a flurry of players has filed for SOL ETF recently, indicating the growing confidence of the institutions toward the cryptocurrency. Besides, a flurry of market experts like Bloomberg ETF analyst Eric Balchunas has also...

5 Tokens Ready For A 20X After Solana ETF Approval

The US Securities and Exchange Commission (SEC) looks likely to approve a Solana exchange-traded fund (ETF) under Donald Trump’s administration. With this Solana ETF approval looking imminent, there are tokens that are ready to enjoy a 5x price increase once this happens. 5 Tokens That Could 20x After A Solana ETF Bloomberg analysts recently suggested that a Solana ETF could launch at some point next year, although the exact timing remains uncertain due to some complex legal issues. Ahead of this potential launch, these are 5 tokens that could witness a significant price increase after the SEC approves a Solana ETF. Jupiter (JUP) Jupiter (JUP) is one of the tokens that is ready for a 20x price increase after a Solana ETF approval. The JUP price is in a good position to benefit from such bullish development, considering its status as one of the top Solana coins . As such, the DeFi token will likely witness a parabolic surge on the back of an ETF approval. Crypto analyst Altcoin S...

Metaplanet Boosts Bitcoin Holdings by 56% Buying BTC Price Dips

Japan’s MicroStrategy Metaplanet announced the purchase of an additional 617 BTC on Monday, buying the Bitcoin dips to $95,000 levels. It further reported that the company has generated a massive 309% yield on its Bitcoin holdings during the fourth quarter. However, the stock price has failed to rebound today significantly amid low sentiments. Metaplanet Takes Its Total Bitcoin Holdings to 1762 Bitcoins Earlier today, Japan’s MicroStrategy announced the acquisition of an additional 619.70 Bitcoin for an investment value of ¥9.5 billion (~$60.7 million), purchased at an average price of ¥15.33 million per Bitcoin. This latest investment has helped the company achieve a Bitcoin yield of 309.8% quarter-to-date. Also, with the Bitcoin price rally to an all-time high of $108K this quarter, the company’s BTC yield has seen a substantial jump from 41.7% during the third quarter. As of December 23, Metaplanet’s total Bitcoin holdings stand at 1,761.98 BTC, acquired for approximately ¥20.8...

Is Solana Price Heading to $100 After Strong Market Corrections?

Solana has breached the $200 support level due to the recent collapse in Bitcoin below $100,000. Despite the stellar performance of this Ethereum-killer, the recent drop below a key level hints that a corrective phase may have begun. With bearish market structure and on-chain data suggesting further downside, will Solana price drop to $100 amid sellling pressure? Will Solana Price Break Below $100 After Losing Key Support? Solana price has slipped below the $200 support level, raising concerns about a potential drop to $100. This comes as the crypto market experienced a widespread downturn following the recent Federal Open Market Committee (FOMC) meeting. Recently, in the meeting the Federal Reserve reduced the interest rates by 25 basis points, which was anticipated by the market. But the uncertainty arose when the Federal Reserve Chair Jerome Powell mentioned that there may be no more rate cuts until 2025. This has put pressure on markets in general with cryptocurrencies n...

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