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Goldman Sachs Boosts Nvidia Stock Target, AI Coins Poised for Rally Goldman Sachs has reaffirmed its bullish stance on Nvidia, raising its price target for the chip giant’s stock to $150 from $135. This upgrade comes as Nvidia’s shares surged over 1% in pre-market trading, potentially signaling an upcoming rally in AI-related cryptocurrencies. The investment…
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Leading crypto exchange Binance on Monday issued a crucial update on 11 coins, including NEIRO, POPCAT, EIGEN, CFX, DYDX, MEW, CATI, 1MBABYDOGE, ZK, BNX, and UNF. Notably, the crypto exchange revealed that it is modifying the mentioned coins’ leverage and margin tiers of USD-Margined perpetual contracts, garnering investor attention globally. Here’s a brief report on…
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The Shiba Inu burn rate has rocketed more than 14570% today, gaining significant attention from investors. Besides, this surge also comes amid a spike in SHIB price today, with recent analysis indicating towards a massive breakout for the meme coin. Notably, one wallet address has caught the eyes of the investors, alone contributing a larger…
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Ethereum co-founder Vitalik Buterin has unveiled plans to enhance the network’s proof-of-stake (PoS) mechanism, focusing on faster finality and improved accessibility for individual stakers. Buterin’s proposed changes aim to reduce block finalization time from 13-15 minutes to a single slot and lower the staking entry barrier from 32 ETH to just 1 ETH. The Ethereum…
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Mike Novogratz’s Galaxy Digital once again caused a stir across the crypto market on Monday, moving massive amounts of Bitcoin and Ethereum. On-chain data suggests that the digital assets financial services firm moved over 500 BTC and 7000 ETH between crypto exchanges, sparking investor speculations. Meanwhile, BTC and ETH prices saw a notable upside trajectory,…
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The cryptocurrency market is gaining momentum, with Bitcoin surpassing $64,000, triggering enthusiasm among investors. Several Cardano rivals have shown impressive expansions, potentially transforming small investments into considerable profits by end of year 2024. These altcoins have the potential to outperform, with some experts predicting exponential growth. 3 Cardano Rivals To Turn $1 to $1,000 Shiba…
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Reserve Bank of India (RBI) Governor Shaktikanta Das has once again reiterated his positive stance on Central Bank Digital Currency (CBDC), highlighting the potential efficacy of India’s Digital Rupee. In addition, he lauded the development and said that it could be used to avoid potential uncertainties related to cryptocurrency, echoing his previous stance on digital…
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Cardano Price Poised for Potential Breakout as Analyst Predicts $0.50 Target Cardano (ADA) has been trending within a bullish structure despite the broader crypto market dipping 1.9% over the past 24 hours. The asset has consolidated sideways for about two weeks, setting the stage for a possible upside breakout that could ignite a bullish run.…
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In the latest development, the Ethena community introduced a new proposal that seeks to use Ethereum’s Layer-1 competitor Solana as a reserve asset for its synthetic dollar USDe. This development has sent the Ethena (ENA) price soaring by another 17% today to $0.39 thereby taking its market cap above $1.06 billion. Ethena to Use Solana…
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Shiba Inu price consolidates inside a symmetrical triangle after surging 67% from September 18 to September 27. The days following this spike comprised lower highs and lower lows, forming a symmetrical triangle likely to break out in the direction of the preceding trend. If this happens, SHIB price is looking at a 108% potential gain…