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A popular crypto analyst is still bullish on a memecoin that’s already ripped by more than 4,000% in two months. The pseudonymous trader known as Altcoin Sherpa tells his 236,500 followers on the social media platform X that he’s still accumulating the Solana (SOL)-based memecoin Fartcoin (FARTCOIN). “I’m filling a bit around $0.80ish, approaching my buys. Total buys = some at $1, more at $0.80, and I also moved some other buys to $0.65 in case they come. I want my average to be around $0.80 or lower though. Still think this is a good meme and I’m hopeful it doesn’t pull a goat/act/etc after being listed.” Source: Altcoin Sherpa/X FARTCOIN is trading at $0.81 at time of writing. The 136th-ranked crypto asset by market cap is down more than 11% in the past 24 hours but up around 4,000% in the past two months. The memecoin launched in late October. Altcoin Sherpa says there’s a catch, however. “Frankly I am a ...

Nvidia stock jumped 6% after ByteDance announced plans to buy $7 billion in chips for 2025. This tech stock trend shows growing confidence in AI hardware markets. The TikTok owner’s investment sparked fresh interest in semiconductor stocks. Source: Yahoo Finance Also Read: Microstrategy Stock Forecast For 2025: Will MSTR Hit $400 Soon? ByteDance’s $7B Nvidia Chip Buy Signals Market Shift for Tech Stocks Source: The Information Strategic Investment Beyond Chinese Borders The Information reports ByteDance’s purchase of Nvidia stock comes as the U.S. limits AI chip exports to China. The company will use these chips in overseas data centers, focusing on Malaysia. The deal includes H100, Blackwell, and H20 chips that meet U.S. rules. This ByteDance investment shows their push into new markets. AI Development and Market Impact ByteDance needs these chips for Doubao, their answer to ChatGPT. The AI service has 50 million users and creates text, images, videos, and audio. It a...

A pseudonymous analyst and trader is leaning bullish on a major memecoin while updating his outlook on two top-10 altcoins by market cap. The analyst pseudonymously known as DonAlt tells 62,700 subscribers of the TechnicalRoundup YouTube channel that Dogecoin (DOGE) could skyrocket by approximately 165% from the current level. “Is Dogecoin going to a dollar? I still think so. Yeah.” Dogecoin is trading at $0.378 at time of writing, up by around 90% over the last seven days. According to the pseudonymous analyst, Dogecoin has one major resistance level to overcome before hitting his price target. “Dogecoin is still very strong… As long as the crypto market stays heated, and I think it’s going to stay heated for at least a couple of weeks, I think targets make sense to be higher. Like $0.58 here and then the meme resistance at $1.” Source: DonAlt/YouTube Turning to XRP, DonAlt says that if the seventh-largest crypto asset by market ...

Microsoft stock vs Meta stock performance shows stark differences in 2024. Meta rose 67.62% to $599.81. Microsoft gained 15.09% to $430.53. These stock market trends changed how billionaire investors view technology investing. Source: Finance Charts Also Read: Cardano: Should You Buy ADA In 2025? Expert Boldly Claims Yes Which Stock To Buy Based On Billionaire Picks: Microsoft Vs. Meta Source: Watcher Guru Billionaire Hedge Fund Managers Switch Positions Stephen Mandel’s Lone Pine Capital demonstrated shifting billionaire stock picks, reducing Microsoft holdings by 18% while increasing Meta Platforms position by 36%. “Meta Platforms is now his largest holding, and Microsoft dropped from second to fifth,” market analysts report. Louis Bacon’s Moore Capital Management reinforced this trend, cutting Microsoft’s stake by 70% while expanding Meta holdings by 961%. Microsoft’s AI Investments Impact Financial Outlook Source: Yahoo Finance Microsoft’s ...

In what is an important development for the cryptocurrency sector, France’s second-largest bank, Groupe BPCE, is officially set to launch Bitcoin and cryptocurrency investment services. Indeed, the services will launch for the bank’s 35 million users, according to an official notice from the country’s financial regulator, Autorité des Marchés Financiers (AMF). The bank’s cryptocurrency business, Hexarq, is now officially approved to begin providing a host of digital asset-related services. Specifically, those authorizations include crypto custody, buying, selling, and trading the tokens against the Euro. JUST IN: 🇫🇷 France's second-largest bank, Groupe BPCE to launch Bitcoin and cryptocurrency investment services for its 35 million users. — Watcher.Guru (@WatcherGuru) December 20, 2024 Also Read: Circle Gets First Stablecoin License Under New EU MiCA Crypto Rules Second-Largest Bank in France Approved to Launch Crypto Investment Services There is no denying how...

Michael Saylor, founder of MicroStrategy, has shared the company’s Bitcoin tracker on X. The market expects an annoncement that the company has acquired another chunk of BTC. Bitcoin price hovered near $94,800 at the time of Saylor’s post on Dec. 29 MicroStrategy founder Michael Saylor has posted the company’s Bitcoin (BTC) tracker chart on X again. In recent months, every such post has been followed by an announcement that the world’s largest corporate holder of the flagship digital asset had acquired another haul. Industry experts and observers have been quick to point out that MicroStrategy is about to announce another major BTC purchase. NEW: Michael Saylor posted his BTC purchase tracker again, which means MicroStrategy will announce another HUGE #Bitcoin purchase tomorrow. SAYLOR IS THE GOAT 🐐 pic.twitter.com/48RTgEE1ud — Nikolaus Hoffman (@NikolausHoff) December 29, 2024 Noticeably, MicroStrategy has acquir...

A popular crypto analyst says one technical signal suggests that top meme token Dogecoin (DOGE) could be primed for a bounce. Ali Martinez tells his 104,600 followers on the social media platform X that the Tom DeMark (TD) Sequential Indicator presented a bullish signal for DOGE. “The TD Sequential presents a buy signal on the Dogecoin DOGE four-hour chart, anticipating a price rebound!” Source: Ali Martinez/X Traders use the TD Sequential Indicator to predict potential trend reversals for tokens based on the closing prices of their 13 previous bars or candles. Martinez also notes that Dogecoin whales bought more than 90 million DOGE in the past two days. Source: Ali Martinez/X DOGE is trading at $0.314 at time of writing, a fractional decrease in the past 24 hours. Looking at Bitcoin (BTC), Martinez warns that traders should be worried if the top-ranked crypto asset by market cap drops below a certain price level. “You don’t want BTC to ...

De-dollarization grows as Russia builds nuclear plants while under sanctions. Boris Titov, the Kremlin’s special representative for international cooperation in sustainability, states that Russia aims to “cement its position as one of the biggest builders of new nuclear plants in the world.” This shapes new trade paths, and we’re curious how it will evolve. Source: Financial Times Also Read: Dogecoin: How To Become A Millionaire With DOGE By 2030? Exploring How Russia’s Nuclear Strategies to Bypass Tariffs Could Drive De-Dollarization and Shift Global Trade Source: Investopedia Russia’s Nuclear Expansion Strategy Source: Financial Times The De-dollarization process has many stages. Until now, the process has reached 54 countries, and through nuclear power, the numbers will most likely rise. Russia builds in six countries: Bangladesh, China, Egypt, India, Iran, and Turkey. “We are building more than 10 different units around the world,” Ti...

A crypto exchange token is defying this week’s marketwide downtrend, skyrocketing by nearly 30%. The Bitget Token (BGB) is trading at $7.37 at time of writing and is up nearly 28% in the past 24 hours and more than 70% in the past week. BGB’s gains partially materialized amid news that Bitget plans to merge the token with its other native asset, the Bitget Wallet Token (BWB). BWB, the 638th-ranked crypto asset by market cap, is down more than 4% in the past day but up nearly 45% in the past week. Bitget’s merger will unify both tokens under the BGB label. The exchange says the decision was driven by community demand. Explains Bitget chief executive Gracy Chen, “By merging BGB and BWB, we are taking a major step toward building a unified and robust ecosystem that bridges on-chain and off-chain applications. This move will enhance the utility of BGB, and ensure that every holder benefits from Bitget ecosystem growth.” Bitget says BWB holders on...

Donald Trump, the current president-elect of the United States, is all set to commence his official role as the 47th president of the US in January 2025. Trump is renowned for his pro-crypto stance, which could play a pivotal role in bolstering the cryptocurrency domain soon after his inauguration ceremony, a highly anticipated event that may determine the future pace of the crypto domain. The event could trigger a crypto surge, with these three crypto coins gaining the most out of the lot. Also Read: Cardano: Can ADA Reclaim $1 Before 2025 Starts? Top 3 Cryptocurrency Coins To Rise Post Trump’s Inauguration 1. Bitcoin (BTC) Source: Watcher Guru Bitcoin has shown extreme sensitivity to such global events this year. The markets noted Bitcoin rising soon after the US election results were out and BTC tanking when the Federal Reserve announced no plans to explore the aforementioned token. Such volatile positioning of the token has compelled investors to speculate that Bitcoin may sur...

Meme coins emerged as the top gainers of the second week of October. Shiba Inu (SHIB) topped the charts with a 7% rise throughout the past 24 hours. Dogecoin (DOGE) followed suit after soaring nearly 5% during the same period. This comes after a reasonably bearish week as DOGE dipped by 7%. But the last spike boosted the asset’s price, trading at $0.1139 during press time. Also Read: How High Can Pepe & DogWifHat (WIF) Surge by October End 2024 DOGE’s Recent Performance And Future Predictions Source DOGE’s Breakout From A Descending Triangle Pattern DOGE’s latest uptick was linked to its breakout from a descending triangle pattern. Prominent analyst Ali Martinez brought this to light in an X post. He pointed out that DOGE had established a well-known descending triangle pattern on weekly charts. This chart propels a consistent downward trend between flat support and a downsloping trendline. However, a negative forecast is negated since there was a recent drop from the patter...