Bitcoin price extended its downside on Thursday as it traded at $93,200 after losing 1.9% of its value at the time of writing. The crypto market bellwether faces headwinds as investors ease their positions on high-risk assets amid news of fewer Fed interest rate cuts this year. BTC has declined by 4.2% in the last…
NIO (NYSE: NIO) ended 2024 with a bang, delivering 31,138 vehicles in December—a 72.9% increase year-over-year. The strong finish reflects the company’s efforts to boost production and sales while navigating the challenges of a competitive EV market. But with NIO stock trading near multi-year lows, can the company’s momentum fuel a recovery in 2025? NIO…
NVIDIA’s stock (NASDAQ: NVDA) dropped for the second consecutive session yesterday, falling 2.3% as the broader tech market faced selling pressure. The decline comes just days after its CEO, Jensen Huang, made a bold quantum computing prediction that sparked industry-wide debate. Huang’s remarks not only weighed on NVIDIA but also sent several quantum computing stocks…
Rigetti Computing (NASDAQ: RGTI), one of the most talked-about quantum computing stocks, suffered a dramatic plunge today. Shares fell over 47.60%, wiping out significant recent gains, following comments from Nvidia CEO Jensen Huang. During Nvidia’s analyst day, Huang cast doubt on the near-term utility of quantum computing, suggesting that “very useful” systems might be two…
A high-profile meeting between Ripple CEO Brad Garlinghouse and President-elect Donald Trump at Mar-a-Lago has stirred speculation about regulatory changes and their potential impact on XRP. The recent meeting between Ripple CEO Brad Garlinghouse and President-elect Donald Trump turned the spotlight on cryptocurrency regulation, with XRP being a key focus. During the discussion, Garlinghouse reportedly…
Ethereum price hovered near the critical $3,300 support on Wednesday as the global cryptocurrency market declined by more than $300 billion. ETH has lost nearly 10% of its value in the last two days, underlining a strong downward momentum. The $3,300 mark has served as a support level for the last three weeks and a…
Bitcoin price extended its retreat on Wednesday, and was down by 1.8 percent at the time of writing to stay on course to registering the first successive two-day drop in 2025. The coin was rejected at the $102,000 mark on Monday and Tuesday, after retesting the six-figure level for the first time in three weeks….
Dogecoin (DOGE) has always been more than just a meme coin; it has become a symbol of cryptocurrency’s fun side while attracting serious investors. As we enter 2025, Dogecoin’s price movement continues to captivate the market. Let’s explore the outlook for DOGE with technical analysis and broader market insights. Dogecoin Chart Analysis Hype or Hope…
MicroStrategy (NASDAQ: MSTR) has become one of Wall Street’s most debated stocks thanks to its audacious strategy of amassing Bitcoin. Although some praise the company as a pioneer in adopting digital assets, the increasing volatility in the cryptocurrency market and worries about excessive leverage have raised alarms. Could 2025 signify a pivotal moment for the…
XLM price returned to the upside on Wednesday on a day when the wider cryptocurrency market retreated following Bitcoin’s return to sub-$100,000 territory. Stellar Lumens was up by 2.1% and traded at $0.426 at the time of writing, with the wider crypto market having lost $300 billion in the preceding 24 hours. Stellar’s contrarian trajectory…
