News

Citi Upgrades Galaxy Digital, Predicting a 40% Rally

Citi analysts upgraded Galaxy Digital stock, forecasting a 40% rally to $28 despite recent challenges from the crypto winter and technical indicators suggesting potential near-term downward pressure.

Nvidia Stock Forecast Eyes $212 Level Amid Maia 300 Debut

Nvidia stock faces downward pressure and potential correction toward the $212 level following Microsoft's debut of the Maia 300 chip, growing AI hardware competition, and cautious market sentiment.

BTC Dips Under $84K Amid $65.4M in ETF Outflows

Bitcoin price faced renewed pressure as U.S. spot exchange-traded funds (ETFs) recorded $65.4 million in net outflows. The withdrawals came on Monday, Oct. 12, reversing the previous trading session’s modest inflows. BlackRock’s iShares Bitcoin Trust (IBIT) accounted for the entire daily net withdrawal, according to Farside Investors. Meanwhile, Ethereum ETFs reported another $85.4 … The…

Can SPCX Stock Rebound Back to the $176 Level?

SpaceX stock recently traded around $163 following a price target increase by Pivotal Research to $230, while Morgan Stanley maintained its $300 target. Analysts highlighted growth potential for Starlink Mobile and upcoming aerospace milestones.

Bitcoin Eyes $87K Recovery Amid $1B in ETF Outflows

Bitcoin recovered toward $83,500 following a weekly decline, facing resistance near $85,500 on the path to $87,000. This price rebound occurred alongside over $1 billion in combined October outflows for Bitcoin and Ether exchange-traded funds.

Bitcoin Price Forecast: Will Bulls Push Past $85K Toward $92K?

Bitcoin price forecasts highlight mixed signals as recovering holder profitability battles weak trading volume and key resistance near $84K, keeping the cryptocurrency outlook uncertain.

China Proposes National Blockchain Network and Data Market Reforms

Key Insights: China has proposed a national blockchain network as part of a new plan to connect digital technology with the wider economy. The proposal appears in a policy document containing 19 measures that Chinese authorities released on October 9. The document also calls for a nationwide computing network and changes to rules governing data…

Evernorth Backed by Ripple to Launch on Nasdaq with 473M XRP

Evernorth has finalized its merger with Armada Acquisition Corp. II, taking ownership of 473 million XRP and raising $300 million. The Ripple-backed treasury firm is set to debut on Nasdaq under the ticker XRPN.

SOL Price Forecast Slumps Amid Rising ETF Outflows

Solana's price forecast turns cautious as rising ETF outflows and cooling demand weigh on the token, despite positive technical indicators like a golden cross and upcoming network upgrades.

Tesla Shares Near Critical Level Amid European and Chinese Sales Growth

Tesla shares approach a critical resistance level ahead of third-quarter earnings, supported by rising sales in China and Europe alongside ongoing debates over its lofty valuation and capital expenditures.

Bitcoin Price Outlook as Corporate and Retail Buying Persists

Bitcoin prices rebounded toward $82,700 following a steep decline, driven by ongoing corporate accumulation from major treasury entities like Strategy and Metaplanet, alongside strong ETF inflows and bullish technical indicators.

MicroStrategy Shares Rise Following Barclays Price Target Hike to $175

MicroStrategy shares rose 1.89% to close at $154.34 after Barclays raised its price target for MSTR from $160 to $175, maintaining an Overweight rating as the company expanded its Bitcoin treasury to 848,000 BTC.

Citizens Maintains $515 Alphabet Target on Google AI Strategy

Citizens maintained its $515 price target and Market Outperform rating for Alphabet, highlighting Google's enterprise artificial intelligence strategy and flexibility with Gemini and rival models.

ETH Price Outlook: Can Ethereum Sustain $2,400 Amid Rising Withdrawals?

Ethereum's price hovers near $2,490 as Binance records a six-month low in ETH reserves and a historic surge in daily withdrawal transactions during a recent market correction.