Analysis

China’s recent batch of economic support largely disappointed investors holding out for a stimulus “bazooka,” with Morgan Stanley (NYSE:MS) stating that Beijing had limited scope to roll out fiscal measures. 

USD/CAD moves back closer to its highest level since August 16 amid a bullish USD. 

NFTs dominated headlines from late 2020 throughout 2021 before peaking in early 2022. By November 2020, the global NFT sales volume was around $8 million.

Bernstein analysts have predicted that the November presidential election result could affect the price of Bitcoin. The firm’s report shows possible price shifts based on Trump and Harris assuming the presidency.

Analysts at British multinational bank, Standard Chartered have predicted that the price of Ethereum (ETH) could potentially climb to $10,000 in response to the anticipated political changes set to take place following the upcoming United States (US) Presidential elections.

Nvidia (NASDAQ: NVDA) stock has delivered stunning returns once again in 2024 following a blistering performance last year, but a closer look at the company's price chart will tell us that it has lost momentum over the past three months.

Meta Platforms on Wednesday released its AI chatbot Meta AI in several markets including the UK, amid a backlash over user data privacy. Meta launched the AI assistant together with its AI-boosted sunglasses that were modeled by chief executive Mark Zuckerberg.

Investing.com -- Citi said Tuesday it has begun research coverage on 19 companies within the Transportation and Logistics industry, highlighting the sector's recent struggles but also identifying a potential upside for investors.

The Dogecoin price could soon witness another price rally following a recent accumulation trend from crypto whales. Onchain data shows that these whales have bought billions of DOGE tokens in the last week, which could trigger a price surge for the foremost meme coin. 

Crypto analyst Dark Defender (@DefendDark) has issued a bullish forecast for XRP, projecting a price surge above $5.85 based on a confluence of technical indicators and chart patterns.

Investing.com -- BMO Capital analysts believe Google (NASDAQ:GOOGL) and Meta Platforms (NASDAQ:META) are the top ad stocks heading into the fourth quarter of 2024 and 2025, citing their scale and advanced AI tools as key drivers. 

Federal Reserve Bank of San Francisco President Mary Daly said on Wednesday that she "fully" supported the Fed's half of a percentage-point interest-rate cut last month. Daly further stated that one or two more rate cuts this year are likely if the economy evolves as she expects, per Reuters.  

A Bernstein analyst recently raised the company's price target on RTX (NYSE: RTX) stock to $120 from $115 and maintained a "market perform" rating. The analyst notes that the aerospace and defense stock has had a strong run recently in line with the defense sector.

As the bulls and long-term holders continue to capitalize on the dip, analysis of on-chain data has revealed that the selling pressure has been eased massively as the majority of short-term holders have exited the market.

Holonym Foundation partnered with Renzo Protocol, an Ethereum Liquid Restaking Protocol, to strengthen the Mishti network’s security and the company’s Digital Identity Solution: Human Keys.

Investing.com – U.S. equities were higher at the close on Wednesday, as gains in the Consumer Services, Healthcare and Industrials sectors propelled shares higher.

The AUD/USD pair remains under some selling pressure near 0.6715 on Thursday during the early Asian session. The further upside in the Greenback and Chinese demand concerns create a headwind for AUD/USD.

Jefferies analysts initiated research coverage on Reddit Inc (NYSE:RDDT) stock with a Buy rating and a price target of $90, which implies over 27% upside from the last closing price.

Crude Oil finds some support and stabilzes on Wednesday after over 4% correction the previous day when Israel refrained from responding firmly to the recent attacks from Iran.

The CEO of the on-chain analytics firm CryptoQuant has explained how the Bitcoin whales have been showing a shift in their Realized Cap recently.