SHIB's Potential Breakout: Analysts Eyeing 12-Month High
SHIB poised for 52% rally amidst market momentum and technical optimism.
Huang BoSHIB poised for 52% rally amidst market momentum and technical optimism.
Huang BoChina's efforts to stabilize the yuan have potential downsides for Bitcoin, as the People's Bank of China's interventions may lead to global USD strength, impacting Bitcoin and other risky assets. Analysts suggest that China aims to maintain currency stability, potentially affecting Bitcoin's performance negatively.
Cheng YuanAnalysts foresee a potential correction in Solana's price, with varied predictions on specific levels. The current market status reflects a recent decline, emphasizing the need for investors to monitor key support levels.
Bernicewhile there are signs of recovery in DeFi and NFTs, JPMorgan analysts emphasize caution. The recent positive trends may be natural, and Ethereum's challenges persist. New players entering the space offer hope, but the fate of Ethereum's dominance depends on successful upgrades, which remain uncertain.
SanyaThe exchange demonstrated its robustness when about $6 billion of customer funds were withdrawn on Dec. 13, the report said.
CoindeskIf Genesis is forced to file for bankruptcy, creditors will have no claim on GBTC assets, the report said.
Coindesk
Coinlive The combined company would have a more than 80% share of the global crypto market, the report said.
CoindeskETH price finally broke the $3,000 mark and while there is a case for further gains, analysts believe that lower levels will be retested first.
CointelegraphBTC finally hit the projected $45,000 support zone, but analysts have mixed views on whether continuation or consolidation will be the next step.
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