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Source: Invezz News Agency
3 weeks ago
Cryptocurrency Medium Importance

Bitcoin Cash surges 26% as CME futures plan sparks short squeeze

Bitcoin Cash (BCH) surged roughly 26% over 24 hours to trade above $340 on Wednesday, emerging as one of the cryptocurrency market's strongest performers after CME Group unveiled plans to launch regulated BCH futures. The announcement triggered an immediate reaction, with Bitcoin Cash reportedly climbing approximately 14% within an hour before extending its advance toward $350. The rally was also reinforced by a short squeeze and renewed expectations that Grayscale could convert its existing Bitcoin Cash Trust into an exchange-traded fund. Together, those catalysts have brought the $388 resistance and a potential move toward $450 into focus.

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Source: Invezz
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Source: 24/7 Wall Street News Agency
3 weeks ago
Stock Medium Importance
Nvidia Stock Set For 40% Surge: 3 Catalysts That Could Drive the Next Big Move

Nvidia Stock Set For 40% Surge: 3 Catalysts That Could Drive the Next Big Move

My 24/7 Wall St. price target for NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) is $310.20, which implies 39.56% upside from the current $225.35 quote. I rate NVDA a buy with high conviction.

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Source: 24/7 Wall Street
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Source: Invezz News Agency
3 weeks ago
Cryptocurrency Medium Importance

Is Bitcoin's rally real or just a short squeeze? Analysts weigh in

Bitcoin is rallying despite a macro backdrop that should, on paper, be working against it. BTC has jumped from roughly $76,000 last week to around $86,000 this week, extending a sharp rebound even as the Fed raised interest rates, oil remained elevated, and the US-Iran conflict continued to cloud the outlook. Yet the move is not happening in a vacuum. US stocks have also recovered, oil has pulled back below $100, and Treasury yields have eased from recent highs as markets price in a better supply outlook and tentative diplomatic signals around Iran. Still, Bitcoin's scale of the rebound stands out.

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Source: Crypto Economy News Agency
3 weeks ago
Cryptocurrency Medium Importance

Solana's Faster Upgrade Moves to Testnet, Cutting Finality to 0.15 Seconds

Solana began testing the Alpenglow upgrade on its public testnet, which would reduce transaction finality from ~13 seconds to 0.15 seconds. Alpenglow replaces the TowerBFT system with a voting protocol called Votor, which allows blocks to be closed in one or two validation rounds. Validators participating must run Agave 4.

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SOLUSD Solana USD
Source: Crypto Economy
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