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Alphabet (GOOGL) Emerging as Best High Growth Nasdaq Stock?

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There is certainly a case to be made for Alphabet (GOOGL) emerging as the best high-growth Nasdaq stock that is turning a profit in 2024. The Magnificent Seven stock has continued to prove its value, posting a five-year net income growth of more than 20% and thriving this year. Google has continued to embrace the new direction of the tech sector. Therefore, interest in its stock has reflected this move. As it continues to embrace artificial intelligence (AI) and cloud-based computing, the argument for its superiority within Nasdaq stocks becomes all the more undeniable. Source: bankrate Also Read: Alphabet (GOOGL): Analysts Say Google is a Buy-Now Stock Alphabet Thriving as Magnificent 7 Stock Eyes Continued Success This Year In a recent report from Truist Financial, Alphabet saw its target price increase to $220. Moreover, that came from the firm placing a buy rating on GOOGL as the stock faces a potential increase of almost 33% from its previous close. These factors reinforce the ret

AI predicts Bitcoin price for Halloween 2024

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In recent years, Bitcoin’s (BTC) price has mostly appreciated each Halloween season, and now an artificial intelligence (AI)-enabled Analysis tool, alongside chart patterns, is highlighting a possible continuation of this trend in 2024. Except for 2018 and 2022, the valuation of the maiden cryptocurrency has traded higher on each Halloween day than the year before.  Therefore, to determine if the trend will be replicated in 2024, Finbold leveraged insights from advanced AI algorithms deployed by the crypto analytics and forecasting platform PricePredictions.   Picks for you Perplexity AI predicts Gold price based on analysts’ insights 15 hours ago Expert warns Bitcoin is in a 'bull trap,' sets next BTC price low target

Bitcoin Dogs (0DOG) price prediction: a potential surge in ‘Uptober’

October, known as “Uptober,” historically boosts Bitcoin prices significantly. Bitcoin Dogs (0DOG) could surge alongside BTC, with predictions of 100X growth. Upcoming catalysts include a Telegram game and NFT collection driving demand. As October unfolds, the cryptocurrency market is buzzing with excitement, and Bitcoin Dogs (0DOG) is emerging as a prominent player in this landscape. Historically known as “Uptober,” this month has seen Bitcoin (BTC) experience significant gains, averaging around 22% in previous years. Analysts are optimistic that Bitcoin Dogs, as a leading beta play in this market, will follow suit and deliver impressive returns for investors. Historical context and macro conditions Bitcoin’s average performance through October indicates a strong likelihood of hitting $73,000 before the month’s end. Coupled with China’s stimulating economic measures and expectations of a 50 basis point cut in interest rates from the Federal Reserve, cond

Trump-backed World Liberty Financial stumbles at launch, website goes offline

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World Liberty Financial, the cryptocurrency project backed by Donald Trump and his sons, appears to have launched, though the website has struggled under the initial load, repeatedly going offline. Blockchain data suggests that the token currently has over 2,900 holders, and 0x5be9a4959308A0D0c7bC0870E319314d8D957dBB, an address that seems to be a multisignature wallet for this project, holds approximately $3.7 million in ether, $1.2 million in tether, and $240,000 worth of USDC.  It was previously reported that over 100,000 investors had provided the documents required to be placed on the whitelist ahead of the token’s launch. However, the launch has not all been smooth sailing with the World Liberty Financial website struggling to stay online and appearing to be frequently inaccessible.  What is World Liberty Financial? Read more: Scammers cash in as Donald Trump fumbles World Liberty Financial launch World Liberty Financial is a thin wrapper around the Aave lending protoco

Currency: What's Happening With the US Dollar & Chinese Yuan?

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The US dollar took the top spot of the currency markets this week , outperforming the Euro and Chinese yuan. The DXY index, which tracks the USD’s performance, shows the currency touching 103.10 on Tuesday’s opening bell. The USD is now at a 10-week high as traders bet on a moderate interest rate cut by the Federal Reserve. Also Read: BRICS Advances ‘Multicurrency System’ To Break US Dollar Dominance The Chinese yuan dipped against the US dollar after China’s weekend stimulus announcements disappointed currency and forex investors. China’s fiscal stimulus briefing received mixed responses as the package from the central bank failed at monetary easing. It also failed to reduce economic inflation and fell short of expectations among the investors’ community. Inflation in China grew 0.4%, while it is on a decline in the US at 2.3%. In addition, production in China dipped 2.8%, marking the 24th consecutive month of decline. All these developments bolstered the US dollar to a high while th

Can Shiba Inu (SHIB) Hit 1 Cent Before 2025?

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Shiba Inu (SHIB), the second-largest meme coin, had a dull weekend. The asset witnessed a massive dip, but it did much better than last week. In the previous seven days, SHIB dropped to a low of $0.00001621 following a 3.76% dip. At press time, the meme coin was trading at $0.000018 with a slight spike of 1.77% over the past 24 hours. Also Read: UAE Central Bank Approves AED Stablecoin: A New Era Begins Factors Influencing Shiba Inu’s Price And Future Predictions Source But the community was hopeful as whales made some noise in the SHIB market. According to data from Coinglass, the Spot netflow of SHIB revealed that the network witnessed seven days of outflows. This is bullish for the asset and its price since it shows that the previous data of huge transactions may represent whales hoarding SHIB tokens. Whale Activity And Its Impact The real question is whether this is enough for the meme coin to reach its much-awaited milestone of 1 cent. To hit this mark, the asset has to surge 55,7

VeChain Weekly Price Prediction: Can VET Hit $0.03 This Week?

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VeChain (VET) has recovered 1.9% in the last 24 hours. The asset is also up by 0.4% in the monthly charts and 39% since October 2023. Despite the rally, VET’s price is still down by 4.6% in the weekly charts and 8.2% in the 14-day charts. In this price prediction article, let’s discuss how high the asset can go this week. Also Read: What Time Does Walmart Customer Service Close? VeChain’s Market Momentum And Future Predictions Source: CoinGecko VET’s latest rally follows Bitcoin’s (BTC) upward momentum, which may have introduced some positive investor confidence in the crypto market. Analysts anticipate a market-wide rally if Donald Trump returns to the Oval Office. The US Presidential elections are due on Nov. 5, 2024, and market participants may be taking positions. Many anticipate a Trump return in 2024, which may lead to increased investments in crypto assets over the next few weeks. VeChain Weekly Price Prediction: Can It Hit $0.03? CoinCodex researchers paint quite a bearish pict

Bitcoin price gears up for major rally with two key peaks on the horizon

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Bitcoin (BTC) has had a bumpy start to October, with the much-anticipated “Uptober” rally getting off to a slow beginning. However, despite this sluggish start, an analyst sees two major peaks on the horizon, suggesting that Bitcoin’s long-term bullish trajectory remains intact. After briefly dipping below $60,000, Bitcoin rebounded sharply, reclaiming $63,000. This recovery, coupled with promising technical indicators and macroeconomic factors, signals that bulls are still in control, especially with the release of China’s fiscal policy update. Bitcoin is now approaching key price levels, and market momentum is likely to shift based on technical factors and historical patterns. As noted by Cryptocon in an X post on October 11, these dynamics could prove pivotal in shaping Bitcoin’s next moves. Picks for you Someone just paid $1.4 million

Next Cryptocurrency to Explode, October 11 — Pyth Network, Immutable X, XRP, SXP

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The overall feeling in the market is surprisingly negative, and cryptocurrency prices have been fluctuating for a while, including Bitcoin (BTC). BTC is struggling to stay above $60K after touching 63K late last month. Meanwhile, Ethereum (ETH) is currently striving to stabilize at $2,400. However, identifying the next cryptocurrencies to explode might take some work as most funds are attracted to pumping assets. Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify coins with some potential and inform investors and traders about each token.  Next Cryptocurrency To Explode Today’s article discusses the performance of potentially explosive cryptos that investors should add to their watchlist. It also includes a special mention of Pepe Unchained, a new Pepe-themed meme coin launched on its Ethereum Layer 2 blockchain. Within minutes, it attracted over $150,000 in investments. The details o

Crypto Analyst Says 1,400%+ Price Surge for One Ethereum Rival Not As ‘Crazy as It Sounds’

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A widely followed analyst and trader says that an exponential rally for one of Ethereum’s (ETH) biggest rivals could be around the corner. The analyst pseudonymously known as Kaleo tells his 651,800 followers on the social media platform X that the price action of Avalanche (AVAX) over its first four years mirrors Ethereum’s during the same timeframe. “If similar price action continues to play out, an upside target of $400 AVAX isn’t as crazy as it sounds.” Source: Kaleo/X Source: Kaleo/X Avalanche, which is trading at $26.19 at time of writing, would have to go up by 1,427% from the current level to reach $400. However, Kaleo says that Avalanche and Ethereum have some differences despite their price action mirroring each other’s at similar periods of their lifetime. “ETH didn’t have a similar level of competition for capital from other layer-one ecosystems as AVAX has currently. Conversely, there’s more capital in the market as a whole than there was at this