Option chain shows key data for Riley Gold's stock options at various strike prices and expiration dates. Traders use this information to analyze potential trades and assess market sentiment for Riley Gold.

Riley Gold (OTC:RLYGF) Stock, Option Chain

Riley Gold Corp is a Canada-based precious metals exploration company. It is engaged in the acquisition and exploration of mineral properties located in the state of Nevada, USA. The company's projects include the Tokop Gold project, the Pipeline West/Clipper Project, and the East Manhattan Wash project.

Riley Gold Corp

U.S. equity markets could be headed for a correction due to a confluence of factors like the growing divergence from "Magnificent 7" stocks and President-elect Donald Trump's tariff plans, according to market expert Jay Woods.
What Happened: In an interview with <a href="https://www.cnbc.com/video/2024/12/27/market-is-at-the-beginning-of-a-10-percent-correction-says-freedom-capitals-jay-woods.html">CNBC</a>, Woods, chief market strategist at Freedom Capital Markets, cautioned about the possibility of a market correction in the near term.
According to Woods, we could be at the beginning of a 10% correction in the equity markets. Woods noted that these corrections happen roughly once every 18 months.
"We've had a tremendous run, 10% correction is due to happen every 18 months… What we're seeing is just horrible market breadth," Woods said.
Woods added that while the "Magnificent 7" stocks — Apple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Microsoft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Google parent Alphabet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), Amazon.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) and Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) — have done well, the divergence in their performance and that of the overall market is "getting a little bit too rich" for him.
See Also: <a href="https://www.benzinga.com/24/12/42696614/cathie-wood-takes-profit-on-hot-ai-stock-palantir-again-continues-to-sell-block-shares-amid-bitcoin-buzz">Cathie Wood Takes Profit On Hot AI Stock Palantir Again, Continues To Sell Block Shares Amid Bitcoin Buzz</a>
"Once we get to the new quarter, we're going to have some headwinds to deal with. We may see some of those Mag 7 names give back a little bit. I don't think the rotation will keep us from having a 10% correction."
"It's not going to be fun," he quipped.
Woods also pointed to uncertainty due to Trump's tariff plans as a possible headwind that could have an impact on the markets.
Elon Musk and Vivek Ramaswamy-led Department of Government Efficiency's (DOGE) plans to cut down federal spending could also result in an uptick in unemployment, said Woods.
Why It Matters: The potential for a market correction has been echoed by other financial experts.
Brian Arcese&nbsp;from&nbsp;Foord Asset Management&nbsp;has also <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42133820/potential-healthy-correction-for-an-expensive-market-looms-as-us-economic-growth-and-earnings-slow-says-asset-manager-sp-500-nasdaq-futures-trade-lower-in-premarket">raised concerns</a> about the slowing U.S. economic growth and corporate earnings, which could trigger a correction if they continue to decelerate. Arcese pointed out that the S&amp;P 500 has been &#8220;expensive for quite a while,&#8221; with a price-to-earnings ratio exceeding 27.
Additionally,&nbsp;Jeremy Siegel, professor emeritus at the University of Pennsylvania's Wharton School, described a recent stock market downturn as a <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42570219/whartons-jeremy-siegel-calls-stock-sell-off-a-healthy-reality-check-market-was-overly-optimistic">&#8220;healthy&#8221; reaction</a> to the Federal Reserve&#8217;s cautious approach to future interest rate cuts.
The Fed&#8217;s decision to lower interest rates by a quarter percentage point led to declines across major Wall Street indexes, as investors had anticipated more aggressive rate reductions.
Billionaire investor&nbsp;David Einhorn <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42087680/billionaire-investor-david-einhorn-calls-it-most-expensive-market-of-all-time-as-sp-500-gains-4-since-trumps-win-really-really-pricey">characterized the market as &#8220;really, really, really pricey,&#8221;</a> noting that the Shiller cyclically adjusted price-to-earnings ratio is at one of the highest levels in a century.
Despite these high valuations, Einhorn clarified that this does not make him bearish, as asset prices can remain mispriced for extended periods.
Price Action: According to <a href="http://pro.benzinga.com">Benzinga Pro</a>, as of Friday&#8217;s pre-market session, the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), which mirrors the S&amp;P 500, has gained 1.68% over the past five days. Similarly, the Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which tracks the Nasdaq-100 Index, has risen by 1.65% during the same period.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42682230/tech-bull-predicts-26-upside-for-apple-stock-sees-golden-era-of-growth-for-cupertino-due-to-multi-year-ai-driven-iphone-upgrade-cycle">Tech Bull Predicts 26% Upside For Apple Stock, Sees &#8216;Golden Era Of Growth&#8217; For Cupertino Due To Multi-Year AI-Driven iPhone Upgrade Cycle</a></li>
</ul>
Photo courtesy: Shutterstock

Analyst Color

News

Markets

AAPL

AMZN

GOOG

GOOGL

MSFT

NVDA

TSLA

US Stocks Likely Headed For 10% Correction, Says Top Strategist, Points Out 'Horrible Market Breadth:' Trump's Tariff Plans, Musk Co-Led DOGE Could Be Partially To Blame For Decline

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a<a href="https://www.benzinga.com/yield-investments"> high dividend payout</a>.
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the consumer discretionary sector.
<h3 class="wp-block-heading">Guess?, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GES#NYSE">GES</a>)</h3>
<ul>
<li>Dividend Yield: 8.63%</li>
<li>Small Cap Consumer Research analyst Eric Beder reiterated a Buy rating with a price target of $23 on Dec. 18. This analyst has an accuracy rate of 63%.</li>
<li>Telsey Advisory Group analyst Dana Telsey maintained a Market Perform rating and cut the price target from $21 to $18 on Oct. 27. This analyst has an accuracy rate of 61%.</li>
<li>Recent News: On Nov. 26, Guess? reported a year-over-year decrease in third-quarter adjusted EPS results.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122724&amp;t=be2bearmibe3na1">latest GES news</a>. </li>
</ul>
<figure class="wp-block-image is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122724&amp;t=be2bearmibe3na1"><img decoding="async" src="blob:https://editorial.benzinga.com/a966e0da-d6d8-4556-8a69-68ba12052b66" alt="" style="width:651px;height:auto" /></a></figure>
<h3 class="wp-block-heading">Kohl&#8217;s Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KSS#NYSE">KSS</a>)</h3>
<ul>
<li>Dividend Yield: 13.47%</li>
<li>Guggenheim analyst Robert Drbul downgraded the stock from Buy to Neutral on Dec. 2. This analyst has an accuracy rate of 66%.</li>
<li>Citigroup analyst Paul Lejuez maintained a Neutral rating and cut the price target from $18 to $14 on Nov. 27. This analyst has an accuracy rate of 66%.</li>
<li>Recent News: On Nov. 27, Kohl&#8217;s reported worse-than-expected third-quarter EPS and sales, cut its FY24 EPS guidance, and projected a net sales decrease of 7%-8%.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122724&amp;t=be2bearmibe3na1">latest KSS news</a> </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122724&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="896" height="837" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/27074455/image-219.png" alt="" class="wp-image-709175" style="width:587px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/27074455/image-219.png 896w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/27074455/image-219-300x280.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/27074455/image-219-768x717.png 768w" sizes="(max-width: 896px) 100vw, 896px" /></a></figure>
<h3 class="wp-block-heading">Bloomin&#8217; Brands, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLMN#NASDAQ">BLMN</a>)</h3>
<ul>
<li>Dividend Yield: 7.73%</li>
<li>JP Morgan analyst John Ivankoe maintained a Neutral rating and slashed the price target from $19 to $14 on Nov. 12. This analyst has an accuracy rate of 75%.</li>
<li>Raymond James analyst Brian Vaccaro downgraded the stock from Outperform to Market Perform on Nov. 11. This analyst has an accuracy rate of 81%.</li>
<li>Recent News: On Nov. 8, the company reported third-quarter adjusted earnings per share of 21 cents, beating the street view of 20 cents. Quarterly revenues of $1.038 billion (down 3.8%) missed the analyst consensus of $1.042 billion.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122724&amp;t=be2bearmibe3na1">trend in BLMN stock</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122724&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="912" height="850" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/27074537/image-220.png" alt="" class="wp-image-709176" style="width:670px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/27074537/image-220.png 912w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/27074537/image-220-300x280.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/27074537/image-220-768x716.png 768w" sizes="(max-width: 912px) 100vw, 912px" /></a></figure>
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="How to Find Dividend Stocks: Scan, Analyze, and Capture with Benzinga Pro" width="500" height="281" src="https://www.youtube.com/embed/pVF0O2lsEH4?start=1&#038;feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
Read More: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42697989/dow-edges-higher-in-thin-holiday-trading-fear-declines-among-us-investors-but-fear-greed-index-remains-in-fear-zone">Dow Edges Higher In Thin Holiday Trading As Tesla, Apple Surge: Investor Sentiment Improves, But Greed Index Remains In &#8216;Fear&#8217; Zone</a></li>
</ul>

Price Target

Pre-Market Outlook

Analyst Ratings

Trading Ideas

BLMN

Wall Street's Most Accurate Analysts Give Their Take On 3 Consumer Stocks With Over 7% Dividend Yields

Dogecoin's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) impressive performance over the past week has sparked bullish sentiment among traders, with some expecting a continuation of <a href="https://www.benzinga.com/money/dogecoin-doge-price-prediction">its upward trend</a>.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Price&nbsp;&nbsp;&nbsp;</td>
<td>Market Cap</td>
<td>24-Hour Trend</td>
<td>7-Day Trend</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td>
<td>&nbsp;$0.3207</td>
<td>$47.3 billion</td>
<td>+1.4%&nbsp;</td>
<td>&nbsp;+19%</td>
</tr>
<tr>
<td>Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>)</td>
<td>&nbsp;$0.00002229</td>
<td>$13.1 billion</td>
<td>+2.9%&nbsp;</td>
<td>+19.2%&nbsp;</td>
</tr>
<tr>
<td>Pepe (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">PEPE</a>)</td>
<td>&nbsp;$0.00001806&nbsp;</td>
<td>$7.6 billion</td>
<td>+4.3%&nbsp;</td>
<td>+23.9%&nbsp;</td>
</tr>
</tbody>
</table>
</figure>
Trader Notes: Ali Martinez, a crypto chart analyst, flagged a &#8220;buy signal&#8221; on Dogecoin's 4-hour chart, anticipating a price rebound.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The TD Sequential presents a buy signal on the <a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw">#Dogecoin</a> <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DOGE</a> 4-hour chart, anticipating a price rebound! <a href="https://t.co/ffwthCQL5B">pic.twitter.com/ffwthCQL5B</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1872564616804643278?ref_src=twsrc%5Etfw">December 27, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Similarly, Trader Tardigrade <a href="https://x.com/TATrader_Alan/status/1872573261789487222">pointed</a> to a &#8220;Spinning Top&#8221; candlestick pattern on the DOGE weekly chart, typically signaling a potential bottom. Coupled with RSI levels approaching support, these factors suggest Dogecoin may be gearing up for another rally.
Statistics: Martinez also <a href="https://x.com/ali_charts/status/1872597229552459783">highlighted</a> significant whale activity, with over 90 million DOGE purchased in the past 48 hours. This level of accumulation often indicates expectations of a price rebound or a major market development.
Data from Coinglass reveals $6.7 million in DOGE liquidations over the last 24 hours, including $4.7 million in long positions. The sustained open interest of $2 billion—despite recent declines—reflects growing optimism around Dogecoin's future price trajectory.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42682141/dogecoin-price-down-4-what-is-going-on">Dogecoin Price Down 4%: What Is Going On?</a></li>
</ul>
Image: Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$DOGE

$PEPE

$SHIB

Dogecoin Jumps 19% In Christmas Week Rally: What Is Going On?

Goldman Sachs analyst George Tong maintains KinderCare Learning (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KLC#NYSE">KLC</a>) with a Buy and lowers the price target from $41 to $35.

Goldman Sachs Maintains Buy on KinderCare Learning, Lowers Price Target to $35

Goldman Sachs analyst George Tong maintains Bright Horizons Family (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BFAM#NYSE">BFAM</a>) with a Buy and lowers the price target from $162 to $142.

BFAM

Goldman Sachs Maintains Buy on Bright Horizons Family, Lowers Price Target to $142

Baird analyst Joe Vruwink initiates coverage on ServiceTitan (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTAN#NASDAQ">TTAN</a>) with a Outperform rating and announces Price Target of $117.

Initiation

TTAN

Baird Initiates Coverage On ServiceTitan with Outperform Rating, Announces Price Target of $117

Legal

BNTX

BioNTech Entered Settlement Agreement With NIH for $791.5M Over COVID-19 Vaccine Royalties (2020-2023)

Raymond James analyst Jayson Bedford maintains Masimo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MASI#NASDAQ">MASI</a>) with a Outperform and raises the price target from $170 to $194.

MASI

Raymond James Maintains Outperform on Masimo, Raises Price Target to $194

For the quarter and year ended September 28, 2024, the Company recognized an impairment loss of $30.4 million related to inventory damaged or destroyed by Hurricane Helene.&nbsp;
Additionally, the Company also recognized a property and equipment impairment loss of $4.5 million for the quarter and year ended September 28, 2024.

IMKTA

Ingles Markets Reports Q4 Net Sales Of $1.4B Lower Than $1.58B, Diluted Losses Per Share Was $0.08

U.S. stock futures tumbled on Friday in premarket hours after a mixed Thursday. All four index futures slipped in trade.
While the S&amp;P 500 index is on its way to registering a robust 20% plus return for the second consecutive year in 2024 it ended lower on the second day of the Santa rally after advancing 1.1% on Christmas Eve. Analysts say that the full &#8216;Santa Claus Rally&#8217; has never been lower.
The 10-year and two-year Treasury notes yielded 4.61% and 4.33%, respectively. The probability of having no change in the interest rates for the upcoming Jan. 31, 2025 decision was at 89.3%, down from 91.4% a week ago, according <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">to</a> CME Group&#8217;s FedWatch tool.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>-0.42%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-0.43%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-0.41%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-0.43%</td>
</tr>
</tbody>
</table>
</figure>
In premarket trading on Friday, the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) was up 0.04% to $601.34 and the Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) fell 0.36% to $527.70, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
Cues From The Last Session
U.S. stock markets closed mixed on Thursday, following a Christmas break. The Dow Jones Industrial Average edged <a href="https://www.benzinga.com/24/12/42697989/dow-edges-higher-in-thin-holiday-trading-fear-declines-among-us-investors-but-fear-greed-index-remains-in-fear-zone">higher</a>, while the S&amp;P 500 and Nasdaq Composite dipped slightly.
Month-to-date performance varied across indices. The Nasdaq significantly outperformed, driven by strong gains in Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), while the Dow Jones experienced a decline of around 3.5%. The S&amp;P 500 saw a modest gain of 0.1%.
Economic data released on Thursday showed a slight decrease in initial jobless claims, coming in below market expectations. This suggests a continued strong labor market.
Sector performance was mixed. Healthcare, financial, and real estate sectors led gains, while consumer discretionary and communication services sectors underperformed.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>-0.05%</td>
<td>20,020.36</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-0.04%</td>
<td>6,037.59 </td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.07%</td>
<td>43,325.80 </td>
</tr>
<tr>
<td>Russell 2000</td>
<td>0.90%</td>
<td>2,280.19 </td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts
According to the chief market strategist at Carson Research, Ryan Detrick, the final six days of the &#8216;Santa Claus Rally&#8217; has been higher five out of seven, with two small losses. But even these six days have been higher by 1.7% on average.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The S&amp;P 500 gained more than 1% on the first day of the Santa Claus Rally (SCR). Now what? Full SCR period has never been lower, up 7 out of 7. Final 6 days? Higher 5 of 7, with two small losses and up 1.7% on avg. &#x1f385;&#x1f4aa; <a href="https://t.co/dwCKraVxAA">pic.twitter.com/dwCKraVxAA</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1872323859334238441?ref_src=twsrc%5Etfw">December 26, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Mapping the data from 1950, Detrick summarized that the S&amp;P 500 has had a 20% plus return 22 times and a negative return annual return or 21 times in total.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">We are about to have more years, since 1950, that saw stocks gain 20% (22) than had a negative year (21). Impress your friends at the New Year&#39;s Eve party with that stat. <a href="https://t.co/LDn0m6uBf6">pic.twitter.com/LDn0m6uBf6</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1872422872427470946?ref_src=twsrc%5Etfw">December 26, 2024</a></blockquote>
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</figure>
According to Charlie Bilello, the chief market strategist at Creative Planning the S&amp;P 500&#8217;s 57 all-time highs in 2024 was the fifth highest in its history.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The S&amp;P 500 has hit 57 all-time highs so far in 2024, the 5th most of any year in history. <a href="https://twitter.com/search?q=%24SPX&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SPX</a> Video: <a href="https://t.co/a2jVufnOfZ">https://t.co/a2jVufnOfZ</a> <a href="https://t.co/3xe6W8ub5b">pic.twitter.com/3xe6W8ub5b</a>
&mdash; Charlie Bilello (@charliebilello) <a href="https://twitter.com/charliebilello/status/1872330869236539691?ref_src=twsrc%5Etfw">December 26, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Louis Navellier of Navellier &amp; Associates in his daily market commentary said, &#8220;The Fed may be turning its attention to inflation, according to Fed Chairman Jerome Powell's comments, but if continuing unemployment claims continue to rise, it will likely get the Fed's attention and encourage more key interest rate cuts.&#8221;
&#8220;Continuing unemployment claims rose to 1.91 million in the latest week, which represents the highest level in more than three years. New unemployment claims came in at 219,000, which was a bit lower than the four-week moving average of 226,500,&#8221; he added.
See Also:&nbsp;<a href="https://www.benzinga.com/money/how-to-trade-futures">How To Trade Futures</a>
Upcoming Economic Data
Only a few data points remain to be released in this truncated week that will help investors determine the future course of action.
<ul>
<li>On Friday, November&#8217;s data for the advanced U.S. trade balance in goods, advanced retail inventories, and advanced wholesale inventories will be announced at 8:30 a.m., ET.</li>
</ul>
Stocks In Focus:
<ul>
<li>Viracta Therapeutics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIRX#NASDAQ">VIRX</a>) was down 21.90% in premarket after it said that the company board has initiated a process to explore a broad range of strategic alternatives to close its ongoing pivotal Phase 2 clinical trial of Nana-val in Relapsed/Refractory EBV + Lymphomas.</li>
</ul>
<ul>
<li>Evaxion Biotech A/S (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVAX#NASDAQ">EVAX</a>) was up 67.85% as it applied for a patent for vaccines targeting Neisseria gonorrhoeae.</li>
</ul>
<ul>
<li>Grid Dynamics Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GDYN#NASDAQ">GDYN</a>) was up 7.31% as it will replace Revelyst Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEAR#NYSE">GEAR</a>) in the S&amp;P SmallCap 600 effective before the opening bell on Thursday, Jan. 2.</li>
</ul>
<ul>
<li>Sealsq Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAES#NASDAQ">LAES</a>) was up 6.28% in premarket after it regained compliance with Nasdaq's minimum bid price requirement, securing its position on the stock market.</li>
</ul>
<ul>
<li>Rigetti Computing Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>) was up 8.16% in premarket after a 36% jump on Thursday. It launched its 84-qubit Ankaa-3 system, a quantum computer featuring an extensive hardware redesign that enables superior performance on Dec. 23 and the stock has been up by 543.33% month-to-date.</li>
</ul>
<ul>
<li>Rezolve AI Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RZLV#NASDAQ">RZLV</a>) was up 10.61% in premarket and it has surged by 109.05% over the last month. The company announced the pricing of its $15 million registered offering last week.</li>
</ul>
Commodities, Gold And Global Equity Markets:
Crude oil futures were higher in the early New York session by 0.46% to hover around $69.94 per barrel.
The gold spot index was down by 0.48% to $2,641.11 per ounce. The Dollar Index was up 0.01% to 108.138 level.
Asian markets were mixed on Friday, as Hong Kong&#8217;s Hang Seng, China&#8217;s CSI 300, and South Korea&#8217;s Kospi index declined. Whereas, Japan&#8217;s Nikkei 225, Australia&#8217;s ASX 200, and India&#8217;s S&amp;P BSE Sensex index rose. Most European markets traded higher.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42678014/top-7-blue-chip-stocks-with-the-best-return-potential-going-into-2025">S&amp;P 500 Hits 57 All-Time Highs In Record-Breaking 2024: Magnificent 7 Drive 30% Of Nasdaq&#8217;s Surge</a></li>
</ul>
Photo courtesy: Wikimedia

Equities

Futures

Economics

Federal Reserve

EVAX

GDYN

GEAR

LAES

RGTI

RZLV

TSX:RSLV

VIRX

US Stocks To Open Lower As Index Future Decline: Analysts Remain Upbeat About Santa Rally

BioNTech Entered $467M Settlement Agreement With University Of Pennsylvania; Will Retain License Rights Under Some Penn Patents

Rodman &amp; Renshaw downgrades Viracta Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIRX#NASDAQ">VIRX</a>) from Buy to Neutral and lowers the price target from $3.5 to $0.25.

Downgrades

Rodman & Renshaw Downgrades Viracta Therapeutics to Neutral, Lowers Price Target to $0.25

Taiwan Semiconductor Manufacturing Co&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) investment in Kaohsiung has been pivotal in driving the city&#8217;s development, the Taipei Times <a target="_blank" href="https://www.taipeitimes.com/News/biz/archives/2024/12/27/2003829174" rel="noreferrer noopener">cites</a> from Kaohsiung Mayor Chen Chi-mai&#8217;s interview on Monday.
The Taiwanese contract chipmaker targets five factories in Kaohsiung, a heavy industrial city.
The first plant will likely start commercializing by 2025 or 2026, six months ahead of schedule, as the company ramps up its production of advanced technology chips in Taiwan.
Also Read: <a target="_blank" href="https://www.benzinga.com/24/12/42644888/biden-administration-targets-chinese-firm-over-taiwan-semiconductor-chip-found-in-huawei-tech" rel="noreferrer noopener">Biden Administration Targets Chinese Firm Over Taiwan Semiconductor Chip Found in Huawei Tech</a>
The chipmaker&#8217;s initiatives have prompted the city government to set up four water recycling plants and ultra-high-voltage substation facilities in the Nanzih Technology Industrial Park to ensure a stable water and power supply.
Chen said that, in addition, Kaohsiung is building a new provincial highway and interchanges connecting Freeway No. 1 to boost Taiwan Semiconductor&#8217;s transportation network.
Chen said that semiconductor companies in Kaohsiung, Tainan, Chiayi County, and Pingtung County will all be nearby, which will help drive industry integration.
The company also remains committed to its geographical diversification efforts to help countries consolidate their semiconductor base.
In December,&nbsp;Taiwan Semiconductor showcased its <a target="_blank" href="https://www.benzinga.com/media/24/12/42514266/taiwan-semiconductor-unveils-20-billion-arizona-chip-fab-apple-named-key-customer" rel="noreferrer noopener">advanced chip fabrication plant</a> debut&nbsp;in Arizona, with Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) as its leading customer.
The project value has surged from $12 billion to $20 billion. The company plans to build two additional fabs on the site by the end of the decade, bringing the total investment to $65 billion.
International Data Corp&nbsp;expects&nbsp;Taiwan Semiconductor&nbsp;to&nbsp;command a 67%&nbsp;share of the global foundry market in 2025 as its&nbsp;AI&nbsp;and crypto technologies gain traction.
Taiwan Semiconductor stock has gained 100% year-to-date.
Investors can gain exposure to semiconductor stocks through the VanEck Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMH#NASDAQ">SMH</a>) and the iShares Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NASDAQ">SOXX</a>).
Price Action: TSM stock traded lower by 0.79% to $204.67 premarket at the last check on Friday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/media/24/12/42631016/taiwan-semiconductor-expands-in-japan-sony-and-denso-among-first-customers" target="_blank" rel="noreferrer noopener">Taiwan Semiconductor Expands in Japan: Sony and Denso Among First Customers</a></li>
</ul>
Image via Shutterstock

Government

Regulations

Emerging Markets

Tech

Media

iShares PHLX SOX Semiconductor Sector Index Fund

SOXX

Taiwan Semiconductor Expands Domestically With 5 New Factories

EVAX: 157% &#x7C; <a href="https://www.benzinga.com//node/42694530">Evaxion shares are trading higher after the company filed an application for a patent for vaccines targeting neisseria gonorrhea.</a>
&nbsp;
AREN: 20% &#x7C; <a href="https://www.benzinga.com//node/42694781">The Arena Group Holdings shares are trading higher after the company's compliance plan was accepted by the NYSE American.</a>
&nbsp;
ONDS: 33% &#x7C; <a href="https://www.benzinga.com//node/42694256">Continued Drone momentum</a>

Movers

AREN

ONDS

Market-Moving News for December 27th

As of Dec. 27, 2024, two stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi">RSI is above 70</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major overbought players in this sector.
<h3 class="wp-block-heading">KULR Technology Group Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KULR#NYSE">KULR</a>)</h3>
<ul>
<li>On Dec. 26, the company announced it invested $21 million in Bitcoin as part of its treasury strategy.. The company's stock surged around 567% over the past month and has a <a href="https://www.benzinga.com/quote/KULR">52-week high of $4.94</a>.</li>
<li>RSI Value: 91&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>KULR Price Action: Shares of KULR Technology jumped 40.4% close at $4.80 on Thursday.</li>
</ul>
<h3 class="wp-block-heading">Boeing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>)</h3>
<ul>
<li>Boeing is reportedly witnessing an increased number of its engineers leaving for space companies. The average tenure of a Boeing engineer has dropped to 12.6 years from 16.4 years over the last decade, the Financial Times reported, citing data from the Society of Professional Engineering Employees in Aerospace, a union representing 12,000 Boeing engineers. As per union data, the tenure is shortening in every age bracket. The company's stock gained around 18% over the past month and <a href="https://www.benzinga.com/quote/BA">has a 52-week high</a> of $264.66.</li>
<li>RSI Value: 75</li>
<li>BA Price Action: Shares of Boeing gained 0.6% to close at $180.38 on Thursday.</li>
</ul>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42697989/dow-edges-higher-in-thin-holiday-trading-fear-declines-among-us-investors-but-fear-greed-index-remains-in-fear-zone">Dow Edges Higher In Thin Holiday Trading As Tesla, Apple Surge: Investor Sentiment Improves, But Greed Index Remains In &#8216;Fear&#8217; Zone</a></li>
</ul>

Short Ideas

KULR

Top 2 Industrials Stocks That May Crash This Month

Legendary Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) co-founder Steve Jobs is credited for his visionary leadership and for revolutionizing entire product categories, ranging from smartphones to tablets and music.
Jobs knew what a MacBook should look like in 1983. While it took the company 25 years to realize Jobs&#8217; vision, Apple stock is now soaring to record highs.
Optimistic Analysts: Analysts at JPMorgan are upbeat about Cupertino's prospects, giving the Apple stock an overweight rating and a price target of $265, implying an upside of over 2%.
"We see upside in several aspects of the business as well as financials that remain underappreciated by investors, namely the transformation of the company to Services, growth in the installed base, technology leadership, and optionality around capital deployment," said JPMorgan analyst Samik Chatterjee <a href="https://www.cnbc.com/2024/12/26/apple-soars-to-a-record-where-jpmorgan-thinks-its-headed-in-2025.html">to</a> CNBC.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Over the past month, Apple stock has gained over 10%, while year-to-date, it is up by over 39%, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
What Jobs Said In 1983: Jobs, well known for not just his leadership but also some great speeches, outlined his vision for a notebook.
"Apple strategy is really simple. What we want to do is we want to put an incredibly great computer in a book that you can carry around with you that you can learn how to use in 20 minutes."
"We don't know how to do that. It's impossible technically. So we had three options. One was to do nothing. The second one was to put a piece of garbage computer in a book. And we can do that, but our competitors are doing that, so we don't need to do that," said Jobs.
"The third option was to design the computer that we want to put into the book eventually, even though we can't put into the book now. And right now it fits into a bread box and it's $10,000 and it's called Lisa."
While Lisa was Jobs' dreamchild, MacBook is what he was ultimately aiming for.
"The next thing we will do is we will find a way put it in a shoebox and sell it for like $2,500 and that will be the next step. And finally we'll find a way to get it in a book and sell it for under $1,000."
Bullish Analysts: The overall analyst sentiment is bullish on the AAPL stock – <a href="https://www.benzinga.com/quote/AAPL/analyst-ratings">Benzinga Pro data</a> shows 30 analysts have a consensus buy rating.
Based on the average price target of $286 between Wedbush, Morgan Stanley, and Needham, there&#8217;s an implied 10.51% upside for AAPL stock.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/quote/AAPL/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="383" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/27052012/AAPL-ratings-1024x383.jpg" alt="" class="wp-image-708932" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/27052012/AAPL-ratings-1024x383.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/27052012/AAPL-ratings-300x112.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/27052012/AAPL-ratings-768x287.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/27052012/AAPL-ratings.jpg 1140w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42682230/tech-bull-predicts-26-upside-for-apple-stock-sees-golden-era-of-growth-for-cupertino-due-to-multi-year-ai-driven-iphone-upgrade-cycle">Tech Bull Predicts 26% Upside For Apple Stock, Sees &#8216;Golden Era Of Growth&#8217; For Cupertino Due To Multi-Year AI-Driven iPhone Upgrade Cycle</a></li>
</ul>
Photo courtesy: Wikimedia

Steve Jobs Knew What MacBook Should Be Like In 1983 — It Took Apple 25 Years To Bring His Vision To Life: With AAPL Stock At Record Highs, Here's What Analysts Say

Cathie Wood, a well-known U.S. technology investor, is calling for clear tax policies from&nbsp;Donald Trump&#8216;s incoming administration.
What Happened: Wood proposes that tax cuts be retroactively applied from Jan. 1, to boost economic growth and provide policy certainty, Reuters reported on Friday.
&#8220;I see them saying, okay, we&#8217;re going to cut taxes but we will make them retroactive to Jan. 1, 2025. That would be very helpful, I think, in terms of providing certainty for the markets,&#8221; Wood said.
&#8220;If they don&#8217;t, you&#8217;re going to get companies and individuals perhaps holding back. &#8230; I&#8217;m trying to communicate that pretty regularly to anyone who will listen.&#8221;
Wood&#8217;s primary fund, ARK Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>), has experienced a 17% increase following Trump&#8217;s electoral win, which is expected to bring about advantageous policy shifts. Stocks such as Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), which are in Wood&#8217;s flagship fund, have already seen notable gains since Nov. 6.
Wood has voiced her support for Trump&#8217;s economic strategies, which include fostering innovation in cryptocurrency and artificial intelligence, streamlining regulations, and reducing government expenses. She stresses the importance of retroactive tax cuts to ensure market stability, cautioning that without them, businesses and individuals may be reluctant to invest.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/24/12/42638957/warren-buffetts-timeless-advice-if-youre-gonna-do-dumb-things-because-your-stock-goes-down-you-shouldnt-own-a-stock-at-all?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Warren Buffett's Timeless Advice For Investing $10,000: &#8216;If You're Gonna Do Dumb Things Because Your Stock At All&#8217;</a>
While Wood typically opposes tariffs, she perceives Trump&#8217;s tariff threats as a strategic negotiation tool. Analysts predict that tax reform will be a focal point for the new Republican-majority Congress, with Trump expected to implement key policies through executive orders after his January 20 inauguration.
Wood, who&nbsp;did not financially back Trump&nbsp;in the 2024 election, maintains communication with&nbsp;Elon Musk&nbsp;and&nbsp;Sen. Cynthia Lummis (R &#8211; Wyo.) both of whom are influential in shaping Trump&#8217;s policies. Despite some market fluctuations, Wood remains hopeful about the ongoing influence of the &#8216;Trump bump&#8217; on innovation-driven industries.
Why It Matters: Wood&nbsp;has <a href="https://www.benzinga.com/markets/equities/24/12/42262916/ark-invests-cathie-wood-says-stock-market-will-broaden-out-under-trump-but-growth-wont-be-linear-nothing-goes-up-in-a-straight-line">previously expressed optimism </a>about the stock market&#8217;s potential under Trump&#8217;s leadership. In early December, she shared her belief that the market was beginning to anticipate a shift, noting a broadening out from a concentration on a few stocks. 
This aligns with Trump&#8217;s own positive <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42466189/trump-talks-stocks-bitcoin-ai-economy-with-jim-cramer-youre-going-to-see-some-very-good-days-ahead">outlook on the economy</a>, as he mentioned during a conversation with CNBC&#8217;s Jim Cramer, predicting &#8220;very good days ahead&#8221; for stocks, Bitcoin, and AI. 
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/24/12/42678673/michael-jordan-sells-his-massive-luxury-mansion-for-9-5-million-but-it-took-12-years-to-find-a-buyer-and-he-spent-50-million-building-it?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Michael Jordan Sells His Massive Luxury Mansion For $9.5 Million – But It Took 12 Years To Find A Buyer And He Spent $50 Million Building It</a></li>
</ul>
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Image via Benzinga YouTube and Unsplash

General

ARKK

COIN

Ark Invest's Cathie Wood Urges Trump's Incoming Administration To Implement Retroactive Tax Cuts For Economic Boost From January 1

Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) <a href="https://www.benzinga.com/money/best-spot-bitcoin-etfs">spot exchange-traded funds</a> (ETFs) experienced a surge of inflows on Dec. 26, marking a reversal from four consecutive days of net outflows.
What Happened: Bitcoin spot ETFs collectively saw a net inflow of $475 million, with Fidelity's (CBOE: FBTC) leading the charge, securing $254 million, according to <a href="https://sosovalue.com/assets/etf/us-btc-spot">data</a>.
Similarly, Ethereum ETFs recorded a total net inflow of $117 million, with Fidelity&#8216;s (CBOE: FETH) ETF receiving $82.9 million and BlackRock&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETHA#NASDAQ">ETHA</a>) ETF recording $28.1 million.
The turn of events followed a tumultuous week of net outflows, marking a renewed interest in these digital assets from investors.
&#8220;As we conclude the year 2024 on a remarkable note in the crypto space, we are pleased to see that this year has been transformative for the industry as a whole,&#8221; said Vishal Sacheendran, Head of Regional Markets at Binance. 
He added that 2024 showed significant growth and institutional interest, further emboldened by the legalization of spot Bitcoin ETFs in the United States, highlighting the industry&#8217;s resilience.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42690488/are-donald-trumps-ambitious-bitcoin-goals-feasible">Are Donald Trump&#8217;s Ambitious Bitcoin Goals Feasible?</a>
Rahul Pagidipati, CEO of ZebPay, emphasized the increasing mainstream adoption of crypto, with Bitcoin's breaking of its previous all time high. 
&#8220;2024 was a year of tremendous growth and crucial milestones for the crypto industry, driven by groundbreaking events, regulatory milestones, and positive market dynamics,&#8221; Pagidipati said.
Arthur Azizov, CEO at B2BINPAY, highlighted Bitcoin&#8217;s dominance for much of the market rally. 
"The fact that Bitcoin reached $100,000 was a major psychological milestone for many, adding another layer of significance to this eventful year,&#8221; Azizov stated, also noting the potential for a shift in dominance towards Ethereum and other altcoins.
What&#8217;s Next: The rebound in ETF inflows, coupled with expert commentary, indicates a positive outlook for the cryptocurrency market as it heads into 2025.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42688545/bitcoin-investors-should-be-optimistic-ahead-of-2025-heres-why">Bitcoin Investors Should Be Optimistic Ahead Of 2025: Here&#8217;s Why</a></li>
</ul>
Image: Shutterstock

$BTC

ETHA

Fidelity Wise Origin Bitcoin Fund Fidelity Wise Origin Bitcoin Fund

FBTC

Fidelity Ethereum Fund Fidelity Ethereum Fund

FETH

Bitcoin, Ethereum ETFs Break 4-Day Outflow Streak, Net $592 Inflows On Thursday

XCHG Says Its Gridlink Has Achieved Certification In The US, Setting New Standards For Safety And Efficiency

Contracts

RDCM

Radcom Entered Into Multi-year, Low Eight-Figures, U.S. Dollars Agreement With Existing North American Customer To Further Develop Advanced Software Features For Its Radcom Ace Solution

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