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Investing veteran Tom Lee believes the US stock market will see greater heights next year propelled by a number of tailwinds. In a new CNBC interview, the Fundstrat co-founder and managing partner says the current macroeconomic backdrop will sustain stock market rallies next year. Lee also says he sees investors waiting on the wings to start piling into the S&P 500 in 2025. “I think there [are] a lot more tailwinds building for markets in 2025 than have existed in 2024 mainly because now we’re not worrying about the Fed worrying about inflation and bringing a halt to the economy. We have an election that’s behind us, and now we have a lot of cash on the sidelines and I think companies finally having more courage – what we call animal spirits – and a willingness to start to do mergers and other things like capital markets that help stocks next year.” In October, Lee said that $6 trillion worth of capital that’s been sitting on the sidelines could fuel further stock market surges. He also noted that recession fears have kept many investors from diving into the equity market. “It feels like investors are under-invested in stocks. I think there’s people who’ve dreaded 2024 thinking this is the year we slip into a recession, and instead, and we’re seeing it with earnings, companies have been really resilient.” As of Friday’s close, the S&P 500 traded at 5,970 points. Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post More Tailwinds Building To Boost Stock Market Next Year, According to Fundstrat’s Tom Lee appeared first on The Daily Hodl .
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IRS Issues Temporary Relief for Bitcoin Holders on CEFI Platforms Through 2025
COINOTAG News reported on January 1st that the Internal Revenue Service (IRS) of the United States has unveiled a temporary relief initiative designed to aid cryptocurrency holders utilizing centralized finance The Daily Hodl
DOGE Predictions Echo Past Trends, SHIB Hints at Surge, & BlockDAG’s X1 Miner Surpasses 300K Users
As we approach 2025, the cryptocurrency market is closely watching trends such as Dogecoin prediction, Shiba Inu price target, and BlockDAG’s significant mining achievements. Crypto analysts are recognizing Shiba Inu’s potential ascent, driven by new features such as Shibarium and ShibaSwap. Dogecoin advocates, meanwhile, are citing historical trends, predicting a potential increase to $18 should patterns from 2017 and 2021 recur. BlockDAG (BDAG) is capturing robust interest as the BDAG X1 app exceeds 300,000 active users and its ecosystem grows. Its leading miners, the X1 and X10, are boosting presale figures, confirming BlockDAG’s X Series as one of the best crypto miners available. Shiba Inu Price Target Predict Surge The 2025 Shiba Inu price target is rife with speculation, with some analysts predicting as much as a 1,000% increase. Currently valued at $0.00002168, SHIB remains under its October 2021 high of $0.00008616. Yet, new advancements could lead to notable rises. The forthcoming Shibarium aims to speed up transactions and cut costs, enhancing daily usability. ShibaSwap is also expanding its network utility. Though forecasts differ, some suggest SHIB might reach $0.0002913 if it gains broader adoption and if market conditions are favorable. The committed “Shiba Army” continues to support the token’s robustness, pushing towards the high price target. Why is Dogecoin Prediction Showing Similar Past Trends? The Dogecoin forecast for 2025 is attracting attention as current trends resemble past cycles. Crypto analyst @krisspax noted, “The Dogecoin 4-year pattern is unfolding this cycle… Next up, parabolic growth. Are you ready for $DOGE?” Dogecoin is echoing its past, with 2017 and 2021 trends indicating potential explosive rallies. A recent TD Sequential indicator has sparked further optimism. Analysts believe DOGE could see a rally of up to 5,000%, possibly hitting $18 if it mirrors its historical performance. This Dogecoin prediction emphasizes the currency’s lasting appeal and its capacity for significant growth. As historical data suggests, DOGE is a top choice for those expecting the next market upswing. BlockDAG’s BDAG X1 App Hits Over 300K Active Users BlockDAG’s X Series has been recognized as the best crypto miner as it continues to attract attention, with the BDAG X1 app exceeding 300,000 active users. This achievement highlights the rapid adoption of the platform and the growth of its ecosystem. BlockDAG’s presale has been particularly successful, generating over $174 million and distributing more than 17.6 billion coins at $0.0234 each in this phase. Early participants have achieved a 2,240% ROI, showcasing the project’s high potential. Devices like the X10, X30, and X100 miners, favorites within the community, have been pivotal to this success, with 15,127 units sold, bringing in $6.1 million. These miners utilize keccak-256 technology, enhancing security and decentralization while ensuring scalability. BlockDAG also provides ‘Block rewards,’ which decrease over time, offering ongoing incentives for community participation. A recent AMA session revealed plans for a 2025 mainnet launch, placing BlockDAG among the top crypto presales available. The AMA underscored that custom miners, produced in collaboration with leading manufacturers, will be shipped before the mainnet launch in 2025, offering early mining opportunities to users. BlockDAG’s emphasis on accessibility, cutting-edge technology, and long-term profitability makes it a key player in the blockchain industry. Its expanding ecosystem and community-centric strategy set it up for future success, making it an appealing choice for those eager to tap into the next wave of blockchain development. BlockDAG is poised for a major launch and ongoing expansion. The Bottom Line As we head towards 2025, the excitement builds with Dogecoin prediction signaling a potential historic rally, and the Shiba Inu price target suggesting substantial growth as advancements in the ecosystem could foster widespread adoption. Meanwhile, BlockDAG is reshaping the domain of crypto mining. BlockDAG’s remarkable growth, marked by the BDAG X1 app’s 300,000 active users and a robust crypto presale , positions it at the forefront of the industry. With custom miners and a strategy focused on community engagement, BlockDAG stands out as a top choice for miners looking to seize significant opportunities in the evolving cryptocurrency market. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu The post DOGE Predictions Echo Past Trends, SHIB Hints at Surge, & BlockDAG’s X1 Miner Surpasses 300K Users appeared first on TheCoinrise.com . The Daily Hodl
