Zcash News: Privacy Cryptocurrency Gains Momentum in Crypto Market

The post Cardano rallies from $0.40 support as Midnight Network launches: More gains? appeared on BitcoinEthereumNews.com. Cardano saw the launch of the Midnight Network on the 8th of December. This zero-knowledge, privacy-focused sidechain uses the Hydra scaling solution to achieve 100,000 tps in testnet conditions. It could lead to increased demand for the ADA token and also drive network adoption. ADA begins to climb, slow but steady Source: ADA/USDT on TradingView On the 1-day timeframe, the structure was broken bullishly after a daily session close above $0.439. This level had been the previous lower high. The $0.4 area, highlighted by the cyan box, represented a demand zone that triggered the structural break. It had been retested as support over the weekend and saw a bullish reaction. Since Sunday’s low at $0.405, Cardano has rallied 4.9% in under 24 hours, at the time of writing. The A/D indicator has begun to trend higher over the past two weeks, showing that demand was slowly increasing. The MACD also indicated weakening bearish momentum. Source: ADA/USDT on TradingView The 1-hour chart also leaned bullishly. Like the daily timeframe, a bullish structure break occurred in recent hours, from a demand zone at the $0.41 area. It has been retested as well, and the imbalance (white box) was being challenged. The A/D indicator showed buying pressure was noticeable but not overwhelming over the past two days. The MACD also hinted at bullish momentum, but recent volatility has dampened its readings. The bearish Cardano case Since the daily and hourly timeframes were bullish, the bearish case was the less likely outcome over the coming week and month. However, it still needs to be addressed to prepare traders for a potential downturn. A drop below $0.406 and $0.385 would be needed for swing traders to begin considering flipping their bias bearishly. A drop below the local low at $0.37 would represent a bearish structure…

The post Ethereum Price Holds Strong Above $3,100, Eyes Move Toward $3,700 appeared on BitcoinEthereumNews.com. Key Insights: Ethereum maintains stability above $3,100 with potential for gains toward $3,700. Whale activity helps support ETH price stability, with large positions influencing market movements. ETF outflows signal a shift in sentiment, as Ethereum’s momentum remains strong in the market. ETH Price Holds Above $3,100 with Potential Price Push Toward $3,700 Level Ethereum has managed to maintain its position above the $3,100 level, showing steady performance in recent days. As of the latest update, ETH is priced at $3,160, reflecting a 3.87% increase over the past 24 hours. This strong price action suggests a potential for further upward movement, with traders keeping an eye on key resistance levels that could trigger gains toward the $3,700 zone.  Whale Activity Supports ETH Price Stability A significant factor behind Ethereum’s current price stability is the involvement of large investors, often referred to as “whales.” Analyst Ted pointed out that some whales have recently opened long positions in Ethereum. This activity has helped keep ETH’s price above critical levels, as large trades can have a substantial impact on the market. Despite the strong buying from major investors, Ethereum’s price faces resistance between $3,300 and $3,400. If the cryptocurrency fails to break through this zone, there could be a retracement, bringing the price back to the $3,000 range. Investors are monitoring whether Ethereum can surpass this resistance to drive the price higher. Looking forward, Ethereum faces crucial price levels that could determine its next move. If the price moves above the key resistance zone, it could pave the way for a move toward $3,700 or even $3,800. Ethereum ETF Outflows Create Market Tension Meanwhile, Ethereum exchange-traded funds (ETFs) have seen substantial outflows, which could signal a shift in investor sentiment. According to a recent report from Ted indicated that $65.4 million was withdrawn from…

The post Machine learning models predict Palantir stock price for 2026 appeared on BitcoinEthereumNews.com. Palantir (NASDAQ: PLTR) remains one of the most closely followed artificial intelligence stocks heading into 2026 as investor focus turns to the company’s commercial expansion and rising enterprise AI demand. With the stock already delivering triple-digit gains this year, the key question now is what the Palantir stock price prediction looks like for early next year. Palantir closed trading on Monday, December 8 at $181.72, up 141.73%year to date, although the price remains below the October peak above $207. The rally since mid 2023 has come as the company continues to strengthen its position across both government and commercial sectors. AI driven forecast sees modest upside for PLTR into January Finbold examined its custom AI machine learning agent that uses three leading large language models to estimate Palantir’s performance over the next 30 days. The average prediction from ChatGPT, Gemini and Claude for January 8, 2026 is $188.65, which indicates a 3.68% rise from current levels. Claude Sonnet 4 provided the most bullish outlook at $195.50, pointing to a possible 7.59% gain, while GPT-4o returned a more cautious $185.20 target, suggesting a 1.92% move higher. Each model reflects improving technical conditions following a brief pullback in November. Palantir AI stock price forecast. Source: Finbold Analysts remain significantly more optimistic than the models While short term algorithms see limited upside, the latest Wall Street PLTR stock price target continues to take a longer view. Wedbush Securities recently reiterated its Outperform rating and maintained a $230 price target for Palantir shares, noting ongoing strength in demand for Palantir’s Foundry and Gotham platforms. The firm has argued that Palantir continues to benefit from expanding AI deployment across industries and remains well placed for further growth as adoption deepens in 2026. At press time, Palantir stock was trading at $181.72. Investors will now be watching to…