Cryptocurrency
Bitcoin's Trump-driven rally stalls as it falls below $93,000
2024-11-26
Bitcoin, the leading cryptocurrency, has been on a wild ride. After surging past $98,000 last week, it saw a significant reversal on Tuesday afternoon. The price fell back to $91,000 as the market digested the impact of Donald Trump's election win. This setback has temporarily dashed hopes of Bitcoin hitting the $100,000 mark this week. (Photo: Chesnot (Getty Images))

Bitcoin's Impact on Other Digital Assets

When Bitcoin sinks, other popular digital assets tend to follow suit. Over the last day, Ethereum, the second-largest coin by market capitalization, was down 5%, to $3,300. Solana fell more than 9%, and Elon Musk's preferred Dogecoin shed almost 12% in value. This shows how interconnected the crypto market is and how Bitcoin's movements can ripple through the entire ecosystem.The wider crypto market has also taken a hit, sinking 6.25% in the past day for a $3.16 trillion market cap. Bitcoin has driven much of that, alone having a market value of about $1.8 trillion. It makes Bitcoin the world's eighth-largest asset, pulling ahead of silver with a $1.7 trillion market cap. However, it still falls well short of gold, which is valued at $17 trillion.

Bitcoin's Rally and ETFs Options

Bitcoin has been on a remarkable rally since Trump, who positioned himself as the "crypto candidate," won a second term in the White House earlier this month. It has gained almost 35% in value since the election. This ascent was accelerated by the debut of Bitcoin ETFs (exchange-traded funds) options last week. These options have bridged the gap between the decentralized world of digital assets and traditional finance. They offer institutional investors a more familiar and regulated way to access Bitcoin, driving further adoption and liquidity in the market.

Volatility and the $100,000 Milestone

Despite broader acceptance by more traditional investors, the crypto market remains volatile. It can rise rapidly but retreat just as quickly. This may explain why Bitcoin has shied away from the long-awaited $100,000 milestone after getting so close last week. The market is still uncertain and prone to sudden shifts in sentiment. Investors need to be cautious and understand the risks associated with investing in cryptocurrencies.Bitcoin's journey is a testament to the volatility and potential of the digital asset market. While it has shown remarkable growth, it also faces significant challenges and uncertainties. As the market continues to evolve, it will be interesting to see how Bitcoin and other cryptocurrencies fare in the future.
The Ultimate Guide to the Best Duffle Coats of 2024
2024-11-26
We earn a commission for products purchased through some links in this article. Dive into the world of duffle coats and find the perfect one for you.

Uncover the Ultimate Duffle Coat Collection

Best Bold Duffle Coat

On the autumn/winter 2024 catwalk, Joseph Altuzarra presented a sunny yellow duffle coat that truly stands out. Its herringbone wool fabric, patch pockets, and classic toggle buttons combine to create a bold and mood-boosting outerwear option. This coat isn't just about making a statement; it also offers the timeless charm of classic touches. It's a must-have for those who want to add a touch of excitement to their winter wardrobe.Another great option is the Altuzarra Wool Coat. With its high-quality materials and attention to detail, it exudes elegance and style. Whether you're heading out for a casual day or a special occasion, this coat is sure to turn heads.

Best Cosy Duffle

For those who love the furry look of shearling but don't want to break the bank, Zara's faux-fur toggle coat is a fantastic choice. Priced under £100, it offers the cozy oversize silhouette that is perfect for adding a dressy touch to casual looks. The faux-fur gives it that luxurious feel without the hefty price tag.It's a great alternative for those who want to enjoy the warmth and comfort of shearling without the cost. This coat is not only practical but also adds a touch of style to any outfit.

Best Military Duffle

The Khaite Melbo Coat is a particularly appealing option for those who like to combine the practical with the stylish. With its dramatically tall collar and leather accents, it adds an edge to any look. The military influences give it a unique character, while the tailored silhouette makes it a timeless buy.This coat is not only functional but also a fashion statement. It can be dressed up or down depending on the occasion, making it a versatile addition to your wardrobe.

Best Printed Duffle

Uniqlo's ongoing collaboration with British designer Jonathan Anderson has produced some truly remarkable pieces. This duffle coat is no exception. With colour-contrasting patches, it adds a modern flair to the enduring details of a duffle coat.It's a great way to incorporate a playful twist into your winter wardrobe. The prints are eye-catching and add a unique touch to any outfit.

Best Camel Duffle

During the winter sales, this wool camel coat from Maison Margiela is an excellent find. It comes with chunky toggles, statement pockets, and poncho-inspired sleeves, making it a standout piece.The camel colour is both classic and versatile, making it easy to pair with different outfits. Whether you're going for a casual or dressed-up look, this coat is sure to add a touch of sophistication.

Best Short Duffle

Winter's chilly temps bring wide fluctuations in weather. When you don't need a floor-length coat, Massimo Dutti's short coat with toggles is the perfect choice. It strikes the perfect balance between classic and cool.You can style it with relaxed jeans for a laid-back look or swap in a silk skirt for a more dressy ensemble. It's a versatile piece that can be dressed up or down depending on the occasion.

Best Cream Duffle

Burberry's wool cashmere duffle coat is a timeless piece that is sure to make it to your Christmas wish-list. With its signature check-print interior, all-weather hood, and toggle buttons, it offers both style and functionality.This coat is made from high-quality materials and is built to last. It's a classic that will never go out of style and is perfect for those who want a luxurious winter coat.

Best Double-Breasted Duffle

Cos' hooded wool duffle coat is a slightly more refined take on the traditional duffle coat. With its double-breasted long silhouette, it resembles a typical trench coat.For the minimalist, this coat allows you to tap into the trend on your own terms. Pair it with a floaty white dress for a stark contrast in texture and colour, and you'll have a look that is both stylish and unique.

Best Statement Toggles

Try something a bit off the beaten path with the Sofie D’Hoore Black Castle Coat. Its unique rope toggle details and ultra-slouchy shape set it apart from other duffle coats. It's meant for the fashion girl who loves to add special pieces to her wardrobe.These statement toggles add a touch of personality to the coat and make it a standout piece. It's a great way to show off your individuality.

Best Shearling Duffle

Treat yourself to Totême's leather-trimmed jacket and stay cozy all winter long. The shearling gives it a warm and luxurious feel, while the contrasting leather details and metal hardware add a touch of dressiness.It's a perfect choice for those cold winter days when you need an extra layer of warmth. The combination of materials makes this jacket both comfortable and stylish.

Best Capsule Duffle

Róhe's toggle jacket is a sleek and elegant option that you'll turn to for seasons to come. Made from 100% wool, it offers both warmth and style.Pair it with jeans or tailored trousers and ballet flats for a chic weekend look. It's a versatile piece that can be dressed up or down depending on the occasion.

Best Cape-Inspired

Go ahead and indulge in a bit of flair this winter with Ganni's midi duffle coat. The cape-effect adds a touch of extra drama to your seasonal dressing.It's a great way to add some excitement to your wardrobe and stand out from the crowd. Whether you're going to work or out for a night on the town, this coat is sure to make a statement.
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News Analysis: Future of Cardano (ADA) - 2025 to 2030
2024-11-28
Cardano (ADA) has been making waves in the cryptocurrency world. With a remarkable nearly triple in value over the past month, it has outshone Bitcoin and Dogecoin. Currently, it holds the ninth-largest position in the cryptocurrency market with a market capitalization exceeding $34.7 billion.

What is Cardano?

After Bitcoin and Ethereum, Cardano stands out among blockchain novices. It is designed to address the limitations of earlier blockchain technologies. Built on an open-source blockchain platform, it uses a proof-of-stake consensus mechanism and a layered architecture. The project is backed by Input Output Global, the Cardano Foundation, and Emurgo. The ADA token serves multiple purposes such as transaction fees, staking, governance, smart contracts, and decentralized applications.

Why is Cardano Rallying?

Although Cardano's rally was relatively subdued after Donald Trump's victory, it has recently surged. This can be attributed to its founder, Charles Hoskinson. He has been actively involved in shaping US cryptocurrency policy. In a video posted on X (formerly Twitter), he stated, "I'm going to be spending quite a bit of time working with lawmakers in Washington DC and quite a bit of time with members of the administration to help foster and facilitate crypto policy alongside other key leaders in the industry." He also emphasized the importance of passing policies through legislation rather than relying on executive orders. President-elect Trump has positioned himself as crypto-friendly, and many of his top aides are crypto proponents. Additionally, Cardano's recent listing on Robinhood has given it a boost.

Another Record Value?

Despite the recent rally, Cardano's price remains below its 2021 peak of over $2.80. While Bitcoin has regained momentum, many altcoins, including Cardano, are still struggling to reach their all-time highs. The cryptocurrency market is highly volatile, and various factors influence prices.

Cardano (ADA) Price Prediction

Market analysts have different views on ADA's price. CoinJournal suggests it could climb to $2 in the coming weeks if the current momentum continues. CoinCodex predicts the price will range between $0.98 and $1.10 by early December 2024. Coin Edition is more optimistic, projecting it could reach $9.41 by 2029 and $12.54 by 2030. Techopedia offers a more cautious outlook, predicting $6 by 2030, considering potential regulatory challenges. Changelly provides a broader average price forecast for the coming years.

Cardano: Frequently Asked Questions (FAQs)

Can Cardano reach $100? Currently trading around $1 with an all-time high of over $2.80 in 2021, a $100 price target in the near future is unlikely.Can Cardano reach $10? It could reach $10 over the next few years or by 2030 if it maintains its momentum and benefits from favorable crypto policies.Is Cardano for the masses? The Cardano blockchain is open-source and aims to address the challenges of Bitcoin and Ethereum. It offers better scalability and interoperability, supporting smart contracts and decentralized applications.
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