market

Tencent Releases Dampening Q1 2022 Financial Report, Profits Slump 51% While Revenue Remains Unchanged

Tencent has published its Q1 2022 report showing a significant loss of profit, and its worst since the company went public. Tencent (HKG: 0700) released its Q1 2022 financial report that showed a 50% decline in profit year-on-year (YoY) as well as zero…

Investment market Stock by Jaxson Clark May 17, 2022

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Twitter (TWTR) Stock Gives Up All Gains Accrued since Elon Musk Disclosed 9% Stake in Early April

Twitter stock was trading at $37.39 on Monday, representing a complete reversal of gains acquired after Musk announced minority ownership. Twitter Inc (NYSE: TWTR) stock has shed all of its gains back since Elon Musk disclosed his 9% stake in the company last month. On…

Altcoins Cryptocurrency market by Lee Daniel May 16, 2022

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SAND price analysis: SAND enters devalued region at $1.34 after bearish run

SAND price analysis is bearish today. The strongest resistance is present at $2.7. The strongest support is present at $1.2. SAND price analysis reveals that the cryptocurrency has been following a bearish trend displaying further opportunities for bearish activities, with the price…

Altcoins Cryptocurrency market by Lee Daniel May 15, 2022

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VeChain price analysis: VET gains positive momentum at $0.03

VeChain price analysis is bearish today. The strongest resistance is present at $0.059. The trading price of VeChain is $0.032. The VeChain price analysis shows that the price of VET/USD has followed a strong upwards trend in the last 24 hours. The price has…

Cryptocurrency market Token by Jaxson Clark May 15, 2022

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Crypto Market Rout Pulls the Floor out From Blue-Chip NFTs, Weekly Sales Down 64%

As markets slid in value during the past week, non-fungible token (NFT) floor values have dropped considerably. Blue-chip NFT collections like Bored Ape Yacht Club (BAYC), Cryptopunks, and more have seen their floor values drop between 2-25% in the last 24 hours.…

Bitcoin Cryptocurrency market by Lee Daniel May 14, 2022

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Bitcoin price analysis: BTC sellers slowly regain control, push below $27,500 next?

Bitcoin price analysis is bearish today. BTC/USD saw further downside overnight. $29,500 support broken again. Bitcoin price analysis is bearish today as we have seen another lower high set at $31.000 and another push lower this morning below $29,500. Therefore, BTC/USD is…

Altcoins Cryptocurrency market by Allen Adam May 14, 2022

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Additional Curve Pool Deployed By Lido To Improve Liquidity Around Bonded ETH Peg

On Friday, the worth secured in decentralized finance (defi) conventions dropped to a low of $110.35 billion after more than $200 billion all out esteem locked (TVL) eight days prior on May 5. One explicit defi convention called Lido, a fluid marking…

Cryptocurrency Defi market by Lee Daniel May 13, 2022

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Crypto Market Onslaught Stretches to DeFi as TVL Slumps to $114bn

With a broad-based caution being exercised by investors regarding risk assets, there have been a massive outflow of funds from Decentralized Finance (DeFi) protocols as many investors anticipate calm to re-engulf the ecosystem. The DeFi world is not spared from the current…

Investment market Stock by Cawrey John May 13, 2022

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Robinhood (HOOD) Stock Jumps 25% after CEO of FTX Buys 7.6% Stake

FTX CEO said that shares of Robinhood present an attractive investment opportunity. However, HOOD stock has been on a major decline over the last few months. On Thursday, May 12, Sam Bankman-Fried, CEO of crypto exchange FTX, announced buying a 7.6% stake in…

Investment market Stock by Jaxson Clark May 12, 2022

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Panasonic Shares Down 1% after Forecasting Bearish Operating Profits for Current FY

In a bid to reposition its business for the long term, Panasonic plans to take its supply chain software business public. The shares of Japanese multinational conglomerate company Panasonic Holdings Corp (TYO: 6752) were down in Tokyo at the time of writing as…

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