Market Analysis news

Flow FLOW/USD, Decentraland MANA/USD, and Render Token RNDR/USD are some of the best non-fungible token (NFT) platform tokens that you can get in Q2, 2022. Flow as an ecosystem announced a major update to…

Beefy.Finance BIFI/USD, Maker MKR/USD, and Liquity LQTY/USD are tokens with huge potential for growth. Beefy Finance added vaults and stablecoin liquidity pools. Specifically, it introduced a quad-stablecoin liquidity pool composed of USDD/BUSD/USDT/USDC,…

Arweave AR/USD, Cosmos ATOM/USD, NEM XEM/USD, and Solana SOL/USD are all solid cryptocurrencies that have showcased signs of tremendous recovery in the crypto market. On May 13, 2022, RareCandy3D announced that Arweave had invested…

Polygon MATIC/USD is a Layer-2 scaling solution, also known as a sidechain, that was specifically developed to provide faster transactions with lower costs for its users. Polygon also has its own native cryptocurrency token known as MATIC, which is used as a means for the payment…

Wall Street’s three main indexes advanced on Friday after Federal Reserve Chair Jerome Powell said that a 75 basis point increase is not being “actively” considered. Federal Reserve Chairman Jerome Powell also said that Fed would be flexible to changing conditions, and if monthly readings on inflation provide compelling evidence…

Fiverr International Ltd. (NYSE: FVRR) reported solid first-quarter results this Wednesday, and the company’s management updated financial guidance for the 2022 fiscal year. Fiverr finished the fourth quarter with 4.2 million active buyers, which represents an increase of 11% year over year. Spending per buyer reached $251 Fiverr International…

Germany’s DAX index advanced on Friday and closed the week above 14,000 points even as investors digested rising inflation as well as a decline in euro area industrial production. According to the Federal Statistical Office, the consumer price index in Germany rose 7.4% in April (year-over-year), and the inflation…

HIVE /USD has collapsed from $0.99 to $0.35 since May 05, 2022, and the current price stands at $0.49. According to technical analysis, the risk of further decline is still not over, but the current price could be a good entry point for long-term investors. Hive is a constantly…

Near Protocol NEAR/USD is a layer-1 blockchain that powers decentralized applications (dApps). However, it differentiates itself by utilizing what is known as Nightshade, which is a unique sharding technology. The network was launched in 2020 and offers cross-chain interoperability through the Rainbow Bridge, as well as…

PancakeSwap CAKE/USD is a decentralized exchange (DEX) that is known as an automated market maker (AMM). What this essentially means is that it features no order books, no bid or ask the system, and no limit or market orders. All users need to do is trade…

ApeCoin APE/USD has weakened from $27.62  to $5.16 since April 28, 2022, and the current price stands at $8.54. The risk of further decline still persists, and if you decide to buy this cryptocurrency in the upcoming days, you should use a “stop-loss” order because the risk remains high.

Bitcoin BTC/USD is by far one of the largest cryptocurrencies in terms of market capitalization. Many cryptocurrencies have been inspired by it, and some are even utilizing it for various use-cases. However, this cryptocurrency decreased in value to under $27k, which has spooked investors. Bitcoin’s fall from its long-term…

Zcash ZEC/USD is a fork of Bitcoin BTC/USD, which was developed to introduce a higher level of privacy and anonymity to the crypto space. Zcash verifies ownership of coins and transactions through anonymous means and provides a heightened level of security across all of its users. Its native cryptocurrency,…

Elrond EGLD/USD has collapsed from $214.81 to $85.01 since March 28, 2022, and the current price stands at $87. Technically looking, EGLD remains in a bear market, but the current price could be a good entry point for long-term investors. Elrond brings a significant improvement compared to other blockchains…

Terra LUNA/USD is a decentralized finance blockchain that aims to build a powerful global payments network.  It was specifically developed to disrupt the traditional banking system through the mass adoption of stablecoin cryptocurrencies alongside decentralized finance (DeFi) infrastructure.  One of the main stablecoins that has gathered…

Flow FLOW/USD is a layer-2 blockchain network specifically created to power applications that deal with non-fungible tokens (NFTs). These include games, apps, and all other digital assets. It was created by Dapper Labs as a means of supporting a high level of transactions per second (TPS)…

Elrond EGLD/USD, Maker MKR/USD, and FTX Token FTT/USD are all solid tokens that have seen recent increases in their value, even despite the broader market dip. This makes them solid tokens to buy throughout this dip, and we…

Polygon MATIC/USD is a Layer-2 scaling solution that runs alongside the Ethereum blockchain network. It was specifically designed to enable speedy transactions as well as low fees.  MATIC is the native cryptocurrency token that is used to power the network. The Instagram addition of NFTs as…

Cardano ADA/USD, Solana SOL/USD, and Terra LUNA/USD are some of the quickest-growing cryptocurrencies of the past few years. As such, they have been a huge point of appeal in the minds of many investors who buy…

XRP XRP/USD is a cryptocurrency that allows users to send money at a low cost and, as such, has attracted the interest of both retail customers and banks. XRP is a cryptocurrency that runs on the XRP ledger, which is a blockchain network aimed at providing…

Wall Street’s three main indexes weakened last week even though the U.S. job market confirmed that the economy is on solid footing, but the prospect of more Fed rate hikes continues to keep investors in a negative mood. The U.S. released the Nonfarm Payrolls report on Friday, which showed that…

Arista Networks, Inc. (NYSE: ANET) posted first-quarter results that topped expectations, and Jim Suva, an analyst from Citigroup, assigned a buy rating on Arista shares. Citigroup has a positive view of Arista Networks Arista Networks reported better than expected first-quarter results on Monday; total revenue has increased by 31.4%…