Market Analysis news

FuelCell Energy (NASDAQ: FCEL) shares remain under pressure after the company reported worse-than-expected second-quarter results. Second-quarter revenues reached roughly half of analyst expectations, while the net loss for the same period totaled $30.1 million. Second-quarter revenues missed expectations FuelCell Energy is one of the biggest publicly traded fuel-cell manufacturers…

Helium HNT/USD, Fantom FTM/USD, and Quant QNT/USD are some of the best cryptocurrencies you can buy during the dip. On June 14, 2022, we saw Joey Hiller, the Technical Director at the Helium Foundation,…

Cardano ADA/USD is a blockchain platform that serves the role of being a decentralized application (dApp) platform where developers can utilize its multi-asset ledger and verifiable smart contract to achieve specific goals. Cardano has a native cryptocurrency known as ADA that can be used to store…

Kusama KSM/USD, Basic Attention BAT/USD, and Polkadot DOT/USD are some of the best cryptocurrencies that you can get this week, starting on June 13, 2022. Last month, on May 30, Kusama announced the release…

The Sandbox SAND/USD is a popular metaverse that is developed on top of the Ethereum ETH/USD blockchain and aims to enable users the opportunity to explore, buy land and create structures out of which they can monetize. SAND is the native cryptocurrency…

Salesforce.com, inc. (NYSE: CRM) shares have weakened from $256.70 to $154.55 since the beginning of January 2022, and the current price stands at $178.45. Investment firm Wedbush has a positive view of the shares of this company, and it reported that Salesforce’s outlook looks relatively healthy despite fears of…

I’m nostalgic for the days when markets used to depend on Jerome Powell’s every word. To be honest, I’m nostalgic for green market days. Maybe I’ll be sitting on the couch in forty years, spinning tales to my grandkids about days when share prices used to go up. Then again,…

IOTA MIOTA/USD is an open-source, scalable, and distributed ledger created specifically to enable the seamless transfer of data between machines and humans. IOTA features feeless transactions, tamper-proof data, and low resource demands, and its network has been used to power the Internet of Things (IoT) without heavy infrastructure investment…

VeChain VET/USD is a cryptocurrency network designed to enhance the process of supply chain management and streamline its complexity through the usage of blockchain technology. The public blockchain network behind this project is known as the VeChainThor blockchain, which runs two tokens, including the VeChain…

They say Helen of Troy is the face that launched a thousand ships. Well, the question “have we bottomed yet?” has launched a thousand articles. Or it feels that way, at least. Sometimes humans have a habit of overcomplicating things, so let’s try to strip this down to the basics…

Flow FLOW/USD, The Sandbox SAND/USD, and Gala GALA/USD are some of the best NFT platform tokens that you can get on June 9. On June 4, Two events and contests were ongoing in The…

Ethereum ETH/USD is one of the largest cryptocurrency networks and blockchain platforms that has gathered a reputation due to the fact that it was one of the first to implement smart contracts. This ultimately paved the way for decentralized finance (DeFi), decentralized applications (dApps) as well…

Cardano ADA/USD is a blockchain platform that fills the role of being a development platform that powers decentralized applications (dApps) and non-fungible tokens (NFTs) and plays a major role in decentralized finance (DeFi).  It features a multi-asset ledger and enables verifiable smart contracts.  The ADA cryptocurrency…

Chainlink LINK/USD is a decentralized blockchain platform that enables smart contracts to access real-world data, such as data feeds, APIs, and even banking systems. This is done through the usage of Oracles, which find, verify and submit the real-world information within the blockchain-based smart contracts. The…

Dogecoin DOGE/USD and Shiba Inu SHIB/USD are meme-coins originally created as a joke or to make fun of the serious tone found within the crypto space.  Due to the success seen from the Dogecoin cryptocurrency, we saw other meme-coins such as Shiba Inu get created as a direct…

Illuvium ILV/USD is a blockchain game that features a play-to-earn (P2E) structure where users can essentially earn in-game rewards in ILV tokens through engaging in the various activities of the game.  The token is used to reward players for their in-game achievements, entitles them to a…

Ethereum ETH/USD is one of the largest cryptocurrencies in terms of both market capitalization as well as its utility within decentralized finance (DeFi). In fact, it sits at number 2 of the top 10 cryptocurrencies, right under the Bitcoin BTC/USD cryptocurrency. Throughout the past few years,…

Solana SOL/USD is a blockchain platform that made a reputation for itself due to its high speed as well as efficiency. The SOL token is the native cryptocurrency used to pay for the transaction fees on top of the network, and ever since the launch of…

Wall Street’s three main indexes weakened last week even though the U.S. job market confirmed that the economy is on solid footing as the country reported that nonfarm payrolls rose more than expected in May. The U.S. released the Nonfarm Payrolls report on Friday, which showed that the country added…

Germany’s DAX index weakened on Friday as data showed a loss of momentum in private business conditions in the eurozone. The S&P Global Eurozone PMI Composite Output Index fell to a four-month low of 54.8 in May, and according to S&P Global Market Intelligence Chief Business Economist Chris Williamson,…

Asana, Inc (NYSE: ASAN) shares have weakened more than 5% after the company reported its first-quarter results that failed to impress analysts who raised concerns over its margin profile and continued cash burn. JP Morgan lowered its price target on Asana shares Asana is a web and mobile work…

Harmony ONE/USD has weakened from $0.37 to $0.034 since January 14, 2022, and the current price stands at $0.041. Kart Racing League partnered with Harmony Harmony is the open blockchain that runs Ethereum applications with 2-second transaction finality and extremely low fees. Harmony collaborates with Ethereum rather than competing…

The New York Senate approved a bill that would ban crypto mining in the state following an early vote. The bill is now headed to Governor Kathy Hochul, who can veto the bill and sign it into law. If this happens, New York will become the…

FTX FTT/USD is a cryptocurrency derivatives exchange that supports the most commonly traded cryptocurrencies.  The exchange offers leveraged tokens, futures, options, spot markets, and a lot more. FTT is the native cryptocurrency token of the exchange that is used as collateral for future positions and for…

KAVA/USD has advanced from $1.32 above $3 since 12th May, and the current price stands at $2.67. According to the latest news, Sushi will deploy on the Kava Network, and Scott Stuart, CEO of Kava Labs, said that a partnership with Sushi would create a new suite of DeFi…