Category Archive: Cryptocurrency, No picture
Crypto influencers become ‘Pokémon cards’ on Blast game
Influencers from the crypto community on X were turned into a trading card game by the Blast-based game Fantasy.top. In the past four days, the cards related to these influencers reached 9,518 Ether (ETH) in trading volume, according to a Flipside dashboard created by user Hildobby.The cards’ power level is defined by how regularly the […]
Curaleaf Reports 16% Reduction In Net Loss In Q1 Financial Report
Image Source: Unsplash Curaleaf Holdings, Inc. (CURA) (CURLF) has reported its financial and operating results for the first quarter (Q1) ended March 31, 2024, as follows. All financial information is provided in U.S. dollars unless otherwise indicated and compared with the previous quarter. Q1 Financial Highlights Total Revenue: DOWN 1.9% to $338.9M Gross Profit: UP 3.0% to $160.9M […]
S&P 500 & Nasdaq 100 Elliott Wave Update
Image Source: Unsplash Follow through to the upside was the ticket for Thursday. Although stronger in the ES than the NQ both managed to finish with some strength. I update the labeling and adjust Fibonacci levels. At the moment I feel the ES has stronger upside potential from current levels to complete the minute 3rd wave, […]
Stocks Rally As The Dollar Falls On Weak Jobless Claims
Image Source: Unsplash Stocks rallied on May 9 as the dollar weakened on disappointing jobless claims data.Video Length: 00:06:42More By This Author:Indicators Are Suggesting A Stock Market Reversal May Be Coming The S&P 500 Comes To The Critical 5,200 Level Stocks, Rates, And The Dollar Rise On May 6, 2024
Avalanche grants $1 million for meme coin and NFT marketplace Salvor
Peer-to-peer NFT and meme coin lending protocol Salvor received $1 million in AVAX from the Avalanche Foundation to expand its services on the Avalanche C-Chain. This move is part of the Avalanche Rush Program, designed to accelerate the growth of decentralized finance (DeFi) on the platform. Salvor has a dynamic lending system that allows users […]
Russell 2000 Earnings Dashboard 24Q1 – Thursday, May 9
Image Source: Pexels Russell 2000 Aggregate Estimates and Revisions The 24Q1 Y/Y blended earnings growth estimate is 0.7%. If the energy sector is excluded, the growth rate for the index is 14.8%. Of the 1,287 companies in the Russell 2000 that have reported earnings to date for 24Q1, 60.8% reported above analyst expectations. The 24Q1 Y/Y blended revenue growth estimate is -1.0%. If the energy sector is excluded, the growth rate for […]
PARA Stock Price Forecast: What If Paramount Is Not Acquired?
Image Source: Pexels Paramount Global (Nasdaq: PARA) stock price has been in the spotlight this month as investors focused on its acquisition. It has already surged by almost 30% from its lowest level in March, outperforming other media companies like Warner Bros. Discovery and CuriosityStream. Paramount Global acquisition I have covered Paramount Global several times in […]
Ripple, XRPL Labs join Algorand Foundation as founding members of Decentralized Recovery Alliance
Ripple and XRPL Labs have become founding members of the Decentralized Recovery (DeRec) Alliance, joining forces with Algorand Foundation and Swirlds Labs. As founding members, they will hold two-year seats on the Technical Oversight Committee, contributing to governance and policy development, said DeRec in today’s blog announcement. We are excited to announce that @Ripple and […]
Are Trillions Of New Loans About To Be Pumped Into The Housing Market?
Image Source: Pexels A few days ago, an article appeared in the Financial Times revealing that “Last month, the government-sponsored mortgage finance agency Freddie Mac filed a proposal with its regulator, the Federal Housing Finance Agency, to enter into the secondary mortgage market, otherwise known as home equity loans”.The article’s author, Meredith Whitney, claims that if […]
Mastering The Market During A ‘Decade Of Disruption’
Image Source: Unsplash The 2020s are shaping up to be a decade of immense change and disruption. The COVID-19 pandemic, large stimulus spending, increasing debt levels, geopolitical conflicts, and technological innovations have combined to create an environment of heightened uncertainty, volatility, and inflation. Understanding these dynamics and adapting to them will be crucial for navigating the […]
