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Jasmy price suffers a harsh reversal: has the bull run ended?
Market Analysis

Jasmy price suffers a harsh reversal: has the bull run ended?

The JasmyCoin price continued its freefall this week as the crypto bull run appeared to lose steam. It has fallen in the past four days straight and is hovering near its lowest swing since March 5th. The token has plunged by over 30% from its highest point this year, meaning that it is in a […]

  • March 14, 2024 09:01 PM PDT
  • Invezz
Cardano attains an ATH in this key metric; will ADA price hit $1?
Latest

Cardano attains an ATH in this key metric; will ADA price hit $1?

The Cardano (ADA) network has seen substantial surges in user engagement within the past month. Cardano-based DEX Danogo revealed intensified user activity within the blockchain, propelling active wallets to record highs. Data showed addresses interacting with the Cardano network increased by over 40% in the past month to over 600K, double the lowest number recorded […]

  • March 14, 2024 08:31 PM PDT
  • Invezz
Scottish Mortgage: Tesla, PDD, TikTok woes drag the SMT stock
Stock Market

Scottish Mortgage: Tesla, PDD, TikTok woes drag the SMT stock

Scottish Mortgage Trust (LON: SMT) share price has underperformed the broader market amid woes in some of its key portfolio companies. The stock dropped to 780p on Thursday from the year-to-date high of 811p. It has underperformed other tech-focused funds like Cathie Wood’s ARKK and Invesco QQQ. Tesla, Bytedance, PDD, and Kering woes Several companies […]

  • March 14, 2024 07:02 PM PDT
  • Invezz
Solana price soars as Memeinator presale enters final stages
Latest

Solana price soars as Memeinator presale enters final stages

It was a sea of red in the cryptocurrency market on Friday morning as Bitcoin plunged below $68,000 for the first time in almost two weeks. Other tokens like Ethereum, Bitcoin SV, THORChain, and Celestia dropped by double digits.  At the same time, Solana continued with its strong bull run. It jumped to $173.92, a […]

  • March 14, 2024 05:01 PM PDT
  • Invezz
FOMC meet preview: US Fed likely to cut interest rates in June
Forex

FOMC meet preview: US Fed likely to cut interest rates in June

The U.S. economy’s robust growth, employment, and inflation figures have left little room for the Federal Reserve to consider immediate rate cuts. Despite this, Federal Reserve Chair Jerome Powell suggested the policy rate might have reached its peak in this tightening cycle. This statement has led to speculation about potential rate reductions, possibly starting in […]

  • March 14, 2024 02:49 PM PDT
  • Invezz
Thetanuts Finance debuts leveraged LRT Strategy Vault
Latest

Thetanuts Finance debuts leveraged LRT Strategy Vault

Thetanuts Finance, a leading figure in the decentralized on-chain options protocol arena, has announced a Leveraged LRT Strategy Vault on the Ethereum Mainnet. This move integrates Pendle Finance’s PT-eETH offering, marking Thetanuts Finance’s first venture into the burgeoning domain of restaking and Liquid Restaking Tokens (LRTs), which has seen over $10 billion in Total Value […]

  • March 14, 2024 01:48 PM PDT
  • Invezz
Adobe stock tanks 10% as Q1 earnings beat but guidance disappoints
Latest

Adobe stock tanks 10% as Q1 earnings beat but guidance disappoints

Adobe Inc (NASDAQ: ADBE) is trading down in extended hours on Thursday even though it reported upbeat financial results for its first quarter. Adobe stock down on muted guidance The stock is taking a hit because $ADBE failed to impress with its future guidance. The software giant now forecasts revenue to fall between $5.25 billion […]

  • March 14, 2024 01:13 PM PDT
  • Invezz
Loopring (LRC) rises 107% and Bitbot presale nears $1 million
Latest

Loopring (LRC) rises 107% and Bitbot presale nears $1 million

Loopring (LRC) has seen a significant surge in its price, rising by an impressive 107% in just one month against the backdrop of an impressive Bitcoin (BTC) performance and a successful Ethereum Dencun upgrade. This surge comes amidst a backdrop of increasing market volatility and growing interest in decentralized finance (DeFi) projects and new projects […]

  • March 14, 2024 01:10 PM PDT
  • Invezz
AITX to hit ‘operational profitability’ by August 2024
Stock Market

AITX to hit ‘operational profitability’ by August 2024

Artificial Intelligence Technology Solutions Inc (OTCMKTS: AITX) says it will achieve “operational profitability” by August of 2024. The AI stock is still in the red at writing. AITX is revenue is growing fast AITX drove that confidence from “sustained momentum” in its growth trajectory. The Michigan-based company has billed more than $349,000 this month (to […]

  • March 14, 2024 10:23 AM PDT
  • Invezz
Tesla and SpaceX’s Bitcoin holdings: What does Elon Musk’s crypto investment look like
Forex

Tesla and SpaceX’s Bitcoin holdings: What does Elon Musk’s crypto investment look like

In a report by Arkham Intelligence, the on-chain Bitcoin addresses of Elon Musk’s pioneering companies, Tesla and SpaceX, have been uncovered, showcasing a hefty investment in the cryptocurrency. As of March 7, the analysis revealed that Tesla is in possession of 11,510 BTC, valued at approximately $780 million, across 68 distinct addresses. Meanwhile, SpaceX boasts […]

  • March 14, 2024 07:52 AM PDT
  • Invezz