Shares of Navigator Holdings Ltd. (NVGS), an owner and operator of liquefied gas carriers, are rising more than 14% Tuesday morning after the company reported preliminary first-quarter earnings above analysts’ view. Net income was $18.8 million or $0.25 per share for the first quarter, lower than $27 million or $0.35 per share last year. Excluding one-times, earnings were $0.31 per […]

Cryptocurrencies traded in a narrow range as markets wait for the debt ceiling deadline and the outcome of the talks convened to resolve the deadlock. President Joe Biden and the House Speaker Kevin McCarthy are scheduled to meet again on Monday to resolve the looming crisis. Talks over the weekend remained inconclusive.Dovish comments from the Fed Chair Jerome Powell on […]

Prominent crypto analyst Michaël van de Poppe, known for his insightful take on Bitcoin (BTC) trends, has hinted at an upcoming pivotal moment for the digital currency. In the following few days, the analyst suggests that the trajectory of Bitcoin could be significantly influenced, keeping his 657,000-strong Twitter audience engaged and on their toes. Van de Poppe highlights the importance […]

Nicholas Merten, a distinguished crypto analyst and host of the popular DataDash YouTube channel, recently delivered an eye-opening session to his 511,000 subscribers. Contrary to the common narrative of an imminent Bitcoin recovery, Merten expressed concerns over the potential for a continued downward trend in Bitcoin’s price. According to Merten, Bitcoin’s current market behavior suggests a potential shift in momentum […]

Fred Pye, CEO of Canada’s first Bitcoin fund issuer 3iQ, indicates a changing attitude among institutional investors toward Bitcoin. According to Ana Paula Pereira‘s report for Cointelegraph, which was published yesterday, in a recent interview with them, Fred Pye, CEO of 3iQ, the first Bitcoin fund issuer in Canada, indicated that as the fervor around Bitcoin dies down, portfolio managers […]

Bitcoin ($BTC) miners have sold some 2,000 coins worth around $55 million over a single 24-hour period, at a time in which cryptocurrency investors are focusing on a key support level that the cryptocurrency has to bounce back from before dipping further. According to popular cryptocurrency analyst Ali Martinez, Bitcoin miner reserves have dropped by more than 2,000 BTC over […]

Shares of bakery foods producer Flowers Foods, Inc. (FLO) are falling more than 8% Friday morning after the company lowered its outlook for fiscal 2023. “We are adjusting our outlook for fiscal 2023 to account for the slow start to the year and lower-than-expected branded retail sales due to softer category demand,” commented Flowers Foods’ CEO. For the full year, […]

Shares of WISeKey International Holding AG (WKEY), a cybersecurity, IoT and AI company, are rising more than 30% Friday morning at $3.0199. The company today said that in cooperation with FOSSA Systems, a provider of dedicated space services and complete IoT solutions, it plans to launch several new WISeSat-Ready FOSSA powered satellites with SpaceX, adding to the 13 FOSSA satellites […]

In a startling twist, Dogecoin outpaces Bitcoin, but there’s more beneath the surface. In a recent surge of activity, Dogecoin hit a record-breaking high of 719,000 daily transactions this Tuesday (May 16, 2023), according to Pedro Solimano’s May 17th article in Decrypt. The burst of activity was driven by the newly implemented DRC-20 standard that allows meme coins to be […]