Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) saw minor gains as the global cryptocurrency market capitalization rose 0.7% to $2.10 trillion.
What Happened: BTC rose 0.77% to $49,393.81 intraday, hovering just below the psychologically important $50,000 mark. For the week, the apex coin was up 3.82%.
See Also: How To Buy Bitcoin (BTC)
ETH traded mostly unchanged at $3,247.54 over 24 hours but was down 2.02% over a seven-day trailing period.
Dogecoin (CRYPTO: DOGE) fell 1.51% to $0.31 over 24 hours. The Shiba Inu-themed coin was down 6.68% over seven days.
Charles Hoskinson-created Cardano (CRYPTO: ADA) shot up 12.83% to $2.78 over 24 hours. ADA was up 28.97% for the week.
BTC fork Dash (CRYPTO: DASH) traded 11.86% in the green at $265.63 over 24 hours. Over seven days, DASH was up 24.98%.
On Sunday night, Telcoin (CRYPTO: TEL) saw the highest 24 hours gain as it rose 30.72% to $0.0283. Over seven days TEL was up 40.23%.
TEL was up 30.03% and 30.83% against BTC and ETH respectively. Since the year began, TEL has skyrocketed 16,440.22%.
Other coins that saw gains in 24 hours included Nano (CRYPTO: NANO), Avalanche (CRYPTO: AVAX), and Basic Attention Token (CRYPTO: BAT).
Hot Stocks To Buy For 2022: RAIT Financial Trust(RAS)
We are a multi-strategy commercial real estate company that is a self-managed and self-advised Maryland real estate investment trust, or REIT. We utilize our vertically integrated platform to originate commercial real estate loans, acquire commercial real estate properties and invest in, manage and service commercial real estate assets. We offer a comprehensive set of debt financing options to the commercial real estate industry and provide asset and property management services. We also own and manage a portfolio of commercial real estate properties and manage real estate assets for third parties. We were formed in August 1997 and commenced operations in January 1998. Advisors’ Opinion:
- [By Stephan Byrd]
RAIT Financial Trust (NYSE:RAS) will announce its earnings results before the market opens on Wednesday, May 23rd. Analysts expect the company to announce earnings of $0.21 per share for the quarter.
Hot Stocks To Buy For 2022: Leucadia National Corporation(LUK)
Leucadia National Corporation, through its subsidiaries, engages in manufacturing, land based contract oil and gas drilling, gaming entertainment, real estate, medical product development, and winery operations in the United States and internationally. Its manufacturing operations include remanufacturing, manufacturing, and/or distribution dimension lumber, home center boards for retailers, pine decking, and other specialty wood products; and manufacturing and marketing lightweight plastic netting used in building and construction, erosion control, packaging, agricultural, carpet padding, filtration, and consumer products. The company?s land based contract oil and gas drilling operations include the provision of drilling services to independent oil and natural gas exploration and production companies in the Mid-Continent region of the United States, including Oklahoma, Texas, Arkansas, Louisiana, and Kansas. As of December 31, 2010, it had 38 drilling rigs. The company?s g aming entertainment operations consist of owning the Hard Rock Hotel & Casino Biloxi located in Biloxi, Mississippi, which consists of 325 rooms and suites, 1,268 slot machines, 52 table games, 6 live poker tables, 5 restaurants, and spa. Its real estate activities include investment in commercial properties, residential land development projects, and other unimproved land. The company?s medical product development operations comprise the development of MP4OX that has completed a phase II proof of concept clinical trial and is a solution of cell-free hemoglobin, administered intravenously to provide oxygen delivery to oxygen deprived tissues. In addition, Leucadia National Corporation engages in the production and sale of wines; and investment and evaluation of gasification projects to convert various types of low grade fossil fuels into energy products. The company was founded in 1854 and is based in New York, New York.
- [By Ethan Ryder]
Stifel Financial Corp lifted its holdings in shares of Leucadia National (NYSE:LUK) by 37.4% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 48,804 shares of the conglomerate’s stock after buying an additional 13,283 shares during the period. Stifel Financial Corp’s holdings in Leucadia National were worth $1,111,000 at the end of the most recent reporting period.
- [By Max Byerly]
Korea Investment CORP cut its holdings in shares of Leucadia National (NYSE:LUK) by 21.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 107,659 shares of the conglomerate’s stock after selling 29,141 shares during the quarter. Korea Investment CORP’s holdings in Leucadia National were worth $2,447,000 as of its most recent filing with the Securities & Exchange Commission.
Hot Stocks To Buy For 2022: Astrotech Corporation(ASTC)
Astrotech Corporation, a technology company, develops, manufactures, and sells miniaturized transportable mass spectrometers and related equipment. The company offers MMS-1000, a small, low power desktop mass spectrometer designed for the laboratory market; OEM-1000, a mass spectrometer component that integrates into customers’ specific packaging and enclosures; and iONTRAC, a process analyzer, which provides in-situ real-time monitoring of industrial processes. Its customers include government agencies, research organizations, and universities. The company is also developing a Salmonella vaccine. In addition, it provides Astral Black ICE, a system with customized off the shelf hardware for black and white feature film and televisions series digitization and restoration markets; and Astral Color ICE, a standalone software solution that integrates into film scanners to enable color image correction and enhancement. Astrotech Corporation was founded in 1984 is headquartered in Austin, Texas.
- [By Money Morning News Team]
Ideal Power Inc. (NASDAQ: IPWR) is a Texas-based industrial products company that develops, manufactures, and sells power conversion solutions with a focus on storage and solar, standalone energy, and microgrid applications.
- [By Money Morning Staff Reports]
Here are last week’s top-performing penny stocks:
Penny Stock Sector Current Share Price Last Week’s Gain
Electra Meccanica Vehicles Corp. (NASDAQ: SOLO) Consumer Goods $4.39 259.84%
Gridsum Holding Inc. (NASDAQ: GSUM) Technology $4.32 108.70%
Sky Solar Holdings Ltd. (NASDAQ: SKYS) Utilities $1.08 89.47%
Conformis Inc. (NASDAQ: CFMS) Healthcare $1.26 75.00%
Ideal Power Inc. (NASDAQ: IPWR) Industrial Goods $0.52 56.73%
ADMA Biologics Inc. (NASDAQ: ADMA) Healthcare $4.22 52.35%
CAS Medical Systems Inc. (NASDAQ: CASM) Healthcare $2.41 51.57%
Arcimoto Inc. (NASDAQ: FUV) Consumer Goods $4.88 50.15%
Adomani Inc. (NASDAQ: ADOM) Consumer Goods $0.38 49.94%
Huttig Building Products Inc. (NASDAQ: HBP) Services $3.41 47.62%
Can’t-Miss Opportunity: Renowned Author of Best-Selling Investment “Bible” Just Released His Newest Pick
- [By Shane Hupp]
Shares of Ideal Power Inc (NASDAQ:IPWR) hit a new 52-week low on Monday . The company traded as low as $0.60 and last traded at $0.61, with a volume of 100 shares. The stock had previously closed at $0.61.
- [By Max Byerly]
News articles about Ideal Power (NASDAQ:IPWR) have trended somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ideal Power earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave press coverage about the industrial products company an impact score of 47.3748047378114 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.