27 May 2019, Lower Saxony, Moormerland: The cruise ship “Spirit of Discovery” sails over the Ems in … [+] the early morning. The ship for the British shipping company Saga Cruises st...
Tag: Collapses
‘Very Concerning’ Sign Of Serious Economic Slowdown Emerges As Stock Market Collapses
Topline A growing rash of economists are warning the odds of a recession have increased amid a historic inversion of the yield curve—a telltale sign of a looming economic slowdown after the Federal Re...
2 Dividends Set To Soar As Global Trade Collapses
Made in USA label on the side of an unopened cardboard box with copy space. Manufacturing and … [+] economy concept. getty Today we’re going to “onshore” ourselves 2 unsung dividend payers that ...
New LUNA Token Collapses as Do Kwon Faces Arrest
Alex Dovbnya Price of LUNA token has lost nearly a third of its value, with Do Kwon’s arrest warrant putting end to speculative frenzy The price of the LUNA token has crashed by more than 32%, a...
Ethereum Collapses Below $1500 Following The Merge
Ethereum just experienced its first hint of post-merge price action. Unfortunately for bulls, it was to the downside. After clinging to roughly $1600 over the past 24 hours, Ethereum has now slipped ...
Weekly MacroSlate: Bitcoin facing first global recession as currency collapses, energy crisis becomes reality for Europe
TL;DR Liz Truss became the U.K. Prime Minister on Sept. 6 as the country prepares for a possible recession in Q4. European Central Bank has increased interest rates by 75bps, a record, but they are st...
Crypto News of the Week : Polkadot (DOT) Hacked, Ripple (XRP) Collapses, Chronoly.io (CRNO) increases by 690%
August has been an eventful month in the crypto space. Battling the on-going bear market, the past week has seen many cryptocurrencies caught in a myriad of other happenings impacting their growth. Le...
AFRM Stock Collapses On Wide Misses And As One Key 2023 Metric Lags
Affirm Holdings (AFRM) reported a wider-than-expected loss for its June quarter late Thursday and issued a partially disappointing fiscal 2023 outlook, leading AFRM stock to collapse. X The Street was...
Acala Stablecoin aUSD Collapses After Parachain Exploit
Key Takeaways On Sunday, Polkadot’s DeFi Hub Acala Network suffered an exploit that saw its native over-collateralized stablecoin aUSD plummet to zero. The exploit was due to a “misconfigu...
EU official says MiCA bill would prevent Terra-style collapses and regulate NFTs like crypto
With the rapid expansion of the cryptocurrency industry, authorities worldwide are seeking ways to regulate the space, including the European Union (EU), which has recently given its own contribution ...
Mortgage Giant Cuts Thousands Of Jobs—Warns Of ‘Accelerated’ Downturn As Housing Market Abruptly Collapses
Topline Mortgage originator loanDepot on Tuesday unveiled a plan to cut thousands of jobs and reduce costs “significantly” as higher interest rates sink mortgage demand—becoming the latest...
£15bn deal for UK Power Networks collapses after owner lifts price
The £15bn takeover of Britain’s largest electricity distributor by a consortium led by KKR and Australia’s Macquarie has collapsed after rising inflation prompted a last-minute price rise by its Hong ...
Aston Martin share price collapses to a new low. Buy the dip?
The Aston Martin (LON: AML) share price continued its bearish trend on Thursday as demand for the stock waned. The stock dropped to an all-time low of 434p, which was over $97% below the all-time high...
Crypto Industry’s Ad Spending Collapses by 90%
Alex Dovbnya Cryptocurrency ad spending blitz came to an end after prices crashed According to data provided by market intelligence and analytics firm Sensor Tower, cryptocurrency marketing has collap...
Tron Collapses by 20% Daily as USDD Drifts Away From Peg
Tron lost its momentum over the weekend, and since then, it has crashed by over 40%. The cryptocurrency now struggles to find support. Key Support levels: $0.050, $0.040 Key Resistance levels: $0.057,...
Tether Clears Air Over USDT Backing As Crypto Collapses
Tether, the operator of the USDT stablecoin, on Wednesday derided speculation that the token is backed by low-rated debt. The firm said in a press release that recent “rumors” that the portfolio used ...
Crypto Trader Who Accurately Called Two Separate Bitcoin Collapses Looks at State of BTC
A crypto trader who accurately called Bitcoin’s May 2021 meltdown is now saying BTC has entered his “buy zone.” Pseudonymous trader Dave the Wave tells his 114,700 followers Bitcoin entered his buy zo...
Revlon Stock Collapses On Reports Of Imminent Chapter 11 Bankruptcy
Updated at 3:46 pm EST Revlon (REV) – Get Revlon Inc. Report shares extended declines Monday following a report that suggested the iconic cosmetics group could file for Chapter 11 bankruptcy pr...
CEL Token Collapses 99% From Highs As Celsius Network Halts All Withdrawals
A crypto lending platform’s native token is the latest casualty after a challenging month in the digital asset space that saw tens of billions of dollars disappear from an already hurting market. In a...
Ethereum Collapses 24% in Weekend Rout as Staked Assets Drop Pegs
Key Insights: Ethereum has fallen below its 2018 peak price. Some staked ETH assets have dropped their pegs. Gloomy predictions ahead for ETH prices. Ethereum prices are still tanking during the Monda...
Celsius Halts Withdrawals, CEL Token Collapses
Alex Dovbnya Celsius has halted all withdrawals due to extreme market conditions Popular cryptocurrency lending platform Celsius has halted all withdrawals, according to an announcement posted earlier...
Game Over: Ethereum GameFi Activity Collapses By 96%
GameFi has been a particularly interesting landscape over the past year, and while the cryptocurrency market at large has been middling – in the midst of heated debates around whether we’re in a full ...
UK Treasury Creates New Proposal to Limit Effects of Stablecoin Collapses
Following the fallout of the crash of the algorithmic stablecoin Terra this month, the U.K. Treasury tables a new insolvency regime designed to protect consumers’ assets. The now infamous crash of the...
If Terra collapses InsurAce will pay millions to claimants
DeFi insurance protocol InsurAce maintains it was well within its rights to reduce the claims period for anyone affected by the Tera USD (UST) Daypag event from 15 to seven days, and that it had alrea...
Mega-SPAC Mints a $21 Billion Fortune That Collapses in Minutes
(Bloomberg) — If the SPAC craze is over, it’s going out with a bang by making a Miami lawyer who has owned speedboats named “Class Action” and “Power of Attorney” one of the richest people in th...
Terra ecosystem collapses, Sam Bankman-Fried buys Robinhood stock, and crypto trader receives jail sentence for a ponzi scheme: Hodler’s Digest, May 8-14
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, pr...
Terra Co-Founder’s Wife Seeking Police Protection as LUNA Price Collapses to Zero
Alex Dovbnya Spouse of Terra co-founder is seeking police protection after unexpected visit According to a report by South Korean business media outlet MoneyToday, the wife of Terraform Labs founder K...
DOGE Collapses 30% as 250 Million Dogecoin Get Shifted to Robinhood
Yuri Molchan Dogecoin has faced 30% fall after seeing 90% collapse since Elon Musk-pumped all-time high Contents Anon whales shift 250 million DOGE, Robinhood receives half DOGE down 30%, minus 90% si...
As Terra Collapses, This Proposal Attempts To Save Developers And Users
Terra community the Terra Builders Alliance on Friday made a new proposal to protect developers and users as the blockchain collapsed. The proposal, called the ‘LUNA Go Forward Proposal’ calls for the...
Bitcoin Plummets to December 2020 Lows, Altcoins See 30-50% Daily Collapses: Market Watch
Another day came with more massive price drops in the crypto market, with bitcoin dumping to lows not seen in roughly a year and a half. The altcoins are in even worse shape, with countless double-dig...
Terra (LUNA) Cryptocurrency Collapses 98% Overnight!
The Terra (LUNA) price has fallen 99% within a day. It was one of the top 10 cryptocurrencies, but now its rank has fallen to 121. The market cap has also dropped by more than 76%. The price fall wash...
Market depression: Asian crypto stocks receding after Terra collapses
The global crypto market has undergone some critical changes, transforming the shape of its future investments. The changes have affected it in value because the impacts are limited to regular currenc...