(Bloomberg) — Six years ago, a little-known textile maker called Shandong Ruyi Group embarked on a frantic acquisition spree with the goal of becoming China’s version of luxury powerhouse LVMH. ...
Tag: Crashes
Bitcoin Crashes Towards $18K, Crypto Markets Shed $80 Billion Daily (Market Watch)
The price of bitcoin took another turn for the worse in the past 24 hours, dumping towards a multi-month low of $18,400. The alternative coins are in even worse shape, with substantial double-digit lo...
XRP Crashes 8% in Three Days, Here’s The Next Support (Ripple Price Analysis)
XRP hasn’t created a higher high in the last four months. This shows that the bears are currently in control, and they show little to no signs of weakness. Since the CPI numbers for the US were publis...
As FedEx stock crashes after brutal profit warning, analyst points to a lurking Amazon
FedEx has blown three tires before the peak holiday shipping season, and chatter on the Street is that mighty Amazon may have played a role. “It makes sense to see Amazon to trade off with this ...
BItcoin [BTC] crashes down to $20k- Is it right time to go short
Bitcoin [BTC] took yet another enormous hit after the disappointing inflation news that was released on 13 September. The brutal Consumer Price Index (CPI) report eventually led to a nearly 10% crash ...
Ethereum Price Crashes to $1.6K Leading into the Merge, What’s Next? (ETH Price Analysis)
Ethereum was no exception to the crash of the broader cryptocurrency market in the past 24 hours, printing a decrease of around 11% throughout the period. This puts the recently-sparked bullish moment...
Bitcoin Crashes Towards $20K on Inflation (CPI) Numbers: Market Watch
Although the US CPI data was quite close to the estimated target, it still had a vigorous effect on BTC’s price, which dumped towards $20,000. The alternative coins are also deep in the red, with Sola...
DeFi protocol token NFD crashes by 99% after a flash loan attack
New Free DAO, a decentralized finance (DeFi) protocol, faced a series of flash loan attacks on Thursday, resulting in a reported loss of $1.25 million. The price of the native token has dropped by 99%...
New Free DAO crashes 99% after $1.25M flash loan attack
A flash loan attack launched against New Free DAO (NFD) has drained $1.25 million from the protocol and caused its token price to crash by 99%. Blockchain security firm Certik raised an alarm about th...
Bitcoin Suddenly Crashes to Lowest Level Since Early July. How Much Lower Can It Go?
Alex Dovbnya Bitcoin has crashed to the lowest level in almost two months. Here’s why Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes ...
XRP Crashes Toward $0.30 But Bulls Outperform Against Bitcoin (Ripple Price Analysis)
Ripple has not been exempt from the recent decline in the cryptocurrency market. Despite this, XRP paints a different picture against Bitcoin. It’s worth noting that there have been two entirely diffe...
Bitcoin Crashes to 6-Week Lows as Crypto Markets Shed $60 Billion (Market Watch)
Yesterday’s brief price pump was short-lived as bitcoin reversed its trajectory and slumped below $19,000 to mark a multi-week low. The alternative coins, many of which registered impressive increases...
Ethereum Creator Vitalik Buterin Says Crypto Price Crashes Like Terra’s (LUNA) Are Good for Crypto – Here’s Why
The creator of Ethereum (ETH), Vitalik Buterin, is suggesting that a decline in the prices of crypto assets has benefits. Buterin says in an interview with former Bloomberg Opinion columnist Noah Smit...
This Ethereum Supply Zone Could be the Last Before ETH Crashes
The world’s second-largest cryptocurrency ETH witnessed a greater fall over the last weekend following the Fed Jackson Hole meeting. As of press time, ETH is trading 7% down on the daily chart at a pr...
Peter Schiff Trolls His Son And BTC Holders As Bitcoin Crashes Again
– Advertisement – Peter Schiff does not mind trolling his son for his Bitcoin interest on his birthday. Peter Schiff took to Twitter today to troll his son and Bitcoin holders as Bitcoin c...
Is Shiba Inu (SHIB) Dead? Explosive Rally Crashes to Earth While Chronoly.io (CRNO) Tokens Surge 560%
As meme tokens are climbing again, some experts are pointing to Shiba Inu’s (SHIB) rally as a sign that speculative investors are flooding into tokens hoping for quick and easy gains: a sign that inve...
Federal Court Records System Crashes With DOJ Set To Release Mar-A-Lago Affidavit
Topline With the Department of Justice set to release a redacted version of the affidavit that the FBI used to obtain a search warrant to raid former President Donald Trump’s Mar-a-Lago estate, the on...
Coinbase Hit With $5M Lawsuit Over Exchange Crashes, Alleged Securities Violations
A Coinbase customer is suing the San Francisco-based exchange for $5 million for failing to properly secure customers’ accounts and “flouting” federal securities laws, among other allegations. The la...
AMC Crashes In Volatile Launch for New Dividend Share; APE & AMC Stocks Halted 13 Times – crypto.news
Minutes after making its debut on the New York Stock Exchange on Monday, AMC Entertainment’s (AMC) new preferred dividend was halted and lost more than 20% of its starting price. CEO Adam Aron Confirm...
Shibaswap Volume Crashes More Than $1.6B in Yearly Low
Shibaswap saw a steep fall in trading volume in July due to a decline in the liquidity poured into alternate coins (altcoins) listed on the platform. Shibaswap tested a new low in July despite severa...
How To Duck Market Crashes: The Buffett-Shiller Method
Pay less attention to stock prices and more to what your portfolio companies are earning. Warren Buffett, chairman and chief executive of Berkshire Hathaway (Photo by Chip Somodevilla) Getty Images Is...
BAYC Floor Price Crashes to 67 ETH, Lowest in 8 Months
Non-fungible tokens from the Bored Ape Yacht Club collection are going through a majorly rough patch. Apes are currently sitting on a floor price of 67 ETH across the board – something that we haven’t...
Avalanche price analysis: AVAX crashes below $22 as bears takeover
Avalanche price analysis shows slight recovery in price as it settles near $22.84 level. After more than expected interest rate hike by the US Federal Reserve, the AVAX/USD pair fell from the $26.50 t...
Ethereum Crashes 9% in a Day, Where’s the Next Support? (ETH Price Analysis)
Negative sentiment has dominated the market this week as Ethereum failed to reclaim the $2000 level. The bears are attempting to pull the price back below the breakout level and trap the bulls. Techni...
Uniswap price analysis: UNI crashes to $7.13 after a tremendous bearish period
Uniswap price analysis reveals that the market is following a negative trend below the $7.2 mark and is likely to remain there. UNI/USD lost tremendous momentum the previous day, August 18, 2022, when...
Uniswap price analysis: UNI crashes by 3%
Uniswap price analysis reveals that the market is following a negative trend below the $8.2 mark and is likely to remain. UNI/USD had tremendous momentum the previous day, August 16, 2022, when the pr...
Martin Shkreli’s Druglike DAO Crypto Token Crashes Following an Alleged Hack
Former pharmaceutical executive Martin Shkreli’s recently-launched crypto token tanked 90% on Friday, Aug. 13, 2022, data from crypto exchange Binance shows. The drop in price to fractions of a penny ...
Illumina Stock Crashes As Covid, China Hammer Second-Quarter Results
Illumina stock crashed Friday after the DNA sequencer broadly lagged Wall Street’s quarterly forecasts and slashed its outlook for the year. X The struggles stem from macro challenges, Canaccord...
We are prepared for crypto market crashes.. or are we? [5 tips to remember]
Cryptocurrencies are extremely volatile, with a historical past of “boom and bust” cycles that have many investors questioning whether it is safe to invest. However, Bitcoin, the most popular cryptocu...
Polygon-Based Crypto Project Rug Pulls Investors, As Token’s Price Crashes to Zero
– Advertisement – The price of Dragoma’s token (DMA) has plunged to nearly $0 after the team behind the project pulled the rug on investors. According to leading security firm PeckShiel...
Polygon-Based Token Crashes to Zero in Rug Pull Scam
Alex Dovbnya Dragoma, a Polygon-based project, ends up being a rug pull scam Dragoma, a Polygon-based Web3 lifestyle sports application that combines GameFi and SocialFi elements, has pulled the rug o...
Reality Finally Crashes Into Alex Jones’ Twisted Fantasy World
Alex Jones of InfoWars talks to reporters outside a Senate Intelligence Committee hearing concerning … [+] foreign influence operations’ use of social media platforms, on Capitol Hill, Sep...