(Bloomberg) — The historic rout in Amazon.com Inc.’s shares last week highlights how difficult the environment has become for e-commerce stocks after their pandemic-driven boom, with investors s...
Tag: Deepens
Bitcoin Sell-Off Deepens Despite Whales’ Massive Buys As Analysts Warn BTC Price Could Crash By 30% ⋆ ZyCrypto
Advertisement     On Monday, Bitcoin continued to lead other cryptocurrencies in a sell-off after liquidity was shattered following United States equities markets clos...
Bitcoin Sell-Off Deepens as Correlation with Stocks Rise
In a Monday newsletter, FundStrat, a global advisory firm, wrote that macro uncertainty could outweigh LFG’s reserve purchases. “Following previous LFG purchases, we witnessed a rise in re...
Binance deepens Middle East expansion with Abu Dhabi approval
Binance CEO Changpeng Zhao said the company is “not shunned elsewhere” and that there’s “more to come.” Wei Leng Tay | Bloomberg | Getty Images Cryptocurrency exchange Bi...
MicroStrategy Deepens Its Bitcoin Bet With 4,167 BTC Purchase
MicroStrategy has proved it is not slowing down anytime soon when it comes to buying bitcoin. Not long after news broke that the firm had taken a $200 million loan to purchase bitcoin, it has made its...
Bitcoin Mining Stock Downtrend Deepens: What’s Behind The Drop?
Bitcoin mining stocks have not fared the best in recent times. Although they were one of the winners of 2021, their fall from grace had been even more rapid than their climb there in the first place. ...
China’s Tech Rout Deepens Amid Lockdown, Geopolitical Worries
(Bloomberg) — The relentless selloff in Chinese technology stocks continued in Hong Kong on Monday as a lockdown in Shenzhen, a key sector hub, added to investor angst over geopolitical and regu...
China Tech Selloff Deepens as U.S. Delisting Fears Alarm Traders
(Bloomberg) — Chinese tech shares tumbled to a fresh low, tracking overnight weakness in their U.S. peers, as renewed regulatory concerns unnerved investors still reeling from wild price swings ...
Moderna Erases $52 Billion in Value as Rout Deepens to 50%
(Bloomberg) — Moderna Inc.’s shares have dropped 50% this year as investors pulled back from Covid-19 healthcare stocks and staged a broader rotation out of growth names. Most Read from Bloomber...
Stock Futures Fall and Oil Gains as Ukraine Crisis Deepens
Stock futures fell and oil prices jumped as investors weighed geopolitical developments including new sanctions by Western countries against Russia. By early afternoon on Monday in Hong Kong, futures ...
Russia Bans Foreigners From Selling Securities as Rout Deepens
(Bloomberg) — The Bank of Russia has banned brokers from selling securities by non-residents starting today in a bid to shield the nation’s assets from sweeping Western sanctions that include pe...
MATIC Drops to $1.6 as Correction Deepens
Key Support levels: $1.6, $1.4 Key Resistance levels: $1.8, $2 MATIC’s price saw a sharp drop after hitting the $2 resistance and fell all the way to $1.6 at the time of this post. If the correction c...
Litecoin Declines as Price Deepens in the Oversold Region
Jan 25, 2022 at 12:24 // Price Litecoin (LTC) has dropped significantly to a low of $98.50 after rejecting resistance at $150. The price drop on January 22 has pushed the cryptocurrency into the overs...
Bitcoin Sell-Off Deepens Below $40K; Minor Support Nearby
Bitcoin (BTC) failed to hold short-term support at $40,000 as sellers maintained the two-month long downtrend. Intraday oversold signals were not enough to sustain bids, which means longer-term indica...
Chinese Developer Bond Rout Deepens on Hidden Debt Concerns
(Bloomberg) — Fresh turmoil rocked Chinese property bonds on Monday on concern over the true scale of the industry’s hidden debts, deepening a selloff among higher-rated firms. Most Read from Bl...
China Home Market Slump Deepens as Prices Fall for Fourth Month
(Bloomberg) — China’s home prices fell for a fourth consecutive month in December, as the credit crunch in the property sector showed little sign of easing. Most Read from Bloomberg New home pri...
Bitcoin Dipped Below $41K as Crypto Correction Deepens (Market Watch)
After yesterday’s massive crash in the crypto market, bitcoin is still not out of the woods as the asset dropped to $41,000 hours ago. Most altcoins are in a similarly adverse position with a few exce...
China Tech Selloff Deepens as Tencent Sale Spooks Traders
(Bloomberg) — China’s tech stocks fell once again Wednesday as firms backed by Tencent Holdings Ltd. came under pressure after it pared investment in the sector for a second time in two weeks. M...