Yuri Molchan Staggering amount of Shiba has been burnt, but price is back to level last seen half a year ago Recent astounding burns of Shiba Inu have not been helping to hold the price up, let alone ...
Tag: Drops
Shiba Inu (SHIB) Drops Below Dai Stablecoin
Alex Dovbnya Dai has thrived off of the Terra collapse, surpassing Shiba Inu Meme coin Shiba Inu (SHIB) has slipped below the Dai (DAI) stablecoin, according to data provided by CoinMarketCap. Image b...
Novavax stock drops after BofA’s bearish call
Shares of Novavax Inc. NVAX, -8.57% sank 8.8% in midday trading Friday, after BofA Securities analyst Alec Stranahan recommended investors avoid the COVID-19 vaccine maker, citing a bearish view on co...
Shib Record Burning Brought No Results: Price Drops 7% More
Despite record burnings reported by Shibburn, the price of one of the most hyped cryptocurrencies dropped 7% more in 24 hours, quoting below the $0.0000115 level. Following this negative trend, the to...
Applied Materials whiffs across the board on earnings, stock drops
Applied Materials Inc. shares declined in the extended session Thursday after the semiconductor-manufacturing equipment maker missed on earnings, revenue and its forecast and pointed at continuing sup...
BAYC floor price drops 50%, Lonely Apes doesn’t attract women, and more
Prices throughout the nonfungible token (NFT) market have suffered amid the broader market downturn, with the floor price of the Bored Ape Yacht Club (BAYC) collection dropping more than 50% since the...
Binance investment in LUNA drops from $1.6B to under $3K
Binance’s investment in LUNA dropped from $1.6 billion to less than $3,000. On Tuesday evening, Changpeng “CZ” Zhao linked a Fortune article reporting the leading exchange’s LUNA losses with the comme...
Here’s what just happened that triggers stock market drops 71% of the time, warns Credit Suisse
Wall Street’s in an unusually bullish mood Tuesday morning. Tim Holland, chief investment officer at Orion Advisor Solutions, argues the market has just notched two peaks. Last week, the Labor Departm...
Rivian Drops on Word of Lawsuit With Key Seat Supplier for Vans
(Bloomberg) — Rivian Automotive Inc. fell almost 7% Monday on word the electric-vehicle startup is in a dispute with a key seat supplier that could jeopardize its delivery van contract with patr...
Ripple Drops 42% in a Week, What’s Next?
Last week, Ripple closed a red candle of a whopping 42%. The bulls managed to fight back, pushing the price up at the end of the week. Will this be the end of the bearish sentiment in the short term, ...
Another Stablecoin Follows UST, DEI Price Drops
Last week saw chaos in the cryptocurrency market due to the unprecedented crash of Terra’s UST stablecoin and LUNA. The crash resulted in traders debating about the trustworthiness of stablecoins, the...
BTC Turns Bearish as Price Drops to $29,055
The Bitcoin price prediction keeps extending the bearish movement to the areas below the support level of $30,000. Bitcoin Prediction Statistics Data: Bitcoin price now – $29,691 Bitcoin market cap – ...
Tezos’ (XTZ) Daily RSI Drops To New All-Time Low
After breaking down from a multi-year trendline, Tezos (XTZ) has yet to generate any signs of a potential bullish reversal. XTZ had been increasing alongside an ascending support line since Oct 2019, ...
Cardano price analysis: ADA under the bearish domain as the price drops heavily to $0.559
The Cardano price analysis for today is completely on the bearish side. Bears gained the lead from the start of the day and have taken the price level from $0.597 to $0.559. After three consecutive da...
BAYC Votes For “Ape Drops” NFT Marketplace; What’s Next?
Bored Ape Yacht Club (BAYC) has voted for $2 million to be taken out of its treasury funds in order to fund the NFT’s marketplace projects. Ape Drops is the official marketplace of Bored Ape Yacht Clu...
Terra LUNA’s Price Drops Further Below $0.01 with 15 Billion Additional LUNA Issued
Tomiwabold Olajide Significant increase in supply puts additional selling pressure on LUNA, causing price decline Terra LUNA’s price has dipped further below the $0.01 level, reaching lows of $0...
Cardano’s IOHK Shares Growth Recap, ADA Drops to $0.40
Tomiwabold Olajide IOHK shares a long thread including information about various projects building on Cardano Cardano’s parent company, IOHK, has shared a growth recap for the Cardano ecosystem,...
Bitcoin (BTC) Price Avoids Major Drops as Bulls Help Rebound
31 mins ago | 2 mins read Bitcoin News Several positive variables currently point to an increase in the cryptocurrency’s value. The S&P 500 and the Nasdaq were both up 2.2% and 3.3%, respectively....
DeFi Not Spared From Crypto Massacre As TVL Drops Almost 50%
The decentralized finance (DeFi) has not been spared from the recent crypto onslaught. This crash that had finally put top coins like Bitcoin and Ethereum 50% below their all-time high values had also...
Luna Terra Resumes Block Production, UST and LUNA Price Drops Lower » NullTX
After halting the blockchain for roughly 10 hours, Luna Terra officially resumed its block production approximately an hour ago, enabling traders to move their LUNA off exchanges and encouraging users...
Bitcoin Price Drops to 16-Month Low as Bearish Sentiments Engulf Market
The losses that are being recorded in the price of Bitcoin are being modeled by other altcoins as many slumped to levels that are yet to be seen in months. The price of Bitcoin (BTC), the world’s larg...
Binance Will delist $LUNA if price drops below $0.005.
Terra LUNA lies dead at $0.0121. Binance officially announces to delist LUNA. Crypto.com prohibits trade of LUNA temporarily. With the ongoing LUNA and UST crisis, the whole world is glued to their ey...
Tether Loses $1 Peg, Bitcoin Drops to 2020 Levels of Near $24K
“On Bitfinex the Tether peg is >1$ while on Kraken it is slightly lower than 1$. This has resulted in arbitrageurs buying USDT cheap on Kraken and selling it on Bitfinex for profit. While oth...
Saudi Aramco Becomes World’s Most Valuable Company as Apple Stock Drops
Following a 5.2% decline on Wednesday, Apple was overtaken by Middle Eastern oil behemoth Saudi Aramco as the world’s most valuable stock. American consumer electronics powerhouse Apple Inc (NASDAQ: A...
Is LUNA Dead? Terra Luna Price Drops Below 4 Cents, UST still De-pegged at $0.67 » NullTX
After dropping nearly 99% in the past week from a high of $85 to a low of $1 yesterday, LUNA is the gift that keeps on giving, dropping well below 10 cents today, currently trading at $0.035. Those tr...
Tether (USDT) stablecoin drops below $1 peg
Crypto firm Tether has been reducing the amount of commercial paper in its reserves. Jakub Porzycki | Nurphoto | Getty Images Tether, the world’s largest stablecoin, broke below its $1 peg Thurs...
Avalanche drops 30% on fears Terra’s LFG will dump AVAX next
Avalanche (AVAX) is paying the price for being one of the collateral assets that maintain Terra’s native stablecoin TerraUSD’s (UST) peg with the U.S. dollar. Major AVAX dump ahead? AVAX&#...