(Bloomberg) — Bondholders of Adani Group firms are holding initial conversations with financial advisers and lawyers to weigh their options after the unfolding crisis at the Indian conglomerate ...
Tag: Engulfs
Contagion engulfs Bitcoin miners as bear market continues
Never underestimate how quickly things can deteriorate in a sector as volatile as crypto, especially in a bear market. Prices can always go lower in the depts of crypto winter and casualties can multi...
Chipmaker Rout Engulfs TSMC, Samsung With $240 Billion Wiped Out
(Bloomberg) — Chip-related stocks in Japan, South Korea and Taiwan slumped, contributing to a wipeout of more than $240 billion from the sector’s global market value after the Biden administrati...
US Inflation Slid Below Expectation as Bullish Sentiment Engulfs Market
The Federal Reserve’s inflation target is pegged at 2% on an annualized basis, and it is unclear in which direction the Feds will tilt with respect to its inflationary control. The rate of inflation g...
Bitcoin Slumps to 3-Months Low below $30K, Bearish Shockwaves Engulfs the Market
Bitcoin (BTC) slumped to its 3-month low on Monday Asia Trading Section as investors panic sold on a sustained bearish dump-off that characterised the digital currency ecosystem over the weekend. The ...
Bitcoin Addresses at a Loss Hit a 2-Year High as Extreme Fear Engulfs the Market
The bearish momentum witnessed in the Bitcoin (BTC) market has made addresses at a loss to climb to a two-year high. Crypto insight provider Glassnode stated: “Number of Bitcoin addresses in Los...