Sports merchandise firm Fanatics is divesting its stake in nonfungible token (NFT) company Candy Digital as confidence in the asset class wanes. On Jan. 4, it was reported that Michael Rubin’s sports ...
Tag: imploding
Solana Ecosystem Imploding in Wake of FTX Collapse
Key Takeaways The Solana ecosystem is suffering from the recent news and rumors of insolvency surrounding FTX and Alameda Research. SOL is down 45% at the time of writing. Data reveal that more than 8...
How to stop your crypto community from imploding – Cointelegraph Magazine
Crypto communities can often implode, despite the best intentions of everyone involved. Genuine communities with plausible but convoluted project ideas can fail just as easily as projects like DeFi Wo...
The housing market is ‘imploding’
With the slowdown in the US housing market seen in 2022, investors may be wondering whether a market crash akin to the 2008 housing crash is upon us again. While the economy is shrinking, the housing...
CNBC’s Jim Cramer Says There’s Nothing Stopping Crypto Markets From Imploding Further – Here’s Why
Jim Cramer is warning investors there could be more downside for crypto even after the market lost more than two-thirds of its combined value. In a new interview on CNBC’s Squawk Box, Cramer says digi...
‘Markets are imploding’ because the Fed isn’t doing its job, says billionaire investor Bill Ackman
“‘How does this downward market spiral end? It ends when the Fed puts a line in the sand on inflation and says it will do “whatever it takes.”’” — Bill Ackman, founder and CEO, Pershing Square Capital...
S&P 500: Five Imploding $40 Billion Companies Are Shadows Of What They Were
If you feel poorer following the S&P 500’s sell-off, just know it could be worse. Much worse. Investors who piled into some $40 billion companies are suffering as nearly all that wealth vani...