Shares of San Francisco-based First Republic Bank ($FRC) were hit hard in pre-market trading on Monday, dropping 55% following declines of 33% last week, leading to a sharp decline in bank shares. Reg...
Tag: Plummets
DOGE value plummets amidst Silicon Valley Bank collapse and market uncertainty – Cryptopolitan
The recent collapse of Silicon Valley Bank (SVB), a crypto-friendly institution, has triggered a massive sell-off in the cryptocurrency market, causing the value of Dogecoin to drop by 21% in the last...
Silicon Valley Bank Stock Plummets 60%, Should crypto Investors Brace for Impact?
Silicon Valley Bank’s parent company, SVB Financial Group, recently had to raise $2.25 billion on short notice to avoid job cuts in the technology and startup industries. This move by SVB Financial Gr...
Signature Bank Stock Plummets as Crypto Banking FUD Spreads: Details
The ongoing Fear, Uncertainty and Doubt (FUD) in the digital currency ecosystem of today is notably impacting Silvergate Bank, one of the two dominant crypto-focused financial institutions. At this ti...
SVB Financial stock plummets toward biggest one-day selloff in 23 years after stock offering, large losses on securities sales
Shares of SVB Financial Group SIVB, +0.16% plummeted 30.6% to pace all of the S&P 500’s SPX, +0.14% premarket losers on Thursday, which puts them on track for the worst one-day performance in 23 y...
Fantom (FTM) Price Plummets, Bulls Struggle to Recover
FTM hits a 30-day low amidst bearish market sentiments. Trading volume remains active despite the recent drop. Keltner Channel indicates a possible buying opportunity for FTM. The price of Fantom (FTM...
400 Billion SHIB Tokens Sold by Voyager, Price Plummets Again: When Will This End?
Arman Shirinyan 400 billion SHIB tokens are released by Voyager, price faces increased pressure In the past 24 hours, Voyager has reportedly sold $56 million worth of assets, including over 27,000 ETH...
Signature Bank plummets in share price pre-market, after news of Silvergate halting operations
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Investors adopt risk-off approach as Bitcoin futures OI plummets to YTD low
Definition The total amount of funds (USD Value) allocated in open futures contracts. While crypto backed-margin is the percentage of futures contracts’ open interest that is margined in the nat...
Canaan’s Q4 Revenue Plummets by 82.1% YoY to $56.8 Million in 2022 – Cryptopolitan
Canaan Inc., a leading manufacturer of cryptocurrency mining equipment, has recently released its unaudited financial results for Q4 2022 and the full year. The report reveals a sharp decline in reven...
Canaan revenue plummets in Q4 2022
Chinese bitcoin mining hardware manufacturing giant Canaan, saw an over 80% plunge in its revenue in Q4 2022, while mining revenue for the same quarter increased over 360% compared to Q4 2021. Canaan...
Blur’s token plummets by 98% in 20 days; will OpenSea make a comeback?
BLUR’s price has dropped by 98% since it launched on 14 February. Blur continues to see increased user activity. Blur’s governance token BLUR has suffered a massive 98% drop in its value within just...
Lido Price Plummets on Rumor of a SEC Wells Notice
Lido token (LDO) plummeted by almost 20% since Friday after the rumors of a Securities and Exchange Commission (SEC) Wells Notice. As the SEC cracks down on Web3 firms, a rumor from the Bankless Show...
Altria exits vaping group Juul after stake plummets in value
Marlboro maker Altria has swapped its minority stake in Juul Labs for intellectual property rights to some of the e-cigarette company’s heated tobacco prototypes, ending an investment which plummeted ...
Market Cap for Binance Stablecoin BUSD Plummets 43% in 30 Days
Binance’s third-place ranking as the market’s largest stablecoin may soon change. On February 13, Paxos Trust, the stablecoin’s operator, announced that it would stop minting the Binance-branded stabl...
NVAX Stock Plummets On ‘Substantial Uncertainty’ As Covid Shots Wane| Investor’s Business Daily
Novavax (NVAX) said Tuesday there’s “substantial doubt” regarding its ability to continue, and NVAX stock crashed in late trading. X The statement came on the heels of light sales an...
Conflux price plummets by 40% from local top
Conflux (CFX), the native token of the recently introduced blockchain, has declined by over 40% since its high of $0.3595 a week ago. This downturn is the latest development in the asset’s performance...
BTC plummets to $23,047 as the bear market persists – Cryptopolitan
The recent Bitcoin price analysis reveals the bears are leading the price chart for the day, and the cryptocurrency value has been drastically reduced. The bearish wave has been ongoing for the past t...
MATIC price plummets following layoffs
Polygon has been one of the most popular projects in the Ethereum ecosystem, but now thigs are looking rough for the project. Polygon (MATIC), the Ethereum (ETH) scaling solution taking the crypto wor...
CoinShare’s Income Plummets Heavily Due To FTX Aftermath
The ongoing market turmoil caused by the FTX and Terra collapse has led many crypto companies to close up shop. CoinShares, Europe’s largest investment and trading platform, is among the companies suf...
Mortgage demand plummets to lowest 2023 level as rates rise for second week — but experts predict cooling rental prices will eventually bring rates below 6%
‘Signs of resilience’: Mortgage demand plummets to lowest 2023 level as rates rise for second week — but experts predict cooling rental prices will eventually bring rates below 6% U.S. mor...
BLUR plummets 84% following 360M token airdrop
Ad NFT marketplace Blur saw its native BLUR token fall to $0.78 from a high of $5 — recording a sharp decline of over 84% — shortly after its airdrop distribution went live. BLUR airdrop and tokenomic...
Coinbase Stock Plummets After SEC Enforcement Actions
Join Our Telegram channel to stay up to date on breaking news coverage What – Coinbase stock is facing its most significant 24-hour loss in the past seven months. Why – The price is declining because ...
BTC Price Plummets as It Reaches $21.8K
Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin Approaches Support Level as It Reaches $21.8K – February 10, 2023 Bitcoin’s (BTC) price is falling as it reaches $21.8K. ...
Shiba Inu (SHIB) Burn Plummets Below 1 Million Tokens as Asset Loses 15%
Arman Shirinyan Shiba Inu shows solid burn rate drop, which could be sign of decreasing network activity The Shiba Inu network recently experienced a steep drop in the token burn, falling below the 1 ...
BTC/USD Plummets Below $22,000, Price Faces the South
Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction loses traction as BTC heads to the south; losses are likely to continue should it break additional s...
Bitcoin Dumps to 3-Week Low, LDO Plummets 14% (Weekend Watch)
The past 24 hours brought some more pain for the bulls as BTC slipped to another three-week low at under $21,500. Most altcoins are in no better shape, including the ETH liquid staking coins, many of ...
DOCN Stock plummets over 3%—Is Market Volatility Responsible?
The public cloud service adoption rate is 91%, and private cloud adoption is just 30%. DigitalOcean will launch its quarter four earnings before February 16, 2023. DigitalOcean Holdings Inc. is an A...
GME Stock Plummets by 11% — GameStop really on its Last Leg?
Hogwarts legacy witnessing a logistical malfunction. Warzone 2 unsuccess contributed in the fall. Stock prices fell by 11% in the intraday session. GameStop (NYSE: GME) Stock fell by 11%. The fall i...
Gautam Adani Slips From Top 5 Richest As His Net Worth Plummets After ‘Corporate Con’ Accusations
Topline Indian billionaire Gautam Adani fell out of the world’s top five richest people on Friday as he fights allegations of fraud and Adani Group shares plummet following a damning report by U.S. sh...
Virgin Orbit stock plummets after UK launch failure
Cosmic Girl, a Virgin Boeing 747-400 aircraft sits on the tarmac with Virgin Orbit’s LauncherOne rocket attached to the wing, ahead of the first UK launch tonight, at Spaceport Cornwall at Newqu...
Silvergate Stock Plummets 45% on Major Staff Cuts, Massive Withdrawals
In a preliminary fourth quarter earnings report, crypto bank Silvergate revealed it weathered a run that saw customers pull more than $8 billion from accounts. The bank was forced to sell assets at a ...