Shares of Bausch Health Companies Inc. BHC, -41.24% suffered a near-record plunge of 50.3% in volatile afternoon trading Thursday before a trading halt, after Bloomberg reported that some of the drug ...
Tag: Plummets
Solana-Based Algorithimc Stablecoin Plummets 99% After a $3.5M Flash Loan Exploit
Solana-based decentralized finance yield protocol, Nirvana, is the latest victim of a flash loan attack in the cryptocurrency space. Data from blockchain security firm, PeckShield, revealed that the a...
Coinbase Enters Fresh Controversy As Stock Plummets, Here’s Why
Coinbase released the first part of The Degen Trilogy, the Coinbase-produced BAYC trilogy of BAYC flicks. The Bored Ape Yacht Club is one of the biggest NFT brands in the world. The trilogy is also ex...
Snap plummets 26% after company misses earnings and pulls guidance
In after-hours trading on July 21, Snap’s (NYSE: SNAP) stock plummeted by 26.8% following its earnings announcement. Despite topping expectations on net user additions, the company fell short of reven...
Bitcoin Transaction Cost Plummets After Every 4 Years, Is there A Reason?
Bitcoin emerged in 2009, making it a total of 13 years of operations. In all these years, experts have identified interesting patterns from watching its movement closely. Observers suggest that two fa...
Bitcoin hashrate plummets as Texas-based miners suspend operations
Bitcoin (BTC) hashrate dropped to as low as 159.41 exahashes per second (EH/s) on July 13, its lowest in five months, as Texas-based miners were forced to go offline. According to data from BTC.com, t...
CEL Token Price Plummets 50% As Celsius Goes Bankrupt
After the Celsius Network’s decision last month to freeze all transactions and withdrawals, the whole cryptocurrency market plummeted into a deep and gloomy sinkhole. This week there was some good new...
While Inflation Hits 9.1%, Bitcoin & Ethereum Plummets!
The US consumer price index (CPI) data has been revealed, which stands at 9.1% from 2021. The data has made a major impact on both the traditional and crypto market. The two main drivers of the crypto...
Bitcoin (BTC) Plummets After Red-Hot Inflation
The US Bureau of Labour Statistics released its Consumer Price Index for the month of June 2022. The CPI is revealed to be at 9.1%, the highest inflation increase in the US in 40 years. The CPI is a s...
Bitcoin Hashrate Plummets Following Crypto Winter, What Will Follow Onwards?
The crypto winter keeps spreading to all sectors of the industry, especially resulting in Bitcoin failing to climb. Besides investors losing their funds due to price crashes, companies also downsize t...
Voyager Stock Plummets Nearly 12% as Crypto Firm Files for Bankruptcy
Voyager Digital has become the second high-profile crypto firm to file for bankruptcy in recent days, joining the Singapore-based Three Arrows Capital (3AC) in doing so. The New York-based firm and it...
Oil Plummets Below $100 as Recession Risks Come to Forefront
(Bloomberg) — Oil posted its worst trading day in almost three months as recession fears gripped markets, outweighing a fundamentally tight supply market. Most Read from Bloomberg West Texas Int...
As BTC Plummets to $19,000, Elon Musk’s Tesla Reports $440 Million Impairment Losses
The world’s largest cryptocurrency Bitcoin (BTC) has struggled to keep up with its recovery and has been trading under pressure at a price of $19,000. After the massive price crash in the BTC price th...
Voyager Digital Plummets 60% After Revealing $661M Exposure To 3AC
Voyager Digital today announced it may issue a “notice of default” to the struggling crypto investment firm Three Arrows Capital (3AC) if it fails to make a loan repayment. Shares in the N...
The Crypto Crash is Sinking GPU Prices as Mining Profitability Plummets
Gamers rejoice! While crypto investors look for the bottom to the ongoing meltdown, the cost of graphics cards has steadily decreased amid the ongoing crypto market crash. “GPU prices dropped 15...
Natural gas plummets as Freeport delays facility restart following explosion
Smoke billows from the Freeport LNG plant in Quintana, Texas, U.S., June 8, 2022, in this still image obtained from a social media video on June 9, 2022. Maribel Hill | Reuters Natural gas prices plu...
MicroStrategy Bitcoin (BTC) Losses At $1 Billion, MSTR Stock Plummets 25%
Business Intelligence firm MicroStrategy (NASDAQ: MSTR) which has built a huge Bitcoin position on its balance sheet has seen the valuation of its holdings eroding by 25%. As of its latest filing with...
Bitcoin Plummets To $23000 ; How Long Till It Touches $20000?
Bitcoin has been bleeding for the last 48 hours. The wider crypto industry has been struggling to get over the immense choppiness. Over the last week, BTC traded between the levels of $33,000 and $28,...
Ripple price analysis: XRP price plummets to $0.3112 as sellers regain control
Ripple price analysis shows the prices are down by 14.08 percent in the last 24 hours. The selling pressure looks to persist as the general market appears to be in a consolidation mood. Prices are cur...
Bitcoin (BTC) Price Plummets to Its Lowest Level Since Late 2020
36 mins ago | 2 mins read Bitcoin News During the previous two days, the price of Bitcoin (BTC) has fallen by 20%. Celsius has banned withdrawals for users in a shocking move. Over the weekend, Bitcoi...
Meme Token King Dogecoin Lost 91% in Value Since Last Year’s High, DOGE Mining Revenue Plummets – Market Updates Bitcoin News
After a prominent rise last year, 2022 has not been too kind to the top meme coin asset dogecoin. Currently, the father of the meme coin economy, dogecoin, has lost 91% in value since the crypto asset...
Ethereum (ETH) Price Plummets to $1,462, Its Lowest Since January 2021
44 mins ago | 2 mins read Altcoin News After reaching a peak of $3573 on April 3rd, the cryptocurrency has fallen by 57.5%. Ethereum has been down 11.78% in the last 24 hours. As the weekend approache...
Over $521,000,000 in Crypto Liquidated in Just 24 Hours As Ethereum (ETH) Plummets to 14-Month Low
Hundreds of thousands of crypto traders are getting their positions liquidated as Ethereum (ETH) and the rest of the digital asset markets witness another large sell-off event. Data from cryptocurrenc...
BTC Drops Below $30K, ETH Plummets to Lowest Prices Since March 2021 (Market Watch)
After the US announced the latest record-setting CPI data, bitcoin dumped below $30,000 and registered a two-week low. The altcoins are in an even worse shape, with ETH plummeting to its lowest price ...
Terra 2.0 (LUNA) Plummets 70% To A Record Low, Here’s Why
Terra 2.0 (LUNA) price tumbled to an all-time low of $3.34 on Wednesday, down nearly 70% in a week. The market pressure, ongoing investigations on Terraform Labs and Do Kwon, and poor investors’ confi...
OpenSea’s Ethereum volume plummets 25% as global NFT interest plunges
Data from Dune Analytics shows that OpenSea’s Ethereum volume in May turned out lower than the previous month, which somewhat suggests that Ethereum may be losing the steam on NFTs or a general downtr...
Bitcoin (BTC) Price Plummets to $29.3K Significant Support Level
3 hours ago | 2 mins read Bitcoin News Indicators such as the Bollinger band have tightened their range. Bitcoin ETPs currently handle a record amount of BTC. For more than three weeks, the Bitcoin (B...
Solana Plummets Double-Digits Amid Another Network Halt
Solana (SOL), the speedy layer-1 blockchain, shed 11.1% and currently trades at $39.72, according to data from CoinMarketCap. The ninth-largest cryptocurrency with a market capitalization of $13.5 bi...
Optimism Token Plummets 65% Following Hyped Airdrop
Optimism (OP), the token powering the layer-2 Ethereum scaling solution Optimism, shed 65.6% from its listing price of $4.57 shortly after its highly-anticipated airdrop. OP currently trades at $1.57 ...
The Fed’s Christopher Waller Wants 50 bps Rate Hikes Until Inflation Subsides, US Savings Data Plummets – Economics Bitcoin News
Federal Reserve governor Christopher Waller has detailed he is ready to get behind 50 bps rate hikes until the extreme inflationary pressures plaguing the U.S. economy subsides. Waller stressed that u...
LUNA 2.0 Debut Experiences Hiccups as Price Plummets, Will Trust Remain Robust?
LUNA 2.0 has been on a rocky start based on a sharp price decline after Terra 2.0 successfully went live on May 28. The price hit highs of $18.87 but later nosedived to lows of $5, according to CoinGe...