A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, August 29, 2022. Brendan McDermid | Reuters After a tumultuous year for financial markets, Standard Chartered outlin...
Tag: Plunge
Salesforce Executives Have Millions Of Reasons To Leave Amid Share-Price Plunge
Salesforce executives are jumping ship as the company’s stock price plunges. Getty Images Executives at Salesforce are jumping ship. Co-CEO Bret Taylor put in his notice last week, saying he wan...
Standard Chartered expects Bitcoin to plunge to $5K in 2023
A group of analysts within the financial service provider believes the Bitcoin price is way beyond reaching the end of its drop zone, citing more red signals come 2023. Bitcoin price will drop to $5K,...
S&P 500 could plunge 20% in coming months as recession hits, BofA warns
The stock market could face another tumultuous year in 2023, with the S&P 500 experiencing a dramatic correction if the U.S. tumbles into a recession, according to Bank of America strategists. In ...
Cardano: Assessing the state of ADA after its November plunge
Cardano ended November with the highest development activity ADA started December with the highest staked ratio amongst all Layer 1 tokens Leading layer 1 blockchain Cardano [ADA] closed November with...
‘It has been a nearly continuous plunge.’ My accounts are down 13% this year, but my financial adviser hasn’t made a single adjustment — and is still taking his 1%. Do I even need him anymore?
Getty Images/iStockphoto Question: I have heard it a thousand times: “People make more money with a financial advisor, don’t lock in your losses, stay invested,” etc. So I started with a financial adv...
Bitcoin Hashrate Continues Sharp Plunge As Miners Give Up
Data shows the Bitcoin mining hashrate has continued its sharp plunge in the past week, as miners give up due to low revenues. Bitcoin 7-Day Average Mining Hashrate Has Rapidly Gone Down Recently Acco...
Stock market could plunge another 24% next year, Bank of America warns
The stock market is not out of the woods yet and could face further volatility next year as a result of the Federal Reserve’s quantitative tightening, according to Bank of America strategists. I...
Bitcoin Price Could Plunge Below $16,000 Due To China’s Civil Uproar
Bitcoin, after falling down to around $15,600 on November 22, has managed to climb back up to the $16,000 region thanks to the bulls that exerted every ounce of effort to pull the maiden crypto from s...
Bitcoin To Plunge Further? Long-Term Holders Ramp Up Selling
On-chain data shows Bitcoin long-term holders have ramped up their selling recently, something that could lead to further plunge in the crypto’s price. Bitcoin Exchange Inflow CDD Has Spiked Up Over T...
FOMC Minutes Goes Public Tomorrow – BTC & ETH Values Continues to Plunge
The U.S. FOMC minutes reports are yet to release on November 23, 2022. Despite the reports, prices of ETH and BTC continue to decline. The fall of ETH hit its lowest point of $1,081.14 today. The F...
Cardano: Will ADA plunge below $0.3? Yes, as per this BTC maximalist who claimed…
Cardano’s price would trade below $0.3 before 2022 ends, according to a Bitcoin maximalist who asked the token holder to sell it for BTC. Price action indicated that ADA might fall further from its cu...
Oil Prices Plunge As Economic Woes Intensify—Here’s Why That Means Gas Prices Could Soon Fall Below $3 Per Gallon
Topline Oil prices plummeted to 10-month lows Monday morning after stark warnings from Chinese officials shed light on the nation’s increasingly worrisome Covid outbreak—highlighting the uncerta...
Did Bitcoin (BTC) Price Plunge as Grayscale Refused to Show Proof-of-Reserve?
Proof-of-Reserve, first published by Binance was believed to be the one basis on which the financial stability of the exchanges could have been ascertained. Meanwhile, some of the exchanges including ...
Fintech banking app Dave wants to dispel doubts after 97% stock plunge
Mobile banking app provider Dave has enough cash to survive the current downturn for fintech firms and reach profitability a year from now, according to CEO Jason Wilk. The Los Angeles-based company g...
Mortgage rates just took the biggest plunge since 1981 — but analysts say the market is ‘not out of the woods yet’
Mortgage rates just took the biggest plunge since 1981 — but analysts say the market is ‘not out of the woods yet’ Mortgage rates tumbled by their biggest weekly drop in four decades after new data su...
Leading Ethereum Rival To Plunge by Over 40% Amid FTX Collapse, Predicts Coin Bureau Host
Coin Bureau host Guy is sending out a warning that a top Ethereum (ETH) competitor faces more downside risks in the FTX fallout. The Coin Bureau host tells his 2.17 million YouTube subscribers that th...
Home prices could plunge 20% amid risks of ‘severe’ correction, Dallas Fed says
U.S. home prices could tumble as much as 20% as the highest mortgage rates in two decades threaten to trigger a “severe” price correction, according to research from the Federal Reserve Ba...
AFRM Stock Under the Dilemma of Bearish Plunge or Bullish Jump?
San Francisco based fintech company, Affirm Holdings has not been through any major development or turbulence, AFRM stock price tumbled though. Recently there was no specific news within the industry ...
ZoomInfo Shares Plunge on Disappointing 2023 Outlook
ZoomInfo Technologies shares hit an air pocket Wednesday after the company issued disappointing guidance for 2023 at an RBC Capital Markets investment conference. ZoomInfo (ticker: ZI) Chief Financial...
Solana’s 54% TVL Plunge Leads DeFi Decline
The total value locked (TVL) across major DeFi protocols — as well as related smart contracts — has dipped outside the bounds of typical volatility since the collapse of FTX. Though the declines so fa...
Crisis For Already Struggling Bitcoin Miners: Revenues Plunge 15% In 7 Days
Data shows the already struggling Bitcoin miners have received another blow this week as their revenues have plunged by 15%. Bitcoin Daily Miner Revenues Sharply Declined Following Price Crash As per ...
FTX falls 15.8%, Solana & Dogecoin plunge by 12%
Cryptocurrency Prices Today 14th Nov: Cryptocurrency markets witnessed their worst seven-day run since June 2022, following Terra’s meltdown during the weekend as crypto prices continued to fall. The ...
Ethereum on Brink Of 40% Crash – ETH Price May Plunge To 3-Digit in Coming Weeks
Cryptocurrencies retain the bearish mood into the weekend after a turbulent week, with both Bitcoin and Ethereum slumping. On Saturday, Bitcoin fell beneath $17,000 once more after another development...
Bitcoin Bull Run Is Not Happening Soon! BTC Price May Plunge Hard To These Bottom Levels
The FTX-Alameda drama has sent a bearish shockwave to the entire crypto market, wiping nearly 20% of the total global crypto market capitalisation since FTX’s native token collapse. Moreover, the rece...
Over 100k crypto traders liquidated amid price plunge – crypto.news
Over one hundred thousand traders have lost their investment this week as the crypto market experience a drastic fall in price. Crypto market sets another liquidation record Liquidations in the crypto...
JPMorgan Thinks Bitcoin Could Plunge to $13K Following the FTX Crisis
JPMorgan’s team, led by Nikolaos Panigirtzoglou, predicted that the price of bitcoin could drop to $13,000 due to the turmoil following the FTX collapse. The cost to produce BTC has also fallen consid...
SHIB Burn Rate Tumbles by 95% After Market Plunge
Contents Shiba Inu burning mechanism Current state of Shiba Inu burn The burn rate of the biggest memecoin on the market is on a massive decline after the cryptocurrency market entered the deepest blo...
Why Sandbox (SAND) Price Could Plunge by Another 40%
The Sandbox (SAND) price fell to a new yearly low on Nov. 8. It could continue decreasing towards the next long-term support area. SAND is the utility token of the Sandbox metaverse. The Sandbox game ...
China’s 100 Richest See Record Plunge In Wealth—Down 39% To $907.1 Billion
Robin Zeng Paul Zinken/picture alliance via Getty Image This story is part of Forbes’ coverage of China’s Richest 2022. See the full list here. Mainland China’s economic, political and pandemic woes h...
Carvana Shares Plunge to Record Low as Used-Car Prices Fall Fast
(Bloomberg) — Carvana Co. wiped out about half of its market value in just two trading sessions as the stock plunged to an all-time low on deepening gloom about used-car sales. Most Read from Bl...
FTX stablecoin reserves plunge as community fears bankrun
The crypto community fears FTX might cause another Terra-like crash after the stablecoin reserves on the exchange fell significantly over the last 24 hours. FTX stablecoin outflow leads other exchange...