Alex Dovbnya A combination of regulatory crackdowns, selloffs in equities, concerns over higher interest rates, and the proposed tax on electricity used in cryptocurrency mining have contributed to Bi...
Tag: Plunged
Hut 8 Increased its Bitcoin Holdings by 65%, Yet Revenue Plunged
Canada-based cryptocurrency miner – Hut 8 Mining – released its financial results for the year and quarter that ended December 31st, 2022. The company managed to increase its mining production by over...
United Natural Foods stock plunged toward a 1 1/2-year low after big earnings miss and lowered full-year outlook
Shares of United Natural Foods Inc. UNFI, -0.92% plunged 20.8% toward a 19-month low in premarket trading Wednesday after the grocery wholesaler reported fiscal second-quarter profit that missed by a ...
XMON price plunged by 98% in just 5 minutes
The utility token of the “neural net generated” non-fungible token (NFT) collection, XMON, saw a massive drop on March 2. According to data provided by CoinMarketCap (CMC), the XMON price dropped by ...
America’s 401(k) millionaires have plunged by a third
America’s ranks of so-called 401(k) millionaires are diminishing following last year’s stock market rout. The number of 401(k) accounts with at least $1 million in retirement savings fell ...
Bed Bath & Beyond stock falls again, has plunged more than 70% during a 12-day stretch in which it has declined 11 times
Shares of Bed Bath & Beyond Inc. BBBY, -7.12% took a 6.8% beating Thursday, which put them on track for a third-straight loss and a seven-week closing low. The stock has shed 16.6% over the past t...
Crypto Scam Revenue Plunged by 46% in 2022: Report
Last year was less profitable for crypto scammers as their revenue plunged nearly 50% in 2022, according to a new study by blockchain analytics firm Chainalysis. The blockchain company noted that the ...
Yum China Profit Plunged 89% In 4th Qtr As Covid Wave Hurt Spending
A Pizza Hut and a KFC restaurant operated by Yum China in Shanghai last year. Photographer: Qilai … [+] Shen/Bloomberg © 2021 Bloomberg Finance LP Widespread Covid outbreaks in mainland China in...
VC crypto funding plunged 91% since 2022
Venture Capital (VC) and other investments plunged 91% year-on-year but improved 48% month-to-month. In the crypto market, the largest funding share in January was from infrastructure projects, accoun...
Coinbase Stock Plunged Around 6% in One Week
Coinbase Global, Inc., is an American publicly traded company, which is currently the third-largest crypto exchange by volume traded. It can be said that the exchange has been hit hard by a mixture of...
Lucid (LCID) Stock Price Plunged Nearly 80%, Should You Keep It in the Portfolio?
NASDAQ:LCID share price has been falling steadily for the past four weeks. In the last one year, investors have lost about 82.7 per cent. As per the Fib retracement, LDIC stock may rebound towards the...
Bitcoin plunged 65% in 2022 as Terra, FTX went up in flames
In case you missed it: Crypto prices plunged this year thanks to industry gaffes and the wider — and very damaging — macroeconomic environment. The global crypto market capitalization plunged to...
Worst Solana Tokens This Week: Chainlink, Terra Classic, Arweave Amongst The Coins That Plunged
Worst Solana Tokens This Week: The overall prices of crypto tokens have been down today. Following this, the tokens in the Solana chain are also trading in negative. Tether has been in neither nor los...
BinaryX’s BNX token has plunged by over 50% in the last 24 hours
BinaryX’s token BNX, a blockchain game under Binance Labs, has fallen by over 50% within the last 24 hours after peaking at its all-time high of $175 over the previous ten days. BNX has increased more...
The personal savings of Americans have plunged to a shockingly low $626 billion — from $4.85 trillion in 2020. Here are 3 easy ways to buck that dangerous downtrend
The personal savings of Americans have plunged to a shockingly low $626 billion — from $4.85 trillion in 2020. Here are 3 easy ways to buck that dangerous downtrend When Americans were receiving stimu...
The average 401(k) balance plunged a nasty $29,000 over the past year — but these 3 large-cap stocks have protected investors from the pain (and could do it again in 2023)
The average 401(k) balance plunged a nasty $29,000 over the past year — but these 3 large-cap stocks have protected investors from the pain (and could do it again in 2023) 2022 continues to deliver a ...
Vodafone share price plunged after earnings: buy the dip?
Vodafone (LON: VOD) share price plunged by more than 6% on Tuesday after the company published weak results. It plunged to a low of 97.82p, the lowest level since Friday 28. This drop made it the seco...
Carvana stock price has plunged: will it go bankrupt?
Carvana (NYSE: CVNA) stock price has plunged in 2022, making it one of the worst-performing technology and consumer discretionary stocks. The shares dropped to a low of $8.76, which was its lowest lev...
Gala Games Dismisses Hacking Speculations After GALA Plunged 90%
Blockchain-based gaming platform Gala Games claimed that “everything is fine” after reports of billion-dollar-rug pull surfaced. It all started with a misconfiguration of the pNetwork bridge triggerin...
Best place to buy Roku stock: it’s plunged 18% on loss forecast and shrinking Ad revenue
Roku stock price has taken a hit in the Pre-Market hours after the company forecast a wider-than-expected Q4 loss citing pressure on advertisers’ budgets. The pre-market pledge comes a day after the s...
Are Bitcoin Miners Earning Minimum Reward as Hash Price Plunged to Historic Lows?
The revenue of Bitcoin (BTC) miners continues to dwindle, given that hash price has nosedived to historic lows of $66,500 per Exahash, according to Glassnode. The market insight provider explained: &#...
Axie Infinity Plunged to 16-Month Lows, Active Players Drained Massively
Wahid Pessarlay AXS price dropped to a 16-month low level with the number of average monthly active players at 22-month lows AXS, the main utility token of the popular play-to-earn (P2E) online game A...
Used car prices just plunged 10% over the past year — here are the market segments that fell the furthest
Used car prices just plunged 10% over the past year — here are the market segments that fell the furthest Despite the Fed’s aggressive rate hikes, inflation remains a big concern. In September, consum...
Polygon Volume Plunged since ETH Merger – MATIC Price Prediction
Polygon is a Layer-two blockchain aiming to provide a faster and more scalable Ethereum experience. However, it is more than just a simple scaling solution and has garnered some attention over the las...
GPU mining revenues plunged in September – Hive Blockchain
Hive Blockchain, a Bitcoin miner, stated that GPU mining revenue decreased “dramatically” following The Merge. GPU mining is only a small part of what it does. In September, GPU mining produced 44% le...
Bitcoin: A tale of how naysayers were plunged into losses in last 24 hours
Following the release of the September Inflation Report Data that showed that the consumer price index (CPI) rose 8.2% in September on a 12-month basis, the cryptocurrency market was hit momentarily b...
Mark Zuckerberg’s net worth has plunged by more than $70B this year — the most among the 500 richest people. Here are 3 big reasons it could sink even more
Mark Zuckerberg’s net worth has plunged by more than $70B this year — the most among the 500 richest people. Here are 3 big reasons it could sink even more The world’s richest people have lost a...
Bitcoin And Ethereum Plunged, Bringing the Whole Market In Reds
The Merge hasn’t pushed crypto prices as expected. Instead, the third week of September has kicked off with more reds than greens. The entire market has plunged, and even the overall market cap droppe...
‘Ultra Sound Money’ — Post-Merge Stats Show Ethereum’s Issuance Rate Plunged After PoS Transition – Coinotizia
Months before Ethereum transitioned from proof-of-work (PoW) to proof-of-stake (PoS), a simulation of The Merge had shown the network’s issuance rate would drop following the ruleset change. Statistic...
‘Ultra Sound Money’ — Post-Merge Stats Show Ethereum’s Issuance Rate Plunged After PoS Transition – Technology Bitcoin News
Months before Ethereum transitioned from proof-of-work (PoW) to proof-of-stake (PoS), a simulation of The Merge had shown the network’s issuance rate would drop following the ruleset change. Statistic...
Personal savings have plunged — how to boost your savings in case of a recession
As red flags go, this is a big one. The personal savings of Americans have plunged this year, hitting $629 billion in the second quarter of 2022, according to data from the Federal Reserve Bank of St....