Data shows the Ethereum mining hashrate has declined over 10% in the last month as miner profitability has dropped. Ethereum Mining Hashrate Takes A Dip, Now Only Around 862 TH/s As pointed out by an ...
Tag: Plunges
Bitcoin Slips plunges to $20K: chances of recession are high
A small relief rally appeared to reverse recession fears in the larger global markets, as Bitcoin (BTC) dropped to below $20,000 during Asian trading hours on Wednesday. High recession risk The bear m...
Stock Market Reverses Higher As Powell Testifies; This Growth Index Plunges 3.6%
Stock market indexes reversed higher after opening lower Wednesday, as Fed Chairman Jerome Powell made a report on monetary policy to Congress. Oil stocks continued to slide, however. X The Nasdaq com...
Voyager Digital Plunges on Three Arrows Exposure, Analyst Downgrade
“The 3AC exposure raises survivability questions for VOYG,” Chris Allen, an analyst with boutique investment bank Compass Point said in a note to clients Wednesday. “With 3AC contemp...
Stock Market Could Crash Another 20% If U.S. Plunges Into Recession—These Industries Are Most At Risk
Topline As a growing number of investment banks and company chiefs warn the likelihood of a recession is increasing, analysts at Morgan Stanley are telling clients that the stock market—despite reelin...
Babel Finance Halts Withdrawals as Crypto Market Plunges
Babel Finance, a cryptocurrency lending firm based in Hong Kong, on Friday, announced that it has temporarily paused the withdrawals and redemption of crypto assets. The move comes as the crypto lende...
Bitcoin Plunges Below $20,000 After Recent Fed’s Historic Rate Hike
Yuri Molchan King crypto has gone below the $20,000 level, losing its price milestone achieved five years ago Bitcoin has finally lost the crucial level of $20,000 where it had been holding for a whil...
Bitcoin Plunges Below $20K for First Time Since December 2020; Ether Drops Below $1K
Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Bitcoin (BTC) sank below $20,000 for the first t...
El Salvador Faces Turmoil as Bitcoin Value Plunges
El Salvador’s bet on bitcoin is looking more and more risky as the cryptocurrency’s value plunges. Last year, the Central American country became the first in the world to make bitcoin le...
Dow Jones Plunges; Tesla Stock Dives Amid This Elon Musk Move; Apple Crumbles
The Dow Jones Industrial Average undercut a key level as stocks suffered a Fed hangover. Tesla (TLSA) dived after CEO Elon Musk made a Twitter (TWTR) move. Apple (AAPL) and Nike (NKE) were big blue ch...
Stock Market Plunges To New Lows As This Leading Sector Sells Off
It didn’t take long for the bears to come off their one-day break. After surging Wednesday, the stock market indexes went right back to heavy losses, as the leading energy sector saw some of the...
Dow Plunges 700 Points As Fed Rally Evaporates Amid Fears That A Recession Is ‘Inevitable’
Topline Markets tanked on Thursday as recession fears surged once again, with stocks reversing gains from the previous session when the Federal Reserve announced it would hike rates by 75-basis-points...
Ethereum Plunges to $845 for Second as Liquidity on Uniswap Remains Problematic
Arman Shirinyan Someone could potentially buy second largest cryptocurrency on market with 15% discount Once again, Ethereum took a massive plunge down because of the lack of liquidity on the Uniswap ...
Bored Ape Floor Plunges Below $100K
The floor price of Bored Ape has dropped NFT Prices Collapse Investors are leveraging the opportunity Costs and deals of non-fungible tokens (NFTs) have kept on crashing as bears totally assume contr...
Shiba Inu (SHIB) Profitability Plunges To Hell As Bloodbath Continues
The market crash has been especially brutal for meme coins such as Shiba Inu and Dogecoin. These coins had recorded impressive numbers in the bull runs of 2021 but the real test had come once the mark...
Bored Ape Floor Plunges Below $100K as NFT Prices Collapse
Prices and sales of non-fungible tokens (NFTs) have continued to crash as bears completely take over the broader crypto market. Popular collections such as the revered Bored Ape Yacht Club (BAYC) were...
MicroStrategy’s Stock Plunges 20% Daily as Company’s BTC Position Down $1B
MicroStrategy, the largest corporate BTC holder, is once again in the red on its massive bitcoin position. Moreover, the company’s stocks have gone on a freefall today, with a double-digit price slump...
Dow Plunges Over 700 Points, S&P 500 Enters Bear Market Territory As Inflation Fears Roil Markets
Topline The stock market tanked Monday morning, with the S&P 500 falling back into bear market territory as investors nervously look ahead to the Federal Reserve’s upcoming policy meeting, with la...
Celsius Plunges as Network Halts All Withdrawals
By Daniel Shvartsman Investing.com — Celsius plunged in late Sunday (ET) trading in a move that both reflected and amplified the tremors running through the crypto-currency ecosystem. Citing ...
Crypto Market Plunges Below $1T Amid Inflation-Driven Selloff
Share this article The total cryptocurrency market cap has fallen below $1 trillion for the first time since January 2021. Crypto in Crisis Crypto investors appear to be rushing for the exit after mo...
Bitcoin Plunges Below $25K, Lowest Level Since December 2020
Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Bitcoin (BTC) plummeted under $25,000 on Monday ...
Crypto plunges to its worst over the weekend as US inflation hits a 40-year high
Bitcoin and Ether suffered losses over the weekend as cryptocurrencies fell on Sunday amid a broader selloff by the crypto sector following data showing US inflation hitting a new 40-year high. Bitcoi...
Ethereum (ETH) Plunges to $1,400 with No Relief in Sight
Alex Dovbnya Ethereum is having another terrible day, plunging by almost 13% over the past 24 hours Ethereum (ETH), the biggest alternative cryptocurrency, collapse to $1,423 earlier this Sunday on th...
BTC Price Resumes Downtrend as It Plunges Below $28K
Bitcoin Encounters a Breakdown as It Plunges Below $28K – June 11, 2022 Bitcoin’s (BTC) price is trading below the moving averages as it plunges below $28K. The bears have broken below the $29,078 su...
$230M ETH Positions Liquidated in a Day as Ethereum Plunges Below $1.6K
Ethereum is among the most substantial loser on a daily scale, as the asset plummeted to its lowest position in over a year. Naturally, this has caused mass pain for some traders, as the ETH liquidate...
Peter Brandt’s Ethereum Prediction of $1,268 In Play After Difficulty Bomb Delay Announcement Plunges ETH to $1,660
– Advertisement – The announcement of the difficulty bomb delay could further plunge the price of Ethereum to the levels predicted by Peter Brandt. Following news of the Ethereum (ETH) “Di...
Revlon Plunges After Report It’s Preparing Bankruptcy Filing
(Bloomberg) — Revlon Inc. plunged 53%, the biggest one-day drop on record, after distressed debt news outlet Reorg reported that the cosmetics empire is preparing to file for bankruptcy. Most Re...
Ethereum To Delayed Merge?, ETH Price Plunges Below $1,700
Ethereum has broken below $1,700 since July 2021. At that time, ETH’s price was reacting to the downside due to an increase in selling pressure across the crypto market. Related Reading | TA: Ethereum...
Dow Plunges 750 Points After ‘Very Troubling’ Inflation Report Fuels Fears Of Impending Recession
Topline Federal Reserve Board Chairman Jerome Powell testifies before a Senate committee in January. ASSOCIATED PRESS Key Facts Though at one point positive in pre-market trading, the Dow Jones Indust...
Real Capitulation Will Kick Off When Ethereum (ETH) Plunges Below This Critical Level, Warns Top Crypto Analyst
A popular crypto analyst says Ethereum (ETH) could undergo a massive correction once it dips below a key psychological level. Pseudonymous analyst Capo tells his 336,100 Twitter followers the price of...
Mortgage Demand Plunges To 22-Year Low As ‘Worsening’ Affordability Deters Buyers—But Here’s Why Prices Will Still Rise
Topline Mortgage rates plummeted last week in the latest sign rising interest rates have started to temper demand in the booming housing market, but experts note plunging demand won’t quickly pu...