Recently, the digital asset industry is undergoing an alarming spell that has caused global disruption. Investors have lost hundreds and thousands of dollars in a market-wide crash. The plunging price...
Tag: Plunges
Dow Jones Rallies; Twitter Plunges After Elon Musk Says Deal ‘Temporarily On Hold’
The Dow Jones Industrial Average rallied 250 points early Friday after the major stock indexes dug into new correction lows Thursday before a mixed close. Twitter stock plunged after Elon Musk placed ...
Anchor token plunges 70% amid worsening UST and Luna crisis
Anchor Protocol’s token called Anchor (ANC) has lost more than 70% in the last day, in part due to a sharp decline of overall deposits on the protocol and TerraUSD (UST) stablecoin failing to meet its...
As Ark’s flagship fund plunges 76% from its peak, Cathie Wood still views her stocks as residing in ‘deep value territory’
The wheels have really come off the wagon of the stock market and Cathie Wood’s ARK Invest has, arguably, seen the most dramatic fall from its parabolic rise, amid the current downdraft in markets. Ho...
Bitcoin Price Plunges By 50% Since November All-Time High ⋆ ZyCrypto
Advertisement     On Monday, May 9, BTC reached its lowest level since the summer of 2021. The price of the top cryptocurrency fell below $31,600. According to CoinGec...
Terra Price Analysis: LUNA Plunges 75% in 24 hours, Why is the Cryptocurrency Price Crashing?
Terra(LUNA) has had a cyclonic week with the cryptocurrency falling at a whooping rate. The crypto asset is experiencing drastic days as the whole cryptocurrency market starts rallying bearish notifyi...
Unity Software’s stock plunges nearly 30% on weak revenue guidance
Unity Software Inc.’s. stock U, -4.47% plummeted 29.3% in extended trading Tuesday after the software company reported fiscal first-quarter results that were largely in line with Wall Street ana...
UST Stablecoin Declines as Crypto Market Plunges
Terra’s stablecoin UST drops to its all-time low as the crypto market takes a swing lately. The coin, which was supposed to be close to $1, dropped to the $0.70 level, despite the large sum funneled i...
Stock Market Losses Pile Up As Nasdaq Plunges 3.5%; Now This Sector Crumbles
The stock market continued to melt down in afternoon trading as the Nasdaq’s losses exceeded 3% and indexes traded around session lows. X Energy stocks, which had been holding up, fell broadly a...
TerraUSD Stablecoin Plunges Below $0.95
Key Takeaways The price of TerraUSD has fallen below $0.95, an amount five cents lower than the coin’s intended $1.00 price peg. The stablecoin’s price began to slip on the weekend, then r...
Serious ‘Ripple’ Warning After Massive $400 Billion Crypto Crash Suddenly Plunges Bitcoin, Ethereum, BNB, XRP, Solana, Cardano, Terra’s Luna And Avalanche Into Free Fall
Bitcoin BTC , ethereum and other major cryptocurrencies have suddenly crashed, wiping $400 billion from the combined crypto market since Friday. Subscribe now to Forbes’ CryptoAsset & Blockc...
Palantir Earnings and Outlook Fall Short of Estimates. The Stock Plunges.
Text size Palantir guided to a ‘base case’ of $470 million in revenue for the second quarter. Dreamstime Palantir Technologies posted soft first-quarter results, along with June quarter gu...
Rivian Hits New Low, Stock Plunges Nearly 20% As Early Investors Offload Shares In ‘Jittery Market’
Topline Rivian’s stock tanked by almost 20% and hit a new low on Monday as the company’s IPO lockup period ended, giving some early investors—including Ford, according to reports—their first chance to...
Block Q1 BTC Revenue Plunges 51% Amid General Market Turbulence
Block Inc’s Cash App recorded a total Bitcoin (BTC) sale of $1.73 billion in the first quarter of 2022, a figure that plunged by over 51% from the prior quarter. Cash App comes off as one of the most ...
Terra (LUNA) Plunges 14% as UST Briefly Loses Its Peg
Alex Dovbnya Terra’s biggest stablecoin briefly lost its peg. Supporters claim it was a coordinated attack, but critics disagree The price of Terra (LUNA) has plunged more than 14% over the last 24 ho...
US Fed hikes interest rates, Bitcoin plunges below $36K, and Argentina’s central bank says no to financial institutions offering crypto: Hodler’s Digest, May 1-7
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, pr...
Over $407,000,000 in Crypto Liquidated in Just 24 Hours As Bitcoin (BTC) Plunges to Four-Month Low
Tens of thousands of crypto traders are having their positions liquidated as markets across numerous sectors close out the week in the red. Data from the cryptocurrency futures trading and information...
Illumina Stock Plunges Despite Strong Results, Gene-Sequencing Sales
Text size Illumina turned in stronger financial results than expected. Dreamstime The gene-sequencing supplier Illumina delivered on its March quarter financial forecasts, as global demand for genetic...
$400 Million Liquidated on Crypto Market as Bitcoin Plunges to $36,000
A total of $400 million worth of long orders were liquidated on the cryptocurrency market in the last 24 hours following the massive plunge of Bitcoin to $36,000, per CoinGlass. The first cryptocurren...
Dow Jones Plunges; Tesla Dives On This Elon Musk Twitter Move; Apple, Microsoft Fall As Tech Tumbles
The Dow Jones plunged as the stock market got crushed. Tesla (TSLA) took a dive amid reports Elon Musk could become temporary CEO of Twitter (TWTR) if he completes his takeover. Apple (AAPL) and Micro...
Dow Plunges 1,100 Points, Tech Shares Crater As Stocks Erase Gains From Post-Fed Rally
Topline The stock market moved sharply lower on Thursday, reversing all of its gains from the previous session when the Federal Reserve raised interest rates by a half-percentage point, as volatility ...
Trust in Dogecoin Plunges in U.S. (but There’s Silver Lining)
Alex Dovbnya Fourteen percent of U.S. adults intend to buy Dogecoin this May According to a recent survey of 4,400 consumers published by global decision intelligence company Morning Consult, trust in...
SOL Plunges as Bots Spam Solana’s Candy Machine
The NFT minting infrastructure of Solana caused a network outage as the new month kicked off. The seven-hour breakdown is reportedly the result of bots taking over the minting tool Candy Machine on So...
Tether (USDT) Q1 Trading Volume Plunges To $5.3 Trillion In Quarterly Low
With the chaotic phase that the crypto market is going through, Tether (USDT) trading volume in Q1 of 2022 plunged lower compared to the same quarter of last year. The total Tether transaction for the...
Dow Jones Dives; Tesla Stock Falls As Elon Musk Reveals This; Amazon Plunges Despite Bullish Calls
The Dow Jones Industrial sank as the stock market plunged. Tesla (TSLA) fell late after CEO Elon Musk made a declaration regarding his Twitter (TWTR) takeover. Amazon (AMZN) cratered on earnings despi...
Amazon stock plunges 14% in biggest one-day drop since 2006
Even mega-cap tech giant Amazon couldn’t bear up against the macroeconomic headwinds that imperiled Corporate America last quarter. Shares of Amazon (AMZN) plunged 14% on Friday, marking the retail be...
Nasdaq Posts Worst Month Since 2008 And Dow Plunges 900 Points: Market Sell-Off Continues
Topline Stocks plunged on Friday and hit new lows for 2022, wrapping up a brutal sell-off this month as investors continued to dump tech shares amid ongoing uncertainty around an economic slowdown cau...
Amazon Stock Plunges On Surprise Q1 Loss, Weak Near-Term Outlook
Updated at 5:42 pm EST Amazon Inc (AMZN) – Get Amazon.com, Inc. Report posted a surprise first quarter loss Thursday, thanks in part to a $7.6 billion write down on its investment in EV maker R...
Cathie Wood’s Ark Fund Plunges To Two-Year Low As Teladoc Stock Crashes, Tesla Slips Again
Topline New York City-based Ark Invest’s flagship fund posted staggering losses Thursday as top holdings like Tesla, cryptocurrency exchange Coinbase and virtual healthcare firm Teladoc slumped ...
Teladoc stock plunges more than 30% after earnings outlook slashed, massive impairment charge
Shares of Teladoc Health Inc. were slammed in after-hours trading Wednesday, after the telemedicine company took an impairment charge of more than $6.5 billion and slashed its full-year outlook. Telad...