Ether (ETH), the second-largest cryptocurrency by market capitalization, has seen a constant decline in exchange supply over the past six months post-Merge. The Ethereum network underwent a major upgr...
Tag: Plunges
BNB Token Plunges as Binance, Paxos Shutter BUSD Stablecoin Product
The recent regulatory action against Paxos and Binance over the partnership’s dollar-pegged stablecoin has spooked investors. Following the crackdown from the SEC and the New York Department of ...
Carry trade opportunities emerge as Hibor plunges
The USD/HKD exchange rate pulled back slightly as the Hong Kong dollar peg came under severe strain. The pair declined to 7.8440, the lowest point since February 3 after Hong Kong authorities increase...
Global crypto market cap plunges below $1 trillion as regulatory concerns wipeout 2023 gains
The world of cryptocurrency is experiencing a turbulent phase as regulatory fears have rocked the market, leading to a significant loss in overall industry valuation. Major digital assets, such as Bit...
1.2 Billion Dogecoin Moved By Anon Addresses as DOGE Plunges 13% Weekly
Yuri Molchan Whales have made large Dogecoin transfers while DOGE price shows major decline in past week Major tracker of large crypto transactions Whale Alert has spotted three consecutive transfers ...
Lyft Stock Plunges As Earnings Fall Short
Lyft (LYFT) got pounded Friday as 19 equity analysts either cut their price targets or lowered ratings after the company reported fourth-quarter results that fell below expectations and offered a firs...
Is It The End Of The Road For AI Crypto Rally As Fetch.ai Price Plunges 14% In 24 Hours?
Join Our Telegram channel to stay up to date on breaking news coverage AI crypto prices exploded in January following renewed investor interest in similar projects, some outside the crypto purview. To...
Coinbase Stock Plunges After SEC’s Action Against Kraken
Kraken trading volume slipped more than 35% in the last 24 hours Analysts say that the market may mirror the impacts of the SEC ruling Bitcoin trading volume slipped by 22% in last 24 hours Krake...
Optimism Airdrops $30M Worth of OP Tokens, Price Plunges 13% Daily
The long-awaited second airdrop of Ethereum’s layer-two scaling solution – Optimism – is here. The protocol distributed a total of 11.7 million OP tokens to over 300,000 addresses. The price of OP dro...
Coinbase stock plunges 14% as staking ban fears spread
Yesterday, Brian Armstrong, CEO of Coinbase, the largest cryptocurrency exchange in the US, sent shockwaves through the cryptocurrency markets with a single tweet. 1/ We’re hearing rumors that ...
Lumen stock plunges toward levels not seen in 34 years amid a ‘reset’
Shares of Lumen Technologies Inc. were tumbling to levels not seen since 1988 Wednesday as the telecommunications company, which provides voice, broadband and other services, pressed the reset button ...
Bitcoin Volume On Most Exchanges Plunges, Binance’s Hits ATH
Data shows the Bitcoin volume dominance of Binance has hit a new all-time high as activity on other exchanges has fallen recently. Binance Accounts For 95% Of Bitcoin Volume Among Bitwise 10 Exchanges...
Dow Jones Drops Ahead Of Key Powell Speech; Pinterest Plunges On Earnings
Dow Jones futures were little changed ahead of Tuesday’s open after the Dow Jones Industrial Average fell 34 points Monday. Federal Reserve Chair Jerome Powell will speak Tuesday at the Economic...
GBP to USD Weekly Forecast – British Pound Plunges During Tough Week
GBP to USD Forecast Video for 06.02.23 British Pound vs US Dollar Weekly Technical Analysis The British pound has broken down rather significantly during the course of the trading week, slicing throug...
Edible Garden Plunges After $10.2M Equity Offering
Edible Garden AG Inc (NASDAQ: EDBL) has priced its upsized underwritten public offering of 1.6 million units, with each unit consisting of one share and one warrant to purchase one share. Each unit is...
Hanesbrands stock plunges toward biggest selloff in 15 years after relatively high dividend eliminated, warning of a Q1 loss
Shares of Hanesbrands Inc. HBI, -27.38% plummeted 20.7% in morning trading Thursday, putting them on track for the worst one-day performance in nearly 15 years, after the T-shirt and underwear seller ...
Stock plunges following Q4 results
Snap (SNAP) reported its Q4 2022 earnings on Jan. 31, meeting analysts’ expectations on revenue and user growth, but clocking a net loss and weak guidance for this year’s Q1. Here are the ...
3M Stock Plunges In Response To Lower-Than-Expected Revenue
Education Images/Universal Images Group via Getty Images Key takeaways 3M posted lower-than-expected revenue for the fourth quarter of 2022 The company is cutting approximately 2,500 jobs 3M stock pri...
Market Trades In Red As Bitcoin Falls By 1.89%, Ethereum Plunges By 5.42%
Crypto Prices Today: The market is trading in red today as significant coins fall. As of writing, Bitcoin slips by 1.89% in the last 24 hours. Ethereum is down by 5.42%. Cardano decreased by 7.15%. So...
Bitcoin SV Plunges Against BTC After Robinhood Delisting
Robinhood will no longer support the bitcoin fork favored by Craig Wright, the Australian computer scientist who has claimed to be pseudonymous Bitcoin developer Satoshi Nakamoto. The move has sent Bi...
Ripple CTO Criticized Flare Network as FLR Token Plunges
Alex Dovbnya Schwartz commented that buyers of Flare could continue to receive subsequent airdrops even if they sold their original holdings, something that he believes undermines incentive for holdin...
Flare Network Plunges 87% As Long Awaited Airdrop to XRP Holders Goes Live
The highly anticipated Flare Network (FLR) airdrop to XRP holders has finally taken place, and has so far resulted in a sell-off for the long-awaited token. Flare Network, with its native FLR token, a...
Crypto Derivatives Trading Volume Plunges in December As Sector Reckons With FTX Fallout: Report
A new report from blockchain market data provider CryptoCompare shows a massive decline in crypto derivatives trading activities last month following the collapse of industry giant FTX in November. In...
Bitcoin and ether down; Silvergate plunges 40%
Crypto prices steadied while stocks tied to digital assets sank on ratings news and financial results. Bitcoin was trading at roughly $16,800 by 1 p.m. ET, down 0.3%, according to TradingView d...
Mortgage Demand Plunges As 2022 Ends
Getty Images Key takeaways After months of turbulence and interest rate hikes, mortgage demand declined during the holidays Total mortgage demand (measured by new mortgage applications) plunged 13.2% ...
Mortgage demand plunges, as interest rates rise
A ‘For Sale’ sign stands in a vacant lot near new homes in Dunlap, Illinois. Daniel Acker | Bloomberg | Getty Images After a brief reprieve in the first half of December, mortgage interest...
Shipping Stocks – ZIM Stock Price Plunges into Pacific Ocean (52-Week Low)
Zim’s stock price hit an 18-month low of $16.23. Investors have been seeing bearish weekends for the past five weeks in a row. ZIM, Zim Integrated Shipping Services Limited, is doing poorly so far. Th...
SOL/USD Plunges Below $10.24 Resistance
Join Our Telegram channel to stay up to date on breaking news coverage According to the daily, the Solana price prediction shows that SOL is yet to climb above the 9-day and 21-day moving averages. So...
Credo stock plunges toward record loss after largest customer cuts purchases
Shares of Credo Technology Group Holding Ltd. plummeted toward a record one-day selloff after the data infrastructure networking company disclosed that its largest customer cut demand for its products...