Dow Jones futures sold off early Wednesday, along with S&P 500 futures and Nasdaq futures, with Credit Suisse (CS) tumbling as its top shareholder ruled out investing more in the ailing Swiss bank...
Tag: Selloff
First Republic (FRC) Shares Rebound 40% Following Monday Selloff
First Republic recently saw its shares jump 20% as the market still recovers from the collapse of Silicon Valley Bank. The shares of First Republic Bank (NYSE: FRC) spiked 40% on Tuesday. FRC’s ascen...
First Republic shares jump as regional banks try to rebound from Monday’s selloff
A First Republic Bank branch in New York, US, on Friday, March 10, 2023. Jeenah Moon | Bloomberg | Getty Images Shares of First Republic were up sharply in early Tuesday trading as concern over the st...
East West Bancorp says ‘liquidity is strong,’ but stock suffering biggest selloff since the financial crisis
Shares of East West Bancorp Inc. EWBC plummeted 23.2% in morning trading Monday, toward their second-biggest one-day selloff, in the wake of recent bank failures, prompting the Pasadena, Calif.-based ...
Oil and gas stocks suffer broad selloff as crude prices drop in wake of SVB collapse
The energy sector was suffering a broad selloff Monday, as worries that the recent bank failures will trigger an economic slowdown which saps demand for crude oil. The Energy Select Sector SPDR exchan...
Western Alliance Bancorp stock set to suffer record selloff of over 60% to 10-year low in wake of SVB collapse
Shares of Western Alliance Bancorp WAL, -74.87% took a 62.4% plunge toward a 10-year low in premarket trading Monday, adding to last week’s tumble in the wake of the collapse of SVB Financial Group’s ...
Bitcoin Price Prediction: BTC holds $20K despite global selloff
Bitcoin Price prediction suggests consolidation in the wide range between $18,000 to $24,000 until the crypto bank Silvergate issue is resolved. BTC Price fell below its previous month low at $21,351 ...
Silvergate liquidates, Silicon Valley Bank on receivership, and crypto selloff
Last week was mainly bearish as several macro events had a detrimental effect on the industry. Major developments, such as the voluntary liquidation of Silvergate and the crash of Silicon Valley Bank ...
Critics Call Warren’s Silvergate Take ‘Terribly Misinformed,’ SVB Collapses, Vitalik’s Token Sell-Off Moves Markets, and More — Week in Review – The Weekly Bitcoin News
It’s been a turbulent week in finance with the so-called crypto-friendly Silvergate Bank announcing its liquidation, U.S. Senator Elizabeth Warren blaming the event on “crypto risk,” and individuals o...
Circle Unable to Withdraw $3.3 Billion from SVB, Causing USDC Sell-Off
Circle is a Boston-based fintech company that provides payments and investment services using blockchain technology. USDC is a stablecoin issued by Circle and Coinbase, pegged to the value of the US d...
Circle’s USDC Reserve Mishap Leads to Massive Sell-off
In May 2021, Circle, a fintech company that offers payment and trading solutions, revealed that it had discovered a massive discrepancy in its USDC reserves. Silicon Valley Bank, which was responsible...
First Republic, PacWest Plunge Amid Wider Bank-Stock Selloff
(Bloomberg) — First Republic Bank and PacWest Bancorp both plunged Friday as the upheaval at SVB Financial Group spread to other lenders. Most Read from Bloomberg Shares of First Republic tumble...
Cardano rises 6% against Bitcoin despite broad market sell-off
Ad Cardano’s ADA has risen by nearly 6% against Bitcoin despite the broad market sell-off in the last 24 hours, according to CryptoSlate’s data. The ADA/BTC spot pair on Binance increased by 0.0000008...
Signature Bank Stock Down 12% in Volatile Action as Bank Selloff Continues
While Silvergate’s demise may have rung alarm bells for investors around the durability of banks with close ties to the crypto industry, the rout has spread to more traditional lenders. Most not...
ADA Defends a Key Price Level as Market-Wide Selloff Erupted
Dan Gambardello tweeted this morning that ADA is weathering the store quite nicely. At press time, ADA’s price is down 2.83% and is trading at $0.307. ADA’s price is currently trading within a support...
SHIB and ETH May Enter Into a Large Selloff in the Coming Days
Voyager’s bankruptcy may have a strong impact on ETH and SHIB in the coming days. The bankrupt crypto lender holds $151 million in ETH and $50 million in SHIB. Binance’s $1.3 billion bid to purchase V...
Banking Selloff Goes Global After SVB Trouble. HSBC, BNP Paribas, UBS Tumble.
The selloff in the banking sector spread across the globe on Friday after SVB Financial Group said it was forced to unload assets at a loss following a decline in deposits. HSBC (ticker: HSBA.UK), Eur...
Bank stocks plummet as fears over US lender sparks selloff
Banking stocks have plunged after concerns were triggered by a struggling US lender – Daniel LEAL / AFP Stock markets have plunged in London and across Europe as concerns over the US banking sec...
Will Shiba Inu Coin Lose $0.00001 Psychological Support Amid Market Sell-off?
Published 9 seconds ago In the February month consolidation, the Shiba Inu coin showed the formation of a descending triangle pattern. Under the influence of this bearish pattern and increasing bearis...
Ethereum Coin Losses $1500 Support Amid Market Sell-off; What’s Next?
Published 10 mins ago ETH Price Prediction: the crypto market started the second week on a bearish note and hints the ongoing correction in the majority of major crypto coins will continue. As a resul...
SVB Financial stock plummets toward biggest one-day selloff in 23 years after stock offering, large losses on securities sales
Shares of SVB Financial Group SIVB, +0.16% plummeted 30.6% to pace all of the S&P 500’s SPX, +0.14% premarket losers on Thursday, which puts them on track for the worst one-day performance in 23 y...
Bitcoin Miner Reserves Fall to Yearly Lows, BTC Selloff Continues
Bitcoin miner reserves are shrinking as miners sell more of the asset to cover their expenses, according to on-chain analysis. The amount of Bitcoin held by miners has been in decline this year, with ...
Feds consolidate 40k BTC, prompting fears of imminent sell-off
Ad It seems that around 40,000 Bitcoin held in wallets linked to law enforcement seizures in the United States are currently being transferred, according to new data by Glassnode, a blockchain analyti...
Major Bitcoin Sell-Off Averted? Mt. Gox’s Largest Creditor Makes Up Its Mind
Alex Dovbnya Mt Gox Investment Fund has reportedly chosen to receive early payout in Bitcoin According to a recent report by Bloomberg, Mt Gox Investment Fund, which purchased claims against the crypt...
Bearish Momentum in ALGO Market Persists after a Strong Selloff
As bulls lose steam, the ALGO token is dominating the bearish sentiment. The Algorand price is at $0.2121, down 3.09% over the past 24 hours. If bears remain in control and the ALGO may target the $0....
Fed Chairman’s Testimony Sparks Crypto Sell-Off, BTC Falls to $22K
Bitcoin fell below $22,000, a three-week low. Fed Chairman’s hawkish remarks sparked the crypto sell-off. Traders fear US interest rate hikes and higher “terminal rate.” The cryptocurrency data tracki...
U.S. stock futures unable to rebound from latest sell-off as more Powell talk looms
U.S. stock futures were struggling to recover from the latest sell-off as worries about a more hawkish Federal Reserve continued to push up bond yields. How are stock-index futures trading S&P 500...
China Bears Brunt of Asia Tech Selloff After Hawkish Powell Talk
(Bloomberg) — Chinese tech giants led shares of Asian peers lower after hawkish comments from the Federal Reserve stoked concerns for the rate-sensitive sector. Most Read from Bloomberg The Hang...
Here are ETH sell-off expectations ahead of the 2023 Shanghai upgrade – Cryptopolitan
According to the crypto analytics platform CryptoQuant, the profit and loss of staked Ethereum (ETH) suggest that there will be less selling pressure when the staked ETH tokens are released in the Sha...
SoFi CEO Noto makes ‘opportunistic’ million-dollar stock purchase as SVB crisis fuels selloff
As SoFi Technologies Inc. shares fell Friday amid the fallout over Silicon Valley Bank’s collapse, the financial-technology company’s chief executive bought up stock. SoFi Chief Executive Anthony Noto...