Following the Terra LUNA and UST fallout, digital currency markets have dropped in value as the crypto economy dropped 6.93% from $1.356 trillion on May 22, to today’s $1.262 trillion. Amid the market...
Tag: Shrinks
Whale Buys 87 Billion SHIB, While Shiba Balance of Top Investors Shrinks
Yuri Molchan Close to 87 billion meme tokens have landed in the wallet of this major Ethereum whale, who prefers LINK and USD stablecoins Contents 86.7 billion Shiba grabbed by this whale SHIB balance...
Tech layoffs and hiring freezes increase as cheap money shrinks
The job market in the tech industry is starting to show some cracks. On Tuesday, streaming giant Netflix (NFLX) confirmed it is laying off 150 workers amid slowing demand. That same day, e-commerce gi...
Shib Army Destroys 450 Million SHIB as Whales’ Shiba Balance Shrinks
Yuri Molchan Shiba Inu community has burned another substantial chunk of its favorite meme token, removing this large part of SHIB from circulation Contents 450 million SHIB gone for good Whales’...
SGX Sees Jumps in Derivative Markets as STI Shrinks -1.5%
The Singapore Exchange (SGX), an investment holding company located in Singapore, recorded increases across various derivatives products on its exchange in April. Total traded derivative contracts on ...
U.S. economy unexpectedly shrinks as recession concerns loom
On April 28, the U.S. Commerce Department estimated that the growth of the U.S. economy was the weakest since spring 2020, in essence shrinking unexpectedly. Despite the latest news, global stock ma...
BTC Exchange Balance Shrinks, Outflows Rise
In the past two years, BTC saw a sharp surge in its price. One of the major reasons behind the spike was its record demand driven by limited supply on leading exchanges. In its recent on-chain analysi...
Covid-19 Spread In China Hits Nike, Adidas Supplier; Billionaire Chairman’s Fortune Shrinks
Supply chain disruptions have challenged global suppliers and their customers during the Covid … [+] pandemic. Photographer: David Paul Morris/Bloomberg © 2021 Bloomberg Finance LP Shenzhou Inte...