The Argentine Football Association’s crypto fan token ARG plummeted as Argentina played Saudi Arabia in the FIFA World Cup Tuesday, going from roughly $7.20 at the start of the match to a low of $4.96...
Tag: Sinks
Bitcoin Price Sinks to Lowest Level in 2 Years
At $15,649, Bitcoin has hit its lowest price since November 2020, as per CoinGecko data. The latest price crash represents a fall of over 26% from $21,418 on November 5, before word of any of FTX’s f...
Argentina’s shock defeat in the 2022 world cup Sinks football fan token
According to CoinGecko data, as Argentina faced Saudi Arabia in the FIFA World Cup on Tuesday, the value of the Argentine Football Association’s crypto fan token ARG fell precipitously, dropping from ...
Oil Sinks as China’s Struggle With Covid Blights Demand Outlook
(Bloomberg) — Oil sank again following the biggest weekly decline since August as China tightened anti-Covid curbs, hurting the outlook for demand. Most Read from Bloomberg Global benchmark Bren...
Crypto market cap sinks to pre-2021 levels; Is more doom ahead?
As one of the worst crises continues to wreak havoc across the cryptocurrency industry, its market capitalisation has suffered a tremendous blow, knocking it down to levels not seen for years and well...
Oil Sinks as Ominous Demand Signals Gather on Multiple Fronts
(Bloomberg) — Oil tumbled as everything from Wall Street sentiment to sagging demand for physical barrels of crude pointed toward an economy headed toward a slowdown. Most Read from Bloomberg Br...
Bitcoin Sinks Amid Crypto’s Latest Debacle
Bitcoin was recently trading just below $16,700, down 1.4% over the past 24 hours as Bitcoin investors resumed their defensive posture of the past week. Ether was recently changing hands at about $1,2...
Chainlink (LINK) Price Sinks, Threatening to Breach Yearly Lows
The Chainlink (LINK) price is trading close to the support line of a corrective pattern. A breakdown from it could trigger a 50% decrease. The Chainlink price has been trading inside a horizontal rang...
Silvergate stock sinks 12% on FTX links
Crypto bank Silvergate shares tanked 12% as the ripple effects of FTX’s collapse continue. Last week, the La Jolla-based crypto bank said its exposure to FTX was limited to deposits, but ...
SoftBank Sinks 12% After Loss and No New Buyback Program
(Bloomberg) — SoftBank Group Corp. shares plunged as much as 12% Monday in its biggest intraday drop since the outbreak of the pandemic in early 2020, after the company failed to announce a wide...
2K Dormant Bitcoin Moved After 11 Years as BTC Sinks
– Advertisement – Whales have moved about 2,000 bitcoin that had been dormant for 11 years amidst a BTC crash to a 2-year low of $16,600. Bitcoin (BTC) has been hit hard by the persisten...
Tether dollar peg sinks 1.7% as FTX-induced turmoil persists
The Tether (USDT) stablecoin showed signs of wavering on Nov. 10, sinking as low as $0.9806 as market uncertainty continues to reign. Source: USDTUSD on TradingView.com The fallout from FTX’s insolven...
Bitcoin sinks under $16K as FTX insolvency fears turn into contagion
Crypto markets crumbled for a second day as the fallout from FTX’s liquidity troubles continued to negatively impact investor sentiment. Throughout the day Bitcoin (BTC) price dropped, falling to a ne...
The Navy’s “Analysis Paralysis” Sinks Chances For New National Shipyard
It’s time for action to save the Navy’s Attack Submarine Fleet U.S. Navy The Navy’s four “national shipyards” have been studied to death. After spending millions of the $21 billion Shipyar...
Crypto Market Sinks As Binance Acquires FTX
Crypto Price Today Latest Updates: The crypto market is facing extremely bearish conditions as the FTX crisis continues to unfold. Bitcoin prices fell by more than 8% in the last 24 hours. This brings...
Redfin Sinks After Real Estate Company Is Downgraded Over ‘Flawed’ Model
(Bloomberg) — Redfin Corp. sank to a fresh record low after an Oppenheimer analyst downgraded the stock and said the real estate company’s model was “fundamentally flawed.” Most Read from Bloomb...
FTX Crisis Sinks Crypto Market, Bitcoin Falls
Crypto Price Today Latest Updates: The crypto price is struggling today as sentiments grow more negative. The FTX crisis and the resulting withdrawal are causing a massive selloff in the crypto market...
Weekly Macroslate: Fed Chair Powell remains hawkish while BOE seem confused, lack unanimity and lose all credibility as the pound sinks along with the British economy
Macro Overview Powell is not ready to pause Investors are looking for a sign of a slowdown from Fed chair Powell, which they initially thought they were getting despite a fourth consecutive 75bps hike...
S&P 500: The $5.5 Trillion Big-Cap Tech Stock Wipeout Sinks To A New Low
The cratering of big-cap technology and tech-related S&P 500 stocks is reaching epic proportions. And amazingly, it’s getting worse. X Five of the 15 stocks in the Solactive FANG Innovation ...
Coinbase Revenue Down 28% as Trading Volume Sinks Amid Brutal Bear Market
Coinbase reported net revenue of $576 million for the third quarter on Thursday, down 28% from $803 million the previous quarter. Transaction revenue fell 44% compared to the second quarter as fewer u...
Bitcoin breaks $21,000 as open interest sinks, spot volumes rise
After weeks of failing to break the tough resistance, Bitcoin surged above $21,000. The few short hours it spent above $21,000 before a slight correction brought some much-needed confidence back into ...
Twitter facing lawsuit over staff layoffs, Dogecoin sinks 9%
Twitter is facing a class-action lawsuit over its plans to cut 50% of its workforce following Elon Musk’s takeover of the social media platform, Bloomberg News reported on Nov. 4. Since taking charge,...
Carvana Sinks on Earnings Miss, Bleak Outlook on Used-Car Demand
(Bloomberg) — Carvana Co., the online platform for used-car sales, reported third-quarter results that missed Wall Street expectations, citing a deteriorating economy and softening demand for pr...
Altice USA stock sinks after tough third quarter earnings
Igor Golovniov | Lightrocket | Getty Images Altice USA‘s shares dropped more than 20% and trading in the stock was briefly halted Thursday, after the company posted a weak earnings report. The c...
Crypto.com Trading Volume Sinks by 91%
The price slumps One Year After ‘Brave’ Matt Damon Ad Crypto.com spent $700 million for naming rights for the Los Angeles Damon ad made the rounds in crypto circles for a few months Regardless of whic...
XPeng stock sinks toward 11th-straight weekly decline after Citi swings to bearish from bullish
Shares of XPeng Inc. XPEV, -6.39% sank 7.5% toward a record low in afternoon trading Friday, after Citi Research analyst Jeff Chung swung to bearish from bullish on the China-based electric vehicle ma...
Amazon stock sinks after holiday forecast and cloud growth, profit disappoint; $150 billion in market cap at risk
Amazon.com Inc. predicted Thursday that holiday sales and profit would come in well lower than analysts expected as cloud growth slowed and Amazon Web Services profit missed expectations by nearly $1 ...
Spotify stock sinks another 13% post-earnings as investors digest declining margins
Spotify (SPOT) stock continued to sink on Wednesday following the company’s disappointing third-quarter earnings results. Shares were down 13% as of the market close, with analysts from JPMorgan...
Bitcoin weathers macro headwinds as Dow Jones sinks
Since mid-September, Bitcoin has been “crabbing,” or moving sideways, between $18,100 and $20,500. The noticeably flat price action has given rise to remarks such as BTC is dead and forex trading is t...