Wahid Pessarlay NFT sales volume drops to 16-month lows, according to CryptoSlam data According to data compiled from CryptoSlam, the monthly trading volume of non-fungible tokens (NFT) plunged to 16-...
Tag: Sinks
ADA value sinks to $0.3673 low after bearish drive
The Cardano price analysis is confirming a bearish trend for the day as a decreasing price movement has been observed. Bears have been leading the market for the past 24- hours, and the price has been...
Tesla Sinks 50% From November Record High as Troubles Pile Up
(Bloomberg) — Tesla Inc. shares tumbled about 50% from their all-time high, amid a broader selloff in the US stock market that has hit growth and technology companies especially hard. Most Read ...
Plug Power stock sinks after revenue warning, as supply chain issues offset ‘robust’ demand
Shares of Plug Power Inc. PLUG, -5.04% sank 7.0% in premarket trading Friday, after the hydrogen and fuel cell systems company said 2022 revenue could be 5% to 10% below previous guidance, as some lar...
Cardano community remains defiant after ADA sinks to 21 month low
“I think I just developed a new lower low for caring about prices , especially ADA. It’s been like this for a while and the bear market is here to stay. Might as well just chill.” Many other commenter...
ApeCoin Sinks 10% After Report of SEC Probe Into Bored Apes Creator Yuga Labs
In brief The price of ApeCoin has fallen nearly 10% over the past 24 hours. The price fell sharply after a report that the SEC is investigating Bored Ape Yacht Club creator Yuga Labs. The price of the...
ARK Crypto Fund Sinks to New Lows; Get the Fed on the Phone
Before the U.S. Federal Reserve’s (Fed) next policy decision on Nov. 2, Ark Invest’s Catherine Wood said the central bank was making a policy mistake that would result in deflation. In an open letter,...
Bitcoin sinks as US payroll data shows 263K new jobs added in September
The U.S. Bureau of Labor Statistics (BLS) released non-farm payroll data for September showing employment had increased by 263,000 jobs. The U.S. unemployment rate currently stands at 3.5%, below the ...
AMD Sinks After Early Peek at Revenue Shows Steep Shortfall
(Bloomberg) — Advanced Micro Devices Inc.’s preliminary third-quarter sales missed projections by more than $1 billion, adding to concerns about the sputtering market for personal-computer chips...
XRP value sinks to $0.4443 low after a bearish drive
Ripple price analysis shows that the market is bearish in the short term. The XRP/USD pair is currently trading at $0.4443 and is facing resistance at $0.4743, however, a break above this level could ...
Pound Sinks Again As IMF And Moody’s Rebuke U.K. Tax Cuts
Topline London stocks and the British pound both fell Wednesday morning—after the International Monetary Fund (IMF) and credit ratings agency Moody’s rebuked the U.K. government over planned tax cuts ...
Chainlink Price Spikes Above $7 While Bitcoin Sinks Below $20,000
Among other investment assets, cryptocurrency is prominent when it comes to volatility in prices, including altcoins such as Chainlink. While an uptrend matters a lot to daily traders, dipping could b...
At Least 73 Dead As Migrant Boat From Lebanon Sinks
Topline At least 73 people were killed when a boat carrying Lebanese and Syrian migrants to Europe sank in the Mediterranean Sea Thursday, Syrian officials announced on state TV Friday morning—one of ...
Tellurian Stock Sinks on Withdrawal of Bond Sale for LNG Project
Text size Tellurian said it withdrew the bond deal “due to uncertain conditions in the high-yield market.” Spencer Platt/Getty Images Tellurian shares were tumbling Tuesday after the natur...
Bitcoin sinks again ahead of this week’s FOMC meeting
Bitcoin (BTC) fell to lows of $18,255 on crypto exchange Coinbase to see the world’s largest digital asset by market cap touch its lowest price levels since the crypto rout recorded in June 2022. The ...
Bitcoin Sinks to $18.5K Due to Regulatory, Interest Hike Concerns
Bitcoin fell to a three-month low as cryptocurrencies took a dip on Monday ahead of global monetary tightening concerns and amid regulatory concerns. According to Bloomberg, the largest digital token ...
LUNA sinks 20% after South Korea issues arrest warrant for Do Kwon
Terra’s LUNA declined 20% on the news that South Korea has issued an arrest warrant for its founder Do Kwon. #PeckShieldAlert $LUNA has dropped -20% https://t.co/rlzA0Miahb pic.twitter.com/z398HMOBgz ...
Bitcoin sinks 5% after CPI numbers; ETH PoW fork is expected Sept. 15
The biggest news in the cryptoverse for Sept. 12 includes Bitcoin’s 5% price fall after the CPI report, Ravencoin seeing an increase in hashrate and price, and the Canadian Prime Minister’s criticism ...
Bitcoin sinks as CPI inflation hits 8.3%, shortening odds of 3rd consecutive 75 bps hike
The price of Bitcoin sank following the release of Consumer Price Index (CPI) data by the U.S. Bureau of Labor Statistics (BLS), showing a 0.1% increase in August, taking the unadjusted value to 8.3%....
Terra Falls Back Down to Earth: LUNA Sinks 38% From Recent High
In brief The price of Terra’s LUNA has fallen 38% since last Friday’s sudden surge. LUNA Classic (LUNC) has also dropped significantly, but both coins have still gained a lot of value over the past we...
NIO stock sinks toward 3-month low after wider-than-expected loss, downbeat outlook
Shares of NIO Inc. NIO, +2.40% sank 5.7% toward a three-month low in premarket trading Wednesday, after the China-based electric vehicle maker reported a wider-than-expected second-quarter loss as rev...
UiPath Stock Sinks on Cut to Fiscal-Year Revenue Forecast
Text size UiPath, the robotic-process automation software company, cut its revenue outlook for the fiscal year. Courtesy UiPath UiPath stock was sinking Wednesday after the robotic-process automation ...
Helium (HNT) Sinks to New Yearly Low: Biggest Weekly Losers
Be[in]Crypto takes a look at the five cryptocurrencies that decreased the most last week, more specifically, from Aug 26 to Sept 2. These cryptocurrencies are: Helium (HNT): -24.24% Ankr (ANKR): -15.3...
Helium Sinks 15% Following Proposed Move to Solana
In brief Helium’s HNT has lost significant value since developers proposed a plan to move the network over to Solana. Overall, HNT is down 32% over the past week and 47% in the last 30 days. Helium co...
BYD Sinks as Buffett’s Stake Sale Fuels Fears of More to Come
(Bloomberg) — Traders rushed to sell BYD Co. after Warren Buffett’s Berkshire Hathaway Inc. trimmed its stake in the Chinese electric vehicle maker, fearing that the legendary investor may be ge...
Hawkish Fed Rhetoric Sinks Crypto Stocks
The stocks of companies related to cryptocurrencies have slumped, as Bitcoin slipped below $20,000 in the aftermath of increasingly hawkish rhetoric from the Fed. Shares of cryptocurrency miners Marat...
Bitcoin Sinks Below Realized Price, Bear Not Over Yet Afterall?
On-chain data shows the Bitcoin price has now once again dipped below the realized price, suggesting the bear market may not be over afterall. Bitcoin Earlier Broke Above Realized Price, But Has Now F...
Once Again Euro Sinks to Lowest Level Against US Dollar
5 hours ago | 2 mins read Market News The US dollar has overtaken the Euro for the second time in 20 years. The Euro exchange rate recorded its low value in September 2002. For the second time in 20 y...
Nio shorts may have covered too soon, as EV maker’s stock sinks to more than 2-year low
Shares of Nio Inc. sank to the lowest prices seen in more than two years, disappointing not only bulls, but also likely the many bears who have just covered their short positions. While short selling,...