Solana prices have traced a downward trend since April 2, showing signs of easing as it approaches the range low. A bounce around the present level is probable in the next few days, followed by a reco...
Tag: Sinks
ALGO sinks to lows of $0.6745 as bears heighten grip
Cryptocurrencies prices heatmap, source: Coin360 Algorand price analysis for today indicates ALGO prices opened the trading session at $0.73 and slid below $0.66 as the day proceeds. ALGO prices have ...
DeFi Total Value Locked Sinks Nearly 20% Since Start of 2022
The decentralized finance (DeFi) market has seen a sharp drop in total value locked (TVL) from the start of the year, down over 18%. Nearly all major DeFi projects and platforms have suffered losses i...
Tether (USDT) Trading Volume Sinks $4.5 Trillion in Quarterly Low
Due to negative crypto market sentiment, Tether (USDT) trading volume in the first quarter of 2022 was lower than Tether trading volume in the same period of 2021. Despite the bearish trends of the ma...
Cathie Wood Stock Pick Teladoc Sinks 40% After Slashing Forecast
(Bloomberg) — Teladoc Health Inc., a telemedicine company that is one of Cathie Wood’s biggest investments, lost almost half its value Thursday after slashing its forecast on cost inflation and ...
‘Bizarre’ Potential $7.1 Billion Tax Bill Sinks Amgen Shares
(Bloomberg) — Shares of Amgen Inc. fell the most in a year after the company disclosed that it is facing a potential tax bill of at least $7.1 billion from the U.S. Internal Revenue Service. Mos...
Amazon sinks 13% on Q1 results: ‘market is very disappointed’
Amazon.com Inc (NASDAQ: AMZN) stock sunk 10% in extended trading on Thursday after the tech giant reported weak results for its fiscal Q1 and gave disappointing guidance for the future. Notable figure...
LUNA Price Sinks 8%; Time To Rebound?
LUNA price opened the session higher with a constructive candlestick but erased all the gains as the day proceeded. The price fell like a pack of cards in a highly volatile session. However, strong su...
Tesla Sinks After CEO Musk Agrees to Buy Twitter in $44 Billion Deal
(Bloomberg) — Tesla Inc. shares fell Monday afternoon following news that Chief Executive Elon Musk is buying social media company Twitter Inc. in a $44 billion deal. Most Read from Bloomberg Sh...
Deere’s stock sinks toward 5th-straight loss after BofA downgrade on order concerns
Shares of Deere & Co. DE, -4.48% dropped 4.6% in morning trading Monday, putting them on track for a fifth-straight loss, after BofA Securities downgraded the agricultural and construction equipme...
Coinbase stock sinks toward a record low, after J.P. Morgan says it expects surprise ‘bigger loss’ in Q1
Shares of Coinbase Global Inc. COIN, -6.67% sank 7.2% in afternoon trading Thursday toward yet another record low, after J.P. Morgan analyst Kenneth Worthington cut his stock price target by about 31%...
Enphase Energy Stock Sinks as Analyst Reviews Sector
Enphase Energy Inc (NASDAQ:ENPH) is sinking today, last seen down 11.3% to trade at $158.40 , after the equity attracted a price-target cut from Piper Sandler to $220 from $230. The brokerage firm is ...
Alcoa Sinks as Aluminum Shipments Fall in Sign of Waning Demand
(Bloomberg) — Alcoa Corp. sales slumped as prolonged supply chain disruptions curbed shipments, raising concern that the tie-ups may erode customer demand for metal. Most Read from Bloomberg The...
Ripple (XRP) Trading Volume Sinks By $436 Billion in Quarterly Low
Ripple’s XRP recorded a quarterly trading volume that was three times lesser than the volume recorded in the first quarter of 2021. According to Be[In]Crypto Research, the first quarter of 2022 saw a...
Flow Blockchain NFT Sales Volume Sinks By $165 Million
The Flow blockchain took a further step back in NFT sales volume during the month of March after experiencing a 28% dip in sales from January 2022. March was an arduous month for several areas of the...
DiDi Global Sinks on Delisting Plans and Revenue Drop
(Bloomberg) — DiDi Global Inc. tumbled Monday, after the Chinese ride-hailing giant said it’s planning to delist its U.S.-traded shares before it finds a new venue for the stock. Most Read from ...
NBA Top Shot Sinks More than $178 Million in Sales to Yearly Lows
NBA Top Shot dropped further in sales volume during March – down 50% from Jan. March proved to be a difficult month for several areas of the crypto community, with non-fungible tokens (NFTs) becomin...
Russian Warship Moskva Sinks Off Ukraine, State Media Reports
Topline The Russian warship Moskva sank in the Black Sea, Russian state-owned news outlet RIA Novosti said Thursday, two days after Ukrainian forces claimed to have launched a missile attack against t...
JPMorgan’s profit sinks 42% YoY in fiscal Q1
Shares of JPMorgan Chase & Co (NYSE: JPM) opened nearly 4.0% down on Wednesday after the Wall Street bank reported lower-than-expected net income for its fiscal first quarter. Notable figures in J...
Polkadot price analysis: DOT sinks below $19, shedding another eight percent. More correction ahead?
TL;DR Breakdown The Polkadot price analysis is strongly bearish. Resistance for DOT is present at the $19.7 level. Support for DOT is present at $17.7. The Polkadot price analysis shows a sudden decre...
Uniswap Trading Volume Sinks to New Lows in March
Uniswap saw a plunge in trading volume during the month of March, the lowest the DEX has recorded since September 2021. March proved to be a great month for cryptocurrencies but areas such as non-fun...
Pakistan Default Risk Soars, Currency Sinks on Political Turmoil
(Bloomberg) — Pakistan’s political upheaval is adding to a surge in the nation’s default risk and triggering off further losses in the nation’s bonds and currency. Most Read from Bloomberg A no-...
Tiger Global’s Hedge Fund Sinks 34% This Year as Key Stocks Fall
(Bloomberg) — Things have gone from bad to worse at Tiger Global Management’s flagship hedge fund. Most Read from Bloomberg The vehicle fell nearly 34% in the first quarter, due to poor-performi...
Bored Ape Yacht Club (BAYC) Sales Volume Sinks By $200 Million
Bored Ape Yacht Club waned in sales volume in Feb after the non-fungible token marketplace saw a 64% dip in total liquidity from the previous month. NFT marketplaces experienced a strong hit of negati...
Russian consumers rush to snap up Chinese smartphone stocks as the rouble’s value sinks
Major Chinese Android smartphone brands are seeing robust demand this month in Russia, boosted by increased local consumer spending on essential electronics devices, as international sanctions against...
Netflix Stock Sinks To Lowest Point Since March 2020 Amid Increased Competition
Topline Netflix’s stock on Monday sank to its lowest point since the start of the coronavirus pandemic in March 2020, with investors continuing to sell shares of the popular streaming service as it fa...
Alibaba stock sinks toward 6-year low as China ADRs take another dive
The U.S.-listed shares of Alibaba Group Holding Ltd. BABA, -6.68% sank 4.6% toward a six-year low in premarket trading Monday, as the China-based e-commerce giant continues to suffer from a broad sell...
Tencent Stock Sinks on Report of Record Money-Laundering Fine
Text size Tencent headquarters in the southern Chinese city of Shenzhen, in Guangdong province. Noel Celis/AFP via Getty Images Tencent Holdings dropped almost 10% after The Wall Street Journal report...
Stock Market Sinks After Inflation Hits 40-Year High
The U.S. stock market resumed its meltdown Thursday after the consumer price index showed the highest inflation since 1982. The main stock indexes today gapped down at the open, a day after posting st...
Amazon’s price targets are slashed and stock sinks after first quarterly loss in seven years
Amazon.com Inc. shares sank more than 12% in Friday trading after the e-commerce and tech giant reported its first quarterly loss in seven years. Amazon AMZN, -14.05% fell to the lowest level since Ju...