This month, gold has outperformed bitcoin after crypto markets shuddered from the recent FTX collapse, and the precious yellow metal climbed 6.12% since the first of November. The U.S. housing market ...
Tag: Slump
‘Bitcoin rainbow’ indicator drops to all-time low; Can BTC slump to $10k?
After days of battling to contain further losses, Bitcoin (BTC) bulls have gained some ground stabilising the price below $17,000. In the meantime, investors are looking for signals that can trigger B...
Tesla shares slump, hit lowest levels since November 2020
Tesla (TSLA) stock slipped on Friday, hitting lows not seen since November 2020 as continued weakness takes its toll on Tesla bulls. Tesla closed down over 1.5%, dipping below $177 shortly after the o...
Tron’s DAO to Purchase $1B USDT to ‘Safeguard’ Against Market Slump
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Commodities veteran suggests Bitcoin price slump can trigger ‘macroeconomic dominoes’
The cryptocurrency market has been rocked by the FTX exchange crisis, which has resulted in a significant capital outflow from most digital assets. With assets like Bitcoin (BTC) correcting to a new y...
Flasko (FLSK) Enters Second Presale Stage While Axie Infinity (AXS) and The Sandbox (SAND) Slump
Metaverse madness has well and truly died out as of this writing – not even Mark Zuckerberg’s Meta was spared by the fallout from the metaverse bubble. Tokens like Axie Infinity (AXS) and The Sandbox ...
Single Wallet Moves 310M XRP As Price Slump: Details
– Advertisement – Whale Alert reports massive XRP transfers were recorded in the past day. Leading cryptocurrency data tracking platform, Whale Alert, has tracked the movement of a massi...
JPMorgan Warns of A Long Slump In The Crypto Markets! Here’s What You Should Know
JP Morgan: Highlighting The Red Indicators Recent opinions by expert analysts have noted the rapid depletion of venture capital in the cryptocurrency market. JPMorgan Chase & Co. strategist Nikola...
Jack Dorsey’s Block Sees Drop in Bitcoin Revenue as Consumer Demand, Crypto Prices Slump
Block, whose chairman and co-founder is Jack Dorsey, recorded an impairment charge of $2 million on its bitcoin investment during the third quarter. As of Sept. 30, the fair value of Block’s bit...
Ethereum Derivatives Slump, Signaling Strong Price Action Ahead
A few weeks back, the crypto market seemed to be dominated by derivatives for both Bitcoin and Ethereum. Additionally, during the past few months, the leverage in Ethereum (ELR) has increased to such ...
Vale Profit Misses Estimates as Iron-Ore Prices Slump
(Bloomberg) — World No. 2 iron ore producer Vale SA saw a steeper-than-expected drop in profit on slumping prices and lingering cost inflation. Most Read from Bloomberg The Brazilian mining gian...
Texas Instruments’ Forecast Signals Chip Demand Slump Is Spreading
(Bloomberg) — Texas Instruments Inc., whose chips go into everything from home appliances to missiles, dropped as much as 6.1% in late trading after its quarterly forecast signaled that the semi...
Chinese Political Makeup Stirs Massive Slump in Chinese Tech Stocks
While the stocks have a bearish sentiment at this time, the projection for the future has been keeping many investors optimistic about the Chinese markets. The current Chinese political makeup has sti...
It’s Time For Another Huge Bitcoin Breakout, Says Strategist Who Correctly Predicted BTC Slump This Year ⋆ ZyCrypto
Advertisement     Il Capo of Crypto, a popular crypto trader who foresaw the market meltdown earlier this year, now claims bitcoin is on the verge of a much-anticipate...
LiveArtX Reports Compromised Wallet, Seven Treasures NFTs Slump
Non-fungible token (NFT) platform LiveArtX is reporting that one of its wallets has been compromised in what appears to be the latest crypto heist. Details are thin on the ground at the moment, but th...
Violent S&P 500 Reversal Hammers Traders Positioned for Slump
(Bloomberg) — The stock market’s shocking reversals Thursday after a hotter-than-expected inflation report caught many on Wall Street by surprise. Just ask IUR Capital’s Gareth Ryan. Most Read f...
Bitcoin Miners Might Soon Liquidate if BTC Price Continue To Slump
The miner’s profitability could be harmed by the rising cost of mining blocks. Since the price of Bitcoin has been falling over the course of the year, from $46,000 to roughly $19,300, analysts estima...
Nasdaq 100 total returns slump for the first time in 13 years
Over the last seven trading days, the US tech sector dropped 3.1%, mostly driven by the loss in big names such as Microsoft (NASDAQ: MSFT), which lost 9.4% over the same period. Meanwhile, the Nasdaq...
Which Super Rich Still Hold Bitcoin Despite Crypto Market Slump
The American billionaire Hedge fund manager Paul Tudor Jones holds Bitcoin. What is other big investors’ approach towards BTC? In an interview, the founder of Tudor Investment Corporation, Paul Tudor ...
Ford, GM and Other Carmakers Face 50% Profit Slump Next Year, UBS Analysts Say
(Bloomberg) — Shares of automakers Ford Motor Co. and General Motors Co. took a beating Monday as outlook for the industry darkened further with at least two Wall Street analysts predicting earn...
Rivian shares are set to slump after the company announced a big recall
Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC Shares of Rivian Automotive are set to open sharply lower Monday a...
Smartphone Giant Samsung Could See Its Quarterly Profit Slump by 25%
The overall slump in the South Korean company’s quarterly profit is a reflection of the combined drop across its business segment. South Korean multinational electronics corporation and tech giant Sam...
AMD Cuts Revenue Forecast Amid Worst Slump in PC Shipments in Years
Listen to article (1 minute) Advanced Micro Devices cut its revenue forecast for the most recent quarter citing weaker-than-expected demand for the personal computers that use its chips. The chip make...
Egyptian Pound Latest African Currency to Slump to Record Low Versus US Dollar – Economics Bitcoin News
The Egyptian pound recently became the latest currency from the African continent to see its value versus the greenback slump to a record low. The pound’s fall came amidst reports suggesting the Egypt...
Air cargo rates slump but some companies see long-term strength
The cost of shipping air freight around the world is slumping, but some companies say the world’s shift to flying goods around the world will keep the market attractive for years. “I don&#...
Art Blocks Fidenza Creator Sells $17M of Ethereum NFTs Amid Market Slump
In brief QQL, a new generative art project from Tyler Hobbs and Dandelion Wist, sold nearly $17 million worth of NFTs today. Hobbs is the creator of the Art Blocks project, Fidenza, which has yielded ...
MicroStrategy Buys $6M Worth of Bitcoin Amid Market Slump
Leading American business intelligence company MicroStrategy has acquired an additional 301 Bitcoin (BTC) after revealing plans to sell $500 million in stock to add to its BTC purchase. The firm is t...