Shark Tank investor Mark Cuban says the crypto bear market will continue, and some digital assets will collapse. In a new interview with Fortune, the business magnate says a group of crypto assets hel...
Tag: Slump
Home builder stock slump as U.S. housing starts falling faster than expected
On Thursday, June 16, home builders’ stocks dropped markedly after data came in lower for May by 14.4%. Currently, the annualized units stand at 1,549 million, despite the readings for April being the...
Dow futures slump over 500 points as post-Fed meeting gains evaporate
U.S. stock index futures slumped early Thursday, as the gains seen after the Federal Reserve’s biggest interest rate hike since 1994 quickly faded. What’s happening Futures on the Dow Jones Industrial...
Amid Ethereum price Slump, Three Arrows Dumps Millions of stETH – Coinpedia – Fintech & Cryptocurreny News Media
The price of Ethereum (ETH) has dropped about 33 percent in the previous seven days, and it is currently trading at $1,239. On the morning of June 13, the cryptocurrency market became even more panick...
Dow futures slump nearly 600 points as second day of selling in store after inflation shock
U.S. stock futures looked set to break below the lows of May, as financial markets continue to reel from a surprise acceleration in inflation just days ahead of a Federal Reserve interest-rate decisio...
Crypto Lender Celsius Stops Withdrawals, Fuels Market Slump
(Bloomberg) — Crypto lender Celsius Network Ltd. paused withdrawals, swaps and transfers on its platform, fueling a broad cryptocurrency selloff and prompting a competitor to announce a potentia...
Mfers NFT Prices Slump After Creator Pulls A Satoshi Nakamoto
Prices of popular NFT collection Mfers plummeted after the founder “Sartoshi” announced their retirement and handed the collection to the community. The floor price of the collection slumped 27% in th...
Solana Blockchain Tops $2 Billion All-Time NFT Sales Despite Market Slump
Solana is head-strong in complete command-and-conquer form, hitting new milestones left and right. It has just notched its highest all-time NFT sales volume, with over $2.35 billion as of this writing...
Lucid shares slump as worries around EV sector grow
Shares of electric vehicle (EV) startups saw selling pressure on Friday, June 3, after Tesla (NASDAQ: TSLA) CEO Elon Musk commented on job cuts. Apparently, Tesla’s CEO has a ‘super bad’ feeling about...
Massive Job Loss As Crypto Firms Cut Jobs Amid Market Slump – crypto.news
Many crypto firms are cutting costs by slashing jobs amid a prolonged market correction and a drop in cryptocurrency prices. The market downturn has spilled over into the tech sector as more companies...
Coinbase stops hiring as crypto slump continues
Crypto appears to be in the depths of its winter season, and many projects are feeling the cold. Coinbase, one of the flagships of the industry, is pulling in its horns and has stopped new hires. It h...
Gemini Exchange Lay off 10% of Its Staff Due to Cryptocurrency Market Slump
– Advertisement – Cryptocurrency winter has started affecting trading firms, as Gemini lays off 10% of its employees. Following the massive decline in the value of cryptocurrencies in rece...
Bitcoin, Ethereum Fall 5% as Markets Slump Into Correction Territory
Bitcoin (BTC) fell over 5% over the last day to retreat back under $30,000, wiping off most of its recent gains. The leading cryptocurrency gave investors a touch of hope at the start of the week afte...
Crypto Market Swims in Negative Sentiment as Market Slump Continues – crypto.news
The Fear & Greed Index has started to see some of its lowest readings recently. It is only the beginning of a downward trend as negative sentiment has reached yearly lows. Extreme Fear is Evident ...
Lumber Prices Slump With Rising Interest Rates
Lumber prices have come crashing down in a new sign of how rising interest rates are deflating markets that boomed during the pandemic. Wood prices were a leading indicator of the supply-chain problem...
Ethereum, Solana and Gaming Tokens Are Falling Fast as Crypto Slump Continues
In brief The cryptocurrency market is down 4% over the last 24 hours, continuing the fallout from the recent crypto crash. Ethereum and Solana are falling faster than the market average, along with ga...
Uniswap, Chainlink Down 8% as DeFi Tokens Slump
Several decentralized finance (DeFi) cryptocurrencies including Uniswap (UNI), Sushiswap (SUSHI), Chainlink (LINK) and 1inch Network (1inch) have suffered heavy losses over the past 24 hours. UNI, the...
AVAX, and UNI Trace Green Despite the Wider Market Slump – crypto.news
Rising inflation, a slowdown in China, and the war in Ukraine have caused investors to pull money out of risky assets such as cryptocurrencies. Bitcoin has lost about 37% of its value for the year, wh...
Solana, Avalanche, Fantom Lead Ongoing Market Slump
Key Takeaways The global cryptocurrency market capitalization fell by 4.1% today. Avalanche, Fantom, and Solana led the downturn with double-digit losses as Bitcoin extended its record streak of eight...
What does the current slump mean for adoption?
It was September 6, 2021, when the Central American nation of El Salvador decided to go ahead and purchase 200 Bitcoin (BTC), worth about $10.3 million at the time. The day was hailed as momentous in ...
Crypto Firms Dominate World Economic Forum Despite Recent Slump
Despite the recent downturn in the fortunes of the cryptocurrency market, the turbulence has not discouraged crypto enthusiasts or crypto firms from making quite a statement at the World Economic Foru...
Alibaba Leads Chinese Tech Stocks Into Another Slump. Why More Pain Could Come.
Text size Alibaba stock is down almost 30% this year. Greg Baker/AFP via Getty Images Chinese tech stocks can’t catch a break. Overseas markets have followed Wall Street lower on Thursday after the ug...
Fed to Plow Ahead on Half-Point Hikes, Undeterred by Stock Slump
(Bloomberg) — Don’t count on Federal Reserve Chair Jerome Powell to ride to the rescue of a faltering stock market — at least not yet. Most Read from Bloomberg Kansas City Fed President Es...
Coinbase To Make Hiring And Expansion Sluggish Amid The Market Slump
Coinbase plans on slowing down the hiring process as its revenue drops amid the market downtrends. The company wants to focus on other business goals that it thinks are of more importance right now, ...
Bitcoin (BTC) Price Rebounds After Recent Slump as Bulls Start Dominating
39 seconds ago | 2 mins read News Cryptocurrency is strongly associated with stock prices. The coin price would rise 6.50 percent to $32000 if there were continued demand. Bitcoin (BTC) prices continu...
Global Stock Slump May Not Be Over
(Bloomberg) — A mass exodus of money, an $11 trillion wipeout, and the worst losing streak for global stocks since the 2008 financial crisis. The bad news is that it may not be over yet. Most Re...
Bitcoin and Ether Prices Drop in Weekend Slump
Text size Bitcoin has lost 58% since its November 2021 peak near $69,000. Dreamstime Cryptocurrency investors are getting no rest on Saturday, as digital assets resumed their decline after a midweek r...
Why the Market Slump is Good News
These are the kind of days Warren Buffett lives for. U.S. stocks are plunging to fresh lows for the year as a bear-market rally from their previous lows in late May gets wiped away. Persistent high i...