Bitcoin’s adventure above $32,000 was short-lived as the asset fell by a few thousand dollars and dipped below $30,000. The altcoins are also covered in red today, with ETH sliding to $1,800 and SOL d...
Tag: Slumps
Solana (SOL) Slumps 15% Amid Shutdown, More Losses In Store?
Solana (SOL) price slumps nearly 15% to a year low as developers shutdown Solana blockchain after a bug in the durable nonce transactions feature ceased block production for more than 4 hours. Solana ...
Bitcoin Slumps to Previous Low, Faces Stiff Resistance at $32,000
Jun 02, 2022 at 11:53 // Price The price of Bitcoin (BTC) is in a downward correction as the largest cryptocurrency has fallen above the $29,346 support level. On May 31, buyers pushed the crypt...
BTC Slumps to the Previous Low at $29.7K
Bitcoin Uptrend Doubtful as It Slumps to Previous Low at $29.7K – May 31, 2022 Bitcoin’s (BTC) upward correction has been invalidated as it slumps to the previous low at $29.7K. The largest cryptocurr...
Bitcoin Price Prediction for Today, June 1: BTC Slumps Below $30,000
The Bitcoin price prediction sees a 5.71% decline over the past few hours as the cryptocurrency falls to $29,852 and heads lower. Bitcoin Prediction Statistics Data: Bitcoin price now – $29,969 Bitcoi...
Ethereum L2 Optimism (OP) Slumps 66% In Hotly Anticipated Debut
Optimism, a popular layer-2 blockchain on Ethereum, saw its governance token OP plummet over 60% in its market debut. The blockchain began airdropping the token, OP, late on Tuesday. Early adopters of...
Gold Fields Slumps After $7 Billion Purchase of Canadian Miner
(Bloomberg) — Gold Fields Ltd. slumped after agreeing to buy Canada’s Yamana Gold Inc. for about $7 billion in an all-share deal that will make the South African miner the world’s No. 4 gold pro...
Ethereum (ETH) Slumps 7% On Doubts Over Merge Stability
Ethereum (ETH) fell sharply on Thursday after a disruption in its proof-of-stake (PoS) plans cast doubts over the upcoming merge. ETH slumped over 7% in past few hours to as low as $1,811- its lowest ...
Ethereum Slumps to Its Previous Low at $1,701 as It Bounces
May 27, 2022 at 11:50 // Price The price of Ethereum (ETH) has come under renewed selling pressure as the largest altcoin has hit its previous low at $1,701 once again. At the time of writing, Ethereu...
LUNA market cap slumps under $1 billion as the hype around the coin evaporates
The abrupt collapse of the Terra ecosystem has sent shockwaves across the cryptocurrency community over the last few weeks. When the company’s algorithmic stablecoin (UST) lost its dollar parity, ever...
Bitcoin Rejected at $30K Again, Avalanche Slumps 9% (Market Watch)
A familiar scenario occurred in the crypto market in the past 24 hours as bitcoin was rejected at $30,000 once again. The altcoins have followed suit with daily declines. Ethereum slid below $2,000, w...
Broadcom Stock Slumps Ahead Of Quarterly Earnings Due
If you’re looking for stocks that are setting up in a base ahead of earnings, here’s one that fits the bill: Broadcom (AVGO). It’s expected to report on Jun. 2 and is trading about 1...
Avalanche (AVAX) Slumps 5% In Minutes On Fears Of Terra Dump
Avalanche (AVAX) slumped on Monday as traders feared that the Luna Foundation Guard (LFG) could dump its holdings of the token. AVAX is trading at $32.41, down 6% over the past 24 hours. The token’s l...
BTC Price in a Deadlock but Slumps to $28K
Bitcoin Risks Further Decline but Slumps to $28K – May 14, 2022 On May 10, BTC/USD lost $30,000 support but slumps to $28K. For the past four days, Bitcoin has been stable above the current support. ...
Another Fantom Hack? FTM Slumps 15% After DEX Attack
Fantom (FTM), the native token on the eponymous blockchain, fell sharply after one of its largest DeFi exchanges (DEX) was hit with a hack. FTM slumped over 15% in the past 24 hours, and is now tradin...
Crypto Market Onslaught Stretches to DeFi as TVL Slumps to $114bn
With a broad-based caution being exercised by investors regarding risk assets, there have been a massive outflow of funds from Decentralized Finance (DeFi) protocols as many investors anticipate calm ...
BYND Stock Slumps 24% as Beyond Meat Q1 2022 Revenue Misses Estimates
Ahead of the earnings report, the shares of Beyond Meat (BYND) closed Wednesday’s trading session down 13.83%. The American company that produces plant-based meat substitutes Beyond Meat Inc (NASDAQ: ...
Bitcoin Price Slumps Below $32k! Here’s How Institutions & BTC Whales Are Reacting
It looks like bears have conquered the cryptocurrency market as the market has been flashing red for a month now. Now as the world’s first cryptocurrency flips below the $32,000 level. However, when w...
Coinbase Earnings Expectations Crushed on Crypto Crash as Stock Price Slumps
U.S. crypto exchange giant Coinbase is poised to release its Q1 earnings report but expectations have been battered along with company stock value on the crypto market slump. Expectations are grim for...
Bitcoin Slumps to 3-Months Low below $30K, Bearish Shockwaves Engulfs the Market
Bitcoin (BTC) slumped to its 3-month low on Monday Asia Trading Section as investors panic sold on a sustained bearish dump-off that characterised the digital currency ecosystem over the weekend. The ...
Rivian Slumps Amid Report Ford Is Selling Shares at a Discount
(Bloomberg) — Rivian Automotive Inc. fell as much as 9.6% in U.S. premarket trading after a media report that Ford Motor Co. is selling 8 million of its shares in the electric-pickup maker at a ...
Short Bitcoin (BTC) ETF Hits Over 2-Mth High As Market Slumps
An exchange-traded product that shorts Bitcoin (BTC) hit an over two-month high on Friday, as the world’s largest crypto led a sharp decline in the market. The 21Shares Short Bitcoin ETP, which trades...
Crypto market slumps to 2-month low as bulls fail to sustain the rally
After a very short recovery period in which most major assets started to move in the upward direction, the cryptocurrency market is down once again, recording its lowest results in over two months. Sp...
Demand For Polkadot Slumps; Where’s It Headed Next?
Polkadot has displayed negative sentiments on the chart today. Over the last three months, the coin had continued to hold its prices above the $14.40 price mark. At press time today, DOT was trading e...
Crypto.com slumps 30% as staking rewards are reduced
The world’s sixth-largest exchange has announced substantial reductions in rewards As a result, it’s CRO price has drastically fallen Cardholders who had an active six-month stake before Sunday will n...
Crypto.com (CRO) slumps 30% as staking rewards are slashed
Crypto exchange Crypto.com announced severe reductions to CRO staking rewards for most tiers of its VISA prepaid card which has forced the token price to fall around 30% in less than a week. Its May 1...
RobinHood’s Crypto Revenue Slumps 39%, Cautious Traders To Blame?
Trading app Robinhood said on Thursday revenue from its crypto trading unit slumped 39% in the first quarter, as volatile markets kept traders at bay. Revenue from the app’s crypto division came in at...
Robinhood Lays off Staff as Stock Price Slumps to New Low
Robinhood is axing 9% of its 3,800-strong workforce as retail investment declines and zero-fee stock trading becomes the industry norm. Once seen as a champion of small investors largely ignored by tr...
BTC Price Slumps above $40K as It Attracts Selling Pressure
BTC Price on the Verge Deeper Correction as It Attracts Selling Pressure – April 22, 2022 Today, Bitcoin (BTC) price has slumped above the $40,000 as it attracts selling pressure. Incidentally, the bu...
Terra Slumps Nearly 30% from the Monthly Highs, LUNA Price Primed to Visit $70
Terra(LUNA) which was once a high performing asset has now plunged drastically being one of the worst-performing assets this week. The main reason behind the slump is speculated as to the release of t...
Terra (LUNA) Slumps 14% This Week, Here’s Why
Terra (LUNA), the native token on the eponymous blockchain, sank to an over one-month low this week as the release of 10 million tokens into circulating supply caused a price shock. The token dropped ...
Cisco Stock Slumps. It Faces Competition From Arista and Juniper, Analyst Says
Text size Cisco Systems logo Gabriel Bouys/AFP via Getty Images Shares of Cisco Systems were falling Tuesday after the networking hardware and software giant was downgraded to a Sell by Citi. Analyst ...