The energy sector was suffering a broad selloff Monday, as worries that the recent bank failures will trigger an economic slowdown which saps demand for crude oil. The Energy Select Sector SPDR exchan...
Tag: Suffer
Western Alliance Bancorp stock set to suffer record selloff of over 60% to 10-year low in wake of SVB collapse
Shares of Western Alliance Bancorp WAL, -74.87% took a 62.4% plunge toward a 10-year low in premarket trading Monday, adding to last week’s tumble in the wake of the collapse of SVB Financial Group’s ...
Crypto whales suffer huge losses due to USDC depeg, SVB collapse
In response to the extraordinary depegging event of the USD Coin stablecoin caused by the collapse of its counterparty Silicon Valley Bank (SVB), crypto whales have reported severe losses and appear t...
US Judge To Decide if SBF Should Suffer Any Bail Restriction
A US court will determine the bail conditions of the FTX founder today. Previously, the court worried that SBF was communicating via untrackable means. FTX’s balance sheet shows $5.5B in liquid assets...
Crypto Traders Suffer Over $300M Losses in Liquidations as Bitcoin and Cryptocurrencies Crash
Soaring long liquidations suggest that cryptocurrency prices’ sudden nosedive caught investors off-guard. BTC, the largest cryptocurrency by market capitalization, has plummeted more than 6% in the pa...
80% of Cardano (ADA) Holders Suffer Losses: IntoTheBlock
Gamza Khanzadaev Cardano (ADA) opens third week of price decline, 80% of holders suffer losses According to IntoTheBlock, more than 80% of all Cardano holders are suffering losses right now, a figure ...
TikTok Crypto Influencers Could Suffer if US Passes TikTok Ban
A bill to ban TikTok has been advanced in the U.S. Congress that could affect crypto influencer revenue, as the firm’s parent company ByteDance eats into U.S. firms’ metaverse market share. A House pa...
London Stock Exchange (LSEG) could suffer a $60 billion blow
The London Stock Exchange (LON: LSEG) share price remained under intense pressure after concerns that it could miss a $60 billion listing. The stock retreated to a low of 7,440p on Wednesday, which wa...
Bitcoin (BTC) and Other Crypto Assets Suffer Price Dip After New Report Shows Inflation Metric Rose in January
Crypto assets across the board suffered price dips on Friday after a new U.S. Department of Commerce report indicated a critical inflation metric rose in January. The Department of Commerce’s Bureau o...
Lucid, Nikola, Lordstown Motors Suffer Underwhelming EV Production Numbers amid Macroeconomic Constraints
EV makers Lucid, Nikola, and Lordstown saw their stock decline mostly owing to disappointing failures regarding their production figures. Three electric vehicle (EV) startups that went public via spec...
Bitcoin Price To Suffer? IMF Issues Crypto Action Plan
Bitcoin Price News: The global digital asset is trading under increased selling pressure due to continuous regulatory scrutiny launched by the Financial watchdogs. The cumulative market cap has declin...
IMF Head Warns American Consumers Would Suffer If US Defaulted
(Bloomberg) — A US debt default would cause a spike in borrowing costs that squeezes American consumers as well as significant harm to the world economy, International Monetary Fund Managing Dir...
Could BNB suffer from FUD as mix-up causes bad press: Decoding…
A Bloomberg report has pointed out that Binance failed to separate users’ funds from collateral. BNB appeared to react negatively to the news, as minimal loss in value was seen. On 24 January, Bloombe...
Your Algorand [ALGO] holdings might suffer a drop in value because of this
ALGO’s price has rallied tremendously since 2023 began. However, a price reversal might be underway. While Algorand’s [ALGO] price might have rallied by about 10% in the last seven days, a steady decl...
Alameda Liquidators Suffer Massive $11.5M Blow in Just 2 Weeks
On January 13, the liquidators of Alameda Research lost $72,000 worth of digital assets as they were attempting to consolidate money into a single wallet on Aave. The liquidators made an effort to set...
If a stablecoin collapses, the US bond market and the economy will suffer
In 2022, the crypto industry saw nearly $1.4 trillion lost in collapses. Stablecoin shares a $145 billion market cap. A collapse would affect the non-crypto market due to its pegging system. Every fi...
Amazon’s Fresh Stores Likely To Suffer Amid Amazon Staff Cuts
(Photo by Niklas HALLE’N / AFP) (Photo by NIKLAS HALLE’N/AFP via Getty Images) AFP via Getty Images There are seven AmazonAMZN AMZN “Zombie” stores that appear to be ready to open but sit ...
Snowfall Protocol (SNW) Jumps 32% In a Single Day While Solana (SOL) and Dogecoin (DOGE) Suffer More Losses
The FTX fall apart created ripples throughout the crypto industry, the outcomes of which might be nonetheless apparent. Whether it turned into placing difficult brakes at the growing Solana (SOL) or i...
REGN Stock Sinks As Regeneron’s Eylea Sales Suffer| Investor’s Business Daily
Biotech giant Regeneron Pharmaceuticals (REGN) said Monday that sales of its linchpin Eylea drug in the final quarter of 2022 were hurt by a shift to an off-label competitor. REGN stock plunged on the...
TikTok Banned From Federal Devices – Will Fashion Sales Suffer?
(Photo by Chesnot/Getty Images) Getty Images The recent spending bill signed by President Biden includes an unexpected provision, “No TikTok on Government Devices Act,” which gives the government 60 d...
SBF Fights for Robinhood Shares — Says He Needs Them More Than FTX Customers Who Only Suffer ‘Possibility of Economic Loss’ – Featured Bitcoin News
Disgraced FTX founder Sam Bankman-Fried (SBF) is attempting to regain access to his Robinhood shares, worth over $460 million. The former CEO of the collapsed crypto exchange claimed that he needs the...
MATIC Holders Suffer Massive Losses, Here’s How Many Wallets Are In The Red
MATIC’s price looks to be holding up quite well in the market given current circumstances, but given how much the crypto’s price has fallen from its 2021 all-time high price, the vast majority of its ...
Bitcoin Miners Might Suffer More in 2023
Bitcoin mining, like the rest of the cryptocurrency industry this year, has taken a serious hit. As we approach 2023, with the hope that the market will flip and crypto prices will recover, industry a...
Avalanche holders caught in a snowstorm-will AVAX prices suffer?
FIDE to partner with Avalanche Blockchain. In the Defrost Finance Hack, AVAX holders lose more than $12 million. Trading volume flinches by 5%. The chess’s governing body, The International Chess Fede...
BitKeep Users Suffer a $8M Hack
BitKeep Wallet users lost $8 million due to downloading a hacked APK version. The community sense something shady. 2022, a year that witnessed the highest DeFi hacks, is about to end. But the hackers ...
Equity funds suffer largest ever weekly outflows: BofA Global
Investors withdrew billions of dollars from equity funds at a record pace in the days after the Federal Reserve, the Bank of England and European Central bank raised interest rates in mid-December and...
Binance Smart Chain User Activity Tanks, Why BNB Price Could Suffer
BNB Price has been seeing a lot of declines since Binance came under fire for the audit published by Mazars. Fear, Uncertainty and Doubt (FUD) had spread like wildfire, leading to more than $5 billion...
ETH, ADA, XRP Suffer Losses as 24-Hour Market Liquidations Rise Above $110 Million
Tomiwabold Olajide About $112 million in overleveraged positions have been blown out across whole market Cryptocurrencies suffered a second day of losses after the Federal Reserve approved a lesser in...
Hoskinson’s announcement threat or opportunity for Monero?- XMR price could suffer
Charles Hoskinson announced a possible launch of privacy protocol on ADA. The price may be affected inversely. The volume increased by more than 78%. The privacy-protocol-based platform, Monero (XMR)...
Dow falls 400 points as stocks suffer worst drop in a month after PPI data, Fed comments
U.S. stocks suffered their worst drop in a month on Thursday after hotter-than-expected data on wholesale prices and talk of more aggressive interest-rate hikes rattled markets. The S&P 500 SPX, -...