Cryptocurrencies kicked off a new week with deep losses, extending weekend selling following surprisingly high U.S. inflation data and troubles for a major cryptocurrency exchange. Bitcoin BTCUSD, -1...
Tag: Tumbles
Cardano (ADA) Tumbles 85% From All-Time High as Market Falters
Cardano (ADA) has been falling inside a corrective pattern since reaching an all-time high in Sept. There are no bullish reversal signs in place yet. ADA has been falling since reaching an all-time hi...
Bitcoin Tumbles to 18-Month Low as US Inflation Impact Spreads
(Bloomberg) — Bitcoin plunged to the lowest in about 18 months in Asia trading Monday as the impact of Friday’s shock US inflation data continued to reverberate through global risk assets. Most ...
Bitcoin Tumbles Below $27K Amid Heightening Inflation Concerns
Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Good morning. Here’s what’s happening: Prices: B...
Dow tumbles as inflation reading triggers market shock waves: What investors need to know
From Wall Street to Main Street, fears that the U.S. economy could be sliding into 1970s-style “stagflation” have been percolating. References to the sticky situation appeared in news headlines all we...
CPI Inflation Rate Shock Jolts Fed Policy Outlook; Dow Jones Tumbles
The consumer price index came in hotter than expected in May, as the CPI inflation rate eclipsed March’s 40-year peak. Following Thursday’s stock market rout, the Dow Jones fell sharply a...
DocuSign Stock Tumbles on Cut to Outlook
Text size DocuSign reported fiscal first-quarter earnings well below Wall Street’s estimate. Tiffany Hagler-Geard/Bloomberg DocuSign (ticker: DOCU) shares are sharply lower in late trading Thurs...
Bitcoin Price Tumbles Again ! Who’s Causing Selling Pressure In The Crypto Market ? – Coinpedia – Fintech & Cryptocurreny News Media
The research of Aracane Research analysis says that the cumulative year-to-date return of BTC during U.S trading hours, which has dropped from 4.22% on April 1st to -32.55% in May. In result the overa...
Value of US and European IPOs tumbles 90% this year
The value of initial public offerings in the US and Europe has fallen 90 per cent this year as the Ukraine war and rising inflation and interest rates have forced businesses to shelve plans to go publ...
Institutional Investors Turn To Competitors As Ethereum Tumbles
As the crypto market has taken a turn for the worse, institutional investors are phasing out their investments in Ethereum. The digital asset had been the victim of multiple outflows that had tanked i...
Delphi Labs Wants to Shut Down DeFi Protocol Mars After TVL Tumbles 99% to $2.6M
A proposal has been made to shut down DeFi credit protocol Mars following the spectacular collapse of the UST stablecoin, and its sister token LUNA, last week. It comes as Mars’ total value locked (TV...
Weekly mortgage demand from homebuyers tumbles 12%
A sign of a home for sale is pictured in Alhambra, California on May 4, 2022. Frederic J. Brown | AFP | Getty Images Mortgage rates actually fell slightly last week, but the damage has already been do...
Fear Prevails in Crypto Market as Bitcoin Tumbles
Key Takeaways The crypto market has lost over $1.7 trillion of value in the last seven months. Terra’s recent death spiral has had an impact on market sentiment. Another downswing is possible before ...
Kava Network’s USDX tumbles to $0.65 as yet another stablecoin depegs
Kava Network’s native decentralized stablecoin USDX has lost its parity with the US dollar. This stablecoin had a market cap of more than $115 million before the depeg, according to CoinGecko. U...
Dow Jones Sells Off On Key Inflation Data; Disney Tumbles On Earnings
The Dow Jones Industrial Average cut losses early Thursday, after another round of heavy selling on Wednesday sent the major stock indexes to new correction lows. More inflation data — the Labor Depar...
Ethereum Tumbles To 10-Month Lows As Sell-Offs Intensifies
Ethereum has been on a downward trend with the rest of the market. Most notable though had been the movement of the digital asset in the last 24 hours. Ethereum which had been holding up above the $2,...
ApeCoin Price Tumbles 25% Despite This Bullish Signal, What’s Next?
Ethereum whales quietly accumulated ApeCoin (APE) in the last 24 hours. But despite this, ApeCoin prices have plummeted nearly 25% in the last few hours. Notable Ethereum whales including “Sabo,” “Blu...
Terra’s LUNA Tumbles Below $10 Amid Catastrophic Sell-Off
Alex Dovbnya Terra’s LUNA has slumped into single-digit territory after a massive sell-off Terra’s LUNA plunged below the $10 mark at 5:06 a.m. UTC on the Binance exchange, hitting an intr...
Terra (LUNA) Tumbles 95% Weekly, What Does it Mean for Do Kwon’s Multi-Million Dollar Bet?
As Terra ecosystem’s UST stablecoin untethered over the weekend, LUNA slipped frantically as well, losing approximately 95% of its value. The efforts to rescue UST continue as LFG – the entity that ac...
Ethereum Tumbles To $2.2K, Can The Bears Push ETH To $2K
Ethereum extended losses below the $2,500 level against the US Dollar. ETH even tested the $2,200 support and remains at a risk of more losses. Ethereum remained in a bearish zone and declined below $...
LUNA Price Tumbles 17%; Are You Still Holding?
LUNA price corrected heavily in today’s session with the extension of the previous week’s losses. The recent price action suggests the sellers are in no mood to give up yet that could lead to further ...
BNB Tumbles as Price Touches $372 Low
The Binance Coin price prediction may find a halt at $350 as the price is down by 0.71% after touching the daily high of $380. BNB/USD Market Key Levels: Resistance levels: $425, $435, $445 Support le...
Bitcoin’s price tumbles as much as 7% during financial markets tumult
Cryptocurrency prices fell across the board on Thursday, with bitcoin dropping as much as 7% — a move that came in tandem with a broader decline in financial markets. Bitcoin’s price dropped down from...
Bitcoin Tumbles Below $36K, Altcoins In Red Too
The crypto market has turned red even after the latest FOMC meeting. Bitcoin inches towards the $35,511 mark, and altcoins are getting a beating too. Bitcoin responded to the Federal Reserve’s 50 basi...
Crypto Market Tumbles, Here are Next Levels For LINK, UNI, FTM & VET Price
For nearly two weeks, Bitcoin’s price has been stuck in a narrow range with no substantial price movement, but a price drop below $37,000 might complicate a relief recovery. The only constants in the ...
Zillow Stock Tumbles After Selling More Homes Than Expected. Here’s Why.
Text size Zillow says it has 1,300 homes left in its inventory, most of which have sold or are in agreement to be sold or disposed. Courtesy of Zillow Faster-than-expected home sales in Zillow’s iBuyi...
Dow Jones Plunges; Tesla Dives On This Elon Musk Twitter Move; Apple, Microsoft Fall As Tech Tumbles
The Dow Jones plunged as the stock market got crushed. Tesla (TSLA) took a dive amid reports Elon Musk could become temporary CEO of Twitter (TWTR) if he completes his takeover. Apple (AAPL) and Micro...