MATIC’s price loses its $1 support as the price trades to a region of $0.8. MATIC’s price continues to look bearish with the market’s current state, as things look uncertain for most traders and in...
Tag: Turmoil
BTC at 2-Year Low, ETH Down 20% as FTX Turmoil Leads to Crypto Bloodbath – Market Updates Bitcoin News
Bitcoin plunged to a two-year low on Wednesday, as the FTX token sell-off continued to weigh on cryptocurrency markets. After an initial 30% slide, FTX token fell by as much as 80%, as Binance confirm...
Can USDT’s market cap sail Tether’s boat through the ongoing market turmoil
The USDT transaction volume reached a new high over the last four months according to Glassnode’s latest tweet posted on 7 November. With multiple factors in favor of USDT, it appears that the stablec...
Binance CEO: Crypto Is the ‘Only Stable Thing’ Amid Financial Turmoil
Despite a crypto crash that has seen Bitcoin tumble over 70% from $69,000 to its current value of around $20,000, Binance CEO Changpeng ‘CZ’ Zhao argued that cryptocurrency is “proba...
Gibraltar Will Focus on Stablecoins and DeFi Lending After Market Turmoil
Gibraltar Financial Services Commission (FSC) wants to bring decentralized finance lending and stablecoins into “sharp focus,” William Gracia, Head of distributed ledger technology (DLT) and markets a...
California’s gas-car phaseout brings turmoil to mom-and-pop gas stations
Gas station owner Charles Khalil believes a forthcoming mandate that all cars sold in the state be zero emission will imperil mom-and-pop operators such as himself. (Christina House / Los Angeles Time...
Millennials and Gen-Z flock to buy digital gold amid economic turmoil
As the festive season approaches amid the prevailing macroeconomic factors, most investors are increasingly showing a preference for digital gold as an investment option. In particular, digital gold ...
Millennials and Gen-Z flock to buy digital gold amid econmoic turmoil
As the festive season approaches amid the prevailing macroeconomic factors, most investors are increasingly showing a preference for digital gold as an investment option. In particular, digital gold ...
LSEG is keeping ‘resilient’ in the face of U.K.’s economic turmoil
London Stock Exchange Group plc (LON: LSEG) ended in the red on Friday even though the financial information company reported a strong Q3 in the face of economic turmoil in the United Kingdom. Notable...
There’s good news hidden’ in the current market turmoil
This post was originally published on TKer.co Stocks ended another volatile week lower with the S&P 500 declining 1.6%. The index set a closing low of 3,577.03 on Wednesday and an intraday low of ...
FX Strategists From Citi Say Euro Could Sink to $0.86 if Macro Turmoil Continues – Economics Bitcoin News
While the euro has found support between 0.96 to 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could tap a low of around $0.86 against the greenback....
BTC Pound Volume Skyrockets To All-Time High Amid Currency Turmoil
Bitcoin is showing signs of recovery, recording a 5.3% price pump for the past week to trade at $20,129, according to tracking from CoinGecko as of this writing. Here’s a quick look of what has transp...
Credit Suisse Market Turmoil Deepens After CEO Memo Backfires
(Bloomberg) — Credit Suisse Group AG was plunged into fresh market turmoil after Chief Executive Officer Ulrich Koerner’s attempts to reassure employees and investors backfired, adding to uncertainty ...
Bond Market Turmoil Could Last a While. How to Ride It Out.
It is an exciting time for fixed income—and a terrifying one, too. Central banks are in the midst of the most dramatic tightening of monetary policy in a generation, which has helped push yields on so...
Today’s Stock Market Turmoil Is A Bullish Confirmation
Swirling arrows atop green light getty First and foremost, know this: The U.S. economy and financial markets are not tanking. They are undergoing a massive change that will provide not only investment...
Bitcoin (BTC) Price Holds Ground in Q3 Despite Global Financial Turmoil
Bitcoin (BTC) managed to hold its ground in Q3 of 2022, posting a neutral performance despite overwhelmingly negative sentiment in traditional markets, created by another interest rate hike, increasin...
Bitcoin decouples from legacy markets amid macro turmoil
On September 29, Bitcoin Magazine Analyst Dylan LeClair noted Bitcoin had started to “decouple” from the S&P 500. His charts below show an upturn in the difference between the two as the S&P 5...
Stocks extend sell-off as Fed fears, currency turmoil persist
U.S. stocks had yet another losing session Monday, as the S&P 500 hit a new 2022 closing low and the Dow Jones Industrial Average’s decline put the index officially into a bear market. Equit...
Shiba Inu Adds Nearly 36,000 Holders Since June Despite Crypto Market Turmoil
The price trend of Shiba Inu has been following the rest of the cryptocurrency market and remains negative. Notably, SHIB is still seeking to reclaim the high points it reached last year, when the val...
Pantera Capital’s CEO suggests blockchain growth will continue despite economic turmoil
The economic landscape may seem dire at the moment, but it’s unlikely to affect blockchain development, according to Pantera Capital CEO Dan Morehead. In an interview for Real Vision on Thursday...
Despite Current Turmoil, Crypto will Rise Again Based on its Own Model – Pantera CEO
Dan Morehead CEO of Pantera Capital has shared his view on the current state of the blockchain economy in a recent interview with Real Vision’s Co-founder & CEO Raoul Paul. According to Morehead,...
Home Depot’s customers have been resilient despite turmoil, CEO says
Home Depot‘s business has remained strong even as turbulent economic conditions pinch consumers’ wallets, CEO Ted Decker told CNBC’s Jim Cramer on Friday. His comments were in respon...
Market turmoil leads Swiss firms in China to lose confidence at a record rate
Fund managers across the globe are either hoarding cash or buying up put options in an attempt to stay one step ahead of the volatile markets. It seems that the maximum bearish sentiment is prevailing...
Cosmos remains afloat since bear market turmoil- Here’s why
Cosmos is starting to gain the attention of the crypto community again. The ATOM token has been surging highly on the price chart in the past week. In fact, it has recovered from a dip in the past 24 ...
DBS Bank To Embrace Crypto For Its Premium Tier Clients Amidst Market Turmoil
Singapore’s renowned bank, DBS is now planning on expanding the crypto services to premier clients across Asia. The affluent clientele base amounts to around 300,000 in number. This news comes during ...
Crypto market turmoil highlights risks of leverage in trading
Leveraged trading of cryptocurrencies — i.e., trading crypto with borrowed funds — comes with significant risks. This is mainly due to the capricious nature of the market. In May, the cryptocurrency m...
Crypto Market in Turmoil, Project Complete Funding Rounds, Eurozone Inflation Hits 8.9% – crypto.news
The crypto market suffered its worst decline in the past few weeks, losing over 7%. Several projects announced their funding rounds. Eurozone inflation increases to a 25-year high. Eurozone Inflation...
Plunging Home Sales Push Prices Down From Record Highs—Here’s What Experts Predict As Housing Market Turmoil Continues
Topline Existing home sales fell for the sixth-straight month in July as rising affordability concerns sideline potential home buyers—and prices are finally starting to edge down from record highs ami...
Galaxy Digital’s Q2 Net Loss Tripled To $554.7 Million Amid Market Turmoil
Galaxy Digital Holdings Ltd, on Monday, announced its second-quarter earnings report that showed that the company has more than tripled the amount of the net loss it witnessed in the same period last ...
Ocado share price is in turmoil. Is it safe to buy the dip?
Ocado (LON: OCDO) share price remained under intense pressure on Monday as concerns about the e-commerce and technology company remained. The shares dropped to a low of 867p, which was lower than last...