The world of cryptocurrency is experiencing a turbulent phase as regulatory fears have rocked the market, leading to a significant loss in overall industry valuation. Major digital assets, such as Bit...
Tag: Wipeout
Adani Stock Wipeout Deepens to $104 Billion After Flagship Firm Pulls Share Sale
(Bloomberg) — The stock rout in Gautam Adani’s beleaguered empire intensified to more than $100 billion, as the fallout from a short-seller’s fraud allegations leads the Indian billionaire to pu...
FTX collapse triggers 250k Bitcoin wipeout in Futures Open Interest
Definition Future’s Open Interest (OI) is the total amount of funds allocated in open futures contracts. While the Estimated Leverage Ratio is defined as the ratio of the OI in futures contracts...
BlockFi increased some executives’ salaries after wipeout of equity stakes
Several BlockFi executive team members saw their equity stakes wiped out last year as part of its emergency restructuring plan, which included borrowing $400 million from collapsed crypto exchange FTX...
Five Things to Watch in Asia Stocks After $5 Trillion Wipeout
(Bloomberg) — Turnaround hopes for Asian equities abound after a near $5 trillion wipeout in valuation, with investors betting some of the biggest bugbears of last year will evolve into tailwind...
Cathie Wood’s ETFs lost investors more than $1 billion before this year’s wipeout
Bold bets on high-flying technology stocks from Cathie Wood’s ARK Invest have destroyed an estimated $1.3 billion in shareholder wealth over the past decade, a Morningstar analysis published thi...
New York Curbs Mining; Bankman-Fried Depicts Wipeout
(Bloomberg) — Top partners at Sequoia Capital apologized to investors for backing FTX, whose bankruptcy had its first US court hearing. Former CEO Sam Bankman-Fried in a letter outlined a crash ...
Bitcoin is now the fifth-biggest wipeout of all time, BofA says, with a shocking chart of the last 50 years in finance
The crypto industry is once again feeling the chill of winter. Bitcoin is experiencing one of the biggest crashes in history—that’s apparent. But Bank of America Research’s Flow Show research note has...
SBF’s $16 billion fortune sees a 94% wipeout – here’s why
Sam Bankman-Fried’s net worth just a few days ago was nearly $16 billion. The FTX founder and CEO ranked among the 500 richest people in the world as of this week. SBF, as he’s fondly known in the cry...
S&P 500: The $5.5 Trillion Big-Cap Tech Stock Wipeout Sinks To A New Low
The cratering of big-cap technology and tech-related S&P 500 stocks is reaching epic proportions. And amazingly, it’s getting worse. X Five of the 15 stocks in the Solactive FANG Innovation ...
Do Kwon Issued Red Notice From International Police After $60 Billion Crypto Wipeout Mess – crypto.news
International Police (Interpol) has issued a red notice on Do Kwon, Terra Labs co-founder, according to the information given by South Korean law enforcement officers. South Korea says Do Kwon is to b...
‘Devastating Recession’— $1.5 Trillion Wipeout In Stock Market Can Be Just The Beginning As S&P 500, Nasdaq, And Dow Nosedive
Stock market AFP via Getty Images What’s up with the neck-breaking roller coaster in stocks? Last Tuesday, stocks broke a month-long bearish streak and launched into a rebound. Over a week, the S&...
Solana (SOL) Sees Potential Wipeout Based On Bearish Technical Indicator
Solana (SOL) price has enjoyed a winning streak by a whopping 75% as seen in the past two months after it has capsized to a mere $25.75. SOL forms head-and-shoulders pattern hinting at bearish movemen...
Cathie Wood’s Ark Invest Sells 174,611 Coinbase Shares Amid 85% Wipeout in the Crypto Exchange’s Stock Price
Veteran hedge fund manager Cathie Wood’s ARK Invest is cutting its stake in the shares of Coinbase crypto exchange. An update on a website tracking the holdings of ARKW, ARK Invest’s innovation-focuse...
Technology Stocks Head for Historic Wipeout as US Economy Cools
(Bloomberg) — Skeptics have long made a sport of predicting that the decade-long rally in technology stocks was destined to reverse. At the halfway point of 2022, it seems like this is the year ...
Economist Roubini: Why Stocks Poised for 50% Wipeout
The stock market is off to its worst start to a year since 1962, with the S&P 500 dropping 21% in the first half of 2022. Meanwhile, many experts are warning that a recession is likely within the ...
Carnival Shares Plunge Nearly 15% As Morgan Stanley Warns Of Potential Stock Wipeout
Topline Cruise stocks tanked on Wednesday after yet another major Wall Street firm warned that weak demand and higher costs could sink industry profits and lead to another demand shock, with Morgan St...
Do Kwon Says Terra (LUNA) Wipeout Cost Him Nearly All of His Money
– Advertisement – Do Kwon Lost Nearly All His Money in Terra Crash. Do Kwon, who is controversial and was one of the founders of Terra, recently gave an interview to The Wall Street Jour...
Bitcoin close to wipeout territory
This article is an on-site version of our #techFT newsletter. Sign up here to get the newsletter sent straight to your inbox Bitcoin moved back above $20,000 today, providing slight relief to battered...
Shark Tank Star Kevin O’Leary Believes Wipeout of Big Players In Crypto Industry Is A Good Thing for Crypto
According to Kevin O’Leary, the Shark Tank Star and Venture Capitalist, the fall down of overleveraged and large crypto firms could prove to be beneficial for the budding industry. O’Leary while...
Shark Tank’s Kevin O’Leary Explains Why Wipeout of Large Digital Asset Firms Is Great for Crypto
Venture capitalist and Shark Tank star Kevin O’Leary says that the collapse of large and overleveraged crypto companies could be beneficial for the nascent industry. In a new interview on CNBC, O’Lea...
Su Zhu Says 3AC Is “Committed to Working This Out” as Wipeout Rumors Rage
Share this article Su Zhu and Kyle Davies’ Three Arrows Capital is one of crypto’s most respected hedge funds. Su Zhu Speaks Out Three Arrows Capital co-founder Su Zhu has broken his silence after rum...
TSMC’s $100 Billion Wipeout Fails to Faze Bullish Analysts
(Bloomberg) — The share price slump that’s erased about $100 billion from the market value of Taiwan Semiconductor Manufacturing Co. this year means little to the legion of analysts who see the ...
Billionaire Mike Novogratz Speaks Out on Terra (LUNA) Collapse, Says This Is What Caused $40,000,000,000 Wipeout
Galaxy Digital CEO Mike Novogratz is breaking his silence more than a week after Terra (LUNA) collapsed wiping out billions of dollars. Novogratz says that the tightening of monetary policy by central...
A Week of Terra: the Story of Do Kwon and His Black Swan Wipeout
Key Takeaways Terra suffered the greatest crash in crypto history last week after its algorithmic stablecoin lost its peg to the dollar. The Layer 1 blockchain had a spectacular run leading up to its ...
$1.9T wipeout in crypto risks spilling over to stocks, bonds — stablecoin Tether in focus
The cryptocurrency market has lost $1.9 trillion six months after it soared to a record high. Interestingly, these losses are bigger than those witnessed during the 2007’s subprime mortgage mark...
Bank of America is pushing a surprising new set of FAANG stocks to beat the bear market after yesterday’s $1.3 trillion wipeout
It’s been pretty easy to make money on stocks over the past decade. One can’t-miss strategy: You just buy the big names in tech. Repeat over and over again. From February 2009 to last November, invest...
Rivian’s $117 Billion Wipeout Turns Sell-Side Fans Into Skeptics
(Bloomberg) — Wall Street’s embrace of Rivian Automotive Inc., last year’s electric-vehicle startup darling, is waning already as the company has lost about $117 billion in market value in just ...
Amid Mass Market Wipeout, Ethereum’s Vitalik Believes Another Brutal Winter May Actually Be Great For Crypto Industry ⋆ ZyCrypto
Advertisement     Cryptocurrencies have recorded massive losses as buyers dry up. In the near term, technical analysts are seeing a scenario of a deeper pullback in pl...
These five stocks in the S&P 500 lost almost half a trillion dollars in value in one day amid widespread wipeout
A decline in gasoline prices couldn’t mask the problem that spooked investors on Sept. 13: Core consumer prices resumed their rapid increase during August. Fear of the Federal Reserve’s ongoing tighte...