SVB sinks wiping $61B in market value off bank stocks

Jittery investors got another scare on Thursday after Silicon Valley Bank announced plans for $1.75 billion in common stock and depository shares. SVB shares lost 60.4%, the largest percentage drop si...

BTC retraces to the $23,600 level, wiping out all of the bulls’ recent gains – Cryptopolitan

Bitcoin price analysis for today shows a rebound at the $23,600 level after a sharp pullback. Major resistance is seen at the $24,250 level and a break above this could see BTC climb back toward $30,0...

Why is FTX Token crashing? FTT plunges 80% wiping $2.5 billion from its market cap

With the ongoing controversy between two major cryptocurrency exchanges – FTX and Binance – and the latter dumping $500 million worth of FTT, it is no surprise that the FTX token’s price and market ca...

Atlassian stock drops 23% after earnings, potentially wiping away more than $10 billion in valuation

Atlassian Corp. shares dropped in the extended session Thursday after the business-collaboration software company’s earnings and revenue outlook fell short of Wall Street expectations as executives sa...

Ethereum sets record ETH short liquidations, wiping out $500 billion in 2 days

Ether (ETH) is setting liquidation records this week as a comparatively modest price uptick reveals how bearish the market has become. Data from on-chain analytics platform CryptoQuant confirmed that ...

Fed Is Losing Billions, Wiping Out Profits That Funded Spending

(Bloomberg) — Profits and losses aren’t usually thought of as a consideration for central banks, but rapidly mounting red ink at the Federal Reserve and many peers risks becoming more than just an acc...

Crypto market cap lost 60% of its value in H1 2022 wiping $1.3 trillion

After the widely publicized collapse of Terraform Labs’ stablecoin TerraUSD (UST) and its native token Terra (LUNA), Celsius halted client withdrawals, and Three Arrows Capital slipped into insolvency...

Polygon surges 24% wiping 7-day losses as $800m inflows MATIC market cap in a day

With most of the cryptocurrency market turning green on June 23, Polygon (MATIC) has seen the largest gain out of the top 100 cryptocurrencies by market capitalization. Indeed, Matic has surged by as ...

Celebrity Approved NFTs Wiping Investors Out

Tyler pounced at the chance to invest when Floyd Mayweather began promoting an unknown NFT project on Twitter this year. Tyler, 35, a property manager whose family owns a small transport company in Mi...

Almost $1 trillion leaves crypto market in 2022 wiping over 40% of the industry’s capitalisation

Following the collapse of Terra, the cryptocurrency industry has arrived at a pivotal juncture; while uncertainty persists, market players have chosen to take a cautious approach. Notably, the overall...

SHIB adds over 15,000 holders in a month despite wiping $4 billion from its market cap

Despite the entire cryptocurrency market getting caught in the bearish streak this week, with all the major assets trading in the red, the interest in some of them, particularly Shiba Inu (SHIB) doesn...

LUNA dives 50% in a day wiping 10 billion from its market cap; What’s next? 

Terra (LUNA) had been doing well in the previous three months, with its price continuing to grow as the DeFi asset broke into the top ten cryptocurrencies by market capitalization despite the bearish ...