BTC, ETH Hit Multi-Week Low, as Sell-off Worsens – Market Updates Bitcoin News

Bitcoin moved below $22,000 on Friday’s session, as sentiment in cryptocurrency markets remained bearish. Volatility in markets has risen in recent days, following comments from U.S. Fed Chair Jerome ...

Bitcoin hash rate plummets 40% as US weather worsens

Bitcoin hash rate has experienced a massive decline to close to 38% as miners prepare for a drastic change in weather in the US. As part of preparations, miners have begun to shut down their mining ri...

FTT Misery Worsens As These Top Exchanges Move To Delist Crypto

FTT, the native cryptocurrency of FTX, continues to take massive blows as its situation take a turn for the worse. In terms of price, the crypto is changing hands at $1.70 according to tracking from C...

Covid outbreak worsens in southern Chinese city of Guangzhou

Guangzhou city in the southern province of Guangdong is the hardest hit in the latest Covid outbreak. Pictured here are closed stores in part of the city on Oct. 31, 2022. Vcg | Visual China Group | G...

LUNC Sheds $130 Million In 24 Hours As Terra Classic’s Misery Worsens

LUNC (Terra Luna Classic) continues to experience severe losses as its market capitalization took a heavy hit earlier today. On November 1, the asset’s overall valuation stood at $1.60 billion but in ...

Britain heading for ‘deep’ recession as downturn worsens

UK economy recession PMI pound sterling downturn inflation politics Truss Sunak – REUTERS/Peter Nicholls Britain is heading for a “deep” recession after new figures showed the economic downturn ...

Crypto Plummets As CPI Worsens, Any Chance For Reversal?

Crypto prices have maintained a strong correlation with most macroeconomic factors. It’s no longer debatable that inflation affects the trend in the crypto market. Most past digital asset declines too...

China’s Evergrande crisis worsens as lender seizes HQ in Hong Kong

A lender has taken possession of Evergrande’s Hong Kong headquarters after the cash-strapped Chinese property developer defaulted on a loan and made two unsuccessful attempts to sell the building.  Ea...

EU energy crisis worsens as Germany’s Google searches for ‘firewood’ explodes

It seems that there is real cause for concern in Europe as the embargo on Russian gas and oil is causing nasty surprises for the end consumers.  Skyrocketing prices of natural gas and electricity has ...

Seagate’s Earnings Miss Estimates as Demand for Disk Drives Worsens

Text size A Seagate hard drive from an Apple laptop computer. Demand is weakening in consumer-related markets. Brent Lwein/Bloomberg The disk-drive company Seagate Technology posted sales and profits ...

SpaceX FCC broadband feud vs. Dish, Michael Dell affiliate worsens

SpaceX CEO Elon Musk speaking about the Starlink project at MWC hybrid Keynote during the second day of Mobile World Congress on June 29, 2021 in Barcelona, Spain. Nurphoto | Nurphoto | Getty Images W...

BTC/USD Worsens to Sub-20000 Print: Sally Ho’s Technical Analysis 19 June 2022 BTC

Bitcoin (BTC/USD) continued to suffer from acute negative technical sentiment early in the Asian session as the pair continued to trade below the 21000 figure after recently trading as low as the 1871...

Celsius’s situation worsens. What is next? Bankruptcy?

Another crisis is wracking the digital-asset sector a month after the collapse of Terra stablecoin sent the market tumbling, generating fresh trepidation among all cryptocurrencies. On Sunday, Celsius...

Celsius Network Freezes User Assets as Market Crash Worsens

On Monday, crypto lender Celsius Network, paused withdrawals, swaps, and transfers of assets between accounts on the platform, citing “extreme market conditions.” The popular crypto lending platform s...

Southern California water restrictions start today as drought worsens

Paul Ramirez, 54, waters the front lawn at his home on St. Louis St. in Boyle Heights, as his dog Bandit, a 2 year old Yorkshire terrier, jumps for joy. Mel Melcon | Los Angeles Times | Getty Images S...

One Metric Indicates Bitcoin (BTC) Could Crash by Over 50% As Macro Environment Worsens, Says CryptoQuant CEO

The CEO of leading on-chain analytics firm CryptoQuant says one metric is flashing a massive red flag for Bitcoin (BTC) bulls. Ki Young Ju tells his 292,600 Twitter followers that historical data show...

Stocks of major Bitcoin mining firms tank as market downturn worsens

Following the mayhem in the cryptocurrency market recently, the shares of the five largest publicly-traded Bitcoin mining companies have dropped by more than 50 percent year-to-date, according to a ma...

Shiba Inu Token Hits Seven-Month Low as Crypto Market Worsens

The price of Shiba Inu (SHIB) plunged 8.9% overnight, trading at $0.00001723 at press time, per CoinMarketCap. The popular meme cryptocurrency is also down almost 19% over the past week, touching the ...

Shunned Oil Piling Up Off China as Virus Outbreak Worsens

(Bloomberg) — Tankers carrying 22 million barrels of Russian, Iranian and Venezuelan oil are piling up off China, according to Kpler, as the country battles a virus outbreak that’s sapping deman...

Shanghai Expands Lockdown As Covid Outbreak Worsens

Topline Authorities in Shanghai have expanded its pandemic restrictions by locking down western parts of the city two days ahead of schedule as the number of Covid-19 cases in China’s financial ...

Moderna Stock Crash Worsens Even After Morgan Stanley Says Flu Vaccine Results Could Boost Shares

Topline In a glimmer of hope for one of this year’s worst-performing stocks, Morgan Stanley analyst Matthew Harrison projected incoming results for one of Moderna’s flu vaccine candidates would likely...

Bitcoin Falls Below $40K, Ethereum Below $3K as Crypto Pullback Worsens

Bitcoin (BTC) has had a difficult start to the new year, and it has now fallen below $40,000 for the first time since August 2021.  The world’s largest cryptocurrency by market cap dropped by 4....