Tag: Plunge

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Outlook Hinges on Inflation Data Following USDCAD Plunge

Outlook Hinges on Inflation Data Following USDCAD Plunge

Canadian Dollar – Talking PointsUSDCAD sinks to key support on continued USD weaknessBoC Gov Macklem opens door to smaller rate hikesCanadian inflatio [...]
Market Wrap: Solana Plunge Highlights Major Cryptos’ Day in the Red

Market Wrap: Solana Plunge Highlights Major Cryptos’ Day in the Red

The native token of the Solana protocol recently fell over 6%; bitcoin and ether dropped more modestly as investors await the midterm elections and la [...]
FTX Token price risks 30% plunge as a 23M FTT ‘part’ moves to Binance

FTX Token price risks 30% plunge as a 23M FTT ‘part’ moves to Binance

An ongoing selloff in the FTX Token (FTT) market could worsen in the coming months owing to a mix of pessimistic technical and fundamental indicators. [...]
$1B Crypto Hack Fears Spur 20% GALA Plunge, But Firm Implies It Attacked Itself as a Safeguard

$1B Crypto Hack Fears Spur 20% GALA Plunge, But Firm Implies It Attacked Itself as a Safeguard

Routing protocol pNetwork said it's working with Gala on a "misconfiguration" and that "all GALA tokens on Ethereum as well as the underlying bridge c [...]
Bitcoin Miner Argo's $27M Fundraise Falls Through; Shares Plunge

Bitcoin Miner Argo's $27M Fundraise Falls Through; Shares Plunge

Argo Blockchain's plan to raise $27 million from a strategic investor has fallen through, the company said. www.coindesk.com [...]
Troubled Bitcoin Miner Core Scientific’s Shares Continue to Plunge on Bankruptcy Risk

Troubled Bitcoin Miner Core Scientific’s Shares Continue to Plunge on Bankruptcy Risk

The stock garnered multiple analyst downgrades this week owing to the miner's financial concerns. Most recent was Barclays, who cut the stock to equal [...]
Dogecoin, Cardano Weigh on Crypto Majors After US Tech Stocks Plunge

Dogecoin, Cardano Weigh on Crypto Majors After US Tech Stocks Plunge

Shares of big tech companies slid on Wednesday and Thursday following dismal earnings reports. www.coindesk.com [...]
Illegal Border Crossings by Venezuelans Plunge in the Face of New Policies

Illegal Border Crossings by Venezuelans Plunge in the Face of New Policies

The number of Venezuelans entering the United States illegally dropped from about 1,200 a day to 150 in the first days after the Biden administration [...]
Soaring tax revenue, spending plunge spark record drop in budget deficit

Soaring tax revenue, spending plunge spark record drop in budget deficit

But the deficit wasn’t as small as the $1 trillion that White House officials had forecast in August, primarily because of higher spending on educati [...]
Will ETH price crash to $750? Ethereum daily active addresses plunge to 4-month lows

Will ETH price crash to $750? Ethereum daily active addresses plunge to 4-month lows

Ethereum has witnessed a substantial drop in its daily active address (DAA) count over the last four months, raising fears about more downside for ETH [...]
What’s behind the sudden plunge in SNB sight deposits?

What’s behind the sudden plunge in SNB sight deposits?

There's a significant decline in overall sight deposits held at the SNB over the past few weeks, which runs against the norm that we have been used to [...]
Prices Plunge Following Hot Inflation Report, Then Reverse Course Completely

Prices Plunge Following Hot Inflation Report, Then Reverse Course Completely

● CoinDesk Market Index (CMI): 944.23 +0.4% ● Bitcoin (BTC): $19,373 +1.2% ● Ether (ETH): $1,294 −0.4% [...]
Bitcoin Rebounds Over $19K After Plunge Triggered by Hot Inflation Report

Bitcoin Rebounds Over $19K After Plunge Triggered by Hot Inflation Report

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Crypto Stocks Plunge as Bitcoin Slides to $18.1K on Inflation Print

Crypto Stocks Plunge as Bitcoin Slides to $18.1K on Inflation Print

The news sent bitcoin (BTC) tumbling to $18,100 – not far off from its 2022 low of $17,600. At press time, the price has bounced modestly to $18,400. [...]
Bitcoin Miner Argo Blockchain Raises $27M to Ease Liquidity Pressures, Shares Plunge 15%

Bitcoin Miner Argo Blockchain Raises $27M to Ease Liquidity Pressures, Shares Plunge 15%

In addition to issuing 87 million shares, which equates to around 15% of the business, Argo announced the sale of 3,400 Antminer S19 J Pro miners to a [...]
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