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First Mover Asia: Binance BNB Token Plunges, Bitcoin Holds Near $21.8K Amid US Regulatory Uproar
14.2.2023
Silvergate Bank Stock Plunges After Report of DOJ Investigation into Ties with FTX and Alameda
3.2.2023
Silvergate shares have seen a sharp drop in pre-market trading following the news that US officials have launched a probe into the crypto bank's dealings with fallen crypto giants FTX and Alameda Research. ...
Read More: Silvergate Bank Stock Plunges After Report of DOJ Investigation into Ties with...
AllianceBlock Token Plunges 51% After $5M Exploit of Bonq DAO
1.2.2023
New ALBT tokens will be minted and airdropped to the affected wallet addresses
Argentine Peso Plunges to a 5 Month Low Amid Legal and Political Woes
26.12.2022
The Argentine Peso has experienced a sudden fall vs the U.S. dollar, falling to a 5-month low in its blue rate, one of the many parallel exchange rates of the country. The reasons for this fall, besides the abundance of pesos due to holiday-related payments, and the battle between President Alberto...
Venezuelan Currency Plunges Almost 40% Against the US Dollar, Analysts Cite Crypto Drought as Part of the Problem
27.11.2022
The Venezuelan fiat currency, the bolivar, has lost almost 40% in its exchange rate against the U.S. dollar in a month. According to reports, the seasonal payments that the government has to make, and the lack of liquidity of the government to intervene in the currency market are part of...
South Korean Crypto Exchanges Delist WEMIX — Token Price Plunges by Nearly 70%
25.11.2022
The Digital Asset Exchange Joint Consultative Body (DAXA), the South Korean association of crypto exchanges, announced on Nov. 24 that the WEMIX token would be delisted. In justifying the decision to delist WEMIX, the association claimed the information provided by the token’s issuer Wemade...
WEMIX token plunges 70% after it's delisted by Korean exchanges
25.11.2022
DAXA claimed that the circulating number of WEMIX exceeds what has been disclosed by Wemix, much to the chagrin of the issuers
CMC Markets’ Net Trading Revenue plunges up by 27%
16.11.2022
CMC Markets, a London-based brokerage group, released their six months interim financials between April and September, reflecting a 21% hike in its net operating income (NOI), generating £153.5 million. The estimation published is for the first half (H1) of its fiscal year, 2023. While CMC Market’s...
Ethereum price plunges 23%: Can ETH revive this fall?
10.11.2022
Even after the Merge upgrade, investors were optimistic for an uptrend, but the external factors such as US Fed regular rate hikes, supply chain issues, inflation, and now FTX ‘liquidity crunch’ has reduced the market cap of Ethereum, at least for the short term. Indeed, ETH is a popular coin,...
FTX's Bitcoin Balance Plunges to Just One
8.11.2022
Roughly 20,000 bitcoin have been pulled from the crypto exchange in the past 24 hours, according to data from Coinglass
Chainlink plunges from three-month high as LINK price eyes another 50% correction
8.11.2022
LINK could drop to nearly $4 by December 2022 given its failure to close above a key resistance level despite strong whale accumulation
First Mover Asia: Alameda Research, FTX Are Bound to Each Other; Bitcoin Trades Sidways, Dogecoin Plunges Late as Twitter Halts Work on Crypto Wallet
4.11.2022
Egyptian Currency Plunges 15% After Cairo Accedes to Key IMF Exchange Rate Condition
28.10.2022
After authorities in Egypt announced the adoption of a more flexible exchange rate regime, the pound exchange rate versus the U.S dollar plunged to 23.09:1, a new low for the currency. Cairo’s apparent devaluation of the Egyptian pound met a key condition set by the International Monetary...
Mad Money’s Jim Cramer Apologizes for Being Wrong About Facebook Parent Meta After Stock Plunges
28.10.2022
The host of Mad Money, Jim Cramer, has apologized to investors for being wrong about Facebook parent Meta Platforms after its stock plunged to a record low. “I made a mistake here. I was wrong,” he said emotionally after stating previously that Meta was a good investment. “I...
Aptos Token Plunges in Trading Debut
19.10.2022
The native token of Aptos blockchain opened for trading late Tuesday
Japanese Yen Plunges to 32-Year Low Against US Dollar — Another Intervention by Authorities Expected
16.10.2022
The Japanese yen’s exchange rate versus the U.S. dollar recently plunged to its lowest rate in 32 years — 147.66 JPY per dollar. The yen’s latest fall comes less than a month after its slip in September prompted authorities to enter foreign exchange markets for the first time since...
$100M drained from Solana DeFi platform Mango Markets, token plunges 52%
12.10.2022
The platform’s treasury was drained of over $100 million worth of cryptocurrency after an attacker manipulated price data of its native token to take out loans against their holdings
Solana Price Plunges as Blockchain Suffers Outage Again
1.10.2022
Solana's price has taken a hit amid another major outage that has grinded the network activity to a halt.
Crypto pundit and host of NFT Alpha show, Nick Valdez first brought the development to public attention on Twitter after a series of speculative mentions. A few hours later, the official...
Chinese Central Bank Says It Will Prioritize Stabilizing Currency After Yuan Plunges to 14-Year Low Versus USD
29.9.2022
Moments after the Chinese yuan’s onshore exchange rate versus the U.S. dollar slumped to 7.2458 per dollar, the Peoples Bank of China responded by stating that it will prioritize stabilizing the currency. Similar to other currencies that have been depreciating against the dollar, the yuan...
NFT trading volume plunges 98% from January despite rise in adoption
28.9.2022
During the same period, the number of wallets owning NFTs has increased by about 2.8 million