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Crypto Pokémon Clone’s Currency Plunges To Less Than A Penny
13.5.2022
Crypto markets are bottoming out and nothing’s immune, not even the potions critters use to breed in the Pokémon-style collectathon Axie Infinity. Called Smooth Love Potions, the currency has been trending down for some time now as players flood the market with it. For the first time in...
Ethereum plunges 13% vs. Bitcoin pushing BTC dominance to 2022 high — more pain ahead?
12.5.2022
Bitcoin dominance has spiked to six-month highs at Ethereum's expense as ETH/BTC suffers big losses
Market Wrap: Cryptos Extend Losses as LUNA Plunges
11.5.2022
Bitcoin (BTC) and other cryptos declined on Wednesday amid stress in stablecoins. LUNA plunged by 96% and Solana's SOL token saw a 30% dip. Option traders are seeking downside protection
UST Stablecoin Declines as Crypto Market Plunges
10.5.2022
Terra’s stablecoin UST drops to its all-time low as the crypto market takes a swing lately. The coin, which was supposed to be close to $1, dropped to the $0.70 level, despite the large sum funneled in from the reserves. Experts believe that the fall should be analyzed with this ongoing...
US Fed hikes interest rates, Bitcoin plunges below $36K, and Argentina’s central bank says no to financial institutions offering crypto: Hodler’s Digest, May 1-7
7.5.2022
Bitcoin Plunges Most in Two Months Amid Stock Market Selloff
5.5.2022
Bitcoin dropped more than 7% on Thursday. The price drop appeared synced with a broad selloff in stocks and bonds
SOL Plunges as Bots Spam Solana’s Candy Machine
2.5.2022
The NFT minting infrastructure of Solana caused a network outage as the new month kicked off. The seven-hour breakdown is reportedly the result of bots taking over the minting tool Candy Machine on Solana. As the reports confirm, the network recorded a staggering four million transactions...
Indian crypto exchanges' volume plunges down as 30% tax goes into effect
12.4.2022
Payment services providers have also cut ties with major crypto exchanges even when the same is available for gambling and fantasy sports platforms
India’s Crypto Trading Volume Plunges Further as Mobikwik Stops Payment Service
12.4.2022
Cryptocurrency trading volumes in India have plunged further across exchanges as traders mull over the 30% crypto taxation. In addition, popular payment service provider Mobikwik has stopped service to exchanges. Crypto Trading Volume in India Plunges Further Cryptocurrency trading volume in India...
DeFi Lending Protocol Agave's AGVE Plunges Over 20% Amid Exploit Investigation
15.3.2022
Hundred Finance, another lending protocol on the Gnosis chain, was also exploited in an apparent “re-entrancy” attack, according to a blockchain security researcher
AUD Plunges Following Commodity Price Drops
15.3.2022
The ongoing Russia-Ukraine conflict has caused a hike in the price of essential commodities like energy and agricultural products. Being one of the largest exporters of energy, Australia had much to profit from this new price action of the commodities. However, things seem to take an unexpected...
Stacks price plunges hard after rallying 70% in a day — more STX losses ahead?
11.3.2022
The massive move upside appeared as a $165 million fund is launched by OKcoin to build apps on the Bitcoin blockchain using Stacks
Russian crypto volume across major exchanges plunges by 50%
4.3.2022
Despite an increase in economic sanctions on Russia, the amount of crypto being purchased in rubles across major exchanges continues to fall
Russian Bank Run Begins as Ruble Plunges to Record Low Amid Escalating Sanctions
28.2.2022
A bank run has started in Russia as citizens rush to withdraw cash amid escalating sanctions. The Russian ruble also nosedived to a record low, plunging more than 30%. “There are about 70 people in line. Eyewitnesses say the money in the ATM runs out within 40 minutes.” Russians Rush...
Bitcoin plunges as Putin announces 'special military operation' in Ukraine
24.2.2022
The Russian army has begun a military operation in Ukraine as missile explosions have been heard surrounding several areas, including the capital of Kiev. Markets have dropped in response
Rise of Web3: Metaverse tokens surge as Meta’s share price plunges
4.2.2022
Decentralized Metaverse tokens have made steady gains this week, despite a dump in the stock price of Meta Platforms
El Salvador Buys 410 Bitcoins as BTC Plunges to Lowest Level in Months
23.1.2022
El Salvador bought the dip as the price of bitcoin plunged to a record low. President Nayib Bukele said Friday that his country has purchased 410 more bitcoins. The Salvadoran government has bought a total of 1,801 bitcoins since the cryptocurrency was made legal tender in the country. El Salvador...
Ethereum plunges 13%, down more than Bitcoin after Fed spooks crypto market
6.1.2022
Ethereum lost roughly 13.50% versus Bitcoin's 9% decline in the past 24 hours
Turkish Lira Slump Contributes to Rise in Turkey’s Daily Crypto Trades to Over One Million
22.12.2021
The popularity of cryptocurrencies in economically embattled Turkey has continued to surge with the number of daily trades now surpassing one million, a report has said. This surge in trades has been attributed to the depreciating lira which plunged to a new low against the USD on December 20. Lira...
Bitcoin Price Plunges; Crypto Market Loses $500 Billion
6.12.2021
Bitcoin price drops significantly on Saturday. More precisely, it loses 10% of its value within one hour. Overall, the world’s largest cryptocurrency is down by almost 18%. The cryptocurrency market cap dipped almost $500 billion, whereas BTC’s market cap crashed by almost $200 billion. Besides...