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Just-Launched Sei Blockchain's New Token Plunges 24% After Airdrop
17.8.2023
Complaints flooded X (formerly Twitter) about the scantiness of the new SEI token allocations to early adopters, as many recipients apparently moved to dump their holdings on the market
SHIB Plunges 9% on Apparent Shibarium Bridge Issues
17.8.2023
An important tool for the layer 2 service went live on Wednesday to a turbulent start
Russian Ruble Plunges to 16-Month Low vs the US Dollar — Experts Cite Oil Price Cap
15.8.2023
The Russian currency’s exchange rate versus the U.S. dollar recently dropped below RUB100 per greenback — its lowest in 16 months. Economists attribute the ruble’s latest plunge to the effectiveness of a price cap imposed on Russian oil by Western countries. Russ Mould said...
Nigerian Currency Plunges to New Low, Central Bank Says the Naira Is Undervalued
11.8.2023
The Nigerian currency continued its slide versus the greenback when it fell to a new all-time low of NGN950 per dollar. Folashodun Shonubi, the acting governor of the Central Bank of Nigeria, insists that the naira is currently undervalued. The International Monetary Fund (IMF) has said...
Argentine Peso Plunges to Historic Lows as Uncertainty Rules Before Elections
8.8.2023
The exchange rate of the Argentine peso reached historic lows Monday in a decline that took its exchange rate to almost 600 pesos per U.S. dollar. Economists state that the uncertainty of the upcoming elections caused key bagholders to hedge their portfolios with foreign currency. However, analysts...
Litecoin Plunges 6% to Fresh Monthly Lows on Halving Day
2.8.2023
Historically, LTC tended to peak ahead of its halving event, when miner rewards are slashed
BALD Token Plunges 90% as Developer Pulls Liquidity
31.7.2023
BALD launched a little over 24 hours ago and has attracted massive hype - and millions in capital - to Base blockchain
Nigerian Currency Plunges to All-Time Low Versus Dollar, Central Bank Revokes Licenses of 2,700 Currency Exchanges
22.7.2023
The exchange rate of the Nigerian currency versus the greenback recently plunged to an all-time low of NGN860:USD1. The naira’s depreciation has been attributed to shortages of foreign exchange on the official market and the rising demand for forex. The Central Bank of Nigeria (CBN) said...
Near Foundation treasury drops to $900M as token price plunges
11.7.2023
The $200 million decline was mostly due to a drop in the price of Near tokens, in line with the crypto bear market
Biggest Movers: BCH Price Plunges Following Recent 15-Month High
5.7.2023
Bitcoin cash was once again in the red on July 5, as traders continued to secure gains following a recent 15-month high. The token fell for a third straight session, whilst the overall global crypto market cap also slipped on Wednesday. Monero was another notable token to fall in today’s...
United States Plunges in Economic Freedom Rankings, Study Reveals
26.6.2023
American television presenter and author, John Stossel, released a video on June 20, 2023, where he delved into the findings of a recent study on global economic freedom. Conducted by the Heritage Foundation and unveiled in late February, the research unveils a stark reality: the United States...
Report: Cuban Peso Parallel Market Rate Plunges to Low Last Seen in Oct. 2022
26.6.2023
The parallel market exchange rate of the Cuban peso versus the greenback recently dropped to CUP200 per dollar, a level last seen in Oct. 2022, a report has said. Pavel Vidal, a former economist at the Cuban central bank, said the peso’s depreciation has caused the “impoverishment...
Turkish Lira Plunges to Record Low a Day After Central Bank’s Interest Rate Policy U-Turn
25.6.2023
The Turkish lira fell to 25.74 per dollar just under a day after the central bank hiked interest rates for the first time since 2021. Although the rate hike decision was widely anticipated, the increase still fell short of the 21% that some analysts had predicted. Turkish Lira Down 21% Since...
Biggest Movers: MATIC Remains Near 11-Month Low, as Price Plunges by 9%
15.6.2023
Polygon moved closer to an 11-month low on Thursday, as crypto markets continue to react to yesterday’s United States Fed rate decision. The global market cap is trading 4% lower as of writing, as a wave of bears captured sentiment. Litecoin plunged to a three-month low today. Polygon...
Coinbase stock plunges 20% on SEC lawsuit
6.6.2023
The cryptocurrency exchange faces scrutiny from state regulators simultaneous to the SEC litigation
BNB Plunges 9% as Binance Faces Lawsuit, Exchange’s Bitcoin Reserves Record Significant Outflow
5.6.2023
Following the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Binance and its founder Changpeng Zhao (CZ), the crypto economy experienced a substantial decline of over 5% against the U.S. dollar, reaching a total valuation of $1.13 trillion. Among the leading digital...
Bitcoin Price Prediction: BTC Plunges Amid Legal Action by US SEC Against Binance and Its Founder
5.6.2023
In the wake of recent legal action by the US Securities and Exchange Commission (SEC) against Binance, the world's largest cryptocurrency exchange, and its founder, Bitcoin has witnessed a significant plunge.
This development has sent shockwaves throughout the crypto market, raising concerns...
South African Rand Plunges to New Low After Benchmark Interest Rate Is Raised to 14-Year High
29.5.2023
The South African fiat currency’s exchange rate versus the U.S. dollar plunged to a new all-time low of 19.7640 per dollar on May 25 just moments after the South African Reserve Bank raised the benchmark interest rate to its highest since 2009. Although the currency has since made some...
Multichain token plunges 30% on backend upgrade delay
24.5.2023
The MULTI protocol's TVL remains largely unchanged at $1.6 billion despite a large selloff in the token price
Zuzalu Is 2 Months in Montenegro With Crypto Elites, Cold Plunges, Vitalik Selfies
23.5.2023
This invite-only gathering of 200 people in the Mediterranean marina town of Lustica Bay has been taking place since late March and wraps up this week, featuring official sessions on zero-knowledge cryptography, twice-a-day jumps into the Adriatic Sea and the chance to get face time with Ethereum...