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Nalezeno "35% plunge": 270

Market Wrap: Prices Plunge Following Hot Inflation Report, Then Reverse Course Completely

13.10.2022
The Consumer Price Index inflation data arrived higher than expected, and markets responded in roller-coaster fashion before settling down. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets

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

13.10.2022
BTC was up 0.2% after the price tumbled to $18,198 – the lowest since Sept. 21

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

13.10.2022
Cryptocurrency-related stocks have sold-off across the board on Thursday as bitcoin falters to a three-week low of $18,131 on Coinbase

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

7.10.2022
London-based bitcoin miner Argo Blockchain has raised $27 million after agreeing to issue 87 million shares to a sole investor

Stablecoins shed $38B since May as yields plunge, projects collapse

6.10.2022
An estimated $148.7 billion worth of stablecoins are still in circulation

Report: UK Gold Dealer Sold Out of Bullion After Pound’s Record Fall Causes Demand to Skyrocket

4.10.2022
The United Kingdom-based gold dealer, Ash Kundra, has claimed that he recently ran out of gold coins and bars after the demand for the precious metal skyrocketed. The pound’s plunge to a record low versus the dollar, as well as the turmoil in financial markets, is said to be the cause of...

Report: Gap Between Ethiopian Currency’s Official and Parallel Market Exchange Rate Grows to New Record

25.9.2022
The Ethiopian birr currency’s parallel exchange rate against the U.S. dollar recently dropped to a low of 92 birrs per dollar, a report has said. The report added that following this latest plunge, the gap between the birr’s official and parallel market exchange rates has widened to...

Terra’s Luna, Luna Classic Tokens Plunge as South Korea Issues Arrest Warrant for Do Kwon

14.9.2022
Terra-based decentralized finance products saw outflows of over $20 million this morning

‘A Dangerous Looking Moment in Global Economics’ — Veteran Investor Jeremy Grantham Warns S&P 500 Could Plunge Another 26%

12.9.2022
Jeremy Grantham, the co-founder of the Boston-based asset management firm Grantham, Mayo, & van Otterloo (GMO) believes Standard and Poor’s 500 (S&P 500) could drop another 26% during the next 12 months, according to statements the veteran investor made last week. The...

Bitcoin, Ethereum Google Searches Plunge 83% Since 2021

9.9.2022
Searches for 'bitcoin' and 'ethereum' have plummeted by as much as 83% since highs in 2021, according to Google Trends data. After reaching an all-time high of 100 in early May 2021, Ethereum-related searches have declined to 17, while for Bitcoin the decline has been 79% over the same...

Speculators and Crypto Traders Blamed for Naira’s Plunge, Kenyan Institutions Told to End Dealings With Nigerian Fintechs, CAR Token Sale off to Slow Start

4.8.2022
In this week’s Africa news highlights, the Nigerian central bank blames speculators for causing the local currency’s plunge to a new all-time low on the parallel market. In Kenya, the central bank has told financial institutions to cease having dealings with two Nigerian fintechs...

Virtual Land Sales Take a Plunge Amid Broader Crypto Downturn

4.8.2022
Virtual real estate is seeing a crash of its own as prices of land in various metaverses, as well as sales volumes, have plunged to the lowest levels in months - amid a broader crypto downturn that has seen around USD 2trn wiped from the crypto market capitalization. According to a dashboard...

Nigerian Currency Plunges to New All Time Low — Central Bank Blames Speculators

30.7.2022
The Nigerian central bank has accused currency speculators of being behind the local currency’s recent plunge to a new all-time low of N710 against the greenback. The leader of a Nigerian association of bureau de change operators insisted crypto trading may be to blame for the naira’s...

Report: Nigerian Central Bank Incentive Scheme Failed to Halt Naira Depreciation

7.7.2022
The Central Bank of Nigeria (CBN)’s attempt to incentivize the country’s forex market through the so-called “Naira for Dollar” scheme has failed. This is evidenced by the local currency’s plunge of more than 25% since the launch of the incentive scheme in March...

Solana-Based Chingari Tokens Plunge 87%, and Developers Flag Big Sell Order

6.7.2022
Developers claimed a large holder dumped their tokens, causing prices to plunge

Bollywood A-lister-backed GARI token plunge sparks rug pull rumors

5.7.2022
GARI token was launched by Salman Khan, an A-list celebrity from Bollywood, with an aim to help Indian creators monetize their content over a short video application Chingari

Report: Crypto Market Crash Wipes Millions of Dollars From North Korea’s Kitty of Stolen Cryptocurrencies

1.7.2022
The recent plunge in the value of cryptocurrencies may have wiped out millions from North Korea’s fund comprised of stolen crypto assets. The diminishing value of cryptocurrencies is believed to be affecting Pyongyang’s ability to fund its weapons programs. Stolen Crypto Assets...