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Nigerian Currency Plunges to New Low Versus the USD, Central Bank Governor Says Naira is ‘Undervalued’
28.1.2024
The Nigerian currency reportedly plunged to a new low versus the U.S. dollar on the official market on Jan.25. Central Bank governor Olayemi Cardoso has said the naira is currently “undervalued” and that efforts are underway to rectify this. Official and Parallel Market Exchange Rates...
Bitcoin Price Plunges Below $40,000, Down Nearly 20% From Post-ETF Launch Highs – Here’s How Low the BTC Bears Could Bury the Price
22.1.2024
The Bitcoin (BTC) price just plunged below $40,000 for the first time since early December, taking its pullback from post-spot Bitcoin ETF approval highs above $49,000 to nearly 20%. Having shed over 3.5% since the start of the day, the BTC price was last changing hands just above $40,000. Reports...
Bitcoin Price Prediction: BTC Plunges to $41,000; Fidelity ETF Delays Amid CBDC Threat
19.1.2024
In a dynamic turn of events, Bitcoin’s price plummeted to $40,930, marking a significant nearly 4% decrease as of Friday. This downturn comes amid a broader context of financial uncertainty, where the US Dollar is poised for a consecutive weekly rise due to subdued expectations for interest...
Bitcoin Plunges Below $41K as 'Sell the Bitcoin ETF News' Wins the Day
18.1.2024
Despite sizable net inflows into the new spot ETFs, bitcoin is lower by more than 12% since the products began trading one week ago
Bitcoin Hash Rate Plunges Ahead of Anticipated Halving Event – Here’s the Latest
18.1.2024
The Bitcoin (BTC) hash rate experienced a significant drop of 34% as a result of a sudden freeze in Texas, causing some miners to scale back their operations due to the strain on the state’s energy grid. The development comes at a crucial time, with the anticipated halving event, where...
Ethereum (ETH), Dogecoin (DOGE), Bitcoin (BTC) Plunge After Holders Capitalize On Gains, Analysts Eye Pullix Presale After It Sells Over 5 Million Tokens In Less Than A Week
26.12.2023
Cryptocurrency markets have witnessed a notable downturn, with major players like Ethereum (ETH), Dogecoin (DOGE), and Bitcoin (BTC) experiencing significant price plunges. This trend has been largely attributed to holders capitalizing on recent gains, leading to a substantial sell-off. Could heads...
Report: Nigerian Currency Plunges to New Low Versus the US Dollar
22.12.2023
The official exchange rate of the Nigerian currency versus the U.S. dollar recently plunged to a record low of 1,248 naira for every greenback. The governor of the Central Bank of Nigeria has told the country’s legislators that he sees the foreign exchange market stabilizing in 2024. Official...
Arweave Founder Accuses Irys of Planning to Fork the Platform, AR Token Plunges
18.12.2023
Arweave founder Sam Williams has taken to X to allege storage solution company Irys has plans to fork his decentralized information storage firm. “Motivated by greed” In a post from Sunday night, Williamson claims Irys is seeking to fork Arweave in an attempt to “drop the dataset...
Crypto Firm SafeMoon Files for Chapter 7 Bankruptcy, SFM Plunges 42%
15.12.2023
The firm's executives were arrested last month on multiple charges
Is ApeCoin Going to Zero? APE Price Plunges 2% in 1 Hour While Bitcoin Minetrix Locks in $4.5 Million of Fresh Investment
29.11.2023
Bored Ape Yacht Club (BAYC) governance token ApeCoin is continuing to grind down with resistance as APE price plunges -2% in an hour, but could this surging alternative token be a superior play amid $4.5m investment? ApeCoin has suffered challenging price action in recent weeks, following...
Openai Shakeup: Sam Altman Out as CEO, Worldcoin’s WLD Plunges
18.11.2023
Following the announcement by Openai, a firm dedicated to artificial intelligence (AI), that Sam Altman is stepping down, Worldcoin, a crypto venture backed by Altman, experienced a 13.5% decline in its native asset WLD compared to the U.S. dollar. Openai, in an open letter addressed to the public...
Bitcoin, Ethereum Technical Analysis: BTC Closes in on $31,000 as S&P 500 Plunges to 4-Month Low
23.10.2023
Bitcoin started the week surging towards the $31,000 level, as the S&P 500 fell to a four-month low. Momentum in crypto markets has remained mostly bullish in recent days, following speculation on upcoming exchange-traded fund (ETF) approvals by the United States SEC. Ethereum rose above...
Coinbase Trading Volume Plunges 52% to $76 Billion, Marks Lowest Quarter After Public Listing
12.10.2023
Coinbase, the largest cryptocurrency exchange by volume in the United States, recorded a significant decline in spot trading volumes as the crypto bear season drags on.
On Oct 11 Bloomberg reported that the low figures posted by the popular exchange in the last quarter could be its lowest in...
Is dYdX Going to Zero? DYDX Price Plunges 7% as Fresh Altcoin Races Past $450,000 Milestone
11.10.2023
Leading crypto DEX dYdX has seen native token DYDX tumble -7% in tumultous loss of 20DMA support, but is dYdX going to zero? Find out here.
The sudden drop has left dYdX holders reeling, as the token enters the biggest losers for October 11 - beaten only by top tokens IOTA and Tezos.
Yet,...
Bitcoin price holds steady as S&P 500 plunges to 110-day low
27.9.2023
The S&P 500 dropped to a 110-day low as the market digests what “higher for longer” means for stocks. Will Bitcoin begin to chart its own path?
Optimism Plunges 9.29% Ahead of $30 Million Token Unlock -What’s Going On?
26.9.2023
Ethereum layer 2 network Optimism faces headwinds as its price slumps nearly 10% in the week ahead of the planned token unlock on Sept 30.
At press time, the price of OP exchanges hands at $1.26 falling by 9.29% over the past seven days. After a sharp fall slightly above 3% yesterday, the token...
BEN Token Plunges 30% as Crypto Influencer Ben Armstrong Apparently Arrested
26.9.2023
Armstrong has had an apparent fallout with his former business partners, several tweets suggest
Ether Turns Inflationary as Network Revenue Plunges to 9-Month Low
22.9.2023
ETH has given up its deflationary status as network fees are falling, putting pressure on the price of the second largest cryptocurrency
Binance’s Bitcoin Trading Volume Plunges 57% as Regulatory Pressure Mounts
19.9.2023
As legal challenges against Binance mount, the average spot BTC trading volume on the platform has decreased 57% since Sep. 1
Biggest Movers: SHIB Plunges to Multi-Month Low on Monday
11.9.2023
Shiba inu started the week by dropping to its lowest point since June, as a red wave swept through cryptocurrency markets. This has pushed the global market cap 1.20% lower at the time of writing. XRP fell by as much as 5%, as Ripple’s battle with the Securities and Exchange Commission (SEC)...