Search
Bitcoin Price Plunges to $55k Mark
4.5.2021
Like all other asset classes, cryptocurrency investment also comes with its share of turbulence and volatility. In recent months, the cryptocurrency market has mainly witnessed positive momentum in its valuation and digital coin prices. This year 2021, has specifically gone excellent for...
Turkey Bans Cryptocurrency Use for Payments as Local Currency Plunges
16.4.2021
The Central bank of the Republic of Turkey has issued a cryptocurrency regulation prohibiting the use of cryptocurrencies for payments of goods and services. From the end of this month, crypto assets cannot be used directly or indirectly as a means of payment in the country and no service can...
Riot Blockchain stock plunges with Bitcoin as market correction deepens
25.3.2021
RIOT stock was down by as much as 14.4% on Thursday
The Turkish Lira Plunges Following Removal of a Central Bank Governor, BTC Searches up
23.3.2021
The Turkish lira currency plunged by more than 10% on March 22 after the country’s President Recep Tayyip Erdogan unexpectedly fired Naci Agbal, the country’s central bank governor. Having initially touched a new low of 8.280 a dollar, the lira recovered to close at 7.75 a dollar...
Discount on Grayscale’s GBTC Plunges to New Record Low as Competition From Emerging Rivals Intensifies
7.3.2021
The premium on Grayscale Investment’s GBTC, which turned negative for the first time on February 23, is continuing its downward slide. As the latest Glassnode data shows, the GBTC was trading at a record low discount of -11.92% on March 4, 2021. According to the same data, this new low is...
Bitcoin plunges, Ethereum suffers, Musk loses billions: Hodler’s Digest, Feb. 21–27
27.2.2021
Janet Yellen Warns Bitcoin Is ‘Extremely Inefficient’ and ‘Highly Speculative’ as BTC Price Plunges
23.2.2021
U.S. Treasury Secretary Janet Yellen has warned about the dangers of bitcoin as the price of the cryptocurrency took a nosedive. She sees bitcoin as a highly speculative asset and is worried about potential losses investors can suffer. Yellen also believes that bitcoin is not widely used as...
Riot Blockchain stock plunges 20% following parabolic rally
18.2.2021
The crypto mining company has been on an absolute tear this month. On Thursday, the stock corrected sharply lower
Market Wrap: Bitcoin Plunges to $30.3K as Options Traders Bet on Sub-$800 Ether
11.1.2021
Bitcoin’s huge sell-off by over $8,000 in the past 24 hours while options traders clearly are betting that ether is overvalued
First Mover: XRP Plunges 20% as Traders Assess SEC’s Ripple Suit
23.12.2020
The SEC's suit against Ripple has triggered a steep sell-off in price for the payments token XRP. Meanwhile, prices for Chainlink's token have increased sevenfold this year, most among CoinDesk 20
XRP Token Plunges Nearly 40% Following the Announcement of SEC Charges Against Ripple
23.12.2020
Ripple’s XRP has lost almost 40% of its value after the token price dropped from $0.51 on December 21 to $0.31 at the time of writing. The token’s plunge appears to be the result of legal proceedings initiated against Ripple by the US Securities and Exchange Commission (SEC). At...
XRP price plunges 21% in two days as SEC targets Ripple — What’s next?
22.12.2020
The XRP price correction is exacerbated by reports of a looming lawsuit against Ripple
Bitcoin plunges below $18,000 — Here are the levels to watch next
9.12.2020
Downward pressure sees Bitcoin stop trading sideways to fill more of the giant $1,300 CME futures gap on Wednesday
Origin Defi Protocol Suffers Massive Flash Loan Attack- OUSD Stablecoin Value Plunges 85%
18.11.2020
The OUSD stablecoin issuer, Origin Protocol is the latest Defi protocol to fall victim to a flash loan attack. The attack, which occurred in the early hours of Tuesday, on November 17, resulted in the disappearance of tokens worth millions of dollars. Confirming the attack, one of...
Uniswap’s liquidity plunges 40% in a day as incentives dry up
17.11.2020
Almost 40% of liquidity on leading DEX Uniswap has left the platform with the end of UNI rewards for liquidity providers
Argentina’s Peso Plunges After Central Bank Tightens Foreign Exchange Controls: Citizens Discuss Bitcoin Adoption
18.9.2020
The Argentine peso plunged by more than 10% shortly after the country’s central bank announced measures to tighten controls on the movement of foreign currency. The peso, which is officially pegged at 72 for every USD, touched new lows of 145 to the greenback on the black market. The latest...
Bitcoin Plunges $403 in 1 Hour to Lowest in Month
3.9.2020
Price plunge came after reports that traders were selling an elevated level of bitcoin to exchanges for potential liquidation
Stock Trader Dave Portnoy Dives Into Bitcoin, Only to Panic-Sell After Chainlink Plunges
22.8.2020
High profile stock trader Dave Portnoy has panic sold his bitcoin one week after he got into cryptocurrency. He cited the falling price of chainlink, another of his crypto investments, as the main reason. Dave Portnoy Got in and Out of Crypto in One Week American trader and founder of Barstool...
YAM Token Holders ‘Burnt the Hardest’ After Price Plunges to Zero
13.8.2020
Yam Finance, an experimental DeFi protocol, crashed to zero after the discovery of a rebase bug. Compound, Yearn Finance, and Balancer plunged shortly thereafter
Lebanon’s Financial Meltdown: Currency Plunges 80%, Huge Losses at Central Bank, IMF Bailout Stalled
29.6.2020
The financial crisis in Lebanon has seen its currency, the Lebanese pound, fall 80%. The International Monetary Fund (IMF) has estimated that the country’s central bank has accumulated losses as much as 170 trillion pounds. The disagreement between the Lebanese government and the central bank...