Search Results for: plummeted

Pacwest Stock Plummets Over 35% Following Release of Q1 Earnings Report Amidst Turmoil in Banking Industry

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Following the acquisition of First Republic Bank by JPMorgan Chase, several regional banks such as Pacwest and Western Alliance experienced a significant drop in their stock prices. On Tuesday afternoon, all four major U.S. benchmark stock indexes are in decline as…

Äärmuslik turu turbulents: Kriitikud helistavad Warreni Silvergate'i väitele, et see on kohutavalt valesti informeeritud,SVB kukub kokku, Vitaliku märgi müük liigutab turge, ja rohkem – nädala ülevaade

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Rahanduses on olnud rahutu nädal, kui niinimetatud krüptosõbralik Silvergate Bank teatas oma likvideerimisest, USA. Senaator Elizabeth Warren süüdistab sündmust “krüptorisk,” ja üksikisikud sotsiaalmeedias, kes osutavad, et Warren on “kohutavalt valesti informeeritud.” Lisaks, USA. Regulaatorid…

Ahelanalüüs: Crypto Scam Revenue Dropped 46% sisse 2022

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Revenue from cryptocurrency scams dropped 46% sisse 2022, according to blockchain data analytics firm Chainalysis. “We attribute most of this decline to market conditions, as scam performance tends to worsen when cryptocurrency prices are in decline,” the firm explained. ‘Crypto Scam…

Indian Government Introduces New Crypto Tax Penalties

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The Indian government has introduced new crypto tax penalties, including for non-payment of crypto tax deducted at source (TDS). Much to the disappointment of the crypto community, Finance Minister Nirmala Sitharaman did not mention crypto in her Budget speech this year….

Mad Money’s Jim Cramer Wants Crypto Investors to Bet Against Him — ‘I Have Done This for 42 Years’

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Mad Money saatejuht, Jim Cramer, has challenged crypto investors to bet against him. “You do not do this for 42 years and lose money every year,” ta ütles. His statement followed a filing with the U.S. Securities and Exchange…

JNE, RVN, ERGO Hashrate Soars Following The Merge, Large Quantity of Hashpower Awaits ETHW Fork

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Ethereum has officially transitioned from a proof-of-work (PoW) network to a proof-of-stake (PoS) system after seven years of operating as a PoW blockchain. The Merge has forced ethereum miners to transition to other PoW-based tokens and after the ruleset change was…

70 juurde 90% Down — Crypto Economy’s Decline Shakes Out $2 Trillion in 8 Kuud

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During the past eight months, crypto assets have shed enormous value against fiat currencies like the U.S. dollarit. Bitcoin has shed 69% since the leading crypto asset’s all-time high on November 10, 2021, when the digital currency’s value tapped $69K per…

Argentina Runs to Stablecoins Amidst Political and Economic Uncertainty

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Citizens of Argentina are hedging their savings by using stablecoins amidst the recent climate of uncertainty created by the resignation of certain key members of the government. The minister of economy in the country resigned last weekend, alongside other personalities, creating…

Aruanne: Huobi to Start Layoffs That Could ‘Exceed 30%’ — Founder May Sell Stake in Company

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According to the Chinese journalist Colin Wu, otherwise known as “Wu Blockchain,” the cryptocurrency company Huobi may lay off 30% of the firm’s staff due to “a sharp drop in revenue.” Lisaks, the reporter claims that Huobi’s co-founder Leon Li is…

Crypto Firm Voyager Digital Secures a $500M Line of Credit From Alameda Ventures to Cope With 3AC Exposure

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Kolm päeva tagasi, Bitcoin.com News reported on the publicly listed company Voyager Digital after the crypto firm announced that it was owed $655 million worth of digital assets. Now according to a press release from Voyager, the company has secured funds…