Plunges

BitForex, a Hong Kong-based cryptocurrency exchange, has recently faced significant disruptions as it abruptly went offline following the mysterious withdrawal of $57 million from its hot wallets. The situation was first brought to light by…

The cryptocurrency market was rattled as Dogecoin (DOGE) experienced a significant 5% decline in value, sending shockwaves through the industry. This decline, which caught many investors off guard, is attributed…

On-chain data shows the Bitcoin Inscription craze is dying as the miner revenue from transaction fees has plunged. Bitcoin Miner Revenue From Fees Has Dropped To Just 6% Now At the end of 2022, a new application of the Bitcoin…

(Bloomberg) -- New York Community Bancorp plunged a record 46% after reporting a surprise loss tied to deteriorating credit quality and a cut to its dividend.Most Read from BloombergThe company lowered its quarterly payout to shareholders…

(Bloomberg) -- Intel Corp. tumbled in late trading after delivering a disappointing forecast on Thursday, renewing doubts about a long-promised turnaround at the once-dominant chipmaker.Most Read from BloombergIntel’s first-quarter…

(Bloomberg) -- Archer-Daniels-Midland Co. plunged 24%, the most on record, after the US agricultural trading giant suspended its chief financial officer and cut its earnings outlook pending an investigation into its accounting…

© Reuters. MUMBAI - Delta Corp, a prominent gaming and hospitality company, has reported a sharp decline in its consolidated net profit for the third quarter, which fell by 59% year-on-year to ₹34.48 crore. The company's income from…

Bitcoin has seen a plummet of almost 7% today as on-chain data shows the miners have continued to apply their selling pressure. Bitcoin Miner Reserve Has Continued To Head Down Recently As pointed out by analyst Ali in a new post…

(Bloomberg) -- Anglo American Plc plunged 18% after unveiling plans to cut drastically the amount of commodities it mines in a bid to reduce costs amid logistical and operational snarls at its operations.Most Read from BloombergWhile Anglo…

© Reuters. The Nigerian Naira has continued its decline, hitting record lows in both the official and parallel foreign exchange markets. Amidst the ongoing currency crisis, Central Bank of Nigeria (CBN) Governor Dr. Olayemi Cardoso is…