Plunges

© 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…

(Bloomberg) -- Li-Cycle Holdings Corp., which is set to receive significant backing from the Biden administration, saw its share price slashed nearly in half after announcing it would pause construction on a first-of-its-kind…

Receive free Oil updatesWe’ll send you a myFT Daily Digest email rounding up the latest Oilnews every morning.Oil prices plunged by more than $5 a barrel on Wednesday over concerns that sharp increases in borrowing costs caused by higher…

(Photo by Michael Nagle/Xinhua via Getty Images)US stocks plunged on Tuesday after bond yields surged to a new cycle-high not seen since 2007.Higher interest rates have upended investors appetite for risk as cash yields hit more than 5%.The…

Amid the bankruptcy proceedings of crypto exchange FTX, the market is in a state of heightened anxiety, and Solana (SOL) in particular saw a 7% drop in price yesterday following the spread of rumors. FTX is…

The crypto market has lost its sparkle lately, with bitcoin futures trading volume drying up as the flagship cryptocurrency struggles to stay afloat.  Bitcoin futures open interest, which measures the buzz…

Israeli wireless electric vehicle (EV) charging technology company Electreon Wireless (TASE: ELWS) today announced that the Swedish Transport Administration (TRV) has decided to cancel the tender for building an electric…

Algorand’s (ALGO) performance on the charts has been nothing short of a rollercoaster. According to data from CoinGecko, yesterday, the asset’s value plummeted to a historical bottom, and it’s currently down by…

The net profit of the Polish forex and contracts for difference (CFD) broker, XTB, slumped by 12.2% to zł421 million during the first half (H1) of 2023 when compared to the same period a year earlier. Similarly, the revenue of the broker…

In the bitcoin and cryptocurrency market, stablecoins have emerged as a critical component of liquidity, often dubbed the “dry powder.” Stablecoins such as Tether (USDT), USD Coin (USDC), and TrueUSD (TUSD) provide a safe haven for…