South Korea’s Korea Exchange halted trading in KOSPI-listed shares for 20 minutes on July 28 after the benchmark fell 8.02% to 6,213.51. …
Plunge
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Scams
Strive Blames Leverage Liquidations After SATA and Bitcoin Giant Strategy’s STRC Plunge
by shayaanby shayaanIn brief Strive CEO Matt Cole called Thursday’s preferred equity performance the “most difficult day ever” for digital credit products. Strive’s SATA …
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Markets
Live markets: bitcoin's plunge continues, putting February $60,000 low back in play
by shayaanby shayaanGoogle overnight set an $80 billion capital raise, including $10 billion from Berkshire Hathaway, reflecting the continuing flood of money headed into …
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Smart Contracts
Bitcoin Firm Nakamoto Plots 1-for-40 Stock Split Following 99% Price Plunge
by shayaanby shayaanIn short Bitcoin company Nakamoto implements a 1-for-40 reverse stock split. This move is intended to help the company reach a $1 …
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Mining
Canaan Shares Plunge as CEO Says Middle East Conflict Is Clouding Outlook for Bitcoin Miners
by shayaanby shayaanIn brief Canaan’s revenue dropped 68% quarter-over-quarter to $62.7 million, triggering a widening net loss of $88.7 million. To secure “survivability,” the …
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Scams
XRP New Addresses, Active Supply Plunge Amid Shift to ‘Institutional Rails’
by shayaanby shayaanIn brief New daily XRP addresses fell 85% from 18,000 in December 2024 to 5,020, with monthly active supply down 73% over …
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According to the CME Group FedWatch Tool, there is now a 99.5% probability that the Federal Reserve will keep interest rates unchanged, …
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Finance
Asian Markets Plunge as Iran War Enters Fourth Week, Hormuz Deadline Looms
by shayaanby shayaanAsian stock markets suffered sharp losses Monday as the US-Iran war entered its fourth week with no sign of de-escalation, while a …
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The price of Bitcoin rapidly fell overnight as the United States and Israel began joint “major combat operations” in Iran, bombing numerous …
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Markets
Bitcoin tumbles back near last week's lows as AI fears crush tech and precious metals plunge
by shayaanby shayaanThe strong correlation between crypto and the software sector reasserted itself on Wednesday www.coindesk.com