The timing is particularly awkward for Trump, who has repeatedly pointed to stock market performance as evidence of his administration’s economic success. …
plunges
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Markets
Jack Dorsey's Block faces $764 million DOJ settlement as bitcoin profit plunges 50%
by shayaanby shayaanThe proposed agreement would resolve a federal anti-money-laundering investigation, while lower Cash App trading fees halved Block’s quarterly bitcoin gross profit. www.coindesk.com
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Scams
Reddit Stock Plunges 30% as Google’s AI Search Hits Traffic and User Growth
by shayaanby shayaanIn brief Reddit shares plunged 30.44% to $90.15 on Friday, extending their weekly decline to 44%. CEO Steve Huffman said Google search …
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Among Google’s suite of products, Google Cloud stood out after experiencing 103% growth to $30.71 billion against the projected $29.15 billion. Meanwhile, …
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Markets
Bitcoin treasury Datavault AI plunges 50% after firm says it can’t access its BTC
by shayaanby shayaanThe company said the accounting correction will cut reported assets by $92.2 million at the end of 2025 after bitcoin held on …
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The amount of money the crypto media firm has been shopping itself for was not revealed. www.coindesk.com
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Bitcoin slides 2% after U.S. close while Korea’s Kospi plunges 10% www.coindesk.com
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DeFi
DeFi TVL Plunges 39% Year-to-Date; Only Tron and Hyperliquid Buck the Trend
by shayaanby shayaanThe total value locked (TVL) across decentralized finance (DeFi) protocols has fallen for six consecutive months, according to a new report from …
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Finance
WLD plunges 20% as Hayes dumps token a day after saying he would keep holding it
by shayaanby shayaanCrypto investment opinions are changing in less than 24 hours these days. Arthur Hayes, co-founder of crypto exchange BitMEX and chief investment …
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Scams
Winklevoss-Backed Zcash Treasury Plunges Nearly 40% on ZEC Privacy Bug Concerns
by shayaanby shayaanIn brief Cypherpunk Technologies shares tumbled 37% on Friday as jitters tied to a Zcash bug knocked the Winklevoss-backed firm. The company, …