Category: drop
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Finance Bill: MPs drop ‘punitive’ taxes as Kenyans protest
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The National Assembly Finance Committee bowed to pressure from various stakeholders and dropped a number of controversial provisions in the 2024 Finance Bill, even as Kenyans took to the streets in Nairobi on Tuesday morning to protest the proposed laws. This afternoon, the committee is expected to submit its report…
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NFT sales drop 16% to less than $122 million: What Happened?
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This week saw a significant decline in the non-fungible token (NFT) market, which saw sales decline by approximately 16% after a 17% surge the previous week. for every CryptoSlamTotal sales reached $121.7 million, with more than 519,000 buyers and sellers actively trading. Blockchain NFT Sales Collapse Blockchains by NFT Sales…
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Solana Hits Major Support At $141 Amid Bitcoin Drop, Analyst Says It’s Time To Buy
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Solana price action It has been in decline In the past 30 days, the cryptocurrency recently fell to $141.3, its lowest price in the time frame. Interestingly, this decline has brought Solana to a key support level, which may be possible Change course In price movement over the next 30…
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Solana Hits Major Support At $141 Amid Bitcoin Drop, Analyst Says It’s Time To Buy
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Solana price action It has been in decline In the past 30 days, the cryptocurrency recently fell to $141.3, its lowest price in the time frame. Interestingly, this decline has brought Solana to a key support level, which may be possible Change course In price movement over the next 30…
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80% Drop In 9 Hours After Exploiter Mints 1B Additional HLG
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The world of cryptocurrencies was shaken by another security breach, also called the holographic hack Holographic platform, which is an outstanding solution for multi-channel encoding. Within hours, a malicious actor exploited a vulnerability in Holograph’s smart contracts, minting a staggering 1 billion HLG tokens – the platform’s native cryptocurrency. This…
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Unveiling Bitcoin’s Drop To $65,000: Here’s How Much BTC Miners Sold
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Bitcoin has faced a significant amount of selling pressure over the past week, according to the latest on-chain data. This downward pressure is expected to have a noticeable impact on the price of the leading cryptocurrency. According to CoinGecko data, Bitcoin’s value has fallen by approximately 5% in the past…
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Unveiling Bitcoin’s Drop To $65,000: Here’s How Much BTC Miners Sold
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Bitcoin has faced a significant amount of selling pressure over the past week, according to the latest on-chain data. This downward pressure is expected to have a noticeable impact on the price of the leading cryptocurrency. According to CoinGecko data, Bitcoin’s value has fallen by approximately 5% in the past…
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Red Alert For Polkadot (DOT): Double-Digit Drop Sparks Investor Fears
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Polkadot (DOT), the self-proclaimed “king of interoperability” and once a darling of the 2021 bull market, is It is currently trading at around $6.42, That’s a far cry from its November 2021 peak of around $60. There is still a glimmer of optimism for DOT despite the overall bearish outlook,…
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FET, OCEAN, And AGIX Drop 8% After ASI Token Merger Delay
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The Artificial Super Intelligence (ASI) Alliance announced the postponement of its token merger to next month after presenting logistical and technical issues. The alliance is set to merge Fetch.AI (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) into the ASI token on Thursday. As a result, the three AI tokens faced…
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Migrant arrests drop at US-Mexico border as Biden asylum ban rolls out By Reuters
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Written by Ted Hesson WASHINGTON (Reuters) – The number of migrants apprehended crossing the U.S.-Mexico border illegally fell on Friday, a senior U.S. border official told Reuters, saying it suggested the Biden administration’s new restrictive policy was deterring some illegal immigration. The U.S. Border Patrol arrested about 3,100 people who…
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Meme coins drop over 10% following GameStop’s stock crash
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Meme coins saw a notable decline alongside the GameStop stock collapse on June 7. Although the decline was smaller than GameStop’s, major coins like Pepe, Dogewheat, Floki, and Bonk fell more than 10%. The unpredictability of the market was evident as GameStop stock had risen 47% the previous day in…
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Meme coins drop over 10% following GameStop’s stock crash
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Meme coins saw a notable decline alongside the GameStop stock collapse on June 7. Although the decline was smaller than GameStop’s, major coins like Pepe, Dogewheat, Floki, and Bonk fell more than 10%. The unpredictability of the market was evident as GameStop stock had risen 47% the previous day in…
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Bitcoin, Ethereum On Exchanges Drop To New Lows, What A Supply Squeeze Would Mean For The Market
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Recent data shows that Bitcoin (BTC) supply And Ethereum (ETH) on exchanges decreased significantly. This means The largest crypto codes In terms of market cap it could be well poised for big moves to the upside, with an impending supply squeeze. The supply of Bitcoin and Ethereum has fallen to…
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Dollar set for first monthly drop after US inflation readout By Reuters
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Written by Hannah Lange NEW YORK (Reuters) – The dollar fell on Friday and was headed for its first monthly decline in 2024 after data showed U.S. inflation rose in line with expectations in April, which did not clarify much about the extent to which the U.S. Federal Reserve could…
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Southeast Asia hit with dealmaking slump, with 39% drop in PE deal value in 2023
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Private equity investments It is being reduced Around the world, as “higher for longer” interest rates and uncertain global growth have dampened investors’ appetite for risk, Southeast Asia, which just a few years ago was seen as an emerging hotspot for the digital economy, is no exception. A new report…
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Tons of Volatility Amid SEC’s Ethereum ETF Approval: BTC and ETH Drop by 4% (Market Watch)
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The cryptocurrency market appears to be quite vulnerable to ETF approvals, and the past 24 hours have brought further enhanced volatility to the entire sector. After the hype has settled since the start of the work week, the largest cryptocurrencies, including one that got the green light from the Securities…
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Is This MEV Trading Firm Responsible For Ethereum’s Drop Below $3,800?
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Ethereum is flat, trending higher, and outperforming the world’s most valuable currency, Bitcoin. Earlier in the day, Ethereum prices broke the $3,900 level before falling sharply to below $3,800 and bouncing back to spot prices. In an attempt to explain the unexpectedly high volatility, especially with prices rapidly falling from…
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Is This MEV Trading Firm Responsible For Ethereum’s Drop Below $3,800?
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Ethereum is flat, trending higher, and outperforming the world’s most valuable currency, Bitcoin. Earlier in the day, Ethereum prices broke the $3,900 level before falling sharply to below $3,800 and bouncing back to spot prices. In an attempt to explain the unexpectedly high volatility, especially with prices rapidly falling from…
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NFT weekly sales drop to $145m, Bitcoin leads in downturn
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Over the past seven days, the non-fungible token (NFT) market has seen sales reach $145 million, reflecting a decline of more than 9% from the previous week. This contraction continues the trend of declining sales over recent weeks, with four out of five blockchains by sales volume seeing a decline…
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Dollar set for weekly drop on US slowdown signs By Reuters
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Written by Tom Westbrook SINGAPORE (Reuters) – The dollar headed for its biggest weekly decline against the euro in two-and-a-half months on Friday as signs of slowing inflation and a slowing U.S. economy raised the prospect of an interest rate cut. The euro rose 0.9% against the dollar this week,…