Category: Losses
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October Crypto Losses Drop, But Total Hacks Still Top $1.4 Billion This Year
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According to another a report From blockchain security company Immunefi, the cryptocurrency sector will face continued challenges with hacks and scams in 2024. The report highlights that although exploitation losses have declined month-on-month, the industry has seen more than $1.4 billion lost due to 179 hacks and scams this year.…
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BNB Under Siege: Failed Recovery Sparks Fears of Deeper Losses
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BNB finds itself under renewed selling pressure as its latest recovery attempt fails, leaving the cryptocurrency vulnerable to further losses. Despite the brief upward move, BNB’s failure to break through key resistance levels has raised concerns about a deeper decline. With technical indicators pointing to potential weakness ahead, the question…
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Long Positions Liquidated Lead To 16% Losses
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They say journalists never stop working. But for Christian, this is not just a metaphor, it is a way of life. By day, he navigates the ever-changing tides of the cryptocurrency market, using words like a seasoned editor and crafting articles that decode jargon for the masses. When a computer…
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Long Positions Liquidated Lead To 16% Losses
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They say journalists never stop working. But for Christian, this is not just a metaphor, it is a way of life. By day, he navigates the ever-changing tides of the cryptocurrency market, using words like a seasoned editor and crafting articles that decode jargon for the masses. When a computer…
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Lido (LDO) Faces Massive Correction As Token Losses Mount To 20%
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Lido (LDO)’s short-term position remains at risk in the face of a market-wide correction phase, dragging the altcoin market into the mud. At the time of writing, the token exists lost More than 20% of the value, which represents a significant decline in investor sentiment. The market was not in…
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Lido (LDO) Faces Massive Correction As Token Losses Mount To 20%
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Lido (LDO)’s short-term position remains at risk in the face of a market-wide correction phase, dragging the altcoin market into the mud. At the time of writing, the token exists lost More than 20% of the value, which represents a significant decline in investor sentiment. The market was not in…
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Cardano (ADA) Struggles: Can Bulls Prevent Further Losses?
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Cardano price started a new decline from the $0.3850 resistance level. ADA is consolidating above $0.3350 and may attempt a recovery wave. ADA price started moving lower below the $0.3550 support level. The price is trading below $0.350 and the 100 hourly simple moving average. There is a short-term bearish…
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Jasmy, Daddy Tate, Reef lead losses as Bitcoin stalls at $65k
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The popular altcoins suffered a harsh reversal on Sunday, September 29, as Bitcoin’s recent rally stalled a few points below $66,000. Jasmi, Daddy Tate, and Reeve reflect JasmyCoin (JASMY), the popular Japanese cryptocurrency, fell to $0.02326, down 8% from its high on Saturday. Daddy Tate (DADDY), linked to controversial social…
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Jasmy, Daddy Tate, Reef lead losses as Bitcoin stalls at $65k
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The popular altcoins suffered a harsh reversal on Sunday, September 29, as Bitcoin’s recent rally stalled a few points below $66,000. Jasmi, Daddy Tate, and Reeve reflect JasmyCoin (JASMY), the popular Japanese cryptocurrency, fell to $0.02326, down 8% from its high on Saturday. Daddy Tate (DADDY), linked to controversial social…
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Asian stocks rise; China up on repo rate cut, Australia hit by retailer losses By Investing.com
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Most Asian shares rose slightly on Monday amid continued optimism over lower interest rates, while Australian markets lagged as major retail stocks fell sharply in the face of an antitrust lawsuit. Chinese markets rose after the People’s Bank of China cut its short-term lending rate, although overall gains were limited.…
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Dollar bounces after Fed-inspired losses; sterling gains ahead of BoE By Investing.com
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The U.S. dollar rose slightly on Thursday, recovering from its lowest level in more than a year after the Federal Reserve announced a large interest rate cut, while sterling rose ahead of the Bank of England’s latest policy meeting. At 04:25 ET (08:25 GMT), the dollar index, which tracks the…
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Dollar claws back losses after Fed goes big on rate cut By Reuters
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Written by Ray Wee SINGAPORE (Reuters) – The U.S. dollar rose broadly on Thursday, reversing a brief slump following an overly aggressive interest rate cut by the Federal Reserve that was widely priced in by markets. The U.S. central bank on Wednesday began its monetary easing cycle with a larger-than-usual…
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Solana Losses Ground, Drops Below $137 As Bearish Momentum Builds
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This article is also available in Spanish. Solana started to decline again, falling below the $137 support level, indicating that the bearish momentum is gaining. The dragThe once promising uptrend has faltered, leaving traders and Investors Some are wondering if more losses are on the horizon. With selling pressure intensifying,…
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Solana Losses Ground, Drops Below $137 As Bearish Momentum Builds
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This article is also available in Spanish. Solana started to decline again, falling below the $137 support level, indicating that the bearish momentum is gaining. The dragThe once promising uptrend has faltered, leaving traders and Investors Some are wondering if more losses are on the horizon. With selling pressure intensifying,…
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Why importers face losses on KRA impasse with insurers
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Importers face the risk of higher storage costs as thousands of shipments are delayed due to disputes between the Kenya Revenue Authority and insurance companies over new fees imposed on the system used to process customs bond insurance. Customs bond insurance is a guarantee to the Kenya Revenue Authority that…
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Manchester United brand remains strong despite recent financial losses: Jefferies By Investing.com
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Investing.com – Despite recent financial challenges, Manchester United Liverpool Football Club (London:) (NYSE:)’s brand remains resilient and strong. According to analysts at Jefferies, the club’s global recognition and extensive fan base remain the key drivers of its strength, even amid declining financial performance and rising operating costs. Manchester United have…
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Shekel stable after week of heavy losses
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Despite its current weakness, HSBC expects the shekel to strengthen to 3.6 shekels per dollar by the end of 2024 and 3.4 shekels per dollar by the end of 2025. The shekel exchange rate stabilized today against the US dollar and the euro after a week of heavy losses. In…
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Global Domination: Cardano (ADA) Whales Swim To Crypto’s Fastest Growing Meme Coin After Another Week of 12% Losses
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Cardano (ADA), once hailed as a potential game-changer in the blockchain space, is facing significant challenges despite its recent technical upgrades. The latest Chang-Upgrade, designed to push Cardano (ADA) toward decentralization, has been successfully implemented. However, the market reaction has been less enthusiastic, with ADA suffering another 12% drop over…
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Dollar slips lower, struggling to stop losses ahead of payrolls By Investing.com
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The US dollar fell on Thursday, struggling to find its footing after weak economic data raised expectations of a major interest rate cut by the Federal Reserve later this month. At 04:35 ET (08:35 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was…
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Stocks pause days of losses ahead of US jobs data: Markets Wrap
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(Bloomberg) — Global stocks steadied after days of declines as uncertainty persisted over the health of the U.S. economy and the pace of potential interest rate cuts by the Federal Reserve. Most Read from Bloomberg The pan-European STOXX 600 index was little changed, with chemical and mining stocks the biggest…