Category: Selloff
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TikTok appeals to US Supreme Court in last-ditch attempt to halt forced sell-off or ban
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TikTok has filed a final appeal with the US Supreme Court in a last-ditch effort to block the implementation of a new US law that could force the platform’s Chinese parent company, ByteDance, to sell the popular video app or face a nationwide ban. ByteDance and TikTok filed an emergency…
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Bitcoin Long-Term Holders Complete Largest Market Sell-Off Since 2021, Is The Top Here?
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as Bitcoin price continues its upward momentumOn-chain data reveals that long-term Bitcoin holders have begun selling their assets. Historically, similar market behavior has coincided with market tops in the 2021 bull cycle, raising the question of whether the leading cryptocurrency is finally approaching its peak. Market peak. Are long-term Bitcoin…
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Bitcoin Sell-Off Likely When This Metric Reaches 4%, Analyst Explains
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This article is also available in Spanish. As Bitcoin (BTC) fluctuates around the critical price level of $100,000, some investors may be looking for the perfect opportunity to take profits and exit the market. In this context, CryptoQuant’s analysis highlights a key BTC metric that can serve as a valuable…
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Is A Bitcoin Sell-Off Coming? US Government Moves 10,000 BTC To Coinbase
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This article is also available in Spanish. With the price of Bitcoin holding just below its all-time high of $99,540, the significant move by the US government has raised concerns among investors. The government has transferred a large amount of its seized Bitcoin holdings to Coinbase, which may indicate sell-off…
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Is A Bitcoin Sell-Off Coming? US Government Moves 10,000 BTC To Coinbase
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This article is also available in Spanish. With the price of Bitcoin holding just below its all-time high of $99,540, the significant move by the US government has raised concerns among investors. The government has transferred a large amount of its seized Bitcoin holdings to Coinbase, which may indicate sell-off…
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HP, Dell’s weak forecasts spark share selloff, doubts over PC market recovery
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(Reuters) – Shares of Dell and HP fell on Wednesday after personal computer makers issued forecasts that cast doubt on a market rebound driven by artificial intelligence-enabled computers. Dell fell 13% in trading before the bell, with the company set to lose nearly $13 billion of its $99.50 billion market…
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Prospects of a Trump win and huge tariffs spark worst sell-off for emerging market stocks in 10 months
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Trump announced that “there will be no third debate” in a post on Thursday.Chip Somodevilla/Getty Images Emerging market stocks are headed for their worst monthly decline since January. This recession comes as Trump’s chances of winning the upcoming US elections increase. Trump pledged to significantly raise tariffs on imports to…
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Asian Shares Decline as Bonds Extend Selloff: Markets Wrap
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(Bloomberg) — Asian stocks fell for a second day along with bonds, as traders consider tempering expectations of interest rate cuts from the Federal Reserve for the rest of the year. Most read from Bloomberg The MSCI AC Asia-Pacific Index fell as much as 1.1% as benchmark indices in Australia…
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Shiba Inu Whales Move 3.02 Trillion SHIB, Are They Leading The Sell-Off?
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Shiba Inu whales have recently been observed making a lot of moves despite the high volatility of the meme coin at the moment. More importantly, these large whales double in size within 24 hours, which could have serious implications for the price of SHIB. As the price of the Shiba…
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Injective (INJ) Down 20% As Market Retracement Forces Sell-Off
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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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Injective (INJ) Down 20% As Market Retracement Forces Sell-Off
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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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Rising interest rates fuel Sh27.1bn bond sell-off by foreigners
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Foreign investors cut their holdings of treasury bonds by 84.6 percent to Sh4.9 billion in the quarter ending June 2024 from Sh32 billion in the same period last year in search of higher returns from shorter-term papers. At the same time, foreigners increased their holdings of treasury bills according to…
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Rising interest rates fuel Sh27.1bn bond sell-off by foreigners
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Foreign investors cut their holdings of treasury bonds by 84.6 percent to Sh4.9 billion in the quarter ending June 2024 from Sh32 billion in the same period last year in search of higher returns from shorter-term papers. At the same time, foreigners increased their holdings of treasury bills according to…
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FLR leads top altcoins in 24-hour gains despite market wide selloff
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FLR has emerged as a major gainer among the top 100 cryptocurrencies, seeing a 21% rise in price over the past 24 hours, driven by positive developments within its ecosystem. Flare (FLR) rose from a low of $0.0149 to a high of $0.0178, eventually settling around the $0.016 range at…
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FLR leads top altcoins in 24-hour gains despite market wide selloff
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FLR has emerged as a major gainer among the top 100 cryptocurrencies, seeing a 21% rise in price over the past 24 hours, driven by positive developments within its ecosystem. Flare (FLR) rose from a low of $0.0149 to a high of $0.0178, eventually settling around the $0.016 range at…
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Dollar stabilizes, euro rebounds after selloff By Investing.com
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Investing.com – The U.S. dollar was steady on Tuesday, while the euro tried to recover from the previous session’s heavy losses. At 04:00 ET (08:00 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was steady at 100.575, just above its lowest level in…
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Dollar stabilizes, euro rebounds after selloff By Investing.com
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Investing.com – The U.S. dollar was steady on Tuesday, while the euro tried to recover from the previous session’s heavy losses. At 04:00 ET (08:00 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was steady at 100.575, just above its lowest level in…
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Ethereum surged 15% in 7 days despite whale sell-off
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On-chain data shows an increase in selling by Ethereum whales over the past week. But the asset’s price has remained bullish. According to data provided by IntoTheBlock, net inflows by large Ethereum (ETH) holders decreased from 85,650 ETH inflows on September 19 to 6,420 outflows on September 23. Net Inflows…
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Ethereum surged 15% in 7 days despite whale sell-off
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On-chain data shows an increase in selling by Ethereum whales over the past week. But the asset’s price has remained bullish. According to data provided by IntoTheBlock, net inflows by large Ethereum (ETH) holders decreased from 85,650 ETH inflows on September 19 to 6,420 outflows on September 23. Net Inflows…
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Ripple Co-Founder Transfers 20 Million XRP, Sparking Selloff Fears And Wallet Hack Concerns
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XRP wallet Another notable transaction from one of the largest XRP holders, likely Chris Larsen, appears to be in preparation for a sell. The transaction, which occurred within the last 48 hours, led to a series of subsequent transfers over the past 24 hours, which were eventually linked to cryptocurrency…