Category: Selloff
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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…
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Nvidia sell-off, growth concerns hit markets By Reuters
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By Tom Wilson LONDON (Reuters) – Stocks fell globally on Wednesday, dragged down by a record sell-off in U.S. chipmaker Nvidia Corp (NASDAQ:NVIDIA) and as expectations of fading global growth hit riskier assets, sending oil prices to multi-month lows and supporting bonds. European stocks fell 1%, with major markets in…
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Nvidia sell-off, growth concerns hit markets By Reuters
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By Tom Wilson LONDON (Reuters) – Stocks fell globally on Wednesday, dragged down by a record sell-off in U.S. chipmaker Nvidia Corp (NASDAQ:NVIDIA) and as expectations of fading global growth hit riskier assets, sending oil prices to multi-month lows and supporting bonds. European stocks fell 1%, with major markets in…
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Wedbush says tech bull thesis unchanged after September selloff By Investing.com
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Investing.com — Tech stocks have been under pressure as markets reopen following the Labor Day holiday. However, analysts at Wedbush remain unfazed by the recent selloff, saying their “bullish thesis for the tech sector remains unchanged.” “As we take note of the uncertain economic/jobs data and preparations for the November…
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Asia to Track Worst US Selloff Since August Crash: Markets Wrap
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Breadcrumbs Path Links PMN Business Asian stocks were set for losses after U.S. indexes posted their worst day since the Aug. 5 market crash, as concerns over growth and monetary policy combined to burn through riskier assets. Article author: Bloomberg News Rob Verdonk Published on September 03, 2024 • Read…
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Is Another Massive Bitcoin Sell-Off Coming?
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This article is also available in Spanish. Bitcoin posts second-worst monthly close In 2024, after finishing August with losses of 8.6%. This is slightly less than the losses of April, when the price fell by 14.76% in a single month. As this red close shook investors, September followed with mixed…
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ETH co-founder Vitalik Buterin: No sell-off, just donations
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Ethereum co-founder Vitalik Buterin responded to critics on Saturday, clarifying whether he had sold any of the Ethereum he had acquired since 2018. “All sales were to support various projects that I believe are valuable, both within the Ethereum ecosystem and broader philanthropy,” Buterin said on August 31. mail On…
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ETH co-founder Vitalik Buterin: No sell-off, just donations
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Ethereum co-founder Vitalik Buterin responded to critics on Saturday, clarifying whether he had sold any of the Ethereum he had acquired since 2018. “All sales were to support various projects that I believe are valuable, both within the Ethereum ecosystem and broader philanthropy,” Buterin said on August 31. mail On…
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The Recent Tech Sell-Off Made This Artificial Intelligence (AI) Stock an Even Better Buy
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buying alphabet (NASDAQ: GOG) (NASDAQ: GOOGLE) Stocks are rarely a bad idea. Imagine you bought $1,000 worth of Alphabet stock on Feb. 25, 2014. It turned out to be the worst day of the year to buy shares in the tech giant. The day’s peak, at a record $30.50 per…
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Kraken Receives $100M in ETH From Ethereum Foundation Wallet: Impending Sell-Off?
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According to data from on-chain transaction tracker Lookonchain, the Ethereum Foundation recently made a major move by depositing 35,000 ETH, worth $94.07 million, on the cryptocurrency exchange Kraken. This large transaction has raised concerns within the Ethereum investor community, especially since it occurred During a slight rise in the cryptocurrency…
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Ethereum Foundation Calms Bearish Concerns, Explain Reason For $94 Million “Selloff”
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A member of the Ethereum Foundation recently addressed investor concerns following the nonprofit’s massive ETH transfer on Friday. This development is particularly significant as the transaction has sparked bearish talk in the crypto community, particularly due to EF’s association with the Ethereum network. $94 Million ETH Transfer Is Not a…
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Ethereum Foundation Calms Bearish Concerns, Explain Reason For $94 Million “Selloff”
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A member of the Ethereum Foundation recently addressed investor concerns following the nonprofit’s massive ETH transfer on Friday. This development is particularly significant as the transaction has sparked bearish talk in the crypto community, particularly due to EF’s association with the Ethereum network. $94 Million ETH Transfer Is Not a…
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1 Stock I Wouldn’t Touch With a 10-Foot Pole, Even After the Market Sell-Off Dropped Its Price
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Despite apple (NASDAQ:AAPL) The stock fell during last week’s selloff to nearly 12% from its 2024 high (as of Tuesday’s close), but that wasn’t enough to make me want to buy it. So why do I feel bad about a stock that so many others are bullish on? It all…
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Amid a 14% Sell-Off, Nvidia Just Hit Investors With a Rude Awakening. What Should Investors Do?
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Capital markets have had a strong start to 2024. However, Standard & Poor’s 500 and Nasdaq Composite Some companies have given up some of their gains over the past month or so as stocks have seen significant selling activity. As of the time of writing, stocks are down artificial intelligence…
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Banana Gun token ignores the crypto sell-off, spikes 110%
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The Banana Gun token price continued its strong recovery on August 17 even as other cryptocurrencies like Bitcoin and Ether retreated. Banana symbol accelerated its rise Banana (BANANA) rose for the second day in a row, reaching a high of $64.47, its highest level since July 26 and 117% above…
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Banana Gun token ignores the crypto sell-off, spikes 110%
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The Banana Gun token price continued its strong recovery on August 17 even as other cryptocurrencies like Bitcoin and Ether retreated. Banana symbol accelerated its rise Banana (BANANA) rose for the second day in a row, reaching a high of $64.47, its highest level since July 26 and 117% above…
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Stocks secure best week of the year, reversing early August sell-off
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Despite the recent rally in tech stocks, mega-cap names like Alphabet (GOOG, GOOGL), Amazon (AMZN), and Microsoft (MSFT) have seen their shares decline over the past month as investors question the viability of the AI space. Shares of Google parent Alphabet Inc. fell 14%, while Amazon shares fell about 8%.…
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3 sectors to consider amid selloff in European stocks: HSBC By Investing.com
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Amid the recent sell-off in European stocks, HSBC analysts have recommended focusing on three key sectors: healthcare, industrials and the UK market. The guidance comes as broader market conditions shift and defensive investments gain momentum. Healthcare: HSBC continues to favor the healthcare sector due to its defensive nature. In times…
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Citi upgrades Nevro to neutral following sell-off (NYSE:NVRO)
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Adam Goulet Citi has upgraded Nevro (New York Stock Exchange: NFPRO) to neutral, citing the recent sell-off in the stock following the company’s revised guidance. The investment bank noted that Nevero’s shares have fallen about 74% since the beginning of the year, adding that it believes “there is little near-term…