plunge

Ethereum’s exchange holdings plunge to 5-year low

0xMain
May 26, 2023

5year, Ethereums, exchange, Hacking, holdings, plunge

Ethereum (ETH) balances on crypto exchanges have plunged to a five-year low, triggering speculation on its future price action. Intriguing developments have always marked the ebb and flow of the crypto market, and this week is no exception. The show’s star is ether,...

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Bitcoin’s dramatic plunge from $31k

0xMain
April 21, 2023

31k, bitcoins, dramatic, Hacking, plunge

Bitcoin’s dramatic fall from its high of $31,000 has left the market reeling, with experts analyzing the factors that contributed to this sudden downturn and questioning the cryptocurrency’s future as a viable investment. After a seemingly unstoppable surge, bitcoin’s meteoric rise to $31,000...

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Bitdeer shares plunge over 35% since Nasdaq debut

0xMain
April 20, 2023

Bitdeer, debut, Hacking, Nasdaq, plunge, shares

Singapore-based crypto miner Bitdeer has experienced a difficult start to life as a public company, with its shares plunging over 35% since its debut on the Nasdaq on April 14. The company reported a net loss for 2022 on April 20. Net loss...

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MakerDAO’s emergency proposal triggers 26% MKR price plunge

0xMain
March 21, 2023

emergency, Hacking, MakerDAOs, MKR, plunge, price, proposal, triggers

The maker (MKR) token dropped 26% in value within a week following the news of an emergency proposal to address the DeFi protocol’s $3.1 billion USDC exposure, raising concerns among investors and stakeholders. MakerDAO, the decentralized finance (DeFi) protocol behind the Maker (MKR)...