Nosediving – Cryptocurrencypanther

$170,000,000: Shiba Inu (SHIB) Open Interest Nosediving – U.Today

admin — Fri, 07 Feb 2025 12:12:07 +0000

$170,000,000: Shiba Inu (SHIB) Open Interest Nosediving U.Today

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Why Shiba Inu (SHIB) Is Nosediving – msnNOW

admin — Mon, 05 Jun 2023 20:49:58 +0000

Why Shiba Inu (SHIB) Is Nosediving msnNOW

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Why Shiba Inu (SHIB) Is Nosediving – Benzinga

admin — Mon, 05 Jun 2023 19:48:46 +0000

Why Shiba Inu (SHIB) Is Nosediving Benzinga

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Why Bitcoin-, Ethereum- And Dogecoin-Related Stocks Are Nosediving – Benzinga

admin — Mon, 01 May 2023 19:13:49 +0000

Why Bitcoin-, Ethereum- And Dogecoin-Related Stocks Are Nosediving Benzinga

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Why Dogecoin Is Nosediving – Benzinga

admin — Sun, 26 Feb 2023 05:34:48 +0000

Why Dogecoin Is Nosediving Benzinga

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Here’s Why Cardano (ADA) Is Nosediving 9% Lower Today – Cardano (ADA/USD)

admin — Fri, 25 Nov 2022 04:53:35 +0000

Cardano ADA/USD is trading near session lows, down by 9.48% to $0.37 per Benzinga Pro, going into the close of Tuesday’s U.S. trading session. The altcoin is lower amid concerns over the financial condition of cryptocurrency exchange FTX.

What Happened?

Reports surfaced Tuesday that FTX was halting withdrawals as it saw investors liquidate positions.

As investors were dissecting the news and impact from the selloff, the leaders of Binance and FTX made a surprising announcement.

“This afternoon, FTX asked for our help. There is a significant liquidity crunch. To protect users, we signed a non-binding LOI, intending to fully acquire FTX.com and help cover the liquidity crunch. We will be conducting a full DD in the coming days,” Binance CEO Changpeng Zhao tweeted…Read More

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Why Dogecoin Spin-Off Shiba Inu (SHIB) Is Nosediving Today By Benzinga

admin — Tue, 12 Jul 2022 01:49:05 +0000

Shares of several popular altcoins, including (CRYPTO: SHIB), are trading lower Monday in sympathy with apex cryptocurrency (CRYPTO: BTC) and second-largest market cap crypto, (CRYPTO: ETH).

The broader cryptocurrency sector was lower throughout weekend trading, and volatile throughout Monday’s trading session amid ongoing U.S. economic concerns and ahead of this week’s CPI report.

Morningstar reported the analyst consensus expects CPI to come in at elevated levels at 8.8%, which is slightly higher than the 8.6% reading in May. Stocks across sectors and cryptocurrencies fell in June amid overall market weakness after CPI data showed prices rose in May. Rising inflation has caused concerns about a slowdown in economic activity, which could impact the broader crypto sector.

In June, according to the Bureau of Labor Statistics, the all-items CPI figure increased 8.6% for the 12 months ending May, the largest 12-month increase since the period ending December 1981.

Recent weakness for cryptos is also in sympathy with the overall stock market as traders continue to digest recent Federal Reserve rate hike announcements. Cryptocurrencies have been seen by some investors as a speculative hedge against inflation and the Fed’s plans to curb inflation could weigh on the broader cryptocurrency sector.

According to data from Benzinga Pro, Shiba Inu is trading lower by 6.39% to $0.00001040 Monday evening.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Why Dogecoin Spin-Off Shiba Inu Is Nosediving Today

admin — Thu, 12 May 2022 01:56:24 +0000

Shares of several popular altcoins, including Shiba Inu SHIB/USD, are trading lower again Wednesday in sympathy with apex cryptocurrency Bitcoin BTC/USD and second-largest market cap crypto, Ethereum ETH/USD.

The broader cryptocurrency sector was highly volatile throughout Wednesday’s trading session following the April CPI report, which showed worse-than-expected inflation.

The headline CPI rose 8.3% in April, down slightly from 8.5% in March but above economist estimates of 8.1%. Prior to 2022, the CPI hadn’t risen 8.3% in any month since 1982. Core inflation, which excludes volatile food and energy prices, was up 6.2% in April, above economist estimates of a 6% gain… Read More

Recent weakness for cryptos is also in sympathy with the overall stock market as traders continue to digest last Wednesday’s Fed rate hike announcement. Cryptocurrencies have been seen by some investors as a speculative hedge against inflation and the Fed’s plans to curb inflation could weigh on the broader cryptocurrency sector.

See Also: Why Coinbase Stock Is Trading At 52-Week Lows

According to data from Benzinga Pro, Shiba Inu is trading lower by 24.55% to $0.00001221 Wednesday evening.

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