drop – DIGIT INFO

RENZO ($REZ) Reaches Double Bottom Amidst Intense Liquidations; Whale Takes Significant Loss

DIGIT — Sat, 03 Aug 2024 03:47:28 +0000

Renzo ($REZ) has hit a double bottom, facing intense liquidations since its listing. The selling pressure has driven the price down significantly. Today, a whale, likely an investor in the Renzo project, deposited 34 million $REZ (valued at $2.09 million) onto Binance. Previously, on June 27, 2024, this whale had received 50 million $REZ at a price of $0.0954 per token (totaling $4.77 million) from the multi-signature wallet of Renzo Protocol. Additionally, 14 days ago, the same whale deposited 16 million $REZ ($1.19 million) onto Binance. With today’s deposit, the whale has now transferred the entire amount received to the

The post RENZO ($REZ) Reaches Double Bottom Amidst Intense Liquidations; Whale Takes Significant Loss appeared first on The Merkle News.

Go to Source

Shares of Deutsche Bank, Other Euro Lenders Tumble

DIGIT — Sat, 25 Mar 2023 05:49:58 +0000

Deutsche Bank shares plunged on Friday, along with the stocks of other European banks, amid investor concerns over the stability of the global banking sector. The drop comes in the aftermath of the recent emergency rescue of Credit Suisse and follows losses in U.S. banks on Thursday. Deutsche Bank Credit Default Swaps Jump to 4-Year […]

Go to Source

Arbitrum Airdrop Goes Live: ARB Price Drops More Than 85%

DIGIT — Thu, 23 Mar 2023 18:30:54 +0000

On Thursday, the Arbitrum airdrop claiming process went live and ARB markets dropped more than 85% lower than pre-IOU market prices recorded the day before. Arbitrum airdropped just over a billion ARB tokens, or 11.6% of the total supply. At noon ET, more than 474 million tokens had been claimed. Wild Volatility for ARB Token: […]

Go to Source

Defi Lending Sector Experiences Major Shake-Up: 71% of Total Value Locked Evaporates in 12 Months

DIGIT — Tue, 17 Jan 2023 18:30:53 +0000

Decentralized finance (defi) has continued to remain deeply ingrained in the cryptocurrency economy as the ecosystem provides users with a non-custodial way to exchange digital assets, lend cryptocurrencies, issue stablecoins, and ways to profit from arbitrage. In the lending sector of defi, a lot has changed during the last 12 months as lending applications like […]

Go to Source

BUSD Sees $5 Billion Reduction in Supply in 24 Days, Relationship With Turkish Lira Continues

DIGIT — Fri, 06 Jan 2023 15:00:08 +0000

According to statistics, the stablecoin BUSD saw a significant drop in its supply over the past 30 days, shedding roughly 23.8% from Dec. 5, 2022, to Jan. 6, 2023. Since Dec. 13, 2022, BUSD’s supply has been reduced by more than $5 billion, going from $21.84 billion to its current level of $16.77 billion. Stablecoin […]

Go to Source

Standard Chartered forecasts ‘surprise’ Bitcoin downside after FTX collapse

DIGIT — Mon, 05 Dec 2022 09:19:41 +0000

Multinational bank Standard Chartered considers potential downside for Bitcoin in 2023 as the cryptocurrency ecosystem weathers the collapse of FTX.

Go to Source

Following BTC’s Price Drop, Bitcoin Miners Benefit From a 2.35% Difficulty Reduction

DIGIT — Wed, 22 Jun 2022 22:30:28 +0000

During the past week, Bitcoin’s hashrate has dropped a few percentages after reaching 288 exahash per second (EH/s) on June 8, 2022. Bitcoin miners, however, got a break on Wednesday, June 22, as the mining difficulty dropped by 2.35% making it easier for miners to find blocks. The 2.35% drop brings the difficulty down to […]

Go to Source

Crypto Businessman Disappears as ‘First Greek Cryptocurrency’ Collapses

DIGIT — Wed, 24 Nov 2021 14:30:26 +0000

The man who was at the helm of the company behind what’s become known as Greece’s first cryptocurrency has allegedly caused the coin’s price to sink as he disappeared this month. The executive was off the radar for about two weeks before finally telling the press he will soon return, rejecting accusations he has crashed […]

Go to Source

Bitcoin Dips as Elon Musk Tweets Broken Heart Emoji

DIGIT — Fri, 04 Jun 2021 11:36:36 +0000

The price of the leading cryptocurrency took a hit after billionaire Elon Musk mentioned Bitcoin in a new tweet hinting at a breakup. Musk’s latest crypto post, featuring a broken heart emoji and a reference to a Linkin Park song, effectively halted this week’s market rebound. Musk Tweet Pushes Bitcoin Price Down Before the Weekend […]

Go to Source

Bitcoin Price Drops 18%, Fed Discusses ‘Soft’ Inflation, Analyst Says BTC Sell-Off Attracts More Investors

DIGIT — Tue, 23 Feb 2021 16:05:49 +0000

Digital asset markets are seeing some turbulence on Tuesday as the entire crypto market capitalization has lost 11% in value during the last 24 hours. Bitcoin has slid to a low of $44,846 during the morning trading sessions (EST) losing more than 18% during the last day. Bitcoin Price Dips Over 18% and Quickly Regains […]

Go to Source