Tag: Plunges

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Crypto VC Funding Plunges to $659M in April, Hits 2024 Lows

Crypto venture capitalist (VC) funding plunged to a near two-year low in April as investors pulled back from crypto start-ups and early-stage companies.Crypto VC...

SparkLend Sees Over $1B in Deposits Since Kelp Exploit as Aave TVL Plunges

Aave TVL has dropped by $10B since the Kelp attackers used the protocol to borrow $190 million in WETH, depositing unbacked rsETH. DeFi's lending...

StarkWare cuts jobs in reorganization as Starknet revenue plunges 99% from peak

StarkWare is restructuring into two business units and cutting staff as it pivots from scaling Ethereum toward building revenue-generating products of its own —...

BitTensor AI Token Plunges as Top Builder Departs Over Decentralization Doubts

In brief TAO has fallen more than 18% in the last 24 hours amid a spat between the network's founder and a leading ecosystem contributor....

Bitcoin-Gold Correlation Plunges To -0.88, Lowest Since 2022

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is strongly moving in the opposite direction to Gold as the...

AAVE plunges 10%, leading index lower

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading...

Bitcoin Plunges 4% as Fear and Greed Index Hits Historic Low

The Crypto Fear and Greed Index fell back to its lowest levels on Monday as Bitcoin plunged more than 4% on the day to...

Optimism token price plunges 25% as Coinbase cuts off DAO from millions in revenue – DL News

Base will begin using in-house code, rather than Optimism’s OP Stack.The move could have significant ramifications for the Superchain, a collection of blockchains that...

Optimism Plunges Double Digits Amid Base’s Tech Stack Overhaul

In brief Optimism's OP token dropped by double digits after Base announced that it was transitioning from OP Stack to its own "unified stack," base/base. Node...

Bitcoin Plunges Under $66,000 as Crypto Sentiment Index Hits Historic Low

Total market cap is holding steady today, even as sentiment sinks to the weakest level on record.Crypto markets took a tumble Thursday morning, Feb....