Crypto Crash News 6/7: Bitcoin, Ethereum, Cardano, Solana to XRP, DOT, AVAX – top crypto prices fall up to 10%

Crypto Crash News 7th June: Prices of many top cryptos once again decreased in the last 24 hours while the global crypto market cap shrunk to $1.22 trillion, down 4.52 percent over the last day, according to CoinMarketCap data at the time of writing (9.25 am). Bitcoin’s (BTC) price is once again in the Red and … Read more

Cryptocurrency Market Showing Signs Of Recovery Post Freefall

Some investors are now betting that Bitcoin is bottoming out, judging by the money heading into listed cryptocurrency funds, which represent just a slice of the market yet are popular among institutional and retail players alike. Overall flows into such funds turned positive last month, with a weekly average inflow of $66.5 million, a reversal … Read more

Crypto Firms, Especially Exchanges, Slash Jobs as Market Rout Continues

Many crypto companies are announcing substantial job cuts and hiring freezes amid challenging times for cryptocurrency and equity markets. The prolonged downturn in cryptocurrency prices, along with broader tech sector woes, has led to a growing number of layoffs at crypto firms as participants brace for a bumpier ride ahead. On Thursday, the Winklevoss-led crypto … Read more

U.S. approves $120 million sale to maintain Taiwanese warships

TAIPEI (Reuters) – The United States has approved a possible $120 million sale of parts to help Taiwan maintain its warships, which the island’s defence ministry said would help ensure combat readiness in the face of China’s “frequent activities” near the island. The U.S. Defense Security Cooperation Agency said in a statement it had delivered … Read more

Cryptocurrency market crash reason: Why crypto is falling today

Why is crypto falling today? This is one of the big questions on the minds of crypto investors and traders today, especially after a number of top cryptos, including Bitcoin, recorded some gains this week. At the time of writing, the global crypto market cap was once again down to $1.23 trillion with almost every top … Read more

Dow Jones Futures: Market Rally Sees More Would-Be Leaders Sink; Tesla, Nio News Looms

Dow Jones futures tilted higher overnight, along with S&P 500 futures and Nasdaq futures. Tesla (TSLA) and Nio news is on tap before Thursday’s open. The major indexes retreated Wednesday on economic concerns. The OECD slashed U.S. and global economic growth forecasts Wednesday, coming on the heels of Tuesday’s fresh Target (TGT) warning. Intel (INTC) and Altria … Read more

Automakers are jacking up prices on electric vehicles

Automakers from Tesla to Rivian to Cadillac are hiking prices on their electric vehicles amid changing market conditions and rising commodity costs, specifically for key materials needed for EV batteries. Battery prices have been declining for years, but that may be about to change. One firm projects a sharp increase in demand for battery minerals over the next four … Read more

Google Chrome users urged to update immediately or risk attack

Google has urged Chrome users to update the web browser to the latest version in order to avoid being targeted by cybercriminals. Late last week, the company released Chrome 99.0.4844.84 for Windows, Mac, and Linux, which fixes a high-severity zero-day vulnerability that allows for remote code execution. In an advisory published alongside the update, the company explained that the … Read more