Crypto Whales Seize the Moment: PEPE Dips Lure Millions in Investment, On-Chain Data Reveals
Cryptocurrency whales have been spending millions to buy Pepe (PEPE) coins during recent price drops. Pepe, a meme token that has recently gained popularity, saw its prices plummet, prompting deep-pocketed investors to scoop up huge amounts of the coin. According to blockchain tracker Lookonchain, three crypto whales purchased over two trillion Pepe coins combined for […]
“Treasury Yield Plummets: Traders Eye Inflation Data, Debt-Ceiling Breakthrough in 2-Month T-Bill Slump”
The US Treasury market experienced a decline in yields on Wednesday afternoon, led by the yield on the 2-month T-bill. This comes as traders considered April’s consumer-price index data and the possibility of a resolution to the US debt ceiling in the coming months. The 2-month rate dropped to 5.009% as of 12 p.m. Eastern […]
“April Inflation Report Sparks Stock Futures Surge, Treasury Yields Plunge: Don’t Miss Out!”
US stock futures advanced on Wednesday, with the S&P 500 climbing by 15 points or 0.4% to reach 4,148, the Nasdaq 100 rising by 56 points or 0.4% to touch 13,319, and the Dow Jones Industrial Average increasing by 60 points to 33,695, after a monthly inflation report indicated inflation in the US had slowed […]
First Republic Stock Takes Shocking Plunge – Investors Rattled as Slide Deepens After Hours
First Republic Bank’s shares dropped 46% in after-hours trading on Friday following a report from Reuters that claimed an imminent takeover by the Federal Deposit Insurance Corp. (FDIC) was on the horizon. This drop followed a regular session which saw the company’s shares fall by 43%. Neither the FDIC nor First Republic Bank responded to […]
Getty Images Plunges 5% as Blockbuster Trillium Capital Takeover Bid Faces Unexpected Rejection
Shares of Getty Images Holdings Inc. dropped by 5% following the company’s announcement that its board had rejected an acquisition proposal from activist investor Trillium Capital LLC. Trillium, which earlier this month encouraged Getty to find a buyer, offered to buy Getty Images for $10 a share. However, the board deemed this proposal “unsolicited,” “highly […]
“XRP and ADA Plunge to Dramatic Multi-Week Lows: Friday’s Unmissable Crypto Rollercoaster!”
Cryptocurrencies XRP (also known as Ripple) and Cardano’s ADA recorded multi-week lows on Friday, highlighting the continued downward trend in the digital asset market. The latest drops in the two popular digital tokens are the result of a massive sell-off experienced in the broader crypto market. XRP, currently the seventh-largest cryptocurrency by market capitalization, plummeted […]