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The news of the insider sale of the WallStreetBets (WSB) tokens led to a major frenzy with retail players dumping their tokens and its price tanking by nearly 90%. WallStreetBets (WSB) token, linked to the popular subreddit WallStreetBets, saw its token price plummeting by a staggering 90% in the past 24
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The company explained a 17-per cent drop in revenue by a tough macroeconomic environment and a “broad downturn” in the semiconductor sector. Semiconductors and wireless telecommunications products manufacturer Qualcomm Incorporated (NASDAQ: QCOM) has reported its earning for the second quarter (Q2) of 2023. Qualcomm has beaten analysts’ revenue forecasts, with $9.27 billion
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Chegg is facing massive disruptions in its education business amid the rapid growth of AI platforms. To contain this, Chegg is building its own AI platform CheggMate in collaboration with OpenAI. The introduction of ChatGPT by OpenAI has certainly created a massive disruption in the tech world while giving other
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Arkham Intelligence issued a clarification that a bug caused to send the alerts regarding Mt. Gox and Us government selling Bitcoin. The BTC price recovered fast after the clarification. Over the last 48 hours, the Bitcoin price witnessed massive volatility sending jitters across the entire investor community. Earlier this week
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More than $25 million in Bitcoin futures have been liquidated over the last hour with longs contributing to 98% of the total liquidations. After a strong push above $30,000 on Tuesday, the world’s largest cryptocurrency Bitcoin (BTC) has come under heavy selling pressure once again. Over the last hour from
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As the Silvergate crisis spreads across the broader market, investors have been shoring up stablecoins with USDT and USDC witnessing a surge in trading activity. Four months after the collapse of the crypto exchange FTX, yet another crisis-like situation has gripped the crypto market with fear and unrest amid
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Shares of Silvergate Capital (SI) fell sharply after the market close on Thursday following the publication of a Bloomberg article that the U.S. Department of Justice’s fraud unit was looking into the crypto bank’s dealings with the now-bankrupt FTX and Alameda Research. Source
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Concerns that Elon Musk might further dilute his Tesla holdings to fund the Twitter acquisition have put the TSLA stock under a free fall.Tesla Inc (NASDAQ: TSLA) stock continues to be under a free fall and tanked another 8% on Tuesday, December 20, ending the trading at $137.80. Since Elon
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BNB Price has been seeing a lot of declines since Binance came under fire for the audit published by Mazars. Fear, Uncertainty and Doubt (FUD) had spread like wildfire, leading to more than $5 billion in withdrawals from the crypto exchange. Nevertheless, Binance was able to withstand the onslaught and
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