selloff

Rooster Teeth, the entertainment company behind the popular Halo parody Red vs. Blue and magical girl action-series RWBY, is shutting down after 21 years.The news was announced at an all-hands meeting on March 6 alongside a staff-wide memo from Rooster Teeth general manager Jordan Levin, according to Variety. The memo states the company's closure came as a result of "challenges facing digital media resulting from fundamental shifts in consumer behavior and monetization across platforms, advertising, and…

The cryptocurrency market witnessed a significant event recently as a whale investor made a strategic exit from the Shiba Inu (SHIB) token space, resulting in a substantial financial loss. However, amidst this sell-off, another cryptocurrency, Rebel Satoshi ($RBLZ), has been gaining attention and sparking interest among investors, including whales, with its promising features and upcoming launch. Shiba Inu Sell-Off: Financial Loss and Market Impact The whale investor, known as 0x30e, reportedly sold…

India’s fintech major Paytm rebounded on Tuesday, after shedding more than $2 billion in market capitalization in three sessions, as analysts highlighted value in its core business despite regulatory issues around the firm’s payments bank.Shares of Paytm’s parent One 97 Communications Ltd. rose as much as 8%, the most in six months, after the company denied reports of the firm or its associate Paytm Payments Bank Ltd. being probed for foreign exchange rules violation.Elevate Your Tech Prowess with High-Value Skill…

The crypto world is witnessing a whirlwind of activity, with Robinhood making a massive acquisition of Shiba Inu tokens and a significant selloff in Bitcoin. Amidst this turbulent environment, Avalanche and InQubeta are displaying signs of a positive rally, indicating a shift in investor focus and market dynamics. Robinhood’s Bold Move with Shiba Inu Robinhood, a popular trading platform, has taken the crypto market by storm by amassing an astonishing 231 billion SHIB tokens within 24 hours. This acquisition…

The intersection of artificial intelligence and nonfungible tokens provides no simple antidote for the slump in the market for digital collectibles, according to the artist Beeple.Proponents of AI-generated art claim it offers a new type of interactive creativity that can be tied to NFTs to potentially reignite interest in that marketplace, where activity has tumbled since a peak in 2022. But Michael Winkelmann, better known as Beeple and famed for his Everydays NFT artwork that fetched $69.3 million in 2021, said on…

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Friday's key moments. Be ready for a sell-off Stick with Ford Don't invest based on fear 1. Be ready for a sell-off U.S. stocks rose Friday, adding to strong weekly performances for all three major Wall Street benchmarks. The S & P 500 and Nasdaq Composite are on pace for their best weeks since March, climbing more than 3% and roughly 4%, respectively. The blue-chip Dow Jones Industrial…

Shiba Inu (SHIB), a popular dog meme coin, has recorded a significant sell-off in the past few days.  Whales are dumping trillions of SHIB tokens, making people nervous about SHIB’s future. While SHIB is facing these challenges, MillionaireGame Coin (MG), a new player in the dog meme coin market, is starting to make waves with its presale hype in recent days.  Whales Dump Trillions of SHIB Tokens The Shiba Inu (SHIB) price has witnessed a significant decline of over 30% during this period of intense activity. Trillions…

EV startup Rivian’s (RIVN) stock price is down over 91% from its all-time high set shortly after going public on the Nasdaq exchange in 2021. With share prices falling, Rivian may be at risk of losing its spot in the Nasqaq 100 index. Rivian stock sell-off After going public in November 2021 with backing from Ford and Amazon, Rivian held the largest initial public offering (IPO) for an American company since Facebook in 2012. Valued at over $100 billion after its debut, the hype pushed…

2023 has been a year of cryptocurrency recovery. Most cryptocurrencies have recovered nearly half of their losses from 2022. While most other market participants have recovered, Shiba Inu (SHIB) has stagnated, and market analysts fear the token’s troubled run will worsen, resulting in mass whale sell-offs. Investors have already started to flee the SHIB ecosystem in search of more promising cryptocurrencies. RenQ Finance (RENQ) is one of the cryptos that has emerged as a viable option for savvy investors. In just a few…

The cryptocurrency market is experiencing interesting trends as investors react to the current market conditions. Recently, Shiba Inu (SHIB) has faced a whale sell-off, while Ethereum (ETH) and RenQ Finance (RENQ) are seeing more investments.  Investors are flocking to Ethereum due to the upcoming Shanghai upgrade, which is expected to take place in mid-April. Meanwhile, RenQ Finance is also attracting investors with its impressive presale stages, which have raised over $5 million from investors and yielded over 75%…