All posts tagged: tumbles

Samourai Wallet founders arrested, crypto market tumbles

Samourai Wallet founders arrested, crypto market tumbles

Published by skeptic

The dramatic arrest of Samourai Wallet Bitcoin founders by the US Department of Justice has sparked shock in the crypto community. On April 24, the cryptocurrency market experienced a brief tumble following the news of the arrest of Samourai Wallet Bitcoin founders by the United States Department of Justice (DOJ). The arrest, which came amidst ongoing Middle East tensions and post-halving volatility, saw Bitcoin (BTC) and Ether (ETH) prices drop by 3.6% and 2.51%, respectively, within an hour of the announcement. Samourai Wallet CEO Keonne Rodriguez and chief technology officer William Hill each face one count of conspiracy to commit money laundering and one count of conspiracy to operate an unlicensed money transmitting business. The news triggered a sharp decline in Bitcoin’s price, which dipped below key support levels to $63,710 before recovering slightly to $64,546. Ether, on the other hand, failed to bounce back and declined further to $3,158. Major altcoins also experienced brief declines, with PEPE seeing a 6.4% drop, Shiba Inu (SHIB) experiencing a 2.7% decline, and Dogecoin (DOGE) briefly dipping 3.2%. …

Jax Taylor and Brittany Cartwright Reunite for Son Cruz’s Birthday Party, Cake Accidentally Tumbles

Jax Taylor and Brittany Cartwright Reunite for Son Cruz’s Birthday Party, Cake Accidentally Tumbles

Published by Sam

Despite their recent separation, Bravo stars Jax Taylor and Brittany Cartwright came together to celebrate their son Cruz’s third birthday with a dinosaur-themed party at a Sky Zone indoor trampoline park in the Los Angeles area over the weekend. The party featured vibrant decorations and a 3-tiered dinosaur cake, which unfortunately didn’t survive the entire party. As the family gathered to blow out the candles, the table holding the cake suddenly collapsed, causing the cake to tumble onto the floor. Taylor and Cartwright stood in disbelief as the mishap occurred, but workers at Sky Zone quickly stepped in to help salvage the cake. Cartwright shared a video of the incident on Instagram, quipping, “Cruz’s 3-Rex party was a SMASH! ????????” Jax and Brittany first met in 2015 and endured their share of ups and downs, including a brief split after Jax cheated on Brittany with former SURver Faith Stowers. Despite the challenges, they eventually tied the knot in 2019 and welcomed their first child in 2021. Brittany announced her separation from Jax in February, and …

Yen Tumbles After The First BOJ Rate Hike In 17 Years; It Won’t Last

Yen Tumbles After The First BOJ Rate Hike In 17 Years; It Won’t Last

Published by skeptic

It was one small step for the Bank of Japan, but a giant leap for the yen — albeit in the wrong direction, at least against the dollar. What gives? There are several explanations for why the yen moved sharply… in the wrong direction after a historic BOJ move meant to signal tightening in order to bring prices lower, contain runaway inflation and, generally, boost the yen. Let’s start with the fundamental one: according to Bloomberg’s Ven Ram, the real currency reaction will have to wait for Wednesday. As the Bloomberg commentator notes, in line with news reports overnight, Governor Kazuo Ueda exited negative rates in a historic decision, but also scrapped yield curve control and ended its purchases of exchange-traded funds. The domestic markets, though, seem unenthused: nominal Japanese government bond yields fell alongside the currency, and even stocks couldn’t muster the excuse of a weaker currency to climb higher. What gives? The yen’s broad exchange rate is actually higher this month, though no one is getting excited. As trading interest goes in the currency …

Madonna tumbles off chair mid-sing during Celebration tour

Madonna tumbles off chair mid-sing during Celebration tour

Published by Sam

Sign up to Roisin O’Connor’s free weekly newsletter Now Hear This for the inside track on all things music Get our Now Hear This email for free Madonna dramatically tumbled to the floor during a concert in Seattle when a choreographed dance routine went completely wrong. The musician, 65, was performing her hit 1986 hit “Open Your Heart” during a show at Seattle’s Climate Pledge Arena last weekend when a dancer dropped her. The choreography usually sees Madonna sitting on a black chair while a dancer pulls her across the stage. However, Madonna suffered a mishap when the dancer appeared to slip and lose grip of the chair, causing Madonna to drop to the floor. Videos show Madonna and the dancer both on the floor, their limbs entangled, as they try to recover from the fall. The “Hung Up” singer laughed it off as she rolled over onto her front and continued to hold her microphone to her mouth. The onstage cameraman then helped her to her feet and onto a new chair. Madonna tried …

Rishi Sunak declares victory on inflation pledge after CPI tumbles to 4.6% in October – business live | Business

Published by Sam

UK inflation drops to 4.6% Newsflash: UK inflation has fallen to a two-year low, as the cost of living squeeze eases. The UK’s CPI index has dropped to 4.6% in October, down from 6.7% in September. That’s the lowest rate of price increases in two years, and means inflation has more than halved since late last year. It’s an even bigger fall than the City expected. In the year to October 2023: ▪️ Consumer Prices Index including owner occupiers’ housing costs rose by 4.7%, down from 6.3% in September ▪️ Consumer Prices Index (CPI) rose by 4.6%, down from 6.7% in September ➡️ https://t.co/8axCF0xTBa pic.twitter.com/60khlBx0c4 — Office for National Statistics (ONS) (@ONS) November 15, 2023 As expected, the decline follows the drop in energy bills last month after Ofgem lowered the cap on household bills. But, although inflation has dropped, prices are still rising compared with a year ago. This means that real wages are continuing to rise – we learned yesterday that total pay rose by 7.9% per year, on average, in July-September. Grant …

UK consumer confidence tumbles as inflation hits households – business live | Business

Published by Sam

Key events Consumers less keen to buy big ticket items GfK’s major purchase measure – an indicator of confidence in buying big ticket items – saw the sharpest drop of 14 points in October. That is a significant turnaround from last month’s four-point increase – something that will concern retailers in the run-up to Christmas. Confidence in personal finances over the next 12 months fell six points to minus eight, although it remains 26 points higher than this time last year, while expectations for the general economic situation over the coming year has fallen by eight points to minus 32 – 29 points higher than last October. Introduction: UK consumer confidence tumbles as inflation hits households Good morning, and welcome to our rolling coverage of business, the financial markest and the world economy. UK consumer confidence has tumbled this month as households grow more nervous about the propects for their personal finances and the wider economy. The latest gauge of consumer optimism from GfK dropped to a three-month low of -30 in October, down from …

UK factory output tumbles to lowest level in nearly three years | Economics

Published by Sam

UK factory output has fallen sharply over the summer to its lowest level in nearly three years in the latest sign that interest rate increases by the Bank of England are slowing the economy. The monthly snapshot of manufacturing from the CBI showed production at its weakest since the economy was emerging from its first Covid lockdown in 2020. The employers’ organisation said its members had been surprised by a slowdown in activity over the three months to August in which twice as many firms said output was falling (37%) rather than rising (18%). Amid evidence of widespread problems for industry, the CBI said production fell in 15 of 17 subsectors in the latest three months, with marked drops in motor vehicles and transport equipment; mechanical engineering; paper, printing and media; and chemicals. A survey of 277 manufacturers revealed that domestic and export order books were seen as below normal but price pressures continued to ease. The CBI said the balance of firms expecting to raise selling prices over the coming months was at its …

Helbiz stock tumbles on reverse split, rebrand to Micromobility.com

Helbiz stock tumbles on reverse split, rebrand to Micromobility.com

Published by skeptic

Shared micromobility company Helbiz said it will do a reverse stock split in an attempt to get back into compliance with the Nasdaq, which issued a delisting notice last July because Helbiz’s stock was trading too low. Helbiz is also rebranding to Micromobility.com Inc. in order to position itself as a micromobility brand that offers retail, rentals, shared micromobility and *checks notes* sports streaming services. The rebrand comes alongside the launch of a new brick-and-mortar retail business, which will include the setting up of physical stores across the U.S., starting with its first store in SoHo, New York City in the next 60 days. There’s also an e-commerce site available today, featuring a small selection of e-scooters, e-bikes, helmets and water bottles. Due to the name change, Micromobility.com’s stock will start trading under the new ticker symbol MCOM and its warrants under MCOMW starting Friday. Helbiz’s stock price closed Thursday at $0.12, down 4.5%, and then tumbled as much as 20% in after hours trading. We have a lot of questions, and Helbiz Micromobility.com didn’t …