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Why is SYRUP up 30% despite the crypto market downturn?

While most tokens plummeted, SYRUP has surged 30% in a single day amid strong short-term catalysts. Summary SYRUP surged 30% despite a crypto market downturn and Bitcoin losses. The rally was driven by its Upbit listing and spike in trading activity. A pending governance vote and strong institutional ties support upside. Maple Finance (SYRUP) moved … Read more

Moncler raises prices on tariffs, may postpone store openings if downturn worsens

A general exterior view of the Moncler luxury fashion label store in Sloane Street, Knightsbridge on February 17, 2025 in London, United Kingdom. John Keeble | Getty Images News | Getty Images Italian luxury house Moncler said it’s currently relying on “very slight price increases” to offset the initial impact of U.S. tariffs, but warned … Read more

ICP defies crypto downturn with Caffeine-fueled rally and whale accumulation 

Internet Computer’s ICP token rallied for the fourth day, outperforming the broader crypto market amid hype over the announcement of its new AI-driven platform, Caffeine. According to data from crypto.news, Internet Computer (ICP) rose 8% to an intraday high of $5.66, pushing its market capitalization above $3 billion. The token is now trading 32% above … Read more

Verasity’s VRA bucks market downturn with 45% rally

VRA rallied as high as 45% today, breaking out of a bullish pattern following new partnerships while outpacing a broader market downturn. Verasity (VRA) surged to an intraday high of $0.0032 on May 6 during afternoon Asian trading, pushing its total gains to over 250% since hitting its monthly low. VRA’s strong performance made it … Read more

Lightchain AI remains in demand despite market downturn

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Amid market dips, investors turn to Lightchain AI, a resilient $0.007 presale token with $19.6m raised and real utility. The cryptocurrency market is currently experiencing a downturn, with significant price drops across major assets. … Read more

World’s largest sovereign wealth fund reports $40 billion loss in first quarter on tech downturn

The facade of Norway’s central bank, also known as Norges Bank, in Oslo, Norway. Bloomberg | Bloomberg | Getty Images Norges Bank Investment Management — the largest sovereign wealth fund in the world — on Thursday reported a first-quarter loss of 415 billion kroner ($40 billion), citing weakness in the tech sector. “The quarter has been … Read more

History suggests a tariff-induced downturn may cause a reckoning in the venture capital industry

There’s a mantra you learn about as a business journalist—follow the money. It’s a mantra that feels especially important right now, with tariffs expected to go into effect tomorrow. The Nasdaq Composite has been teetering toward bear market territory for the first time since 2022 as companies gear up for sudden spikes in the costs … Read more

Circle considering IPO delay due to market downturn: report

​Circle Internet Financial, the issuer of the USDC stablecoin, has delayed its plans for an initial public offering due to current market volatility.  The company had been preparing to go public on the New York Stock Exchange under the ticker symbol “CRCL,” with JPMorgan Chase & Co. and Citigroup Inc. as lead underwriters.  But, “Circle … Read more

The Czech Republic, and its quiet automotive giant Skoda, are bucking an economic downturn unfolding in its crucial ally Germany

There is a shadow hanging over the Europe. The ascent of Donald Trump to the White House has exposed brewing fragilities within the continent’s economy and military prowess. That hasn’t been evident anywhere more than in Germany, the industrial powerhouse reeling from two years of negative growth. Now, Germany’s allies, who have lived in their … Read more

Trump-Backed World Liberty Financial Faces $110 Million Crypto Loss Amid Market Downturn

With the market experiencing a sharp downturn, Donald Trump’s World Liberty Financial (WLF) is grappling with substantial financial loss.  The Trump family’s decentralized finance (DeFi) project made headlines recently with a $20 million cryptocurrency acquisition, mainly Bitcoin and Ethereum, just hours before the White House’s first-ever Crypto Summit. However, according to data from Arkham Intelligence, WLFI’s … Read more

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