Markets

An Ethereum address associated with the network’s co-founder, Vitalik Buterin, transferred 600 ETH to crypto reading platform Coinbase, worth roughly $1 million at writing time. The transfer comes after crypto markets tanked last week, bringing ETH down to $1670 for the first time since June. Is Vitalik Selling His ETH? According to public blockchain data available on Etherscan, the wallet address behind the transfer – Vitalik. eth – now holds a balance of 3,933 ETH, worth...

In recent years, the non-fungible token (NFT) space has expanded into a billion-dollar industry, with Ethereum traditionally leading the way as the dominant ecosystem. Cardano, on the other hand, faced criticism from numerous quarters, being labeled a “ghost chain” due to its absence of a DeFi and NFT economy. However, the NFT landscape is undergoing a shift. According to the weekly chart shared by Stocktwits NFTs, the Cardano NFT floor price index sits 22% above that of...

CoinspeakerGoldman Sachs Selling Its Investment Advisory Business as It Suspends Attempts at Mass Market Businesses Goldman Sachs has endured from losses from trying to cater to the broader market and is now looking to sell its investment advisor. Goldman Sachs Selling Its Investment Advisory Business as It Suspends Attempts at Mass Market Businesses

CoinspeakerEthereum Creator Vitalik Buterin Has Deposited $1 Million Worth of ETH in a Coinbase Address While there is still no word from Vitalik Buterin, the Ethereum co-founder's ETH move connects with a poor market and possible ETH ETF. Ethereum Creator Vitalik Buterin Has Deposited $1 Million Worth of ETH in a Coinbase Address

RECUR, a non-fungible token (NFT) company that raised $50 million in an investment round nearly two years ago, has become the latest victim of the current bear market. Over the weekend, the NFT platform announced that it plans to gradually shut down its operations starting this month, with a full business closure slated for November. RECUR Calls It Quit At the time of the announcement, RECUR said it had halted primary and secondary sales on August 18. However, the firm will...

CoinspeakerJio Financial Services (JFS) Drops 5% in Share Price Following Market Debut Despite recording a reduced valuation, JFS remains the third-largest non-banking financial company in India. Jio Financial Services (JFS) Drops 5% in Share Price Following Market Debut

CoinspeakerStripe Rival Adyen Loses $20 Billion in One Day as Shares Plunge Following Poor H1 Report Adyen published its slowest growth for a half-year since 2018 and lost $20 billion of its market valuation as shares also fell 39%. Stripe Rival Adyen Loses $20 Billion in One Day as Shares Plunge Following Poor H1 Report

CoinspeakerBitcoin Mining in Lebanon Turns Ultra Cheaper in Comparison to Italy Recent survey shows that Italy is the most expensive country for mining Bitcoin at $208,560 for each BTC produced. Bitcoin Mining in Lebanon Turns Ultra Cheaper in Comparison to Italy

CoinspeakerBitcoin Price Is Hovering Above $26K amid Broad-based Selloff The latest data from CoinMarketCap has indicated an unsettling calm in BTC/USD trading over the weekend, with the market experiencing an 11% decline in a span of just seven days. Bitcoin Price Is Hovering Above $26K amid Broad-based Selloff

Stellar lumen price is struggling below the $0.135 resistance zone against the US Dollar. XLM price is now trading below $0.130 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.131 on the 4-hour chart (data feed via Kraken). The pair could start a fresh increase if it clears the $0.135 resistance. Stellar lumen price is trading below $0.135 against the US Dollar, similar to Bitcoin. XLM price could...