Markets

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...

Ripple price is facing resistance near the $0.580 level against the US dollar. The price is now trading below $0.565 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.580 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start another decline if it stays below $0.565 and $0.580. Ripple price is struggling below $0.580 against the US Dollar, unlike Bitcoin. XRP price must...

GameStop ($GME) made headlines as a symbol of a revolution in the stock market, led by an army of retail investors who banded together through online communities, notably the Reddit subreddit r/WallStreetBets. The fervor around GameStop’s meteoric rise showcased the potential of individual investors to challenge established financial norms, embodying the spirit of the „little guy“ taking on the corporate giants. However, the landscape has shifted since then, and the saga that once roared with...

Orange prices have been on the rise since 2020, but this August, the commodities futures markets expect them to surge. At the same time, orange juice futures are hitting record highs: “In recent weeks, prices in the OJ futures market have topped $3 per pound. Around this time last year, prices were hovering at around $1.81 per pound. The price increase has been fueled primarily by short citrus supply around the globe.” Imagine how pricey oranges could get if the supply was...

Bluzelle saw a massive more than 100% price explosion this week. The move up, while already significant, started a “super” uptrend signal to turn upward for the first time in over a year. Keep reading to find out exactly what this signal means, and learn more about the BLZ token. Bluzelle (BLZ) SuperTrend Signal Line Turns Up For First Time Since 2022 It’s a bird! It’s a plane! No, it’s the SuperTrend on 1W BLZUSD price charts, and it’s here to save the altcoin...