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Why Is Intuitive Machines Stock Falling Wednesday?
benzingahace 105d

Why Is Intuitive Machines Stock Falling Wednesday?

Intuitive Machines, Inc. (NASDAQ:LUNR) stock is tumbling on Wednesday, down significantly during the regular trading session. The move comes as the Nasdaq index is down 0.98%, reflecting a broader sell-off in technology stocks, which are generally underperforming today.Despite the decline, there are no specific company-related news events driving this price action. Instead, the stock appears to be caught in the broader market trends, with the technology sector facing downward pressure amid a mixed performance across major indices.LUNR’s Technical Indicators Show Mixed SignalsCurrently, Intuitive Machines is trading 10.9% below its 20-day simple moving average (SMA) and 34.2% above its 100-day SMA, demonstrating some short-term weakness while maintaining longer-term strength. Shares have decreased 18.72% over the past 12 months and are positioned closer to ...Full story available on Benzinga.com

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googlehace 105d

Gold could slide to $4,000 as parabolic rally signals peak - BI’s McGlone - KITCO

Gold could slide to $4,000 as parabolic rally signals peak - BI’s McGlone KITCOThe rise and fall (and rise again) of gold prices – what’s going on? The ConversationWe've been here before: What gold's past bull runs — and sell-offs — tell us about where it could go next CNBCAnalysts ramp up gold forecasts as global uncertainties mount The Globe and MailSeven Reasons to Keep the Faith in Gold AGF Perspectives

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Ripple Teams Up With The Hottest DeFi Protocol In Town, But XRP Dives To $1.50
benzingahace 105d

Ripple Teams Up With The Hottest DeFi Protocol In Town, But XRP Dives To $1.50

Ripple (CRYPTO: XRP) is integrating Hyperliquid (CRYPTO: HYPE) into Ripple Prime, its institutional prime brokerage platform, marking the first time the company has directly supported a decentralized finance venue.The First DeFi IntegrationThe integration allows Ripple Prime clients to access Hyperliquid’s on-chain derivatives markets while managing those positions alongside traditional markets like foreign exchange and fixed income, a press release announced on Wednesday.Ripple Prime acts as the sole counterparty, sitting between clients and underlying trading venues. Institutions can manage positions across multiple platforms under a single risk and margin framework instead of dealing with each venue separately.Michael Higgins, International CEO at Ripple Prime, said the move enhances ...Full story available on Benzinga.com

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Strategy Stock Drops To 52-Week Low: What's Fueling The Sell-Off?
benzingahace 105d

Strategy Stock Drops To 52-Week Low: What's Fueling The Sell-Off?

Strategy Inc (NASDAQ:MSTR) shares are under pressure on Wednesday after Canaccord Genuity delivered a major cut to its price target. Here’s what you should know.Strategy stock is testing key support levels. What’s behind MSTR weakness?Canaccord Slashes MSTR TargetCanaccord analyst Joseph Vafi dropped Strategy’s price target from $474 to $185 while still keeping a Buy rating in place. He reiterated his bullish stance, but reduced the target by roughly 60%, a sharp reset that comes as the stock trades near its lowest levels since September 2024, Barron’s reported.Even with the steep sell-off, Canaccord remains optimistic about the company's long‐term setup. Strategy is the largest corporate holder of Bitcoin (CRYPTO: BTC), with 713,502 coins valued at about $53.6 billion.Why ...Full story available on Benzinga.com

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Crypto Futures Liquidations: Staggering $116 Million Wiped Out in Volatile Hour
bitcoinworldhace 105d

Crypto Futures Liquidations: Staggering $116 Million Wiped Out in Volatile Hour

BitcoinWorldCrypto Futures Liquidations: Staggering $116 Million Wiped Out in Volatile HourGlobal cryptocurrency markets experienced a dramatic surge in volatility today, resulting in a staggering $116 million worth of futures contracts liquidated within a single hour. This intense activity highlights the persistent risks within leveraged digital asset trading. Major exchanges worldwide reported this significant liquidation event, which contributed to a 24-hour total exceeding $879 million. Consequently, [...]This post Crypto Futures Liquidations: Staggering $116 Million Wiped Out in Volatile Hour first appeared on BitcoinWorld.

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