Latest Market News

Oct 19
Nifty News: Top 10 CryptoPunks wallet lays dormant, house sells on OpenSea, and more

Dormant Punks Nonfungible token (NFT) sleuths have dug up an old wallet from 2017 that minted 141 CryptoPunks for 0.02 ETH, which was around $7 at the time when the project launched. According to the Twitter user Nansen Intern from the analytics platform the wallet is now valued at 11,300 ETH, or around $14.7 million […]

Oct 19
Jack Dorsey unveils decentralized social with algo choice and portable accounts

Twitter co-founder and former CEO Jack Dorsey have lifted the curtain on the latest iteration of its social protocol and a new Bluesky Social app — as part of its decentralized answer to Twitter.  The Oct. 18 announcement comes nearly three years since the initiative was announced by Dorsey in December 2019, with the aim […]

Oct 19
Here’s why Bitcoin price could tap $21K before Friday’s $510M BTC options expiry

Bitcoin (BTC) has been trying to break above the $20,500 resistance for the past 35 days, with the latest failed attempt on Oct. 6. Meanwhile, bears have displayed strength on four different occasions after BTC tested levels below $18,500 during that period. Bitcoin/USD price index, 12-hour chart. Source: TradingView Investors are still unsure whether $18,200 […]

Oct 18
Oil futures settle sharply lower on reports that the U.S. may release more oil from the SPR

Oil futures settled lower on Tuesday, with U.S. prices down nearly 3%. The White House said President Joe Biden will speak about gasoline prices on Wednesday. That follows news reports that the administration is moving toward a release of at least another 10 million to 15 million barrels of oil from the U.S. Strategic Petroleum […]

Oct 18
Biden to speak on gasoline prices Wednesday as SPR release reportedly planned

President Joe Biden will speak about gasoline prices on Wednesday, the White House said, as his administration is reportedly moving toward a release of at least another 10 million to 15 million barrels of oil from the U.S. Strategic Petroleum Reserve. Bloomberg News and others report that such a release would be the latest in […]

Oct 18
Sharp Bitcoin price move expected as volatility hangs at record lows and sellers are ‘exhausted’

Bitcoin’s (BTC) lack of volatility has been the dominant discussion point among traders for the past two weeks and the current sideways trading within the $18,000 to $25,000 range has been in effect for 126 days. A majority of traders agree that a significant price move is imminent, but exactly what are they basing this […]