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Despite the massive downturn in the NFT market, CryptoPunk 4464’s $2.6 million price tag signals that top NFT projects are still managing to attract some serious attention. 455 Total views 9 Total shares Despite a major decline in trading volume across the broader non-fungible token (NFT) market, a single CryptoPunk has sold for a whopping […]
Traders of federal funds futures rapidly readjusted their expectations for the size of the Federal Reserve’s anticipated next rate hike on July 27, by boosting the likelihood of a 100-basis-point hike to 67% after Wednesday’s hotter-than-expected June reading of the consumer price index. That’s up from 7.6% on Tuesday, according to the CME FedWatch Tool, […]
GameStop’s new NFT marketplace took home roughly $44,500 from transaction fees in the first 24 hours after it launched via a public beta on Monday. GameStop NFT reportedly generated around $1.98 million worth of NFT sales on its first full day of business. As the platform charges a 2.25% fee on NFT sales, this equates […]
Published: July 13, 2022 at 1:48 p.m. ET Gold futures finished higher Wednesday, reversing an earlier loss as the U.S. dollar pulled back from gains seen after a hotter-than-expected reading for the June consumer price index. August gold rose $10.70, or 0.6%, to close at $1,735.50 an ounce. Gold weakened in early activity after the […]
Type: Bearish Momentum Key Levels:Resistance: 1540’4Pivot: 1494’0Support: 1424’6 Preferred Case:On the H4, with price moving below the ichimoku cloud and within the descending channel , we have a bearish bias that price will rise and drop from the pivot at 1494’0 in line with the pullback resistance and 50% fibonacci retracement to the 1st support […]
Type: Bullish Rise Key Levels:Resistance: 31852Pivot: 30821Support: 30405 Preferred Case:On the H4, with price moving in an ascending trendline on the RSI , we have a bullish bias that price will continue to rise from the pivot at 30821 in line with the pullback support and 61.8% fibonacci retracement to the 1st resistance at 31852 […]