Saudi Arabia closed its critical East-West oil pipeline after it was damaged by drones launched from Iraq, causing crude oil prices to rise over 2%. The pipeline, which can carry 7 million barrels per day, bypasses the Strait of Hormuz and has been vital in stabilizing oil supply amid tensions between Iran and the U.S. The extent of the damage and the timeline for reopening remain undisclosed. A planned diplomatic meeting between Iran and Gulf states was postponed following the attack, highlighting ongoing regional instability.
At Malaysia's IGEM 2026, Sigenergy showcased its latest AI-driven energy technologies, including smart storage and inverter systems, highlighting its role in advancing sustainable energy. The company also signed MOUs with local partners Milieu and YT...
Binance Coin (BNB) traded around $748 on October 10, showing a slight 0.78% increase over 24 hours but facing short-term selling pressure. The token remains above its 50-day and 200-day moving averages, indicating some longer-term support, while shor...
Prediction markets like Kalshi and Polymarket now assign just a 2% probability that Bitcoin will reach $200,000 by January 1, 2027, marking a record low for such contracts. Currently trading around $82,000 to $84,000, Bitcoin would need to more than ...
NFT trading volume increased to nearly $40 million in the week through Oct. 10, driven by Ethereum blockchain sales and a strong surge in Pudgy Penguins NFTs, which saw a 125.66% sales increase. Despite fewer buyers and sellers, total sales rose, ind...
Ether (ETH) traded around $2,492 on Binance, staying below its short-term moving averages as sell volume in futures exceeded buy volume. The 24-hour range was $2,474 to $2,520, with open interest slightly down, indicating some position closures. Desp...
