Shipping traffic through the Strait of Hormuz dropped sharply to only five vessels on Saturday, down from 31 the previous weekend, as a fragile ceasefire between the US and Iran is set to expire with no new deal in sight. This critical oil route, which carries about 20% of the world's oil, has seen a 90% decline in traffic since the conflict began on February 28. Talks between the two nations have stalled, increasing uncertainty in the region and impacting global oil markets. Oil prices dipped slightly amid the tensions, with investors advised to expect ongoing volatility in shipping and energy sectors.
Solana (SOL) is trading near $75, maintaining a crucial support level amid sideways movement after a sharp sell-off. A breakout above $81 could trigger gains toward $276, signaling a bullish trend. Solana dominates the tokenized stock market in DeFi ...
BNB has rebounded from $540 to trade near the key $600 resistance level, with traders watching for a weekly close above $600 to signal a potential rise toward $660–$700. If BNB fails to break this level, it may remain range-bound between $540 and $60...
Cryptocurrency prices are fluctuating with Bitcoin trading around $63,256, up 0.5%, and Ethereum at $1,892, up 0.7%. While some major coins like BNB and ADA saw slight declines, others including ZEC (+4.4%) and MORPHO (+5%) experienced notable gains....
XRP is currently retesting a significant long-term trendline that has supported its price since 2020, signaling a potential base for recovery. Analyst Steph Is Crypto highlights that a confirmed breakout above this resistance could drive XRP's price ...
Planet Labs is maintained as a Buy before its September 3rd earnings report, despite a demanding 20x forward EV/sales multiple and a recent 50% drop in share price. The investment case relies on accelerating revenue growth, expanding government and d...
