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Crypto Catch: Two crypto exchanges layoff a fifth of their staff
June 15, 2022 01:24 PM AEST| By Daniel Paul JohnsHighlights Employees of leading crypto exchange, Coinbase, will learn their fate later today in an e-mail, according to chief executive, Brian Armstrong Meanwhile BlockFi, which is a smaller company than Coinbase, announced on Monday, a twenty .....
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Fantom (FTM) crypto: Things you need to know before buying it
June 15, 2022 01:17 PM AEST| By Jasmine AnandThe global cryptocurrency market continued to be in the red zone as bearish market sentiments remained in the picture. Today, at the time of writing, the global crypto market cap fell to US$976 billion, a 4.3% rise over the past 24 hours. Major cr.....
Rari Governance Token price up 100%: Why is RGT crypto gaining?
June 15, 2022 11:38 AM AEST| By Ankit SethiHighlights Bitcoin is now under US$22,000, after having lost more than 3% over the past one day Rari Governance Token, however, has defied the wider bearish phase and is up almost 100% The RGT token allows the users of Rari Capital to decide o.....
Wall Street ends mixed, Nasdaq recovers after rate jolt; FDX, ORCL rise
June 14, 2022 01:55 PM PDT| By Rupam RoyWall Street’s main indices closed mixed on Tuesday, June 14, after Nasdaq recovered from an initial slide as the central bank officials assembled to discuss a new rate plan at their monthly policy conclave. The S&P 500 fell 0.38% to 3,735....
Why metaverse crypto Genesis Worlds (GENESIS) surged 39% today?
June 15, 2022 05:29 AM AEST| By Versha JainHighlights: Genesis Worlds (GENESIS) is a multi-creator gaming universe. GENESIS is an ERC-20 standard token. In a strategic move, the project owners had recently announced a hiatus. Metaverse crypto Genesis Worlds (GENESIS) w.....
What is Kusama (KSM) crypto? All you need to know
June 15, 2022 03:25 AM AEST| By Rupam RoyHighlights: Kusama is a blockchain project offering developers interoperable and scalable services. The KSM token trades on exchanges like Binance, OKEx, etc. The token’s highest price in the last 30 days was US$88.91. The Kusama (K.....
Why is Gala (GALA) crypto gaining attention?
June 15, 2022 02:28 AM AEST| By Rupam RoyHighlights: Gala Games aims to provide players with the controls to in-game assets and other functions. The GALA token can be traded on exchanges like Sushiswap, Gate.io, etc. It returned over 517% gains in the past 12 months. Despite a s.....
Can Bitcoin rise like a phoenix after Black Monday?
June 15, 2022 12:10 AM AEST| By Manu ShankarBitcoin has had a torrid run of late. The Black Monday, as now many experts are calling it, has seen Bitcoin’s value suddenly tumble down to US$22,141.26 with a trading volume of US$68,204,556,440 on 13 June. On Tuesday, the leading crypto slid...
Chain (XCN) crypto plummets 50%; can it rise again?
June 14, 2022 11:33 PM AEST| By Versha JainHighlights: Chain (XCN) is a cloud blockchain infrastructure. Its infrastructure enables organizations to create better financial services. It offers an open-source blockchain and a ledger-as-a-service product. While the global cryp.....
What is Raiden Network Token and why RDN crypto rose 200%?
June 14, 2022 11:22 PM AEST| By Raza NaqviHighlights The global crypto market cap was US$ 927.4 billion at the time of writing. The RDN crypto was up by 203 per cent to US$ 0.09622 per token. The Raiden Network is compatible with ERC-20 tokens. As the crypto market continues to t.....
As S&P 500 confirms bear market, most of its components look worse
June 14, 2022 03:00 AM PDT| By ReutersWall Street's main indexes opened higher on Tuesday, a day after the S&P 500 confirmed it was in a bear market, as investors took relief from a smaller-than-expected rise in core producer prices. The Dow Jones Industrial Average (.DJI) rose 75.....
Commodity wrap-up: Gold shines on economic growth worries
June 14, 2022 01:47 AM PDT| By Arpit VermaHighlights Prices of both crude oil benchmarks have remained nearly stable in the last week. Gold logged substantial weekly gains of 1.22% on inflationary bets and economic growth worries. Prices of copper, aluminium, and iron ore have tumbled.....
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Reabold (LON:RBD) sharpens focus on its strategy, stock trades firm in 2022
June 14, 2022 09:47 AM BST| By Nitish KumarCrude oil prices are on firm footing this year. Brent crude is trading well above US$110/bbl, and some market experts are of the view that it could rise further as the world is going through a massive overhaul in the energy supply chain. The Russia.....
Investors could lose all their money, warns Bank of England Governor
June 14, 2022 06:46 PM AEST| By Manu ShankarHighlights BoE Governor Andrew Bailey has warned that investors could lose all their money by investing in unbacked assets. Bailey warned investors that illicit players can take advantage of such situations. On Tuesday, the crypto market slump.....
Is the end of crypto market here or can it rise again in 2022?
June 14, 2022 05:47 PM AEST| By Raza NaqviThe first half of 2022 has been awful for crypto, but few days have been as bad for the business that has grown up around digital currencies. Trading platforms froze withdrawals on Monday, companies laid-off workers, and skeptical investors sold t.....
NikeCraft and PsychoKitties: Why these two NFTs are trending
June 14, 2022 03:08 PM AEST| By Ankit SethiHighlights NFTs can have a different price trajectory as compared to native tokens like ETH and SHIB. PsychoKitties has recently made an entry, while NikeCraft is a part of Tom Sachs’ collection NikeCraft NFT holders recently got a chanc.....
What future does Celsius Network hold after its suspension?
June 14, 2022 11:23 AM AEST| By Ankit SethiThe cryptoverse’s troubles seem far from over. Over the past one week, the largest asset Bitcoin (BTC) has lost nearly 30% while Ethereum’s losses are even sharper. Ethereum’s ETH ranks second to BTC, and as of writing, their year.....
S&P in bear market as stocks resume losses; COIN, RIOT fall sharply
June 13, 2022 01:56 PM PDT| By Rupam RoyUS stocks resumed their selloff on Monday, June 13, after a sharp fall in the previous session on inflation woes as investors braced for the Fed's third installment of interest rate hikes this week. The S&P 500 fell 3.88% to 3,749.63. The Dow Jo...
Why did Cube Network (CUBE) go against the crypto trend? Zooms 48%
June 14, 2022 04:14 AM AEST| By Versha JainHighlights: Cube Network (CUBE) is a scalable layer one public chain with modular architecture. Its market cap is US$462.96 million, with a circulating supply of 39 million. Cube Network said that its cross-chain channel would be a.....
Tesla (TSLA) shares drop after announcing 3-for-1 stock split
June 13, 2022 11:11 AM PDT| By Mridul GogoiTesla Inc (Nasdaq: TSLA) stock tumbled around 3% in premarket on Monday after announcing a 3-for-1 stock split to boost its share numbers by three times to six billion. The EV maker is toeing the same line as other major tech companies.....
