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Wall Street retreats after mixed job data; CI, TU rally
May 06, 2022 02:51 PM PDT| By Rupam RoyBenchmark US indices closed lower for the second consecutive day on Friday, May 6, as growth stocks retreated amid higher Treasury yields, and mixed jobs data fueled more interest rate rise worries. The S&P 500 declined 0.57% to 4,123.34. The Do...
TSX clocks 6th straight weekly loss as tech stocks fall, loonie down
May 06, 2022 05:30 PM EDT| By Sundeep RadeshThe TSX Composite Index on Friday, May 6, fell lower by 0.3 per cent, 62.89 points, to 20,633.28. This ended the week with its sixth straight weekly loss, having fallen 0.62 per cent. The benchmark index has fallen 6.37 per cent in six weeks. Energy...
Why is SUKU (SUKU) crypto grabbing attention?
May 07, 2022 05:41 AM AEST| By Team Kalkine MediaHighlights SUKU (SUKU) is a blockchain-based ecosystem for Web3 solutions. Its solutions comprise of InfiniteWorld, SUKU Omni, and SUKU DeFi. SUKU is an ERC-20 compatible token used in the ecosystem. The SUKU (SUKU) crypto was trend.....
Why is Uniswap (UNI) crypto drawing attention?
May 07, 2022 03:38 AM AEST| By Rupam RoyThe global crypto market slumped by 4.89% to US$1.65 trillion on May 6, while its volume for the last 24 hours surged over 35.28%. Meanwhile, various altcoins were also in the red on Friday, contributing to the losses in the overall market. However.....
Why is the crypto market down?
May 07, 2022 02:43 AM AEST| By Rupam RoyThe global crypto market slumped over 8% on Friday as major cryptocurrencies declined, slipping by more than 9% close on the heels of the Fed's rate increase. Investors expect a far more aggressive rate stance by Fed in June when it meets for the n.....
What is WAX (WAXP) blockchain and how is it eco-friendly?
May 07, 2022 01:21 AM AEST| By Versha JainHighlights WAX (WAXP) is an eco-friendly blockchain for video games, NFTs, and collectibles. Its climate-friendly NFT eco-system provides a suite of tools for creators, developers, artists, and leading brands to leverage the power of bloc.....
Pluton crypto's price is up 40% & volume soars 450%: What's next?
May 07, 2022 01:02 AM AEST| By Raza NaqviHighlights The Pluton crypto was launched in 2016 and it operates on the Ethereum blockchain. Pluton crypto is the utility token of Plutus, a project that offers debit cards to customers but rewards them through cryptocurrency. Currently, the .....
Is Steem (STEEM) crypto feeling the heat of market free fall?
May 07, 2022 12:22 AM AEST| By Manu ShankarHighlights Steem (STEEM) crypto is a community-focused network that offers incentivised blockchain database, which allows users to interact and earn rewards in the process. Launched in January 2016, Steem crypto aims to eradicate the issues rel.....
Increasing number of UK citizens getting glued to cryptos: Coinbase report
May 07, 2022 12:19 AM AEST| By Manu ShankarHighlights Coinbase conducted a study that showcased the number of Brits who have bought crypto has gone up from 4% to 33% since October last year. Approximately 52% of the UK citizens surveyed found a particular liking to Ethereum, while few o.....
The US$100-bn flash crash: Why are cryptos crashing today?
May 06, 2022 07:37 PM AEST| By Manu ShankarHighlights Major cryptocurrencies, such as Bitcoin, Ethereum, Solana, etc., crashed, wiping around US$100 billion from the market. On 6 May, the overall crypto market stood at US$1.67 trillion, falling from US$1.81 trillion on Thursday. .....
3 most expensive cryptos in cryptoverse by per token price
May 06, 2022 05:34 PM AEST| By Ankit SethiHighlights Cryptocurrencies, including the three mentioned below, were subdued at the time of writing Many crypto tokens can be priced very low, which may be a lure for a section of enthusiasts Expensive cryptos, with respect to price, can man.....
Is Everdome crypto rising? Can it be the next big metaverse token?
May 06, 2022 05:31 PM AEST| By Raza NaqviHighlights DOME crypto is the native utility token of Everdome network, and it is a BEP-20 token. The Everdome crypto could be trending due to the announcement that FAME MMA has acquired land in Everdome. Despite gaining traction, the Everdome.....
Cronos (CRO) token plummets: What's going on at Crypto.com ecosystem?
May 06, 2022 04:26 PM AEST| By Ankit SethiHighlights Cryptos were in a deep bearish phase as of writing, with total market cap falling under US$1.7 trillion Crypto.com includes a trading platform, a blockchain network Cronos, and a native CRO token Crypto.com has acquired rights which.....
Listing on Binance sends Project Galaxy (GAL) crypto soaring 24%
May 06, 2022 03:56 PM AEST| By Priyabrata PrustyHighlights GAL token got listed on Binance innovation zone at 12:00 PM (UTC) on 5 May. The trading pairs available on Binance are GAL/BTC, GAL/BNB, GAL/BUSD and GAL/USDT. Smart money wallets have reportedly bought nearly US$4 million worth of...
Shibnobi crypto down over 50%: Is it scam?
May 06, 2022 03:53 PM AEST| By Ankit SethiHighlights After no immediate impact of latest rate hike, cryptos including BTC are now under stress Shibnobi crypto was down over 50 per cent as of writing, prompting criticism from some Shibnobi claims to have a blockchain network, NFT offer.....
SAND, LUNA, Pacman Frog (PAC): GameFi crypto coins you can own today
May 06, 2022 03:25 PM AEST| By Roberta (Guest)The recent introduction of GameFi to the world of crypto has brought a lot of investors huge returns. New cryptos are emerging in the space and they promise to yield better returns than what we have now. Pacman Frog (PAC) is leading the charge in thi...
Meet the team behind Canadian fintech hedge fund, KB Crypto
May 05, 2022 08:52 PM EDT| By Ankit SethiIn last few years, options for one to invest their savings have ballooned like never before. New investment instruments have made inroads into portfolios of many new investors and also old investors despite many naysayers casting doubts....
US indices drop on more rate hike fears; SHOP, Wayfair, ETSY fall
May 05, 2022 02:56 PM PDT| By Rupam RoyWall Street’s main indices fell sharply on Thursday, May 5, the biggest drop since the early days of the pandemic as investors feared a steep rate hike at the Fed’s next meeting in June. The S&P 500 fell 3.56% to 4,146.87. The Dow Jo...
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TSX plunges 2.3% with all sectors in red, loonie down
May 05, 2022 05:30 PM EDT| By Sundeep RadeshThe TSX Composite Index on Thursday, May 5, crashed by 488.78 points, 2.31 per cent, to 20,696.17. This undoes the gains of the last two days and takes the benchmark index into red territory for May. Discernably, the index has experienced volatility...
What is Xana (XETA) crypto metaverse project?
May 06, 2022 07:14 AM AEST| By Versha JainHighlights XANA (XETA) is an Ethereum sidechain custom-built for its metaverse. XANA is not yet listed on cryptocurrency aggregators like coinmarketcap. XETA is its native token used in metaverse functioning. With the growing .....
