News
RHDM IPO cancelled or can you buy Rhodium Enterprises stock?
January 21, 2022 07:00 PM AEDT| By Raza NaqviA turbulent equities market claimed another initial public offering (IPO) victim on Thursday, January 20. The Delaware-based digital asset technology company Rhodium Enterprises was supposed to go public. However, it has reportedly postponed the o.....
What is Cardano ADA price prediction after SundaeSwap launch?
January 21, 2022 06:25 PM AEDT| By Ankit SethiHighlights SundaeSwap, a DeFi protocol, has now launched on Cardano network Reports suggest a little congestion and errors experienced by users of the SundaeSwap DEX ADA price movement would also rely on how SundaeSwap performs in the coming d.....
All you need to know about Cryptoland metaverse
January 21, 2022 05:36 PM AEDT| By Ankit SethiHighlights Cryptoland would be developed on an island to enable enthusiasts to live and work together The project has NFT and metaverse underpinning, which might pique interest Cryptoland does not have a native token as of now, and its NFTs ma.....
TSX sinks over 4% in 4 days, loonie & commodities down
January 21, 2022 05:30 PM AEDT| By Sundeep RadeshFor the fourth straight trading session, the TSX Composite Index fell as it took a biting loss of 2.07 per cent, 436.79 points, to 20,621.39. 2021, the year when vaccines came and the economy could open up, saw the index’s best performance sinc...
What is Twitter’s new feature about NFT and profile picture?
January 21, 2022 04:29 PM AEDT| By Jasmine AnandHighlights Twitter comes up with a new feature, allowing its users to display their NFTs as their profile pictures. New NFT avatars would appear in a hexagonal border instead of a circle. At present, the service is extended to Twitter Blue sub.....
Why is crypto market down? 5 key reasons
January 21, 2022 04:16 PM AEDT| By Ankit SethiHighlights The Fed may hike rates soon, and investors may be trimming their bets on riskier assets Russia may become another major economy to ban cryptos if its central bank’s proposals are accepted A few metaverse tokens have defied the.....
What are crypto market liquidations? Why are these weighing on Bitcoin?
January 21, 2022 03:45 PM AEDT| By AshishHighlights The global crypto market has faced the heat in last few days due to liquidations by traders. Bitcoin, Ethereum, Cardano, Fantom, and Cosmos have been most affected due to these liquidations. Crypto market liquidations refer to a sce.....
US stocks retreat for third straight day on inflation woes
January 21, 2022 09:31 AM AEDT| By Versha JainUS stocks closed in a sea of red on Thursday, January 20, as investors paused their bullish bets amid mixed signals from the economy. The S&P 500 fell 1.10% to 4,482.73. The Dow Jones declined 0.89% to 34,715.39. The NASDAQ Composite was down 1....
Russia to ban mining and use of cryptocurrency
January 21, 2022 06:09 AM AEDT| By Versha JainHighlights Russia’s central bank said it proposed a ban on mining and use of cryptocurrency. In 2020, Russia had given legal status to digital currencies but banned their use for payments. Russia ranks third in crypto mining after the US.....
Will Badger DAO crypto’s rally stay?
January 21, 2022 01:49 AM AEDT| By Manu ShankarHighlights Badger DAO is a decentralized autonomous organization, which primarily aims to build dedicated products to simplify the use of Bitcoins. Powered by the Ethereum blockchain network, Badger DAO is driven by two main products SETT .....
What does Beefy Finance do & how to buy BIFI tokens?
January 20, 2022 10:45 PM AEDT| By Raza NaqviThe price of Beefy Finance (BIFI) cryptocurrency has gone up about five per cent in the last 24 hours, and its fully diluted market cap had increased to $136.6 million at the time of writing. Beefy Finance ranked 380 and was priced at $1,711.28 pe.....
How is is Shping crypto (SHPING) setting the market on fire?
January 20, 2022 09:27 PM AEDT| By Manu ShankarDriven by the Ethereum blockchain, Shping crypto (SHPING) aims to incentivise the brand retailers to promote a safer and secure way for customers to share product information. The Shping project aims to develop the world’s largest global data.....
How would inflation further affect sectors? 5 pointers to note
January 20, 2022 09:04 PM AEDT| By Priya BhandariThe inflation rate of the UK surged unexpectedly to 5.4% in December up from November’s 5.1%, since its highest in 1992, enhancing pressure on the household sector and on the Bank of England to raise interest rate again. The sharp rise in inf.....
What is JasmyCoin crypto? Can Jasmy ‘data lockers’ attract users?
January 20, 2022 08:12 PM AEDT| By Ankit SethiHighlights Jasmy project aims to provide licensed access to personal data of users Businesses can use this data to promote their products and services in an efficient manner JasmyCoin is the linked token, and it peaked to US$4 in Februar.....
Dynasty Financial Partners IPO: How to buy DSTY stock?
January 20, 2022 08:10 PM AEDT| By Raza NaqviHighlights: The leading underwriters will be Goldman Sachs & Co. LLC, Citigroup, J.P. Morgan, and RBC Capital Markets. Dynasty Financial describes itself as an industry advocate for independent advisors. Dynasty Financial Partners wants to.....
TSX in the red YTD after another fall, commodities continue rallying
January 20, 2022 07:55 PM AEDT| By Sundeep RadeshThe TSX Composite Index lost 69.41 points, 0.33 per cent, to 21,205.16, Wednesday, January 19, and is in the negative year-to-date (YTD). Technology, healthcare and financials took major losses. Meanwhile, industrials and base metals were in the gre...
What makes the SOS token popular among investors?
January 20, 2022 06:12 PM AEDT| By Aditi SahaHighlights In December, the OpenDAO, a new decentralised autonomous organisation (DAO), started to give away free tokens to the users of OpenSea, the biggest NFT marketplace. According to OpenDAO's Twitter bio, an anonymous user, @9x9x9eth, is .....
What led to Grayscale Bitcoin Trust’s (GBTC) record-high discounts?
January 20, 2022 05:39 PM AEDT| By Jasmine AnandHighlights Grayscale Bitcoin Trust, a popular crypto fund, has been witnessing steep discounts in the trading of its share. GBTC’s discount has reached 26.5%, the highest in the last 12 months. Some of the reasons for the same can .....
What is Syn City crypto? Is it a metaverse token?
January 20, 2022 05:31 PM AEDT| By Ankit SethiHighlights Syn City is a new entrant in metaverse gaming where AXS, MANA, and SAND are the leading players Syn City crypto project claims it is the first ‘mafia’ game with blockchain underpinning Syn City token, SYNR, is bein.....
TSX in freefall with all sectors in red, loonie gains
January 20, 2022 05:30 PM AEDT| By Sundeep RadeshCanada’s stock market has been in retreat mode. On Thursday, January 20, the TSX Composite Index lost 146.98 points, 0.69 per cent, to 21,058.18. The index has lost 2.24 per cent in the last three days. The industrials sector saw no change but...