News
Dow suffers worst day as Wall Street retreats; TGT, LOW stocks plunge
May 18, 2022 02:03 PM PDT| By Rupam RoyDow Jones suffered its worst single-day loss since 2020 as Wall Street’s main indices drifted lower on Wednesday, May 18, following weak quarterly earnings of companies like Target Corporation (TGT). The S&P 500 was down 4.04% to 3,923.68....
What is Grove (GVR) token? know price and performance
May 19, 2022 01:23 AM AEST| By Rupam RoyHighlights: Grove Token describes itself as a decentralized, secure green token created with a focus on the environment. The GVR token is currently available for trading on PancakeSwap (V2), Bitmart, etc. It returned gains of 11.27% in the las.....
Why is Kyber Network Crystal v2 (KNC) crypto up over 17%?
May 19, 2022 12:15 AM AEST| By Rupam RoyHighlights: Kyber Network is a hub of liquidity protocols that collects liquidity from several sources. The token is available for trading on exchanges like Coinbase Pro, Huobi Global, etc. The KNC token returned gains of over 26% in the last .....
3 top DeFi projects to explore in second half of 2022
May 18, 2022 10:13 PM AEST| By Raza NaqviHighlights Over the past two or three years, the DeFi space has grown massively and has attracted massive interest from millennials. In the early stages, the DeFi infrastructure was on the Ethereum blockchain. However, now other blockchains hav.....
ETH at $2,000: What does 5-year historical price data indicate?
May 18, 2022 07:53 PM AEST| By Ankit SethiHighlights Ether fared poorly in 2018, which mirrored the price movement of BTC and even stock market ETH is a leading altcoin, but other assets may chart their own path during fall in ETH and BTC Over the latter half of 2021, ETH doubled, but.....
Know all about Orchid (OXT) crypto and its price
May 18, 2022 05:49 PM AEST| By Jasmine AnandHighlights The Orchid network boasts of being a decentralised marketplace focusing on VPN providers The network is powered by the OXT token The crypto is available on a majority of cryptocurrency exchanges Many cryptos are foraying into t...
Can MultiVac (MTV) crypto end its bearish run soon?
May 18, 2022 05:45 PM AEST| By Manu ShankarIt’s been a rough phase for MultiVac (MTV) crypto past few weeks. The crypto has been trailing as it witnessed losses of over 57.7% in the past 30 days. The losses are primarily the result of the bearish market sentiments, which have resulted i...
Why did Santos Fan Token's (SANTOS) volume soar over 9600%?
May 18, 2022 05:28 PM AEST| By Manu ShankarHighlights The SANTOS crypto allows token holders to have immersive experiences of the Santos FC Football club. Santos Fan Token (SANTOS) has been grabbing the headlines following its rally of over 115% on 18 May, with a volume gain of ov.....
ARK crypto rises: How has ARK fared amid volatility in cryptoverse?
May 18, 2022 04:11 PM AEST| By Ankit SethiHighlights At a time when BTC, ETH, and ADA prices were in red, ARK crypto was trading in green ARK blockchain network works on what it terms “modified” proof-of-stake method As compared to its price on January 1, 2022, ARK token h.....
AIA, AIR, SKO: 3 NZX stocks to eye as travel starts to recover
May 18, 2022 07:36 AM CEST| By Manika9 pandemic. Serko Limited (NZX:SKO) SKO is a corporate travel technology company that announced its full-year results today. It said that it was stepping up its investment as it was expecting a big travel recovery after three years of losses....
Crypto Catch: Analyst claims Ethereum may lose 80% of its value
May 18, 2022 01:55 PM AEST| By Daniel Paul JohnsAn expert crypto analyst has made the startling claim that second largest cryptocurrency, Ethereum, might lose a further 80 percent of its value in the near future. Ethereum has had a tough go at it in the last several months, losing 60 percent of.....
Is NZ’s Budget 2022 going to be a `Well-Being’ one?
May 18, 2022 04:50 AM CEST| By ManikaHighlights The NZ Federal Budget for 2022 has been positioned as a `Well-Being’ Budget The Finance Minister faces a tough challenge to bring together a Budget when inflation is at a new high Due to many challenges, the FM will have to do.....
US stocks rise after strong retail sales data; Citigroup, HD, UAL surge
May 17, 2022 02:20 PM PDT| By Rupam RoyBenchmark US indices edged higher on Tuesday, May 17, lifted by gains in technology, retail, and bank stocks after strong retail sales data eased investors' concerns over a slow economic growth. The S&P 500 rose 2.02% to 4,088.85. The Dow Jones...
What is IOTA (MIOTA) crypto and why is it rising?
May 18, 2022 03:20 AM AEST| By Versha JainHighlights IOTA (MIOTA) is a distributed ledger launched in 2016. The distributed ledger charges no fees and intends to provide limitless throughput at the minimum expense. On May 17, it announced that hardware is planned for produ.....
Why is IDEX (IDEX) crypto up over 122%?
May 18, 2022 01:54 AM AEST| By Rupam RoyHighlights: Idex is a hybrid liquidity decentralized exchange (DEX) that functions as an order book and an automated market maker (AMM). The token is available for trading on exchanges like Binance, Uniswap V2, etc. It returned over 20% gains .....
Why is Decentralized Social (DESO) crypto drawing attention?
May 18, 2022 12:41 AM AEST| By Rupam RoyHighlights: The DeSo blockchain claims to power the Web 3.0 decentralized social networks. The DESO token can be traded on exchanges like Coinbase, CoinEx, etc. DESO coin saw the highest price of US$43.88 in the last 30 days. The crypto m.....
Is Digital Euro’s launch on the cards?
May 18, 2022 12:33 AM AEST| By Manu ShankarHighlights ECB is geared to launch the Digital Euro in the next four years by 2026. In a speech, Fabio Panetta, an executive member of the European Central Bank, said that ECB could perhaps lay the groundwork for the possible digital euro for t.....
Why this Japanese Bitcoin is on a hot streak in crypto market?
May 18, 2022 12:29 AM AEST| By Manu ShankarHighlights The JasmyCoin (JASMY), also dubbed the Japanese Bitcoin, is an IoT platform, which aims to offer infrastructure that allows seamless data transfer safely and securely. Built on the Ethereum blockchain network, the JASMY crypto aims t.....
What is Songbird (SGB) crypto and why did it zoom 76%?
May 17, 2022 11:30 PM AEST| By Versha JainHighlights Songbird is the canary network for Flare. Flare, a distributed network, enables secure interoperability between chains by integrating with the Ethereum Virtual Machine (EVM). The Songbird (SGB) token has a current market capitalizat.....
Bitcoin at $30,000: What does 5-year historical price data indicate?
May 17, 2022 09:56 PM AEST| By Ankit SethiHighlights Prices of altcoins like ETH have largely mirrored the price trend of BTC in 2022, which shows correlation BTC has the biggest share in the total market cap of cryptoverse, which is often referred to as its dominance Bitcoin price ha.....