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News
Has the interest in stablecoins returned post TerraUSD (UST) crash?
May 24, 2022 11:37 PM AEST| By Manu ShankarThe TerraUSD crash last week had left many market participants questioning the stability of stablecoins. The basic concept of stablecoins, which are projected to be more stable than other cryptos, was challenged during the crash. Investors and enthus...
When can GeyserCoin (GSR) crypto end its bearish run?
May 24, 2022 09:40 PM AEST| By Manu ShankarGeyserCoin (GSR) crypto has had a miserable run on the crypto market of late. This Automated Market Maker (AMM) that provides liquidity has been down by over 50% in the past 30 days. And the bear market which has been prevailing has made it worse f...
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Financial Preparations For New Investors [Crypto Investment 2022]
May 24, 2022 08:27 PM AEST| By Tommy Murphy (Guest)Crypto investing is a spectacular opportunity to improve your profits, especially for new investors. However, the price is unpredictable, which might come as a huge turndown for some. It is important to be fully aware of the risks and be financially ...
Avalanche, Litecoin: 2 altcoins to watch out for in 2022
May 24, 2022 07:06 PM AEST| By Jasmine AnandHighlights Many altcoins, with their unique and distinct features, have become major players in the digital currency market Avalanche boasts near-instant, low-cost transactions Litecoin offers extremely low transaction fees, making it suitable...
What is AgeOfGods (AOG) crypto and why its volume soared 1200%?
May 24, 2022 06:47 PM AEST| By Raza NaqviHighlights The AOG crypto is the native token of AgeOfGods. AgeOfGods claims to be a new type of play-to-earn game as it gives full ownership rights over in-game items to the players. The AgeOfGods crypto is available on cryptocurrency exchang...
Why is Mirror Protocol (MIR) crypto soaring today?
May 24, 2022 06:30 PM AEST| By Manu ShankarEver since the Terra collapse, several cryptos developed by the Terraform Labs witnessed substantial losses. Not just that, even leading exchanges had suspended their offerings to restrict the damage. One such crypto that faced Terra collapse's bru...
Request crypto rises 18%, REQ trade volume zooms 4,500% with BTC in red
May 24, 2022 05:21 PM AEST| By Ankit SethiCan any altcoin rise when the broader cryptoverse is in red? CoinMarketCap data suggests that not one, but many assets may surge even when BTC is down. As of writing, BTC was down almost three percent on a 24-hour basis. ETH too was in red, nearly...
Why is LRC crypto making a splash with over 400% jump in trading volume?
May 24, 2022 02:13 PM AEST| By Sonal GoyalHighlights Loopring (LRC) crypto is up over 16% in the last 24 hours The market cap of LRC token is over US$700 million now In the last 24 hours, trading volume in this crypto has increased by 430% After some signs of recovery on Monday, ...
Why is MMORPG Outer Ring (GQ) crypto gaining attention?
May 24, 2022 04:52 AM AEST| By Versha JainHighlights Outer Ring project was launched three years ago as a “Massively Multiplayer Online Role-Playing Game” or “MMORPG”. It is based on a novel by the same name by Martin Wilsey. On Monday, the GQ...
Is Fantom (FTM) crypto rising on Andre Cronje news?
May 24, 2022 02:32 AM AEST| By Rupam RoyHighlights: Fantom is a directed acyclic graph (DAG) smart contract platform that offers developers DeFi-related services. The FTM token is tradeable on crypto exchanges like Binance, Gate.io, etc. It returned over 38% gains in the last seven ...
Why is IoTeX (IOTX) crypto rising?
May 24, 2022 01:53 AM AEST| By Rupam RoyHighlights: IoTeX is an open-source, decentralized platform aiming to enhance “open economics for machines”. The IOTX token is available for trading on exchanges, such as Binance and Huobi Global. It returned 35% gains in the last ...
What is DEXTools (DEXT) crypto and why is it up?
May 24, 2022 12:22 AM AEST| By Versha JainHighlights DEXTools is a DeFi app and an ecosystem for decentralized exchange traders. DEXT is the utility token of DEXTools. It has a market capitalization of US$17.1 million. The DEXTools (DEXT) token rose 8.97% to US$...
Will stablecoin depegging have an effect on crypto rules?
May 24, 2022 12:08 AM AEST| By Manu ShankarHighlights UK FCA Executive Director of Markets Sarah Pritchard suggested that the recent depeggings will be one of the critical factors while drafting crypto rules of the country. On 23 May, the overall stablecoin market cap stood at US$160,01...
What makes Augur (REP) crypto special?
May 24, 2022 12:00 AM AEST| By Manu ShankarDeveloped by Forecast Foundation in 2014, Augur (REP) crypto is primarily a trustless and decentralised oracle that aims to harness the crowd’s ability to predict markets. Built on top of the Ethereum blockchain and developed by the Forecast ...
What is Wrapped Luna (WLUNA)? Why is it surging today?
May 23, 2022 09:30 PM AEST| By Manu ShankarTerra's drastic fall from the highs of April-May can be considered as a case study for many crypto fanatics looking to enter the market without much background. The fall has posed more questions than answers for the Terra ecosystem. The recent sign...
Anchor Protocol (ANC) just soared over 150%. Here's why
May 23, 2022 06:02 PM AEST| By Manu ShankarAnchor Protocol (ANC) crypto is primarily a DeFi lending and borrowing platform, founded by Terraform Labs' Daniel Shin and Do Kwon, which offers up to 19.5% yield on stablecoin deposits. Anchor offers principal-protected stablecoins as coll...
Why is MarsRise (MARSRISE) crypto skyrocketing over 250% today?
May 23, 2022 03:52 PM AEST| By Sonal GoyalCrypto investors finally got some sigh of relief on Monday (23 May) as the market witnessed some pull back. In this year so far, there has been a huge drop in the crypto market capitalisation, maybe because of the liquidity tightening happening ...
Crypto Catch: Tether struggles as fund withdrawals continue
May 23, 2022 02:09 PM AEST| By Daniel Paul JohnsHighlights Stablecoin Tether’s woes have continued from last week with massive withdrawals across the network According to public blockchain records, US$1 billion worth of tether was redeemed just after midnight on Saturday Bitcoin grew ...
Top 5 costliest NFTs ever sold
May 23, 2022 02:01 PM AEST| By Ankit SethiHighlights Beeple, Pak, CryptoPunks, and BAYC are some notable names in the NFT verse Pak’s Merge was reported to have sold for a whopping US$91.8 million in December 2021 Single sellers have bid heavily for Beeple and Pak artwor...
BTC and S&P 500 Index correlation over past 5 years
May 23, 2022 02:01 PM AEST| By Ankit SethiHighlights BTC and S&P 500 Index price trajectory was same, but BTC’s growth or fall was very sharp BTC can be considered hyper-volatile and such assets are often avoided by risk-averse investors This year, BTC is down and so...
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