News
From PLS, SYA to CXO: Take a look at top 5 ASX lithium stocks
May 12, 2022 05:22 PM AEST| By Bhawna GuptaHighlights: Lithium is the least dense metal and solid element. Lithium is highly reactive and must be stored in a vacuum or inert atmosphere. The production and transportation of lithium are very costly. Lithium prices have risen fast as.....
RLF AgTech (ASX:RLF) cashes in on high demand, wins contracts worth $1.2M
May 12, 2022 05:14 PM AEST| By Mohammad ZaidHighlights: RLF AgTech has secured AU$1.2 million in forward annual sales contracts for FY023 from two longstanding customers. The development indicates an 80% increase in sales contracts with continued growth in demand for RLF plant nutrition .....
GYEN stablecoin trading volume up 700%: What could it mean?
May 12, 2022 04:50 PM AEST| By Ankit SethiHighlights Stablecoin category of the cryptoverse is facing heat after the losses manifested by UST GYEN stablecoin is said to be pegged to the Japanese yen, and its trading volume has surged GYEN crypto’s market cap is very low as compa.....
What are Madonna NFTs and are they failing to invite high bids?
May 12, 2022 03:37 PM AEST| By Ankit SethiHighlights Madonna’s NFTs are being auctioned for charitable purpose on SuperRare, a digital asset marketplace So far, the bids have not been very high, which may be attributed to the ongoing dull phase in all cryptos SuperRare’s n.....
MRG Metals’ forward looking strategy progresses with new exploration licence applications
May 12, 2022 02:15 PM AEST| By SukritiHighlights MRG Metals Limited (ASX:MRQ) has made three new exploration licence applications (ELAs) in Zambezia Province of Mozambique for Rare Earth Elements (REEs) and Uranium (U). New REE and U ELAs are Patricio (10999 L; 19,763.06 Ha), Fotin.....
Crypto Catch: Bitcoin drops to US$29k level; crypto ETFs launch in Australia
May 12, 2022 01:55 PM AEST| By Daniel Paul JohnsHighlights Bitcoin has dipped to its lowest point in over a year with the flagship token dropping 4.4 per cent since yesterday to add to its overall decline this week Coinbase shares plunged around 25 per cent to its current price of US$53.72 &.....
Race Oncology (ASX:RAC) receives RGO nod for Zantrene human trial
May 12, 2022 12:41 PM AEST| By Aditi SarkarHighlights: Race Oncology is riding high with governance approval for human trial of its new therapy Zantrene®. The cancer drug will be studied in patients with extramedullary Acute Myeloid Leukaemia (AML) or high-risk Myelodysplastic Syndr.....
ASX 200 plunges at open; oil price rally boosts energy stocks
May 12, 2022 11:20 AM AEST| By AayushHighlights The benchmark ASX 200 index was trading 0.47% to 7,031.8 in the first few minutes of trading. Wall Street's main indices closed lower in Wednesday’s volatile session, led by a sharp drop in the NASDAQ Composite. The energy sec.....
How is Platina Resources (ASX:PGM) positioned with high-grade scandium and gold projects?
May 12, 2022 11:08 AM AEST| By Arpit VermaHighlights: Platina Resources (ASX:PGM) has undertaken key activities across its project portfolio in 2022 so far. The company holds one of the largest and highest-grade scandium deposits in the world. The Challa and Xanadu gold projects are e.....
What is yield farming? Is it the best way to invest in cryptocurrencies?
May 12, 2022 10:01 AM AEST| By Sonal GoyalHighlights In yield farming, the crypto investor can earn good income by lending their crypto holdings Yield farming is performed on decentralised finance platforms There are a lot of decentralised finance platform through which yield farming...
LIC, AX1, JDO: Why these ASX All Ordinaries rose sharply yesterday
May 12, 2022 08:37 AM AEST| By AshishHighlights The ASX All Ordinaries had a challenging session on Wednesday. The index closed the session up just 0.26% to 7,304.40. While a majority of shares traded weak, there were a few notable exceptions as well. The Austral...
ASX 200 to fall on US inflation concerns; Xero, CBA results today
May 12, 2022 07:55 AM AEST| By AshishHighlights The Australian share market is expected to extend its losses to Thursday. According to the latest SPI futures, the ASX 200 is likely to open 54 points or 0.8% lower. The Dow Jones fell 1%, the S&P 500 dipped 1.65%, and...
US stocks slip after CPI data; COIN, Unity decline
May 11, 2022 02:15 PM PDT| By Rupam RoyWall Street's main indices drifted lower on Wednesday, May 11, after US inflation rose more than expected month-on-month for comfort, renewing fears about the Fed's aggressive rate hikes. The S&P 500 was down 1.65% to 3,935.18. The Dow Jones fel...
Is FTX Token (FTT) crypto trending on New York Trust Charter news?
May 12, 2022 03:42 AM AEST| By Rupam RoyHighlights: FTX is a crypto derivative platform launched in May 2019. The FTT token is available for trading on several exchanges like Binance, BingX, etc. The FTT token saw the highest price of US$48.28 in the last 30 days. The FTX Token.....
Why is XYO (XYO) crypto rising despite market turbulence?
May 12, 2022 12:37 AM AEST| By Versha JainHighlights XYO is a technology protocol. It has 73,139 token holders: the top 100 holders account for 51% of the holdings. The XYO token has a market capitalization of US$161.4 million. The global crypto market was down 5.93% to US$.....
Why is Maker (MKR) crypto up 35%?
May 12, 2022 12:31 AM AEST| By Versha JainHighlights Maker (MKR) is an Ethereum based governance token of Maker DAO (Decentralized organization) and Maker protocol (a software platform). It is used to issue and manage DAI stablecoin. DAI is a community managed, decentraliz.....
Stronger (STRNGR) crypto: Will the rally last for this token?
May 12, 2022 12:18 AM AEST| By Manu ShankarHighlights The STRNGR crypto is the first and only blockchain-agnostic network that aims to reward the nodes for supporting their infrastructure. Built on top of the Ethereum blockchain, the STRGNR allows the users to either use the existing no.....
Does Talos' crypto investment signal growth of institutional investors?
May 12, 2022 12:13 AM AEST| By Manu ShankarHighlights Digital asset trading technology firm Talos has managed to secure a US$1.25 billion valuation after closing a US$105 million Series B funding round. The Series B funding round was led by the likes of Wells Fargo, Citi, and BNY Mellon.....
What is ALI crypto and why is it rising?
May 11, 2022 10:11 PM AEST| By Raza NaqviHighlights The ALI crypto was trading at US$ 0.00002448 per token and probably caught the investors' attention. The ALI crypto could be the native token of the AiLink network. AiLink network was reportedly founded in Shanghai, China. As per Co.....
Terra (Luna) crypto down by over 70%: Will it dip more?
May 11, 2022 06:22 PM AEST| By Manu ShankarHighlights Terra on Wednesday has now lost over 70% at the time of writing, and its drop is essentially the result of market bearishness which seems to have put too much pressure on both LUNA and TerraUSD (UST). LUNA lost almost 92.5% of it.....
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