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Cryptocurrency
PAXG, XAUT & PMGT: Why these gold-backed stablecoins gaining attention?
March 14, 2022 06:06 AM AEDT| By Rupam RoyHighlights Pax Gold (PAXG) is an ERC-20 token that runs on the Ethereum blockchain. Tether Gold (XAUT) is a gold-backed stablecoin offered by the TG Commodities Limited. Perth Mint Gold Token (PMGT) price rose over 6% in the last 30 days. .....
Looking to earn fixed income via crypto? Here are 5 major platforms
March 13, 2022 12:30 AM AEDT| By Daniel Paul JohnsOver the last two years throughout the pandemic, many have made money by investing in cryptocurrencies. However, the past several months have seen most of the digital tokens fall amid expectations of interest rate hikes in the US as inflation has r.....
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Why are gold-backed cryptos gaining momentum?
March 12, 2022 09:42 PM AEDT| By Manu ShankarHighlights Gold-backed cryptocurrencies are those assets whose value is underwritten by its equivalent price in gold. Unlike the usual cryptos, the gold-backed token's value is derived from the tangible assets and hence, acts as an inflation he.....
Is ‘cashback-crazed’ Rewards Bunny (RBUNNY) crypto here to stay?
March 12, 2022 08:01 AM AEDT| By Versha JainHighlights Rewards Bunny (RBUNNY) crypto is conducting an ‘Ask Me Anything’ (AMA) session on March 11 at 5 pm UTC. The token volume jumped 370.75% in the last 24 hours to Friday afternoon ahead of the AMA. The company launc.....
Why is HyperVerse (HVT) crypto gaining attention?
March 12, 2022 04:33 AM AEDT| By Versha JainThe HyperVerse token is making news again. On Friday, the metaverse-focused token announced the launch of a new membership drive dubbed HyperVerse Membership 2.0, offering users a 5% direct reward for referrals to join the platform. HyperVerse sai.....
WAVES, LEO & PAXG: 3 cryptos trading in green on YTD basis
March 12, 2022 02:31 AM AEDT| By Ankit SethiMany crypto-related headlines are dominated by the decline in Bitcoin’s price so far in 2022. As of writing, most of the high cap cryptocurrencies, which include Bitcoin, Ether, BNB, Cardano, and Dogecoin had lost value on a year-to-date (YTD.....
CroNodes (CRN) crypto declines 77% in a week. Is it a scam?
March 12, 2022 02:03 AM AEDT| By Raza NaqviHighlights: The CRN crypto is the native token of the CroNodes protocol. Users are alleging the CRN crypto to be a crypto scam. To get hold of the CRN token, users have to get it through CRONASWAP, a decentralized exchange on Cronos chain. .....
FCA gets tough on crypto ATMs, orders closure
March 12, 2022 12:45 AM AEDT| By Manu ShankarHighlights In a massive announcement, the UK’s Financial Conduct Authority (FCA) issued a verdict on Friday, 11 March, to shut down all the Bitcoin (BTC) ATMs operating in the country. The FCA elaborated that crypto-asset firms that a.....
Why is Bobatama (BOBA) crypto rising?
March 12, 2022 12:10 AM AEDT| By Rupam RoyHighlights: The BOBA token rose by more than 622% over the past seven days. Bobatama (BOBA) is a meme coin and a variation of the Saitama meme, with its logo featuring the legendary Boba Fett character. Bobatama's primary utility, Bobamask, is.....
What is XEC crypto and why it is gaining traction?
March 11, 2022 10:43 PM AEDT| By Raza NaqviHighlights: eCash (XEC) is the rebranded version of Bitcoin Cash ABC and a fork of Bitcoin and Bitcoin Cash. Amaury Sechet founded the XEC crypto, and he was the lead developer of Bitcoin Cash. The price surge of XEC crypto could be due to the.....
Why is Kadena (KDA) crypto gaining attention?
March 11, 2022 08:45 PM AEDT| By Rupam RoyHighlights: The Kadena network, launched in 2016, was built solely to provide a scalable and efficient service for businesses. Its ecosystem consists of a public blockchain or Chainweb, which is a sharded layer-1 Proof-of-Work consensus-based b.....
What can the crypto world expect from the Stripe & FTX partnership?
March 11, 2022 08:43 PM AEDT| By Manu ShankarIn a major announcement on 11 March, Global payment firm Stripe said that it would be expanding its services to cryptocurrencies, wherein users will be permitted payment for NFTs and other digital assets by using fiat currency. Stripe, which offers i...
Golem Network (GLM) crypto’s trade volume rises on Coinbase listing
March 11, 2022 06:42 PM AEDT| By Ankit SethiHighlights Golem Network, with its native GLM crypto, is focusing on “censorship-resistant” offerings The GLM crypto has gained on a YTD basis, which is in contrast to major cryptos like BTC and ETH Coinbase recently tweeted about .....
Qatar 2022 Token (FWC): Why is it gaining attention lately?
March 11, 2022 06:38 PM AEDT| By Manu ShankarQatar 2022 Token (FWC) is primarily a Binance Smart Chain-driven cryptocurrency that aims to bring football and cryptocurrencies together. Traditionally, the football and cryptos alliance is quite popular with its fan tokens. The fan token market i.....
Stacks (STX) crypto on cloud nine after Bitcoin Odyssey announcement
March 11, 2022 05:57 PM AEDT| By Manu ShankarWhenever we talk of Bitcoin, we rarely associate it with various DeFi, DApps, DAOs, NFTs projects. In fact, even a keen follower would perhaps name Ethereum or a Solana as their favourite blockchain network for such projects. But now, Stacks blockc.....
What is Galeon crypto project & its native token?
March 11, 2022 05:26 PM AEDT| By Ankit SethiHighlights The GALEON crypto is native to the healthcare-focused and blockchain-powered Galeon project The GALEON token is very new at the moment, and most of its self-reported figures have yet to be verified GALEON is said to be listed .....
Crypto Catch: Bitcoin plunges over 5%, slips below US$40k
March 11, 2022 02:05 PM AEDT| By Daniel Paul JohnsHighlights The crypto market fell on Thursday as some of the initial excitement surrounding U.S. President Joe Biden's crypto executive order fizzles out. Bitcoin was last down more than 5 percent dropping below US$40,000 once again, after risi.....
Is Dovu (DOV) crypto migrating to HTS after US$100 mln boost?
March 11, 2022 05:37 AM AEDT| By Versha JainHighlights Dovu (DOV) is a cryptocurrency that operates on the Ethereum platform. It currently has 5,592 token holders. Dovu (DOV) received a grant of US$100 million from HBAR Foundation’s climate fund. Dovu (DOV) on Thursday said i.....
Why is sUSD (SUSD) gaining attention?
March 11, 2022 03:21 AM AEDT| By Rupam RoyHighlights: sUSD is a synthetic USD token or stable coin enabled by the Synthetix protocol. It keeps track of the US dollar (US$) price. The token could be traded without slippage for other assets native to the Synthetix protocol. The cry.....
Why is Elrond (EGLD) crypto gaining attention?
March 11, 2022 02:49 AM AEDT| By Versha JainIn a major boost for the crypto company Elrond Network (EGLD), Romania's central bank has approved its acquisition of e-money firm Twispay, accelerating its expansion in Europe. The EGLD token's trading volume soared more than 18% to about US$261......
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