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News
DYDX crypto's volume rockets over 100% on big update. What is it?
May 09, 2022 05:46 PM AEST| By Raza NaqviHighlights The DYDX crypto is the governance token of the dYdX Layer 2 Protocol. The dYdX exchange was established in 2017 and the DYDX crypto was launched through an initial coin offering (ICO) in 2021. The DYDX crypto could be gaining invest.....
Why will Warren Buffett never Invest in Bitcoin?
May 09, 2022 05:24 PM AEST| By Kiara KhannaHighlights There have been instances when Berkshire Hathaway chairman Warren Buffett shared hostile comments on the world of cryptocurrencies The valuation of cryptocurrencies has long been a question that all of us have been asking. Buffet se...
Bitcoin leads the market free-fall: Why are cryptos crashing?
May 09, 2022 05:00 PM AEST| By Manu ShankarHighlights On 9 May, Bitcoin was trading at US$33,627.67, as it was down by 2.51% in the past 24 hours. Bitcoin is now 51% down after it achieved its all-time high of US$69044 on 10 November 2021. On 9 May, Bitcoin’s trading volume.....
What is Mononoke Inu token? Know about its gaming and NFT services
May 09, 2022 04:40 PM AEST| By Ankit SethiHighlights BTC was recently adopted as a legal form of money by another country, but the price remains under pressure Lesser known cryptoassets may gain heavily over a short span, but risks may be even higher Mononoke Inu crypto, a relatively .....
What is Philcoin crypto and is this SDG-focused token safe?
May 09, 2022 03:35 PM AEST| By Ankit SethiHighlights Cryptos are reeling from a bearish phase, with only a few lesser known cryptos’ price in green Philcoin crypto is said to be a blockchain project with focus on Sustainable Development Goals Though PHL token has traded in green,...
MDT crypto surges 20% despite weak market sentiment, volume soars over 1000%
May 09, 2022 01:42 PM AEST| By Priyabrata PrustyHighlights: The crypto market corrected over 8% during the weekend tracking selloff in tech stocks However, some altcoins are grabbing investors' attention with their counter market moves At the time of drafting, MDT was trading at US$0.05403,...
Crypto Catch: Bitcoin Fear and Greed Index falls into ‘extreme fear’ territory
May 09, 2022 01:37 PM AEST| By Daniel Paul JohnsHighlights Bitcoin fell from just under US$40,000 on the 5th of May to its current price of US$34,167 – its lowest price since July last year. According to data from whale-monitoring platform WhaleStats, popular NFT token, Apecoin, is...
Risks involved when considering NFTs as alternative investment asset
May 08, 2022 02:02 PM AEST| By Ankit SethiHighlights In the wake of inflation, some may want to pick high-risk alternative investment assets Digital assets like NFTs with blockchain tech underpinning are seemingly rising in popularity Recently, in a re-sale, an NFT linked to J.....
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Is the UK economy heading towards recession? 4 points to note
May 08, 2022 09:01 AM AEST| By Rishika RainaHighlights Lifting the interest rate yet again, the Bank of England has warned that the UK economy might be headed towards a recession. As per the latest BoE estimates, the UK inflation level may even hit 10% by the end of 2022 In 2023, the UK.....
YOUC, WXT, ANC, HEX, WTRX: Why these cryptos grabbed eyeballs this week?
May 07, 2022 07:00 PM AEST| By Team Kalkine MediaHighlights yOUcash (YOUC), Wirex Token (WXT), Anchor Protocol (ANC), HEX (HEX), and TRON (TRX) were the top gainers between 29 April and 6 May. On 6 May, the overall crypto market cap is at US$1.65 trillion, with a volume of US $122.33 billion .....
Wall Street retreats after mixed job data; CI, TU rally
May 07, 2022 07:51 AM AEST| By Rupam RoyBenchmark US indices closed lower for the second consecutive day on Friday, May 6, as growth stocks retreated amid higher Treasury yields, and mixed jobs data fueled more interest rate rise worries. The S&P 500 declined 0.57% to 4,123.34. The Do...
Why is SUKU (SUKU) crypto grabbing attention?
May 07, 2022 05:41 AM AEST| By Team Kalkine MediaHighlights SUKU (SUKU) is a blockchain-based ecosystem for Web3 solutions. Its solutions comprise of InfiniteWorld, SUKU Omni, and SUKU DeFi. SUKU is an ERC-20 compatible token used in the ecosystem. The SUKU (SUKU) crypto was trend.....
Why is Uniswap (UNI) crypto drawing attention?
May 07, 2022 03:38 AM AEST| By Rupam RoyThe global crypto market slumped by 4.89% to US$1.65 trillion on May 6, while its volume for the last 24 hours surged over 35.28%. Meanwhile, various altcoins were also in the red on Friday, contributing to the losses in the overall market. However.....
Why is the crypto market down?
May 07, 2022 02:43 AM AEST| By Rupam RoyThe global crypto market slumped over 8% on Friday as major cryptocurrencies declined, slipping by more than 9% close on the heels of the Fed's rate increase. Investors expect a far more aggressive rate stance by Fed in June when it meets for the n.....
What is WAX (WAXP) blockchain and how is it eco-friendly?
May 07, 2022 01:21 AM AEST| By Versha JainHighlights WAX (WAXP) is an eco-friendly blockchain for video games, NFTs, and collectibles. Its climate-friendly NFT eco-system provides a suite of tools for creators, developers, artists, and leading brands to leverage the power of bloc.....
Pluton crypto's price is up 40% & volume soars 450%: What's next?
May 07, 2022 01:02 AM AEST| By Raza NaqviHighlights The Pluton crypto was launched in 2016 and it operates on the Ethereum blockchain. Pluton crypto is the utility token of Plutus, a project that offers debit cards to customers but rewards them through cryptocurrency. Currently, the .....
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FTSE 100 fell on recession warning, IAG reports weak earnings
May 07, 2022 01:00 AM AEST| By Rishika RainaUK Market News: The UK stock market fell on Friday, with the blue-chip FTSE 100 Index, which comprises global companies including miners and energy giants, dropping by almost a percent, with most of the sectoral indices in the red. The British Airway...
Is Steem (STEEM) crypto feeling the heat of market free fall?
May 07, 2022 12:22 AM AEST| By Manu ShankarHighlights Steem (STEEM) crypto is a community-focused network that offers incentivised blockchain database, which allows users to interact and earn rewards in the process. Launched in January 2016, Steem crypto aims to eradicate the issues rel.....
Increasing number of UK citizens getting glued to cryptos: Coinbase report
May 07, 2022 12:19 AM AEST| By Manu ShankarHighlights Coinbase conducted a study that showcased the number of Brits who have bought crypto has gone up from 4% to 33% since October last year. Approximately 52% of the UK citizens surveyed found a particular liking to Ethereum, while few o.....
The US$100-bn flash crash: Why are cryptos crashing today?
May 06, 2022 07:37 PM AEST| By Manu ShankarHighlights Major cryptocurrencies, such as Bitcoin, Ethereum, Solana, etc., crashed, wiping around US$100 billion from the market. On 6 May, the overall crypto market stood at US$1.67 trillion, falling from US$1.81 trillion on Thursday. .....
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