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What is Kusama (KSM) crypto? All you need to know
June 15, 2022 03:25 AM AEST| By Rupam RoyHighlights: Kusama is a blockchain project offering developers interoperable and scalable services. The KSM token trades on exchanges like Binance, OKEx, etc. The token’s highest price in the last 30 days was US$88.91. The Kusama (K.....
Why is Gala (GALA) crypto gaining attention?
June 15, 2022 02:28 AM AEST| By Rupam RoyHighlights: Gala Games aims to provide players with the controls to in-game assets and other functions. The GALA token can be traded on exchanges like Sushiswap, Gate.io, etc. It returned over 517% gains in the past 12 months. Despite a s.....
Can Bitcoin rise like a phoenix after Black Monday?
June 15, 2022 12:10 AM AEST| By Manu ShankarBitcoin has had a torrid run of late. The Black Monday, as now many experts are calling it, has seen Bitcoin’s value suddenly tumble down to US$22,141.26 with a trading volume of US$68,204,556,440 on 13 June. On Tuesday, the leading crypto slid...
Chain (XCN) crypto plummets 50%; can it rise again?
June 14, 2022 11:33 PM AEST| By Versha JainHighlights: Chain (XCN) is a cloud blockchain infrastructure. Its infrastructure enables organizations to create better financial services. It offers an open-source blockchain and a ledger-as-a-service product. While the global cryp.....
What is Raiden Network Token and why RDN crypto rose 200%?
June 14, 2022 11:22 PM AEST| By Raza NaqviHighlights The global crypto market cap was US$ 927.4 billion at the time of writing. The RDN crypto was up by 203 per cent to US$ 0.09622 per token. The Raiden Network is compatible with ERC-20 tokens. As the crypto market continues to t.....
As S&P 500 confirms bear market, most of its components look worse
June 14, 2022 08:00 PM AEST| By ReutersWall Street's main indexes opened higher on Tuesday, a day after the S&P 500 confirmed it was in a bear market, as investors took relief from a smaller-than-expected rise in core producer prices. The Dow Jones Industrial Average (.DJI) rose 75.....
Commodity wrap-up: Gold shines on economic growth worries
June 14, 2022 06:47 PM AEST| By Arpit VermaHighlights Prices of both crude oil benchmarks have remained nearly stable in the last week. Gold logged substantial weekly gains of 1.22% on inflationary bets and economic growth worries. Prices of copper, aluminium, and iron ore have tumbled.....
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Reabold (LON:RBD) sharpens focus on its strategy, stock trades firm in 2022
June 14, 2022 06:47 PM AEST| By Nitish KumarCrude oil prices are on firm footing this year. Brent crude is trading well above US$110/bbl, and some market experts are of the view that it could rise further as the world is going through a massive overhaul in the energy supply chain. The Russia.....
Investors could lose all their money, warns Bank of England Governor
June 14, 2022 06:46 PM AEST| By Manu ShankarHighlights BoE Governor Andrew Bailey has warned that investors could lose all their money by investing in unbacked assets. Bailey warned investors that illicit players can take advantage of such situations. On Tuesday, the crypto market slump.....
Is the end of crypto market here or can it rise again in 2022?
June 14, 2022 05:47 PM AEST| By Raza NaqviThe first half of 2022 has been awful for crypto, but few days have been as bad for the business that has grown up around digital currencies. Trading platforms froze withdrawals on Monday, companies laid-off workers, and skeptical investors sold t.....
UK economy contracts by 0.3% in April: What lies ahead?
June 14, 2022 03:50 PM AEST| By Abhishek SharmaHighlights The UK economy shrank by 0.3% in April, the latest data from the ONS revealed on Monday. This is the first time that all main sectors - services, production, and construction – have seen negative growth since January 2021. .....
Power crisis: Why is Australia facing risk of blackouts?
June 14, 2022 03:28 PM AEST| By Akanksha VashishtAmidst an escalating energy crisis, Aussies are facing yet another challenge in the form of power outages. At a time when the nation’s power crisis is showing no signs of abating, the Australian Energy Market Operator (AEMO) has issued lack o.....
NikeCraft and PsychoKitties: Why these two NFTs are trending
June 14, 2022 03:08 PM AEST| By Ankit SethiHighlights NFTs can have a different price trajectory as compared to native tokens like ETH and SHIB. PsychoKitties has recently made an entry, while NikeCraft is a part of Tom Sachs’ collection NikeCraft NFT holders recently got a chanc.....
What future does Celsius Network hold after its suspension?
June 14, 2022 11:23 AM AEST| By Ankit SethiThe cryptoverse’s troubles seem far from over. Over the past one week, the largest asset Bitcoin (BTC) has lost nearly 30% while Ethereum’s losses are even sharper. Ethereum’s ETH ranks second to BTC, and as of writing, their year.....
Monkeypox & travel- Does another setback await tourism industry?
June 14, 2022 10:30 AM AEST| By Toshiva JainHighlights To date, over 100 cases of monkeypox have been reported across Europe, North America, South America, North Africa, the Middle East, and Australia. The US Centers for Disease Control and Prevention has released an "Alert -- Level 2" a.....
S&P in bear market as stocks resume losses; COIN, RIOT fall sharply
June 14, 2022 06:56 AM AEST| By Rupam RoyUS stocks resumed their selloff on Monday, June 13, after a sharp fall in the previous session on inflation woes as investors braced for the Fed's third installment of interest rate hikes this week. The S&P 500 fell 3.88% to 3,749.63. The Dow Jo...
Why did Cube Network (CUBE) go against the crypto trend? Zooms 48%
June 14, 2022 04:14 AM AEST| By Versha JainHighlights: Cube Network (CUBE) is a scalable layer one public chain with modular architecture. Its market cap is US$462.96 million, with a circulating supply of 39 million. Cube Network said that its cross-chain channel would be a.....
Tesla (TSLA) shares drop after announcing 3-for-1 stock split
June 14, 2022 04:11 AM AEST| By Mridul GogoiTesla Inc (Nasdaq: TSLA) stock tumbled around 3% in premarket on Monday after announcing a 3-for-1 stock split to boost its share numbers by three times to six billion. The EV maker is toeing the same line as other major tech companies.....
Why is Xtra Fund (XTRA) crypto rallying over 110%?
June 14, 2022 03:04 AM AEST| By Rupam RoyHighlights: Xtra Fund (XTRA) claims to be the first crypto project with an investment protection feature. It returned gains of over 103% in the last seven days. It saw the highest price of US$0.007627 in the last 30 days. The Xtra Fund (X.....
Why is Aventus (AVT) crypto gaining attention?
June 14, 2022 02:06 AM AEST| By Versha JainHighlights: The global crypto market fell over 11% in the last 24 hours to Monday morning. Aventus is a layer two blockchain protocol. AVT token gains attention ahead of its Ask Me Anything (AMA) session on June 15. The cryp.....
