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Why are Cronos (CRO) and Crypto.com in focus?
May 14, 2022 03:49 AM AEST| By Rupam RoyHighlights: The CRO token is the native crypto of the Cronos Chain. The CRO token is available for trading on exchanges like Bittrex, OKEx, etc. It saw the highest price of US$0.427 in the last 30 days. The Cronos (CRO) crypto gained trac.....
Why is THORChain (RUNE) crypto rising?
May 14, 2022 03:12 AM AEST| By Rupam RoyHighlights: THORChain, a decentralized liquidity protocol, allows users to exchange crypto assets across networks. The token is available for trading on exchanges like Binance, SushiSwap, etc. It saw the highest price of US$9.87 in the last 30.....
Why is Step App (FITFI) crypto up 200%?
May 14, 2022 02:46 AM AEST| By Versha JainHighlights Step App is a protocol that helps create a gamified metaverse for the fitness economy. Step App offers services such as staking, liquidity incentives, locks, and buybacks. FITFI is a governance token of Step App, while K.....
Political unrest in Sri Lanka amid rising economic turmoil
May 14, 2022 12:00 AM AEST| By Toshiva JainHighlights Several economists have said that the main problem behind Sri Lanka’s current situation is economic mismanagement. Hundreds have been injured in protests; few have even died including a ruling party MP. After Mahinda Rajapaksa...
World’s leading stablecoin Tether de-pegs and gets back on course
May 13, 2022 10:03 PM AEST| By Manu ShankarHighlights After the collapse of the algorithmic stablecoin TerraUSD, the world’s leading stablecoin Tether, briefly lost its peg on 12 May. Friday (13 May) brought some joy and relief to the stablecoin traders as Tether managed to climb .....
How will soaring energy prices affect mining industry?
May 13, 2022 09:25 PM AEST| By Arpit VermaHighlights Russia’s invasion came at a time when prices of various metals were already rising due to supply tightness. Europe’s mining sector is probably the hardest hit in the world due to the current energy supply disruptions. Ca...
Latest COVID-19 updates from Australia
May 13, 2022 07:34 PM AEST| By Aditi SarkarHighlights In Australia, the total number of COVID-19 cases stands at 6,442,558 Western Australia (WA) is witnessing a spike in COVID-19 cases, with nearly 15,000 locally acquired cases in the last 24 hours More than 20 million people have rec.....
What is in store for Australian housing market in 2022?
May 13, 2022 07:00 PM AEST| By Akanksha VashishtHighlights Australians might be looking at a gradual cooldown of the real estate market, owing to an interest rate hike and a demand slowdown. The threat of rising interest repayments is enough to keep many buyers off the property market. The...
British rapper KSI loses more than US$2.8 billion in Terra’s (Luna) crash
May 13, 2022 06:51 PM AEST| By Manu ShankarHighlights British YouTuber and rapper JJ Olatunji, also known as KSI, lost more than US$2.8 million in the current crash. On 13 May, Terra lost 100% of its value and was trading at US$0.00001959 with a trading volume of US$408,542,399 over a d.....
WES, GMG, WOW, TCL: How these ASX blue-chip stocks performed today?
May 13, 2022 06:28 PM AEST| By Sukriti NairHighlights Australian stocks end the loss rally to close 1.9% higher today (13 May). Top 50 Large-cap equities also end the week's trade about 2% higher. Blue-chip stocks worth noticing before the weekend are Wesfarmers, Goodman Group, Woolwor...
GMT crypto soars 70%: Does this move-to-earn token has any future?
May 13, 2022 05:32 PM AEST| By Raza NaqviHighlights Amid the rising crypto market, the STEPN (GMT) crypto was among the top gainers as its price was up by 70 per cent. The Green Metaverse Token (GMT) is the governance token of STEPN, a crypto-based lifestyle application. The GMT cryp.....
ASX 200 storms 1.9% higher in third-biggest daily gain of 2022
May 13, 2022 05:27 PM AEST| By SukritiHighlights ASX 200 stormed 1.9% higher to 7,075.1 in the third-biggest daily gain this year. Every sector closed in positive territory; tech sector led the rebound with a 7% rise. Fears of a global recession induced by aggressive central bank .....
NWS, URW, ORG, NST: How are these ASX 50 stocks faring today?
May 13, 2022 04:29 PM AEST| By Bhawna GuptaHighlights All companies listed on the Australian Securities Exchange (ASX) are rated using market capitalisation. The S&P/ASX 50 Index was 1.67% or 113.70 points up at 6,904.30 at 1.38 PM GMT. The S&P/ASX 50 Index is a market capi.....
Terra Luna’s shock crash shines spotlight on cracks within crypto industry
May 13, 2022 04:16 PM AEST| By Daniel Paul JohnsHighlights Terra Luna token has nosedived from a high of US$118 in April to just six US cents, where it currently sits It’s been a horrendous week for the crypto market with the vast majority of digital currencies suffering heavy losses...
Will LUNA recover? Factors that could shape its recovery
May 13, 2022 04:03 PM AEST| By Ankit SethiHighlights LUNA crypto crash has come alongside a broader bearish phase, with many cryptos having lost value LUNA’s utility, which includes its association with UST stablecoin, could shape its recovery Reports suggest Luna Foundation Gua.....
What is Tesla Token and is it safe?
May 13, 2022 03:35 PM AEST| By Ankit SethiHighlights Bitcoin has regained at least some ground, but the wider cryptoverse is still under severe stress FTX offers tokenized stocks, and Tesla Token is said to be backed by Tesla stock trading on traditional stock exchange UST stablecoin .....
BPH’s investee Cortical Dynamics awarded AU$137,000 by MTPConnect
May 13, 2022 03:21 PM AEST| By AkshayHighlights Cortical Dynamics Limited has been awarded AU$137,000 funding for its medical device, Brain Anaesthesia Response Monitor (BARMTM). The fund would be used to further develop its Brain Anaesthesia Response Monitor (BARMTM) and implemen.....
Amplia Therapeutics’ (ASX:ATX) gets HREC nod for pancreatic cancer trial
May 13, 2022 03:05 PM AEST| By Aditi SarkarHighlights Amplia Therapeutics has received second HREC clearance for Phase 2 clinical trial of AMP945 The approval will allow the company to accelerate recruitment into the trial and focus on its execution phase The trial is designed to evalu...
Activated carbon: Carbonxt’s (ASX:CG1) perfect solution to corrosion problems
May 13, 2022 02:41 PM AEST| By ManishaHighlights Corrosion causes huge damage to plant equipment across industries. Carbonxt offers a cost-effective solution to prevent and control the damage caused due to corrosion. The cleantech company has developed the first proven non-halogen...
Carbonxt (ASX:CG1) clocks strong pellet and PAC sales in March quarter
May 13, 2022 02:41 PM AEST| By ManishaHighlights Carbonxt scored high in the March 2022 quarter with significant growth across divisions. The Company made progress in operating at full capacity at both facilities. The quarter saw strong demand for both pellets and PAC. Carbonxt&r.....
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