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Crypto Catch: Terra Luna crash triggers selloff in crypto market, investors spooked
May 13, 2022 01:55 PM AEST| By Daniel Paul JohnsIt’s been a rough week for the crypto market with most tokens losing significant ground over the past seven days. The Terra Luna token fell from a high of US$118 in April to just six US cents, where it currently sits. Terra Luna’s col.....
NCM, EVN, PRU: How did these 3 ASX gold stocks perform YTD?
May 13, 2022 12:28 PM AEST| By Bhawna GuptaHighlights The S&P/ASX 300 Metals & Mining Index closed 2.02% lower in its last session. S&P/ASX All Ordinaries Gold Index was also 1.95% down. Gold stocks like Newcrest Mining, Evolution Mining and Preseus Mining did not perform w.....
ESPO, HACK: These two ETFs have suffered nearly 20% fall in 2022
May 13, 2022 12:02 PM AEST| By AshishHighlights Demand for ETFs has remained high in past few months. However, of late, a few ETFs have seen significant selloffs. But this can be an opportunity for investors to invest in these funds at lower prices. Exchange trad...
ASX 200 opens positive, Link Administration, Blackmores lead gains
May 13, 2022 11:10 AM AEST| By AayushHighlights The benchmark ASX 200 index shot up 0.8% to 6,996.7 in the first 15 minutes of trade. US stocks ended on a mixed note on Thursday. The ASX healthcare sector is the leader so far, surging 0.9% in early trade. The Australian shar.....
Deep Yellow (ASX:DYL) scripting new growth story in the evolving uranium market
May 13, 2022 10:31 AM AEST| By Nitish KumarHighlights: Nuclear Energy is gaining momentum as rising fuel prices and uncertainty in the supply chain of fossil fuels continue to haunt the world. Deep Yellow is advancing its Namibian uranium assets to become a Tier-1 low-cost uranium produ.....
WHC, VEA: Why these ASX shares scaled their multi-year highs yesterday
May 13, 2022 08:28 AM AEST| By AshishHighlights The ASX 200 has remained muted so far this week. On Thursday, the benchmark index fell 1.75% to 6,941 points. While a majority of shares listed on the ASX 200 showed weakness, there were a few notable exceptions....
ASX 200 to open flat; Dow Jones, S&P 500 close lower
May 13, 2022 07:48 AM AEST| By AshishHighlights The Australian share market is likely to open largely flat on Friday. According to the latest SPI futures, the ASX 200 is expected to open 9 points or 0.1% higher. On Wall Street, the Dow Jones was down 0.3%, the S&P 5...
Dow, S&P close lower on mixed economic data; APP, GME, AMC rally
May 12, 2022 02:05 PM PDT| By Rupam RoyDow Jones and S&P 500 fell, but tech-savvy Nasdaq crawled back up to close the session mixed on Thursday, May 12, after a vital economic gauge showed that demand for manufactured goods slowed in April. The S&P 500 was down 0.13% to 3,930.08....
Global cryptocurrency regulatory body on the anvil, says top official
May 13, 2022 05:42 AM AEST| By Versha JainHighlights Online scams and hacking have increased as the cryptocurrency market grew. Officials are considering a global crypto regulatory body by next year to boost security. Last year, IMF issued guidelines for setting up a crypto mark.....
Why is Dogecoin (DOGE) crypto gaining attention amid a dip?
May 13, 2022 04:13 AM AEST| By Rupam RoyHighlights: Based on the popular internet meme "doge", Dogecoin features a Shiba Inu on its logo. The token can be traded on exchanges like Binance, OKX, etc. WordPress websites accept DOGE as payments without third-party interference. Th.....
Why MetaPay (METAPAY) crypto zoomed 240% in one day?
May 13, 2022 02:35 AM AEST| By Versha JainHighlights METAPAY token is used in the Metaxion universe to make purchases. Metaxion is built in the metaverse universe. The token is available for purchase on PancakeSwap (V2) and VinDAX crypto exchanges. The MetaPay (METAPA.....
Why is Tether (USDT) crypto dropping from its dollar-pegged price?
May 13, 2022 01:45 AM AEST| By Rupam RoyHighlights: Tether (USDT) slipped from its dollar-pegged price on Thursday. The global crypto market slumped over 7% on Thursday morning. USDT can be traded on exchanges like Binance, OKEx, etc. Stablecoins were in focus this week as the .....
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3 times billions got wiped off crypto markets in 2022
May 13, 2022 12:30 AM AEST| By Manu ShankarThe bloodbath in the crypto market intensified on Thursday, which saw US$200 billion wiped off the crypto market. The crypto carnage market is well and truly has the market in its firm grips. For the second time in the month, the market saw big-billi...
TerraUSD (UST) coin rises over 40%: What does it mean for investors?
May 12, 2022 11:30 PM AEST| By Raza NaqviThe price of TerraUSD (UST) crypto rose over 40 per cent over the last 24 hours, and it was trading at US$ 0.608 per token at 8 AM EST, according to CoinMarketCap data. The one-day volume of the UST stablecoin climbed 1.4 per cent to US$ 5.5 billio.....
AMC, REH, COH: Why were these ASX 200 stocks in news today?
May 12, 2022 07:50 PM AEST| By RitwikaHighlights The ASX 200 index closed in red today, leading to major stocks closing the day in red. Amcor is an exception as it ended in green despite both ASX 200 and XMJ ending in red today. The S&P/ASX 200 index (ASX:XJO) closed 1.751...
What is DeFi? Can it coexist with the traditional banking system?
May 12, 2022 07:39 PM AEST| By Sonal GoyalHighlights Decentralised Finance (DeFi) is an umbrella term used to describe peer-to-peer financial services offered on public blockchains DeFi platforms ensure transparency and security, but they are also prone to frauds Risk-averse users wil...
Surefire (ASX:SRN) to commence drilling at Yidby Gold Project next week
May 12, 2022 07:31 PM AEST| By Nitish KumarHighlights Surefire to commence RC drilling to drill test anomalies over the Yidby Gold Project. A total of 4,000m of drilling is planned on the project to extend gold mineralisation over the Yidby Road Gold prospect on the project. Surefire i.....
WhaleFin’s deal with Chelsea: A match in the virtual asset world
May 12, 2022 06:42 PM AEST| By Manu ShankarHighlights On 11 May, English Premier League giants Chelsea FC inked a deal with a crypto trading and lending platform WhaleFin. WhaleFin, in a £20million-a-year deal, is said to have agreed to sponsor the London club from next season. A.....
3 cryptos that are gaining amid crash in the cryptoverse
May 12, 2022 06:30 PM AEST| By Ankit SethiHighlights BTC and ETH 24-hour losses contributed to the total market cap of cryptos falling below US$1.2 trillion Amid the crash, a few cryptoassets, although having low market cap, managed to rise in value No matter how high or low the marke.....
Cheers or fears? Crypto ETFs debut in Australia amid crypto mayhem
May 12, 2022 06:09 PM AEST| By AayushHighlights The much-awaited Australian crypto ETFs marked their debut on CXA on Thursday. Bitcoin has lost a massive 21% this week alone to a 52-week low of US$26,600 by 3:50 PM AEST today. Selling in cryptos intensified after Coinbase warned .....
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