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Stronger (STRNGR) crypto: Will the rally last for this token?
May 12, 2022 12:18 AM AEST| By Manu ShankarHighlights The STRNGR crypto is the first and only blockchain-agnostic network that aims to reward the nodes for supporting their infrastructure. Built on top of the Ethereum blockchain, the STRGNR allows the users to either use the existing no.....
Does Talos' crypto investment signal growth of institutional investors?
May 12, 2022 12:13 AM AEST| By Manu ShankarHighlights Digital asset trading technology firm Talos has managed to secure a US$1.25 billion valuation after closing a US$105 million Series B funding round. The Series B funding round was led by the likes of Wells Fargo, Citi, and BNY Mellon.....
What is ALI crypto and why is it rising?
May 11, 2022 10:11 PM AEST| By Raza NaqviHighlights The ALI crypto was trading at US$ 0.00002448 per token and probably caught the investors' attention. The ALI crypto could be the native token of the AiLink network. AiLink network was reportedly founded in Shanghai, China. As per Co.....
Terra (Luna) crypto down by over 70%: Will it dip more?
May 11, 2022 06:22 PM AEST| By Manu ShankarHighlights Terra on Wednesday has now lost over 70% at the time of writing, and its drop is essentially the result of market bearishness which seems to have put too much pressure on both LUNA and TerraUSD (UST). LUNA lost almost 92.5% of it.....
ASX 200 closes up 0.2% in volatile session
May 11, 2022 06:00 PM AEST| By SukritiHighlights In a volatile trading session, ASX 200 recovered from its morning dip to close higher for the first time this week, up 0.2% to 7064.7. Big miners rebounded strongly, health care and property sectors closed strongly higher. Investors...
PDN, ERA, BOE: How did these uranium stocks fare today on ASX?
May 11, 2022 05:31 PM AEST| By Bhawna GuptaHighlights S&P/ASX 200 Energy ended 0.125 or 12.20 points lower today at 9,945.10 points. Paladin Energy also remained in red today (May 11). The Australian share market performed well today (May 11) as the benchmark index ASX 200 clos...
Role of renewables in powering Australia: How green is Aussie energy mix?
May 11, 2022 05:27 PM AEST| By Nitish KumarHighlights Renewables accounted for 24% of the total electricity generation in 2020 in Australia. Coal continues to be the primary source of electricity generation in the country. Australia has more than 100 renewable energy projects u...
Citadel crypto price jumps over 100%: Should you be wary?
May 11, 2022 05:12 PM AEST| By Raza NaqviHighlights At 2 AM EST, the price of Citadel crypto was up 109 per cent, and it was trading at US$ 0.005395 per token. The CTL crypto is the native token of Citadel, which is a platform for accessible and scalable blockchain solutions. Citadel.....
What are stablecoins? Top 3 assets by market cap in this category
May 11, 2022 04:11 PM AEST| By Ankit SethiHighlights Stablecoins are said to be facilitators in cryptocurrency trading as their values are “stable” Tether has the highest trading volume among all cryptos, thanks to its wide use in trading other digital assets The recent ep.....
Will petrol prices hit AU$2 a litre again? Why are Aussie petrol prices soaring?
May 11, 2022 04:07 PM AEST| By Akanksha VashishtHighlights A fuel price hike seems to have virtually nullified the excise cut offered by the government, pushing motorists into peril. Many states have observed a larger spike in fuel prices than others due to the varying underlying costs of pr...
Crypto Catch: Bitcoin holds above US$30K; Tron’s TRX token bucks the trend
May 11, 2022 03:40 PM AEST| By Daniel Paul JohnsHighlights As the rest of the market has been left reeling from Bitcoin’s sudden crash in this past week, one altcoin has managed to buck the trend. TRX, the native token of the Tron network The token was valued at 7.2 US cents on May 5,...
What is Cult DAO crypto? Is CULT token safe?
May 11, 2022 03:34 PM AEST| By Ankit SethiHighlights CULT token is the native digital asset of Cult DAO, a very new cryptocurrency project Cult DAO talks about the negatives of centralized systems, and a shift toward decentralization CULT is new and has yet to establish clear utility,.....
Integral Diagnostics (ASX: IDX) snaps up Exact Radiology; how will it benefit IDX?
May 11, 2022 02:28 PM AEST| By Aditi SarkarHighlights: IDX will finalise the acquisition of Exact Radiology in early FY23 The acquisition includes an open purchase consideration of AU$37.5M in cash IDX gets growth prospects in South-East Queensland Medical imaging services provide.....
Should investors ‘Sell in May and go away’?
May 11, 2022 02:02 PM AEST| By AshishHighlights For some reason, global stock markets turn a mini bear market each May. According to the ‘Sell in May and go away’ saying, investors can improve their annual returns by selling stocks in May. Meanwhile, the ASX...
Musgrave Minerals (ASX:MGV) highlights Cue Project’s gold exploration potential
May 11, 2022 12:19 PM AEST| By Mohammad ZaidHighlights: Musgrave Minerals has Total Mineral Resources of 6.4mt @ 3.2g/t Au for 659koz Au, and growing. MGV’s Cue Project is a high-grade gold project with high-value near-surface resources, including 797kt @ 10.2g/t Au for 262koz Au. .....
What is wage inflation and how is it different from consumer price inflation?
May 11, 2022 11:20 AM AEST| By ManikaHighlights: Wage inflation is an increase in wages and salaries due to shortages of labour New Zealand’s annual wage inflation has hit 3.0% This was 2.6% in December 2021 It is interesting that economists are worried about wage infl.....
ASX 200 to fall after Wall Street closes mixed; oil slips again
May 11, 2022 07:53 AM AEST| By AshishHighlights The Australian share market is expected to open lower on Wednesday. According to the latest SPI futures, the ASX 200 is likely to open 7 points or 0.1% lower. On Wall Street, the Dow Jones fell 0.26%, the S&P 500 rose...
US stocks close mixed ahead of inflation data; PLTN, UPST decline
May 10, 2022 02:04 PM PDT| By Rupam RoyWall Street's main indices end mixed on Tuesday, May 10, as Treasury yields and oil prices declined ahead of the Labor Department's latest consumer price index data (CPI). The 10-year Treasury notes hit a three-and-a-half-year high on Monday, forcin...
Why is Boba Network (BOBA) crypto drawing attention?
May 11, 2022 02:53 AM AEST| By Rupam RoyHighlights: Boba is a Layer 2 Ethereum scaling and augmenting solution. The token is available on crypto exchanges like MEXC, Bybit, etc. The token saw the highest price of US$1.59 in the last 30 days. The Boba Network (BOBA) crypto gaine.....
What is EOS crypto? All you need to know
May 11, 2022 02:27 AM AEST| By Rupam RoyThe EOS (EOS) crypto, along with other altcoins, were trading in the red zone on Tuesday, and so was the broader crypto market, which shed 2.60% to US$1.46 trillion. Bitcoin (BTC) tumbled 3.59%. Also Read: Why is Waves (WAVES) crypto rallying? Wh.....
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