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Crypto exchange KuCoin raises US$150 million to expand Web3 presence
May 11, 2022 01:52 AM AEST| By Versha JainHighlights Cryptocurrency exchange KuCoin has raised US$150 million in a Series B funding. The funding drive was led by Jump Crypto, giving KuCoin a valuation of US$10 billion. The cryptocurrency exchange plans to use the funding to expa.....
Why is FTX (FTT) crypto rallying on a day of crash
May 11, 2022 01:25 AM AEST| By Manu ShankarHighlights Governed by its native token FTT, the FTX crypto offers its users an opportunity to stake the tokens and get a chance to earn rewards for staking the token. On Tuesday, the token was witnessing a gain of over 5% and a volume ga.....
Why is Project Galaxy (GAL) crypto’s new campaign drawing attention?
May 11, 2022 12:31 AM AEST| By Versha JainHighlights Project Galaxy (GAL) is a Web3 data network. GAL is the native utility token of Project Galaxy. Galaxy has 8,459 token holders, with a market capitalization of US$258.18 million. While most digital assets were on a downwa.....
What is IOTA crypto and why is it rising amid crashing market?
May 11, 2022 12:29 AM AEST| By Raza NaqviHighlights IOTA is a distributed ledger, and it is not a blockchain but a proprietary technology. As per the official website, IOTA has no miners and no blocks. The announcement on Twitter could be responsible for the price surge in the IOTA c.....
What is TerraUSD crypto? Can it be responsible for Bitcoin's plunge?
May 10, 2022 11:09 PM AEST| By Raza NaqviHighlights As of writing, the TerraUSD (UST) was down by about eight per cent to US$ 0.9226 per token. On Monday, the Luna Foundation Guard (LFG), which supports the LUNA crypto and TerraUSD, said that it would defend the stability of UST. LFG.....
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3 times Bitcoin bounced back after a dip. Is there ray of hope?
May 10, 2022 09:18 PM AEST| By Manu ShankarHighlights Bitcoin on 10 May slipped to US$29,764 before recovering above US$30,000. Bitcoin was trading at US$32481.58 with a volume of US$79,21,49,74,961 at the time of writing on Tuesday. Bitcoin has now lost close to 54% ever since it achi.....
Six lesser-known terms that all crypto investors should know
May 10, 2022 07:53 PM AEST| By Sonal GoyalHighlights Terms used in the crypto market are different from terms used in traditional equity market Knowledge of crypto terminologies is crucial if you want to invest in this space Generally, new terms in crypto market evolve from a meme, fo...
DXS, TPG, SEK: How did these ASX 50 stocks perform today?
May 10, 2022 06:57 PM AEST| By Bhawna GuptaHighlights Today, the S&P/ASX 50 Index closed 1.32% or 92.10 points lower at 6,868.70. Shares of top 50 companies like TPG also closed in red today. The S&P/ASX 50 Index is created using the S&P Dow Jones Indices market capital...
Can Numeraire (NMR) crypto buck its bearish trend?
May 10, 2022 06:52 PM AEST| By Manu ShankarHighlights Built on top of the Ethereum blockchain, the NMR crypto was launched in 2017. Its central theme is to bring decentralisation to the data science field. Its uniqueness is it is the first crypto created and released by a hedge fund. O.....
Surefire Resources (ASX:SRN) delineates high priority targets at Perenjori West
May 10, 2022 06:34 PM AEST| By AkshayHighlights Surefire Resources has outlined 15 priority gold and base metal targets at the Perenjori project. In December 2021, Surefire was granted tenement E70/5572, covering a largely concealed greenstone of the Koolanooka Greenstone Belt. C.....
Considering adding Waves (WAVES) to your crypto portfolio? Read this
May 10, 2022 06:26 PM AEST| By Jasmine AnandHighlights Waves protocol facilitates decentralised applications and smart contracts It utilises a modified proof-of-stake algorithm, and its code is an open source It has begun its migration to Waves 2.0 to enhance speed and aid interoperabil.....
FFX, RMS, NST: A look at 3 ASX gold stocks in a fear hit share market
May 10, 2022 06:11 PM AEST| By Sukriti NairHighlights The ASX200 lost another 69.50 points, weighed down by global interest rate fears and a slump in iron and oil prices. Metal stocks suffered, with even gold miners bearing the brunt today (10 May 2022). While the Metals & Mining I.....
In third day of losses, ASX 200 closes 1% lower
May 10, 2022 05:47 PM AEST| By SukritiHighlights ASX 200 trimmed some of its early losses but still finished the day down 1% to 7.051.2. Australian retail sales rose an inflation-adjusted 1.2% from the previous quarter, as per Australian Bureau of Statistics (ABS). Investor concer.....
Plutus crypto debit card's token crashes. What's next for PLU?
May 10, 2022 05:37 PM AEST| By Raza NaqviHighlights Amid the crashing market, the fall of Pluton (PLU) crypto caught our attention as it had recently gained traction and was among the top gainers. Every user of a Plutus crypto debit card is entitled to earn three per cent back in cryp.....
Will rising power bills impact Morrison Govt's re-election bid?
May 10, 2022 05:36 PM AEST| By Akanksha VashishtHighlights The present government has seen a bevy of challenges ahead of the election campaign. Concerns loom that rising power bills could potentially affect consumers’ voting decisions. Despite what the political leaders claim, many ex.....
Why Australian bond yields are scaling new heights
May 10, 2022 05:13 PM AEST| By AayushHighlights Yields on the Australian benchmark 10-year bond have risen above 3.5%, as of 10 May 2022. The US Fed has hiked the interest rates by 50 basis points, which spooked the markets across the globe. Based on a few surveys, the cash rate .....
Current Crypto Trading Strategies | May 2022
May 10, 2022 05:13 PM AEST| By Tommy Murphy (Guest)Cryptocurrency trading has been in the market for a long time now, and while it has paved the way for some people to earn or increase their profits, crypto trading is easier said than done. The process does not revolve around buying cryptos and selli...
Osteopore (ASX: OSX) deepens its footprint in Australia with MAXONIQ deal
May 10, 2022 05:09 PM AEST| By Aditi SarkarHighlights Osteopore strikes a deal with MAXONIQ to promote and market its products in Australia and New Zealand. Osteomesh® is TGA certified, which will allow MAXONIQ to start engaging with doctors and hospitals immediately The agreement .....
Commodity wrap-up for the week that was
May 10, 2022 05:02 PM AEST| By Arpit VermaHighlights Prices of both crude oil benchmarks have gained in the last week by more than 5.55%. The bullion has jumped 0.24% while silver has dropped significantly in the last week. Prices of base metals, including copper, aluminium and iron o.....
![7 Altcoins To Look Out For [Considered Best in The Market]](https://kalkinemedia.com/storage/uploads/thumbnail/1652166760_627a1068e4cfb_shutterstock_1967561386.jpg)
7 Altcoins To Look Out For [Considered Best in The Market]
May 10, 2022 04:55 PM AEST| By Tommy Murphy (Guest)The first cryptocurrency, Bitcoin, was introduced to the public last 2009 by a mystery person named Satoshi Nakamoto. Ever since its introduction, other cryptos have emerged and are enjoyed by millions of crypto traders and investors nowadays; these...
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