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What is RocketFuel crypto and when is this payment token launching?
May 05, 2022 05:50 PM AEST| By Raza NaqviHighlights RocketFuel Blockchain, Inc. is a crypto payment solutions provider and last year it announced that it would launch the RocketFuel crypto. RocketFuel crypto will allow the blockchain platform's customers to unlock, redeem, and purchas.....
What is Initial DEX offering (IDO)? Here are top IDO launchpads of 2022
May 05, 2022 05:44 PM AEST| By Priyabrata PrustyHighlights IDO is an alternative fund-raising approach created by the crypto industry after initial coin offering (ICO) generated a lot of ill will in 2017. IDO is a token offering on a Decentralised Exchange. One of the positive aspects of an...
Step App crypto surges 30%: What to expect from FITFI token?
May 05, 2022 05:37 PM AEST| By Ankit SethiHighlights Cryptos seem to have entered a limited bullish phase, with metaverse tokens rising sharply Step App’s ecosystem claims to combine fitness with metaverse and gaming, with FITFI as its governance token FITFI token had registered.....
Big boost from energy and tech stocks pushes ASX 200 0.8% higher
May 05, 2022 05:31 PM AEST| By SukritiHighlights ASX 200 edged 0.8% higher today, snapping a three-day losing streak and mirroring gains in US markets. In the US, Federal Reserve increased rates by 50 basis points, dashing worries that it might raise rates by 75 basis points. Asia.....
What is Pacman Frog crypto? What are its incubation & NFT services?
May 05, 2022 04:07 PM AEST| By Ankit SethiHighlights Even in the face of rate hike, BTC and gaming tokens were in the green at the time of writing Pacman Frog claims to be an NFT marketplace and blockchain gaming incubator, with PAC as native token Pacman Frog crypto is not listed on .....
Oil rises 5% on EU's Russian oil ban proposal
May 05, 2022 02:44 PM AEST| By Arpit VermaHighlights: Crude oil prices rose nearly 5% on Wednesday. The fear of future supplies has weighted the concerns related to lower demand in China amid prolonged lockdowns. Both crude oil benchmarks have risen steadily in the last two months aft.....
Busy day for economic activity: International trade, building approvals data out
May 05, 2022 02:36 PM AEST| By Akanksha VashishtHighlights Policymakers and households are keeping a keen eye on economic data, especially in a high-interest rate environment. ABS released the data for dwellings approvals, international trade balance and retail sales soon after the RBA annou.....
Crypto Catch: Coinbase CEO makes big crypto prediction; Bitcoin jumps 5%
May 05, 2022 02:05 PM AEST| By Daniel Paul Johns650 CEO of Coinbase, Brian Armstrong has made some big predictions regarding Bitcoin, predicting that 1 billion people will have used crypto by 2032. Armstrong, speaking at the Milken Institute Global Conference this week, said that in ten to...
How much extra mortgage owners will be paying after rate hike?
May 05, 2022 01:19 PM AEST| By Akanksha Vashishtr spending. With inflation data creating much havoc in the market, an interest rate hike had become imminent to cool off the economy. The latest inflation numbers compelled the Australian central bank to raise the cash rate by 25 basis points. A...
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Here’s how Jindalee Resources (ASX:JRL) performed in March 2022 quarter
May 05, 2022 11:41 AM AEST| By DaminiHighlights Jindalee Resources Limited (ASX:JRL) achieved a range of milestones in the March quarter. The Company primarily progressed with the development of its McDermitt Project during the quarter. The mineral exploration company remains wel.....
Explained: How Russian economy is holding on despite heavy sanctions
May 05, 2022 11:21 AM AEST| By Toshiva JainHighlights: Despite geo-political turmoil and heavy sanctions, Russia picked up its exports in April. Most of Western European and other countries like India and Turkey are importing oil from Russia. Several economists suggest that Russian eco.....
Aspire Mining (ASX:AKM) ends March quarter with major strides at Ovoot project
May 05, 2022 11:13 AM AEST| By Nitish KumarHighlights: Aspire Mining submitted the DEIA report for the Ovoot Coking Coal Project to the ministry for approval during the March quarter. Work on the Front End Engineering Design (FEED) study for the Coal Handling and Preparation Plant infra.....
RBA flags more hikes to come: Is Australian economy resilient enough?
May 05, 2022 11:03 AM AEST| By Akanksha VashishtHighlights: The recent interest rate hike by the Reserve Bank is likely to be succeeded by multiple hikes this year. The RBA cited that the Australian economy is resilient enough to adjust to a rate hike by the apex bank. A deeper inspection s.....
Beneficiation study confirms economic viability for Surefire Resources’ (ASX:SRN) Victory Bore Vanadium Project
May 05, 2022 10:29 AM AEST| By AkshayHighlights: Surefire shared the updated beneficiation Scoping Study for its Victory Bore Vanadium Project in WA. Currently, Surefire focuses on the larger, higher-grade Victory Bore deposit. The project holds mineral resources containing 2.263.....
Strong sales growth drives Holista’s (ASX:HCT) record customer receipts in 1Q
May 05, 2022 10:13 AM AEST| By ManishaHighlights: Holista Colltech delivered strong performance across divisions in 1QFY22. Sales receipts during the quarter surged 34% year-on-year to an all-time high. An independent test confirmed that Holista’s new disinfectant kills 99.9.....
ASX 200 to rise as US stocks jump on Powell’s remark; NAB earnings today
May 05, 2022 07:54 AM AEST| By AshishHighlights The Australian share market is expected to rebound on Thursday. According to the latest SPI futures, the ASX 200 is likely to open 38 points or 0.5% higher. On Wall Street, the Dow Jones rose 2.8%, the S&P 500 climbed...
US stocks rise after Fed's half-point rate hike; MRNA, SBUX, LTHM rally
May 04, 2022 01:50 PM PDT| By Rupam RoyWall Street indices climbed higher on Wednesday, May 4, following the Federal Reserve's announcement of its widely anticipated half-point interest rate hike, marking the highest rate increase since 2000. The S&P 500 was up 2.99% to 4,300.17. The...
Why is EU split on Russian oil ban?
May 05, 2022 05:00 AM AEST| By Arpit VermaIn an effort to cut down on Russian funding sources, the European Commission (EC) is expected to propose a sixth sanction this week against Russia in response to its invasion of Ukraine. The sanctions may also include an embargo on Russian oil. Uk.....
What is Flow (FLOW) crypto and why is it rising?
May 05, 2022 04:01 AM AEST| By Versha JainHighlights Flow is a decentralized, developer-friendly, layer-1 blockchain. The ecosystem has a native currency, FLOW, used as a payment method and a reserve asset for the Flow economy. There are a total 1.37 billion of FLOWs in supply.?.....
What is Cardano (ADA) crypto and why is it gaining attention?
May 05, 2022 03:25 AM AEST| By Rupam RoyHighlights: Cardano is a proof-of-stake (PoS) blockchain platform. The ADA token is the native token of the Cardano ecosystem. The ADA coin is available for trading on several major exchanges like Binance, OKX, etc. The Cardano (ADA.....
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