News

ASX 200 opens in green; Magellan Financial, Zip Co lead gains

May 04, 2022 11:13 AM AEST| By Aayush

Highlights The benchmark ASX 200 index jumped 0.68% to 7,366.2 in the first 10 minutes of trading. Global stock markets closed higher on Tuesday, while 10-year US Treasury yields retraced a bit from their ~3% highs. Magellan Financial Group an.....

US stocks close higher as Fed meets on rate hike; PFE, BP, WDC rally

May 03, 2022 02:08 PM PDT| By Rupam Roy

Wall Street indices closed higher on Tuesday, May 3, as the Federal Reserve began its two-day policy meeting in which officials are expected to deliberate on the next interest rate hikes. The S&P 500 was up 0.48% to 4,175.48. The Dow Jones rose...

Is Petoverse (PETO) crypto the new big name in the metaverse industry?

May 04, 2022 03:45 AM AEST| By Rupam Roy

Highlights: Petoverse (PETO) is a multiplayer virtual reality role-playing game (MMORPG) in the metaverse. The trailer of the P2E game is released now. The PETO token returned over 58% gains since May 1. Crypto products based on Web3, met.....

RBA raises interest rate by 0.25%, biggest since 2010

May 04, 2022 03:32 AM AEST| By Akanksha Vashisht

Highlights: The Reserve Bank of Australia (RBA) has finally announced its biggest and first cash rate hike since 2010. The official cash rate has been increased by 25 basis points to 0.35 per cent. The RBA is one of the few central banks that .....

Why is L-1 blockchain Fantom (FTM) crypto rising?

May 04, 2022 03:02 AM AEST| By Versha Jain

Highlights Fantom (FTM) is a layer-1 blockchain and an open-source, decentralized smart contract platform. The blockchain boasts of settling transactions in 1-2 seconds at a fraction of the cost. It aims to overcome the limitation of previous .....

Is Flux (FLUX) crypto rising on Terra (LUNA) news?

May 04, 2022 02:02 AM AEST| By Rupam Roy

Highlights: Flux is a decentralized Web3 infrastructure-focused project. The FLUX token can be traded on Binance, Bitget, etc. The token returned over 20% gains in the last seven days. The Flux (FLUX) crypto soared over 14%, while its vol.....

Why are Web3 freelancers flocking to Braintrust (BTRST) crypto?

May 04, 2022 01:32 AM AEST| By Versha Jain

Highlights Braintrust is a decentralized talent network that claims to offer various benefits to freelancers. The Braintrust freelancing community controls the platform where they also find work. Global firms like Nestle, Goldman Sachs, .....

Will Algorand's FIFA deal open a new chapter for blockchain networks?

May 04, 2022 12:04 AM AEST| By Manu Shankar

Highlights Algorand (ALGO) crypto is an autonomous, decentralised blockchain network that offers an array of applications. On 2 May, ALGO crypto became the first blockchain network to become the sponsor for the upcoming football World Cup.....

Pluton crypto (PLU): How long will its rally last?

May 03, 2022 10:23 PM AEST| By Manu Shankar

Highlights Launched in 2016, Pluton (PLU) crypto is a digital Ethereum asset token that allows users to use the Plutus Tap & Pay app as a reward. As a payment app, which allows payment through Bitcoin or Ethereum, Pluton crypto can link it.....

Is Square Enix entering NFT gaming with Tomb Raider's sale?

May 03, 2022 07:38 PM AEST| By Ankit Sethi

Highlights Square Enix has sold some of its assets including Tomb Raider game to Embracer Group Warren Buffett has once-again spoke negatively about BTC, which has made headlines Square Enix looks to pursue blockchain, which could mean a plung.....

Utrust (UTK) crypto gains nearly 5%; know more about this crypto

May 03, 2022 07:24 PM AEST| By Jasmine Anand

Highlights Utrust’s network focuses on combining the best of blockchain and traditional finance for the benefit of users It has significantly lower fees than traditional payment rails The platform also offers instant conversion from cryp.....

CPU, WTC, XRO, ALU: How these ASX-listed tech stocks performed today?

May 03, 2022 07:08 PM AEST| By Priyanka Payal

Highlights Today, the benchmark index ASX200 was 0.296% lower at 7325.200 points at 3:16 PM AEST. At one point, the Information Technology was the best top performing sector today. The S&P/ASX 200 Information Technology Index (ASX:XIJ) was.....

Crude oil slips on dampen demand in China

May 03, 2022 07:04 PM AEST| By Arpit Verma

Highlights Crude oil prices dipped on Tuesday. The prices of both crude oil benchmarks rose more than 3% in the last week. Beijing reported dozens of new coronavirus cases daily in an outbreak that has entered its second week. Crude oil p.....

BTC Markets partners with Australian Fashion Week 2022, to launch couture NFT

May 03, 2022 06:08 PM AEST| By Priyanka Payal

Highlights: BTC Markets has partnered with Afterpay Australian fashion week (AAWF) to launch couture non-fungible tokens (NFTs). The Afterpay Australia Fashion Week is scheduled to be held between May 9-13. A recent report by BTC Markets sugge...

What makes Flipside crypto unique?

May 03, 2022 06:04 PM AEST| By Manu Shankar

Founded by Dave Balter and Jim Myers, Flipside Crypto is primarily a digital currencies analytics firm that offers solutions for blockchain organisations to help them grow their businesses by providing insights, tracking customer behaviours, etc.&nbs...