News
Wall Street closes higher on positive economic outlook; TSLA, PDD soar
March 22, 2022 01:23 PM PDT| By Rupam RoyWall Street’s main indexes closed higher on Tuesday, March 22, as technology, financials, and consumer discretionary segments saw a strong rebound amid upbeat quarterly results. The S&P 500 rose 1.13% to 4511.61. The Dow Jones gained 0.74%...
What is Qtum (QTUM) crypto and why is it rising?
March 23, 2022 05:40 AM AEDT| By Rupam RoyThe Qtum (QTUM) crypto is drawing investors’ attention on Tuesday. The QTUM token price surged over 10%, while its trading volume jumped more than 13% in the past 24 hours. What is Qtum (QTUM) crypto? Qtum is a proof-of-stake (PoS) smart co.....
Why is Ribbon Finance (RBN) crypto drawing attention?
March 23, 2022 04:41 AM AEDT| By Versha JainRibbon Finance (RBN) on Tuesday announced receiving US$8.75 million in a Series A+ funding round led by venture capital firm Paradigm, which supports Web3 and crypto companies and protocols. The token traded 0.46% down at US$1.36 at 9:38 am ET.....
Why is OriginTrail (TRAC) crypto rising?
March 23, 2022 02:06 AM AEDT| By Rupam RoyThe OriginTrail (TRAC) crypto surged over 44%, while its volume skyrocketed by over 693% in the last 24 hours to Tuesday morning, suggesting increased investors’ interest in the token. The cryptocurrency market is returning to a more stable .....
Squid Games, Tesla Coin: Famous Crypto Coins that are Dead Now
March 23, 2022 01:18 AM AEDT| By Manu ShankarThe cryptocurrency market has grown at a rate of knots over the past decade. All projects were not a success. Several notable projects grabbed prominent eyeballs and lured several market participants onto its platform but soon became dead, swallowi.....
Why is Oasis (ROSE) crypto rising?
March 23, 2022 01:08 AM AEDT| By Versha JainOasis Network (ROSE) was up six per cent to US$0.2515 per token at 6:21 am ET on March 22. The token appears to gain traction due to its ongoing campaigns like the Oasis Bloom Hackathon and Learn & Earn. Oasis Bloom Hackathon wants to seek sol.....
What is Big Time blockchain game & does it have a crypto token?
March 22, 2022 07:42 PM AEDT| By Ankit SethiHighlighths Using blockchain technology, Big Time appears to be competing with Axie Infinity and other such games The project has SPACE NFTs, and a token that it says can be earned by playing the game NFTs of projects like BAYC and CryptoPunks.....
Why is Teddy Doge crypto up over 250%? Is it scam coin?
March 22, 2022 07:31 PM AEDT| By Raza NaqviThe price of Teddy Doge (TEDDY) crypto has skyrocketed 263 per cent over the previous day, and it was trading at US$ 0.0006696 per token at the time of writing. In addition, the 24-hour volume of the Teddy Doge crypto shot up 252 per cent to $7.9 m.....
Commodity wrap-up for the week that was
March 22, 2022 07:14 PM AEDT| By Arpit VermaHighlights The prices of commodities remained volatile last week on fears related to the Russia-Ukraine war and the rising coronavirus cases in China. Brent and WTI crude oil 1-month Futures recorded a decline of 4.61% and 4.31% respectively du.....
Crude oil rises as European Union plans to ban Russian oil imports
March 22, 2022 06:44 PM AEDT| By Arpit VermaHighlights Crude oil prices rose on Tuesday. Both oil benchmarks settled nearly 7% higher on Monday as the potential for more supply disruptions weighed on the market. The weekend attack by Yemen’s Iran-aligned Houthi group caused a temp.....
What is Biswap DEX? BSW crypto trading volume spikes 25,000%
March 22, 2022 06:34 PM AEDT| By Ankit SethiHighlights Biswap is competing in the decentralized exchange space, which has features like staking Biswap claims it can be used to trade NFTs, besides for the launching of new crypto tokens BSW token’s trading volume has soared of late,.....
What is SafeMoon crypto? What’s so unique about it?
March 22, 2022 06:15 PM AEDT| By Jasmine AnandHighlights SafeMoon, which was launched last year, boasts some distinctive features. It rests on three functions, reflection, LP acquisition and a burn mechanism. Out of the transaction fee charged, half of it is redistributed to its token hol.....
Australia consumer confidence plunges to lowest level since Sep 2020
March 22, 2022 05:28 PM AEDT| By Toshiva JainHighlights A study by Australia and New Zealand Banking Group Limited (ANZ) and Roy Morgan Research unveils that Australia’s consumer confidence fell by 4.8% to 91.2 points in the third week of March. Recent geopolitical events have pushe.....
Will Instagram become NFT marketplace disrupter?
March 22, 2022 05:24 PM AEDT| By Sreenivas D AjankarPhoto and video sharing platform Instagram, owned by Facebook’s parent company Meta, has confirmed that the Instagram platform will soon start supporting non-fungible tokens (NFT). Facebook and Meta Platform CEO Mark Zuckerberg confirmed last.....
Australian household spending jumps in January 2022, will the momentum continue?
March 22, 2022 04:51 PM AEDT| By Akanksha VashishtHighlights Consumer confidence has taken a hit from the ongoing war in Ukraine as inflationary fears surface. The latest data by the ABS reveals that household spending rebounded at an impressive rate in January 2022. Research by the ANZ revea.....
Shippit acquires fellow logistics tech company Premonition
March 22, 2022 04:31 PM AEDT| By Sonal GoyalHighlights Shippit has acquired Premonition, a logistics technology company. With the acquisition of Premonition, Shippit would be able to take advantage of the booming online shopping business. Shippit has recently upgraded its mission to ach...
India-Australia trade deal soon: All you need to know
March 22, 2022 02:27 PM AEDT| By Akanksha VashishtHighlights India and Australia are expected to conclude an early harvest trade deal by the end of this month. Both countries are looking to reduce their reliance on China by establishing a direct trade channel between them. The upcoming interi.....
US stocks retreat after Powell vows more rate hikes; XOM, CVX rise
March 21, 2022 02:39 PM PDT| By Rupam RoyUS stocks kicked off the week lower on Monday, March 21, after Fed Chair Jerome Powell reiterated tough action on inflation and the EU weighed joining the US on banning Russian oil imports. The S&P 500 fell 0.04% to 4,461.18. The Dow Jones decli...
Why is Aventus (AVT) crypto rising?
March 22, 2022 06:31 AM AEDT| By Versha JainThe Aventus (AVT) crypto’s trading volume surged over 247% to US$1.9 million, while its price increased by 6.25% to US$2.36 in the last 24 hours to Monday afternoon. The protocol is currently under phase three of its development journey. An.....
What is Ethereum Classic (ETC) crypto and why is it rising?
March 22, 2022 04:52 AM AEDT| By Rupam RoyThe Ethereum Classic (ETC) crypto has been on investors' radar, evident by its price surge. The ETC token price was up over 7%, while its volume jumped more than 10% in the last 24 hours to Monday morning, indicating the high interest of traders in.....
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