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News
What is yield farming? Is it the best way to invest in cryptocurrencies?
May 12, 2022 10:01 AM AEST| By Sonal GoyalHighlights In yield farming, the crypto investor can earn good income by lending their crypto holdings Yield farming is performed on decentralised finance platforms There are a lot of decentralised finance platform through which yield farming ...
Is FTX Token (FTT) crypto trending on New York Trust Charter news?
May 12, 2022 03:42 AM AEST| By Rupam RoyHighlights: FTX is a crypto derivative platform launched in May 2019. The FTT token is available for trading on several exchanges like Binance, BingX, etc. The FTT token saw the highest price of US$48.28 in the last 30 days. The FTX Token...
Why is XYO (XYO) crypto rising despite market turbulence?
May 12, 2022 12:37 AM AEST| By Versha JainHighlights XYO is a technology protocol. It has 73,139 token holders: the top 100 holders account for 51% of the holdings. The XYO token has a market capitalization of US$161.4 million. The global crypto market was down 5.93% to US$...
Why is Maker (MKR) crypto up 35%?
May 12, 2022 12:31 AM AEST| By Versha JainHighlights Maker (MKR) is an Ethereum based governance token of Maker DAO (Decentralized organization) and Maker protocol (a software platform). It is used to issue and manage DAI stablecoin. DAI is a community managed, decentraliz...
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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...
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...
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,...
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...
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...
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