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News
Why did Santos Fan Token's (SANTOS) volume soar over 9600%?
May 18, 2022 05:28 PM AEST| By Manu ShankarHighlights The SANTOS crypto allows token holders to have immersive experiences of the Santos FC Football club. Santos Fan Token (SANTOS) has been grabbing the headlines following its rally of over 115% on 18 May, with a volume gain of ov.....
ARK crypto rises: How has ARK fared amid volatility in cryptoverse?
May 18, 2022 04:11 PM AEST| By Ankit SethiHighlights At a time when BTC, ETH, and ADA prices were in red, ARK crypto was trading in green ARK blockchain network works on what it terms “modified” proof-of-stake method As compared to its price on January 1, 2022, ARK token h.....
Crypto Catch: Analyst claims Ethereum may lose 80% of its value
May 18, 2022 01:55 PM AEST| By Daniel Paul JohnsAn expert crypto analyst has made the startling claim that second largest cryptocurrency, Ethereum, might lose a further 80 percent of its value in the near future. Ethereum has had a tough go at it in the last several months, losing 60 percent of.....
What is IOTA (MIOTA) crypto and why is it rising?
May 18, 2022 03:20 AM AEST| By Versha JainHighlights IOTA (MIOTA) is a distributed ledger launched in 2016. The distributed ledger charges no fees and intends to provide limitless throughput at the minimum expense. On May 17, it announced that hardware is planned for produ.....
Why is IDEX (IDEX) crypto up over 122%?
May 18, 2022 01:54 AM AEST| By Rupam RoyHighlights: Idex is a hybrid liquidity decentralized exchange (DEX) that functions as an order book and an automated market maker (AMM). The token is available for trading on exchanges like Binance, Uniswap V2, etc. It returned over 20% gains .....
Why is Decentralized Social (DESO) crypto drawing attention?
May 18, 2022 12:41 AM AEST| By Rupam RoyHighlights: The DeSo blockchain claims to power the Web 3.0 decentralized social networks. The DESO token can be traded on exchanges like Coinbase, CoinEx, etc. DESO coin saw the highest price of US$43.88 in the last 30 days. The crypto m.....
Is Digital Euro’s launch on the cards?
May 18, 2022 12:33 AM AEST| By Manu ShankarHighlights ECB is geared to launch the Digital Euro in the next four years by 2026. In a speech, Fabio Panetta, an executive member of the European Central Bank, said that ECB could perhaps lay the groundwork for the possible digital euro for t.....
Why this Japanese Bitcoin is on a hot streak in crypto market?
May 18, 2022 12:29 AM AEST| By Manu ShankarHighlights The JasmyCoin (JASMY), also dubbed the Japanese Bitcoin, is an IoT platform, which aims to offer infrastructure that allows seamless data transfer safely and securely. Built on the Ethereum blockchain network, the JASMY crypto aims t.....
What is Songbird (SGB) crypto and why did it zoom 76%?
May 17, 2022 11:30 PM AEST| By Versha JainHighlights Songbird is the canary network for Flare. Flare, a distributed network, enables secure interoperability between chains by integrating with the Ethereum Virtual Machine (EVM). The Songbird (SGB) token has a current market capitalizat.....
Bitcoin at $30,000: What does 5-year historical price data indicate?
May 17, 2022 09:56 PM AEST| By Ankit SethiHighlights Prices of altcoins like ETH have largely mirrored the price trend of BTC in 2022, which shows correlation BTC has the biggest share in the total market cap of cryptoverse, which is often referred to as its dominance Bitcoin price ha.....
How Terra's (LUNA) US$30 bn crash is benefitting this crypto
May 17, 2022 05:37 PM AEST| By Manu ShankarHighlights Terra's (LUNA) drastic decline has now forced the protocol to migrate to other networks such as Polygon (MATIC). Polygon CEO Ryan Wyatt and founder Sandeep Nailwal revealed they are working on multiple Terra projects in order to help.....
Is Pi Network real or just a dream? Can you buy Pi coin?
May 17, 2022 05:20 PM AEST| By Raza NaqviSince the launch of Bitcoin, the cryptocurrency market has grown by leaps and bounds. As of writing, there were more than 19,000 cryptocurrencies trading worldwide, according to CoinMarketCap data. Amid the rising popularity of virtual currencies,.....
Crypto experts make a strong case for blockchain-based games
May 17, 2022 05:20 PM AEST| By Mila Bera (Guest)In a recent interview, David Kim, WAX's head of publishing, and Michael Rubinelli, WAX’s head of game studios, expressed their strong belief that the crypto industry and games will be even more connected in the future. WAX stands for Worldwide...
DEI stablecoin loses USD peg after TerraUSD. Why?
May 17, 2022 04:09 PM AEST| By Ankit SethiHighlights After TerraUSD’s decline, the stress in stablecoin category seems to have gripped DEI crypto DEI is a part of DeFi project titled DEUS Finance, a protocol with its second token DEUS DEI was trading at a price of nearly US$0.6 .....
What is Bityuan crypto and is BTY token safe?
May 17, 2022 04:03 PM AEST| By Ankit SethiHighlights Though the total market cap is back to US$1.3 trillion level, there is no certainty about future Bityuan talks about parachain development services, with multiple nodes backing the mainnet BTY token of Bityuan has yet to list for tr.....
Crypto Catch: Australian Taxation Office to target capital gains on cryptos
May 17, 2022 01:56 PM AEST| By Daniel Paul JohnsHighlights The Australian Taxation Office will be targeting capital gains made from crypto assets with the agency looking to crackdown on mistakes the public are making Bitcoin fell three per cent from yesterday and currently sits at US$29,866 .....
Australia’s first Crypto ETF underwhelms on debut
May 17, 2022 03:55 AM AEST| By Daniel Paul JohnsHighlights Australia’s first crypto tracking exchange traded funds (ETF) met a subdued reception upon its launch on Thursday Some market experts are predicting crypto to stabilise this week after last weeks bloodbath, which saw the market.....
Bitcoin (BTC) dips below US$30,000, sliding for seventh straight week
May 17, 2022 03:02 AM AEST| By Rupam RoyHighlights: Bitcoin (BTC) traded below the US$30,000 mark on Monday, continuing its decline. Bitcoin prices were down for the seventh consecutive week for the first time. Bitcoin hit an all-time high of US$68,789.63 in November 2021. The .....
Songbird Crypto: Why is SGB token giving its investors jitters?
May 17, 2022 02:33 AM AEST| By Rishika RainaHighlights On 16 May, Songbird Crypto (SGB) hit its all-time low of US$0.01652607, according to CoinGecko. Songbird is basically the Canary Network for Flare that helps the Flare Network to update itself while testing its new features in the lo.....
Why is UK Treasury legalising stablecoins despite Terra crash?
May 17, 2022 02:24 AM AEST| By Manu ShankarHighlights The Her Majesty's Treasury, on Monday, in an announcement said that it will be regulating stablecoins as legal tender. It is suggested that the Treasury's decision to regulate the stablecoin was highlighted during the Queen's Speech......
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