Cryptocurrency

What is Andreessen Horowitz crypto fund? Can it stop market crash?

 What is Andreessen Horowitz crypto fund? Can it stop market crash?

Highlights Through the funding, Andreessen Horowitz aims to invest in the virtual currencies behind projects and equity in a company. Andreessen Horowitz was founded in 2009, and in the past few years, the private venture capital firm has gaine...

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NZX 50 falls 8 points on weak sentiment, FPH, WHS rally

NZX 50 falls 8 points on weak sentiment, FPH, WHS rally

  • May 13, 2022 07:11 PM NZST
  • Sonal

Highlights The New Zealand share market ended lower on Friday on the back of weak investor sentiment. Global stock markets ended mixed amid concerns about the Fed hampering growth to bring inflation under control. Oil and gold prices were up w...

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Will LUNA recover? Factors that could shape its recovery

Will LUNA recover? Factors that could shape its recovery

Highlights LUNA crypto crash has come alongside a broader bearish phase, with many cryptos having lost value LUNA’s utility, which includes its association with UST stablecoin, could shape its recovery Reports suggest Luna Foundation Gua...

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What is Tesla Token and is it safe?

What is Tesla Token and is it safe?

Highlights Bitcoin has regained at least some ground, but the wider cryptoverse is still under severe stress FTX offers tokenized stocks, and Tesla Token is said to be backed by Tesla stock trading on traditional stock exchange UST stablecoin ...

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Dow, S&P close lower on mixed economic data; APP, GME, AMC rally

Dow, S&P close lower on mixed economic data; APP, GME, AMC rally

Dow Jones and S&P 500 fell, but tech-savvy Nasdaq crawled back up to close the session mixed on Thursday, May 12, after a vital economic gauge showed that demand for manufactured goods slowed in April. The S&P 500 was down 0.13% to 3,930.08....

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Global cryptocurrency regulatory body on the anvil, says top official

Global cryptocurrency regulatory body on the anvil, says top official

Market regulators plan to set up a global cryptocurrency regulatory body to address threats from scammers and hackers that steal billions of dollars from unsuspecting victims each year. Ashley Alder, the chairperson of the International Organizati...

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Why is Dogecoin (DOGE) crypto gaining attention amid a dip?

Why is Dogecoin (DOGE) crypto gaining attention amid a dip?

Highlights: Based on the popular internet meme "doge", Dogecoin features a Shiba Inu on its logo. The token can be traded on exchanges like Binance, OKX, etc. WordPress websites accept DOGE as payments without third-party interference. Th...

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Why MetaPay (METAPAY) crypto zoomed 240% in one day?

Why MetaPay (METAPAY) crypto zoomed 240% in one day?

Highlights  METAPAY token is used in the Metaxion universe to make purchases. Metaxion is built in the metaverse universe. The token is available for purchase on PancakeSwap (V2) and VinDAX crypto exchanges.  The MetaPay (METAPA...

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Why is Tether (USDT) crypto dropping from its dollar-pegged price?

Why is Tether (USDT) crypto dropping from its dollar-pegged price?

Highlights: Tether (USDT) slipped from its dollar-pegged price on Thursday. The global crypto market slumped over 7% on Thursday morning. USDT can be traded on exchanges like Binance, OKEx, etc. Stablecoins were in focus this week as the ...

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TerraUSD (UST) coin rises over 40%: What does it mean for investors?

TerraUSD (UST) coin rises over 40%: What does it mean for investors?

Highlights TerraUSD drew criticism from crypto market analysts worldwide after its price had crashed to 30 cents on May 11. TerraUSD could be rising due to the announcement of a recovery plan from Do Kwon, co-founder of Terraform Labs. Unlike ...

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NZX skids 0.50% amid higher food prices; top cryptos witness bloodbath

NZX skids 0.50% amid higher food prices; top cryptos witness bloodbath

Highlights S&P/NZX50 was down by 0.50% on Thursday Wall Street indices dip amid the US Fed’s decision to aggressively hike the interest rates Top cryptos like Bitcoin, Ethereum, Cardano, Solana, etc. bleed New Zealand’s sh...

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