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News
What are penny cryptos? A look at 2 such cryptos- XRP and Ren
May 16, 2022 04:14 PM AEST| By Jasmine AnandHighlights In order to diversify their portfolios, Investors look for cheap and inexpensive crypto investments, offering quick profits XRP was jumping 4.10% at the time of writing Ren’s platform helps in generating cross-chain liquidity ...
MLN token trading volume up 3,000%: Why is MLN rising?
May 16, 2022 03:58 PM AEST| By Ankit SethiHighlights DeFi aggregator Enzyme Finance protocol’s MLN crypto’s trade volume has gained sharply The protocol has tweeted that MLN has no links with Terra, which may be the reason behind this rise in activity MLN token year-to-dat...
MContent crypto gains: What are its streaming and funding services?
May 16, 2022 03:31 PM AEST| By Ankit SethiHighlights Almost every crypto claims to have a linked project like metaverse, gaming or DeFi services MContent crypto is said to offer a platform to content creators with seed funding facilities MContent token is very new in comparison to cry...
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CLT, SAPP, BNX, AXEL, MKR: 5 cryptos that gained despite market dip
May 14, 2022 07:00 PM AEST| By Manu ShankarThe crypto market has seen an eventful week. The crypto market lost US$200 billion in a single day reducing the global market cap to US$1.21 trillion. The US$200-a-day loss on 12 May was largely due to the Terra crash, which lost 100% of its value ...
What could have caused crypto crash and what can be its effects?
May 14, 2022 02:01 PM AEST| By Ankit SethiHighlights Why cryptos crash is a complex question to answer. A slew of causes may be behind this A few experts believe that the crypto market lacks adequate liquidity, which leads to subdued demand It might be possible that regulators...
Are you an NFT lover? Know top 3 NFT marketplaces
May 14, 2022 06:00 AM AEST| By Jasmine AnandHighlights Nowadays, NFTs are the talk of the town OpenSea is the leading NFT marketplace, boasting a beginner-friendly platform Nifty Gateway host a diverse range of NFTs, especially those by celebrities and top artists These days non-fu...
Why are Cronos (CRO) and Crypto.com in focus?
May 14, 2022 03:49 AM AEST| By Rupam RoyHighlights: The CRO token is the native crypto of the Cronos Chain. The CRO token is available for trading on exchanges like Bittrex, OKEx, etc. It saw the highest price of US$0.427 in the last 30 days. The Cronos (CRO) crypto gained trac...
Why is THORChain (RUNE) crypto rising?
May 14, 2022 03:12 AM AEST| By Rupam RoyHighlights: THORChain, a decentralized liquidity protocol, allows users to exchange crypto assets across networks. The token is available for trading on exchanges like Binance, SushiSwap, etc. It saw the highest price of US$9.87 in the last 30...
Why is Step App (FITFI) crypto up 200%?
May 14, 2022 02:46 AM AEST| By Versha JainHighlights Step App is a protocol that helps create a gamified metaverse for the fitness economy. Step App offers services such as staking, liquidity incentives, locks, and buybacks. FITFI is a governance token of Step App, while K...
World’s leading stablecoin Tether de-pegs and gets back on course
May 13, 2022 10:03 PM AEST| By Manu ShankarHighlights After the collapse of the algorithmic stablecoin TerraUSD, the world’s leading stablecoin Tether, briefly lost its peg on 12 May. Friday (13 May) brought some joy and relief to the stablecoin traders as Tether managed to climb ...
British rapper KSI loses more than US$2.8 billion in Terra’s (Luna) crash
May 13, 2022 06:51 PM AEST| By Manu ShankarHighlights British YouTuber and rapper JJ Olatunji, also known as KSI, lost more than US$2.8 million in the current crash. On 13 May, Terra lost 100% of its value and was trading at US$0.00001959 with a trading volume of US$408,542,399 over a d...
GMT crypto soars 70%: Does this move-to-earn token has any future?
May 13, 2022 05:32 PM AEST| By Raza NaqviHighlights Amid the rising crypto market, the STEPN (GMT) crypto was among the top gainers as its price was up by 70 per cent. The Green Metaverse Token (GMT) is the governance token of STEPN, a crypto-based lifestyle application. The GMT cryp...
Terra Luna’s shock crash shines spotlight on cracks within crypto industry
May 13, 2022 04:16 PM AEST| By Daniel Paul JohnsHighlights Terra Luna token has nosedived from a high of US$118 in April to just six US cents, where it currently sits It’s been a horrendous week for the crypto market with the vast majority of digital currencies suffering heavy losses ...
Will LUNA recover? Factors that could shape its recovery
May 13, 2022 04:03 PM AEST| By Ankit SethiHighlights 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...
What is Tesla Token and is it safe?
May 13, 2022 03:35 PM AEST| By Ankit SethiHighlights 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 ...
Crypto Catch: Terra Luna crash triggers selloff in crypto market, investors spooked
May 13, 2022 01:55 PM AEST| By Daniel Paul JohnsIt’s been a rough week for the crypto market with most tokens losing significant ground over the past seven days. The Terra Luna token fell from a high of US$118 in April to just six US cents, where it currently sits. Terra Luna’s col...
Global cryptocurrency regulatory body on the anvil, says top official
May 13, 2022 05:42 AM AEST| By Versha JainHighlights Online scams and hacking have increased as the cryptocurrency market grew. Officials are considering a global crypto regulatory body by next year to boost security. Last year, IMF issued guidelines for setting up a crypto mark...
Why is Dogecoin (DOGE) crypto gaining attention amid a dip?
May 13, 2022 04:13 AM AEST| By Rupam RoyHighlights: 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...
Why MetaPay (METAPAY) crypto zoomed 240% in one day?
May 13, 2022 02:35 AM AEST| By Versha JainHighlights 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...
Why is Tether (USDT) crypto dropping from its dollar-pegged price?
May 13, 2022 01:45 AM AEST| By Rupam RoyHighlights: 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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