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News
Why is Pendle crypto (PENDLE)’s DeFi interface is so unique?
March 17, 2022 06:36 PM AEDT| By Manu ShankarThe Decentralised finance (DeFi) has seen significant growth in creating economic value in the last one year or so. Therefore, it’s not surprising to see the evolution of various lending programs and on-chain strategies, which are aimed at va.....
Crude oil rises on IEA supply warning
March 17, 2022 05:57 PM AEDT| By Arpit VermaHighlights Crude oil prices rose on Thursday. The prices were dropped on Wednesday for the fifth time in the last six days as traders reacted to the progress in Russia-Ukraine peace talks. Oil inventories in the US jumped by 4.3 million .....
NZ returns to growth in December quarter, GDP up 3%
March 17, 2022 05:53 PM AEDT| By ManikaHighlights GDP rises 3% in the December quarter The numbers are below economists’ expectations However, they are above RBNZ’s prediction The Gross Domestic Product (GDP) which is a snapshot of the economy, grew by 3% in .....
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CEN, GNE, MEL: 3 energy stocks in the limelight amid carbon auction
March 17, 2022 05:29 PM AEDT| By SonalHighlights NZ ETS held a carbon allowance auction for the March quarter on 16 March. CEN announced the price at which shares will be allotted under its Dividend Reinvestment plan. Genesis issued green bonds worth $125 million on 14 March. &.....
Crypto Catch: Bitcoin jumps over 5% to US$41k mark, Ethereum gains nearly 3%
March 17, 2022 04:08 PM AEDT| By Daniel Paul JohnsHighlights The world’s premier crypto has gained nearly 5% in the past 24 hours to reach just above US$41,000. The EU abandoning legislation that would have led to a ban on bitcoin mining, no doubt was a positive sign for Bitcoin bulls. .....
Why is THOR (THOR) crypto price rallying?
March 17, 2022 03:06 AM AEDT| By Rupam RoyThe year 2021 was one of the best years for the blockchain sector. The digital assets saw robust returns. But after a turbulent new year that saw a significant crypto decline, the market is now gaining steam. Among others, the Thor (THOR) token has.....
Why is PancakeSwap (CAKE) crypto rising?
March 17, 2022 02:21 AM AEDT| By Rupam RoyBitcoin’s (BTC) growing popularity has led to the emergence of a spurt of cryptocurrencies in the market. Digital assets such as NFTs, stablecoins, altcoins, besides the popular cryptocurrencies, are gaining attention. One such crypto on inve.....
What is Radix (XRD) crypto and why is it rising suddenly?
March 17, 2022 01:13 AM AEDT| By Raza NaqviThe cryptocurrency market is going through uncertain times as it has been witnessing extreme volatility ever since Russia declared war on Ukraine. On Wednesday, March 16, the crypto market was trading in the green after declining continuously over .....
Why is The Sandbox (SAND) crypto gaining attention?
March 17, 2022 12:10 AM AEDT| By Versha JainThe blockchain gaming company Sandbox announced its partnership with HSBC Bank on Wednesday, where HSBC is entering The Sandbox metaverse. The bank will buy the virtual plot of land in the metaverse and plans to develop it to attract and engage spo.....
Why is ShibaDoge (SHIBDOGE) rising today?
March 16, 2022 09:42 PM AEDT| By Versha JainIn the crypto world, meme tokens are not new. Dogecoin (DOGE), a meme token, was started as a joke, and then another meme token Shiba Inu (SHIB), came with a purpose to kill Dogecoin. However, both still exist, and their holders also keep in.....
What does Military.Finance & MIL crypto claim to do?
March 16, 2022 08:41 PM AEDT| By Ankit SethiHighlights Finance claims to use blockchain tech to help veterans and fund related causes The MIL token of the project has a very low trading volume, and extreme caution is necessary. The project claims DAO features, where donors can use.....
How latest COVID-19 lockdown in China can cause trade disruption
March 16, 2022 08:23 PM AEDT| By Akanksha VashishtHighlights China is observing a surge in Omicron cases, which can hamper international businesses dependent on the country. The country is imposing strict restrictions followed by mass testing and quarantine facilities. The number of companies.....
How biotechnology can help amid high food inflation
March 16, 2022 08:15 PM AEDT| By Aditi SarkarHighlights Global food prices have rocketed to hover near the levels reached during the global food crises of 2007-08 and 2010-11 Genetic modification of crops could be a potential solution for increasing crop yield Plant tissue culture .....
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What is Waves crypto and why is it shining?
March 16, 2022 06:33 PM AEDT| By Jasmine AnandHighlights Waves crypto prices are currently surging, defying the market’s mood. The Waves 2.0 upgrade and the announcement of US$150 million funds to boost its decentralised apps might have led to a rise in the crypto prices. Also, bein.....
What is Tectonic crypto lending protocol & its TONIC token?
March 16, 2022 06:26 PM AEDT| By Ankit SethiHighlights A large number of players exist in the crypto lending sector that promise “passive income” Tectonic has a pretty similar model, and is claimed to have “algorithmically determined” rates TONIC is not among the.....
Crude oil dips below US$100/bbl on a possible revival of Iran deal
March 16, 2022 04:45 PM AEDT| By Arpit VermaHighlights Crude oil prices tumbled on Tuesday. Both oil benchmarks reached below US$100/bbl for the first time since late February. As per the technical charts, both oil benchmarks moved to the oversold territory which had been in overbought .....
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Hifi Finance (MFT) crypto: Why is it grabbing eyeballs today?
March 16, 2022 02:52 AM AEDT| By Manu ShankarHifi Finance (MFT) is primarily an Ethereum-powered protocol that allows the crypto holders to lend and borrow against the cryptos. Operating like a bond, it offers settlement on a future date, which allows the users the freedom to buy or sell toke.....
Why is Kyber Network Crystal v2 (KNC) crypto rising?
March 16, 2022 02:40 AM AEDT| By Rupam RoyThe Kyber Network Crystal v2 (KNC) crypto has gained traction in the market, evident by the recent rally in its prices. The KNC token was priced at US$2.97 at 7:15 am ET on March 15, up 10.11%, while its one-day volume was up over 120.86% to US$245.....
Mecha Morphing (MAPE) bringing IDO on Polkastarter (POLS): know details
March 16, 2022 02:26 AM AEDT| By Versha JainPolkastarter (POLS) is hosting a Mecha Morphing (MAPE) Initial DEX Offering (IDO) on its platform at 1:00 pm UTC on March 29. The Polkastarter blockchain provides a launchpad for cross-chain token pools and auctions. Mecha Morphing is a bro.....
Why is Polkadot (DOT) crypto declining?
March 15, 2022 11:47 PM AEDT| By Rupam RoyThe first names that pop up while talking about the crypto sector are Bitcoin (BTC) and Ethereum (ETH). However, various other cryptos also contribute considerably to the overall market's performance. The number of cryptos and crypto exchanges is .....
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