News
What is Twitter’s new feature about NFT and profile picture?
January 21, 2022 05:29 AM GMT| By Jasmine AnandHighlights Twitter comes up with a new feature, allowing its users to display their NFTs as their profile pictures. New NFT avatars would appear in a hexagonal border instead of a circle. At present, the service is extended to Twitter Blue sub.....
Why is crypto market down? 5 key reasons
January 21, 2022 04:16 PM AEDT| By Ankit SethiHighlights The Fed may hike rates soon, and investors may be trimming their bets on riskier assets Russia may become another major economy to ban cryptos if its central bank’s proposals are accepted A few metaverse tokens have defied the.....
What are crypto market liquidations? Why are these weighing on Bitcoin?
January 21, 2022 03:45 PM AEDT| By AshishHighlights The global crypto market has faced the heat in last few days due to liquidations by traders. Bitcoin, Ethereum, Cardano, Fantom, and Cosmos have been most affected due to these liquidations. Crypto market liquidations refer to a sce.....
US stocks retreat for third straight day on inflation woes
January 20, 2022 02:31 PM PST| By Versha JainUS stocks closed in a sea of red on Thursday, January 20, as investors paused their bullish bets amid mixed signals from the economy. The S&P 500 fell 1.10% to 4,482.73. The Dow Jones declined 0.89% to 34,715.39. The NASDAQ Composite was down 1....
Russia to ban mining and use of cryptocurrency
January 21, 2022 06:09 AM AEDT| By Versha JainHighlights Russia’s central bank said it proposed a ban on mining and use of cryptocurrency. In 2020, Russia had given legal status to digital currencies but banned their use for payments. Russia ranks third in crypto mining after the US.....
FTSE 100 reverses some last session gains on profit-taking
January 20, 2022 04:11 PM GMT| By Sreenivas D AjankarUK Market: The UK stock market showed a mixed trend with the blue-chip FTSE 100 index down by 0.16%, while the mid-cap focused FTSE 250 index up by 0.11%. FTSE100 listed oil & gas stocks like Royal Dutch Shell Plc (-2.44%), and BP Plc (-1.95%) ha...
Will Badger DAO crypto’s rally stay?
January 21, 2022 01:49 AM AEDT| By Manu ShankarHighlights Badger DAO is a decentralized autonomous organization, which primarily aims to build dedicated products to simplify the use of Bitcoins. Powered by the Ethereum blockchain network, Badger DAO is driven by two main products SETT .....
What does Beefy Finance do & how to buy BIFI tokens?
January 20, 2022 10:45 PM AEDT| By Raza NaqviThe price of Beefy Finance (BIFI) cryptocurrency has gone up about five per cent in the last 24 hours, and its fully diluted market cap had increased to $136.6 million at the time of writing. Beefy Finance ranked 380 and was priced at $1,711.28 pe.....
How is is Shping crypto (SHPING) setting the market on fire?
January 20, 2022 09:27 PM AEDT| By Manu ShankarDriven by the Ethereum blockchain, Shping crypto (SHPING) aims to incentivise the brand retailers to promote a safer and secure way for customers to share product information. The Shping project aims to develop the world’s largest global data.....
5 reasons why cost-of-living is moving up in Britain
January 20, 2022 10:13 AM GMT| By Sreenivas D AjankarHighlights The inflation rate in the UK rose to its highest level at 5.4% in December 2021. The UK economy has been facing inflationary pressure for the last one year leading to a higher cost of living. At present, prices of goods and services.....
How would inflation further affect sectors? 5 pointers to note
January 20, 2022 10:04 AM GMT| By Priya BhandariThe inflation rate of the UK surged unexpectedly to 5.4% in December up from November’s 5.1%, since its highest in 1992, enhancing pressure on the household sector and on the Bank of England to raise interest rate again. The sharp rise in inf.....
What is JasmyCoin crypto? Can Jasmy ‘data lockers’ attract users?
January 20, 2022 08:12 PM AEDT| By Ankit SethiHighlights Jasmy project aims to provide licensed access to personal data of users Businesses can use this data to promote their products and services in an efficient manner JasmyCoin is the linked token, and it peaked to US$4 in Februar.....
CPH2 IPO: How to buy shares of this green hydrogen company?
January 20, 2022 08:16 AM GMT| By Rishika RainaUK-based green hydrogen technology and manufacturing firm Clean Power Hydrogen Plc (CPH2), has expressed its intention to go for a listing on the Alternative Investment Market (AIM) of the London Stock Exchange soon. CPH2 IPO plans Clean Power Hy.....
What makes the SOS token popular among investors?
January 20, 2022 06:12 PM AEDT| By Aditi SahaHighlights In December, the OpenDAO, a new decentralised autonomous organisation (DAO), started to give away free tokens to the users of OpenSea, the biggest NFT marketplace. According to OpenDAO's Twitter bio, an anonymous user, @9x9x9eth, is .....
What led to Grayscale Bitcoin Trust’s (GBTC) record-high discounts?
January 20, 2022 06:39 AM GMT| By Jasmine AnandHighlights Grayscale Bitcoin Trust, a popular crypto fund, has been witnessing steep discounts in the trading of its share. GBTC’s discount has reached 26.5%, the highest in the last 12 months. Some of the reasons for the same can .....
What is Syn City crypto? Is it a metaverse token?
January 20, 2022 05:31 PM AEDT| By Ankit SethiHighlights Syn City is a new entrant in metaverse gaming where AXS, MANA, and SAND are the leading players Syn City crypto project claims it is the first ‘mafia’ game with blockchain underpinning Syn City token, SYNR, is bein.....
Could Bitcoin plummet below US$30,000 in 2022?
January 20, 2022 05:10 PM AEDT| By Aditi SahaHighlights Bitcoin's recent performance has sparked a debate about whether the cryptocurrency is truly losing its shine. Ethereum, the second largest cryptocurrency by market capitalisation, may soon dethrone Bitcoin. Bitcoin had a rough s.....
What you should know about Australian Blockchain Week 2022
January 20, 2022 02:50 PM AEDT| By Aditi SahaHighlights Australian Blockchain Week 2022, the nation’s biggest crypto and blockchain event, is scheduled to be held in March 2022. FTX, the world's largest crypto derivatives exchange, has been announced as its naming rights sponsor. B.....
Should investors be wary of North Korea's crypto crimes?
January 20, 2022 01:53 PM AEDT| By Aditi SahaHighlights Some governments entered the crypto industry with nefarious motives, knowing the flaws. North Korea is the country responsible for laundering stolen assets from the cryptocurrency industry. North Korea utilise those funds to support.....
US stocks edge lower as technology, financial sectors slip
January 19, 2022 01:35 PM PST| By Rupam RoyBenchmark US indices drifted lower at the close on Wednesday, January 19, dragged down by losses in technology and financial sectors amid a choppy trading session. The S&P 500 was down 0.97% to 4,532.76. The Dow Jones fell 0.96% to 35,028.65. Th...