News
US retailers rush to slash prices to downsize inventory
June 09, 2022 01:00 PM PDT| By Mridul GogoiHighlights: US retailers cut prices to clear heavily stocked inventory. The services industry kept inflation hot as prices went above pre-pandemic levels. The CPI data to come out on Friday kept investors edgy. Amid the rising inflation i.....
US household wealth declines for first time since 2020
June 09, 2022 12:52 PM PDT| By Mridul GogoiUS household wealth declines for first time since 2020 Highlights: US household wealth dropped in the first quarter of 2022, the first time since 2020. US household net worth fell to US$149.3 trillion from a historic US$149.8 trillion at the end...
Crypto bank vs Fed: It is not Fed’s first brush with litigation
June 09, 2022 12:19 PM PDT| By Mridul GogoiHighlights: Wyoming-based crypto bank, Custodia has sued the Federal Reserve for blocking its access to Fed’s Masters Accounts. The lawsuit states that the central bank sat on Custodia’s application for 19 months without taking any .....
Why is Fetch.ai (FET) crypto gaining attention?
June 10, 2022 04:33 AM AEST| By Rupam RoyHighlights: ai is an AI lab creating a permissionless, decentralized machine learning network. One can trade the token on crypto exchanges such as HitBTC, BiKi, etc. The token’s highest price in the last 30 days was US$0.2015. The F.....
Why is Helium (HNT) crypto rising? Is it due to new Helium Wallet?
June 10, 2022 03:16 AM AEST| By Versha JainHighlights: Helium (HNT) is a decentralized blockchain-powered network for IoT devices. On Thursday, it launched the Helium Wallet, available on Apple and Android play stores. The network currently has 848,552 hotspots. Helium.....
When will Vectorspace AI (VXV) crypto come out of its bearish phase?
June 10, 2022 02:11 AM AEST| By Manu ShankarThe Vectorspace AI (VXV) crypto has been struggling for momentum for some time now. The 55th-ranked token has had a torrid time in the market for the past 30 days, with it witnessing a downfall of over 34%, according to CoinGecko. On 9 June as wel.....
What is Cryptex Finance (CTX) crypto? Know price & performance
June 10, 2022 01:22 AM AEST| By Rupam RoyHighlights: Cryptex Finance offers open-source financial solutions for the cryptocurrency community. The CTX token can be traded on exchanges like Huobi Global, Coinbase Exchange, etc. It returned over 112% gains in the last seven days. T.....
Why Ropsten test success is crucial for Ethereum?
June 10, 2022 12:34 AM AEST| By Manu ShankarHighlights The much-awaited Ropsten test network successfully merged its PoW execution layer with the Beacon Chain PoS on 8 June. On Thursday, Ethereum was trading at US$1,798.81 2:00 (GMT+1) with a volume of US$13,97,38,94,151 in the last 24 h.....
Is Ocean Protocol (OCEAN) rising on 4th upgrade or something else?
June 10, 2022 12:11 AM AEST| By Versha JainThe Ocean Protocol (OCEAN) has been gaining traction since its fourth upgrade, ‘OceanONDA V4’, went live on June 9, 2022. However, after a brief rally following the update, the token gradually lost steam to close at US$0.2871, dow.....
Three metaverse tokens that racked up massive gains amid bleak crypto market
June 09, 2022 06:27 PM AEST| By Sonal GoyalHighlights The crypto market has seen a roller-coaster ride in the last one year Except for few tokens most of the digital assets have lost their value in the last one year Metaverse tokens outperformed the broader crypto market by a wider mar...
Thor crypto price is rising: Why is it gaining traction?
June 09, 2022 05:35 PM AEST| By Raza NaqviAmid a weak cryptocurrency market, Thor (THOR) crypto gained momentum on Thursday morning and rose around 10 per cent over the previous day. At the time of writing, Thor crypto was trading at US$ 6.19 per token, as per CoinMarketCap. Due to increa.....
Crypto Catch: Superhero-Swyftx merger a ‘historic’ move for crypto industry
June 09, 2022 03:21 PM AEST| By Daniel Paul JohnsIn a big move for the Australian cryptocurrency industry, ASX shares trading platform, Superhero, and popular crypto exchange, Swyftx, are merging to form a mega-platform for crypto and shares trading. The deal, which has been labelled “hist.....
Which are top three NFTs by sales volume?
June 09, 2022 03:01 PM AEST| By Ankit SethiHighlights NFTs of BAYC and CryptoPunks usually top the list in terms of the average price of assets In terms of sales volume, these can be toppled by relatively less popular projects like ShitBeast and We Are All Going To Die Most NFTs use Et.....
What you should know about Josh Allen NFTs
June 09, 2022 01:35 PM AEST| By Ankit SethiHighlights NFTs fall within the cryptoverse, with those of Beeple and CryptoPunks having sold for very high prices Digital assets linked to athlete Josh Allen are set to be dropped on DraftKings, a marketplace for NFTs Madonna’s NFTs lau.....
Green future! CEN, GNE, MEL renewable energy stocks grab attention
June 08, 2022 08:03 PM PDT| By SonalHighlights NZ has abundant natural energy sources that can help in attaining the zero-carbon emissions goal. Contact Energy released its monthly operating report for May 2022. Genesis notified on Thursday that its CEO Mark England would be ste.....
AS Roma Fan token volume balloons 400%; here are key features of ASR
June 09, 2022 11:32 AM AEST| By Ankit SethiThe cryptoverse is awash with digital assets providing unique offerings. After Bitcoin and native tokens like Ether, a late addition is fan tokens. As the name suggests, these tokens are targeted specifically at fans of sportspersons, clubs, and so.....
Tech stocks drag Wall Street lower as rate woes weigh; INTC, AMZN fall
June 08, 2022 02:24 PM PDT| By Rupam RoyUS stocks drifted lower on Wednesday, June 8, pulled down by technology shares as inflation, rising oil prices, and rate woes weighed on investors’ sentiment ahead of May CPI data. The S&P 500 fell 1.08% to 4,115.77. The Dow Jones was down...
Uptick in Chinese tech stocks renews hopes of a long rally
June 08, 2022 11:43 AM PDT| By Mridul GogoiSeveral Chinese stocks trading on US stock exchanges saw an upsurge on Wednesday after the government’s assurance of extending support to the domestic technology companies. The surge in Alibaba Group Holding Ltd. and Bilibili Inc stocks on W.....
Is LTO Network (LTO) crypto rising after Binance US listing?
June 09, 2022 03:30 AM AEST| By Rupam RoyHighlights: The LTO Network claims to be one of Europe’s leading blockchains with real-world usage. The LTO token can be traded on exchanges like Kucoin, Uniswap, etc. It returned over 18% gains in the last seven days. The LTO Netwo.....
Why is WOO Network (WOO) crypto generating interest?
June 09, 2022 02:55 AM AEST| By Versha JainHighlights: Woo Network is a liquidity network which connects traders, institutions, exchanges, and DeFi platforms. The project offers services in two categories: WOO X and WOOFi. WOO token is used for staking and offering fee disc.....