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What is Immutable X Layer 2 NFT service and how has IMX token fared?
April 27, 2022 07:05 PM AEST| By Ankit SethiHighlights Rate hike anxieties and the Ukraine war have triggered a bearish phase in variable assets One NFT gaming token, WonderHero, has gained of late, and Immutable X was gaining traction Immutable X supports NFTs, and its native token, IM.....
FITFI crypto's price soars 140%. Will it surpass GMT's popularity?
April 27, 2022 05:06 PM AEST| By Raza NaqviHighlights The price of the FITFI crypto is surging despite a decline in the overall cryptocurrency market. The FITFI crypto claims to provide a fitness experience within the metaverse through non-fungible tokens (NFTs). Currently, the FITFI c.....
Crypto ETF launch in Australia gets delayed
April 27, 2022 04:23 PM AEST| By Daniel Paul JohnsHighlights The launch of the first crypto ETF in Australia has been delayed, the Cboe Australian exchange announced today. The Cboe exchange said that the delay is simply due to the double checking of routine checks and balances. The Australia...
Crypto Catch: ATO to crack down on crypto traders this tax season
April 27, 2022 02:36 PM AEST| By Daniel Paul JohnsHighlights Cryptocurrency traders will be under increased scrutiny by the Australian Taxation Office at the end of this financial year, according industry experts. Bitcoin fell 5.6 per cent in the past 24 hours to sit at US$38,250. Meanwh...
Crypto Fear & Greed Index: Bitcoin slumps 6% amid risk aversion
April 27, 2022 12:53 PM AEST| By Priyabrata PrustyHighlight Bitcoin, which has over 40% weightage in the crypto market, fell over 6% to US$38,000 levels. Crypto market capitalisation has fallen 5.71% to US$1.76 trillion in the last 24 hours, according to CoinMarketCap. Crypto fear and greed,...
US stocks retreat ahead of big earnings; TSLA, GE, UPS decline
April 26, 2022 01:54 PM PDT| By Rupam RoyWall Street’s main indices edged lower on Tuesday, April 26, ahead of the earnings of big companies like Microsoft and Alphabet as investors weighed the risks of slow growth and higher interest rates. The S&P 500 was down 2.81% to 4,175.20...
GMT and FITFI cryptos: Is move-to-earn the next big thing?
April 27, 2022 04:58 AM AEST| By Rupam RoyHighlights: STEPN (GMT) crypto returned over 2083% gains YTD. The GMT token reached its all-time high on April 20, 2022. Step App (FITFI) announced various listing updates. The crypto space has emerged various trends in the market while p.....
Why is metaverse-based Plutonians (PLD) crypto rallying?
April 27, 2022 03:42 AM AEST| By Rupam RoyHighlights: Plutonians is a new role-playing game built on the Solana blockchain The game's framework intends to bring together the Web2 multiplayer universe and Web3-enabled virtual reality (VR) metaverse. It provided gains of over 67% since .....
Why is Bancor (BNT) protocol gaining attention?
April 27, 2022 03:23 AM AEST| By Versha JainHighlights Bancor (BNT) is a decentralized trading protocol. BNT token got listed on the Binance US crypto exchange on April 25. BNT has an elastic supply, and the protocol mints and burns tokens to maintain the liquidity levels in the p.....
Why The Graph (GRT) crypto rising?
April 27, 2022 01:44 AM AEST| By Versha JainHighlights The Graph (GRT) is a decentralized protocol for indexing and querying for blockchain networks like Ethereum and IPES. GRT is an ERC-20 token on the Ethereum blockchain used to allocate resources in the network. Graph is organi.....
FTSE 100 bounce back led by miners and homebuilders
April 26, 2022 03:41 PM BST| By Priya BhandariUK Market: The UK stock market made a strong comeback on Tuesday after three days of the selloff, with the blue-chip FTSE 100 index up by 0.96%. The index gains were led by shares of miners and homebuilders, with Glencore Plc, Anglo American, and Ant...
Oasis Network (ROSE) crypto: Why is it grabbing eyeballs?
April 27, 2022 12:39 AM AEST| By Manu ShankarHighlights Oasis Network (ROSE) is primarily a privacy-enabled and scalable Layer-1 blockchain network deemed to provide the foundation for Web3. The Oasis Network believes that to propel Web3 forward, it's critical to take it from the level of.....
3 reasons why cryptos could be crashing
April 27, 2022 12:00 AM AEST| By Ankit SethiHighlights The Fed is expected to raise interest rates more sharply than previously expected by analysts Russia, the IMF has recently noted, may use crypto mining as a way to avoid Western sanctions CoinMarketCap now tracks more than 19,000 cryp...
ApeCoin keeps rising on metaverse update. Will it reach new highs?
April 26, 2022 10:49 PM AEST| By Raza NaqviHighlights The Ethereum-based ApeCoin token is the native token of the Bored Ape Yacht Club (BAYC) ecosystem. At the time of drafting this article, the price of the ApeCoin crypto was up about five per cent over the previous day. The total and.....
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5 recent developments you may want to know about the UK economy
April 26, 2022 01:23 PM BST| By Rishika RainaHighlights Retail and manufacturing costs have been soaring lately in the UK, resulting in higher prices for customers. Labour has recently warned that an annual increase of £10 billion in annual petrol and diesel costs is ahead of Briton.....
SILUMINA ANODESTM Project takes next step in EV development
April 26, 2022 07:45 PM AEST| By Nitish KumarHighlights Inclusion of silicon in graphite anode could increase the energy capacity of batteries but possesses technical challenges. An Australian company has made the breakthrough and is in process of constructing a silicon graphite battery a.....
What are Alchemix crypto loans and how has ALCX token fared?
April 26, 2022 06:29 PM AEST| By Ankit SethiHighlights Elon Musk’s Twitter deal has spawned a new cryptoasset, EBT, which even rose after its launch Cryptos can be very volatile with respect to price, and ALCX token has lost on a year-to-date (YTD) basis Alchemix claims to be a De.....
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Elon Musk Cryptocurrency: Is it a scam, or a clever marketing strategy?
April 26, 2022 06:24 PM AEST| By Team Kalkine MediaHighlights Tesla chief Elon Musk purchased Twitter for US$54.20 per share in a cash deal for US$44 billion. On his Twitter handle, Musk suggested that he intends to make Twitter a better place by enhancing the product with new features an.....
What are Raiden Network’s off-chain solutions? How has RDN token fared?
April 26, 2022 06:14 PM AEST| By Ankit SethiHighlights A few projects in cryptoverse are working in off-chain transfers, claiming to be quick and cheap The Raiden Network says its Ethereum-based layer can be used for DApps and micropayments RDN token is substantially down as compared wi.....
Dogecoin rockets as Elon Musk buys Twitter: Can it go to the moon?
April 26, 2022 04:57 PM AEST| By Raza NaqviHighlights At the time of drafting this article, the price of Dogecoin had jumped 27.1 per cent. After recording the price and volume surge, Doge became the 10th most valuable cryptocurrency. Currently, the market cap of Doge has increased to .....
