News

Why is Origin Protocol (OGN) crypto rallying?

June 01, 2022 03:03 AM AEST| By Rupam Roy

The Origin Protocol (OGN) gained attention on Tuesday as the broader crypto market rallied. The crypto market was up 2.60% to US$1.30 trillion on Tuesday morning. The OGN token price gained 67%, while its volume skyrocketed by more than 491%. Als.....

Is Cardano (ADA) crypto rising on Iagon’s Ethereum-Cardano bridge news?

June 01, 2022 01:40 AM AEST| By Rupam Roy

Highlights: Cardano is a proof-of-stake blockchain platform that claims to enable creators or "visionaries" to bring a positive global change. The token is available for trading on exchanges like Binance, Bittrex, etc. It returned over 22% gai.....

Can Constellation (DAG) crypto end its bearish run soon?

June 01, 2022 12:32 AM AEST| By Manu Shankar

The Constellation (DAG) crypto has had tough few months so far. Constellation crypto, which primarily uses the directed acyclic graph architecture to achieve a consensus, has been down over 44.3% in the past 30 days. Even on 30 May, the token witn.....

Thorchain (RUNE) crypto rallies over 9%. Here is why?

June 01, 2022 12:27 AM AEST| By Manu Shankar

While the crypto market has been struggling with extreme volatility in the past few weeks, THORCHain (RUNE) seems to be making merry in the same period. With the volatility and fear factor gripping the market due to the May crypto crash, very few c.....

What is Synthetix (SNX) crypto? Will it continue rising?

May 31, 2022 10:57 PM AEST| By Versha Jain

Highlights Synthetix is a decentralized synthetic asset issuance protocol. SNX is an Ethereum-based ERC20 standard token. Synthetix (SNX) is the official launch partner of Velodrome, a trading and liquidity marketplace, launching on May .....

Axie Infinity rebounds as volume jumps 400%. Why is it rising?

May 31, 2022 08:22 PM AEST| By Raza Naqvi

Highlights Axie Infinity is a blockchain-based trade and battle game. The AXS (Axie Infinity Shards) crypto is the governance token and holders can use it to participate in voting for important decisions. On May 31, the Axie Infinity ecosystem.....

What’s the reason for Verasity (VRA) crypto’s uptick?

May 31, 2022 06:55 PM AEST| By Manu Shankar

Highlights Built on top of the Ethereum platform, Verasity crypto (VRA) is the next-gen video and content sharing platform aimed at creating a fair system for the creators to earn from their work. On Tuesday, the Verasity token was witnessing a.....

ASX 200 sheds 1.03% as tech, telco and banking stocks lead losses

May 31, 2022 06:39 PM AEST| By Sukriti Nair

DP numbers. After Monday’s glittery opening, the ASX 200 witnessed a quick turnaround today. The benchmark index dropped 1.03% to 7,211.20 and traced below its 125-day moving average. Though in the last five days, the index has gained 1.16...

Here’s why ACCC sued Mastercard over retailer deals

May 31, 2022 06:07 PM AEST| By Toshiva Jain

Highlights The Australian Competition and Consumer Commission (ACCC) has accused Mastercard of substantially trying to lessen competition in debit card acceptance services. According to the ACCC, the said activity began in 2017 during Reserve B.....

Oil hits two-month high as China eases COVID-19 restrictions

May 31, 2022 05:56 PM AEST| By Arpit Verma

Highlights Crude oil prices soared to two-month high on Monday. The current surge in oil prices has been witnessed after two consecutive weekly gains. China’s economic capital, Shanghai announced to end its two-month-long COVID-19 lockdo.....

Canada's Newton crypto exchange hacked? Find out more here

May 31, 2022 05:25 PM AEST| By Raza Naqvi

In Canada, crypto investors stay alert as QuadrigaCX, probably the largest cryptocurrency exchange in the country, halted operations in 2019. QuadrigaCX was a subsidiary of Quadriga Fintech Solutions, which filed for bankruptcy with liabilities of.....

Latest drilling confirms multiple stacked Au & Ag lenses at Shree Minerals’ (ASX:SHH) Rock Lodge

May 31, 2022 04:57 PM AEST| By Arpit Verma

Highlights Shree Minerals has intersected multiple stacked Gold & Silver lenses at the Rock Lodge prospect. New drilling results coupled with previous drilling map out a mineralised envelope that’s 60m wide. Shree plans to drill two .....

What to expect from Australia’s Q1 GDP data due tomorrow?

May 31, 2022 04:43 PM AEST| By Akanksha Vashisht

Highlights The upcoming GDP data for the March quarter is expected to be significantly lower than the previous quarter’s data. Big four banks have projected dismal economic growth figures for the March quarter. Consumer spending has kept.....

Why is Waves (WAVES) crypto buzzing today with over 100% gains?

May 31, 2022 04:40 PM AEST| By Sonal Goyal

After plunging by over 90% from its 31 March high of US$54.61 to US$4.39 on 27 May 2022, Waves (WAVES) crypto is showing some signs of pullback in the last 24 hours, in-line with the overall crypto market. At the time of drafting this article, W...

More pain ahead for Aussie housing sector as interest rates rise

May 31, 2022 03:52 PM AEST| By Akanksha Vashisht

The average Aussie mortgage holder is facing immense pressure as the pandemic-induced economic adversities show no signs of a reversal. Most global economies have emerged out of the economic slump encountered during the pandemic. However, bigger pr.....