shareLink copied toclipboardDavid Angliss, an analyst with Australia’s leading cryptocurrency investment firm, Apollo Crypto, shares the fund’s regular take on what’s happening in the fast-changing and volatile cryptocurrency space. It’s a sector that Apollo Crypto and its analysts, including David Angliss, certainly feels has some potential to boom at some stage. And, like it has with NFTPerp and another NFTfi protocol, Insrt Finance, Apollo Crypto has allocated a relatively small amount of its investment stack into the project. JPEG’d, Angliss explains, is a decentralised lending protocol on the Ethereum blockchain that enables non-fungible token (NFT) holders to open collateralised debt positions (CDPs) using their NFTs as collateral. “Instead, JPEG’d just has to incentivise the pUSD and pETH liquidity on decentralised exchanges.
ADO makes AnteoX which is a powerful additive that reinforces battery binders, helping maximise performance of silicon containing anodes. “We’re excited by the diverse range of opportunities ahead for ReadyTech leveraging the capability of our talented and dedicated team. CargoWise revenue was $289.2 million, up 50% and driven by growth from existing and new customers including new Large Global Freight Forwarder (LGFF) rollouts. “To supplement our organic growth, we use targeted acquisitions to accelerate the development of the CargoWise product and give us further reach in the global logistics ecosystem,” founder and CEO Richard White said. ENVIROSUITE (ASX:EVS)The environmental monitoring software player grew its Annual Recurring Revenue (ARR) 16.3% in 1H FY23 to $56.9 million – with the Americas the largest region by revenue with ARR up 22.3% on 1H FY22.29 days ago Stockhead
OKR will raise $5.1m to fund its investment in uranium enrichment tech company Ubaryon, as well as advancing the Tallahassee, Maybell and Athabasca uranium exploration projects. Sprott-backed explorer TMR is pulling up more super high-grade gold in drilling at the Elizabeth project in British Columbia, Canada. Last week, it became the latest in a growing list of ASX explorers to acquire a lithium project in the popular Canadian jurisdiction of James Bay, Quebec. The company is now acquiring 22 greenfields lithium exploration licences in Brazil in a similar geological setting to Latin’s Colina deposit, it says. “Brazil is still very much in its infancy with lithium exploration and offers a junior explorer such as Solis an exceptional opportunity to discover a material asset.1 month ago Stockhead
At 8am AEDT, the ASX 200 March futures contract was pointing down by 1 point. And it isn’t just Fed expectations that are rising, traders are also expecting the ECB to send rates much higher. 5 ASX small caps to watch todayNuix (ASX:NXL)Nuix’ half year saw Annualised Contract Value (ACV) of $170.2m, up 3.4% on the pcp. Essential Metals (ASX:ESS)A mining lease has been granted for Essential over the Dome North lithium Mineral Resource in WA, with a term of 21 years. The lease covers 2,408 hectares, encompassing the Dome North lithium Mineral Resource and the surrounding area where the future mining operation infrastructure will be located.1 month ago Stockhead
shareLink copied toclipboardAndrew Forrest’s iron ore major Fortescue Metals Group (ASX:FMG) has dropped its interim payout by 12.8% after a 15% drop in profit after tax to US$2.368 billion ($3.4b). The background to the weaker financial result was a lower realised iron ore price and higher costs on the previous year, with NPAT falling from US$2.777b in H1 FY22, with iron ore prices down from US$96/t to US$87/t and C1 costs up from US$15.28/t to US$17.43/t, with margins falling from US$58/t to US$52/t outside of its Fortescue Future Industries green energy division. It plans to deliver 187-192Mt of iron ore in FY23 at US$18-18.75/t. A few interesting tidbits:Forrest has no intentions of stepping down yet as an executive as Fiona Hick moves across from Woodside to become the new chief executive of the mining giant’s iron ore business. It is still to enter production, in part reflecting the long lead times and issues being seen by producers to add to and ramp up hard rock lithium production.1 month ago Stockhead
shareLink copied toclipboardWell, that was THE single most important set of US CPI inflation data. And how did it affect Bitcoin and the rest of the crypto market? That sounds okay, and there are some crypto market heads who are starting to feel pretty bullish again, it seems. This is just one reason to question whether there is an adequate foundation to support a new bull market. 👀#stocks #crypto pic.twitter.com/snr1UV4uA5 — Justin Bennett (@JustinBennettFX) February 13, 2023And South African crypto identity and podcaster Ran Neuner is definitely bullish.1 month ago Stockhead
Although any drop is a good sign, this figure shows that inflation in the US remains sticky. “This means Wall Street is still confident that we could see just two more quarter-point rate increases,” said Oanda analyst, Edward Moya. The job market in the UK meanwhile remains hot according to figures released last night, as wages excluding bonuses have risen once more in December. Gold prices held up nicely after the inflation report, trading flat at US$1,854.88. 5 ASX small caps to watch todayTempest Minerals (ASX:TEM)Tempest has increased its mineral exploration landholding in the Yalgoo Region by 195km2 to in excess of 1,000km2.1 month ago Stockhead
shareLink copied toclipboardAfter last year’s crypto-exchange Super Bowl ad splurge and subsequent market implosion, you’d think 2023’s Web3 promotion at the NFL’s biggest stage of the year would be non-existent, right? During the preggers-Rihanna-and-commercial-packed extravaganza that was the Super Bowl half-time show, an unwieldily named, Ethereum-based NFT-game project called DigiDaigaku spruiked its wares to a likely mostly bemused telly audience. This meant that telly watchers trying to scan for a free NFT were largely front-run by thousands of Twitter-sweating, NFT-savvy degens. — Popeye (@PopeyesNFTs) February 13, 2023Still, those who were fast enough off the blocks to grab one, might have done quite well from the free mint. Leydon has also been tweeting about another chance for 5,000 of the DigiDaigaku NFTs, which again, involves retweeting and whatnot.1 month ago Stockhead