News

The fall of Afghanistan’s economy & the rise of humanitarian crisis
November 20, 2021 01:00 AM AEDT| By Toshiva JainHighlights Summer 2021 changed the lives of thousands of Afghans completely. Recently a report published by the United Nations disclosed that more than 20 million people in Afghanistan are facing food insecurity. Afghanistan is standing on the.....

Gina Rinehart's fortune shines, while Roy Hill makes $4.4B profit
November 19, 2021 09:07 PM AEDT| By Aditi SahaHighlights Rinehart's Roy Hill made a record $4.4 billion profit as commodity prices and exports soared. Rinehart's journey was not easy, as she was burdened by massive debt, but she eventually emerged from it. Within five years, she has .....

Australia, take a deep breath. Busiest auction week is here!
November 19, 2021 06:20 PM AEDT| By Aditi SahaHighlights The busiest auction week of the year is approaching Sydney. Over a thousand homeowners are looking forward to selling their homes. Since early October, when restrictions were loosened, auction volumes have soared by 91.1%. .....

Will Victoria come back to life with COVID-19 restrictions ease?
November 19, 2021 05:48 PM AEDT| By Sukriti NairHighlights Victoria to hit 90% double vaccination milestone for above 12 on the weekend. Wide-ranging easing of COVID-19 restrictions across Victoria. Masks no longer a regulation in most settings. Life in Victoria is likely to come.....

Does Coinbase co-founder's unveiling of US$2.5 billion funds indicate an industry boom?
November 19, 2021 04:19 PM AEDT| By Jasmine AnandCrypto fever continuous to rise among its admirers. In fact, with the current wave of investor interest, jaw-dropping fundraises in the cryptocurrency market are the in thing. Source: Copyright © 2021 Kalkine Media One such move has been .....

Contact (NZX:CEN): How would NZ become a 100% renewable electricity market?
November 19, 2021 03:21 PM AEDT| By SonalHighlights Contact aims to lead decarbonisation of NZ. Contact has proposed forming a new entity called ThermalCo to retire all thermal generation assets of NZ as a new renewable generation is built. The Company will help in accelerating the s.....

CBA’s crypto foray a turning point? Will other Big 4 banks follow suit?
November 19, 2021 02:57 PM AEDT| By Daniel Paul JohnsHighlights The CBA has partnered with crypto exchange Gemini to roll out crypto services for its 6.4 million app customers In September, the CBA and other banks came under fire for the practice of ‘debanking’, which is when banks ba.....

US markets close mixed after jobs data
November 19, 2021 09:45 AM AEDT| By Versha JainBenchmark US stock indices closed mixed on Thursday, November 19, after the latest government data showed jobless claims and layoffs declined last week, showing signs of an economic recovery. The S&P 500 increased 0.34% to 4,704.54. The Dow Jone...

Crypto lovers, how much will you pay to own a copy of the US Constitution?
November 19, 2021 01:38 AM AEDT| By Kiara KhannaThe digital world we live in has left no stone unturned in creating endless possibilities for exclusive assets. And this time, the mighty US Constitution is the latest craze. A rare 1787 copy of the US Constitution is set to be auctioned on Th...

5 altcoins investors that may come out on top by January 2022
November 18, 2021 11:21 PM AEDT| By Ankit SethiBitcoin has gained nearly 100 per cent, Ether nearly 500 per cent so far in 2021. But the real crypto stars of 2021 are altcoins like Dogecoin and Axie Infinity with 5,000 per cent and 20,000 per cent respectively. There is one more reason to look.....

Domino Effect: Can Crypto Resist Its Sell-Off Spiral?
November 18, 2021 08:48 PM AEDT| By Daniel Paul JohnsIs history about to repeat itself? The past few days have seen the crypto market lose hundreds of billions of dollars, which has compelled some experts to worry that this might result in a domino effect – something the market experienced arou.....

Crypto loses steam: Why is bitcoin trading below US$60K?
November 18, 2021 08:36 PM AEDT| By Aditi SahaIf you enter the crypto realm, you may feel a winter chill, as investments in Bitcoin turn red. The panic is evident as traders recall disastrous implications of the previous crypto bear market of 2017. Bitcoin took nearly three years to reco.....

Is India about to ban cryptos? Here’s what might happen
November 18, 2021 07:14 PM AEDT| By Ankit SethiThere is a lot happening in the crypto world apart from Bitcoin scaling new peaks and meme token Shiba Inu soaring in value. In July, a time when crypto watchers were focused on BTC losing as much as half of its value, Senators were debating the i.....

What led to ARCx’s 2,000,000% rise & fall? What's the price prediction?
November 18, 2021 06:38 PM AEDT| By Ankit SethiHighlights ARCx network aims to add credit history to on-chain addresses to make DeFi lending secure Lately, the linked ARCx coin gained some 2,000,000 per cent and then erased all the gains What led to this sudden massive gain and loss?.....

Decoding the premise of the Great Resignation!
November 18, 2021 06:12 PM AEDT| By Toshiva JainHighlights The global economy has entered another dark hour, especially the USA and the European nations- “the Great Resignation”. The trend began after April this year, and it picked up steam in August. Following the US, a s.....

What is CoinMarketCap Earn?
November 18, 2021 04:10 PM AEDT| By Jasmine AnandHighlights As the leading global source providing price and related information regarding cryptocurrencies, CoinMarketCap has launched an educational programme. Known as ‘CoinMarketCap Earn’, users can earn crypto rewards by success.....

Are crypto-based payments the next big thing?
November 18, 2021 03:22 PM AEDT| By Aditi SahaImagine sipping a cup of tea one wonderful morning and getting Bitcoins credited to your wallet. May be in future, you will get paid in Bitcoins instead of cash? Or you will receive Bitcoins as bonuses and incentives. While there is no end to ima.....

Can you cash out your crypto?
November 18, 2021 02:44 PM AEDT| By Daniel Paul JohnsCryptocurrency is fast developing into a mainstream asset class along with stocks and commodities. Although volatile and risky given its lack of legislation and regulation, there’s no denying that 2021 has seen a whole bunch of people get ric.....

Is crypto bull run over? Losses cross $400 billion
November 18, 2021 01:50 PM AEDT| By Daniel Paul JohnsHighlights Bitcoin is now valued at US$59,894 following its record high of almost US$69,000 last week The Perth Heat entered into a sponsorship deal with OpenNode – a Bitcoin payment company Money has been injected into DeFi projects suc.....

Crude oil hits six-week low on recuperated supply concerns
November 18, 2021 01:09 PM AEDT| By Arpit VermaHighlights Crude oil prices slumped on Wednesday. The US urged other major oil consumers like Japan and China to consider a coordinated release of oil reserves to bring down oil prices. The US has considered announcing an emergency release of .....
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