News

Volatility on rise; markets gripped with fear

The volatility in Wall Street has shown a massive spike in the past one month, while the fear has been visible – a trend which may lead to furth...

US Proposes 15% Tax On Global Corporate Profits

Summary Treasury Department eyes 15% minimum corporate tax on overseas profits of US companies. OECD estimates that countries lose US$240 bill...

US Markets End Mixed As Stocks Retreat

The S&P 500 and the tech-heavy NASDAQ Composite Index closed lower, while the Dow Jones Industrial Average saw muted gains on Friday, May 21, as i...

How will Electric Vehicles help Australia tackle the climate crisis?

Electric cars are robust, can cover extensive distances with a single charge. Besides, they are turning out to be affordable. Having said so, it is im...

Post Crypto Crash, What Are Bitcoin's Resistance & Support Levels?

After the cryptocurrency market crash on Wednesday, May 19, Bitcoin (BTC) has settled at its support level of US$ 38,000 for the last two trading days...

Did the end of Jobseeker Subsidy really Impact Unemployment in Austr...

Summary The Australian Unemployment rate has fallen to 5.5% as per the Australian Bureau of Statistics. The current statistic is slightly above the...

Elon Musk Calls for Renewable Energy Audits by Bitcoin Miners

Tesla (NASDAQ:TSLA) CEO and Bitcoin flip-flopper Elon Musk said on Thursday that concerns about Bitcoin’s environmental impact could be addresse...

US Stocks Rebound On Upbeat Labor Data

All benchmark US indices closed higher on Thursday, May 20, halting a downward trend witnessed in the past three days, as stocks bounced back sharply...

Crypto Market Rollercoaster: Musk's ‘Manipulation’ Or Frenzied Buyin...

The cryptocurrency market saw an unusual convergence of bearish fundamentals on Wednesday, May 19, triggering a massive plunge across all digital coin...

How did the Latest Crash affect Cryptocurrencies’ YTD Returns?

Summary Several major cryptocurrencies experienced devastating dives yesterday, including Bitcoin and Ethereum. Although many cryptocurrencies los...

Just How Tethered is Tether?

Summary Tether is what’s known as a ‘stablecoin’ which is a crypto somehow tied to an external source like currency or precious r...

Victoria rolls out budget, to pump billions in the healthcare space

The healthcare space has come out as priority in the Victoria’s provincial budget for 2021-22, as the COVID-19 pandemic exposed the fault lines...

Is the wild ride still on for these five cryptocurrencies?

Summary The crypto space seems to have taken a tumultuous U-turn, having enjoyed a one-sided rally since October last year. China has knocked out...

Altan Rio (TSXV:AMO) beefs up Southern Cross exploration with Pilot...

Summary Altan Rio holds a strong land position in a premier gold province of Western Australia. The Southern Cross North project has near term cas...

Is US getting ready to tighten monetary policy? Fed drops hawkish hi...

Summary The Fed has said that it would tighten the monetary policy, if the economy improves. The Fed hints at truncating its bond purchases progra...

Five cryptocurrencies that lost more than 50% in 24 hours

The cryptocurrency market has collapsed – marking its biggest single day loss in history. Bitcoin crumbled by 30% while Ethereum plummeted 44% -...

Australia’s wage growth shows signs of recovery, but public sector r...

The Australian Wage Price Index, a key indicator to gauge overall health of an economy, grew at a subdued rate in the first three months of the year,...

Six Major Gold Miners with Massive Reserves

Summary Gold prices have been edging higher over the weaker US dollar and growing inflationary pressure. China, Russia, Australia, Canada, and the...

Coinbase Stock Hits Record Low As Bitcoin Nosedives

Summary Coinbase stock marked its record low of US$208 in Wednesday’s trading. Bitcoin plunged as much as 29 percent before regaining some o...

US Stocks Plunge In Broad Rout, Bitcoin Sees Record One-Day Fall

US stock markets continued a losing streak on Wednesday, May 19, as losses across all sectors deepened amid a dwindling risk appetite among investors...