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Forta crypto: All you must know about this cybersecurity token
June 16, 2022 09:13 PM AEST| By Raza NaqviCybersecurity in cryptocurrency is more important than ever, as we have witnessed major hacks recently. Forta, a cybersecurity firm, aims to address this by attempting to create a crypto-first version of centralized cyber organizations such as Crow.....
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Is KNC crypto’s rally here to stay?
June 16, 2022 06:57 PM AEST| By Manu ShankarKyber Network Crystal v2 (KNC) crypto is primarily a multi-blockchain trading and liquidity exchange, which ensures liquidity at best possible rates. The primary goal of the KNC crypto is to ensure that DeFi DApps and DEXs can do instant trades and.....
ASX 200 extends losses as Fed rate hike weakens investor sentiments
June 16, 2022 06:26 PM AEST| By Priyanka PayalHighlights Today, ASX 200 gave up initial gains to close 0.15% lower at 6,591.10 points. Over the last five days, the index has lost 6.11%. Seven of 11 sectors closed lower; A-REIT emerged the best performing sector. Globally, investors are v.....
PLS, SYA, CXO: These ASX mining stocks gained over 50% in last one year
June 16, 2022 06:10 PM AEST| By Bhawna GuptaHighlights ASX 200 Material Index was 0.38% up today and the index closed at 16,913.60 points. Mining companies like Core Lithium, Sayona Mining, and Pilbara closed in green today. Australia's stock market gained on Thursday (June 16), pow.....
WHC, YAL, NHC, ATU: How are rising coal prices impacting these ASX stocks?
June 16, 2022 04:50 PM AEST| By RitwikaHighlights The energy sub-index of ASX was in the green territory today Most of the coal producers have performed significantly well on the ASX over the past one year Coal prices have been on an uptrend and are likely to remain high in the.....
NVX, RNU, SYR, QGL: A look at four ASX-listed graphite stocks
June 16, 2022 04:08 PM AEST| By Priyanka PayalHighlights The benchmark index ASX 200 showed some signs of recovery on Thursday and was up 0.35% at 6,624.30 points at 1:46 PM AEST Renascor Resources Limited shares surged over 14% today after the company reported more high-grade graphite int.....
How Gauff and Murakami NFTs are faring as Bill Gates bashes cryptoassets
June 16, 2022 03:45 PM AEST| By Ankit SethiHighlights Coco Gauff’s NFTs are launched as a part of a wider collection by Autograph, an NFT platform Takashi Murakami, a Japanese artist, has apologised to his NFT holders for “stagnant” prices Bill Gates’ criticism .....
Identitii (ASX:ID8) shares gain over 22% on Rabobank deal
June 16, 2022 03:32 PM AEST| By Aditi SarkarShares of Identitii Limited (ASX:ID8) soared over 22% to AU$0.055 during afternoon trading hours on 16 June 2022. The uplift was triggered by a company update on a licence agreement with Rabobank. Identitii has signed a five-year Software Licence .....
How is Musgrave Minerals (ASX:MGV) positioned at its flagship Cue Gold Project?
June 16, 2022 03:26 PM AEST| By Mohammad ZaidMusgrave Minerals Limited (ASX:MGV) has been sharing back-to-back key critical developments at the Company’s flagship Cue Project. The project comprises of two major trends, including a western trend and a very high-grade trend along the Bre.....
Mount Burgess receives assay results from Nxuu deposit, resource estimate on Kihabe progresses
June 16, 2022 03:20 PM AEST| By SukritiHighlights Mount Burgess Mining NL (ASX:MTB) has received further assays from three more of the 18 holes drilled into the Nxuu Deposit last year. The Company will engage an independent consultant to conduct a resource estimate compliant with th.....
CBA, WBC, ANZ: How are these ASX bank stocks faring post Fed rate hike?
June 16, 2022 02:14 PM AEST| By Sukriti NairThe US Federal Reserve lifted its official interest rate by 0.75 percentage point on Tuesday night (June 15) in order to combat the highest inflation in four decades. Wall street stocks rallied cheering the move. The ASX futures were up 0.3% at aro.....
Crypto Catch: Bitcoin falls to dangerous level, escapes major selloff
June 16, 2022 02:12 PM AEST| By Daniel Paul JohnsHighlights Last night, the world’s largest cryptocurrency, Bitcoin, almost fell below a critical support level, which might have spelt disaster for the entire crypto industry Meanwhile, Microsoft founder, Bill Gates, has blasted digital a.....
US Fed's monster 75 bps rate hike; how did ASX 200 shares respond?
June 16, 2022 01:19 PM AEST| By AshishHighlights The US Federal Reserve has hiked interest rates by a three-quarter of a percentage point. The Fed also said that either a 50 or 75 bps rate increase at its next policy meeting seemed most likely. The Australian share marke...
Up 70% in 24 hours: Why is Aragon (ANT) crypto racing higher?
June 16, 2022 01:05 PM AEST| By Ankit SethiHighlights BTC and other cryptos are rising at the moment, but the ANT token has appreciated more Aragon claims to provide DAO services to developers, with tokenisation for the community The ANT crypto has lost on a year-to-date basis, with pr.....
Minimum wage hike: How will it impact inflation and RBA interest rate decision?
June 16, 2022 12:47 PM AEST| By Akanksha VashishtHighlights The Fair Work Commission (FWC) has increased the minimum wages by 5.2% as cost-of-living pressures increase. Higher wages are often associated with job losses and can contribute to ongoing inflation. An increase in wages could force.....
Lithium Australia (ASX:LIT) JV partner discovers first pegmatite lens at Greenbushes South Project
June 16, 2022 12:21 PM AEST| By Nitish KumarHighlights Lithium Australia’s JV partner has delineated 18 key target zones for lithium pegmatites at Greenbushes South Project. A follow-up mapping and sampling of the first target site resulted in a pegmatite outcrop lens of 200m X 40m.....
ASX 200 breaks four-day losing streak in morning trade, gains nearly 1%
June 16, 2022 11:59 AM AEST| By Priyanka PayalHighlights The Australian share market opened higher today breaking its four-day losing streak A relief rally on Wall Street boosted investors’ sentiments Eight of 11 sectors traded higher in the first hour of trade The benchmark AS.....
Bill Gates' crypto remark: What is greater fool theory?
June 16, 2022 11:13 AM AEST| By Ankit SethiHighlights Bill Gates has commented on both cryptos and NFTs, but this has not impacted Bitcoin’s price Finding another ‘fool’ to purchase goods at a higher price is what the greater fool theory is all about The total market .....
IPL, GNC, LYC: Why these ASX shares rose over 2% despite weak market
June 16, 2022 08:49 AM AEST| By Ashishow. Australian shares traded on a weak note on Wednesday, triggered by the US inflation data for May. The domestic market’s decline was led by losses in the IT, A-REITs, and energy sectors. The ASX 200 closed Wednesday 1.27% down to hit...
ASX 200 to rise; Wall Street soars after Fed hikes rates by 75 bps
June 16, 2022 07:56 AM AEST| By Ashisher. The Australian share market is likely to rebound on Thursday following a robust overnight trade on Wall Street. The US stocks rose after Federal Reserve hiked interest rates by 75 basis points, the biggest increase since 1994, and assured...
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