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ASX 200 to fall; oil soars; market awaits economic data
May 31, 2022 07:55 AM AEST| By Ashishay. The Australian share market is likely to inch lower on Tuesday after witnessing broad gains for two straight sessions, while global sentiments were lifted with further easing of COVID-19 curbs in China. According to the latest SPI futures...
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Which side is UK FCA in the crypto debate?
May 31, 2022 01:18 AM AEST| By Manu ShankarThe UK Financial Conduct Authority (FCA), over the years, has not been very keen on welcoming cryptocurrencies. Many within the FCA believe that cryptos pose risks to the financial system, investors, etc. However, of late, the regulator has shown .....
Which side is UK FCA in the crypto debate?
May 31, 2022 12:46 AM AEST| By Team Kalkine MediaHighlights CryptoSprint event explored the issues of how to disclose information related to crypto-assets, custody obligations, regulatory obligations etc. The event had more than 600 applications and 96 attendees. Though still in the early st.....
Can this minor rally end NEXO’s bear run?
May 31, 2022 12:37 AM AEST| By Manu ShankarHighlights The Nexo protocol is a blockchain-based lending protocol that offers users the facility to avail of instant crypto-backed loans. The 66th ranked token on 30 May is witnessing a minor rally on the market as it was up by 1.14% and was .....
Will Ellipsis (EPX) crypto's Version 2.0 rally last the distance?
May 30, 2022 10:43 PM AEST| By Manu ShankarEver since Binance completed the Ellipsis (EPX) crypto completed the token migration on 24 May to the new EPX crypto, the crypto has been witnessing an increased interest from the investors. Although the protocol had completed the migration .....
TRANQ crypto volume is up around 100%: What is Tranquil Finance?
May 30, 2022 08:20 PM AEST| By Raza NaqviHighlights In Canada, potential investors were probably looking for a cryptocurrency called Tranquil Finance. Tranquil Finance is a decentralized finance (DeFi) super application for the Defiraverse on Harmony ONE blockchain. According to Coin.....
How China’s demand expectations impacted commodities last week
May 30, 2022 06:55 PM AEST| By Arpit Vermalast week. Prices of most of the commodities recovered last week. The ease in COVID-19 related restrictions in China, coupled with strengthening market fundamentals and robust demand for commodities against a tightening market backdrop has trig....
ASX 200 ends 1.45% higher amid broad market rally, Tech stocks lead gains
May 30, 2022 06:55 PM AEST| By Sukriti NairASX200 has commenced the new week on an encouraging note, gaining 1.45% to close at 7,286.60 points on Monday. With today’s gains, the index has crossed its 125-day moving average (MVA). In the last week the index was up 1.93%, however, it is.....
Seven Group (ASX:SVW) and Shell agree to develop Crux gas field
May 30, 2022 06:50 PM AEST| By RitwikaHighlights The development of Crux gas field will bring down the rising demand for natural gas. Construction of the Crux will begin this year, and the gas field is expected to produce LNG in 2027. The project’s estimated cost...
PLS, MIN, AKE: 3 ASX lithium shares to watch out for in June 2022
May 30, 2022 06:20 PM AEST| By Bhawna GuptaHighlights Lithium is extensively used in rechargeable batteries. The metal is now considered "the new gold". Many lithium stocks performed well in the past month, including Pilbara Minerals and Mineral Resources. Lithium is considered "t...
RIO, BHP, STO-how are these blue-chips performing today?
May 30, 2022 05:56 PM AEST| By Sukriti NairHighlights ASX200 closed 1.45% up on 30 May. The energy and material biggies like RIO, BHP and Santos also added to their pricing. The ASX200, backed by dairy and tech stocks, closed 1.45% up at 7,286.60 points. Ten out of eleven sectors c.....
How is chip shortage impacting various manufacturing industries?
May 30, 2022 05:37 PM AEST| By Akanksha VashishtHighlights The chip and semiconductor industries have observed a massive slowdown due to supply-chain snags. Consumer demand for electronic devices gathered pace as soon as restrictions were lifted. The supply of chips and semiconductors might.....
What is RSR crypto and why is its price skyrocketing today?
May 30, 2022 05:30 PM AEST| By Raza NaqviHighlights The RSR crypto is the governance token of Reserve, a crypto-powered payment application. According to CoinMarketCap, the RSR crypto is an ERC-20 token launched in 2019 via an initial exchange offering (IEO). The RSR crypto has been .....
Here's why Jindalee Resources’ McDermitt Project deserves attention
May 30, 2022 05:19 PM AEST| By DaminiMineral exploration company Jindalee Resources Limited (ASX:JRL) is leaving no stone unturned to advance the development of its high-value lithium project in the US – the McDermitt project. Jindalee owns a 100% interest in the McDermitt proje.....
Three altcoins to keep tabs on in June as cryptos begin to recover
May 30, 2022 05:18 PM AEST| By Team Kalkine MediaHighlights Altcoins owe much of their popularity to tokens like Ether, Dogecoin, and Shiba Inu The three altcoins mentioned below – APE, TRX & ETC – have had surprising ups and downs These three are also among the top 100 crypt.....
Why DODO (DODO) crypto is catching investors’ attention?
May 30, 2022 05:16 PM AEST| By Manu ShankarHighlights DODO (DODO) crypto is primarily a DeFi protocol for Web3, which promises to offer liquidity for users to trade in multiple assets. On 30 May, the DODO crypto was witnessing a healthy rally of over 33% and a volume gain of over 600%. .....
Elrond (EGLD), Monero (XMR): Things you need to know about these cryptos
May 30, 2022 04:59 PM AEST| By Jasmine AnandHighlights New Zealand’s crypto adoption is growing at a fast pace Elrond is a smart contract platform that focuses on scalability and low transaction fees Monero is created to offer maximum privacy and anonymity. Cryptocurrencies a...
Here’s why Biome Australia (ASX:BIO) share price gained 10% today
May 30, 2022 04:45 PM AEST| By Aditi SarkarShares of Biome Australia Limited (ASX:BIO) edged up by nearly 10% on Monday as the company announced an expansion of its distribution network in Australia. Significantly, the company has signed a material distribution agreement with Australian Ph.....
A2M, BGA, AHF: Why are these dairy stocks in focus today
May 30, 2022 04:38 PM AEST| By RitwikaHighlights ASX-listed dairy stocks have risen on Bubs’ export deal with the US Government. As a result, the stocks have garnered a lot of investors’ attention today. The Consumer Staples sector from the S&P/ASX .....
Renegade Exploration (ASX:RNX) kicks off drilling at Lady Agnes, shares jump 10%
May 30, 2022 03:23 PM AEST| By Mohammad ZaidHighlights Renegade Exploration has commenced a 1,500-2,000m RC drilling campaign at the Lady Agnes Prospect. The drilling campaign aims to test the extent of copper oxides and large underlying IP anomaly. Assay results are expected in the thi.....
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