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Credit Suisse chairman resigns over COVID-19 rules breach
January 17, 2022 09:31 AM GMT| By Sukriti NairGlobal conglomerate’s chairman Antonio Horta-Osorio has quit Switzerland-based bank Credit Suisse, on an internal probe over COVID-19 rules breach. Why is the Credit Suisse top boss quitting? In not just one year after he took charge, Osori.....
Which are the best five cryptos for mining at home in 2022?
January 17, 2022 07:07 PM AEDT| By Aditi SahaHighlights Cryptocurrency mining is a very costly affair and necessitates the purchase of expensive GPUs or ASICs. Mining is, at its core, a process of resolving difficult mathematical problems. Miners are compensated for their work by receivi.....
What led to Cardano’s price rise during weekend?
January 17, 2022 08:04 AM GMT| By Jasmine AnandHighlights Cardano, the fifth most popular crypto worldwide, is seeing the maximum rise in its prices over the past seven days as compared to its peers. It rose by more than 19% since the last week, owing to a boost in investors' confidence. I.....
What is Walmart crypto? Is Walmart launching NFTs?
January 17, 2022 07:00 PM AEDT| By Ankit SethiRetailer Walmart may soon launch its own set of digital goods for metaverse. Walmart is said to have filed multiple trademarks related to virtual goods in December 2021. Though it is being fairly estimated that the retailer can soon jump onto the m.....
Brent Crude hits more than 3-year highs on global supply concerns
January 17, 2022 03:28 AM GMT| By Arpit VermaHighlights Brent crude oil hitting more than 3-year highs on Monday. In the last week, Brent and WTI both rose by 5.4% and 6.3%. Leading oil-producing groups, including OPEC+, are not able to supply enough to meet strong global demand. Cr.....
What role does Layer 2 play in the growth of cryptos?
January 16, 2022 12:59 AM AEDT| By Aditi SahaHighlights In recent years, blockchain has emerged as one of the world's most intriguing emergent technologies. Layer 2 is the moniker given to all blockchain scaling solutions that are constructed on a layer behind the blockchain's main net. .....
Bitcoin back under pressure as crypto bear market looms
January 16, 2022 12:55 AM AEDT| By Daniel Paul JohnsHighlights The world’s largest cryptocurrency has recovered slightly to sit slightly above US$42,000 but it’s still a considerable fall from its record high of US$68,500, which it hit a mere two months ago The tightening of poli.....
Why are NFTs valuable?
January 16, 2022 12:34 AM AEDT| By Ankit SethiHighlights Digital arts of Beeple, CryptoPunk, and even first tweet of Jack Dorsey have sold for millions These are all NFTs – meaning their record of sale is stored in blockchain NFTs come with the same ‘overvalued’ issues t.....
Weekly roundup of FTSE 100 risers and fallers (January – 10-14)
January 15, 2022 12:20 AM GMT| By Sreenivas D AjankarFTSE 100 index went through a choppy trade in the passing week, though it managed a positive close on weekly basis trade towards the end turned weak. Here we are giving the roundup of the top gainers and top losers of the passing week. Top risers...
US stocks end mixed after gloomy economic data
January 14, 2022 01:00 PM PST| By Rupam RoyDow Jones retreated on Friday, January 14, dragged down by the decline in some heavyweight financial stocks after reporting their quarterly earnings results, while gains in the technology stocks fuelled gains in Nasdaq and S&P 500 index. Meanwhi...
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FTSE 100 trade in negative zone despite strong GDP update
January 14, 2022 03:19 PM GMT| By Priya BhandariUS Markets: The early morning trends in the futures indices signal a negative opening for the US stock market. The S&P 500 future was down by 36.1 points, or 0.78%, at 4,622.8, while the Dow Jones 30 futures was down by 0.68%, or 264.1 points, at...
What is TrueUSD crypto? TUSD coin getting investor’s attention
January 15, 2022 01:59 AM AEDT| By Rupam RoyHighlights TUSD is a stablecoin for US dollar that is fixed to US$ in the ratio 1:1 The circulating supply of the token is 1.43 billion It reached its all-time high of US$1.36 on May 16, 2018 The TrueUSD (TUSD) token gained attention from.....
What is Propy crypto & why is PRO token soaring?
January 15, 2022 01:47 AM AEDT| By Versha JainPropy (PRO) is now available on Coinbase.com, Coinbase Android and iOS apps. Starting January 14, users can trade, receive, send, and store PRO tokens on Coinbase and Coinbase Pro. Propy is a decentralized marketplace platform for international re.....
Has COVID-19 pandemic proven more hostile to developing economies?
January 14, 2022 02:35 PM GMT| By Anam SiddiquiHighlights Unlike advanced economies, developing countries would not be able to achieve pre-pandemic economic levels by 2023. As per the WHO, 85% of people in Africa have not received a single COVID-19 vaccine dose, while 36 countries hav.....
Will RBA follow the US Fed & hike rates?
January 14, 2022 02:28 PM GMT| By Priyabrata PrustyThe US Federal Reserve (US Fed) could start increasing interest rate as early as March 2022 and shrink its balance sheet in response to increasing inflation, said James Bullard, President, Federal Reserve Bank of St. Louis on 06 January 2022. The .....
What is web3? Will it be a big theme in 2022?
January 15, 2022 01:24 AM AEDT| By Priyabrata PrustyHighlights In Silicon Valley, web3 is now the hottest topic of discussion with tech titans fighting about it on social media. Web3, used as the abbreviation of Web 3.0, is an umbrella term that envisions the future of internet. What dist.....
From burger flipper to billionaire: The story of CZ, Binance CEO
January 15, 2022 01:16 AM AEDT| By Aditi SahaHighlights Binance CEO Changpeng Zhao is the world’s wealthiest crypto billionaire. According to Bloomberg, Zhao's net worth is US$96 billion. CZ is ranked 11th among the world's wealthiest people, ahead of Indian tycoon Mukesh Amb.....
Ten Cryptos Trading Below US$1 With Good Utility
January 15, 2022 01:10 AM AEDT| By Daniel Paul JohnsHighlights Amp token offers instant and verifiable assurances for any kind of value transfer Tron provides a network where artists can directly connect with their audience, bypassing centralised networks Hedera’s sustainable public.....
5 FTSE stocks you can pick for comfortable retirement
January 14, 2022 01:53 PM GMT| By Priya BhandariHighlights Investor saving for retirement should aim to build passive income by investing in quality stocks, then holding them for long-term and receive regular dividend income. Investors may invest across the diversified mix of high-yielding d.....
Should investors worry about Pakistan’s crypto ban?
January 15, 2022 12:32 AM AEDT| By Manu ShankarHighlights According to a document submitted to the Sindh High Court, the Securities and Exchange Commission of Pakistan (SECP), the Federal Investigation Agency of Pakistan (FIA) and the State Bank of Pakistan (SBP) feel that cryptocurrencies c.....
