News
Top Nine Crypto Market Developments of 2021
December 30, 2021 04:04 PM AEDT| By Daniel Paul JohnsHighlights By the end Bitcoin’s crash, which lasted until late July, Bitcoin had lost more than half its value to fall below US$30,000 Ethereum’s overall performance has been very positive despite woes pertaining to delays to its up.....
Crypto Catch: Is Omicron to blame for crypto market fall
December 30, 2021 03:53 PM AEDT| By Daniel Paul JohnsHighlights While Ethereum is up 400 percent for the year, it’s on pace for its worst monthly price performance since March 2020 Bitcoin is now valued at approximately US$46,400 Oasis Network (ROSE) has gained traction recently in the fac.....
Saudi to host Future Minerals Summit, eyes on mining companies’ renewable energy plans
December 30, 2021 04:14 AM GMT| By Arpit VermaHighlights Engineers across the whole world are trying their best to get the most out of the minerals to reduce greenhouse emissions. Saudi Arabia is hosting The Future Minerals Summit (FMS) in Riyadh on January 11-13. The demand for metals is.....
Crude oil rises on falling US inventories
December 30, 2021 02:26 AM GMT| By Arpit VermaCrude oil prices reached their highest level since November on Wednesday offsetting concerns that rising cases of coronavirus across the globe might dent the demand. The significant rise in the prices of both the benchmarks was underpinned by the r.....
Inside the NFT market’s meteoric rise in 2021
December 30, 2021 12:29 PM AEDT| By Aditi SahaIf you have not been living under the rock, you already know that non-fungible tokens (NFTs) are all the rage now. The craze for NFTs has exploded in popularity, thanks to the rise of crypto. Cryptos are the key to the meta world or virtual world,.....
Now, ProShares plans to launch metaverse-themed ETF, seeks SEC nod
December 30, 2021 09:40 AM AEDT| By Rupam RoyHighlights ProShares has filed with the US SEC to launch a metaverse-focused ETF. If approved, the proposed metaverse ETF will track the performance of the Solactive Metaverse Theme Index (SOMETAV). The top components of SOMETAV are Apple, Nvi.....
El Salvadorans complain of missing Bitcoins from government-issued crypto wallets
December 30, 2021 09:37 AM AEDT| By AshishMonths after El Salvador became the first nation to recognise Bitcoin as legal tender, hundreds of its citizens have taken to Twitter to report about missing Bitcoins from their government-issued crypto wallets. The people have claimed that Bitcoin.....
US stocks close mixed after choppy session
December 29, 2021 01:57 PM PST| By Versha JainBenchmark US indices closed mixed on Wednesday, December 29, after a choppy trading session as traders took a breather ahead of the New Year holidays. The S&P 500 climbed 0.14% to 4,793.06. The Dow Jones rose 0.25% to 36...
Best cryptocurrency for 2022: Here’s what you need to know!
December 30, 2021 03:02 AM AEDT| By Ankit SethiCalendar 2021 was a strange year. The pandemic did not go away completely, but economic conditions improved, with new jobs added. At the same time, inflationary pressures took some sheen off, prices of even basic commodities rose sharply. It was n.....
FTSE 100 on a ‘Santa Claus' rally surges to 22-months high
December 29, 2021 03:11 PM GMT| By Sreenivas D AjankarUS Markets: The US market is expected to have a flat opening amid a record rise in daily new cases in the country. In the premarket trading, S&P 500 was trading up by 4 points or 0.10% at 4,783, while the Dow Jones 30 futures was up by 0.08% or 2...
What is Livepeer (LPT) crypto? Is it a good investment?
December 29, 2021 09:14 PM AEDT| By Ankit SethiThe cryptocurrency investment space differs from the traditional stock market. In stocks, it is usually the high market cap, blue-chip stocks that are closely tracked, but in cryptos, a low market cap asset is closely watched by investors as it can.....
Bitcoin’s Fall Continues. What’s Ahead For 2022?
December 29, 2021 07:06 PM AEDT| By Daniel Paul JohnsHighlights Bitcoin experienced some Christmas cheer, jumping US$3,000 on December 24 to hit US$51,500 where it hovered throughout Christmas Day and Boxing Day Bitcoin’s capacity as a store value will be tested in 2022 as inflation inc.....
What is CAP crypto & why its volume soared over 293,665,275%?
December 29, 2021 07:04 PM AEDT| By Raza NaqviHighlights The Capital.Finance project was established to develop a DeFi wallet for staking and other services. Finance is designed to distributed tokens within a specific time period to ensure transparency. The CAP crypto is the native utilit.....
90% Bitcoins mined: What does the future hold for BTC?
December 29, 2021 06:54 PM AEDT| By Aditi SahaHighlights In December, BTC announced that 90% of all its 21 million Bitcoins had been mined. Crypto analytics firm Chainalysis estimates 3.7 million Bitcoin have been "lost," with reasons ranging from someone's death to losing one's priv.....
Which metaverse cryptos made the headlines in 2021?
December 29, 2021 05:31 PM AEDT| By Aditi SahaHighlights The metaverse brings the entire physical world to your being, virtually. In 1992, Neal Stephenson proposed the term "metaverse" in his novel “Snow Crash”, which described a "metaverse." The rebranding of Facebook as "met.....
Is Gibraltar ready to become the first crypto hub worldwide?
December 29, 2021 05:26 PM AEDT| By Jasmine AnandA piece of welcoming news for all the crypto lovers is that the British Overseas Territory, Gibraltar, has expressed its likeness to become the first cryptocurrency hub across the world. Related Read: The race to adopt Bitcoin: After El Salvador, .....
Will Shiba Inu bubble burst in 2022?
December 29, 2021 05:10 PM AEDT| By Aditi SahaThe world is currently entranced in a crypto fever. A hot topic among investors, crypto has seeped into popular culture. As a result, cryptocurrencies have evolved into one of the oddest financial crazes in human history as of 2021. Among the many.....
New Year’s Eve weather forecast delivers mixed bag across Australia
December 29, 2021 05:54 AM GMT| By SamtaHighlights BOM issued critical weather warnings for Eastern Asia at New Year’s Eve. Melbourne can hit 38C, making it the second hottest day in 2021. Fire services will work as per events following the severe heatwave warnings .....
All you need to know about Ryoshi – Shiba Inu’s mysterious creator
December 29, 2021 04:21 PM AEDT| By Aditi SahaWho is the creator of meme crytpo Shiba Inu? Is the creator a he or a she? Is the Shiba Inu founder from Japan? There are endless unanswered questions about ‘Ryoshi’ – the so-called Shiba Inu’s creator, whose .....
Crude oil rises despite rising Omicron concerns
December 29, 2021 03:21 AM GMT| By Arpit VermaHighlights Crude oil prices rose on Tuesday. Both the contracts reached their highest level in a month, strengthened by boosting US equities. Omicron-induced staff shortages led to various flight cancellations Crude oil prices rose on Tue.....