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Crude futures hit three-year high; what’s driving the rally?
October 06, 2021 06:48 PM AEDT| By Furquan MoharkanThe prices of crude oil in the international markets have surged by a whopping 27% in the past one and a half months as the world continues to face the energy crunch. The December 2021 Futures of benchmark crude were trading at US$83 a barrel, up .....
5 Canadian momentum stocks to buy in October
October 06, 2021 06:35 PM AEDT| By Team Kalkine MediaHighlights Investment in momentum stocks can be risky, one should have a technical evaluation of the stocks and the near-future market trends to avoid loss and earn higher gains. One of the below-mentioned companies posted a return on equity of.....
What is a DApp platform? Is it secure to use?
October 06, 2021 05:46 PM AEDT| By Jasmine AnandHighlights Decentralised applications, popularly known as DApps, are innovative open-source, P2P network, allowing developers to create online tools, which are of the interest to businesses. These new-age software ecosystems are both secu.....
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TSX up as energy falls 2.2% amid looming inflation, loonie down
October 06, 2021 04:30 PM AEDT| By Team Kalkine MediaCanada’s TSX Composite Index rose for the second straight day Wednesday, October 6, marginal though it was. Industrials, IT and utilities were up but all other sectors were down including energy leading to a 0.04 per cent (8.23 points) rise to...
OMG! This crypto is dropping!
October 06, 2021 04:01 PM AEDT| By Daniel Paul JohnsHighlights OMG, has experienced more than a 10% drop in the past 24 hours The OMG network is a layer two scaling solution for the Ethereum blockchain and to address the issues pertaining to its scalability performance The drop experienced by O.....
World View to charge US$68,585 for Epic Balloon Rides to the space.
October 06, 2021 03:58 PM AEDT| By SamtaHighlights World View Enterprises is developing a balloon-based system to carry people to the stratosphere. Passengers will float above the stratosphere on Spaceship Neptune. company is planning to charge US$68,585 per person and is currently.....
Can Bitcoin emerge stronger post China ban?
October 06, 2021 01:38 PM AEDT| By AayushHighlights China had been taking multiple steps since 2013 to curb the entire ecosystem of cryptos. In September 2021, People’s Bank of China had clearly prohibited cryptocurrency transactions or mining. Mammoth institutions flooding mor.....
US stocks edge higher as big tech firms reap gains
October 06, 2021 08:54 AM AEDT| By Sanjeeb BaruahBenchmark US indices bounced back strong to close higher on Tuesday, October 5, boosted by robust gains in the technology sector. Economy-linked stocks also saw significant gains. The S&P 500 was up 1.05% to 4,345.72. The Dow Jones rose 0.92% to...
Tricon (TSX:TCN) eyes US IPO. How to buy the real estate stock?
October 06, 2021 02:57 AM AEDT| By Raza NaqviHighlights Tricon Residential is looking to go public in the US. Established in 1988, Tricon Residential has emerged as of the leading rental housing companies in Canada and the US. Tricon Residential owns more than 33,000 multi-family and sin.....
Nuvei IPO: How to buy the Canadian fintech stock as it plans US debut?
October 06, 2021 01:06 AM AEDT| By Raza NaqviA little over a year after debuting on the Toronto Stock Exchange (TSX), Nuvei Corporation has decided to go public in the United States. The decision comes amid an IPO frenzy that started at the beginning of this year and continues to stay heavy .....
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Will Moonriver recover from lows in near future?
October 06, 2021 12:51 AM AEDT| By Manu ShankarHighlights Launched on 31 August, Moonriver crypto acts as a bridge between Ethereum protocol and a Web3 compatible API. The Kasuma parachain, Moonriver just recently had surpassed 2 million transactions on 16 September. While t.....
Top 5 events to watch in Canadian markets on October 5
October 05, 2021 11:33 PM AEDT| By Shreya BiswasHighlights The S&P/TSX composite index swooped lower on Monday, October 4, as technology stocks noted a significant decline. The primary stock index fell below the 20,000-mark in earlier trading. On Tuesday, October 5, December futur.....
Bitcoin hits $50,000 for the second time in two months
October 05, 2021 10:42 PM AEDT| By Manu ShankarHighlights Bitcoin was trading at US $50,222.44 on Tuesday according to CoinMarketCap The leading cryptocurrency was up by 5.47% in in the last 24 hours and 20.02% in the seven-day period. The latest price surge has pushed Bitcoin&rsq...
Will Facebook’s Diem be a great opportunity for investors?
October 05, 2021 10:12 PM AEDT| By Manu ShankarFacebook has been in thick of things of late. The recent outage of its social media applications on Monday evening didn’t go very well with its plan to launch its ambitious Diem cryptocurrency project. While Facebook termed it a configuration.....
Adventure Gold (AGLD) rises on Binance listing: Know price prediction
October 05, 2021 09:34 PM AEDT| By Ankit SethiHighlights Adventure Gold (AGLD) is the governance token to be used on Loot project, a community based NFT gaming platform Binance has announced inclusion of AGLD in the Innovation Zone that has many new tokens New and innovative tokens can ex.....
Top cryptocurrencies with limited coin supply
October 05, 2021 09:11 PM AEDT| By Ankit SethiThe cryptocurrency world is not homogeneous group. If Bitcoin is a contender to replace fiat currencies like the US dollar, Cardano (ADA) is a peer reviewed platform for decentralized apps. Low supply cryptos have their own attraction. Once the li.....
Propel Holdings IPO: How to buy this Canadian fintech firm's stock?
October 05, 2021 08:40 PM AEDT| By Raza NaqviHighlights The Propel Holdings IPO depends on approval by the Toronto Stock Exchange. Propel Holdings is hoping to list its common shares on the Toronto Stock Exchange (TSX), which is the main stock exchange in Canada. Propel Holdings has part.....
Binance Trading Volume On The Rise Despite Crackdown
October 05, 2021 08:19 PM AEDT| By Manu ShankarHighlights A CryptoComapree report shows that the spot trading volume on Binance stood at US $789 billion in September. Binance’ spot trading volume in July was US $454 billion. Binance’s derivatives volumes jumped almost 25% to US.....
Evergrande contagion spreads: Another Chinese developer defaults
October 05, 2021 08:08 PM AEDT| By Furquan MoharkanHighlights The China Evergrande fiasco seems to be spreading. Chinese developers Fantasia Holdings and Sinic Holdings are in soup over their strained cash flow situations. Fantasia has total liabilities of CNY82.9 billion. The stress eman.....
New Solana Crypto FIDA Making Big Gains
October 05, 2021 05:58 PM AEDT| By Daniel Paul JohnsA new cryptocurrency built on the Solana network has made great gains in the past seven days, growing over 26%. The price of FIDA, which is the native token of the Bonfida network, has rallied recently along with many other digital currencies, exp.....
