News
TSX edges up as oil prices hit 7-year high, Nuvei among top gainers
October 05, 2021 04:30 PM AEDT| By Team Kalkine MediaCanada’s TSX Composite Index closed in the green, up 131.18 points or 0.65 per cent Tuesday, October 5. The energy sector continued to gain after the OPEC+ declined calls for increasing oil production even more, and grew another 2.8 per cent. B...
Why Musk’s tweet about his dog did wonders for Shiba Inu
October 05, 2021 02:58 PM AEDT| By Jasmine AnandHighlights Elon Musk can't let go his temptation of tweeting about cryptocurrencies, especially meme-themed crypto coins. Recently, he posted a picture of his pet Shiba Inu, Floki, which led to the price rise of the coin. Many opine that it in.....
Facebook restores services after nearly six-hours of outage
October 05, 2021 01:22 PM AEDT| By Furquan MoharkanHighlights All three social media services owned by the company– Facebook, Instagram and WhatsApp were functional only after a global outage of almost six hours. Outage detector Downdetector said that it was the largest failure with arou.....
Iron ore futures dip amid intense emission curbs in China
October 05, 2021 01:15 PM AEDT| By Arpit VermaHighlights The prices of iron ore plummeted to record low levels on the back of an ongoing power crunch in China. More than four-fifths of the country's steel mills have suspended their operations in September for maintenance. Australia believ.....
What’s Pandora Papers all about?
October 05, 2021 12:38 PM AEDT| By Furquan MoharkanThe Pandora Papers – pegged as the world’s largest expose of hidden wealth – is a collection of almost 12 million leaked documents that reveal tax avoidance and, in some of the cases, money laundering. The names exposed in it includ...
US markets retreat as technology stocks dip
October 05, 2021 08:37 AM AEDT| By Sanjeeb BaruahBenchmark US indices retreated on Monday, October 4, dragged down by losses in technology and communication stocks amid mixed signals. The S&P 500 fell 1.30% to 4,300.46. The Dow Jones was down 0.94% to 34,002.92. The NASDAQ Composite fell 2.14%...
Top 5 cryptocurrencies available for under $1
October 05, 2021 03:06 AM AEDT| By Ankit SethiHighlights One of the meme coins mentioned here is famous and has a multi-billion dollar market cap but is priced under one dollar apiece. Cheap cryptocurrencies may provide a chance to increase wealth in a shorter time but they are also ri.....
Top 5 events to follow in Canadian markets on October 4
October 05, 2021 01:07 AM AEDT| By Shreya BiswasAfter closing September 2.5 per cent lower on Thursday, the S&P/TSX composite index began the month of October on a better note on Friday, October 1. The benchmark stock index was up by 80.62 points, or 0.4 per cent, to close at 20,150.87, alt.....
What makes CKB such a viable crypto for investors
October 05, 2021 12:21 AM AEDT| By Manu ShankarThe Nervos Network is an opensource blockchain ecosystem which has been on a high off late. It has had a good run the market, especially with the Altcoin boom and is considered to be one of the strongest tokens to invest. It is governed by its nati.....
5 best crypto debit cards available in UK
October 05, 2021 12:13 AM AEDT| By Manu ShankarThe cryptocurrency industry today has not only expanded in terms of market capitalisation, but it has also diversified into different fields such as NFTS, DeFis etc. Today investors are seeking new ways into invest in cryptocurrencies to maximise t.....
Middle-aged Canadians warming up to ecommerce & online brokers
October 04, 2021 11:53 PM AEDT| By Ankit SethiSource: Pixabay.com People are using e-commerce more. A simple reason for this can be the outbreak of the pandemic and the resulting restrictions on movement. Let’s understand how middle-aged people are using e-commerce and how this can al...
Top 10 cryptocurrencies to mine in 2021
October 04, 2021 11:00 PM AEDT| By Ankit SethiHighlights Ether’s mining process can change after Ethereum shifts completely to a proof-of-stake consensus mechanism. Ethereum Classic is not Ether but an Ethereum fork and can be mined using GMiner. On this list are a few ‘.....
Should you invest in FTX (FTT) token despite volatility?
October 04, 2021 09:12 PM AEDT| By Manu ShankarFTX (FTT) has been on a revival trend of late. After seeing weeks of low, the FTT token has shown revival of sorts from 27 September on the initial part of the trading session on 4 October, before seeing red once again. The FTT has struggled for a.....
Should UK investors go for HNT token?
October 04, 2021 07:04 PM AEDT| By Manu ShankarHelium (HNT) crypto is an open-source protocol which was developed for Internet of Things (IoT) devices. Being decentralised in nature, HNT allows low-powered wireless devices to communicate with each other and transmit data across through a networ.....
TSX falls with tech & healthcare down, loonie up 5 days in a row
October 04, 2021 04:30 PM AEDT| By Team Kalkine MediaCanada’s TSX Composite Index was down 98.62 points or 0.49 per cent Monday, October 4. The energy sector continued its consistent gains and was up over two percent on the back of the oil crisis, but bar that, all sectors were in the red and pre...
Which companies accept Dogecoin as payment?
October 04, 2021 03:35 PM AEDT| By Jasmine AnandEarlier, when somebody talked about making purchases through a QR scan, transferring cryptocurrency from one wallet to another, it sounded like a process related to sci-fi. But, in present times, it has become a reality, as more and more retail out.....
Should My Investment Portfolio Include Bitcoin?
October 04, 2021 12:45 AM AEDT| By Daniel Paul JohnsA question often posed by those looking to get a decent return on their money is: what’s a good investment asset? Offer up Bitcoin as a suggestion and many people will scrunch their noses as if they’ve just been offered a warm glass of .....
Merck’s drug raises hope for oral COVID-19 treatment
October 03, 2021 07:48 PM AEDT| By Anam SiddiquiMerck and Co (NYSE: MRK) and Ridgeback Biotherapeutics have announced promising results from the Phase 3 Clinical trial of a new oral drug, molnupiravir. The drug could reduce the risk of hospitalization and death due to COVID-19 by 50%. The positi.....
Tesla’s (TSLA) robust sales beat expectations despite chip shortage
October 03, 2021 05:01 PM AEDT| By Anam SiddiquiTesla, Inc. (NASDAQ: TSLA) continues to make a splash in the global automotive industry on the back of its growing sales and out-of-the-box plans. The Palo Alto, California-based Company reported the sales of 241,300 electric vehicles worldwide, ex.....
Uncertainty around economic recovery deepens amidst the global supply chain crisis
October 03, 2021 05:00 PM AEDT| By Anam SiddiquiHighlights The rise in demand in the past couple of months has resulted in a global supply chain crisis. The demand for energy, goods, labour and transportation has surged significantly across several economies. The energy crisis h.....