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What powered Bitcoin, Ether and other cryptos to shoot up despite China ban
September 27, 2021 06:17 PM AEST| By Chitranjan KumarHighlights Bitcoin price rose 4.4% to trade around US$44,100 on Monday. Ether has made a huge gain of 10% in the past 24 hours. Cardano rose 0.7%, Binance Coin gained 4%, and Dogecoin prices rose 1.7%. Uniswap and SushiSwap emerged as bigge...
Should pharmaceutical companies waive IP rights on COVID vaccines
September 27, 2021 06:10 PM AEST| By Tripti JoshiHighlights Waiving intellectual property (IP) rights would allow additional manufacturers to bypass the IP barriers and manufacture the COVID-19 vaccine. The patent protection waiver can provide some immediate relief in terms of the produ.....
Do you know how much Bitcoin Cash has soared in one year?
September 27, 2021 06:02 PM AEST| By Akanksha VashishtHighlights Bitcoin Cash differs from the largest cryptocurrency, Bitcoin, in many ways, including a major difference in its block size. Bitcoin Cash allows the creation of a peer-to-peer electronic cash system, providing higher liquidity. Bitc.....
China pumping billions into system to soften Evergrande blow
September 27, 2021 05:04 PM AEST| By Furquan MoharkanThe Chinese central bank – People’s Bank of China – has been pumping lot of cash into the system, as property developer China Evergrande’s default looms large on the world’s second largest economy. According to data c.....
Gravitoken: Is This Crypto’s Astonishing Growth Too Good to Be True?
September 27, 2021 03:36 PM AEST| By Daniel Paul JohnsA wise man once said: If something seems too good to be true, it probably is. Or as my grandfather likes to say, “There’s no such thing as a free lunch”. This wisdom can be applied to every facet of life, but it particularl.....
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TSX back in green as energy grows over 3%, loonie up 6 days straight
September 27, 2021 03:30 PM AEST| By Team Kalkine MediaCanada’s TSX Composite Index moved up Monday, September 27, amid surging oil prices, which drove the energy sector by 3.14%. Additionally, the healthcare and base metal sectors were up ~2.35% and 1.88%. However, the gains in the TSX Index were...
How much would you have made in Binance coin in one year?
September 27, 2021 03:26 PM AEST| By Akanksha VashishtBinance exchange has earned the reputation of being one of the most popular crypto exchanges around the world. Consequently, its native crypto, Binance Coin has also gained from this massive success and has jumped significantly in value over the la.....
Asia Pacific markets try to navigate out of Evergrande blues
September 27, 2021 02:05 PM AEST| By Furquan MoharkanHighlights Australia is today’s best performer in the region with 0.94% gain. Shares of Evergrande’s EV arm tanked in Hong Kong. APAC markets are in the green. The equity markets in the Asia Pacific region started the week on .....
Evergrande crisis: China’s debt trap comes home to roost
September 27, 2021 02:04 PM AEST| By Furquan MoharkanIn 2017, when Indian academic Brahma Chellaney coined the term debt-trap diplomacy – a situation where a powerful lending country seeks to saddle a nation with debt so as to increase its leverage over the borrowing nation – it did not hav...
What the Chinese cryptocurrency ban means for crypto investors
September 27, 2021 12:47 PM AEST| By AshishHighlights The Chinese ban on all cryptocurrency transactions has left the digital currency markets in dire straits. On Friday, Bitcoin fell as much as 5%; Ether and other crypto stocks also slipped, sending a panic wave among crypto investors......
Ethereum Killers: 5 Altcoins Challenging Ethereum’s Supremacy
September 27, 2021 12:27 PM AEST| By Daniel Paul JohnsEthereum’s 2021 has been fruitful as its market capitalisation has grown to the point where it reduced the gap between it and the largest cryptocurrency in the market – Bitcoin. However, it hasn’t been all smooth sailing for the .....
Crude oil prices reach 3-year high on US supply disruptions
September 27, 2021 11:46 AM AEST| By Arpit Vermath supplies from Canada and Iraq. Members of OPEC+ struggle to raise their output. Crude oil rose to a near three-year highest levels on Monday. Brent Crude oil futures for December delivery last traded at US$78.05 a barrel, up 1.06%, whereas W...
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UK mulls ban on China’s investment in the nuclear energy sector
September 26, 2021 07:13 PM AEST| By Sreenivas D AjankarThe UK government plans to bring guidelines for the nuclear power stations that would ban the Chinese firms’ investments in the UK nuclear energy sector. The government’s plan to restrict investment from China is because of security con.....
German general election 2021: Who could replace chancellor Merkel?
September 26, 2021 06:29 PM AEST| By Sreenivas D AjankarHighlights Germany is voting today to elect a new chancellor. Eligible voters will cast their votes to elect members for 598 seats across 299 districts. The new government’s biggest challenge will be bringing Germany back on a growt.....
The story of cryptocurrencies – past, present, future
September 26, 2021 12:34 AM AEST| By Rini ZachariahTrading in cryptocurrency is a current fad among many investors looking for making quick money. However, loosing money while trading in crypto is equally possible. A cryptocurrency is a digital currency that uses an online ledger with a stron.....
US indices close week mixed, weighed down by tech stocks
September 25, 2021 07:44 AM AEST| By Sanjeeb BaruahBenchmark US indices closed the trading week mixed on Friday, September 24, pulled down by losses in technology and healthcare sectors amid mixed global cues. The S&P 500 was up 0.15% to 4,455.48. The Dow Jones rose 0.10% to 34,798.00. The NASDA...
A look at the 15 best Canadian startups of 2021
September 25, 2021 04:32 AM AEST| By Shreya BiswasHighlights One of the companies mentioned here won the Insurance Business Magazine’s Digital Innovator Award in the year 2019. MasterCard and ATB Financial have partnered with one of the below fintech companies. One of them was featured .....
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All Crypto Transactions Are Illegal, Says China's PBOC
September 24, 2021 10:36 PM AEST| By Manu ShankarHighlights The People’s Bank of China (PBOC) has said that as cryptocurrencies don’t form a part of the payment system. On Friday, Bitcoin was perhaps one of the first one to react to the statement as its prices immediately dropped .....
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PBOC Says All Crypto-Related Transactions Are Illegal
September 24, 2021 08:22 PM AEST| By Manu ShankarIn a major crackdown on the cryptocurrency market, China’s central bank, The People’s Bank of China, announced that all the cryptocurrencies in the country will now be deemed illegal and should be banned from trading. The People’.....
D2L IPO: How to buy Waterloo-based online learning platform’s stock?
September 24, 2021 07:40 PM AEST| By Raza NaqviHighlights D2L is all set to go public in Canada and is expected to list its shares on the Toronto Stock Exchange. Established in 1999 by John Baker, D2L has emerged as one of the leading private software companies. Investors are searching for.....
