News
Why are investors eyeing Nasdaq Listed NIU Technologies?
August 31, 2021 06:56 PM AEST| By Team Kalkine MediaHighlights NIU technologies is a China-based electric two-wheeler maker and seller. The company is listed on NASDAQ. The company has reported robust earnings in its second quarter ending 30 June 2021. NASDAQ listed NIU technologies .....
Why are Coinbase users panicking?
August 31, 2021 06:26 PM AEST| By Suhita PoddarHighlights Widespread panic among Coinbase users was witnessed over the weekend after receiving 2FA reset notices. The leading US crypto exchange took to Twitter to apologise for the incident. Mixed public reactions was witnessed as several us.....
Mining difficulties bog down Bitcoin for the third time this year
August 31, 2021 05:11 PM AEST| By Suhita PoddarCryptocurrency prices were mostly higher as of Friday, but bitcoin (BTC) still continued to be below the US $50,000 (£36,462) mark, in the midst of mining difficulties. According to several mining sites, the blockchain's mining difficulty has.....
Fantom (FTM) price surges; What's behind this NFT's rise?
August 31, 2021 04:18 PM AEST| By Daniel Paul JohnsSource: © Babyd2 | Megapixl.com A clear resurgence is currently happening in the cryptocurrency market following a hellish correction period in May, June, and July. Since then, the market has come back with a vengeance. In particula.....
Longest war in US history comes to an end as last US troops exit Afghanistan
August 31, 2021 11:53 AM AEST| By Furquan Moharkanrime accused in 9/11 terror attacks In last days of the war, the US evacuated about 120,000 people out of Afghanistan The US has ended its long-drawn-out war in the Central Asian country of Afghanistan after two decades, as it completed final e...
S&P 500, Nasdaq extend gains on tech boost
August 31, 2021 07:58 AM AEST| By Sanjeeb BaruahBlue-chip S&P 500 and tech-heavy Nasdaq Composite continued their gains on Monday, August 30, from the previous week’s record closes after technology and consumer discretionary stocks rallied. The S&P 500 was up 0.43% to 4,528.79. The...
Canada snap election: Parties take opposite sides on vaccine mandate
August 31, 2021 01:18 AM AEST| By Ankit SethiHighlights Justin Trudeau has publicly favored a vaccine mandate over the personal choice of Canadians. Erin O'Toole wants vaccines to remain a matter of personal choice. The COVID-19 pandemic has dealt a severe blow to the macroeconom.....
Toast IPO may see ResTech firm valued at $20B. How to buy TOST stock?
August 30, 2021 09:47 PM AEST| By Raza NaqviHighlights Restaurant Technology (ResTech) giant Toast has expanded rapidly by partnering up with at least 48,000 restaurants by end of June 2021. Toast is planning to list its shares on the New York Stock Exchange (NYSE). Toast was gene.....
5 Cryptos To Watch In September 2021
August 30, 2021 09:36 PM AEST| By Daniel Paul JohnsAs we head into September, the last third of 2021, the cryptocurrency market tells a completely different story to the end of June, 2021 – which saw huge cross corrections across the market. Three months later and we’ve seen dramatic t.....
Asia Pacific markets close in green
August 30, 2021 08:35 PM AEST| By Furquan MoharkanHighlights Most APAC markets began the week on a positive note. Australia recorded an unprecedented surge in fresh COVID-19 cases. Investors are keeping track of Meituan results. Asia Pacific shares on Monday closed mostly in the green, w.....
What’s driving the Tezos (XTZ) rally?
August 30, 2021 06:01 PM AEST| By Team Kalkine MediaHighlights Blockchain network Tezos has seen 95% spike since the end of July. Its initial coin offering (ICO) began on 1 July 2017 and earned US$232 million from the ICO. Tezos is distinguished by its governance. Bullish action in T.....
COVID-19: NSW records highest ever single-day tally
August 30, 2021 05:02 PM AEST| By Furquan MoharkanHighlights New South Wales has reported the highest number of single day infections. Most cases in the country are locally transmitted. NSW mulls to open up pubs, cafes, and restaurants once 70% of the population is vaccinated. Aust.....
TSX dips as energy & financial stocks fall, Loonie strengthens
August 30, 2021 03:30 PM AEST| By Team Kalkine MediaCanada's main stock index sank on Monday, August 20, amid weakened energy and financial stocks. The decline, however, was partially offset by the rise in technology and utilities stocks. The S&P/TSX Composite Index traded 0.24% or ~50 points low...
Hurricane Ida lashes Louisiana, natural gas output hit
August 30, 2021 01:13 PM AEST| By Furquan MoharkanHighlights Hurricane Ida made landfall in Louisiana, US on Sunday. Ida is one of the strongest hurricanes in 16 years. The storm has left over half a million people without power. Hurricane Ida made landfall in Louisiana, US, on Sunday as.....
Tesla dips its toes in electricity retailing market: Five things to know
August 30, 2021 12:15 PM AEST| By AshishHighlights Having successfully ventured into the space of electric vehicles (EVs) and energy storage systems, Elon Musk’s Tesla is eyeing the electricity retailing market in the US. Elon Musk-led Tesla plans to sell electricity directly t.....
What’s flippening? Can Ethereum outshine Bitcoin in terms of market cap?
August 30, 2021 11:52 AM AEST| By Furquan MoharkanHighlights Bitcoin is valued at US$920 billion – almost three times that of Ethereum. Bitcoin represents 41% of the total market cap of all cryptocurrencies put together The possible event of Bitcoin taking over Ethereum in market cap is.....
London-listed crypto miner Argo Blockchain files for $75M US IPO
August 29, 2021 04:50 PM AEST| By Team Kalkine MediaLondon-based cryptocurrency mining company Argo Blockchain Plc (LON: ARB) has filed for a secondary listing in the United States. The company has submitted a confidential draft registration statement to the US Securities and Exchange Commission to .....
Is Gitcoin the next big thing in the cryptocurrency market?
August 29, 2021 12:16 AM AEST| By Team Kalkine MediaHighlights Gitcoin provides a platform where developers can develop next generation applications. Community governance is part of Gitcoin, which Ethereum Blockchain runs Solana blockchain hosts Gitcoins. The potential of blockchain has ex.....
How to buy ETFs in Canada?
August 28, 2021 02:46 PM AEST| By Shreya BiswasHighlights An exchange-traded fund (ETF) is a pool of securities that track assets, commodities, indexes, and sectors. ETF’s history in Canada dates back to March 1990. They are known to provide investors with tax-efficient, cost-effecti.....
S&P 500, Nasdaq close at record highs after Powell's dovish remark
August 28, 2021 07:19 AM AEST| By Sanjeeb BaruahThe S&P 500 and tech-heavy Nasdaq closed the trading week at all-time highs on Friday, August 27, after Federal Reserve Chairman Jerome Powell cautioned against overreaction to inflation, reiterating that the bank would start tapering monetary su...