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Financial
Are cryptoassets risky for banks? Here’s what the Basel Committee says
June 15, 2021 10:33 AM EDT| By Team Kalkine MediaLately, the Basel Committee on Banking Supervision proposed capital requirements for banks’ cryptoassets holdings. The committee believes that banks must set aside adequate capital to ensure their financial stability in the event of losses incu...
Ebang (NASDAQ:EBON) surges: A blockchain stock to buy or sell?
June 15, 2021 10:23 AM EDT| By AnujStocks of Ebang International Holdings Inc. (EBON:US, NASDAQ:EBON), a Chinese blockchain firm, rose four per cent pre-market on Tuesday, June 15. The software stock galloped by 10 per cent in the previous trading session. In the last year, the...
Polkadot (DOT) to debut on Coinbase Pro: What is its price prediction?
June 15, 2021 05:44 AM EDT| By AnujPolkadot (DOT), a protocol that transfers any type of data and digital asset through its cross-blockchain operations, is all set to debut on Coinbase Pro. Ahead of the debut on Wednesday, June 16, DOT tokens jumped as much as 16 per cent in the span...
Is it too late to buy bitcoins?
June 14, 2021 08:14 AM EDT| By AnujBitcoin’s rising influence as a payment and investment tool is a global phenomenon. However, its inflated prices and not so climate-friendly mining operations are making crypto entrants rethink the future growth. Then there is the unpredictable...
6 Upcoming Crypto IPOs To Watch Out In 2021-22
June 11, 2021 01:21 PM EDT| By AnujThe cryptocurrency market has bloomed this year, and global financial institutions have been taking this digital asset seriously for the first time since its existence. Wall Street-based institutional investors and big banks have also started holding...
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How Basel Committee’s Proposal Will Impact Crypto Realm
June 10, 2021 11:31 AM EDT| By AnujRegulators from the world’s top financial centers have asked banks to set aside enough provisions to meet instant losses in full on any bitcoin holdings. The Swiss-based Basel Committee on Banking Supervision proposed this tough step to prevent...
Investor Alert! 8 Canadian Firms Beef Up Bitcoin Holdings
June 10, 2021 08:50 AM EDT| By AnujCryptocurrencies have received unprecedented mainstream acceptance this year. Institutional investors and crypto mining firms have been beefing up their crypto inventories across North America. Canadian exchanges-listed companies, especially, have be...
Can Pi Be A Planet-Friendly Crypto? What’s its Price Prediction?
June 08, 2021 12:55 PM EDT| By AnujPi Network’s coin is the first of its kind upcoming cryptocurrency that can be mined from mobile phones. However, it has been surrounded by numerous uncertainties and speculations. A segment of crypto enthusiasts argues that Pi coin is.....
Ethereum Gains 3x Against Bitcoin In Bear Crypto Market. Time To Buy?
June 07, 2021 12:47 PM EDT| By AnujEthereum (ETH) surged five per cent over the last one-day trading session, as against Bitcoin (BTC) two per cent gain, on Monday, June 7 (9:40AM EST). The former also gained US$ 31.16 billion in one-day trading volume, surpassing Bitcoin’s sco...
Digital Currencies, the Concept of Utility, and Undue Deployment of Resources
June 04, 2021 01:53 PM EDT| By Team Kalkine MediaWhen one walks into a grocery store or a shopping mall, the act of purchasing any good or availing any service is underpinned by its utility or functionality value. Textbooks on finance or economics have pages dedicated to the concept of utility. The...
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How Can I Buy Cryptocurrency In Canada?
June 04, 2021 01:42 PM EDT| By Team Kalkine MediaBuying any cryptocurrency like bitcoin, ether or dogecoin is easy. One needs to create an account with any exchange like Coinbase or Binance. Money can be added digitally in this account, which is used to purchase cryptocurrencies. But before trading...
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What Crypto Token Does Elon Musk Miss More, Bitcoin or Dogecoin?
June 04, 2021 11:14 AM EDT| By AnujTesla owner Elon Musk’s affair with cryptocurrency has reached a new level, or so it appears from his recent posts on Twitter. The overall crypto market dwindled by about six on Friday, June 4, after a couple of puzzling tweets from the self-p...
3 Lesser-Known Cryptocurrencies That Can Be Hidden Gems
June 03, 2021 02:30 PM EDT| By Ankit SethiCryptocurrencies are an interesting investment option, but why restrict the choice to just popular ones? Bitcoin, Ether or Dogecoin make most of the news in the crypto space. The first two also lead the way with their market cap running into billions...
Dogecoin (DOGE) Gets Listed On Coinbase: What's Its Price Prediction?
June 02, 2021 07:45 AM EDT| By AnujDogecoin, the popular meme-inspired cryptocurrency, has been listed on Coinbase’s (COIN:US, NASDAQ:COIN) pro platform, the crypto exchange announced on Tuesday, June 1. The coin’s trading, however, is scheduled to begin on Thursday provi...
SoFi (SOFI) Now Public: Can It Rival Robinhood Over IPO Access?
June 02, 2021 05:22 AM EDT| By Raza NaqviSummary Online personal finance platform SoFi Technologies Inc (NASDAQ:SOFI) saw its debutant stocks surge by about 12 per cent on Tuesday, June 1. SoFi’s stocks began trading on the Nasdaq platform following its reverse-merger with a SPA.....
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Scotiabank (TSX:BNS) Rakes In $2.45Bn In Profit: Time To Buy?
June 01, 2021 09:51 AM EDT| By Raza NaqviClosing the earnings season for the Big Six banks in Canada, Bank of Nova Scotia (TSX:BNS) announced the results for its second quarter of fiscal 2021 before market open on Tuesday, June 1. Like its peers, Bank of Nova Scotia also beat analysts&rsqu...
From DIAH to AstroElon, 5 Shitcoins Making Waves
June 01, 2021 09:21 AM EDT| By AnujWhat are shitcoins? Crypto tokens with no value or purpose apart from ‘pump and dump’ are mostly known as shitcoins. These digital coins do not have an elaborated white paper and supply circulation data. However, they make a buzz in the m...
Polygon (MATIC) & WazirX (WRX): Price Prediction Of Rising Cryptokids
June 01, 2021 07:10 AM EDT| By AnujPolygon, which is structured on the second layer of Ethereum’s internet of blockchain, has been creating a buzz in the crypto landscape along with WazirX, one of the leading crypto exchanges in the Asia Pacific region. Formerly known as MATIC,...
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Want To Buy & Sell NFTs? Here's A Simple 5-Step Guide
May 31, 2021 11:50 AM EDT| By AnujA non-fungible token (NFT) is a digital asset class listed on the blockchain-powered ledger that validates its authenticity and non-interchangeability. In simple words, NFT is like a contract confirming that a digital piece is original while...
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Kishu ($KISHU) Is The New Dog-Themed Crypto In Town: Buy Or Forget?
May 31, 2021 11:15 AM EDT| By Raza NaqviSummary Kishu Inu ($KISHU), one of the latest dog-themed meme cryptocurrencies, is probably the fastest to reach a US$ 2 billion market cap in a month. It has over 150,000 holders, according to the company's whitepaper. Kishu has been drawing .....
