News
US markets close higher as Apple Inc briefly crosses US$3-trillion mark
January 03, 2022 02:58 PM PST| By Versha JainBenchmark US indices closed higher on the first trading day of the new year on Monday, January 3, lifted by energy and consumer discretionary stocks. The S&P 500 rose 0.64% to 4,796.56. The Dow Jones gained 0.68% to 36,585.06. The NASDAQ Composi...
South Korea to issue NFTs for presidential elections fundraise
January 04, 2022 09:41 AM AEDT| By AshishIn a first, the ruling political party of South Korea would issue non-fungible tokens (NFTs) for fundraising in a presidential election. According to the Democratic Party of Korea’s (DPK) presidential candidate Lee Jae-myung's campaign commit.....
Why Keep Network (KEEP) crypto jumped over 12% today?
January 04, 2022 06:17 AM AEDT| By Rupam RoyHighlights The KEEP token surged over 12% on Monday morning. It gave a return of over 274% over the last 12 months. It reached an all-time high of US$296.45 in Dec 2020. The Keep Network (KEEP) token jumped over 12% to US$0.808 on Monday .....
What is Powerledger (POWR) crypto?
January 04, 2022 05:38 AM AEDT| By Rupam RoyHighlights The Powerledger (POWR) token slumped over 15% on Monday. The token climbed an all-time high of US$2.01 on Jan 4, 2018. It gave a return of over 34% over the last 12 months. The Powerledger (POWR) token fell over 15% to US$0.650.....
Why is PancakeSwap (CAKE) token up today?
January 04, 2022 05:18 AM AEDT| By Versha JainHighlights The PancakeSwap token price (CAKE) rose 2.98% to US$12.36 at 08:03 am, ET, Monday. The token rose after it tweeted about Goldminer Syrup Pool and Farm. GoldMiner is a play-to-earn game, where players can mine gold from in-game.....
Can NFTs be used for money laundering?
January 03, 2022 02:44 PM AEDT| By Sundeep RadeshHighlights The year 2021 has seen the mainstreaming of non-fungible tokens (NFTs). The anonymity capabilities that blockchain provides, coupled with the nature of NFTs make it possible to be used for money laundering. NFTs can also be traded f.....
Do Quantum Computers Pose a Big Threat To Bitcoin?
January 03, 2022 12:38 AM AEDT| By Daniel Paul JohnsOver the past ten years, cryptocurrency has emerged as an asset class which has provided a system, doing away with interference from external third parties. As such, crypto holds the key to changing finance as we know it. But there’s a threa.....
How to spot a "Crypto Ninja "?
January 02, 2022 12:31 AM AEDT| By Aditi SahaHighlights The term "crypto portfolio" refers to an investor's collection of cryptocurrency coins and financial products. Crypto portfolio managers must exercise caution, be prudent and allocate capital strategically. To assist investors.....
Polygon and Polkadot - two cryptos to explore in 2022?
January 02, 2022 12:22 AM AEDT| By Rupam RoyAlthough the global cryptocurrency market has cooled down since its impressive run earlier this year, it hasn’t stopped enthusiasts from placing their bets on digital assets. According to CoinMarketCap, there are currently around 16,200 cryp.....
As we enter 2022, know how Bitcoin compares with the US dollar
January 01, 2022 02:30 PM AEDT| By Ankit SethiThe year 2021 was a year dominated by cryptocurrencies, so much so that a few nations announced a ban on cryptos and a few hotly debated regulating their trade. Now, as we step into 2022, the crypto market will likely enter a new phase. This phase.....
Crypto day trading: How to make profits in cryptos?
January 01, 2022 12:13 AM AEDT| By Ankit SethiHighlights In stocks, day trading is purchase and sale of share/s or other assets over a single day of trading Unlike the stock market, cryptocurrency market functions round the clock, all days of the year Crypto day trading, like othe.....
Why are people buying virtual real estate? Should you too?
December 31, 2021 10:26 PM AEDT| By Ankit SethiHighlights In 2021, parcels of virtual land on Decentraland and The Sandbox sold for millions of dollars each From Adidas to Nike to Paris Hilton, many have jumped onto the virtual real estate bandwagon These virtual assets have their ow.....
The top crypto gainers of 2021, and a couple of underperformers
December 31, 2021 10:13 PM AEDT| By Ankit SethiHighlights Year 2021 was first ruled by NFTs, and the last couple of months saw the rise of metaverse New blockchain networks also gained in 2021, especially because they threaten Ethereum’s dominance Bitcoin’s ups and downs .....
How is BetaShares Crypto ETF (ASX:CRYP) performing?
December 31, 2021 07:15 PM AEDT| By Aditi SahaHighlights On November 4, BetaShares, an Australian fund management firm, launched BetaShares Crypto ETF (ASX:CRYP) on the ASX. BetaShares has become one of Australia's most prominent fund managers, specialising in ASX-listed exchange traded fu.....
Would inflation take a breather in 2022?
December 31, 2021 08:45 AM CET| By AayushThe COVID-19 pandemic has battered economies in many ways, loss of jobs and lives, the wreckage of the global supply chain, disrupted business conditions, etc. In order to get back on track and recover from battered economies, central banks across .....
Finance sector leads job recovery for Aussies
December 31, 2021 08:23 AM CET| By Sukriti NairHighlights The last two years have changed the way economic sectors create jobs in Australia. While manufacturing jobs have fallen, finance, and health sectors have emerged as top job creators. The employment scenario in Australia se.....
Will crude oil continue its rally in 2022?
December 31, 2021 07:34 AM CET| By Nitish KumarHighlights Crude oil demand outpaced supply in the year 2021. The EIA estimates global oil inventory to start building up in 2022, on the back of additional supply from the US and OPEC+. With a balance in demand and supply, crude oil pri.....
What is BTS's strategy for breaking into the crypto world?
December 31, 2021 03:54 PM AEDT| By Aditi SahaPopular Korean boy band BTS has stated that it will be moving forward with the NFT offerings keeping aside the huge criticism it has been receiving from across the world. As per a media report, the majority of the criticism concerns the impa.....
Crude oil rises further waning Omicron’s fear
December 31, 2021 04:38 AM CET| By Arpit VermaHighlights Crude oil prices rose on Thursday. On Wednesday, the prices of crude oil reached their highest level since November. Crude oil prices made a significant rebound ranging from 50-60% in 2021. Crude oil prices rose further on Thur.....
Apple vs Meta
December 31, 2021 03:02 AM CET| By Daniel Paul JohnsHighlights Apple have incentivised their top engineers in silicon design, hardware and software by offering them restricted stock units While Meta has nabbed some one hundred employees directly from Apple, Apple have also enticed several Meta e.....