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Top 10 altcoins institutional investors are focusing on
September 16, 2021 02:57 PM AEST| By AshishAltcoins or alternative coins is a term used to describe all cryptocurrencies other than Bitcoin. As alternatives of Bitcoin and traditional fiat money, these cryptocurrencies are known as altcoins. These coins have characteristics similar to Bitco.....
Australia to get nuclear submarines amidst growing tension in South-China Sea
September 16, 2021 06:31 AM CEST| By Priyanka PayalHighlights US President Joe Biden has said that the US will share secret nuclear technology to assist Australia in shifting to nuclear-powered boats. A trilateral partnership was unveiled Wednesday between US, UK and Australia. The new partner.....
Five DeFi coins charting an upward trajectory
September 16, 2021 01:58 PM AEST| By AayushDecentralised finance or more commonly known as DeFi is a technology which essentially aims to recreate the traditional financial system with blockchain based technology. What sets DeFi applications apart is that they can operate without the interf.....
NZ GDP beats all forecasts, grows 2.8% in June quarter
September 16, 2021 05:56 AM CEST| By ManikaHighlights GDP grows by 2.8% in the June quarter. The numbers are driven by service, retail and accommodation industries. Shows that the New Zealand economy was doing very well before the Delta variant-related lockdowns. The economy grew .....
Confused about crypto jargons? Here are 10 basic terms to know
September 16, 2021 03:11 AM CEST| By Furquan MoharkanWith the cryptocurrency mania gripping the world, the digital asset is attracting more and more investors with time. With the increasing investor base, there has to be an increase in investor awareness. While most people have heard of cryptocurrency,...
US stocks gallop ahead after deals, product launches lift sentiments
September 15, 2021 03:14 PM PDT| By Sanjeeb BaruahAll benchmark US indices closed in the green on Wednesday, September 15, after a flurry of deals, acquisitions, buybacks, and product launches of top companies lifted investors’ spirits. The S&P 500 was up 0.85% to 4,480.70. The Dow Jones...
What exactly is September effect? Is it real?
September 15, 2021 11:52 AM CEST| By Furquan MoharkanSince the beginning of this month, the Dow Jones Industrial Average (Dow 30) has corrected by 2.2%, NASDAQ Composite by 1.5%, and S&P 500 by 1.8%. Outside Wall Street, most other indices except for Japan, India and China have declined. This ab.....
The Astronomical Rise of NFTs
September 15, 2021 07:19 PM AEST| By Daniel Paul JohnsHighlights August 2021, saw a meteoric rise for the non-fungible token (NFT) market surpassing US$5.29 billion in total sales volume. Visa recently purchased an NFT - its own unique CryptoPunk for no less than US$0.15 million. .....
Swiss company Valour to launch Solana ETP
September 15, 2021 05:42 PM AEST| By Daniel Paul JohnsHighlights The Swiss company, Valour, has launched an ETP that will track the performance of the cryptocurrency Solana. Solana is a highly functional open-source system that offers decentralised finance (DeFi) solutions. The Solana ETP means i.....
Will Australia Ever Adopt Bitcoin as Legal Tender?
September 15, 2021 04:30 PM AEST| By Daniel Paul JohnsHighlights El Salvador’s official adoption of Bitcoin got off to a somewhat shaky start as the price of Bitcoin plummeted in the hours following its introduction Bitcoin adoption by Australia would likely be complicated by its notor.....
Failed attack on Ethereum blockchain affects 0.8% nodes
September 15, 2021 03:26 PM AEST| By AayushThe Ethereum blockchain was unsuccessfully attacked early morning on 14 September 2021, managing to trick 0.8% of Ethereum nodes. The attack was first flagged by someone named Alex S. on multi-coin mining pool, Flexpool. Image Source: ©&nbs.....
Why is Avalanche Crypto Growing So Quickly?
September 15, 2021 02:42 PM AEST| By Daniel Paul JohnsHighlights AVAX has had a barnstorming past 30 days – a period which has seen its price more than triple Avalanche has one of the fastest smart contracts platform in the blockchain space, having launched in September, 2020 One major fact.....
iPhone enthusiasts get a new version in iPhone 13 and iPhone 13 mini
September 15, 2021 02:56 AM CEST| By ManikaHighlights iPhone launches iPhone 13 and iPhone 13 mini. It delivers camera innovations and enhanced battery life. Apple on Wednesday launched iPhone 13 and iPhone 13 mini, which are the next-generation smartphones and feature beau.....
US stocks drift after inflation data
September 14, 2021 03:10 PM PDT| By Sanjeeb BaruahBenchmark US indices retreated on Tuesday, September 14, after the latest economic data showed inflation grew at a slower pace in August, renewing the focus on Fed's stimulus tapering talks. The S&P 500 was down 0.57% to 4,443.05. The Dow Jones...
How do consumers make purchasing decisions?
September 14, 2021 12:18 PM CEST| By Akanksha VashishtHighlights The modern consumer is well-informed and well-equipped with technological tools that help form decisions. As online consumer activity has picked up the pace, individuals have left behind a large trail of data for marketing firm.....
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Google fined for abusing mobile market dominance in South Korea
September 14, 2021 11:34 AM CEST| By Team Kalkine MediaHighlights The South Korea’s antitrust agency fined Google for abusing market dominance. Google has been investigated for allegedly using its market position to block smartphone makers as per Korea Fair Trade Commission. The regula.....
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South Korea's strict crypto regulations: Will investors face the brunt?
September 14, 2021 07:14 PM AEST| By Manu ShankarHighlights South Korea’s Financial Services Commission (FSC) has given the smaller cryptocurrency exchanges time till September 24 to apply for an official license. If they fail to comply, they could lose their right to operate in the cou.....
Litecoin’s prices roll back after Walmart deal hoax
September 14, 2021 05:55 PM AEST| By Manu ShankarHighlights The prices of Litecoin have rolled back to US $178.45 on Tuesday with a 24-hour trading volume of US $8,99,18,83,634. On Monday, news came in that retailer giant Walmart would accept cryptos for its online purchases. However, the ne.....
Why is stablecoin catching investors’ attention?
September 14, 2021 05:20 PM AEST| By Daniel Paul JohnsHighlights A stablecoin is a digital currency which is tied to a commodity or fiat currency, like the US dollar A Stablecoin’s value will remain stable even after an extended period of time and this will ease losses should a sig.....
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Why people want an overhaul of childcare costs in UK
September 14, 2021 08:29 AM CEST| By Rishika RainaHighlights The UK has the highest childcare costs across the globe after Slovakia and Switzerland. UK Parents are finding the costs unaffordable and are demanding for an overhaul of childcare costs. According to latest OECD data, the UK ha.....