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Proportion of payments made using banknotes is declining: RBA
September 03, 2021 04:19 PM CEST| By Priyanka PayalHighlights During the Coronavirus pandemic, the Reserve Bank of Australia highlighted a significant shift to contactless and mobile payments by merchants and consumers. The RBA maintained that the proportion of payments made using banknot.....
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Can Bitcoin Reach the Half-a-Million Mark by 2023?
September 04, 2021 12:09 AM AEST| By Daniel Paul JohnsBitcoin is the largest cryptocurrency by market capitalisation and also the world’s first digital currency, having been introduced in 2009. By no means was there any fanfare during the revolutionary coin’s inception. In fact, to say tha.....
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On the runway to Q3 results
September 03, 2021 04:06 PM CEST| By Rini ZachariahHighlights At the end of July, the 2Q GDP data was announced. ABC has also announced the performance of critical variables like retail sales, employment data and loan commitment data. The numbers paint a flimsy picture overall but there .....
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Japan PM Suga set to resign, Tokyo stock markets at a 30-year high
September 03, 2021 03:39 PM CEST| By Rishika RainaHighlights Japan PM Yoshihide Suga is set to resign amid public dissatisfaction over his handling of Covid-19 and the Olympics. Serving for less than a year, Suga is scheduled to step down on 30 September. Following the news, Japan&rsquo.....
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Why is it taking Binance 3 years to go public?
September 03, 2021 06:14 PM AEST| By Daniel Paul JohnsHighlights The Founder and CEO of cryptocurrency exchange, Binance, announced that the US-based platform plans to conduct an initial public offering within the next three years Binance is one of the leading cryptocurrency exchanges with a.....
Energy stocks lift US indices higher after OPEC OKs production hike
September 02, 2021 03:06 PM PDT| By Sanjeeb BaruahBenchmark US indices closed higher on Thursday, September 2, pulled up by gains in energy stocks after global oil cartel OPEC decided to go ahead with its planned production increase. The S&P 500 was up 0.28% to 4,536.95. The Dow Jones gained 0....
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Will Bitcoin break the resistance to reach $51,000?
September 02, 2021 11:24 PM AEST| By Manu ShankarHighlights Thursday saw the crypto market once again bouncing back with Bitcoin on the brink of touching $51,000. Bitcoin’s today’s surge coupled with Ethereum’s strong rally has pushed the cryptocurrency market cap up b.....
Five stocks Warren Buffett is still pursuing
September 02, 2021 09:18 AM CEST| By AayushWarren Buffett, 91, is arguably the most successful investor of the 20th century and that’s the reason why Wall Street keeps a close eye on his portfolio. He is one of those few investors whose entry or exit from a stock holding creates a buz.....
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Ethereum 2.0 and its Highly Anticipated Release
September 02, 2021 05:13 PM AEST| By Daniel Paul JohnsHighlights Ethereum cofounder, Charles Hoskinson, said that most of the work involved in the upgrade would probably happen in 2022 with the project likely to be completed in late 2022 or early 2023 Ethereum’s change in consensus from PoW .....
5 NZX-listed energy stocks worth exploring in September 2021
September 02, 2021 08:17 AM CEST| By RomaHighlights Mercury NZ offered resilient results amidst new COVID-19-related restrictions. Trustpower offers a name for the new-generation business. Flexible energy solutions being offered by Contact Energy for a new data centre. Last year.....
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Wetherspoons joins the list of firms hit by supply chain crisis in UK
September 02, 2021 08:12 AM CEST| By Nidhi GuptaWetherspoons on Wednesday joined the list of effected firsm as it reported that its Carding and Coors beers are the latest casualty of the supply chain crisis as most pubs are not receiving deliveries. Its brewers, Molson Coors, said that the suppl.....
From Here to Ethernity – What is ERN Crypto?
September 02, 2021 12:33 PM AEST| By Daniel Paul JohnsHighlights Ethernity Chain is a community-oriented platform built on the Ethereum network that produces limited edition, non fungible tokens (NFTs) and trading cards Although ERN can be found on a number of crypto exchanges, it can’t be d.....
NZ Windfarms (NZX:NWF)announces management changes and new strategy
September 02, 2021 03:29 AM CEST| By RomaHighlights NWF announces new management changes post results declaration. Moving towards a more sustainable approach, the Company offers a new plan of action. Interim Director to hold the position from October till a replacement is found. .....
Why Ethereum (ETH) & Coinbase (COIN) are trending today
September 02, 2021 09:45 AM AEST| By Sanjeeb BaruahStocks of crypto exchange Coinbase Global (Nasdaq: COIN) were trending on Wednesday. COIN was priced at US$265.47 at 4.01 pm ET, up 2.32%, from the previous close. Ethereum (ETH), the world’s second-largest cryptocurrency by market capitaliz.....
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All About Cosmos (ATOM) Cryptocurrency
September 02, 2021 01:41 AM AEST| By Suhita PoddarHighlights Cosmos (ATOM) plans to have a web of crypto networks clubbed by open-source tools for smooth communication and transactions between them. Cosmos’s objective is to encourage an ecosystem of networks that can share data and token.....
Meet CryptoPunks – A New Generation of Collectables
September 01, 2021 06:22 PM AEST| By Daniel Paul JohnsHuman beings have an affinity for collecting things. When people list their hobbies, it’s not unusual to find someone who loves collecting something. From stamps to baseball cards, it seems from generation to generation, while the collectable.....
Know how to invest in cryptocurrencies in New Zealand
September 01, 2021 06:09 PM AEST| By Jasmine AnandAs the global pandemic has spooked the entire world and crashed financial markets across the world, cryptocurrencies are increasingly becoming a highly sought-after alternative investment route for tech-savvy investors. New Zealand is no different.....
APAC markets mixed; ASX200 in red despite positive GDP numbers
September 01, 2021 08:41 AM CEST| By Furquan MoharkanHighlights ASX is trading in the red despite better-than-expected GDP numbers China markets are in the green. Japan is the biggest gainer in the region. Asia Pacific shares were trading mixed on Wednesday, with Australian shares in negati.....
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What's happening in the crypto space?
September 01, 2021 04:03 PM AEST| By Daniel Paul JohnsHighlights Bitcoin, whilst still a fair way from its US$63,000 peak in April, is flirting with the US$50,000 mark and sits at US$47,154.26 on 1 September 2021. Bitcoin’s market share is now less than half the market’s – at 43......
Price of BLOX Cryptocurrency Doubles in Past Two Days
September 01, 2021 01:49 PM AEST| By Daniel Paul JohnsIn the cryptocurrency space, it’s not unusual to see a crypto rise from relative obscurity to sudden stardom. While it’s perhaps a stretch to describe Blox as a star at this point, it’s no doubt rising, this week having achieved m.....