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How are low interest rates helping Canada & US?
August 13, 2021 03:30 PM CEST| By Ankit SethiHighlights In March 2020, the Bank of Canada cut its benchmark interest rates to 0.25 per cent. In the wake of the pandemic, the US Federal Reserve has also maintained interest rates at record-low levels. Inflation is high in both the US and C.....
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What are Bitcoin debit cards and where all you can use it?
August 13, 2021 09:40 PM AEST| By Team Kalkine MediaHighlights Bitcoin debit cards are prepaid debit cards that allow user to top-up their card with bitcoins, which are then converted into fiat currencies to make purchase easier. There are mainly two types of Bitcoin debit cards: Plastic D.....
The week ahead: Key economic data to watch
August 13, 2021 09:33 AM CEST| By Team Kalkine MediaSummary Most countries remain positioned to face higher levels of inflation as economic recovery takes shape across the globe. The economic revival has not been uniform across nations, with some countries still struggling to contain the v.....
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When will Australia lift international travel ban?
August 13, 2021 08:26 AM CEST| By AshishSneh Gandha, a 63-year-old from Jalandhar, India, has been, without fail, tracking updates daily on the existing coronavirus scenario in Australia. Her elder son Sumeet resides in Sydney, the capital city of New South Wales (NSW), which was last he.....
South Korea leads losses in APAC markets as Samsung shares plummet
August 13, 2021 06:05 AM CEST| By Furquan MoharkanThe South Korean equity markets on Friday led the losses in the Asia Pacific (APAC) region as shares of multinational conglomerate Samsung and all the related companies plummeted. In the morning trade on the last day of the week, shares of all the c...
Poly Network victim of mass hack resulting in theft of hundreds of millions
August 13, 2021 01:00 PM AEST| By Daniel Paul JohnsHundred of millions of dollars in cryptocurrency had been stolen from the Poly Network in one of the biggest heists in crypto history. The stolen money included hundreds of millions of dollars in Ethereum, Polygon and BSC stolen from the Poly Netw.....
Genesis Energy (NZX:GNE): How is the Company tapping into solar power?
August 13, 2021 04:38 AM CEST| By Jasmine AnandHighlights Genesis Energy is keen to add solar energy to its diversified portfolio comprising hydro, thermal, geothermal and wind energy generation. As per its Future-gen strategy, the Company is planning to enter into a joint venture with some.....
Which are the five leading crypto exchanges in Australia?
August 13, 2021 11:44 AM AEST| By Daniel Paul JohnsThere are a bunch of cryptocurrency exchanges in Australia and more and more being introduced to the market every month. When it comes to judging crypto exchanges, there are a variety of factors one needs to consider, including ease of use, fee co.....
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Nasdaq, S&P 500 close higher on tech gains
August 12, 2021 02:51 PM PDT| By Sanjeeb BaruahThe Nasdaq Composite and the S&P 500 Index edged higher on Thursday, August 12, as tech stocks saw notable gains, while the Dow Jones closed flat after the economy-sensitive stocks pulled back. The S&P 500 was up 0.30% to 4,460.83. The Dow J...
How does a cryptocurrency work? What types of cryptocurrencies are there?
August 12, 2021 06:17 PM AEST| By Team Kalkine MediaIf you have found yourself trying to look like you know what’s being discussed when someone begins talking about cryptocurrencies (which is quite often these days), but deep down, you know you understand little about it, fear not. You are not a...
Does Dent coin have a future?
August 12, 2021 04:28 PM AEST| By SonalSummary Dent is a decentralised app built on the Ethereum blockchain. Dent was trading at US$0.004751 on 12 August, at the time of writing, up 40.93% on the previous close. The new coin aims to bring freedom to the telecommunication industry. .....
APAC markets flat as US dollar weakens
August 12, 2021 07:43 AM CEST| By Furquan MoharkanEquity markets in the Asia Pacific region were trading near the flatline as local Asian currencies strengthened vis à vis a weakened US dollar. The US dollar index, which tracks the greenback against a basket of six of its peers, fell to 92.8...
Foreigners seen flocking back to Indian market as COVID-19 subsides
August 12, 2021 05:57 AM CEST| By Furquan MoharkanForeign investors have started returning to the India’s equity markets, as the deadly second wave has subsided in the country. In the month of August so far, foreign institutional investors (FIIs) have been net buyers at the country’s bo...
Shiba Inu coin burning prompts price surge
August 12, 2021 01:37 PM AEST| By Daniel Paul JohnsThe price of memecoin, Shiba Inu, jumped considerably over the weekend after its developers announced a coin burn. Shiba Inu’s price jumped around 19% to US$0.0000077 after the coin burn announcement, which means that the coins are taken out.....
What is Request Network? How much is REQ coin worth?
August 12, 2021 01:22 PM AEST| By Daniel Paul JohnsSummary The Request platform is a peer-to-peer payment system that bypasses the need of any third parties to provide a secure payment method. The native token of the Request platform is the REQ coin, which is ERC20 token users spend to utilise .....
Is market correction looming? Should we worry about it?
August 12, 2021 05:03 AM CEST| By Furquan MoharkanIt won’t be a hyperbole to say that stock markets are on steroids. Since the lows of March 2020, all major indices across the world have more than doubled. Yes, all this while, when economy has been in doldrums and struggling hard to emerge ou...
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ADA jumps 22% in 24 hours as investors eye Cardano’s Alonzo hard fork
August 11, 2021 06:45 PM AEST| By AbhijeetCryptocurrency market has once again entered the limelight following a series of events happening with different crypto-assets including the world’s most popular digital currency bitcoin and a bunch of other assets. Bitcoin has advanced as mu.....
Can ether prices rise on the back of Ethereum’s London upgrade?
August 11, 2021 02:05 PM AEST| By Kamalika GhoshSummary Five Ethereum improvement proposals (EIPs) have recently been brought up under the Hard Fork. “London hard fork” upgrade is anticipated to bring down the transaction costs. The long-term impact of the move may be a higher t.....
Is Google imposing pay cuts on its remote employees?
August 11, 2021 05:41 AM CEST| By Furquan MoharkanThe employees of search engine Google based in the same office could see different changes in pay based on their locations, if they switch to working from home permanently, reports suggest. Alphabet Inc's Google (NASDAQ:GOOGL) has offered its employ...
Top 10 cryptocurrencies to explore as crypto craze takes off
August 11, 2021 08:30 AM AEST| By Team Kalkine MediaSummary Cryptocurrencies are digital currencies, the latest development in the currency domain. Cryptocurrencies are not yet accepted as legal tender in the US by the federal government and are only available for buying, selling, and trading. .....