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Can Ethereum Surpass Bitcoin In Terms Of Market Cap?
April 30, 2021 11:55 PM AEST| By AnujEthereum made headlines this week in April as the European Investment Bank (EIB) launched its "digital bond" sale worth US$128 million using the blockchain network’s platform. Meanwhile, Ethereum-based FinTech firm Notional raised US$ 10 millio...
Ether Hits All-Time High Taking the Spotlight Away from Bitcoin
April 30, 2021 08:26 PM AEST| By Team Kalkine MediaSummary Ether rose to AU$3,500 on Thursday, achieving an all-time high for the cryptocurrency. The crypto’s rise has weakened Bitcoin’s market dominance as its market share dropped below 50% for the first time since 2018. Ether.....
Game on for Crypto: Inverse ETFs Will Create a Bull Vs Bear Race
April 30, 2021 07:06 PM AEST| By Team Kalkine MediaSummary Horizon ETF Management has launched the first inverse Bitcoin ETF, allowing investors to short crypto much in the same way investors can short a stock. Crypto ETFs provide an opportunity for mainstream investors to invest in cryptocurre.....
Rent Increase Could Further Deepen The NZ Housing Crisis
April 30, 2021 05:46 AM CEST| By RomaWith the housing crisis in New Zealand beginning to become a nagging concern for the government and the people alike, there are new developments in terms of rent. According to a new research, the increase in rents could be a cause for further conce.....
How have the stocks of Big 5 tech firms responded to their quarterly results?
April 30, 2021 04:37 AM CEST| By Furquan MoharkanMarked by the results of the biggest five tech giants in the US, this week was probably the most crucial one of the ongoing earnings season. Alphabet, Microsoft, Amazon, Facebook, and Apple – all announced their March quarter numbers this wee.....
Will NZ Government Succeed In Putting The Brakes On Rising House Prices?
April 30, 2021 04:09 AM CEST| By Team Kalkine MediaSummary Kiwi land witnessing a colossal rise in its house prices for over a year. Low interest rates, government assistance were some of the main reasons for this huge rise. First-time home buyers facing the heat as affordable housing has now .....
Intel extends its partnership with Samsung to strengthen the cross-device experience
April 30, 2021 03:59 AM CEST| By Team Kalkine MediaDigitization is becoming noticeable in the present times where you look. The COVID-19 pandemic accelerated the digital transformation. It brought challenges for people, but at the same time, it presented opportunities for many businesses to pursue .....
Amazon’s Net Profit More Than Triples In Q1 As Revenue Hits US$100B
April 30, 2021 03:00 AM CEST| By Team Kalkine MediaAmazon.com, Inc.’s (NASDAQ: AMZN) net income has more than tripled in the first quarter of 2021, backed by strong revenue growth in e-commerce and cloud business, the company said in its earnings report on Thursday, April 29. The technology .....
VISA INC. Price Hits a New Lifetime High
April 29, 2021 11:00 PM CEST| By Team Kalkine MediaSummary VISA INC. gained 1.54 percent in the last trading session and has delivered ~14.81 percent returns in the last one month. Post breaking out of a crucial resistance level the stock hit a new lifetime high. Stock prices are trading in a.....
Dogecoin Surging! Should You Buy It Ahead Of Elon Musk's SNL Debut?
April 29, 2021 08:45 PM AEST| By AnujCryptocurrency Dogecoin skyrocketed by over 32 per cent on Wednesday, April 29, following Tesla owner Elon Musk’s tweet describing himself as “The Dogefather”. The engineer-turned-entrepreneur is also set to represent the meme-cryp...
Dogecoin Skyrockets 20% in Just One Day
April 29, 2021 05:02 PM AEST| By Team Kalkine MediaSummary Dogecoin has risen over 20% in the past 24 hours following a tweet from Tesla founder Elon Musk. The crypto surged from US$0.25 to US$0.30 in just fifteen minutes. The surge had brought dogecoin to highs not seen for two weeks when the.....
Nexon joins Tesla, Mastercard, PayPal, BNY Mellon in Bitcoin bet
April 29, 2021 04:44 PM AEST| By Team Kalkine MediaSummary Nexon purchased Bitcoin worth US$100 million, representing nearly 2% cash and cash equivalents reserves of the company. The Japanese online gaming firm purchased 1,717 bitcoins at an average price of approximately $58,226. The big comp.....
Indian, Thai and HK stocks lead the APAC rally
April 29, 2021 07:33 AM CEST| By Furquan MoharkanSummary US Federal Reserve’s dovish tone has triggered a rally in APAC markets. Indian and Thai stocks are best performers. BSE Sensex has reclaimed the historic 50,000-mark The shares in India, Thailand and Hong Kong were the top .....
Ardern Keen On US Ties And Clears NZ’s Stand Regarding Five Eyes Alliance
April 29, 2021 05:34 AM CEST| By Team Kalkine MediaSummary Post the meeting with the US Chamber of Commerce, NZ PM Jacinda Ardern spoke to the media on the issues discussed. The Government is determined to enhance its economic ties with the US. NZ is focused on maintaining stability in the reg.....
Robust ad revenue powers Facebook to 48% topline growth
April 29, 2021 05:32 AM CEST| By Furquan MoharkanSocial media behemoth Facebook Inc (NASDAQ:FB) saw a robust topline growth in Q3, owing to massive surge in the advertising revenues. The world’s largest social media company saw its revenues surging by 48% to US$26.17 billion in the quarter.....
Why New Zealand registered trade surplus of $33 million for March 2021
April 29, 2021 05:03 AM CEST| By Team Kalkine MediaLatest numbers from Stats NZ have shown that NZ’s trade balance was a surplus of $33 million for March. Trade balance shows the difference between a country’s exports and imports in a particular period of time. When a country's exp...
US Fed maintains status quo on interest rate, bond purchases
April 29, 2021 04:49 AM CEST| By Furquan MoharkanThe American central bank, the US Federal Reserve (Fed), on Wednesday, maintained the interest rates near zero as part of its easy monetary policy, despite anticipating economic acceleration and higher inflation. The 11 members in the board of gov.....
CDC Asks Vaccinated Americans to Do Away With Masks. Is It Too Early A Decision?
April 29, 2021 04:01 AM CEST| By ManikaSummary CDC announced Wednesday that Americans didn’t need to mask up if they were fully vaccinated. CDC qualified that if going in large gatherings, masks might be needed. Does this guidance signals America’s return to normalcy. .....
Will supply-demand imbalance continue as asking prices for NZ homes cross $8K mark?
April 29, 2021 03:29 AM CEST| By Team Kalkine MediaSummary NZ’s most used real estate website has revealed that average asking price of a home in NZ had reached $805,000. Housing demand rose 26%, while supply fell 9% in NZ in the month. House prices may be stable or can fall over this ye.....
Apple net profits double in Q2
April 29, 2021 03:11 AM CEST| By Furquan MoharkanWorld’s largest technology company by market capitalisation, Apple Inc (NASDAQ:AAPL), reported doubling of its net profits in first quarter of the financial year 2021. Apple reported net profit of US$23.63 billion in the quarter ended March .....