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News
Crypto Catch: IMF Chief Economist calls for global effort for crypto regulation
December 17, 2021 01:08 PM AEDT| By Daniel Paul JohnsHighlights IMF chief economist Gita Gopinath said that it was difficult for any one country to regulate crypto A statement issued by the Council of Financial Regulators has endorsed the Australian Federal Treasurer's plans to create rules for t...
Why IMF’s Gita Gopinath sees challenges in banning cryptocurrency
December 17, 2021 09:54 AM AEDT| By AshishInternational Monetary Fund’s (IMF) chief economist Gita Gopinath has called for a global policy on cryptocurrency instead of banning it. It would always be a challenge to ban cryptocurrencies as they operated from offshore exchanges and wer...
US stocks close lower led by tech and consumer stocks
December 17, 2021 08:25 AM AEDT| By Versha JainBenchmark US indices closed in red on Thursday, December 16, driven by technology stock and Consumer stocks. Covid-19 remained a concern for investors amid global cues. The S&P 500 declined 0.87% to 4,668.67. The Dow Jones decreased 0.08% to 35,...
What is VeThor crypto? VTHO spikes over 8%
December 17, 2021 06:34 AM AEDT| By Rupam RoyCryptocurrency is one of the most-discussed topics of 2021. The cryptocurrency market has rallied so far in 2021, while many cryptocurrencies have reached new all-time highs in the 2021 bull run. However, volatility is high in the crypto world, and...
Is price rise trend of top cryptos temporary?
December 16, 2021 04:23 PM AEDT| By Jasmine AnandHighlights After experiencing a decline in prices for some time, some major cryptos surged across crypto charts on Wednesday. Dogecoin led the way, with a 33% gain in its price, following an announcement made by Elon Musk that Tesla would start...
Crypto Catch: Tech Glitch Vastly Inflates Bitcoin Price
December 16, 2021 04:16 PM AEDT| By Daniel Paul JohnsCrypto data providers CoinMarketCap and Coinbase experienced apparent glitches on Tuesday causing them to show hugely inflated prices. According to some tweets on unverified accounts, Bitcoin was shown as being valued at US$799 billion per coin on...
Bitcoin’s price jumps over US$49,000 on Fed’s tapering decision
December 16, 2021 09:57 AM AEDT| By AshishBitcoin’s price rose above US$49,000 after the US Federal Reserve announced its decision to double the tapering amount and signalled towards three interest rate hikes in 2022. The popular cryptocurrency which was in the negative zone just bef...
US stocks rally after Fed's tapering decision
December 16, 2021 08:30 AM AEDT| By Rupam RoyBenchmark US indices edged higher on Wednesday, December 15, after Federal Reserve has approved plans to accelerate the winding down of its asset-buying program. Meanwhile, the move to curb inflation paved a way for hikes in interest rates through ne...
Why is Avalanche (AVAX) surging as the crypto market sinks?
December 16, 2021 03:49 AM AEDT| By Versha JainIn the unsteady crypto market, Avalanche is up today. The AVAX price surged more than 10% in the last 24 hours and traded at US$89.58 at 8:25 am ET, Wednesday, December 15, against an overall downward trend in the crypto market. AVAX is ...
3BL Media's Favorite ESG Stories of 2021
December 16, 2021 12:30 AM AEDT| By 3BLThe 3BL Media team is excited to present our 2021 In Review — a list of our favorite environmental, social, governance (ESG) stories from 3BL Professional clients this year. In many ways, t...
3BL Media's Favorite ESG Stories of 2021
December 16, 2021 12:30 AM AEDT| By 3BLThe 3BL Media team is excited to present our 2021 In Review — a list of our favorite environmental, social, governance (ESG) stories from 3BL Professional clients this year. In many ways, t...
Five popular careers in the crypto space
December 15, 2021 10:02 PM AEDT| By Daniel Paul JohnsHighlights A blockchain developer is responsible for creating and optimising blockchains A blockchain product manager is responsible for developing and optimising blockchain-based products Software engineers develop and maintain the applicatio...
Ethereum’s Difficulty Bomb Diffused
December 15, 2021 09:58 PM AEDT| By Daniel Paul JohnsHighlights The Difficulty Bomb refers to the increasing rate of time required to mine a new block on the Ethereum blockchain Because proof-of-work mining model requires strong computing power to release crypto coins, that makes it a heavy...
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Keep an eye on these NASDAQ stocks in 2022
December 15, 2021 09:29 PM AEDT| By AayushHighlights The MSCI World Index has delivered a return of 22.31% for the one-year period ending 30 November 2021. A 40-year high inflation in the US and the emergence of the Omicron variant are concerns for investors. ABNB, DDOG, HRMY, etc., a...
Would Bitcoin make a comeback from lean patch?
December 15, 2021 06:37 PM AEDT| By Jasmine AnandHighlights Bitcoin has been seeing a continuous plunge in its prices for almost five consecutive weeks. While some analysts believe that this is the beginning of the downfall of the largest crypto across the world, others believe that Bitcoin w...
Crypto Catch: Bank of England says bitcoin potentially “worthless”
December 15, 2021 02:47 PM AEDT| By Daniel Paul JohnsHighlights Bitcoin had a positive 24 hours after a drop of around seven percent yesterday Dogecoin, has jumped more than twenty percent in the past 24 hours The Bank of England has provided a scathing assessment of Bitcoin, warning that th...
Crude oil dips on strong dollar and oversupply concerns
December 15, 2021 12:55 PM AEDT| By Arpit VermaHighlights Crude oil price tumbled on Tuesday. Producer prices reached 11-year highs on Tuesday. Governments across the globe are trying hard to put restrictions to curb the spread of the Omicron variant. Crude oil prices tumbled to nearl...
Bitcoin holders risk losing ‘everything’, Bank of England warns
December 15, 2021 10:13 AM AEDT| By AshishWhile Bitcoin has only been around for just over a decade, it has already garnered a reputation as an investment craze. The exchanges across the world say that the average age of investors has fallen even as their investments have gone up – c...
Apple hits US$3 Trillion milestone; US stocks slip on a consecutive day
December 15, 2021 08:09 AM AEDT| By Versha JainBenchmark US indices continued retreating on Tuesday, December 14, ahead of Federal Reserve’s policy decision on Wednesday after a two-day meeting. The central bank is expected to wind down the bond purchase faster than anticipated next year.&n...
What is Decentralized Social crypto? DeSo coin hits all-time high
December 15, 2021 03:39 AM AEDT| By Rupam RoyThe year 2021 has witnessed a rally of digital currencies. While various cryptocurrencies have reached their record highs, many have debuted in the market after initial coin offerings. Investors also cheered on cryptos for the returns the digital c...
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