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News
What is holding back India’s central bank from launching its digital currency?
December 10, 2021 10:21 AM AEDT| By AshishMajor central banks across the globe are not in a hurry to roll out digital currencies. Just after the Reserve Bank of Australia (RBA) Governor Philip Lowe rejected any strong need for the same, the Reserve Bank of India (RBI) Governor Shaktikanta ...
Top cryptocurrencies that led conversations on Reddit in 2021
December 10, 2021 10:18 AM AEDT| By Rupam RoyHighlights Cryptocurrency was among the most discussed topic on Reddit platform in 2021. The Reddit platform saw around 6.6 million crypto mentions this year. Dogecoin, Ethereum, and Shiba Inu were among the top 10 cryptos discussed. The ...
US stocks slip after Omicron restrictions, jobs data
December 10, 2021 08:38 AM AEDT| By Versha JainBenchmark US indices slipped into the red on Thursday, December 9, after countries enforced new travel restrictions on Omicron concerns and jobless benefits claims fell to a record low last week. The S&P 500 slipped 0.72% to 4,667.45. The Dow Jo...
Polygon buys Mir Coin (MIR) for US$400 million – All you need to know
December 10, 2021 07:26 AM AEDT| By Rupam RoyHighlights Polygon is acquiring Mir Coin for US$400 million. The deal includes 190 million MATIC tokens and US$100 million worth of USDC, a stable coin pegged to the US dollar. The agreement consists of a vesting period of three years. Th...
Novi wallet starts crypto payment service on WhatsApp - How it works?
December 10, 2021 07:23 AM AEDT| By Versha JainHighlights Novi head Stephane Kasriel said that a limited number of people in the US can now send and receive money on WhatsApp using NOVI. Novi is a digital wallet of Meta Platforms, Inc. (FB). Novi’s 1 USDP, the stable coin Pax Dollar...
What Next After COP26? Be the Ball.
December 10, 2021 07:00 AM AEDT| By 3BLBefore, during, and after COP26, I could not stop thinking about the final scene in the movie Caddyshack. In the film, young Danny Noonan vies to win ...
Kickstarter builds blockchain-based crowdfunding platform. Here’s why
December 10, 2021 05:57 AM AEDT| By Versha JainCrowdfunding platform Kickstarter (KSR) token traded up 0.31% to US$0.00000005 at 10:27 am ET on Thursday. Why is it up? On Dec 8, the company announced to build a new crowdfunding system based on blockchain technology in the first quarter of 202...
Top metaverse crypto & its price prediction
December 09, 2021 09:31 PM AEDT| By Ankit SethiHighlights Metaverse cryptos are set to enter 2022 with a bang, thanks to the wild interest investors have in these coins Blockchain gaming may not be exactly like metaverse but the two have identical underpinnings like fiction and revenue gene...
Top cryptos by market cap that ruled in 2021
December 09, 2021 08:11 PM AEDT| By Ankit SethiHighlights If Dogecoin and Axie Infinity were wealth creators, top cryptos by market cap were like the blue-chips of crypto world The top five cryptos today may look a little different tomorrow, but Bitcoin and Ether are difficult to disp...
What makes Ampleforth crypto unique
December 09, 2021 07:58 PM AEDT| By Aditi SahaHighlights In the crypto market, there are thousands of cryptocurrencies, and Ampleforth is one of them that is gaining traction right now. The Ethereum blockchain serves as the foundation for Ampleforth. AMPL is intended to be the new d...
Which are the three cryptocurrency stars of the day?
December 09, 2021 06:42 PM AEDT| By Aditi SahaHighlights In the crypto world, there is always a "risk" factor, however, if you invest wisely, your fortune may shine. This article zeroes in on three cryptos that have performed well in last 24 hours. Cfloki X is one such crypto, which has r...
This Aussie fund manager is in news for clocking mind-boggling returns
December 09, 2021 04:11 PM AEDT| By Aditi SahaHighlights An Australian fund manager has achieved 28,000% returns in less than two years. Richard Galvin is the founder of Digital Asset Capital Management (DACM), an investment firm based in Australia. For Australian investors, DACM recently...
How is Bitcoin’s price moving mid-week?
December 09, 2021 04:08 PM AEDT| By Jasmine AnandHighlights Bitcoin remained steady over mid-week as the world’s major crypto leaders testified before US lawmakers regarding various crypto products and services. It continues to be around the US$50,000 mark with slight ups and downs. Th...
Can Bitcoin bounce back to US$60,000 by end of 2021?
December 09, 2021 03:56 PM AEDT| By Aditi SahaIs Bitcoin, the "grandfather" of all cryptocurrencies, growing old? Has Bitcoin lost its ability to withstand the storm of unforeseen events? It's the burning question on everyone's mind right now. Recently, when Omicron fears invaded the markets,...
Crypto Catch: Australia to begin supervising crypto transactions
December 09, 2021 02:22 PM AEDT| By Daniel Paul JohnsAustralian Crypto News The Australian government is gearing up to update legislation governing payments in the largest economic reform in over two decades. The changes will relate to the regulation surrounding payment processors in the online spac...
Are these the 2 best NZX energy stocks to look at before 2022?
December 09, 2021 01:06 PM AEDT| By Jasmine AnandHighlights New Zealand boasts advanced energy companies on its shores. Few of Genesis Energy’s senior management members to step down from their positions next year. Meridian Energy offers incentives to certain employees in order to reta...
Will Australia issue a digital currency? Here’s what RBA says
December 09, 2021 11:39 AM AEDT| By AshishHighlights Reserve Bank of Australia (RBA) Governor Philip Lowe ruled out any strong need for a central-bank digital currency. However, Lowe cautiously welcomed the possibility of creation of central-bank digital currency. Lowe said that Austr...
This crypto coin rose over 15,000% in last one year
December 09, 2021 10:05 AM AEDT| By AshishTerraform Lab’s Luna crypto coin is currently one of the 10 largest cryptocurrencies by market capitalisation (m-cap). Despite the cryptocurrency market witnessing a sell-off recently, which saw prices of major coins such as Bitcoin falling, ...
US stocks close in green for second day straight
December 09, 2021 09:08 AM AEDT| By Rupam RoyBenchmark US indices closed higher on Wednesday, December 8, after the latest economic data showed job openings increased in October, but labor shortage continued. The S&P 500 was up 0.31% to 4,701.20. The Dow Jones rose 0.10% to 35,754.75. The ...
Will Ethereum (ETH) price hit US$5,000 before Christmas?
December 09, 2021 04:03 AM AEDT| By Rupam RoyEthereum (ETH) is the second-largest cryptocurrency after Bitcoin (BTC) based on market capitalization. On Wednesday morning, Ethereum (ETH) traded at around US$4,294, while Bitcoin (BTC) traded at around US$49,069. Analysts forecast Ethereum (ETH...
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