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News
How are Bitcoin, Ethereum’s prices moving amid the Chinese crackdown?
September 28, 2021 03:05 PM AEST| By Jasmine AnandFollowing the ban on all forms of crypto trading in China, which was announced on Friday, the cryptocurrency market witnessed a sharp dip on Friday, as well as on Saturday and then experienced a rise on Monday. Related Read: Binance, Houbi cease o.....
Dalian iron ore climbs up on power curbs
September 28, 2021 12:35 PM AEST| By Arpit VermaDalian iron ore futures gained more than 5% on Monday with prices hitting above CNY700 level. At the same time, the prices of steel rebar and hot-rolled coils surged significantly due to production limitations on power curbs. January delivery iron .....
Germany election results denote a shift in global voting pattern
September 28, 2021 12:32 PM AEST| By Furquan MoharkanBallot paper of the German Bundestagswahl 2009 (Bundestag elections). The centre-left party in Germany seems to be set to form the next government. The centre-left Social Democrats (SPD) were on track for 26% of the vote, ahead of 24.5% for Christi...
Oil rises on strong demand and tight supplies
September 28, 2021 11:56 AM AEST| By Arpit VermaCrude oil prices galloped on Monday with Brent crude hitting near US$80 per barrel on the back of robust demand and tight supplies. December delivery Brent Crude oil futures last traded at US$78.50 per barrel down 0.14%, whereas November delivery W.....
What are Altcoins? How are they different from Bitcoins?
September 28, 2021 09:34 AM AEST| By AshishWhile Bitcoin may be the most popular cryptocurrency, Altcoin, which was launched after the former’s success, has also garnered high-level interest among crypto enthusiasts in the recent past. However, those who are relatively new to the indu.....
Crypto companies that have become unicorns in 2021
September 28, 2021 08:51 AM AEST| By Sanjeeb BaruahWith the crypto craze reaching a new high with each passing day, it is worth taking a closer look at the market to understand the companies involved, what they do, or their combined worth. According to coinmarketcap.com, there are 12,171 different .....
Dow Jones closes higher, S&P 500, Nasdaq drift after tech losses
September 28, 2021 07:15 AM AEST| By Sanjeeb BaruahDow Jones closed higher on Monday, September 27, pulled up by gains in financial and energy stocks, while Nasdaq Composite and S&P 500 retreated as losses in technology shares deepened. The S&P 500 fell 0.28% to 4,443.11. The Dow Jones rose...
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Canada top news: Immunized vs unvaccinated, oil crisis & CIBC expansion
September 28, 2021 12:37 AM AEST| By Shreya BiswasHighlights A new survey done for the Association of Canadian Studies found that over three in every four residents think negatively of the unvaccinated. With supplies as they currently stand natural gas is expected to continue to surge as winte.....
What is Sandwich trade tactic & should it worry you?
September 27, 2021 10:33 PM AEST| By Ankit SethiAre there any special tricks to make more profits in the crypto asset trading space? Although most analysts say that investors should track sentiments in cryptos like Bitcoin and Dogecoin to earn profit, there are special moves that can come handy.....
Canada’s CBDC delay gives early mover advantage to China & others
September 27, 2021 10:00 PM AEST| By Ankit SethiCanada is one of the most advanced economies. From per capita GDP to Human Development Index, the economic indicators boast its economic prowess. To sustain the high-income and heavily globalized economy, Canada should look favorably toward early .....
Opportunities versus risks in Crypto trading
September 27, 2021 08:33 PM AEST| By AayushHighlights Crypto trading seems lucrative solely because of the uncanny ability of these coins to move in the blink of an eye. There are more scary stories of crypto traders than much-hyped “rags to riches”, but these aren’t h.....
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Why is Axion crypto grabbing limelight today?
September 27, 2021 06:43 PM AEST| By SamtaHighlights AXN is trading 144.94% higher in the last 24 hours with a trading volume of US$1.48 million. Bitcoin fell by 0.345% on Saturday, following a 4.54% drop on Friday, ending the day at $42,714.0. Buyer can purchase AXN at a discounted r.....
What powered Bitcoin, Ether and other cryptos to shoot up despite China ban
September 27, 2021 06:17 PM AEST| By Chitranjan KumarHighlights Bitcoin price rose 4.4% to trade around US$44,100 on Monday. Ether has made a huge gain of 10% in the past 24 hours. Cardano rose 0.7%, Binance Coin gained 4%, and Dogecoin prices rose 1.7%. Uniswap and SushiSwap emerged as bigge...
Should pharmaceutical companies waive IP rights on COVID vaccines
September 27, 2021 06:10 PM AEST| By Tripti JoshiHighlights Waiving intellectual property (IP) rights would allow additional manufacturers to bypass the IP barriers and manufacture the COVID-19 vaccine. The patent protection waiver can provide some immediate relief in terms of the produ.....
Do you know how much Bitcoin Cash has soared in one year?
September 27, 2021 06:02 PM AEST| By Akanksha VashishtHighlights Bitcoin Cash differs from the largest cryptocurrency, Bitcoin, in many ways, including a major difference in its block size. Bitcoin Cash allows the creation of a peer-to-peer electronic cash system, providing higher liquidity. Bitc.....
China pumping billions into system to soften Evergrande blow
September 27, 2021 05:04 PM AEST| By Furquan MoharkanThe Chinese central bank – People’s Bank of China – has been pumping lot of cash into the system, as property developer China Evergrande’s default looms large on the world’s second largest economy. According to data c.....
Gravitoken: Is This Crypto’s Astonishing Growth Too Good to Be True?
September 27, 2021 03:36 PM AEST| By Daniel Paul JohnsA wise man once said: If something seems too good to be true, it probably is. Or as my grandfather likes to say, “There’s no such thing as a free lunch”. This wisdom can be applied to every facet of life, but it particularl.....
How much would you have made in Binance coin in one year?
September 27, 2021 03:26 PM AEST| By Akanksha VashishtBinance exchange has earned the reputation of being one of the most popular crypto exchanges around the world. Consequently, its native crypto, Binance Coin has also gained from this massive success and has jumped significantly in value over the la.....
Asia Pacific markets try to navigate out of Evergrande blues
September 27, 2021 02:05 PM AEST| By Furquan MoharkanHighlights Australia is today’s best performer in the region with 0.94% gain. Shares of Evergrande’s EV arm tanked in Hong Kong. APAC markets are in the green. The equity markets in the Asia Pacific region started the week on .....
Evergrande crisis: China’s debt trap comes home to roost
September 27, 2021 02:04 PM AEST| By Furquan MoharkanIn 2017, when Indian academic Brahma Chellaney coined the term debt-trap diplomacy – a situation where a powerful lending country seeks to saddle a nation with debt so as to increase its leverage over the borrowing nation – it did not hav...
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