News
Shiba Inu coin buzzes again: Can it reach $1 in 2022?
February 07, 2022 10:08 PM AEDT| By Raza NaqviThe cryptocurrency market was trading in the green on Monday, February 7, as investors seem to have regained their confidence in virtual assets. Bitcoin, the world's oldest cryptocurrency, was about 15 per cent to US$ 42,591.7 per token at the tim.....
Top 5 Web 3.0 crypto projects to watch
February 07, 2022 10:08 PM AEDT| By Ankit SethiHighlights Web 3.0 is all about a decentralized internet where users are more powerful than tech entities Dozens of projects are working on Web 3.0, but ones with high market cap and a defined utility make an interesting watch Crypto p.....
Can Tectonic crypto hit $1 by 2025? TONIC token’s price prediction
February 07, 2022 08:22 PM AEDT| By Ankit SethiHighlights Tectonic, a DeFi protocol, has been gaining value over the past few weeks The TONIC token of the project is used for staking, but as of now, it has a very low market cap The price movement of other cryptos and the performance of the.....
Mines of Dalarnia (DAR) crypto: How long will the rally sustain?
February 07, 2022 07:01 PM AEDT| By Manu ShankarHighlights Developed by Workinman Interactive, Mines of Dalarnia (DAR) coin is primarily an action-packed blockchain-based game that is powered on Ethereum and Binance Smart Chain protocol. On 7 February, the Mines of Dalarnia's saw a.....
Crypto Catch: North Korean hackers reportedly use stolen crypto to fund missile programme
February 07, 2022 04:04 PM AEDT| By Daniel Paul JohnsNorth Korean cyber criminals have robbed cryptocurrency worth millions of dollars to finance North Korea’s missile programme. According to a UN report, between 2020 and mid-2021 cyber-attackers stole more than US$50 million of digital assets.....
3 NZX green stocks on investors’ radar- CEN, MEL, GNE
February 06, 2022 08:00 PM CET| By SonalHighlights NZ is not on track to fulfil its 2030 and 2050 climate commitments as per the OECD report. Genesis designated its 2047 Capital Bond as a Green capital bond on 28 January 2022. Trustpower reported that it would maintain its EBITDAF i.....
Can Fed rate hikes impact emerging markets?
February 05, 2022 02:52 PM CET| By AshishHighlights Kristalina Georgieva, managing director of the IMF, recently said interest rate hikes by the Fed could have an impact on global recovery. She feared that escalated interest rates in the US could make repayment costlier for econom.....
What is UFO Gaming (UFO) and why was it in news this week?
February 06, 2022 12:39 AM AEDT| By Aditi SahaHighlights Metaverse-themed projects are getting attention in the gaming world. A metaverse gaming platform that is currently hitting the headlines is UFO Gaming. UFO Gaming is a decentralised gaming platform that permits a player to earn more.....
What impact is the crypto market having on the economy?
February 06, 2022 12:36 AM AEDT| By Daniel Paul JohnsHighlights At a time when the the global economy is dealing with the fallout of the pandemic, never has the determination of crypto’s impact on the wider economy been more important Just recently, the Russian media reported the Deputy.....
What’s next for Star Atlas after its recent rally?
February 05, 2022 09:28 PM AEDT| By Manu ShankarStar Atlas crypto (ATLAS) is one of the prominent names that one can’t afford to miss if you are in the metaverse space. The astral-themed metaverse project, which is powered by the Solana blockchain has seen significant growth ever since the.....
Shiba Inu (SHIB) takes plunge into metaverse: 6 facts about meme token
February 05, 2022 12:00 PM AEDT| By Versha JainHighlights Shiba Inu (SHIB) takes the plunge into metaverse with the Shiberse project. Shiba Inu (SHIB) token soared 3.46% at 7:37 am ET on Friday after the recent decline. The token gained 206800% in one year. Shiba Inu (SH.....
Volvo, Northvolt to build US$3.3-bn battery gigafactory in Sweden
February 05, 2022 01:27 AM CET| By Rupam RoyHighlights The plant’s construction, which includes an R&D center, will begin next year. The batteries for Volvo and Polestar models are expected to start in 2025. The new facility would create 50-gigawatt-hour (GWh) of battery c.....
S&P, Nasdaq rise after Amazon.com Inc (AMZN) earnings, jobs report
February 04, 2022 02:53 PM PST| By Team Kalkine MediaThe S&P 500 index and Nasdaq Composite closed in the green, while Dow Jones marginally declined on Friday, February 4, after Amazon’s strong earnings and positive jobs report. The S&P 500 rose 0.52% to 4,500.53. The Dow Jones fel...
Bitcoin (BTC) price zooms over 9%, biggest jump since October
February 05, 2022 08:49 AM AEDT| By Rupam RoyHighlights Bitcoin (BTC) price made its biggest jump in more than three months. Ethereum (ETH) and Solana (SOL) also rallied on renewed investors’ confidence. An upbeat economic outlook may have turbocharged the crypto market. Bitco.....
Is Meta Platforms’ (FB) US$250-bn loss biggest wipeout in US history?
February 04, 2022 08:58 PM CET| By Versha JainHighlights Meta Platforms, Inc. (FB) lost around US$250 billion in market value in a single day. The Dow Jones US Technology Total Stock Market Index’s total YTD decline widened to 10.97% after the stock rout. Meta&.....
Snap Inc (NYSE: SNAP) nixes iPhone privacy fears - answer to Meta woes?
February 04, 2022 05:58 PM CET| By Rupam RoyHighlights Snap Inc forecasts revenue of US$1.03 billion to US$1.08 billion in Q1, FY22. It expects daily active users to be in the range of 328 million to 330 million. The company reported its first positive net income since its IPO in March .....
Will Manchester United-Tezos deal trigger a fan token?
February 05, 2022 01:23 AM AEDT| By Manu ShankarHighlights • UK football giant Manchester United unveiled their £20 million per year training kit sponsorship with blockchain platform Tezos. • Tezos previously had deals with Red Bull Racing Honda, other leading MLB teams as well.....
Bitcoin down nearly 50% from all-time high. What led to this fall?
February 05, 2022 12:50 AM AEDT| By Aditi SahaHighlights Bitcoin started the year 2022 with a lot of pain and has been going through a rough patch. Investors had high hopes for Bitcoin’s rise in 2022, but the crypto’s lacklustre performance disappointed them. Bitcoin has been .....
Is Crypto bear market coming to an end? What is the future for crypto?
February 05, 2022 12:29 AM AEDT| By Daniel Paul JohnsHighlights The money supply in the US normally grows about 7% per year. However the COVID relief funds, which in November last year were estimated to be US$5 trillion, increased the money supply by 27% The vast majority of major digital currenc.....
The impact of climate change- warming Winter Olympics?
February 04, 2022 02:21 PM CET| By Toshiva JainHighlights The Beijing Winter Olympics 2022 is the first-ever Winter Olympics to rely on 100% artificial snow. Additionally, 49 million gallons of water is required to build artificial snow for the Beijing Olympics 2022. According .....