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News
Bitgert skyrockets following announcement of own blockchain launch
February 14, 2022 08:54 PM AEDT| By Aditi SahaHighlights Bitgert is a blockchain-focused crypto engineering firm. Bitgert has announced that its own blockchain will be launched on 15 February. With the advent of the blockchain, upcoming projects would be able to develop metaverse, dApps, .....
What do economists think of cryptocurrency?
February 14, 2022 08:38 PM AEDT| By Daniel Paul JohnsHighlights One of the world’s leading economists, Tyler Cowen, believes most economists haven’t followed crypto closely. One of the major criticisms of crypto is that it’s just a bubble waiting to burst, not unlike the dot com.....
How high will Ontology Gas (ONG) crypto go after its latest rally?
February 14, 2022 07:15 PM AEDT| By Manu ShankarOntology gas (ONG) is primarily a crypto asset that is powered by the Ontology blockchain network. Focussed to give a higher performance along with the issues of security and data integrity, the ONG crypto forms a perfect solution to the enterprise.....
SHIB price prediction 2025: Can Shiba Inu crypto reach $1?
February 14, 2022 06:48 PM AEDT| By Ankit SethiHighlights Web 3.0 may shine the spotlight on token-based economics, where SHIB may find utility SHIB is being accepted as a form of payment by a few companies, but there’s a long way to go Shiba Inu may become a formidable blockchain ec.....
DOGE price prediction: Can Dogecoin reach double digits by 2025?
February 14, 2022 06:17 PM AEDT| By Ankit SethiAfter having pulled off a comeback in the first week of February, cryptos seem to have entered a subdued phase again. BTC and Ether, the two biggest assets, have lost value over the past one week. And so have other major cryptocurrencies except a f.....
What are NFTs? Are these popular across NZ?
February 14, 2022 04:45 PM AEDT| By Jasmine AnandHighlights Non-fungible tokens, also known as NFTs, have exploded in popularity and value since last year Mostly digital collectibles like art forms, music, in-game items, etc., these digital assets are stored online in a blockchain An NFT-bas.....
Bitcoin out of your league? Here are major altcoins to watch in 2022
February 14, 2022 03:14 PM AEDT| By Aditi SahaThe growing popularity of cryptos implies a great deal of potential for the cryptocurrency market in 2022. If you failed to buy Bitcoin during its early stage when it was trading below US$100, don’t despair, there are several altco.....
Crypto Catch: Bitcoin hashrate rises to all-time high; Injective(INJ) in focus
February 14, 2022 02:55 PM AEDT| By Daniel Paul JohnsHighlights The Bitcoin hashrate increased by as much as 31% between February 11 and February 12. Bitcoin’s current price is around US$42,000. DEC platform Injective (INJ) has gained traction after hitting an all time low on February 3. .....
Crude oil hits fresh seven-year high amid Russia-Ukraine tension
February 14, 2022 02:00 PM AEDT| By Arpit VermaHighlights Crude oil prices rose on Monday. The comments from the US about a forthcoming attack by Russia on Ukraine have shocked the worldwide financial market. A significant drop in the US crude inventories has also added pressure on the sup.....
Five companies which accept payments in cryptocurrency
February 14, 2022 11:57 AM AEDT| By Aditi SahaHighlights Using cryptocurrencies to pay for products and services is getting popular. A rising number of corporations across industries are permitting consumers to pay for their products using crypto as an official means of payment. In 2014, .....
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Three major challenges the NFT market needs to address
February 13, 2022 02:52 PM AEDT| By Daniel Paul JohnsHighlights NFTs (non-fungible tokens) are digital assets, which can hold a variety of content ranging from music to art. There have been several instances where counterfeit NFTs have been put up for sale on websites. The lack of a standard met.....
A look at a few DeFi cryptos
February 13, 2022 02:32 PM AEDT| By Aditi SahaHighlights Founded in January 2020, Curve is a decentralised exchange utilising an automated market maker (AMM) for managing liquidity. Chainlink enables blockchains to safely interact with external events, data feeds and payment options via a .....
Art or not? The absurd irony behind booming NFT art market
February 13, 2022 01:24 PM AEDT| By Daniel Paul JohnsNon-fungible tokens (NFTs) have been all the rage over the past year. If the media is anything to go by, one thing that has kept people occupied during lockdowns is investing in crypto and buying NFTs. One of the most focussed upon NFTs are those .....
From BITO to BTF: Top crypto ETFs to watch in 2022
February 13, 2022 06:23 AM AEDT| By Versha JainThe global crypto market has grown leaps and bounds, from US$18.5 billion on February 11, 2017, to US$1.97 trillion on February 10, 2022. Currently, it has around 17,500 cryptocurrencies and more than 450 cryptocurrency exchanges globally, as per c.....
Crypto films: Increased adoption inspires filmmakers to make movies
February 12, 2022 09:10 PM AEDT| By Manu ShankarFor the past few years, cryptocurrencies have seen exponential growth. Such has been its impact that many first-time investors are getting into, preferring it over the conventional investment vehicles. Especially during pandemic, which saw the worldw...
Weekly roundup of FTSE 100 risers and fallers (February- 07-11)
February 12, 2022 11:01 AM AEDT| By Sreenivas D AjankarFTSE 100 managed to hold on to its gains despite weakness towards the end of the week and moved higher on a weekly basis. There were some concerns about the US rate hike after the surge in inflation. Here we are giving the roundup of the top gainer...
Ford Motor Co (F) mulls setting up EV manufacturing hub in India
February 12, 2022 10:00 AM AEDT| By Sanjeeb BaruahFord Motor Co (NASDAQ: F) may produce electric vehicles in India for exports, the company said on Friday, months after it announced the closing of operations in the country due to lack of profitability. In a statement on Friday, cited by Reuters, .....
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US stocks slip as oil prices rise to 8-year high; KOS, XOM top gainers
February 12, 2022 09:43 AM AEDT| By Versha JainBenchmark US indices slipped into the red on Friday, February 11, as oil prices surged to an eight-year high, further adding to the inflationary pressure a day after the crushing CPI data. The S&P 500 fell 1.90% to 4,418.49. The Dow Jones declin...
What is SKALE Network (SKL)? All you need to know
February 12, 2022 08:19 AM AEDT| By Rupam RoyThe SKALE Network (SKL) token surged over 22%, while its trading volume increased by more than 289% in the last 24 hours to Friday afternoon for no apparent reason. What is SKALE Network (SKL)? Skale is designed to provide scalability to the Ethe.....
Uber (UBER) to accept cryptos if exchange costs, climate issues resolve
February 12, 2022 07:56 AM AEDT| By Versha JainHighlights Uber said it will accept cryptocurrency in the future. It said the high transaction cost in the exchange makes it unviable for adoption now. Uber Technologies (UBER) stock fell 37.8% in one year. Ride-hailin.....
AI on the Rise: A Look at Top AI Companies and Their Stocks