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USD loses 97% value vs Bitcoin: What it means for world’s largest crypto
February 16, 2022 06:49 PM AEDT| By Daniel Paul JohnsHighlights According to data from Finbold, the US Dollar has lost up to 97.58% of its buying power relative to Bitcoin in the last five years. In the past two years, the number of satoshis that could be purchased with one USD fell 75.24%. In J.....
Moonriver crypto price prediction: MOVR token rises
February 16, 2022 06:15 PM AEDT| By Ankit SethiHighlights Moonriver promises to help developers deploy existing DApps to other networks Moonriver is using the Kusama blockchain platform, while the project’s other network, Moonbeam, will use Polkadot The MOVR token has use within the .....
What is Catcoin crypto & why its price is skyrocketing?
February 16, 2022 06:06 PM AEDT| By Raza NaqviThe price of Catcoin crypto (CATS) has skyrocketed in the last 24 hours, and at the time of writing, it was up over 600 per cent to US$ 0.000000001607 per token. Experiencing a massive trading activity, the Catcoin crypto's one-day volume catapult.....
What is tulip-mania, and why are experts recalling it now?
February 16, 2022 06:06 PM AEDT| By Akanksha VashishtHighlights There is a significantly overvalued market for cryptocurrencies, urging some to connect it to the tulip-mania of the 1600s. Tulip bulbs were perceived as a luxury item in the 1600s, leading to faulty speculations in the market for tu.....
Which global events can influence the Australian economy?
February 16, 2022 03:58 PM AEDT| By Akanksha VashishtInternational developments have always played a crucial role in determining the strength of the Australian economy. The COVID-19 pandemic created a shock-like scenario in Australia, first by shutting down the entire economy and then by leading to a.....
JPMorgan taps into metaverse frenzy, opens Onyx lounge in Decentraland
February 16, 2022 03:10 PM AEDT| By Aditi SahaHighlights The largest bank in the US, JPMorgan Chase, has forayed into the metaverse by building an Onyx lounge in Decentraland, a blockchain-based virtual world. JPMorgan is the first big financial institution to have a virtual presence. The.....
What is green shorting? How can it pressure heavy carbon emitters?
February 16, 2022 02:46 PM AEDT| By AshishHighlights Green shorting is a form of short selling where an investor shorts a company, primarily on its climate credentials. This way pressure can be exerted on heavy carbon emitters for decarbonising their operations. In the past few years,.....
Eye on IP, Platina Resources (ASX:PGM) produces high-grade aluminium-scandium master alloy
February 16, 2022 02:38 PM AEDT| By Anam SiddiquiPlatina Resources Limited (ASX:PGM) shares edged up ~4% on Wednesday to trade at AU$0.055 (AEST: 11:56 AM) following a significant update. In an encouraging step towards creating a valuable intellectual property (IP), Platina’s IP developmen.....
RBA may hike cash rate in June 2022, says CBA economist
February 16, 2022 02:35 PM AEDT| By Bhawna GuptaA senior economist at Commonwealth Bank of Australia (ASX:CBA), Gareth Arid has said that the Reserve Bank of Australia (RBA) would begin raising the cash rate in June. In the CBA report, Aird has said that inflation will be far higher than the RB.....
Crypto Catch: Fidelity launches Europe's cheapest Bitcoin ETP
February 16, 2022 02:29 PM AEDT| By Daniel Paul JohnsHighlights The Fidelity Physical Bitcoin ETP (FBTC) is now listed on the Deutsche Boerse and Frankfurt Stock Exchange The ETP has a total expense ratio of 0.75%, the equal-cheapest on the European market Over half of crypto investors surveyed .....
Oil tumbles 3% as Russia withdraws some troops from Ukraine
February 16, 2022 01:30 PM AEDT| By Arpit VermaHighlights Crude oil prices tumbled on Tuesday. The substantial drop in the prices came after Russia stated that it has withdrawn some of the military units back to bases. Investors are also eyeing talks between the US and Iran on reviving the.....
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US stocks break three-day losing streak, RESN, SPCE fly high
February 15, 2022 02:10 PM PST| By Versha JainBenchmark US indices reversed their three-day losing streak on Tuesday, February 15, after broad gains across sectors amid Russia’s decision to withdraw troops from the Ukraine border. The S&P 500 surged 1.58% to 4,471.07. The Dow Jo...
How HMRC is trying to tighten its noose around crypto frauds
February 16, 2022 05:00 AM AEDT| By Manu ShankarHighlights The HMRC has seized three non-fungible tokens (NFTs) as a part of the £1.4 million (US$1.9 million) fraud case. The NFT seizure was a part of a suspected value-added tax (VAT) evasion case, where three suspects were arrested on.....
Florida woman pays in Ethereum (ETH) to buy home in Propy auction
February 16, 2022 03:48 AM AEDT| By Rupam RoyHighlights A Florida woman paid in NFTs to buy a Tampa house in an online auction last Thursday. The deal was valued at 210 ETH tokens, or equal to US$653,000, in the auction. The house seller is Leslie Alessandra, a real estate investor and f.....
BTT, SHIB & XEC: Top 3 cheap cryptocurrencies with market cap over $1B
February 16, 2022 01:42 AM AEDT| By Ankit SethiHighlights Cheap cryptocurrencies may have their own lure, and a high market cap can add more sheen There are still many cryptos with billion-dollar-plus market capitalizations, but under US$1 per token price Solana, a cheap crypto at the star.....
What makes Hedera (HBAR) crypto such a unique network?
February 16, 2022 12:27 AM AEDT| By Manu ShankarDeveloped by Dr Leemon Baird and Mance Harmon, Hedera (HBAR) is perhaps one of the unique enterprise-graded public networks, which allows individuals and enterprises to create unique decentralised applications (DApps). Operating on the proof-of-st.....
What is LooksRare (LOOKS) NFT marketplace?
February 16, 2022 12:03 AM AEDT| By Manu ShankarLooksRare (LOOKS) is primarily a community-focused NFT marketplace that rewards traders and creators for participating on the platform. Powered by the Ethereum blockchain network, the LooksRare’s smart contracts allow users to access new feat.....
Canada Emergencies Act: Cryptos come under ‘terrorist financing’ laws
February 15, 2022 09:54 PM AEDT| By Ankit SethiHighlights The Canadian government has now invoked emergency powers in a response to the protest by truckers The news has fueled speculations, and some elements being discussed on social media may be hearsay It is best to rely on official stat.....
From Larry David to Lebron James, how celebs are hogging crypto limelight
February 15, 2022 09:29 PM AEDT| By Manu ShankarHighlights Latest celebrities to join the crypto bandwagon are Larry David and Lebron James. Leading crypto exchanges such as FTX, Coinbase, Crypto.com are involved in leading crypto commercials or stadium branding. The cryptocurrency worl.....
What is Mina crypto? Know its price prediction
February 15, 2022 09:29 PM AEDT| By Raza NaqviThe price of Mina (MINA) cryptocurrency was up 17.1 per cent at the time of writing, and it was trading at US$ 2.79 per token. According to CoinMarketCap, MINA crypto's volume climbed 496 per cent in the last 24 hours to $155.9 million. The price .....
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