News
South Korea to issue NFTs for presidential elections fundraise
January 04, 2022 09:41 AM AEDT| By AshishIn a first, the ruling political party of South Korea would issue non-fungible tokens (NFTs) for fundraising in a presidential election. According to the Democratic Party of Korea’s (DPK) presidential candidate Lee Jae-myung's campaign commit.....
US manufacturing PMI falls in December, factory activities up
January 04, 2022 09:09 AM AEDT| By Rupam RoyHighlights The US manufacturing purchasing managers index (PMI) was 57.7 in December, lower than the previous month. The total construction spending rose 0.4% in November. President Biden was scheduled to interact with farmers, ranchers, and i.....
Why Keep Network (KEEP) crypto jumped over 12% today?
January 04, 2022 06:17 AM AEDT| By Rupam RoyHighlights The KEEP token surged over 12% on Monday morning. It gave a return of over 274% over the last 12 months. It reached an all-time high of US$296.45 in Dec 2020. The Keep Network (KEEP) token jumped over 12% to US$0.808 on Monday .....
What is Powerledger (POWR) crypto?
January 04, 2022 05:38 AM AEDT| By Rupam RoyHighlights The Powerledger (POWR) token slumped over 15% on Monday. The token climbed an all-time high of US$2.01 on Jan 4, 2018. It gave a return of over 34% over the last 12 months. The Powerledger (POWR) token fell over 15% to US$0.650.....
Why is PancakeSwap (CAKE) token up today?
January 04, 2022 05:18 AM AEDT| By Versha JainHighlights The PancakeSwap token price (CAKE) rose 2.98% to US$12.36 at 08:03 am, ET, Monday. The token rose after it tweeted about Goldminer Syrup Pool and Farm. GoldMiner is a play-to-earn game, where players can mine gold from in-game.....
Apple’s new products in 2022 – from Mac Pros, iPhone 14 to VR headset
January 04, 2022 03:49 AM AEDT| By Sanjeeb BaruahApple Inc has lined up a series of exciting products, from Mac Pros, iPad Pros to VR/AR headsets, for 2022 launch after limited product launches and modest success last year. Apple’s 2022 line-up includes the powerful new Mac and iPad Pros, .....
Can NFTs be used for money laundering?
January 03, 2022 02:44 PM AEDT| By Sundeep RadeshHighlights The year 2021 has seen the mainstreaming of non-fungible tokens (NFTs). The anonymity capabilities that blockchain provides, coupled with the nature of NFTs make it possible to be used for money laundering. NFTs can also be traded f.....
Do Quantum Computers Pose a Big Threat To Bitcoin?
January 03, 2022 12:38 AM AEDT| By Daniel Paul JohnsOver the past ten years, cryptocurrency has emerged as an asset class which has provided a system, doing away with interference from external third parties. As such, crypto holds the key to changing finance as we know it. But there’s a threa.....
Is Australia standing apart from the world inflation fever?
January 03, 2022 12:30 AM AEDT| By Akanksha VashishtHighlights Early in December, the central bank indicated that a further increase in inflation levels is needed for monetary policy tightening. After the December monetary policy meeting, rate hike expectations have been pushed back. Rising com.....
How to spot a "Crypto Ninja "?
January 02, 2022 12:31 AM AEDT| By Aditi SahaHighlights The term "crypto portfolio" refers to an investor's collection of cryptocurrency coins and financial products. Crypto portfolio managers must exercise caution, be prudent and allocate capital strategically. To assist investors.....
These trends can become catalysts for Australia’s growth in 2022
January 02, 2022 12:27 AM AEDT| By Akanksha VashishtHighlights The year 2021 saw significant changes among corporations worldwide when companies ran their operations remotely. The pandemic has sparked some interesting developments for the Australian economy, which can be a starting point for imp.....
Polygon and Polkadot - two cryptos to explore in 2022?
January 02, 2022 12:22 AM AEDT| By Rupam RoyAlthough the global cryptocurrency market has cooled down since its impressive run earlier this year, it hasn’t stopped enthusiasts from placing their bets on digital assets. According to CoinMarketCap, there are currently around 16,200 cryp.....
As we enter 2022, know how Bitcoin compares with the US dollar
January 01, 2022 02:30 PM AEDT| By Ankit SethiThe year 2021 was a year dominated by cryptocurrencies, so much so that a few nations announced a ban on cryptos and a few hotly debated regulating their trade. Now, as we step into 2022, the crypto market will likely enter a new phase. This phase.....
Crypto day trading: How to make profits in cryptos?
January 01, 2022 12:13 AM AEDT| By Ankit SethiHighlights In stocks, day trading is purchase and sale of share/s or other assets over a single day of trading Unlike the stock market, cryptocurrency market functions round the clock, all days of the year Crypto day trading, like othe.....
Why are people buying virtual real estate? Should you too?
December 31, 2021 10:26 PM AEDT| By Ankit SethiHighlights In 2021, parcels of virtual land on Decentraland and The Sandbox sold for millions of dollars each From Adidas to Nike to Paris Hilton, many have jumped onto the virtual real estate bandwagon These virtual assets have their ow.....
The top crypto gainers of 2021, and a couple of underperformers
December 31, 2021 10:13 PM AEDT| By Ankit SethiHighlights Year 2021 was first ruled by NFTs, and the last couple of months saw the rise of metaverse New blockchain networks also gained in 2021, especially because they threaten Ethereum’s dominance Bitcoin’s ups and downs .....
How is BetaShares Crypto ETF (ASX:CRYP) performing?
December 31, 2021 07:15 PM AEDT| By Aditi SahaHighlights On November 4, BetaShares, an Australian fund management firm, launched BetaShares Crypto ETF (ASX:CRYP) on the ASX. BetaShares has become one of Australia's most prominent fund managers, specialising in ASX-listed exchange traded fu.....
Would inflation take a breather in 2022?
December 31, 2021 06:45 PM AEDT| By AayushThe COVID-19 pandemic has battered economies in many ways, loss of jobs and lives, the wreckage of the global supply chain, disrupted business conditions, etc. In order to get back on track and recover from battered economies, central banks across .....
Finance sector leads job recovery for Aussies
December 31, 2021 06:23 PM AEDT| By Sukriti NairHighlights The last two years have changed the way economic sectors create jobs in Australia. While manufacturing jobs have fallen, finance, and health sectors have emerged as top job creators. The employment scenario in Australia se.....
Will crude oil continue its rally in 2022?
December 31, 2021 05:34 PM AEDT| By Nitish KumarHighlights Crude oil demand outpaced supply in the year 2021. The EIA estimates global oil inventory to start building up in 2022, on the back of additional supply from the US and OPEC+. With a balance in demand and supply, crude oil pri.....
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