News
Cardano, Stellar- 2 cryptos under $1 to explore in 2022
April 21, 2022 04:45 PM AEST| By Jasmine AnandHighlights Some inexpensive altcoins like Cardano and Stellar carry immense growth potential Cardano’s Ouroboros protocol helps in validating transactions without high energy costs Stellar delivers low-cost transactions in emerging regio.....
Why IMF expects Australian economy to grow at 4.2% in 2022
April 21, 2022 08:59 AM EEST| By Toshiva JainHighlights Recent forecasts state that recovery would take a backseat in 2022 because of war, and global economy would experience a slowdown. According to the IMF, Australia has the upper hand in 2022 as the commodity boom protects Australia fr.....
How is higher cost of living impacting first home buyers in Australia?
April 21, 2022 07:16 AM EEST| By Toshiva JainHighlights A recent report on housing affordability showcased that Australian first home buyers seeking new home loans have fallen since March 2021. With rising inflation and consequent increase in cost of living, housing affordability has cons.....
Crypto Catch: Will Bitcoin hit US$1 million by 2030?
April 21, 2022 02:11 PM AEST| By Daniel Paul JohnsHighlights CEO of a prominent investment firm has predicted bitcoin will be worth a million dollars in the near future Bitcoin held steady overnight, climbing just half a per cent to just above US$41,500 A prominent investment firm CEO has.....
Inflation jumps to 30-year high in NZ, what to expect from Australia?
April 21, 2022 07:00 AM EEST| By Akanksha VashishtHighlights Inflation reached a 30-year high level of 6.9% in New Zealand in the March 2022 quarter. Soaring inflation in Australia has compelled the central bank to push the date of a rate hike closer. The IMF has upgraded its economic growth .....
Why is Monero (XMR) crypto gaining attention? All you need to know
April 21, 2022 02:30 AM AEST| By Rupam RoyThe Monero (XMR) crypto has gained traction after its developers confirmed in a GitHub post that the protocol would undergo a tentative hard fork in July to improve its network security and fee charges. They also added that a testnet deployment cou.....
Why is metaverse developer Radio Caca (RACA) crypto gaining attention?
April 21, 2022 01:22 AM AEST| By Versha JainThe Radio Caca (RACA) token has been drawing attention after announcing critical updates, including its listing on the Kucoin crypto exchange. RACA will start trading at 08:00 am UTC on April 21. Radio Caca has also announced airdropping 2,0.....
What is API3 (API3) crypto? Everything you need to know
April 21, 2022 12:38 AM AEST| By Rupam RoyThe API3 (API3) crypto seems to be gaining traction, with the price surging over 16% on Wednesday morning. Its trading volume rocketed over 217% in the last 24 hours. The global crypto market has been highly volatile in recent days. On Wednesday, .....
Storj crypto volume skyrockets 900% on big update. Here's what happened
April 20, 2022 10:23 PM AEST| By Raza NaqviThe price of Storj (STORJ) cryptocurrency surged 16 per cent over the previous day and its one-day volume skyrocketed over 900 per cent to US$ 330.6 million, according to CoinMarketCap data. After declining rapidly over the past few days, the cryp.....
Why NEAR Protocol (NEAR) token soared over 55% in a month?
April 20, 2022 09:35 PM AEST| By Versha JainThe NEAR Protocol (NEAR) token was up on Wednesday after providing a series of updates. NEAR plans to hold a one-day session on April 21 about its development tools and new features at the Devconnect venue in Boom Chicago, Amsterdam. The Dev.....
Calo (CALO) crypto: Why is it grabbing attention?
April 20, 2022 08:28 PM AEST| By Manu ShankarCalo Metaverse is primarily a sneakers system that aims to create gameplay using exclusive NFTs. Based on running, the Calo metaverse fitness app, which is based on future, artificial intelligence, and VR technology, aims to enhance the sports prac.....
Whitehaven (ASX:WHC) on track to meet FY22 guidance despite fall in Q3 sales
April 20, 2022 12:07 PM EEST| By Arpit VermaHighlights Whitehaven Coal Limited (ASX:WHC) has produced 5% more coal in its third quarter relative to the same quarter in FY21. Despite a fall in the company's total managed coal sales, the miner is committed to delivering its FY22 guidance....
GMT crypto soars 3400% since March 11 to reach ATH. How high can it go?
April 20, 2022 06:35 PM AEST| By Raza NaqviSince its launch, STEPN's Green Metaverse Token (GMT) has caught investors' attention, as indicated by the rise in the cryptocurrency price. At the time of drafting this article, the GMT crypto was up about eight per cent to US$ 3.51 per token, an.....
JasmyCoin rises: What are Jasmy’s IoT Services?
April 20, 2022 06:12 PM AEST| By Ankit SethiHighlights One crypto asset, Shera or SHR, has risen so sharply that even enthusiasts are stunned JasmyCoin, linked to the Jasmy IoT project, has also appreciated over the past 24 hours Jasmy IoT seems to be targeting the data storage space, but...
QNT crypto rises: What are Quant’s ‘Overledger’ and MLT services?
April 20, 2022 04:17 PM AEST| By Ankit SethiEvery crypto asset is linked to a certain project seeking to provide certain solutions. For example, Ether or ETH is linked to Ethereum, which is a blockchain network that can support ERC-20 coins, and non-fungible tokens. ETH enables payment of fe.....
Key takeaways from PM Ardern’s visit to Singapore and Japan
April 20, 2022 08:56 AM EEST| By SonalHighlights After February 2020, New Zealand Prime Minister Jacinda Ardern made her first tour abroad to Singapore and Japan. Ardern is on a trade mission to rebuild the NZ economy by reconnecting with these 2 countries. Ardern is scheduled to...
What is Harmony (ONE) crypto? Things you need to know about it
April 20, 2022 03:43 PM AEST| By Jasmine AnandHighlights Harmony, a blockchain-based platform, uses the sharding technique and aims to facilitate DAapps creation and use Its network runs on Effective Proof of Stake, a newer version of the proof-of-stake model The said method is relatively.....
Crypto Catch: Australia set to list its first Bitcoin ETF
April 20, 2022 02:18 PM AEST| By Daniel Paul JohnsAustralia will reportedly list its first-ever Bitcoin exchange-traded fund on the Cboe equities trading platform as early as next week. A report from the Australian Financial Review says Australian regulator, ASX Clear, has accrued four organisati.....
Oil crawls up after dipping more than 5% on Tuesday
April 20, 2022 06:55 AM EEST| By Arpit VermaHighlights Crude oil prices inched higher on Wednesday. The IMF has lowered its forecast for global growth by nearly a full percentage point. The bearish outlook added to price pressure from the dollar trading at a nearly two-year high level, .....
Is Inflation likely to take a breather by the end of 2022?
April 20, 2022 05:47 AM EEST| By ManikaHighlights Rising inflation is becoming the main concern in New Zealand Tomorrow’s numbers could take the inflation rate to 7% RBNZ Governor Adrian Orr told IMF that the Bank was `not in great place’ inflation is set to rise w.....