News
20 Canadians who are influencing crypto space big time
December 15, 2021 01:08 AM AEDT| By Raza NaqviBlockchain technology and cryptocurrencies are increasingly becoming mainstream across the world. In 2021, Bitcoin crossed the 60,000 dollar mark and the market cap of the cryptocurrency industry is over US$ 2 trillion. As the industry is expecte.....
Dogecoin rallies on Tesla announcement: Can DOGE hit $1 by 2021?
December 14, 2021 11:38 PM AEDT| By Manu ShankarOn a day when crypto market is seeing a torrid run, Elon Musk came to rescue the market with a massive announcement. The Tesla Inc. chief announced via tweet that the electric carmaker will be accepting Dogecoin (DOGE) as a mode of payment. .....
Can Tesla's Dogecoin acceptance revive crypto market spirit?
December 14, 2021 11:31 PM AEDT| By Raza NaqviHighlights Elon Musk has tweeted that Tesla will allow its customers to buy some merchandise with Dogecoin. The price of Dogecoin (DOGE) cryptocurrency jumped 30 per cent to US$ 0.21 after Elon Musk’s announcement. Earlier this yea.....
What is RTFKT & why is Nike acquiring this company?
December 14, 2021 08:44 PM AEDT| By Raza NaqviNike Inc. (NYSE:NKE) announced on Monday, December 14, that it is acquiring virtual sneaker company RTFKT. One of the most well-known shoemakers in the world, Nike did not disclose the amount of the deal, however, this move could be to become bette.....
Swimming upstream: How Revain survived the crypto crash overnight
December 14, 2021 08:28 PM AEDT| By Daniel Paul JohnsHighlights While the wider market has been taking a dive, one lesser-known crypto has been bucking the trend - Revain (REV) Revain was the first platform to combine the features of traditional review sites, like Yelp, and blockchain technology .....
How COVID-19 pandemic impacted working arrangements in labour market
December 14, 2021 07:58 PM AEDT| By Akanksha VashishtHighlights The work from home setup has considerably increased over the past year as the businesses redefine working arrangements. Employee earnings have risen, though many jobs have been lost in the casual labour market segment. The los.....
FYI Resources (ASX:FYI) wraps up week two of extended HPA trial
December 14, 2021 06:22 PM AEDT| By Team Kalkine MediaHighlights FYI Resources has completed week two of its extended pilot plant trial campaign. The pilot run is the second one-week plant operation and is a part of the four individual trial runs to be conducted during the extended program. ...
What led to MARVIN meme coin’s price surge recently?
December 14, 2021 05:36 PM AEDT| By Jasmine AnandHighlights MARVIN, a relatively new crypto, experienced exponential growth of more than 4,000% Sunday. The dog-based meme currency has been inspired by Tesla’s CEO, Elon Musk’s pet, bearing a similar name. It seems that MARVIN is a.....
Australia records low overseas travel in October, travel stocks slump
December 14, 2021 04:09 PM AEDT| By Akanksha VashishtHighlights The Australian Bureau of Statistics (ABS) has released the overseas travel data for October 2021. Western Australia is expected to open interstate and international borders from 5 February 2022. Stocks of major travel players were d.....
Australia beefs up its army, inks AU$1 billion deal with S Korea
December 14, 2021 03:26 PM AEDT| By AayushHighlights Australia has signed a AU$1.01 billion defense deal with South Korea. Under the defence deal, South Korean company Hanwha will provide artillery weapons, radars and vehicles to the Australian army. Earlier, Australia has announced t.....
Contact (NZX:CEN): What is its latest monthly report all about?
December 14, 2021 03:14 PM AEDT| By SonalHighlights Contact Energy released its operating report for November 2021 on Tuesday. The Group’s customer business recorded mass market electricity and gas sales of 299 GWh in November 2021. CEN plans to transition NZ into a fully renew.....
Crypto Catch: Bitcoin sinks to US$47,000; 90% of Bitcoin Mined
December 14, 2021 01:43 PM AEDT| By Daniel Paul JohnsBitcoin and Other Cryptos Fall Bitcoin’s price has continued to recede despite a brief rise above US$50,000 yesterday. The world’s top crypto dipped to US$47,000 this morning after losing nearly seven percent overnight. This was follo.....
Omicron fear dampens oil demand
December 14, 2021 01:31 PM AEDT| By Arpit VermaHighlights Crude oil price eased on Monday. More than 60 countries across the globe have shown a very high global risk. Governments across the globe including Norway and Britain were tightening restrictions to curb the spread of the virus. .....
Ripple's co-founder wants Bitcoin miners to move to energy-efficient algorithm
December 14, 2021 09:32 AM AEDT| By AshishObtaining Bitcoin is an energy-intensive endeavour as its mining requires a significant amount of energy. As a result, critics question the future of digital assets and single out carbon emissions from the mining. However, Ripple co-founder Chris L.....
US stocks retreat ahead of Fed meeting
December 14, 2021 08:27 AM AEDT| By Rupam RoyBenchmark US indices drifted on Monday, December 13, as investors stayed away from the risky bets ahead of the Fed's two-day policy meeting starting Tuesday, December 14. In addition, worries over the Omicron coronavirus variant have also raised inve...
Olympus (OHM) crypto rallies after falling for a week
December 14, 2021 07:12 AM AEDT| By Versha JainHighlights Olympus (OHM) surged 8.97% on Monday at 8:06 am ET. OHM’s price fell around 45.8% in the last 30-days. Olympus Pro launched Cohort 4 last week, where it added six new partners, namely Keep3r Fixed Forex, Ichi, Sandclock, .....
Elon Musk lands Time magazine’s person of the year for 2021
December 14, 2021 06:27 AM AEDT| By Versha JainHighlights Elon Musk’s Tesla is the top player in the EV market and has around two-thirds of the market. In April 2021, SpaceX won a NASA contract to send US astronauts to the moon after 1972, for the first time. In 2018, Mr. Musk.....
Why is EverGrow (EGC) crypto getting attention?
December 14, 2021 03:56 AM AEDT| By Rupam RoyThe year 2021 has been a boon for the crypto world. Various cryptocurrencies have reached their all-time highs this year, as the investors have turned their focus towards digital currencies. The two names that come to mind while talking about the c.....
Australia seeking new mineral sources amid global urea shortage
December 13, 2021 10:47 PM AEDT| By SamtaHighlights Australia is running through another supply chain crisis. AdBlue stock has been dangerously falling, creating chaos in the market. The Australian Trade Minister Dan Tehan has urged businesses to avoid stockpiling AdBlue......
The rise of Vectorspace AI: How does an AI-mixed crypto world look like?
December 13, 2021 09:58 PM AEDT| By Aditi SahaLet me start by quoting Legendary physicist Stephen Hawking: “Success in creating effective AI could be the biggest event in the history of our civilisation. Or the worst. We just don’t know. So, we cannot know if we will be infinitely.....
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