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Mercury NZ (NZX:MCY): Is it 100% renewable energy company?
December 07, 2021 02:38 PM AEDT| By SonalHighlights Mercury NZ produces electricity using 100% renewable sources. MCY stayed resilient in FY21 amid a challenging environment. The Group continues to make a renewable investment to support NZ in its goal of achieving net-zero carbon emi.....
Crude oil rises as concern eases over Omicron Variant
December 07, 2021 01:50 PM AEDT| By Arpit VermaHighlights Crude oil price climbs nearly 5% on Monday. Brent crude oil gained nearly 38% in 2021. Saudi Arabia increased the selling price of all crude grades to the US and Asia. Crude oil prices climbed up by about 5% on Monday in hopes .....
Aussie Crypto Exchange Users Furious After Liquidation, Bitcoin rebounds
December 07, 2021 01:34 PM AEDT| By Daniel Paul JohnsCustomers Left Short After Liquidation of Aussie Crypto Trading Platform Crypto trading customers have been left reeling after being left short thousands of dollars following the liquidation of a prominent Australian crypto trading platform. User.....
When will RBA raise interest rates? Here's what Westpac says
December 07, 2021 12:20 PM AEDT| By AshishHighlights Analysts expect the RBA’s meeting on Tuesday to be a non-event. The RBA may maintain status quo on rates for some more time before moving from the record low of 0.1%. It also expects the rising housing prices to come down afte.....
US markets rise, lifted by energy, industrial stocks
December 07, 2021 09:20 AM AEDT| By Versha JainBenchmark US indices closed higher on Monday, December 6, lifted by energy, industrial, and financial stocks as Omicron concerns faded. The S&P 500 surged 1.17% to 4,591.67. The Dow Jones rose 1.87% to 35,227.03. The NASDAQ Composite was up 0.93...
What is Polymath crypto (POLY)? How to buy this rising token?
December 07, 2021 07:43 AM AEDT| By Rupam RoyThe Ethereum-based Polymath token has been gaining traction in the market lately after gaining over 512% this year. What is Polymath? Polymath is a blockchain technology provider. It offers technology to create, issue, and manage security tokens .....
IRS crypto tax reporting rules: All you need to know?
December 07, 2021 05:38 AM AEDT| By Versha JainCryptocurrency income didn’t require disclosure before because there was no mandatory tax reporting rule. But now, it is going to change. The recently adopted infrastructure law that contains guidelines for the crypto industry requires broke.....
Airbnb rentals illegal in NYC if occupants stay less than 30 days
December 07, 2021 04:06 AM AEDT| By Rupam RoyHoliday rental company Airbnb Inc. braces for more troubles as regulators impose new rules. The San Francisco, California-based firm has been struggling amid numerous housing woes in the US. New York City has banned short-term Airbnb lodgings blam.....
5 emerging blockchains that may become Ethereum killers in 2022
December 06, 2021 09:50 PM AEDT| By Ankit SethiThat blockchain is good but Bitcoin and altcoins are not so good is a separate debate. Even some staunchest critics of cryptocurrencies steer clear from writing the blockchain technology off. Overall, 2021 was a good year for cryptocurrencies. Des.....
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Does BitMart Exchange Heist Highlights the Need for Tighter Security?
December 06, 2021 09:22 PM AEDT| By Daniel Paul JohnsImage Source: © Stevanovicigor | Megapixl.com Another month another crypto hack. The latest heist in which hackers managed to find their way through crypto exchange, BitMart’s, security system a get away with close to...
Is Crypto Now Back To a Bear Market?
December 06, 2021 08:50 PM AEDT| By Daniel Paul JohnsThe recent cryptocurrency selloff, which resulted in billions of dollars being wiped off the total market capitalisation, has investors wondering: Is crypto now in a bear market? What Defines a Bear Market? While there’s no clear definitio.....
Australian fund manager makes a fortune by embarking on a 'crypto time machine'
December 06, 2021 08:47 PM AEDT| By Daniel Paul JohnsHighlights An Australian fund manager achieved 28,000% returns in less than two years. Richard Galvin is the founder of Digital Asset Capital Management (DACM), an investment firm based in Australia. For Australian investors, DACM recently int.....
What is Function X crypto? Know its price prediction
December 06, 2021 08:28 PM AEDT| By Raza NaqviAmid the falling prices of almost all the significant cryptocurrencies globally, the Function X crypto (FX) surged on Monday, December 6. In the last 24 hours, the FX coin expanded by 6 per cent, and it was trading at US$ 1 per token. At the.....
Commodity wrap-up for the week that was
December 06, 2021 08:27 PM AEDT| By Arpit VermaHighlights Crude oil has gained more than 38% in the last one year. Cobalt, iron ore, and magnesium were among the top weekly gainers. Gold and silver prices were under pressure during the last week. Global commodities witnessed a rollerc.....
What is MetaVPad crypto? Know METAV price prediction & staking
December 06, 2021 07:01 PM AEDT| By Ankit SethiIf 2021 was about non-fungible tokens (NFTs) and their linked projects like Axie Infinity, 2022 may well be the year of metaverse coins. Metaverse is not all about blockchain or cryptocurrencies, but there seems to be a close link. Isn’t gam.....
What to expect from RBA’s monetary policy meet this week?
December 06, 2021 05:03 PM AEDT| By Akanksha VashishtAs the Reserve Bank of Australia’s (RBA) last monetary policy meet for the year is approaching closer, a wave of new forces has seeped into the economy that may influence the policy decision. This includes the influx of the Omicron variant an.....
Why did Bitcoin's price see a downfall during the weekend?
December 06, 2021 04:58 PM AEDT| By Jasmine AnandHighlights The cryptocurrency market saw a decline when its largest digital currency Bitcoin's prices took a plunge overnight Saturday. Bitcoin witnessed a freefall of nearly 17% and tumbled to about US$43000 and subsequently went for a l.....
2021 saw more women filling up ASX boards; here’s what changed
December 06, 2021 03:37 PM AEDT| By AshishIn what sounds like a resounding thud of Australian women shattering the proverbial glass ceiling, Australia is now one of the three countries globally to have female representation of over 30% on top company boards without gender quotas. Over the .....
What happened to cryptos over the weekend?
December 06, 2021 02:43 PM AEDT| By Daniel Paul JohnsCrypto Weekend Bloodbath Bitcoin has bounced back slightly after plummeting over US$12,000 on Saturday. The price dropped from US$57,500 to US$45,000 on Saturday. This is the biggest dive since the mid-year crash where Bitcoin lost more than hal.....
Crude oil recovers as OPEC plans to reconsider its output if demand suffers
December 06, 2021 12:42 PM AEDT| By Arpit VermaHighlights Crude oil price recovers on Monday after settling a little higher on Friday. OPEC+ decided to stick to its original plan of gradually increasing the output. The cartel's next meeting is scheduled for 4 January 2022. Crude oil p.....
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