News
Can Bitcoin replace gold as a hedge against inflation?
November 24, 2021 03:48 PM AEDT| By Daniel Paul JohnsHighlights Bitcoin is an international asset class whose value rises and falls according to demand In the year till October, CPI was 6.2%, meaning one dollar today is 6.2% less valuable than it was a year ago Bitcoin’s return in 2021 alo.....
Stable outlook for Bank of Queensland (ASX:BOQ): Fitch
November 24, 2021 03:28 PM AEDT| By Sukriti NairHighlights BOQ gets a stable outlook from Fitch ratings. The rating agency has issued ratings based on its newly issued Bank rating criteria. Bank of Queensland Limited (ASX:BOQ) has got an 'A-' rating from Fitch Ratings for its Long-Term .....
Crude oil rallies after leading oil consumers tap SPR
November 24, 2021 01:39 PM AEDT| By Arpit VermaHighlights Crude oil prices rose on Tuesday. The prices reached one-week high. Leading oil consumers are expected to release millions of barrels of oil from their strategic petroleum reserves (SPR) to cool down oil prices. Crude oil price.....
What to expect from copper prices in the months ahead?
November 24, 2021 01:29 PM AEDT| By DaminiCopper has staged a remarkable journey in 2021 so far, with the price of the commodity rising by over 25 per cent despite the virus crisis. Thanks to strong demand in China and a weaker US dollar, the price of copper exceeded US$10,000 a ton for th.....
Bitcoin hedge failing against inflation; New Bitcoin NFT released
November 24, 2021 01:17 PM AEDT| By Daniel Paul JohnsHighlights Although Bitcoin’s price has risen slightly in the past 24 hours, its price is still down considerably from last week A Bitcoin NFT has been released, combining the art of a thousand different artists to make 21 million unique .....
Rest Super unveils plan to invest in cryptocurrency
November 24, 2021 01:09 PM AEDT| By Priyanka PayalThe future is digital, and cryptocurrency, also known as virtual currency, has become a hot topic these days. As Cryptocurrencies are gaining popularity across the globe, more and more companies are showing interest in the digital currency. In the .....
Globalisation: a road of vulnerabilities & resilience, says WTO
November 24, 2021 11:52 AM AEDT| By Toshiva JainHighlights The World Trade Organization’s (WTO) report carries significant aspects of the current scenario of global trade. This year’s report sheds light on the values inflicted by the interconnectedness of world trade in the prese.....
US markets close mixed as tech stocks take a hit, bond yields rise
November 24, 2021 09:29 AM AEDT| By Versha JainBenchmark US indices closed mixed on Tuesday, November 23, as technology stocks declined, and bond yields rose a day after Biden re-nominated Gerome Powell as Fed chair. The S&P 500 climbed 0.17% to 4,690.70. The Dow Jones was up 0.55% to 35,813...
Elon Musk ups ante with Yelp downgrade in JPMorgan warrant dispute
November 24, 2021 09:14 AM AEDT| By Versha JainHighlights Tesla-JPMorgan warrant trade dispute took a new turn after Elon Musk threatened the bank to give one-star rating on Yelp in a WSJ interview. The bank said it owes US$162 million from Tesla in a warrant trade case dating back to 2014......
Snook crypto (SNK) gains 80% in a single day – know why?
November 24, 2021 04:13 AM AEDT| By Versha JainThe Snook crypto (SNK) was up 79.67% to US$1.65 on Tuesday morning. It has been rising over the past 24 hours helped by its weekly raffle game, in which players can earn up to 200 SNK tokens. It had launched the game on Nov 14. What is Snook (SNK).....
Why is SUKU token the Most Visited Crypto today?
November 24, 2021 01:38 AM AEDT| By Kiara KhannaSUKU is one of the most recently added crypto on Coinbase. It is an Ethereum token that powers the SUKU platform. The whitepaper of SUKU clearly states its purpose, which is giving power to consumers. Though the price of SUKU has fallen this week, it...
5 billion-dollar market cap cryptos with over 5,000% growth in 2021
November 23, 2021 10:13 PM AEDT| By Ankit SethiHighlights Year 2021 was a period of great, unbelievable returns in cryptocurrencies, and this may continue in 2022 Although the field is highly volatile with respect to price, blockchain’s popularity is only rising with time The list co.....
Debutant crypto Shiba Floki Trillionaire (SHIFLOTRI) zooms over 4000%
November 23, 2021 10:02 PM AEDT| By Ankit SethiCryptocurrencies deliver eye-popping returns. And these unbelievable returns – though extreme volatility can wipe out all profits in the wink of an eye – are predominantly a feature of lesser-known altcoins. Dogecoin, a meme currency t.....
Can Voyager Token Break $10?
November 23, 2021 09:24 PM AEDT| By Daniel Paul JohnsHighlights Voyager Token is a digital currency broker, providing investors with a secure access point to crypto asset trading Voyager Token (VGX) is used to generate interest when held in the Voyager app. It is also used to reward its platform&.....
AMP crypto skyrockets in bearish market. Know its price prediction
November 23, 2021 08:52 PM AEDT| By Raza NaqviThe overall cryptocurrency market seems to have entered a bearish zone as the prices of almost all the major cryptocurrencies are declining. At the time of writing, Bitcoin was down by about two per cent and Ether was trading 1.5 per cent lower at .....
Is the international education crisis nearing its end for Australia?
November 23, 2021 08:41 PM AEDT| By Akanksha VashishtHighlights The pandemic-driven lockdown restrictions have continued to weigh heavily on the education sector. While many universities have offered remote learning, they have not been able to secure revenues similar to pre-pandemic levels. The .....
La Nina effect: Australia to witness rainy summer for 2nd straight year
November 23, 2021 08:39 PM AEDT| By Priyanka PayalHighlights Australia’s Bureau of Meteorology has declared that a La Nina weather event is now underway. La Nina is a Spanish term which means “the girl child”. La Nina suggests a 65 % higher chance that parts of the country w.....
Avalanche moves up the crypto ladder, unseats Dogecoin
November 23, 2021 07:26 PM AEDT| By Daniel Paul JohnsHighlights Avalanche’s (AVAX) most recent gains have pushed it into the top ten cryptos by market cap, leapfrogging popular meme token, Dogecoin AVAX has risen from around US$37 on September 8 to its current price of US$132 – .....
Laundy Hotels acquires Wollongong’s Cabbage Tree Hotel
November 23, 2021 07:11 PM AEDT| By Priyanka PayalA syndicate of hoteliers led by veteran hospitality industry supremo Arthur Laundy including Laundy’s daughter Justine and son-in-law Nick Tindall, on Monday, bought The Cabbage Tree Hotel, popularly known as The Patch. Headed by Laundy, the.....
KODI is surging, could it be the next 100x coin?
November 23, 2021 07:06 PM AEDT| By James PrestonWith rug pulls on the rise, investors are looking for truly solid projects that offer utility and reflections; and Kodi is a coin that more than foots the bill. Kodi is aiming to provide its users with the first ever crypto based Ent...
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