News

5 top Aussie crypto trading platforms for 2022

November 20, 2021 01:29 AM AEDT| By Daniel Paul Johns

Cryptocurrency has become hugely popular in 2021, proving once and for all it's not a passing fad – rather, it’s a system of finance that’s here to stay, at least for a while. So, with the new year just around the corner, many Aus.....

RBA explores CBDC potential to support payments evolution

November 20, 2021 01:26 AM AEDT| By Aayush

Highlights RBA has been researching on Central Bank Digital Currency. The Central Bank of the Bahamas is the first central bank in the world to have their own full-fledged CBDC. Recently, the largest stablecoin Tether was fined US$41 million b.....

When will Shiba Inu reach the US$1 level?

November 20, 2021 01:18 AM AEDT| By Aditi Saha

Shiba Inu, a favourite of investors and an internet star, has sparked a new debate this time. Will Shiba Inu, the "Dogecoin Killer," hit US$1? In August 2020, Shiba began its journey as a meme coin. Within a year, Shiba Inu gained 75282865.7.....

Satoshi Nakamoto becomes world's 15th wealthiest as Bitcoin soars

November 20, 2021 01:14 AM AEDT| By Aditi Saha

Highlights After the cryptocurrency latest price hike, Satoshi Nakamoto rose to the 15th richest person in world. Since Bitcoin's inception in 2009, various people have claimed to be Nakamoto. The figure's real identity, however, has yet .....

Disclosing the big drama behind Black Friday!

November 20, 2021 01:06 AM AEDT| By Toshiva Jain

Highlights This year the Black Friday is on November 26. It’s the door to the festive season. Black Friday is significant for consumers, retailers, and economists. Finally, the startling effects of the pandemic are settling do.....

The fall of Afghanistan’s economy & the rise of humanitarian crisis

November 20, 2021 01:00 AM AEDT| By Toshiva Jain

Highlights Summer 2021 changed the lives of thousands of Afghans completely. Recently a report published by the United Nations disclosed that more than 20 million people in Afghanistan are facing food insecurity. Afghanistan is standing on the.....

Gina Rinehart's fortune shines, while Roy Hill makes $4.4B profit

November 19, 2021 09:07 PM AEDT| By Aditi Saha

Highlights Rinehart's Roy Hill made a record $4.4 billion profit as commodity prices and exports soared. Rinehart's journey was not easy, as she was burdened by massive debt, but she eventually emerged from it. Within five years, she has .....

Australia, take a deep breath. Busiest auction week is here!

November 19, 2021 06:20 PM AEDT| By Aditi Saha

Highlights The busiest auction week of the year is approaching Sydney. Over a thousand homeowners are looking forward to selling their homes. Since early October, when restrictions were loosened, auction volumes have soared by 91.1%. .....

FYI Resources (ASX:FYI) and Alcoa kick off extended HPA pilot plant trial

November 19, 2021 06:03 PM AEDT| By Team Kalkine Media

FYI Resources Limited (ASX:FYI, OTC:FYIRF) continues to achieve new milestones at its flagship High-Purity Alumina (HPA) project in Welshpool, Western Australia. In a significant announcement, Australia-based resource player has announced the comme.....

Will Victoria come back to life with COVID-19 restrictions ease?

November 19, 2021 05:48 PM AEDT| By Sukriti Nair

Highlights Victoria to hit 90% double vaccination milestone for above 12 on the weekend. Wide-ranging easing of COVID-19 restrictions across Victoria. Masks no longer a regulation in most settings. Life in Victoria is likely to come.....

Does Coinbase co-founder's unveiling of US$2.5 billion funds indicate an industry boom?

November 19, 2021 04:19 PM AEDT| By Jasmine Anand

Crypto fever continuous to rise among its admirers. In fact, with the current wave of investor interest, jaw-dropping fundraises in the cryptocurrency market are the in thing. Source: Copyright © 2021 Kalkine Media One such move has been .....

Contact (NZX:CEN): How would NZ become a 100% renewable electricity market?

November 19, 2021 03:21 PM AEDT| By Sonal

Highlights Contact aims to lead decarbonisation of NZ. Contact has proposed forming a new entity called ThermalCo to retire all thermal generation assets of NZ as a new renewable generation is built. The Company will help in accelerating the s.....

CBA’s crypto foray a turning point? Will other Big 4 banks follow suit?

November 19, 2021 02:57 PM AEDT| By Daniel Paul Johns

Highlights The CBA has partnered with crypto exchange Gemini to roll out crypto services for its 6.4 million app customers In September, the CBA and other banks came under fire for the practice of ‘debanking’, which is when banks ba.....

Privium’s collapse leaves customers in limbo; here’s what happened

November 19, 2021 02:31 PM AEDT| By Ashish

Highlights The collapse of home construction company Privium has left the future of hundreds of housing projects in jeopardy. Privium has halted 160 projects as it evaluates its financial position. The Group has debt of over AU$28 million. .....

Crude oil dips as China readies crude reserve release

November 19, 2021 01:40 PM AEDT| By Arpit Verma

Highlights Crude oil prices slumped on Thursday. China gets ready to release crude oil from its strategic petroleum reserves. The release of oil from the US and China is likely to drive the oil prices lower, at least temporarily. Crude oi.....

Is Australia’s supercharged property market beginning to cool?

November 19, 2021 01:13 PM AEDT| By Akanksha Vashisht

It appears Australian property prices have finally begun to simmer down from their record high levels after a growing number of properties are being listed for sale across the country. Data on listings suggest a supply-side frenzy wherein sellers a.....