News
Copper futures tumble on worries about Chinese property crisis
November 10, 2021 04:22 PM AEDT| By Arpit VermaHighlights Copper prices tumbled on Tuesday due to an ongoing property crisis in China. However, the prices of the red metal grew a day earlier on Monday as the country's export growth beat forecasts. Ease in power crunch and .....
Crude oil reaches 2-week high on rising demand
November 10, 2021 02:39 PM AEDT| By Arpit VermaHighlights Crude oil reached two-week high levels on Tuesday. Crude oil prices started rallying after the US Energy Information Administration (EIA) projected in its Short-Term Energy Outlook. EIA&nb...
Tesla (TSLA) stock slide continues amid groundswell of adverse headlines
November 10, 2021 02:37 PM AEDT| By Sanjeeb BaruahHighlights However, despite its latest two-day rout, the stock is still up about 46% this year. Tesla Inc. hit the US$1-trillion mark in market cap in late October as stocks continue to rise. Most gains were accrued after its third-quarter re.....
No delivery address to send gifts? Don’t worry, Amazon has a solution
November 10, 2021 02:26 PM AEDT| By AshishHighlights Amazon recently launched a new shopping feature, which allows its Prime members to purchase gifts for others without having their home delivery address. The feature just requires the recipient's email address or mobile phone number. .....
Coinbase (COIN) falls short on Q3 revenue, but profits beat estimates
November 10, 2021 11:49 AM AEDT| By Sanjeeb BaruahHighlights Coinbase’s trading volume fell by nearly 30% to US$327 billion in the quarter on a sequential basis from US$462 billion in the prior quarter. The company’s net income was US$405.34 million, or US$1.62 per share. Its tota.....
As Bitcoin’s winning streak continues, should you invest too?
November 10, 2021 10:44 AM AEDT| By Versha JainHighlights Bitcoin surged to an all-time high of US$68,530.34 on Tuesday. The cryptocurrency continues to maintain its No. 1 position among some 13000 cryptos in the market. The recent launch of the ProShares Bitcoin ETF and a likely debut of .....
GE stock jumps 17% on plans to split into three companies
November 10, 2021 04:33 AM AEDT| By Versha JainHighlights GE Electric Company (NYSE: GE) announced plans to split into three public companies, with the spin-off starting in early 2023. The Boston-based company was founded in 1892 before it became a massive business conglomerate. The stock .....
BAT crypto promises to change advertising. What’s its price prediction?
November 10, 2021 01:27 AM AEDT| By Ankit SethiHighlights One thing about the uncertain world of cryptocurrencies is that crypto tokens could create wealth for its backers over a short period. Source: Pixabay.com The BAT crypto is a token that has lately surged in value. Let’s find o.....
What’s Buzzing In The Crypto Space Today?
November 10, 2021 01:03 AM AEDT| By Daniel Paul JohnsBitcoin Soars as Market Excitement Roll along Bitcoin continued to rise over the past 24 hours as enthusiasm continues to flood the crypto market. The crypto king surpassed US$68,000 to reach yet another record high of just above US$68,300. The .....
What is SONM? Why is it trending in the crypto world?
November 10, 2021 12:21 AM AEDT| By Aditi SahaHighlights SONM (SNM) crypto offers cloud services based on dispersed customer-level hardware such as PCs, servers and mining equipment. SNM is a Sony computing power marketplace internal currency that enables users to access SONM resources. T.....
Crypto obsession: Would you like to get paid in Bitcoin?
November 10, 2021 12:16 AM AEDT| By Aditi SahaCryptocurrency, a decentralised digital currency based on blockchain technology, has transformed our notion of money. People have got increasingly obsessed with crypto, with many regularly investing in it. So much so that, Crypto mining .....
7 cryptos beyond Bitcoin set to fight for top spots in 2022
November 10, 2021 12:07 AM AEDT| By Ankit SethiIf 2020 was the year when the cryptocurrency investment space moved into a higher gear, 2021 has so far been the year of ‘fast and furious’ nitro-fueled racing. Now, as we move into 2022, Bitcoin retains its tag of biggest crypto by ma.....
Blockchain Gaming Is the Next Big Thing. But Who Are the Major Players
November 09, 2021 11:48 PM AEDT| By Daniel Paul JohnsHighlights Blockchain gaming means players can own the products in the game. Axie Infinity is a game where players breed, battle and collect little digital creatures called “Axies” Within the Decentraland universe – dubbed &l.....
LPT crypto set to explode in 2021? Know Livepeer's price prediction
November 09, 2021 09:22 PM AEDT| By Raza NaqviEthereum-based live streaming protocol Livepeer (LPT) has witnessed many firsts in the recent past and on Tuesday, November 9, the LPT crypto soared to new highs and achieve an all-time high of US$ 62.9 per token. LPT .....
How Kraken’s U-turn impacted Shiba Inu prices
November 09, 2021 07:48 PM AEDT| By Aditi SahaHighlights Shiba Inu's price is trading at US$0.00005644, representing a drop of 20% in the last seven days The fall represents market sentiment after Kraken, a cryptocurrency exchange, reneged on its promise to list the token on their pl.....
FYI Resources appoints new manager to rev up HPA project
November 09, 2021 05:57 PM AEDT| By Team Kalkine MediaHighlights FYI Resources Limitedhas appointed Mr Claudio Di Prinzio as Executive Manager– Operations and Technology. The appointment of Mr Di Prinzio is being seen as a significant step towards the progress and development of the company&.....
How rising bitcoin’s prices have impacted Square Inc.
November 09, 2021 05:27 PM AEDT| By Sukriti NairHighlights Square Inc.’s bitcoin revenue and gross profit are down compared to last quarter. Jack Dorsey’s fintech firm reports US$1.8 billion in bitcoin revenue. For NYSE-listed fintech company Square Inc., bitcoin reven.....
Crude oil climbs up on positive signs of global economic growth
November 09, 2021 02:58 PM AEDT| By Arpit VermaHighlights Crude oil prices rose on Monday. The significant increase in the prices is due to the robust energy demand and lower supplies. Saudi Arabia on Friday raised the prices of its benchmark crude for Asian customers in December. Cru.....
COVID-19 third shot administration starts in Australia
November 09, 2021 02:23 PM AEDT| By Sonal GoyalHighlights The booster vaccination program has begun in Australia. The program began formally on Monday, but on Saturday itself 173,000 doses have already been administered. The update on the vaccination among children was also provided by the.....
H20.ai raises US$100 million in Series E funding; key things to know
November 09, 2021 01:28 PM AEDT| By AshishHighlights ai has raised US$100 million in a funding round led by the Commonwealth Bank of Australia (CBA). ai’s platform, the H2O AI Cloud, works with an aim to simplify the work related with machine learning projects. The.....
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