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News
Did you miss these one-year gains on Ethereum?
September 24, 2021 05:56 PM AEST| By Akanksha VashishtEthereum has cemented its place in the crypto world as the world’s first programmable money. Being the second largest cryptocurrency in the world, Ethereum surpassed Bitcoin in terms of the crypto’s price rise during early 2021. Such m.....
How much would you have made in Bitcoin in one year?
September 24, 2021 05:36 PM AEST| By Akanksha VashishtBitcoin has been the star of the cryptocurrency realm, with all eyes fixed on the price movements of the internet’s favourite cryptocurrency. The previous year has been exceptional for Bitcoin owing to some major developments affecting its pr.....
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Internet sensation Chloe Clem to sell her iconic meme as NFT
September 24, 2021 04:51 PM AEST| By SamtaThe famous meme girl “Side-eyeing Chloe’’ is selling her “disapproving look” meme – an iconic reaction photo used as meme over the internet -- as an NFT. Representative Image Source: © Jirsak | Megapixl.c.....
Seven solutions to smash EV adoption barriers
September 24, 2021 04:02 PM AEST| By AshishHighlights Electric vehicles (EVs) have gained popularity of late, across the world. However, there are several limitations that make the prospective buyers hesitant. The lack of overall charging infrastructure is one of the major limiting fac.....
Debt, mortgage and collateral: Decoding the jargons
September 24, 2021 02:55 PM AEST| By Furquan MoharkanThe Evergrande fiasco has brought back the focus on debt, a term that motivates as well as scares people. The Chinese property developer, hit by a severe liquidity crunch, sits on a pile of debt worth US$305 billion – 2.1% of the country&rsquo...
Five factors that affect Bitcoin’s price
September 24, 2021 02:00 PM AEST| By AayushLike most cryptocurrencies, Bitcoin is quite volatile. The largest crypto in the world has fallen over 50% from its peak of ~US$64,800 after delivering a mammoth gain this year. Before investing in Bitcoin, an investor should ask this question &nda.....
Is Australia falling behind in race to digital economy?
September 24, 2021 01:41 PM AEST| By AayushAccording to the Australian Academy of Science, Australia is at the risk of falling behind in the technology world among technologically driven countries. Countries such as the US, the UK, Canada, etc., are already bumping up their investments in d.....
Australia warned to adopt net-zero target- what's at stake?
September 24, 2021 01:02 PM AEST| By SukritiHighlights Treasurer Josh Frydenberg has warned that Australia will pay the price financially if it does not target for net zero emissions by 2050. Sadly, Australia has not made any final decision on the matter. Banks, insurers, and super.....
Global steel production tumbles in August on China’s environmental concerns
September 24, 2021 12:44 PM AEST| By Arpit VermaHighlights Global steel production tumbled in August 2021. China curbed its steel production on environmental concerns. Japan India and the US recorded a jump in their output during August. Global steel production tumbled by nearly 1.4% y.....
RBA has sounded the household debt alarm; here’s why
September 24, 2021 11:58 AM AEST| By AayushHighlights Australia’s housing debt has been rising aggressively and the RBA has voiced concerns about the same. Stringent mortgage lending standards and sufficient bank capitalisation could protect lenders, should the country face anothe.....
Now, using Twitter can help you earn bitcoin
September 24, 2021 11:23 AM AEST| By AshishHere is a piece of good news for Twitter users. Now, you can get paid in bitcoins by your followers for the content you create on the social media platform. On Thursday, CEO Jack Dorsey announced that it will allow Twitter users to tip their favou.....
Brent crude hits 2-month high level on supply concerns
September 24, 2021 10:53 AM AEST| By Arpit VermaHighlights Brent Crude oil prices surged to two-month highs on Thursday. Strong demand and limited supply are pushing the prices to record highs. Brent Crude oil prices surged to two-month highs on Thursday on the back of robust demand and.....
Prospects of small businesses amid broader economic recovery
September 24, 2021 10:21 AM AEST| By Sonal SinhaHighlights Micro, small and medium size businesses are aggressive and plays a vital role in economic recovery. Many small businesses were hit hard during the COVID-19 pandemic due to lockdown restrictions in place. The Government has introduce.....
US stocks march on, lifted by business optimism
September 24, 2021 07:52 AM AEST| By Sanjeeb BaruahBenchmark US indices closed higher for the second consecutive day on Thursday, September 23, lifted by positive sentiments from Fed’s economic outlook. The S&P 500 was up 1.21% to 4,448.98. The Dow Jones rose 1.48% to 34,764.82. The NASDAQ...
Impacts of vaccination on businesses in Australia
September 24, 2021 06:00 AM AEST| By Rini ZachariahHighlights As per the employment marketplace, there is a 55% y-o-y surge in the short-term jobs advertised. The country has also registered a monthly 20% increase in online shopping in August. The current status in the country is that governme.....
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Shares of Darktrace Inched Higher by 7.47%; FTSE 100 Ended Flat
September 24, 2021 04:03 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 55.75 points or 1.27 per cent higher at 4,451.39, Dow Jones Industrial Average Index surged by 526.83 points or 1.54 per cent higher at 34,7...
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FTSE 100 trades in range on BoE’s inflation warning
September 24, 2021 12:03 AM AEST| By Sreenivas D AjankarHighlights FTSE100 trades in the green but in a range, up by 0.27% at 7,102, while the mid-cap focused FTSE250 index trades at 23,845, up by 0.26%. The flash Purchasing Managers' Index (PMI) declared by the IHS Markit/CIPS indicates a slo.....
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Exclusive Networks IPO: What led to a dismal debut?
September 23, 2021 11:34 PM AEST| By Suhita PoddarHighlights French tech firm Exclusive Networks shares fell over 1.5 per cent following its IPO yesterday. Its IPO issue price was fixed at the lower end of its price range at EUR 20, which gave it an implied market valuation of EUR 1.8 bi.....
Does Nigeria & Ghana CBDC news spell doom for crypto investors?
September 23, 2021 10:48 PM AEST| By Ankit SethiCountries are racing against time to launch their own central bank digital currency or CBDC. Nigeria, the largest economy in the Africa, is set to launch its CBDC in October. eNaira, the digital version of official currency Nigerian Naira, will be .....
Evergrande crisis: How can it impact UK markets in the long term?
September 23, 2021 09:40 PM AEST| By Sreenivas D AjankarHighlights Reports of interest payment default by the Evergrande Group led to the fall of the global stock market. FTSE100 index slipped to its three-month low, below the 7,000 level, following the news. Evergrande Group owns over USD 30.....
AI on the Rise: A Look at Top AI Companies and Their Stocks