News
Crypto Catch: Bitcoin Fear and Greed Index falls into ‘extreme fear’ territory
May 09, 2022 01:37 PM AEST| By Daniel Paul JohnsHighlights Bitcoin fell from just under US$40,000 on the 5th of May to its current price of US$34,167 – its lowest price since July last year. According to data from whale-monitoring platform WhaleStats, popular NFT token, Apecoin, is...
Oil rises on mounting future supply concerns
May 09, 2022 01:26 PM AEST| By Arpit VermaHighlights Crude oil prices rose nearly 1.5% on Friday. The EU is tweaking its sanctions plan, hoping to win over reluctant states and secure support from the 27 member countries. In the last week, crude oil prices dropped significantly after .....
BBW, TPR & AMN: Top 3 stocks to explore on Mother’s Day
May 09, 2022 03:55 AM AEST| By Team Kalkine MediaHighlights: Build-A-Bear Workshop, Inc. (NYSE: BBW) has a market cap of US$308.73 million. Tapestry, Inc. (NYSE: TPR) posted revenue of US$2.14 billion in Q2 of fiscal 2022. AMN Healthcare Services (AMN) posted Q1 revenue of US$1.553 billion o.....
Risks involved when considering NFTs as alternative investment asset
May 08, 2022 02:02 PM AEST| By Ankit SethiHighlights In the wake of inflation, some may want to pick high-risk alternative investment assets Digital assets like NFTs with blockchain tech underpinning are seemingly rising in popularity Recently, in a re-sale, an NFT linked to J.....
Will net-zero policies have a critical play in the Election?
May 08, 2022 12:15 AM AEST| By Arpit VermaHighlights Australian political parties are increasing their bets on the push to net-zero emissions. Both ruling and opposition parties have been including technology development as one of their key agendas. The Morrison government will focus...
How are sky-high living costs impacting pensioners in Australia?
May 08, 2022 12:12 AM AEST| By ManishaHighlights Pensioners desire a stable cost of living that doesn’t hurt their pockets. The living cost has surged manifold for the pensioners in Australia. Disruptions in the supply chain of goods due to multiple factors have flared the r...
Healthcare in Australia: Insights into budget and election promises
May 08, 2022 12:09 AM AEST| By Aditi Sarkarance scheme Australia has one of the best healthcare systems globally, offering its citizens safe and affordable healthcare services. The country hosts two kinds of healthcare systems – public and private. The public health system, popular...
What is Australia doing to build a battery supply chain?
May 08, 2022 12:06 AM AEST| By Nitish Kumarl industry. Australia is a mineral-rich country with mining operations across all states. The mining industry of the country is fairly advanced and contributes around 10% of the total GDP. Moreover, the mining industry offers direct employment o...
YOUC, WXT, ANC, HEX, WTRX: Why these cryptos grabbed eyeballs this week?
May 07, 2022 07:00 PM AEST| By Team Kalkine MediaHighlights yOUcash (YOUC), Wirex Token (WXT), Anchor Protocol (ANC), HEX (HEX), and TRON (TRX) were the top gainers between 29 April and 6 May. On 6 May, the overall crypto market cap is at US$1.65 trillion, with a volume of US $122.33 billion .....
What NAB and Macquarie’s outlook speak about Australian economy
May 07, 2022 10:05 AM AEST| By AayushHighlights NAB said its strong performance clearly indicates an ongoing strengthening of the Australian economy. NAB also expect the unemployment rate to fall below 4% in the coming months. Macquarie Group expects growth to remain strong at le...
Wall Street retreats after mixed job data; CI, TU rally
May 07, 2022 07:51 AM AEST| By Rupam RoyBenchmark US indices closed lower for the second consecutive day on Friday, May 6, as growth stocks retreated amid higher Treasury yields, and mixed jobs data fueled more interest rate rise worries. The S&P 500 declined 0.57% to 4,123.34. The Do...
Why is SUKU (SUKU) crypto grabbing attention?
May 07, 2022 05:41 AM AEST| By Team Kalkine MediaHighlights SUKU (SUKU) is a blockchain-based ecosystem for Web3 solutions. Its solutions comprise of InfiniteWorld, SUKU Omni, and SUKU DeFi. SUKU is an ERC-20 compatible token used in the ecosystem. The SUKU (SUKU) crypto was trend.....
DKNG, DASH & SQ: 3 hot stocks to watch after upbeat Q1 results
May 07, 2022 04:52 AM AEST| By Team Kalkine MediaHighlights: DraftKings Inc. (Nasdaq: DKNG) reported Q1 2022 revenue of US$417 million on Thursday. DoorDash (NYSE: DASH) posted revenue of US$1.5 billion in the first quarter. Block, Inc. (NYSE: SQ) posted revenue of US$3.96 million in Q1. .....
Why is Uniswap (UNI) crypto drawing attention?
May 07, 2022 03:38 AM AEST| By Rupam RoyThe global crypto market slumped by 4.89% to US$1.65 trillion on May 6, while its volume for the last 24 hours surged over 35.28%. Meanwhile, various altcoins were also in the red on Friday, contributing to the losses in the overall market. However.....
Why is the crypto market down?
May 07, 2022 02:43 AM AEST| By Rupam RoyThe global crypto market slumped over 8% on Friday as major cryptocurrencies declined, slipping by more than 9% close on the heels of the Fed's rate increase. Investors expect a far more aggressive rate stance by Fed in June when it meets for the n.....
What is WAX (WAXP) blockchain and how is it eco-friendly?
May 07, 2022 01:21 AM AEST| By Versha JainHighlights WAX (WAXP) is an eco-friendly blockchain for video games, NFTs, and collectibles. Its climate-friendly NFT eco-system provides a suite of tools for creators, developers, artists, and leading brands to leverage the power of bloc.....
Pluton crypto's price is up 40% & volume soars 450%: What's next?
May 07, 2022 01:02 AM AEST| By Raza NaqviHighlights The Pluton crypto was launched in 2016 and it operates on the Ethereum blockchain. Pluton crypto is the utility token of Plutus, a project that offers debit cards to customers but rewards them through cryptocurrency. Currently, the .....
How will interest rate hike impact your mortgage outgo?
May 07, 2022 12:25 AM AEST| By Toshiva JainHighlights RBA Governor Philip Lowe stated that borrowers should remain ready for further hikes to bring inflation down to target numbers. The first increase in cash rate may not significantly impact borrowers. Borrowers should take help of so...
Is Steem (STEEM) crypto feeling the heat of market free fall?
May 07, 2022 12:22 AM AEST| By Manu ShankarHighlights Steem (STEEM) crypto is a community-focused network that offers incentivised blockchain database, which allows users to interact and earn rewards in the process. Launched in January 2016, Steem crypto aims to eradicate the issues rel.....
Increasing number of UK citizens getting glued to cryptos: Coinbase report
May 07, 2022 12:19 AM AEST| By Manu ShankarHighlights Coinbase conducted a study that showcased the number of Brits who have bought crypto has gone up from 4% to 33% since October last year. Approximately 52% of the UK citizens surveyed found a particular liking to Ethereum, while few o.....