News
Oil dips more than 2% as indirect talks between the US & Iran proceeds
February 09, 2022 02:10 PM AEDT| By Arpit VermaHighlights Crude oil prices tumbled on Tuesday. The US government is trying hard to urgently negotiate a new nuclear agreement with Iran to quickly cool down the boiling oil prices. The indirect talks between the US and Iran proceed on Tuesday.....
Where does the U.S. stand on cryptocurrency regulation?
February 09, 2022 02:00 PM AEDT| By Aditi SahaHighlights Cryptos are currently entangled in a war of sorts, as some countries, such as China and Russia, are taking tough measures on cryptos. The U.S.’ decision on cryptos is of immediate interest to all investors. Regulators in the Un.....
Crypto Catch: US seizes US$3.6 billion in Bitcoin; LEO soars over 50%
February 09, 2022 01:55 PM AEDT| By Daniel Paul JohnsHighlights A married couple were arrested in Manhattan on Tuesday morning in connection with the crime – the biggest ever crypto theft Bitcoin held its value overnight, rising nearly one percent to hit US$44,200 The Bitfinex seizure has .....
Ford Motor (F) starts shipping E-Transit vans in US as orders flood in
February 09, 2022 11:38 AM AEDT| By Versha JainHighlights Ford Motor Company (F) starts shipping its E-Transit commercial vans across the US. The company has already received 10,000 orders from 300 customers for the vans. Ford’s Kansas City plant will assemble all electric ve.....
Aluminum’s record high price means a windfall for stocks?
February 09, 2022 11:29 AM AEDT| By Rupam RoyHighlights Aluminum price hit a 13-year high of US$3,235 on Tuesday. Leading aluminum producer Slovalco cut its output by around 60%. Aluminum stocks in LME-registered warehouses fell to their lowest level since 2007. Aluminum prices hit .....
US indices close higher, lifted by consumer, basic materials stocks
February 09, 2022 10:02 AM AEDT| By Versha JainBenchmark US indices closed higher on Tuesday, February 8, as investors rode on the upbeat earnings over the past week, pushing back the interest rate concerns. The S&P 500 rose 0.84% to 4,521.54. The Dow Jones surged 1.06% to 35,462.78. The NAS...
Is ad-tech firm Aleph launching IPO soon? 2021 revenue climbs 86%
February 09, 2022 07:22 AM AEDT| By Rupam RoyHighlights Aleph Group Inc’s revenue surged around 86% YoY in 2021. Aleph was valued at US$2 billion in 2021 after a private equity firm acquired a US$470 million stake in the company. Aleph’s customers include Meta Platforms, Twit.....
What is LOOM crypto? Know price, performance
February 09, 2022 02:53 AM AEDT| By Rupam RoyThe Loom Network (LOOM) token price surged more than 8%, while its trading volume increased over 1126% in the last 24 hours to Tuesday morning. What is Loom Network (LOOM)? Loom provides services to platforms created on the Ethereum Blockchain. I.....
What makes Polkadot (DOT) a unique blockchain network?
February 09, 2022 02:16 AM AEDT| By Manu ShankarPolkadot (DOT) is an open source multichain protocol that secures a group of specialised blockchains. Connecting with multiple blockchain networks is a seamless process, thereby making it one of the preferred networks for developers and users. Polk.....
Why Kadena (KDA) crypto is trending today?
February 09, 2022 01:23 AM AEDT| By Manu ShankarKadena (KDA) is primarily a network that combines both Layer-1 public chain protocol with Layer-2 network, which allows developers to build smart contracts and other blockchain-based solutions. Operating on the Proof-of-Work consensus, Kadena&rsquo.....
What is KPMG crypto? All you need to know
February 08, 2022 11:38 PM AEDT| By Raza NaqviThe cryptocurrency market often witnesses the debut of new cryptocurrencies. At the time of writing, there were 17,417 cryptocurrencies in the market, according to CoinMarketCap data. As the market was trading in the green with a 1.9 per cent incr.....
Quant crypto price prediction: Will QNT breach $400 by the end of 2022?
February 08, 2022 09:46 PM AEDT| By Ankit SethiDevelopers of decentralized apps (DApps) are facing a complex issue. Which is the best blockchain to develop and deploy apps and smart contracts? Is Ethereum, the present industry leader the best, or are the emerging networks of Solana and Fantom t.....
What is Pawtocol crypto & where can you buy UPI token?
February 08, 2022 09:06 PM AEDT| By Raza NaqviThe price of Pawtocol (UPI) crypto was up 53.4 per cent in the last 24 hours, and it was trading at US$ 0.1419 per token at 4 AM EST. Meanwhile, the UPI crypto's one-day volume skyrocketed over 1300 per cent to $16.2 million. At the time of writin.....
Amazon hikes base salary for its employees to $350,000
February 08, 2022 08:51 PM AEDT| By Priyanka PayalHighlights Amazon Inc. announces its decision to more than double the maximum base salary it pays to its employees to US$350,000. In its fourth-quarter results announced last week, Amazon revealed that its net sales increased 9% to US$137.....
What should Canadians know about glaciers melting?
February 08, 2022 08:45 PM AEDT| By Team Kalkine MediaA new study has reported that Mount Everest’s glaciers are melting due to climate change. Some researchers from the University of Maine claimed that the South Col Glacier has lost 180 feet in thickness. They said that ice that formed over 2,0.....
Consumer spending down due to Omicron, but things are looking positive
February 08, 2022 08:33 PM AEDT| By Sukriti NairHighlights Omicron has caused significant decline in household spending. Inflation and higher labour costs have impacted business conditions in Australia. Economists believe the impact of Omicron is lesser in comparison to previous COVID-19 va.....
What’s behind Shiba Inu’s latest spike? More steam in memecoin’s rally?
February 08, 2022 08:11 PM AEDT| By Daniel Paul JohnsHighlights Like Dogecoin, Shiba Inu is inspired by the smiling dog meme, which, as the name suggests, is based on Japanese dog breed Shiba Inu. In the past 24 hours, SHIB has rocketed 21% adding to its rally, which began yesterday. The v.....
What is WOO Network & its crypto’s price prediction? WOO volume up 300%
February 08, 2022 07:35 PM AEDT| By Ankit SethiHighlights The WOO Network has a trading platform, besides staking options enabled by its DeFi exchange The WOO crypto is the linked token of the network, the price of which relies on multiple factors DeFi tokens can be as volatile as me.....
From Messi to Brady: Sport stars who have hopped on NFT bandwagon
February 08, 2022 06:36 PM AEDT| By Aditi SahaIf you are not living under a rock, you already know that non-fungible tokens (NFTs) have exploded in popularity of late, thanks to their unique features. NFTs are also gaining a foothold in the sports sector and are becoming increasingly popular a.....
Why are cryptos rebounding? 3 key factors
February 08, 2022 06:01 PM AEDT| By Ankit SethiHighlights Almost all major cryptocurrencies have regained at least some lost ground over the past week The total market cap comprising of all crypto assets has emerged from the lows of early 2022 At least three factors may be shaping this rec.....