News

Australia's Q1 GDP data out: How is the economy faring?

June 01, 2022 02:55 PM AEST| By Akanksha Vashisht

The Australian GDP data for the March 2022 quarter exceeded all expectations, with the latest report from the Australian Bureau of Statistics (ABS) showing that the economy expanded 0.8% during the quarter. In a highly unanticipated turn of events,.....

Crypto Fear and Greed Index still in ‘extreme fear’ range

June 01, 2022 02:10 PM AEST| By Daniel Paul Johns

The crypto Fear and Greed Index is still in the “extreme fear” range, despite a mini resurgence of Bitcoin and other crypto tokens over the past two days. In mid April, the Crypto Fear and Greed Index (CFGI) hit a score of 22, indicati.....

What is World Mobile Token and how has WMT crypto fared?

June 01, 2022 02:03 PM AEST| By Team Kalkine Media

Highlights One of the salient features of World Mobile Token is its utility in the telecom sector, especially internet services WMT crypto is native to the project, with use in payment of fee and incentivisation of nodes In the wider crypto wo.....

What's the buzz around a new agriculture index in Australia?

June 01, 2022 01:26 PM AEST| By Akanksha Vashisht

Highlights The ASX has launched a new index for the agricultural sector, called the S&P/ASX Agribusiness Index. Agriculture is garnering increased attention from the government and is on its way to becoming an integral part of the Australia.....

Imugene makes a new appointment to its Scientific Advisory Board

June 01, 2022 12:42 PM AEST| By Damini

Highlights Australia-based Imugene Limited (ASX:IMU) has appointed Dr. Yanghee Woo to its Scientific Advisory Board. Woo is a globally recognised surgeon-scientist, who has clinical expertise in robotic surgery and gastric cancer. She is expec.....

How does Terra 2.0 differ from Terra? How is Luna 2.0 faring?

June 01, 2022 11:41 AM AEST| By Team Kalkine Media

Highlights TerraUSD stablecoin is believed to be the primary reason behind the fall of the Terra ecosystem A new version of Terra blockchain, with LUNA 2 as native token, is meant to revive the project LUNA 2 has so far remained unpredictable .....

Why Aspire Mining’s (ASX:AKM) Ovoot Coking Coal Project deserves attention?

June 01, 2022 11:20 AM AEST| By Nitish Kumar

Highlights Aspire Mining is developing its 100%-owned Ovoot Coking Coal Project to target steelmakers in Russia and China. Coking coal is a key input for steel manufacturing process. Ovoot coal has outstanding caking, fluidity and plastic prop.....

Decoding the massive appeal of Renovator Store

June 01, 2022 10:29 AM AEST| By Manisha

Who does not want to see their home all decked up and replete with modern fixtures and facilities? In today’s era, people do not hesitate to spend money on trends that can make their home more stylish and modern. Be it the kitchen, or the liv.....

Why NEC, CNI, OML hit their 52-week lows yesterday

June 01, 2022 08:48 AM AEST| By Ashish

ws. The Australian share market traded on a weak note on Tuesday and ended in the red, weighed down by tech, banks, and telecommunications. The ASX 200 index fell 1% to 7,211.2 points yesterday. The worst-performing sectors were tech (-1.9%),...

ASX 200 to fall as Wall Street dips; all eyes on GDP data

June 01, 2022 07:52 AM AEST| By Ashish

Highlights The Australian share market is expected to fall once again on Wednesday. According to the latest SPI futures, the ASX 200 is likely to open 34 points or 0.5% lower. On Wall Street, the Dow Jones fell 0.7%, the S&P 500...

Wall Street retreats after Biden-Powell talks; DXCM, AUY, UL rally

May 31, 2022 02:06 PM PDT| By Rupam Roy

US stocks closed lower on Tuesday, May 31, after an extended weekend break for the Memorial Day festivities as traders turned their attention to President Joe Biden’s talks with Federal Reserve Chairman Jerome Powell on inflation. The S&P...

Why is Everdome (DOME) crypto gaining attention?

June 01, 2022 04:49 AM AEST| By Versha Jain

The Everdome (DOME) crypto has grabbed attention as land auctions on its metaverse continue to build its price momentum. The auctions started at 6:00 am ET on Monday. The OKX crypto exchange, a leading partner of Everdome, has bought substan.....

Why is Origin Protocol (OGN) crypto rallying?

June 01, 2022 03:03 AM AEST| By Rupam Roy

The Origin Protocol (OGN) gained attention on Tuesday as the broader crypto market rallied. The crypto market was up 2.60% to US$1.30 trillion on Tuesday morning. The OGN token price gained 67%, while its volume skyrocketed by more than 491%. Als.....

Is Cardano (ADA) crypto rising on Iagon’s Ethereum-Cardano bridge news?

June 01, 2022 01:40 AM AEST| By Rupam Roy

Highlights: Cardano is a proof-of-stake blockchain platform that claims to enable creators or "visionaries" to bring a positive global change. The token is available for trading on exchanges like Binance, Bittrex, etc. It returned over 22% gai.....

Can Constellation (DAG) crypto end its bearish run soon?

June 01, 2022 12:32 AM AEST| By Manu Shankar

The Constellation (DAG) crypto has had tough few months so far. Constellation crypto, which primarily uses the directed acyclic graph architecture to achieve a consensus, has been down over 44.3% in the past 30 days. Even on 30 May, the token witn.....

Thorchain (RUNE) crypto rallies over 9%. Here is why?

June 01, 2022 12:27 AM AEST| By Manu Shankar

While the crypto market has been struggling with extreme volatility in the past few weeks, THORCHain (RUNE) seems to be making merry in the same period. With the volatility and fear factor gripping the market due to the May crypto crash, very few c.....