AUS
NZ
UK
CA
USA
IND
News
ASX 200 to rise despite weak Wall Street closing
May 17, 2022 08:04 AM AEST| By AshishHighlights The Australian share market is likely to inch higher despite a disappointing start to the week on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open 24 points or 0.35% higher. On Wall Street,...
Australia’s first Crypto ETF underwhelms on debut
May 17, 2022 03:55 AM AEST| By Daniel Paul JohnsHighlights Australia’s first crypto tracking exchange traded funds (ETF) met a subdued reception upon its launch on Thursday Some market experts are predicting crypto to stabilise this week after last weeks bloodbath, which saw the market.....
Bitcoin (BTC) dips below US$30,000, sliding for seventh straight week
May 17, 2022 03:02 AM AEST| By Rupam RoyHighlights: Bitcoin (BTC) traded below the US$30,000 mark on Monday, continuing its decline. Bitcoin prices were down for the seventh consecutive week for the first time. Bitcoin hit an all-time high of US$68,789.63 in November 2021. The .....
Songbird Crypto: Why is SGB token giving its investors jitters?
May 17, 2022 02:33 AM AEST| By Rishika RainaHighlights On 16 May, Songbird Crypto (SGB) hit its all-time low of US$0.01652607, according to CoinGecko. Songbird is basically the Canary Network for Flare that helps the Flare Network to update itself while testing its new features in the lo.....
Why is UK Treasury legalising stablecoins despite Terra crash?
May 17, 2022 02:24 AM AEST| By Manu ShankarHighlights The Her Majesty's Treasury, on Monday, in an announcement said that it will be regulating stablecoins as legal tender. It is suggested that the Treasury's decision to regulate the stablecoin was highlighted during the Queen's Speech......
What does UK Court’s ruling to term NFTs as private property mean?
May 17, 2022 02:17 AM AEST| By Manu ShankarHighlights In a landmark judgment, the High Court of Justice in London ruled that the nonfungible tokens (NFTs) represent "private property." Experts have said the judgment has added more ambiguity around the concept of NFTs. While the High Co.....
What is Arweave (AR) crypto? and What is its Open Web Foundry?
May 17, 2022 01:34 AM AEST| By Versha JainArweave (AR) token is rising on Monday with 12.33% gains to US$17.21 at 7:16 am ET. The Arweave protocol recently has invested in the RareCandy3D, a virtual publishing house for rare digital and physical collectibles on the Ethereum blockchain. Arw.....
Why is Celsius (CEL) crypto gaining attention?
May 17, 2022 12:18 AM AEST| By Rupam RoyHighlights: Celsius (CEL) is a crypto banking and financial services platform. The CEL token can be traded on exchanges like OKX, Bybit, etc. Celsius Mining LLC has recently submitted a draft registration statement on Form S-1 confidentially w.....
Top 3 NFT land projects to explore in June
May 17, 2022 12:04 AM AEST| By Raza NaqviHighlights: Some analysts believe that the NFTs are here to stay, and their popularity could grow rapidly in future. The NFT land projects were built for content creators, individuals, and business organizations looking for a business opportuni.....
Why Beefy Finance (BIFI) crypto volume surged 3000%?
May 16, 2022 11:30 PM AEST| By Versha JainHighlights Beefy Finance (BIFI) is a decentralized, multi-chain, yield-optimizer platform. Its main products are vaults, where one can stake crypto tokens. The platform has a Total Value Locked (TVL) of US$396.7 million. Beefy.....
Shree Minerals (ASX:SHH) shareholders to get priority offer from MetalsGrove Mining
May 16, 2022 07:40 PM AEST| By Arpit VermaHighlights Shree Minerals shareholders will receive a priority offer from MetalsGrove Mining Limited’s initial public offering (IPO). The priority offer is available for all the eligible shareholders of SHH, residents in Australia. In Ja.....
A2M, BGA, BUB: Why are these ASX dairy stocks in news?
May 16, 2022 06:10 PM AEST| By Sukriti NairHighlights Australian stocks close Monday’s trade a little higher at 7093 points. Consumer staple stocks also closed in green, though not advancing much. ASX200- listed dairy stocks are A2 Milk Company, Bega Cheese and Bubs Australia. .....
SportsHero (ASX: SHO) launches esports platform on WeChat, shares up 11%
May 16, 2022 06:06 PM AEST| By Aditi SarkarHighlights SportsHero launches an initial esports prediction platform on Wechat Being embedded within the WeChat ecosystem, SportsHero will be able to scale user growth speedily SHO's memorandum of understanding with WMT promises active promot.....
Ampleforth Governance FORTH token rises: What is Ampleforth crypto?
May 16, 2022 05:51 PM AEST| By Ankit SethiHighlights Ampleforth Governance says it can provide stable assets with low correlation to BTC price The project has multiple tokens -- FORTH, AMPL, and a yet to be launched stablecoin Ampleforth Governance trading volume has recently surged, .....
Step One Clothing (ASX:STP) shares plunge 56% on guidance update
May 16, 2022 05:43 PM AEST| By Sonal GoyalHighlights Step One Clothing has lowered FY22 expected proforma EBITDA from its previous guidance. The online, direct-to-consumer innerwear brand did not meet the expected US and UK revenue growth. Higher-than-expected costs are among the fact.....
CXO, AVZ, PLS: How are these ASX lithium stocks performing in May 2022?
May 16, 2022 05:37 PM AEST| By Bhawna GuptaHighlights Today, ASX 200 Materials Index was 0.48% down, closed at 16,597.30 points. Materials was the worst-performing sector today, along with consumer and healthcare. A rebound in crude oil and iron ore prices helped the lithium stocks tod.....
ASX 200 kick-starts week 0.25% higher, industrial stocks lead gains
May 16, 2022 05:23 PM AEST| By SukritiHighlights ASX 200 closed up, gaining 17.90 points or 0.25% to 7,093.00. China’s decision to lock down major cities amid worries about Covid-19 resurgence could strain supply chains; Russia’s invas.....
NCM, NST, EVN: 3 gold stocks which grabbed investors’ attention today
May 16, 2022 04:40 PM AEST| By Priyanka PayalHighlights The benchmark index ASX200 was up 0.162% at 7086.600 points at 1:24 PM AEST today. The S&P/ASX All Ordinaries Gold Index (ASX:XGD) was up 0.475% at 6107.800 points at 1:08 PM AEST. Three ASX-listed gold stocks, Newcr.....
Why are millions of Aussies voting before election day?
May 16, 2022 04:29 PM AEST| By Manishagovernment. The 2022 federal election is scheduled for Saturday, 21 May 2022. But are you worried about your unavailability to cast your vote on the election day? The Australian Electoral Commission (AEC) has a way out as Australians have an opt...
Here’s why Fortescue Metals’ (ASX:FMG) green energy leg is grabbing spotlight
May 16, 2022 04:18 PM AEST| By Sonal GoyalHighlights Fortescue Future Industries inks an agreement with the Industrial Park at TransAlta. The agreement aims to convert a coal mine into a green hydrogen production facility. The move would result in hundreds of new local jobs and aid th.....
Advertise your brand on Kalkine Media