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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 06, 2022 02:51 PM PDT| 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.....
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.....
The US$100-bn flash crash: Why are cryptos crashing today?
May 06, 2022 07:37 PM AEST| By Manu ShankarHighlights Major cryptocurrencies, such as Bitcoin, Ethereum, Solana, etc., crashed, wiping around US$100 billion from the market. On 6 May, the overall crypto market stood at US$1.67 trillion, falling from US$1.81 trillion on Thursday. .....
SYA, CXO, PLL: Why did these ASX lithium stocks end lower today?
May 06, 2022 06:16 PM AEST| By Bhawna GuptaHighlights ASX 200 Materials Index fell 2.00%, closed at 17,352.70 on Friday, 6 May 2022. Materials was one of the worst-performing sectors today. Lithium stocks like Sayona and Core Lithium also closed in red. The Australian share market.....
ASX 200 closes 2.2% lower after Wall Street plunged on stagflation fears
May 06, 2022 06:08 PM AEST| By SukritiHighlights ASX 200 closed 2.2 per cent lower, or 159.1 points, to 7205.6, ending the week 3% lower, the largest weekly decline since February. Tech sector was down 4.5%, led by Xero’s 9% drop. Property sector, hit hard by rising i...
3 most expensive cryptos in cryptoverse by per token price
May 06, 2022 05:34 PM AEST| By Ankit SethiHighlights Cryptocurrencies, including the three mentioned below, were subdued at the time of writing Many crypto tokens can be priced very low, which may be a lure for a section of enthusiasts Expensive cryptos, with respect to price, can man.....
Is Everdome crypto rising? Can it be the next big metaverse token?
May 06, 2022 05:31 PM AEST| By Raza NaqviHighlights DOME crypto is the native utility token of Everdome network, and it is a BEP-20 token. The Everdome crypto could be trending due to the announcement that FAME MMA has acquired land in Everdome. Despite gaining traction, the Everdome.....
WHC, VEA, ALD: 3 ASX energy stocks in focus as fuel prices fall
May 06, 2022 05:00 PM AEST| By Priyanka PayalHighlights The benchmark index ASX200 traded 2.316% lower at 7194.100 points at 1:58 PM AEST today. The S&P/ASX 200 Energy sector (ASX:XEJ) was down 2.263% at 10091.900 points at 1:56 PM AEST. The three ASX-listed energy stocks, Whitehaven.....
Cronos (CRO) token plummets: What's going on at Crypto.com ecosystem?
May 06, 2022 04:26 PM AEST| By Ankit SethiHighlights Cryptos were in a deep bearish phase as of writing, with total market cap falling under US$1.7 trillion Crypto.com includes a trading platform, a blockchain network Cronos, and a native CRO token Crypto.com has acquired rights which.....
Listing on Binance sends Project Galaxy (GAL) crypto soaring 24%
May 06, 2022 03:56 PM AEST| By Priyabrata PrustyHighlights GAL token got listed on Binance innovation zone at 12:00 PM (UTC) on 5 May. The trading pairs available on Binance are GAL/BTC, GAL/BNB, GAL/BUSD and GAL/USDT. Smart money wallets have reportedly bought nearly US$4 million worth of...
NST, EVN, NCM: How are these ASX gold stocks faring on ASX today?
May 06, 2022 03:55 PM AEST| By Priyanka PayalHighlights: Amidst the recent selloff in the equity market, investors showed an inclination towards the yellow metal. Today, the S&P/ASX All Ordinaries Gold Index (ASX:XGD) was 3.142% lower at 6654.600 points at 12:36 PM AEST. Due to w.....
Shibnobi crypto down over 50%: Is it scam?
May 06, 2022 03:53 PM AEST| By Ankit SethiHighlights After no immediate impact of latest rate hike, cryptos including BTC are now under stress Shibnobi crypto was down over 50 per cent as of writing, prompting criticism from some Shibnobi claims to have a blockchain network, NFT offer.....
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