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Oil rises on Russian production cuts & OPEC’s supply warning
April 13, 2022 01:42 PM AEST| By Arpit VermaHighlights Crude oil prices rose on Wednesday. Russian condensate production tumbled below 10Mbpd to reach the lowest level since July 2020. On Tuesday, OPEC lowered its Russian liquid production forecast by 530,000bpd for 2022. Crude oil.....
Crypto Catch: Bitcoin rebounds slightly after yesterday’s crash
April 13, 2022 01:27 PM AEST| By Daniel Paul JohnsHighlights Bitcoin rallied in the past 24 hours to sit just below US$39,900 Ethereum’s price recovered just one percent in the past 24 hours to hit just above US$3,000 Retail trading giant, Robinhood, added four new cryptocurrencies to i.....
Why is GMX crypto gaining attention?
April 13, 2022 05:50 AM AEST| By Versha JainThe GMX crypto is grabbing attention after it announced its participation in the Arbitrum Odyssey. The participants will be rewarded with NFTs designed by crypto artists Ratwell and Sugoi and project Galaxy. GMX is one of the first 56 participating.....
Why is Polygon (MATIC) rising? Does it have a Robinhood connection?
April 13, 2022 01:36 AM AEST| By Rupam RoyThe cryptocurrency market was trading in the green on Tuesday morning. The market ticked up 0.34% to US$1.89 trillion at 9:22 am ET, while its volume in the trailing 24 hours jumped 18.65% to US$104.50 billion, according to CoinMarketCap.com. The .....
Why is Celer Network (CELR) crypto rising?
April 13, 2022 01:06 AM AEST| By Versha JainThe crypto market has been falling in recent days amid strong headwinds of inflation, rising bond yields, and the Russia-Ukraine conflict. The world’s largest cryptocurrency, Bitcoin (BTC), dropped 2.83% to US$40,212.53 at 7:25 am ET on Tuesd.....
Why is Sphere Finance (SPHERE) crypto gaining attention?
April 13, 2022 12:16 AM AEST| By Rupam RoyThe decentralized finance (DeFi) sector is rapidly gaining ground in the cryptocurrency ecosystem. Some analysts point to a shift in investors’ focus from asset trading activities to exploring opportunities for passive income in the DeFi spac.....
Jobs back on Scott Morrison’s federal election agenda
April 12, 2022 07:28 PM AEST| By Akanksha VashishtHighlights Prime Minister Scott Morrison promised the creation of additional jobs during a speech ahead of the Federal elections. PM Morrison has placed job creation at the centre of his electoral campaign. Opposition leader Anthony Albanese w.....
ImpactXP coin soars amid crashing crypto market. What's next?
April 12, 2022 06:09 PM AEST| By Raza NaqviThe price of the ImpactXP coin was up six per cent in the last 24 hours to US$ 0.0000000000328 per token, despite a crash in the crypto market. The 24-hour volume of ImapactXP coin soared 71 per cent to US$ 400,992. Meanwhile, the global crypto ma.....
What is SafeMoon (SAFEMOON) crypto? Know more about it
April 12, 2022 05:48 PM AEST| By Jasmine AnandHighlights Debuted in 2021, SafeMoon crypto is gaining a lot of traction these days The platform utilises the PoA consensus mechanism It has plans of building its own SafeMoon Exchange Today, the global crypto market cap stands at US$1.85.....
Three takeaways from NAB’s March 2022 business survey
April 12, 2022 04:04 PM AEST| By Akanksha VashishtHighlights Business confidence and conditions bounced back to pre-Delta levels in March 2022. Business conditions were the sharpest to rise in retail, followed by the finance, business and property sector. Confidence rose sharply across the tr.....
UK economic growth slows down to 0.1% in February: Tougher times ahead?
April 12, 2022 04:01 PM AEST| By Team Kalkine MediaBritain's Gross Domestic Product grew by just 0.1% in February, a significant reduction from 0.8% in January, data from the Office for National Statistics (ONS) revealed on Monday. The latest figures put the monthly real GDP for February at 1.5% a.....
Crude oil rises on OPEC’s warning of tight supplies
April 12, 2022 02:59 PM AEST| By Arpit VermaHighlights Crude oil prices inched up on Monday. The Organisation of the Petroleum Exporting Countries (OPEC) has warned that it would be difficult to enhance output to counterbalance the Russian lost supplies. the International Energy Agency...
Will Ethereum’s popularity increase after Biden's executive order?
April 12, 2022 02:36 PM AEST| By Mariana Santos (Guest)It is no news that the cryptocurrency sector is highly volatile, and influencers predict the industry price movement. This is why every investor or trader updates themselves on financial news and activities. Somehow, US President Biden has become a p...
Should Australia follow Canada in banning foreign real estate buyers?
April 12, 2022 01:54 PM AEST| By Akanksha VashishtCanada has responded to rising house prices, introducing a ban on foreign investors from buying homes in the country. The two-year ban has been announced to ease the unaffordability constraints faced by domestic residents. However, the latest move .....
Crypto Catch: Bitcoin plunges over 8%, US$250 billion wiped off crypto market
April 12, 2022 01:15 PM AEST| By Daniel Paul JohnsHighlights Cryptocurrency’s market cap dropped from US$2 trillion to U$1.83 trillion – around eight per cent. Terra’s LUNA coin was the worst hit, plunging 13 per cent in the past 24 hours, and 28 per cent over the past week .....
RBNZ to raise interest rates tomorrow, by how much is the question
April 12, 2022 01:12 PM AEST| By ManikaHighlights On Wednesday, the RBNZ will meet for monetary policy review. Economists divided over whether it will raise 25 bps or 50 bps Since rising inflation is the main concern, it is expected that the RBNZ will act tough and fast Econom.....
Why is Valencia CF Fan Token (VCF) crypto gaining traction?
April 12, 2022 02:36 AM AEST| By Rupam RoyThe Valencia CF Fan Token (VCF), which aims to build a loyal fan following for one of Europe’s most famous football clubs Valencia FC, surged more than 125% on Monday morning. Its trading volume skyrocketed by over 7151% in the trailing 24 ho.....
What is Earncraft (PLOT) crypto and why is it rising?
April 11, 2022 11:05 PM AEST| By Rupam RoyThe metaverse-focused play-to-earn (P2E) project, Earncraft (PLOT) token, soared over 248%, while its volume skyrocketed 2270% in the last 24 hours to 6:44 am ET on Monday. Although the crypto market rally appeared to have weakened on Monday morni.....
MiniFootball crypto is up 600% in one week. Why is it rising?
April 11, 2022 10:41 PM AEST| By Raza NaqviThe price of MiniFootball cryptocurrency soared 26 per cent in the last 24 hours, and it was trading at US$ 0.000000000139 per cent at the time of drafting this article. Meanwhile, the price of MiniFootball crypto is up 630% in a week, according t.....
ION token’s sudden rise: What is ION crypto all about?
April 11, 2022 09:35 PM AEST| By Ankit Sethi“Option to pay in Doge?” is what Elon Musk is said to have suggested after the big Twitter stake reveal. But Musk’s suggestion to Twitter does not seem to have supported Dogecoin's (DOGE) price, which was down nearly 15 per cent o.....
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