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5 emerging blockchains that may become Ethereum killers in 2022
Cryptocurrency

5 emerging blockchains that may become Ethereum killers in 2022

That blockchain is good but Bitcoin and altcoins are not so good is a separate debate. Even some staunchest critics of cryptocurrencies steer clear from writing the blockchain technology off. Overall, 2021 was a good year for cryptocurrencies. Des...

Does BitMart Exchange Heist Highlights the Need for Tighter Security?
Cryptocurrency

Does BitMart Exchange Heist Highlights the Need for Tighter Security?

Image Source: © Stevanovicigor | Megapixl.com Another month another crypto hack. The latest heist in which hackers managed to find their way through crypto exchange, BitMart’s,  security system a get away with close to...

Is Crypto Now Back To a Bear Market?
Cryptocurrency

Is Crypto Now Back To a Bear Market?

The recent cryptocurrency selloff, which resulted in billions of dollars being wiped off the total market capitalisation, has investors wondering: Is crypto now in a bear market? What Defines a Bear Market? While there’s no clear definitio...

How are 5 NZX infrastructure stocks faring amid declining building activity?
Infrastructure and Real Estate Stocks

How are 5 NZX infrastructure stocks faring amid declining building activity?

Highlights Infrastructure stocks aid the country's progression and long-term prospects. Steel & Tube Holdings declares incentives for its vaccinated staff members. Metro Performance Glass reveals 1H22 performance; profitability reduced due...

Good Spirits (NZX:GSH):What are the agendas for upcoming annual meeting?
Stock Market

Good Spirits (NZX:GSH):What are the agendas for upcoming annual meeting?

Highlights  Good Spirits Hospitality is going to hold its Annual Meeting on 20 December. For casting the vote in the Annual Meeting, individuals have to be stakeholders by 17 December. Good Spirits Hospitality Limited (NZX:GSH) notifi...

How are these 3 NZX communication stocks gearing up for 2022?
Communication Stocks

How are these 3 NZX communication stocks gearing up for 2022?

Highlights New Zealand has a developed and competitive telecom sector. Spark informed about establishing 3 Sustainability-Linked Loans totalling $425 million. Rakon upgraded its EBITDA guidance range and expects an EBITDA between $44 million a...

  • December 06, 2021 10:32 PM NZDT
  • Sonal
What is Function X crypto? Know its price prediction
Cryptocurrency

What is Function X crypto? Know its price prediction

Amid the falling prices of almost all the significant cryptocurrencies globally, the Function X crypto (FX) surged on Monday, December 6. In the last 24 hours, the FX coin expanded by 6 per cent, and it was trading at US$ 1 per token.  At the...

Are these 5 NZX agriculture stocks worthwhile ahead of 2022?
Consumer Stocks

Are these 5 NZX agriculture stocks worthwhile ahead of 2022?

Highlights  The NZ government is investing in new research projects related to regenerative farming practices. PGG Wrightson upgraded its operating EBITDA to around $58 million for FY22. Fonterra raised its Farmgate milk price range to $8...

  • December 06, 2021 09:12 PM NZDT
  • Sonal
What is MetaVPad crypto? Know METAV price prediction & staking
Cryptocurrency

What is MetaVPad crypto? Know METAV price prediction & staking

If 2021 was about non-fungible tokens (NFTs) and their linked projects like Axie Infinity, 2022 may well be the year of metaverse coins. Metaverse is not all about blockchain or cryptocurrencies, but there seems to be a close link. Isn’t gam...

Selling in Utilities Sector Impacted Markets in NZ
Market Updates

Selling in Utilities Sector Impacted Markets in NZ

On 6th December 2021, the broader NZ market closed in red after significant selling was witnessed in the utilities sector. On the same day, NZX 50 Index has witnessed a fall of 0.62% and NZX 20 Index has declined by 0.73%. Also, NZX All Utilities has...

Why did Bitcoin's price see a downfall during the weekend?
Cryptocurrency

Why did Bitcoin's price see a downfall during the weekend?

Highlights  The cryptocurrency market saw a decline when its largest digital currency Bitcoin's prices took a plunge overnight Saturday. Bitcoin witnessed a freefall of nearly 17% and tumbled to about US$43000 and subsequently went for a l...

Seeka (NZX:SEK): What is its latest financial guidance for 2021?
Consumer Stocks

Seeka (NZX:SEK): What is its latest financial guidance for 2021?

Highlights Seeka updates its net profit before tax guidance for FY21 to be between $22 million and $24 million. The guidance includes the agreement of the kiwifruit claim against the NZ government. Seeka also concluded its Orangewood acquisiti...

  • December 06, 2021 05:51 PM NZDT
  • Sonal
What happened to cryptos over the weekend?
Cryptocurrency

What happened to cryptos over the weekend?

Crypto Weekend Bloodbath Bitcoin has bounced back slightly after plummeting over US$12,000 on Saturday. The price dropped from US$57,500 to US$45,000 on Saturday. This is the biggest dive since the mid-year crash where Bitcoin lost more than hal...

Synlait (NZX:SML): Why did it strike a deal with Danone?
Stock Market

Synlait (NZX:SML): Why did it strike a deal with Danone?

Highlights Synlait Milk has entered into a research alliance with Danone, AgResearch and MPI to measure soil health and study the impacts of regenerative agriculture practices. The project is backed by the NZ Government and is likely to commenc...

Vulcan Steel (NZX:VSL): What is its trading and earnings update?
Stock Market

Vulcan Steel (NZX:VSL): What is its trading and earnings update?

Highlights Vulcan Steel reported a 35% YOY rise in its overall revenue for 5 months to 30 November 2021. The Company also revised its earnings forecast for FY22. Biggest steel distributor in Australasia Vulcan Steel Limited (ASX:VSL, NZX:V...

  • December 06, 2021 03:14 PM NZDT
  • Sonal
Crude oil recovers as OPEC plans to reconsider its output if demand suffers 
Commodities

Crude oil recovers as OPEC plans to reconsider its output if demand suffers 

Highlights Crude oil price recovers on Monday after settling a little higher on Friday. OPEC+ decided to stick to its original plan of gradually increasing the output. The cartel's next meeting is scheduled for 4 January 2022. Crude oil p...

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