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What does Beefy Finance do & how to buy BIFI tokens?
Cryptocurrency

What does Beefy Finance do & how to buy BIFI tokens?

The price of Beefy Finance (BIFI) cryptocurrency has gone up about five per cent in the last 24 hours, and its fully diluted market cap had increased to $136.6 million at the time of writing. Beefy Finance ranked 380 and was priced at $1,711.28 pe...

How would inflation further affect sectors? 5 pointers to note
Economy

How would inflation further affect sectors? 5 pointers to note

The inflation rate of the UK surged unexpectedly to 5.4% in December up from November’s 5.1%, since its highest in 1992, enhancing pressure on the household sector and on the Bank of England to raise interest rate again. The sharp rise in inf...

Genesis (NZX:GNE): How did it perform in FY22 Q2 period?
Stock Market

Genesis (NZX:GNE): How did it perform in FY22 Q2 period?

Highlights Genesis Energy released its FY22 second quarter report, where key enhancements were observed amid hydro generators like modernisation of Piripaua Power Station. The Company’s wholesale prices declined below generation costs; th...

What is JasmyCoin crypto? Can Jasmy ‘data lockers’ attract users?
Cryptocurrency

What is JasmyCoin crypto? Can Jasmy ‘data lockers’ attract users?

Highlights  Jasmy project aims to provide licensed access to personal data of users Businesses can use this data to promote their products and services in an efficient manner JasmyCoin is the linked token, and it peaked to US$4 in Februar...

New Zealand rules out lockdown, other major updates
Stock Market

New Zealand rules out lockdown, other major updates

Highlights The NZ govt rules out lockdowns in case Omicron spreads more in the community.  Cathay Pacific airlines announce new flexi fares for NZ flights. The cost of medicinal cannabis in the country to drop, following a major commercia...

Selling in Healthcare Stocks Impacted NZ Market
Market Updates

Selling in Healthcare Stocks Impacted NZ Market

On 20th January 2022, the equity market of NZ closed on an unfavourable note. Notably, significant selling was witnessed in the healthcare as well as consumer discretionary stocks. NZX 50 Index and NZX 20 Index declined by 0.91% and 1.02%, respective...

What makes the SOS token popular among investors?
Cryptocurrency

What makes the SOS token popular among investors?

Highlights In December, the OpenDAO, a new decentralised autonomous organisation (DAO), started to give away free tokens to the users of OpenSea, the biggest NFT marketplace. According to OpenDAO's Twitter bio, an anonymous user, @9x9x9eth, is ...

Why to consider 5 NZX stocks under NZ$5 in January 2022?
Stock Market

Why to consider 5 NZX stocks under NZ$5 in January 2022?

Highlights  These are growth stocks but are priced low. Spark New Zealand is on a growth trajectory. AFT Pharmaceuticals is another high growth stock trading under NZ$5. Stocks with share prices less than NZ$5 is an attractive way fo...

  • January 20, 2022 07:56 PM NZDT
  • Manika
What led to Grayscale Bitcoin Trust’s (GBTC) record-high discounts?
World News

What led to Grayscale Bitcoin Trust’s (GBTC) record-high discounts?

Highlights  Grayscale Bitcoin Trust, a popular crypto fund, has been witnessing steep discounts in the trading of its share. GBTC’s discount has reached 26.5%, the highest in the last 12 months. Some of the reasons for the same can ...

What is Syn City crypto? Is it a metaverse token?
Cryptocurrency

What is Syn City crypto? Is it a metaverse token?

Highlights  Syn City is a new entrant in metaverse gaming where AXS, MANA, and SAND are the leading players Syn City crypto project claims it is the first ‘mafia’ game with blockchain underpinning Syn City token, SYNR, is bein...

Could Bitcoin plummet below US$30,000 in 2022?
Cryptocurrency

Could Bitcoin plummet below US$30,000 in 2022?

Highlights Bitcoin's recent performance has sparked a debate about whether the cryptocurrency is truly losing its shine. Ethereum, the second largest cryptocurrency by market capitalisation, may soon dethrone Bitcoin. Bitcoin had a rough s...

Napier Port (NZX:NPH): What were its trade volumes in 1Q 2022?
Stock Market

Napier Port (NZX:NPH): What were its trade volumes in 1Q 2022?

Highlights Napier Port Holdings publishes its first-quarter report for the period ended 31 December 2021. The Company saw a rise in its bulk cargo trade volumes underpinned by increased log exports. Napier Port Holdings Limited (NZX:NPH) h...

Popular NZX consumer stocks worth considering in January 2022
Consumer Stocks

Popular NZX consumer stocks worth considering in January 2022

Highlights NZ witnessed increased card spending by consumers in December 2021 owing to the easing down of restrictions and the festive season. Fonterra Co-operative Group revises its 2021/22 milk collection forecasts. An online ASM conducted b...

Which are 5 NZX REIT stocks to look at this year?
Infrastructure and Real Estate Stocks

Which are 5 NZX REIT stocks to look at this year?

Highlights With sales of houses dropping and prices moving up, investors could look at other options. REITs can be an option. REITs invest only in commercial property in NZ. According to a recent report by the Real Estate Institute, while...

  • January 20, 2022 04:20 PM NZDT
  • Manika
Should investors be wary of North Korea's crypto crimes?
Cryptocurrency

Should investors be wary of North Korea's crypto crimes?

Highlights Some governments entered the crypto industry with nefarious motives, knowing the flaws. North Korea is the country responsible for laundering stolen assets from the cryptocurrency industry. North Korea utilise those funds to support...

US stocks edge lower as technology, financial sectors slip
Market Updates

US stocks edge lower as technology, financial sectors slip

Benchmark US indices drifted lower at the close on Wednesday, January 19, dragged down by losses in technology and financial sectors amid a choppy trading session. The S&P 500 was down 0.97% to 4,532.76. The Dow Jones fell 0.96% to 35,028.65. Th...

UK inflation surges to a 30-year high level: What to expect now?
Economy

UK inflation surges to a 30-year high level: What to expect now?

Consumer Price Index (CPI) inflation in the United Kingdom jumped to 5.4% in the final month of 2021. Britain’s inflation rate rose to the highest level in the last 30 years, as per the official figures released by the Office for National Sta...

Norton crypto mining services: All you need to know
Cryptocurrency

Norton crypto mining services: All you need to know

Highlights  Norton is a popular anti-virus that has recently launched a crypto mining feature For now, users can mine Ether crypto using Norton, but services can be broadened in future Ether is trading at subdued price level right now due...

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