Cryptocurrency

Bitcoin (BTC) dips below US$30,000, sliding for seventh straight week

 Bitcoin (BTC) dips below US$30,000, sliding for seventh straight week

Highlights: 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 ...

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Utrust (UTK) crypto gains nearly 5%; know more about this crypto

Utrust (UTK) crypto gains nearly 5%; know more about this crypto

Highlights Utrust’s network focuses on combining the best of blockchain and traditional finance for the benefit of users It has significantly lower fees than traditional payment rails The platform also offers instant conversion from cryp...

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Considering cryptos for retirement investment? Points to evaluate first

Considering cryptos for retirement investment? Points to evaluate first

Highlights Bitcoin gained last year, but volatility can hit it at any time. It has largely lost in 2022 Many regulators across the world are not keen on cryptos. However, BTC ETFs have been greenlit Wallets containing crypto holding may be hac...

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NZX 50 sheds 0.92%, all eyes on Fed rate hikes

NZX 50 sheds 0.92%, all eyes on Fed rate hikes

  • May 03, 2022 06:52 PM NZST
  • Sonal

Highlights: The benchmark S&P/NZX50 index fell 0.92% to 11,675.92 after reporting a drop of 0.8% on the previous day. Market sentiment remains subdued due to the energy crisis worldwide, bleak economic position of China due to lockdown and ...

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As another CryptoPunk NFT sells for high price, what to expect?

As another CryptoPunk NFT sells for high price, what to expect?

Is crypto the next big thing? While a few, including Michael Saylor of MicroStrategy, argue in favor, a few, including Warren Buffett of Berkshire Hathaway, are extremely critical. The new reality is that the blockchain-powered investment asset wo...

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What is Piccolo Inu (PINU) crypto and how safe is this token?

What is Piccolo Inu (PINU) crypto and how safe is this token?

Highlights Piccolo Inu’s co-founder is said to have addressed the gathering at Crypto Expo Dubai 2022 A relatively very new entrant in the cryptoverse, Piccolo token has yet to demonstrate utility The ecosystem claims to offer NFT mintin...

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Crypto Catch: Argentinian bank offers option to trade in cryptocurrencies

Crypto Catch: Argentinian bank offers option to trade in cryptocurrencies

conditions. The largest bank in Argentina has added the option to trade cryptocurrency on its platform. The Banco Galicia announced on Monday that it had added a feature in its app for customers to acquire bitcoin, ether, USDC and XRP. While t...

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Healthcare, climate change to be main focus in upcoming NZ Budget: Grant Robertson

Healthcare, climate change to be main focus in upcoming NZ Budget: Grant Robertson

  • May 03, 2022 04:07 PM NZST
  • Manika

Highlights: NZ Budget to focus on healthcare and climate change New fiscal rules in the offing To cap the debt at 30% instead of current 50% It’s the Budget month again. It’s the month when we finally get to see how much the G...

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US stocks close higher after yields rise to 3-year high; SAVE, ATVI rally

US stocks close higher after yields rise to 3-year high; SAVE, ATVI rally

US stocks closed higher on Monday, May 2, after yields on 10-year Treasury notes jumped 3%, the highest increase in more than three years. The S&P 500 was up 0.57% to 4,155.38. The Dow Jones rose 0.26% to 33,061.50. The NASDAQ Composite increase...

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Pi Network (PI) crypto: What do we know about its price?

Pi Network (PI) crypto: What do we know about its price?

The Pi Network crypto, launched in 2021, has been drawing people’s attention over its prospective price. The Network has been riddled by various uncertainties and speculations since its launch. What is Pi (PI) Network crypto? The Pi Network...

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Will Quant (QNT) crypto see a price boost after website launch?

Will Quant (QNT) crypto see a price boost after website launch?

The Quant (QNT) crypto rose 2.67% to US$96.85 at 11:20 am ET on Monday. The project was launched in 2018 to connect blockchains and networks globally. Quant (QNT), built on a distributed ledger technology operating system, was trending after it an...

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