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News
5 Canadian metal stocks to buy
October 16, 2021 03:14 PM AEDT| By Team Kalkine MediaHighlights Over 43 per cent of the global mining firms are listed on the Toronto Stock Exchange and Toronto Stock Venture Exchange. A stock mentioned here surged by 104.8 per cent in the past year. One of the companies listed earned a gross pr.....
Why LM Funding (LMFA) stock skyrocketed by over 33%?
October 16, 2021 12:20 PM AEDT| By Ipsita SarkarHighlights LM Funding America, Inc. (NASDAQ: LMFA) plans to mine 1200 bitcoins annually, starting from the second quarter of 2022. The company purchased 5000 mining machines for US$31.6 million to date. The stock is up 33.42% to US$4.58.....
LinkedIn to shut down service in China, cites ‘challenging’ conditions
October 16, 2021 12:00 PM AEDT| By Sanjeeb BaruahHighlights Microsoft-owned LinkedIn said that greater compliance requirements made it impossible to continue operations in China. LinkedIn will replace the site with a job portal, called InJobs, a stripped-down version, which will not have its.....
Wall Street ends higher as financials, consumer stocks lead gains
October 16, 2021 08:25 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed higher for the second consecutive day on Friday, October 15, buoyed by robust quarterly results of financial majors Goldman Sachs and Charles Schwab and others. The S&P 500 rose 0.75% to 4471.37. The Dow Jones rose 1....
Mania to mainstream: In a first, SEC might allow Bitcoin ETF trading
October 16, 2021 04:59 AM AEDT| By Ipsita SarkarHighlights Last month, SEC chair Garry Gensler hinted that Bitcoin Futures ETFs might receive a government nod under a 1940 law. Although many aspiring Bitcoin ETF issuers have lined up since, as many as four are under SEC consideration t.....
3 Canadian IPOs to get very excited about!
October 16, 2021 02:45 AM AEDT| By Shreya BiswasHighlights While the year 2020 had seen a massive surge in public debuts, despite the pandemic, 2021 is reportedly set to outpace last year. Investors who are particularly interested in debutant companies could keep a look out for these IPOs. .....
Can the 1st US Bitcoin ETF take BTC to new peaks?
October 16, 2021 02:39 AM AEDT| By Ankit SethiHighlights The Securities and Exchange Commission (SEC) had earlier approved the Volt ETF that tracks stocks in Bitcoin-related activities Bitcoin’s price has been surging over the past few weeks, likely because investors are banking .....
Is NuCypher (NU) a good investment for near future?
October 16, 2021 01:51 AM AEDT| By Manu ShankarNuCypher (NU) is decentralised encryption software that provides a security and privacy layer for public blockchains. An end-to-end encrypted data sharing platform allows seamless data sharing between multiple participants using proxy re-encryption.....
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Can these 5 altcoins help fund holiday shopping?
October 16, 2021 12:30 AM AEDT| By Ankit SethiHighlights It is not Bitcoin that has gained the most this year, many altcoins win in terms of YTD returns. It is best to study the underlying tech of any crypto in order to understand any likely rise or fall in value in the future. Some altco.....
Top events to watch in Canadian markets on October 15
October 16, 2021 12:20 AM AEDT| By Raza NaqviHighlights For the first time since late 2018, oil prices jumped to US$ 85 per barrel. Saudi Arabia has urged that the Organization of the Petroleum Exporting Countries (OPEC) and its allies must restore output. Prime Minister Justin Trudeau i.....
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Is Olympus crypto (OHM) a decent investment option?
October 15, 2021 11:44 PM AEDT| By Manu ShankarHighlights Olympus crypto (OHM) is deemed an algorithmic stablecoin protocol to become a stable crypto-native currency. As per CoinMarketCap, OHM was trading at US $989.64 with a 24-hour trading volume of US $466,321,565 and was down 20.75% in .....
Digital gift card retailer Prezzee to be listed on ASX soon
October 15, 2021 08:56 PM AEDT| By Priyanka PayalHighlights Prezzee Pty Limited is considering getting listed on the stock market soon. Studies indicate that the gift-card market could expand from AU$838 billion in 2019 to AU$2.81 trillion by 2027. Prezzee, which operat.....
Why Ripple joining the Digital Pound bandwagon could be a gamechanger
October 15, 2021 08:51 PM AEDT| By Manu ShankarHighlights Ripple Foundation on 14 October announced that it would be joining forces with the UK’s Digital Pound Foundation. The Ripple team is expected to work with the Digital Pound Foundation on the technical as well as policy-re.....
North Australian Cattle Company now has a new owner
October 15, 2021 08:16 PM AEDT| By Sonal GoyalHighlights North Australian Cattle Company (NAAC) has come out of voluntary administration with new owner. The managing director of NAAC, Ashley James has taken over the NACC. The company went into administration due to disagreement amon.....
Here’s NSW’s A$66M package to lift outdoor activities post lockdown!
October 15, 2021 07:47 PM AEDT| By Priyanka PayalHighlights On Thursday, the NSW Government announced Alfresco Restart package worth AU$66 million to boost outdoor dining and hospitality business in Australia post lockdown. The decision was taken in view of the decline in COVID-19 cases.....
VillageMD IPO: When is the healthcare services provider going public?
October 15, 2021 07:36 PM AEDT| By Raza NaqviWalgreens Boots Alliance Inc. (NASDAQ:WBA) said on Thursday, October 14, that it has agreed to become the majority owner of VillageMD, a company that provides primary care to the communities where patients live and work. Walgreens is a leading.....
Bitcoin Hits $60,000 for the first time since April
October 15, 2021 07:30 PM AEDT| By Manu ShankarHighlights Bitcoin breaks into the US $6000 for the first time in months. At the time of writing (BST 8.00 am), Bitcoin was currently trading at US $59,560.05 with a 24-hour trading volume of US $39,709,408,168. Bitcoin was up by 3.19% in the.....
The Best Cryptocurrencies of 2021
October 15, 2021 07:03 PM AEDT| By Tom Murphy (Guest)Back when Bitcoin was created in 2009 as a response to the financial crisis, the world had gained a new asset class and its first digital currency. Several years later, thousands of cryptocurrencies are in existence, all with different specialties an...
United Wholesale Mortgage decides to stop accepting cryptos
October 15, 2021 05:44 PM AEDT| By AayushHighlights United Wholesale Mortgage has backtracked on its decision of accepting cryptocurrencies as a payment. The regulatory uncertainty and the current incremental cost forced the company to not continue accepting cryptocurrencies. The pil.....
Crypto Statistics 101: Did You Know That?
October 15, 2021 05:44 PM AEDT| By Tom Murphy (Guest)Whether or not you are a Bitcoin investor, you can always choose to be informed of the latest development in the crypto market. You might find yourself drawn into the investment opportunities offered by cryptocurrencies. Learn the latest statistics t...
Canadian AI All-Stars: Unveiling the Top Stocks for 2025