News

China plans new property tax; here’s how it may hit Australia
October 26, 2021 01:51 PM AEDT| By AshishHighlights China has announced plans to roll out a pilot real estate tax amid the ongoing rise in real estate speculation across the country. The National People's Congress Standing Committee has provided the nod to the latest plan to promote ".....

Why did Bakkt (BKKT), Coinbase (COIN) stocks jump on Monday?
October 26, 2021 09:51 AM AEDT| By Ipsita SarkarHighlights Bakkt Holdings, Inc. (NYSE: BKKT) stock rallied after the news of its partnership with Mastercard Incorporated and strategic alliance with Fiserv Inc. Coinbase Global Inc (NASDAQ: COIN) stock gained 16% YTD since its NASDAQ listing i.....
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S&P, Dow Jones climb to fresh highs ahead of big tech earnings
October 26, 2021 08:43 AM AEDT| By Sanjeeb BaruahThe S&P 500 Index and Dow Jones closed at record highs on Monday, October 25, ahead of quarterly earnings of big technology companies like Apple, Amazon, and Alphabet this week. The S&P was up 0.47% to 4,566.48. The Dow Jones rose 0.18% to 3...

Does Bitcoin even have a resistance level? Let’s find out
October 26, 2021 12:59 AM AEDT| By Ankit SethiHighlights Bitcoin’s resistance level is a technical indicator which may or may not be holding any clues. Moving averages rely on past price data, which in the case of Bitcoin can be very wide-ranging due to the underlying ultra-volatilit.....

After Shiba Inu’s rally, 5 meme cryptos to watch in 2022
October 25, 2021 10:19 PM AEDT| By Ankit SethiMemes are no longer just for sarcasm or a funny take on something. They have spawned crypto tokens, and a few have multi-billion-dollar market capitalizations. Source: Pixabay.com Yes, we are talking about Dogecoin (DOGE), and its biggest r.....

GMR's volume soars over 5000%. Where to buy GMR crypto?
October 25, 2021 09:34 PM AEDT| By Raza NaqviHighlights GMR is the native utility token of GMR Finance, a project for the gaming community. The native GMR token is a deflationary BEP20 token from the Binance Smart Chain and was launched with a fixed supply of 1 quadrillion tokens.&n.....

Looking to trade Bitcoin? Here are three important technical indicators
October 25, 2021 08:50 PM AEDT| By AayushTrading in Bitcoin or any other cryptocurrencies is a different ball game. The extreme volatility of these new-age coins can make them difficult to trader even for some experienced traders. With Bitcoin having marked a new all-time high of almost U.....

Why are altcoins gaining strength in the cryptocurrency market?
October 25, 2021 07:21 PM AEDT| By SamtaAccording to various media reports, Altcoins have surged over 60% of the cryptocurrency market in October 2021. This article will walk you through - why are altcoins gaining strength in the cryptocurrency market. What is altcoin? Cryptocur.....

Shiba Inu soars on a record-breaking bull run to become the 13th largest crypto
October 25, 2021 06:45 PM AEDT| By Aditi SahaHighlights The "dogecoin killer" reached new highs over the weekend, becoming the 13th-largest cryptocurrency in terms of market cap. On October 24, SHIB reached an all-time high, and the price touched $0.00003995, according to CoinGecko.com. .....

Is Rubic Altcoin Redefining Trading?
October 25, 2021 05:32 PM AEDT| By Daniel Paul JohnsHighlights The aim of Rubic crypto is to deliver a complete one-stop decentralised trading platform. Amongst other things, Rubic allows its users to make a swap between different networks using integrated and created bridges between those netwo.....

CryptoPunk now in an art gallery near you
October 25, 2021 12:42 PM AEDT| By Kiara KhannaNFT creators like Beeple are taking the world of NFTs by storm. Now the NFT owners are pushing it a notch higher in their quest to show off the world something that they bought by spending millions of dollars. Now you can get hold of world-famous N.....

Here’s how the unemployment dynamics changed in the pandemic
October 24, 2021 06:48 PM AEDT| By Sukriti NairGlobally, economies are facing various challenges. Unemployment is the one of the significant one. To curb them, various initiatives are on. Governments are making special budgets for jobless claims. Some are trying their best to create jobs. Howev.....

Saudi Aramco to achieve net zero emissions by 2060
October 24, 2021 04:23 PM AEDT| By Sukriti NairSaudi Arabian energy giant Saudi Aramco has set its net zero emissions target to 2060. On Saturday, Aramco chief Amin Nasser declared that the energy major aims to reduce emissions from operations by 2050. The news was shared at the Saudi Green Ini.....

World’s COVID-19 vaccine story till now
October 24, 2021 02:41 PM AEDT| By Sukriti NairSoon it will be two years since COVID-19 began. And, yet, the pandemic has still not ended. However, global endeavors to create an effective COVID-19 vaccine are bearing fruit. It's not just the rollout of a vaccine but increasi.....

Facebook’s Novi: 8 things you need to know about the crypto wallet
October 24, 2021 12:23 AM AEDT| By Ankit SethiThe cryptocurrency game is heating up. After the entry of celebrities like Paris Hilton in the non-fungible token (NFT) space and launch of the much-awaited Bitcoin ETF in the US, it is now the Facebook and Coinbase partnership making headlines. T.....

7 financial lessons from Netflix’s Squid Game
October 24, 2021 12:03 AM AEDT| By Sukriti NairCOVID-19 pandemic has dramatically worsened life for the world's poor. The money crisis is whiplashing developing nations. People have taken loads of 'survival' debt, and hopes of life-changing money have made them prone to financial fraud. Thus, u.....
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US stocks close mixed on Powell's hawkish remark
October 23, 2021 11:09 AM AEDT| By Sanjeeb BaruahDow Jones closed higher, while S&P 500 and Nasdaq drifted on Friday, October 22, after Fed Chair, Jerome Powell's tapering remarks weighed on investors' sentiment. However, the optimism over the robust earnings has pushed the indices towards thei...

A look at Tesla’s Journey in 2021 and beyond
October 23, 2021 01:43 AM AEDT| By SamtaHighlights Tesla booked total revenue of US$13.75 billion, up 57% on year-over-year basis. Analysts predict price target of US$1,000 for Tesla. Despite a list of problems ranging from legal issues to supply chain constraints, the company.....

Is Ethereum going to hit $15,000 in the next six months?
October 23, 2021 01:14 AM AEDT| By Aditi SahaEthereum is the second most prominent crypto, following Bitcoin. However, Ethereum, unlike Bitcoin and other virtual currencies, is designed to serve more than just a store of value or a medium of exchange. Since its inception in 2015, Ethereum ha.....

UK launches world’s first green savings bond: What the savers can get?
October 22, 2021 10:47 PM AEDT| By Suhita PoddarHighlights The UK launched the world’s first retail green savings bond, issued by the National Savings and Investments The move follows after the UK has raised a total of £16 billion in green sovereign bonds since the last month .....
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