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UK market remains nervous as gilt yields rise
October 11, 2022 12:20 AM AEDT| By Abhishek SharmaUK Market:,The UK market was trading in red as investors were nervous over volatility in the market following the rising borrowing costs for the government. At around 1:30 pm GMT+1, the FTSE 100 index was trading 0.1% lower while the FTSE 250 was tra...
5 of the biggest crypto scams you must know about
October 10, 2022 11:13 PM AEDT| By Team Kalkine MediaCryptocurrency is a recent concept in the market and is an unexplored territory and fairly new technology. Therefore, it has a huge space for scammers and pump-and-dump schemes.
Can Bitcoin be used as real money?
October 09, 2022 10:00 AM AEDT| By Ankit SethiFor now, Bitcoin has very limited use as money and a very long road ahead to become what Satoshi Nakamoto envisioned -- electronic cash.
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Will European Union approve EU Council's MiCA bill?
October 08, 2022 05:41 PM AEDT| By Manu ShankarEU Council approved and finalised the MiCA bill text on 5 October.
UK market muted amid gloomy outlook for economy
October 07, 2022 11:35 PM AEDT| By Abhishek SharmaUK Market:,The UK market was mixed on Friday as investors continued to exercise caution over the country's economic outlook. At around 1:00 pm GMT+1, the benchmark index FTSE 100 was trading 0.15% higher, while the FTSE 250 was down 0.51%. Meanwhile,...
FTSE 100 falls as oil prices move higher
October 06, 2022 11:58 PM AEDT| By Rishika Rainabrent crude futures remained close to $93 as traders assessed the contentious move of OPEC.
Reabold (LON:RBD) establishes strong footing on the back of action-packed H1 2022
October 06, 2022 05:49 PM AEDT| By Team Kalkine MediaHighlights:,Reabold reports an action-packed half year ended 30 June 2022.,Corallian Energy Limited received a conditional sale offer.,The company has acquired six North Sea licences with attractive development and monetisation prospects.,Reabold has...
Latest CPR a shot in the arm for Reabold’s (RBD) West Newton resource potential
October 06, 2022 05:27 PM AEDT| By Team Kalkine MediaHighlights:,RPS Energy Canada Ltd ("RPS") published a competent person's report ("CPR") for PEDL 183.,CPR confirms Reabold’s (RBD) West Newton is potentially one of the largest hydrocarbon fields discovered onshore UK,The CRP key highlights covered W...
Is Bitcoin mining legal in Australia?
October 06, 2022 01:51 PM AEDT| By Ankit SethiBitcoin mining is not viewed favourably in many countries, such as China and Turkey. One of the reasons is that the process is very energy-intensive.
UK market slips into red as investors weigh up Truss' speech
October 05, 2022 11:23 PM AEDT| By Abhishek SharmaUK Market:,The UK market reversed its gains from the previous session and slipped into red on Wednesday. The negative mood of the market came as investors analysed PM Liz Truss' speech at the Conservative Party conference in Birmingham. Defending her...
UK market rallies amid reports of govt's plans on funding tax cuts
October 04, 2022 11:32 PM AEDT| By Abhishek SharmaUK Market:,The UK market was trading on the front foot on Monday after the government's U-turn on the tax rate and Chancellor Kwasi Kwarteng's plans to bring forward how the £43 billion tax cuts will be funded. The blue-chip index jumped over 2% at a...
What is metaverse? Five crypto tokens you must know about
October 04, 2022 11:21 PM AEDT| By Rupam RoyLet’s explore five metaverse tokens, that includes APE, MANA, SAND, CEEK, and AXS.
Government's U-turn on scrapping 45% tax rate: Here's what it means
October 04, 2022 08:58 PM AEDT| By Abhishek SharmaChancellor Kwasi Kwarteng has announced the reversal of the decision to scrap the 45% income tax rate for the highest earners. The move comes amid criticism from organisations, economists, and MPs.,After a week of criticism for,slashing the to...
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Why are DEXs gaining more popularity?
October 04, 2022 01:14 AM AEDT| By Manu ShankarAccording to research from a Citi report, DEXs have grown faster than CEXs over the past two years
FTSE 100 falls post tax plan U-turn
October 04, 2022 12:13 AM AEDT| By Rishika RainaUK Chancellor Kwasi Kwarteng referred to the 45p tax rate as a distraction.
What might become of Bitcoin by year 2030?
October 02, 2022 11:00 AM AEDT| By Ankit SethiBitcoin and its peer virtual currencies like Ether and Dogecoin are yet to be regulated properly in most countries.
Is Bitcoin a currency or commodity?
October 02, 2022 10:00 AM AEDT| By Ankit SethiThe Commodity Exchange Act – which governs trading in commodities in the world’s largest economy, the United States – recognises Bitcoin and other ‘virtual currencies’ as commodities.
FTSE 100 trades higher as GDP grows by 0.2%
September 30, 2022 10:53 PM AEST| By Abhishek SharmaUK Market:,The UK market was trading in the green on Friday as the Office of National Statistics (ONS) reported that the UK's Gross Domestic Product (GDP) grew by 0.2% in the quarter to June. The number surpassed the previous forecasts of a 0.1% decl...
UAE Ministry of Economy joins Metaverse craze
September 30, 2022 07:15 PM AEST| By Manu ShankarThe United Arab Emirates (UAE) Ministry of Economy opened its headquarters on the metaverse platform on 28 September
Reabold Resources (LON:RBD) executes SPA for acquisition of Simwell
September 30, 2022 06:57 PM AEST| By Team Kalkine MediaHighlights:,Reabold Resources (LON:RBD) executed a Sale and Purchase Agreement ("SPA") to conditionally acquire Simwell Resources Limited ("Simwell").,The development will expand the company’s portfolio by adding four UK licences of the Southern Nort...
