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News
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US stocks break three-day losing streak, RESN, SPCE fly high
February 16, 2022 09:10 AM AEDT| By Versha JainBenchmark US indices reversed their three-day losing streak on Tuesday, February 15, after broad gains across sectors amid Russia’s decision to withdraw troops from the Ukraine border. The S&P 500 surged 1.58% to 4,471.07. The Dow Jo...
How HMRC is trying to tighten its noose around crypto frauds
February 16, 2022 05:00 AM AEDT| By Manu ShankarHighlights The HMRC has seized three non-fungible tokens (NFTs) as a part of the £1.4 million (US$1.9 million) fraud case. The NFT seizure was a part of a suspected value-added tax (VAT) evasion case, where three suspects were arrested on...
Florida woman pays in Ethereum (ETH) to buy home in Propy auction
February 16, 2022 03:48 AM AEDT| By Rupam RoyHighlights A Florida woman paid in NFTs to buy a Tampa house in an online auction last Thursday. The deal was valued at 210 ETH tokens, or equal to US$653,000, in the auction. The house seller is Leslie Alessandra, a real estate investor and f...
UK market rebound amid ease in Russian-Ukraine tensions
February 16, 2022 02:19 AM AEDT| By Sreenivas D AjankarUK Market: The UK stock market rebounded from last session’s fall on Tuesday amid upbeat investor sentiments following the news that the Russian troops positioned on the Ukraine border will return to their bases after completing drills. The blu...
CleanTech IPO: When can you buy this lithium company’s stock on AIM?
February 16, 2022 02:15 AM AEDT| By Rishika RainaHighlights CleanTech Lithium is planning to go for an AIM listing and raise funds of around £6 million. The Chile-based company aims to use the process of direct lithium extraction (DLE) for producing battery-grade lithium. Chile-bas...
BTT, SHIB & XEC: Top 3 cheap cryptocurrencies with market cap over $1B
February 16, 2022 01:42 AM AEDT| By Ankit SethiHighlights Cheap cryptocurrencies may have their own lure, and a high market cap can add more sheen There are still many cryptos with billion-dollar-plus market capitalizations, but under US$1 per token price Solana, a cheap crypto at the star...
What makes Hedera (HBAR) crypto such a unique network?
February 16, 2022 12:27 AM AEDT| By Manu ShankarDeveloped by Dr Leemon Baird and Mance Harmon, Hedera (HBAR) is perhaps one of the unique enterprise-graded public networks, which allows individuals and enterprises to create unique decentralised applications (DApps). Operating on the proof-of-st...
What is LooksRare (LOOKS) NFT marketplace?
February 16, 2022 12:03 AM AEDT| By Manu ShankarLooksRare (LOOKS) is primarily a community-focused NFT marketplace that rewards traders and creators for participating on the platform. Powered by the Ethereum blockchain network, the LooksRare’s smart contracts allow users to access new feat...
Canada Emergencies Act: Cryptos come under ‘terrorist financing’ laws
February 15, 2022 09:54 PM AEDT| By Ankit SethiHighlights The Canadian government has now invoked emergency powers in a response to the protest by truckers The news has fueled speculations, and some elements being discussed on social media may be hearsay It is best to rely on official stat...
From Larry David to Lebron James, how celebs are hogging crypto limelight
February 15, 2022 09:29 PM AEDT| By Manu ShankarHighlights Latest celebrities to join the crypto bandwagon are Larry David and Lebron James. Leading crypto exchanges such as FTX, Coinbase, Crypto.com are involved in leading crypto commercials or stadium branding. The cryptocurrency worl...
What is Mina crypto? Know its price prediction
February 15, 2022 09:29 PM AEDT| By Raza NaqviThe price of Mina (MINA) cryptocurrency was up 17.1 per cent at the time of writing, and it was trading at US$ 2.79 per token. According to CoinMarketCap, MINA crypto's volume climbed 496 per cent in the last 24 hours to $155.9 million. The price ...
Is Ethereum poised for a comeback in 2022?
February 15, 2022 08:47 PM AEDT| By Daniel Paul JohnsHighlights Ethereum was one of the most impressive performers in 2021 with its price rising nearly 330% in the year. The fact that Ethereum is switching over to the much more environment-friendly PoS model is definitely a plus factor for the pl...
Axie Infinity rallies: What is AXS crypto’s price prediction?
February 15, 2022 08:15 PM AEDT| By Ankit SethiHighlights AXS and SLP, the two tokens of the same game, are trading below their all-time high prices. The Axie Infinity game and its Axie NFTs will likely need to shine in order to help AXS regain lost ground. AXS’s long-term price most...
Economies with record-breaking inflation
February 15, 2022 07:54 PM AEDT| By Toshiva JainHighlights The Consumer Price Index (CPI) for a large variety of goods and services across most countries is climbing faster than expected. The primary causes for such a high price level are the skyrocketing prices of oil and gas and supply-cha...
What Ukraine-Russia conflict could mean for Bitcoin
February 15, 2022 07:41 PM AEDT| By Daniel Paul JohnsHighlights One thing that the Ukraine-Russia conflict is testing is Bitcoin’s real-life usefulness as a decentralised, peer-to-peer system. Bitcoin has long been touted as a safe haven for investors to protect their capital against rising...
CoinSpot or Coinbase: Which crypto exchange is suitable for Australians?
February 15, 2022 05:40 PM AEDT| By Aditi SahaThe cryptocurrency market in Australia is gaining momentum with a greater number of investors looking to invest in the new asset class. However, for new investors, it may be difficult to choose the appropriate exchange as the number of available ex...
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4 popular crypto wallets among Kiwi crypto lovers
February 15, 2022 04:51 PM AEDT| By Jasmine AnandWith the astronomical growth in the popularity of cryptocurrencies, the need for crypto wallets is also on the rise so as to safely store one’s digital crypto assets and manage them with ease. Must Read: Best 20 cryptocurrency wallets worldw...
Crypto Catch: Coinbase SuperBowl ad crashes website, app
February 15, 2022 01:54 PM AEDT| By Daniel Paul JohnsHighlights Coinbase is under fire after its Super Bowl ad promised free cryptocurrency to the public Due to the excess traffic, Coinbase website was not able to handle the onslaught leading to some angry customers. Analysts say that the Ukrain...
Do cryptocurrencies impact economic growth?
February 15, 2022 01:42 PM AEDT| By Akanksha VashishtCryptocurrencies have been a part of several heated debates since their inception, with policymakers seeking regulatory action on digital asset. Though a largely unregulated territory, digital currencies have had exceptional success as an independent...
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US stocks plunge amid Ukraine fears; SU, MRNA among top losers
February 15, 2022 09:16 AM AEDT| By Versha JainBenchmark US indices were down for the second consecutive session on Monday, February 14, amid rising Russia-Ukraine tension and lingering fears over Fed’s possible interest rate hikes. The S&P 500 declined 0.38% to 4,401.65. The Dow Jones...
AI on the Rise: A Look at Top AI Companies and Their Stocks