News

Will the Wuhan-born coronavirus continue to impact our lives in 2022?
December 07, 2021 04:36 PM AEDT| By Kiara KhannaWhen will Covid-19 end? When will life come back to normal? Will we ever get rid of the masks and the fear that this pandemic has induced upon us in the last two years? There are numerable questions around coronavirus with no definite answer insight....

Iron Fish to provide hack-proof crypto transactions
December 07, 2021 04:34 PM AEDT| By Aditi SahaIt’s an ongoing debate whether cryptocurrencies will cease to exist after a few years. However, a plethora of ongoing initiatives in the crypto space indicate that crypto is here to stay and continue making strides. One such initiative.....

Aussie Crypto Exchange Users Furious After Liquidation, Bitcoin rebounds
December 07, 2021 01:34 PM AEDT| By Daniel Paul JohnsCustomers Left Short After Liquidation of Aussie Crypto Trading Platform Crypto trading customers have been left reeling after being left short thousands of dollars following the liquidation of a prominent Australian crypto trading platform. User.....

US markets rise, lifted by energy, industrial stocks
December 07, 2021 09:20 AM AEDT| By Versha JainBenchmark US indices closed higher on Monday, December 6, lifted by energy, industrial, and financial stocks as Omicron concerns faded. The S&P 500 surged 1.17% to 4,591.67. The Dow Jones rose 1.87% to 35,227.03. The NASDAQ Composite was up 0.93...

What is Polymath crypto (POLY)? How to buy this rising token?
December 07, 2021 07:43 AM AEDT| By Rupam RoyThe Ethereum-based Polymath token has been gaining traction in the market lately after gaining over 512% this year. What is Polymath? Polymath is a blockchain technology provider. It offers technology to create, issue, and manage security tokens .....

IRS crypto tax reporting rules: All you need to know?
December 07, 2021 05:38 AM AEDT| By Versha JainCryptocurrency income didn’t require disclosure before because there was no mandatory tax reporting rule. But now, it is going to change. The recently adopted infrastructure law that contains guidelines for the crypto industry requires broke.....

FTSE 100 retakes 7,200; Dow jumps 685 points, Moderna dives 16%
December 07, 2021 05:35 AM AEDT| By AbhijeetUS Markets: Staging a sharp comeback on Monday, the major stock averages of the Wall Street started in the positive territory with the Dow Industrials advancing more than 660 points, the broader S&P 500 gaining nearly 1% and Nasdaq Composite osci...

How FCA’s new IPO rules can impact dual-class share structures on LSE
December 07, 2021 12:52 AM AEDT| By Rishika RainaHighlights The FCA has introduced new listing rules to make the UK a global hub for IPOs. The new listing regime will help the UK to beat the US, which is currently the hotspot for the listing of UK firms. The FCA has confirmed that a ta.....

5 emerging blockchains that may become Ethereum killers in 2022
December 06, 2021 09:50 PM AEDT| By Ankit SethiThat blockchain is good but Bitcoin and altcoins are not so good is a separate debate. Even some staunchest critics of cryptocurrencies steer clear from writing the blockchain technology off. Overall, 2021 was a good year for cryptocurrencies. Des.....
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Does BitMart Exchange Heist Highlights the Need for Tighter Security?
December 06, 2021 09:22 PM AEDT| By Daniel Paul JohnsImage Source: © Stevanovicigor | Megapixl.com Another month another crypto hack. The latest heist in which hackers managed to find their way through crypto exchange, BitMart’s, security system a get away with close to...

Is Crypto Now Back To a Bear Market?
December 06, 2021 08:50 PM AEDT| By Daniel Paul JohnsThe recent cryptocurrency selloff, which resulted in billions of dollars being wiped off the total market capitalisation, has investors wondering: Is crypto now in a bear market? What Defines a Bear Market? While there’s no clear definitio.....

Australian fund manager makes a fortune by embarking on a 'crypto time machine'
December 06, 2021 08:47 PM AEDT| By Daniel Paul JohnsHighlights An Australian fund manager achieved 28,000% returns in less than two years. Richard Galvin is the founder of Digital Asset Capital Management (DACM), an investment firm based in Australia. For Australian investors, DACM recently int.....

What is Function X crypto? Know its price prediction
December 06, 2021 08:28 PM AEDT| By Raza NaqviAmid the falling prices of almost all the significant cryptocurrencies globally, the Function X crypto (FX) surged on Monday, December 6. In the last 24 hours, the FX coin expanded by 6 per cent, and it was trading at US$ 1 per token. At the.....

What is MetaVPad crypto? Know METAV price prediction & staking
December 06, 2021 07:01 PM AEDT| By Ankit SethiIf 2021 was about non-fungible tokens (NFTs) and their linked projects like Axie Infinity, 2022 may well be the year of metaverse coins. Metaverse is not all about blockchain or cryptocurrencies, but there seems to be a close link. Isn’t gam.....

5 most shorted FTSE stocks of 2021
December 06, 2021 06:50 PM AEDT| By Sreenivas D AjankarHighlights Market participants tend to short-sell those companies whose stock price is expected to fall due to multiple factors like low earnings and other external economic reasons. Short sellers pay charges to borrow shares of a specific comp.....

Why did Bitcoin's price see a downfall during the weekend?
December 06, 2021 04:58 PM AEDT| By Jasmine AnandHighlights The cryptocurrency market saw a decline when its largest digital currency Bitcoin's prices took a plunge overnight Saturday. Bitcoin witnessed a freefall of nearly 17% and tumbled to about US$43000 and subsequently went for a l.....

What happened to cryptos over the weekend?
December 06, 2021 02:43 PM AEDT| By Daniel Paul JohnsCrypto Weekend Bloodbath Bitcoin has bounced back slightly after plummeting over US$12,000 on Saturday. The price dropped from US$57,500 to US$45,000 on Saturday. This is the biggest dive since the mid-year crash where Bitcoin lost more than hal.....

Crude oil recovers as OPEC plans to reconsider its output if demand suffers
December 06, 2021 12:42 PM AEDT| By Arpit VermaHighlights Crude oil price recovers on Monday after settling a little higher on Friday. OPEC+ decided to stick to its original plan of gradually increasing the output. The cartel's next meeting is scheduled for 4 January 2022. Crude oil p.....

Macro-bound week to steer equities as Omicron worries stay
December 06, 2021 02:21 AM AEDT| By AbhijeetHighlights Equities have seen one of the most turbulent sessions in last days Macros are likely to steer the markets in week ending 10 Dec IBEX 35 of Spain has been the worst performer among the major peers Global equity markets have seen.....

Global hospitality businesses stare at losses as Omicron fears endure
December 06, 2021 02:14 AM AEDT| By AbhijeetHighlights Sharp resurgence of Covid cases in European countries has increased the uncertainty France has registered more than 50,000 fresh cases of Covid-19 on Saturday Covid-led cancellations and unwillingness of people has increased trouble.....
AI on the Rise: A Look at Top AI Companies and Their Stocks