News
As we enter 2022, know how Bitcoin compares with the US dollar
January 01, 2022 02:30 PM AEDT| By Ankit SethiThe year 2021 was a year dominated by cryptocurrencies, so much so that a few nations announced a ban on cryptos and a few hotly debated regulating their trade. Now, as we step into 2022, the crypto market will likely enter a new phase. This phase.....
Weekly roundup of FTSE 100 risers and fallers (December – 29-31)
January 01, 2022 12:19 AM GMT| By Sreenivas D AjankarFTSE 100 index closed in positive territory on a weekly basis. The market continued its Santa rally in the holiday truncated week and gained 0.58% during the week. Here we are giving the roundup of the top gainers and top losers of every day during t...
10 major changes in 2022 that will impact your finances
January 01, 2022 12:15 AM GMT| By Sreenivas D AjankarHighlights Some of the planned changes of 2022 would be positive for the UK residents, while some others may lead to additional burdens on household savings. From 30 September 2022, the Bank of England will withdraw the legal tender status of a.....
Top 4 AI & VR stocks of 2021
December 31, 2021 05:01 PM GMT| By Suhita PoddarHighlights AI, VR and other such innovative technologies are expected to grow in the coming years. The global and US AI market is estimated to touch US$ 175.63 Billion by 2028 The global augmented reality (AR), virtual reality (VR), and mixed .....
FTSE 100, despite a negative close, manages 14% gains for the year
December 31, 2021 04:22 PM GMT| By Sreenivas D AjankarUS Markets: The early morning trends in the futures signals a slightly negative opening for the US stock market. S&P 500 future was down by 4 points or 0.09% at 4,768, while the Dow Jones 30 futures was down by 0.15% or 52 points at 36,242. The t...
Crypto day trading: How to make profits in cryptos?
January 01, 2022 12:13 AM AEDT| By Ankit SethiHighlights In stocks, day trading is purchase and sale of share/s or other assets over a single day of trading Unlike the stock market, cryptocurrency market functions round the clock, all days of the year Crypto day trading, like othe.....
Top 3 events of London Stock Exchange in 2021
December 31, 2021 01:10 PM GMT| By Priya BhandariThe London Stock Exchange (LSE) is one of the oldest stock exchanges in the world, where it is the primary marketplace for securities based in London. The Financial Times Stock Exchange (FTSE100) Index is the dominating index of LSE that consist of.....
Why are people buying virtual real estate? Should you too?
December 31, 2021 10:26 PM AEDT| By Ankit SethiHighlights In 2021, parcels of virtual land on Decentraland and The Sandbox sold for millions of dollars each From Adidas to Nike to Paris Hilton, many have jumped onto the virtual real estate bandwagon These virtual assets have their ow.....
The top crypto gainers of 2021, and a couple of underperformers
December 31, 2021 10:13 PM AEDT| By Ankit SethiHighlights Year 2021 was first ruled by NFTs, and the last couple of months saw the rise of metaverse New blockchain networks also gained in 2021, especially because they threaten Ethereum’s dominance Bitcoin’s ups and downs .....
How is BetaShares Crypto ETF (ASX:CRYP) performing?
December 31, 2021 07:15 PM AEDT| By Aditi SahaHighlights On November 4, BetaShares, an Australian fund management firm, launched BetaShares Crypto ETF (ASX:CRYP) on the ASX. BetaShares has become one of Australia's most prominent fund managers, specialising in ASX-listed exchange traded fu.....
Would inflation take a breather in 2022?
December 31, 2021 07:45 AM GMT| By AayushThe COVID-19 pandemic has battered economies in many ways, loss of jobs and lives, the wreckage of the global supply chain, disrupted business conditions, etc. In order to get back on track and recover from battered economies, central banks across .....
Finance sector leads job recovery for Aussies
December 31, 2021 07:23 AM GMT| By Sukriti NairHighlights The last two years have changed the way economic sectors create jobs in Australia. While manufacturing jobs have fallen, finance, and health sectors have emerged as top job creators. The employment scenario in Australia se.....
Will crude oil continue its rally in 2022?
December 31, 2021 06:34 AM GMT| By Nitish KumarHighlights Crude oil demand outpaced supply in the year 2021. The EIA estimates global oil inventory to start building up in 2022, on the back of additional supply from the US and OPEC+. With a balance in demand and supply, crude oil pri.....
What is BTS's strategy for breaking into the crypto world?
December 31, 2021 03:54 PM AEDT| By Aditi SahaPopular Korean boy band BTS has stated that it will be moving forward with the NFT offerings keeping aside the huge criticism it has been receiving from across the world. As per a media report, the majority of the criticism concerns the impa.....
Crude oil rises further waning Omicron’s fear
December 31, 2021 03:38 AM GMT| By Arpit VermaHighlights Crude oil prices rose on Thursday. On Wednesday, the prices of crude oil reached their highest level since November. Crude oil prices made a significant rebound ranging from 50-60% in 2021. Crude oil prices rose further on Thur.....
Apple vs Meta
December 31, 2021 02:02 AM GMT| By Daniel Paul JohnsHighlights Apple have incentivised their top engineers in silicon design, hardware and software by offering them restricted stock units While Meta has nabbed some one hundred employees directly from Apple, Apple have also enticed several Meta e.....
Why is Yearn.finance (YFI) token rising?
December 31, 2021 10:36 AM AEDT| By Versha JainHighlights finance (YFI) token rose 0.99% at 4:17 pm ET on Thursday. Defi Saver, a dashboard for decentralized finance (DeFi) protocols announced the integration of Yearn.finance to its new saving dashboard. The token gained around 30% in one .....
Will Mars have a cryptocurrency? Here's what Elon Musk says
December 31, 2021 09:49 AM AEDT| By AshishTesla CEO Elon Musk has predicted that Mars could see transactions in cryptocurrency in the future, even as it would be a “localized thing”. Musk said it in a recent Lex Fridman Podcast when asked if Mars would need a different currency.....
US stocks retreat after jobless claims data
December 30, 2021 02:46 PM PST| By Versha JainBenchmark US indices closed in the red on Thursday, December 30, after the latest labor data showed the first-time unemployment benefits claims declined last week. The S&P 500 declined 0.30% to 4,778.73. The Dow Jones fell 0.25% to 36,398...
What is Internet Computer (ICP) coin? Check price, performance
December 31, 2021 06:26 AM AEDT| By Rupam RoyHighlights The ICP coin was up over 2% on Thursday, December 30. Its 90-day highest price was US$58.26. The coin touched an all-time high of US$750.73 on May 10, 2021. The Internet Computer (ICP) coin was in the limelight on Thursday afte.....