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US stocks rally after Fed's tapering decision
December 15, 2021 01:30 PM PST| By Rupam RoyBenchmark US indices edged higher on Wednesday, December 15, after Federal Reserve has approved plans to accelerate the winding down of its asset-buying program. Meanwhile, the move to curb inflation paved a way for hikes in interest rates through ne...
Why is Avalanche (AVAX) surging as the crypto market sinks?
December 16, 2021 03:49 AM AEDT| By Versha JainIn the unsteady crypto market, Avalanche is up today. The AVAX price surged more than 10% in the last 24 hours and traded at US$89.58 at 8:25 am ET, Wednesday, December 15, against an overall downward trend in the crypto market. AVAX is .....
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FTSE 100 slips below 7,200; Wall Street hovers in red
December 15, 2021 04:16 PM GMT| By AbhijeetUS Markets: All the three major stock averages of the United States started in the negative region on Wednesday, 15 December, with the tech heavy market index Nasdaq Composite leading the losses as Omicron fears escalated with the healthcare authorit...
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What are the prospects for renewable stocks in 2022?
December 15, 2021 02:24 PM GMT| By Rishika RainaAs the world is moving away from fossil fuels and shifting towards alternative sources of energy, the renewable energy industry is gaining a lot of attention globally. With ambitious net zero goals, the UK is among the global climate leaders taking.....
Innovative Eyewear IPO: Can you buy shares of this Tekcapitals’ US unit?
December 15, 2021 02:02 PM GMT| By Rishika RainaHighlights Tekcapital plc has announced that a US subsidiary of its portfolio company Lucyd Ltd, called Innovative Eyewear Inc., is planning to go public. Tekcapital owns 100% of Lucyd’s and around 80% of Innovative Eyewear’s .....
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Are these 2 FTSE forecourt operators stocks a buy?
December 15, 2021 12:10 PM GMT| By Suhita PoddarHighlights The UK’s November consumer price inflation rose to 5.1 per cent, the highest in 10 years, as per ONS. November’s sharp inflation rate increase was driven by several factors, but mainly due to record high petrol pric.....
Five popular careers in the crypto space
December 15, 2021 10:02 PM AEDT| By Daniel Paul JohnsHighlights A blockchain developer is responsible for creating and optimising blockchains A blockchain product manager is responsible for developing and optimising blockchain-based products Software engineers develop and maintain the applicatio.....
Ethereum’s Difficulty Bomb Diffused
December 15, 2021 09:58 PM AEDT| By Daniel Paul JohnsHighlights The Difficulty Bomb refers to the increasing rate of time required to mine a new block on the Ethereum blockchain Because proof-of-work mining model requires strong computing power to release crypto coins, that makes it a heavy.....
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Which Sectors Will Benefit If UK Brings Back Furlough Scheme?
December 15, 2021 10:37 AM GMT| By Rishika RainaHighlights The IMF has said that programmes like the Furlough Scheme would be reintroduced by the UK if tighter restrictions hit the economy again. Around 1.3 million people would benefit from the scheme at a monthly cost of £0.8 bi.....
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Keep an eye on these NASDAQ stocks in 2022
December 15, 2021 10:29 AM GMT| By AayushHighlights The MSCI World Index has delivered a return of 22.31% for the one-year period ending 30 November 2021. A 40-year high inflation in the US and the emergence of the Omicron variant are concerns for investors. ABNB, DDOG, HRMY, etc., a.....
Would Bitcoin make a comeback from lean patch?
December 15, 2021 06:37 PM AEDT| By Jasmine AnandHighlights Bitcoin has been seeing a continuous plunge in its prices for almost five consecutive weeks. While some analysts believe that this is the beginning of the downfall of the largest crypto across the world, others believe that Bitcoin w.....
Crypto Catch: Bank of England says bitcoin potentially “worthless”
December 15, 2021 02:47 PM AEDT| By Daniel Paul JohnsHighlights Bitcoin had a positive 24 hours after a drop of around seven percent yesterday Dogecoin, has jumped more than twenty percent in the past 24 hours The Bank of England has provided a scathing assessment of Bitcoin, warning that th.....
Crude oil dips on strong dollar and oversupply concerns
December 15, 2021 01:55 AM GMT| By Arpit VermaHighlights Crude oil price tumbled on Tuesday. Producer prices reached 11-year highs on Tuesday. Governments across the globe are trying hard to put restrictions to curb the spread of the Omicron variant. Crude oil prices tumbled to nearl.....
3 global metaverse stocks to look at in 2022
December 15, 2021 12:14 PM AEDT| By AshishThe metaverse, a virtual reality-powered version of the internet, is the new buzzword in the internet technology space all across the globe. The virtual space within digital environments, including online games and social media, is being seen .....
Bitcoin holders risk losing ‘everything’, Bank of England warns
December 15, 2021 10:13 AM AEDT| By AshishWhile Bitcoin has only been around for just over a decade, it has already garnered a reputation as an investment craze. The exchanges across the world say that the average age of investors has fallen even as their investments have gone up – c.....
Apple hits US$3 Trillion milestone; US stocks slip on a consecutive day
December 14, 2021 01:09 PM PST| By Versha JainBenchmark US indices continued retreating on Tuesday, December 14, ahead of Federal Reserve’s policy decision on Wednesday after a two-day meeting. The central bank is expected to wind down the bond purchase faster than anticipated next year.&n...
What is Decentralized Social crypto? DeSo coin hits all-time high
December 15, 2021 03:39 AM AEDT| By Rupam RoyThe year 2021 has witnessed a rally of digital currencies. While various cryptocurrencies have reached their record highs, many have debuted in the market after initial coin offerings. Investors also cheered on cryptos for the returns the digital c.....
FTSE 100 falls sharply as Wall Street opens in red, Nasdaq dips 1%
December 14, 2021 03:51 PM GMT| By AbhijeetUS Markets: Wall Street opened on a negative note on Tuesday, 14 December, as investors continue to tip-toe the markets ahead of the US Federal Reserve’s final policy decision of the present calendar year. Among the major stock averages, the te...
25 Canadians who are influencing crypto space big time
December 15, 2021 01:08 AM AEDT| By Raza NaqviBlockchain technology and cryptocurrencies are increasingly becoming mainstream across the world. In 2021, Bitcoin crossed the 60,000 dollar mark and the market cap of the cryptocurrency industry is over US$ 2 trillion. As the industry is expecte.....
20 Canadians who are influencing crypto space big time
December 15, 2021 01:08 AM AEDT| By Raza NaqviBlockchain technology and cryptocurrencies are increasingly becoming mainstream across the world. In 2021, Bitcoin crossed the 60,000 dollar mark and the market cap of the cryptocurrency industry is over US$ 2 trillion. As the industry is expecte.....
