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This Aussie fund manager is in news for clocking mind-boggling returns
December 09, 2021 04:11 PM AEDT| By Aditi SahaHighlights An Australian fund manager has 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.....
How is Bitcoin’s price moving mid-week?
December 09, 2021 04:08 PM AEDT| By Jasmine AnandHighlights Bitcoin remained steady over mid-week as the world’s major crypto leaders testified before US lawmakers regarding various crypto products and services. It continues to be around the US$50,000 mark with slight ups and downs. Th.....
Can Bitcoin bounce back to US$60,000 by end of 2021?
December 09, 2021 03:56 PM AEDT| By Aditi SahaIs Bitcoin, the "grandfather" of all cryptocurrencies, growing old? Has Bitcoin lost its ability to withstand the storm of unforeseen events? It's the burning question on everyone's mind right now. Recently, when Omicron fears invaded the markets,.....
Crypto Catch: Australia to begin supervising crypto transactions
December 09, 2021 02:22 PM AEDT| By Daniel Paul JohnsAustralian Crypto News The Australian government is gearing up to update legislation governing payments in the largest economic reform in over two decades. The changes will relate to the regulation surrounding payment processors in the online spac.....
Will Australia issue a digital currency? Here’s what RBA says
December 09, 2021 11:39 AM AEDT| By AshishHighlights Reserve Bank of Australia (RBA) Governor Philip Lowe ruled out any strong need for a central-bank digital currency. However, Lowe cautiously welcomed the possibility of creation of central-bank digital currency. Lowe said that Austr.....
This crypto coin rose over 15,000% in last one year
December 09, 2021 10:05 AM AEDT| By AshishTerraform Lab’s Luna crypto coin is currently one of the 10 largest cryptocurrencies by market capitalisation (m-cap). Despite the cryptocurrency market witnessing a sell-off recently, which saw prices of major coins such as Bitcoin falling, .....
US stocks close in green for second day straight
December 08, 2021 02:08 PM PST| By Rupam RoyBenchmark US indices closed higher on Wednesday, December 8, after the latest economic data showed job openings increased in October, but labor shortage continued. The S&P 500 was up 0.31% to 4,701.20. The Dow Jones rose 0.10% to 35,754.75. The...
Will Ethereum (ETH) price hit US$5,000 before Christmas?
December 09, 2021 04:03 AM AEDT| By Rupam RoyEthereum (ETH) is the second-largest cryptocurrency after Bitcoin (BTC) based on market capitalization. On Wednesday morning, Ethereum (ETH) traded at around US$4,294, while Bitcoin (BTC) traded at around US$49,069. Analysts forecast Ethereum (ETH.....
FTSE 100 flips, then slips; Wall Street turns directionless at open
December 08, 2021 04:44 PM GMT| By AbhijeetUS Markets: Wall Street started on a muted note on Wednesday, 8 December, as the leading stock averages took a breather from the back-to-back sessions of sharp up moves with the wider share barometer S&P 500 nearing the record highs, Dow Industri...
World News in Brief: From Ukraine crisis, Beijing Olympics to Omicron
December 08, 2021 02:08 PM GMT| By Team Kalkine MediaUS-Russia talks on Ukraine US President Joe Biden held a two-hour virtual meeting with his Russian counterpart Vladimir Putin to discuss Ukraine. Russia’s troop deployment on its border with Ukraine has raised tension. The US intelligence comm...
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Porsche IPO: When to expect the listing of this Volkswagen brand?
December 08, 2021 01:36 PM GMT| By Rishika RainaHighlights Volkswagen is said to be planning its luxury sports car brand, Porsche, listed on the stock market, to raise capital for its transition to EVs. Porsche SE is the largest shareholder of the Volkswagen Group, and it is controlled.....
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Will the stock markets see Santa Claus rally this month?
December 08, 2021 01:09 PM GMT| By Priya BhandariHIghlights A Santa Claus Rally refers to positive surge in the stock market in the last few weeks of December until the first two trading days in January. But this year might see the same trend as the fear of Omicron virus is increasing a.....
Is Australia planning to release its own digital currency?
December 08, 2021 09:42 PM AEDT| By Daniel Paul JohnsHighlights Australian Treasurer, Josh Frydenberg, will talk about potential reforms that will be made to the Australian economy, pertaining to cryptocurrency The Treasurer will talk about the ambiguity that regulation and taxation of the crypto.....
IDEX crypto jumps 60% post Coinbase listing
December 08, 2021 08:16 PM AEDT| By Sukriti NairCrypto market seems to be enjoying a rebound, the ‘Coinbase effect’ after several cryptocurrencies listed on the American crypto exchange. COVAL, IDEX, MCO2, POLS, FOX, SPELL, and SUPER, listed on Coinbase on Monday and began trading si.....
Smooth Love Potion crypto rising: How to buy SLP?
December 08, 2021 06:58 PM AEDT| By Raza NaqviHighlights The SLP crypto is available on Axie Infinity, and it can be earned as a reward by playing the game. The SLP tokens have become increasingly popular and are now available on major cryptocurrency exchanges. Notably, SLP to.....
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Top investing lessons of 2021
December 08, 2021 06:39 AM GMT| By Sreenivas D Ajankar2021 can be considered a revival year for the global and domestic stock markets following a significant downfall in 2020. The Covid-19 pandemic and multiple lockdowns adversely impacted the economy, which resulted in a sharp decline in the stock ma.....
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Why did Cardano soar after SundaeSwap’s testnet launch?
December 08, 2021 05:13 PM AEDT| By Jasmine AnandSundaeSwap, a decentralised exchange on Cardano, has recently launched Cardano’s public testnet, a highly anticipated event in the cryptocurrency market. Related Read: Why is Cardano in news amid falling prices of cryptocurrencies? Source.....
Tezos improves on energy use: What is XTZ coin price prediction?
December 08, 2021 05:04 PM AEDT| By Ankit SethiThat cryptos consume a lot of energy was the theme which dominated 2021. Bitcoin, the largest crypto, was caught in the eye of the storm and lost value after its high power consumption was called out. In this light, a report on energy consumption .....
Crude oil climbs up further as Omicron fear retreats
December 08, 2021 02:26 AM GMT| By Arpit VermaHighlights Crude oil price climbs nearly 3% on Tuesday. Crude oil prices tumbled during the last week. Saudi Arabia increased the selling price of all crude grades from Sunday. Crude oil price rises nearly 3% on Tuesday, extending the pre.....
Australian Treasurer Announces Crypto Reform Plan
December 08, 2021 12:58 PM AEDT| By Daniel Paul JohnsAustralian Crypto Reforms Australia will be at the front of the pack when it comes to cryptocurrency, according to Australian Treasurer Josh Frydenberg, who has announced a payment and cryptocurrency asset "reform plan". Australian Treasurer An.....
