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FTSE 100 retakes 7,200; Dow jumps 685 points, Moderna dives 16%
December 06, 2021 06:35 PM GMT| 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 06, 2021 01:52 PM GMT| 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 07:50 AM GMT| 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 01:42 AM GMT| 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 05, 2021 03:21 PM GMT| 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 05, 2021 03:14 PM GMT| 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.....
Bitcoin recoils 18% after slipping to $42,000
December 05, 2021 10:12 PM AEDT| By AbhijeetHighlights Bitcoin has turned extremely turbulent in the recent sessions The crypto-asset bounced back sharply to $49,699 on Sunday On Saturday, the cryptos encountered massive selling pressure Bitcoin has turned extremely turbulent.....
Can Omicron cause more damage than other COVID-19 variants? the latest findings
December 05, 2021 12:42 AM AEDT| By AshishOmicron is the latest buzzword worldwide after the World Health Organisation (WHO) recently flagged coronavirus strain B.1.1.529 (Omicron). Based on the preliminary evidence, scientists at the WHO are of the view that the people who previously cont.....
BitBoy’s Top 5 Altcoins to Watch in 2022
December 05, 2021 12:22 AM AEDT| By Daniel Paul JohnsCryptocurrency has become huge in the last couple of years with every Mandy and his uncle wanting to get on board the cryptocurrency train and make a fortune. However, one of the problems is that not many people know much about cryptocurrency and .....
Meet Australia's technology multi-millionaires under the age of 40
December 05, 2021 12:19 AM AEDT| By Aditi SahaThanks to technological advancements, Australia has risen to become one of the world's wealthiest countries. We can't imagine our lives in the 21st century without technology. Recently, the top 10 wealthiest people under the age of 40 have been an.....
5 tips for crypto investment rookies
December 05, 2021 12:14 AM AEDT| By Aditi SahaAre you a crypto novice with no prior experience in the field? Are you afraid to delve in the crypto world as your peers warned you about the risks and scams linked with crypto trading? Hold on! Don't be afraid. In the real world, many of us.....
Will crypto industry’s carbon offset save the climate?
December 04, 2021 04:11 PM AEDT| By Ankit SethiHighlights BitMEX, a crypto exchange, is looking to purchase carbon credits to become ‘carbon-neutral’ Carbon offsetting requires the polluter to strike a deal with someone who has carbon credits Such deals...
