News
Anonymous transfer of US$875-mn worth of Bitcoin raises questions
December 03, 2021 11:28 AM AEDT| By Versha JainA recent anonymously transfer of US$875 million worth of Bitcoins between two cryptocurrency wallets has raised disbelief and many questions. The incident has triggered various reactions from the crypto community. The case pertains to crypto whale.....
US stocks rise, lifted by financial, energy stocks
December 02, 2021 01:33 PM PST| By Versha JainBenchmark US indices closed higher on Thursday, December 2, as stocks across all sectors, including financial, energy, healthcare, and technology, moved higher after Omicron concerns waned. The S&P 500 rose 1.42% to 4,577.10. The Dow Jones surge...
What Are the best crypto apps in Australia?
December 03, 2021 07:00 AM AEDT| By Daniel Paul JohnsHighlights The Kraken app offers a crypto exchange that’s very good for beginners with its intuitive design. Coinbase has had a good year, becoming the first crypto exchange to get an IPO when it was listed on the NASDAQ in April Binance.....
FTSE 100 partly recovers; Dow recoils 1%, Nasdaq slides marginally
December 02, 2021 04:34 PM GMT| By AbhijeetUS Markets: The three major stock averages of the United States started on the positive footing on Thursday, with the Dow Industrials gaining more than 1% in the wee hours of trading, Nasdaq Composite and broader share barometer S&P 500 adding mo...
5 blue-chip FTSE 100 stocks rise 50-80% in 2021 as index manages 11% gain
December 02, 2021 03:24 PM GMT| By AbhijeetHIGHLIGHTS FTSE 100 stands with a YTD return of approximately 11% 5 blue-chip components of index have returned 50-80% in the meantime Chances of index breaching 7,500 in 2021 have decreased due renewed worries London equities have .....
Should you buy these 3 cheap stocks amid spread of Omicron?
December 02, 2021 10:35 AM GMT| By Rishika RainaHighlights Investors have an opportunity to buy cheap stocks as the market has started going downwards due to the fear of the new variant of the coronavirus, Omicron. The WHO has issued a warning that the Omicron variant could potentially chang.....
Times Studio blends cartoons and the crypto world for kids
December 02, 2021 07:40 PM AEDT| By Aditi SahaHighlights The cartoon universe is now preparing to embrace a modern outlook by employing non-fungible tokens. Times Studio will produce a new children's television show based on the NFT collection "Robotos." Pablo Stanley is the creator...
What is BAX crypto & why has it soared 6000%? Know its price prediction
December 02, 2021 07:37 PM AEDT| By Raza NaqviHighlights The one-day volume of the BAX cryptocurrency has skyrocketed by 6077 per cent to US$ 24.1 million. The BAX crypto is the native utility token of the BABB network, which is a London-based financial blockchain platform. Using in.....
Footwear giant Adidas steps into metaverse with Sandbox land deal
December 02, 2021 05:31 PM AEDT| By Aditi SahaHighlights Adidas has bought a plot of land on the Sandbox, a blockchain-based virtual universe. Sandbox has its cryptocurrency, SAND that gamers can use to purchase virtual space within this world as NFTs. Sandbox and Adidas' collaborat.....
What is Ripple’s Liquidity Hub all about?
December 02, 2021 04:52 PM AEDT| By Jasmine AnandHighlights Famous enterprise blockchain and crypto solutions provider Ripple has revealed a new crypto service, Liquidity Hub, for finance companies. This alpha product will allow its partner firms to offer trading options for cryptocurre.....
Bitcoin Advocate enthusiastic on decentralised economy
December 02, 2021 02:20 PM AEDT| By Daniel Paul JohnsA venture capitalist and early advocate for bitcoin has said he believes cryptocurrency is ushering in a new age of peace. Speaking to CoinDesk TV on Tuesday, billionaire Timothy Draper, said that blockchain-based technology would be irrefutably l.....
What is Tribe Crypto? Why is it unique?
December 02, 2021 01:16 PM AEDT| By Aditi SahaShiba Inu has proved how a crypto can rise with sheer support from its community, the SHIB Army. Shiba lives in their hearts, the driving force behind the coin's success. However, has a significant competitor to Shiba Inu arisen in the crypt.....
US indices close lower, weighed down by tech, financial stocks
December 01, 2021 01:32 PM PST| By Versha JainAll key benchmark US indices closed in the red on Wednesday, December 1, weighed down by technology, basic materials, and financial stocks amid mixed global cues. The S&P 500 was down 0.42% to 4,547.63. The Dow Jones declined 0.69% to 34,246.34....
1inch Network pops after new funding: Should you consider this token?
December 02, 2021 04:41 AM AEDT| By Versha JainHighlights 1inch Network is a decentralized exchange (DEX). 1inch Network closed its Series B US$175 million funding led by Amber Group. The token rose over 7% intraday after the news. The 1inch Network (1INCH) token gained strong t.....
FTSE 100 strengthens above 7,100; Dow, Nasdaq, S&P 500 gain over 1%
December 01, 2021 05:29 PM GMT| By AbhijeetUS Markets: Wall Street indices advanced sharply on Wednesday, 1 December, bouncing back from the previous session’s drop with the three major averages gaining more than 1% each following the positive macroeconomic data with ISM Manufacturing P...
Kollect (KOL) crypto up 60% on new synthesis system – worth exploring?
December 02, 2021 03:38 AM AEDT| By Versha JainKollect (KOL) jumped 60.25% on Wednesday at 7:00 am ET. The token price was US$0.329 at this gain. Why is it rising? Kollect introduced the synthesis system on November 30, and the token started rising after that. The synthesis system works to sy.....
Beowulf, Pendragon & Sound Energy shares fly high: Right time to buy?
December 01, 2021 01:26 PM GMT| By Nidhi GuptaHighlights Beowulf Mining completed the Kallak North Mining Study, which demonstrates Kallak mine’s potential to produce nearly 2.7 million tonnes per year of concentrate. Pendragon increased its underlying profit before tax guidance for .....
JD Sports (JD.), Kingfisher (KGF), Melrose (MRO): 3 FTSE stocks to buy
December 01, 2021 10:43 AM GMT| By Sreenivas D AjankarHighlights The UK stock market has turned volatile following reports of the rapid spread of a new variant of coronavirus, Omicron. In the current circumstances, any negative news regarding the new coronavirus variant might trigger a decli.....
Are we in a crypto bubble?
December 01, 2021 08:55 PM AEDT| By Daniel Paul JohnsSpeculation of a cryptocurrency bubble has been rife for much of the latter half of this year, with many experts – some with track records that can only be described as legendary - claiming the crypto space is nearing a point of maximum.....
What is MBOX crypto & why is it soaring? Know its price prediction
December 01, 2021 08:26 PM AEDT| By Raza NaqviThe MOBOX (MBOX) cryptocurrency soared to a record high on Wednesday, December 1, as it gained investors' attention due to the announcement that the network is launching its MOMOverse on Binance ecosystem. MOBOX is a gaming protocol on the blockch.....