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Arweave never forgets – What is Arweave crypto?
August 17, 2021 02:22 PM AEST| By Daniel Paul JohnsOne of the key components of blockchain technology is its ability to undergo metamorphosis and adaptation to expand upon its current capabilities and bring new features to a variety of blockchain platforms. Source: © Iuriimotov | Megapixl.c.....
US stocks trade flat on gloomy Chinese economic data
August 17, 2021 07:59 AM AEST| By Sanjeeb BaruahBenchmark US indices traded near flat on Monday, August 17, after the latest Chinese economic data showed the country’s recovery rate in July was way below economists’ expectations. The grim outlook triggered investors’ concerns abo...
Crypto market holds fort after riding into US$2tr cap as Bitcoin leads
August 17, 2021 05:22 AM AEST| By Team Kalkine MediaIn April 2021, the global cryptocurrency market hit the US$2 trillion mark for the first time before pulling back in the subsequent period. But it retook the US$2 trillion market crown on August 11 at 10.45 am ET as Bitcoin prices surged, which con.....
British & US Equities Traded Lower Due to the Disappointing Chinese Data
August 17, 2021 04:13 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 16.80 points or 0.38 per cent lower at 4,451.20, Dow Jones Industrial Average Index dipped by 81.87 points or 0.23 per cent lower at 35,433.51...
FTSE 100 trades lower impacted by slowdown in China
August 17, 2021 01:03 AM AEST| By Suhita PoddarHighlights FTSE 100 was in red after China’s industrial production and retail sales data missed the analyst forecast. China’s Industrial production grew by 6.4% in July, much below the analysts forecast of 7.8%. FTSE .....
The Very Group’s IPO: Owners select UBS, Barclays, and Morgan Stanley as the book-runners
August 16, 2021 11:58 PM AEST| By Suhita PoddarHighlights The Barclay brothers, owners of The Very Group, appointed UBS, Barclays, and Morgan Stanley investments banks for coordinating and managing the IPO. The Very Group is all set to make its debut in the London Stock Exchange in 20.....
What is greenwashing?
August 16, 2021 11:24 PM AEST| By Kamalika GhoshThe Boris Johnson government has announced that it would go for a review on how energy retailers are marketing ‘green’ electricity tariffs to consumers amid growing concerns that many companies are exaggerating how ecofriendly their pro.....
How does Justin Sun crypto, Sun crypto, work?
August 16, 2021 09:22 PM AEST| By Daniel Paul JohnsProof-of-stake consensus platforms have become increasingly popular in 2021 following the revelation earlier this year that proof-of-work crypto mining uses excessive amounts of energy. SUN is one such crypto that operates on the popular TRON netw.....
India’s largest private lender to raise US$1 billion in foreign bonds
August 16, 2021 06:26 PM AEST| By Furquan MoharkanIndia’s largest private lender HDFC Bank will be raising US$1 billion through bond issue in the foreign markets, it informed the country’s exchanges. The bank is planning to raise money through additional tier- 1 (AT1) bonds in the overs...
To Infinity and Beyond! Why Axie Infinity has made blockbuster gains this month
August 16, 2021 06:08 PM AEST| By Daniel Paul JohnsHighlights The astonishing rise of Axie Infinity, which has seen it gain nearly 2000%, in just a few months, has caught the attention of the crypto exchange, Coinbase. A non-fungible token (NFT) is a digital collectable, and in the case of Axie.....
88 Energy, Volex and Informa: Why these 3 FTSE stocks are trending today?
August 16, 2021 05:38 PM AEST| By Kamalika GhoshHighlights 88 Energy’s profits stood at AUD445,446 in H1 2021 compared to AUD4.020 million loss in H1 ended 30 June 2020. Informa posted strong revenues of £688.9 million in H1 2021, as against £814.4 million in same per.....
Chinese data dampens mood in APAC markets
August 16, 2021 04:22 PM AEST| By Furquan MoharkanThe bleak economic data coming in from China has managed to spook investors away from equity markets in the Asia Pacific (APAC) region. The region’s most powerful economy’s industrial production grew 6.4% in the month of July – fal...
COVID-19: Which countries are winning the vaccination race?
August 16, 2021 01:05 PM AEST| By Furquan MoharkanAs COVID-19 continues unabated, wreaking havoc in the economies across the globe, the need for vaccinating population against the virus is increasing with every passing day. The pandemic has infected 207.95 million people till now, of which 4.37 mil...
Taliban take control of Kabul as president flees
August 16, 2021 11:02 AM AEST| By Furquan MoharkanThe Afghanistan government led by President Ashraf Ghani has almost collapsed as Taliban insurgents have taken over the presidential palace in Kabul – a move that would have ramifications across the borders of Afghanistan. The insurgents took...
Which is the best cryptocurrency you can invest right now?
August 15, 2021 02:53 PM AEST| By Kamalika GhoshHighlights Cryptocurrencies are decentralised virtual currencies based on blockchain technology. A drop in prices of the cryptocurrencies offers a smart buying opportunity for investors. What cryptocurrency you should choose will depend on a r.....
Rainforest, lungs of the world, aren’t soaking enough CO2, NASA finds
August 15, 2021 01:25 PM AEST| By Team Kalkine MediaHighlights Tropical forests absorbed four times more carbon dioxide than temperate and boreal regions, but their capacity has declined, NASA study shows. Information on where and how plants absorb or emit carbon is critical to monitoring how th.....
What is CTSI crypto? How much is it worth?
August 15, 2021 12:35 AM AEST| By Team Kalkine MediaHighlights CTSI crypto coins help developers create a public blockchain that supports smart contracts. The CTSI Foundation is responsible for the platform's ecosystem; the Cartesi network. CTSI Coin can be bought by exchanging stable coins lik.....
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Cardano & Ethereum: Why were these crypto coins in limelight Friday?
August 14, 2021 11:18 AM AEST| By Team Kalkine MediaHighlights Cardano’s native token soared by 17.25 percent to US$2 at 12.04 pm ET on Friday after the developer announced a timeline for its upgrade. Nigel Hemsley, Cardano’s head of delivery, announced the release date of Alonzo Pur.....
Dow, S&P 500 see record close on positive economic outlook
August 14, 2021 10:44 AM AEST| By Sanjeeb BaruahThe Dow Jones Industrial Average and the S&P 500 closed the week at record highs on Friday, August 13, after better-than-expected quarterly results of some companies this week turbocharged the investors to bet on risky assets or slow-moving econo...
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Weekly roundup of FTSE 100 risers and fallers (09-13 August)
August 14, 2021 09:28 AM AEST| By Kamalika GhoshFTSE 100 closed with good gain for the week ended 13 August, reaching the 52-week high. Here we are giving the roundup of gainers and losers of every day during the passing week. 9 August 2021: Top riser: SSE Plc (LON: SSE): Shares of the electr...
