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Can Dogecoin make millennials rich? How much would it be worth by 2030?
June 17, 2021 07:23 PM AEST| By Team Kalkine MediaSummary Dogecoin was launched in 2014 as a joke designed to satirise other cryptos. Dogecoin’s value and its correlation to celebrity tweets has triggered scepticism among experts. Today, the price of Dogecoin is around US$0.31 cents - a.....
Lens On Earnings Of 2 Industrial Stocks: Severfield Plc and Castings Plc
June 17, 2021 07:00 PM AEST| By Suhita PoddarSummary Severfield Plc reported an 11% rise in revenue for FY21 and recommended dividend of 2.9p per share. Castings Plc reported a 17.3% drop in annual revenue and dividend of 11.69p per share. Several FTSE-listed companies are announcing.....
FTSE 100 Set to Open in the Red Tracking Asian Peers and Eyeing US Fed Decision
June 17, 2021 05:25 PM AEST| By Suhita PoddarSummary The FTSE 100 set to open lower on Thursday tracking Asian equities after the US Fed sped up its interest rate hike timeline. FTSE futures were trading down by 1.50 per cent on Thursday early morning. The market is awaiting cues from Ma.....
Is Cardano better than Bitcoin?
June 17, 2021 01:33 PM AEST| By AayushSummary Cardano can be termed as a third-generation cryptocurrency, offering enhanced functionality. Cardano can handle at least 257 transactions a second compared to Bitcoin’s 5 transactions a second. The supply of Cardano is capped at .....
APAC shares in red after Fed signals rate hikes in 2023
June 17, 2021 12:43 PM AEST| By Furquan MoharkanThe equity markets in the Asia Pacific (APAC) region were trading in red on Thursday after the US Federal Reserve signalled at preponing the hike in interest rates to 2023. The move by the Fed has cut short the record run of the benchmark Australi.....
US Federal Reserve shifts its rate hike timeline to 2023
June 17, 2021 11:38 AM AEST| By Furquan MoharkanSummary The US Fed has raised the inflation expectations for this year. The central bank has brought forward the timeline for rate hikes. The Dow30 slipped in the red after the announcement. Raising the estimates for the inflation this ye.....
How Does The Quantity Theory of Money Serve Digital Currencies?
June 17, 2021 11:21 AM AEST| By Jack Bryan ( Guest)Cryptocurrencies have gained huge momentum over the past few months, following Bitcoin’s explosive rally, which closed in at $64,000 in mid-April. However, amid the rise of this speculative asset class is a volatile market, which has been pushi...
What is SafeMoon crypto?
June 17, 2021 09:04 AM AEST| By Team Kalkine MediaSummary SafeMoon is a cryptocurrency and costs only a few cents. It's cheaper than any other cryptocurrencies. SafeMoon charges 10% of its value as a fee from the seller. It has teamed up with the UK-based financial company Simplex for payment.....
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US stocks dip on Fed's rate-hike plan for 2023
June 17, 2021 08:10 AM AEST| By Sanjeeb BaruahBenchmark US indices closed lower on Wednesday, June 16, after the Federal Reserve signalled that it might consider increasing the interest rates in 2023 if the inflationary pressures do not ease. The S&P 500 was down 0.54% to 4,223.70. The Dow...
Federal Reserve Kept Interest Rate Unchanged; FTSE 100 up 0.17%
June 17, 2021 04:34 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 31.99 points or 0.75 per cent lower at 4,214.60, Dow Jones Industrial Average Index dipped by 314.18 points or 0.92 per cent lower at 33,985.1...
5,000% in 14 months! Can ethereum reach $50,000?
June 17, 2021 02:47 AM AEST| By AbhijeetSummary The euphoria around cryptocurrencies has grown invariably in last few years Ethereum hit a low of $86 during the global market crash during March 2020 On 12 May 2021, ethereum registered an all-time high of $4,372.72 per unit The .....
UK inflation soars to 2.1%, highest since July 2019
June 16, 2021 09:53 PM AEST| By Team Kalkine MediaSummary UK CPI-based inflation rate soared to 2.1% in May 2021 Sharp increase clearly portrayed the sudden spike in demand Clothing, meals and drinks, motor fuel contributed majorly to the upsurge The Consumer Prices Index (CPI) bas.....
What will Bitcoin be worth in 2025?
June 16, 2021 08:51 PM AEST| By Furquan MoharkanBack at the beginning of twentieth century, a gentleman named Joseph C Wilson started a company named Xerox Corporation in Rochester, New York, United States. The company gained expertise in manufacturing the photostat machines. Such was the impact o...
Will Dogecoin reach $5?
June 16, 2021 08:39 PM AEST| By Team Kalkine MediaSummary Dogecoin has been the most popular Altcoin since its inception. It has recently touched a high of US$0.64 on 8 May 2021, and investors started speculating new heights for it. Being a popular cryptocurrency, its inherent volatility is w.....
UK-Australia First Free Trade Agreement Post Brexit to Boost Boris Johnson’s Political Standing
June 16, 2021 08:35 PM AEST| By Kamalika GhoshSummary Australia and the UK signed the first free-trade agreement since Brexit. The deal would remove tariffs on swimwear, Hardy wines, Jacob’s Creek, and confectionery. It would also let people less than 35 years of age to work and liv.....
Ether vs Ethereum: What is the difference?
June 16, 2021 07:16 PM AEST| By Daniel Paul JohnsSummary Ethereum is a decentralised blockchain, within which Ether is the platform’s currency. Ethereum cannot be bought and sold, whereas Ether can be bought and sold. The difference between Bitcoin and Ethereum is, although both use blo.....
Crude oil rises 44% YTD, stoking up inflationary pressure
June 16, 2021 05:10 PM AEST| By Furquan MoharkanThe prices of brent crude have surged by 44% in the calendar year 2021, which has been adding to the inflationary pressure across the economy. Brent crude oil prices, as on date, stand at US$74.62 a barrel, compared with US$51.8 a barrel on close of...
Is virtual reality the future of eSports?
June 16, 2021 03:06 PM AEST| By Sonal SinhaSummary The eSports industry grew massively in 2020 as gaming became the main source of entertainment for people restricted to their homes during the pandemic. The global digital PC games market is likely to grow at a double-digit CAGR and cros.....
APAC markets mixed as Japan export data misses estimates
June 16, 2021 01:08 PM AEST| By Furquan MoharkanSummary APAC markets mixed ahead of the US Fed’s policy decision announcement. Japan’s export data for May has missed estimates. China is set to release retail sales numbers. The shares across the Asia Pacific (APAC) region we.....
When will COVID-19 be over?
June 16, 2021 12:50 PM AEST| By Furquan MoharkanIn January 2020, I had a bout of cold. As a precautionary measure I wore a mask to the office. It was before COVID-19 became the monster it is known as now. One of my colleagues joked: “do you have Corona?”. That day, the number of globa...
