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Cryptos in action
November 02, 2021 12:24 PM AEDT| By Daniel Paul JohnsSquid Scam After rising over 35,000 percent in just three days, Squid Game crypto’s developers say they’ve left the project after the price of its token crashed to nearly zero. SQUID was launched last Tuesday with a price of just US$.....
US indices gain on upbeat quarterly earnings, economic outlook
November 02, 2021 08:53 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed the first day of the month on Monday, Nov 1, with a buoyant note as stocks saw gains across all industry groups on upbeat quarterly earnings and economic outlook. The S&P 500 was up 0.18% to 4,613.67. The Dow Jones ro...
11 hot stocks to watch this week
November 02, 2021 06:34 AM AEDT| By Versha JainHighlights Energy companies are likely to be in focus this week as they present their quarterly results in the backdrop of rising fuel prices and limited supplies. Earnings of travel and ride-hailing companies would also be in focus as investor.....
Bakkt (BKKT), Bit Digital (BTBT) stocks tank as traders turn cautious
November 02, 2021 05:33 AM AEDT| By Ipsita SarkarHighlights Bakkt Holdings, Inc. (NASDAQ: BKKT) stock hit a 52-week record high of US$42.88 on Oct 29. Bakkt is expected to release its third-quarter earnings results on Nov 12 at 10 am ET. Bit Digital, Inc’s (NASDAQ: BTBT) crypto-mining .....
Pacific Gas (PCG) posts Q3 losses; ON Corp’s (ON) profit jumps 93%
November 02, 2021 04:31 AM AEDT| By Versha JainHighlights Pacific Gas & Electric Co. (NYSE: PCG) posted revenue of US$5.47 billion, up 12% YoY, in the third quarter of 2021. ON Semiconductor Corp’s (NASDAQ: ON) net income grew 93% YoY to US$309.7 million. PCG stock fell 8.5% YTD,.....
Why COP26 Summit is so crucial now
November 01, 2021 11:42 PM AEDT| By Priya BhandariThe COP26 stands for “conference of the parties” under the United Nations Framework Convention on Climate Change, and the summit aims to reach a consensus to implement the 2015 Paris Agreement, where 200 countries around the world agree.....
What is FB blockchain rival Project Liberty & how to buy its stock?
November 01, 2021 10:37 PM AEDT| By Raza NaqviAs blockchain technology becomes mainstream across the world, an American real estate mogul has decided to reinvent the foundations of the internet by using rapidly evolving technology. The American civic entrepreneur Frank McCourt is coming.....
What could trigger cryptos’ worst nightmare & what may it look like?
November 01, 2021 09:59 PM AEDT| By Ankit SethiBelieve it or not, we are in the midst of one of the biggest disruptions of the 21st century. And, believe it or not, one of the most powerful global currencies of today, the United States dollar, has been in existence for just over two centuries -.....
Storj: What is blockchain cloud storage crypto’s price prediction?
November 01, 2021 09:55 PM AEDT| By Ankit SethiThe decentralized peer-to-peer concept and technology is penetrating virtually every sector. If BitTorrent (BTT) is using decentralized tech in file sharing, and VeChain (VET) is using it to make supply chains more efficient, the Storj (STORJ) proj.....
Three ASX Crypto-Related Stocks for November 2021
November 01, 2021 09:28 PM AEDT| By Daniel Paul JohnsNews of BetaShares launching a crypto-focused Exchange traded fund (ETF) on the ASX this week, overcoming the exchange’s prior crypto reluctance has come as welcome news for many crypto enthusiasts. But what other remotely blockchain-r.....
Will the 'Squid Game' crypto eclipse Dogecoin and Shiba Inu craze?
November 01, 2021 09:05 PM AEDT| By Aditi SahaHighlights Since its inception on October 26, the mysterious 'Squid Game' coin has gained enormous momentum, skyrocketed in price, and attracted many followers. Squid is a "play-to-earn" cryptocurrency in which users buy tokens that grant them .....
Why these 5 NZX energy stocks can be considered before 2021 ends
November 01, 2021 06:44 PM AEDT| By SonalHighlights NZ will lower net emissions by 50% below gross 2005 levels by 2030. Meridian notified that the suspension of Potline 4 deal has been extended by 31 January 2022. Contact Energy announced plans to issue $200 million worth of green bo.....
Do crypto wallets like BitPrime work in NZ?
November 01, 2021 05:11 PM AEDT| By Jasmine AnandCryptocurrencies continue to sell like hotcakes and are not just about Bitcoin alone. Hundreds of other cryptos with distinct features have emerged and crypto investors are now investing their money in newer currencies like Doge, Ripple, Litecoin, .....
Where to travel as COVID-19 continues
November 01, 2021 03:36 PM AEDT| By Sukriti NairHighlights International tourism is seeing signs of a rebound. The uptick in new COVID-19 variant infections is worrisome. Vaccines and economic resilience are dividing the world into best and worst. The pandemic is far from over, and new.....
Crypto Daily News
November 01, 2021 01:59 PM AEDT| By Daniel Paul JohnsBitcoin News The South Korean police have arrested three people it claims orchestrated a major crypto fraud ring that told investors they could take advantage of the so-called “kimchi premium.” The kimchi premium phenomenon involves .....
Saudi Aramco records best quarterly since listing on higher oil prices
November 01, 2021 01:06 PM AEDT| By Arpit VermaHighlights Saudi Aramco has released its third quarter results ending 30 September 2021. The Company has recorded a net income of US$30.4 billion during the period. The huge profits of Aramco are underpinned by a rapid increase in the prices o.....
Australia’s First Crypto ETF to Launch on Thursday
November 01, 2021 12:59 PM AEDT| By Daniel Paul JohnsHighlights BetaShares Crypto Innovators ETF (ASX: CRYP), will be the first crypto-themed ETF and will be launched on the ASX this coming Thursday CRYP will aim to track the Bitwise Crypto Industry Innovators 30 Index before fees and expenses C.....
Seven stocks to explore amid treasury bond yield fears
October 31, 2021 06:48 PM AEDT| By Ipsita SarkarHighlights The rising US Treasury bond yield has spelled trouble for some stock segments. After touching over 1.6%, the 10-year yield retreated to below 1.55% this week. When inflation rises, bond prices fall, and the yield goes up. The U.....
Trump-era steel & aluminum tariffs on Europe set to end
October 31, 2021 05:58 PM AEDT| By Ankit SethiHighlights The US and Europe reach a deal to end tariffs and give the industry a breather Tariffs on steel and aluminium were imposed by former President Trump Europe had levied retaliatory tariffs on US goods like bourbon whiskey .....
G20 leaders support global minimum tax to curb tax avoidance
October 31, 2021 05:55 PM AEDT| By Ankit SethiG20 leaders, who are meeting in-person for the first time after the outbreak of the Covid pandemic, have endorsed the global minimum tax. 15% minimum levy This paves the way ahead for a minimum 15 per cent tax on companies. It is aimed at corpora.....
