Financial

Can Ethereum give Bitcoin a good run for money?
October 30, 2021 02:13 AM AEDT| By Manu ShankarHighlights Ether, following its Altair upgrade, registered its all-time high record of US$4,400 on 29 October. Ether gained as much as 3.5% to US $4,403.93, topping its previous all-time high of US $4,379.62 in May. As per CoinMark.....
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Will Floki crypto ads on London streets help its value go up?
October 30, 2021 01:24 AM AEDT| By Manu ShankarAfter raising a storm in the crypto market, it seems Floki is trying to attract more investors by putting up visual advertisements. London was taken by storm when advertisements of meme-based coin Floki appeared on its various transportation networ.....
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5 banking stocks that may get affected by economic meltdown in China
October 29, 2021 08:21 PM AEDT| By Rishika RainaHighlights British banks could be in jeopardy due to an economic meltdown in China, as per Bank for International Settlements data. China’s property sector is in shock after the crisis faced by property giant Evergrande, buried unde.....
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Why Scallop (SCLP) crypto is so unique for UK citizens
October 29, 2021 01:21 AM AEDT| By Manu ShankarThe Scallop crypto (SCLP), which is termed as first regulated decentralised finance (DeFi) neo-banking app in the world, went live on 28 October around BST 12 pm. The crypto is considered an excellent opportunity for the UK citizens and is all set .....

Why Shiba, Floki are more than just meme coins
October 29, 2021 12:41 AM AEDT| By Manu ShankarHighlights The recent rally of Dogecoin, Shiba Inu, Floki has taken the market by storm. Shiba Inu has registered one of the strongest rallies in recent times, and it is giving tough competition to even Dogecoin. Recently released .....
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Lloyds Q3 profits double: Is it the right time to buy the shares?
October 28, 2021 11:23 PM AEDT| By Suhita PoddarHighlights Banking major Lloyds Banking Group’s Q3 2021 statutory profit before tax jumped by 96 per cent to £2.0 billion, while its underlying profit rose by 88 per cent to £2.2 billion The improved Q3 2021 performance .....

Autumn Budget 2021: Which lenders can benefit from £4-bn city tax cut?
October 28, 2021 10:29 PM AEDT| By Rishika RainaHighlights Chancellor Rishi Sunak has announced a £4 billion City tax cut in his recent budget speech. The move is intended to provide support to smaller banks, so that they can compete with their larger rivals. Around £4 bil.....

Can 1INCH be the next breakout coin for investors?
October 28, 2021 08:28 PM AEDT| By Manu ShankarHighlights The 1inch Network, the decentralized exchange (DEX) aggregator, was among the biggest gainers in the crypto market following its listing on South Korean exchange Upbit. The 1inch Network allows users to find the most effi.....

Shiba Inu (SHIB) outpaces others, but will the rally continue?
October 28, 2021 03:11 AM AEDT| By Manu ShankarHighlights Shiba Inu has registered a massive rally and the meme-based coin hit another all-time high of US $0.00006249 with its overall market value breaching the US$24 billion mark The rally has allowed Shiba to climb to the 11th spot now, ju.....

Crypto flash crash: Is it time to panic?
October 28, 2021 02:00 AM AEDT| By Manu ShankarHIGHLIGHTS The market suffered a flash crash with the prices of leading cryptocurrencies like Bitcoin, Ethereum, registering significant losses due to the flash crash. At the time of writing (BST 1:30 pm), Bitcoin was trading at US $58,837.37, .....

Why is Kishu Inu crypto rising high?
October 27, 2021 08:14 PM AEDT| By Manu ShankarLaunched in April 2021, the Kishu Inu (KISHU) is another popular meme-based token that has taken the market by storm. Known as the brother of Dogecoin and HOKK's best friend, Kishu Inu is a community-focused, decentralized cryptocurrency, which off.....

What makes Koda crypto a unique option for investors?
October 27, 2021 12:02 AM AEDT| By Manu ShankarHighlights Koda Cryptocurrency (KODA) token is a trusted advanced cryptocurrency token. Promoted by SummitBC, the Koda cryptocurrencies will act as a native token on the SummitSwap. According to CoinMarketCap, the KODA was trading at US .....

5 stocks to buy as UK banks report huge profits in Q3 2021
October 26, 2021 11:53 PM AEDT| By Rishika RainaHighlights UK banks have reported huge profits in the third quarter, representing improvement in the economic outlook. Big lenders like HSBC and Barclays have performed better than the market expectations. Strong mortgage lending is a leading .....
Why Solana (SOL) crypto is a great investment option at present
October 26, 2021 07:24 PM AEDT| By Manu ShankarHighlights Solana is one of the strongest and the most consistent coins at present with steady gains in the intraday trading session. On Monday, Solana registered a new all-time high of US $218.73. At present, Solana is trading at US$207.....

Nigeria starts its CBDC journey with eNaira’s launch
October 26, 2021 01:43 AM AEDT| By Manu ShankarNigeria has rolled out its central bank digital currency (CBDC) – the eNaira on Monday. Scheduled to be launched on 1 October, the process was delayed due to implementation issues. According to the official document, the launch of the eNaira .....

HSBC (HSBA) & Lloyds (LLOY): Are these banking stocks worth holding?
October 25, 2021 10:37 PM AEDT| By Suhita PoddarUK banking stocks have started announcing earnings after US banks kicked off a strong earnings season earlier this month amid rising deal making and deposits. However, according to industry analysts, some British banks may have a slower release of.....

Can Musk’s tweet deter SHIB’s meteoric rise?
October 25, 2021 09:20 PM AEDT| By Manu ShankarShiba Inu (SHIBA) has been on a bull run. After seeing a rally of more than 500% since the start of October, the so-called DOGE-coin killer saw a retracement after Tesla owner Elon Musk had tweeted that he doesn’t own any of it. Shiba, whi.....
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What's driving CRV crypto to new highs?
October 23, 2021 02:22 AM AEDT| By Manu ShankarHighlights Launched in January 2020, Curve Dao (CRV) is a decentralised stablecoin exchange and is powered by the Ethereum blockchain. After the Curve Dao hit a purple patch registering impressive gains in the past 48 hours, the token grabb.....
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Binance’s tryst with trouble continues with latest BTC glitch
October 23, 2021 12:13 AM AEDT| By Manu ShankarHighlights Bitcoin prices dropped almost 90% in a flash crash due to Binance tech problem. Binance’s recent trouble was a bug in their trading algorithm. Binance has always been under the regulatory scanner in many countries. World&.....

Which UK lenders are offering best mortgage rates?
October 22, 2021 09:52 PM AEDT| By Rishika RainaHighlights Lenders to increase mortgage rates amid expectations of rising interest rates. Bank of England is expected to raise the interest rate from the historic low of 0.1% to 1% by next summer. Unlike mortgages on fixed rates, variable deal.....
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