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What does Beefy Finance do & how to buy BIFI tokens?
Cryptocurrency

What does Beefy Finance do & how to buy BIFI tokens?

The price of Beefy Finance (BIFI) cryptocurrency has gone up about five per cent in the last 24 hours, and its fully diluted market cap had increased to $136.6 million at the time of writing. Beefy Finance ranked 380 and was priced at $1,711.28 pe...

How would inflation further affect sectors? 5 pointers to note
Economy

How would inflation further affect sectors? 5 pointers to note

The inflation rate of the UK surged unexpectedly to 5.4% in December up from November’s 5.1%, since its highest in 1992, enhancing pressure on the household sector and on the Bank of England to raise interest rate again. The sharp rise in inf...

What is JasmyCoin crypto? Can Jasmy ‘data lockers’ attract users?
Cryptocurrency

What is JasmyCoin crypto? Can Jasmy ‘data lockers’ attract users?

Highlights  Jasmy project aims to provide licensed access to personal data of users Businesses can use this data to promote their products and services in an efficient manner JasmyCoin is the linked token, and it peaked to US$4 in Februar...

What makes the SOS token popular among investors?
Cryptocurrency

What makes the SOS token popular among investors?

Highlights In December, the OpenDAO, a new decentralised autonomous organisation (DAO), started to give away free tokens to the users of OpenSea, the biggest NFT marketplace. According to OpenDAO's Twitter bio, an anonymous user, @9x9x9eth, is ...

What led to Grayscale Bitcoin Trust’s (GBTC) record-high discounts?
World News

What led to Grayscale Bitcoin Trust’s (GBTC) record-high discounts?

Highlights  Grayscale Bitcoin Trust, a popular crypto fund, has been witnessing steep discounts in the trading of its share. GBTC’s discount has reached 26.5%, the highest in the last 12 months. Some of the reasons for the same can ...

What is Syn City crypto? Is it a metaverse token?
Cryptocurrency

What is Syn City crypto? Is it a metaverse token?

Highlights  Syn City is a new entrant in metaverse gaming where AXS, MANA, and SAND are the leading players Syn City crypto project claims it is the first ‘mafia’ game with blockchain underpinning Syn City token, SYNR, is bein...

Could Bitcoin plummet below US$30,000 in 2022?
Cryptocurrency

Could Bitcoin plummet below US$30,000 in 2022?

Highlights Bitcoin's recent performance has sparked a debate about whether the cryptocurrency is truly losing its shine. Ethereum, the second largest cryptocurrency by market capitalisation, may soon dethrone Bitcoin. Bitcoin had a rough s...

Should investors be wary of North Korea's crypto crimes?
Cryptocurrency

Should investors be wary of North Korea's crypto crimes?

Highlights Some governments entered the crypto industry with nefarious motives, knowing the flaws. North Korea is the country responsible for laundering stolen assets from the cryptocurrency industry. North Korea utilise those funds to support...

US stocks edge lower as technology, financial sectors slip
Market Updates

US stocks edge lower as technology, financial sectors slip

Benchmark US indices drifted lower at the close on Wednesday, January 19, dragged down by losses in technology and financial sectors amid a choppy trading session. The S&P 500 was down 0.97% to 4,532.76. The Dow Jones fell 0.96% to 35,028.65. Th...

Top defense stocks to explore in 2022
Industrial Stocks

Top defense stocks to explore in 2022

Highlights Northrop Grumman Corporation (NYSE: NOC) stock gained 34.77% in 12 months. Raytheon Technologies Corporation (NYSE: RTX) expects fiscal 2021 sales of around US$64.5 billion. Lockheed Martin Corporation (NYSE: LMT) stock rose 10.26% ...

US housing starts rise 1.4% in December despite cost, supply troubles
Economy

US housing starts rise 1.4% in December despite cost, supply troubles

Highlights Supply problems and labor shortages have slowed down construction. The Commerce data showed housing starts increased by 1.4% to a seasonally adjusted 1.702 million units last month, the highest level since March. Housing starts fo...

Sony loses US$20 bn in market value after Microsoft-Activision deal
World News

Sony loses US$20 bn in market value after Microsoft-Activision deal

Highlights Sony and Microsoft are top competitors in the gaming industry. Microsoft’s big-ticket purchase is expected to unleash a fierce rivalry between the two. Microsoft’s Xbox console is a direct competitor to Sony’s Play...

Hedera (HBAR) crypto price skyrocketed 156% in a year; learn more
Cryptocurrency

Hedera (HBAR) crypto price skyrocketed 156% in a year; learn more

The Hedera (HBAR) crypto token gained traction on Wednesday, pushing its price up by over 2%. However, its 24-hour trading volume was down around 8% on Wednesday morning. What is Hedera (HBAR)? Hedera is one of the most used, stable, and enterpri...

Thousands of flights disrupted worldwide amid US 5G rollout
World News

Thousands of flights disrupted worldwide amid US 5G rollout

Highlights Experts said the new 5G networks use a radio segment close to the one used by radio altimeters in an aircraft to measure a flight's altitude, which helps pilots land in low visibility. The US Federal Communications Commission sets a...

SoFi Technologies (SOFI) gets nod to run as holding firm, stock rallies
Financial Stocks

SoFi Technologies (SOFI) gets nod to run as holding firm, stock rallies

Highlights SoFi Technologies (SOFI) received regulatory approval to operate as a bank holding company. The Office of the Comptroller of the Currency (OCC) and the Federal Reserve approved its application on Tuesday. SoFi revenue surged 35% YoY...

NSTS Bancorp IPO: All you need to know
IPO

NSTS Bancorp IPO: All you need to know

Highlights NSTS Bancorp sold 5.29 million shares of its common stock in the IPO. The IPO was priced at US$10 per share. CEO Stephen G. Lear said the stock debut would help make the company a "stronger banking franchise" while creating new ...

UK inflation surges to a 30-year high level: What to expect now?
Economy

UK inflation surges to a 30-year high level: What to expect now?

Consumer Price Index (CPI) inflation in the United Kingdom jumped to 5.4% in the final month of 2021. Britain’s inflation rate rose to the highest level in the last 30 years, as per the official figures released by the Office for National Sta...

Norton crypto mining services: All you need to know
Cryptocurrency

Norton crypto mining services: All you need to know

Highlights  Norton is a popular anti-virus that has recently launched a crypto mining feature For now, users can mine Ether crypto using Norton, but services can be broadened in future Ether is trading at subdued price level right now due...