News

Bitcoin Hits $60,000 for the first time since April
October 15, 2021 07:30 PM AEDT| By Manu ShankarHighlights Bitcoin breaks into the US $6000 for the first time in months. At the time of writing (BST 8.00 am), Bitcoin was currently trading at US $59,560.05 with a 24-hour trading volume of US $39,709,408,168. Bitcoin was up by 3.19% in the...

The Best Cryptocurrencies of 2021
October 15, 2021 07:03 PM AEDT| By Tom Murphy (Guest)Back when Bitcoin was created in 2009 as a response to the financial crisis, the world had gained a new asset class and its first digital currency. Several years later, thousands of cryptocurrencies are in existence, all with different specialties an...

United Wholesale Mortgage decides to stop accepting cryptos
October 15, 2021 05:44 PM AEDT| By AayushHighlights United Wholesale Mortgage has backtracked on its decision of accepting cryptocurrencies as a payment. The regulatory uncertainty and the current incremental cost forced the company to not continue accepting cryptocurrencies. The pil...
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Crypto Statistics 101: Did You Know That?
October 15, 2021 05:44 PM AEDT| By Tom Murphy (Guest)Whether or not you are a Bitcoin investor, you can always choose to be informed of the latest development in the crypto market. You might find yourself drawn into the investment opportunities offered by cryptocurrencies. Learn the latest statistics t...

How would NZX energy stocks help in driving down emissions?
October 15, 2021 01:02 PM AEDT| By Jasmine AnandLately, the NZ Government released its first emissions reduction plan to the public, to be on track with its commitment to go carbon neutral by 2050. James Shaw, NZ’s Climate Change Minister, revealed that the said plan would help the countr...

Crude oil grows on rising energy demand
October 15, 2021 12:56 PM AEDT| By Arpit VermaHighlights Crude oil prices climbed up on Thursday. The prices of crude oil are boosted by surging natural gas prices. OPEC+ decided to stick to its previous agreement to increase the output by 400,000 bpd per month. Crude oil prices clim...

US stocks close higher on strong earnings reports
October 15, 2021 09:04 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed higher on Thursday, October 14, boosted by strong quarterly results of major banks and upbeat economic data that helped alleviate investors’ concerns. The S&P 500 was up 1.71% to 4438.26. The Dow Jones rose 1.56...

Coinbase to launch NFT platform, here’s what to expect
October 15, 2021 02:36 AM AEDT| By Ankit SethiHighlights Coinbase has started a waitlist for users to give them access to its Coinbase NFT platform. The trading volume of the NFT market in the third quarter of 2021 was over a whopping US$10 billion. From Jack Dorsey’s first ...

Does the crypto market urgently need tougher regulations?
October 15, 2021 01:36 AM AEDT| By Manu ShankarHighlights Bank of England Deputy Governor Sir Jon Cunliffe has warned that the rate at which the market is exploding could create a financial meltdown unless the government steps forward with tougher regulations. The crypto assets have explode...

Is investing in altcoins better than Bitcoin?
October 15, 2021 12:35 AM AEDT| By Ankit SethiThe debate around Bitcoin versus altcoins is heating up. There is a reason why. Bitcoin may be the most popular and biggest headline-making crypto, but altcoins are giving investors unbelievable returns. Source: Pixabay.com The pandemic, which ...
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Bitcoin rally sees crypto market overtake Apple, Amazon
October 15, 2021 12:24 AM AEDT| By Manu ShankarA massive rally was seen in the cryptocurrency market when Bitcoin and other altcoins surged and overtook the world’s most valuable company Apple in terms of market capitalisation. Bitcoin’s rally ensured that the total market cap of th...

How high can Pendle crypto go following its latest rally?
October 14, 2021 10:24 PM AEDT| By Manu ShankarOnce after Pendle crypto posted a massive 110% rally on August 23, it has largely been sedating. In August itself, while the PENDLE did manage to go up to US $1.02, the crypto saw a price correction and largely hovered under US $1 mark. Having said...

Polkadot Crypto: Is DOT coin's performance better than Solana’s?
October 14, 2021 09:28 PM AEDT| By Raza NaqviHighlights At the time of writing, Polkadot crypto's price was up by 18.5 per cent in the last 24 hours. Polkadot is a user-driven governance system where all stakeholders have a voice. Polkadot started with an aim to enable a completely decen...
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Impact of climate change policies on housing market
October 14, 2021 08:09 PM AEDT| By AayushClimate change has become one of the most important concerns of humanity at the global level. According to the latest report, “The Impact of Climate Change on Housing and Housing Finance” by the Mortgage Bankers Association, Earth&rsquo...
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What is SFP Crypto? What is its price prediction?
October 14, 2021 07:02 PM AEDT| By Manu ShankarSafePal crypto (SFP) has enjoyed a bull-run off late. Ever since it announced to work with DreamQuest for its Dream Airdrop, the market has been abuzz with activities. The SFP crypto has slowly but surely consolidated after seeing a low of US $0.8...

Why UK job vacancies reached record highs despite cooling unemployment?
October 14, 2021 05:46 PM AEDT| By Suhita PoddarThe Office for the National Statistics (ONS) reported UK job vacancies touched a record high of nearly 1.2 million in September. The rise came as several sectors are facing staff shortages and are searching for workers to meet the shortfall. The s...

Is China’s loss in crypto mining space US’ gain?
October 14, 2021 03:48 PM AEDT| By Jasmine AnandWith the Chinese government declaring a blanket ban on all sorts of crypto activities in the country, its share of global Bitcoin mining has plummeted to almost zero. According to a research conducted by the Cambridge Bitcoin Electricity Consumpti...

IMF warns cryptos may destabilise financial system
October 14, 2021 02:29 PM AEDT| By AayushIn the latest edition of the Global Financial Stability report by the International Monetary Fund (IMF), it stated its concerns with respect to the widescale adoption of cryptocurrencies. It said there was a need to closely monitor the risks associ...

Should You Invest in Shiba Inu Coin?
October 14, 2021 02:08 PM AEDT| By Tom Murphy (Guest)Research may sound boring but reading up and doing your homework is one of the best ways to ensure that you avoid making a bad investment, whether it may be traditional investments or cryptocurrencies. When you look at the cryptocurrency marke...

Fed signals bond-purchase taper by mid-Nov as inflation worries weigh
October 14, 2021 12:53 PM AEDT| By Sanjeeb BaruahThe Federal Reserve signalled on Wednesday it could start withdrawing its covid-era stimulus support by mid-November as a growing number of its policymakers felt the bank has reached its economic goals and worried that inflation might stay longer. ...