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News
Uncertainty around economic recovery deepens amidst the global supply chain crisis
October 03, 2021 05:00 PM AEDT| By Anam SiddiquiHighlights The rise in demand in the past couple of months has resulted in a global supply chain crisis. The demand for energy, goods, labour and transportation has surged significantly across several economies. The energy crisis h...
Is Australia on track to accomplish its 2030 Emissions Reduction Target?
October 03, 2021 12:32 AM AEST| By ManishaAddressing the global issue of climate change, Australia had pledged to reduce its greenhouse gas emissions to about 26% down 2005 levels by the year 2030 at the Paris climate change conference in December 2015. The government has been taking seve...
10 little known cryptocurrencies investors must explore
October 02, 2021 12:43 PM AEST| By Ankit SethiDid you know about Bitcoin and Ether before they started giving investors exponential returns? And Dogecoin or Shibu Inu? We may never know which blockchain-powered crypto will become the favorite investment destination in near future. This is why...
Top 10 crypto exchanges to explore as digital coins gain popularity
October 02, 2021 10:26 AM AEST| By Ipsita SarkarHighlights The global crypto market has more than 12,200 cryptocurrencies. In addition, there are over 400 crypto exchanges globally, according to coingecko.com. Some crypto exchanges have low fees or do not charge money for trading. The ...
US markets close higher as tech, energy stocks gain
October 02, 2021 07:02 AM AEST| By Sanjeeb BaruahBenchmark US indices edged higher on Friday, October 1, after technology, energy, and communication stocks registered handsome gains lifted by positive economic data. The S&P 500 was up 1.15% to 4,357.04. The Dow Jones gained 1.43% to 34,326.46....
Meme stocks GameStop (GME), AMC (AMC) attract investors’ interest
October 02, 2021 04:50 AM AEST| By Ipsita SarkarHighlights The GameStop Corporation (NYSE: GME) stock increased by 917.22 percent YTD. AMC Entertainment Holdings, Inc. (NYSE: AMC) stock grew by 1793.53% YTD. GME’s net sales were US$1.18 billion in Q2, FY21. Stocks of GameStop Cor...
3 reasons why Bitcoin is going down at any point in time
October 02, 2021 02:55 AM AEST| By Ankit SethiHighlights Bitcoin’s rise or fall can have a major impact on the entire cryptocurrency market One of the key reasons behind Bitcoin’s price fall can be profit booking by some investors The other reason can be regulatory crackdown o...
One-third Britons still naive to cryptocurrencies: Survey
October 02, 2021 12:43 AM AEST| By Manu ShankarHighlights According to a new survey, approximately 64% Britons don’t consider cryptocurrencies as a safe bet for investments, while approximately 29% had no clue what cryptocurrencies were. According to Google, from UK alone it received ...
UK Manufacturing PMI indicates slowest growth since February 2020
October 02, 2021 12:00 AM AEST| By AbhijeetHighlights UK manufacturing sector witnessed the slowest growth rate since February of 2021 Growth slowed due to dismal pace in consumer and intermediary products Manufacturers are also struggling to recruit appropriately skilled workfor...
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Can CryptoZoo (ZOO) touch $1 by end of 2021?
October 01, 2021 11:00 PM AEST| By Manu ShankarHighlights CryptoZoo is a Binance Smart Chain NFT project launched by YouTuber Logan Paul. With Cryptozoo, the holders can breed, collect, and trade exotic hybrid animals as NFTs. According to CoinMarketCap, the ZOO is trading at US $0.0...
Mt Gox. insolvency: Can UK investors be Bitcoin millionaires overnight?
October 01, 2021 09:16 PM AEST| By Manu ShankarHighlights Japan-based Mt. Gox was at one point world’s largest Bitcoin exchange deal with 70% of global transactions. As the bankruptcy case in Japan comes to an end after years of battle, investors would see approximately US $6 billion ...
Optus parent Singtel sells 70% stake in tower business raising A$1.9B
October 01, 2021 08:42 PM AEST| By Priyanka PayalHighlights Singtel, the parent company of Optus divested a 70% ownership in its Australian tower network (ATN) to AustralianSuper for AU$1.9 billion. Optus tower auctions would certainly provide funds to the Company for a 5G rollout. For m...
Is SYA token for short term or for keeps?
October 01, 2021 07:37 PM AEST| By Manu ShankarHighlights The Save Your Assets (SYA) crypto is a decentralised finance (DeFi) experiment and is a new type of deflationary currency, which is used for autonomous yield and liquidity generation. SYA is the underlying currency of the Flooz...
Why these 11 nations do not tax Bitcoin gains
October 01, 2021 07:00 PM AEST| By Jasmine AnandHighlights Many countries nowadays are implementing friendly legislations to attract crypto traders as well as foreign investments in form digital assets. Belarus was the first government to legitimise crypto activities. Other countries which ...
NSW premier Gladys Berejiklian resigns
October 01, 2021 04:30 PM AEST| By Furquan MoharkanThe premier of New South Wales (NSW), Gladys Berejiklian, resigned today after the state’s corruption watchdog said it was investigating whether she was involved in conduct that "constituted or involved a breach of public trust". The NSW premi...
OMG! It’s Rising! The Rising OMG Network is Ethereum’s Scalability Solution
October 01, 2021 02:51 PM AEST| By Daniel Paul JohnsHighlights The Ethereum network scaling solution, OMG has grown by almost 70% since September 1, 2021 The OMG Network was designed as layer two scaling solution for the Ethereum blockchain A lot of OMG’s increased popularity has to do wi...
The Top 20 Crypto Twitter Accounts to Follow
October 01, 2021 01:31 PM AEST| By Emma Smith (Guest)With Bitcoin, Ethereum, and the rest of crypto trending once again, more investors and traders are looking for insight from industry experts, influencers, and even big brands and they find it via social media. To help steer users in the right direct...
Top 10 altcoins to explore this October
October 01, 2021 01:06 PM AEST| By Ankit SethiHighlights PERP was priced at nearly US$1 on January 1 2021, and it reached US$23 in August 2021 Ether is one of the most popular altcoins and its blockchain is home to many other altcoins SHIB is a meme-based altcoin, and it now commands a bi...
Who is the Wall Street’s secret billionaire investor?
October 01, 2021 12:55 PM AEST| By SamtaHighlights Private-equity investor and billionaire Ramzi Musallam has turned tragedy into fortune. Musallam had been Veritas’ second highest ranking executives. The billionaire has been majorly focusing on US State’s Federal Govern...
TikTok rolls out its first NFT collection; key things to know
October 01, 2021 12:45 PM AEST| By AshishTikTok has become the latest company to enter the non-fungible token (NFT) world. On 30 September 2021, the video-sharing social networking site launched an NFT collection, which will enable its leading content creators to partner with top NFT crea...
