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News
Top 10 altcoins institutional investors are focusing on
September 16, 2021 02:57 PM AEST| By AshishAltcoins or alternative coins is a term used to describe all cryptocurrencies other than Bitcoin. As alternatives of Bitcoin and traditional fiat money, these cryptocurrencies are known as altcoins. These coins have characteristics similar to Bitco...
Australia to get nuclear submarines amidst growing tension in South-China Sea
September 16, 2021 02:31 PM AEST| By Priyanka PayalHighlights US President Joe Biden has said that the US will share secret nuclear technology to assist Australia in shifting to nuclear-powered boats. A trilateral partnership was unveiled Wednesday between US, UK and Australia. The new partner...
Five DeFi coins charting an upward trajectory
September 16, 2021 01:58 PM AEST| By AayushDecentralised finance or more commonly known as DeFi is a technology which essentially aims to recreate the traditional financial system with blockchain based technology. What sets DeFi applications apart is that they can operate without the interf...
NZ GDP beats all forecasts, grows 2.8% in June quarter
September 16, 2021 01:56 PM AEST| By ManikaHighlights GDP grows by 2.8% in the June quarter. The numbers are driven by service, retail and accommodation industries. Shows that the New Zealand economy was doing very well before the Delta variant-related lockdowns. The economy grew ...
Confused about crypto jargons? Here are 10 basic terms to know
September 16, 2021 11:11 AM AEST| By Furquan MoharkanWith the cryptocurrency mania gripping the world, the digital asset is attracting more and more investors with time. With the increasing investor base, there has to be an increase in investor awareness. While most people have heard of cryptocurrency,...
Five company deals that grabbed the headlines this week
September 16, 2021 10:56 AM AEST| By Ipsita SarkarHighlights Goldman Sachs Group, Inc. is acquiring GreenSky for US$2.2 Bn. Pagaya Technologies Ltd. to go public through a SPAC deal worth US$9 Bn. Intuit is acquiring Mailchimp for US$12 Bn. A series of deals involving companies from vari...
Eleven upcoming IPOs to keep an eye on in September
September 16, 2021 09:54 AM AEST| By Sanjeeb BaruahHighlights Eleven IPOs are due between Sep 22 and 24; their price range already has been fixed. Two more IPOs are lined up on Sep 28 and 29, but their offering price is to be decided. On September 15, a total of fourteen IPOs were launched. ...
Greenidge (GREE), Indaptus (INDP) among most searched stocks Wednesday
September 16, 2021 08:37 AM AEST| By Ipsita SarkarHighlights Bitcoin miner Greenidge Generation Holdings Inc (NASDAQ: GREE) completed a merger with Support.com on Tuesday. Greenidge began trading on NASDAQ under the ticker GREE on Wednesday. Indaptus Therapeutics Inc. (NASDAQ: INDP) receives ...
US stocks gallop ahead after deals, product launches lift sentiments
September 16, 2021 08:14 AM AEST| By Sanjeeb BaruahAll benchmark US indices closed in the green on Wednesday, September 15, after a flurry of deals, acquisitions, buybacks, and product launches of top companies lifted investors’ spirits. The S&P 500 was up 0.85% to 4,480.70. The Dow Jones ...
Dutch Bros & On Holding IPOs: Check price, lot size, other details
September 16, 2021 03:38 AM AEST| By Sanjeeb BaruahUS beverage maker Dutch Bros Inc. (NYSE: BROS) and Swiss shoemaker On Holding AG (NYSE: ONON) on Wednesday launched their initial public offerings (IPOs) in the New York Stock Exchange (NYSE) under the ticker symbols ‘BROS’ and ‘O...
Why are Microsoft (MSFT), EV maker Rivian grabbing attention today?
September 16, 2021 02:36 AM AEST| By Sanjeeb BaruahThe Microsoft Corporation (NASDAQ: MSFT) stock was up 1.35 percent on Wednesday morning after announcing a share buyback plan worth US$60 billion, while the Michigan-based EV maker Rivian is catching the eyes of investors after rolling out the indu...
What exactly is September effect? Is it real?
September 15, 2021 07:52 PM AEST| By Furquan MoharkanSince the beginning of this month, the Dow Jones Industrial Average (Dow 30) has corrected by 2.2%, NASDAQ Composite by 1.5%, and S&P 500 by 1.8%. Outside Wall Street, most other indices except for Japan, India and China have declined. This ab...
The Astronomical Rise of NFTs
September 15, 2021 07:19 PM AEST| By Daniel Paul JohnsHighlights August 2021, saw a meteoric rise for the non-fungible token (NFT) market surpassing US$5.29 billion in total sales volume. Visa recently purchased an NFT - its own unique CryptoPunk for no less than US$0.15 million. ...
Swiss company Valour to launch Solana ETP
September 15, 2021 05:42 PM AEST| By Daniel Paul JohnsHighlights The Swiss company, Valour, has launched an ETP that will track the performance of the cryptocurrency Solana. Solana is a highly functional open-source system that offers decentralised finance (DeFi) solutions. The Solana ETP means i...
Will Australia Ever Adopt Bitcoin as Legal Tender?
September 15, 2021 04:30 PM AEST| By Daniel Paul JohnsHighlights El Salvador’s official adoption of Bitcoin got off to a somewhat shaky start as the price of Bitcoin plummeted in the hours following its introduction Bitcoin adoption by Australia would likely be complicated by its notor...
Failed attack on Ethereum blockchain affects 0.8% nodes
September 15, 2021 03:26 PM AEST| By AayushThe Ethereum blockchain was unsuccessfully attacked early morning on 14 September 2021, managing to trick 0.8% of Ethereum nodes. The attack was first flagged by someone named Alex S. on multi-coin mining pool, Flexpool. Image Source: ©&nbs...
Why is Avalanche Crypto Growing So Quickly?
September 15, 2021 02:42 PM AEST| By Daniel Paul JohnsHighlights AVAX has had a barnstorming past 30 days – a period which has seen its price more than triple Avalanche has one of the fastest smart contracts platform in the blockchain space, having launched in September, 2020 One major fact...
iPhone enthusiasts get a new version in iPhone 13 and iPhone 13 mini
September 15, 2021 10:56 AM AEST| By ManikaHighlights iPhone launches iPhone 13 and iPhone 13 mini. It delivers camera innovations and enhanced battery life. Apple on Wednesday launched iPhone 13 and iPhone 13 mini, which are the next-generation smartphones and feature beau...
Apple unveils iPhone 13, iPad, Watch Series 7: Product features, prices
September 15, 2021 10:43 AM AEST| By Ipsita SarkarHighlights Apple Inc. (NASDAQ: AAPL) unveiled its iPhone 13 series, iPad, and Watch Series 7 on Tuesday. The stock closed at US$148.18 on Sep 14. Apple stock gained around 16% YTD. Apple Inc. (NASDAQ: AAPL) on Tuesday unveiled the most a...
Bets abound as NFL season kickstarts, Arizona among top betting states
September 15, 2021 09:51 AM AEST| By Team Kalkine MediaHighlights A whopping 58.2 million betting transactions were made between Thursday and Sunday. More than 26 states have allowed legal sports betting as the NFL season kickstarted. Arizona registered around 6.1 million geolocation transactions....
