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News
Solana Jumps to Seventh Largest Crypto
September 08, 2021 11:43 AM AEST| By Daniel Paul JohnsThe Solana platform’s native token – SOL – has leapfrogged Dogecoin to become the seventh largest cryptocurrency by market capitalisation. Solana has a market cap of US$50.03 billion according to CoinMarketCap, which is approxima...
Oil slips on demand concerns in the US and Asia
September 08, 2021 11:41 AM AEST| By Team Kalkine MediaCrude Oil Price Fall Down with Refinery Plant and Currency Highlights Crude oil prices inched lower on Tuesday. Saudi Arabia has cut the rates of crude oil for Asian markets. Oil prices got support from supply disruptions in the US. Crud...
EI Salvador grabs the spotlight adopting Bitcoin as its official currency
September 08, 2021 10:21 AM AEST| By Team Kalkine MediaHighlights EI Salvador became world’s first country to make Bitcoin its official currency. The country bought 400 bitcoins running ahead of the roll-out, planning to buy a lot more of them. Salvadoran Government launched its wallet app...
Five Chinese stocks to watch amid regulatory crackdown
September 08, 2021 08:57 AM AEST| By Sanjeeb BaruahHighlights The Alibaba Group’s (NYSE: BABA) revenue rose 34% YoY to US$31.86 billion in the quarter ended June 30, 2021. NIO Inc’s (NYSE: NIO) total revenue surged 127.2% YoY to US$1.30 billion in Q2 of FY 2021. The total revenue o...
On Holding AG IPO: All you need to know
September 08, 2021 08:06 AM AEST| By Team Kalkine MediaHighlights Swiss shoemaker On Holding AG has filed for IPO with SEC on Tuesday. It has applied for the ticker symbol ‘ONON’ with the New York Stock Exchange (NYSE). On’s expected price range is between US$18.00 to US$20.00 ap...
US stocks drift on slow pace of economic recovery
September 08, 2021 08:00 AM AEST| By Sanjeeb BaruahS&P 500 and Dow Jones slipped on Tuesday, September 7, dragged down by fears of a slowdown in economic recovery, while Nasdaq was marginally up after firms like Apple and Facebook saw gains. The S&P 500 was down 0.34% to 4,520.03. The Dow Jo...
MineHub co-founder on IPO: ‘industry is ripe for technological advancements’
September 08, 2021 04:23 AM AEST| By InvezzMineHub Technologies Inc is set to debut on Canada’s TSX Venture Exchange on Tuesday under the ticker “MHUB”, the company announced in its press release this morning. “We are pleased to have completed our over-subscribed $10 million financing and listing on the TSX-V, especially at a time when industries are starting to understand the transformational […] The post MineHub co-founder on IPO: ‘industry is ripe for technological advancements’ appeared first on Invezz.
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El Salvador Adopts Bitcoin – 5 Knock on Effects
September 07, 2021 10:43 PM AEST| By Daniel Paul JohnsEl Salvador has officially become the first country in the world to adopt Bitcoin as legal tender alongside the dollar. This makes El Salvador somewhat of an experiment as other countries watch closely to see if the people of El Salvador will choo...
After space mission, Jeff Bezos eyes age reversal solutions
September 07, 2021 06:17 PM AEST| By Nidhi GuptaAltos Labs, a startup that works on reversing biological aging, plans to open a Cambridge UK-based research lab. The company is funded by Amazon’s founder Jeff Bezos and has raised about £231 million ($270 million) to develop biological...
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How climate change is making conditions tougher for Australian farms
September 07, 2021 05:22 PM AEST| By Team Kalkine MediaHighlights The world is experiencing alarming long-run effects due to the severe changes in climatic conditions in last few years. Climate change is hurting Australian farmers, who have observed a significant decline in their profits. Agricult...
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Which are the 5 best AI companies worldwide?
September 07, 2021 04:17 PM AEST| By ManikaArtificial intelligence is simulation of human intelligence by combining several technologies and computer systems. Some of the applications of AI are natural language processing, speech recognition and machine vision. AI will be impacting t...
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Is the future of Dogecoin in good hands?
September 07, 2021 04:07 PM AEST| By Daniel Paul JohnsDogecoin has breached US$0.30 for the first time since August after hitting a record high of US$0.72 in May, 2021. Last month, it was announced Dogecoin would undergo a reboot which would see the inclusion of Ethereum cofounder, Vitalik Buterin as...
Shop.com says yes to crypto payments, teams up with BitPay
September 07, 2021 12:39 PM AEST| By AayushThe buzz around cryptocurrencies is intensifying as their march to the mainstream is gathering more and more speed. Be it gains from investments, acceptance in the form of legit payments or the newest buzz NFT, the crypto world keeps on expanding. ...
Hurricane Ida aftermath, oil spill and production disruption in US Gulf Coast
September 07, 2021 12:15 PM AEST| By Arpit VermaThe Bureau of Safety and Environmental Enforcement (BSEE) stated that the US offshore energy production continues to struggle to get back on track even after a week since Hurricane Ida made landfall in Gulf of Mexico. Source: Copyright © 20...
Can’t afford Bitcoin? Here are top three cryptocurrencies under US$1
September 07, 2021 12:02 PM AEST| By Furquan MoharkanHighlights While some cryptocurrencies are trading at abnormal prices; some of them are below US$1 The star performer below US$1 has been Dogecoin Some other digital assets below US$1 include USD Coin and Stellar Cryptocurrencies have bee...
Global semiconductor shortage may stretch to 2023
September 07, 2021 12:00 PM AEST| By Team Kalkine MediaHighlights The COVID-19 pandemic-induced challenges have badly hit the manufacturing and supply of semiconductor chips in the global market. The worsening global chip shortage is causing harm to the production lines of the global automotive ind...
Crude oil dips followed by Saudi's decision to cut prices for the Asian market
September 07, 2021 11:26 AM AEST| By Team Kalkine MediaConcept Of Falling Oil Prices Highlights Crude oil prices dropped on Monday. Saudi Aramco notified its customers to reduce the October selling price for Asian markets. The demand for crude in the Asian market has been suffering due to the ris...
2 popular NZX energy stocks to explore in 2021
September 07, 2021 11:00 AM AEST| By RomaHighlights Exhibiting good results in recent times, these energy companies are strong and growing. COVID-19-related uncertainties could be a major setback. Dividends declared by both Companies in their recent results. New Zealand has a hi...
NZ to spend NZ$24.3B on transport services and infrastructure in three years
September 07, 2021 10:34 AM AEST| By ManikaHighlights The New Zealand government releases its National Land Transport Plan. To invest NZ$24.3 billion in transport services and infrastructure over three years. NZ$6-billion earmarked for public transport, walking and cycling. The Go...
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NFT-based game CrytpoZoo in soup with allegations of scam
September 06, 2021 08:08 PM AEST| By Daniel Paul JohnsHighlights CryptoZoo is a new NFT game release by popular YouTuber, Logan Paul, where users are required to breed and exchange exotic digital animals Since the game’s release on Thursday, users have expressed their frustrations on T...
