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US stocks retreat for third straight day on inflation woes
January 21, 2022 09:31 AM AEDT| By Versha JainUS stocks closed in a sea of red on Thursday, January 20, as investors paused their bullish bets amid mixed signals from the economy. The S&P 500 fell 1.10% to 4,482.73. The Dow Jones declined 0.89% to 34,715.39. The NASDAQ Composite was down 1....
Nasdaq logged 66th correction this week since its inception in 1971
January 21, 2022 08:37 AM AEDT| By Rupam RoyHighlights The Nasdaq Composite logged its 66th correction this week since its launch in 1971. The index declined 10.69% on Wednesday from its record high of 16,057.44 points on Nov 19, 2021. On Tuesday, it closed below its 200-day moving aver.....
Pfizer covid vaccine for kids under five on the anvil
January 21, 2022 07:06 AM AEDT| By Sanjeeb BaruahWhite House chief medical advisor Anthony Fauci has said that the US Food and Drug Administration (FDA) could authorize a Pfizer-BioNTech Covid-19 vaccine for children under five years next month. In an interview with an NGO, he said that it could.....
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Russia to ban mining and use of cryptocurrency
January 21, 2022 06:09 AM AEDT| By Versha JainHighlights Russia’s central bank said it proposed a ban on mining and use of cryptocurrency. In 2020, Russia had given legal status to digital currencies but banned their use for payments. Russia ranks third in crypto mining after the US.....
Amazon to open first physical store near Los Angeles
January 21, 2022 03:19 AM AEDT| By Sanjeeb BaruahAmazon.com Inc (AMZN) will open its first apparel store near Los Angeles this year, managing director Simoina Vasen said on Thursday. It will be smaller than a typical departmental store but will have unique virtual features to guide the customers......
Brunton, Ozkurt Join Northeast Water Leadership Team at WSP USA
January 21, 2022 03:00 AM AEDT| By 3BLNEW YORK, January 19, 2022 /3BL Media/ - Jennifer Brunton and Ozlen Ozkurt have assumed key leadership positions in the Water business line at WSP USA, a premier engineering and professional services...
Four Springs Capital Trust (FSPR) to debut on NYSE today - know details
January 21, 2022 02:58 AM AEDT| By Versha JainHighlights First Spring Capital Trust is an internally managed REIT. First Spring Capital is set to debut on NYSE Thursday under the ticker symbol FSPR. The New Jersey-based company plans to raise US$252 million from the offering. .....
Will Badger DAO crypto’s rally stay?
January 21, 2022 01:49 AM AEDT| By Manu ShankarHighlights Badger DAO is a decentralized autonomous organization, which primarily aims to build dedicated products to simplify the use of Bitcoins. Powered by the Ethereum blockchain network, Badger DAO is driven by two main products SETT .....
What does Beefy Finance do & how to buy BIFI tokens?
January 20, 2022 10:45 PM AEDT| By Raza NaqviThe 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 is is Shping crypto (SHPING) setting the market on fire?
January 20, 2022 09:27 PM AEDT| By Manu ShankarDriven by the Ethereum blockchain, Shping crypto (SHPING) aims to incentivise the brand retailers to promote a safer and secure way for customers to share product information. The Shping project aims to develop the world’s largest global data.....
How would inflation further affect sectors? 5 pointers to note
January 20, 2022 09:04 PM AEDT| By Priya BhandariThe 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?
January 20, 2022 08:12 PM AEDT| By Ankit SethiHighlights 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?
January 20, 2022 06:12 PM AEDT| By Aditi SahaHighlights 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 .....
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What led to Grayscale Bitcoin Trust’s (GBTC) record-high discounts?
January 20, 2022 05:39 PM AEDT| By Jasmine AnandHighlights 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?
January 20, 2022 05:31 PM AEDT| By Ankit SethiHighlights 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?
January 20, 2022 05:10 PM AEDT| By Aditi SahaHighlights 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.....
What you should know about Australian Blockchain Week 2022
January 20, 2022 02:50 PM AEDT| By Aditi SahaHighlights Australian Blockchain Week 2022, the nation’s biggest crypto and blockchain event, is scheduled to be held in March 2022. FTX, the world's largest crypto derivatives exchange, has been announced as its naming rights sponsor. B.....
Should investors be wary of North Korea's crypto crimes?
January 20, 2022 01:53 PM AEDT| By Aditi SahaHighlights 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.....
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US stocks edge lower as technology, financial sectors slip
January 20, 2022 08:35 AM AEDT| By Rupam RoyBenchmark 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...
US housing starts rise 1.4% in December despite cost, supply troubles
January 20, 2022 07:17 AM AEDT| By Sanjeeb BaruahHighlights 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.....
