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News
Apple becomes first company to top US$3 trillion in market value
January 04, 2022 11:58 AM AEDT| By Sanjeeb BaruahHighlights Apple recently pledged to keep launching new products, from laptops to iPhones, as it steps into the new year while it explores new areas like automated cars and virtual reality. The Apple stock’s record intraday high of US$182.....
Tesla delivers close to 1 million vehicles in 2021, led by Model 3 & Y
January 04, 2022 10:37 AM AEDT| By Sanjeeb BaruahHighlights Tesla Inc (TSLA) delivered 936,172 vehicles last year, up from 499,550 vehicles delivered in 2020, or an 87% increase YoY. In the fourth quarter of 2021, it delivered 308,600 cars compared to 241,300 in the previous quarter, the comp.....
US markets close higher as Apple Inc briefly crosses US$3-trillion mark
January 04, 2022 09:58 AM AEDT| By Versha JainBenchmark US indices closed higher on the first trading day of the new year on Monday, January 3, lifted by energy and consumer discretionary stocks. The S&P 500 rose 0.64% to 4,796.56. The Dow Jones gained 0.68% to 36,585.06. The NASDAQ Composi...
South Korea to issue NFTs for presidential elections fundraise
January 04, 2022 09:41 AM AEDT| By AshishIn a first, the ruling political party of South Korea would issue non-fungible tokens (NFTs) for fundraising in a presidential election. According to the Democratic Party of Korea’s (DPK) presidential candidate Lee Jae-myung's campaign commit.....
US manufacturing PMI falls in December, factory activities up
January 04, 2022 09:09 AM AEDT| By Rupam RoyHighlights The US manufacturing purchasing managers index (PMI) was 57.7 in December, lower than the previous month. The total construction spending rose 0.4% in November. President Biden was scheduled to interact with farmers, ranchers, and i.....
Why Keep Network (KEEP) crypto jumped over 12% today?
January 04, 2022 06:17 AM AEDT| By Rupam RoyHighlights The KEEP token surged over 12% on Monday morning. It gave a return of over 274% over the last 12 months. It reached an all-time high of US$296.45 in Dec 2020. The Keep Network (KEEP) token jumped over 12% to US$0.808 on Monday .....
What is Powerledger (POWR) crypto?
January 04, 2022 05:38 AM AEDT| By Rupam RoyHighlights The Powerledger (POWR) token slumped over 15% on Monday. The token climbed an all-time high of US$2.01 on Jan 4, 2018. It gave a return of over 34% over the last 12 months. The Powerledger (POWR) token fell over 15% to US$0.650.....
Why is PancakeSwap (CAKE) token up today?
January 04, 2022 05:18 AM AEDT| By Versha JainHighlights The PancakeSwap token price (CAKE) rose 2.98% to US$12.36 at 08:03 am, ET, Monday. The token rose after it tweeted about Goldminer Syrup Pool and Farm. GoldMiner is a play-to-earn game, where players can mine gold from in-game.....
Apple’s new products in 2022 – from Mac Pros, iPhone 14 to VR headset
January 04, 2022 03:49 AM AEDT| By Sanjeeb BaruahApple Inc has lined up a series of exciting products, from Mac Pros, iPad Pros to VR/AR headsets, for 2022 launch after limited product launches and modest success last year. Apple’s 2022 line-up includes the powerful new Mac and iPad Pros, .....
Can NFTs be used for money laundering?
January 03, 2022 02:44 PM AEDT| By Sundeep RadeshHighlights The year 2021 has seen the mainstreaming of non-fungible tokens (NFTs). The anonymity capabilities that blockchain provides, coupled with the nature of NFTs make it possible to be used for money laundering. NFTs can also be traded f.....
Do Quantum Computers Pose a Big Threat To Bitcoin?
January 03, 2022 12:38 AM AEDT| By Daniel Paul JohnsOver the past ten years, cryptocurrency has emerged as an asset class which has provided a system, doing away with interference from external third parties. As such, crypto holds the key to changing finance as we know it. But there’s a threa.....
How to spot a "Crypto Ninja "?
January 02, 2022 12:31 AM AEDT| By Aditi SahaHighlights The term "crypto portfolio" refers to an investor's collection of cryptocurrency coins and financial products. Crypto portfolio managers must exercise caution, be prudent and allocate capital strategically. To assist investors.....
Polygon and Polkadot - two cryptos to explore in 2022?
January 02, 2022 12:22 AM AEDT| By Rupam RoyAlthough the global cryptocurrency market has cooled down since its impressive run earlier this year, it hasn’t stopped enthusiasts from placing their bets on digital assets. According to CoinMarketCap, there are currently around 16,200 cryp.....
As curtain falls on 2021, let’s revisit 5 hottest IPOs of the year
January 01, 2022 07:28 PM AEDT| By Rupam RoyThe US market has witnessed a flurry of IPOs this year. The momentum picked up after the successful public offer of vacation rental company Airbnb in December 2020. The IPO rush reflects the companies' growing appetite to go after the opportunitie.....
As we enter 2022, know how Bitcoin compares with the US dollar
January 01, 2022 02:30 PM AEDT| By Ankit SethiThe year 2021 was a year dominated by cryptocurrencies, so much so that a few nations announced a ban on cryptos and a few hotly debated regulating their trade. Now, as we step into 2022, the crypto market will likely enter a new phase. This phase.....
Crypto day trading: How to make profits in cryptos?
January 01, 2022 12:13 AM AEDT| By Ankit SethiHighlights In stocks, day trading is purchase and sale of share/s or other assets over a single day of trading Unlike the stock market, cryptocurrency market functions round the clock, all days of the year Crypto day trading, like othe.....
Why are people buying virtual real estate? Should you too?
December 31, 2021 10:26 PM AEDT| By Ankit SethiHighlights In 2021, parcels of virtual land on Decentraland and The Sandbox sold for millions of dollars each From Adidas to Nike to Paris Hilton, many have jumped onto the virtual real estate bandwagon These virtual assets have their ow.....
The top crypto gainers of 2021, and a couple of underperformers
December 31, 2021 10:13 PM AEDT| By Ankit SethiHighlights Year 2021 was first ruled by NFTs, and the last couple of months saw the rise of metaverse New blockchain networks also gained in 2021, especially because they threaten Ethereum’s dominance Bitcoin’s ups and downs .....
How is BetaShares Crypto ETF (ASX:CRYP) performing?
December 31, 2021 07:15 PM AEDT| By Aditi SahaHighlights On November 4, BetaShares, an Australian fund management firm, launched BetaShares Crypto ETF (ASX:CRYP) on the ASX. BetaShares has become one of Australia's most prominent fund managers, specialising in ASX-listed exchange traded fu.....
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Would inflation take a breather in 2022?
December 31, 2021 06:45 PM AEDT| By AayushThe COVID-19 pandemic has battered economies in many ways, loss of jobs and lives, the wreckage of the global supply chain, disrupted business conditions, etc. In order to get back on track and recover from battered economies, central banks across .....
