News

Industrial Tech Acquisitions II IPO: SPAC set for $150M Nasdaq debut
January 13, 2022 03:40 AM AEDT| By Versha JainHighlights Industrial Tech Acquisitions II, Inc. Unit (ITAQU) has announced its initial public offer pricing at US$10.00 per unit. The public offering included 15,000,000 units, each consisting of one share of Class A common stock a.....

Hillstream BioPharma IPO: How much is HILS stock & when can you buy it?
January 13, 2022 01:49 AM AEDT| By Rupam RoyThe biotechnology company, Hillstream BioPharma, Inc. is all set to make its debut on the US market on January 12. The company announced the pricing of its initial public offering on Tuesday. Hillstream is a biotechnology firm that engages in the .....

Why is EPIK Prime crypto rallying? NFT token jumps 21%
January 13, 2022 12:32 AM AEDT| By Versha JainHighlights Epik is an NFT licensing technology company with more than 300 video gaming clients. It is co-hosting the first Asia Metaverse New Era Summit on January 12, 2022. The EPIK token grew 20.87% at 5:30 am ET, Wed...

What is Crypto Skulls NFT? Does it make a good investment?
January 12, 2022 08:39 PM AEDT| By Ankit SethiHighlights Like CryptoPunks, which is a project by Larva Labs, Crypto Skulls are selling as NFTs NFTs have their own dedicated exchange platforms, including OpenSea, which is a multi-billion-dollar project Crypto Skulls will also have its own .....

World Bank slashes China’s growth figures
January 12, 2022 07:13 PM AEDT| By Priyanka PayalCoronavirus pandemic has played havoc on world economies. As the new year began, people globally were optimistic and had high hopes that their lives would be restored to normal, and their Country’s economy would come on track. However, it doe.....

What is EMAX crypto & what is the controversy around it?
January 12, 2022 06:44 PM AEDT| By Raza NaqviHighlights: A lawsuit was filed against promoters of the EMAX crypto on January 7 in the Los Angeles federal court. According to the project's website, the EMAX crypto is an ERC-20 token built on the Ethereum blockchain. EMAX crypto was launch.....

Which are upcoming ICOs to watch out for in 2022?
January 12, 2022 04:49 PM AEDT| By Jasmine AnandHighlights With the astronomical rise of hype around cryptocurrencies, investors are getting attracted towards ICOs, also known as Initial Coin Offerings. These are offered by those companies which aim to launch a new digital token in the crypt.....

Genesis (NZX:GNE): How did it perform in last month?
January 12, 2022 02:54 PM AEDT| By SonalHighlights Genesis’ shares fell 1.68% in the last 30 days. In Q1 FY22, total consumer demand in the retail segment fell by 6% due to the COVID-19 lockdown and milder winter temperatures. Genesis has pledged to help NZ in reducing carbon .....

Crypto Catch: Crypto Analysts Debate the Future of Bitcoin
January 12, 2022 02:47 PM AEDT| By Daniel Paul JohnsHighlights Bitcoin has recovered 2.5 percent in the past 24 hours to a touch below US$43,000 Analyst’s opinions are divided over whether this week’s drop to below US$40,000 will, in fact, be the bottom The last time a death cross p.....

US stocks bounced back on Tuesday, led by technology stocks
January 12, 2022 08:28 AM AEDT| By Versha JainBenchmark US indices rebounded on Tuesday, January 11, after the Federal Reserve chairman Jerome Powell said to take aggressive measures to keep the inflation in check during his confirmation hearing today. The S&P 500 rose 0.92% to 4,713.07. Th...

Why is TSR Inc’s stock rallying? NASDAQ:TSRI jumps 36% in pre-market
January 12, 2022 03:07 AM AEDT| By Versha JainHighlights TSR Inc. (TSRI) is a staffing company, founded in 1969. TSR, Inc. announced its second-quarter results with increased revenue for the quarter ended November 30, 2021. The stock spiked 29.25% in one year. TSR, Inc. (NA.....

What is Stellar crypto? XLM token’s 24-hour trading volume spikes 83%
January 12, 2022 01:44 AM AEDT| By Rupam RoyThe Stellar (XLM) crypto caught investors' eyes January 11, despite a decline of over 3% Tuesday morning. However, at the time of writing, its volume for the last 24 hours was up over 83%. What is Stellar (XLM)? In simple words, Stellar is an ope.....

Turo Inc IPO: Car-sharing firm eyeing $100M debut on NYSE
January 12, 2022 01:07 AM AEDT| By Versha JainHighlights Turo Inc., a car-sharing provider, filed for an initial public offering via Form S-1 with the U.S. Securities and Exchange Commission on Monday, January 10. The registration statement was filed for the listing of its common stock.....

Why RBA’s digital currency could be a threat to the financial system?
January 11, 2022 09:14 PM AEDT| By Akanksha VashishtAt a time when the Reserve Bank of Australia is contemplating its digital currency, regulators seem to be on the fence regarding the overall benefit of this currency. The risks connected to the digital currency space have made the potential decisio.....

Is nickel ready to be the next hot battery metal?
January 11, 2022 08:34 PM AEDT| By Nitish KumarThe world is standing at the edge of a new electric era. Green metals including lithium, cobalt, nickel, and copper can be considered as the building blocks of this new era. The growing demand for electric vehicles and battery storage technologies.....

Fujitsu wins iSAFE deal with SA’s Department for Correctional Services
January 11, 2022 08:11 PM AEDT| By Sonal GoyalHighlights Fujitsu has won the iSAFE contract with the South Australian Department for Correctional Services (DSC). Under the contract, Fujitsu will refresh some of its software systems. Fujitsu has announced that it has won the iSAF.....

Matt Damon’s crypto ad controversy: All you need to know now!
January 11, 2022 05:17 PM AEDT| By Ankit SethiHighlights Matt Damon has starred in an ad for exchange Crypto.com, which is based in Singapore Damon’s crypto commercial does not endorse any specific crypto asset, but implicitly promotes investing in cryptos The ad has earned the wrat.....

Is UST stablecoin extending to 5 different Defi protocols on Terra proposal?
January 11, 2022 04:19 PM AEDT| By Jasmine AnandHighlights Terra has announced its intentions to widen the outreach of the deployment of its stablecoin, TerraUSD (UST), across various Defi protocols. The ambitious plan is intended to cover various projects on blockchains like Ethereum, Polyg.....

Crypto Catch: Billionaire Fund Manager Bullish on Bitcoin
January 11, 2022 02:10 PM AEDT| By Daniel Paul JohnsHighlights Fund manager and billionaire Bill Miller has claimed he is so bullish on bitcoin that 50 percent of his personal assets are now tied to Bitcoin Bitcoin has moved to just below US$42,000 This morning saw almost every single altcoin i.....

US stocks edge lower as tech stock slips
January 11, 2022 08:10 AM AEDT| By Rupam RoyBenchmark US indices drifted on Monday, January 10, on concerns over sooner than anticipated interest rate hikes, that have pushed the US treasury yields higher. The US treasury yields hit the highest level in two years on Monday. The S&P 500 wa...