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News
Mania to mainstream: In a first, SEC might allow Bitcoin ETF trading
October 16, 2021 04:59 AM AEDT| By Ipsita SarkarHighlights Last month, SEC chair Garry Gensler hinted that Bitcoin Futures ETFs might receive a government nod under a 1940 law. Although many aspiring Bitcoin ETF issuers have lined up since, as many as four are under SEC consideration t.....
Can the 1st US Bitcoin ETF take BTC to new peaks?
October 16, 2021 02:39 AM AEDT| By Ankit SethiHighlights The Securities and Exchange Commission (SEC) had earlier approved the Volt ETF that tracks stocks in Bitcoin-related activities Bitcoin’s price has been surging over the past few weeks, likely because investors are banking .....
Is NuCypher (NU) a good investment for near future?
October 16, 2021 01:51 AM AEDT| By Manu ShankarNuCypher (NU) is decentralised encryption software that provides a security and privacy layer for public blockchains. An end-to-end encrypted data sharing platform allows seamless data sharing between multiple participants using proxy re-encryption.....
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Can these 5 altcoins help fund holiday shopping?
October 16, 2021 12:30 AM AEDT| By Ankit SethiHighlights It is not Bitcoin that has gained the most this year, many altcoins win in terms of YTD returns. It is best to study the underlying tech of any crypto in order to understand any likely rise or fall in value in the future. Some altco.....
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Is Olympus crypto (OHM) a decent investment option?
October 15, 2021 11:44 PM AEDT| By Manu ShankarHighlights Olympus crypto (OHM) is deemed an algorithmic stablecoin protocol to become a stable crypto-native currency. As per CoinMarketCap, OHM was trading at US $989.64 with a 24-hour trading volume of US $466,321,565 and was down 20.75% in .....
Digital gift card retailer Prezzee to be listed on ASX soon
October 15, 2021 08:56 PM AEDT| By Priyanka PayalHighlights Prezzee Pty Limited is considering getting listed on the stock market soon. Studies indicate that the gift-card market could expand from AU$838 billion in 2019 to AU$2.81 trillion by 2027. Prezzee, which operat.....
Why Ripple joining the Digital Pound bandwagon could be a gamechanger
October 15, 2021 08:51 PM AEDT| By Manu ShankarHighlights Ripple Foundation on 14 October announced that it would be joining forces with the UK’s Digital Pound Foundation. The Ripple team is expected to work with the Digital Pound Foundation on the technical as well as policy-re.....
North Australian Cattle Company now has a new owner
October 15, 2021 08:16 PM AEDT| By Sonal GoyalHighlights North Australian Cattle Company (NAAC) has come out of voluntary administration with new owner. The managing director of NAAC, Ashley James has taken over the NACC. The company went into administration due to disagreement amon.....
Here’s NSW’s A$66M package to lift outdoor activities post lockdown!
October 15, 2021 07:47 PM AEDT| By Priyanka PayalHighlights On Thursday, the NSW Government announced Alfresco Restart package worth AU$66 million to boost outdoor dining and hospitality business in Australia post lockdown. The decision was taken in view of the decline in COVID-19 cases.....
Bitcoin Hits $60,000 for the first time since April
October 15, 2021 07:30 PM AEDT| By Manu ShankarHighlights Bitcoin breaks into the US $6000 for the first time in months. At the time of writing (BST 8.00 am), Bitcoin was currently trading at US $59,560.05 with a 24-hour trading volume of US $39,709,408,168. Bitcoin was up by 3.19% in the.....
The Best Cryptocurrencies of 2021
October 15, 2021 07:03 PM AEDT| By Tom Murphy (Guest)Back when Bitcoin was created in 2009 as a response to the financial crisis, the world had gained a new asset class and its first digital currency. Several years later, thousands of cryptocurrencies are in existence, all with different specialties an...
United Wholesale Mortgage decides to stop accepting cryptos
October 15, 2021 05:44 PM AEDT| By AayushHighlights United Wholesale Mortgage has backtracked on its decision of accepting cryptocurrencies as a payment. The regulatory uncertainty and the current incremental cost forced the company to not continue accepting cryptocurrencies. The pil.....
Crypto Statistics 101: Did You Know That?
October 15, 2021 05:44 PM AEDT| By Tom Murphy (Guest)Whether or not you are a Bitcoin investor, you can always choose to be informed of the latest development in the crypto market. You might find yourself drawn into the investment opportunities offered by cryptocurrencies. Learn the latest statistics t...
How would NZX energy stocks help in driving down emissions?
October 15, 2021 01:02 PM AEDT| By Jasmine AnandLately, the NZ Government released its first emissions reduction plan to the public, to be on track with its commitment to go carbon neutral by 2050. James Shaw, NZ’s Climate Change Minister, revealed that the said plan would help the countr.....
Crude oil grows on rising energy demand
October 15, 2021 12:56 PM AEDT| By Arpit VermaHighlights Crude oil prices climbed up on Thursday. The prices of crude oil are boosted by surging natural gas prices. OPEC+ decided to stick to its previous agreement to increase the output by 400,000 bpd per month. Crude oil prices clim.....
US stocks close higher on strong earnings reports
October 15, 2021 09:04 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed higher on Thursday, October 14, boosted by strong quarterly results of major banks and upbeat economic data that helped alleviate investors’ concerns. The S&P 500 was up 1.71% to 4438.26. The Dow Jones rose 1.56...
Coinbase to launch NFT platform, here’s what to expect
October 15, 2021 02:36 AM AEDT| By Ankit SethiHighlights Coinbase has started a waitlist for users to give them access to its Coinbase NFT platform. The trading volume of the NFT market in the third quarter of 2021 was over a whopping US$10 billion. From Jack Dorsey’s first .....
Does the crypto market urgently need tougher regulations?
October 15, 2021 01:36 AM AEDT| By Manu ShankarHighlights Bank of England Deputy Governor Sir Jon Cunliffe has warned that the rate at which the market is exploding could create a financial meltdown unless the government steps forward with tougher regulations. The crypto assets have explode.....
Is investing in altcoins better than Bitcoin?
October 15, 2021 12:35 AM AEDT| By Ankit SethiThe debate around Bitcoin versus altcoins is heating up. There is a reason why. Bitcoin may be the most popular and biggest headline-making crypto, but altcoins are giving investors unbelievable returns. Source: Pixabay.com The pandemic, which .....
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Bitcoin rally sees crypto market overtake Apple, Amazon
October 15, 2021 12:24 AM AEDT| By Manu ShankarA massive rally was seen in the cryptocurrency market when Bitcoin and other altcoins surged and overtook the world’s most valuable company Apple in terms of market capitalisation. Bitcoin’s rally ensured that the total market cap of th.....
