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Do you know how long it takes to mine one Bitcoin?
June 25, 2021 10:57 AM EDT| By AkshaySummary Bitcoin, a decentralised digital currency, hit its all-time high of US$64,899 in April this year. In the past one year, Bitcoin has delivered an approximate return of 238%. The ideal time taken to mine a Bitcoin is only 10 minutes, but.....
Starlink IPO: Can you buy this Elon Musk-owned company's stock?
June 25, 2021 10:57 AM EDT| By Raza NaqviThe commercial space industry has evolved over the years, giving multiple investment options to investors exploring this sector. However, the white whale of this industry, Elon Musk's SpaceX, remains private, and the Tesla (NASDAQ:TSLA) boss has comm...
Climate change can add $100B a year to Canada’s health costs by 2050
June 25, 2021 10:32 AM EDT| By Raza NaqviClimate change is not just a looming danger in terms of the environment and economy. It also poses a great deal of threat to public health. A new study conducted by the Canadian Institute for Climate Choices (CICC) noted that climate change could li...
Why Canada will no longer allow any new thermal-coal mining projects
June 25, 2021 10:03 AM EDT| By Raza NaqviAmid Canada’s extensive efforts to combat climate change, a recent government study noted that it was the only country among G7 nations that registered an uptick in carbon emissions between 2015 and 2019. Now, in a bid to fix this, Canada has...
Rritual Superfoods continues to boost its brand, secures 'Tested to Be Trusted' certification
June 25, 2021 04:57 AM EDT| By Team Kalkine MediaSummary Rritual Superfoods has passed the ‘Tested to Be Trusted’ standard for its product line under independent lab testing. The continuing lab testing would help devise the Company’s future product strategy and gain the conf.....
Asia’s richest man moves to internationalise his company
June 25, 2021 02:23 AM EDT| By Furquan MoharkanAsia’s richest man – billionaire Mukesh Ambani – has announced the appointment of Yasir Al-Rumayyan, Chairman of Saudi Aramco and Governor of Public Investment Fund (PIF), to the board of Reliance Industries Limited (RIL). "His joi...
APAC markets, except NZ, bask in a sea of green on US cues
June 25, 2021 01:02 AM EDT| By Furquan MoharkanAll the equity markets in the Asia Pacific (APAC) region, save New Zealand, were trading in green on Friday, following in the footsteps of its peers in the US. In Japan, the benchmark Nikkei 225 was up 81 basis points at the time of filing this copy...
Why are policymakers averse to cryptocurrency?
June 25, 2021 12:59 AM EDT| By Furquan MoharkanRarely do we find a situation when policymakers are averse to allow any new asset class in their domain. Policymakers usually treat an asset class as a new investment option. However, when it comes to cryptocurrency, policymakers seem to be singing...
How does one buy cryptocurrency in New Zealand? Is investing in cryptocurrency legal?
June 25, 2021 02:22 PM AEST| By SonalSummary Cryptocurrency is a digital currency, which allows to send and receive payments to anyone and does not rely on any central authority to verify transactions. Bitcoin, Ethereum, XRO are some of the most popular cryptocurrencies. Cryptocu.....
COVID-19: What is Delta plus? Is it more dangerous than other strains?
June 24, 2021 11:08 PM EDT| By Furquan MoharkanThe Delta plus variant of COVID-19 has been fast spreading across the globe. This has raised alarm bells among the policy makers – with some of them scared, while others adopting a wait and watch strategy. The three countries, which have seen...
NASDAQ, S&P 500 hit all-time highs after infra deal, labor recovery
June 24, 2021 03:25 PM PDT| By Sanjeeb BaruahBlue-chip S&P 500 and NASDAQ Composite closed at all-time highs on Thursday, June 24, after markets responded positively to the news of President Biden’s US$1 trillion infrastructure deal and continued recovery of the US labor market, criti...
TSX zooms on $1.2tn US infra deal, Bombardier & Manulife most traded
June 24, 2021 05:30 PM EDT| By Team Kalkine MediaThe broader Canadian index settled in green on Thursday, June 25, after the US announced a US$ 1.2 trillion infrastructure package for the next eight years. The S&P/TSX Composite Index gained 0.25%, or 50.73 points, to settle at 20,215.12. The S...
CLEAR Secure IPO: How to buy this biometric security firm’s stock?
June 24, 2021 05:26 AM EDT| By Shreya BiswasCLEAR Secure Inc, a well-known identity verification platform, is all set to join the big league of publicly listed companies on Wall Street. Founded in 2010, CLEAR Secure uses biometric technology to authenticate user identity. It was launched with...
APAC markets end flat on mixed sentiments
June 24, 2021 04:33 AM EDT| By Furquan MoharkanThe equity markets in the Asia Pacific (APAC) region closed mostly flat on a day when the sentiments across the geography seemed mixed. In Mainland China, shares closed mixed as the Shanghai Composite Index ended the trading day largely around the f...
Before bidding for a house, heed alarms bells rung by central bank
June 24, 2021 04:23 AM EDT| By Team Kalkine MediaSummary Rise in housing prices fueled by cheap debt and mismatch in demand and supply. High level of Canadian household debt due surging mortgage payouts a concern. Treating any sector as a quick multiplier of wealth can lead to broader reperc.....
Is it wise to buy Bitcoin?
June 24, 2021 04:50 PM AEST| By Daniel Paul JohnsSummary A big part of Bitcoin’s post-May decline has been majorly influenced by China’s crackdown on bitcoin trading and mining. A decision by Chinese authorities to shut down Bitcoin mines in Beijing and Sichuan was closely followe.....
Is Grayscale Bitcoin trust an ETF?
June 24, 2021 01:10 AM EDT| By Furquan MoharkanThe world’s largest cryptocurrency, Bitcoin, has been one of the world’s most talked-about assets in 2021. Bitcoin prices, displaying a volatility worse than that of penny stocks, have had wild swings in last five months of this year. Sh...
Is blockchain only for cryptocurrencies? What are the risks of blockchain?
June 24, 2021 02:03 PM AEST| By Daniel Paul JohnsSummary Cryptocurrency Bitcoin was the first to utilise blockchain technology in 2008 when its anonymous creator, Satoshi Nakamoto, decided he wanted to create a peer-to-peer digital technology, bypassing a financial middleman. The “block.....
Does investment maestro Warren Buffet trade in penny stocks?
June 23, 2021 11:08 PM EDT| By Furquan MoharkanWarren Buffett, undoubtedly, has been the world’s most successful serial investor. With a net worth of over US$100 billion, Mr Buffett at one point in time, was the world’s richest man. He and Bill Gates of Microsoft Corporation used to s...
US markets close mixed as financials, energy stocks advance
June 23, 2021 03:26 PM PDT| By Sanjeeb BaruahBenchmark US indices closed mixed on Wednesday, June 23, after financials and energy scrips advanced, while other stock segments remained subdued. The S&P 500 was down 0.11% to 4,241.84. The Dow Jones declined 0.21% to 33,874.24. The NASDAQ Comp...
