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News
After SpaceX, Will Tesla (TSLA) Start Accepting Payment In Dogecoin?
May 11, 2021 09:49 PM AEST| By AnujElectric vehicle (EV) giant Tesla Inc (TSLA:US, NASDAQ:TSLA) may start accepting payments in Dogecoin, or so it seems from founder Elon Musk’s recent Twitter post. The engineer-turned-entrepreneur has started a Twitter poll asking his follower...
Are You Keeping Up with the Evolving Cryptocurrency Tax Requirements?
May 11, 2021 04:50 PM AEST| By Team Kalkine MediaSummary The Australian Taxation Office (ATO) will be extra vigilant this year following a surge in the number of Australians purchasing cryptocurrencies. The ATO categorises crypto investors into three groups: investors, traders, and hobbyists......
Dogecoin Wasn’t the Only Crypto to Fall After Musk’s SNL Appearance
May 10, 2021 08:19 PM AEST| By Team Kalkine MediaThis year has seen a flock of cryptocurrencies across the board make significant gains. The most well known of these – Bitcoin (BTC) – has surged 96% since January, and its success has bled over to some other altcoins, so much so .....
Forget Bitcoin! This crypto delivered nearly 450% returns so far in 2021
May 10, 2021 06:53 PM AEST| By Team Kalkine MediaSummary Ether has witnessed a strong rally this year, with its value jumping by 450% so far in 2021. The price of Ether crossed US$4,000-mark for the first time on May 9. The rise of Ethereum and other digital coins has weakened Bitcoin’.....
Dogecoin nosedives on Musk’s remarks; what does it mean for the cyptocurrency?
May 10, 2021 11:13 AM AEST| By Furquan MoharkanThe meme-turned-frenzy cryptocurrency, Dogecoin, plummeted after billionaire Elon Musk of Tesla Inc (NASDAQ:TSLA) called it a ‘hustle’ in a live show. At one point in time in the last 24 hours, the digital asset was down 31.7% from its.....
Dogecoin Volatile Over the Weekend; Where is the Digital Currency Heading?
May 09, 2021 03:46 PM AEST| By DaminiOf late, crypto assets have gained immense popularity among global investors, who are now betting big on the cryptocurrency as a mainstream asset. Initially devised to remove financial intermediaries in peer-to-peer transactions, digital currencies.....
Bitcoin & Its Reckless Power Consumption Is A Threat To The Climate
May 08, 2021 12:32 AM AEST| By Team Kalkine MediaAll that glitters is not gold. In fact, there is something that is outshining even gold. Yes, you know it, that’s bitcoin. Based on the blockchain technology, this so-called “digital currency”, or should we just say, a speculative...
Bank of England Governor’s Crypto Warning – Be Prepared to Lose All Your Money
May 07, 2021 08:10 PM AEST| By Team Kalkine MediaSummary Andrew Bailey, Bank of England’s governor, has warned investors to be prepared to lose money if they invest in Dogecoin. Dogecoin has made an astronomical rise in the past twelve months, particularly since the start of 2021. The .....
Dogecoin Surge Leads to Robinhood Crash as Investors Left Feeling Robbed
May 07, 2021 07:38 PM AEST| By Team Kalkine MediaSummary Trading app Robinhood crashed due to a recent heavy influx of investors hoping to cash in on the Dogecoin rush. The site’s crash occurred on the back of Dogecoin’s value, rising around 12% in just nine hours. Robinhood&rsqu.....
Goldman Sachs offers a new Bitcoin derivative
May 07, 2021 06:55 PM AEST| By AayushSummary The institutional demand for exposure to Bitcoin has continued to grow significantly in the derivative space. Goldman Sachs has started to offer a new derivative product to its clients, which closely tracks the price of Bitcoin. The de.....
Ether Hits New High Today. Can It Cross $5,000 Soon?
May 07, 2021 02:37 AM AEST| By AnujEther coin achieved a new high of US$ 3,545.2 apiece for the first time on Thursday, May 6. The second largest blockchain network has been recording record highs since the last week of April 2021. The Ethereum network registered fund inflows of US$ 3...
Auction House to Accept Bitcoin and Ether as Payment for Banksy Auction
May 06, 2021 08:21 PM AEST| By Team Kalkine MediaSummary An auction house has announced it will accept cryptocurrency at an upcoming auction for an art piece by legendary artist Banksy. This will mark the first time Sotheby’s will accept cryptocurrency as a payment mode for a painting. .....
Bitcoin Emerging from the Underground: New Innovations to Allow Banks to Deal with Bitcoin Directly
May 06, 2021 07:10 PM AEST| By Team Kalkine MediaSummary Banks can now offer customers the ability to purchase, sell and hold Bitcoin after fintech leader FIS partnered with cryptocurrency technology firm NYDIG. The new collaboration would allow banks to provide Bitcoin services within their .....
New Cryptocurrency Index Takes Crypto Closer to Mainstream
May 05, 2021 07:49 PM AEST| By Team Kalkine MediaSummary S&P Dow Jones has launched a new series of digital asset benchmarks, further cementing the digital asset class as a mainstream option for investors. The move comes as investor demand for index-based solutions continues to grow amids.....
Can Dogecoin Hit $1 Before Elon Musk's SNL Debut?
May 05, 2021 07:19 PM AEST| By AnujDogecoin (Doge) set a fresh record high on Wednesday, May 5 (2AM EST), smashing over US$ 0.69 apiece. The meme-inspired cryptocurrency, which is also known for its Shiba Inu dog-mascot, currently has a market capitalization of over US$ 89 billion, ac...
Ethereum creator becomes a billionaire at just 27 as the crypto price surges
May 05, 2021 04:26 PM AEST| By Team Kalkine MediaSummary Ethereum has reached a unit value of AU$4,291 for the first time in its history. The sudden surge of the second largest cryptocurrency has made its creator, Vitalik Buterin, a billionaire. A massive upsurge in the trading of Non-Fungib.....
S&P Dow Jones Indices test the waters in digital assets
May 05, 2021 11:56 AM AEST| By Furquan MoharkanIn what seems to add deeper mainstream hue to cryptocurrencies, the world’s largest index provider – S&P Dow Jones Indices (S&P DJI) – has announced the launch of its digital asset benchmarks named S&P Digital Market I.....
Doge To The Moon! Dogecoin Hits Record High Ahead Of Musk’s SNL Debut
May 05, 2021 01:56 AM AEST| By AnujCryptocurrency Dogecoin surpassed Stellar to take the fourth position in terms of market cap after it recorded an all-time high of US$ 0.495439 apiece on Tuesday, 4 May (4:15AM EST). The meme token climbed as much as 26 per cent and pushed its marke...
XRP Makes Waves, Soars 40% in the Past Week
May 04, 2021 03:50 PM AEST| By Team Kalkine MediaSummary Cryptocurrency Ripple (XRP) has gained a 3% market share, having risen 40% in the past seven days. Ripple, first launched in 2012, was designed to improve upon the limitations of Bitcoin (BTC) by creating a more sustainable digital asse.....
Ethereum Crosses $3K-Mark To Hit All-Time High. What Next?
May 03, 2021 07:06 PM AEST| By Team Kalkine MediaEthereum (Ether), the second largest crypto by market cap, surpassed the US$ 3,000-mark for the first time ever on Sunday, May 2. The blockchain giant hit multiple record highs last week as the European Investment Bank (EIB) issued its digital bonds...
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