News

Jack Dorsey’s Tweet NFT Rakes In $2.9M, Will Musk Sell His NFT?
March 24, 2021 08:33 AM AEDT| By Anuj@Kalkine Media 2021 Twitter founder Jack Dorsey traded his first-ever tweet as a non-fungible token (NFT) for little over US$ 2.9 million on Monday, March 22. The tweet NFT was auctioned by US-based company Cent’s digital platform ‘Valu...

2 NFT Stocks To Buy: Takung (TKAT) & JFIN
March 23, 2021 10:03 PM AEDT| By AnujSource: pedrosala, Shutterstock Stocks of Takung Art Co. Ltd. (TKAT:US or NYSE: TKAT) have continued to rally and put up another stellar trading session on Monday with over 65 per cent returns, propelled by the Non-Fungible Token (NFT) craze. ...

Canada’s February ETF Sales Surge On Newly Launched Crypto ETFs
March 23, 2021 03:22 AM AEDT| By Shreya BiswasSource: DedMityay, Shutterstock Summary Of the C$ 5.8 billion that Canadian exchange-traded funds (ETFs) secured in net sales for the month of February, about C$ 1 billion is said to be coming into the newly launched cryptocurrency bitcoin fund...

NFT Explained: Here's what we know so far!
March 20, 2021 08:36 AM AEDT| By Kunal SawhneySource: Tibor Duris, Shutterstock Summary A digital only JPEG image auctioned for $69 million. image made by digital artist Mike Winkelmann; auction held at Christie's website. Non-fungible token or NFT is the digital answer to collectibles?...

Elon Musk, ‘Technoking of Tesla’, Launches NFT Theme Sound
March 17, 2021 03:23 AM AEDT| By AnujSource: Melena-Nsk, Shutterstock Tesla’s Chief Executive Officer Elon Musk's changed its Twitter profile title to "Technoking of Tesla". He derived this title from the latest official regulatory filing that also provided a title of "Master of...
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Bitcoin Plunges After Crossing $61K Amid Indian Crypto Ban Report
March 16, 2021 03:39 AM AEDT| By AnujSource: Mc_Cloud, Shutterstock Bitcoin was trading at an all-time high of US$ 61,556.59 over the weekend. On early Monday morning, the giant crypto coin started dropping amid a crypto ban report from India. The world's strongest electronic currency...

What fuelled Bitcoin’s recent push to US$61,000
March 15, 2021 12:28 PM AEDT| By Aayushh after US President Joe Biden signed a massive US$1.9 trillion economic relief package. On 13 March 2021, Bitcoin had made yet another record, surpassing the US60,000 mark for the first time. The rally in Bitcoin continues to take the largest c...

Ethereum May Hit US$3,000 As Demand-Supply Equation Changes
March 11, 2021 02:40 AM AEDT| By AnujSource: Steve Heap, Shutterstock The ongoing cryptocurrency frenzy has resulted in several corrections in the crypto market. Last week, Ethereum blockchain engineers announced one of the major revisions to the network since its inception in 2015. T...

Bitcoin Reclaims US$1 Trillion MCap As Price Hits 2-Week High
March 10, 2021 08:25 AM AEDT| By AnujSource:3Dsculptor,Shutterstock Bitcoin zoomed back to its two-week high, rallying over US$ 54,500 in early Tuesday morning trade as Wall Street investors went bullish on crypto assets. The top electronic currency token soared over 7 per to US$54,50...

Coinbase’s CEO can make billions more after the company goes public
March 08, 2021 05:47 PM AEDT| By Team Kalkine MediaSource: Momentum Fotograh, Shutterstock Summary Coinbase recently announced its plans to engage in a direct listing instead of IPO. The crypto exchange could hit a US$100-billion valuation. Brian Armstrong could make billions more if Coinbase...

Future of Bitcoin in Question As China, India Counter Crypto Wave
March 04, 2021 07:51 AM AEDT| By AnujSource: Wit Olszewski ,Shutterstock Tightening the noose on cryptocurrencies, China banned the mining of blockchain-based currency in Inner Mongolia. The world’s second largest economy also announced the closure of all crypto operations b...

5 Canadian Crypto Stocks Under C$11 To Invest In March
March 04, 2021 03:18 AM AEDT| By AnujSource: tetrisfun, Shutterstock Bitcoin has once again surpassed US$50,000 per token resistance level yesterday, and it is inches away to retain its US$ 1 trillion market cap. The giant blockchain-powered coin is expected to cross a US$ 60,0...

Are the Bubbles of Crypto Currencies Busting?
March 03, 2021 09:33 PM AEDT| By Team Kalkine MediaSource: Wit Olszewski, Shutterstock Summary Ethereum has broken the major support zone on the daily chart and delivered an impressive return of ~273 percent in the last three months. Now the Ethereum prices are trading near major hurdle around...

Is Bitcoin’s rally coming to a halt?
March 01, 2021 10:47 AM AEDT| By AayushSource: Craig Hastings,Shutterstock Summary Bitcoin has slid by almost 22 per cent last week, its worst weekly fall in over a year. Bitcoin has faced selling pressure just when the global equity markets are falling due to rising bond yiel...

Cryptocurrency Boom: Blockchain Stocks to Look for In 2021
February 27, 2021 05:37 PM AEDT| By AbhijeetSource: pedrosala, Shutterstock Summary Investors might consider taking indirect exposure in digital currencies by investing in London listed blockchain stocks. Blockchain stocks have delivered staggering returns in recent times. World&rs...

Bitcoin: A New Asset Class Or Greatest Bubble Of All Time?
February 27, 2021 08:01 AM AEDT| By Team Kalkine MediaSource: 3Dsculptor , Shutterstock Summary Bitcoin as a cryptocurrency does not completely fulfills the mandatory qualities of an asset class. Technology based on blockchain makes bitcoin attractive for online transactions and are immune t...

MicroStrategy spends US$1 billion to buy more Bitcoins
February 26, 2021 09:28 AM AEDT| By AayushSource:Yourg ,Shutterstock Summary MicroStrategy has bought 19,452 more Bitcoins for an average price of US$52,765 per Bitcoin, totalling to a whopping US$1 billion purchase. Now the company holds 90,531 Bitcoins with a current valuation of ar...

Bitcoin Mania- Bubble or Boom?
February 26, 2021 09:11 AM AEDT| By AayushSource: Phongphan,Shutterstock Every asset’s price that moves quite rapidly in a very short span of time often gets dragged into the debate of “Bubble or a Boom?”. Bitcoin has a history of encountering one of the biggest bubbles of...
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How New Zealanders Can Invest In Different Types Of Cryptocurrency
February 24, 2021 03:31 PM AEDT| By Mark O'Donnellstors from having to purchase and manage digital assets themselves. New Zealanders can invest in Cryptocurrency with little restrictions. There are many different avenues available to New Zealanders, including direct and indirect methods. The m...
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Bitcoin rally hits a roadblock; price falls after Musk's tweet
February 23, 2021 06:36 PM AEDT| By Team Kalkine Mediacoin is an unpredictable asset, fearing investors might take a hit. The most popular cryptocurrency in the world, bitcoin, sank nearly 10% on Monday, dipping below the 50K-mark at one point and traded at USD 48,383.0. Bitcoin trading is hi...
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