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Cryptocurrency
Bitcoin 'Time to Buy' Ad Banned by the UK Watchdog for Being Misleading
May 27, 2021 06:14 PM AEST| By Suhita PoddarThe UK's Advertising Standards Authority (ASA) has banned Bitcoin buying ad by Luno, terming it as misleading and irresponsible. The UK watchdog stated the campaign as persuasive, which failed to convey that investment in cryptocurrencies are volat.....
Elon Musk’s Dogecoin Preference Backed By “Dogs and Memes”
May 26, 2021 07:03 PM AEST| By Team Kalkine MediaTesla Chief Executive and esoteric cryptocurrency enthusiast Elon Musk tweeted over the weekend why he backs Dogecoin over other cryptos like Bitcoin and Ethereum. In response to a tweet asking why he chooses Dogecoin over other cryptos currently .....
Crypto Day Traders a Big Cause of Crash
May 26, 2021 03:25 PM AEST| By Team Kalkine MediaSummary Crypto day traders taking excessive positions on crypto were a major cause of Bitcoin’s massive fall in the past week. China’s tightening of regulations and Tesla CEO Elon Musk’s recent comments and announcements regar.....
What Is Polygon (MATIC) Crypto? What Is Its Price Prediction?
May 25, 2021 08:08 PM AEST| By AnujPolygon (formerly Matic Network) is an easy-to-navigate blockchain platform for Ethereum infrastructure scaling and expansion. Its core components support the development of multiple forms of decentralized applications. The blockchain’s cryp.....
Have you sold all your Bitcoins? Sustainability Versus Risk
May 25, 2021 05:04 PM AEST| By Team Kalkine MediaSummary Bitcoin has lost almost 50% of its value since April when it hit a high of US$65,000, leading to serious concerns about its future and whether it should be considered a viable investment. Goldman Sachs revealed yesterday that Ethereum, .....
Why Is Goldman Sachs Calling Cryptocurrencies A New Asset Class?
May 25, 2021 03:48 PM AEST| By AbhijeetSummary Investment bank Goldman Sachs in a note suggested that cryptocurrencies could become a new asset class. Cryptocurrencies suffered a free fall over the weekend, after the earlier rally it saw. The market recovered slightly on Monday mor.....
Musk’s tweet sways cryptocurrencies again, Bitcoin leaps 10%
May 25, 2021 10:43 AM AEST| By Furquan MoharkanThe prices of various cryptocurrencies went soaring after a tweet from billionaire CEO of Tesla Inc (NYSE:TSLA)– Elon Musk. Overnight, Mr Musk tweeted about sustainability of the digital coin. “Spoke with North American Bitcoin miners......
Cryptocurrencies Across the World Experience a Free-Fall over the Weekend
May 24, 2021 03:10 PM AEST| By Team Kalkine MediaThe global cryptocurrency market has suffered considerable losses in the past 24 hours as several of the most prominent digital currencies struggle to maintain the record highs achieved one month ago. The price of the world’s largest cryptoc.....
Post Crypto Crash, What Are Bitcoin's Resistance & Support Levels?
May 22, 2021 02:54 AM AEST| By AnujAfter the cryptocurrency market crash on Wednesday, May 19, Bitcoin (BTC) has settled at its support level of US$ 38,000 for the last two trading days. However, crypto analysts have varied resistance level predictions for the volatile token. Bitcoin...
Elon Musk Calls for Renewable Energy Audits by Bitcoin Miners
May 21, 2021 04:57 PM AEST| By Team Kalkine MediaTesla (NASDAQ:TSLA) CEO and Bitcoin flip-flopper Elon Musk said on Thursday that concerns about Bitcoin’s environmental impact could be addressed by audits of renewable energy used by its miners. Source: © Niserin | Megapixl.com In a.....
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Crypto Market Rollercoaster: Musk's ‘Manipulation’ Or Frenzied Buying?
May 20, 2021 10:40 PM AEST| By AnujThe cryptocurrency market saw an unusual convergence of bearish fundamentals on Wednesday, May 19, triggering a massive plunge across all digital coins. Later in the day, however, crypto analysts were left scratching their heads as Bitcoin prices ma...
How did the Latest Crash affect Cryptocurrencies’ YTD Returns?
May 20, 2021 07:18 PM AEST| By Team Kalkine MediaSummary Several major cryptocurrencies experienced devastating dives yesterday, including Bitcoin and Ethereum. Although many cryptocurrencies lost big, they still mainly offer a positive year-to-date (YTD) return. Several cryptocurrencies.....
Just How Tethered is Tether?
May 20, 2021 04:01 PM AEST| By Team Kalkine MediaSummary Tether is what’s known as a ‘stablecoin’ which is a crypto somehow tied to an external source like currency or precious resources. Tether released a “breakdown” of its capital reserves to assure the public .....
Is the wild ride still on for these five cryptocurrencies?
May 20, 2021 03:02 PM AEST| By AayushSummary The crypto space seems to have taken a tumultuous U-turn, having enjoyed a one-sided rally since October last year. China has knocked out the crypto bulls off the ring by banning cryptos completely. On the charts, Bitcoin is being seen.....
Five cryptocurrencies that lost more than 50% in 24 hours
May 20, 2021 12:18 PM AEST| By Furquan MoharkanThe cryptocurrency market has collapsed – marking its biggest single day loss in history. Bitcoin crumbled by 30% while Ethereum plummeted 44% -- all within 24 hours. But they aren’t the biggest losers still. The seven biggest losers in.....
Coinbase Stock Hits Record Low As Bitcoin Nosedives
May 20, 2021 08:50 AM AEST| By Kiran MuraliSummary Coinbase stock marked its record low of US$208 in Wednesday’s trading. Bitcoin plunged as much as 29 percent before regaining some of the losses. Coinbase users experienced an outage while logging in for trading and balance check.....
Finally, There’s Bitcoin Pizza. But It Doesn't Accept Bitcoin!
May 20, 2021 03:32 AM AEST| By Team Kalkine MediaBitcoin has been in the spotlight lately. Despite the volatile nature of the digital currency, crypto enthusiast Anthony Pompliano has come up with a business venture to fund the development of cryptocurrencies. The blockchain technology and digital...
Crypto Market Crashes! US$1 Trillion Wiped Off In 5 Days
May 20, 2021 12:31 AM AEST| By AnujVirtual currencies plummeted sharply on Wednesday, May 19, leading to a massive sell-off in worldwide crypto markets. Prices of top crypto coins like Bitcoin, Ethereum, Cardano and Dogecoin has tumbled sharply. Combined value of nearly 10,000...
Chinese ban adds to Bitcoin’s woes, price sinks 8%
May 19, 2021 12:48 PM AEST| By Furquan MoharkanThe prices of Bitcoin tumbled 7.6% after the world’s second largest economy, China, banned financial institutions from offering Bitcoin and all other cryptocurrency services to clients. This was announced in a joint statement by the National.....
Elon Musk’s Flip-Flop Relationship with Crypto Oozes Irony
May 18, 2021 08:09 PM AEST| By Team Kalkine MediaThere have been few relationships that have captured the public’s imagination, like Elon Musk’s relationship with Bitcoin. Brad and Jen. Kim and Kanye. J-Lo and A-Rod. Brad and Angelina. And now Elon and Bitcoin or “Elcoin” .....
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