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Cryptocurrency
Broadening Wedge or Bull Flag? Bitcoin Shows Signs of Losing Momentum
September 02, 2024 09:16 PM AEST| By Team Kalkine MediaDespite ongoing accumulation by traders, significant market participants, and ETFs during major price dips, Bitcoin continues to exhibit diminishing momentum, raising questions about the sustainability of the current bull market.,On a weekly timefram...
24X Exchange Files Updated Application for 24/7 Crypto ETF Trading
September 02, 2024 09:15 PM AEST| By Team Kalkine Media24X National Exchange has submitted an amended application to U.S. regulators for the launch of a new securities exchange that could enable 24/7 trading of cryptocurrency exchange-traded funds (ETFs). This move, detailed in an August 27 filing, repre...
HashKey and Kaia Partner to Advance Web3 Adoption
September 02, 2024 09:14 PM AEST| By Team Kalkine MediaHashKey Group and Kaia have announced a strategic partnership aimed at advancing the adoption of Web3 technologies, following Kaia's recent rebranding from Klaytn. This collaboration is set to enhance digital finance, content creation, and security w...
OpenAI to Expand 'Capped For-Profit' Status to Attract Major Interest
September 02, 2024 06:33 PM AEST| By Team Kalkine MediaOpenAI is reportedly exploring a major overhaul of its corporate structure in preparation for a forthcoming funding round that could value the company at over $100 billion. According to a Financial Times report, the artificial intelligence firm is co...
Crypto Community Reacts to X Suspension in Brazil
September 02, 2024 06:32 PM AEST| By Team Kalkine MediaOn August 30, a Supreme Court justice in Brazil ordered the suspension of X, formerly known as Twitter, following a dispute with the platform's owner, Elon Musk.This decision has prompted significant reactions within the crypto community, with some m...
OKX Secures Crypto License in Singapore
September 02, 2024 06:31 PM AEST| By Team Kalkine MediaCrypto exchange OKX has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), allowing it to expand its services in the region. The MPI license permits OKX to facilitate cross-border money transfers and off...
Hong Kong Accepts Crypto License Application After Deadline
September 02, 2024 06:30 PM AEST| By Team Kalkine MediaHong Kong Digital Asset Xchange (HKDAEx) submitted a license application to the Hong Kong Securities and Futures Commission (SFC), marking a significant step in its efforts to secure approval for operating as a digital asset exchange. Despite missing...
Bitcoin Faces 2023 Risk if Stocks Decline 10%
September 02, 2024 06:30 PM AEST| By Team Kalkine MediaBitcoin traders are reflecting on historical patterns as the cryptocurrency's performance at the beginning of Q4 appears to follow a familiar trend. As of August 30, Bitcoin remained relatively stable around $59,500,with its price action resembling t...
Bitcoin-Collateralized Loans Can Boost Capital Velocity
September 02, 2024 06:27 PM AEST| By Team Kalkine MediaEconomic development and capital efficiency have often been impeded by outdated bureaucratic systems, inefficient processes, and antiquated technologies. This issue is particularly pronounced for long-term Bitcoin holders who face difficulties access...
Central Banks Buy Gold at Record Levels, Yet Bitcoin Outperforms
September 02, 2024 06:26 PM AEST| By Team Kalkine MediaCentral banks globally accumulated a record 483 tonnes of gold, underscoring a significant shift towards assets perceived as safe havens. According to the Kobeissi Letter, this volume surpasses the previous record of 460 tonnes set in the first half...
Coinbase Records First Crypto Transaction Between AI Agents
September 02, 2024 06:25 PM AEST| By Team Kalkine Media{Coinbase},CEO Brian Armstrong has recently overseen a significant advancement in cryptocurrency transactions, involving a process entirely managed by artificial intelligence (AI) bots. On August 30, Armstrong highlighted this achievement in a post o...
Researchers Warn Crypto Liquidations May Exceed Reported Figures
September 02, 2024 06:24 PM AEST| By Team Kalkine MediaK33 Research suggests that the reported liquidation volumes on major cryptocurrency exchanges may be significantly understated. According to Vetle Lunde, a seniorat K33 Research, exchanges like Binance, Bybit, and OKX have altered their reporting met...
Crypto Executives Aim to Raise $100K for Harris at Fundraiser
September 02, 2024 06:23 PM AEST| By Team Kalkine MediaA coalition of cryptocurrency industry figures is mobilizing support for U.S. Vice President Kamala Harris in an effort to influence her stance on digital assets should she win the presidency in November. The group, which includes the Blockchain Foun...
Solana Struggles Amid Cryptocurrency Market Downturns
September 02, 2024 06:14 PM AEST| By Team Kalkine MediaThe,cryptocurrency,market is currently experiencing a broad correction, with declining volumes impacting several digital assets, including Solana. As Bitcoin's price drops below the critical $58,000 support level, the pressure on altcoins like Solana...
Shiba Inu Community Divided Over Partnership Funds Usage
September 02, 2024 06:13 PM AEST| By Team Kalkine MediaThe Shiba Inu,cryptocurrency,community is currently engaged in a debate about how to use funds received from Welly, its fast-food partner. Over the weekend, Shiba Inu's lead developer Shytoshi Kusama introduced a proposal asking the community to vote...
Ethereum Founder Responds to Major Drop in ETH Value
September 02, 2024 06:13 PM AEST| By Team Kalkine MediaIn the,cryptocurrency,sector, Ethereum co-founder Vitalik Buterin's recent on-chain activities have caught the attention of the community, particularly those closely following the second-largest cryptocurrency. Buterin's ongoing Ethereum sell-offs ha...
Cardano Joins Chainlink Data Streams With Six Other Assets
September 02, 2024 06:12 PM AEST| By Team Kalkine MediaThe,cryptocurrency,sector continues to see new developments as Chainlink expands its Data Streams platform, now incorporating Cardano’s ADA along with six other digital assets. This integration allows users to access both on-chain and off-chain data...
XRP Struggles to Keep Pace with Market Trends
September 02, 2024 06:11 PM AEST| By Team Kalkine MediaIn the,cryptocurrency,sector, XRP has faced challenges in recent months, underperforming relative to other major assets. Despite the broader market's recovery, XRP's price growth since Q4 2023 has been relatively modest compared to its peers.,Current...
Telegram’s Financial Statement Reveals $400 Million in Crypto Holdings
September 02, 2024 04:41 PM AEST| By Team Kalkine MediaTelegram reported holding $400 million in digital assets, according to its financial statement. The messaging app, which had around four million premium users by year-end, has since seen this number rise to over five million. Despite generating $342....
Mpeppe Project Allegedly Misappropriated Funds Ahead of Casino Plans
September 02, 2024 04:40 PM AEST| By Team Kalkine MediaThe hybrid gambling, memecoin, and decentralized finance project Mpeppe, also known as MPEPPÉ or MPEPE, is currently under scrutiny for potentially orchestrating a fraudulent presale. Concerns have emerged as several participants reported paying for...
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