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Cryptocurrency
Fed’s ‘Sugar High’ Could Drive Bitcoin Surge
August 29, 2024 05:34 PM AEST| By Team Kalkine MediaArthur Hayes, co-founder of BitMEX, has recently drawn a parallel between the Federal Reserve’s monetary policy actions and a temporary economic boost akin to a "sugar high," highlighting potential ripple effects on Bitcoin and the broader cryptocurr...
TON Resumes Operation After Second DOGS-Related Outage in 36 Hours
August 29, 2024 05:33 PM AEST| By Team Kalkine MediaThe Open Network (TON) has resumed full functionality after experiencing two significant outages within a 36-hour period, attributed to a surge in network activity triggered by the launch of a new memecoin,,{Dogs},(DOGS),.,The TON network faced its f...
Bitcoin Assets of Listed Firms Surge to $20B in One Year
August 29, 2024 05:32 PM AEST| By Team Kalkine MediaA recent survey has revealed that 26% of institutional investors and wealth managers support the use of Bitcoin as a reserve asset. This endorsement is reflected in the substantial increase in Bitcoin holdings among publicly listed companies, which h...
ICP Project Hosts First 'Fully On-Chain' AI Model
August 29, 2024 05:31 PM AEST| By Team Kalkine MediaArtificial intelligence firm DecideAI has achieved a notable milestone by deploying OpenAI’s GPT-2 on the,{Internet Computer},(ICP),blockchain. This deployment, announced on August 28, represents a significant development in the integration of AI mod...
OpenAI Endorses California Bill for AI Content Labeling
August 29, 2024 05:30 PM AEST| By Team Kalkine MediaOpenAI has expressed support for California Assembly Bill 3211(AB 3211), which proposes the implementation of watermarks on AI-generated content, marking a shift in the company’s stance on AI-related legislation. The endorsement follows OpenAI's prev...
Polygon (MATIC) Shows Reversal Amid Surge in On-Chain Activity
August 29, 2024 03:48 PM AEST| By Team Kalkine MediaRecent data indicates increased on-chain activity for the Ethereum layer-2 network Polygon, although the token's price remains at depressed levels. A “notable spike” in both active addresses and the reactivation of dormant coins on the Polygon networ...
Nvidia’s Q2 Earnings: A Potential Turning Point for the AI Industry
August 29, 2024 03:47 PM AEST| By Team Kalkine MediaNvidia is scheduled to release its second-quarter earnings report after market close, an event analysts are heralding as one of the most significant for the U.S. economy this year. The company’s performance is closely watched due to its impressive gr...
Blockchain as a Web3 Solution for Overcoming AI Data Silos and Restoring Privacy
August 29, 2024 03:46 PM AEST| By Team Kalkine MediaWith the rise of artificial intelligence(AI), both consumers and businesses are increasingly integrating AI-driven solutions to enhance productivity and drive innovation. However, this surge in AI usage brings up a critical question: what happens to...
OpenSea Marketplace Receives Wells Notice from SEC
August 29, 2024 03:45 PM AEST| By Team Kalkine MediaDevin Finzer, CEO of the NFT marketplace OpenSea, has announced that the company received a Wells notice from the U.S. Securities and Exchange Commission (SEC), signaling a enforcement action. This notice suggests that NFTs traded on the platform may...
Will Bitcoin Achieve a Green Monthly Close Above $64.3K?
August 29, 2024 03:44 PM AEST| By Team Kalkine MediaBitcoin's performance has been marked by a notable summer lull, with the cryptocurrency struggling to surpass the $60,000 level. As August draws to a close, Bitcoin would need to achieve a monthly closing price above $64,300 to end the month on a pos...
Bitfarms Takes Over 120 MW Mining Mega-Site in the US
August 29, 2024 03:03 PM AEST| By Team Kalkine MediaBitfarms has expanded its operations significantly with the acquisition of its first major data center in the United States, located in Sharon, Pennsylvania. This new facility marks the company's entry into the U.S. market with access to up to 120 me...
Bitcoin Runes Sees 15.6M NFT Transactions, Weekly Volumes Turn Positive
August 29, 2024 03:02 PM AEST| By Team Kalkine MediaIn the latest industry updates, notable developments include the launch of a new token by Magic Eden, substantial activity in the Bitcoin Runes protocol, and positive shifts in NFT market volumes.,Magic Eden Expands with New Token,Magic Eden, a promi...
HashKey Introduces AVA and LINK Trading for Retail Investors in Hong Kong
August 29, 2024 03:01 PM AEST| By Team Kalkine MediaRetail cryptocurrency options in Hong Kong have expanded following the recent approval of Avalanche and Chainlink for listing on Hashkey, a fully licensed exchange in the region. Previously, retail investors in Hong Kong had access only to Bitcoin an...
Web3 CEO Explains Bitcoin's Role in AI Data Provenance
August 29, 2024 03:00 PM AEST| By Team Kalkine MediaWith the rise of artificial intelligence, the proliferation of deep fake images, sophisticated phishing attacks, and misinformation has increasingly compromised the authenticity of online content. In this landscape, Bitcoin may offer a solution for e...
Crypto Advocates Criticize SEC Notice Issued to OpenSea
August 29, 2024 02:58 PM AEST| By Team Kalkine MediaThe United States Securities and Exchange Commission (SEC) has issued a Wells notice to OpenSea, a leading non-fungible token (NFT) marketplace, prompting significant reactions from the cryptocurrency and blockchain sectors. This notice is a prelimin...
Bitcoin Traders’ Excessive Optimism Eroded as BTC Futures Shift to Neutral
August 29, 2024 02:08 PM AEST| By Team Kalkine MediaThe Bitcoin futures premium has reached its lowest point in ten months, yet traders have maintained a cautious optimism despite recent market turbulence. Between August 25 and August 27, Bitcoin’s price dropped by 10.8% after briefly surpassing $65,0...
Bitcoin Trading at 11x S&P 500 Suggests BTC May Be 'Rolling Over'
August 29, 2024 02:07 PM AEST| By Team Kalkine MediaBitcoin continues to face challenges in the risk asset landscape, according to Mike McGlone, senior commodity strategist at Bloomberg Intelligence. McGlone's recent analysis suggests that Bitcoin may no longer lead the race among risk assets, despite...
AI Crypto Tokens Fluctuate Following Nvidia's Mixed Earnings
August 29, 2024 02:06 PM AEST| By Team Kalkine MediaArtificial intelligence-related cryptocurrencies experienced a notable decline following Nvidia’s second-quarter 2024 earnings report, which, while surpassing Wall Street estimates, failed to meet market anticipations. The report revealed a 15% reven...
Price Review: BTC, ETH, BNB, SOL, XRP
August 29, 2024 02:04 PM AEST| By Team Kalkine MediaBitcoin’s recent decline below $60,000 has highlighted near-term weakness, but long-term trends suggest ongoing bullish sentiment. Bitcoin remains volatile within the $55,724 to $73,777 range, making future breakout directions uncertain. Despite this...
Nvidia Q2 Revenue Exceeds Expectations, Setting Record for AI Sector
August 29, 2024 02:03 PM AEST| By Team Kalkine MediaNvidia’s recent Q2 earnings call has set a bullish tone for the artificial intelligence sector, as the company reported a revenue of $30 billion, surpassing prior estimates by approximately $2 billion. CFO Colette Kress highlighted that this figure e...
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