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Cryptocurrency
Bitcoin Set for $150K Surge, but Sellers May Impact Rally
August 27, 2024 05:58 PM AEST| By Team Kalkine MediaBitcoin is approaching a critical period that one Jamie Coutts from RealVision, has termed "batshit season" or the Banana Zone. Coutts suggested that if Bitcoin follows historical bull market trends, it could potentially reach $150,000 by the end of...
Stacks' Nakamoto Upgrade Poised to Transform DeFi on Bitcoin
August 27, 2024 05:57 PM AEST| By Team Kalkine MediaThe Stacks Network is set to undergo a significant transformation with the activation of its Nakamoto Upgrade on August 28. This upgrade marks the largest enhancement in the network’s history and promises to reshape the landscape for decentralized fi...
EigenLayer's EigenDA to Enable Layer-2 Native Token Restaking
August 27, 2024 05:56 PM AEST| By Team Kalkine MediaEigenDA, a data availability protocol from EigenLayer, has expanded its capabilities to support native token restaking for layer-2 scaling networks. This update, announced on August 26, introduces the ability for users to restake layer-2 tokens in ad...
President Trump and New York Governor Propose Transition to Nuclear Energy
August 27, 2024 05:55 PM AEST| By Team Kalkine MediaNuclear energy is gaining traction as a solution to meet ambitious climate goals and address significant energy demands. According to data from SMR Nuclear, nuclear power plants collectively produce approximately 441,398,880 megawatt-hours of energy...
Rumpel Labs to Introduce Platform for Tokenizing Airdrop Points
August 27, 2024 03:00 PM AEST| By Team Kalkine MediaRumpel Labs is set to introduce a new decentralized finance (DeFi) protocol in September aimed at overcoming the limitations of traditional airdrop models. The protocol will enable users to tokenize and trade airdrop points, according to an announcem...
Argentina Integrates Ethereum into Buenos Aires High School Curriculum
August 27, 2024 02:59 PM AEST| By Team Kalkine MediaHigh schools in Buenos Aires will soon offer blockchain internships as part of an initiative to integrate Ethereum and blockchain technology into the educational curriculum. This development follows a collaboration between Argentina’s Ministry of Edu...
Bitcoin Miner Rhodium Files for Bankruptcy in Texas
August 27, 2024 02:58 PM AEST| By Team Kalkine MediaRhodium Enterprises, a Bitcoin mining firm, has filed for voluntary bankruptcy under Chapter 11 in the United States Bankruptcy Court for the Southern District of Texas. The bankruptcy petition, submitted on August 24, reveals that the company’s liab...
Ethereum's 40-Month Decline Against Bitcoin Unlikely to Lead to Dollar
August 27, 2024 02:57 PM AEST| By Team Kalkine MediaThe correlation between the ETH/BTC pair and the US Dollar Index (DXY) has intensified as market participants anticipate the Federal Reserve’s rate decision in September. Ether, the native cryptocurrency of the Ethereum network, has declined by appro...
Crypto Investment Products Experience Highest Inflows in Five Weeks
August 27, 2024 02:56 PM AEST| By Team Kalkine MediaBitcoin experienced an 8% increase in value amidst a significant rise in inflows to Bitcoin-related exchange-traded products (ETPs). According to a report by CoinShares released on August 26, digital asset investment products saw substantial weekly i...
Market Overview 8/26: SPX, DXY, BTC, ETH, BNB
August 27, 2024 02:20 PM AEST| By Team Kalkine MediaBitcoin and altcoins are experiencing some profit-taking today, yet the overall uptrend remains intact. Bitcoin, currently trading near $62,923, has rebounded sharply from its August low of $49,000. Historically, Bitcoin has struggled to maintain gai...
Four Factors That Could Lead Bitcoin to $60K Before $70K
August 27, 2024 02:19 PM AEST| By Team Kalkine MediaBitcoin experienced its largest weekly return of 10% since early July, driven by a favorable speech from United States Federal Reserve Chair Jerome Powell regarding rate cuts in September. Bitcoin's price surpassed $62,000 for the first time since Au...
Bitcoin’s Weekend Rally Stalls Below $64K Professional Traders Adopt Neutral Stance
August 27, 2024 02:18 PM AEST| By Team Kalkine MediaDespite Bitcoin's notable price rally over the weekend, professional traders in the BTC derivatives market have not yet shown significant enthusiasm. On August 23, Bitcoin surged by 6.2%, reaching levels not seen in three weeks, and has since stabili...
Bitcoin Liquidity Drops to $62.5K as BTC Price Faces Challenges at US
August 27, 2024 02:17 PM AEST| By Team Kalkine MediaBitcoin’s price momentum has stalled as Wall Street resumed trading on August 26, revealing an unexpected lack of progress despite recent macroeconomic news. it indicates a short-term correction in BTC’s price.,Bitcoin’s performance showed signs of w...
PayPal's Stablecoin Achieves $1 Billion Market Capitalization
August 27, 2024 02:16 PM AEST| By Team Kalkine MediaPayPal’s stablecoin, PayPal USD (PYUSD), has surpassed $1 billion in total market capitalization, according to data from CoinMarketCap. Launched in 2023, PYUSD is a US dollar-pegged stablecoin issued by Paxos Trust Company, a regulated crypto custodi...
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Ripple CBDC VP’s Comments Spark High XRP Price Target
August 27, 2024 12:00 AM AEST| By Team Kalkine MediaRecent remarks by Ripple’s Vice President of Central Bank Digital Currencies (CBDC) have led to a bold target of 10,000 XRP being proposed by a prominent figure in the,cryptocurrency,space. This ambitious target follows statements made by Ripple’s ex...
Solana Coin WIF Pulls Back Amid Increased Whale Activity
August 27, 2024 12:00 AM AEST| By Team Kalkine MediaA prominent,cryptocurrency,The Solana-based meme coin, WIF, has recently encountered a pullback despite a noticeable increase in whale transactions. This adjustment in WIF's price follows a period of heightened trading activity among significant mark...
Bitcoin Reaches $65,000 as ETF Inflows Increase Amid Fed Speculation
August 27, 2024 12:00 AM AEST| By Team Kalkine MediaBitcoin, the largest,cryptocurrency,, reached $65,000 on Monday, driven by a renewed surge in demand for U.S. exchange-traded funds (ETFs) and anticipation of changes in Federal Reserve policy. After peaking at $65,000, Bitcoin settled at $64,000 in...
Meta and Spotify CEOs Warn That EU AI Rules Could Stifle Innovation
August 26, 2024 09:00 PM AEST| By Team Kalkine MediaConcerns about AI regulations have emerged prominently, with Meta CEO Mark Zuckerberg and Spotify CEO Daniel Ek highlighting potential impediments to innovation in the European Union. On August 24, 2024, both executives released statements expressing...
Bitcoin Price Dip: Key Updates and Insights for the Week Ahead
August 26, 2024 08:59 PM AEST| By Team Kalkine MediaBitcoin is approaching the end of August with a notable recovery, as the cryptocurrency battles to reverse its earlier decline. The recent rebound in Bitcoin(BTC) price action is pushing towards $65,000, marking a significant turnaround from the mont...
New AI Interest to Drive Growth in AI-Powered DApps
August 26, 2024 08:58 PM AEST| By Team Kalkine MediaDuring the initial coin offering (ICO) boom, numerous projects raised substantial funds, yet many have struggled to maintain relevance or have become inactive. A notable ICO project reveals that significant capital does not always guarantee success.,...
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