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Cryptocurrency
Bitcoin Plummets to $53K, Ether Dips into Negative Territory for 2024 Amid Market Panic
August 05, 2024 04:29 PM AEST| By Team Kalkine MediaHeadlines:,Crypto Market Selloff:,(Bitcoin) (BTC) and (Ether) (ETH) experienced significant declines, with BTC dropping to February levels and ETH falling to prices not seen since December. Over the past 24 hours, BTC is down 12% and ETH has lost 21%...
Ether Drops 20% Following $46M ETH Transfer by Trading Firm
August 05, 2024 03:45 PM AEST| By Team Kalkine MediaHeadlines:,Ether Price Drop: Ether,(ETH) fell by 20% within 24 hours, reaching a seven-month low of under $2,100 during Monday's Asian trading hours, following large transfers of ETH to centralized exchanges by a major trading firm.,Jump Trading's Mo...
Is Bitcoin Heading Toward a New Price Peak?
August 05, 2024 12:00 AM AEST| By Team Kalkine MediaBitcoin, the leading cryptocurrency, is currently experiencing significant speculation regarding its potential macro price top. Analysts are divided on whether (,Bitcoin,) could reach as high as $120,000 or if the price peak will be more conservative...
Will Ethereum Price Drop Below $2.8K?
August 05, 2024 12:00 AM AEST| By Team Kalkine MediaEthereum (ETH) is currently at a pivotal point that could influence not only its own price trajectory but also impact (Bitcoin) market dynamics. Traders have identified a crucial support level for Ether, and its ability to maintain this level could d...
2 Challenges Facing Solana and Other Altcoin ETFs
August 05, 2024 12:00 AM AEST| By Team Kalkine MediaThe possibility of Solana and Cardano being approved as spot exchange-traded funds (ETFs) in the United States faces significant hurdles, according to Katalin Tischhauser, head of investment research at Sygnum Bank. Tischhauser's comments echo a broa...
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Crypto Market Experiences Largest Sell-Off in a Year
August 05, 2024 12:00 AM AEST| By Team Kalkine MediaThe cryptocurrency market has recently endured its most severe three-day sell-off in nearly a year, erasing approximately $510 billion from its total market capitalization since August 2. This dramatic downturn in,cryptocurrency,has been influenced b...
Jump Crypto Moves $315M of ETH to Exchanges
August 05, 2024 12:00 AM AEST| By Team Kalkine MediaJump Crypto, the digital asset division of Jump Trading, has recently stirred significant speculation within the cryptocurrency community due to its substantial transfers of digital assets. This series of transactions, involving hundreds of millions...
Bitcoin’s Wyckoff Pattern Signals Rebound Despite Market Uncertainty
August 05, 2024 12:00 AM AEST| By Team Kalkine MediaThe current Bitcoin sell-off, driven by escalating recession risks in the United States, casts a shadow over the cryptocurrency’s near-term outlook. Despite (,Bitcoin,)’s recent decline, which has seen it fall below $60,000—a drop of over 4% in the p...
Will Bitcoin Be Used for $35T National Debt Repayment?
August 05, 2024 12:00 AM AEST| By Team Kalkine MediaFormer President Donald Trump has recently proposed an unconventional approach to address the United States’ burgeoning national debt, suggesting that,(Bitcoin),or a “crypto check” could be utilized to manage the staggering $35 trillion liability. In...
Bitcoin Targets $58K CME Gap After 8% Price Drop
August 05, 2024 12:00 AM AEST| By Team Kalkine MediaBitcoin's recent descent below $59,000 marks its lowest point since mid-July, reflecting a continuation of intense selling pressure in the market. The cryptocurrency has struggled to maintain upward momentum amid a backdrop of increasing bearish sent...
5 Bitcoin Insights for this Week
August 05, 2024 12:00 AM AEST| By Team Kalkine MediaIn an unprecedented downturn, Bitcoin has suffered a dramatic $20,000 decline within a week, while,Ethereum,has retreated by nearly 40%. This sharp drop in cryptocurrency values coincides with a sweeping correction across global stock markets, highli...
Crypto Hackers Buy Ethereum Dip with Illegally Acquired Funds
August 05, 2024 12:00 AM AEST| By Team Kalkine MediaIn a striking development, cryptocurrency hackers have capitalized on the recent market downturn by purchasing 16,892,Ether,(ETH) at a significant discount using stolen funds from the 2022 Nomad bridge hack. This opportunistic move highlights the ong...
Grayscale Ethereum ETF Faces More Than $2B in Outflows
August 05, 2024 12:00 AM AEST| By Team Kalkine MediaA significant shift was observed in the flows of spot Ethereum exchange-traded funds (ETFs), with the Grayscale Ethereum Trust (ETHE) experiencing substantial outflows. This development comes amid broader changes in the ETF landscape, reflecting a co...
Bitcoin Falls Below $50K as Crypto Market Plunges 17%
August 05, 2024 12:00 AM AEST| By Team Kalkine MediaBitcoin has experienced a significant decline, falling below $50,000 for the first time since February. The cryptocurrency hit a low of $49,351 before a modest rebound toward $51,000. As,Bitcoin,'s dominance soars to 58%, the broader cryptocurrency m...
Crypto Futures Face $840M in Liquidations as Bitcoin Plummets and Ether Sees Largest Drop Since 2021
August 04, 2024 11:53 PM AEST| By Team Kalkine MediaHighlights:,The market sell-off led to over $840 million in liquidations for crypto-tracked futures in the past 24 hours, with (Ether) (ETH) futures alone accounting for $304 million.,More than 200,000 traders faced liquidations, including the larges...
Bitcoin Price Falls to $62K Support, but Derivatives Metrics Suggest Bullish Signs
August 02, 2024 03:50 PM AEST| By Team Kalkine MediaBitcoin’s price has recently experienced a correction, dropping 5.5% between July 31 and August 1, reaching a low of $62,498. This decline marks the,cryptocurrency,’s lowest level in over two weeks. The price movement is attributed to reduced expecta...
How Long Will Bitcoin’s Price Consolidation Continue?
August 02, 2024 03:49 PM AEST| By Team Kalkine MediaBitcoin’s price has experienced a prolonged period of consolidation since the halving event on April 20, 2024. The,cryptocurrency,has been trading within a range of $58,000 to $72,000. Despite the current price stagnation, analysts suggest that a sig...
Ethereum’s Strong $2,860 Support May Lead to a $4,500 Target
August 02, 2024 03:43 PM AEST| By Team Kalkine MediaEthereum has demonstrated notable resilience, maintaining a support level of $2,860 that has been tested multiple times since early July. According to insights from Deribit, the recent approval of,Ethereum,exchange-traded funds (ETFs) is poised to pr...
Is Crypto Ready for Its Next Phase?
August 02, 2024 03:40 PM AEST| By Team Kalkine MediaThe recent launch of spot Bitcoin and Ether exchange-traded funds (ETFs) in the United States has generated significant interest, but crypto has yet to break out beyond its core investor base. The approximately $60 billion invested in these funds thi...
Why Is Solana (SOL) Price Sinking?
August 02, 2024 03:36 PM AEST| By Team Kalkine MediaWhy Is Solana (SOL) Price Sinking?,Solana’s price has experienced a significant decline, dropping 8% within a 24-hour period and currently hovering around the critical support level of $165. This sharp movement has triggered a liquidation of over $40...
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