News
Bitcoin Price Dips: Could This Be the Beginning of a New Downtrend?
July 24, 2024 01:39 PM AEST| By Team Kalkine MediaBitcoin Price Struggles Below $68,500 Resistance: Potential for Further Decline Below $65,500 Support,Bitcoin,has encountered resistance at the $68,500 level, initiating a correction phase. It is now trading below $66,500 and the 100-hourly simple mo...
Catalina Resources (ASX: CTN) closes June quarter with promising gold and REE assays
July 24, 2024 01:10 PM AEST| By Aditi SarkarHighlights,Significant mineralisation in rare earth elements (REE) and goldhighlighted through resampling at the Laverton project.,The company plans to conduct follow-up aircore drilling at Laverton to further delineate gold and REE targets before po...
Australian Shares Slip After US Market Decline
July 24, 2024 12:52 PM AEST| By Team Kalkine MediaAustralian shares experienced a decline at midday, following a downward trend in US markets. The benchmark S&P/ASX 200 Index fell by 0.1%, or 4.1 points, to 7967. This dip was influenced by losses in the,ASX energy sector,, reflecting the 0.1% drop i...
US Regulators Greenlight Ether ETF in Major Crypto Milestone
July 24, 2024 10:46 AM AEST| By Team Kalkine MediaUS Regulators Approve First Ether,ETFs,,Marking Major Crypto Milestone,US regulators have approved the first,exchange-traded funds,(ETFs) that invest directly in ether, the world's second-largest cryptocurrency, providing a significant boost to the $...
Perpetual (ASX:PPT) Loses $12.4 Billion in Assets
July 24, 2024 10:25 AM AEST| By Team Kalkine MediaIn the fourth quarter, Perpetual (ASX:PPT) experienced a significant reduction in its assets under management (AUM), which decreased by $12.4 billion, bringing the total to $215 billion at the end of June. This represents a decline from the $227.4 bi...
ASX 200 Poised to Rise; US Futures Slip Amid Tesla, Alphabet Earnings and Pilbara Minerals Report
July 24, 2024 09:53 AM AEST| By Team Kalkine MediaAs of 8:30 am AEST,,ASX 200,futures are trading 11 points higher, up 0.13%.,Overnight, major US benchmarks ended slightly lower, with small-cap stocks outperforming. Alphabet reported its earnings after the bell, resulting in a 1.6% drop in its share...
SEC Continues Battle with Ethereum and Consensys
July 23, 2024 09:21 PM AEST| By Team Kalkine MediaRecent developments surrounding the Securities and Exchange Commission (SEC) have stirred up significant debate and concern within the,cryptocurrency,community, contrary to some initial perceptions of easing hostility.,Persistent Regulatory Challenge...
Trump Signals Potential Support for Tech and Crypto Innovation
July 23, 2024 09:08 PM AEST| By Team Kalkine MediaFormer President Donald Trump's recent remarks at the Republican National Convention (RNC) have sparked interest within the tech and,cryptocurrency,communities, hinting at a possible shift towards embracing innovation in these sectors.,Crypto and Blo...
Bitcoin Trader Warns of Price Peak After $530M ETF Inflows
July 23, 2024 09:05 PM AEST| By Team Kalkine MediaIn the dynamic world of cryptocurrency markets, Bitcoin (,BTC,) finds itself at a critical juncture, with recent institutional interest potentially setting the stage for a spate of profit-taking and price volatility.,Recently, popular trader Skew iss...
US Bitcoin ETFs Set New Record with $17 Billion in Inflows
July 23, 2024 09:02 PM AEST| By Team Kalkine MediaIn a watershed moment for the,cryptocurrency market,, US Bitcoin spot exchange-traded funds (ETFs) have collectively amassed over $17 billion in net inflows, marking a significant milestone in institutional adoption.,Record-Breaking Inflows,According...
How is EarlyBirds Empowering Businesses Towards Environmental Sustainability?
July 23, 2024 06:29 PM AEST| By Aditi SarkarHighlights,EarlyBirds helps businesses incorporate sustainability into their core operations.,EarlyBirds’ ecosystem maps offer organisations a holistic perspective of the sustainability landscape, enabling them to identify areas for improvement and i...
Cettire (ASX: CTT) eyes higher revenue contribution from active and repeat customers
July 23, 2024 05:01 PM AEST| By Team Kalkine MediaHighlights,Cettire is an online retailer offering vast range of in-demand luxury goods,In 1HFY24, the company recorded 89.79% YoY rise in gross revenue to AUD 460.53 million,Mintz (Dean) has the maximum stake in the company with a shareholding of ~29...
Quarterly Recap: BPH Energy (ASX: BPH) expands investments and strengthens financial position
July 23, 2024 03:41 PM AEST| By Sonal GoyalHighlights,BPH Energy’s investee Asset Energy made progress for the proposed well drilling at PEP 11.,The quarter saw a five-year licence renewal in the Northern Territory.,BPH raised AU$1 million through a placement.,The company closed the period wi...
Australasian Metals (ASX: A8G) highlights exploration potential of Dingo Hole high purity quartz project
July 23, 2024 12:06 PM AEST| By Sonal GoyalHighlights,The initial exploration target range for the Dingo Hole Highly Pure Quartz (HPQ) project spans from 4Mt to 42.6Mt at a post-leached SiO,2,grade between 99.37% and 99.85%.,The defined exploration target covers an area of 16 to 1.7km,2,at Di...
FDA clears Radiopharm Theranostics’ (ASX: RAD) IND for Phase 2b brain metastases imaging study
July 23, 2024 11:01 AM AEST| By Sonal GoyalHighlights,US FDA clearance has been received for the Investigational New Drug (IND) application for RAD 101.,The FDA IND approval marks a significant milestone towards commencing the Phase 2b imaging trial in brain metastases.,First patient dosing i...
ASX Set to Surge as S&P 500 Bounces Back on Strong Nvidia and Tesla Performances
July 23, 2024 10:07 AM AEST| By Team Kalkine MediaAustralian shares,are set to rise, following gains seen overseas. The Nasdaq Composite surged by 1.6% at the beginning of the week, with quarterly results from Alphabet and Tesla on the horizon. Meanwhile, the,S&P 500,climbed 1.1% to 5564.41.,Nvidia...
ASX 200 Poised to End Three-Day Slump, S&P 500 Rises with Big Tech Rebound
July 23, 2024 09:59 AM AEST| By Team Kalkine MediaASX 200,futures are showing a strong performance, trading 55 points higher and marking a 0.69% increase as of 8:30 am AEST.,The,S&P 500,had its best day since early June, driven by a rebound in tech stocks that helped recover some of the losses from...
Sims (ASX: SGM) Targets AUD 70-90mn Annual Savings from Cost Reduction Program
July 22, 2024 04:15 PM AEST| By Team Kalkine MediaHighlights,Sims is an ASX-listed firm, engaged in metal recycling and offers circular solutions for technology,In 1HFY24, the company witnessed 7.4% YoY increase in revenue to AUD 4,114.4 million,Allan Grey Australia Pty Ltd has the maximum stake in...
Surefire Resources (ASX: SRN) lists on Frankfurt Stock Exchange to expand investor base
July 22, 2024 03:36 PM AEST| By Aditi SarkarHighlights,Surefire Resources has completed a dual listing on the Frankfurt Stock Exchange (DAX) under the trading code GBL.,Listing on the DAX provides SRN with a strategic opportunity to expand its investor base and increase visibility in European...
Cancer cell therapy trial enrolment sparks 15.79% surge in Chimeric Therapeutics (ASX: CHM) shares
July 22, 2024 02:25 PM AEST| By Aditi SarkarHighlights,Chimeric Therapeutics has initiated the first-in-human Phase 1/2 trial for CHM CDH17.,Following the milestone announcement, there was a significant 15.79% surge in CHM’s shares on the ASX.,Preclinical studies demonstrated that CDH17 CAR T...
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