News
Telegram Game Catizen Hits 800K Paying Users in First 6 Months
September 09, 2024 02:41 AM EDT| By Team Kalkine MediaOn September 7, Catizen, a Telegram mini-app developed by PLUTO Studio, announced that it has reached 34 million users within its first six months of operation. Catizen, a tap-to-earn and play-to-airdrop gaming platform, has also claimed the top reve...
Bitcoin May Surge as Next Generation of Investors Matures
September 09, 2024 02:40 AM EDT| By Team Kalkine MediaSuze Orman, renowned financial advisor and host of the "Women & Money" podcast, recently expressed a positive outlook on Bitcoin while recommending the use of exchange-traded funds (ETFs) for exposure. In an interview with CNBC, Orman highlighted the...
Canadian Economic Activity Contracts for the First Time in Over a Year
September 09, 2024 02:00 AM EDT| By Team Kalkine MediaCanadian economic activity took a downward turn in August, marking its first contraction in 13 months, according to the latest data from the Ivey Purchasing Managers Index (PMI) released on Friday. The decline reflects a significant slowdown in emplo...
Sonic Blockchain Achieves Record 720ms Finality in Testnet
September 09, 2024 01:20 AM EDT| By Team Kalkine MediaThe Sonic blockchain has demonstrated remarkable transaction finality during its testnet phase, achieving a finality of 720 milliseconds (ms). Transaction finality refers to the point at which a transaction is considered irreversible and securely rec...
Is XRP Quietly Positioning for a Rally to $1?
September 09, 2024 01:20 AM EDT| By Team Kalkine MediaXRP is displaying a potentially bullish reversal pattern on its weekly chart, which could signal a significant price rebound in the near future. Despite a year-to-date decline of over 15%, while other cryptocurrencies have generally risen by around 2...
Roaring Kitty’s Cryptic X Post Drives 28% Jump in Solana CHEWY Memecoin
September 09, 2024 01:19 AM EDT| By Team Kalkine MediaThe Chewy token, a,{,Solana},(SOL),based memecoin, has surged nearly 28% following a cryptic social media post by Keith Gill, known as "Roaring Kitty." Gill, who gained notoriety for his role in the GameStop short squeeze, returned to social media af...
Arthur Hayes Forecasts Bitcoin Rally After Closing Short Position
September 09, 2024 01:18 AM EDT| By Team Kalkine MediaBitcoin may experience a potential rally next week, influenced by expected increases in liquidity from the Federal Reserve. Arthur Hayes, former CEO of the BitMEX cryptocurrency exchange, recently closed his short position on Bitcoin. Initially, Haye...
Stacks' Smart Contracts Hit Record High Before Nakamoto Upgrade
September 09, 2024 01:17 AM EDT| By Team Kalkine MediaStacks has achieved a milestone in smart contract deployments, reaching a record high of over 1,400 contracts per month just before the anticipated Nakamoto upgrade. This new record highlights the growing utilization of Stacks, which serves as a smar...
$40K Bitcoin Forecast Fueled by ‘Self-Induced Fear’
September 09, 2024 12:08 AM EDT| By Team Kalkine MediaSamson Mow, CEO of Bitcoin technology firm Jan3, has addressed recent market fears concerning Bitcoin's price trajectory. In a post on September 6, Mow challenged predictions suggesting Bitcoin might drop significantly, arguing that such forecasts ar...
Sub-$50K Bitcoin Correction Expected as Whales Look to Offload BTC
September 09, 2024 12:07 AM EDT| By Team Kalkine MediaBitcoin may face increased downward pressure as it approaches the September 18 U.S. interest rate decision, with potential for a correction below key psychological levels over the weekend. The cryptocurrency, currently trading around $55,183, could e...
Bitcoin Traders Brace for BTC Under $52K as Crypto and Economic Pressures Rise
September 09, 2024 12:06 AM EDT| By Team Kalkine MediaThe Bitcoin market suggests a cautious outlook among traders, with current price trends indicating the possibility of a decline below recent levels in the near term. Currently, Bitcoin is trading approximately 10% above its eight-month low, observed...
WisdomTree Cancels Ethereum Trust S-1 Registration Filing
September 09, 2024 12:05 AM EDT| By Team Kalkine MediaWisdomTree has formally requested the withdrawal of its S-1 filing for a spot Ether exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). This request comes more than three years after the initial submission of the regist...
El Salvador Celebrates 3 Years of Bitcoin Adoption with $31M Profit
September 09, 2024 12:04 AM EDT| By Team Kalkine MediaEl Salvador is marking a significant milestone as it celebrates the third anniversary of its decision to adopt Bitcoin as legal tender. On September 7, 2021, El Salvador became the first country in the world to officially recognize Bitcoin as a legal...
Rare Ape CryptoPunk Sells for $1.5M Despite Market Downturn
September 06, 2024 11:57 AM EDT| By Team Kalkine MediaCryptoPunk #6915, a rare Ape-themed NFT, recently sold for approximately $1.48 million, equivalent to 620 Ether. This sale occurred on September 5, 2024, and highlights a significant decline in the asset's value over recent months. CryptoPunk #6915 i...
Ripple Co-Founder Endorses Harris for President
September 06, 2024 11:55 AM EDT| By Team Kalkine MediaChris Larsen, co-founder and executive chairman of Ripple, has joined a notable group of 88 corporate leaders endorsing Vice President Kamala Harris for the 2024 presidential election. The endorsement, reported by CNBC on September 6, highlights Lars...
Arthur Hayes Warns of Sub-$50K BTC Amid Potential Trend Shift
September 06, 2024 11:52 AM EDT| By Team Kalkine MediaBitcoin's price movements have shown increased vulnerability as the cryptocurrency approached another monthly low on September 8. Recent data indicates that Bitcoin's price dipped to $55,282 on Bitstamp, creating concerns over the potential for furth...
Crypto Venture Capital Funding Hits $633M in August Rebound
September 06, 2024 11:50 AM EDT| By Team Kalkine MediaIn August, venture capital (VC) funding in the cryptocurrency sector experienced a notable uptick, reaching $633 million. This figure represents a 15% increase from the $550 million recorded in July, according to data from DefiLlama.,The majority of...
MV Global: DePIN Poised to Be Crypto’s Next Major Use Case
September 06, 2024 11:48 AM EDT| By Team Kalkine MediaA recent report by MV Global highlights the growing prominence of Decentralized Physical Infrastructure Networks (DePINs) as a significant development in Web3 technology. According to the September 5 report, DePINs are poised to become a major use ca...
Monochrome Files for Australia’s First Direct Ether ETF
September 06, 2024 07:28 AM EDT| By Team Kalkine MediaMonochrome Asset Management has announced its application for the first spot Ether exchange-traded fund (ETF) in Australia, aiming to list the Monochrome Ether ETF (IETH) on Cboe Australia by the end of September. The application marks a significant...
Trump vows to make US ‘world capital of crypto,’ taps Musk for new task force
September 06, 2024 07:24 AM EDT| By Team Kalkine MediaAt a recent event hosted by the Economic Club of New York on September 5, United States presidential candidate and former President Donald Trump reiterated his support for the cryptocurrency sector. Trump outlined plans to streamline regulatory frame...