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Hong Kong Accepts Crypto License Application After Deadline
September 02, 2024 04:30 AM EDT| By Team Kalkine MediaHong Kong Digital Asset Xchange (HKDAEx) submitted a license application to the Hong Kong Securities and Futures Commission (SFC), marking a significant step in its efforts to secure approval for operating as a digital asset exchange. Despite missing...
Bitcoin-Collateralized Loans Can Boost Capital Velocity
September 02, 2024 04:27 AM EDT| By Team Kalkine MediaEconomic development and capital efficiency have often been impeded by outdated bureaucratic systems, inefficient processes, and antiquated technologies. This issue is particularly pronounced for long-term Bitcoin holders who face difficulties access...
Central Banks Buy Gold at Record Levels, Yet Bitcoin Outperforms
September 02, 2024 04:26 AM EDT| By Team Kalkine MediaCentral banks globally accumulated a record 483 tonnes of gold, underscoring a significant shift towards assets perceived as safe havens. According to the Kobeissi Letter, this volume surpasses the previous record of 460 tonnes set in the first half...
Coinbase Records First Crypto Transaction Between AI Agents
September 02, 2024 04:25 AM EDT| By Team Kalkine Media{Coinbase},CEO Brian Armstrong has recently overseen a significant advancement in cryptocurrency transactions, involving a process entirely managed by artificial intelligence (AI) bots. On August 30, Armstrong highlighted this achievement in a post o...
Researchers Warn Crypto Liquidations May Exceed Reported Figures
September 02, 2024 04:24 AM EDT| By Team Kalkine MediaK33 Research suggests that the reported liquidation volumes on major cryptocurrency exchanges may be significantly understated. According to Vetle Lunde, a seniorat K33 Research, exchanges like Binance, Bybit, and OKX have altered their reporting met...
Crypto Executives Aim to Raise $100K for Harris at Fundraiser
September 02, 2024 04:23 AM EDT| By Team Kalkine MediaA coalition of cryptocurrency industry figures is mobilizing support for U.S. Vice President Kamala Harris in an effort to influence her stance on digital assets should she win the presidency in November. The group, which includes the Blockchain Foun...
Solana Struggles Amid Cryptocurrency Market Downturns
September 02, 2024 04:14 AM EDT| By Team Kalkine MediaThe,cryptocurrency,market is currently experiencing a broad correction, with declining volumes impacting several digital assets, including Solana. As Bitcoin's price drops below the critical $58,000 support level, the pressure on altcoins like Solana...
Shiba Inu Community Divided Over Partnership Funds Usage
September 02, 2024 04:13 AM EDT| By Team Kalkine MediaThe Shiba Inu,cryptocurrency,community is currently engaged in a debate about how to use funds received from Welly, its fast-food partner. Over the weekend, Shiba Inu's lead developer Shytoshi Kusama introduced a proposal asking the community to vote...
Ethereum Founder Responds to Major Drop in ETH Value
September 02, 2024 04:13 AM EDT| By Team Kalkine MediaIn the,cryptocurrency,sector, Ethereum co-founder Vitalik Buterin's recent on-chain activities have caught the attention of the community, particularly those closely following the second-largest cryptocurrency. Buterin's ongoing Ethereum sell-offs ha...
Cardano Joins Chainlink Data Streams With Six Other Assets
September 02, 2024 04:12 AM EDT| By Team Kalkine MediaThe,cryptocurrency,sector continues to see new developments as Chainlink expands its Data Streams platform, now incorporating Cardano’s ADA along with six other digital assets. This integration allows users to access both on-chain and off-chain data...
XRP Struggles to Keep Pace with Market Trends
September 02, 2024 04:11 AM EDT| By Team Kalkine MediaIn the,cryptocurrency,sector, XRP has faced challenges in recent months, underperforming relative to other major assets. Despite the broader market's recovery, XRP's price growth since Q4 2023 has been relatively modest compared to its peers.,Current...
Telegram’s Financial Statement Reveals $400 Million in Crypto Holdings
September 02, 2024 02:41 AM EDT| By Team Kalkine MediaTelegram reported holding $400 million in digital assets, according to its financial statement. The messaging app, which had around four million premium users by year-end, has since seen this number rise to over five million. Despite generating $342....
Mpeppe Project Allegedly Misappropriated Funds Ahead of Casino Plans
September 02, 2024 02:40 AM EDT| By Team Kalkine MediaThe hybrid gambling, memecoin, and decentralized finance project Mpeppe, also known as MPEPPÉ or MPEPE, is currently under scrutiny for potentially orchestrating a fraudulent presale. Concerns have emerged as several participants reported paying for...
Bitcoin Price Volatility at Fed FOMC Meeting
September 02, 2024 02:39 AM EDT| By Team Kalkine MediaBitcoin has struggled to maintain a price above $62,000 since August 3, experiencing an 11% decline over the past 30 days. This drop contrasts with the S&P 500 index, which has gained 1% during the same period and remains just 1% shy of its all-time...
Scientific Paper Suggests Bitcoin Mining Could Cut Methane Emissions
September 02, 2024 02:38 AM EDT| By Team Kalkine MediaBitcoin mining can contribute to reducing methane emissions. The paper, titled "An Integrated Landfill Gas-to-Energy and Bitcoin Mining Framework," highlights the Bitcoin mining operations to leverage Landfill Gas to Energy(LFGTE) systems. These syst...
Bitcoin Miners Report Lowest Revenues in 11 Months as Difficulty Increases
September 02, 2024 02:37 AM EDT| By Team Kalkine MediaBitcoin's recent inability to maintain levels above $60,000 has impacted the broader cryptocurrency market, pulling altcoin prices towards their recent lows. Here is an analysis of the current market situation and potential future movements for major...
Toncoin Hits $13.96B Market Cap Amid Durov Controversy
September 02, 2024 02:04 AM EDT| By Team Kalkine MediaToncoin has achieved a significant milestone by surpassing 1.1 million daily active users (DAUs) and reaching a market capitalization of $13.96 billion within The Open Network (TON) ecosystem. This notable achievement was reported by IntoTheBlock (IT...
Bankrupt Bitcoin Miner Rhodium Secures Court Approval for Loan in BTC or USD
September 02, 2024 02:03 AM EDT| By Team Kalkine MediaBitcoin mining firm Rhodium Enterprises, which recently entered bankruptcy proceedings, has received court approval to secure a loan from Galaxy Digital. The firm has been granted the option to choose between a loan of $30 million in U.S. dollars or...
Binance to Support Cardano Network Upgrade
September 02, 2024 02:02 AM EDT| By Team Kalkine MediaThe Cardano network is poised for the Chang hard fork, a pivotal upgrade marking the transition to the Voltaire era of decentralized governance. Binance has announced its readiness to support this network upgrade, which was initially scheduled for Au...
Cardano Price Declines Today: What’s Behind It?
September 02, 2024 02:01 AM EDT| By Team Kalkine MediaCardano’s ADA price is experiencing volatility as it fluctuates between gains and losses in anticipation of the upcoming Chang hard fork. The price of ADA has recently decreased, with a notable drop of 1.5% to $0.35 on August 30, erasing nearly all t...
