News
Cryptocurrency as a Catalyst for Modernizing Australia's Financial System
December 31, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Australian Treasurer sees cryptocurrency as a tool to modernize financial systems.,- Comments contrast with Reserve Bank Governor’s cautious stance on crypto.,- Global momentum for cryptocurrency reserves and adoption is gaining traction...
ASX Sees Annual Gains Dampened by Year-End Decline
December 31, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- The Australian sharemarket experienced a decline on the final trading day of the year.,- Financial and technology sectors posted double-digit increases despite the overall annual drop.,- The S&P/ASX 200 fell short of its previous year's...
ASX Ends 2024 Lower Amid Global Market Declines
December 31, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- The ASX 200 index closed 0.92% lower during the final session of 2024.,- Nine out of eleven sectors recorded declines, led by gold and consumer-focused stocks.,- Energy stocks were the top performers as crude prices supported gains.,The...
Global Stock Markets See Mixed Trends as Year-End Volatility Persists
December 31, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Asian and US markets experienced mixed performance amid economic data and policy expectations.,- Elevated yields and profit-taking weighed on US equities, affecting global indices.,- Asian markets reflected varied trends, with China’s PM...
Scholz Criticizes Social Media Amid Election Worries
December 31, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- German Chancellor cautions against social media influence on elections.,- Elon Musk endorses far-right party Alternative for Germany (AfD).,- Chancellor Olaf Scholz emphasizes unity and warns of disinformation risks.,German Chancellor Ol...
MicroStrategy’s Bitcoin Strategy and Market Impact
December 31, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- MicroStrategy expands Bitcoin holdings despite market fluctuations.,- (MSTR) stock faces decline post Nasdaq-100 inclusion.,- Bitcoin’s value experiences sharp corrections in recent weeks.,MicroStrategy (NASDAQ:MSTR), a business intellig...
State-Sponsored Hackers Breach US Treasury Systems
December 31, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- US Treasury breached by state-sponsored cyberattack.,- Hackers accessed systems via external vendor BeyondTrust.,- No ongoing access detected post-breach resolution.,The US Treasury Department recently reported a significant cybersecurit...
Exploring Three ASX Penny Stocks With Market Caps Under A$200M
December 31, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Australian stock market caps off a dynamic year with shifting trends.,- Key insights into three ASX-listed penny stocks with market caps under A$200M.,- Examining company operations, financials, and growth paths for informed decisions.,T...
ASX Tipped for Biggest Annual Gain in Three Years Despite Late Fall
December 31, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,Market Performance,: The ASX dropped 0.5% on Tuesday amid broad sell-offs, tracking Wall Street losses. Despite recent declines, the ASX remains up 8.8% in 2024, set for its largest annual gain since 2021.,Sectoral Trends,: Nine out of 11...
China Tightens Control on Cryptocurrency Trades with New Forex Rules
December 31, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- China implements strict monitoring of cryptocurrency-related trades through new forex rules.,- Banks must flag risky foreign exchange activities, including cryptocurrency transactions.,- Regulatory measures aim to address cross-border fi...
DePIN and AI Cryptocurrencies: Exploring Blockchain Narratives and Innovations
December 31, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- DePIN (Decentralized Physical Infrastructure Networks) represents a transformative use of blockchain technology for resource management.,- Key players in DePIN and AI cryptocurrencies include (TAO), (RENDER), and (FIL).,- AI and DePIN to...
ASX Wrap: Aussie Market Ends 2024 on a Down Note, but Posts Yearly Gains
December 31, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- The ASX ended 2024 with a 0.9% drop, closing at 8,159 points.,- Energy and Utilities sectors were the only gainers in the final session.,- The ASX200 recorded a 7.5% gain for the year, excluding dividends.,The Australian Securities Excha...
Top Crypto Airdrops to Kickstart January 2025
December 31, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Prominent crypto airdrops lined up for the first week of January 2025.,- Projects include (MDAS), (SNT), (DBK), and (OPN).,- Engage with these platforms to unlock potential future rewards.,The crypto market is abuzz as 2025 begins with e...
XRP's Path to $15: Fibonacci and Elliott Wave Insights into Future Growth
December 31, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- XRP's long-term technical analysis suggests a potential price target of $15 by 2025.,- Fibonacci and Elliott Wave theories indicate pivotal movements for XRP's price.,- Current market trends showcase a mix of challenges and optimism for...
ASX Ends 2024 on a Mixed Note as Energy and Healthcare Sectors Shine
December 30, 2024 06:10 PM AEDT| By Team Kalkine MediaHighlights,ASX closes slightly down as markets experience slow trading and profit-taking.,Energy and Healthcare emerge as top-performing sectors.,Real Estate leads sectoral declines with significant losses.,The Australian Securities Exchange (ASX) cl...
Smartgroup Corporation (ASX:SIQ) plans digital transformation to drive productivity in leasing and salary packaging
December 30, 2024 03:38 PM AEDT| By Team Kalkine MediaHighlights,Smartgroup achieved a 26.1% increase in net revenue, reaching AUD 141.9 million for the first half of 2024.,SIQ reported a 16% YoY increase in NPATA, reaching AUD 34.1 million in 1HFY24.,Smartgroup plans to accelerate its digital investmen...
Radiopharm Theranostics (ASX:RAD) Partners with Lantheus to Advance Radiopharmaceutical Development
December 30, 2024 11:28 AM AEDT| By Sonal GoyalHighlights,RAD has entered into a strategic co-development partnership with Lantheus for advancing innovative radiopharmaceuticals development in Australia.,Initial collaboration will focus on a Phase 1 imaging trial.,The agreement includes a financi...
ASX Faces Challenges While BrainChip’s Mysterious Surge Grabs Attention
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- ASX faced a modest dip amid global caution and ex-dividend activity.,- BrainChip Holdings (BRN) soared despite no clear catalyst for its rise.,- Prominent small-cap stocks showcased diverse developments and partnerships.,The Australian S...
Bitcoin Price Under Pressure: Whale Transactions Reach Two-Year High
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Bitcoin's price faces bearish trends amidst increased whale activity.,- Rising average transaction sizes hint at intensified market pressure.,- Key support levels critical to Bitcoin's near-term outlook.,Bitcoin has continued to face dow...
Ripple's XRP Displays Resilience Amid Market Movements
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- XRP shows resilience in recent crypto market movements.,- Metrics reveal accumulation trends and reduced dormant circulation.,- Technical analysis suggests key levels for potential breakout or support.,Ripple's cryptocurrency, XRP, (XRP:...
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