News

Ethereum May Hit US$3,000 As Demand-Supply Equation Changes
March 11, 2021 02:40 AM AEDT| By AnujSource: Steve Heap, Shutterstock The ongoing cryptocurrency frenzy has resulted in several corrections in the crypto market. Last week, Ethereum blockchain engineers announced one of the major revisions to the network since its inception in 2015. T...

Bitcoin Reclaims US$1 Trillion MCap As Price Hits 2-Week High
March 10, 2021 08:25 AM AEDT| By AnujSource:3Dsculptor,Shutterstock Bitcoin zoomed back to its two-week high, rallying over US$ 54,500 in early Tuesday morning trade as Wall Street investors went bullish on crypto assets. The top electronic currency token soared over 7 per to US$54,50...

Coinbase’s CEO can make billions more after the company goes public
March 08, 2021 05:47 PM AEDT| By Team Kalkine MediaSource: Momentum Fotograh, Shutterstock Summary Coinbase recently announced its plans to engage in a direct listing instead of IPO. The crypto exchange could hit a US$100-billion valuation. Brian Armstrong could make billions more if Coinbase...

Future of Bitcoin in Question As China, India Counter Crypto Wave
March 04, 2021 07:51 AM AEDT| By AnujSource: Wit Olszewski ,Shutterstock Tightening the noose on cryptocurrencies, China banned the mining of blockchain-based currency in Inner Mongolia. The world’s second largest economy also announced the closure of all crypto operations b...

5 Canadian Crypto Stocks Under C$11 To Invest In March
March 04, 2021 03:18 AM AEDT| By AnujSource: tetrisfun, Shutterstock Bitcoin has once again surpassed US$50,000 per token resistance level yesterday, and it is inches away to retain its US$ 1 trillion market cap. The giant blockchain-powered coin is expected to cross a US$ 60,0...

Are the Bubbles of Crypto Currencies Busting?
March 03, 2021 09:33 PM AEDT| By Team Kalkine MediaSource: Wit Olszewski, Shutterstock Summary Ethereum has broken the major support zone on the daily chart and delivered an impressive return of ~273 percent in the last three months. Now the Ethereum prices are trading near major hurdle around...

Is Bitcoin’s rally coming to a halt?
March 01, 2021 10:47 AM AEDT| By AayushSource: Craig Hastings,Shutterstock Summary Bitcoin has slid by almost 22 per cent last week, its worst weekly fall in over a year. Bitcoin has faced selling pressure just when the global equity markets are falling due to rising bond yiel...

Cryptocurrency Boom: Blockchain Stocks to Look for In 2021
February 27, 2021 05:37 PM AEDT| By AbhijeetSource: pedrosala, Shutterstock Summary Investors might consider taking indirect exposure in digital currencies by investing in London listed blockchain stocks. Blockchain stocks have delivered staggering returns in recent times. World&rs...

Bitcoin: A New Asset Class Or Greatest Bubble Of All Time?
February 27, 2021 08:01 AM AEDT| By Team Kalkine MediaSource: 3Dsculptor , Shutterstock Summary Bitcoin as a cryptocurrency does not completely fulfills the mandatory qualities of an asset class. Technology based on blockchain makes bitcoin attractive for online transactions and are immune t...

MicroStrategy spends US$1 billion to buy more Bitcoins
February 26, 2021 09:28 AM AEDT| By AayushSource:Yourg ,Shutterstock Summary MicroStrategy has bought 19,452 more Bitcoins for an average price of US$52,765 per Bitcoin, totalling to a whopping US$1 billion purchase. Now the company holds 90,531 Bitcoins with a current valuation of ar...

Bitcoin Mania- Bubble or Boom?
February 26, 2021 09:11 AM AEDT| By AayushSource: Phongphan,Shutterstock Every asset’s price that moves quite rapidly in a very short span of time often gets dragged into the debate of “Bubble or a Boom?”. Bitcoin has a history of encountering one of the biggest bubbles of...
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How New Zealanders Can Invest In Different Types Of Cryptocurrency
February 24, 2021 03:31 PM AEDT| By Mark O'Donnellstors from having to purchase and manage digital assets themselves. New Zealanders can invest in Cryptocurrency with little restrictions. There are many different avenues available to New Zealanders, including direct and indirect methods. The m...
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Bitcoin rally hits a roadblock; price falls after Musk's tweet
February 23, 2021 06:36 PM AEDT| By Team Kalkine Mediacoin is an unpredictable asset, fearing investors might take a hit. The most popular cryptocurrency in the world, bitcoin, sank nearly 10% on Monday, dipping below the 50K-mark at one point and traded at USD 48,383.0. Bitcoin trading is hi...

‘Dojo 4 Doge’: Elon Musk’s Dogecoin Tweeting Spree Continues
February 23, 2021 02:34 AM AEDT| By AnujSource: Shutterstock Tesla owner has once again tweeted on his favorite meme-based cryptocurrency, Dogecoin. This time, just three words: “Dojo 4 Doge.” Elon Musk’s followers and the Reddit legion have started speculating on this...

Bitcoin Joins the Trillion Dollar Club, Surpasses Facebook’s Market Cap
February 23, 2021 01:49 AM AEDT| By Team Kalkine MediaThe digital currency Bitcoin is once again storming the headlines with its market capitalisation surpassing USD 1 trillion mark on 19 February 2021 as its price crosses USD 55,000. Copyright © Kalkine Media Pty Ltd Bitcoin Surpasse.....

Looking for cryptocurrencies in 2021, here are top 10 other than Bitcoin
February 21, 2021 07:00 PM AEDT| By Kunal SawhneyWorld’s largest and most admired, Bitcoin, continues to take the lead in the cryptocurrency market. On 19 February 2021, Bitcoin saw yet another record high increase in its market capitalisation to US$1 trillion. Over the past 12 mon.....

What’s all the buzz about Cryptocurrency? Is it boosting economy?
February 21, 2021 12:32 AM AEDT| By Kunal SawhneyThe journey of cryptocurrencies has progressed from being an obscure trend to becoming an extraordinary means of investment. The initial doubts surrounding cryptocurrencies have long been snuffed out with the arrival of new entrants like Litecoin, .....

Bitcoin Hits $1 Trillion Market Value As Crypto Rally Continues
February 20, 2021 01:05 PM AEDT| By Ipsita SarkarWorld’s largest and most popular cryptocurrency, Bitcoin, saw yet another record high on Friday, raising its market cap to $1 trillion, even as the crypto rally continues. Bitcoin’s spectacular rise, gaining some 350 per cent over the .....

Evolve Bitcoin ETF (TSX:EBIT) Debuts On TSX
February 20, 2021 02:03 AM AEDT| By AnujSource: Pixabay Evolve Funds Groups’ Bitcoin ETF (TSX: EBIT) is all set to debut on the Toronto Stock Exchange (TSX) on Friday, February 19. The launch comes a day after the world’s first Bitcoin ETF, Purpose Bitcoin ETF (TSX: BTCC.B), s...
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Cryptocurrency: What Has It In Store For New Zealand’s Investors?
February 19, 2021 12:40 PM AEDT| By Mark O'DonnellThe adoption of Cryptocurrencies and other digital assets by investors in New Zealand has accelerated in the past year as acceptance for digital assets as a legitimate investment vehicle has risen. Bitcoin is of course the most well-known and wide.....
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