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Cryptocurrency
The Domino Effect: How Chia is Boosting the Demand for Hard Drives
May 18, 2021 05:31 PM AEST| By Team Kalkine MediaSummary Chia, a greener alternative to more energy-consuming cryptos, debuted on the exchange at US$1600 on 3 May 2021. Chia uses a method called “proof-of-space”, which allows users to mine the coin on their home computer whilst us.....
NFTs Explained: What is a non-fungible token and how does it work?
May 18, 2021 05:13 PM AEST| By Furquan MoharkanSummary Cryptocurrencies are talk of the town NFT (non-fungible token), is a unit of data stored in a digital ledger called a blockchain Few NFTs present today include unique digital artworks, a unique sneaker in a limited-run fashion line, in.....
Crypto Market Down: Is Elon Musk ‘Pumping & Dumping’?
May 18, 2021 02:05 AM AEST| By AnujTesla’s (US:TSLA, NASDAQ:TSLA) decision to stop accepting bitcoins as payment has worsened an already bear crypto market. Its impact was captured over the weekend as the overall crypto market tumbled more than 10 per cent, led by the heavy sell...
Will environmental concerns pave the way for Bitcoin to get greener?
May 17, 2021 09:31 PM AEST| By AayushSummary Environmentalists have been criticising bitcoin's energy consumption and its reliance on fossil fuels for a long time. Tesla could take an active role in helping make Bitcoin mining greener by investing in new technologies. Despite a f.....
Dogecoin explained: All you need to know about the meme currency
May 16, 2021 12:16 AM AEST| By AayushSummary Dogecoin is a meme currency, initially created as a joke. It is significantly faster than its peers where it takes just a minute for completing one Dogecoin transaction. Dogecoin uses a proof-of-work algorithm which is similar to that .....
What Are Some Less Energy-Intensive Alternatives to Bitcoin Crypto Mining?
May 14, 2021 11:02 PM AEST| By Suhita PoddarSummary Tesla founder Elon Musk’s announced Tesla would stop accepting Bitcoin as a form of payment, over concerns about Bitcoin’s high energy demand and fossil fuel use Bitcoin’s energy demand comes more from mining over tran.....
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Are Bitcoin Chartists Picking Bearish Signals?
May 14, 2021 08:01 PM AEST| By Team Kalkine MediaSummary Bitcoin price has dropped by ~30.66 percent from its lifetime high. on the daily chart Bitcoin prices are trading in a rising channel formation and below its 100-Period Simple Moving Average (SMA). The price has broken a rising trendli.....
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Can Dogecoin Be A Bitcoin Alternative For Elon Musk’s Tesla?
May 14, 2021 07:38 PM AEST| By AnujTelsa Inc (US:TSLA, NASDAQ:TSLA) founder Elon Musk tweeted on Wednesday, May 12, that the electric vehicle (EV) company is suspending all purchases using Bitcoin. He also hinted that the company is exploring other environment-friendly cryptocurrenci...
Is the Crypto Grass Greener? The Search for ‘Greener’ Cryptos
May 14, 2021 06:06 PM AEST| By Team Kalkine MediaSummary Elon Musk announced on Thursday that Tesla would no longer accept Bitcoin to purchase its vehicles. The decision has led to a heated debate over the amount of electricity required to mine bitcoins. Tesla’s move has resulted in at.....
Doge Vs Shiba: A Meme War Is Underway In Crypto Space
May 14, 2021 03:39 AM AEST| By AnujWhile Dogecoin investors, aka Dogearmy, stand divided on Elon Musk describing the token as a “hustle” during his performance in the Saturday Night Live show, a new meme-coin is creating a buzz in the crypto world. Shiba Inu has been tren...
Wright or Wrong? The Curious Case of The Self-Proclaimed Bitcoin Creator
May 13, 2021 02:40 PM AEST| By Team Kalkine MediaSummary Australian computer programmer and entrepreneur Dr Craig Wright has once again had a court case postponed to November. In one of several lawsuits Wright is currently involved in, he is being sued by the brother of his former business pa.....
Ether Hits Fresh All-Time High, Up 12%
May 12, 2021 07:31 PM AEST| By AnujEthereum’s crypto token surpassed the US$ 4.3K-mark for the first time on Wednesday (2:45AM EST), May 12, days after achieving the US$ 4K milestone on May 10. Ether witnessed one of the biggest surges of the year and gained as much as 12 per c...
The New Crypto on the Block Bursts onto the Scene
May 12, 2021 07:07 PM AEST| By Team Kalkine MediaSummary A new cryptocurrency, called Internet Computer, debuted on Monday, achieving a market value of US$45 billion, making it the eighth-largest digital currency in the world. The crypto’s ledger, Dfinity, aims to reduce costs and break.....
What Is Cardano (ADA) Crypto? What Is Its Price Prediction?
May 12, 2021 02:32 AM AEST| By AnujCardano (ADA) is a blockchain platform that provides peer-reviewed research and consensus protocols. Through its advanced technology, it offers a secure and sustainable network to decentralized applications (DApps), systems and individuals. Cardano&...
After SpaceX, Will Tesla (TSLA) Start Accepting Payment In Dogecoin?
May 11, 2021 09:49 PM AEST| By AnujElectric vehicle (EV) giant Tesla Inc (TSLA:US, NASDAQ:TSLA) may start accepting payments in Dogecoin, or so it seems from founder Elon Musk’s recent Twitter post. The engineer-turned-entrepreneur has started a Twitter poll asking his follower...
Are You Keeping Up with the Evolving Cryptocurrency Tax Requirements?
May 11, 2021 04:50 PM AEST| By Team Kalkine MediaSummary The Australian Taxation Office (ATO) will be extra vigilant this year following a surge in the number of Australians purchasing cryptocurrencies. The ATO categorises crypto investors into three groups: investors, traders, and hobbyists......
Dogecoin Wasn’t the Only Crypto to Fall After Musk’s SNL Appearance
May 10, 2021 08:19 PM AEST| By Team Kalkine MediaThis year has seen a flock of cryptocurrencies across the board make significant gains. The most well known of these – Bitcoin (BTC) – has surged 96% since January, and its success has bled over to some other altcoins, so much so .....
Forget Bitcoin! This crypto delivered nearly 450% returns so far in 2021
May 10, 2021 06:53 PM AEST| By Team Kalkine MediaSummary Ether has witnessed a strong rally this year, with its value jumping by 450% so far in 2021. The price of Ether crossed US$4,000-mark for the first time on May 9. The rise of Ethereum and other digital coins has weakened Bitcoin’.....
Dogecoin nosedives on Musk’s remarks; what does it mean for the cyptocurrency?
May 10, 2021 11:13 AM AEST| By Furquan MoharkanThe meme-turned-frenzy cryptocurrency, Dogecoin, plummeted after billionaire Elon Musk of Tesla Inc (NASDAQ:TSLA) called it a ‘hustle’ in a live show. At one point in time in the last 24 hours, the digital asset was down 31.7% from its.....
Dogecoin Volatile Over the Weekend; Where is the Digital Currency Heading?
May 09, 2021 03:46 PM AEST| By DaminiOf late, crypto assets have gained immense popularity among global investors, who are now betting big on the cryptocurrency as a mainstream asset. Initially devised to remove financial intermediaries in peer-to-peer transactions, digital currencies.....
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