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Cryptocurrency
Bitcoin Price Volatility at Fed FOMC Meeting
September 02, 2024 04:39 PM AEST| 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 04:38 PM AEST| 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 04:37 PM AEST| 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 04:04 PM AEST| 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 04:03 PM AEST| 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 04:02 PM AEST| 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 04:01 PM AEST| 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...
Bitcoin Needs to Reach Higher High to Confirm Uptrend After Falling Below $58K
September 02, 2024 04:00 PM AEST| By Team Kalkine MediaBitcoin's price must avoid dropping below $56,000 to maintain its longer-term upward trend, according to crypto Matthew Hyland. Hyland emphasized the importance of Bitcoin establishing a bullish "higher high" on its price chart to confirm the continu...
$10M Ethereum Sales: Impact on ETH Bulls
September 02, 2024 03:54 PM AEST| By Team Kalkine MediaVitalik Buterin, co-founder of Ethereum, recently transferred approximately 1,100 ETH to cryptocurrency exchanges, a move that coincides with a significant transaction from the Ethereum Foundation. Buterin’s transfers, valued at around $10 million, h...
Bitcoin On-Chain Indicator Suggests $58.5K Price Near Favorable Level
September 02, 2024 03:53 PM AEST| By Team Kalkine MediaCryptoQuant contributor Grizzly suggests that a slight decrease in the Bitcoin Puell Multiple index may present a favorable opportunity for Bitcoin. The Puell Multiple, a key indicator used to evaluate miner selling activity, is nearing a critical ra...
Canadian Court Orders Repayment of $1.2M Bitcoin Loan
September 02, 2024 03:52 PM AEST| By Team Kalkine MediaThe Supreme Court of British Columbia has recently ruled in a Bitcoin-related loan dispute, ordering defendant Daniel Tambosso to pay $1.2 million to plaintiff Hung Nguyen. This decision underscores the increasing legal acceptance of cryptocurrencies...
Crypto Losses from Hacks Top $313M
September 02, 2024 03:51 PM AEST| By Team Kalkine MediaCryptocurrency hackers orchestrated over ten cyberattacks, resulting in a total theft of $313.86 million in digital assets. According to blockchain security firm PeckShield, phishing attacks were responsible for the majority of these thefts, accounti...
Crypto Exec: 80-Year-Olds Making Withdrawals Will Be Contacted
September 02, 2024 03:50 PM AEST| By Team Kalkine MediaAdrian Przelozny, CEO of Independent Reserve, has emphasized the importance of proactive measures by cryptocurrency exchanges to protect users from scams. According to Przelozny, the exchange employs a dedicated team tasked with contacting customers...
Dogwifhat and Popcat Lead 7-Day Crypto Slump; October Breakout Anticipated
September 02, 2024 02:18 PM AEST| By Team Kalkine MediaSolana-based memecoins,{Popcat},(POPCAT),and Dogwifhat (WIF) have experienced notable declines over the past week, leading the losses among the top memecoins. According to data from CoinGecko, Popcat saw a significant drop of 27.7%, decreasing from $...
Bitcoin Faces $60K Cap, While LTC, FET, MNT, and AAVE Show Promise
September 02, 2024 02:16 PM AEST| By Team Kalkine MediaBitcoin faces ongoing selling pressure and trends toward a decline of more than 9% this week, traders are evaluating strategic entry points in various altcoins, including Litecoin (LTC), Fetch.ai (FET), Mantle (MNT), and Aave (AAVE). Bitcoin’s recent...
Whale Wallets with 100+ Bitcoin Reach 17-Month Peak
September 02, 2024 02:15 PM AEST| By Team Kalkine MediaBitcoin market dynamics, with larger holders of Bitcoin, often referred to as "whales," increasing their positions as smaller traders reduce their holdings. According to Blockchain analytics firm Santiment, the number of Bitcoin wallets containing 10...
Memecoins Unlikely to Drive the Next Bull Market
September 02, 2024 02:14 PM AEST| By Team Kalkine MediaFor those seeking to drive the next bull market cycle, attention should shift from memecoins to more sustainable areas such as real-world assets (RWAs) and artificial intelligence (AI). Despite the impressive growth of memecoins this year, which stan...
Bitcoin Declines 8.6% in August; September Opens at New 2-Week Low
September 02, 2024 02:13 PM AEST| By Team Kalkine MediaBitcoin's price struggled over the weekend, the cryptocurrency experienced a decline of more than 2% on September 1, reflecting a challenging monthly close. Data from Cointelegraph Markets Pro and TradingView highlighted Bitcoin's price dipping to $5...
Crypto Owners and Personality Traits: Insights from Recent Research
September 02, 2024 10:57 AM AEST| By Team Kalkine MediaRecent research conducted by scholars from the University of Toronto and the University of Miami, and published in the journal,PLOS One,, explores intriguing correlations between cryptocurrency ownership and certain psychological traits. The study su...
Dogecoin Surges Following Elon Musk's Legal Victory
August 31, 2024 04:28 AM AEST| By Team Kalkine MediaIn the,cryptocurrency,sector, Dogecoin has recently experienced a notable increase in value, attributed to a legal victory involving Elon Musk. The cryptocurrency has surpassed the $0.10 mark, reflecting a significant market response to recent develo...
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