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 Bitcoin Short-Term Holders Suffer $850M Hit in this Downturn

Bitcoin Short-Term Holders Suffer $850M Hit in this Downturn

August 07, 2024 06:22 PM AEST| By Team Kalkine Media

Bitcoin experienced a dramatic drop to around $49,500 on August 5, amidst a broader market panic that saw Asian stock markets unwind months of gains. This severe price movement highlighted a stark contrast in behavior between short-term and long-term...

 Thailand BOI Approves Hyundai Mobility's Project to Assemble BEV Electric Cars and Batteries

Thailand BOI Approves Hyundai Mobility's Project to Assemble BEV Electric Cars and Batteries

August 07, 2024 06:21 PM AEST| By Cision

BANGKOK, Aug. 7, 2024 /PRNewswire/ -- The Thailand Board of Investment (BOI) today approved investment promotion applications worth a combined 1 billion baht (USD28 million) by Hyundai Mobility Manufa...

 SparkToro Partners with Sinch to Build a Cost-Effective and Reliable Email System Using Sinch Mailgun

SparkToro Partners with Sinch to Build a Cost-Effective and Reliable Email System Using Sinch Mailgun

August 07, 2024 06:20 PM AEST| By Cision

ATLANTA and STOCKHOLM, Aug. 7, 2024 /PRNewswire/ -- Sinch (Sinch AB (publ) - XSTO: SINCH), which is pioneering the way the world communicates through its Customer Communications Cloud, is excited...

 Zoomlion's Expanded Global Footprints: Deliveries, Exhibitions, and Project Engagements Recognized Worldwide

Zoomlion's Expanded Global Footprints: Deliveries, Exhibitions, and Project Engagements Recognized Worldwide

August 07, 2024 06:18 PM AEST| By Cision

Tailoring engineering solutions to propel international growth CHANGSHA, China, Aug. 7, 2024 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion", 0115...

 Immersive Experience Company Proves In-Person Events Are Back: The Great Gotham Challenge Closes in on Biggest Season

Immersive Experience Company Proves In-Person Events Are Back: The Great Gotham Challenge Closes in on Biggest Season

August 07, 2024 06:17 PM AEST| By EIN Presswire

Two participants in the The Great Gotham Challenge’s Central Park Challenge run through new York's urban landscape A participant’s puzzle artifacts after completing the in-person team bu...

 Bitcoin Volumes Surge to Record High Amid Market Chaos

Bitcoin Volumes Surge to Record High Amid Market Chaos

August 07, 2024 06:13 PM AEST| By Team Kalkine Media

The recent market turmoil has led to unprecedented levels of Bitcoin trading volume, as investors and hackers alike reacted to the plummeting prices of major cryptocurrencies. On August 5, a significant sell-off in,Bitcoin,, Ether, and,Solana,led to...

 SOL/ETH Ratio Reaches All-Time High Amid Market Turmoil

SOL/ETH Ratio Reaches All-Time High Amid Market Turmoil

August 07, 2024 06:11 PM AEST| By Team Kalkine Media

The SOL/ETH ratio, a metric measuring the value of one Solana token relative to one Ether token, has reached a new all-time high following a significant market-wide sell-off earlier this week. This rise in the ratio comes amid a broader market downtu...

 Will Ethereum Experience a Rally in the Coming Months?

Will Ethereum Experience a Rally in the Coming Months?

August 07, 2024 06:10 PM AEST| By Team Kalkine Media

Ether, Ethereum’s native token, has recently experienced a notable rebound after hitting an eight-month low on August 5.,Ethereum,’s,recovery bears a striking resemblance to a previous fractal pattern observed in October 2023, which preceded a substa...

 What’s Fueling Solana’s 31% Rise Despite Recent Market Drop?

What’s Fueling Solana’s 31% Rise Despite Recent Market Drop?

August 07, 2024 06:08 PM AEST| By Team Kalkine Media

Solana's price has shown a notable recovery following a severe market downturn caused by US recession concerns and turmoil in the Japanese financial markets. As of August 6,,Solana,(SOL) has bounced back to just over $144, marking a significant 31% i...

 Memecoins Take Hardest Hit After $510B Crypto Market Crash

Memecoins Take Hardest Hit After $510B Crypto Market Crash

August 07, 2024 06:07 PM AEST| By Team Kalkine Media

The recent $510 billion sell-off in the cryptocurrency market has led to significant losses across numerous assets, with memecoins such as,PEPE,and WIF experiencing some of the most severe declines. This downturn has highlighted the volatility of the...

 Will Bank of Japan’s Rate Hike Drive More Decline in Bitcoin?

Will Bank of Japan’s Rate Hike Drive More Decline in Bitcoin?

August 07, 2024 06:06 PM AEST| By Team Kalkine Media

Bitcoin's price fell to approximately $49,000 amidst a significant market upheaval triggered by recent macroeconomic events. The sharp decline in,Bitcoin,'s value followed the Bank of Japan’s unexpected interest rate hike and the Federal Reserve’s in...

 What’s Going Wrong with Binance Tokens?

What’s Going Wrong with Binance Tokens?

August 07, 2024 06:04 PM AEST| By Team Kalkine Media

The cryptocurrency sector has seen substantial losses in token values recently, with the airdrop model for token distributions coming under scrutiny. This model, which has gained popularity in recent years, appears to be a contributing factor to the...

 Reginal Semi-finals of X-TIME International Entrepreneurship Competition 2024 Concluded

Reginal Semi-finals of X-TIME International Entrepreneurship Competition 2024 Concluded

August 07, 2024 06:04 PM AEST| By Cision

SHANGHAI, Aug. 7, 2024 /PRNewswire/ -- The semi-finals of the X-TIME International Entrepreneurship Competition 2024 have been successfully concluded in Shanghai, Beijing, Shenzhen, Chengdu and S...

 Bridge Alliance welcomes Deutsche Telekom as European member operator

Bridge Alliance welcomes Deutsche Telekom as European member operator

August 07, 2024 06:00 PM AEST| By Cision

SINGAPORE, Aug. 7, 2024 /PRNewswire/ -- Bridge Alliance announces a groundbreaking new partnership with Deutsche Telekom AG (DT) to collaborate on the Internet of Things business opportunities. Throug...

 Stella International's MSCI ESG Rating Upgraded to 'A'

Stella International's MSCI ESG Rating Upgraded to 'A'

August 07, 2024 06:00 PM AEST| By Cision

HONG KONG, Aug. 7, 2024 /PRNewswire/ -- Stella International Holdings Limited ("Stella" or the "Group"; SEHK: 1836), a leading developer and manufacturer of quality footwear and le...

 CyberSecurity Malaysia Signs MoU with Flexxon and AI MSP to Bring Intelligent Hardware Security Solutions to Malaysia

CyberSecurity Malaysia Signs MoU with Flexxon and AI MSP to Bring Intelligent Hardware Security Solutions to Malaysia

August 07, 2024 06:00 PM AEST| By Cision

KUALA LUMPUR, Malaysia, Aug. 7, 2024 /PRNewswire/ -- CyberSecurity Malaysia (CSM), the national cybersecurity specialist agency under the purview of Malaysia's Ministry of Digital, today signed a Memo...

 Silicon Motion Launches the Best Performance/Watt PCIe Gen5 SSD Controller at FMS 2024

Silicon Motion Launches the Best Performance/Watt PCIe Gen5 SSD Controller at FMS 2024

August 07, 2024 05:48 PM AEST| By Cision

The Company Also Showcases SSD Solutions for Enterprise, PC, and Automotive AI Applications TAIPEI and MILPITAS, Calif., Aug. 7, 2024 /PRNewswire/ -- Silicon Motion Technology Corporation ...

 Indosat Ooredoo Hutchison Unveils the Largest Digital Intelligence Operations Center in Southeast East Asia, Marking a New Era in Intelligence Native Telco

Indosat Ooredoo Hutchison Unveils the Largest Digital Intelligence Operations Center in Southeast East Asia, Marking a New Era in Intelligence Native Telco

August 07, 2024 05:46 PM AEST| By Cision

JAKARTA, Indonesia, Aug. 7, 2024 /PRNewswire/ -- Indosat Ooredoo Hutchison (Indosat or IOH) celebrates a major milestone in its journey towards digital transformation with the inauguration of its stat...

 The Music Pulse of Shanghai: 2024 Budweiser Storm Electronic Music Festival will Ignite National Day in Oct

The Music Pulse of Shanghai: 2024 Budweiser Storm Electronic Music Festival will Ignite National Day in Oct

August 07, 2024 05:38 PM AEST| By Cision

SHANGHAI, Aug. 7, 2024 /PRNewswire/ -- On August 6, the "Shanghai Summer" flagship event, 2024 Budweiser Storm Electronic Music Festival held a press conference at The Cool Docks in Shanghai...

 BTR's Indonesian Facility Becomes Largest Anode Plant Outside China

BTR's Indonesian Facility Becomes Largest Anode Plant Outside China

August 07, 2024 05:29 PM AEST| By Cision

KENDAL, Indonesia, Aug. 7, 2024 /PRNewswire/ -- BTR NEW MATERIAL GROUP ("BTR", 835185•BJ), a global leader in battery materials, has officially launched production at its new lithium-ion bat...

AI on the Rise: A Look at Top AI Companies and Their Stocks

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