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 Bitcoin Weakens as Crypto Market Faces 5-Month Downtrend

Bitcoin Weakens as Crypto Market Faces 5-Month Downtrend

August 28, 2024 03:28 PM AEST| By Team Kalkine Media

Bitcoin’s recent rally to $65,000 has dissipated, despite the US Federal Reserve’s indication of an interest rate cut in 2024. Over the weekend from August 24 to August 25, Bitcoin surged to $65,000, marking an extension of its recovery from the Augu...

 BTC Price Warning: Binance Eyes Sub-$60K Bitcoin

BTC Price Warning: Binance Eyes Sub-$60K Bitcoin

August 28, 2024 03:27 PM AEST| By Team Kalkine Media

Bitcoin's recent price performance has shifted focus to weakness in the market as the cryptocurrency struggles to maintain momentum above $65,000. This price action has led to concerns about a possible “liquidation cascade” that could drive Bitcoin (...

 Asia FX weakens as dollar regains some ground; Aussie buoyed by sticky CPI

Asia FX weakens as dollar regains some ground; Aussie buoyed by sticky CPI

August 28, 2024 03:05 PM AEST| By Investing

Investing.com-- Most Asian currencies ticked lower on Wednesday as the dollar recouped more of its recent losses, while the Australian dollar was an outlier as sticky inflation data furthered the case

 Coway Gets Closer to Its Environmental Goals through ESG Initiatives

Coway Gets Closer to Its Environmental Goals through ESG Initiatives

August 28, 2024 03:00 PM AEST| By Cision

- The company has aimed for a 100% reduction in greenhouse gas emissions by 2050 through 'carbon neutrality.' SEOUL, South Korea, Aug. 28, 2024 /PRNewswire/ -- Back in 2006, Coway, true to its...

 Aussies Lost $122 Million to Crypto Scams in the Past Year: AFP

Aussies Lost $122 Million to Crypto Scams in the Past Year: AFP

August 28, 2024 02:43 PM AEST| By Team Kalkine Media

The Australian Federal Police (AFP) have identified deep fakes and pig butchering as the predominant tactics used by scammers to defraud individuals. In the past year, Australians experienced losses of $122 million from cryptocurrency-related scams,...

 TON Experiences Outage, No New Blocks Produced for 3 Hours

TON Experiences Outage, No New Blocks Produced for 3 Hours

August 28, 2024 02:42 PM AEST| By Team Kalkine Media

The Telegram Open Network (TON) has experienced a significant disruption, halting block production and transaction validation due to an overwhelming surge in trading activity associated with a newly launched memecoin named DOGS. The network has not p...

 Long-Term Bitcoin Ownership Exceeds $10B as Price Falls Below $60K

Long-Term Bitcoin Ownership Exceeds $10B as Price Falls Below $60K

August 28, 2024 02:41 PM AEST| By Team Kalkine Media

As Bitcoin's price dips below $60,000, the total value of Bitcoin within long-term holder wallets has surpassed $10 billion. CryptoQuant contributor Amr Taha on August 27, this milestone reflects a significant trend among long-term Bitcoin holders, w...

 Ondo's USDY Yield Coin Launches on Arbitrum

Ondo's USDY Yield Coin Launches on Arbitrum

August 28, 2024 02:40 PM AEST| By Team Kalkine Media

Tokenized treasury products are increasingly being adopted across blockchain networks, with Ondo Finance expanding its Ondo US Dollar Yield Token (USDY) to the Arbitrum network, an Ethereum layer-2 scaling solution. This development was announced in...

 'PolitiFi' Tokens Surge 667% This Year, Outperforming All Memecoins

'PolitiFi' Tokens Surge 667% This Year, Outperforming All Memecoins

August 28, 2024 02:39 PM AEST| By Team Kalkine Media

Political-themed memes coins, or “PolitiFi” tokens, have significantly outperformed other namecoin categories in 2024, with a notable 667% increase in market capitalization. As of August 27, the PolitiFi sector, which includes tokens such as MAGA (TR...

 Apple cuts 100 jobs in digital services- Bloomberg

Apple cuts 100 jobs in digital services- Bloomberg

August 28, 2024 02:23 PM AEST| By Investing

Investing.com-- Apple Inc (NASDAQ:AAPL) cut about 100 jobs in its digital services group amid shifting priorities in the company, Bloomberg reported on Tuesday.

 Too early to bet on a rebound in China stocks- Alpine Macro

Too early to bet on a rebound in China stocks- Alpine Macro

August 28, 2024 02:09 PM AEST| By Investing

Investing.com-- Chinese stocks are unlikely to see a sharp rebound in the near-term, Alpine Macro analysts warned, citing growing concerns over a sluggish growth outlook and laggard policy support fro

 Pismo debuts in the Global Fintech Fest 2024

Pismo debuts in the Global Fintech Fest 2024

August 28, 2024 02:00 PM AEST| By Cision

Global tech specialists to discuss modernisation trends and present local clients BANGALORE, India, Aug. 28, 2024 /PRNewswire/ -- Pismo, the global cloud-native API-based platform, joins the Glo...

 Huawei Accelerates Digital Transformation Throughout Malaysia's Automotive Value Chain

Huawei Accelerates Digital Transformation Throughout Malaysia's Automotive Value Chain

August 28, 2024 01:43 PM AEST| By Cision

KUALA LUMPUR, Malaysia, Aug. 28, 2024 /PRNewswire/ -- Malaysia's accelerated efforts to integrate advanced digital technologies such as cloud computing and intelligent connected vehicles into the...

 Flipster Announces Partnership with Orderly Network

Flipster Announces Partnership with Orderly Network

August 28, 2024 01:35 PM AEST| By Cision

WARSAW, Poland, Aug. 28, 2024 /PRNewswire/ -- Flipster, one of the leading crypto derivatives trading platforms, is excited to announce its partnership with Orderly Network. This partnership combines...

 Asia stocks fall with Nvidia earnings on tap; Australia dips on sticky CPI

Asia stocks fall with Nvidia earnings on tap; Australia dips on sticky CPI

August 28, 2024 01:15 PM AEST| By Investing

Investing.com-- Most Asian stocks retreated on Wednesday with technology-heavy indexes falling in anticipation of earnings from market darling Nvidia, while Australian stocks sank on a sticky inflatio

 FETC International to Participate in 2024 iCHE with Innovative Workshop and AI Smart Highway Solution Showcase

FETC International to Participate in 2024 iCHE with Innovative Workshop and AI Smart Highway Solution Showcase

August 28, 2024 01:11 PM AEST| By Cision

BANGKOK, Aug. 28, 2024 /PRNewswire/ -- FETC International is excited to announce its participation in the 5th International Conference on Highway Engineering (iCHE 2024), organized by the Depar...

 Matrixport Launches New Spot Trading Feature to Enhance User Trading Experience

Matrixport Launches New Spot Trading Feature to Enhance User Trading Experience

August 28, 2024 01:00 PM AEST| By Cision

SINGAPORE, Aug. 28, 2024 /PRNewswire/ -- Matrixport, Asia's largest one-stop financial services platform, announced the launch of a new spot trading service system, Matrixport Spot Trading. Thi...

 Air Products and Tatung Forever Energy Sign Power Purchase Agreement for Solar Electricity in Taiwan

Air Products and Tatung Forever Energy Sign Power Purchase Agreement for Solar Electricity in Taiwan

August 28, 2024 01:00 PM AEST| By Cision

TAIPEI, Aug. 28, 2024 /PRNewswire/ -- Air Products (NYSE: APD), a world-leading industrial gases company, today announced Air Products San Fu Co. Ltd. has signed a 10-year Power Purchase Agr...

 Platina Resources (ASX:PGM) and Revolver Resources (ASX:RRR) to Present Key Updates at Mines and Money 5@5 Webinar

Platina Resources (ASX:PGM) and Revolver Resources (ASX:RRR) to Present Key Updates at Mines and Money 5@5 Webinar

August 28, 2024 12:58 PM AEST| By Aditi Sarkar

Highlights,The Mines and Money 5@5 webinar will feature Platina Resources and Revolver Resources, offering insights and updates from both companies.,Platina Resources will present updates on its high-potential gold projects.,Revolver Resources will s...

 Paladin Energy (ASX:PDN) targets production of 4.0-4.5Mlb of U3O8 in FY25

Paladin Energy (ASX:PDN) targets production of 4.0-4.5Mlb of U3O8 in FY25

August 28, 2024 12:57 PM AEST| By Team Kalkine Media

Highlights,Paladin Energy is an independent uranium producer with portfolio of uranium exploration and development assets in Australia and Canada,During the latest quarter, production increased at the LHM to 517,595lb of U,3,O,8,Mirae Asset Global In...

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