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News
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Bitcoin Hits New Record High, Sails Past USD 30,000
January 04, 2021 02:20 PM AEDT| By Hina ChowdharyBitcoin has started the year 2021 with quite a show after prices of the digital currency climbed the price ladder swiftly to surpass the level of USD 30,000 and establish a record high of USD 34,253.0 on Bitfinex (as on 3 January 2021). Image Sour...
What All To Expect From Cryptocurrencies In 2021?
January 03, 2021 12:40 AM AEDT| By Team Kalkine MediaIn yet another milestone, Bitcoin breached US$ 29,000-mark on the second-last day of 2020. The cryptocurrency’s price has soared four times this year. Currently, just a fraction of investors and millennials know about some of the famous crypto...
Bitcoin in 2020 - A Year of Low Interest Rate, Quantitative Easing, And Economic Drop-Off
January 02, 2021 12:41 AM AEDT| By Kunal SawhneyBitcoin has been the top performing asset of the year 2020 with its blistering price run being primarily supported by large institutional purchases. It has delivered a superior price return of more than 230 per cent on a YTD basis, outperforming all...
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Bitcoin Shifting Value Proposition
December 31, 2020 06:58 PM AEDT| By Mark O'DonnellIn 2017-18, the crypto asset market was booming. By the closure of 2017, the market capitalisation stood at 566 Billion USD, up from 17 Billion one year prior. The boom was fuelled largely by the proposition that crypto assets (and their underlying t...
Bitcoin’s Winning Streak Continues, Surpasses $28,500-Mark
December 31, 2020 12:25 AM AEDT| By Kunal SawhneyBitcoin is drawing an end to 2020 with a bang. The giant cryptocurrency once again created history by soaring above US$ 28,500-mark on Wednesday, December 30. The virtual coin has gained nearly 47 per cent this month. Consequently, Bitcoin is now exp...
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Another Shock for Ripple Investors, Coinbase to Suspend XRP Ahead of IPO
December 29, 2020 03:13 PM AEDT| By Team Kalkine MediaXRP is once again in the news after cryptocurrency exchange – Coinbase Inc. said that it would suspend the trading of XRP in the wake of a recent lawsuit filed by the United States Securities and Exchange Commission (SEC). To Know More, Do Rea...
SEC Files Lawsuit Against XRP, How is the Crypto Space Panning Out?
December 29, 2020 12:48 PM AEDT| By Hina ChowdharyThe crypto space is inundated with a series of both good and bad news. Bitcoin is witnessing large buying interest and hitting a fresh all-time high while civil suits are being filed against Ripple. SEC Files Civil Suit Against XRP for Breaching Inv...
As demand soars, Bitcoin’s price reaches an all-time high
December 22, 2020 11:52 AM AEDT| By Edita Ivancevicwarn that Bitcoin’s high volatility could also take a downturn at any time. Many financial experts had predicted Bitcoin would reach its all-time high worth by the end of this year. The cryptocurrency reached a whopping US$23,770.85 earl....
What Is Dogecoin & Why Is Elon Musk Tweeting About It?
December 21, 2020 10:43 PM AEDT| By Kunal SawhneyMeme-inspired cryptocurrency Dogecoin, or ‘Doge’, soared in the markets after Tesla (TSLA: US or NASDAQ: TSLA) CEO Elon Musk gave it shout-out while lambasting the rising bitcoin in a series of tweets. The tweets came after crypto gian.....
FCA Calls on Investors to Pull Out Their Money from Unregistered Crypto Asset Firms
December 19, 2020 09:09 AM AEDT| By Kunal SawhneyBritish financial regulator Financial Conduct Authority (FCA) is expected to go hard on unregistered crypto-asset firms. The FCA has urged the investors to pull out their investments from unregistered firms at the earliest. The FCA on Wednesday sa.....
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Coinbase Files For IPO In First For Cryptocurrency Exchange
December 18, 2020 08:55 PM AEDT| By Team Kalkine MediaCryptocurrency exchange, Coinbase Inc, announced on December 17 that it has secretly filed for a public offering on the U.S. Securities and Exchange Commission (SEC), becoming the latest in high-profile startups to follow an IPO route in 2020. If .....
Bitcoin surged to an all-time high of US$23,700, High traffic crashed exchanges
December 18, 2020 01:26 PM AEDT| By Team Kalkine MediaOn 16 December 2020, Bitcoin rose to the record high of US$21,569, surpassing the much-awaited level of US$20,000 for the first time in its history. However, the rally didn’t stop there and continued all the way to US$23,776 as of 17 December.....
5G and Blockchain: Paving Way For Crypto Mining
December 18, 2020 03:55 AM AEDT| By Team Kalkine Mediacy mining. In 2020, the world witnessed bitcoin breach unprecedented levels. The cryptocurrency crossed US$ 23000 for the first time in history in a dizzyingly rally on December 17. Ethereum, the second-largest cryptocurrency tha...
Bitcoin Scales USD 20,000 – Bulls on Charge or a Trap?
December 17, 2020 01:17 PM AEDT| By Kunal SawhneyBitcoin prices have smashed through the USD 20,000 mark to reach a new record high - the blistering rally in Bitcoin has delivered a one-year return of 190 per cent. The recent rally in the cryptocurrency has been well-supported by large institutiona...
Historic! Bitcoin Surpasses $20,000-Mark Amid Cryptocurrency Bull Rally
December 17, 2020 04:01 AM AEDT| By Team Kalkine MediaBitcoins have never been more valuable! The virtual currency crossed the US$-20000 mark in it short two-decade life, supported by massive growth and mainstream acceptance of cryptocurrencies. The world largest virtual currency soared almost 3.....
What is Facebook’s Diem and will it ever see the light of day?
December 14, 2020 07:31 PM AEDT| By Edita Ivancevicis still unknown, and some professionals think Diem may never become a real thing. What was once known as Libra has changed its name to Diem. It is a digital cryptocurrency accessible via American social media conglomerate corporation Facebook....
How Bitbond and BVDH launched Euro stablecoin
December 11, 2020 12:57 AM AEDT| By Kunal SawhneyOne of the oldest Germany’s banks Bankhaus von der Heydt and blockchain technology provider Bitbond have successfully launched the first-ever Euro stablecoin, which is now available for trading. On 9 December, the BVDH launched Euro stablecoi.....
Hedge Funds to Hollywood Celebrities Fancy Bitcoin
December 06, 2020 12:16 AM AEDT| By Kunal SawhneyBitcoin has gained good momentum in the past few weeks. The prices of the cryptocurrency have scaled an all-time high, after a gap of three-years. With a YTD return of ~ 177 per cent (as on 30 November 2020), the Bitcoin is outperforming all other ma...
Ether up 4x this year, all eyes on Ethereum 2.0
December 02, 2020 01:13 PM AEDT| By Kunal SawhneyWhile the most popular cryptocurrency bitcoin is soaring high nowadays, Ether, the world's second-biggest virtual currency by market value, is following the trend. It is up more than 4x this year. Since the beginning of the year, cryptocurrency has b...
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Bitcoin At an All-Time High Outperforming All Asset Classes, Why are investors Gung-ho?
December 01, 2020 06:18 PM AEDT| By Kunal SawhneyBitcoin prices finally climbed to a record high, taking less than three years to scale the previous all-time high the previous high seen in December 2017. The world’s most popular cryptocurrency gained considerable momentum in the recent past,...
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