News

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, ...

Bitcoin standing tall amid the gloomy Pandemic Period
November 28, 2020 03:15 PM AEDT| By Hina ChowdharyThe most popular cryptocurrency, bitcoin is now a days creating a lot of buzz in the investor community thanks to the recent rally. The pandemic year 2020 has mostly been positive for digital payment systems, including the bitcoin. If we s...
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Bitcoin Bounces Back Sharply Towards All-Time Highs, More Steam Left in the Rally?
November 26, 2020 08:47 PM AEDT| By Team Kalkine MediaBitcoin prices have rebounded and how! Just in two months time span the crypto currency is up 93% to USD 19,348 on 24th November 2020 after making a low of USD 9,825 in September 2020. Bitcoin prices broke a symmetric triangle pattern on a monthly ...
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Bitcoin Reclaims USD 19,000 After Three Years, What’s Driving the Rally?
November 25, 2020 01:58 PM AEDT| By Hina ChowdharyBitcoin has once again reclaimed the USD 19,000 mark, climbing to a high of USD 19,349.0 yesterday and is presently trading at USD 19,169.00, marking the first rally over the last three years to see the crypto asset above the USD 19,000 mark. The ma...

Jeff Bezos Funds African Fintech Start-Up Chipper Cash
November 24, 2020 01:37 AM AEDT| By Kunal SawhneyJeff Bezos seems to have broadened the bouquet of his investments as the world’s richest person has recently co-funded an African FinTech firm specialising in business payments, peer-to-peer (P2P) cash transfer and cryptocurrency trading includ...
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What is it about Bitcoin that is luring millennials?
November 23, 2020 07:52 PM AEDT| By Edita IvancevicA relationship between millennials and digital assets is a never-ending story. This statement was, once again, proven after bitcoin rose by 37 per cent in November, bringing back the memories of December 2017. As of today, one bitcoin is worth A$2...

Cryptocurrency Exchange Binance Sues Forbes Over ‘False’ Article
November 20, 2020 01:58 AM AEDT| By Kunal SawhneyWhile everyone is talking about Bitcoins crossing the record levels of $18,000, there is another major event from the crypto field doing the round. Binance, a cryptocurrency exchange, has filed a lawsuit in the United States against the New Jersey-...

Analysts Divided Over Bitcoin’s Future Prospects as It Breaks $18,000 Level
November 20, 2020 01:52 AM AEDT| By Hina ChowdharyThe price of world’s best-known cryptocurrency Bitcoin has hit $18,000 on Wednesday -- which is the highest since December 2017 and has soared about 160% this year. Throughout the pandemic and uncertain times, the investors have been putting ...

Bitcoin Knocking at All-time Highs after 3 years, USD 20,000 on cards?
November 19, 2020 01:41 PM AEDT| By Team Kalkine MediaBitcoin is grabbing eyeballs again. The currency continues to climb and is closing in on the levels not seen since it reached its highest ever mark three years ago. Bitcoin is just 12% shy of its previous all-time high of USD 19,891.0, last seen o...

Is This The Right Time To Invest In Blockchain Stocks?
November 19, 2020 01:47 AM AEDT| By Kunal SawhneyBitcoin’s price crossed US$18,000 during intraday trading on November 17 as investors turned bullish on crypto during pandemic. The largest cryptocurrency by market cap touched a high of $18,062 on November 17, a peak not seen since D...

Everything you need to know about cryptocurrency and related tax regulations
November 16, 2020 03:34 PM AEDT| By Edita IvancevicThe hectic world of cryptocurrency never stops twisting and turning. Cryptocurrencies, primarily bitcoin, have evolved since they appeared for the first time over a decade ago. With significant technological developments and younger generations be...

What is Cryptocurrency? Is Canada Moving Towards Cashless Currency?
November 09, 2020 09:55 PM AEDT| By Team Kalkine Mediatal Currency (CBDC) As we shift towards a cashless economy, use of cryptocurrencies, Bitcoin, Litecoin, Ethereum, Stellar, stable coins and similar other digital assets have been touted as the money of the future. Cryptocurrency is finding incre...

Ethereum 2.0 Set to Go Live On 1 December, May Outperform Bitcoins
November 07, 2020 08:00 PM AEDT| By Kunal SawhneyThe next-generation version of the Ethereum blockchain, which has been in the works for many years, is set to go live on 1 December 2020. The newly launched Ethereum 2.0, which was originally slated to go live on 3 January 2021, will see the block...
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Bitcoin Again Making News, More Steam left in the recent rally?
November 05, 2020 04:51 PM AEDT| By Hina ChowdharyBitcoin :(BTC) Back in the News: Will it be able to sustain the recent rally? Chart Source: Thomson Reuters Refinitiv On technical charts, Bitcoin broke the symmetric triangle pattern in the month of October. Prices are currently facing s...
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