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 Bitcoin rally hits a roadblock; price falls after Musk's tweet

Bitcoin rally hits a roadblock; price falls after Musk's tweet

February 23, 2021 06:36 PM AEDT| By Team Kalkine Media

coin is an unpredictable asset, fearing investors might take a hit. The most popular cryptocurrency in the world, bitcoin, sank nearly 10% on Monday,  dipping below the 50K-mark at one point and traded at USD 48,383.0. Bitcoin trading is hi...

 ‘Dojo 4 Doge’: Elon Musk’s Dogecoin Tweeting Spree Continues

‘Dojo 4 Doge’: Elon Musk’s Dogecoin Tweeting Spree Continues

February 23, 2021 02:34 AM AEDT| By Anuj

Source: Shutterstock Tesla owner has once again tweeted on his favorite meme-based cryptocurrency, Dogecoin. This time, just three words: “Dojo 4 Doge.” Elon Musk’s followers and the Reddit legion have started speculating on this...

 Bitcoin Joins the Trillion Dollar Club, Surpasses Facebook’s Market Cap

Bitcoin Joins the Trillion Dollar Club, Surpasses Facebook’s Market Cap

February 23, 2021 01:49 AM AEDT| By Team Kalkine Media

  The digital currency Bitcoin is once again storming the headlines with its market capitalisation surpassing USD 1 trillion mark on 19 February 2021 as its price crosses USD 55,000. Copyright © Kalkine Media Pty Ltd Bitcoin Surpasse.....

 Looking for cryptocurrencies in 2021, here are top 10 other than Bitcoin

Looking for cryptocurrencies in 2021, here are top 10 other than Bitcoin

February 21, 2021 07:00 PM AEDT| By Kunal Sawhney

  World’s largest and most admired, Bitcoin, continues to take the lead in the cryptocurrency market. On 19 February 2021, Bitcoin saw yet another record high increase in its market capitalisation to US$1 trillion. Over the past 12 mon.....

 What’s all the buzz about Cryptocurrency? Is it boosting economy?

What’s all the buzz about Cryptocurrency? Is it boosting economy?

February 21, 2021 12:32 AM AEDT| By Kunal Sawhney

The journey of cryptocurrencies has progressed from being an obscure trend to becoming an extraordinary means of investment. The initial doubts surrounding cryptocurrencies have long been snuffed out with the arrival of new entrants like Litecoin, .....

 Bitcoin Hits $1 Trillion Market Value As Crypto Rally Continues

Bitcoin Hits $1 Trillion Market Value As Crypto Rally Continues

February 20, 2021 01:05 PM AEDT| By Ipsita Sarkar

World’s largest and most popular cryptocurrency, Bitcoin, saw yet another record high on Friday, raising its market cap to $1 trillion, even as the crypto rally continues. Bitcoin’s spectacular rise, gaining some 350 per cent over the .....

 Evolve Bitcoin ETF (TSX:EBIT) Debuts On TSX

Evolve Bitcoin ETF (TSX:EBIT) Debuts On TSX

February 20, 2021 02:03 AM AEDT| By Anuj

Source: Pixabay Evolve Funds Groups’ Bitcoin ETF (TSX: EBIT) is all set to debut on the Toronto Stock Exchange (TSX) on Friday, February 19. The launch comes a day after the world’s first Bitcoin ETF, Purpose Bitcoin ETF (TSX: BTCC.B), s...

 Cryptocurrency: What Has It In Store For New Zealand’s Investors?

Cryptocurrency: What Has It In Store For New Zealand’s Investors?

February 19, 2021 12:40 PM AEDT| By Mark O'Donnell

The adoption of Cryptocurrencies and other digital assets by investors in New Zealand has accelerated in the past year as acceptance for digital assets as a legitimate investment vehicle has risen. Bitcoin is of course the most well-known and wide.....

 First Bitcoin ETF (BTCC) Zooms In TSX Debut

First Bitcoin ETF (BTCC) Zooms In TSX Debut

February 19, 2021 07:44 AM AEDT| By Ipsita Sarkar

World’s first Bitcoin ETF was on a roll in the Toronto Stock Exchange (TSX) debut on Thursday, trading some C$80 million worth of shares in first hour alone. The coin is traded with the symbol BTCC.B (for Canadian dollar) and BTCC.U (for US d.....

 CryptoStar Corp (TSX:CSTR) & Riot Blockchain Stocks Trend On Bitcoin High

CryptoStar Corp (TSX:CSTR) & Riot Blockchain Stocks Trend On Bitcoin High

February 19, 2021 02:14 AM AEDT| By Kunal Sawhney

Cryptocurrency companies CryptoStar Corp (TSX:CSTR) and Riot Blockchain Inc (NASDAQ:RIOT, RIOT:US) seem to have hitched themselves to the surging Bitcoin price, which continues to skyrocket to new record highs. The trending stocks of CryptoStar recor...

 Bitcoin Surpasses USD 52k Mark, More Steam Left in the Crypto Asset?

Bitcoin Surpasses USD 52k Mark, More Steam Left in the Crypto Asset?

February 18, 2021 01:02 PM AEDT| By Team Kalkine Media

Bitcoin has beaten all the major asset classes hands down in 2021. The digital currency has had good momentum coming into the new year. It has surpassed the level of USD 50,000 and establish a record high of USD 52,433.0 on Bitfinex (as on 18 Februar...

 What is Stellar & Lumen (XLM)? How Does It Work?

What is Stellar & Lumen (XLM)? How Does It Work?

February 13, 2021 01:16 AM AEDT| By Kunal Sawhney

Stellar is a blockchain-based payment system. Its crypto coin trades under the ticker name Lumen (XLM). The token offers discounted transactions to financial institutions via its blockchain-backed platform. Jed McCaleb, a serial cryptocurrency entre...

 Why Bank of Canada Calls Crypto Boom A Speculative Mania?

Why Bank of Canada Calls Crypto Boom A Speculative Mania?

February 11, 2021 07:35 PM AEDT| By Ipsita Sarkar

The recent surge of cryptocurrencies has caught the imagination of people from around the world. But not all are amused. A senior official of the Bank of Canada dubbed the crypto rally a speculative mania that would soon run out of steam. The ban.....

 Is Cryptocurrency hitting the mainstream again?

Is Cryptocurrency hitting the mainstream again?

February 10, 2021 04:08 PM AEDT| By Mark O'Donnell

Cryptocurrency is again filtering into the NZ mainstream news at a regular rate. This is because investors have been flocking to the digital asset while record prices are being set every other week. The price of Bitcoin, the most popular and well-.....

 Elon Musk’s Romance With Cryptocurrency

Elon Musk’s Romance With Cryptocurrency

February 10, 2021 04:37 AM AEDT| By Hina Chowdhary

Elon Reeve Musk, the founder and chief executive officer of Tesla Inc (US:TSLA or NASDAQ: TSLA), has been actively tweeting on cryptocurrency since the beginning of this year, expressing his love for the crypto market. His posts have contributed to t...

 Canadians Line-Up To Invest In Cryptocurrency Market

Canadians Line-Up To Invest In Cryptocurrency Market

February 10, 2021 03:28 AM AEDT| By Kunal Sawhney

  After Bitcoin flied to an all-time high, Canadians are actively searching for crypto exchange apps to enter the lucrative cryptocurrency market. Retail investors especially have been exploring options for crypto trading accounts.   B.....

 Marathon (MARA) & Riot Crypto Stocks Balloon With Bitcoin High

Marathon (MARA) & Riot Crypto Stocks Balloon With Bitcoin High

February 09, 2021 03:51 AM AEDT| By Hina Chowdhary

  Cryptocurrency companies Marathon Patent Group Inc (NASDAQ:MARA, MARA:US) and Riot Blockchain Inc (NASDAQ:RIOT, RIOT:US) began Monday, February 8, with notable surges in their stock prices. While Marathon stocks were up by about 34 per cen.....

 Dogecoin Roars On Elon Musk & Snoop Dogg Tweets

Dogecoin Roars On Elon Musk & Snoop Dogg Tweets

February 09, 2021 03:49 AM AEDT| By Kunal Sawhney

  The world’s richest person has been tweeting in favor of a meme-based crypto coin, Dogecoin, for the last one month. In a series of Twitter posts, Mr Musk has called the mid-cap coin a rival of giant cryptocurrency bitcoin. Dogecoin&.....

 Bitcoin Hits Record $44,500-Mark On Tesla’s $1.5-Billion Investment

Bitcoin Hits Record $44,500-Mark On Tesla’s $1.5-Billion Investment

February 09, 2021 01:38 AM AEDT| By Kunal Sawhney

  Bitcoin has made yet another record! The largest virtual coin touched the US$ 44,500-mark on Monday, February 8. The topline cryptocurrency surpassed its previous all-time high of US$ $42,002.55, with over 15 per cent surge. The surge came.....

 Ethereum Hits All Time High! Will It Cross $2,000-Mark?

Ethereum Hits All Time High! Will It Cross $2,000-Mark?

February 07, 2021 01:41 AM AEDT| By Team Kalkine Media

Ethereum rose to a record high of US$ 1,761.35 on Friday, February 5, 2021, as the cryptocurrency market rallied. The world’s second-largest virtual coin has returned more than 133 per cent this year. The token, with a market cap of over US$.....

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