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News
Auction House to Accept Bitcoin and Ether as Payment for Banksy Auction
May 06, 2021 08:21 PM AEST| By Team Kalkine MediaSummary An auction house has announced it will accept cryptocurrency at an upcoming auction for an art piece by legendary artist Banksy. This will mark the first time Sotheby’s will accept cryptocurrency as a payment mode for a painting. .....
Bitcoin Emerging from the Underground: New Innovations to Allow Banks to Deal with Bitcoin Directly
May 06, 2021 07:10 PM AEST| By Team Kalkine MediaSummary Banks can now offer customers the ability to purchase, sell and hold Bitcoin after fintech leader FIS partnered with cryptocurrency technology firm NYDIG. The new collaboration would allow banks to provide Bitcoin services within their .....
New Cryptocurrency Index Takes Crypto Closer to Mainstream
May 05, 2021 07:49 PM AEST| By Team Kalkine MediaSummary S&P Dow Jones has launched a new series of digital asset benchmarks, further cementing the digital asset class as a mainstream option for investors. The move comes as investor demand for index-based solutions continues to grow amids.....
Can Dogecoin Hit $1 Before Elon Musk's SNL Debut?
May 05, 2021 07:19 PM AEST| By AnujDogecoin (Doge) set a fresh record high on Wednesday, May 5 (2AM EST), smashing over US$ 0.69 apiece. The meme-inspired cryptocurrency, which is also known for its Shiba Inu dog-mascot, currently has a market capitalization of over US$ 89 billion, ac...
Ethereum creator becomes a billionaire at just 27 as the crypto price surges
May 05, 2021 04:26 PM AEST| By Team Kalkine MediaSummary Ethereum has reached a unit value of AU$4,291 for the first time in its history. The sudden surge of the second largest cryptocurrency has made its creator, Vitalik Buterin, a billionaire. A massive upsurge in the trading of Non-Fungib.....
S&P Dow Jones Indices test the waters in digital assets
May 05, 2021 11:56 AM AEST| By Furquan MoharkanIn what seems to add deeper mainstream hue to cryptocurrencies, the world’s largest index provider – S&P Dow Jones Indices (S&P DJI) – has announced the launch of its digital asset benchmarks named S&P Digital Market I.....
Doge To The Moon! Dogecoin Hits Record High Ahead Of Musk’s SNL Debut
May 05, 2021 01:56 AM AEST| By AnujCryptocurrency Dogecoin surpassed Stellar to take the fourth position in terms of market cap after it recorded an all-time high of US$ 0.495439 apiece on Tuesday, 4 May (4:15AM EST). The meme token climbed as much as 26 per cent and pushed its marke...
XRP Makes Waves, Soars 40% in the Past Week
May 04, 2021 03:50 PM AEST| By Team Kalkine MediaSummary Cryptocurrency Ripple (XRP) has gained a 3% market share, having risen 40% in the past seven days. Ripple, first launched in 2012, was designed to improve upon the limitations of Bitcoin (BTC) by creating a more sustainable digital asse.....
Ethereum Crosses $3K-Mark To Hit All-Time High. What Next?
May 03, 2021 07:06 PM AEST| By Team Kalkine MediaEthereum (Ether), the second largest crypto by market cap, surpassed the US$ 3,000-mark for the first time ever on Sunday, May 2. The blockchain giant hit multiple record highs last week as the European Investment Bank (EIB) issued its digital bonds...
Why Berkshire’s Charlie Munger ‘hates’ Bitcoin’s meteoric rise
May 03, 2021 04:16 PM AEST| By Team Kalkine MediaSummary Expressing his dislike for Bitcoin, Berkshire Hathaway’s Vice Chairman Charlie Munger on Saturday said: “Of course I hate the bitcoin success.” The 97-year-old Munger was speaking at a Q&A session at the Berkshire&.....
A New Copyright Lawsuit May Unveil Bitcoin’s True Founder
May 03, 2021 02:19 PM AEST| By Team Kalkine MediaSummary Australian Craig Wright is filing a copyright claim against the website Bitcoin.org, claiming he is the true founder of the cryptocurrency Bitcoin. Wright’s claims are disputed by many, with Bitcoin.org declaring that his allegati.....
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Can Ethereum Surpass Bitcoin In Terms Of Market Cap?
April 30, 2021 11:55 PM AEST| By AnujEthereum made headlines this week in April as the European Investment Bank (EIB) launched its "digital bond" sale worth US$128 million using the blockchain network’s platform. Meanwhile, Ethereum-based FinTech firm Notional raised US$ 10 millio...
Ether Hits All-Time High Taking the Spotlight Away from Bitcoin
April 30, 2021 08:26 PM AEST| By Team Kalkine MediaSummary Ether rose to AU$3,500 on Thursday, achieving an all-time high for the cryptocurrency. The crypto’s rise has weakened Bitcoin’s market dominance as its market share dropped below 50% for the first time since 2018. Ether.....
Game on for Crypto: Inverse ETFs Will Create a Bull Vs Bear Race
April 30, 2021 07:06 PM AEST| By Team Kalkine MediaSummary Horizon ETF Management has launched the first inverse Bitcoin ETF, allowing investors to short crypto much in the same way investors can short a stock. Crypto ETFs provide an opportunity for mainstream investors to invest in cryptocurre.....
Dogecoin Surging! Should You Buy It Ahead Of Elon Musk's SNL Debut?
April 29, 2021 08:45 PM AEST| By AnujCryptocurrency Dogecoin skyrocketed by over 32 per cent on Wednesday, April 29, following Tesla owner Elon Musk’s tweet describing himself as “The Dogefather”. The engineer-turned-entrepreneur is also set to represent the meme-cryp...
Dogecoin Skyrockets 20% in Just One Day
April 29, 2021 05:02 PM AEST| By Team Kalkine MediaSummary Dogecoin has risen over 20% in the past 24 hours following a tweet from Tesla founder Elon Musk. The crypto surged from US$0.25 to US$0.30 in just fifteen minutes. The surge had brought dogecoin to highs not seen for two weeks when the.....
Nexon joins Tesla, Mastercard, PayPal, BNY Mellon in Bitcoin bet
April 29, 2021 04:44 PM AEST| By Team Kalkine MediaSummary Nexon purchased Bitcoin worth US$100 million, representing nearly 2% cash and cash equivalents reserves of the company. The Japanese online gaming firm purchased 1,717 bitcoins at an average price of approximately $58,226. The big comp.....
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Ethereum Soars To Record High. Here’s What Caused Its Rise
April 28, 2021 11:42 PM AEST| By AnujSummary Ethereum, the world’s second biggest crypto asset, set a record peak of US$ 2,718.6 per token during Asian markets’ trading hours on Wednesday, April 28. The surge came in the wake of reports on European Investment Bank&rsqu.....
Bitcoin Roars Back Following Last Week’s Massive Sell-Off
April 27, 2021 05:39 PM AEST| By Team Kalkine MediaSummary Bitcoin rebounded significantly to AU$69,116 a coin on Monday morning after dropping to a low of AU$47,549 last week. Tesla is set to release its first set of results after adding US$1.5 billion worth of Bitcoin to its portfolio in Marc.....
Cryptocurrency Surge Gives Way to an Increase in Number of Scams
April 27, 2021 10:30 AM AEST| By Team Kalkine MediaSummary ASIC has recorded a recent rise in crypto-related scams. Banks are not legally obligated to return customer’s money lost to crypto scams. Investors can take precautions to prevent falling victim to such fraudulent activities. .....
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