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Cryptocurrency
Bitcoin bulls receive reality check at massive Miami Conference
June 10, 2021 01:26 PM AEST| By Daniel Paul JohnsThe largest-ever Bitcoin conference was held in Miami over the weekend as thousands of crypto enthusiasts attended the Mana Wynwood Convention Center to celebrate and pay homage to the world’s largest digital currency. On top of that, thousan.....
Bitcoin surges 16% as El Salvador makes crypto a legal tender
June 10, 2021 11:26 AM AEST| By Chitranjan KumarIn a major boost for the cryptocurrency market, El Salvador has officially adopted Bitcoin as a legal tender after Congress gave its nod to President Nayib Bukele’s proposal to embrace the digital coin. With this, the Central American nation .....
Bitcoin Is Now A Legal Tender In El Salvador
June 09, 2021 05:42 PM AEST| By Ipsita SarkarIn a bold move, President Nayib Bukele-led El Salvadoran passed the Bitcoin Law, allowing the use of the world’s largest cryptocurrency as a legal tender, alongside the US dollar. The small Central American nation is now the only country glob.....
All you need to know about stablecoin
June 08, 2021 08:24 PM AEST| By Daniel Paul JohnsSummary The unstable tendency of many cryptocurrencies has caused investors to search for safer alternatives. One such alternative, which is currently on the radar, is a crypto called stablecoin. What separates stablecoin from other cryptocurre.....
Bitcoin As Legal Tender: El Salvador First Nation To Back Cryptocurrency
June 06, 2021 07:02 PM AEST| By Raza NaqviSummary This move could change the course of the crypto industry globally. Cryptocurrencies are not accepted as legal tender and El Salvador's move may set a new benchmark. President Bukele’s political party Nuevas Ideas controls the El .....
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Will China’s Crackdown On Bitcoin Mining Start An Exodus?
June 06, 2021 05:48 PM AEST| By Raza NaqviChina is a leader in many aspects, including crypto mining – a process that consumes massive electricity to generate new coins through specialized power-hungry machines known as mining rigs. Based on the study of the University of Cambridge's...
The Fickle Beast: The Problem with Bitcoin
June 01, 2021 06:34 PM AEST| By Team Kalkine MediaIn Darren Aronofsky’s urban horror film - Requiem for a Dream – the two lead characters - played by Marlon Wayans and Jared Leto - stare into an empty safe once filled with cash. They talked about their longing for las.....
Bitcoin at $35K, Ethereum at $2300: Why prices of cryptocurrencies are falling
May 30, 2021 04:51 PM AEST| By Chitranjan KumarThe cryptocurrency market continued a bearish trend on Sunday following a roller-coaster week of trading, with major digital currencies such as Bitcoin and Ether witnessing a drop in their value, triggered by a growing crackdown in China and rising.....
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How Cryptocurrencies as Form of Payment can Potentially Benefit Consumers & Businesses
May 30, 2021 12:54 AM AEST| By DaminiSummary There is a growing debate around the implications of using cryptocurrencies as a form of payment over the coming years. While highly volatile in terms of trading, cryptocurrencies can offer several advantages to consumers and businesses.....
Should organizations pay wages in bitcoin?
May 28, 2021 02:21 PM AEST| By Sonal SinhaCryptocurrency is digital money considered safer than real money. Cryptocurrencies use cryptography to make the transaction secure. They first came into existence in 2009. Since then, there has been a massive surge with thousands of cryptos current.....
Bitcoin 'Time to Buy' Ad Banned by the UK Watchdog for Being Misleading
May 27, 2021 06:14 PM AEST| By Suhita PoddarThe UK's Advertising Standards Authority (ASA) has banned Bitcoin buying ad by Luno, terming it as misleading and irresponsible. The UK watchdog stated the campaign as persuasive, which failed to convey that investment in cryptocurrencies are volat.....
Elon Musk’s Dogecoin Preference Backed By “Dogs and Memes”
May 26, 2021 07:03 PM AEST| By Team Kalkine MediaTesla Chief Executive and esoteric cryptocurrency enthusiast Elon Musk tweeted over the weekend why he backs Dogecoin over other cryptos like Bitcoin and Ethereum. In response to a tweet asking why he chooses Dogecoin over other cryptos currently .....
Crypto Day Traders a Big Cause of Crash
May 26, 2021 03:25 PM AEST| By Team Kalkine MediaSummary Crypto day traders taking excessive positions on crypto were a major cause of Bitcoin’s massive fall in the past week. China’s tightening of regulations and Tesla CEO Elon Musk’s recent comments and announcements regar.....
What Is Polygon (MATIC) Crypto? What Is Its Price Prediction?
May 25, 2021 08:08 PM AEST| By AnujPolygon (formerly Matic Network) is an easy-to-navigate blockchain platform for Ethereum infrastructure scaling and expansion. Its core components support the development of multiple forms of decentralized applications. The blockchain’s cryp.....
Have you sold all your Bitcoins? Sustainability Versus Risk
May 25, 2021 05:04 PM AEST| By Team Kalkine MediaSummary Bitcoin has lost almost 50% of its value since April when it hit a high of US$65,000, leading to serious concerns about its future and whether it should be considered a viable investment. Goldman Sachs revealed yesterday that Ethereum, .....
Why Is Goldman Sachs Calling Cryptocurrencies A New Asset Class?
May 25, 2021 03:48 PM AEST| By AbhijeetSummary Investment bank Goldman Sachs in a note suggested that cryptocurrencies could become a new asset class. Cryptocurrencies suffered a free fall over the weekend, after the earlier rally it saw. The market recovered slightly on Monday mor.....
Musk’s tweet sways cryptocurrencies again, Bitcoin leaps 10%
May 25, 2021 10:43 AM AEST| By Furquan MoharkanThe prices of various cryptocurrencies went soaring after a tweet from billionaire CEO of Tesla Inc (NYSE:TSLA)– Elon Musk. Overnight, Mr Musk tweeted about sustainability of the digital coin. “Spoke with North American Bitcoin miners......
Cryptocurrencies Across the World Experience a Free-Fall over the Weekend
May 24, 2021 03:10 PM AEST| By Team Kalkine MediaThe global cryptocurrency market has suffered considerable losses in the past 24 hours as several of the most prominent digital currencies struggle to maintain the record highs achieved one month ago. The price of the world’s largest cryptoc.....
Elon Musk Calls for Renewable Energy Audits by Bitcoin Miners
May 21, 2021 04:57 PM AEST| By Team Kalkine MediaTesla (NASDAQ:TSLA) CEO and Bitcoin flip-flopper Elon Musk said on Thursday that concerns about Bitcoin’s environmental impact could be addressed by audits of renewable energy used by its miners. Source: © Niserin | Megapixl.com In a.....
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Crypto Market Rollercoaster: Musk's ‘Manipulation’ Or Frenzied Buying?
May 20, 2021 10:40 PM AEST| By AnujThe cryptocurrency market saw an unusual convergence of bearish fundamentals on Wednesday, May 19, triggering a massive plunge across all digital coins. Later in the day, however, crypto analysts were left scratching their heads as Bitcoin prices ma...