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Cryptocurrency
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$65,000, leading to serious concerns about its future and whether it should be considered a viable investment. Goldman Sachs revealed yesterday that Ethereum, .....
Why Is Goldman Sachs Calling Cryptocurrencies A New Asset Class?
May 25, 2021 03:48 PM AEST| By AbhijeetSummary Investment bank Goldman Sachs in a note suggested that cryptocurrencies could become a new asset class. Cryptocurrencies suffered a free fall over the weekend, after the earlier rally it saw. The market recovered slightly on Monday mor.....
Musk’s tweet sways cryptocurrencies again, Bitcoin leaps 10%
May 25, 2021 10:43 AM AEST| By Furquan MoharkanThe prices of various cryptocurrencies went soaring after a tweet from billionaire CEO of Tesla Inc (NYSE:TSLA)– Elon Musk. Overnight, Mr Musk tweeted about sustainability of the digital coin. “Spoke with North American Bitcoin miners......
Cryptocurrencies Across the World Experience a Free-Fall over the Weekend
May 24, 2021 03:10 PM AEST| By Team Kalkine MediaThe global cryptocurrency market has suffered considerable losses in the past 24 hours as several of the most prominent digital currencies struggle to maintain the record highs achieved one month ago. The price of the world’s largest cryptoc.....
Post Crypto Crash, What Are Bitcoin's Resistance & Support Levels?
May 22, 2021 02:54 AM AEST| By AnujAfter the cryptocurrency market crash on Wednesday, May 19, Bitcoin (BTC) has settled at its support level of US$ 38,000 for the last two trading days. However, crypto analysts have varied resistance level predictions for the volatile token. Bitcoin...
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...
How did the Latest Crash affect Cryptocurrencies’ YTD Returns?
May 20, 2021 07:18 PM AEST| By Team Kalkine MediaSummary Several major cryptocurrencies experienced devastating dives yesterday, including Bitcoin and Ethereum. Although many cryptocurrencies lost big, they still mainly offer a positive year-to-date (YTD) return. Several cryptocurrencies.....
Just How Tethered is Tether?
May 20, 2021 04:01 PM AEST| By Team Kalkine MediaSummary Tether is what’s known as a ‘stablecoin’ which is a crypto somehow tied to an external source like currency or precious resources. Tether released a “breakdown” of its capital reserves to assure the public .....
Is the wild ride still on for these five cryptocurrencies?
May 20, 2021 03:02 PM AEST| By AayushSummary The crypto space seems to have taken a tumultuous U-turn, having enjoyed a one-sided rally since October last year. China has knocked out the crypto bulls off the ring by banning cryptos completely. On the charts, Bitcoin is being seen.....
Five cryptocurrencies that lost more than 50% in 24 hours
May 20, 2021 12:18 PM AEST| By Furquan MoharkanThe cryptocurrency market has collapsed – marking its biggest single day loss in history. Bitcoin crumbled by 30% while Ethereum plummeted 44% -- all within 24 hours. But they aren’t the biggest losers still. The seven biggest losers in.....
Coinbase Stock Hits Record Low As Bitcoin Nosedives
May 20, 2021 08:50 AM AEST| By Kiran MuraliSummary Coinbase stock marked its record low of US$208 in Wednesday’s trading. Bitcoin plunged as much as 29 percent before regaining some of the losses. Coinbase users experienced an outage while logging in for trading and balance check.....
Finally, There’s Bitcoin Pizza. But It Doesn't Accept Bitcoin!
May 20, 2021 03:32 AM AEST| By Team Kalkine MediaBitcoin has been in the spotlight lately. Despite the volatile nature of the digital currency, crypto enthusiast Anthony Pompliano has come up with a business venture to fund the development of cryptocurrencies. The blockchain technology and digital...
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