Cryptocurrency


 Why is Bitcoin's Price Falling Today?

Why is Bitcoin's Price Falling Today?

August 28, 2024 03:31 PM AEST| By Team Kalkine Media

Bitcoin's price has declined recently due to a combination of macroeconomic pressures, reduced network activity, and uncertainty surrounding Federal Reserve interest rate adjustments. From August 26 to August 27, Bitcoin's value fell by 3.4%, breakin...

 Bitcoin Exchanges See 3rd-Largest Net Daily Outflow of 2024

Bitcoin Exchanges See 3rd-Largest Net Daily Outflow of 2024

August 28, 2024 03:30 PM AEST| By Team Kalkine Media

Bitcoin is experiencing a notable uptick in exchange withdrawals as its price trends towards $60,000. On August 27, data from the on-chain analytics platform CryptoQuant revealed preliminary net outflows of approximately 45,000 Bitcoin from exchanges...

 Crypto Declines, but FET and AI Tokens Rise — Here's Why

Crypto Declines, but FET and AI Tokens Rise — Here's Why

August 28, 2024 03:29 PM AEST| By Team Kalkine Media

AI tokens, including Fetch.ai’s FET, have outperformed the broader cryptocurrency market this week. This notable performance comes amidst a period of short-lived price breakouts, exemplified by Bitcoin’s recent brief rally to $65,000 on August 24.,Re...

 Bitcoin Weakens as Crypto Market Faces 5-Month Downtrend

Bitcoin Weakens as Crypto Market Faces 5-Month Downtrend

August 28, 2024 03:28 PM AEST| By Team Kalkine Media

Bitcoin’s recent rally to $65,000 has dissipated, despite the US Federal Reserve’s indication of an interest rate cut in 2024. Over the weekend from August 24 to August 25, Bitcoin surged to $65,000, marking an extension of its recovery from the Augu...

 BTC Price Warning: Binance Eyes Sub-$60K Bitcoin

BTC Price Warning: Binance Eyes Sub-$60K Bitcoin

August 28, 2024 03:27 PM AEST| By Team Kalkine Media

Bitcoin's recent price performance has shifted focus to weakness in the market as the cryptocurrency struggles to maintain momentum above $65,000. This price action has led to concerns about a possible “liquidation cascade” that could drive Bitcoin (...

 Aussies Lost $122 Million to Crypto Scams in the Past Year: AFP

Aussies Lost $122 Million to Crypto Scams in the Past Year: AFP

August 28, 2024 02:43 PM AEST| By Team Kalkine Media

The Australian Federal Police (AFP) have identified deep fakes and pig butchering as the predominant tactics used by scammers to defraud individuals. In the past year, Australians experienced losses of $122 million from cryptocurrency-related scams,...

 TON Experiences Outage, No New Blocks Produced for 3 Hours

TON Experiences Outage, No New Blocks Produced for 3 Hours

August 28, 2024 02:42 PM AEST| By Team Kalkine Media

The Telegram Open Network (TON) has experienced a significant disruption, halting block production and transaction validation due to an overwhelming surge in trading activity associated with a newly launched memecoin named DOGS. The network has not p...

 Long-Term Bitcoin Ownership Exceeds $10B as Price Falls Below $60K

Long-Term Bitcoin Ownership Exceeds $10B as Price Falls Below $60K

August 28, 2024 02:41 PM AEST| By Team Kalkine Media

As Bitcoin's price dips below $60,000, the total value of Bitcoin within long-term holder wallets has surpassed $10 billion. CryptoQuant contributor Amr Taha on August 27, this milestone reflects a significant trend among long-term Bitcoin holders, w...

 Ondo's USDY Yield Coin Launches on Arbitrum

Ondo's USDY Yield Coin Launches on Arbitrum

August 28, 2024 02:40 PM AEST| By Team Kalkine Media

Tokenized treasury products are increasingly being adopted across blockchain networks, with Ondo Finance expanding its Ondo US Dollar Yield Token (USDY) to the Arbitrum network, an Ethereum layer-2 scaling solution. This development was announced in...

 'PolitiFi' Tokens Surge 667% This Year, Outperforming All Memecoins

'PolitiFi' Tokens Surge 667% This Year, Outperforming All Memecoins

August 28, 2024 02:39 PM AEST| By Team Kalkine Media

Political-themed memes coins, or “PolitiFi” tokens, have significantly outperformed other namecoin categories in 2024, with a notable 667% increase in market capitalization. As of August 27, the PolitiFi sector, which includes tokens such as MAGA (TR...

 Bitcoin’s 3-Year Chart Pattern Approaches Breakout as Foresees 312% ROI

Bitcoin’s 3-Year Chart Pattern Approaches Breakout as Foresees 312% ROI

August 28, 2024 01:29 AM AEST| By Team Kalkine Media

Bitcoin is showing signs of a significant price surge, with some projecting it could reach $260,000 by the end of 2024. Despite Bitcoin briefly surpassing $62,000 in August, its price has faced challenges in maintaining bullish momentum. However, Ger...

 Celsius Disburses $2.5B to 251,000 Creditors During Bankruptcy Proceedings

Celsius Disburses $2.5B to 251,000 Creditors During Bankruptcy Proceedings

August 28, 2024 01:27 AM AEST| By Team Kalkine Media

As of the latest update from the Celsius bankruptcy administrator, over 121,000 creditors have yet to claim their funds. Celsius Network, the troubled crypto lender, has made significant progress in its bankruptcy proceedings by repaying approximatel...

 The Evolution of Telegram Mini Apps: Origins and Current Status

The Evolution of Telegram Mini Apps: Origins and Current Status

August 28, 2024 01:26 AM AEST| By Team Kalkine Media

In 2024, The Open Network (TON), the blockchain platform linked to Telegram, experienced significant growth, driven largely by the adoption of Telegram Mini Apps. According to DefiLlama, the total value locked (TVL) in TON projects surged over 2,000%...

 Payment Transformation from Web2 to Web3: The Path to a Tokenized Future

Payment Transformation from Web2 to Web3: The Path to a Tokenized Future

August 28, 2024 01:22 AM AEST| By Team Kalkine Media

The transition from Web2 to Web3 in finance reveals substantial opportunities, akin to the shift from web to mobile apps a decade ago. The growth of the global Web3 market, projected to reach $5.5 trillion by 2030, underscores this transformative.,Th...

 Bitcoin Set for Breakout as US Money Market Funds Hit $6.2T

Bitcoin Set for Breakout as US Money Market Funds Hit $6.2T

August 28, 2024 01:20 AM AEST| By Team Kalkine Media

Bitcoin appears to be on the cusp of a significant breakout in September, reaching new all-time highs, though it faces resistance at the $65,000 mark.,Recent data highlights a notable increase in investments within U.S. money market funds, which have...

 Cardano Network Weakness Draws Attention to Key Support Levels

Cardano Network Weakness Draws Attention to Key Support Levels

August 28, 2024 01:00 AM AEST| By Team Kalkine Media

Recent developments within the,Cardano,(,ADA,) network have drawn attention to the $0.40 and $0.35 price levels. This focus has emerged in response to observed weaknesses in the network’s performance, which have impacted its market dynamics.,Current...

 XRP's 12-Year Challenge to Break Five Dollar Mark

XRP's 12-Year Challenge to Break Five Dollar Mark

August 28, 2024 12:57 AM AEST| By Team Kalkine Media

XRP, the digital asset associated with Ripple, has faced a prolonged challenge in breaking the $5 price barrier over the past 12 years. A recent commentary from a prominent figure in the,cryptocurrency,sector suggests that this extended struggle may...

 Exploring the Digital Era and Cryptocurrency Through Cinema

Exploring the Digital Era and Cryptocurrency Through Cinema

August 28, 2024 12:55 AM AEST| By Team Kalkine Media

In the world of film, a new project has emerged that delves into the intersection of cinema and the digital era, with a particular focus on,cryptocurrency,. This film seeks to explore how these modern concepts influence and reflect contemporary socie...

 Bitcoin Tops Digital Asset Inflows with Recent Surge

Bitcoin Tops Digital Asset Inflows with Recent Surge

August 28, 2024 12:54 AM AEST| By Team Kalkine Media

In the realm of digital assets, Bitcoin has emerged as a prominent leader of,cryptocurrency,following a notable surge in inflows. Recent data highlights that Bitcoin has attracted significant investment over the past five weeks, marking a period of s...

 Boost Institution's Ethereum Staking with NORS Certification

Boost Institution's Ethereum Staking with NORS Certification

August 28, 2024 12:52 AM AEST| By Team Kalkine Media

In the field of blockchain technology and digital finance, the recent introduction of NORS (Network of Reliable Staking) certification is set to significantly impact,Ethereum,staking. This new certification is anticipated to play a pivotal role in in...

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