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Cryptocurrency
What’s Behind the XRP's 26% Surge?
August 09, 2024 02:36 PM AEST| By Team Kalkine MediaXRP's price surged by 26% following significant developments in the ongoing legal battle between Ripple Labs and the Securities and Exchange Commission (SEC). On August 7, a New York federal judge's decision to impose a $125 million civil penalty on...
Bitfarms Stock Jumps 22% as Q2 Loss Beats Expectations
August 09, 2024 11:56 AM AEST| By Team Kalkine MediaHeadlines :,[,Bitfarms,] Stock Rises 22%,:,[,Bitfarms,] saw a 22% increase in stock value following better-than-expected Q2 earnings, reporting a loss of 7 cents per share compared to the forecasted 11 cents.,Revenue,Decline and Halving Impact,:,The...
Bitcoin Surges Back to $62K, Forming a 'Massive Bull Hammer' on the Price Chart
August 09, 2024 11:50 AM AEST| By Team Kalkine MediaHeadlines:,[,Bitcoin] Surpasses $62,000,:,[Bitcoin],has,crossed $62,000 for the first time since August 3, marking a significant rebound from its recent drop below $50,000, known as "Crypto Black Monday.",Bullish,Pattern Identified,:,Traders point to...
What’s driving the BNB price higher today?
August 09, 2024 11:41 AM AEST| By Team Kalkine Media[BNB], the native token of the [BNB Chain], surged 6% on August 8, pushing past the $500 resistance level to reach $514. Despite this gain, [BNB] remains down 9% for the week, following a significant correction earlier in August due to waning investo...
Palantir PLTR Rises 11% Following New AI Deal with U.S. Defense and Intelligence Agencies
August 09, 2024 11:34 AM AEST| By Team Kalkine MediaHeadlines:,Palantir Technologies (,NYSE:PLTR,) shares jumped 11% following the announcement of a partnership with Microsoft (,NASDAQ:MSFT,),to provide AI services to U.S.,defense,and intelligence agencies.,The partnership will see Palantir (,NYSE:PLT...
How Bitcoin’s Recent Movement Indicate a Market Rebound?
August 08, 2024 05:36 PM AEST| By Team Kalkine MediaBitcoin’s price action is nearing a critical technical indicator known as the “death cross,” yet historical data provides a more nuanced perspective on its potential implications. Despite the looming crossover of the 50-day simple moving average (SMA...
Why a Dip to $40,000s is Essential in Bitcoin?
August 08, 2024 04:58 PM AEST| By Team Kalkine MediaA crypto analyst proposes that Bitcoin enthusiasts should wait for the asset’s price to fall into the low $40,000 range before making their next investment. This strategy aims to secure the best possible entry point for the anticipated next bull run....
Dogwifhat Outpaces Memecoins and Bitcoin with 13% Gains
August 08, 2024 04:57 PM AEST| By Team Kalkine MediaDogwifhat (WIF), a memecoin project on the Solana blockchain, has experienced a notable rebound, significantly outperforming both major cryptocurrencies and other,memecoin,. On August 6, WIF's price surged by 13%, reaching a peak of $1.77. This rebou...
Bitcoin Sees Massive Accumulation as Price Dips Below $50K
August 08, 2024 04:34 PM AEST| By Team Kalkine MediaBitcoin whale transactions have surged to their highest levels since April during a significant market downturn on August 5 and 6, according to recent on-chain data. The analysis from Sentiment reveals that wallets holding between 10 and 1,000,Bitcoi...
BlackRock’s Ethereum ETF Sets Records with Nearly $900M Inflows
August 08, 2024 04:33 PM AEST| By Team Kalkine MediaThe launch of BlackRock’s iShares Ethereum Trust (ETHA) has demonstrated remarkable success, amassing nearly $900 million in total inflows within just 11 trading days. This rapid accumulation underscores the growing investor interest in,Ethereum,and...
Jump Trading Again Dumps $29M Worth of Ether
August 08, 2024 04:32 PM AEST| By Team Kalkine MediaEthereum's price dynamics are showing signs of potential stabilization as significant market makers, notably Jump Trading, reduce their selling activities. This shift might suggest that the,cryptocurrency,is approaching a bottom, indicating a possibl...
Bitcoin’s Volatility Index Reaches Highest Level in 20 Months
August 08, 2024 04:31 PM AEST| By Team Kalkine MediaBitcoin’s volatility index has surged to its highest level in 20 months, signaling increased uncertainty in the,cryptocurrency,market. As Bitcoin’s price recently fell below $50,000, the Volmex Implied Volatility Index hit a peak of 97.14, reflecting...
Will Bitcoin’s Price Bounce Back to its 59K Price Range?
August 08, 2024 03:29 PM AEST| By Team Kalkine MediaBitcoin’s current price performance presents a significant challenge for bulls as the,cryptocurrency,attempts to rebound from recent lows. With the BTC price having recently touched a six-month low of $49,500, the crucial test for Bitcoin now lies in...
Tornado Cash Sanctions Reveal Ethereum's Resistance Weakness
August 08, 2024 03:29 PM AEST| By Team Kalkine MediaThe Federal Reserve Bank of New York has released a comprehensive report examining the impact of sanctions imposed on Tornado Cash, a,cryptocurrency,mixer blacklisted by the US Treasury Department in 2022. The report sheds light on the effectiveness...
What’s Behind the $2B ETH Move from Plus Token Wallets?
August 08, 2024 03:27 PM AEST| By Team Kalkine MediaAfter a period exceeding three years without activity, cryptocurrency wallets associated with the notorious Plus Token Ponzi scheme have begun transferring substantial amounts of,Ethereum,(ETH). The recent movement of approximately $2 billion in ETH...
Ethena Labs Debuts USDe Stablecoin on Solana Blockchain
August 08, 2024 03:27 PM AEST| By Team Kalkine MediaThe stablecoin USDe has officially launched on the Solana network, marking a significant expansion from its previous availability only on,Ethereum,. The announcement, made on August 7 by Ethena Labs, highlights the integration of USDe with several pr...
Exploring Factors that Could Drive Solana’s Price to $200
August 08, 2024 02:32 PM AEST| By Team Kalkine MediaSolana’s price might experience a significant rally, potentially reaching $200 if the cryptocurrency can convert the $148 level into a robust support base, according to recent technical analysis. The digital asset has been exhibiting strong performan...
How ETF Outflows and Market Uncertainty can Push Bitcoin's Below $57K?
August 08, 2024 02:31 PM AEST| By Team Kalkine MediaBitcoin's price has struggled to maintain levels above $57,000, even after a notable 5.5% increase on August 6. Despite positive momentum in traditional financial markets, such as a 2.2% rise in the Euronext 100 index and a 2.8% surge in oil prices,,...
Will Bitcoin Fall Below $50K Amid Tech Stock Turmoil?
August 08, 2024 02:29 PM AEST| By Team Kalkine MediaBitcoin could encounter increased downward pressure if major technology stocks in the United States continue their decline. The "Magnificent Seven," a term for leading,US tech stocks,such as Nvidia and Microsoft, has experienced significant market va...
Ripple Fined $125 Million for Improper Sale of XRP Tokens
August 08, 2024 01:25 PM AEST| By Team Kalkine MediaHighlights,$,125 Million Penalty,:,Ripple Labs has been ordered to pay approximately $125 million to the SEC for improperly selling [XRP] tokens, significantly less than the $2 billion initially sought by the SEC.,Case,Background,:,The SEC's lawsuit,...
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