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Crypto Declines, but FET and AI Tokens Rise — Here's Why
August 28, 2024 03:29 PM AEST| By Team Kalkine MediaAI 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
August 28, 2024 03:28 PM AEST| By Team Kalkine MediaBitcoin’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
August 28, 2024 03:27 PM AEST| By Team Kalkine MediaBitcoin'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
August 28, 2024 02:43 PM AEST| By Team Kalkine MediaThe 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
August 28, 2024 02:42 PM AEST| By Team Kalkine MediaThe 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
August 28, 2024 02:41 PM AEST| By Team Kalkine MediaAs 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
August 28, 2024 02:40 PM AEST| By Team Kalkine MediaTokenized 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
August 28, 2024 02:39 PM AEST| By Team Kalkine MediaPolitical-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...
Tracsis Plc (LSE: TRCS) Forecasts Revenue of £80-82Mn and Adjusted EBITDA Margin Slightly Above 15.5% in FY24
August 28, 2024 01:08 PM AEST| By Team KalkineHighlights,Tracsis’ revenue for H1 FY24 was GBP 36.60 million, down 6.63%.,Adjusted EBITDA dropped by 24% but is expected to stabilize.,FY24 revenue is forecasted between GBP 80.0 million and GBP 82.0 million.,The company is exploring M&A prospects t...
Bitcoin’s 3-Year Chart Pattern Approaches Breakout as Foresees 312% ROI
August 28, 2024 01:29 AM AEST| By Team Kalkine MediaBitcoin 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
August 28, 2024 01:27 AM AEST| By Team Kalkine MediaAs 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
August 28, 2024 01:26 AM AEST| By Team Kalkine MediaIn 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
August 28, 2024 01:22 AM AEST| By Team Kalkine MediaThe 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
August 28, 2024 01:20 AM AEST| By Team Kalkine MediaBitcoin 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...
China-US Trade War Poses Risk to Global Microchip Supply
August 28, 2024 01:19 AM AEST| By Team Kalkine MediaOngoing tensions between China and the US are raising concerns about the stability of the global semiconductor supply, particularly for components critical to artificial intelligence and military technology. Industry experts have warned that escalati...
AB Foods, BHP, Helium One: Stocks to Keep an Eye On
August 28, 2024 01:16 AM AEST| By Team Kalkine MediaBHP's annual results were reported to be largely consistent with forecasts, according to US bank Jefferies. The company's underlying profits (EBITDA) and net debt showed modest improvements, while the dividend payout aligned with expectations.,In oth...
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Wonderwall Street Bets: This Passive Fund Excels Since Oasis Split
August 28, 2024 01:13 AM AEST| By Team Kalkine MediaInvestors who opted for passive funds and technology stocks have outperformed those who chose actively managed funds since Oasis announced their split in 2009. This insight comes from data provided by Charles Stanley, adding to the growing body of in...
Prospex Acquires 7.5% Stake in Viura Gas Field
August 28, 2024 01:06 AM AEST| By Team Kalkine MediaProspex Energy,(LSE:PXEN),, a company specializing in European gas and power projects, announced the completion of a 7.5% acquisition in Heyco Energy Iberia (HEI) on Tuesday. HEI, which owns the majority stake in the Viura gas field in northern Spain...
Cardano Network Weakness Draws Attention to Key Support Levels
August 28, 2024 01:00 AM AEST| By Team Kalkine MediaRecent 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
August 28, 2024 12:57 AM AEST| By Team Kalkine MediaXRP, 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...
