News
Ripple’s XRP Soars After Trump Election Surge, Becoming One of the Top Cryptocurrencies
December 03, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,XRP's market cap surged significantly, placing it among the world's top cryptocurrencies.,Donald Trump's re-election and Ripple's potential stablecoin launch contribute to XRP's rise.,Legal victories and potential regulatory shifts positio...
Rising Crypto Scams in Malaga Leave Pensioners Struggling After Losing Life Savings
December 03, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,Malaga sees a surge in crypto scams, with victims losing significant savings.,Fraudsters lure victims with promises of high returns through social media platforms.,Scammers also exploit victims with fake recovery schemes, deepening financi...
Understanding Bitcoin and Crypto Taxation Across the G7
December 03, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights:,Bitcoin and crypto are treated as property in the US, with varying tax rates.,Canada taxes 50% of crypto capital gains, with rates depending on income.,European countries like France and Italy have flat tax rates on crypto gains.,As the w...
Bitcoin’s ($BTC) Recent Price Action: Is a Downtrend on the Horizon?
December 03, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,Bitcoin ($BTC) experiences a third consecutive downward day following a series of lower highs.,Price action is currently within a triangle pattern, with potential for a rebound or continued decline.,The weekly Stochastic RSI shows signs of...
Luxury sales, strategic acquisitions likely to drive Autosports Group’s (ASX:ASG) 1HFY25 growth
December 02, 2024 06:51 PM AEDT| By Team Kalkine MediaHighlights,Normalised profit expected to reach AUD 28 million in 1HFY25.,The company focuses on expanding sales of luxury brands such as Volvo, BMW, and Ducati.,Recently completed acquisition of Stillwell Motor Group is forecasted to contribute AUD 3...
DMM Bitcoin Plans Asset Transfer to SBI VC Trade Amid Crisis
December 02, 2024 05:45 PM AEDT| By Team Kalkine MediaHighlights,DMM Bitcoin to transfer assets to SBI VC Trade amid operational challenges.,$320M Bitcoin theft from a May hack led to severe operational losses.,Centralized exchange hacks continue to plague the crypto industry in 2024.,Japanese cryptocur...
Australian Tech Stocks Drive ASX Higher Amid Key Sector Shifts
December 02, 2024 04:32 PM AEDT| By Team Kalkine MediaHighlights,Australian sharemarket sees tech sector leading gains, supported by strong US performance.,De Grey Mining (DEG) surges after a significant acquisition announcement.,Gold miners face pressure from a stronger US dollar impacting metal prices...
Crypto Industry Eyes Regulatory Shifts with Trump's Administration
December 02, 2024 04:13 PM AEDT| By Team Kalkine MediaHighlights,Cryptocurrency sector anticipates regulatory reforms under new administration.,Industry representatives seek a rollback of existing restrictions on digital assets.,Potential changes at the SEC could influence cryptocurrency integration.,Th...
Japanese Crypto Exchange DMM Bitcoin to Cease Operations Following Security Breach
December 02, 2024 04:05 PM AEDT| By Team Kalkine MediaHighlights,DMM Bitcoin announces closure after security breach.,Plans for deposit handover to SBI VC Trade (TSE:8473) disclosed.,DMM Bitcoin faces challenges despite recovery efforts.,DMM Bitcoin, a Japanese,cryptocurrency,exchange operator, has anno...
Oil Prices Edge Higher Amid OPEC+ Meeting Focus and Global Developments
December 02, 2024 03:58 PM AEDT| By Team Kalkine MediaHighlights,Oil prices see a rebound driven by China’s economic recovery signals.,Traders anticipate insights from OPEC+ on production policy shifts.,Geopolitical factors and economic indicators influence market stability.,Oil prices climbed alongside...
December Dilemma Challenges Ahead for the US Dollar
December 02, 2024 03:53 PM AEDT| By Team Kalkine MediaHighlights,December historically challenges the US dollar amid market seasonality.,Risk factors include central bank meetings and potential policy shifts.,Dollar volatility spikes amid uncertainty surrounding policy expectations.,The US dollar has sh...
Play Solitaire and Earn Bitcoin: Exploring Mobile P2E Gaming
December 02, 2024 03:35 PM AEDT| By Team Kalkine MediaHighlights,Earn Bitcoin rewards by playing classic solitaire games on mobile platforms.,Club Bitcoin: Solitaire combines play-to-earn mechanics with traditional card gameplay.,Rewards are minimal, but the games offer fun for Solitaire and Bitcoin ent...
Australian Market Faces Mixed Performance as Retail Sales Show Recovery
December 02, 2024 03:14 PM AEDT| By Team Kalkine MediaHighlights,Australian share market slows, weighed by healthcare sector.,De Grey Mining (DEG) surges on $5 billion Northern Star (NST) deal.,Retail sales show improvement, easing RBA rate cut concerns.,The Australian share market struggled to maintain...
Crypto ETFs Shine in November: Bitcoin and Ethereum ETFs See Record Inflows
December 02, 2024 03:03 PM AEDT| By Team Kalkine MediaHighlights,Spot Bitcoin ETFs break records with impressive monthly inflows.,Ethereum funds gain traction, achieving all-time high inflows.,November highlights crypto ETFs' growing market dominance.,November proved to be a landmark month for spot Bitc...
US Markets Hit Records; ASX Set to Open Higher on Positive Momentum
December 02, 2024 02:47 PM AEDT| By Team Kalkine MediaHighlights,Dow Jones and S&P 500 achieved record highs,.,Semiconductor sector sees,strong growth,amid regulatory updates,.,ASX 200 edges closer to its all-time high,.,Global equity markets showcased strong performance as the Dow Jones Industrial Aver...
King River Resources (ASX: KRR) Receives Final Payment for Speewah Project
December 02, 2024 02:34 PM AEDT| By Aditi SarkarHighlights,King River Resources received the final AU$2.4 million cash payment from Tivan for the Speewah Project.,Tivan has made the full cash payment for the Speewah acquisition, as per the restructured payment terms.,Tivan may issue additional sha...
Australian Retail Sales Surge as Consumers Embrace Early Discounts
December 02, 2024 01:15 PM AEDT| By Team Kalkine MediaHighlights,Retail sales in Australia increased for the third consecutive month,.,Discretionary spending saw a boost due to early discounting and online sales,.,The Reserve Bank of Australia (RBA) holds a cautious stance on interest rates,.,Australian...
Australian Sharemarket Eyes Record High as Key Stocks Lead the Charge
December 02, 2024 12:04 PM AEDT| By Team Kalkine MediaHighlights,Australian,sharemarket,nears record highs with tech stocks leading gains,.,Retail sales in Australia rise by 0.6%, beating expectations,.,Key developments include mergers, downgrades, and mixed stock performances,.,The Australian sharemark...
Housing Construction Sees a Boost with Apartment Approvals Surge
December 02, 2024 12:01 PM AEDT| By Team Kalkine MediaHighlights,Apartment and townhouse approvals rise sharply in October,.,Total housing approvals,climb,compared to the previous month,.,Year-on-year declines in approvals end after,28 months,.,The housing sector experienced an uplift in October, driven...
Revolver Resources (ASX:RRR) Reports Promising Results from Dianne Copper Leach Testwork
December 02, 2024 11:28 AM AEDT| By Sonal GoyalHighlights,Revolver Resources has shared initial heap leach process testwork results for the Dianne Copper Mine project.,The testwork indicated low abrasion indices, minimal fines content and reduced acid consumption.,Both oxide and transition materi...
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