News
Hong Kong Eyes Crypto Tax Breaks to Rival Global Financial Hubs
November 28, 2024 04:10 PM AEDT| By Team Kalkine MediaHighlights,Hong Kong plans tax exemptions on crypto and private equity investments.,Aims to strengthen its position as a financial hub against rivals like Singapore.,Focused on attracting hedge funds and billionaire family offices.,Hong Kong has unve...
Marathon Digital Expands Bitcoin Holdings and Strengthens Position
November 28, 2024 03:52 PM AEDT| By Team Kalkine MediaHighlights,Marathon Digital (MARA) strengthens its Bitcoin holdings.,Public companies increase Bitcoin reserves significantly in November.,Companies like Rumble and Genius Group adopt Bitcoin as a treasury reserve.,Marathon Digital (NASDAQ:MARA), a p...
Bitcoin's Path to Growth and Altcoins' Challenges in the Crypto Market
November 28, 2024 03:40 PM AEDT| By Team Kalkine MediaHighlights,Bitcoin rallies with increasing institutional interest in ETFs.,Altcoins show gains but lack fresh retail capital for sustained growth.,Analysts suggest strategic independence for altcoins to thrive.,Bitcoin has regained momentum, with its...
Cardano Launches Zero-Knowledge Smart Contracts for Privacy and Scalability
November 28, 2024 03:32 PM AEDT| By Team Kalkine MediaHighlights,Cardano launches its first zero-knowledge smart contract on the mainnet.,Halo 2 proving system ensures secure, private, and scalable transactions.,Advanced features aim to boost blockchain efficiency and interoperability.,Cardano (ADA) has...
Ethereum’s Price Movement: Will ETHUSD Maintain its Momentum?
November 28, 2024 03:20 PM AEDT| By Team Kalkine MediaHighlights,Ethereum price nears a significant resistance level within the bullish trend.,Current movements show potential retracements before further upward moves.,Key support levels and resistance targets remain critical for the next trading session...
Fisher & Paykel Healthcare Reflects Strong Growth but Misses High Expectations
November 28, 2024 03:13 PM AEDT| By Team Kalkine MediaHighlights,Fisher & Paykel Healthcare posts profits within guidance range.,Strong hospital demand supports revenue growth despite missed forecasts.,Company remains cautious about future hospitalisation rates.,Fisher & Paykel Healthcare (ASX:FPH), a l...
ASX Reaches New Record High, Driven by Health and Banking Stocks
November 28, 2024 02:27 PM AEDT| By Team Kalkine MediaHighlights,Australian share market achieves a second record high this week,.,Gains led by health sector and banking stocks,.,CSL (CSL) and Commonwealth Bank (CBA) among top performers,.,The Australian share market has reached another milestone, marki...
How Battery Storage is Revolutionizing Australia’s Energy Grid Amid Coal Challenges
November 28, 2024 01:28 PM AEDT| By Team Kalkine MediaHighlights,Coal-fired power stations are labeled as the least reliable energy source in Australia.,Battery storage systems are increasingly vital for grid reliability.,Upcoming advancements, such as the Waratah battery, reinforce Australia’s renewabl...
Platinum Faces Supply Challenges Amid Rising Demand in Key Sectors
November 28, 2024 01:09 PM AEDT| By Team Kalkine MediaHighlights,Platinum supply deficit predicted for 2024 amid growing demand,.,Automotive and jewelry sectors drive higher platinum usage,.,Industrial platinum demand,projected,to decline next year,.,The platinum market is expected to face significant s...
Australian Sharemarket Approaches Record Amid Broad Gains
November 28, 2024 12:42 PM AEDT| By Team Kalkine MediaHighlights,Australian,sharemarket,nears record highs, driven by banks and health stocks,.,Strong gains,observed,in (CBA), (CSL), and crypto-related stocks,.,Key corporate moves include IAG's acquisition and,AVJennings,’ buyout offer,.,The Australian...
Roubini Anticipates Inflation Impact on Long-Term Bonds
November 28, 2024 12:32 PM AEDT| By Team Kalkine MediaHighlights,Economist discusses long-term bond yields amid inflation concerns,.,Curve steepening strategy,emerges,as a potential focus in economic shifts,.,Inflationary environment may challenge traditional portfolio approaches,.,Nouriel Roubini, a pr...
Oil Prices Steady Amid Focus on OPEC+ Meeting and US Inventory Changes
November 28, 2024 12:20 PM AEDT| By Team Kalkine MediaHighlights,Oil prices remained steady amid thin trading before a major holiday,.,OPEC+ meeting this weekend drives market attention,.,US crude inventories fell after three weeks of increases,.,Oil prices showed minimal movement as trading volumes dec...
Chimeric Therapeutics (ASX:CHM) shares jump 11% on Thursday. Here’s Why.
November 28, 2024 12:02 PM AEDT| By Sonal GoyalHighlights,Shares of Chimeric Therapeutics rose 11% to AU$0.01 during early trading hours on 28 November 2024.,The company has received an AU$4.17 million R&D tax incentive refund.,The refund recognises Chimeric’s R&D contributions during the financi...
Coffee Stocks Gain Momentum Amid Surge in Prices to Historic Highs
November 28, 2024 11:27 AM AEDT| By Team Kalkine MediaHighlights,Coffee prices soar to levels not seen since the 1970s, fueling market activity,.,Shares of Nestlé (NESN) and Starbucks (SBUX) witness gains,.,Concerns over Brazil's coffee production tighten global supply outlook.,Coffee prices have surged...
ASX 200 Faces Challenges Amid Wall Street's Unusual Thanksgiving Slump
November 28, 2024 11:06 AM AEDT| By Team Kalkine MediaHighlights,Wall Street's,pre-Thanksgiving,dip impacts ASX 200,sentiment,.,Strong inflation data adds pressure on global markets,.,ASX 200 struggles near record highs amid bearish indicators,.,Global markets saw unexpected turbulence as Wall Street in...
Justin Sun Becomes Major Player in Trump’s Crypto Project with $30M Investment
November 27, 2024 10:56 PM AEDT| By Team Kalkine MediaHighlights,Justin Sun commits $30 million to Trump’s World Liberty Financial (WLFI) cryptocurrency project.,Sun becomes the largest WLFI token holder and joins the project as an advisor.,The investment aligns with Sun's vision of the U.S. as a global...
Bitcoin Consolidates Around $93K as Altcoins Show Positive Momentum
November 27, 2024 10:54 PM AEDT| By Team Kalkine MediaHighlights,Bitcoin (BTC) stabilizes around $93K after recent market dip, showing signs of recovery.,Altcoins, including Stellar (XLM), Avalanche (AVAX), and Cardano (ADA), show positive momentum.,Despite recent fluctuations, Bitcoin's market position...
Britain's FCA Pushes for Cryptocurrency Regulation as Bitcoin Demand Surges
November 27, 2024 10:50 PM AEDT| By Team Kalkine MediaHighlights,FCA outlines roadmap for full cryptocurrency regulation by 2026 amid rising Bitcoin demand.,The UK's crypto ownership has surged to 12% of adults, driving calls for clearer regulation.,FCA faces criticism over slow regulatory responses and...
Trump Administration Proposes Shifting Crypto Regulation to CFTC for Clearer Oversight
November 27, 2024 10:47 PM AEDT| By Team Kalkine MediaHighlights,Trump administration plans to shift crypto oversight from SEC to CFTC for clearer regulation.,CFTC to treat Bitcoin and Ethereum as commodities, reducing barriers to innovation.,Bipartisan legislation aims to harmonize regulatory efforts b...
Public Bitcoin Miners Trail BTC and Proxies in 2024 Performance
November 27, 2024 10:46 PM AEDT| By Team Kalkine MediaHighlights,Public Bitcoin miners underperform Bitcoin (BTC) despite its significant year-to-date rally.,CleanSpark (CLSK) lags both Bitcoin and the Bitcoin mining ETF (WGMI) in performance.,Stocks like TeraWulf (WULF) and Hut 8 Mining (HUT) exhibit s...
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