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What Unlikely Scenarios Could Drive Bitcoin's Price to $0?
September 13, 2024 08:50 PM AEST| By Team Kalkine MediaBitcoin's journey since its inception in 2009 has been marked by significant volatility, with various critics—such as Warren Buffett and Peter Schiff—frequently forecasting its demise. Despite these predictions, many experts believe that,{Bitcoin},(B...
Anchorage Digital Bank and BitGo Partner with Coinbase to Custody 21Shares Crypto ETFss
September 13, 2024 08:42 PM AEST| By Team Kalkine MediaAsset manager 21Shares has announced a strategic expansion of its custodians for its spot cryptocurrency exchange-traded funds (ETFs). In a move revealed on September 12, 21Shares will add Anchorage Digital Bank and BitGo as custodians alongside the...
Bill Proposes SEC-CFTC Joint Committee for Digital Assets
September 13, 2024 08:41 PM AEST| By Team Kalkine MediaOn September 12, Congressman John Rose, a representative from Tennessee and a member of the House Financial Services Committee, introduced a bill aimed at improving coordination between the U.S. Securities and Exchange Commission (SEC) and the Commod...
SUI Tops Crypto Market with 27% Weekly Gain — What's Driving the Surge?
September 13, 2024 08:40 PM AEST| By Team Kalkine MediaSui (SUI) has recently experienced a notable surge, with its price increasing by 13% in a single day to reach $1.02 as of September 12. This rise is part of a broader rebound that began on September 3, with,{Sui},(SUI),climbing more than 27% over the...
Consumer Watchdogs Urge EU to Address In-Game Digital Currency Issues
September 13, 2024 08:39 PM AEST| By Team Kalkine MediaOn September 12, the European Consumer Organisation (BEUC) and 22 member organizations from 17 countries filed a formal complaint with the European Commission regarding the use and marketing of in-game digital currencies by video game companies. The...
Eve Frontier's In-Game Economy to Enable Creation of Real Cryptocurrencies
September 13, 2024 08:38 PM AEST| By Team Kalkine MediaOn September 12, CCP Games, the developer behind the renowned MMORPG Eve Online, announced its latest project: Eve Frontier, a massively multiplayer online survival game that integrates blockchain technology in a novel way. The game is set to offer p...
UK Court Declares Tether as Property in Landmark English Crypto Ruling
September 13, 2024 08:37 PM AEST| By Team Kalkine MediaIn a landmark decision on September 12, the United Kingdom High Court has ruled that stablecoin,{Tether} (USDT),is classified as property under English law. This is the first time a court in England has addressed the status of cryptocurrency through...
Bitcoin Price Dips from $58K Following Unexpected US PPI and Jobless Claims
September 13, 2024 08:36 PM AEST| By Team Kalkine MediaBitcoin experienced volatility as the U.S. macroeconomic data, released on September 12, generated mixed signals about inflation and economic conditions, impacting the cryptocurrency's performance as Wall Street opened.,The price of,{Bitcoin},(BTC),s...
Scambaiter Kitboga Shares Strategies for Outsmarting Scammers
September 13, 2024 08:35 PM AEST| By Team Kalkine MediaScambaiter Kitboga, renowned for his efforts to thwart scam operations, offered valuable advice on avoiding fraudulent schemes. Kitboga's unique approach involves wasting scammers' time to expose their tactics and educate the public.,Kitboga emphasiz...
Circle Expands Web3 Platform with Arbitrum Integration
September 13, 2024 08:34 PM AEST| By Team Kalkine MediaOn September 12, Circle Internet Financial, the issuer of the US Dollar Coin (USDC), announced the integration of its stablecoin with Arbitrum, a prominent layer-2 scaling solution for Ethereum. This move, detailed in Circle’s blog, aims to bolster U...
Nomic Launches Ethereum Support for Decentralized Bitcoin Custody
September 13, 2024 08:33 PM AEST| By Team Kalkine MediaNomic introduced its nBTC on a testnet, marking a significant development in decentralized Bitcoin custody. This move allows users to manage Bitcoin on Ethereum without relying on centralized custodians, offering an alternative to Wrapped Bitcoin (WB...
Trump to Unveil World Liberty Financial Crypto Platform on Monday
September 13, 2024 08:32 PM AEST| By Team Kalkine MediaDonald Trump has announced that his new cryptocurrency project, World Liberty Financial, will officially launch on Monday, September 16. The former President and Republican presidential candidate revealed the launch date in a video posted to X on Sep...
Bukele Advisers Claim BTC Adoption Was a 'Complete PR Move
September 13, 2024 08:31 PM AEST| By Team Kalkine MediaA recent interview with TIME Magazine’s Vera Bergengruen has cast new light on El Salvador President Nayib Bukele’s push for Bitcoin as legal tender. Released on September 11, the interview revealed insights from Bukele’s advisers, who described the...
Consumer Protection Agency Issues Alert on Tether's Reserves
September 13, 2024 08:30 PM AEST| By Team Kalkine MediaTether, the issuer of the,{Tether} (USDT),stablecoin, has recently come under scrutiny from both a consumer protection group and a ratings agency. According to S&P Global, Tether received a stability rating of 4 out of 5, with 5 being the lowest, ref...
Ethereum Could Surge Sharply with a Minor Shift in Trader Sentiment
September 13, 2024 08:29 PM AEST| By Team Kalkine MediaEther's recent funding rate has caught the attention of market observers as it inches towards a critical threshold. In a note dated September 12, CryptoQuant contributor Burak Kesmeci highlighted that,{Ethereum} (ETH),funding rate needs to surpass 0....
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Gold Prices Surge to Record Highs, Boosting ASX Gold Stocks
September 13, 2024 06:42 PM AEST| By Team Kalkine MediaGold prices reached an all-time high on Friday, following the European Central Bank’s (ECB) interest rate cut and speculation of a modest Federal Reserve rate adjustment in the upcoming policy meeting. This surge in gold prices has significantly impa...
US Treasuries Rise Amid Economic Concerns and Anticipation of Federal Reserve Action
September 13, 2024 06:41 PM AEST| By Team Kalkine MediaUS Treasury markets experienced a surge in demand, particularly for shorter-dated notes, as investors evaluated the possibility of an interest rate cut by the Federal Reserve. Market participants have increasingly factored in the likelihood of a half...
ECB Rate Cuts Expected as Inflation Calms, According to Simkus
September 13, 2024 06:40 PM AEST| By Team Kalkine MediaThe European Central Bank (ECB) appears set to continue reducing borrowing costs, although the timing of future moves will largely depend on economic data, as highlighted by Governing Council member Gediminas Simkus.,Inflation within the Eurozone has...
ASX Market Update: Banks Weigh on Gains, Gold Sets Record, Namoi Cotton Surges
September 13, 2024 06:38 PM AEST| By Team Kalkine MediaThe Australian sharemarket saw mixed movement as losses in banking stocks counteracted gains in the energy and mining sectors. Despite early momentum, the market struggled to close at record highs, impacted by declines in major banks.,The S&P/ASX 200...
Xi Jinping Emphasizes Achieving China's 5% Growth Target Amid Economic Concerns
September 13, 2024 06:36 PM AEST| By Team Kalkine MediaPresident Xi Jinping has urged Chinese government officials to focus on meeting the country's annual growth target, as concerns over the momentum of the world’s second-largest economy continue to grow. His comments come as analysts, particularly from...
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