AUS
NZ
UK
CA
USA
IND
News
Arthur Hayes Forecasts Bitcoin Rally After Closing Short Position
September 09, 2024 03:18 PM AEST| By Team Kalkine MediaBitcoin may experience a potential rally next week, influenced by expected increases in liquidity from the Federal Reserve. Arthur Hayes, former CEO of the BitMEX cryptocurrency exchange, recently closed his short position on Bitcoin. Initially, Haye...
Stacks' Smart Contracts Hit Record High Before Nakamoto Upgrade
September 09, 2024 03:17 PM AEST| By Team Kalkine MediaStacks has achieved a milestone in smart contract deployments, reaching a record high of over 1,400 contracts per month just before the anticipated Nakamoto upgrade. This new record highlights the growing utilization of Stacks, which serves as a smar...
ASX Drops Amidst Corporate Changes and Market Concerns
September 09, 2024 02:20 PM AEST| By Team Kalkine MediaAustralia’s sharemarket has started the week on a downbeat note, with the S&P/ASX 200 Index (ASX: XJO) trading 53 points, or 0.7%, lower at 7,957 points around midday. This follows a challenging open where the index initially fell by as much as 1.1%....
$40K Bitcoin Forecast Fueled by ‘Self-Induced Fear’
September 09, 2024 02:08 PM AEST| By Team Kalkine MediaSamson Mow, CEO of Bitcoin technology firm Jan3, has addressed recent market fears concerning Bitcoin's price trajectory. In a post on September 6, Mow challenged predictions suggesting Bitcoin might drop significantly, arguing that such forecasts ar...
Sub-$50K Bitcoin Correction Expected as Whales Look to Offload BTC
September 09, 2024 02:07 PM AEST| By Team Kalkine MediaBitcoin may face increased downward pressure as it approaches the September 18 U.S. interest rate decision, with potential for a correction below key psychological levels over the weekend. The cryptocurrency, currently trading around $55,183, could e...
Bitcoin Traders Brace for BTC Under $52K as Crypto and Economic Pressures Rise
September 09, 2024 02:06 PM AEST| By Team Kalkine MediaThe Bitcoin market suggests a cautious outlook among traders, with current price trends indicating the possibility of a decline below recent levels in the near term. Currently, Bitcoin is trading approximately 10% above its eight-month low, observed...
WisdomTree Cancels Ethereum Trust S-1 Registration Filing
September 09, 2024 02:05 PM AEST| By Team Kalkine MediaWisdomTree has formally requested the withdrawal of its S-1 filing for a spot Ether exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). This request comes more than three years after the initial submission of the regist...
El Salvador Celebrates 3 Years of Bitcoin Adoption with $31M Profit
September 09, 2024 02:04 PM AEST| By Team Kalkine MediaEl Salvador is marking a significant milestone as it celebrates the third anniversary of its decision to adopt Bitcoin as legal tender. On September 7, 2021, El Salvador became the first country in the world to officially recognize Bitcoin as a legal...
FMG and Hub24 Ltd: Two ASX Shares Worth Examining
September 09, 2024 11:56 AM AEST| By Team Kalkine MediaRecent market developments have spotlighted two distinct players on the ASX. Fortescue Metals Group Ltd is grappling with a substantial drop in share price, down 45.2% since early 2024. In contrast, HUB24 Ltd, a leader in wealth management solutions,...
Australian Sharemarket Slides on US Economic Concerns; Key Stocks in Focus
September 09, 2024 10:56 AM AEST| By Team Kalkine MediaAustralia's sharemarket took a hit this morning, with the S&P/ASX 200 index falling by 73 points, or 0.9%, at the start of trading. The decline was primarily driven by drops in major banks and energy stocks, reflecting broader concerns about the glob...
ASX Expected to Decline Amid US Job Data and Leadership Changes at Westpac
September 09, 2024 10:07 AM AEST| By Team Kalkine MediaThe Australian Securities Exchange (ASX) is anticipated to experience a decline in trading today, influenced by recent economic data from the United States and notable corporate developments. The US job market data has sparked concerns about a potent...
ASX 200 Set for Slump as US Jobs Miss Expectations, Major Stocks Trade Ex-Dividend
September 09, 2024 09:43 AM AEST| By Team Kalkine MediaThe ASX 200 is poised for a challenging session, with futures indicating a sharp decline of 102 points as of 8:20 am AEST. This downturn follows a weaker-than-expected US jobs report, which added uncertainty to global markets. The US reported job cre...
Rare Ape CryptoPunk Sells for $1.5M Despite Market Downturn
September 07, 2024 01:57 AM AEST| By Team Kalkine MediaCryptoPunk #6915, a rare Ape-themed NFT, recently sold for approximately $1.48 million, equivalent to 620 Ether. This sale occurred on September 5, 2024, and highlights a significant decline in the asset's value over recent months. CryptoPunk #6915 i...
Ripple Co-Founder Endorses Harris for President
September 07, 2024 01:55 AM AEST| By Team Kalkine MediaChris Larsen, co-founder and executive chairman of Ripple, has joined a notable group of 88 corporate leaders endorsing Vice President Kamala Harris for the 2024 presidential election. The endorsement, reported by CNBC on September 6, highlights Lars...
Arthur Hayes Warns of Sub-$50K BTC Amid Potential Trend Shift
September 07, 2024 01:52 AM AEST| By Team Kalkine MediaBitcoin's price movements have shown increased vulnerability as the cryptocurrency approached another monthly low on September 8. Recent data indicates that Bitcoin's price dipped to $55,282 on Bitstamp, creating concerns over the potential for furth...
Crypto Venture Capital Funding Hits $633M in August Rebound
September 07, 2024 01:50 AM AEST| By Team Kalkine MediaIn August, venture capital (VC) funding in the cryptocurrency sector experienced a notable uptick, reaching $633 million. This figure represents a 15% increase from the $550 million recorded in July, according to data from DefiLlama.,The majority of...
MV Global: DePIN Poised to Be Crypto’s Next Major Use Case
September 07, 2024 01:48 AM AEST| By Team Kalkine MediaA recent report by MV Global highlights the growing prominence of Decentralized Physical Infrastructure Networks (DePINs) as a significant development in Web3 technology. According to the September 5 report, DePINs are poised to become a major use ca...
Monochrome Files for Australia’s First Direct Ether ETF
September 06, 2024 09:28 PM AEST| By Team Kalkine MediaMonochrome Asset Management has announced its application for the first spot Ether exchange-traded fund (ETF) in Australia, aiming to list the Monochrome Ether ETF (IETH) on Cboe Australia by the end of September. The application marks a significant...
Trump vows to make US ‘world capital of crypto,’ taps Musk for new task force
September 06, 2024 09:24 PM AEST| By Team Kalkine MediaAt a recent event hosted by the Economic Club of New York on September 5, United States presidential candidate and former President Donald Trump reiterated his support for the cryptocurrency sector. Trump outlined plans to streamline regulatory frame...
Bitcoin Traders Ignore September Dip, Expect Price to Surprise Bears
September 06, 2024 09:22 PM AEST| By Team Kalkine MediaEd Hindi, chief investment officer at Tyr Capital, has expressed a bullish outlook for Bitcoin's performance in September, suggesting that the cryptocurrency is more likely to end the month above $60,000 rather than below it. Despite historical trend...
Advertise your brand on Kalkine Media