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ASX Set for Modest Gains; Iron Ore Prices Continue to Slide
September 06, 2024 12:34 PM AEST| By Team Kalkine MediaAustralian shares are expected to experience a slight uptick as the local market prepares to open. Futures for the S&P/ASX 200 Index (ASX:XJO) indicate a modest rise of 9 points, or 0.1%, at around 7am AEST. This anticipated gain comes in the wake of...
ASX Opens Higher; Pacific Smiles CEO Resigns, Woodside Energy Bond Sale Update
September 06, 2024 11:07 AM AEST| By Team Kalkine MediaThe Australian stock market experienced a positive opening, driven by momentum in tech stocks on Wall Street. Companies such as Tesla (NASDAQ: TSLA) and Amazon (NASDAQ: AMZN) contributed to the Nasdaq Composite's rise, which helped buoy the ASX. The...
Perseus Mining Expands Stake in Predictive Discovery to 19.9% Amid Delays at Bankan Gold Project
September 06, 2024 10:42 AM AEST| By Team Kalkine MediaPerseus Mining (ASX:PRU) has strengthened its strategic position in Predictive Discovery (ASX:PDI) by increasing its stake to 19.9%. This deepening partnership signals growing confidence between the two companies, particularly around Predictive Disco...
ASX 200 Set for Gains Amid Mixed US Session; Leadership Changes at Pacific Smiles; Synlait Resolves Recapitalisation Dispute
September 06, 2024 10:32 AM AEST| By Team Kalkine MediaThe ASX 200 is expected to open higher following a mixed session on Wall Street, with futures indicating a modest rise of 9 points, or 0.1%, bringing the index to 7,961 points. Investors are monitoring the global economic landscape as several key eve...
ASX 200 Expected to Rise While S&P 500 Dips Amid Anticipation of Key Jobs Data
September 06, 2024 09:51 AM AEST| By Team Kalkine MediaAs of 8:30 am AEST, ASX 200 futures have seen a marginal uptick, rising 9 points or 0.11%. In contrast, the US market has experienced a more mixed session. While tech stocks have provided some support, broader market weakness continues, driven by inv...
Former Mt. Gox CEO to Launch EllipX Crypto Exchange in Europe
September 06, 2024 12:03 AM AEST| By Team Kalkine MediaMark Karpeles, former CEO of the now-defunct Mt. Gox cryptocurrency exchange, is set to launch a new crypto exchange named EllipX in September. Based in Poland, EllipX will initially cater to European users with plans to expand its services globally....
AggLayer to Integrate All Web3, Including Ethereum and Solana, Says Polygon Labs CEO
September 06, 2024 12:01 AM AEST| By Team Kalkine MediaPolygon is advancing its vision of unifying the Web3 ecosystem through its new initiative, AggLayer, which aims to provide comprehensive blockchain interoperability. The AggLayer, an aggregation layer designed to connect disparate blockchain networks...
ZachXBT Criticizes L1 Block Explorers, Calls for Overhaul
September 05, 2024 11:58 PM AEST| By Team Kalkine MediaIn a recent post on X dated September 5, crypto ZachXBT highlighted significant deficiencies in the quality of block explorers across several layer-1 blockchains. His observations underscore the need for substantial improvements in on-chain transacti...
Mastercard Partners to Enable Non-Custodial Crypto Spending
September 05, 2024 11:55 PM AEST| By Team Kalkine MediaMastercard has announced a new partnership with Mercuryo to launch a euro-denominated crypto debit card, marking a significant step in integrating cryptocurrency with traditional financial systems. This collaboration follows a recent pilot with the M...
AMA Recap: IPMB on Making Gold Interest Accessible
September 05, 2024 11:52 PM AEST| By Team Kalkine MediaAs global economic uncertainty continues, gold has experienced a notable resurgence, reaching new highs in August 2024. This uptick in gold prices is prompting renewed interest in the precious metal as a safeguard against economic instability. Blockc...
Fed Issues Cease and Desist Order to Texas Bank Over Crypto Services
September 05, 2024 10:02 PM AEST| By Team Kalkine MediaThe United States Federal Reserve has issued a cease and desist order to United Texas Bank, citing “significant deficiencies” in the bank’s risk management systems and interactions with cryptocurrency clients. The order, issued on September 4, follow...
Transitioning Mining Sites to AI Data Centers Presents Challenges: Sabre56 CEO
September 05, 2024 09:59 PM AEST| By Team Kalkine MediaPhil Harvey, CEO of blockchain data center consulting firm Sabre56, has challenged the notion that Bitcoin mining companies can effectively transition into high-performance computing (HPC) and artificial intelligence (AI) data centers as a strategy t...
Political Scientists Debate Impact of Crypto Voting Bloc on Elections
September 05, 2024 09:54 PM AEST| By Team Kalkine MediaRecent polling has shown a notable political preference among cryptocurrency holders, with former President Donald Trump leading Democratic Vice President Kamala Harris by a significant margin. However, the impact of this so-called “crypto vote” on t...
Political Scientists Debate Impact of Crypto Voting Bloc on Elections
September 05, 2024 09:53 PM AEST| By Team Kalkine MediaRecent polling has shown a notable political preference among cryptocurrency holders, with former President Donald Trump leading Democratic Vice President Kamala Harris by a significant margin. However, the impact of this so-called “crypto vote” on t...
Bitcoin DeFi TVL Expected to Surpass Ethereum’s Within 2 Years
September 05, 2024 09:52 PM AEST| By Team Kalkine MediaBrendan Sedo, a core contributor at Bitcoin sidechain Core DAO, has projected that significant capital from the Bitcoin ecosystem is likely to flow into sidechains and decentralized finance (DeFi) applications in the near future. According to Sedo, t...
WIF Open Interest Rises 16% as Trader Warns of Unpreparedness for Reversal
September 05, 2024 09:49 PM AEST| By Team Kalkine MediaInterest in Solana-based memecoin,{Dogwifhat},(WIF),has surged recently, with significant developments in both trading volume and market analysis. Since August 31, open interest in Dogwifhat futures has risen by 16%, reaching $231.48 million, accordi...
Bitcoin Transactions Drop 30% in 6 Months Amid BTC Price Stagnation
September 05, 2024 08:41 PM AEST| By Team Kalkine MediaBitcoin appears to be entrenched in a period of stagnation, with recent indications that the cryptocurrency is caught in an increasingly unstable trading range. According to a September 4 report by CryptoQuant, Bitcoin's network activity has declined...
Polkadot Summit Highlights Mandala and KILT in Emerging Ecosystems
September 05, 2024 08:40 PM AEST| By Team Kalkine MediaThe Bali Blockchain Summit highlighted Indonesia's proactive approach to integrating blockchain technology as part of its broader digital transformation strategy. With a population exceeding 270 million and projections indicating it will become the w...
Senator to Debate Critic of 'Crypto Billionaires
September 05, 2024 08:37 PM AEST| By Team Kalkine MediaMassachusetts Senator Elizabeth Warren and Republican candidate John Deaton are scheduled to face off in two debates this October, ahead of the November election for a U.S. Senate seat. The format and agenda of these debates remain uncertain, particu...
Bitcoin Remains 10% Down Post-Halving Amid Record Delay to All-Time High
September 05, 2024 08:34 PM AEST| By Team Kalkine MediaBitcoin’s performance post-halving has been notably sluggish, according to trader Peter Brandt. In a recent shared on X, Brandt highlighted that Bitcoin has taken an unusually long time to reach a new all-time high following its latest halving event...
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