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Chain Abstraction and Interoperability: zkCross Network AMA Recap
September 03, 2024 02:19 PM AEST| By Team Kalkine MediaBlockchain interoperability has long been a challenge in decentralized finance (DeFi), leading to a fragmented ecosystem where users face difficulties navigating multiple chains and protocols. zkCross Network aims to address these issues through its...
Raiden Resources (ASX:RDN) Mt Sholl Project: Preliminary Heritage Survey Confirms Clear Path for Drilling
September 03, 2024 11:34 AM AEST| By Team Kalkine MediaHighlights,Raiden Resources received a preliminary heritage report for its Mt Sholl Cu-Ni-PGE project.,The report confirmed no culturally sensitive areas in the planned drilling zones.,The final report is anticipated in the coming weeks.,All explorat...
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ASX Market Update: Consumer and Mining Stocks Decline Amid Ex-Dividend Trading
September 03, 2024 11:03 AM AEST| By Team Kalkine MediaOn a relatively subdued trading day, the Australian share market opened lower as Wall Street observed a public holiday on Monday. Investors are awaiting local economic data that will contribute to the second-quarter gross domestic product (GDP) figur...
ASX IPOs to Watch in September: A Glimpse at Five Upcoming Listings
September 03, 2024 10:53 AM AEST| By Team Kalkine MediaThe ASX is gearing up for a series of new listings this September, potentially marking a resurgence in initial public offerings (IPOs) after a relatively quiet period. Five companies are set to go public, each bringing something unique to the market....
ASX Market Overview: Flat Trading Expected as Global Markets Remain Quiet | 3 September 2024
September 03, 2024 10:36 AM AEST| By Team Kalkine MediaThe ASX 200 is poised for another day of flat trading, with futures down marginally by -0.06% as of 8:30 AM AEST. This subdued start follows a quiet session in global markets, impacted by a trading holiday in the United States and similarly uneventfu...
ASX 200 Futures Edge Higher Amid Global Market Caution
September 03, 2024 10:21 AM AEST| By Team Kalkine MediaOverview of Market Movements,As of 8:30 am AEST, ASX 200 futures have shown a modest increase of 4 points, representing a 0.05% rise. This slight upward movement reflects a cautious tone in the market as global investors digest the latest development...
How Many Ethereum Layer 2s Are Too Many?
September 02, 2024 09:17 PM AEST| By Team Kalkine MediaThe rapid expansion of layer-2 (L2) solutions, fueled by,{Ethereum},(ETH),Dencun upgrade, has led to a proliferation of new blockchain projects, with 73 currently listed and 82 more in development. Despite this surge, industry experts are expressing...
Bitcoin Price Could Reach $87K by 2025, Faces Key Resistance
September 02, 2024 09:16 PM AEST| By Team Kalkine MediaBitcoin's potential breakout may be postponed until October unless it surpasses a critical resistance level of $59,600.,According to technical analysis by Titan of Crypto,,{Bitcoin},(BTC),is projected to reach $87,000 by early 2025 based on the power...
Broadening Wedge or Bull Flag? Bitcoin Shows Signs of Losing Momentum
September 02, 2024 09:16 PM AEST| By Team Kalkine MediaDespite ongoing accumulation by traders, significant market participants, and ETFs during major price dips, Bitcoin continues to exhibit diminishing momentum, raising questions about the sustainability of the current bull market.,On a weekly timefram...
24X Exchange Files Updated Application for 24/7 Crypto ETF Trading
September 02, 2024 09:15 PM AEST| By Team Kalkine Media24X National Exchange has submitted an amended application to U.S. regulators for the launch of a new securities exchange that could enable 24/7 trading of cryptocurrency exchange-traded funds (ETFs). This move, detailed in an August 27 filing, repre...
HashKey and Kaia Partner to Advance Web3 Adoption
September 02, 2024 09:14 PM AEST| By Team Kalkine MediaHashKey Group and Kaia have announced a strategic partnership aimed at advancing the adoption of Web3 technologies, following Kaia's recent rebranding from Klaytn. This collaboration is set to enhance digital finance, content creation, and security w...
OpenAI to Expand 'Capped For-Profit' Status to Attract Major Interest
September 02, 2024 06:33 PM AEST| By Team Kalkine MediaOpenAI is reportedly exploring a major overhaul of its corporate structure in preparation for a forthcoming funding round that could value the company at over $100 billion. According to a Financial Times report, the artificial intelligence firm is co...
Crypto Community Reacts to X Suspension in Brazil
September 02, 2024 06:32 PM AEST| By Team Kalkine MediaOn August 30, a Supreme Court justice in Brazil ordered the suspension of X, formerly known as Twitter, following a dispute with the platform's owner, Elon Musk.This decision has prompted significant reactions within the crypto community, with some m...
OKX Secures Crypto License in Singapore
September 02, 2024 06:31 PM AEST| By Team Kalkine MediaCrypto exchange OKX has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), allowing it to expand its services in the region. The MPI license permits OKX to facilitate cross-border money transfers and off...
Bitcoin Faces 2023 Risk if Stocks Decline 10%
September 02, 2024 06:30 PM AEST| By Team Kalkine MediaBitcoin traders are reflecting on historical patterns as the cryptocurrency's performance at the beginning of Q4 appears to follow a familiar trend. As of August 30, Bitcoin remained relatively stable around $59,500,with its price action resembling t...
Hong Kong Accepts Crypto License Application After Deadline
September 02, 2024 06:30 PM AEST| By Team Kalkine MediaHong Kong Digital Asset Xchange (HKDAEx) submitted a license application to the Hong Kong Securities and Futures Commission (SFC), marking a significant step in its efforts to secure approval for operating as a digital asset exchange. Despite missing...
Bitcoin-Collateralized Loans Can Boost Capital Velocity
September 02, 2024 06:27 PM AEST| By Team Kalkine MediaEconomic development and capital efficiency have often been impeded by outdated bureaucratic systems, inefficient processes, and antiquated technologies. This issue is particularly pronounced for long-term Bitcoin holders who face difficulties access...
Central Banks Buy Gold at Record Levels, Yet Bitcoin Outperforms
September 02, 2024 06:26 PM AEST| By Team Kalkine MediaCentral banks globally accumulated a record 483 tonnes of gold, underscoring a significant shift towards assets perceived as safe havens. According to the Kobeissi Letter, this volume surpasses the previous record of 460 tonnes set in the first half...
Coinbase Records First Crypto Transaction Between AI Agents
September 02, 2024 06:25 PM AEST| By Team Kalkine Media{Coinbase},CEO Brian Armstrong has recently overseen a significant advancement in cryptocurrency transactions, involving a process entirely managed by artificial intelligence (AI) bots. On August 30, Armstrong highlighted this achievement in a post o...
Researchers Warn Crypto Liquidations May Exceed Reported Figures
September 02, 2024 06:24 PM AEST| By Team Kalkine MediaK33 Research suggests that the reported liquidation volumes on major cryptocurrency exchanges may be significantly understated. According to Vetle Lunde, a seniorat K33 Research, exchanges like Binance, Bybit, and OKX have altered their reporting met...
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