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Cryptocurrency
Dogecoin Surges Following Elon Musk's Legal Victory
August 31, 2024 04:28 AM AEST| By Team Kalkine MediaIn the,cryptocurrency,sector, Dogecoin has recently experienced a notable increase in value, attributed to a legal victory involving Elon Musk. The cryptocurrency has surpassed the $0.10 mark, reflecting a significant market response to recent develo...
Donald Trump Launches New Venture in Cryptocurrency Sector
August 31, 2024 04:26 AM AEST| By Team Kalkine MediaIn the,cryptocurrency,sector, former President Donald Trump is set to introduce a new venture that promises high-yield cryptocurrency investments. This announcement has drawn considerable attention and speculation within the industry. The venture aim...
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Expert Challenges XRP Supporters to Explain Price Movements
August 31, 2024 04:02 AM AEST| By Team Kalkine MediaIn the,cryptocurrency,sector, an expert has raised a provocative challenge to supporters of XRP. The challenge calls for evidence to support predictions of XRP price increases without resorting to traditional tools like charts or relying on the influ...
Shiba Inu Lead Responds to Kraken’s Addition as Futures Asset
August 31, 2024 03:58 AM AEST| By Team Kalkine MediaIn the,cryptocurrency,sector, Shiba Inu has recently been included as a collateral asset for futures trading on the Kraken exchange. This development marks a significant milestone for SHIB, reflecting its growing acceptance and integration into major...
Fourth NFT Collection Achieves $2.2M in Sales
August 31, 2024 12:05 AM AEST| By Team Kalkine MediaBridge, a global stablecoin payment network co-founded by former Square and Coinbase executives Zach Abrams and Sean Yu, has secured $58 million in funding. The latest round includes a $40 million investment from prominent venture capital firms Sequo...
Mt. Gox and US Government May Create $14B Bitcoin Selling Pressure
August 31, 2024 12:04 AM AEST| By Team Kalkine MediaBridge, a global stablecoin payment network co-founded by former Square and Coinbase executives Zach Abrams and Sean Yu, has secured $58 million in funding. The latest round includes a $40 million investment from prominent venture capital firms Sequo...
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Crypto Bankruptcies Yield $751M in Legal Fees
August 31, 2024 12:02 AM AEST| By Team Kalkine MediaFour prominent law firms collectively garnered $484 million from their involvement in seven Chapter 11 crypto bankruptcies that occurred in 2022, representing 64% of the total fees requested and received in these high-profile cases.,The total fees fo...
Bitcoin Hashprice Decline Mirrors March 2020 BTC Price Levels
August 31, 2024 12:01 AM AEST| By Team Kalkine MediaBitcoin's current hashprice metrics, when analyzed in relation to BTC price action, reflect conditions reminiscent of the period leading up to the 2020 breakout to new all-time highs. According to a Quicktake blog post by CryptoQuant dated August 30,...
Are We Shifting Towards Decentralization? Insights from Animoca’s Yat Siu
August 30, 2024 11:59 PM AEST| By Team Kalkine MediaIn a recent episode of the Talking Tokens Podcast, Yat Siu, co-founder and chairman of Animoca Brands, shared his insights on the evolving landscape of the internet, emphasizing the transformative potential of decentralization and digital property ri...
Chiliz Blockchain Partners with South Korea's Top Search Engine on Crypto Wallet
August 30, 2024 09:21 PM AEST| By Team Kalkine MediaSouth Korean technology giant Naver is introducing its first non-custodial cryptocurrency wallet, the Naver Pay Wallet, in collaboration with the Chiliz blockchain. This marks a significant expansion of Naver’s digital services into the cryptocurrenc...
BlackRock’s Bitcoin ETF Sees Second-Ever Outflow of $13.5M
August 30, 2024 09:20 PM AEST| By Team Kalkine MediaBlackRock’s iShares Bitcoin Trust (IBIT) has experienced its second notable day of outflows since its inception in January. On August 29, the ETF recorded a $13.5 million net outflow, marking its second significant outflow day following a $36.9 milli...
Solo Miner Wins $200K Bitcoin Jackpot with 0.012% of Hashrate
August 30, 2024 09:19 PM AEST| By Team Kalkine MediaA solo Bitcoin miner associated with the Solo CK Pool has achieved a rare feat by solving a Bitcoin block with significantly less than the average network hashrate. On August 29, the miner successfully processed block number 858,978, capturing a rewa...
Altcoin Season Delayed as Focus Shifts to Immediate Gains
August 30, 2024 09:17 PM AEST| By Team Kalkine MediaAs the cryptocurrency market anticipates a potential altcoin season, an analyst has suggested that its emergence may be hindered by premature enthusiasm for speculative assets. James Check, lead analyst at Glassnode, shared his insights on this issue...
ETH Restaking Surge Driven by Lower Annual Staking Rates
August 30, 2024 09:11 PM AEST| By Team Kalkine MediaArtemiy Parshakov, head of staking at P2P.org, has highlighted that the growing popularity of Ethereum restaking is primarily driven by competitive dynamics among staking service providers. Restaking involves reusing staked tokens, which are otherwis...
Ethereum DApp Volumes Increase 36% in One Week
August 30, 2024 07:59 PM AEST| By Team Kalkine MediaEthereum's native cryptocurrency,,{Ethereum},(ETH),, has experienced a notable rebound, gaining 7.5% from its recent low of $2,396 on August 27. Despite this uptick, the cryptocurrency has seen a 22% decline over the past month, reflecting ongoing in...
Ex-FTX Exec Withdraws Guilty Plea, Refers Case to Partner’s Proceedings
August 30, 2024 07:58 PM AEST| By Team Kalkine MediaThe former co-CEO of,{FTX},Digital Markets, has withdrawn his petition to overturn his guilty plea related to campaign finance and money-transmitting violations. This decision, communicated in a filing to the United States District Court for the Sout...
Bitcoin Hasn’t Achieved the Widespread Adoption We Expected
August 30, 2024 07:57 PM AEST| By Team Kalkine MediaEl Salvador's President Nayib Bukele has acknowledged that the country’s integration of Bitcoin as legal tender has not met his initial expectations. In a recent interview with,Time,magazine, Bukele described the adoption of Bitcoin as a “net positiv...
Apple and Nvidia Eye Multibillion-Dollar Fundraising for OpenAI
August 30, 2024 07:56 PM AEST| By Team Kalkine MediaTech giants Apple, Nvidia, and Microsoft are reportedly preparing to participate in,{OpenAI},forthcoming funding round, potentially elevating the company's valuation to over $100 billion. According to reports from Bloomberg and The Wall Street Journa...
New NCR Atleos/LibertyX Feature Enables BTC to Cash Conversion at US ATMs
August 30, 2024 07:55 PM AEST| By Team Kalkine MediaNCR Atleos has introduced a new feature, LibertyX Bitcoin Cashout, enabling customers in the United States to convert Bitcoin (BTC) into cash at ATMs. This service allows users to complete Bitcoin transactions through an app and collect US dollars at...
Bloomberg Integrates Polymarket Election Data into Terminal
August 30, 2024 07:54 PM AEST| By Team Kalkine MediaBloomberg LP is set to integrate election odds data from the blockchain-based prediction market Polymarket into its Terminal platform, marking a significant development in the intersection of traditional finance and Web3 technologies. This move refle...
AI on the Rise: A Look at Top AI Companies and Their Stocks