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Cryptocurrency
Vega Protocol Proposes Chain Shutdown and New Token
September 03, 2024 06:00 PM AEST| By Team Kalkine MediaVega Protocol, a decentralized trading blockchain, has announced plans to cease support for its alpha mainnet chain and its native token, VEGA. The decision, outlined in a blog post on August 30, is aimed at refocusing efforts on developing and promo...
Ethereum Laundered Through Tornado Cash by WazirX Exploiter
September 03, 2024 05:59 PM AEST| By Team Kalkine MediaIn the,cryptocurrency,sector, the WazirX exploiter, linked to a high-profile hack of the Indian-based exchange, has moved 2,600 ETH (approximately $6.5 million) to Tornado Cash, a mixing platform. The latest transfers, reported on Monday, have fueled...
Solana Faces Decline Against XRP as Bearish Trend Persists
September 03, 2024 05:56 PM AEST| By Team Kalkine MediaThe,cryptocurrency,sector has seen fluctuating trends, and Solana has been on a downward trajectory against XRP. Earlier this year, Solana demonstrated strong performance, but recent data indicates a significant decline, marking a 25.91% drop against...
Solana Defies Market Trends Amid Digital Investment Outflows
September 03, 2024 05:52 PM AEST| By Team Kalkine MediaThe,cryptocurrency,sector experienced notable market dynamics as digital investment products recorded significant outflows totaling $305 million. Despite this overall trend, Solana stood out with positive inflows, reflecting a distinct performance am...
Bitcoin Faces Challenges in Reaching New All-Time Highs
September 03, 2024 05:50 PM AEST| By Team Kalkine MediaBitcoin, a leading,cryptocurrency,, has encountered obstacles in its quest to reach new all-time highs, with repeated attempts over the past five months falling short of surpassing its previous peak of $73,750.,Distribution of Bitcoin Holders as a Ke...
Super PAC Allocates $70K to Crypto-Centric Senate Race Ahead of Primary
September 03, 2024 03:18 PM AEST| By Team Kalkine MediaMassachusetts Senate race, voters will choose between incumbent Elizabeth Warren and one of the Republican candidates, John Deaton or Ian Cain. The outcome of the primary election on September 3 will determine which Republican candidate will face War...
Ethereum Layer-1 Revenue Plummets
September 03, 2024 03:17 PM AEST| By Team Kalkine MediaEthereum Layer-2 (L2) solutions have experienced significant growth, with monthly active users and daily transaction counts both doubling since March 2024. In contrast, Ethereum Layer-1 network revenue has dropped by 99% over the same period, despite...
Bitcoin $110K Outlook Remains, but Analysts Warn of Possible Sub-$40K
September 03, 2024 03:16 PM AEST| By Team Kalkine MediaBitcoin (BTC) is projected to reach $110,000 by 2025. This projection is supported by a key bullish chart pattern known as the cup-and-handle formation. The cup-and-handle pattern typically signals the continuation of an upward trend and is utilized...
Looser Fed Policy and Global Trends Signal Bullish Bitcoin Outlook
September 03, 2024 03:15 PM AEST| By Team Kalkine MediaBitcoin's recent market behavior suggests a potential shift in its correlation dynamics, moving away from traditional economic indicators such as US recession fears and aligning more closely with the performance of the US dollar and changes in moneta...
BNB Chain DEX Volumes Fall 24% in a Week
September 03, 2024 03:14 PM AEST| By Team Kalkine MediaBNB, the native token of the BNB Chain, has experienced a notable decline of 16.1% from August 23 to September 2, dropping from a high of $598.80 to a low of $502.10. As of the latest update, BNB is trading at $517, having partially recovered from it...
New Web3 Wallet Introduces Decentralized Crypto Inheritance
September 03, 2024 02:23 PM AEST| By Team Kalkine MediaUBD Network has announced the launch of DeTrust Wallet, a groundbreaking Web3 wallet designed to facilitate complex cryptocurrency inheritance plans. This new multisignature crypto wallet offers advanced features such as delayed asset transfers and c...
Will Solana Drop Below $100 in September?
September 03, 2024 02:22 PM AEST| By Team Kalkine MediaSolana's (SOL) price has recently experienced a notable decline, closing multiple daily candles below the 200-day exponential moving average (EMA) for the first time since September 2023. As of late August 2024, SOL recorded its second-largest weekly...
$305M Outflow from Crypto Products Amid Robust US Economic Data
September 03, 2024 02:21 PM AEST| By Team Kalkine MediaAccording to CoinShares' recent digital asset fund flows report,,{cryptocurrency},related financial products have experienced significant outflows, influenced by recent US economic data. The report, published on September 2, indicates that digital as...
Qatar Unveils Digital Asset Regulatory Framework
September 03, 2024 02:20 PM AEST| By Team Kalkine MediaThe Qatar Financial Centre (QFC) has unveiled a comprehensive regulatory framework for digital assets, aimed at establishing a robust foundation for the sector within its jurisdiction. The new regulations, announced by the Qatar Financial Centre Auth...
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...
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...
