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News
Seven unbelievable facts about cryptocurrencies
June 18, 2021 02:43 PM AEST| By AshishSummary Crypto trading has taken everyone by storm in the past few years. With over five million users, cryptocurrencies are steadily getting well-accepted across the world. Nevertheless, cryptos still have a long way to go before they become .....
How destructive is energy-intensive crypto mining?
June 18, 2021 12:28 PM AEST| By Team Kalkine MediaSummary Cryptocurrency miners have swarmed the network, attracted by the skyrocketing prices of many cryptocurrencies. The Bitcoin mining process involves high energy consumption, causing a significant threat to the environment. The use .....
Is pandemic the real reason behind the ‘Bitcoin Boom?’
June 17, 2021 08:17 PM AEST| By Kiara KhannaFor the past two years in my work-from-home stint, news around the Bitcoin has time and again caught my attention. When I look at the way the price of Bitcoin has moved over the last twelve months, I wonder — is the pandemic and the millions of...
Can Dogecoin make millennials rich? How much would it be worth by 2030?
June 17, 2021 07:23 PM AEST| By Team Kalkine MediaSummary Dogecoin was launched in 2014 as a joke designed to satirise other cryptos. Dogecoin’s value and its correlation to celebrity tweets has triggered scepticism among experts. Today, the price of Dogecoin is around US$0.31 cents - a.....
Is Cardano better than Bitcoin?
June 17, 2021 01:33 PM AEST| By AayushSummary Cardano can be termed as a third-generation cryptocurrency, offering enhanced functionality. Cardano can handle at least 257 transactions a second compared to Bitcoin’s 5 transactions a second. The supply of Cardano is capped at .....
How Does The Quantity Theory of Money Serve Digital Currencies?
June 17, 2021 11:21 AM AEST| By Jack Bryan ( Guest)Cryptocurrencies have gained huge momentum over the past few months, following Bitcoin’s explosive rally, which closed in at $64,000 in mid-April. However, amid the rise of this speculative asset class is a volatile market, which has been pushi...
What is SafeMoon crypto?
June 17, 2021 09:04 AM AEST| By Team Kalkine MediaSummary SafeMoon is a cryptocurrency and costs only a few cents. It's cheaper than any other cryptocurrencies. SafeMoon charges 10% of its value as a fee from the seller. It has teamed up with the UK-based financial company Simplex for payment.....
5,000% in 14 months! Can ethereum reach $50,000?
June 17, 2021 02:47 AM AEST| By AbhijeetSummary The euphoria around cryptocurrencies has grown invariably in last few years Ethereum hit a low of $86 during the global market crash during March 2020 On 12 May 2021, ethereum registered an all-time high of $4,372.72 per unit The .....
What will Bitcoin be worth in 2025?
June 16, 2021 08:51 PM AEST| By Furquan MoharkanBack at the beginning of twentieth century, a gentleman named Joseph C Wilson started a company named Xerox Corporation in Rochester, New York, United States. The company gained expertise in manufacturing the photostat machines. Such was the impact o...
Will Dogecoin reach $5?
June 16, 2021 08:39 PM AEST| By Team Kalkine MediaSummary Dogecoin has been the most popular Altcoin since its inception. It has recently touched a high of US$0.64 on 8 May 2021, and investors started speculating new heights for it. Being a popular cryptocurrency, its inherent volatility is w.....
Ether vs Ethereum: What is the difference?
June 16, 2021 07:16 PM AEST| By Daniel Paul JohnsSummary Ethereum is a decentralised blockchain, within which Ether is the platform’s currency. Ethereum cannot be bought and sold, whereas Ether can be bought and sold. The difference between Bitcoin and Ethereum is, although both use blo.....
Can Volcanos Be Bitcoin’s Green Savior?
June 14, 2021 06:08 PM AEST| By Ipsita SarkarPower-hungry cryptocurrencies’ growing energy problem has led to many ardent proponents backing out. Investors who had warmed up to Bitcoin, one of the most promising digital currencies rewriting investment or payment methods, are now waverin.....
Another Milestone: Popular ‘Doge’ Meme NFT Sells For Record $4 Million
June 13, 2021 04:32 PM AEST| By Raza NaqviThe 'Doge', one of the most renowned memes featuring an image of a Shiba Inu dog with a smirk, was sold as the most expensive non-fungible token (NFT) at US$ 4 million on Saturday, June 12. According to reports, the NFT was sold at an auction site c...
Can cow manure fuel crypto mining?
June 13, 2021 12:36 AM AEST| By Mohammad ZaidSummary Many environmentalists and researchers have raised concerns over the environmental impact of cryptocurrency mining. Several businesses are opting for renewable sources for powering cryptocurrency mining as it consumes a significant quan.....
Crypto mining 101: Everything you need to know
June 12, 2021 01:42 AM AEST| By AayushSummary Crypto mining means gaining cryptocurrencies by solving complex cryptographic equations using high-powered computers. A blockchain is essentially a series of data blocks “chained” together, which contain key pieces of data. .....
Is Bitcoin legal in New Zealand?
June 10, 2021 05:49 PM AEST| By Jasmine AnandSummary The digital currency, Bitcoin is gaining massive popularity across the globe, with a market capitalisation of more than $1000 billion noted in early 2021. NZ investors are also fascinated with investing in Bitcoin, with a market capital.....
Bitcoin bulls receive reality check at massive Miami Conference
June 10, 2021 01:26 PM AEST| By Daniel Paul JohnsThe largest-ever Bitcoin conference was held in Miami over the weekend as thousands of crypto enthusiasts attended the Mana Wynwood Convention Center to celebrate and pay homage to the world’s largest digital currency. On top of that, thousan.....
Bitcoin surges 16% as El Salvador makes crypto a legal tender
June 10, 2021 11:26 AM AEST| By Chitranjan KumarIn a major boost for the cryptocurrency market, El Salvador has officially adopted Bitcoin as a legal tender after Congress gave its nod to President Nayib Bukele’s proposal to embrace the digital coin. With this, the Central American nation .....
Bitcoin Is Now A Legal Tender In El Salvador
June 09, 2021 05:42 PM AEST| By Ipsita SarkarIn a bold move, President Nayib Bukele-led El Salvadoran passed the Bitcoin Law, allowing the use of the world’s largest cryptocurrency as a legal tender, alongside the US dollar. The small Central American nation is now the only country glob.....
All you need to know about stablecoin
June 08, 2021 08:24 PM AEST| By Daniel Paul JohnsSummary The unstable tendency of many cryptocurrencies has caused investors to search for safer alternatives. One such alternative, which is currently on the radar, is a crypto called stablecoin. What separates stablecoin from other cryptocurre.....
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