News

How this Update Fueled Bitcoin’s Rally to $58.5K?
August 09, 2024 05:07 PM AEST| By Team Kalkine MediaBitcoin recently experienced a significant price surge, reaching a high of $58,482 on Bitstamp during the Wall Street open on August 8. This increase followed the release of U.S. unemployment data, which positively impacted market sentiment and fuele...

State Grid Wulian County Power Supply Company: Make every effort to investigate the hidden dangers of the distribution network Flood control
August 09, 2024 05:06 PM AEST| By CisionRIZHAO, China, Aug. 9, 2024 /PRNewswire/ -- Recently, State Grid Wulian County Power Supply Company transforms the 10-kilovolt school line from Zhongzhi Town, and reasonably divides the electricity lo...

Bitcoin price today: rebounds to $60k as risk sentiment improves
August 09, 2024 04:32 PM AEST| By InvestingInvesting.com-- Bitcoin price rose on Friday, tracking a surge in broader risk-driven markets as positive U.S. labor market helped soothe some concerns that a recession was imminent, with altcoin pric

State Grid Jiande Power Supply Company:"Electricity" Brightens City Night Economy
August 09, 2024 04:21 PM AEST| By CisionJIANDE, China, Aug. 9, 2024 /PRNewswire/ -- In midsummer, the sun is scorching like fire, and the heat wave is rolling. The noise of the day gradually faded, while the night quietly bloomed with...
DOLKUN ISA RESIGNS AS PRESIDENT OF WORLD UYGHUR CONGRESS
August 09, 2024 04:16 PM AEST| By EIN PresswireDolkun Isa - Copyright Wikipedia WUC Faces Internal Challenges as Independent Investigation Launched to Address and Uphold Ethical Standards WUC Faces Internal Challenges as Independent Investigation...

Gold prices dip as recession fears ease, set for weekly losses
August 09, 2024 03:58 PM AEST| By InvestingInvesting.com-- Gold prices fell in Asian trade on Friday as positive U.S. labor data sparked a recovery in risk appetite and sapped some safe haven demand, putting the yellow metalon course for some

Frost & Sullivan Institute Lauds Companies Making a Positive Impact on Society with the 2024 Enlightened Growth Leadership Best Practices Recognition
August 09, 2024 03:47 PM AEST| By CisionSANTA CLARA, Calif., Aug. 9, 2024 /PRNewswire/ -- The Frost & Sullivan Institute proudly announces the winners of the 2024 Enlightened Growth Leadership Best Practices Recognition from Europe. Thi...

Yangtze Optics Mexico Launches, Accelerating Global Expansion Efforts
August 09, 2024 03:35 PM AEST| By CisionLAGOS DE MORENO, Mexico, Aug. 9, 2024 /PRNewswire/ -- On August 8th, operations commenced at Yangtze Optics Mexico Cable S.A. de C.V. in Mexico's Jalisco State, marking the establishment of Yangtze Op...

Experience Apacer's SSDs with up to 100,000 P/E Cycles at AGE 2024: The Ultimate Solution for Casino Gaming Applications
August 09, 2024 03:30 PM AEST| By CisionTAIPEI, Aug. 9, 2024 /PRNewswire/ -- The Australasian Gaming Expo (AGE) stands as a leading event in the casino gaming industry. This year, from August 13th to 15th, Apacer will return to showcas...

Underweight positions on Chinese stocks unchanged through Q2- UBS
August 09, 2024 03:28 PM AEST| By InvestingInvesting.com-- Investors largely maintained their underweight positions on Chinese stocks in the second quarter, UBS said in a note, as a brief rally in the market did little to deter overall caution

CyberDSA 2024 Triumphs, with Exciting Plans Unveiled for 2025 Return
August 09, 2024 03:24 PM AEST| By CisionKUALA LUMPUR, Malaysia, Aug. 9, 2024 /PRNewswire/ -- Cyber Digital Services, Defence and Security Asia (CyberDSA) 2024 came to a successful conclusion today at the Kuala Lumpur Convention Centre, mark...

Why Bitcoin Mining Profitability Faces Huge Decline?
August 09, 2024 02:55 PM AEST| By Team Kalkine MediaBitcoin miners are facing significant challenges as reduced block rewards and increasing mining difficulty erode profit margins. Recent reports highlight that the [,Bitcoin,] miner hash price, a critical metric for assessing mining profitability, has...

What's Behind the Recent Gain in XRP?
August 09, 2024 02:54 PM AEST| By Team Kalkine MediaXRP has experienced a significant price surge, climbing 42% from its weekly low of $0.43 as it aims to overcome critical resistance at $0.65. The,cryptocurrency,'s recent performance reflects growing bullish sentiment and increased trading activity i...

What's Behind Bitcoin's $60,000 Price Spike?
August 09, 2024 02:40 PM AEST| By Team Kalkine MediaBitcoin (BTC) experienced a significant rally, increasing by over $5,100 and reaching 24-hour gains of 8.3%. This substantial rise brought,Bitcoin,close to the $60,000 mark, trading at approximately $61,446 at the time of reporting. The rally from a...

REA Group reports 23% revenue surge and 24% net profit increase for FY 2024
August 09, 2024 02:39 PM AEST| By InvestingREA Group has reported robust financial results for the fiscal year ending June 30, 2024. The company saw a 23% increase in revenue and a 24% rise in net profit year-over-year.

Bitcoin's Valuation Metric Hits Historic Low Amid Market Downturn
August 09, 2024 02:39 PM AEST| By Team Kalkine MediaA popular Bitcoin valuation metric has reached levels not seen since the downfall of the FTX,cryptocurrency,exchange in November 2022, suggesting that,Bitcoin,may be significantly undervalued. This indicator, known as the Mayer Multiple, compares Bit...

Crypto Trading Volumes Reach $4.94 Trillion After Market Decline
August 09, 2024 02:38 PM AEST| By Team Kalkine MediaIn a notable shift, global trading volumes on centralized cryptocurrency exchanges saw a significant increase in July, reaching $4.94 trillion. This represents a 19% rise, marking the first upward trend in trading volumes in four months. Both spot an...

Why Bitcoin's Market Dominance Presents a Challenge for Ethereum?
August 09, 2024 02:37 PM AEST| By Team Kalkine MediaEthereum’s native token, Ether (ETH), faced significant declines against Bitcoin (BTC) on August 5, reaching its lowest point in three years. This drop occurred amid global market turbulence and has contributed to a 25% decrease in year-to-date retur...

Asia FX firms on positive US, China readings; yen faces renewed pressure
August 09, 2024 02:36 PM AEST| By InvestingInvesting.com-- Most Asian currencies strengthened on Friday as positive economic readings from the U.S. and China helped soothe concerns over a recession, although improved risk appetite put renewed

What’s Behind the XRP's 26% Surge?
August 09, 2024 02:36 PM AEST| By Team Kalkine MediaXRP's price surged by 26% following significant developments in the ongoing legal battle between Ripple Labs and the Securities and Exchange Commission (SEC). On August 7, a New York federal judge's decision to impose a $125 million civil penalty on...

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