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News
Dogecoin Surging! Should You Buy It Ahead Of Elon Musk's SNL Debut?
April 29, 2021 08:45 PM AEST| By AnujCryptocurrency Dogecoin skyrocketed by over 32 per cent on Wednesday, April 29, following Tesla owner Elon Musk’s tweet describing himself as “The Dogefather”. The engineer-turned-entrepreneur is also set to represent the meme-cryp...
Dogecoin Skyrockets 20% in Just One Day
April 29, 2021 05:02 PM AEST| By Team Kalkine MediaSummary Dogecoin has risen over 20% in the past 24 hours following a tweet from Tesla founder Elon Musk. The crypto surged from US$0.25 to US$0.30 in just fifteen minutes. The surge had brought dogecoin to highs not seen for two weeks when the.....
Nexon joins Tesla, Mastercard, PayPal, BNY Mellon in Bitcoin bet
April 29, 2021 04:44 PM AEST| By Team Kalkine MediaSummary Nexon purchased Bitcoin worth US$100 million, representing nearly 2% cash and cash equivalents reserves of the company. The Japanese online gaming firm purchased 1,717 bitcoins at an average price of approximately $58,226. The big comp.....
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Ethereum Soars To Record High. Here’s What Caused Its Rise
April 28, 2021 11:42 PM AEST| By AnujSummary Ethereum, the world’s second biggest crypto asset, set a record peak of US$ 2,718.6 per token during Asian markets’ trading hours on Wednesday, April 28. The surge came in the wake of reports on European Investment Bank&rsqu.....
Bitcoin Roars Back Following Last Week’s Massive Sell-Off
April 27, 2021 05:39 PM AEST| By Team Kalkine MediaSummary Bitcoin rebounded significantly to AU$69,116 a coin on Monday morning after dropping to a low of AU$47,549 last week. Tesla is set to release its first set of results after adding US$1.5 billion worth of Bitcoin to its portfolio in Marc.....
Cryptocurrency Surge Gives Way to an Increase in Number of Scams
April 27, 2021 10:30 AM AEST| By Team Kalkine MediaSummary ASIC has recorded a recent rise in crypto-related scams. Banks are not legally obligated to return customer’s money lost to crypto scams. Investors can take precautions to prevent falling victim to such fraudulent activities. .....
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Are you being conned? Here's how to identify cryptocurrency scams
April 27, 2021 06:00 AM AEST| By Team Kalkine MediaSummary Despite a host of new cryptocurrencies to add to the 4000+ that are currently out there, investors should be wary of which companies are legitimate. ‘Memecoins’ – including ‘Dogecoin’ – are coins base.....
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NFT Art Finance: A New Crypto In Focus
April 26, 2021 11:42 PM AEST| By AnujDevelopers of the Non-Fungible Token (NFT) Art Finance project are focused on creating a list of digital fine artworks, music and testimonial of ownerships as an NFT. This project also expects to provide an NFT auction launchpad by June this year, as...
Elongate: How Elon Musk's ‘Joke’ Became A Cryptocurrency
April 26, 2021 07:36 PM AEST| By AnujIn March, Tesla owner Elon Musk jokingly requested in a tweet that if there ever is a scandal about him, it should be named ‘Elongate’. He was, of course, referring to the massive Watergate controversy that took place under US President R...
Bitcoin slumps to 48-day low on tax hike angst
April 23, 2021 04:38 PM AEST| By Furquan MoharkanThe value of Bitcoin, the world’s most valued cryptocurrency, fell below the US$50,000-mark, on concerns of new regulations on increasing capital gains tax by the Biden administration in the US. At the time of filing this story, Bitcoin (BTC)...
How To Invest in Bitcoin & Ether Funds?
April 23, 2021 01:28 AM AEST| By AnujCrypto markets are volatile and keeping a watch on them round the clock is impossible. However, the Toronto Stock Exchange-listed crypto funds provide an exposure to real-time bitcoin and ether token prices. Earlier this year, TSX became the world&r...
Bitcoin Rally May Be Over, Warns JPMorgan Chase
April 22, 2021 11:08 PM AEST| By Team Kalkine MediaSummary Strategists at JPMorgan Chase have cautioned that if Bitcoin’s value does not breach the US$ 60,000-mark soon, it can lose its momentum. Bitcoin hit a record high value of US$ 64,000 earlier in April amid a massive crypto rally fu.....
Crypto Safemoon Dives Leading to Scam Claims
April 22, 2021 08:12 PM AEST| By Team Kalkine MediaCryptocurrency Safemoon has plunged today, losing two-thirds of its value in just an hour. The crypto dove from AU$0.000015 to AU$0.000005 on Thursday morning, later recovering to AU$0.000007. The recent plunge has led to naysayers claiming that S.....
Safemoon hurtling to the moon; but is it really safe?
April 22, 2021 11:11 AM AEST| By Team Kalkine MediaSummary Safemoon was launched three weeks ago and has grown by 2,900% since then. Safemoon is a decentralised finance token, which means that anyone can trade it without an intermediary such as a bank or a broker. Despite its recent steep surg.....
Is A Sharp Dip In Bitcoin A Buy Call?
April 22, 2021 01:29 AM AEST| By AnujThe world’s largest blockchain-operated token has continued its rollercoaster ride after episodes of high volatility in 2021. Bitcoin was trading in the range of US$ 40,000 to US$ 50,000 in the month of February. On April 14, Bitcoin topped US...
3 Ether ETFs Debut in Equity Markets: Here’s How They Performed
April 21, 2021 07:53 PM AEST| By AnujAfter receiving Ontario Securities Commission’s nod, world’s first Ether Exchange Traded Funds (ETFs) started trading on the Toronto Stock Exchange this week. These ETFs closely track Ethereum’s performance to provide investors a .....
No funny business: Dogecoin’s journey from a joke to US$41 billion cryptocurrency
April 21, 2021 02:06 PM AEST| By Furquan MoharkanSummary Dogecoin was founded as a parody in 2013 It has rallied by 7133% in 20 days of April Once a meme, it is now worth US$41 billion Global meme-makers may have made thousands of dollars using the social media platforms – Instagr.....
A glance at five Important Cryptocurrencies other than Bitcoin and Ethereum
April 20, 2021 06:48 PM AEST| By Team Kalkine MediaSummary Besides Ethereum and Bitcoin, there are over 4000 cryptocurrencies, some of which have performed well in recent times and are worth examining. Litecoin, a decentralised peer-to-peer crypto, is currently trading at US$253.78 compared to .....
Are Bitcoin Bears Gaining Strength or Bulls Retreating To Take a Leap?
April 19, 2021 08:00 PM AEST| By Team Kalkine Mediar band of channel pattern and the RSI (14-period) has formed a negative divergence. Bitcoin in just 3 months had rallied ~ 125.77 percent from the low of USD 28,745.55 made on January 2021 to a new lifetime high of USD 64,899.97 tested on...
Dogecoin has a tiger’s roar, soars 440% in a week
April 19, 2021 07:34 PM AEST| By Team Kalkine Mediaed as the cryptocurrency soars on sheer popularity and not on the underlying asset. Dogecoin has witnessed a rise of a staggering 18,000% from a year ago with the current market value of ~US$49 billion, according to CoinMarketCap. Over the past-...
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