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WisdomTree Cancels Ethereum Trust S-1 Registration Filing
September 09, 2024 02:05 PM AEST| By Team Kalkine MediaWisdomTree has formally requested the withdrawal of its S-1 filing for a spot Ether exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). This request comes more than three years after the initial submission of the regist...
El Salvador Celebrates 3 Years of Bitcoin Adoption with $31M Profit
September 09, 2024 02:04 PM AEST| By Team Kalkine MediaEl Salvador is marking a significant milestone as it celebrates the third anniversary of its decision to adopt Bitcoin as legal tender. On September 7, 2021, El Salvador became the first country in the world to officially recognize Bitcoin as a legal...
Rare Ape CryptoPunk Sells for $1.5M Despite Market Downturn
September 07, 2024 01:57 AM AEST| By Team Kalkine MediaCryptoPunk #6915, a rare Ape-themed NFT, recently sold for approximately $1.48 million, equivalent to 620 Ether. This sale occurred on September 5, 2024, and highlights a significant decline in the asset's value over recent months. CryptoPunk #6915 i...
Ripple Co-Founder Endorses Harris for President
September 07, 2024 01:55 AM AEST| By Team Kalkine MediaChris Larsen, co-founder and executive chairman of Ripple, has joined a notable group of 88 corporate leaders endorsing Vice President Kamala Harris for the 2024 presidential election. The endorsement, reported by CNBC on September 6, highlights Lars...
Arthur Hayes Warns of Sub-$50K BTC Amid Potential Trend Shift
September 07, 2024 01:52 AM AEST| By Team Kalkine MediaBitcoin's price movements have shown increased vulnerability as the cryptocurrency approached another monthly low on September 8. Recent data indicates that Bitcoin's price dipped to $55,282 on Bitstamp, creating concerns over the potential for furth...
Crypto Venture Capital Funding Hits $633M in August Rebound
September 07, 2024 01:50 AM AEST| By Team Kalkine MediaIn August, venture capital (VC) funding in the cryptocurrency sector experienced a notable uptick, reaching $633 million. This figure represents a 15% increase from the $550 million recorded in July, according to data from DefiLlama.,The majority of...
MV Global: DePIN Poised to Be Crypto’s Next Major Use Case
September 07, 2024 01:48 AM AEST| By Team Kalkine MediaA recent report by MV Global highlights the growing prominence of Decentralized Physical Infrastructure Networks (DePINs) as a significant development in Web3 technology. According to the September 5 report, DePINs are poised to become a major use ca...
Eurozone GDP Growth Slashed: What It Means for the Economy
September 06, 2024 10:44 PM AEST| By Team Kalkine MediaOn Friday, official data revealed that the Eurozone economy expanded only marginally in the second quarter, with growth struggling to gain traction. According to Eurostat, the European Union’s statistical office, seasonally-adjusted GDP increased by...
Caring Nears £1B Deal to Sell The Ivy Collection
September 06, 2024 10:42 PM AEST| By Team Kalkine MediaRichard Caring, the billionaire businessman renowned for his ownership of upscale London restaurants, was reportedly on the verge of finalizing a deal to transfer a controlling interest in The Ivy Collection. According to Sky News, the transaction, v...
CMA: Google Abusing Dominant Position in Online Advertising
September 06, 2024 10:38 PM AEST| By Team Kalkine MediaThe UK's Competition and Markets Authority (CMA) has accused Alphabet’s Google,(NASDAQ:GOOG) (NASDAQ:GOOGL),of leveraging its dominant position in digital advertising to stifle competition and favor its own services. In its provisional findings, the...
US Pre-Open: Futures Decline Ahead of NFP Report
September 06, 2024 10:35 PM AEST| By Team Kalkine MediaWall Street futures indicated further declines on Friday morning as traders awaited the crucial nonfarm payrolls report for August. As of 12:45 BST, futures for the Dow Jones were down by 0.38%, while the S&P 500 and Nasdaq-100 futures suggested open...
Berenberg Reduces Target Price for Entain
September 06, 2024 10:03 PM AEST| By Team Kalkine MediaOn Friday, analysts at Berenberg revised their target price for bookmaker Entain,(LSE:ENT),from 1,140.0p to 1,020.0p, indicating that the company remains confronted with significant challenges. Although Entain's shares have dropped by 37% year-to-dat...
Galileo Reports Progress at Luansobe Copper Project
September 06, 2024 09:49 PM AEST| By Team Kalkine MediaGalileo,(LSE:GLR),Resources provided an update on the development of its Luansobe copper project in Zambia on Friday, where it holds a 75% interest. The AIM-traded company reported that the project, now operating under a small-scale mining licence, h...
BoA’s Hartnett Advises Caution if US August Payrolls Are Below 100,000
September 06, 2024 09:30 PM AEST| By Team Kalkine MediaMichael Hartnett, a leading strategist at Bank of America, has indicated that a severe economic downturn in the US remains a likely scenario. In a research note circulated to clients, Hartnett reaffirmed his position that the market has not fully pri...
Monochrome Files for Australia’s First Direct Ether ETF
September 06, 2024 09:28 PM AEST| By Team Kalkine MediaMonochrome Asset Management has announced its application for the first spot Ether exchange-traded fund (ETF) in Australia, aiming to list the Monochrome Ether ETF (IETH) on Cboe Australia by the end of September. The application marks a significant...
Trump vows to make US ‘world capital of crypto,’ taps Musk for new task force
September 06, 2024 09:24 PM AEST| By Team Kalkine MediaAt a recent event hosted by the Economic Club of New York on September 5, United States presidential candidate and former President Donald Trump reiterated his support for the cryptocurrency sector. Trump outlined plans to streamline regulatory frame...
Bitcoin Traders Ignore September Dip, Expect Price to Surprise Bears
September 06, 2024 09:22 PM AEST| By Team Kalkine MediaEd Hindi, chief investment officer at Tyr Capital, has expressed a bullish outlook for Bitcoin's performance in September, suggesting that the cryptocurrency is more likely to end the month above $60,000 rather than below it. Despite historical trend...
Hacker Praised After $27M Crypto Heist from Penpie DeFi Protocol
September 06, 2024 09:21 PM AEST| By Team Kalkine MediaThe recent $27 million hack of the decentralized finance (DeFi) protocol Penpie has drawn attention from another high-profile hacker. On September 3, Penpie experienced a significant security breach, resulting in the theft of $27 million worth of dig...
Riot Platforms’ Bitcoin Holdings Exceed 10K BTC as Production Falls
September 06, 2024 09:20 PM AEST| By Team Kalkine MediaRiot Platforms, a prominent Bitcoin mining company, has reported a decline in its Bitcoin production for August 2024, yet remains optimistic about future growth and efficiency improvements. The company has disclosed that its Bitcoin holdings have inc...
Magic Eden Faces Backlash Over US Service Segregation
September 06, 2024 09:18 PM AEST| By Team Kalkine MediaMagic Eden, a notable NFT marketplace, recently announced the launch of a United States-exclusive domain for its users, sparking notable controversy within the crypto community. According to a September 5 update, the new US domain will offer familiar...
