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Europe Midday: Stocks Remain Down After Weak Data, Awaiting Payrolls
September 06, 2024 09:15 PM AEST| By Team Kalkine MediaEuropean stocks remained in decline by midday on Friday as market anxiety grew ahead of the crucial US non-farm payrolls report and following disappointing economic data from the eurozone and Germany.,The benchmark Stoxx 600 index and France’s CAC 40...
House Prices Reach Two-Year High, Says Halifax
September 06, 2024 09:03 PM AEST| By Team Kalkine MediaIn August, UK house prices reached a two-year peak, buoyed by improved market confidence and easing interest rates, according to figures released by Halifax on Friday. This uptick in prices marks a significant moment in the housing sector as the mark...
Crypto in ‘Extreme Fear’ as Arthur Hayes Predicts Bitcoin Under $50K This Weekend
September 06, 2024 08:37 PM AEST| By Team Kalkine MediaCrypto market sentiment has plunged into the "extreme fear" zone, triggered by a recent drop in Bitcoin’s price. The Crypto Fear & Greed Index which gauges market sentiment on a scale from 0 to 100, registered a score of 22 on September 6, indicating...
Ether All-Time High in 2024: Possible, but Unlikely
September 06, 2024 08:34 PM AEST| By Team Kalkine MediaEthereum's market prospects suggests that while the launch of spot Ether exchange-traded funds (ETFs) has garnered significant Wall Street attention, the cryptocurrency faces challenges in competing with tech stocks that are currently delivering high...
90% of UK Crypto Registrations Fail Due to Weak Fraud and AML Controls
September 06, 2024 08:34 PM AEST| By Team Kalkine MediaThe UK Financial Conduct Authority (FCA) has faced significant challenges in approving crypto business registrations, with a recent report highlighting that only four out of 35 applications were accepted over the past year. This high rejection rate i...
Unlucky’ MEV Bot Takes $12M Loan for Just $20 Profit
September 06, 2024 08:33 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...
Endeavour Mining Rises as Gold Advances Ahead of US Employment Data.
September 06, 2024 08:28 PM AEST| By Team Kalkine MediaEndeavour Mining PLC (,LSE:EDV,)emerged as the top gainer on the FTSE 100 during Friday's trading session as gold prices edged higher ahead of the release of key U.S. employment data. Shares of the gold-focused miner rose by 1.9% early in the day, be...
German Industrial Production Drops More Than Expected in July
September 06, 2024 08:04 PM AEST| By Team Kalkine MediaGerman industrial production experienced a much steeper decline than anticipated in July, according to data released on Friday by Destatis. Production fell by 2.4% from the previous month, a sharp contrast to the 1.7% increase reported in June, and s...
Europe Open: Stocks Fall as Investors Await Payrolls, German Data Disappoints
September 06, 2024 07:49 PM AEST| By Team Kalkine MediaEuropean stocks opened lower on Friday as market participants grew uneasy ahead of the critical US non-farm payrolls report, compounded by disappointing economic data from Germany. By 0840 BST, the Stoxx 600 index and France's CAC 40 had both decline...
VanEck: Multiple Factors Driving Ether's Weak Price Action
September 06, 2024 06:51 PM AEST| By Team Kalkine MediaVanEck has highlighted several factors contributing to Ethereum's recent decline in decentralized exchange trading volume, which has dropped from 42% in 2022 to 29% in 2024. The presentation in VanEck's Crypto Monthly Recap for August 2024, identifie...
Blockstream Mining Launches Hashrate-Backed Security Token
September 06, 2024 06:50 PM AEST| By Team Kalkine MediaBlockstream is raising funds through the issuance of a new security token, the Blockstream Mining Note 2 (BMN2), which is backed by the company's Bitcoin mining hashrate. According to an announcement on September 5, BMN2 tokens are priced at $31,000...
Celestia Reveals Roadmap for 1-Gigabyte Blocks
September 06, 2024 06:49 PM AEST| By Team Kalkine MediaCelestia, a layer-1 data availability network, has announced a technical roadmap aimed at significantly scaling its block size to 1 gigabyte, as detailed in a September 5 blog post. This strategic move is designed to enhance data throughput for Celes...
HNT Surges 21% Amid Helium Ecosystem Growth
September 06, 2024 06:48 PM AEST| By Team Kalkine MediaThe Helium Network's native token, HNT, has experienced a significant 21% price increase over the past two days, largely driven by growth in the Helium Mobile subscriber base and an expansion in the number of hotspots.,As reported by Cointelegraph Ma...
Blockchain Experiment Yields Swarm of Decentralized Learning Robots
September 06, 2024 06:47 PM AEST| By Team Kalkine MediaResearchers in Belgium are exploring a groundbreaking approach to artificial intelligence (AI) through a blockchain-based, decentralized training method. This pioneering research, still in its early stages, may have profound implications for various...
Shiba Inu Partner K9 Announces Launch Date for Staking Solution
September 06, 2024 06:41 PM AEST| By Team Kalkine MediaIn the,cryptocurrency,sector, K9 Finance, the official liquid staking partner for Shiba Inu, has confirmed the launch of its liquid staking derivative (LSD) platform this month.,K9 Staking Solution Completes Security Audit,Shiba Inu,(,SHIB,) partner...
Flare Network Offers Guide for XRP Users to Join FAssets
September 06, 2024 06:36 PM AEST| By Team Kalkine MediaIn the,cryptocurrency,sector, the Flare Network team has released a detailed guide on how XRP holders can participate as collateral providers within the FAssets project.,Steps to Becoming a Collateral Provider,The FAssets platform, currently in its b...
Bitcoin Reaches New Heights Amid Market Trends and Rate Cut Prospects
September 06, 2024 06:30 PM AEST| By Team Kalkine MediaIn the,cryptocurrency,sector, Bitcoin has recently experienced a correction, trading around $55,000, and the potential for a Federal Reserve interest rate cut in September could influence future price movements.,Bitcoin Faces Short-Term Challenges,Bi...
XRP Sentiment Shifts as Target Gains Traction
September 06, 2024 06:21 PM AEST| By Team Kalkine MediaIn the,cryptocurrency,sector, a notable shift in sentiment regarding XRP's price target has emerged. Xena, a prominent figure within the XRP community, reports that the once far-off $100 target for XRP is now being seen as a potential milestone withi...
Snek.Fun Launch on Cardano Sparks High User Demand
September 06, 2024 06:19 PM AEST| By Team Kalkine MediaThe,cryptocurrency,sector sees the launch of Snek.Fun, a new memecoin creation platform on the Cardano network, drawing significant attention and sparking discussions within the community. The platform, which debuted on Thursday, is associated with S...
Data Highlights Cardano's Performance During Bullish Phases
September 06, 2024 05:56 PM AEST| By Team Kalkine MediaIn the,cryptocurrency,sector, Cardano Whale, a prominent community figure, has shared data illustrating Cardano's performance compared to 18 of the top cryptocurrencies. The comparison, which uses the Blooming Generic Price (BGN) metric, covers a per...
