News
WIF Open Interest Rises 16% as Trader Warns of Unpreparedness for Reversal
September 05, 2024 09:49 PM AEST| By Team Kalkine MediaInterest in Solana-based memecoin,{Dogwifhat},(WIF),has surged recently, with significant developments in both trading volume and market analysis. Since August 31, open interest in Dogwifhat futures has risen by 16%, reaching $231.48 million, accordi...
Helium One Well Test Seen as a 'Significant Advancement,' According to Investment Bank
September 05, 2024 09:44 PM AEST| By Team Kalkine MediaHelium One Global Ltd (,LSE:HE1),has achieved a significant development with its latest well test in Tanzania, marking an important step towards proving commercial viability, according to Panmure Liberum.,Promising Flow Rates and Helium Concentration...
US Pre-Open: Futures Stable Ahead of Jobs Data
September 05, 2024 09:41 PM AEST| By Team Kalkine MediaWall Street futures were little changed ahead of the bell on Thursday as market participants looked ahead to a number of data points that should provide more insight into the current state of the US economy.,As of 1230 BST, Dow Jones and S&P 500 futu...
Europe Open: Markets Mixed as Investors Assess EZ PMI and Await US Payrolls
September 05, 2024 09:25 PM AEST| By Team Kalkine MediaEuropean shares showed mixed performance on Thursday as investors analyzed weak eurozone construction data and awaited upcoming US non-farm payroll figures.,The Stoxx 600 index, which tracks a broad range of European stocks, rose marginally by 0.05%...
Eurozone Construction New Orders Decline 'Markedly' - PMI Survey
September 05, 2024 09:05 PM AEST| By Team Kalkine MediaConstruction activity in the eurozone remained sluggish throughout August, as indicated by a survey released on Thursday. The HCOB Eurozone Construction purchasing managers' index held steady at 41.4, matching July's six-month low. This figure, below...
Bitcoin Transactions Drop 30% in 6 Months Amid BTC Price Stagnation
September 05, 2024 08:41 PM AEST| By Team Kalkine MediaBitcoin appears to be entrenched in a period of stagnation, with recent indications that the cryptocurrency is caught in an increasingly unstable trading range. According to a September 4 report by CryptoQuant, Bitcoin's network activity has declined...
Polkadot Summit Highlights Mandala and KILT in Emerging Ecosystems
September 05, 2024 08:40 PM AEST| By Team Kalkine MediaThe Bali Blockchain Summit highlighted Indonesia's proactive approach to integrating blockchain technology as part of its broader digital transformation strategy. With a population exceeding 270 million and projections indicating it will become the w...
German Factory Orders Rise on Growth in Large-Scale Orders
September 05, 2024 08:38 PM AEST| By Team Kalkine MediaGerman factory orders rose by 2.9% in July compared to the previous month, according to the Federal Statistical Office. This result exceeded market expectations, which had anticipated a 1.5% decline. The increase follows June’s upwardly revised 4.6%...
Senator to Debate Critic of 'Crypto Billionaires
September 05, 2024 08:37 PM AEST| By Team Kalkine MediaMassachusetts Senator Elizabeth Warren and Republican candidate John Deaton are scheduled to face off in two debates this October, ahead of the November election for a U.S. Senate seat. The format and agenda of these debates remain uncertain, particu...
Bitcoin Remains 10% Down Post-Halving Amid Record Delay to All-Time High
September 05, 2024 08:34 PM AEST| By Team Kalkine MediaBitcoin’s performance post-halving has been notably sluggish, according to trader Peter Brandt. In a recent shared on X, Brandt highlighted that Bitcoin has taken an unusually long time to reach a new all-time high following its latest halving event...
Japan’s Sakana AI Partners with Nvidia for Research, Secures $100M
September 05, 2024 08:32 PM AEST| By Team Kalkine MediaSakana AI, a Tokyo-based startup, has secured $100 million in Series A funding, marking a significant milestone in its mission to advance artificial intelligence in Japan. This funding round was led by New Enterprise Associates, Khosla Ventures, and...
Ripple Case Impact on XRP's Performance in Current Bull Run
September 05, 2024 07:58 PM AEST| By Team Kalkine MediaIn the,cryptocurrency,sector, legal expert Fred Rispoli has addressed concerns regarding the potential impact of the ongoing SEC v. Ripple case on XRP’s performance during the current bull run.,Legal Expert Offers Reassurance,Fred Rispoli, a legal ex...
London Pre-Open: Stocks Expected to Drop Ahead of ADP Report
September 05, 2024 06:58 PM AEST| By Team Kalkine MediaOn Thursday, London stocks are anticipated to decline at the start of trading, following mostly weaker performances in the US and Asian markets. The FTSE 100 is projected to open approximately 16 points lower.,Market Focus,Ipek Ozkardeskaya, a senior...
XRP Fans Unfazed by Kamala Harris's Capital Gains Tax Proposal!
September 05, 2024 06:58 PM AEST| By Team Kalkine MediaIn the,cryptocurrency,sector, concerns have emerged regarding impacts of a proposed capital gains tax on digital assets. Despite these concerns, crypto YouTube channel Altcoin Daily asserts that holders of XRP and other selected cryptocurrencies need...
MetaMask Users Can Now Access Cardano with New Wallet Snap Integration
September 05, 2024 06:56 PM AEST| By Team Kalkine MediaIn the,cryptocurrency,sector, MetaMask, a leading Ethereum wallet provider, has announced a new feature that allows its users to interact with the Cardano blockchain. This development comes through the integration of a Cardano wallet Snap, created by...
AB Foods Warns of Sales Drop at Primark; Vistry Reports First-Half Profit Rise
September 05, 2024 06:55 PM AEST| By Team Kalkine MediaLondon Market Opening,On Thursday, the FTSE 100 is anticipated to open 17 points lower, following a decline of 0.35% on Wednesday, closing at 8,269.60.,Stocks to Monitor,Primark, part of Associated British Foods,(LSE:ABF),, is forecasting a modest 0....
CFTC Charges Uniswap with Illegal Derivatives
September 05, 2024 06:55 PM AEST| By Team Kalkine MediaThe United States Commodity Futures Trading Commission (CFTC) announced that Uniswap Labs, the developer behind the decentralized exchange (DEX) Uniswap, had settled charges for illegally offering leveraged cryptocurrency trading to U.S. retail inves...
Bitcoin Interest Remain Profitable Despite Bull Market
September 05, 2024 06:53 PM AEST| By Team Kalkine MediaBitcoin, trading at $57,450, remains approximately 22% below its all-time high of $73,835, achieved on March 14. Despite recent bearish trends, data suggests that Bitcoin holders are relatively stable compared to historical cycles.,Market intelligenc...
US Regulator Delays Decision on Eco-Friendly Bitcoin ETF
September 05, 2024 06:51 PM AEST| By Team Kalkine MediaThe U.S. Securities and Exchange Commission (SEC) has again postponed its decision regarding the listing of a unique exchange-traded fund (ETF) proposed by NYSE Arca. The ETF, known as the 7RCC Spot Bitcoin and Carbon Credit Futures ETF, combines spo...
Nigerian Judge Reschedules Binance Exec’s Bail Hearing to October 9
September 05, 2024 06:50 PM AEST| By Team Kalkine MediaTigran Gambaryan, a senior executive at Binance, has been detained in Nigeria since February, facing charges of tax evasion and money laundering. A recent update from a family spokesperson on September 4 indicates that a decision on Gambaryan’s lates...