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Parafi Capital's $120M Fundraise Indicates Revived Growth for Crypto Funds
August 29, 2024 10:53 PM AEST| By Team Kalkine MediaThis year, the cryptocurrency sector has seen a notable increase in capital inflows as digital asset prices recover, enhancing overall market sentiment. Digital asset management firm Parafi Capital has successfully raised $120 million, supported by i...
Bitcoin Whale Acquires 1K BTC as Binance Selling Drives Price Below $58K
August 29, 2024 10:50 PM AEST| By Team Kalkine MediaBitcoin's price experienced volatility recently, reflecting a complex trading environment marked by significant market movements and strategic actions by major players. On August 29, Bitcoin (BTC) briefly tested a low of $57,900 on Bitstamp before re...
Ethereum Price Breakout to $3K Likely Postponed Until October
August 29, 2024 10:36 PM AEST| By Team Kalkine MediaEther (ETH) is currently navigating significant resistance around the $2,700 mark, a key level that it believes must be surpassed for a breakout to $3,000 in the fourth quarter of 2024. As of the latest data, Ether's price is positioned at approximat...
London Midday: FTSE Steady as Investors Await US GDP and Nvidia Results
August 29, 2024 10:32 PM AEST| By Team Kalkine MediaLondon stocks maintained their upward momentum by midday on Thursday as market participants analyzed the latest results from chipmaker Nvidia,(NASDAQ:NVDA),and anticipated upcoming US GDP data.,The FTSE 100 saw an increase of 0.3%, reaching 8,368.19....
US Futures Climb Ahead of Market Open After Nvidia’s Q2 Earnings
August 29, 2024 10:27 PM AEST| By Team Kalkine MediaWall Street futures were trending higher ahead of the opening bell on Thursday, with market participants bracing for several key data releases later in the day.,As of 12:45 BST, Dow Jones futures had risen by 0.56%, while S&P 500 and Nasdaq-100 futur...
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Smoking Ban to Extend to Pub Gardens and Clubs
August 29, 2024 07:11 PM AEST| By Team Kalkine MediaThe UK government is reportedly exploring an expanded smoking ban that could extend to outdoor areas such as pub gardens, nightclubs, and small parks, according to “secret Whitehall papers” cited by The Sun. This potential new ban follows Labour's pl...
Trader Sees Altcoins at Extreme Levels Amid Emerging Buy Signals
August 29, 2024 06:06 PM AEST| By Team Kalkine MediaThe “Alts buy signal” chart is indicating a accumulation phase for altcoins, marking a noteworthy signal that has not appeared at such low levels in over three years. This chart provides traders with insights into when the overall altcoin market migh...
Blockchain 'Conjuring' Falls Short in Enhancing Humanitarian Aid
August 29, 2024 06:05 PM AEST| By Team Kalkine MediaDigital anthropologist Margie Cheesman has examined the effectiveness of blockchain technology in humanitarian projects, revealing that it often introduces more problems than it solves. Her research, detailed in the paper "Conjuring a Blockchain Pilo...
LINE Introduces Telegram-Style 'Mini DApps' with Kaia Mainnet Launch
August 29, 2024 06:04 PM AEST| By Team Kalkine MediaThe messaging app LINE is set to integrate “mini DApps” with the launch of Kaia’s mainnet, following a similar feature introduced by telegram last year. Kaia, a new layer-1 blockchain, officially launched its mainnet on August 29, offering notable ad...
Crypto.com and Standard Chartered Collaborate on Global Fiat Services
August 29, 2024 06:02 PM AEST| By Team Kalkine MediaCrypto.com, a cryptocurrency exchange based in Singapore,has announced a strategic partnership with Standard Chartered Bank to enhance its global retail services. This collaboration aims to provide users with the ability to deposit and withdraw USD,...
Web3 Gaming Intends to Disrupt Traditional Platforms
August 29, 2024 06:02 PM AEST| By Team Kalkine MediaThe advent of blockchain technology has introduced a new dimension to gaming, with Web3 gaming gaining traction among nearly 3 million daily users. This emerging sector seeks to rival traditional gaming platforms such as Steam and the Epic Games Stor...
Europe Open: Shares Rise Ahead of Nvidia Results and German CPI
August 29, 2024 05:59 PM AEST| By Team Kalkine MediaEuropean shares saw a slight rise on Thursday as market participants awaited preliminary inflation data from Germany and eurozone sentiment indicators. The pan-European Stoxx 600 index edged up by 0.2%, reaching 521.66 in early trading.,Attention was...
Fed’s ‘Sugar High’ Could Drive Bitcoin Surge
August 29, 2024 05:34 PM AEST| By Team Kalkine MediaArthur Hayes, co-founder of BitMEX, has recently drawn a parallel between the Federal Reserve’s monetary policy actions and a temporary economic boost akin to a "sugar high," highlighting potential ripple effects on Bitcoin and the broader cryptocurr...
TON Resumes Operation After Second DOGS-Related Outage in 36 Hours
August 29, 2024 05:33 PM AEST| By Team Kalkine MediaThe Open Network (TON) has resumed full functionality after experiencing two significant outages within a 36-hour period, attributed to a surge in network activity triggered by the launch of a new memecoin,,{Dogs},(DOGS),.,The TON network faced its f...
Bitcoin Assets of Listed Firms Surge to $20B in One Year
August 29, 2024 05:32 PM AEST| By Team Kalkine MediaA recent survey has revealed that 26% of institutional investors and wealth managers support the use of Bitcoin as a reserve asset. This endorsement is reflected in the substantial increase in Bitcoin holdings among publicly listed companies, which h...
ICP Project Hosts First 'Fully On-Chain' AI Model
August 29, 2024 05:31 PM AEST| By Team Kalkine MediaArtificial intelligence firm DecideAI has achieved a notable milestone by deploying OpenAI’s GPT-2 on the,{Internet Computer},(ICP),blockchain. This deployment, announced on August 28, represents a significant development in the integration of AI mod...
OpenAI Endorses California Bill for AI Content Labeling
August 29, 2024 05:30 PM AEST| By Team Kalkine MediaOpenAI has expressed support for California Assembly Bill 3211(AB 3211), which proposes the implementation of watermarks on AI-generated content, marking a shift in the company’s stance on AI-related legislation. The endorsement follows OpenAI's prev...
Polygon (MATIC) Shows Reversal Amid Surge in On-Chain Activity
August 29, 2024 03:48 PM AEST| By Team Kalkine MediaRecent data indicates increased on-chain activity for the Ethereum layer-2 network Polygon, although the token's price remains at depressed levels. A “notable spike” in both active addresses and the reactivation of dormant coins on the Polygon networ...
Nvidia’s Q2 Earnings: A Potential Turning Point for the AI Industry
August 29, 2024 03:47 PM AEST| By Team Kalkine MediaNvidia is scheduled to release its second-quarter earnings report after market close, an event analysts are heralding as one of the most significant for the U.S. economy this year. The company’s performance is closely watched due to its impressive gr...
Blockchain as a Web3 Solution for Overcoming AI Data Silos and Restoring Privacy
August 29, 2024 03:46 PM AEST| By Team Kalkine MediaWith the rise of artificial intelligence(AI), both consumers and businesses are increasingly integrating AI-driven solutions to enhance productivity and drive innovation. However, this surge in AI usage brings up a critical question: what happens to...
