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How To Invest In Stocks & Shares
August 23, 2024 06:04 PM AEST| By Team Kalkine MediaInvesting Explained:,Investing involves purchasing assets with the goal of generating a profitable return over time, often accompanied by potential capital growth. For example, this could be seen when a property’s value increases or a company’s share...
Bitcoin Needs to Overcome $62K Resistance to Prevent a Repetition
August 23, 2024 05:28 PM AEST| By Team Kalkine MediaBitcoin is currently at a crucial juncture, as it faces significant resistance levels that will determine its short-term trajectory. Analysts from Kraken have noted that Bitcoin must reach and sustain a price of $62,000 to avoid a potential decline t...
SEC Challenges Richard Heart’s Motion to Dismiss $1 Billion Securities Lawsuit
August 23, 2024 05:27 PM AEST| By Team Kalkine MediaThe Ethereum Dencun upgrade, which was implemented in March 2024, has had a notable impact on the efficiency of Ethereum’s layer-2 (L2) networks. According to a recent analysis by Galaxy Research, this upgrade has significantly improved the economics...
Is Avalanche (AVAX) Poised for a Bullish Turn?
August 23, 2024 04:44 PM AEST| By Team Kalkine MediaAvalanche prices have surged by over 16% in the past week, showing signs of a trend reversal after a prolonged downtrend lasting nearly six months. On August 5, the asset reached a nine-month low but has since rebounded with a significant 45% increas...
Factors Driving Today's Surge in the Crypto Market
August 23, 2024 04:43 PM AEST| By Team Kalkine MediaThe cryptocurrency market has experienced an uptick today, with the total market capitalization increasing by approximately 1% over the last 24 hours to reach $2.13 trillion as of August 23. This increase includes gains from Bitcoin, which has risen...
Bitcoin Miner OTC Balances at a Two-Year High: Implications for Market Sentiment
August 23, 2024 04:42 PM AEST| By Team Kalkine MediaThe amount of Bitcoin held by cryptocurrency miners for over-the-counter (OTC) transactions has surged to its highest level in more than two years, suggesting increased selling activity among miners. According to data from CryptoQuant, OTC desk balan...
Campaign May Emphasize Innovation Over Cryptocurrency
August 23, 2024 04:41 PM AEST| By Team Kalkine MediaThe Vice President’s stance on digital assets at the Democratic National Convention (DNC) remains uncertain, but recent statements from a campaign aide suggest shift in policy focus.,On August 21, an aide campaign indicated that the Democratic nomine...
Magic Eden Foundation Unveils ME Token for Cross-Chain Trading
August 23, 2024 04:40 PM AEST| By Team Kalkine MediaThe Magic Eden Foundation has unveiled the ME token, a new digital asset aimed at advancing cross-chain trading and enhancing the functionality of decentralized applications (DApps) in the Web3 ecosystem. This initiative is designed to facilitate sea...
ETH Dencun Upgrade Draws Increased L2 Bots and Transaction Failures
August 23, 2024 04:39 PM AEST| By Team Kalkine MediaThe Ethereum Dencun upgrade, which was implemented in March 2024, has had a notable impact on the efficiency of Ethereum’s layer-2 (L2) networks. According to a recent analysis by Galaxy Research, this upgrade has significantly improved the economics...
Bitcoin's $60K Support: Significance and Implications
August 23, 2024 04:38 PM AEST| By Team Kalkine MediaResilient US job and inflation data, coupled with steady inflows into spot Bitcoin ETFs, has supported Bitcoin’s rally above $60,000. Between August 21 and August 22, Bitcoin’s price increased by 4% and has managed to maintain support around the $60,...
Three Factors That Could Propel Bitcoin to $68K in September
August 23, 2024 04:37 PM AEST| By Team Kalkine MediaBitcoin's recent technical setup and on-chain data suggest the possibility of a short-term recovery. Following a significant low on August 5, Bitcoin’s price has rebounded by over 22%. Analysts are observing technical and on-chain indicators that cou...
PIP Labs Raises $80M for Story Protocol, Valuation Reaches $2.25B
August 23, 2024 04:36 PM AEST| By Team Kalkine MediaPIP Labs, a startup based in Palo Alto, has secured $80 million in a Series B funding round, co-led by a16z Crypto and,Polychain,Capital. This funding is designated for advancing Story Protocol, a layer-1 blockchain aimed at managing intellectual pro...
Grayscale Introduces Interest Fund for AVAX Token
August 23, 2024 04:35 PM AEST| By Team Kalkine MediaGrayscale Investments has introduced a new fund focused on Avalanche’s native token, AVAX, as of August 22. The newly launched Grayscale Avalanche Trust provides an avenue for exposure to Avalanche, a prominent layer-1 blockchain platform known for i...
Bitcoin Exchange Inflows Decline Sharply in August
August 23, 2024 04:35 PM AEST| By Team Kalkine MediaBitcoin exchange inflows provide insight into potential selling pressure within the market, with high inflows often signaling increased selling pressure, while lower inflows suggest reduced selling activity.,Recent data shows a notable decline in Bit...
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UK Household Energy Bills Set to Increase by 10% in October
August 23, 2024 09:00 AM AEST| By Team Kalkine MediaUK household energy bills are set to increase by £149 starting in October, according to the latest price cap set by industry regulator Ofgem. For households consuming an average amount of gas and electricity, the annual bill will rise to £1,717. This...
Blue-Chip Stocks Falter as Markets Pause
August 23, 2024 12:23 AM AEST| By Team Kalkine MediaOn Wednesday, the FTSE 100 in London closed higher, but mid-cap stocks drew more attention ahead of the upcoming Federal Open Market Committee minutes.,The FTSE 100 index rose by 10.11 points, or 0.1%, to finish at 8,283.43. The FTSE 250 climbed 201....
Barclays Among Top Stocks with Disappointing Recent Results
August 23, 2024 12:22 AM AEST| By Team Kalkine MediaDuring the current earnings season, nearly all 417 companies within the MSCI Europe index have reported their financial results, with 97% having done so. Many of these companies that surpassed market expectations saw their share prices rise as a resu...
Escher Group Eyes Return to London Stock Market
August 23, 2024 12:19 AM AEST| By Team Kalkine MediaEscher Group, a global provider of software solutions for post offices, is reportedly planning a return to the London stock market after being taken private six years ago.,Sky News has reported that Escher, which had longstanding contracts with Fujit...
Former TON Foundation Executives Launch New Community Initiative
August 23, 2024 12:00 AM AEST| By Team Kalkine MediaThe TON Society, a new organization spun off from the TON Foundation, has been established to enhance decentralization within The Open Network (TON). The society will oversee the management of events and community channels associated with TON, aiming...
$24M CryptoPunk Sale Sparks Debate on NFT Market Trends
August 23, 2024 12:00 AM AEST| By Team Kalkine MediaAndreas Brekken, CEO of SideShift.ai, has expressed a pessimistic outlook on the NFT market, suggesting that CryptoPunk #5822 was sold at a loss and forecasting decline in NFT values. This sentiment reflects a broader trend of decreasing valuations w...
