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Franklin Templeton Expands Blockchain Fund to Avalanche Network
August 23, 2024 12:00 AM AEST| By Team Kalkine MediaFranklin Templeton, a leading global asset management firm, has broadened its digital finance offerings by expanding its Franklin OnChain US Government Money Fund to the Avalanche network. This move marks the launch of what is described as the first...
Bitcoin Primed for Short Squeeze as Bulls Challenge $62K Price Barrier
August 22, 2024 09:45 PM AEST| By Team Kalkine MediaBitcoin (BTC) recently experienced significant volatility, with price action on August 22 highlighting key resistance and support levels. The cryptocurrency’s price fluctuated between $59,500 and $61,000, driven by recent U.S. employment data revisio...
Bitcoin Volatility Increases Above ATH Levels as Price Revisits
August 22, 2024 09:43 PM AEST| By Team Kalkine MediaBitcoin's volatility has surged beyond the levels observed on the day of its all-time high in March, which may indicate a potential end to its extended consolidation phase. This heightened volatility is seen as a possible precursor to a significant p...
Bitcoin Volatility Increases Above ATH Levels as Price Revisits
August 22, 2024 09:37 PM AEST| By Team Kalkine MediaBitcoin's volatility has surged beyond the levels observed on the day of its all-time high in March, which may indicate a potential end to its extended consolidation phase. This heightened volatility is seen as a possible precursor to a significant p...
McDonald’s Instagram Hackers Generate $700K Through Grimace Memecoin
August 22, 2024 09:35 PM AEST| By Team Kalkine MediaThe official McDonald’s Instagram account was compromised by scammers who used the platform to promote a fraudulent memecoin themed around the fast food chain’s mascot, Grimace. The incident resulted in the theft of over $700,000 in Solana.,The attac...
Two Key Bitcoin Metrics Indicate Sustained Bull Cycle No Bubble Evident
August 22, 2024 09:33 PM AEST| By Team Kalkine MediaBitcoin’s current price metrics suggest that it is not overvalued and its price movement remains steady, with no significant anomalies or sharp fluctuations, according to recent analysis.,CryptoQuant researcher Axel Adler examined two key metrics in...
Polychain Leads $6.7M Funding Round for Bitcoin-Centric Yield Network Corn
August 22, 2024 09:30 PM AEST| By Team Kalkine MediaCorn aims to leverage Bitcoin's substantial liquidity to enhance decentralized finance (DeFi) applications with a new Ethereum layer-2 (L2) network. Polychain Capital has backed this initiative with a $6.7-million investment in Corn, a platform that...
Bitcoin Technical Indicators Strengthen To Lead the Short Squeeze
August 22, 2024 09:22 PM AEST| By Team Kalkine MediaThe official McDonald’s Instagram account was compromised by scammers who used the platform to promote a fraudulent memecoin themed around the fast food chain’s mascot, Grimace. The incident resulted in the theft of over $700,000 in Solana.,The attac...
Bitcoin Whales Increase Holdings by Only 1% Monthly
August 22, 2024 09:20 PM AEST| By Team Kalkine MediaRecent data indicates that large-volume Bitcoin holders, commonly referred to as whales, have significantly reduced their rate of accumulation since the peak in March when Bitcoin reached its all-time high. Onchain analytics firm CryptoQuant highligh...
Reasons for Ethereum's (ETH) Price Decline
August 22, 2024 06:05 PM AEST| By Team Kalkine Media{Ethereum},(ETH),has exhibited limited price movement over the past week, trading within a narrow range of approximately $128. As of August 20, Ethereum's price dropped by 3.75%, settling around $2,617. This decline followed significant market activi...
Bitcoin Price Outlook Ahead of the US Election
August 22, 2024 06:02 PM AEST| By Team Kalkine MediaBitcoin appears poised for a potential record high as it approaches the U.S. presidential election in November, supported by both on-chain and technical signals.,After dipping to a six-month low of around $49,500 during a global market downturn on Au...
Bitcoin Open Interest Rises After Fed's Dovish Minutes
August 22, 2024 05:56 PM AEST| By Team Kalkine MediaFederal Reserve's July meeting minutes, Bitcoin futures open interest (OI) surged, highlighting increased market activity and mixed sentiment among traders.,Bitcoin futures OI reached $31.92 billion, marking a notable rise of $1.26 billion within jus...
CryptoPunk NFT Quietly Amid Fading Market Interest
August 22, 2024 05:54 PM AEST| By Team Kalkine MediaThe CryptoPunks NFT collection recently saw its most valuable piece, CryptoPunk #5822, transferred to a new address, although the sale price was not disclosed. This particular NFT, an alien punk adorned with a bandana, was originally purchased by Dee...
Market Update Prices: BTC, ETH, BNB, SOL, XRP
August 22, 2024 05:53 PM AEST| By Team Kalkine MediaBitcoin is currently struggling to maintain levels above $60,000, but this has not deterred activity in spot Bitcoin exchange-traded funds. Data from Farside Investors indicates only two days of outflows. suggesting that the current price level is se...
London Market Early Call: Stocks to Dip as Jackson Hole Opens
August 22, 2024 04:29 PM AEST| By Team Kalkine MediaStocks in London are anticipated to open lower on Thursday, with market focus sharply on the interest rate outlook in the U.S. this week.,Attention is drawn to the Jackson Hole symposium starting today in Wyoming, with anticipation for insights from...
Bitcoin Reaches $61K, Yet Investors Favor Stocks and Bonds
August 22, 2024 04:16 PM AEST| By Team Kalkine MediaBitcoin,(BTC),futures experience a dip, market participants are navigating a period of uncertainty ahead of the Federal Reserve's September meeting. Despite Bitcoin’s impressive 21% rebound since retesting lower levels on August 5, it has struggled t...
Reasons Behind Cardano's (ADA) Price Gain
August 22, 2024 04:13 PM AEST| By Team Kalkine MediaCardano's,ADA,token has demonstrated notable strength, rising by 8% in the last 24 hours to trade around $0.3677 as of August 21. This recent price increase has allowed ADA to recover losses incurred between August 4 and August 5, indicating a potent...
London Stocks Rise: JD Sports Leads Gains Ahead of Powell’s Speech
August 22, 2024 09:00 AM AEST| By Team Kalkine MediaLondon stocks remained positive by midday on Thursday, with JD Sports,(LSE:JD),leading the gains following a favorable update. Investors are also anticipating a speech from Federal Reserve Chair Jerome Powell.,The FTSE 100 index was up 0.2% at 8,302....
Energy Prices Expected to Rise by 9% Ahead of Winter
August 22, 2024 09:00 AM AEST| By Team Kalkine MediaEnergy prices in the UK are poised to rise by 9% starting in October, as the country braces for the colder winter months. Ofgem is set to announce the updated energy price cap on Friday.,Cornwall Insight analysts predict that the cap will increase fr...
Citi Highlights BP’s Hidden Value with 7-Eleven Bid
August 22, 2024 09:00 AM AEST| By Team Kalkine MediaBP PLC,(LSE: BP),might see an unexpected boost in its value due to recent developments in the takeover battle for Japanese retail giant Seven & I, according to analysis from US bank Citi.,Canadian firm Alimentation Couche-Tard, known for its Circle K...
