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Will Bitcoin Drop to $55K Before a Strong Upsurge?
August 13, 2024 04:53 PM AEST| By Team Kalkine MediaBitcoin has recently encountered a significant challenge as its price fell below a crucial trend line, sparking discussions about a potential correction and,cryptocurrency,'s path forward. On August 12, Bitcoin's price dipped under the $63,000 mark,...
Understanding the Drop in Bitcoin Miners’ Daily Earnings
August 13, 2024 04:52 PM AEST| By Team Kalkine MediaBitcoin miners have faced a challenging period as daily revenue dropped to a new yearly low of $2.54 million on August 11. This decline highlights the ongoing struggles within the,Bitcoin,mining sector, which had been bracing for financial strain fol...
Marathon Digital is All Set for $250M Bitcoin Acquisition
August 13, 2024 04:50 PM AEST| By Team Kalkine MediaMarathon Digital Holdings has embarked on a significant financial maneuver, unveiling a $250 million offering of convertible senior notes due in 2031. This strategic move is directed towards “qualified institutional buyers” and represents a key compo...
Are Crypto ETFs Expanding with New Assets and Indexes?
August 13, 2024 03:38 PM AEST| By Team Kalkine MediaThe pace at which cryptocurrency exchange-traded funds (ETFs) have been adopted in the United States has exceeded even the expectations of industry leaders such as Grayscale Investments. The expanding market for,crypto,ETFs is set to include new type...
Why Ethereum ETPs Surpassing Bitcoin Amid Strong Market Recovery?
August 13, 2024 03:37 PM AEST| By Team Kalkine MediaEthereum exchange-traded products (ETPs) have emerged as the leading choice for institutional investors following a market correction on August 5. According to CoinShares’ weekly Digital Asset Fund Flows report, Ethereum funds attracted significant i...
Is Bitcoin Set for Massive Surge After Recent Market Correction?
August 13, 2024 03:36 PM AEST| By Team Kalkine MediaBitcoin’s price might be on the brink of a substantial upward move, potentially leading to new record highs if a bullish chart pattern known as a descending broadening triangle is validated. Recent analysis from crypto trader Post Trader Tardigrade h...
Could Economic Risks Drive Bitcoin to Fall to $52K?
August 13, 2024 03:36 PM AEST| By Team Kalkine MediaRecent volatility in Bitcoin’s price and evolving macroeconomic conditions suggest potential challenges ahead for,cryptocurrency,. On August 12, Bitcoin experienced a notable spike in volatility, with its price dropping 3.2% to $57,844 before recover...
Why Bitcoin Could Surge Beyond $74K by Year-End?
August 13, 2024 03:35 PM AEST| By Team Kalkine MediaBitcoin’s recent market performance has been characterized by notable shifts, suggesting that the recent correction may be setting the stage for a bullish turnaround. The,cryptocurrency,'s price plummeted by over 25% during the global market rout on...
Superstate Adopts Chainlink for Tokenized Treasury Fund Integration
August 13, 2024 11:01 AM AEST| By Team Kalkine MediaSuperstate, a blockchain-based asset management firm, has announced its integration of [Chainlink] technology as it expands into the burgeoning tokenization market. The firm will utilize [Chainlink]’s Data Feeds to bring net asset value (NAV) data fo...
Coinbase Identifies Issues in SEC's Proposed Definition of Exchanges
August 13, 2024 10:18 AM AEST| By Team Kalkine MediaIn its latest correspondence with the United States Securities and Exchange Commission (SEC), Coinbase has reiterated its stance on the regulatory challenges posed by the SEC's proposed changes to the definitions of a national securities exchange. Th...
Tuesday’s Highlights in the Cryptocurrency Market
August 13, 2024 10:12 AM AEST| By Team Kalkine MediaToday's [crypto] news highlights some significant developments across the industry. Argo Blockchain (ASX:MKG) has successfully repaid a crucial $35 million loan from Galaxy Digital, which was essential for avoiding bankruptcy during the severe [crypt...
TeraWulf’s Bitcoin Production Falls 21% in Q2, Eyes AI Expansion
August 13, 2024 12:00 AM AEST| By Team Kalkine MediaBitcoin miner TeraWulf reported mixed results for the second quarter of 2024, surpassing revenue expectations but falling short on earnings. The firm’s report, released on August 2, revealed a 21% decline in the amount of [Bitcoin] mined compared to...
Great Western Mining Corp PLC Enters Pooling Agreement with Bronco Exploration Inc
August 12, 2024 08:46 PM AEST| By Team Kalkine MediaGreat Western Mining Corp PLC (LSE: GWMO) announced on Monday that it has entered into a pooling agreement with Bronco Exploration Inc to advance its copper exploration efforts.,Details of the Pooling Agreement,Under the agreement, the Eastside Mine...
Thor Energy Secures Drilling Permits for Colorado Projects
August 12, 2024 08:26 PM AEST| By Team Kalkine MediaThor Energy PLC (LSE: THR) has announced that it has secured all necessary approvals for drilling at its Wedding Bell and Radium Mountain Projects in southwest Colorado, USA. This marks a significant step forward for the company’s exploration efforts...
Leadership Change at Cornish Metals: Don Turvey to Become CEO
August 12, 2024 08:11 PM AEST| By Team Kalkine MediaCornish Metals Inc. (LSE: CUSN) has announced the appointment of Don Turvey as the new Chief Executive Officer (CEO) and Director of the Company, effective September 1, 2024, pending UK work visa approval. Don Turvey will relocate from South Africa t...
What Could Be the Pros and Cons of Bitcoin as a US Reserve Asset?
August 12, 2024 06:51 PM AEST| By Team Kalkine MediaThe concept of Bitcoin becoming a reserve asset for the United States has sparked a significant debate, particularly concerning the centralization risks associated with such a move. While this idea could act as a catalyst for,Bitcoin,’s price, it als...
Why the Trump-Themed RTR Token Crashed 95%?
August 12, 2024 06:50 PM AEST| By Team Kalkine MediaThe Donald Trump-themed cryptocurrency Restore the Republic (RTR) has experienced a dramatic 95% drop in value following a public denial from Eric Trump regarding any association with the token. The token's rise and subsequent fall highlight the vola...
Evaluating Key Factors Behind the Dogecoin Recent Spike
August 12, 2024 06:49 PM AEST| By Team Kalkine MediaDogecoin has demonstrated significant price movement recently, rising alongside other leading,cryptocurrency,and reflecting renewed risk-on sentiment following a global market rout. This surge can be attributed to multiple factors, including strong e...
What Makes Bitcoin and Ethereum Top Cryptocurrencies?
August 12, 2024 06:48 PM AEST| By Team Kalkine MediaThe recent decline in the cryptocurrency market has been stark and alarming. In a single day, the market experienced a dramatic $367 billion reduction in value.,Bitcoin,fell by 15%, and Ethereum saw a 22% drop. This sharp downturn, marked by both a s...
How Solana Stopped a Potential Network Outage?
August 12, 2024 06:47 PM AEST| By Team Kalkine MediaSolana validator Laine announced that a critical security vulnerability within the Solana blockchain had been successfully addressed. The swift action by developers, validators, and client teams was essential to safeguard the network from a potential...
