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Why Bitcoin's Market Dominance Presents a Challenge for Ethereum?
August 09, 2024 02:37 PM AEST| By Team Kalkine MediaEthereum’s native token, Ether (ETH), faced significant declines against Bitcoin (BTC) on August 5, reaching its lowest point in three years. This drop occurred amid global market turbulence and has contributed to a 25% decrease in year-to-date retur...
What’s Behind the XRP's 26% Surge?
August 09, 2024 02:36 PM AEST| By Team Kalkine MediaXRP's price surged by 26% following significant developments in the ongoing legal battle between Ripple Labs and the Securities and Exchange Commission (SEC). On August 7, a New York federal judge's decision to impose a $125 million civil penalty on...
Bitfarms Stock Jumps 22% as Q2 Loss Beats Expectations
August 09, 2024 11:56 AM AEST| By Team Kalkine MediaHeadlines :,[,Bitfarms,] Stock Rises 22%,:,[,Bitfarms,] saw a 22% increase in stock value following better-than-expected Q2 earnings, reporting a loss of 7 cents per share compared to the forecasted 11 cents.,Revenue,Decline and Halving Impact,:,The...
Bitcoin Surges Back to $62K, Forming a 'Massive Bull Hammer' on the Price Chart
August 09, 2024 11:50 AM AEST| By Team Kalkine MediaHeadlines:,[,Bitcoin] Surpasses $62,000,:,[Bitcoin],has,crossed $62,000 for the first time since August 3, marking a significant rebound from its recent drop below $50,000, known as "Crypto Black Monday.",Bullish,Pattern Identified,:,Traders point to...
What’s driving the BNB price higher today?
August 09, 2024 11:41 AM AEST| By Team Kalkine Media[BNB], the native token of the [BNB Chain], surged 6% on August 8, pushing past the $500 resistance level to reach $514. Despite this gain, [BNB] remains down 9% for the week, following a significant correction earlier in August due to waning investo...
Palantir PLTR Rises 11% Following New AI Deal with U.S. Defense and Intelligence Agencies
August 09, 2024 11:34 AM AEST| By Team Kalkine MediaHeadlines:,Palantir Technologies (,NYSE:PLTR,) shares jumped 11% following the announcement of a partnership with Microsoft (,NASDAQ:MSFT,),to provide AI services to U.S.,defense,and intelligence agencies.,The partnership will see Palantir (,NYSE:PLT...
CRH Increases Guidance, Launches Buyback Following Strong Half-Year Results
August 08, 2024 09:32 PM AEST| By Team Kalkine MediaCRH PLC (LSE: CRH) has reported notable financial results for the first half of 2024. The Dublin-based building materials supplier achieved a 19% increase in pretax profit, reaching $1.83 billion, compared to $1.54 billion in the same period the prev...
Derwent London Adjusts Rental Guidance Upwards as Income Grows
August 08, 2024 08:36 PM AEST| By Team Kalkine MediaDerwent London (LSE: DLN) has adjusted its rental guidance upwards due to an acceleration in rental growth and a more stable investment environment. The FTSE 250 office specialist reported a 1.5% increase in gross rental income for the first half of...
Savills Sees Revenue and Profit Uplift as Property Market Begins to Recover
August 08, 2024 08:23 PM AEST| By Team Kalkine MediaSavills (LSE: SVS), a prominent estate agency firm listed on the FTSE 250, has announced a 5% increase in revenues, reaching £1.06 billion for the first six months of 2024. This growth is attributed to initial signs of market recovery following a per...
Picton Property Income Limited Completes Share Purchase for Employee Benefit Trust
August 08, 2024 08:12 PM AEST| By Team Kalkine MediaOn August 7, 2024, Picton Property Income Limited (LSE: PCTN) was informed by Intertrust Employee Benefit Trustee Limited, the trustee of its Employee Benefit Trust (the "Trust"), that it had acquired 275,000 ordinary shares at an average price of 74...
Centrica Initiates £200 Million Share Buyback Program
August 08, 2024 07:48 PM AEST| By Team Kalkine MediaCentrica PLC (LSE: CNA), the Windsor-based energy provider, has launched a new £200 million share buyback initiative, set to commence on Thursday and conclude by the end of February. This move follows the company's recent half-year results announceme...
How Bitcoin’s Recent Movement Indicate a Market Rebound?
August 08, 2024 05:36 PM AEST| By Team Kalkine MediaBitcoin’s price action is nearing a critical technical indicator known as the “death cross,” yet historical data provides a more nuanced perspective on its potential implications. Despite the looming crossover of the 50-day simple moving average (SMA...
Jubilee Initiates Operations at Roan Upgrade Facility
August 08, 2024 05:15 PM AEST| By Team Kalkine MediaJubilee Metals Group PLC (LSE: JLP), a diversified metals producer operating in South Africa and Zambia, has announced the start of operations at the Roan Upgrade project in Zambia. The newly constructed front-end section of the Roan facility has now...
Glencore Reverses Coal Demerger Decision, Focuses on Transition Metals
August 08, 2024 05:12 PM AEST| By Team Kalkine MediaGlencore PLC (LSE: GLEN) has decided not to proceed with its plan to spin off its coal business, reversing an earlier strategy that was aimed at addressing environmental, social, and governance (ESG) concerns. This decision follows discussions with s...
Savannah Energy’s Petronas Acquisition Deal Ends
August 08, 2024 05:03 PM AEST| By Team Kalkine MediaSavannah Energy’s Petronas Acquisition Deal Ends,Savannah Energy PLC (LSE: SAVE), an energy company with a focus on projects in Africa, has announced the termination of its planned acquisition of Petronas's oil and gas business in South Sudan. Despit...
Why a Dip to $40,000s is Essential in Bitcoin?
August 08, 2024 04:58 PM AEST| By Team Kalkine MediaA crypto analyst proposes that Bitcoin enthusiasts should wait for the asset’s price to fall into the low $40,000 range before making their next investment. This strategy aims to secure the best possible entry point for the anticipated next bull run....
Dogwifhat Outpaces Memecoins and Bitcoin with 13% Gains
August 08, 2024 04:57 PM AEST| By Team Kalkine MediaDogwifhat (WIF), a memecoin project on the Solana blockchain, has experienced a notable rebound, significantly outperforming both major cryptocurrencies and other,memecoin,. On August 6, WIF's price surged by 13%, reaching a peak of $1.77. This rebou...
Bitcoin Sees Massive Accumulation as Price Dips Below $50K
August 08, 2024 04:34 PM AEST| By Team Kalkine MediaBitcoin whale transactions have surged to their highest levels since April during a significant market downturn on August 5 and 6, according to recent on-chain data. The analysis from Sentiment reveals that wallets holding between 10 and 1,000,Bitcoi...
BlackRock’s Ethereum ETF Sets Records with Nearly $900M Inflows
August 08, 2024 04:33 PM AEST| By Team Kalkine MediaThe launch of BlackRock’s iShares Ethereum Trust (ETHA) has demonstrated remarkable success, amassing nearly $900 million in total inflows within just 11 trading days. This rapid accumulation underscores the growing investor interest in,Ethereum,and...
Jump Trading Again Dumps $29M Worth of Ether
August 08, 2024 04:32 PM AEST| By Team Kalkine MediaEthereum's price dynamics are showing signs of potential stabilization as significant market makers, notably Jump Trading, reduce their selling activities. This shift might suggest that the,cryptocurrency,is approaching a bottom, indicating a possibl...
