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Bitcoin’s Volatility Index Reaches Highest Level in 20 Months
August 08, 2024 04:31 PM AEST| By Team Kalkine MediaBitcoin’s volatility index has surged to its highest level in 20 months, signaling increased uncertainty in the,cryptocurrency,market. As Bitcoin’s price recently fell below $50,000, the Volmex Implied Volatility Index hit a peak of 97.14, reflecting...
Will Bitcoin’s Price Bounce Back to its 59K Price Range?
August 08, 2024 03:29 PM AEST| By Team Kalkine MediaBitcoin’s current price performance presents a significant challenge for bulls as the,cryptocurrency,attempts to rebound from recent lows. With the BTC price having recently touched a six-month low of $49,500, the crucial test for Bitcoin now lies in...
Tornado Cash Sanctions Reveal Ethereum's Resistance Weakness
August 08, 2024 03:29 PM AEST| By Team Kalkine MediaThe Federal Reserve Bank of New York has released a comprehensive report examining the impact of sanctions imposed on Tornado Cash, a,cryptocurrency,mixer blacklisted by the US Treasury Department in 2022. The report sheds light on the effectiveness...
What’s Behind the $2B ETH Move from Plus Token Wallets?
August 08, 2024 03:27 PM AEST| By Team Kalkine MediaAfter a period exceeding three years without activity, cryptocurrency wallets associated with the notorious Plus Token Ponzi scheme have begun transferring substantial amounts of,Ethereum,(ETH). The recent movement of approximately $2 billion in ETH...
Ethena Labs Debuts USDe Stablecoin on Solana Blockchain
August 08, 2024 03:27 PM AEST| By Team Kalkine MediaThe stablecoin USDe has officially launched on the Solana network, marking a significant expansion from its previous availability only on,Ethereum,. The announcement, made on August 7 by Ethena Labs, highlights the integration of USDe with several pr...
Exploring Factors that Could Drive Solana’s Price to $200
August 08, 2024 02:32 PM AEST| By Team Kalkine MediaSolana’s price might experience a significant rally, potentially reaching $200 if the cryptocurrency can convert the $148 level into a robust support base, according to recent technical analysis. The digital asset has been exhibiting strong performan...
How ETF Outflows and Market Uncertainty can Push Bitcoin's Below $57K?
August 08, 2024 02:31 PM AEST| By Team Kalkine MediaBitcoin's price has struggled to maintain levels above $57,000, even after a notable 5.5% increase on August 6. Despite positive momentum in traditional financial markets, such as a 2.2% rise in the Euronext 100 index and a 2.8% surge in oil prices,,...
Will Bitcoin Fall Below $50K Amid Tech Stock Turmoil?
August 08, 2024 02:29 PM AEST| By Team Kalkine MediaBitcoin could encounter increased downward pressure if major technology stocks in the United States continue their decline. The "Magnificent Seven," a term for leading,US tech stocks,such as Nvidia and Microsoft, has experienced significant market va...
Ripple Fined $125 Million for Improper Sale of XRP Tokens
August 08, 2024 01:25 PM AEST| By Team Kalkine MediaHighlights,$,125 Million Penalty,:,Ripple Labs has been ordered to pay approximately $125 million to the SEC for improperly selling [XRP] tokens, significantly less than the $2 billion initially sought by the SEC.,Case,Background,:,The SEC's lawsuit,...
Michael Saylor Unveils MicroStrategy’s Bitcoin Acquisition Strategy
August 08, 2024 12:09 PM AEST| By Team Kalkine MediaHighlights:,No,Bad Time to Buy Bitcoin,:,Michael Saylor, Executive,Chairman,of MicroStrategy,,stated,that,there’s,never a wrong time to invest in Bitcoin, emphasizing their strategy to buy whenever they have cash or can raise funds.,MicroStrategy's,H...
Ripple-SEC Case Concludes: XRP Declared NOT a Security!
August 08, 2024 10:44 AM AEST| By Team Kalkine MediaHighlghts:,Ripple,Labs Settlement,:,Ripple Labs has settled its legal battle with the SEC, agreeing to a $125 million penalty for selling XRP tokens without proper registration. This is a fraction of the $2 billion initially sought by the SEC.,XRP,Pr...
Target Healthcare REIT (ASX:THRL) reduces net loan-to-value ratio in June quarter as NAV rises
August 08, 2024 06:18 AM AEST| By Team KalkineHighlights,THRL’s current ratio of 1.02x and debt-equity ratio of 0.38x in 1HFY24 exceeded industry medians.,Revenue remained stable at GBP 34.05 million with a minimal change of 0.1%.,THRL will pay a quarterly dividend of 1.428 pence per share on 30...
Zephyr Energy's Major Growth from Paradox Project and Helium Ventures
August 07, 2024 11:46 PM AEST| By Team Kalkine MediaZephyr Energy PLC,,,operating in the,Oil & Gas sector,, is making notable strides in its transformation, particularly through its Paradox project in Utah. The company’s recent developments highlight a significant shift in its operational scale and fu...
Leading Stock Gainers in the UK Market
August 07, 2024 11:07 PM AEST| By Team Kalkine MediaRecent trading sessions on the UK market have highlighted several stocks with remarkable gains, reflecting strong performance and growing market interest. ADVFN PLC (AFN) has emerged as a leader in this upward trend, experiencing a significant rise i...
NWF Group Faces Rising Concerns Amid Performance Issues
August 07, 2024 06:30 PM AEST| By Team Kalkine MediaNWF Group has faced challenges recently, raising concerns for shareholders regarding the company's financial performance and operational stability within the,energy sector,. Recent reports highlight a decline in key financial metrics, signaling poten...
Bitcoin Shows Signs of Recovery with a Bounce Toward $57,000 Price
August 07, 2024 06:26 PM AEST| By Team Kalkine MediaBitcoin's price has recently rebounded toward the $57,000 level, leading traders to suggest it represents the “best buying opportunity” after a significant decline earlier in August. The,cryptocurrency,had faced a challenging start to the month, with...
Bitcoin Dips to $49K Amid Global Economic Shifts
August 07, 2024 06:25 PM AEST| By Team Kalkine MediaBitcoin recently experienced a sharp decline to around $49,000, largely influenced by recent market upheavals.,Bitcoin,’s downturn followed significant policy changes by the Bank of Japan and a notable absence of action from the Federal Reserve, whic...
Bitcoin Holders Accumulated $23B After Market Downturn
August 07, 2024 06:24 PM AEST| By Team Kalkine MediaRecent on-chain activity reveals that Bitcoin whales have significantly increased their holdings over the past month, accumulating nearly $23 billion worth of,Bitcoin,amid a market slump. This notable accumulation underscores a shift in investor beha...
Why Marathon Digital Boosts their Bitcoin Holdings to $1.1B?
August 07, 2024 06:23 PM AEST| By Team Kalkine MediaMarathon Digital Holdings, recognized as the world’s largest Bitcoin miner, has recently amplified its Bitcoin reserves, adopting a "full HODL" approach to asset management. As of August 6, Marathon’s,Bitcoin,holdings have surged to a remarkable 20,8...
Bitcoin Short-Term Holders Suffer $850M Hit in this Downturn
August 07, 2024 06:22 PM AEST| By Team Kalkine MediaBitcoin experienced a dramatic drop to around $49,500 on August 5, amidst a broader market panic that saw Asian stock markets unwind months of gains. This severe price movement highlighted a stark contrast in behavior between short-term and long-term...
