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Bitcoin Volumes Surge to Record High Amid Market Chaos
August 07, 2024 06:13 PM AEST| By Team Kalkine MediaThe recent market turmoil has led to unprecedented levels of Bitcoin trading volume, as investors and hackers alike reacted to the plummeting prices of major cryptocurrencies. On August 5, a significant sell-off in,Bitcoin,, Ether, and,Solana,led to...
SOL/ETH Ratio Reaches All-Time High Amid Market Turmoil
August 07, 2024 06:11 PM AEST| By Team Kalkine MediaThe SOL/ETH ratio, a metric measuring the value of one Solana token relative to one Ether token, has reached a new all-time high following a significant market-wide sell-off earlier this week. This rise in the ratio comes amid a broader market downtu...
Will Ethereum Experience a Rally in the Coming Months?
August 07, 2024 06:10 PM AEST| By Team Kalkine MediaEther, Ethereum’s native token, has recently experienced a notable rebound after hitting an eight-month low on August 5.,Ethereum,’s,recovery bears a striking resemblance to a previous fractal pattern observed in October 2023, which preceded a substa...
What’s Fueling Solana’s 31% Rise Despite Recent Market Drop?
August 07, 2024 06:08 PM AEST| By Team Kalkine MediaSolana's price has shown a notable recovery following a severe market downturn caused by US recession concerns and turmoil in the Japanese financial markets. As of August 6,,Solana,(SOL) has bounced back to just over $144, marking a significant 31% i...
Memecoins Take Hardest Hit After $510B Crypto Market Crash
August 07, 2024 06:07 PM AEST| By Team Kalkine MediaThe recent $510 billion sell-off in the cryptocurrency market has led to significant losses across numerous assets, with memecoins such as,PEPE,and WIF experiencing some of the most severe declines. This downturn has highlighted the volatility of the...
Will Bank of Japan’s Rate Hike Drive More Decline in Bitcoin?
August 07, 2024 06:06 PM AEST| By Team Kalkine MediaBitcoin's price fell to approximately $49,000 amidst a significant market upheaval triggered by recent macroeconomic events. The sharp decline in,Bitcoin,'s value followed the Bank of Japan’s unexpected interest rate hike and the Federal Reserve’s in...
What’s Going Wrong with Binance Tokens?
August 07, 2024 06:04 PM AEST| By Team Kalkine MediaThe cryptocurrency sector has seen substantial losses in token values recently, with the airdrop model for token distributions coming under scrutiny. This model, which has gained popularity in recent years, appears to be a contributing factor to the...
What's the Reason Behind Bitcoin and Crypto ETFs Massive Outflows?
August 07, 2024 05:15 PM AEST| By Team Kalkine MediaThe cryptocurrency market experienced a dramatic shift in investor sentiment on August 5, as the,Crypto,Fear & Greed Index dropped to 17, marking its lowest point since July 12, 2022. This sharp decline reflects a broader sense of "Extreme Fear" amon...
Binance Sees $1.2B Inflows, Marks Year's Biggest Trading Day
August 07, 2024 05:14 PM AEST| By Team Kalkine MediaFollowing the market crash on August 5, cryptocurrency exchanges have seen notable increases in net asset inflows, reflecting strong investor response to the sudden downturn in prices. The data reveals substantial movements across major platforms, hi...
Lloyd’s of London-Backed Insurance Policies Now Payable in Crypto via Ethereum
August 07, 2024 11:40 AM AEST| By Team Kalkine MediaHighlights:,Crypto,Payment for Insurance,:,Evertas,and,Nayms,have introduced on-chain insurance policies backed by Lloyd’s of London, allowing payments directly in cryptocurrency on the Ethereum blockchain.,Blockchain,Integration,:,The initiative str...
Following WazirX Hack, India's CoinDCX Launches $6M Investor Protection Fund
August 07, 2024 11:33 AM AEST| By Team Kalkine MediaHighlights:,CoinDCX,Launches $6M Crypto Investor Protection Fund to Cover Security Breaches,Move Follows $230M Hack at Rival Exchange,WazirX,, Aims to Safeguard Users,CoinDCX,Introduces Investor Protection Fund Following,WazirX,Hack,Sumit Gupta, co-f...
Endeavour Mining (LSE: EDV) Reaffirms FY24 Production Target of 1,130-1,270koz Amid Higher Output from Its Operation
August 07, 2024 05:23 AM AEST| By Team KalkineHighlights,EDV’s FY23 revenue rose to USD 2,115 million, up 2.2% from the previous year.,Adjusted EBITDA fell 7.6% due to higher production and administrative costs.,FY24 capital expenditures include USD 125 million sustaining and USD 245 million gro...
Top Gainers in the UK Market: Leading Performers of the Day
August 07, 2024 01:33 AM AEST| By Team Kalkine MediaIn today’s trading session, several stocks on the UK market posted notable gains, highlighting key sectors and investor sentiment. Here’s a look at the top performers:,EnergyPathways PLC (LSE:EPP),EnergyPathways PLC emerged as a leading gainer, with...
Serinus Energy Faces Revenue Stagnation Amid Challenges
August 06, 2024 11:17 PM AEST| By Team Kalkine MediaSerinus Energy PLC has recently released its financial results, which reveal a period of modest financial performance amidst persistent challenges. The,energy stock,highlights key areas of concern and operational focus.,For the fiscal year ending Jun...
Forterra PLC Announces Reduction in Dividend Payment
August 06, 2024 11:04 PM AEST| By Team Kalkine MediaForterra PLC has revealed a substantial cut in its dividend payment, reducing it to £0.01 per share. This change represents a significant departure from the company's previous dividend payouts and highlights adjustments in its financial strategy amid...
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International Workplace Group Reports Profit and Reinstates Interim Dividend
August 06, 2024 10:24 PM AEST| By Team Kalkine MediaInternational Workplace Group PLC (LSE: IWG), based in Zug, Switzerland, has announced a return to profitability and the reinstatement of its interim dividend for the first time in five years. For the first half of 2024, the company reported a pretax...
Breaking: Glencore to Pay $150 Million Fine After Investigation
August 06, 2024 10:10 PM AEST| By Team Kalkine MediaGlencore PLC a Prominent Player of,Mining Sector,listed in FTSE 100 has been ordered by the Attorney General of Switzerland to pay $150 million in compensation claims, along with a two million Swiss franc (£1.8 million) fine. This order follows a cri...
Mosman Increased Interest in Vecta Helium Project
August 06, 2024 09:50 PM AEST| By Team Kalkine MediaMosman Oil and Gas Ltd., a prominent player of,Energy sector,announced an expansion of its stake in the Vecta helium project in the USA, reflecting a strategic move to enhance its helium exploration portfolio. This development follows the company's r...
Record Earnings for Zotefoams as Footwear Demand Drives Revenue
August 06, 2024 08:33 PM AEST| By Team Kalkine MediaOn August 6, 2024, Zotefoams PLC (LSE: ZTF) announced a notable increase in pretax profit for the first half of the fiscal year. The company achieved a 12% rise in pretax profit, reaching a record £8.3 million, compared to £7.4 million during the sam...
Faron Pharmaceuticals to Expand Bexmarilimab Development Under New CMO
August 06, 2024 08:25 PM AEST| By Team Kalkine MediaOn August 6, 2024, Faron Pharmaceuticals Ltd. (LSE: FARN), a clinical-stage biopharmaceutical firm focused on innovative cancer therapies, announced the appointment of Dr. Petri Bono as its new Chief Medical Officer (CMO). Dr. Bono will officially be...
