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ETH ETFs Launch in Weak Market could Create Pressure on Bitcoin
July 26, 2024 05:08 PM AEST| By Team Kalkine MediaThe recent launch of spot Ethereum exchange-traded funds (ETFs) has stirred significant discussion in the cryptocurrency world. Charles Edwards, founder of Capriole Investments, has raised concerns about the timing and potential impact of these new f...
This Bitcoin’s Bull Run Could Lead to its Major Comeback
July 26, 2024 05:05 PM AEST| By Team Kalkine MediaAs the political climate heats up in the lead-up to the November election, cryptocurrency enthusiasts and businesses are closely watching the developments surrounding former President Donald Trump. While Trump's past comments on,cryptocurrency,and,Bi...
Direct Client Demand Have Boosted Growth in BlackRock Bitcoin ETF
July 26, 2024 05:04 PM AEST| By Team Kalkine MediaThe rise of Bitcoin exchange-traded funds (ETFs) has marked a significant shift in the financial landscape, driven largely by client demand and institutional interest. Robert Mitchnick, BlackRock's head of digital assets, highlighted these trends at...
Here’s What Happening in Crypto Today
July 26, 2024 05:02 PM AEST| By Team Kalkine MediaIn today’s crypto news, significant developments include a U.S. Senator withdrawing support from a controversial anti-crypto bill, substantial cryptocurrency donations to Donald Trump’s re-election campaign, and notable reactions in the market follow...
What are Crypto Airdrops?
July 25, 2024 09:37 PM AEST| By Team Kalkine MediaFor those new to the world of cryptocurrency, the concept of crypto airdrops can be intriguing yet confusing.,Crypto,airdrops refer to the process where creators of a cryptocurrency distribute their tokens to holders of an existing blockchain currenc...
Microsoft Outage Disrupts London Stock Exchange, Joining Banks and Airlines in Service Failures
July 25, 2024 09:35 PM AEST| By Team Kalkine MediaOn Thursday, the,London Stock Exchange,Group (LSEG) experienced a significant outage on its Workspace news and data platform, causing widespread disruptions for users around the world. This technical issue led to a 0.74% decline in LSEG's share valu...
Kering Shares Plunge After First-Half Revenue Drop, Second-Half Income Warning
July 25, 2024 09:31 PM AEST| By Team Kalkine MediaHighlights,Kering Shares Drop 7.2% After Reporting 11% Decline in First-Half Revenues,Gucci Owner Warns of 30% Decline in Second-Half Operating Income Amid Slowing Market,Kering's Recurring Operating Income Falls 42% in H1, Impacted by Weak China and...
London Stocks Drop as Wall Street Weakness Weighs on Market
July 25, 2024 09:02 PM AEST| By Team Kalkine MediaHighlights:,Tesla and Alphabet Results Trigger Wall Street Selloff, Weigh on London Stocks,FTSE 100 Down 0.8% as Centrica, Lloyds, and AstraZeneca Report Profit Declines,Unilever and British American Tobacco Buck Trend with Positive Earnings Reports,...
Bitcoin Price Dips: Could This Be the Beginning of a New Downtrend?
July 24, 2024 01:39 PM AEST| By Team Kalkine MediaBitcoin Price Struggles Below $68,500 Resistance: Potential for Further Decline Below $65,500 Support,Bitcoin,has encountered resistance at the $68,500 level, initiating a correction phase. It is now trading below $66,500 and the 100-hourly simple mo...
US Regulators Greenlight Ether ETF in Major Crypto Milestone
July 24, 2024 10:46 AM AEST| By Team Kalkine MediaUS Regulators Approve First Ether,ETFs,,Marking Major Crypto Milestone,US regulators have approved the first,exchange-traded funds,(ETFs) that invest directly in ether, the world's second-largest cryptocurrency, providing a significant boost to the $...
South32 (LSE: S32) sees improvement in cash flow in Q4FY24 on higher commodity prices
July 24, 2024 05:53 AM AEST| By Team KalkineHighlights,S32's H1 FY24 revenue dropped 15.2% due to lower metal prices and production volumes,Despite challenges, S32 achieved a 1.7% net margin, a significant improvement from H2 FY23,Free cash flow from operations was negative at USD 477mn, impac...
SEC Continues Battle with Ethereum and Consensys
July 23, 2024 09:21 PM AEST| By Team Kalkine MediaRecent developments surrounding the Securities and Exchange Commission (SEC) have stirred up significant debate and concern within the,cryptocurrency,community, contrary to some initial perceptions of easing hostility.,Persistent Regulatory Challenge...
Trump Signals Potential Support for Tech and Crypto Innovation
July 23, 2024 09:08 PM AEST| By Team Kalkine MediaFormer President Donald Trump's recent remarks at the Republican National Convention (RNC) have sparked interest within the tech and,cryptocurrency,communities, hinting at a possible shift towards embracing innovation in these sectors.,Crypto and Blo...
NPC Labs Raises $21 Million to Revolutionize GameFi Development on Base
July 23, 2024 09:06 PM AEST| By Team Kalkine MediaNPC Labs, a GameFi infrastructure startup founded by former Coinbase employees, has secured $21 million in funding to accelerate the development of gaming projects on Base, Coinbase’s,Ethereum,layer-2 network.,Key Investors and Funding Details,The fu...
Bitcoin Trader Warns of Price Peak After $530M ETF Inflows
July 23, 2024 09:05 PM AEST| By Team Kalkine MediaIn the dynamic world of cryptocurrency markets, Bitcoin (,BTC,) finds itself at a critical juncture, with recent institutional interest potentially setting the stage for a spate of profit-taking and price volatility.,Recently, popular trader Skew iss...
US Bitcoin ETFs Set New Record with $17 Billion in Inflows
July 23, 2024 09:02 PM AEST| By Team Kalkine MediaIn a watershed moment for the,cryptocurrency market,, US Bitcoin spot exchange-traded funds (ETFs) have collectively amassed over $17 billion in net inflows, marking a significant milestone in institutional adoption.,Record-Breaking Inflows,According...
Cryptocurrency Market Reacts Swiftly to Biden's Election Withdrawal
July 23, 2024 07:46 PM AEST| By Team Kalkine MediaThe cryptocurrency market experienced a flurry of activity and significant volatility following United States President Joe Biden's unexpected withdrawal from the 2024 presidential election race. Within a brief 30-minute window on July 21, nearly $67...
What Is Causing Bitcoin's Price Volatility Today?
July 23, 2024 07:33 PM AEST| By Team Kalkine MediaBitcoin (BTC) is experiencing significant price fluctuations, recently dropping to an intra-day low of $66,569. This decline comes amidst several key factors influencing the market, including a strengthening U.S. dollar, political uncertainties surro...
What Is Causing Bitcoin's Price Volatility Today?
July 23, 2024 07:33 PM AEST| By Team Kalkine MediaBitcoin (BTC) is experiencing significant price fluctuations, recently dropping to an intra-day low of $66,569. This decline comes amidst several key factors influencing the market, including a strengthening U.S. dollar, political uncertainties surro...
BlackRock Bitcoin ETF Experiences Largest Inflow Day Since March, Totaling $523M
July 23, 2024 07:31 PM AEST| By Team Kalkine MediaBlackRock’s spot Bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust (IBIT), experienced its largest inflow in over four months on July 22, with over $523 million entering the fund. The ETF acquired 7,759 BTC, boosting its total assets unde...
