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Cryptocurrency
Crypto Trading Volumes Reach $4.94 Trillion After Market Decline
August 09, 2024 02:38 PM AEST| By Team Kalkine MediaIn a notable shift, global trading volumes on centralized cryptocurrency exchanges saw a significant increase in July, reaching $4.94 trillion. This represents a 19% rise, marking the first upward trend in trading volumes in four months. Both spot and der...
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 returns fo...
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 Rippl...
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 compa...
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 a bu...
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 investor int...
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:PLTR,) i...
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) fal...
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.,Opti...
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 rebound fo...
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,Bitcoin,rap...
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 highl...
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 possible tur...
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 heig...
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 achi...
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 of th...
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 has r...
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 promine...
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 performance, p...
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,,Bitco...
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