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Cryptocurrency
Three Factors That Could Propel Bitcoin to $68K in September
August 23, 2024 04:37 PM AEST| By Team Kalkine MediaBitcoin's recent technical setup and on-chain data suggest the possibility of a short-term recovery. Following a significant low on August 5, Bitcoin’s price has rebounded by over 22%. Analysts are observing technical and on-chain indicators that could si...
PIP Labs Raises $80M for Story Protocol, Valuation Reaches $2.25B
August 23, 2024 04:36 PM AEST| By Team Kalkine MediaPIP Labs, a startup based in Palo Alto, has secured $80 million in a Series B funding round, co-led by a16z Crypto and,Polychain,Capital. This funding is designated for advancing Story Protocol, a layer-1 blockchain aimed at managing intellectual property...
Grayscale Introduces Interest Fund for AVAX Token
August 23, 2024 04:35 PM AEST| By Team Kalkine MediaGrayscale Investments has introduced a new fund focused on Avalanche’s native token, AVAX, as of August 22. The newly launched Grayscale Avalanche Trust provides an avenue for exposure to Avalanche, a prominent layer-1 blockchain platform known for its em...
Bitcoin Exchange Inflows Decline Sharply in August
August 23, 2024 04:35 PM AEST| By Team Kalkine MediaBitcoin exchange inflows provide insight into potential selling pressure within the market, with high inflows often signaling increased selling pressure, while lower inflows suggest reduced selling activity.,Recent data shows a notable decline in Bitcoin ...
Former TON Foundation Executives Launch New Community Initiative
August 23, 2024 12:00 AM AEST| By Team Kalkine MediaThe TON Society, a new organization spun off from the TON Foundation, has been established to enhance decentralization within The Open Network (TON). The society will oversee the management of events and community channels associated with TON, aiming to f...
$24M CryptoPunk Sale Sparks Debate on NFT Market Trends
August 23, 2024 12:00 AM AEST| By Team Kalkine MediaAndreas Brekken, CEO of SideShift.ai, has expressed a pessimistic outlook on the NFT market, suggesting that CryptoPunk #5822 was sold at a loss and forecasting decline in NFT values. This sentiment reflects a broader trend of decreasing valuations within...
Franklin Templeton Expands Blockchain Fund to Avalanche Network
August 23, 2024 12:00 AM AEST| By Team Kalkine MediaFranklin Templeton, a leading global asset management firm, has broadened its digital finance offerings by expanding its Franklin OnChain US Government Money Fund to the Avalanche network. This move marks the launch of what is described as the first block...
Bitcoin Primed for Short Squeeze as Bulls Challenge $62K Price Barrier
August 22, 2024 09:45 PM AEST| By Team Kalkine MediaBitcoin (BTC) recently experienced significant volatility, with price action on August 22 highlighting key resistance and support levels. The cryptocurrency’s price fluctuated between $59,500 and $61,000, driven by recent U.S. employment data revisions an...
Bitcoin Volatility Increases Above ATH Levels as Price Revisits
August 22, 2024 09:43 PM AEST| By Team Kalkine MediaBitcoin's volatility has surged beyond the levels observed on the day of its all-time high in March, which may indicate a potential end to its extended consolidation phase. This heightened volatility is seen as a possible precursor to a significant price ...
Bitcoin Volatility Increases Above ATH Levels as Price Revisits
August 22, 2024 09:37 PM AEST| By Team Kalkine MediaBitcoin's volatility has surged beyond the levels observed on the day of its all-time high in March, which may indicate a potential end to its extended consolidation phase. This heightened volatility is seen as a possible precursor to a significant price ...
McDonald’s Instagram Hackers Generate $700K Through Grimace Memecoin
August 22, 2024 09:35 PM AEST| By Team Kalkine MediaThe official McDonald’s Instagram account was compromised by scammers who used the platform to promote a fraudulent memecoin themed around the fast food chain’s mascot, Grimace. The incident resulted in the theft of over $700,000 in Solana.,The attack unf...
Two Key Bitcoin Metrics Indicate Sustained Bull Cycle No Bubble Evident
August 22, 2024 09:33 PM AEST| By Team Kalkine MediaBitcoin’s current price metrics suggest that it is not overvalued and its price movement remains steady, with no significant anomalies or sharp fluctuations, according to recent analysis.,CryptoQuant researcher Axel Adler examined two key metrics in an Au...
Polychain Leads $6.7M Funding Round for Bitcoin-Centric Yield Network Corn
August 22, 2024 09:30 PM AEST| By Team Kalkine MediaCorn aims to leverage Bitcoin's substantial liquidity to enhance decentralized finance (DeFi) applications with a new Ethereum layer-2 (L2) network. Polychain Capital has backed this initiative with a $6.7-million investment in Corn, a platform that integ...
Bitcoin Technical Indicators Strengthen To Lead the Short Squeeze
August 22, 2024 09:22 PM AEST| By Team Kalkine MediaThe official McDonald’s Instagram account was compromised by scammers who used the platform to promote a fraudulent memecoin themed around the fast food chain’s mascot, Grimace. The incident resulted in the theft of over $700,000 in Solana.,The attack unf...
Bitcoin Whales Increase Holdings by Only 1% Monthly
August 22, 2024 09:20 PM AEST| By Team Kalkine MediaRecent data indicates that large-volume Bitcoin holders, commonly referred to as whales, have significantly reduced their rate of accumulation since the peak in March when Bitcoin reached its all-time high. Onchain analytics firm CryptoQuant highlights in...
Reasons for Ethereum's (ETH) Price Decline
August 22, 2024 06:05 PM AEST| By Team Kalkine Media{Ethereum},(ETH),has exhibited limited price movement over the past week, trading within a narrow range of approximately $128. As of August 20, Ethereum's price dropped by 3.75%, settling around $2,617. This decline followed significant market activity, i...
Bitcoin Price Outlook Ahead of the US Election
August 22, 2024 06:02 PM AEST| By Team Kalkine MediaBitcoin appears poised for a potential record high as it approaches the U.S. presidential election in November, supported by both on-chain and technical signals.,After dipping to a six-month low of around $49,500 during a global market downturn on August ...
Bitcoin Open Interest Rises After Fed's Dovish Minutes
August 22, 2024 05:56 PM AEST| By Team Kalkine MediaFederal Reserve's July meeting minutes, Bitcoin futures open interest (OI) surged, highlighting increased market activity and mixed sentiment among traders.,Bitcoin futures OI reached $31.92 billion, marking a notable rise of $1.26 billion within just 12 ...
CryptoPunk NFT Quietly Amid Fading Market Interest
August 22, 2024 05:54 PM AEST| By Team Kalkine MediaThe CryptoPunks NFT collection recently saw its most valuable piece, CryptoPunk #5822, transferred to a new address, although the sale price was not disclosed. This particular NFT, an alien punk adorned with a bandana, was originally purchased by Deepak T...
Market Update Prices: BTC, ETH, BNB, SOL, XRP
August 22, 2024 05:53 PM AEST| By Team Kalkine MediaBitcoin is currently struggling to maintain levels above $60,000, but this has not deterred activity in spot Bitcoin exchange-traded funds. Data from Farside Investors indicates only two days of outflows. suggesting that the current price level is seen as...
