Cryptocurrency

Why there are High Chances for Bitcoin to Fall Below $5K?
August 14, 2024 12:00 AM AEST| By Team Kalkine MediaBitcoin's recent performance illustrates a complex market scenario, with signs of seller dominance emerging despite an initial recovery from sub-$50,000 levels. The,cryptocurrency,'s bounce back to approximately $60,000 last week, after a significant drop...

Will the ETF Effect Lead to Fluctuations in Bitcoin Prices?
August 14, 2024 12:00 AM AEST| By Team Kalkine MediaBitcoin's price volatility has increasingly shifted to weekends, a phenomenon attributed to the growing impact of spot,Bitcoin,exchange-traded funds (ETFs) and changes in trading behavior. Recent findings from Kaiko Research highlight a significant trend:...

Evaluating the Reason Behind Solana $84M Dump
August 14, 2024 12:00 AM AEST| By Team Kalkine MediaA prominent Solana whale has adopted a dollar-cost averaging (DCA) approach in managing their holdings, gradually liquidating tokens over time rather than executing a single large sale. This strategy has seen the whale transfer nearly $84 million worth of...

What $154M in Ethereum Deposits Could Mean for its Price
August 14, 2024 12:00 AM AEST| By Team Kalkine MediaEthereum is currently navigating a turbulent third quarter, with significant movements by an ICO whale and ongoing trends affecting its market performance. The,cryptocurrency,'s recent price action reflects a challenging environment marked by substantial ...

Analyzing Key Aspects Behind ETHE $31M Outflow
August 14, 2024 12:00 AM AEST| By Team Kalkine MediaThe volatility in cryptocurrency investments remains evident as recent developments with the Grayscale Ethereum Trust (ETHE) exchange-traded fund (ETF) underscore the rapidly evolving market. The ETF has reported a significant single-day net outflow of $3...

3AC Liquidators File $1.3B Claim Against Terraform Labs
August 14, 2024 12:00 AM AEST| By Team Kalkine MediaThe liquidators of the defunct cryptocurrency hedge fund Three Arrows Capital (3AC) are pursuing damages from Terraform Labs in connection with the losses sustained after the collapse of the Terra ecosystem in May 2022.,On August 9, the liquidators filed ...

What’s Behind Bitcoin’s Unpredictable Moves this Week?
August 13, 2024 05:41 PM AEST| By Team Kalkine MediaBitcoin continues to exhibit erratic behavior as August progresses, marked by significant volatility and a recent dip below the $60,000 mark. The,cryptocurrency,’s price action has been notably unpredictable, with a recent recovery from six-month lows fol...

Will Bitcoin Maintain its Market Value Amidst Economic Downturns?
August 13, 2024 05:40 PM AEST| By Team Kalkine MediaBitcoin's status as a hedge against traditional financial markets is being scrutinized as economic conditions evolve. Recent discussions featuring Roundtable anchor Rob Nelson, David Gokhshtein, Founder and Executive Chairman of Gokhshtein Media, and Jon ...

Is the Resurgence of Bitcoin's Volatility a Cause for Concern?
August 13, 2024 05:39 PM AEST| By Team Kalkine MediaAs Bitcoin's price continues to experience significant swings, the discussion surrounding its role in market dynamics and governmental reserves is intensifying. Roundtable anchor Rob Nelson and John Divine, Head of OTC Trading at BlockFills, offer valuabl...

Why Ethereum Median Gas Price Reaches All-Time Low?
August 13, 2024 05:38 PM AEST| By Team Kalkine MediaEthereum transaction fees have reached a new low, with the median price for sending a transaction falling to 1.9 gwei, marking a significant drop from earlier in the year. This decrease is attributed to increased activity on layer-2 networks and a recent ...

Ether ETFs Sees Positive Net Inflows Despite Price Decline
August 13, 2024 05:37 PM AEST| By Team Kalkine MediaSpot Ether exchange-traded funds (ETFs) in the United States have seen their first week of positive net inflows since their introduction on July 23. This development comes amid a significant price drop for [,Ethereum,], showcasing the resilience and growi...

Bitcoin Plunges as Institutions Pause Stablecoin Acquisition
August 13, 2024 04:55 PM AEST| By Team Kalkine MediaRecent shifts in institutional stablecoin accumulation have significantly influenced Bitcoin’s price movements. Over the past two days, a notable halt in the accumulation of stablecoins by large investors has contributed to a decline in,Bitcoin,’s value, ...

Why Ether Needs to Hit $2.7K for Its Next Surge?
August 13, 2024 04:54 PM AEST| By Team Kalkine MediaA prominent entity with substantial Ether holdings has recently added 5,000 ETH, valued at over $12.8 million, to its portfolio. This acquisition reflects ongoing confidence despite,Ethereum,'s struggle to break through a key psychological resistance leve...

Will Bitcoin Drop to $55K Before a Strong Upsurge?
August 13, 2024 04:53 PM AEST| By Team Kalkine MediaBitcoin has recently encountered a significant challenge as its price fell below a crucial trend line, sparking discussions about a potential correction and,cryptocurrency,'s path forward. On August 12, Bitcoin's price dipped under the $63,000 mark, a key...

Understanding the Drop in Bitcoin Miners’ Daily Earnings
August 13, 2024 04:52 PM AEST| By Team Kalkine MediaBitcoin miners have faced a challenging period as daily revenue dropped to a new yearly low of $2.54 million on August 11. This decline highlights the ongoing struggles within the,Bitcoin,mining sector, which had been bracing for financial strain followin...

Marathon Digital is All Set for $250M Bitcoin Acquisition
August 13, 2024 04:50 PM AEST| By Team Kalkine MediaMarathon Digital Holdings has embarked on a significant financial maneuver, unveiling a $250 million offering of convertible senior notes due in 2031. This strategic move is directed towards “qualified institutional buyers” and represents a key component ...

Are Crypto ETFs Expanding with New Assets and Indexes?
August 13, 2024 03:38 PM AEST| By Team Kalkine MediaThe pace at which cryptocurrency exchange-traded funds (ETFs) have been adopted in the United States has exceeded even the expectations of industry leaders such as Grayscale Investments. The expanding market for,crypto,ETFs is set to include new types of ...

Why Ethereum ETPs Surpassing Bitcoin Amid Strong Market Recovery?
August 13, 2024 03:37 PM AEST| By Team Kalkine MediaEthereum exchange-traded products (ETPs) have emerged as the leading choice for institutional investors following a market correction on August 5. According to CoinShares’ weekly Digital Asset Fund Flows report, Ethereum funds attracted significant inflow...

Is Bitcoin Set for Massive Surge After Recent Market Correction?
August 13, 2024 03:36 PM AEST| By Team Kalkine MediaBitcoin’s price might be on the brink of a substantial upward move, potentially leading to new record highs if a bullish chart pattern known as a descending broadening triangle is validated. Recent analysis from crypto trader Post Trader Tardigrade highli...

Could Economic Risks Drive Bitcoin to Fall to $52K?
August 13, 2024 03:36 PM AEST| By Team Kalkine MediaRecent volatility in Bitcoin’s price and evolving macroeconomic conditions suggest potential challenges ahead for,cryptocurrency,. On August 12, Bitcoin experienced a notable spike in volatility, with its price dropping 3.2% to $57,844 before recovering 5...