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Cryptocurrency
Why Bitcoin Could Surge Beyond $74K by Year-End?
August 13, 2024 03:35 PM AEST| By Team Kalkine MediaBitcoin’s recent market performance has been characterized by notable shifts, suggesting that the recent correction may be setting the stage for a bullish turnaround. The,cryptocurrency,'s price plummeted by over 25% during the global market rout on Augus...
Superstate Adopts Chainlink for Tokenized Treasury Fund Integration
August 13, 2024 11:01 AM AEST| By Team Kalkine MediaSuperstate, a blockchain-based asset management firm, has announced its integration of [Chainlink] technology as it expands into the burgeoning tokenization market. The firm will utilize [Chainlink]’s Data Feeds to bring net asset value (NAV) data for its...
Coinbase Identifies Issues in SEC's Proposed Definition of Exchanges
August 13, 2024 10:18 AM AEST| By Team Kalkine MediaIn its latest correspondence with the United States Securities and Exchange Commission (SEC), Coinbase has reiterated its stance on the regulatory challenges posed by the SEC's proposed changes to the definitions of a national securities exchange. This le...
Tuesday’s Highlights in the Cryptocurrency Market
August 13, 2024 10:12 AM AEST| By Team Kalkine MediaToday's [crypto] news highlights some significant developments across the industry. Argo Blockchain (ASX:MKG) has successfully repaid a crucial $35 million loan from Galaxy Digital, which was essential for avoiding bankruptcy during the severe [crypto] be...
TeraWulf’s Bitcoin Production Falls 21% in Q2, Eyes AI Expansion
August 13, 2024 12:00 AM AEST| By Team Kalkine MediaBitcoin miner TeraWulf reported mixed results for the second quarter of 2024, surpassing revenue expectations but falling short on earnings. The firm’s report, released on August 2, revealed a 21% decline in the amount of [Bitcoin] mined compared to the p...
What Could Be the Pros and Cons of Bitcoin as a US Reserve Asset?
August 12, 2024 06:51 PM AEST| By Team Kalkine MediaThe concept of Bitcoin becoming a reserve asset for the United States has sparked a significant debate, particularly concerning the centralization risks associated with such a move. While this idea could act as a catalyst for,Bitcoin,’s price, it also int...
Why the Trump-Themed RTR Token Crashed 95%?
August 12, 2024 06:50 PM AEST| By Team Kalkine MediaThe Donald Trump-themed cryptocurrency Restore the Republic (RTR) has experienced a dramatic 95% drop in value following a public denial from Eric Trump regarding any association with the token. The token's rise and subsequent fall highlight the volatile ...
Evaluating Key Factors Behind the Dogecoin Recent Spike
August 12, 2024 06:49 PM AEST| By Team Kalkine MediaDogecoin has demonstrated significant price movement recently, rising alongside other leading,cryptocurrency,and reflecting renewed risk-on sentiment following a global market rout. This surge can be attributed to multiple factors, including strong econom...
What Makes Bitcoin and Ethereum Top Cryptocurrencies?
August 12, 2024 06:48 PM AEST| By Team Kalkine MediaThe recent decline in the cryptocurrency market has been stark and alarming. In a single day, the market experienced a dramatic $367 billion reduction in value.,Bitcoin,fell by 15%, and Ethereum saw a 22% drop. This sharp downturn, marked by both a steep ...
How Solana Stopped a Potential Network Outage?
August 12, 2024 06:47 PM AEST| By Team Kalkine MediaSolana validator Laine announced that a critical security vulnerability within the Solana blockchain had been successfully addressed. The swift action by developers, validators, and client teams was essential to safeguard the network from a potentially se...
Will Bitcoin's $60K Support Ignite Momentum in Altcoin?
August 12, 2024 06:46 PM AEST| By Team Kalkine MediaBitcoin has recently demonstrated a significant recovery from lows below $50,000, suggesting strong buying interest at lower levels. As Bitcoin attempts to establish $60,000 as a support level, this movement could have ripple effects across various altcoi...
Market Turbulence Sparks Huge Crypto Exchange Inflows
August 12, 2024 06:45 PM AEST| By Team Kalkine MediaThis week’s Crypto Biz explores significant developments in the cryptocurrency sector, including Hong Kong’s,crypto,ETF market expansion, Morgan Stanley’s approval for Bitcoin ETFs, Xapo Bank’s entry into the UK market, and Core Scientific’s major deal wi...
Could Bitcoin’s Recent Dip Signal Upcoming Market Turbulence?
August 12, 2024 06:44 PM AEST| By Team Kalkine MediaBitcoin recently experienced a notable dip below $60,000 at the Wall Street open on August 9, amid growing suspicions about potential market manipulation. The,cryptocurrency,'s price, which had climbed to $62,775 on Bitstamp, encountered significant resis...
Could a Break Above $62K in Bitcoin Trigger a Parabolic Rally?
August 12, 2024 06:43 PM AEST| By Team Kalkine MediaBitcoin’s recent price action reveals an ongoing battle with a significant resistance level at $62,000. If,Bitcoin,manages to break through this barrier, it could trigger substantial liquidations of leveraged short positions, potentially exceeding $845 mi...
Analyzing Market Dynamics and Trends for Bitcoin and Major Cryptocurrencies
August 12, 2024 06:42 PM AEST| By Team Kalkine MediaBitcoin’s recent performance reveals a complex landscape for traders, as buyers struggle to build on the sharp recovery seen on August 8. This resistance suggests that bearish forces remain active at higher levels, posing a challenge for,Bitcoin,to mainta...
Will Bitcoin's $60K Support Ignite Momentum in Altcoin?
August 12, 2024 02:54 PM AEST| By Team Kalkine MediaBitcoin has recently demonstrated a significant recovery from lows below $50,000, suggesting strong buying interest at lower levels. As Bitcoin attempts to establish $60,000 as a support level, this movement could have ripple effects across various altcoi...
Analyzing Factors that Could Drive ETH to New Heights?
August 12, 2024 02:53 PM AEST| By Team Kalkine MediaEthereum has shown notable resilience and growth potential, evidenced by a recent 16.2% rally on August 8. Despite struggling to maintain levels above $2,600 on August 9 and facing resistance near $2,700,,Ethereum,remains poised for a possible price rally...
Will Bitcoin Market Turns Upbeat After Recent Price Drop?
August 12, 2024 02:51 PM AEST| By Team Kalkine MediaThe Bitcoin bull-bear market indicator has recently turned bullish once more, reflecting a significant shift in investor sentiment after a period of bearish signals. This transition comes after,Bitcoin,’s price fell below $50,000 for the first time since ...
Will BTC Break Through or Dip Further Below $60K?
August 12, 2024 02:49 PM AEST| By Team Kalkine MediaBitcoin is exhibiting signs of a potential local bottom in 2024, despite recent volatility and market uncertainty. According to recent analysis from CryptoQuant, a leading on-chain analytics platform, key metrics suggest that,Bitcoin,might be poised for u...
Celsius Challenges Tether in $3.5B Bitcoin Collateral Claims
August 12, 2024 02:48 PM AEST| By Team Kalkine MediaCelsius Network, the now-defunct cryptocurrency exchange, has initiated legal action against Tether, alleging the misappropriation of assets and demanding a substantial financial settlement. The lawsuit seeks approximately $3.5 billion in Bitcoin returns,...
