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Cryptocurrency
Bitcoin Shows Signs of Recovery with a Bounce Toward $57,000 Price
August 07, 2024 06:26 PM AEST| By Team Kalkine MediaBitcoin's price has recently rebounded toward the $57,000 level, leading traders to suggest it represents the “best buying opportunity” after a significant decline earlier in August. The,cryptocurrency,had faced a challenging start to the month, with its ...
Bitcoin Dips to $49K Amid Global Economic Shifts
August 07, 2024 06:25 PM AEST| By Team Kalkine MediaBitcoin recently experienced a sharp decline to around $49,000, largely influenced by recent market upheavals.,Bitcoin,’s downturn followed significant policy changes by the Bank of Japan and a notable absence of action from the Federal Reserve, which con...
Bitcoin Holders Accumulated $23B After Market Downturn
August 07, 2024 06:24 PM AEST| By Team Kalkine MediaRecent on-chain activity reveals that Bitcoin whales have significantly increased their holdings over the past month, accumulating nearly $23 billion worth of,Bitcoin,amid a market slump. This notable accumulation underscores a shift in investor behavior ...
Why Marathon Digital Boosts their Bitcoin Holdings to $1.1B?
August 07, 2024 06:23 PM AEST| By Team Kalkine MediaMarathon Digital Holdings, recognized as the world’s largest Bitcoin miner, has recently amplified its Bitcoin reserves, adopting a "full HODL" approach to asset management. As of August 6, Marathon’s,Bitcoin,holdings have surged to a remarkable 20,818 BT...
Bitcoin Short-Term Holders Suffer $850M Hit in this Downturn
August 07, 2024 06:22 PM AEST| By Team Kalkine MediaBitcoin experienced a dramatic drop to around $49,500 on August 5, amidst a broader market panic that saw Asian stock markets unwind months of gains. This severe price movement highlighted a stark contrast in behavior between short-term and long-term,Bitc...
Bitcoin Volumes Surge to Record High Amid Market Chaos
August 07, 2024 06:13 PM AEST| By Team Kalkine MediaThe recent market turmoil has led to unprecedented levels of Bitcoin trading volume, as investors and hackers alike reacted to the plummeting prices of major cryptocurrencies. On August 5, a significant sell-off in,Bitcoin,, Ether, and,Solana,led to a dra...
SOL/ETH Ratio Reaches All-Time High Amid Market Turmoil
August 07, 2024 06:11 PM AEST| By Team Kalkine MediaThe SOL/ETH ratio, a metric measuring the value of one Solana token relative to one Ether token, has reached a new all-time high following a significant market-wide sell-off earlier this week. This rise in the ratio comes amid a broader market downturn th...
Will Ethereum Experience a Rally in the Coming Months?
August 07, 2024 06:10 PM AEST| By Team Kalkine MediaEther, Ethereum’s native token, has recently experienced a notable rebound after hitting an eight-month low on August 5.,Ethereum,’s,recovery bears a striking resemblance to a previous fractal pattern observed in October 2023, which preceded a substantial...
What’s Fueling Solana’s 31% Rise Despite Recent Market Drop?
August 07, 2024 06:08 PM AEST| By Team Kalkine MediaSolana's price has shown a notable recovery following a severe market downturn caused by US recession concerns and turmoil in the Japanese financial markets. As of August 6,,Solana,(SOL) has bounced back to just over $144, marking a significant 31% increa...
Memecoins Take Hardest Hit After $510B Crypto Market Crash
August 07, 2024 06:07 PM AEST| By Team Kalkine MediaThe recent $510 billion sell-off in the cryptocurrency market has led to significant losses across numerous assets, with memecoins such as,PEPE,and WIF experiencing some of the most severe declines. This downturn has highlighted the volatility of these as...
Will Bank of Japan’s Rate Hike Drive More Decline in Bitcoin?
August 07, 2024 06:06 PM AEST| By Team Kalkine MediaBitcoin's price fell to approximately $49,000 amidst a significant market upheaval triggered by recent macroeconomic events. The sharp decline in,Bitcoin,'s value followed the Bank of Japan’s unexpected interest rate hike and the Federal Reserve’s inactio...
What’s Going Wrong with Binance Tokens?
August 07, 2024 06:04 PM AEST| By Team Kalkine MediaThe cryptocurrency sector has seen substantial losses in token values recently, with the airdrop model for token distributions coming under scrutiny. This model, which has gained popularity in recent years, appears to be a contributing factor to the curre...
What's the Reason Behind Bitcoin and Crypto ETFs Massive Outflows?
August 07, 2024 05:15 PM AEST| By Team Kalkine MediaThe cryptocurrency market experienced a dramatic shift in investor sentiment on August 5, as the,Crypto,Fear & Greed Index dropped to 17, marking its lowest point since July 12, 2022. This sharp decline reflects a broader sense of "Extreme Fear" among mar...
Binance Sees $1.2B Inflows, Marks Year's Biggest Trading Day
August 07, 2024 05:14 PM AEST| By Team Kalkine MediaFollowing the market crash on August 5, cryptocurrency exchanges have seen notable increases in net asset inflows, reflecting strong investor response to the sudden downturn in prices. The data reveals substantial movements across major platforms, highlig...
Lloyd’s of London-Backed Insurance Policies Now Payable in Crypto via Ethereum
August 07, 2024 11:40 AM AEST| By Team Kalkine MediaHighlights:,Crypto,Payment for Insurance,:,Evertas,and,Nayms,have introduced on-chain insurance policies backed by Lloyd’s of London, allowing payments directly in cryptocurrency on the Ethereum blockchain.,Blockchain,Integration,:,The initiative streamli...
Following WazirX Hack, India's CoinDCX Launches $6M Investor Protection Fund
August 07, 2024 11:33 AM AEST| By Team Kalkine MediaHighlights:,CoinDCX,Launches $6M Crypto Investor Protection Fund to Cover Security Breaches,Move Follows $230M Hack at Rival Exchange,WazirX,, Aims to Safeguard Users,CoinDCX,Introduces Investor Protection Fund Following,WazirX,Hack,Sumit Gupta, co-founde...
Will Crypto Market’s Current Situation Cause More Big Losses?
August 06, 2024 07:25 PM AEST| By Team Kalkine Mediafinancial markets faced an unprecedented downturn, erasing $2.9 trillion from stock valuations and leading to the most dramatic trading day since the COVID-19 crash in 2020. This severe decline in traditional markets swiftly spread to cryptocurrencies, ca...
Will Ethereum's Recovery from 8-Month Low Take Longer Than Expected?
August 06, 2024 07:00 PM AEST| By Team Kalkine MediaEther’s recent decline to just above $2,100 on August 5, marking an eight-month low, reflects a complex interplay of market forces. The cryptocurrency’s drop from $3,016 on August 3 to a low of $2,116 was precipitated by multiple factors, including large-...
Market Sees Over $1 Billion Wiped Out Amid Major Decline
August 06, 2024 06:55 PM AEST| By Team Kalkine MediaThe cryptocurrency market faced a dramatic upheaval recently, resulting in significant losses for traders across major digital assets, including,Bitcoin,, Ether, and Solana. This turmoil led to over $1 billion in liquidations, with nearly 300,000 traders ...
What’s Ahead for the Crypto Market After Bitcoin’s Crash?
August 06, 2024 06:40 PM AEST| By Team Kalkine MediaBitcoin experienced a sharp 19% decline on August 5, plummeting to $49,320, its lowest price in nearly six months. This dramatic drop has significantly impacted the,Bitcoin,futures premium, a key indicator of derivatives traders' sentiment. The futures pr...
