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News
Amazon (NASDAQ: AMZN) Q3 Guidance: Mixed Results and Market Reaction
August 05, 2024 06:42 PM PDT| By Team Kalkine MediaHighlights:,Guidance,and Market Reaction:,Amazon (NASDAQ: AMZN) has,provided,third-quarter guidance of $154.0 billion to $158.5 billion in revenue and $11.5 billion to $15.0 billion in operating income. This forecast,,impacted,by a,90 basis,point cur...
CrowdStrike (NASDAQ: CRWD) and AMD (NASDAQ: AMD) Shine as Rare S&P 500 Gainers Amid Widespread Declines
August 05, 2024 06:29 PM PDT| By Team Kalkine MediaHeadlines,S&P 500 Decline,:,The S&P 500 Index dropped 3% on Monday, its largest decline since August 2022, amid widespread losses across major indices and sectors.,Sector,Performance,:,All sector ETFs declined, with the Technology Select Sector SPDR...
Global Market Turmoil: Dow Plummets 1,000 Points, S&P 500 Records Worst Day Since 2022
August 05, 2024 04:59 PM PDT| By Team Kalkine MediaHighlights:,Market Sell-Off,:,Concerns about the U.S. economy and a potential recession led to a significant global market sell-off, with the Dow Jones dropping 2.6% and the Nasdaq Composite falling 3.43%.,Tech Stock Declines,:,Major tech stocks expe...
Bitcoin Plunges Below $53K, Destroying $600M in Leveraged longs
August 05, 2024 05:02 AM PDT| By Team Kalkine MediaIn a dramatic turn of events, the cryptocurrency market has experienced a sudden and severe downturn, erasing over $600 million in leveraged long positions. This sharp decline, which saw (,Bitcoin,) and Ether plummet within hours, has triggered wides...
Terreno Realty Acquires Prime D.C. Industrial Property for $7.6 Million
August 05, 2024 12:00 AM PDT| By Team Kalkine MediaHeadlines,Terreno Realty Corporation acquired a $7.6 million industrial property in Washington, D.C.,The 26,000 square foot property is strategically located between existing company buildings.,The site includes loading positions, parking, and a proj...
Bitcoin Plummets Below $55K as Geopolitical Tensions Roil Crypto Market
August 04, 2024 11:55 PM PDT| By Team Kalkine MediaHighlights:,Bitcoin Decline,: (Bitcoin) fell below $60,000 for the first time since July 13, dropping nearly 10% over the weekend to around $54,348.20, influenced by geopolitical tensions and market sell-offs.,High Liquidations,: The crypto market sa...
Bitcoin Plummets to $53K, Ether Dips into Negative Territory for 2024 Amid Market Panic
August 04, 2024 11:29 PM PDT| By Team Kalkine MediaHeadlines:,Crypto Market Selloff:,(Bitcoin) (BTC) and (Ether) (ETH) experienced significant declines, with BTC dropping to February levels and ETH falling to prices not seen since December. Over the past 24 hours, BTC is down 12% and ETH has lost 21%...
Ether Drops 20% Following $46M ETH Transfer by Trading Firm
August 04, 2024 10:45 PM PDT| By Team Kalkine MediaHeadlines:,Ether Price Drop: Ether,(ETH) fell by 20% within 24 hours, reaching a seven-month low of under $2,100 during Monday's Asian trading hours, following large transfers of ETH to centralized exchanges by a major trading firm.,Jump Trading's Mo...
Is Bitcoin Heading Toward a New Price Peak?
August 04, 2024 07:00 AM PDT| By Team Kalkine MediaBitcoin, the leading cryptocurrency, is currently experiencing significant speculation regarding its potential macro price top. Analysts are divided on whether (,Bitcoin,) could reach as high as $120,000 or if the price peak will be more conservative...
5 Bitcoin Insights for this Week
August 04, 2024 07:00 AM PDT| By Team Kalkine MediaIn an unprecedented downturn, Bitcoin has suffered a dramatic $20,000 decline within a week, while,Ethereum,has retreated by nearly 40%. This sharp drop in cryptocurrency values coincides with a sweeping correction across global stock markets, highli...
Bitcoin Targets $58K CME Gap After 8% Price Drop
August 04, 2024 07:00 AM PDT| By Team Kalkine MediaBitcoin's recent descent below $59,000 marks its lowest point since mid-July, reflecting a continuation of intense selling pressure in the market. The cryptocurrency has struggled to maintain upward momentum amid a backdrop of increasing bearish sent...
Will Bitcoin Be Used for $35T National Debt Repayment?
August 04, 2024 07:00 AM PDT| By Team Kalkine MediaFormer President Donald Trump has recently proposed an unconventional approach to address the United States’ burgeoning national debt, suggesting that,(Bitcoin),or a “crypto check” could be utilized to manage the staggering $35 trillion liability. In...
Bitcoin’s Wyckoff Pattern Signals Rebound Despite Market Uncertainty
August 04, 2024 07:00 AM PDT| By Team Kalkine MediaThe current Bitcoin sell-off, driven by escalating recession risks in the United States, casts a shadow over the cryptocurrency’s near-term outlook. Despite (,Bitcoin,)’s recent decline, which has seen it fall below $60,000—a drop of over 4% in the p...
Bitcoin Falls Below $50K as Crypto Market Plunges 17%
August 04, 2024 07:00 AM PDT| By Team Kalkine MediaBitcoin has experienced a significant decline, falling below $50,000 for the first time since February. The cryptocurrency hit a low of $49,351 before a modest rebound toward $51,000. As,Bitcoin,'s dominance soars to 58%, the broader cryptocurrency m...
2 Challenges Facing Solana and Other Altcoin ETFs
August 04, 2024 07:00 AM PDT| By Team Kalkine MediaThe possibility of Solana and Cardano being approved as spot exchange-traded funds (ETFs) in the United States faces significant hurdles, according to Katalin Tischhauser, head of investment research at Sygnum Bank. Tischhauser's comments echo a broa...
Grayscale Ethereum ETF Faces More Than $2B in Outflows
August 04, 2024 07:00 AM PDT| By Team Kalkine MediaA significant shift was observed in the flows of spot Ethereum exchange-traded funds (ETFs), with the Grayscale Ethereum Trust (ETHE) experiencing substantial outflows. This development comes amid broader changes in the ETF landscape, reflecting a co...
Will Ethereum Price Drop Below $2.8K?
August 04, 2024 07:00 AM PDT| By Team Kalkine MediaEthereum (ETH) is currently at a pivotal point that could influence not only its own price trajectory but also impact (Bitcoin) market dynamics. Traders have identified a crucial support level for Ether, and its ability to maintain this level could d...
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Crypto Market Experiences Largest Sell-Off in a Year
August 04, 2024 07:00 AM PDT| By Team Kalkine MediaThe cryptocurrency market has recently endured its most severe three-day sell-off in nearly a year, erasing approximately $510 billion from its total market capitalization since August 2. This dramatic downturn in,cryptocurrency,has been influenced b...
Jump Crypto Moves $315M of ETH to Exchanges
August 04, 2024 07:00 AM PDT| By Team Kalkine MediaJump Crypto, the digital asset division of Jump Trading, has recently stirred significant speculation within the cryptocurrency community due to its substantial transfers of digital assets. This series of transactions, involving hundreds of millions...
Crypto Hackers Buy Ethereum Dip with Illegally Acquired Funds
August 04, 2024 07:00 AM PDT| By Team Kalkine MediaIn a striking development, cryptocurrency hackers have capitalized on the recent market downturn by purchasing 16,892,Ether,(ETH) at a significant discount using stolen funds from the 2022 Nomad bridge hack. This opportunistic move highlights the ong...
