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Crypto Futures Face $840M in Liquidations as Bitcoin Plummets and Ether Sees Largest Drop Since 2021
August 04, 2024 06:53 AM PDT| By Team Kalkine MediaHighlights:,The market sell-off led to over $840 million in liquidations for crypto-tracked futures in the past 24 hours, with (Ether) (ETH) futures alone accounting for $304 million.,More than 200,000 traders faced liquidations, including the larges...
Three REITs Set to Shine This Earnings Season
August 02, 2024 12:00 AM PDT| By Team Kalkine MediaHeadlines,Simon Property Group, Apple Hospitality REIT, and Armada Hoffler Properties are expected to outperform this earnings season.,Falling interest rates and high dividend yields boost sentiment for REITs.,Positive trends in retail, residential,...
Chatham Lodging (CLDT) Surpasses Q2 Expectations for FFO and Revenue
August 02, 2024 12:00 AM PDT| By Team Kalkine MediaHeadlines,Chatham Lodging exceeded Q2 expectations with funds from operations (FFO) of $0.39 per share, outperforming the forecast of $0.36 per share.,The company reported quarterly revenues of $86.48 million, surpassing the anticipated $85.5 million...
Bitcoin Price Falls to $62K Support, but Derivatives Metrics Suggest Bullish Signs
August 01, 2024 10:50 PM PDT| By Team Kalkine MediaBitcoin’s price has recently experienced a correction, dropping 5.5% between July 31 and August 1, reaching a low of $62,498. This decline marks the,cryptocurrency,’s lowest level in over two weeks. The price movement is attributed to reduced expecta...
How Long Will Bitcoin’s Price Consolidation Continue?
August 01, 2024 10:49 PM PDT| By Team Kalkine MediaBitcoin’s price has experienced a prolonged period of consolidation since the halving event on April 20, 2024. The,cryptocurrency,has been trading within a range of $58,000 to $72,000. Despite the current price stagnation, analysts suggest that a sig...
Ethereum’s Strong $2,860 Support May Lead to a $4,500 Target
August 01, 2024 10:43 PM PDT| By Team Kalkine MediaEthereum has demonstrated notable resilience, maintaining a support level of $2,860 that has been tested multiple times since early July. According to insights from Deribit, the recent approval of,Ethereum,exchange-traded funds (ETFs) is poised to pr...
Is Crypto Ready for Its Next Phase?
August 01, 2024 10:40 PM PDT| By Team Kalkine MediaThe recent launch of spot Bitcoin and Ether exchange-traded funds (ETFs) in the United States has generated significant interest, but crypto has yet to break out beyond its core investor base. The approximately $60 billion invested in these funds thi...
Why Is Solana (SOL) Price Sinking?
August 01, 2024 10:36 PM PDT| By Team Kalkine MediaWhy Is Solana (SOL) Price Sinking?,Solana’s price has experienced a significant decline, dropping 8% within a 24-hour period and currently hovering around the critical support level of $165. This sharp movement has triggered a liquidation of over $40...
Will Bitcoin Price Rise After Bank of England Rate Cut?
August 01, 2024 10:35 PM PDT| By Team Kalkine MediaIn a notable shift from prolonged monetary tightening, the Bank of England (BoE) recently announced its first interest rate cut in over four years. The 0.25% reduction, bringing the current rate to 5%, represents the end of a period marked by elevate...
Bitcoin Hits 2-Week Lows Despite 100% Odds of Fed Rate Cut
August 01, 2024 10:32 PM PDT| By Team Kalkine MediaBitcoin's price remained subdued following the Federal Open Market Committee (FOMC) meeting, with lingering concerns over liquidity and market sentiment continuing to dominate the,cryptocurrency,landscape. Despite the Federal Reserve's dovish stance...
Marathon Digital Shares Dropped 8% Following Disappointing Q2 Results
August 01, 2024 10:31 PM PDT| By Team Kalkine MediaMarathon Digital Holdings Inc., a prominent player in the Bitcoin mining sector, has once again fallen short of Wall Street’s earnings expectations for the second quarter of 2024. The company’s stock experienced an 8% decline focllowing the release o...
Coinbase Shares Q2 Results Up 3% as Crypto Trading Doubles Year-Over-Year
August 01, 2024 10:26 PM PDT| By Team Kalkine MediaCoinbase Shares Q2 Results Up 3% as Crypto Trading Doubles Year-Over-Year,Coinbase has announced its third consecutive profitable quarter, showcasing impressive financial performance for Q2 2024. The company's latest results highlight a robust increa...
Bitcoin Liquidations Reach $300M as BTC Slips to $62K
August 01, 2024 10:25 PM PDT| By Team Kalkine MediaOn August 1, Bitcoin experienced a dramatic price drop, shedding over $1,600 in just 60 minutes amidst a surge of market volatility. The sudden plunge saw,Bitcoin,’s value plummet from $64,000 to $62,800, causing significant turmoil among leveraged l...
NASDAQ Stocks Making the Biggest Moves After Hours: AAPL, AMZN, INTC, SNAP, and More
August 01, 2024 05:25 PM PDT| By Team Kalkine MediaIn after-hours trading, several major companies have made headlines with significant movements in their stock prices. Apple (NASDAQ:AAPL) saw a modest rise after exceeding earnings expectations, while Intel (NASDAQ:INTC) experienced a steep decline d...
Notable After-Hours Movers—Meta Platforms, Qualcomm, Arm Holdings, and More
July 31, 2024 09:05 PM PDT| By Team Kalkine MediaHighlights:,·,Meta Platforms (NASDAQ: META),and,Qualcomm (NASDAQ: QCOM),saw significant gains after reporting strong earnings and positive forecasts, with Meta rising over 4% and Qualcomm up nearly 6%.,·,Arm Holdings (NASDAQ: ARM),and,Teladoc Health...
Trump's Bitcoin Sneakers Now Selling for $2,500 on eBay
July 31, 2024 07:00 AM PDT| By Team Kalkine MediaDonald Trump's recently released limited edition Bitcoin-themed sneakers are now being resold on eBay for up to $2,500. Listings for the orange-colored high-tops, the,Bitcoin,-themed sneakers were launched on July 31, have appeared on the platform, w...
Bitcoin Miner Riot Platforms Reports Huge Q2 Loss
July 31, 2024 07:00 AM PDT| By Team Kalkine MediaRiot Platforms, a prominent player in the Bitcoin mining industry, reported its first quarterly loss since Q4 2022, reflecting the ongoing impact of the April halving event. The company disclosed a Q2 net loss of $84.4 million, or $0.32 per share, si...
Bitcoin Might Make a Big Move as Bollinger Bands Tighten
July 31, 2024 07:00 AM PDT| By Team Kalkine MediaA crucial Bitcoin trading indicator has reached its "tightest point" in 12 months, suggesting that a significant price movement may be on the horizon. This indicator, known as Bollinger Bands, measures the volatility and momentum of an asset within a...
Sygnum Bank Predicts Ethereum ETFs Could Hit $10B AUM in First Year
July 31, 2024 07:00 AM PDT| By Team Kalkine MediaThe burgeoning market for Ether exchange-traded funds (ETFs) is poised for notable expansion, with projections suggesting that these financial products could accumulate up to $10 billion in assets under management (AUM) within their inaugural year of...
What’s Keeping Bitcoin’s Price from Rising?
July 31, 2024 07:00 AM PDT| By Team Kalkine MediaBitcoin’s price has been experiencing a prolonged period of fluctuation within a narrow range, oscillating between $65,300 and $68,400 for nearly ten days. This consolidation phase has persisted as the,cryptocurrency,struggles to break through the 20...
