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Crypto Exchange Coinbase Takes Direct Listing Route For Public Debut
January 29, 2021 10:40 PM AEDT| By Kunal SawhneyCryptocurrency exchange Coinbase Inc is planning to go public via the traditional direct listing route, it revealed in a blog post on Thursday, January 28. The US-based company has already submitted a draft registration form with the U.S. Securitie.....
Dogecoin Soars By 240%: What’s Behind This All-Time High Rally?
January 29, 2021 02:52 AM AEDT| By Kunal SawhneyThe dog-symbol crypto-coin, dogecoin, shot up by over 240 per cent in less than 24 hours after a popular but unverified twitter handle posted about the meme-crypto. At the time of writing this, DOGE was trading at its all-time high of US$ 0.024926 .....
Gung-ho about crypto? Here are 5 tips on how to trade Bitcoin
January 26, 2021 02:15 AM AEDT| By Kunal SawhneySince Bitcoin kicked off its rally from US$11,000 all the way to US$42000, it has been on the radar of many traders and investors. On top of that, seeing big funds and billionaire investors getting their hands on Bitcoin might give the retail trade.....
Is it time for Australian traditional financial institutions to embrace cryptocurrencies?
January 23, 2021 02:05 AM AEDT| By Team Kalkine MediaIn Australia, cryptocurrency adoption is rising as more and more people are getting aware of the trending virtual currency. According to a recent survey carried by Independent Reserve, and the Australian crypto exchange, 18.4 per cent of Australian.....
Volatile Bitcoin Plunges 11%, Ethereum Reclaims US$-1200 Mark
January 23, 2021 01:51 AM AEDT| By Hina ChowdharyBitcoin continued displaying volatility, dipping by 10.8 per cent on Friday morning. The virtual token plunged to US$ 28,845.31, after opening at US$ 32340.44*. The fall came over increased regulation concerns on cryptocurrencies. This also reflec.....
Bitcoin A Currency Reserve? Ex-Canadian PM Stephen Harper Says Yes
January 18, 2021 10:44 PM AEDT| By Kunal SawhneyCan bitcoin, the world’s largest cryptocurrency, become a reserve currency? While many analysts are concerned over the crypto’s volatile nature, former Canadian Prime Minister Stephen Harper claims it is certainly a possibility. While ad...
What happens if one loses a Bitcoin key?
January 14, 2021 04:07 AM AEDT| By Edita Ivancevichis mass wealth. Recovering a password on most social media channels, streaming services, forums, emails, and so on, is relatively simple. Firstly, one needs to report a forgotten password, usually by clicking “Forgotten Password?”....
Why has the UK Top Regulator issued Warning to Crypto Investors?
January 12, 2021 02:31 PM AEDT| By Kunal SawhneyThe United Kingdom Financial Conduct Authority (FCA) has delivered a major blow to the crypto investors, stating that the investors in such products should be ready to lose it all. Be Prepared to Lose All Your Money! In an official warning, the FCA...
Bitcoin drops by US$10,000 from the top; is momentum fading?
January 12, 2021 09:08 AM AEDT| By Hina ChowdharyThe entire cryptocurrency space had seen a sea of red numbers on 11 January 2021 as the forerunner spooked the markets with a massive fall of more than 18 per cent. This is the worst fall for Bitcoin since March 2020 when it fell by almost 37 per c.....
Crypto Market Crashes As Bitcoin Tumbles Over 20%, Ethereum Down 25%
January 12, 2021 02:18 AM AEDT| By Kunal SawhneyAfter hitting US$ 1 trillion in market value, the crypto market plunged over 20 per cent during early trading hours of Monday, January 11. Bitcoin slumped below the US$ 33,000-mark a day after it hit its life-time high of approximately US$ 42,000 per...
Crypto Warning: FCA Highlights Risks of Investments Focussing on High Returns
January 11, 2021 10:06 PM AEDT| By Team Kalkine MediaCapital market regulator Financial Conduct Authority (FCA) warned on Monday, 11 January, about the potential risks of investing in crypto assets promising high returns. As the cryptocurrency environment being unregulated so far, it is quite hard to.....
Cryptocurrency Market Cap Crosses $1 Trillion As Bitcoin Soars Above $40,000
January 08, 2021 09:31 PM AEDT| By Kunal SawhneyBlockchain-based cryptocurrencies are rallying on Wall Street as investors display confidence over Bitcoin as a sustainable asset. The world’s most prominent cryptocurrency soared over a record US$ 40,000 on Thursday, doubling in valu.....
Euphoria in Bitcoin continues as it surged past US$40,000
January 08, 2021 08:23 AM AEDT| By Team Kalkine MediaThe euphoric rally in Bitcoin continues to make new all-time highs with every passing day. On 7 January 2021, Bitcoin surged past an unbelievable US$40,000 mark after rallying by more than US$3,000. It’s been hardly a week into 2021 and Bitco.....
UK’s Crypto Derivatives Ban Effective Now: 10 Key Things to Know
January 08, 2021 01:43 AM AEDT| By Team Kalkine MediaUnited Kingdom’s Cryptocurrency derivatives ban to the retail customers has come into effect from 6 January Now any organisation offering such services to retail customers should be considered as a scam The UK capital market regulator F...
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Bitcoin Hits Another Milestone, Crosses US$35,000-Mark
January 06, 2021 07:06 PM AEDT| By Team Kalkine MediaBitcoin has yet again set a new price record, breaching the US$ 35,000-mark on January 6, 2021. After crossing US$ 34,000 on January 3, the crypto giant tumbled approximately 17 per cent on January 4, displaying volatility. It was highest single day...
JP Morgan bets on Bitcoin’s win over Gold, predicts $146,000 level for Bitcoin
January 06, 2021 12:49 PM AEDT| By Hina ChowdharyBitcoin’s Gigantic rally which picked up steam during the last quarter of 2020 and ultimately surpassed its historic $20,000 mark, is now catching Wall Street's attention. The investment banking giant, JP Morgan Chase & Co (NYSE: JPM) has.....
Bitcoin, Ethereum, Dogecoin & Ripple: How Are Cryptocurrencies Faring?
January 04, 2021 10:55 PM AEDT| By Hina ChowdharyCryptocurrencies are rallying worldwide, led by the unprecedented surge in Bitcoin, which outperformed all asset classes in 2020. The largest cryptocurrency breached US$ 34,000-mark on January 3, jumping by 7.8 per cent within 24 hours. Meanwhile, t...
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Bitcoin Hits New Record High, Sails Past USD 30,000
January 04, 2021 02:20 PM AEDT| By Hina ChowdharyBitcoin has started the year 2021 with quite a show after prices of the digital currency climbed the price ladder swiftly to surpass the level of USD 30,000 and establish a record high of USD 34,253.0 on Bitfinex (as on 3 January 2021). Image Sour...
What All To Expect From Cryptocurrencies In 2021?
January 03, 2021 12:40 AM AEDT| By Team Kalkine MediaIn yet another milestone, Bitcoin breached US$ 29,000-mark on the second-last day of 2020. The cryptocurrency’s price has soared four times this year. Currently, just a fraction of investors and millennials know about some of the famous crypto...
Bitcoin in 2020 - A Year of Low Interest Rate, Quantitative Easing, And Economic Drop-Off
January 02, 2021 12:41 AM AEDT| By Kunal SawhneyBitcoin has been the top performing asset of the year 2020 with its blistering price run being primarily supported by large institutional purchases. It has delivered a superior price return of more than 230 per cent on a YTD basis, outperforming all...