This Month
Investors take profits on two of last year’s hottest trades
The heavy sell-down in bitcoin has dragged the cryptocurrency into a bear market, and gold tumbled after hitting a record. Here’s why.
Hackers steal more than $2b from crypto exchange Bybit
The hack of one of Bybit’s offline Ethereum wallets is the biggest theft ever experienced in the industry, according to blockchain analytics firm Elliptic.
Cash may be gone in 10 years: RBA’s Bullock
Governor Michele Bullock says cash may only be around for 10 years. But unlike Donald Trump, she sees no role for bitcoin in central banking or payments.
This bitcoin stock has soared 4000pc thanks to Trump
One hotelier’s pivot to stockpiling the cryptocurrency is delivering eye-watering returns for shareholders in Japan.
January
Coalition channels Trump and says it will be a ‘friend’ of crypto
Luke Howarth, the Coalition’s financial services spokesman, said Labor’s failure to legislate rules had left ASIC calling the shots in the industry.
Trump makes everyone a winner on bitcoin
The launch of $Trump is a clear signal that the president is serious about leaning into American exceptionalism and driving that innovation on cryptocurrencies.
Ethereum gets a Wall Street sales boost after token lags bitcoin
Ethererum was once a serious contender to challenge bitcoin’s status, but it has struggled to keep up with the Trump-fuelled crypto rally.
The Australian investors who hit the jackpot in 2024
Triple-digit returns abounded for cryptocurrency strategies, but one stock picking veteran managed to outpace the bitcoin bros and take the crown.
Trump blesses meme coins for second coming as his wealth soars by $90b
The launch of an official Donald Trump token this week has made some traders very wealthy. The rally was stalled only by Melania Trump – who announced her own.
Donald Trump’s $113b crypto grift is a dark omen
The value of the president-elect’s “official” crypto coin has gone to $US70 billion since its launch on Friday night. No one should be celebrating its success.
Trump’s crypto meme coin hits $19b after just 3 days
The tokens, which legal disclosures say are not intended to be an “investment opportunity, investment contract, or security of any type”, traded as high as $US75.35.
‘No choice but crypto’: China’s graduates flee jobs crisis
Young educated Chinese, faced with few opportunities in a shrinking market at home, are relocating across Asia to trade cryptocurrencies full-time.
NFTs flounder despite crypto resurgence
2024 was the worst year for the non-fungible token market since 2020. Sales fell almost 20 per cent, despite a cryptocurrency rebound.
Crypto hedge funds had a great 2024, but failed to beat bitcoin
Hedge fund gains were paltry when compared with the advance notched by bitcoin, which surged 120 per cent to above $US100,000 for the first time.
Sydney entrepreneurs build $35m crypto-backed loan book
Deep in the private credit universe, some lenders have warmed to the idea of accepting cryptocurrencies bitcoin and ethereum as collateral for personal and business loans.
ASX closes higher as oil prices power energy rally; CBA lifts 1pc
Shares closed higher on Friday as energy stocks rallied for a second day, while gold miners also lifted the index. Commonwealth Bank closed 1 per cent higher.
December 2024
ASIC’s attempts to clarify crypto rules confuses digital exchanges
Independent Reserve, BTC Markets and Kraken say new guidance and industry calls have not provided any clarity about whether they will need to obtain licences.
Aussie bitcoin maverick avoids jail time. If he keeps his head down
A UK court gave Craig Wright, who has claimed he invented bitcoin, a one-year jail term for contempt. But his sentence was suspended for two years.
This Australian bitcoin maverick faces jail. But he’s gone AWOL
A UK court ruled Craig Wright was not cryptocurrency inventor Satoshi Nakamoto and told him to stop suing people. He now faces a contempt charge.
As meme coins and bitcoin surge, NFTs have been left behind
While bitcoin has surged to fresh highs in the Trump crypto rally, the price recovery of Bored Apes and other NFT art collections has been much less pronounced.