Yesterday
Bitcoin on the edge of erasing year’s gain as rout deepens
Investors pulled nearly $1.4 billion from funds investing in the token on Friday, the second-largest daily withdrawal since their debut.
This Month
Bitcoin faces big test after flash crash as investors flee ETFs
More than $US2 billion has been pulled from US bitcoin ETFs since October 29 as the scars from last month’s collapse deter traders from buying the dip.
Iren’s lacklustre AI revenue belies plans for billion-dollar growth
The Sydney-based, Nasdaq-listed digital infrastructure company says it will add 120,000 chips to power AI processing but faces scepticism from the market.
Bitcoin enters bear market as sentiment hits ‘extreme fear’
Traders remain spooked by the crypto market’s historic liquidation event which has intensified bitcoin’s 20 per cent decline from its record.
Iren’s $15b Microsoft mega-deal sign of an AI surge that won’t stop
Daniel Roberts, a former Macquarie banker who runs the Nasdaq-listed data centres business, says the agreement is only the first of many as demand booms.
October
ASIC clarifies which crypto products need to be licensed
Commissioner Alan Kirkland said the new guidance should provide clarity for companies seeking to innovate around digital assets.
Binance founder Zhao pardoned by Trump in latest crypto clemency
The billionaire served a four-month sentence in 2024 after pleading guilty to not implementing anti-money laundering measures on his digital assets exchange.
Crypto’s ‘catastrophic’ crash comes as Australian bets pass $1b mark
Heavily invested local traders are licking their wounds after the biggest one-day sell-off in digital currencies. But some are already buying the dip.
Winklevoss twins’ Gemini crypto exchange set up in Australia
The billionaire twins portrayed in The Social Network, an Oscar-winning movie about the founding of Facebook, have entered the Australian crypto market.
Bitcoin hits record as ‘Uptober’ rally reaches fever pitch
The seasonal surge in the cryptocurrency is being turbocharged by the US government shutdown, which is fuelling a rotation away from the greenback.
Bitcoin hits fresh record as ‘Uptober’ narrative takes hold
The token topped its previous record set on August 14, supported by the uptick in US equities and renewed inflows to Bitcoin-linked exchange-traded funds.
September
Crypto exchanges to be required to hold financial services licences
Assistant Treasurer Daniel Mulino said the federal government will release draft laws that will require crypto platforms to hold a licence.
Australian brothers $660m richer in a month thanks to AI gold rush
After first chasing riches from bitcoin, Dan and Will Roberts are riding a wave to AI riches at Nasdaq-listed Iren. Shares are soaring as they buy up Nvidia chips.
The spectacular comeback of crypto’s blackmarket king
Ross Ulbricht, who created the Silk Road dark web and was jailed for drug distribution, is on a cross-country speaking tour after Donald Trump pardoned him.
Luxury yachts, private jets. Bitcoin bros are having a moment
High-end private jet and cruise companies, as well as hotel operators, are accepting payments in cryptocurrency to tap into a growing luxury travel market.
August
Bitcoin miner Iren pays $30m to settle lawsuit as share price surges
Sydney-headquartered Iren has settled with a US-based lender who had pursued the company through Australian and Canadian courts.
$1.6b pulled from crypto ETFs as correction looms
After crypto ETFs joined the mainstream, they’ve become a signal of broader sentiment. On Tuesday, that signal was flashing red.
Start-up banks millions to offer bitcoin-backed home loans
Block Earner, a crypto start-up embroiled in a legal battle with the corporate regulator, has clinched a $75 million valuation after a new capital raising.
‘Extreme euphoria’ in crypto catapults ether towards record
Just a few months ago, ethereum was considered a “dead” blockchain. Now it’s cryptocurrency is nearing an all-time high off the back of huge institutional buying.
What Boomers and bitcoin bros have in common
These odd bedfellows are united by a belief in holding assets through market volatility.