This Month
ASX retreats, US-China tensions sizzle; Brickworks surges 27pc
Shares retreat, steel tariffs boost BlueScope; Opthea’s director exodus; Soul Patts, Brickworks to merge; oil up 2pc; iron ore hits one-month low. Follow live.
Investors bet on bitcoin over gold in Trump’s trade war
A massive $87.3 million flowed into Australia bitcoin ETFs last month, almost 60 times what was spent on gold-backed funds.
May
Kidnappings, severed finger: Violent crime sweeps crypto industry
A new trend of physical violence around the world is targeting the industry as the largely unregulated currency surges in value.
Ex-Blockchain Global director sought over $20m debt
ASIC accused Liang “Allan” Guo of failing in his director duties during his eight-year stint at the collapsed company.
Another suspect arrested in bitcoin kidnapping and torture case
The man, who has connections to Switzerland and Miami, has been identified as William Duplessie, 33. He had spent days negotiating his surrender with police.
ASX hangs in the balance; $A hits six-month high; WiseTech rallies
Shares close unchanged; $A tops US65¢; Citi tips $US3500 for gold again; WiseTech’s biggest acquisition; Origin warns of earnings hit. Follow live.
Executives head for the door at unicorn crypto start-up Immutable
Two senior executives on Friday announced their departure from the heavily funded tech company, which has shed a third of its staff in the past nine months.
What’s with all the crypto bros eating pizza?
The first use of bitcoin to buy a real-world object happened 15 years ago this week. The deal has not aged well.
Bitcoin hits record $US111,000 amid ‘stupendous’ buying
Crypto exchanges are reporting huge volumes as investors start to see the original cryptocurrency as an alternative to gold amid growing concerns about America.
ASX retreats as market looks to RBA; MinRes tumbles 9pc
Shares, US futures edge lower; RBA rate call in focus; miners a sea of red; New Hope trims guidance; MinRes gets new chair; gold bounces. Follow live.
This court case could make your bitcoin profits tax-free
The judgment, made public for the first time here, could open the door to millions in capital gains tax refunds.
Trump will have ‘a massive capitulation’ on China tariffs: Scaramucci
Wall Street investor and former Trump loyalist Anthony Scaramucci says the US faces further credit ratings downgrades as its budget crisis rolls on.
ASX rises; China-US reach trade deal for 90 days
ASX inches up before Washington and Beijing agree to lower tariffs for 90 days; US futures jump on trade deal; iron ore, oil stocks rally; billionaire’s son in fight for Ainsworth; pharma stocks plunge; $91b fund dumps MinRes.
Investors ramp up crypto spree as bitcoin nears record high
Australians have been consistent buyers of bitcoin ETFs throughout this year in a move that is gaining momentum as traders eye $US200,000.
Two sides of the Trump coin: Crypto dealer and policymaker
World Liberty Financial has eviscerated the boundary between private enterprise and US government policy in ways unprecedented in modern American history.
The next financial services minister must be a crypto advocate
The next government can either help the next generation of financial infrastructure or consign us to the role of passive consumer in a system built by others.
The stage of life Australians can’t afford to ignore
Kate Carnell says federal funds for end-of-life planning would reduce costly hospitalisations and prevent unnecessary suffering.
Millions of Australians are invested in Trump (but they don’t know it)
Millions of retirement savers now own a small portion of the US president’s business empire through one of the country’s biggest superannuation funds.
April
Bitcoin emerges from bear market as traders eye $US125,000
The cryptocurrency is starting to trade more like gold rather than riskier assets such as stocks, enhancing its appeal in times of financial stress, analysts say.
CBA customer wanted to buy $30k in bitcoin. The bank wouldn’t let him
Listen to recordings of Andrew Broadbent’s calls with CBA, which refused to let him make a transfer to buy $30,000 in bitcoin.