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Cryptocurrencies

March

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Bitcoin relief rally at risk of ‘bull trap’ as uncertainty weighs

The world’s largest cryptocurrency climbed to a two-week high on Monday, but a lack of momentum and low volumes has some pundits concerned.

Local shares are on track to open up.

ASX lifts as banks rally; MinRes up 7pc as Onslow haulage resumes

Shares higher; UBS neutral on Fortescue; Opthea drug trial spurs crisis talks; MinRes resumes Onslow haulage; James Hardie, Helia drop; gold holds near record.

Labor MP Andrew Charlton has been advocating for policy addressing digital assets.

Labor reveals its plan to regulate crypto

Crypto exchanges will have to meet the same basic governance requirements as banks under a long-delayed policy to regulate the local sector.

 Jason Titman became Swyftx’s executive chairman and CEO in June last year.

Aussie crypto exchange Swyftx buys NZ rival

Swyftx has acquired its smaller New Zealand rival Easy Crypto as the company rebuilds after a tumultuous few years.

Immutable said it has accrued more than $54 million in revenue for the 2024 financial year.

Late Immutable accounts a glimpse into crypto game developer’s health

The Australian developer behind popular online video games Gods Unchained and Guild of Guardians said revenues had jumped after a near $80 million loss in 2023.

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Zhao is still Binance’s controlling shareholder, with a net worth of $US36.9 billion, according to the Bloomberg Billionaires Index.

Trump crypto venture has talked to Binance about doing business

While Binance founder Changpeng Zhao dismissed any involvement in talks, The Wall Street Journal said he has pushed the US administration for a pardon.

The Nasdaq saw its biggest one-day drop since September 2022.

ASX heads towards correction as investors sell out of choppy waters

Bell Potter’s Richard Coppleson said it would take more time for a wild market to burn itself out as optimism about Donald Trump’s economic policies soured.

The sharemarket is set to rise, tracking gains in US equities.

ASX holds near six-month low; Johns Lyng drops 12pc, energy rallies

ASX falls short of 8000; Citi gloomy on Macquarie earnings; insurers rebound after Alfred; John Lyng exits ASX 200; Star mulling new rescue bid; bitcoin drops.

US President Donald Trump has followed through with his tariff threats, sending markets into a spin.

Markets rattled as Trump doubles down on tariff threats

Traders dumped stocks and bitcoin after the US president dashed hopes of some tariff reprieves for Mexico, Canada and China.

Trump’s crypto support has come at just the right time for the sector.

Trump’s ‘strategic’ crypto reserve is just another grift

The crypto bros who helped elect Donald Trump will rejoice at the creation of a strategic reserve of crypto. The rest of us should be deeply suspicious. 

February

Cryptocurrencies will be put to the market test when ETFs are developed for trading.

Bitcoin’s bear market is a fresh test for institutional investors

Bitcoin’s surge following Donald Trump’s election looks to be coming to an end, just as big investors finally step into the sector.

Bitcoin’s latest slump has again raised question marks.

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.

A coin representing Ethereum cryptocurrency.

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.

For how much longer will Australians by using cash?

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.

Argentina’s Javier Milei is on the political defensive after plunging his government into a massive cryptocurrency scandal.

‘Meme coin mania is dead’: the rise and fall of the crypto fad

One month on from the launch of Donald Trump’s failed token, meme coin traders are facing a fresh scandal that could kill the hysteria once and for all.

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Argentina’s October 2023 presidential election, which elevated Javier Milei to the top job, was the canary in the coal mine for politics across the democratic world.

How a $6.3b meme coin could bring down Argentina’s president

The opposition has called for firebrand Javier Milei’s impeachment after he promoted a cryptocurrency that soared but then went on to plunge in value.

AUSTRAC boss Brendan Thomas says cryptocurrency exchanges can be a hotbed for money laundering.

Money laundering watchdog puts 50 Australian crypto exchanges on notice

The Australian Securities and Transactions Analysis Centre is concerned some Australian cryptocurrency exchanges are failing to report suspicious transactions.

Michael Saylor has made a lot of money off Donald Trump’s pro-crypto strategy.

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.

Australian shares are set to fall in line with losses on Wall Street.

ASX slips, US tariff fears ease; WiseTech tumbles, Star leaps 13pc

Shares close lower; Aristocrat Leisure, Evolution Mining a ‘buy’; Citi tips gold rally; Mayne Pharma up 25pc; Star leaps, investors eye Brisbane casino.

ASX misses record high, $A up; lithium miners dive; Domino’s up 21pc

Shares end the week flat; CBA hits peak; lithium stocks hit as CATL reopens mine; $A creeps higher; Dominos rockets, shutters 205 stores; Nick Scali up 10pc.

Original URL: https://www.afr.com/topic/cryptocurrencies-hpc