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Cryptocurrencies

Today

Apollo Global Management’s Marc Rowan is a contender for Treasury Secretary.

Apollo boss emerges as top contender for Treasury secretary

Donald Trump has tapped billionaires, celebrities and a private equity mastermind in his latest round of cabinet picks.

  • 1 hr ago
  • Matthew Cranston

This Month

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

Bulls are calling the ‘golden age of crypto’. It’s not all about Trump

Donald Trump’s decisive election win has sent crypto markets surging. But pundits see a much bigger case for optimism around the sector.

  • James Thomson
Bitcoin’s rally is showing no signs of slowing down.

‘The chase is on’: Bitcoin tipped to hit $US100,000 within weeks

A record rally in the flagship cryptocurrency has ETF providers reporting huge inflows and exchanges enjoying frenetic activity.

  • Updated
  • Alex Gluyas
Imperium Markets CEO Stu Burns and chairman Rod Lewis.

Ex-Westpac treasurer named to Imperium Markets advisory board

The new board will be headed up by Imperium chairman Rod Lewis, former Westpac treasurer Curt Zuber and former MBIA UK chairman and chief executive Chris Weeks.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Donald Trump said during his campaign he wanted to make the United States “the crypto capital of the planet”.

The crypto industry spent $197m on the US election

The cryptocurrency industry spent more than $A197 million to back political candidates in the US election who supported softer regulations on crypto. It paid off.

  • Santul Nerkar
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A Trump presidency is good news for crypto.

Bitcoin tipped to hit $US100,000 as euphoria floods crypto

Traders are betting its rally through $US76,000 is just the beginning of a powerful bull market, sparked by looser regulation under the return of Donald Trump.

  • Alex Gluyas
Billionaire Elon Musk support of Trump and backing of Dogecoin has sent the memecoin soaring.

Money piles into bitcoin as Trump wins election

Bitcoin rallied to a record on the prospect of Donald Trump returning the White House. Elon Musk-backed dogecoin, meanwhile, soared more than 20 per cent.

  • Updated
  • Sarah Jones
Immutable co-founders and brothers Robbie and James Ferguson.

Australian crypto giant Immutable faces SEC blowtorch

The video game software company was founded by the two sons of a Macquarie banker and in 2022 had a valuation of around $3.5 billion.

  • Amelia McGuire

October

Bitcoin has surged more than 70 per cent this year.

Investors flood into bitcoin, gold as Trump bets surge

Brokers are experiencing a wave of cash into cryptocurrencies and gold as investors ramp up bets that the former president will return to the White House.

  • Updated
  • Alex Gluyas
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Westpac splits from ABA; Attempted kidnapping; Next battle for offices

Read everything that’s happened in the news so far today.

Crypto billionaire Tim Heath has an estimated worth of $2.27 billion.

Crypto casino Rich Lister victim of attempted kidnapping

Billionaire Tim Heath was attacked in his home in Estonia in July by a group of foreign nationals who attempted to abduct him.

  • Yolanda Redrup
Convenient convert: Donald Trump speaks at a bitcoin conference in Nashville, Tennessee.

Bitcoin traders position for ‘seismic’ shift under Trump

The largest cryptocurrency came within striking distance of a record this week as pundits eye $US80,000 if Donald Trump does return to the White House.

  • Alex Gluyas
Iris Energy - Brothers Will Roberts and Daniel Roberts: ex Macquarie bankers now doing green bitcoin mining.

PwC given green light to chase bitcoin miner Iren for $153m debt

The Nasdaq-listed group, which is attempting to rebrand as a data centre firm, unsuccessfully argued it couldn’t be pursued in Australia for Canadian loans.

  • Amelia McGuire
ANZ and HESTA are exploring how stablecoin technology can streamline employer contributions under looming payday super laws.

HESTA, ANZ pilot use of A$DC stablecoin for payday super

Bringing data and payments together promises efficiencies for super funds grappling with new laws that will more than double incoming contributions.

  • James Eyers
In divorce filings, Michelle Bond’s ex-husband accused Salame of funnelling “illegal campaign contributions”.

The endless downfall of a crypto power couple

He was a wealthy FTX crypto executive; she was a Washington policy wonk. Now the newlyweds are both headed to prison.

  • David Yaffe-Bellany
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A crypto ticker scrolls blank in Decentraland. The virtual world was once popular. Now it is hard to find another user.

Once the future of the internet, the metaverse is largely empty

Two years ago, the world’s biggest brands couldn’t get enough of virtual worlds. Now, only the most hardcore users are left.

  • Tess Bennett and Rachael Bolton
Mark Carnegie: “Circle is the obvious candidate to be the long-term winner in the regulated stablecoin space.”

Mark Carnegie pushes Circle’s USD Coin to Australia’s super funds

MHC Digital says USDC, which has a market cap of $50 billion, could be used by big institutional investors to bypass banks and save hundreds of millions of dollars.

  • James Eyers

September

Changpeng Zhao, former chief executive officer of Binance.

Binance founder CZ is released from US custody

Changpeng Zhao was released from a correctional facility in California after serving a four-month sentence.

  • Muyao Shen and Chris Dolmetsch
Fred Schebesta, founder of Finder, pictured in Sydney after his appearance at the AFR Crypto & Digital Assets Summit on Monday.

ASIC sets off the crypto fire alarm, Canberra will have to respond

Delegates to this week’s Summit pleaded for clarity about how digital assets are defined under corporate laws.

  • James Eyers
CBA managing director of blockchain and digital assets.

CBA crypto experiments held up in regulatory bottlenecks

Unanswered questions from a myriad of regulators are stifling Australia’s largest bank from advancing cryptocurrency and digital asset projects.

  • Max Mason

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