This Month
- Opinion
- Cryptocurrencies
Bitcoin application shreds BlackRock’s ESG credibility
BlackRock’s bid to launch a bitcoin ETF is at odds with its founder Larry Fink’s strong stance on ESG, of which the cryptocurrency is an obvious fail.
- Tom Richardson
Bitcoin surge stokes huge volumes for Aussie crypto exchanges
Trading volumes at Independent Reserve jumped 50 per cent in November to more than $500 million as traders piled into the world’s largest cryptocurrency.
- Tom Richardson
Bitcoin’s ‘jet-fuelled’ jump pushes token above $US44,000
The largest digital asset’s 2023 rebound from last year’s crypto rout is now 165 per cent, buoyed by ETF hype and rate cut bets.
- Sunil Jagtiani
These assets – including bitcoin – could lead a risk rally
Cryptocurrencies, small-cap stocks and corporate bonds boasting huge yields are all tipped as hot areas for investors prepared to take more risk.
- Tom Richardson
Why bitcoin keeps rallying even as stocks and bonds take a hit
The sharemarket had a rough start to the week; yet the largest cryptocurrency has continued to climb to $US42,000, its highest level in 19 months.
- Sunil Jagtiani and Suvashree Ghosh
- Opinion
- Chanticleer
The bitcoin hype machine is starting up again. Beware
The price of bitcoin is up 55 per cent in six weeks, and the bulls are roaring again. But there are reasons for investors to be wary of exuberance.
- James Thomson
- Opinion
- Sharemarket
Shares, bonds, gold, signal cash could be trash in 2024
The curious and simultaneous rally in risk assets and those regarded as flight-to-safety assets threatens to return markets to the idea that cash is trash.
- Tom Richardson
Bitcoin hits $US40,000 for first time since May 2022
Investors are increasingly convinced that the Federal Reserve is done with rate hikes as inflation cools, turning the focus to rate cuts next year.
- Sunil Jagtiani
November
Investors weigh impact of Argentina’s radical new president
Javier Milei’s surprise election win sent Argentinian stocks soaring, but his sweeping reform could have bigger implications for lithium and bitcoin.
- Joshua Peach
Inside the long slide of Binance – and its lucrative Australian business
If Zhao’s downfall came in a Washington state courtroom, it arguably started in Australia, where ASIC began cancelling its licences months earlier.
- Jessica Sier
Binance and Zhao to plead guilty, pay $6b in fines
Binance agreed to plead guilty to criminal charges and pay more than $US4 billion in penalties. Changpeng Zhao agreed to step down and pay a $US50 million fine.
- Updated
- Chris Strohm, Matt Day and Ava Benny-Morrison
US is seeking $6b from Binance to end case
Negotiations between the Justice Department and Binance include the possibility that its founder, Changpeng Zhao, would face criminal charges in the US.
- Chris Strohm and Allyson Versprille
- Sohn Hearts & Minds
- Chanticleer
‘I know it sounds crazy’: Cathie Wood’s next big idea
Cathie Wood has called several big themes driving markets this year. But the world’s most divisive investor says we’re thinking about AI in the wrong way.
- James Thomson
Crypto hack suggests Australia’s CoinSpot has been compromised
More than $2 million has been drained from accounts, but the Melbourne-based cryptocurrency exchange says “no customers” have been affected.
- Jessica Sier
October
How SBF ‘spent billions’ in customer funds before FTX collapse
Court documents show Sam Bankman-Fried and his associates spent voraciously on investments, donations and real estate even in the crypto exchange’s final months.
- Yueqi Yang
- Explainer
- Cryptocurrencies
Why banks are looking at real-world asset tokenisation
Banks spend billions each year on systems to track and finalise millions of trades. Could crypto help to streamline processes?
- James Eyers and Jessica Sier
- Exclusive
- Israeli-Palestinian conflict
Crypto donations for Hamas being sought in Australia on Telegram app
Counter-terrorism authorities have been alerted to posts on the messaging platform seeking money to fund the militant group’s fight against Israel.
- Tom Richardson and Andrew Tillett
Crypto exchanges to be regulated under bolstered licence regime
Assistant Treasurer Stephen Jones will detail the government’s crypto regulation plans at The Australian Financial Review Crypto Summit on Monday.
- James Eyers, Jessica Sier and Tom Richardson
How crypto is forcing banks, funds towards new digital asset markets
The market cap of cryptocurrencies is $1 trillion. But real-world assets are valued at $800 trillion. How much could be “tokenised” onto blockchains to create efficiencies?
- James Eyers
How sharemarket bets took this NBA champion from basketball to bitcoin
Sports champion and Young Rich Lister Matthew Dellavedova is investing his wealth in tech start-ups and crypto as he worries about central banks printing money.
- Tom Richardson
