This Month
Aussie dollar’s wild 24 hours throws forecasts into doubt
The Federal Reserve’s hawkish pivot boosted the US dollar, while Australia’s currency plummeted, only to recover after a surprisingly strong jobs report.
- Alex Gluyas
Bitcoin bounces on first protocol upgrade in four years
Experts say the ‘Taproot’ upgrade makes the significance of Elon Musk’s backflip on the digital asset look like ‘a drop in the ocean’.
- Alex Gluyas
Bitcoin among riskiest assets: bank regulator
Banks will face tough capital requirements for holding cryptocurrencies after the global regulator warned about the potential for using them for financial crimes.
- Silla Brush
El Salvador first in world to make bitcoin legal tender
President Nayib Bukele has touted the use of bitcoin for its potential to help Salvadorans living abroad to send remittances back home.
- Nelson Renteria, Tom Wilson and Karin Strohecker
Australian dollar drops as greenback gets green light
Stronger than expected US economic data bolstered the currency and knocked the wind out of commodity currencies including the Aussie.
- Timothy Moore
Crypto-crash aftershocks hit traders with 50pc premiums vanishing
Hedging activity is on the rise and bullish bets are finding limited demand - rare times of restraint among day traders.
- Justina Lee
May
‘Undervalued’ Aussie dollar ready to break through US80¢
The Australian currency’s fundamentals are strong, and analysts are predicting it will correct itself from its “stuck” position in the coming months.
- Alex Gluyas
- Analysis
- Cryptocurrencies
Rise of crypto laundries: how criminals cash out of bitcoin
The ability to hold cryptocurrencies without divulging your identity has made them increasingly attractive to criminals, and particularly to hackers who demand ransoms after breaking into companies.
- Updated
- Hannah Murphy
Why cryptocurrencies are here to stay
Despite the recent market craziness, cryptocurrencies are changing finance and central banks are in a desperate race with innovators, one they may even eventually lose.
- Michael Hirsh
Chinese currency strengthens to three-year high
The stronger Chinese currency softens the impact of hot commodity prices on the country’s producers, but will hurt Australian importers.
- Richard Henderson
Dog eat doge: AFL clubs cash in on crypto
The Melbourne Demons and Western Bulldogs are seizing their time in the spotlight as they lure new cryptocurrency trading platforms as sponsors.
- Finbar O'Mallon
Tales from the fringe of the crypto craze
Meet the thrill-seeking traders who are prowling for profits in the wildest corners of the market - all in search of the next big coin.
- Misyrlena Egkolfopoulou and Charlie Wells
Musk jolts bitcoin higher with ‘potentially promising’ tweet
Elon Musk is continuing to toy with the price of bitcoin, taking to Twitter overnight to indicate support for what he says is an effort by coin miners to make their operations greener.
- Vildana Hajric
Fundstrat’s Lee retains his $US125,000 bitcoin target
Fundstrat Global’s Tom Lee said he believes bitcoin has bottomed and he still sees the cryptocurrency rallying through $US125,000 later this year.
- Timothy Moore
Fed may blink first on policy
Currency markets are signalling a quicker reaction from the US Federal Reserve than the European Central Bank to red-hot economic growth.
- Sarah Turner
Crypto bulls buy the dip as valuations crumble
The past week has seen cryptocurrencies plummet and while some experts believe the bubble has finally popped, others say it is the ultimate buying opportunity.
- Alex Gluyas
- Opinion
- Cryptocurrencies
Crypto’s libertarian warriors face fiat money fightback
Cryptocurrencies were inspired partly by libertarianism. Ironically, this has provoked a quest by central bankers for a form of fiat money with even greater potential for social control.
- The Lex Column
Divorce has a digital dimension with bitcoin
For those in marriage strife, cryptocurrencies can prove a useful tool for masking wealth.
- Lucy Burton
- Opinion
- Cryptocurrencies
The dominance of bitcoin is ending
The greening of crypto is belatedly under way, and will expose bitcoin maximalists to an overdue reckoning.
- Grant Wilson
- Opinion
- Cryptocurrencies
Cryptocurrency holders take on central banks at their peril
If central banks and regulators assume control, it will probably take a chunk out of the value of cryptocurrencies and leave some holders with substantial losses.
- Katie Martin
