This Month
Bitcoin hits $US50,000 for first time in more than two years
The cryptocurrency is benefitting from an inflow into newly approved spot bitcoin ETFs as well as the S&P 500’s record rally in 2024.
- Hannah Lang and Elizabeth Howcroft
Bitcoin eyes longest winning run in a year on ETF inflows
The largest cryptocurrency is inching closer to $US49,000 amid steady inflows and buoyant equity markets.
- Sunil Jagtiani
$A slumps to eight-month low against Kiwi on rate rise bets
Traders ramped up speculation that New Zealand’s central bank will resume its tightening cycle as ANZ tipped the cash rate to hit 6pc.
- Alex Gluyas
January
Ethereum ETF approval expected in May
Standard Chartered has tipped the US regulator will approve ether-backed ETFs by mid-year that could drive the cryptocurrency higher.
- Elijah Nicholson-Messmer
Australian dollar bolstered by soaring equities
Near record highs in Australia and fresh highs for US stocks have buoyed the local dollar ahead of key inflation data that is likely to cement the case that rates have peaked.
- Cecile Lefort
- Opinion
- Cryptocurrencies
Crypto may have become boring, but it still isn’t legit
The SEC’s approval of 11 bitcoin ETFs is not as meaningful as aficionados like to think. Crypto is still “primarily a speculative, volatile asset”.
- Jemima Kelly
Bitcoin drops to lowest level since approval of ETFs
The cryptocurrency has shed near 10 per cent in value even as funds continue to flow into the newly created exchange-traded funds.
- David Pan
- Analysis
- Cryptocurrencies
It’s no wonder the SEC approved the crypto ETF through gritted teeth
Even with its words of caution, the approval of the new bitcoin spot price products is a stunning reversal from a year ago.
- Nick Bonyhady
- Updated
- Bitcoin
Local brokers rush to open access to bitcoin ETF after SEC approval
The regulator’s decision means that major financial institutions will be allowed to issue securities linked to the price movements of the cryptocurrency.
- Updated
- Jessica Sier
Crypto prices spike as focus turns to ethereum ETF
Investors poured into alternative cryptocurrencies after US regulators approved the first spot-bitcoin exchanged-traded finds, sending ethereum to a 22-month-high, before profit takes stepped in.
- Jessica Sier and Sarah Jones
- Explainer
- Bitcoin
Bitcoin ETFs have been approved by the SEC. So how do they work?
The complexities of trading cryptocurrencies have left it on the sidelines among other asset classes. These products promise to make it easier to invest.
- Jessica Sier
Bitcoin rally cools in countdown to US ETF decision
The world’s largest cryptocurrency surged past $US47,000 on hopes the SEC will finally approve a bitcoin ETF this week.
- Olga Kharif and Hannah Miller
Bitcoin jumps to 21-month high with ETF approval considered imminent
The latest rally came after BlackRock, Ark and several other prospective ETF issuers filed amended forms with US regulators.
- David Pan
Bitcoin whipsaws ahead of key ETF decision
Cryptocurrency sank as much 9 per cent in the first week of 2024 before rebounding ahead of a US decision this week that may unlock a wave of inflows.
- Joshua Peach
Bitcoin reverses ahead of eagerly awaited ETF decision
The world’s largest token fell as much as 9.2 per cent to dip briefly below $US41,000 shortly after 7am in New York.
- Emily Nicolle
December 2023
US dollar on pace for first yearly loss since 2020
With markets already pricing in aggressive cuts, debate is also focused on how much further the greenback is likely to fall.
- Karen Brettell and Samuel Indyk
US dollar poised for its worst year since 2020
A Bloomberg gauge of the greenback is down nearly 3 per cent since January in the steepest annual drop for the US currency since 2020.
- Carter Johnson
Euro rises to five-month higher, German yields plumb one-year lows
The euro has advanced 3.4 per cent this year, with much of the rally coming after signals from the Federal Reserve that it will pivot to rate cuts soon.
- Anya Andrianova and Alice Gledhill
Yen rally looks fragile to Jefferies even as money managers pile in
The Japanese currency has advanced more than 6 per cent against the US dollar from its November lows, potentially foreshadowing a 2024 reversal.
- Anya Andrianova
Ousted Binance founder’s fortune grew by $37b in 2023
Changpeng Zhao may be heading to prison next year, but bitcoin’s stunning rally provides at least a momentary silver lining to 2023.
- Olga Kharif
