Yesterday
$A hit as strong US data dents rate cut hopes
The local currency is back below US65¢ after traders pushed back the likely timing of the first rate cut by the Federal Reserve and the Reserve Bank of Australia this year.
- Cecile Lefort
March
Bitcoin tops $US70,000 again after slumping on ETF outflows
The largest digital currency jumped more than 5 per cent after almost $1.4 billion was yanked from exchange-traded funds last week.
- David Pan
Pound’s worst week of the year is upending an $8.4 billion trade
The UK currency hit the skids after the Bank of England laid the groundwork for a shift to interest-rate cuts, torpedoing a view among traders that the central bank would take longer than its peers in Europe and the US to act.
- Naomi Tajitsu
Copper upstages iron ore’s influence on the Australian dollar
The base metal – which hit an 11-month high last week – is increasingly viewed as an indicator of economic growth, particularly in China.
- Cecile Lefort
Crypto mania and speculation drive bitcoin higher
The speculative frenzy in digital currencies has doubled the value of some memecoins as retail traders bet on blockchain’s future use.
- Tom Richardson
Bitcoin surges to record on sustained ETF demand
The largest digital asset rose as much as 2.5 per cent to $US69,191.95 in US trading, then profit taking knocked the cryptocurrency back below $US63,000.
- Updated
- Philip Lagerkranser
Bitcoin jumps as options point to $US80,000
The token has surged around 60 per cent this year, outpacing traditional asset classes such as stocks by a wide margin.
- Suvashree Ghosh and Sidhartha Shukla
February
Bitcoin soars to $A record ahead of supply crunch
“It’s a demand, demand, demand story,” the CEO of Digital X said of the world’s largest cryptocurrency, which broke through $96,000 in Australian dollar terms.
- Jessica Sier
FTX founder’s lawyers recommend short prison sentence, no fine
Sam Bankman-Fried should serve no more than 6½ years in jail for orchestrating the fraud that brought down the cryptocurrency exchange, a judge has been told.
- Chris Dolmetsch and Robert Burnson
Bitcoin tops $US63,000 with enthusiasts eyeing record highs
Bitcoin has more than tripled in value since the start of last year, climbing back from a 64 per cent plunge in 2022, in a remarkable comeback.
- David Pan and Sidhartha Shukla
Bitcoin tops $US57,000 for first time since 2021
Investors have poured around $8.6 billion into a batch of exchange-traded funds that began trading last month.
- Updated
- Suvashree Ghosh and Sidhartha Shukla
UBS bets Aussie dollar among best trades of 2024
The $5.8 trillion wealth manager expects the Australian dollar will jump 10 per cent this year, and is also betting on a rally in Chinese and Indian stocks.
- Alex Gluyas
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
