With the prospect of Trump coming back into the White House right on the horizon, the interest in his stance on digital currencies has escalated. During his time in the White House, Trump's administration was seen as undecided on cryptocurrency, as both critical measures and cautious regulations were entertained. However, new reports indicate that a…
Cryptocurrencies
2 years since FTX went down the gurgler, customers have light at the end of the tunnel. They will get their money back in early 2025, starting with customers with claims of US$50,000 or less. This includes customers around the world, although it had been estimated that 30,000 or so were in Australia. But before…
It finally happened - the bitcoin price exceeded US$100,000. It has been a spectacular run in 2024 with the digital currency more than doubling this year, putting it well ahead of most stock market indices and most other investable assets generally. Its total market capitalisation, at US$3.8tn, exceeds even Nvidia (NDQ:NVDA) and Apple (NDQ:AAPL), the…
While cryptocurrency isn’t the diamond in the rough as it once was, its mainstream adoption has introduced new heights for this digital currency.
This is especially true considering the proliferation of local and international laws and regulations made to encourage and regulate crypto adoption, as well as the hundreds of businesses around the world accepting (or…
For Australian investors and traders, staying informed about stock market news is essential for making smart decisions. With a range of websites now providing real-time data, expert analysis, and market insights, investors have the tools to navigate the ever-changing world of stocks. This article highlights five of the most reliable websites offering stock market news…
There are several economic indicators that impact stocks, both on the ASX and internationally. Whenever data is released, it can swing market indices in a particular direction, sometimes the opposite direction to where it had been heading earlier in the day. This is not only if the data changes from one period to another, but…
Investors fear a US recession - there's no denying it and there's no other explanation for the market correction in the last week. But are these fears justified?
Why investors fear a US recession
Because there are data points that are showing markets could be headed that way. There was a very fine tightrope central banks…
Where to Next for Bitcoin? To say Bitcoin (BTC) has been on an interesting journey over the past few months in an understatement. After a period of consolidation that lasted around three months, the market is buzzing with speculation about its next move. Adding to the excitement is the launch of Australia's first spot bitcoin…
Investors worldwide are pondering how to best capitalize on the recent growth in cryptocurrency and what risks and benefits are involved in digital assets in 2024.
Are cryptocurrencies worth investing in in 2024? What impact did the “bitcoin halving” have on the market? What are the use cases of cryptocurrencies in 2024? In this article, we…
