Investing News
ASIC Chair ‘Troubled’ by Extent of Risk Taken in Crypto Investing
The Australian Securities and Investments Commission (ASIC) has admitted it holds concerns over the crypto investment increase seen during t...
Australian Asset Manager ‘Holon’ Launches Multiple Low-Cost Crypto Funds
Following recently approved Australian crypto exchange-traded funds (ETFs), Sydney-based Holon Global Investments (Holon) has just launched ...
ETH Surges Close to 50% in a Week Amid Bullish Merge Announcement
The price of Ethereum (ETH) has surged almost 50 percent in the past week on the back of an announcement that the long-awaited Merge is tent...
Bitcoin Dips Below $19,000 Amid Highest US Inflation Print in 40 Years
Bitcoin briefly dipped below US$19,000 on July 13 following the announcement of a higher than expected Consumer Price Index figure in the US...
Australians Lost Almost $100 Million in 2021 to Crypto Investment Scams
Aussies lost more than A$2 billion to scams in 2021, including losses of A$84 million due to scammers seeking payment with cryptocurrency, a...
FTX Finalises Deal with BlockFi, Option to Buy for Up to $240 Million
Embattled crypto lender BlockFi has signed a deal with FTX US, the American arm of Sam Bankman-Fried’s crypto exchange, which will see FTX...
Brisbane Man’s Crypto Bet Enabled Him to Buy a Home Mortgage-Free
In less than a decade, Brisbane IT specialist Joe Bridge turned a small-time household crypto mining hobby into an A$1.2 million profit that...
Millennials Prefer Crypto Over Investment Funds: Survey
A new survey conducted among young adults aged 25 to 40 in the US by French investment firm Alto reveals that more millennials are investing...
FTX and Morgan Creek Want a Piece of Troubled Crypto Lender ‘BlockFi’
Less than a week after extending a US$250 million line of credit to BlockFi, Bahamian-based exchange FTX is now in talks to acquire a stake ...
Crypto Hedge Fund ‘Three Arrows Capital’ Faces Insolvency Amid Forced Liquidations
The future of Singapore-based crypto venture capital firm Three Arrows Capital (3AC) has been blunted by rumours it faces insolvency after b...
Own a Piece of an Australian Crypto Exchange with Coinstash in its Crowdfunding Round
Fancy owning a piece of a rapidly growing and trusted Australian crypto exchange? Brisbane-based digital asset platform Coinstash is growing...
Why Bill Gates Won’t Invest in Crypto: ‘It Has No Valuable Output’
Bill Gates, co-founder of Microsoft and the world’s fourth-richest man, has told a Reddit AMA (Ask Me Anything) session why he doesn&#...