News

XRP Makes Waves, Soars 40% in the Past Week

Summary Cryptocurrency Ripple (XRP) has gained a 3% market share, having risen 40% in the past seven days. Ripple, first launched in 2012, was des...

Ethereum Crosses $3K-Mark To Hit All-Time High. What Next?

Ethereum (Ether), the second largest crypto by market cap, surpassed the US$ 3,000-mark for the first time ever on Sunday, May 2. The blockchain giant...

Why Berkshire’s Charlie Munger ‘hates’ Bitcoin’s meteoric rise

Summary Expressing his dislike for Bitcoin, Berkshire Hathaway’s Vice Chairman Charlie Munger on Saturday said: “Of course I hate the b...

A New Copyright Lawsuit May Unveil Bitcoin’s True Founder

Summary Australian Craig Wright is filing a copyright claim against the website Bitcoin.org, claiming he is the true founder of the cryptocurrency...

Can Ethereum Surpass Bitcoin In Terms Of Market Cap?

Ethereum made headlines this week in April as the European Investment Bank (EIB) launched its "digital bond" sale worth US$128 million using the block...

Ether Hits All-Time High Taking the Spotlight Away from Bitcoin

Summary Ether rose to AU$3,500 on Thursday, achieving an all-time high for the cryptocurrency. The crypto’s rise has weakened Bitcoin’...

Game on for Crypto: Inverse ETFs Will Create a Bull Vs Bear Race

Summary Horizon ETF Management has launched the first inverse Bitcoin ETF, allowing investors to short crypto much in the same way investors can sh...

Dogecoin Surging! Should You Buy It Ahead Of Elon Musk's SNL Debut?

Cryptocurrency Dogecoin skyrocketed by over 32 per cent on Wednesday, April 29, following Tesla owner Elon Musk’s tweet describing himself as &l...

Dogecoin Skyrockets 20% in Just One Day

Summary Dogecoin has risen over 20% in the past 24 hours following a tweet from Tesla founder Elon Musk. The crypto surged from US$0.25 to US$0.30...

Nexon joins Tesla, Mastercard, PayPal, BNY Mellon in Bitcoin bet

Summary Nexon purchased Bitcoin worth US$100 million, representing nearly 2% cash and cash equivalents reserves of the company. The Japanese onlin...

Ethereum Soars To Record High. Here’s What Caused Its Rise

Summary Ethereum, the world’s second biggest crypto asset, set a record peak of US$ 2,718.6 per token during Asian markets’ trading hou...

Bitcoin Roars Back Following Last Week’s Massive Sell-Off

Summary Bitcoin rebounded significantly to AU$69,116 a coin on Monday morning after dropping to a low of AU$47,549 last week. Tesla is set to rele...

Cryptocurrency Surge Gives Way to an Increase in Number of Scams

Summary ASIC has recorded a recent rise in crypto-related scams. Banks are not legally obligated to return customer’s money lost to crypto s...

Are you being conned? Here's how to identify cryptocurrency scams

Summary Despite a host of new cryptocurrencies to add to the 4000+ that are currently out there, investors should be wary of which companies are le...

NFT Art Finance: A New Crypto In Focus

Developers of the Non-Fungible Token (NFT) Art Finance project are focused on creating a list of digital fine artworks, music and testimonial of owner...

Elongate: How Elon Musk's ‘Joke’ Became A Cryptocurrency

In March, Tesla owner Elon Musk jokingly requested in a tweet that if there ever is a scandal about him, it should be named ‘Elongate’. He...

Bitcoin slumps to 48-day low on tax hike angst

The value of Bitcoin, the world’s most valued cryptocurrency, fell below the US$50,000-mark, on concerns of new regulations on increasing capita...

How To Invest in Bitcoin & Ether Funds?

Crypto markets are volatile and keeping a watch on them round the clock is impossible. However, the Toronto Stock Exchange-listed crypto funds provide...

Bitcoin Rally May Be Over, Warns JPMorgan Chase

Summary Strategists at JPMorgan Chase have cautioned that if Bitcoin’s value does not breach the US$ 60,000-mark soon, it can lose its moment...

Crypto Safemoon Dives Leading to Scam Claims

Cryptocurrency Safemoon has plunged today, losing two-thirds of its value in just an hour. The crypto dove from AU$0.000015 to AU$0.000005 on Thursday...