Australia Financial News

21.06 / 09:11

business exchanges services Financial Australian Australian Crypto BTC Markets becomes first Australian crypto firm to get a financial services license

Australian-based cryptocurrency exchange BTC Markets has become the first crypto company in the country to gain a financial services license.

20.06 / 18:33

European Union Refugees Swimming Why do central banks raise interest rates to curb inflation?

It's all going up: electricity, diesel, vegetables, the Internet, hotels, flights, and now, interest rates.

18.06 / 06:01

cryptocurrency NFT CRYPTONEWS Brand Connector from Smart Token Labs: connecting brands and NFTs

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

17.06 / 18:23

business FTX plans to acquire crypto exchange Bitvo as part of move into Canadian market

Cryptocurrency derivatives exchange FTX has entered into an agreement to purchase Canada-based crypto platform Bitvo.

17.06 / 11:35

markets ETF Grayscale Bitcoin Premium Time Low GBTC premium hits -34% all-time low as crypto funds ‘puke out’ tokens

The largest Bitcoin investment vehicle, the Grayscale Bitcoin Trust (GBTC), is now trading at its biggest ever discount to the spot market.

17.06 / 05:22

business Taxes Bitcoin Portfolio in the red? How tax-loss harvesting can help stem the pain

Crypto investors — particularly those that bought in toward the top of the market in 2021 — may be able to find some salvation through a tax-saving strategy called “loss harvesting” according to Koinly’s head of tax.

14.06 / 16:41

business Adoption Binance Bitcoin Binance aims to become a super app with Splyt crypto partnership

The world’s largest cryptocurrency exchange, Binance has partnered with Splyt, a “super app enabler,” to bring payment options to the Binance application. Payment options made for Splyt services include cryptocurrency.

14.06 / 07:13

Ethereum Binance Bitcoin Binance Australia CEO: regulations will establish higher standards in crypto

As the struggle for regulatory clarity down under rages on, Binance Australia’s CEO Leigh Travers thinks that such a framework will prove the crypto industry “holds itself to a higher standard” than many believe.

10.06 / 22:39

ETF Europe Terra Bitcoin bitcoin etfs Australian Lack of Interest in Australian Bitcoin ETFs Blamed on Bad Launch Timing, Strong Inflows Globally

Bitcoin (BTC)-backed exchange-traded funds (ETFs) of various types are now widely available to investors around the world. But the popularity of the funds varies, with investors in Australia showing almost no interest in trading the recently-launched ETFs there.

08.06 / 11:09

Blockchain Adoption Bitcoin Swyftx Crypto-stock trade pairs in the cards as Swyftx inks $1.5B merger with Superhero

Australian crypto exchange Swyftx wants to eventually offer seamless trading between traditional and crypto-asset classes, with its first step being the completion of its $1.5 billion merger deal with online investing platform Superhero.

08.06 / 10:01

BTC ETF Action Bitcoin ‘Undervalued’ Bitcoin [BTC] gets new profit-seekers in the form of…

The cryptocurrency market, at press time, was undergoing yet another correction period. The swift and bearish price action resulted in roughly $133 million in Bitcoin and Ethereum positionsliquidated as per CoinGlass. It goes without saying, this development has induced more fear amongst the investors.

08.06 / 07:09

cryptocurrency Cardano crypto news Bitcoin Cryptocurrency Prices Today June 08: Bitcoin, Ethereum inch higher; Cardano jumps over 5%

The total crypto market volume rose 3.49 percent to $84.24 billion over the last 24 hours.

07.06 / 12:35

cryptocurrency Валюта AUD Bitcoin Crypto scams Lost Aussies lost $81.5 million to crypto scams this year: ACCC

Australians lost over AUD 113 million ($81.5m) to cryptocurrency scams between January 1 and May 1 this year, the Australian Competition and Consumer Commission (ACCC) has announced.

07.06 / 05:59

business ETF stocks Spot Crypto ETFs crypto ETFs Australian Two more spot crypto ETFs launch on Australian markets

A further two cryptocurrency-backed exchange-traded funds (ETFs) have launched on the Cboe Australia exchange on June 7 bringing the total amount of crypto ETFs available to Australian traders to six.

07.06 / 04:47

Blockchain Citi Digital Bitcoin Australia’s Gold Coast flirts with crypto-payments despite concerns

Mayor Tom Tate of Gold Coast, Australia, has suggested that people could use cryptocurrencies to pay local taxes in the future. However, detractors have raised concerns about volatility and the ongoing market fall. On 5 June, just over a week before the council is set to present its annual budget, Tate told local news station ABC News,

06.06 / 15:27

economics Federal Reserve Central Bank Reserve Dollar Dominance and the Rise of Nontraditional Reserve Currencies

Serkan Arslanalpis Deputy Division Chief in the Balance of Payments Division of the International Monetary Fund (IMF)’s Statistics Department; Barry Eichengreen, George C. Pardee and Helen N. Pardee Professor of Economics and Political Science, University of California;Chima Simpson-Bell is an Economist in the IMF’s African Department._______

06.06 / 08:01

Blockchain Taxes Bitcoin crypto volatility Australian Australian Mayor downplays crypto volatility, recommends it for rates payments

Tom Tate, the Mayor of Gold Coast, Australia, has suggested that cryptocurrency could be used by residents to pay local taxes in future years, though critics have flagged volatility and the recent market crash as a cause for concern.

05.06 / 19:53

tennis Family open Roland Garros: Nadal wins record 14th French Open, 22nd Grand Slam

Rafael Nadal pulled away to beat Casper Ruud 6-3, 6-3, 6-0 in the French Open final on Sunday for his 14th championship at Roland Garros and 22nd Grand Slam title overall, adding to two records he already owned.

04.06 / 11:49

business Blockchain investigation Investigations South Korea ramps up crypto investigations and regulations

On Friday, June 3, South Korea’s Financial Supervisory Service (FSS) began an investigation into payment gateway services that work with digital assets. The FSS is South Korea’s financial regulator that operates under the Financial Services Commission (FSC), both of which are government institutions.

02.06 / 19:01

cryptocurrency Adoption Survey Bitcoin NOT Just 18% of Respondents Do Not Expect Bitcoin to Become Legal Tender in 3 Years - Survey

Potentially fueling a bullish approach to bitcoin (BTC) investments, only 17.9% of surveyed individuals said that they do not expect BTC to become legal tender within three years, according to a recent report prepared by The Economist Group and commissioned by crypto platform Crypto.com.

02.06 / 12:45

Adoption regulation Survey Investors' perception of crypto is changing for the better: Economist survey

A report published by the Economist paints a bright future for cryptocurrency adoption, with survey respondents anticipating growing demand in the near future.

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