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'I’m bored of bitcoin already': Fund manager tells crypto investors to cash...
Financial experts are split in their opinions when it comes to cryptocurrencies.But Australian fund manager Michael Glennon is well and truly in the bearish camp.In an opinion piece for the Australian...
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A single trader could have caused the price of bitcoin to rise over 700% in 2013
A massive jump in bitcoin price back in 2013 has been linked to two accounts trading on the Mt. Gox platform. Research published in the journal of Monetary economics has studied trades on the platform...
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Footage captures a Chinese rocket booster almost wiping out a rural village
Rocket launches don't always go to plan.This particular launch did go to plan, but when the booster from the Long March 3B fell back down to earth, it narrowly avoided a rural village.Footage captures...
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Here's how the brutal crypto sell-off has affected the market beyond bitcoin
Bitcoin has had a rough 24 hours, but some alt-coins have had it much worse.But among the world’s biggest cryptos — based on the metric of market capitalisation — bitcoin has still fared better than...
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Controversial digital coin exchange Bitconnect has imploded in the crypto...
Bitconnect has shut its lending operation down with immediate effect and will be shutting its exchange platform in the next five days. The company had received cease and desist letters from two...
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Credit Suisse says bitcoin's fair value is almost half its current price
Credit Suisse analyst Damien Boey has developed a valuation method for Bitcoin combining two seemingly unique factors.Those factors are: the size of the bitcoin network, and the yield spread on BBB...
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A day in the life of an equity sales leader at UBS in Sydney
SYDNEY — Working on a trading floor takes tenacity.UBS's director of institutional equity sales in Australia, James Ledgerwood, has it in spades.He was brought over from Citibank in 2015 to work under...
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Bonds are getting smashed, and the market might be spooked by reports of a...
US bond yields continued to edge higher, in a synchronized global selloff which saw Australian government bond yields also rise across the curve.After climbing above 2.6% overnight, a short time ago...
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Switzerland just showed why bitcoin may struggle to go mainstream
A Deutsche Bank strategist sees bitcoin going against the trend of the Swiss National Bank (SNB) as the cryptocurrency takes a dive. In part due to governmental policies and restrictions on bitcoin....
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People are accidentally buying a book about WWII because it’s also called...
Randall Hansen owes Michael Wolff a beer.Eight years ago, the former wrote a book on the American and British bombing campaign over Germany between 1942 to 1945. He called it "Fire and Fury" the same...
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The 10 safest countries in the world for women
New World Wealth consultancy has carried out an analysis on the safest countries in the world for women. They claim there is a correlation of 92% between historic wealth growth and the safety levels of...
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More of the world's richest people are moving to Australia than anywhere else
A analysis by New World Wealth found that Australia is an increasingly popular destination for high net worth migrants.In Australia, the most popular destinations for wealthy people of other...
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Why it's a bad idea to measure cryptocurrencies by their market caps
Market capitalisation may not be an accurate way to describe the total value of a crypto coin.Julian Hosp — co-founder of cryptocurrency TenX— said the metric has some serious limitations."If a...
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The major currencies most commonly traded for bitcoin, in one chart
The Japanese yen accounts for more than half of traditional fiat currencies that are traded into Bitcoin.The Japanese government has taken a more positive stance towards Bitcoin, legalising it as a...
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Millions of maggots are washing up on beaches in Australia
Millions of tiny maggots washed up on Newport and Bilgola beach, in Sydney's Northern Beaches, on Sunday.Local woman Jane Gardner posted photos of the gruesome sight on Facebook saying: "Zillions of...
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Chinese small-cap stocks are suddenly getting hosed
Chinese stocks are taking bath on Thursday, adding to heavy losses seen earlier in the week.Here’s the scoreboard as at 4.30pm AEDT.Shanghai Comp 3441.85 , -1.12%Shenzhen Comp 1821.89 , -2.98%CSI 300...
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Bitcoin is getting smashed
Prices have fallen to less than $US6,500 and are now at their lowest level since November.Technical analysis suggests that falls to below $US3,000 could be in storeOther major cryptos have lost between...
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The Nikkei is getting destroyed
The Nikkei index has slumped in early trade after Japanese markets opened at 11:00am AEDT.The declines follow a drop of 8% in Nikkei futures this morning, after US stocks had their largest one-day...
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DOW FUTURES DIVE: There could be further losses to come for US stocks
It looks like the sell-off in US stocks may have further to run yet.Dow futures have plunged in the Asian trading session and were down almost 500 points a short time ago, according to data from...
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Global markets have calmed down -- except in China, where major stocks are...
The mini-riot stocks that spilled into global markets this week has calmed down for now, but the benchmark index in the world’s second-biggest economy, China, is still tumbling.Here’s the one-day chart...
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