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Showing 81 - 90 of 422 results for "Crypto"

Bitcoin now 7th largest global asset

ELIZA BAVIN  |  TUESDAY, 14 JAN 2025
... sharp correction, wiping out US$500 billion from the market cap. Despite the correction, the Binance Australia Monthly Crypto Market Wrap found that the drive in the market throughout 2024 was a result of massive strides in mainstream adoption and "unprecedented" ...

Bitcoin returns 147%, outshines bull market

KARREN VERGARA  |  FRIDAY, 10 JAN 2025
... cryptocurrencies like Bitcoin have operated in an environment where governments were either disengaged or openly opposed to crypto. Donald Trump's election in the US marks an historic shift for the cryptocurrency industry. For the first time, we ...

Sanlam Private Wealth breaches licensee obligations, hit with enforceable undertaking

MATTHEW WAI  |  MONDAY, 6 JAN 2025
... managed large pools of investor assets and serviced large retail client bases. Some offered online trading platforms and crypto-based investment products that posed great risks to retail clients. The corporate watchdog also identified that Sanlam failed ...

ASIC sues Binance over customer protection failures

ELIZA BAVIN  |  THURSDAY, 19 DEC 2024
... protections by misclassifying them as wholesale clients. ASIC alleges from 7 July 2022 to 21 April 2023, Binance offered crypto derivative products to 505 Australian retail investors who were misclassified as wholesale clients, representing 83% of its ...

AMP defies super fund herd with Bitcoin bet

ANDREW MCKEAN  |  TUESDAY, 17 DEC 2024
... digital asset. Last week, AMP senior portfolio manager Steve Flegg made public that the fund had "took the plunge" into crypto, with its exposure to digital assets now accounting for 0.05% of its total assets under management - $57 billion. Flegg said ...

ETF industry scales to new heights: VanEck

ANDREW MCKEAN  |  FRIDAY, 13 DEC 2024
... greater adoption across the board," VanEck said. The top 10 ETFs by monthly returns for November were led by the BetaShares Crypto Innovators ETF (CRYP) with a return of 42%, followed by the Global X 21Shares Ethereum ETF (EETH) (42%) the VanEck Bitcoin ...

Crypto operator to fork out millions after court ruling

ANDREW MCKEAN  |  FRIDAY, 13 DEC 2024
... said it was "disappointed with the outcome of this case." "... we believe this case highlights the urgent need for bespoke crypto legislation to address the shortcomings that are causing confusion and uncertainty for Australian crypto investors and businesses," ...

Investment habits of the generations revealed

ELIZA BAVIN  |  TUESDAY, 10 DEC 2024
New research from Fidelity has outlined the differences between the generations when it comes to investing and risk. The research - which was based on a survey of more than 1000 Australian consumers aged between 18 and 59 - found that financial confidence ...

Investors plan to continue private markets love affair

JAMIE WILLIAMSON  |  MONDAY, 25 NOV 2024
More than 50% of investors are expecting to increase their exposure to private markets over the next 18 months, with infrastructure and private debt managers expected to benefit most. That's according to bfinance's latest Global Asset Owner Survey ...

Gensler to leave SEC in January

JAMIE WILLIAMSON  |  FRIDAY, 22 NOV 2024
... over $150,000. Bloomberg reported recently that Trump is expected to create a White House role dedicated to overseeing crypto policy and regulation, part of his promise to make the US the "crypto capital of the planet." This also involves establishing ...