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May 26, 2021
Speculative crypto trading poses a major headache for regulators, with most novice buyers dipping their toes into the markets without basic trading knowledge. According to Blockchain data analytics firm Glassnode, newer investors and short-term holders led the recent bout of crypto panic-selling, crystallising their losses after buying in at the top. Unsplash The wild swings in bitcoin value are another reminder of crypto’s hyper-volatility. New Zealand regulators remain on alert as crypto...
May 7, 2021
File photo. Photo: 123RF The value of the digital asset has soared more than 800 percent in the past month to about 58 US cents a coin. Doge Coin get its name from a popular internet meme and was created as a joke in 2013 and had typically been used as a way to tip content creators online. It is unique from other crypto assets, as it is regarded as a much faster and cheaper way to send value along a cryptocurrency network and it is inflationary, meaning that the supply of Doge Coin is not cap...
January 15, 2021
Independent Reserve is a Sydney-based exchange that boasts 150,000 customers. It charges commissions of 0.5 per cent on most trades, dependent on 30-day trading volume. Electronic funds transfers in excess of $100 are fee-free, as are PayID and Osko deposits above $1000. BTC Markets BTC Markets claims more than 230,000 customers. Founded in 2013, BTC Markets enables trades on 15 different assets and claims more than 230,000 customers. The exchange charges 0.85 per cent or less on trades and c...
January 14, 2021
Bitcoin fever is back. Here are the Aussie exchanges where you can trade cryptocurrencies. Jack Derwin Australians are looking to buy Bitcoin as the price surges. (Artur Widak, NurPhoto via Getty Images) There are a number of Australian exchanges as well as global ones that allow users to buy, sell and hold digital assets. Heres a list of Australian crypto exchanges. The cryptocurrency market might be taking a breather after Bitcoins rapid run up to $50,000, but interest goes o...
December 10, 2020
Opinion It’s been touted as the best performing asset of 2020, so what’s been driving Bitcoin’s recent success amid a global pandemic? Janine Grainger from Easy Crypto has a few ideas. The fact that Bitcoin has survived the stress-test of Covid-19 has been indisputable. Not only did it recover much quicker when compared to the other asset classes, such as the US stock markets and gold prices, but it’s also been the best performing asset class year-to-date. Perhaps it’s due to this res...