RESERVE BANK OF AUSTRALIA (RBA) CUTS INTEREST RATES TO HISTORIC LOW The official interest rate has been cut yet again by the RBA to a new record low of 0.75%. The cut of 0.25% follows similar an earlier cut in July. RBA Governor Philip Lowe highlighted the following points in his post-meeting statement: The decision...Continue Reading
What Bitcoin Network Hash Rate Actually Measures Quick Answer. Bitcoin network hash rate is the total number of SHA-256 computations per second being submitted to the Bitcoin blockchain by all miners worldwide. It is measured in exahashes per second (EH/s), where one EH/s equals one quintillion hashes per second. In August 2026 the network sits...Continue Reading
What Dollar Cost Averaging Bitcoin Actually Means for Australians Quick Answer. Dollar cost averaging Bitcoin is the practice of investing a fixed AUD amount into BTC at a fixed interval, such as AUD 100 every week or AUD 500 every month, regardless of the current Bitcoin price. The strategy removes the need to time entries,...Continue Reading
Crypto Bull Market-ARE YOU READY TO RUN WITH THE BULLS? In 2017 Bitcoin rose from under 1,000 US dollars to an all time high of about 19,783 US dollars on 17 December, moving through a series of steep, staged rallies. This article breaks down those 2017 stages, shows a 2019 attempt to project the next...Continue Reading
Ethereum Blockchain- No Vacancy Buterin told the Toronto Star that “the Ethereum blockchain is almost full”, and warned that a big organisation joining would only make it fuller and push fees higher. His proposed fix was to move away from every computer verifying every transaction, so each node would check only a small share of...Continue Reading
GUESS WHOS BAKKT, BAKKT AGAIN In 2019 three forces shaped the Bitcoin market at once. Bakkt launched physically settled Bitcoin futures, Coinbase reported heavy institutional inflows, and the United States yield curve inverted for the first time since 2007. Here is what each signal meant then and what actually happened to Bitcoin in the years...Continue Reading
FEDERAL RESERVE BUILDING ON BLOCKCHAIN? The US Federal Reserve Board has announced it will create a service called FedNowSM, a payment network “…intended to advance public policy goals for faster payments and to help support the modernization of the nation’s payment capabilities”. While the announcement doesn’t specifically reference partners or blockchain, they do mention they’ve...Continue Reading
IS FACEBOOK BACKING OUT OF LIBRA? Libra & Facebook has had a less than ideal first few weeks in the spotlight. US Congress has made it abundantly clear that anything other than regulatory perfection from Calibra and Facebook would end with fines and legal proceedings. CNBC reported this week that Facebook admit the launch of...Continue Reading
BitMEX AND DR DOOM Earlier this week, US economist Nouriel Roubini aka Dr Doom (who was once described as a ‘Bitcoin sadist’), criticised Seychelles-based BitMEX for violating strict US regulations which prevent American citizens from trading on their platform. Roubini went so far as to accuse the platform of aiding in money laundering and referred...Continue Reading
TRUMP TWEETS Last week, bitcoin and cryptocurrency were thrust into the Twittersphere spotlight once again but this time thanks to Donald Trump who tweeted the below from his personal account. This is the first time a sitting American President has referenced publicly or even acknowledged cryptocurrency. It seems the news of Libra has unsettled the...Continue Reading
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