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In case you missed it, the second crypto meltdown is underway a month after the implosion of the Terra stable coin, sent crypto markets tumbling. This crypto sell-off has claimed another casualty, ‘The Celsius Network’.

If there was one word to summarise the relationship between the big four banks and interest rates, it would be volatile. In March, the banks rallied after the Reserve Bank of Australia shifted its dovish rhetoric and signalled imminent rate rises to combat inflation. Now with the RBA acting on those increases by most recently passing a 50 basis point increase, big four shares are tumbling over themselves.

Speaking at the Financial Standard’s forum on the growth of Exchange Traded Products was a panel of three experts, Ganesh Balendran from ETF Securities, Dan Annan CEO of Cosmos Asset Management and William Spraggett distribution partner at 3iQ Digital Asset Management. The three discussed the rapid growth of cryptocurrency in Australia and the trends going forward.

Crypto can’t seem to catch a break, with prices plummeting yet again, as central banks including the RBA, continue hiking rates even higher.

From its infancy to now, the Exchange Traded Products (ETP) market has been growing exponentially, with 2021 becoming a record year for flows despite the COVID-19 pandemic. What started with about 126 products, has quickly grown to more than 266 products in the Australian market alone.

Both the Australian and US markets have seen a modest rebound towards the end of the week, however, it’s a little too early to say whether the sell-off is over. This week brokers have issued a series of upgrades and Buy recommendations.

It’s every Australian’s dream to win a division one jackpot. While your odds of that are pretty slim, you can now benefit from lotteries in another way. Last week The Lottery Corporation Ltd (ASX: TLC) – which owns brands including Tattslotto, Powerball and Ozlotto in addition to Keno outlets – was listed as a standalone…

Australia’s largest ETF provider, Betashares, has launched two new products designed to take advantage of the move to decarbonisation and renewable energy – BetaShares Solar ETF (ASX:TANN) and BetaShares Global Uranium ETF (ASX:URNM). The move comes just days after ETF competitor VanEck, announced it would launch a carbon credits ETF. The ETF will track the…

A rollercoaster wouldn’t do justice to the ride Appen Ltd (ASX: APX) shareholders have been on lately. In fact, it’s more like an avalanche, with a temporary reprieve on the way down. After missing internal and external forecasts over the past two years, the Appen share price is down a staggering 84%. In 2020 it…

Over the last few months, there’s been a lot of coverage on cryptocurrencies, namely Bitcoin, and its status as “digital gold.” The reason it is often referred to as “digital gold” is that bitcoin was seen to have been able to provide a store of value like gold. An uncorrelated asset won’t fall when the…

The shortage of infant milk formula (IMF) in the United States has become the number one issue facing families. Supply had already been under pressure for the past two years from pandemic induced logistic constraints. Then Abbott Laboratories (NYSE: ABT) – which supplies 50% of the US market – shut its manufacturing facility in Sturgis,…

If you’ve been following the Nickel price, you will have seen the craziness that took place in early March just after war broke out in Ukraine. The London Metal Exchange (LME) cancelled nickel trading after an unprecedented 250% price rise was triggered by Western sanctions against Russia. The price surged to hit US$101,365 a tonne,…