The Rake Review

Blog categorized as The Rake Review

The Rake Review: October 2024
October lived up to its ‘Uptober’ reputation, with Bitcoin making solid gains and setting the stage for potential new highs.
31.10.24 04:46 AM - Comment(s)
The Rake Review: September 2024
September was a month where both sides of the market were in control. Bears were dominating and looking to push BTC back below $50k early in the month, before a sharp reversal from the bulls on the anticipation of the first interest rate cut in over four years.
30.09.24 05:12 AM - Comment(s)
The Rake Review: August 2024
August is complete, and we are still trading within a range. We have been inside this pattern for 6 months, and we are still looking for a catalyst to take us higher. For those of you that are more visual, Austin Powers himself can show you what it feels like to be stuck in a range at times. For 6 ...
05.09.24 05:28 AM - Comment(s)
The Rake Review: July 2024
Safe to say July has been a notable month for Cryptocurrency and global events. Bitcoin went through a major sell off before politics took centre stage and assisted with a recovery. It was expected that a change in political sentiment would be positive for Bitcoin, but no one could have expected how...
01.08.24 06:02 AM - Comment(s)
The Rake Review: June 2024

Arguably the most impactful six months in Bitcoins’ history has come to a close. The long awaited approval and trading of the Spot Bitcoin ETF occurred within the first fortnight of the year. This momentum propelled BTC to new all time highs of $73,737.94 prior to the fourth Bitcoin Halving (the fir...

27.06.24 08:39 AM - Comment(s)
The Rake Review: May 2024

The ever changing crypto environment quickly moved on from the BTC halving and onto the highly anticipated Spot Ethereum ETF, which looks to be all but ready to go. As anticipated, Bitcoin experienced a somewhat slow and sideways month post halving. The month of May had seen the lowest volumes trade...

30.05.24 05:04 AM - Comment(s)
Bitcoin 2024 Halving Edition

The 4th Bitcoin halving has finally arrived, the 840,000th block has been mined. Is this where the fun begins or will we have to wait a little longer?

A clearer view of the image above can be found here: https://www.tradingview.com/x/hXx6mv9Y/

02.05.24 08:43 AM - Comment(s)
The Crypto Bull Market Playbook 

Just before we dive into this month's edition of The Rake Review, the Stormrake team which is currently hiring and expanding hopes you enjoyed the Easter break with your loved ones. As you may have noticed, our team has tripled in recent months and are still on the lookout for talented, passionate a...

01.04.24 06:51 AM - Comment(s)
A New Year of Hope & Actual Strategies

While we hope you enjoyed downtime during the holiday season and a lazy warm January, markets were buzzing with news and excitement. Crypto markets experienced multiple significant waves as massive players entered the market. We bring you another packed Rake Review to fill you in on the important...

31.01.24 09:49 AM - Comment(s)
2024: The Year of The Raging Bull

The year 2023 witnessed significant strides in the cryptocurrency market, characterized by both maturation and innovation. Amidst regulatory advancements, technological breakthroughs, and shifting investor sentiments, the industry demonstrated resilience and adaptability. This comprehensive research...

02.01.24 03:37 AM - Comment(s)
Your Lifeboat Is Waiting

Another great month for crypto draws to a close while the world outside makes less and less sense. Bitcoin is more than money, it is personal freedom. Bitcoin doesn't care about who you are and where you come from - It is for all of us so get on the lifeboat


Nov...

01.12.23 02:08 AM - Comment(s)
TV Killed the Radio Star

October (Uptober as its come to be known) was an incredible, action-packed month and Bitcoin led the crypto markets to prices not seen for well over a year hitting $35,000 USD. Interest in Bitcoin and crypto more broadly is up and greed is starting to beat fear. So much is happening and we will brea...

06.11.23 06:37 AM - Comment(s)
Insights From Australia's Most Innovative Crypto Brokerage Firm

Welcome to another monthly Rake Review as September finally ended and October (The best performing month - historically) can start. We've seen more big news and events and we will digest them for you below. 

Awards mean nothing and this one is no different. Your favourite Crypto Broker has been ...

03.10.23 08:29 AM - Comment(s)
Get Your Bitcoin While Your Bank Still Allows It.

Welcome to another Riveting Rake Review as August delivered on some volatility and news again. From Supply shocks, to Aussie Banking issues, to ETF's, to Russian Billionaires accidentally being blown up, we go around the world as Bitcoin quietly counts down to the next halving in April.

29.08.23 09:03 AM - Comment(s)
RBA Governor to be Replaced

Welcome to another jam packed Rake Review as July delivered on news and controversy again. From Central Banks, to Regional Banks, to BRICS, to China, to new listings that claim to be the answer "Worldcoin", we go around the world as Bitcoin quietly counts down to the next halving in April.

28.07.23 02:47 AM - Comment(s)

In an exciting turn of events, Bitcoin, the world's leading cryptocurrency, has crossed the $30,000 USD threshold yet again. This milestone comes as Bitcoin has only experienced a daily open above $30,000 on a mere 510 occasions out of its entire existence of 5,285 days. This recent sur...

22.06.23 06:36 AM - Comment(s)
SEC Declares War on Crypto Exchanges in the US

There are 2 weeks to go until the end of the Financial year in Australia. Are you ready with your tax strategy? We will discuss this later but first we have so much news in such a short period of time. The SEC is going to war with the largest crypto exchanges in the world while declaring more and mo...

16.06.23 04:44 AM - Comment(s)
Full Faith & Credit 

May 2023 proved to be a rollercoaster month in the world of economics and cryptocurrency. The (All Powerful & Mighty) United States, teetered on the brink of debt default. The debt ceiling was maxed and the Democrats and Republicans tussled for an agreement over raising the level of borrowing th...

31.05.23 05:55 AM - Comment(s)
Where are we in the Market Cycle?

April has been an interesting and volatile month (as we tend to have in crypto), with much industry news (discussed later) and market moves. Bitcoin is up around 8% for the month and the sentiment is more positive. So, it is a good time to ask ourselves where we are in the market cycle of crypto and...

28.04.23 07:23 AM - Comment(s)
Then They Fight You

A LOT of important things happened this month in markets, and we hope you’ll enjoy this month’s Rake Review as we cut through some of the economic jargon.  It is an important one and we've done our best to give high signal so we hope you enjoy.

High Level Events
  • The banking crisis continues but t...
31.03.23 05:23 AM - Comment(s)

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