Bitcoin

Blog tagged as Bitcoin

Make Bitcoin Great Again! (It already is.)
Policy, Polls and Politics...this week is sure to be a BIG one! Between the upcoming US Elections and the Federal Reserve monetary policy meeting soon after, it’s going to be an action-packed week to say the least. Whether you’re rooting for the Democrats, Republicans or just spectating wi...
05.11.24 07:03 AM - Comment(s)
The Upcoming FED Pivot – It’s Time to Decide 
After many months of speculation, market game theory and heated discourse online – we’re now at decision time. The US FED are scheduled to meet early tomorrow morning and by the time you wake up and make that fresh coffee, looking at the daily market news we’ll have definitive action being taken on ...
19.09.24 05:04 AM - Comment(s)
We got the inevitable; what’s next for a Doveish FED and Bitcoin in 2025?
In last month’s article we wrote about Bitcoin being in a prolonged accumulation pattern, in which we expected to see more touches on both the bottom and top of its respective “Bull Flag” channels. Like clockwork, it turned out that our prudent approach of identifying opportunity in a “sea...
06.08.24 01:07 AM - Comment(s)
The Spot Ethereum ETF is Here as is Mt Gox’s Repayments
Another big day for cryptocurrency as the Ethereum Spot ETF was launched and eclipsed $1 billion of volume in its first day of trading. However, the net inflows of the ETF was just over $1...
24.07.24 09:09 AM - Comment(s)
Are We Back?
If someone asks what it feels like to be invested in crypto, show them the cover image. It's a perfect depiction of what being invested in cryptocurrency feels like. 

Not too long ago the entire crypto market was in a state of despair with fear being extremely high and Bitcoin looking like i...
16.07.24 07:58 AM - Comment(s)
Tax Time with Stormrake & CryptoTax Calculator
We have just finished the financial year here in Australia and it is during this time that we start receiving all the end of financial year statements required to complete your tax returns.

From a crypto investment standpoint, this is super simple for anyone who uses Stormrake for all their crypto tr...
12.07.24 05:46 AM - Comment(s)
Bitcoin is Below $60k..... No $55k..... DON'T PANIC
The bulls displayed a valiant effort over the last couple months defending the $60k USD level and not allowing BTC to stay below it. However, it seems as the pressure grew too strong and the dam finally gave in.

The selling pressure grew too much once Mt. Gox had moved test repayments to exchange...
05.07.24 02:31 AM - Comment(s)
The New AI Crypto Powerhouse - Artificial Super Intelligence 
For those who weren’t able to catch the recent June Rake Review (our monthly wrap up), a crucial section covered the upcoming merge of AI crypto tokens into ASI. Three of the largest AI tokens within the sector are merging into one and creating $ASI (Artificial SuperIntelligence Alliance), which cou...
03.07.24 07:51 AM - Comment(s)
BTC – An Intermission before the inevitable
As we quickly approach the mid-way point of 2024, it’s prudent not only to look back on how far we’ve come since the beginning of the year, but also to cast our gaze into the horizon as we venture off into the second half of the year with optimism. Looking at the grandfather off all crypto...
27.06.24 05:09 AM - Comment(s)
Is there a TON of opportunity in Toncoin
Everyone is always looking for the next altcoin gem, could this be TON? Whilst it has catapulted its way into becoming a top 10 cryptocurrency, it is yet to be listed on the largest crypto exchange in Binance. Will a Binance listing price push it further up the ranks?
14.06.24 07:19 AM - Comment(s)
Cryptocurrencies premature reaction to positive inflation data
An action packed night has drawn to a close with CPI numbers and the FOMC statement being released within hours of each other.  Both bulls and bears fought gallantly, however, the bears came out on top.

A clearer image of the above chart can be found here (tradingview: https://www.tradingview.co...

14.06.24 07:09 AM - Comment(s)
What's Wrong with Bitcoin?

As a cryptocurrency brokerage we are often seeing new clients come to us for alts. 


Hello, I'm new to Stormrake, can you buy Shiba, Akita, Dogwifhat, Kira the injective cat or HarryPotterObamaSonic10Inu Coin?


While its true that we can service a very large set of coins the question has to be aske...

04.06.24 12:33 AM - Comment(s)
Ethereum ETF likely to be approved

Is 2024 the year for cryptocurrency ETFs? As the SEC, once seen as the enemy of crypto, is on track to approve an Ethereum spot ETF.


Bloomberg ETF analysts have increased their odds of the spot Ethereum ETF to an approval chance of 75%. Prior to this news, the likelihood of approval was sitting at a ...

22.05.24 06:19 AM - Comment(s)
BTC The Calm Before the Storm!
In the last month since our February analysis, Bitcoin’s Price Action has been choppy to say the least. Whilst we’ve watched Bitcoin technically make a new All-Time-High in $USD, we’ve also been subject to much needed consolidation during this time period after reaching a temporary peak of $73,794, ...
13.04.24 11:51 PM - Comment(s)
BTC Blow-off! March 2024 Analysis
What a tremendous week we’ve seen in the markets in just a short span of time since our last
update two weeks ago on Bitcoin’s Price Action. There’s no denying that Bitcoin has defied short-
term expectations. It is reassuring to see that price has now not only just hit our previous target of
$59,000 f...
04.03.24 05:13 AM - Comment(s)
BTC Market Update

As of last week’s price analysis, we’ve since watched the battle of the bears & bulls, while it’s also been a week of stiff competition between both the Superbowl’s Chief’s and 49’ers, we’ve also witnessed a supercharged and energetic Crypto market. 


Fueled between the prospects of a potenti...

15.02.24 04:57 AM - Comment(s)
BTC The Battle of Bulls & Bears; a Price Analysis - February 2024

Bitcoin has seen tremendous bullish momentum since the beginning of 2023, rallying nearly 200% since the open of $16,530 as of Jan 1st 2023 until its recent high of $49,048 USD as at 11th of Jan 2024, erasing all the gains lost in the wake of the Luna and FTX insolvency fiascos and then some. The ye...

09.02.24 05:14 AM - Comment(s)
Everyone Gets the Bitcoin Price They Deserve: Timing & Conviction

In the rapidly evolving world of cryptocurrencies, Bitcoin stands out as a pioneering stalwart. But when it comes to buying Bitcoin, there's an old adage that goes, “Everyone gets the price they deserve." This phrase may sound philosophical at first, but it carries deep financial wisdom, especi...

02.08.23 02:28 AM - Comment(s)

Throughout history, gold has held a prominent place in human civilization, representing wealth, power, and stability. In the United States, the relationship between the government and gold has had its share of significant events, including the infamous "Great Gold Confiscation" in the 20th...

15.06.23 03:01 AM - Comment(s)

The recent lawsuits filed by the SEC against Binance and Coinbase have sparked discussions about the classification of cryptocurrencies as securities. The Howey Test, a legal framework used by the SEC to determine whether an investment qualifies as a security, plays a crucial role in these debates. ...

15.06.23 03:01 AM - Comment(s)

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