Dump

Blog tagged as Dump

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)

Telegram Founder Arrested

By Stormrake

The founder and CEO of Telegram Pavel Durov has been arrested in France.

Telegram initially created TON before handing it over to the TON foundation.

26.08.24 11:41 PM - Comment(s)

A Healthy Pull Back for a Bullish Structure

By Stormrake

Overnight we saw Bitcoin retest key support levels and stay above it, maintaining the bullish structure.

10.08.24 02:11 AM - Comment(s)

A 291 Day First for Bitcoin

By Stormrake

Finally, after a tough week for markets, Bitcoin and the rest of the Crypto industry have begun to show some major promise.

09.08.24 03:29 AM - Comment(s)

The Currency Trade That Crashed Global Markets

By Stormrake

Our April edition of the Rake Review included an educational piece on the standoff between the US Dollar and the Japanese Yen. Months ago, the Yen was at 30 year highs of 160 with interest rates of 0%. As predicted, an intervention occurred as the Yen was beginning to reach an unsustainable level.

...

08.08.24 04:50 AM - Comment(s)

The Rake Review: July 2024

By Stormrake

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 Spot Ethereum ETF is Here as is Mt Gox’s Repayments

By Stormrake

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?

By Stormrake

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

By Stormrake

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

By Stormrake

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 Rake Review: June 2024

By Stormrake

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)

Dump

Blog tagged as Dump

The Rake Review: August 2024

Telegram Founder Arrested

A Healthy Pull Back for a Bullish Structure

A 291 Day First for Bitcoin

The Currency Trade That Crashed Global Markets

The Rake Review: July 2024

The Spot Ethereum ETF is Here as is Mt Gox’s Repayments

Are We Back?

Tax Time with Stormrake & CryptoTax Calculator

Bitcoin is Below $60k..... No $55k..... DON'T PANIC

The Rake Review: June 2024

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