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...
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...
The Spot Ethereum ETF has been approved! It's great news for all those already invested in Ethereum and those who are looking to enter the cryptocurrency space. Less than a week ago, the chances of approval were extremely bleak at a mere 25% (According to Bloomberg analysts). These odds ro...
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 ...
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/
Stormrake is thrilled to announce that it is offering a 50% discount on brokerage fees for Bitcoin trades above $10,000. All eligible buys, sells and swaps can participate to celebrate the historic 4th Bitcoin Halving.
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...
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...
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...
This morning, The U.S Security and Exchanges Commission (SEC) approved the rule changes that allows a spot Bitcoin ETF to be listed and traded. 11 individual funds have received approval. This landmark decision marks a pivotal moment in the cryptocurrency space, opening up access for old money to fl...
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 ...
By Stormrake
The United States District Court of Appeals has just ruled in favour of Grayscale Investments in a pivotal lawsuit against the Securities and Exchange Commission (SEC). The lawsuit centred around Grayscale's attempt to launch a Bitcoin spot ETF, which the SEC had initially denied. This landmark deci...
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.
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