Marvin Recinos

A prominent investor is standing by her bold prediction that bitcoin will reach $US1 million by 2030, despite the deepening fallout from the FTX collapse.Cathie Wood, founder and chief executive of Ark Invest, made the bullish prediction in…

The fallout from the collapse of FTX continues to cascade through the cryptocurrency market, with fears one of the industry’s biggest names is in financial strife.Speculation is swirling around the health of Digital Currency Group, a…

Bitcoin has suffered another brutal plunge to below $US17,000, bringing the cryptocurrency’s total losses to nearly 20 per cent in two days.The 10 per cent fall — from around $US18,650 on Wednesday morning to $US16,620 early Thursday — was…

Bitcoin will no longer be treated as a foreign currency for tax purposes under a sweeping change included in the federal budget. The government wants to clarify Australia’s treatment of digital currencies after El Salvador adopted bitcoin…