Bitcoin has broken through US$100,000. Now what?
This week on The Fin podcast, James Eyers on why Donald Trump is a crypto bro, whether Bitcoin’s price will stay at these record levels and how regulators are playing catch up. This podcast is sponsored by Aussie Broadband. Further reading:ASIC moves to expand its oversight of crypto and digital assetsThe corporate regulator’s new guidance outlines more than a dozen examples of how it intends to assess what is in – and out – of financial services laws.A bitcoin convention in Sydney rings crypto alarm bellsBitcoin is up almost 130 per cent this year and the US election result put a rocket under crypto. But there are still plenty of ways to lose money in an (unregulated) bull market.Bitcoin smashes through $US100,000 as traders eye ‘huge re-rating’Investors believe the change in attitude towards cryptocurrencies still hasn’t been priced in, making Thursday’s milestone just the beginning.See omnystudio.com/listener for privacy information.