The Rake Review

Blog categorized as The Rake Review

The Rake Review: June 2024

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 Jun 2024 06:39 PM - Comment(s)
The Rake Review: May 2024

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...

30 May 2024 03:04 PM - Comment(s)
Bitcoin 2024 Halving Edition

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/

02 May 2024 06:43 PM - Comment(s)
The Crypto Bull Market Playbook 

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...

01 Apr 2024 05:51 PM - Comment(s)
A New Year of Hope & Actual Strategies

While we hope you enjoyed downtime during the holiday season and a lazy warm January, markets were buzzing with news and excitement. Crypto markets experienced multiple significant waves as massive players entered the market. We bring you another packed Rake Review to fill you in on the important...

31 Jan 2024 08:49 PM - Comment(s)
2024: The Year of The Raging Bull

The year 2023 witnessed significant strides in the cryptocurrency market, characterized by both maturation and innovation. Amidst regulatory advancements, technological breakthroughs, and shifting investor sentiments, the industry demonstrated resilience and adaptability. This comprehensive research...

02 Jan 2024 02:37 PM - Comment(s)
Your Lifeboat Is Waiting

Another great month for crypto draws to a close while the world outside makes less and less sense. Bitcoin is more than money, it is personal freedom. Bitcoin doesn't care about who you are and where you come from - It is for all of us so get on the lifeboat


Nov...

01 Dec 2023 01:08 PM - Comment(s)
TV Killed the Radio Star

October (Uptober as its come to be known) was an incredible, action-packed month and Bitcoin led the crypto markets to prices not seen for well over a year hitting $35,000 USD. Interest in Bitcoin and crypto more broadly is up and greed is starting to beat fear. So much is happening and we will brea...

06 Nov 2023 05:37 PM - Comment(s)
Insights From Australia's Most Innovative Crypto Brokerage Firm

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 ...

03 Oct 2023 07:29 PM - Comment(s)
Get Your Bitcoin While Your Bank Still Allows It.

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.

29 Aug 2023 07:03 PM - Comment(s)
RBA Governor to be Replaced

Welcome to another jam packed Rake Review as July delivered on news and controversy again. From Central Banks, to Regional Banks, to BRICS, to China, to new listings that claim to be the answer "Worldcoin", we go around the world as Bitcoin quietly counts down to the next halving in April.

28 Jul 2023 12:47 PM - Comment(s)

In an exciting turn of events, Bitcoin, the world's leading cryptocurrency, has crossed the $30,000 USD threshold yet again. This milestone comes as Bitcoin has only experienced a daily open above $30,000 on a mere 510 occasions out of its entire existence of 5,285 days. This recent sur...

22 Jun 2023 04:36 PM - Comment(s)
SEC Declares War on Crypto Exchanges in the US

There are 2 weeks to go until the end of the Financial year in Australia. Are you ready with your tax strategy? We will discuss this later but first we have so much news in such a short period of time. The SEC is going to war with the largest crypto exchanges in the world while declaring more and mo...

16 Jun 2023 02:44 PM - Comment(s)
Full Faith & Credit 

May 2023 proved to be a rollercoaster month in the world of economics and cryptocurrency. The (All Powerful & Mighty) United States, teetered on the brink of debt default. The debt ceiling was maxed and the Democrats and Republicans tussled for an agreement over raising the level of borrowing th...

31 May 2023 03:55 PM - Comment(s)
Where are we in the Market Cycle?

April has been an interesting and volatile month (as we tend to have in crypto), with much industry news (discussed later) and market moves. Bitcoin is up around 8% for the month and the sentiment is more positive. So, it is a good time to ask ourselves where we are in the market cycle of crypto and...

28 Apr 2023 05:23 PM - Comment(s)
Then They Fight You

A LOT of important things happened this month in markets, and we hope you’ll enjoy this month’s Rake Review as we cut through some of the economic jargon.  It is an important one and we've done our best to give high signal so we hope you enjoy.

High Level Events
  • The banking crisis continues but t...
31 Mar 2023 04:23 PM - Comment(s)
Narratives Fade But Bitcoin is Forever
As summer draws to a close we’re excited to share some positive news from the world of crypto. February saw Bitcoin hit a new 2023 high as sentiment did likewise. We are trending sideways, however those that bought BTC sub $20,000 USD & ETH sub $1,300 USD are now laughing. They have effectively ...
28 Feb 2023 01:53 PM - Comment(s)
Dissecting The Crypto Market Surge of 2023
It brings us great pleasure to write this Rake Review on a positive note after...
31 Jan 2023 02:26 PM - Comment(s)
Happy Holidays From Stormrake
Firstly, a huge thank you to you, our readers and of course our loyal clients. We do it for you and we can’t do it without you. Thank you for sticking with us through thick and thin. It’s been on the thin end this year but there is still hope of a turnaround next year. The good news is that if you s...
21 Dec 2022 11:46 AM - Comment(s)
Understanding Paper Bitcoin 
We all know that the amount of physical Gold in the world is dwarfed by the amount of paper Gold. Paper Gold is derivatives (futures and forwards) but also gold certificates and gold deposit paper. Essentially, someone else holds your gold and you think you own it.

I have no issue with derivatives be...
30 Nov 2022 04:00 PM - Comment(s)

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