Table of contentsHow to buy Bitcoin and crypto with your Bank of China account Create your account Deposit funds from Bank of China Buy Bitcoin and crypto; Frequently asked questions Bank of China customers in Singapore can securely buy Bitcoin and crypto by making transfers to reputable exchanges such as Independent Reserve, one of Singapore’s […]
Crypto markets surged after US Federal Reserve chair Jerome Powell's Jackson Hole speech, which renewed optimism for interest rate cuts ahead. The US stock market hit its highest valuation in history, surpassing the Dot-Com bubble and the lead-up to the Great Depression. While Solana, Dogecoin, and BNB jumped higher after the speech, all eyes were on Ethereum, which hit a new all-time high of A$7,641/ US$4,953 for the first time since 2021.
Table of contentsHow to buy Bitcoin and crypto with your Maybank account Create your account Deposit funds from Maybank Buy Bitcoin and crypto; Frequently asked questions Maybank customers in Singapore can securely buy Bitcoin and crypto by making transfers to reputable exchanges such as Independent Reserve, one of Singapore’s longest-running and most trusted cryptocurrency exchanges. […]
ubank customers in Australia can securely buy Bitcoin and crypto by making transfers to crypto exchanges such as Independent Reserve, one of Australia’s longest-running and most trusted cryptocurrency exchanges. This guide walks you through creating an account, depositing funds, and purchasing Bitcoin, along with ubank’s policies on crypto transactions, and tax considerations.
When you deposit native gas tokens (e.g., ETH on Ethereum, AVAX on Avalanche, or HYPE on HyperLiquid) into your Independent Reserve account, the way you send it matters. Deposits using the native “transfer” function are automatically credited. Internal transfers or transfers using smart contracts may not automatically be credited to your account and may be unrecoverable. We recommend starting with a small test deposit to your Independent Reserve deposit address if you are unsure whether your sending platform’s transaction will be routed via a smart contract or not. If your deposit isn’t credited to your account within 24 hours, or you can see on the blockchain explorer that your transfer is in the “Internal transfers” tab, please contact us via the support screen of your account.
Table of contentsHow to buy Bitcoin and crypto with your HSBC account Create your account Deposit funds from HSBC Buy Bitcoin and crypto; Frequently asked questions HSBC customers in Singapore can securely buy Bitcoin and crypto by making transfers to reputable exchanges such as Independent Reserve, one of Singapore’s longest-running and most trusted cryptocurrency exchanges. […]
Table of contentsHow to buy Bitcoin and crypto with your CIMB account Create your account Deposit funds from CIMB Buy Bitcoin and crypto; Frequently asked questions CIMB customers in Singapore can securely buy Bitcoin and crypto by making transfers to reputable exchanges such as Independent Reserve, one of Singapore’s longest-running and most trusted cryptocurrency exchanges. […]
Table of contentsHow to buy Bitcoin and crypto with your Standard Chartered account Create your account Deposit funds from Standard Chartered Buy Bitcoin and crypto; Frequently asked questions Standard Chartered customers in Singapore can securely buy Bitcoin and crypto by making transfers to reputable exchanges such as Independent Reserve, one of Singapore’s longest-running and most […]
After an impressive run up to a new all-time high for Bitcoin of US$124,457/A$191,680, markets pulled back, causing much wailing on the weekend as some assumed it was all over. The US producer price index had come in hot at 3.3%, dampening expectations for an interest rate cut in September. However, crypto’s fundamentals are looking healthy, with Bitcoin's 200-day moving average now above the US$100K/A$154K mark for the first time, and BTC accounting for 1.7% of the global money supply. Bitcoin finishes the week down 1.5% to trade around US$116,956/A$180,439. Ethereum also got within 2% of a new all-time high (US$4878/A$7532) before buyers lost their nerve. It has held above the US$4100/A$6315 resistance it was under for four years, and the ETH supply on exchanges is down to just 12%. Ethereum finishes the week up 3.8% to trade around US$4377/A$6754. Leveraged ETH shorts are also at an all-time high as many expect the price to fall. However, with billions flowing in from ETH treasury companies, the high leverage could lead to a short squeeze upwards if they’ve miscalculated. Other notable moves include Solana, up 6% for the week, and Cardano, up 20.8%. Searches for ‘altcoin’ have hit the highest level since 2021. The Crypto Fear and Greed Index is at 60, or Greed.
Altcoins, short for “alternative coins”, are all the other cryptocurrencies that aren’t Bitcoin. While Bitcoin remains the original and most well-known crypto asset, altcoins bring new features, use cases, and technology to the table. Understanding Bitcoins and Altcoins What is Bitcoin? What are Altcoins? Platform coins (Layer 1s) Stablecoins Utility tokens Governance tokens Meme coins; […]
Table of contentsHow to buy Bitcoin and crypto with your Citibank account Create your account Deposit funds from Citibank Buy Bitcoin and crypto; Frequently asked questions Citibank customers in Singapore can securely buy Bitcoin and crypto by making transfers to reputable exchanges such as Independent Reserve, one of Singapore’s longest-running and most trusted cryptocurrency exchanges. […]
Bitcoin came within a whisker of breaking its all-time high in US$123,091 yesterday, with some Bitcoiners claiming it has already surpassed the ATH in AUD due to fluctuations in the exchange rate. Bitcoin finishes the week up 2.8% to trade at US$118,729. But all eyes are on Ethereum's revenge arc back to 2021 prices after two years of bearishness and FUD. ETH is currently up 13.4% for the week to trade around US$4,216. Ethereum's big move on the weekend led to much discussion of a rotation into altcoins, but with 20,000 new coins being created per day, not everything is set to benefit. Analyst Miles Deutscher is calling for a "mini alt season"; however, the CMC Altcoin Season index has been ranging between 29 and 43, so it’s not happening just yet. In potentially worrying macro news, more than 90% of fund managers surveyed by the Bank of America think US stocks are overvalued. There was a massive outflow from US crypto ETFs on Monday last week, but the Ether ETFs recovered to take US$327.6 million for the week, while the Bitcoin ETFs took US$253.2M. BlackRock dashed hopes for an imminent new altcoin ETF by saying, "At this time, BlackRock does not have any plans to file an XRP or SOL ETF." The Crypto Fear and Greed Index is at 70, or Greed.
