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Australia’s Block Earner Secures ASIC Credit Licence in Major Boost for Crypto Lending

Block Earner has secured an Australian Credit Licence from ASIC, becoming the first digital asset platform in Australia allowed to directly provide regulated crypto-backed credit products under its own licence. The Sydney-based fintech says the approval creates a regulated pathway for Australians to use cryptocurrency holdings as collateral for lending products, including home loans. The company already claims more than $500 million in mortgage demand through its waitlist service. The licence approval follows Block Earner’s major court victory against ASIC last year and comes as Australia prepares broader reforms for the country’s growing digital asset and cryptocurrency sector.

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Bitcoin Hits US$80,000 as Asian Stocks Near Record Highs

Bitcoin climbed above US$80,000 on Monday morning for the first time since January 31, rising 1.9 per cent to US$80,393 as Asian stocks approached record highs. The rally was driven by strong technology earnings, US$630 million in Bitcoin ETF inflows on Friday, and growing optimism around US stablecoin legislation and Senate crypto regulation. Bitcoin hit a record of over US$126,000 in October last year before falling to US$60,000 in February. Markets are also digesting mixed signals from the Middle East, with Trump saying the US will guide ships through the Strait of Hormuz while Iran warned against interference.

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Bitcoin Reaches 12-Week High on Iran Deal Optimism

Bitcoin surged to its highest level since January on April 27, 2026, reaching US$79,488 following reports of a new peace proposal to reopen the Strait of Hormuz. The 16% gain in April is underpinned by a massive 3.9 billion purchase by MicroStrategy and a doubling of spot ETF inflows compared to March. While the geopolitical news has sparks a rally across risk assets, analysts warn that the US80,000 threshold could trigger significant selling pressure as traders reach their breakeven points. Nevertheless, the combination of institutional accumulation and diplomatic hope has placed the cryptocurrency on track for its best monthly performance in nearly a year.

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Crypto - Learn how crypto, NFTs, and Web3 founders are creating a wave of new self-made millionaires as digital ownership grows and barriers fall.

How Crypto Is Creating a New Generation of Entrepreneurs in Australia: What’s Changing in 2026

According to reports, cryptocurrency has created around 172,300 millionaires worldwide-nearly double what it was in the past year. Early Bitcoin adopters like Brian Armstrong, on the other hand, made multibillion-dollar fortunes by betting on it early and creating the platforms the industry depends on today. NFT artists like Beeple, whose work sold for $69 million, and FEWOCiOUS, who made $18 million as a teenager, showed the world how powerful digital art could be for creators. Web3 startups raised roughly $2 billion across some 300 deals in Q3 2024, with Sorare alone bringing in $739 million. Token-based communities can share profit more broadly, but crypto is, by nature, a highly volatile space. In the end, success will come from understanding the technology, remaining compliant, being in it for the long term, and focusing on real value instead of hype.

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Crypto - Explore how crypto removes old financial barriers with DeFi, stablecoins, and tokenisation, giving founders new ways to build and grow.

The Future Of Money: How Crypto Is Reshaping Global Entrepreneurship

Five years ago, sending money across borders meant waiting days. Founders trying to raise money overseas spent weeks dealing with paperwork. And if you lived in a developing country, reaching global customers felt almost impossible. That world is disappearing fast. Today, a stablecoin can move from Nairobi to New York in seconds. A DeFi app…

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