Bitcoin surges above USD$15,000 and is closing in on record
Bitcoin soared more than seven per cent on Friday was trading above USD$15,000 (AUD$20,000) — its highest level in nearly three years
RBA partners with CommBank, NAB, Perpetual and ConsenSys Software on digital currency research
The Reserve Bank is partnering with Commonwealth Bank, NAB, Perpetual and ConsenSys Software to explore the potential use of a central bank digital currency
Bitcoin passes $20,000 AUD per coin for the first time since January 2018
Bitcoin exceeded $20,000 AUD at 9pm on Saturday 31st October on local digital currency exchange CoinSpot, the first time since January 2018.
Bitcoin goes mainstream as institutional ‘wall of money’ begins buying
Bitcoin is on track to hit US$1 million (A$1.4m) per coin in the next five years as a result of a wall of money looking to tap into Bitcoin appreciation.
Days of cash payments numbered as 19% of Aussie wallets go digital
New research shows that 19% of Australians – equivalent to about 3.7 million – now use digital wallets such as Apple Pay, Google Pay, and Samsung Pay.
PayPal to allow buying and selling of Bitcoin
Online payments platform PayPal will soon let its users buy, sell, and hold Bitcoin, Bitcoin Cash, Litecoin, and Ethereum on their accounts.
Square buys $50 million in bitcoin as part of larger investment in cryptocurrency
Payments platform Square has purchased US$50 million (AUD70m) in bitcoin, part of its larger investment in cryptocurrency
Where can you use bitcoin?
By using bitcoin as a way of paying transactions, the cryptocurrency may become a standardised way of paying for groceries or buying cars.
