Bitcoin price prediction: Cryptocurrency could reach $188,000 as Millennials invest
Bitcoin could keep rising to astronomical figures and be the next safe-haven asset to rival gold, according to JPMorgan.
Price of Bitcoin reaches all-time high in 2020
The price of Bitcoin has grown four times from nearly US$5,000 in March 2020 to an all-time high of over US$20,000 in December 2020.
Almost one in five Australians now own cryptocurrency
The Independent Reserve Cryptocurrency Index shows 78% of the survey respondents who did own cryptocurrency in 2020 said they were breaking even or better.
Bitcoin surge analysis from Binance Australia
Thanks to inflation, bitcoin has reached record highs of more than AUD $27k on 1 December 2020, surpassing 2017’s all-time high (ATH) of $26.5k.
Bitcoin over gold: Why millennials want the cryptocurrency
Surging value and growing acceptance amongst millennials suggests that Bitcoin could play heavily in the ‘new normal’ as it challenges gold.
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Ripple’s XRP surges 70% as Bitcoin craze sends investors flocking to smaller cryptocurrencies
The top cryptocurrencies have gained price momentum over the last week. Ethereum has gained 30% and Bitcoin by 8%, but XRP has led the way with a 70% jump.
A digital revolution: Australian Fintech secures first crypto IPO
The crypto IPO by STAX is the first in Australia to raise IPO funding via cryptocurrency, meeting tight Australian regulatory standards.
