Only 3.5 million Bitcoin is traded worldwide; majority of BTC held long-term as digital gold
Only 3.5 million bitcoin or 19% of total circulating supply is actively traded, while the rest is being held long-term by investors as digital gold.
Australia’s DeFi Boom: Growing excitement as new projects launch
Australia is experiencing a DeFi boom, with leading derivatives project Synthetix joined by buzzy newcomers Thorchain, Ren and mSTABLE.
Kraken launches in Australia with AUD trading
One of the world’s largest cryptocurrency exchanges, Kraken, launches in Australia and clients can now fund their account and trade with AUD.
Little need for a centrally managed digital currency in markets like Australia: RBA
What additional purpose would a centrally managed digital currency serve that electronic money from financial institutions is not already serving?
Pandemic pushes central bank digital currencies into top gear
Coronavirus is accelerating the development of central bank digital currencies as it has prompted millions of people to turn to cashless payments.
As many as 36% of large investors own crypto assets, and bitcoin is the most popular, Fidelity says
More than one-third of large institutional investors hold crypto assets, and the most popular one is bitcoin, a recent survey showed.
Australians, New Zealanders can now use Bitcoin in vending machines
Vending machines operated by major Asia-Pacific soft-drink bottler and distributor Coca-Cola Amatil will now be accepting payments in crypto.
China’s digital currency could challenge Bitcoin and even the dollar
China has begun a pilot program for an official digital version of its currency—with the likelihood of a bigger test at the Beijing Winter Olympics in 2022.
