Australians are investing in cryptocurrency like Bitcoin due to FOMO and its increasing value
One in four Australians are investing in cryptocurrencies like Bitcoin and Ethereum due to FOMO and their increasing values.
ACCC’s Sims warns on big bank fintech takeovers
The ACCC’s Rod Sims has warned big bank acquisitions of fintech challengers could stifle competition and deny consumers future benefits from innovation.
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 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.
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.
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
