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.
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
Today’s Cash Rate is the lowest in Australian history. Where will Aussies find their next ‘savings safe haven’?
There is little chance of a rapid bounce back into black as the RBA have today announced their decision to maintain the record low Interest Rate of 0.25%.
Raiz Super reaches $70 million
Raiz Super has now reached over $70m. Raiz users can invest in the six Raiz portfolios for your superannuation as you would for your investment account.
Institutional investors tipped to raise crypto exposure
Institutional investors believe pension funds, insurers, family offices and wealth funds will increase their level of investment in cryptocurrencies.
Australia recognised as “strong fintech hub” globally
Australia is showing itself to be a strong fintech hub globally, with solid investments in H1’20 despite rising pandemic concerns
x15 calls for start-ups to help young Australians get ahead
Investment vehicle x15ventures has launched its second Xccelerate pitch event, this time with a focus on helping young Australians get ahead financially.
