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.
Cointree in pole position to capitalise on growing interest in cryptocurrency
The Melbourne-based cryptocurrency exchange Cointree is well-positioned to capitalise on the growing interest in cryptocurrency.
Startup Victoria receives funding boost
LaunchVic will provide funding to Startup Victoria to run a program for new and early-stage startup founders to survive and succeed beyond Covid-19.
1 million Bitcoin wallets are now being used every day
Bitcoin wallets are now being used over 1 million times daily for the first time since January 2018, according to data from analytics firm Glassnode.
Young investors are flooding into bitcoin in the pandemic, while the older generation can’t get enough of gold, a team of JPMorgan analysts said
JPMorgan analysts report that older investors are more inclined towards gold, while young investors are flocking to bitcoin.
Bitcoin vs. Gold – Is Bitcoin the digital gold?
This term mining is used because of Bitcoin’s similarity to gold, as both are scarce goods that cannot be produced by humans, only extracted.
