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Showing posts from July, 2020

Bitcoin breaks down the World Bank

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Bitcoin breaks US$11,000 as gold hits record high and dollar drops Celia Burger Posted: 28 July 2020 8:55 pm With scarcity in short supply, markets are looking for something they can count on. Over the course of its life, Bitcoin has broken above US$10,000 maybe a dozen times depending on which prices you use. But it's only broken $11,000 on a handful of occasions. Bitcoin has always tended to run into resistance at around $10,500, so the consensus among most experts is that the real fun doesn't begin until Bitcoin makes it past that. Now that that's happened, we can see that they were right – it is fun. The $10,000 range has historically been a...

Cryptocurrency launches in Australia

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Cryptocurrency  launches in Australia Celia Burger Posted: 29 July 2020 4:27 am Australians have a new cryptocurrency ecosystem in the backyard. Binance, one of the world's largest cryptocurrency exchanges by volume and user count , has made its full launch in Australia. As of today, Australian users can sign up for Binance to buy and sell cryptocurrency with AUD. There will be no fees for AUD deposits or withdrawals, fees start from 0.1% and the usual 25% fee discount for BNB users will be available. It's reasonable to assume that spreads, which are often one of the b...