Binance Launches Direct AUD Deposits For Australian Users
Binance, the world’s largest cryptocurrency exchange has just launched that Australian users can now deposit AUD directly onto the trading platform, to buy and sell cryptocurrencies. Binance first launched their exchange platform to the Australian market in July 2020, with the new AUD functionality being announced on Friday 9th August 2020. Australian traders are now able to directly fund their Binance trading accounts, and pay through their PayID system, which transfers from fiat currency almost instantly and is supported by over 100 Australian banking institutions. This new function by Binance now opens up the Australian cryptocurrency trading market to a …
‘Mortgage Holiday’ To Come To An End – The Next Move You Need To Make
At some point financial relief and what we know as a ‘mortgage holiday’ will come to an end, however, you do have options available to you to help you restructure your mortgage and set yourself up with a mortgage free holiday for the life of your mortgage. The Australian housing market and economy has taken a massive hit, one, which we have not experienced since the Great Depression. Since the outbreak of the Corona Virus the Australian economy and housing market has struggled, and now with a second wave hitting we can expect the economy to suffer for two to …
Governments Fail To Fuel Growth – Crypto Will Thrive In 2020
Global economic markets are failing worldwide and they are struggling to stimulate any positive growth. With increasing radical policies and ongoing weakening of national currencies, Bitcoin is fast becoming more and more appealing, and so it should be. Central Banks Are Promoting Cryptos Unintentionally Central banks on a global scale are cutting interest rates, and without even meaning to, they are pushing people towards cryptocurrencies. People have lost trust. The US central bank has recently slashed interest rates, with the Federal Reserve lowering its benchmark rate by 50 basis points. They are not alone, the Australia’s central bank has too …
TOM LEE: BTC To Hit Historic Highs By 2020
Founder of Fundstrat Global Advisors Tom Lee has predicted in an interview with CNBC on April 28 that cryptocurrency prices will hit new historic highs by 2020. During the interview, Lee anticipated that Bitcoin (BTC) is yet to complete its upward movement and will reach an all time high based on “11 signs that historically only take place in a bull market”. Lee further explained that three out of the 11 signs are already having a positive impact on BTC, indicating that the crypto winter has seen its end. These signs include Blockchain, technical indicators and trading volumes. In January …
BITCOIN MAKES 457% RETURN IN 2 YEARS – DOW LEFT FOR DEAD
If you invested in Bitcoin two years ago chances are your spending your returns to travel the world, eat out at expensive restaurants, buying holiday homes around the world or making further investments. In the last two years alone Bitcoin has made a return of more than 457%, outperforming the S&P 500, oil, gold and the Dow Jones. To Put things into perspective for you, below is what the other investments would have made you over the same two-year period. S&P 500 – 19.9% Gold – 1.3% Oil – 31% Dow Jones – 26% Bitcoin – 457% These large returns …
Bitcoin History Repeats Itself: Block Halving To Kick Start The Next Bull Run
BTC (Bitcoin) is set to halve in the year 2020 and for the serious investor who considers crypto currencies as a lasting asset, this block reward halving that is set to happen could not come at a better time. This event will fuel the upward spiral of the price of BTC making it a positive financial catalyst for all investors involved. Historically if we look at when BTC has been halved in the past we can see the same positive upward trend repeat itself. Halving’s are the most bullish events in BTC history. In November 2011 BTC was worth $2 …
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