Today we are excited to announce a major milestone for Australian exchanges. Cointree has secured significant strategic investment from Silicon-Valley-based data analytics company, Indica Labs Inc.
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After a weekend of Black Friday discount prices, Bitcoin - the largest cryptocurrency in the world rebounded to successfully establish a new record-setting price!
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Are we there yet? As each week passes, we inch closer to reaching the previous All-Time High price for Bitcoin of $27,000 AUD. In what appeared to be a choppy week, the largest cryptocurrency by market capitalization made a move to test the waters.
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Bitcoin’s rise continues! We are just over 3k away from a new Bitcoin all time high against the Australian Dollar. If Bitcoin can push another 15% higher, the largest crypto by market cap will reach the highest price in its history.
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In an exciting week for investors, Bitcoin led all markets, bursting through the rising channel and claiming a new multi-year high of $22,000 AUD.
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In the week that was, Bitcoin sensationally burst into the mid $19,000’s and had many thinking we would see a $20,000 BTC but it wasn’t meant to be.
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Bitcoin powers to new yearly highs above 18k! At the beginning of the week we caught a 6% rise that pushed BTC over $18,000 AUD and reached a weekly high of $18,628.
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Is Bitcoin ready for the Bull Market? A week of consolidation ended with a ripping Bitcoin breakout toward $17,000, and at the time of writing the leading cryptocurrency sits at $16,640 AUD.
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Stairway to heaven? In a wild week for Bitcoin investors, the largest crypto by market cap ripped through the $15,000 resistance level and reached a high of $16,200 at the time of writing.
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Is Bitcoin ready to make a big move? We saw another week of low volatility where the largest crypto by market cap ranged between $14,500 & $15,000 AUD - the holding pattern is likely due to events in the US that spooked markets across the board.
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As Bitcoin can so often do, the 4% gain we saw early in the week has now fully re-traced and it now finds itself at the key $15,000 AUD level, yet again. No matter the pull-back, the market is slowly grinding higher...but that too could turn quickly.
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