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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Has Bitcoin found a bottom? The largest crypto by market cap appears to be on the move, breaking up from $15,600 AUD and back above $16,000, a move of 6%. BTC is hunting to re-enter the range it held for much of August.
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Is it time for consolidation? In a quieter week by Bitcoin’s standards, the largest crypto by market cap ranged between $16,500 AUD and $16,100 until we finally got a decision on short-term direction, and in the last 24 hours, bitcoin has fallen beneath $16,000 AUD.
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In the week that was, bitcoin took out $17,000 AUD and reached as high as $17,400 giving hope that the market was heading much higher. In the last 24 hours though, bitcoin has fallen nearly 5% and back into the mid $16,000’s after a small rally.
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In the week that was, bitcoin attempted one last push at $17,000 AUD, but it proved a bridge too far, dropping over 6% in the last 48 hours to sit at $15,966 at the time of writing.
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In the week that was, bitcoin’s trajectory teased investors with another sudden break to the upside and $16,000 AUD looms as the level to break. At the time of writing, bitcoin sits at $15,760.
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We have recently partnered with BGL to enable seamless integration of cryptocurrency transactions into Simple Fund 360. Working with many SMSF customers and trustees, we understand the complexities
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The largest cryptocurrency by market cap has retreated into a narrow price channel after last week’s run to $13,600 AUD, and now finds itself flirting with the low $13,000 region.
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We are excited to announce that we are working with the team at CryptoTaxCalculator, to ensure tax time is a breeze for our members. As an Australian company, the team at CryptoTaxCalculator understand the unique tax preperation requirements of the ATO for cryptocurrency assets.
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The largest cryptocurrency by market cap has retreated into a narrow price channel after last week’s run to $13,600 AUD, and now finds itself flirting with the low $13,000 region.
Read more