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Payments platform Square has purchased US$50 million (AUD70m) in bitcoin, part of its larger investment in cryptocurrency
Today’s Cash Rate is the lowest in Australian history. Where will Aussies find their next ‘savings safe haven’?
There is little chance of a rapid bounce back into black as the RBA have today announced their decision to maintain the record low Interest Rate of 0.25%.
The deal with Flexepin (a subsidiary of payments company Novatti) expands FastBitcoins’ coverage to some 20,000 point-of-sale locations in Australia.
Institutional investors believe pension funds, insurers, family offices and wealth funds will increase their level of investment in cryptocurrencies.