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Category Archives: Australia Trading

Commonwealth Bank to allow Crypto Trading for Aussies, but will other financial institutions follow?

crypto aust

The CBA stated that it will support 10 crypto assets in its banking app, including Bitcoin, Ethereum, Bitcoin Cash and Litecoin. The Commonwealth Bank of Australia (CBA) is set to launch crypto trading services for the 6.5 million users of its CommBank app. The CBA will become the first bank in Australia to support crypto, […]

Thinking about trading in November? Well, Institutional Managers bought $2B worth of Bitcoin in October

Institutional managers Crytocurrency scaled

Institutional inflows into Bitcoin (BTC) products picked up sharply in October, underscoring renewed bullish sentiment surrounding the flagship cryptocurrency.  Crypto investment products saw inflows totaling $288 million for the week ending Oct. 31, with Bitcoin accounting for $269 million, according to CoinShares’ weekly flows report. Institutional demand for BTC has been picking up gradually over the […]

Cardano (ADA) is getting the Hydra upgrade with a current standing of 2 million wallets

Cardano Hydra Upgrade

It’s been barely half a year since Cardano’s network hit the 1 million wallets mark. In a tweet posted by the Cardano Foundation on Monday, the number of Cardano (ADA) wallets has surpassed the 2 million mark. The network reached the previous milestone of 1 million ADA wallets on May 22, 2021. ?OVER 2 MILLION ADA WALLETS?️ It wasn't […]