This week bitcoin hit a record price of $19,920; why, how, and what next, are an intriguing conundrum. Since the previous high, in 2017, crypto fans have been eagerly awaiting a much-hyped bull run. It is important to acknowledge the previous high was hardly a bed of roses for the early investors; whilst 2017 saw bitcoin go …
Read more “Katharine Wooller: Bitcoin Hits All-Time High – Why It Matters”
“A once-in-a-century pathogen would demand once-in-a-century solutions. An obvious place to start is to accelerate the inevitable shift toward digital payments” Contactless Cards The swift adoption of contactless payment has already started with Supermarkets such as Woolworths and Coles only accepting card transactions. The minimum limit has lifted from $100 to $200 to avoid any …
Cryptocurrency has been the financial “hot ticket’ of the last few years, experiencing explosive growth (and periodic crashes). It’s been possible to make (and lose) substantial sums of money over startlingly short time periods but few people stop to consider the tax implications. Here’s what you need to know about tax and cryptocurrency. How crypto …