ETH and all ERC20 tokens deposits and withdrawals re-enabled

2 Jan 2020 21:30

ETH and all ERC20 tokens deposits and withdrawals re-enabled


ETH and all ERC20 tokens deposits and withdrawals disabled

2 Jan 2020 16:30

ETH and all ERC20 tokens deposits and withdrawals disabled


Scheduled Maintenance Complete – All systems operational

8 Dec 2019 17:00

Scheduled Maintenance Complete – All systems operational

In the Media

Press release: Study finds Australians believe cryptocurrency is an opportunity of a generation

12 Nov 2019 12:00
Independent Reserve team

More than 50% of Australian under the age 40 will own crypto in 5 years

The launch of the inaugural Independent Reserve Cryptocurrency Index (IRCI) has found Australians believe that cryptocurrency will inevitably be part of everyday life – and are rushing to stock up.

The study found that Australians have a positive outlook on the future of digital currencies, with as many Australians owning crypto (17%) as those who own two investment properties in Australia (17%)1.

Key findings:

  • As many Australians own crypto (17%) as those who own more than one investment property (17%)2
  • Nearly half of crypto investors spend $100 or less per month (47%)
  • Nearly a third of regular investors spend $100 to $500 per month on cryptocurrency
  • Majority of Australians (under the age of 44) believe crypto will be widely accepted by people and businesses
  • In five years, the majority of millennials and Gen-Z's will own crypto
  • A quarter of all respondents under the age of 44 are considering using their superannuation to purchase crypto
  • Bitcoin is the most recognised and owned of all digital currencies in Australia

Bitcoin is the new property market

Talking about house prices and property investing is a national pastime but investing in Bitcoin and… click for more

Press release: Study finds Australians believe cryptocurrency is an opportunity of a generation


Dollar Cost Averaging Crypto on Independent Reserve

31 Oct 2019 10:00
Nicholas Fletcher, Customer Experience Officer

Independent Reserve has recently released a new feature called AutoTrader. AutoTrader allows you to create automated trading strategies.

Our first strategy: AutoBuy on Deposit allows you automatically buy crypto each time you deposit money. Paired with a scheduled bank transfer, it allows you to regularly buy crypto (daily, weekly, monthly, etc) without lifting a finger.

How AutoBuy benefits you

Regularly purchasing crypto allows you to dollar cost average (DCA) your Bitcoin and other crypto purchases.

Benefit of dollar cost averaging your crypto purchases:

  • You don't have to worry about trying to time the market
  • You buy smaller parcels of crypto, limiting your exposure to the volatility … click for more

Dollar Cost Averaging Crypto on Independent Reserve


Press Release: Smart Money Floods Into Crypto

9 Oct 2019 10:00
Nicholas Fletcher, Customer Experience Officer

New figures show generational shift indigital asset trading

Australia's leading cryptocurrency exchange Independent Reserve reveals rising levels of Baby Boomer & Generation X interest in digital currencies

Key highlights:

  • The 45+ age group jumped from 22% of overall users in 2017 to 29% in 2019
  • There’s been a large down shift (as a percentage) from Gen-Z/Millennials to Gen-Xers
  • While participation from post millenials (18-24) dropped by 2% from 2017 to 2019, retirees (65+) jumped by 2%
  • Trading activity has doubled among retirees (65+) since January this year

Source: Independent Reserve

Changing demographics

While millennials are often touted as the most 'tech-savvy' of the generations, Gen-Xers and Baby Boomers are catching up when it comes to getting amongst the crypto action.

Adrian Przelozny, CEO and founder of Independent Reserve said the platform's latest data revealed that the average crypto investor is transforming from early technology adopters to… click for more

Press Release: Smart Money Floods Into Crypto


Scheduled maintenance and Ethereum Classic listing

25 Jul 2019 15:30
Nicholas Fletcher, Customer Experience Officer

We are excited to announce the imminent launch of Ethereum Clasic, our 14th listed cryptocurrency. Ethereum Classic is very similar to Ethereum, in that it is a smart contracts platform with an attached cryptocurrency. It uses same wallet address format as Ethereum, has the same blocktime as Ethereum, but uses the ETC ticker code. Ethereum forked off from Ethereum Classic in July of 2016. You can read more about Ethereum Classic on their project site.

We will be releasing this with an introductory brokerage fee of 0.1% (for ETC only), this will last for two weeks so ensure you get your trades in early!

Timing:

We will be performing system maintenance and upgrades on Sunday 24th July at 2pm Sydney time. We expect this to last approximately 4 hours and during this time you will not be able to access your Independent Reserve account. Once this completes, deposits and withdrawals will be enabled for ETC. Trading … click for more

Scheduled maintenance and Ethereum Classic listing


Independent Reserve wins Cryptocurrency Exchange of the Year award

24 Jul 2019 09:00
Nicholas Fletcher, Customer Experience Officer

Independent Reserve has won a top prize at this year's inaugural Australian Blockchain Industry Awards, taking out Digital Currency Exchange of the Year.

Adrian Przelozny, CEO and founder of Independent Reserve, said it was an honour to be recognised among a field of strong and distinguished entrants.

"It's a real privilege to stand alongside some of the incredible innovators in this year's Australian Blockchain Industry Awards. Winning Digital Currency Exchange of the Year is testament to the hard work and consistent effort our team has put in to making Independent Reserve the top tier exchange that it is today. I'm extremely proud of what we've achieved so far, and I look forward to progressing this further."

The win follows a succession of strategic partnerships and exciting business growth for the leading cryptocurrency exchange in recent times.

"With cryptocurrency markets growing at a rapid… click for more

Independent Reserve wins Cryptocurrency Exchange of the Year award


Independent Reserve's 6th Anniversary

13 Jun 2019 15:00
Adrian Przelozny, CEO

Today is Independent Reserve’s 6th anniversary.

When Independent Reserve was launched in 2013, the team set out to provide the best platform for Australians to securely trade and hold cryptocurrencies. Over the last 6 years, the team has enabled over 100,000 clients to invest in cryptocurrencies with strong confidence through our approach and expertise.

Throughout the journey, we've kept our focus on creating a customer-centric business which seeks to give customers what they want at scale. We believe this is crucial for the business to be market leading and sustainable.

Since Independent Reserve's inception, the company has stayed busy working with regulators and building out custody solutions. The exchange now lists 13 currencies on the platform, up from only three last year. We have launched a tax tool co-developed with KPMG to help our customers easily estimate their tax obligations. Additionally, we became the first crypto exchange in … click for more

Independent Reserve's 6th Anniversary


CEO Adrian's interview with Stockhead

24 May 2019 15:00
Independent Reserve

If you're still watching the crypto markets, then this will come as old news: Bitcoin has been on a tear.

The world's largest crypto has recently doubled in value to top out above the $US8,000 mark.

And it's separated itself from the pack a bit, compared to the 2017 craze when Bitcoin and other major alt-coins surge to all-time highs.

Adrian Przelozny, CEO of local crypto exchange Independent Reserve, has had a front row seat for the recent market activity following an extended period of lower volatility.

While markets were quieter, the company stayed busy working with regulators and building out custody solutions. It now lists 13 currencies on the platform, up from only five last year. Stockhead spoke to Przelozny to get an update on his views around the market, and the near-term outlook for his company.

For starters, the latest rally gives rise to an obvious question for many traders and market observers; what's causing it?

Scarcity factor

click for more

CEO Adrian's interview with Stockhead


Osko / PayID deposits now available

14 May 2019 12:00
Nicholas Fletcher, Customer Experience Officer

Independent Reserve is pleased to announce customers can now make deposits using the Osko / PayID system. Osko allows you to make near instant deposits from an Australian bank account, so no more waiting a day or two for your deposit to show up! Note: a small percentage of deposits will be delayed by the banks.

Make sure any deposits you make has your unique reference code in the message or description. This will appear differently depending on your bank.

Deposits above AU$ 500 are free. See HERE for more information.

Osko / PayID deposits now available


Scheduled maintenance and new coin listings

9 May 2019 14:00
Nicholas Fletcher, Customer Experience Officer

We are pleased to announce the launch of 3 new ERC20 tokens:

  • Basic Attention Token (BAT)
  • Augur token (REP)
  • Golem Network Token (GNT)

What is Basic Attention Token?

BAT, or Basic Attention Token, is an ERC20 token that is built to address inefficiencies in online advertising. Instead of users being subjected to ads while they browse, they can pay BAT tokens to content creators, or alternatively watch ads in return for BAT tokens. Participants in this ecosystem would use the Brave browser. To read more about the browser and BAT (Brave Rewards), see here.

What is Augur?

Augur is a decentralised prediction market that leverages crowd perception on an event. Prediction markets have existed for a while, however Augur is the first decentralised one, allowing an event's outcome to be decided by the "crowd", as opposed to a centralised authority like in a… click for more

Scheduled maintenance and new coin listings


Easter/ANZAC day fiat deposits and withdrawals

16 Apr 2019 17:00
Nicholas Fletcher, Customer Experience Officer

Please be aware that over the Easter and ANZAC day break there will be an impact to fiat (AUD, USD, NZD) deposits and withdrawals.

As Friday 19th, Monday 22nd, and Thursday 25th are all public holidays, banking deposits and withdrawals will be delayed around these days due to the banks halting processing. We recommend making deposits and withdrawals ahead of time, or for deposits you can use POLi for instant transfers.

Easter/ANZAC day fiat deposits and withdrawals


Scheduled maintenance and Stellar listing

4 Apr 2019 14:30
Nicholas Fletcher, Customer Experience Officer

We are excited to announce the imminent launch of Stellar, our 10th listed cryptocurrency. Stellar is a platform aimed at making cross country and currency transfers easier, cheaper, and quicker. Stellar shares a lot with Ripple XRP, and was originally forked from the XRP code base back in 2014. Stellar's native currency is called the Stellar Lumen, and uses the ticker XLM. You can read more about Stellar on their project site.

We will be releasing this with an introductory brokerage fee of 0.1% (for Stellar Lumens only), this will last for two weeks so ensure you get your trades in early!

Timing:

We will be performing system maintenance and upgrades on Sunday 7th April at 2pm (AEST - note the 7th is the first day of non-daylight saving time!). We expect this to last approximately 4 hours and during this time you will not be able to access your Independent Reserve account. Once this completes, deposits… click for more

Scheduled maintenance and Stellar listing


Scheduled maintenance and EOS listing

20 Mar 2019 14:30
Nicholas Fletcher, Customer Experience Officer

We are excited to announce the imminent launch of EOS, our 9th listed cryptocurrency. EOS is a blockchain technology that enables the development and hosting of decentralised applications (DApps). The EOS platform is ultimately designed to ensure quick deployment of DApps, to scale to millions of transactions per second, and to eliminate user fees. The company that created the EOS platform is led by Dan Larimer and Brendan Blumer, both are notable veterans in the crypto and tech world. EOS is consistently in the top 5 cryptocurrencies by market capitalisation.

To read more see here: https://eos.io

We will be releasing this with an introductory brokerage fee of 0.1% (for EOS only), this will last for two weeks so ensure you get your trades in early!

Timing:

We will be performing system maintenance and upgrades on Sunday 24th March at 2pm (AEDT). We expect this to last approximately 4 hours and during this time you will not be able to access your Independent Reserve account. Once this completes, deposits and withdrawals will be enabled for EOS. Trading will be enabled at approximately 11am on Tuesday 26th March.

Please be aware that there will likely be… click for more

Scheduled maintenance and EOS listing


Ethereum Constantinople/St. Petersburg Fork

26 Feb 2019 10:00
Nicholas Fletcher, Customer Experience Officer

Ethereum's Constantinople and St. Petersburg upgrade will be occurring in the next couple of days. At this stage it is slated to happen at about 6am on the 1st of March (Sydney time).

We will be disabling all Ethereum and ERC20 token (ETH, OMG, ZRX, and PLA) deposits and withdrawals at approximately 11pm on the night before (Feb 28th), and will be re-enabling them a few hours after the fork when it is safe to do so. We will be monitoring the situation closely and will update you with any changes to this plan. Trading will be active during this period.

This appears to be a non-contentious fork (which… click for more

Ethereum Constantinople/St. Petersburg Fork


Scheduled maintenance and PlayChip listing

25 Jan 2019 16:30
Nicholas Fletcher, Customer Experience Officer

We are pleased to announce PlayChip (PLA) as our first Australian ERC20 token listing on the exchange platform.

PlayChip is a gaming utility token launched by PlayUp and is based on the Ethereum ERC20 token standard. PlayChip tokens will be used to transact across gaming, sports betting, fantasy sports and eSports. PlayUp has established PlayChip Foundation to manage the systems hosting the coins. The ecosystem consists of eight partner platforms with about 1 million users across 70 countries. PlayChip are current sponsors of the South Sydney Rabbitohs and have cricket legend Brett Lee and MMA star Robert Whittaker as brand ambassadors. More info can be found on their homepage.

PlayChip's stated mission is to deliver the world's biggest incentivised, blockchain-enabled sports community and gaming ecosystem. "PlayChip is a rarity in the crypto world given the utility provided to it via its first partner platform, PlayUp," said Daniel Simic, PlayChip Foundation Board Member.

 

Timing:

We will be performing system maintenance and upgrades on the 28th… click for more

Scheduled maintenance and PlayChip listing


Independent Reserve sponsors Sydney Festival 2019

23 Jan 2019 09:42
Winston Su, Marketing Director

Independent Reserve is proud to be based in Sydney and recognises the city's deep passion for the arts and adventurous ideas. Its partnership with Sydney Festival reflects these values. Sydney Festival is a celebration of contemporary culture, art and performances which takes place in January each year.

This year, the festival pays tribute to the underappreciated heroes of space travel in the 50th anniversary of the moon landing. Sydney Festival has commissioned artworks around Barangaroo as part of the city-wide commemoration of Apollo 11, namely 11 larger than life astronauts scattered throughout Barangaroo.

 

Left to right: COO Lasanka Perera, CEO Adrian Przelozny and CTO Roman Stefanidi

 

Independent Reserve is a proud sponsor of three of these astronauts. The astronauts represent the individuals who contributed to space travel in meaningful ways yet, for one reason or another, are under-appreciated. Similar to our mission of creating a healthy space for cryptocurrency growth, the 'Apollo 11' astronauts were committed to the advancement of a new technological space.

Here are the 3 figures sponsored by Independent Reserve:

Michael Collins. The 1969 space mission caused Neil Armstrong and Buzz Aldrin to become household names, but often forgotten is the third man on the mission; Michael Collins. Michael… click for more

Independent Reserve sponsors Sydney Festival 2019

Industry News

Guide to SMSF investing into Cryptocurrency

6 Aug 2017 22:00
Adrian Przelozny, CEO

A great guide to investing superannuation funds into Cryptocurrency via Independent Reserve! click for more

Guide to SMSF investing into Cryptocurrency


BTC A$12.6k. The only way is up? Next highs being called

21 Jan 2020 15:00
Independent Reserve Trading Desk

Market Update 15th – 21st January 2020

In Markets

If the past three week's gains are anything to go by, 2020 will be a big year. Despite Sunday's sharp plunge, Bitcoin is already up more than 20% this year and at the time of writing had gained 4.96% on a week earlier to trade above $12,600. BTC is currently on the right trajectory for the May halving Stock to Flow model to play out. Everything else rose substantially: Ethereum is up 15%, Ripple is up 9.3%, Bitcoin Cash (26.7%) Litecoin (12.8%) and EOS (14.9%). Bitcoin SV (69.65%) has been on a rollercoaster ride, spiking on reports Aussie Craig Wright click for more

BTC A$12.6k. The only way is up? Next highs being called


BTC A$12.2k. BTC futures at a 7 month high

14 Jan 2020 15:00
Independent Reserve Trading Desk

Market Update 8th – 14th January 2020

In Markets

Despite the possibility of the US/Iran conflict receding, the Bitcoin price is looking healthy, up 6.5% on seven days ago to trade above $12,200 at the time of writing. Daily trading volumes have more than doubled in the past week. But Bitcoin's rise was easily beaten by Bitcoin SV, which is up a whopping 48.6% this week on wild speculation that Aussie Satoshi claimant Craig Wright might actually be able to access Satoshi's BTC billions. XRP was the only top 10 coin in the red, down 3.6%. Ethereum was up 0.9%, Bitcoin Cash (11.1%), Litecoin (9.6%) and EOS (10%). click for more

BTC A$12.2k. BTC futures at a 7 month high


Bitcoin A$11.2k, will the safe haven narrative continue?

7 Jan 2020 15:00
Independent Reserve Trading Desk

Market Update 1st – 7th January 2020

Welcome back to another Australian crypto market update.

In Markets

Bitcoin broke through the $11,000 mark earlier this morning to record the best price since late November. At the time of writing it was up 6.33% on a week ago and trading at $11,200. Everything else increased substantially including Ethereum (8.4%), Ripple/XRP (12.6%), Bitcoin Cash (16.5%), Litecoin (7.35%) and Stellar (7.4%). Bitcoin SV increased by 20.4%.

Source: Independent Reserve Bitcoin/AUD chart

In Headlines

Crypto looking positive heading in 2020

Coin Metrics' report on the state of crypto in 2019 found "very positive… click for more

Bitcoin A$11.2k, will the safe haven narrative continue?


BTC A$10.1k, billionaires back Bitcoin

17 Dec 2019 15:00
Independent Reserve Trading Desk

Market Update 12th – 17th November 2019

Welcome back to another Australian crypto market update.

In Markets

The Bitcoin price ground lower this week, from around $10,800 to $10,300, before it took the express elevator earlier this morning straight down to $10,000. At the time of writing Bitcoin had edged up slightly to $10,080 to be 6.6% down for the week. Everything else was down significantly: Ethereum (-10.2%), XRP (-8%), Bitcoin Cash (-6%), Litecoin (-7.9%), EOS (-11%) and Stellar (-9.6%). New top 10 entrant Tezos was the only top coin to gain ground, up 7.8%.

Source: Independent Reserve Bitcoin/AUD chart on Bloomberg

In Headlines

Bitcoin searches fall

click for more

BTC A$10.1k, billionaires back Bitcoin


BTC A$10.7k, Deutsche Bank predicts crypto to replace fiat

11 Dec 2019 15:00
Independent Reserve Trading Desk

Market Update 5th – 11th November 2019

Welcome back to another Australian crypto market update.

In Markets

Despite the recent downtrend, sentiment seems to be stablising, with the Crypto Fear and Greed Index hovering around 32, which is 'Fear' rather than 'Extreme Fear'. Coindesk reports the weekly chart has also just seen a bullish 'Golden Cross' of the 50 and 100 period moving averages for the first time in three years. At the time of writing Bitcoin was up 1.1% on seven days ago and trading around $10,700. Ethereum and EOS held steady, while XRP gained 2.1% and BCH was up 2.5%. Stellar lost 2.6%. Tezos looks as if it may soon join the top 10… click for more

BTC A$10.7k, Deutsche Bank predicts crypto to replace fiat


BTC A$10.8, Bitcoin XMAS rally coming? Lightning fades

4 Dec 2019 10:00
Independent Reserve Trading Desk

Market Update 27th November – 4th December 2019

Welcome back to another Australian crypto market update.

In Markets

There hasn't been a huge amount of movement with prices compared to this time a week ago, although Bitcoin is up 2% to trade around $10,800 at the time of writing. Bitcoin Cash (2.2%), EOS (4.7%) and Ether (1.4%) also made gains compared with seven days ago, while XRP (0.7%) and Litecoin (1%) held steady. Stellar lost 1.6%. Zooming out to the bigger picture, all of the top ten coins are down around 20% to 25% on a month ago.

Source: Independent Reserve Bitcoin/AUD chart on Bloomberg

In Headlines

Lightning Network down

Public… click for more

BTC A$10.8, Bitcoin XMAS rally coming? Lightning fades


Bitcoin A$10.7k, China causes early Black Friday sale?

26 Nov 2019 15:00
Independent Reserve Trading Desk

Market Update 20th – 26th November 2019

Welcome back to another Australian crypto market update.

In Markets

Bitcoin has entered one of its regular nerve-testing periods of volatility. After dipping below $9800 earlier today, it recovered to $10,700 at the time of writing. It's currently down 13.4 percent for the week and 22.1% for the month. While most of the top ten was in the green this morning, they're all down significantly for the week. Ethereum (-18%), EOS (-20.5%), XRP (-13.7%), Bitcoin Cash (-16.1%), Litecoin (-18.5%) and Stellar (-14.7%). The Fear and Greed index is at 17, or… click for more

Bitcoin A$10.7k, China causes early Black Friday sale?


BTC A$12.8k. 17% own crypto. 1 in 5 to buy in 6mth

19 Nov 2019 15:00
Independent Reserve Trading Desk

Market Update 13th – 19th November 2019

Welcome back to another Australian crypto market update.

In Markets

It wasn't the greatest week on crypto markets, with the leading cryptocurrency falling 5.33% to $12,090 at the time of writing. Let's call it 'consolidation'. The BTC price is reversing the gains from October's Chinese blockchain announcement and is pretty much back where it was in late November 2017. That was of course around the same time it went on the bull run that led to the All Time High so fingers crossed. The entire top ten was down this week. Ethereum (-3.4%), XRP (-6.9%), Bitcoin Cash (-7.9%), Litecoin (-8.8%), EOS (-7.3%), Stellar (-15%). … click for more

BTC A$12.8k. 17% own crypto. 1 in 5 to buy in 6mth


BTC A$12.8k. 17% own crypto. 1 in 5 to buy in 6mth

12 Nov 2019 15:00
Independent Reserve Trading Desk

Market Update 6th – 12th November 2019

Welcome back to another Australian crypto market update.

In Markets

The optimism was tempered a little this week, with Bitcoin trading below $13,000 for most of the past few days. The leading cryptocurrency finishes the week 5.7% down to just over $12,700 at the time of writing. It's up 4.9% on 30 days ago. Two other top ten coins were in the red this week: XRP, down 6.7% on a week ago and Bitcoin Cash, which was down 1.2%. Ether (0.8%), Litecoin (1.7%) and EOS (2.1%) were all in positive territory but Stellar Lumens led the pack with XLM maintaining last week's momentum to gain… click for more

BTC A$12.8k. 17% own crypto. 1 in 5 to buy in 6mth


Inaugural Independent Reserve Cryptocurrency Index (IRCI) 2019

12 Nov 2019 12:00
Independent Reserve

Australians are optimistic about the future of crypto. Index sits at 42.

What is the IRCI?

A first in Australia, the Independent Reserve Cryptocurrency Index (IRCI) 2019 is a research survey that examines Australia's awareness, adoption, trust and confidence in cryptocurrency.

With a score out of 100, the inaugural IRCI sits at a benchmark of 42.

What does 42 indicate?

It's not just the answer to the ultimate question of life, the universe and everything. In the context of cryptocurrency awareness, adoption and trust, it's a number that indicates optimism and a maturation of the crypto industry.

100 would be full awareness, optimism, trust and adoption. 0 would be a society living under a rock, disconnected from the internet.

Many none crypto-holding respondents indicated a strong likelihood for adoption over the next 6 months. At the current rate of adoption, we estimate more than 50% of Australians under 34 will own crypto in the next 5 years.

Insights from IRCI 2019

  • 17% of Australians own crypto
  • 1 in 5 Australians are likely to buy crypto in the next 6 months
  • Nearly half of crypto investors spend $100 or less per month
  • A… click for more

Inaugural Independent Reserve Cryptocurrency Index (IRCI) 2019


Bitcoin A$13,700, happy birthday Bitcoin whitepaper

5 Nov 2019 15:00
Independent Reserve Trading Desk

Market Update 30th October – 5th November 2019

Welcome back to another Australian crypto market update.

In Markets

Following last week's price spike, normal service has resumed with Bitcoin trading in the $13,000s this week. Currently trading at $13,650 at the time of writing, BTC is only a shade under where it was this time seven days ago. The fact there hasn’t been a major dump since could be taken as a bullish sign. The winner this week was Stellar, jumping by 20% in an hour after an announcement (more below). XLM is now up over 25% for the week. XRP was marginally down (-0.8%) but everything else improved: EOS and Litecoin both spiked in the past 24 hours to bring them up to 4.1% and 5.5% respectively for the week, while… click for more

Bitcoin A$13,700, happy birthday Bitcoin whitepaper


Bitcoin A$13,600 after 40% jump

29 Oct 2019 15:00
Independent Reserve Trading Desk

Market Update 23rd – 29th October 2019

Welcome back to another Australian crypto market update.

In markets

The markets finally flipped the switch back to excitement this week. Bitcoin fell to five month lows mid week following the frosty reception given to Mark Zuckerberg and Facebook’s Libra cryptocurrency by Congress. But then it took off like a rocket, gaining 42% in hours for the biggest one day gain since 2011, (back when Bitcoin changed hands for $10 a pop). Profit takers moved in, but the Bitcoin price is still up 13.7% on seven days ago - around AUD13,700 at the time of writing. BCH, increased 14.5%, XRP was up 1.6%, while Ethereum was up 4.2%, LTC (5.9%), click for more

Bitcoin A$13,600 after 40% jump


Bitcoin rebounds to A$12k, Only 15% of Bitcoins left to mine

22 Oct 2019 15:00
Independent Reserve Trading Desk

Market Update 16th – 22nd October 2019

Welcome back to another Australian crypto market update.

In Markets

Bitcoin headed south from a high around $12,400 early in the week to bottom out at $11,500 a few days ago. However a 4.4% recovery on Sunday put it back above $12,000. It's currently at $11,933 to end the week down 1.5%. Two of the top ten broke even by week's end: XRP (0.5%) and Stellar (0.2%). Bitcoin Cash increased 1.6%, but the rest fell: Ethereum (-6%), Litecoin (-4%) and EOS (-7.4%).

Source: Independent Reserve Bitcoin/AUD chart on Bloomberg

In Headlines

18 million Bitcoins

This week the 18 millionth Bitcoin was mined, which is… click for more

Bitcoin rebounds to A$12k, Only 15% of Bitcoins left to mine


Bitcoin steady, Libra not so much

16 Oct 2019 15:00
Independent Reserve Trading Desk

Market Update 10th – 16th October 2019

Welcome back to another Australian crypto market update.

In Markets

Bitcoin finished similar to last week's levels, trading at $12,175 at the time of writing. Ethereum gained 3.51% while XRP increased 5.78%. EOS and Litecoin both held steady across the week. Bitcoin Cash lost 2.5% and is down 26% for the month. Stellar increased 2.31% this week.

In Headlines

Coalition of the unwilling

Visa, Mastercard, Stripe and eBay have all followed PayPal's lead and pulled out of Facebook's Libra coalition. The only payment company left is Payu. US Senators Brian Schatz and Sherrod Brown haven't been helping matters by writing letters to Libra members warning them off the cryptocurrency: "Facebook has demonstrated… click for more

Bitcoin steady, Libra not so much