{"headers":{"Content-Type":"application\/x-www-form-urlencoded"},"body":"source_lang=&target_lang=PT-PT&tag_handling=xml&split_sentences=1&preserve_formatting=1&text=Bitcoin+in+Australia%3A+Nearly+260%25+adoption+gain+over+fiscal+year&text=Buying+Bitcoin+in+Australia+has+become+more+and+more+popular+as+investors+look+to+cryptocurrency+assets+as+an+investment+option.&text=Australia+might+not+be+the+first+country+that+comes+to+find+when+one+thinks+of+cryptocurrency+holding+and+Bitcoin+adoption%2C+but+investors+on+the+Oceanic+island+have+been+increasing+Bitcoin+holdings+considerably+over+the+past+year.+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%0AAccording+to+%3Ca+href%3D%22https%3A%2F%2Fwww.statista.com%2Fstatistics%2F1264941%2Faustralia-average-btc-markets-crypto-portfolio-size-by-gender%2F%22%3Edata+from+Statistica%3C%2Fa%3E%2C+the+average+portfolio+size+on+cryptocurrency+exchange+markets+for+Bitcoin+in+Australia+has+increased+by+over+double+from+2020+to+2021%27s+financial+year.+According+to+the+data%2C+the+Bitcoin+market+has+risen+from+approximately+%24560+USD+%28or+%24795+AUD%29+to+around+%242%2C070+USD+%28%242849+AUD%29.+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%0AThe+data+is+compiled+from+a+survey+taken+from+Statistica%2C+reviewing+cryptocurrency+activity+in+Australia.+According+to+the+results%2C+males+in+the+country+make+up+more+of+the+investment%2C+with+an+average+of+around+%242%2C215+USD+%28%243%2C050+AUD%29+in+their+holdings.+However%2C+the+average+increase+in+female+Australian+investors+is+slightly+more%2C+with+average+female+investors+looking+at+just+below+%242%2C000+USD+with+approximately+%241%2C924+USD+%28%242%2C650+AUD%29+in+holdings.%0A%3Ch2%3EWho+is+investing+in+Bitcoin+and+crypto+in+Australia%3F%3C%2Fh2%3E%0AAccording+to+the+research%2C+the+age+group+leading+cryptocurrency+adoption+is+those+between+25+and+44+years%2C+with+the+age+group+making+up+69%25+of+Bitcoin+investment.+Younger+and+slightly+older+investors+sit+tied+in+second+place+with+18+to+24-year-olds+and+45+to+59-year-olds+making+up+18%25+each.+60+to+65+year-olds+hold+approximately+3%25+in+the+region%2C+with+those+older+only+making+up+2%25.+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%0AHowever%2C+the+investment+profile+and+behaviour+change+considerably+with+age.+Those+over+65+tend+to+invest+much+more+%28on+average+%245084+per+investor%29+into+Bitcoin+compared+to+younger+investors+and+they+trade+frequently.+Those+between+25+and+44+years+tend+to+hold+less+on+average+%28around+%241871%29+but+trade+the+most+frequently%2C+with+average+trades+happening+around+6+times+a+day.+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%0AAs+per+the+report%2C+individual+investors+and+sole+traders+have+grown+the+most%2C+while+institutional+is+the+slowest+to+gain.+Despite+this%2C+company+investment+is+still+looking+at+an+impressive+136%25+increase+in+Bitcoin+and+cryptocurrency+holdings+in+the+past+fiscal+year+and+self-managed+super+funds+are+sitting+at+a+155%25+gain.%0A%0A%3Cimg+class%3D%22aligncenter+size-full+wp-image-1782%22+src%3D%22https%3A%2F%2Fwww.icodata.io%2Fwp-content%2Fuploads%2FScreenshot-2021-09-28-at-10.35.59.png%22+alt%3D%22%22+width%3D%22592%22+height%3D%22368%22+%2F%3E%0A%0A%3Cem%3ESource%3A+BTC+Markets%3C%2Fem%3E%0A%0AThe+report+from+BTC+Markets+commented+that+the+%22average%22+cryptocurrency+investor+might+be+surprising+and+that+this+report+breaks+the+connotation+of+what+the+profile+of+a+Bitcoin+trader+might+look+like.+The+report+also+noted+that+with+sustainable+growth+and+significant+increases+as+investors+step+into+the+cryptocurrency+market%2C+it+is+now+up+to+the+regulators+to+implement+strategies+to+include+Bitcoin+and+other+cryptocurrencies+in+financial+systems%3A%0A%0A%3Cem%3E%22The+onus+is+now+on+the+Australian+regulators+to+catch+up+with+this+rapidly+maturing+market.+In+addition+to+all+the+stereotypes+we+have+broken+with+our+report+about+what+the+average+crypto+investor+looks+like%2C+it+is+worth+noting+that+crypto+is+the+only+industry+calling+for+more+regulatory+oversight.%22%3C%2Fem%3E%0A%3Ch2%3EWhich+cryptocurrencies+are+most+popular+in+Australia%3F%3C%2Fh2%3E%0AAccording+to+the+research%2C+the+leading+five+cryptocurrencies+traded+on+Australian+exchanges+are+Bitcoin+%28BTC%29%2C+Ripple+%28XRP%29%2C+Ethereum+%28ETH%29%2C+Litecoin+%28LTC%29%2C+and+Stellar+%28XLM%29.%0A%0A%3Cimg+class%3D%22aligncenter+size-full+wp-image-1786%22+src%3D%22https%3A%2F%2Fwww.icodata.io%2Fwp-content%2Fuploads%2FScreenshot-2021-09-28-at-10.35.43.png%22+alt%3D%22%22+width%3D%22626%22+height%3D%22354%22+%2F%3E%0A%0A%3Cem%3ESource%3A+BTC+Markets%3C%2Fem%3E%0A%0AThe+rise+of+cryptocurrency+in+Australia+is+%3Ca+href%3D%22https%3A%2F%2Fdvh1deh6tagwk.cloudfront.net%2Ffinder-au%2Fwp-uploads%2F2021%2F08%2FFinders-Cryptocurrency-Report-2.pdf%22%3Eechoed+by+research+from+financial+comparison+firm+Finder%3C%2Fa%3E.+In+a+report+released+in+August+2021%2C+Finder%27s+research+found+that+nearly+17%25+of+Australians+own+cryptocurrency+-+making+up+a+whopping+%248+billion+in+total+investment+in+the+country.+Finder%27s+data+also+emphasises+that+male+investors+are+more+likely+to+buy+and+hold+Bitcoin+compared+to+female+investors.%0A%0A%3Cimg+class%3D%22aligncenter+size-full+wp-image-1790%22+src%3D%22https%3A%2F%2Fwww.icodata.io%2Fwp-content%2Fuploads%2Fbitcoin-australia.png%22+alt%3D%22%22+width%3D%22715%22+height%3D%22232%22+%2F%3E%0A%0A%3Cem%3ESource%3A+Finder%3C%2Fem%3E%0A%0AResonating+the+findings+above%2C+a+September+report+from+financial+comparison+website+Finder%C2%A0%3Ca+href%3D%22https%3A%2F%2Fdvh1deh6tagwk.cloudfront.net%2Ffinder-au%2Fwp-uploads%2F2021%2F08%2FFinders-Cryptocurrency-Report-2.pdf%22+target%3D%22_blank%22+rel%3D%22noopener+nofollow+noreferrer%22%3Eshows%3C%2Fa%3E+that+one+in+six+Australians+own+cryptocurrencies%2C+amounting+to+%248+billion+in+total+investment.+The+report+suggests+that%2C+like+many+other+users+in+advanced+industrialized+countries%2C+Australians+are+increasingly+viewing+cryptocurrencies+as+a+new+asset+class.+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%0AAccording+to+both+Finder+and+BTC+Market+research+reports%2C+the+main+challenge+in+cryptocurrency+adoption+and+hesitancy+against+buying+Bitcoin+is+market+volatility.+Uncertainty+about+the+industry+and+a+lack+of+understanding+of+how+and+where+to+buy+is+also+a+factor+holding+Australian+investors+back+from+buying+Bitcoin.","timeout":15}