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Weekly Crypto Wrap: 16th November 2023

Weekly Crypto Wrap: 16th November 2023

Crypto rally continues as year-to-date crypto inflows pass US$1.1bn. Bitcoin blasts beyond US$37k as ETH holds steady around US$2,000. Fake BlackRock filing triggers XRP price action. Australia unveils capital gains tax on wrapped crypto.

Rachael Lucas
Rachael Lucas
OTC Desk trading update

Last week, we saw continued signs of strength across the crypto market with BTC closing the week another 8.6% against AUD, 5.8% on the USD. ETH boasting an impressive 10.8% against AUD, 8% on USD.

BTC Markets
BTC Markets
Weekly Crypto Wrap: 9th November 2023

'Mini altcoin season' lifts crypto market cap to US$1.3 trillion. XRP soars 12% overnight. United States’ SEC faces hiring difficulties due to own policies against crypto. LINK reaches new all-time high amid CCIP adoption. Ethereum’s surge in network activity turns ETH deflationary.

Rachael Lucas
Rachael Lucas
Weekly Crypto Wrap: 2nd November 2023

Bitcoin dominance hits 54%. SOL up 317% YTD. Standard Chartered custodian, Zodia launches in HK. BlackRock's BTC ETF draws market-maker interest. AU core inflation rises as IMF suggests RBA raise rates. US economy shows robust growth. FOMC hints at future rate hikes.

Rachael Lucas
Rachael Lucas
What is an Exchange-traded-fund (ETF)?

With all the buzz around the pending approval of a Bitcoin Exchange-Traded Fund (ETF) in the US, many people are wondering what are they and how does it impact the price of Bitcoin? Let's find out.

BTC Markets
BTC Markets
Weekly Crypto Wrap: 26th October 2023

Bitcoin rockets 18% in 2 days reaching a high of US$35,280. XRP price jumps after SEC drops charges against Ripple executives. Solana rallies 26% in a week despite FTX sale fears. Vitalik Buterin says he hasn't "sold" ETH for personal gain since 2018.

Rachael Lucas
Rachael Lucas
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