Bitcoin starts October with a 3.82% gain, climbing to US$28K. SEC’s motion to appeal loss in Ripple case is denied. September curse ends as Bitcoin closes in the green. IMF calls for greater crypto oversight. Uniswap Foundation targets US$62M in additional funding.
BTC surges amid banking fears, USDC temporarily loses its peg, US inflation at 6%, Ethereum's 1-year gain at 42.37%, Australian bank launches stablecoin, Ripples modernisation of cross border payments using XRP, and major banks still supporting crypto firms.
BTC Markets’ mobile app now has dark mode, and the RBA announces more rate increases. The US Fed warns of aggressive rate raises, and digital assets closed the week down. Uniswap is working on a mobile wallet app. Ripple is ahead in the SEC battle, and BTC Markets submitted to 'Treasury's Token Mapping Consultation Paper.'
Bitcoin ordinals break into the mainstream. Ethereum gas fees on the rise as the NFT market rebounds. XRP proposes a cross-chain bridge, and asset tokenisation trending with funding rounds led by PayPal, Morgan Creek, and a16z. Major macroeconomic reports due next week, including the RBA's interest rate decision. Australia's economic growth slowed in the final quarter of 2022.
This week in crypto includes the Ethereum ecosystem, Avalanche on the cloud, Ripple crypto trends, and Digital Assets in Australia report.
This week in crypto includes an update on our audit, regulation and market updates, JP Morgans crypto wallet, Banco Itau offers crypto custody and our Trust Pilot partnership.
