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.
'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.
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.
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.
Australian Treasury proposes new regulations for crypto exchanges. Bitcoin surges almost 5% on Monday as its dominance strengthens. Ethereum’s Layer 2 ‘Scroll’ marks milestone in scalability. Uniswap DAO grants US$46.2M to Uniswap Foundation. Crypto advocates tip Bitcoin to hit US$100,000 within five years.
Bitcoin’s dominance hits a 3-month high at 51%. Solana investment products see largest week of inflows since March 2022. ETH/BTC ratio drops to a 15-month low. Altcoins bear the brunt of de-risking sentiment. US PPI surprises to the upside amid geopolitical uncertainty.