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Weekly Crypto Wrap: 19th October 2023

Weekly Crypto Wrap: 19th October 2023

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.

Rachael Lucas
Rachael Lucas
Weekly Crypto Wrap: 12th October 2023

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.

Rachael Lucas
Rachael Lucas
Weekly Crypto Wrap: 5th October 2023

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.

Rachael Lucas
Rachael Lucas
Weekly Crypto Wrap: 16th March 2023

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
BTC Markets
Weekly Crypto Wrap: 9th March 2023

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.'

BTC Markets
BTC Markets
Weekly Crypto Wrap: 2nd March 2023

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.

BTC Markets
BTC Markets
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