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.
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.
BTC Markets has added additional recurring transactions for Litecoin (LTC), Chainlink (LINK), and Algorand (ALGO).