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.
The Sandbox experienced a surge in price due to the growing popularity of its AI narrative. Meanwhile, BTC tested a key tech level, while the upcoming Shanghai upgrade of ETH has many investors excited. Overall, the question remains: will digital assets experience a soft landing or a hard bounce soon?
Digital asset majors stall higher before pressing to new highs for 2023. BTC Markets unveils the latest mobile app release: Portfolio enhancements, including tracking your portfolio over time! Correlation between Fed policy and financial markets reminds markets, “don't fight the Fed."
We've enhanced the portfolio feature in our mobile app. Download the latest version on iOS and Android to view your total and asset specific equity over time.
Markets take pause to digest latest data from global central banks. Australian Treasury releases Token Mapping Consultation paper. Digital asset majors stall higher but continue to consolidate above local support.
Markets attempt to stay one step ahead of the curve of Feb FOMC press conference. Nasdaq prints its strongest January in over two decades. Bitcoin lifts 39.95% in January, Ethereum adds 32.73%, and total crypto market cap closes above US$1.01 trillion.