Senate committee opposing crypto bill poses legislative roadblock in Australia. US SEC delays decision on Invesco, WisdomTree, and Valkyrie Bitcoin ETFs. Ether nears ‘death cross,’ while investors await US jobs report for August. Visa to send stablecoin USDC over Solana to help pay merchants in crypto.
Crypto skyrockets post-court ruling on Bitcoin ETF whilst Elon Musk’s X platform inches closer to crypto payments. BTC Markets features in Forbes, Yahoo Finance, & Forkast. Australia's lower-than-expected inflation supports a policy pause. U.S. job openings hit a two-year low, Fed suggests more rate rises due to high inflation.
AU digital dollar could save AU$3b annually. Ripple unveils eight countries using XRP Ledger for CBDCs. Solana overtakes Polygon, becoming 2nd-largest NFT network. Friday's 'flash crash' causes over US$1 billion in liquidations, while Australian unemployment rises unexpectedly.
BTC Markets CEO: ‘UK’s crypto regulations will inspire Australia’. Europe's first spot Bitcoin ETF launches. Visa tests way to make paying Ethereum gas fees easier. Singapore urges stablecoin issuers to prepare for 2024 regulation. Bitcoin continues trading with historically low volatility.
PayPal pushes deeper into crypto with stablecoin launch. China sprints ahead in race to digitise global money flows. Institutional investors have stopped betting against Bitcoin says new report. Chainlink emerges as 5th most developed crypto protocol.
RBA keeps interest rate at 4.10%. Litecoin's halving event commences. Ethereum upgrade may enable fee revenue sharing. Ripple to release 1 billion XRP in September. Asset manager foresees crypto boom.