US inflation meets expectations boosting crypto markets with US$163 billion daily surge. Bitcoin ETF shatters records. MicroStrategy's likely addition to Nasdaq 100. ETH ETFs see US$1.3 billion inflows as ETH hits US$4k. The RBA holds rates steady.
The crypto market has recorded its fifth consecutive week of growth, as the total market capitalisation climbed by 6.76% to reach US$3.62 trillion. Bitcoin spearheaded this surge, breaking past the significant US$100,000 mark for the first time.
This report represents the culmination of ideas shared during various presentations in November with industry leaders. It encapsulates a thesis developed over the past year, now crystallised with mounting real-world evidence.
XRP surges with whale activity, driving price and market cap. The crypto market grows by 3.46% to US$3.39 trillion. Chainlink rises 29%, and HBAR sees a 700% rally. ASIC proposes expanded crypto regulations.
The crypto market logged its fourth week of growth, with the total crypto market cap up 3.46% to US$3.39 trillion, driven by investor confidence, liquidity, and capital inflows.
This week, Dr Andrew Charlton, Member of Parliament for Parramatta and Special Envoy for Cyber Security and Digital Resilience, reinforced the vital role that digital assets, blockchain, and cryptocurrency will play in shaping Australia’s economic future.
