
Australia’s Fintech Faces 7% Decline as Crypto Firms Bear 14% Impact
The blockchain and cryptocurrencies space was the hardest hit in the Australian fintech landscape, decreasing by 14% YoY with 74 active firms as of 2024.
The blockchain and cryptocurrencies space was the hardest hit in the Australian fintech landscape, decreasing by 14% YoY with 74 active firms as of 2024.
A wave of token unlocks, valued over $730 million, is set to impact the market this week, with Cheelee leading cliff-based unlocks and Worldcoin dominating the linear release schedule.
The creators of the Milady NFT project launched the highly anticipated Cult meme coin with its fully diluted valuation (FDV) surging to $845 million at launch.
Whale activity usually signals upcoming developments.
Coinbase addresses user concerns over account restrictions, attributing them to a rise in fraud attempts alongside growing user activity.
Bitcoin’s slip below $100,000 triggered a wave of panic, leading to $412 million in liquidations on Sunday, December 8.
The National Center for Public Policy Research (NCPPR) has urged Amazon to allocate 5% of its $48 billion cash reserves to Bitcoin, positioning it as a hedge against inflation.
The demand for Ethereum has registered a sharp uptick in the past few weeks as Bitcoin price experiences diminishing returns after hitting $100K.
Pudgy Penguins has overtaken BAYC to become the second-largest NFT collection, driven by excitement over its upcoming token launch.
Ripple’s CEO criticized 60 Minutes for omitting Ripple’s legal victory and advocating clearer regulations.
A new crypto scam format now involves a fake NFT minting website website as shut down by the Brooklyn DA.
Chainlink’s price surge coincides with a 177% rise in trading volume and a boom in whale holdings. The technical analysis targets $32, but the rising adoption and Chainlink’s role in Brazil’s CBDC project hint at an extended rally.
Babylon will facilitate Bitcoin staking for users on the Bitrue platform.
Despite the turmoil surrounding the JUSTICE (Justice for Pnut and Fred) token, the broader meme coin market continues to grow.
Binance is relaunching its Web3 Binance Wallet with a focus on accessibility, offering a streamlined and user-friendly interface.