This marks the second “Big 4” bank in Australia to launch an Australian-dollar pegged stablecoin in a bid to boost the digital economy.
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This marks the second “Big 4” bank in Australia to launch an Australian-dollar pegged stablecoin in a bid to boost the digital economy.
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Jonathon Miller, managing director of cryptocurrency exchange Kraken in Australia says despite NFT volumes plunging, the company remains “bullish on the NFT space.”
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The crypto contagion only hurt entities that poorly managed their treasuries, but didn’t affect the underlying blockchain technology, he said.
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Kraken Australia’s Managing Director is concerned that a proposed new licensing regime for crypto exchanges could collapse the vibrancy of the industry down under.
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“We always see corrections when we get to all-time highs. I think it’s a natural part of the cycle,” said Kraken Australia CEO Jonathan Miller.
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At press time, the father of cryptocurrency is back up in the $6,400 range after falling to just over $6,300 during our previous price coverage. As mentioned before, the currency has seemingly found a comfortable spot between $6,300 and $6,500 and hasn’t moved from here for several weeks minus a few small jumps and falls […]
The post Bitcoin Price Watch: Currency Slightly Up, but Is Interest Subsiding? appeared first on NullTX.
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