Australian fintech landscape shrinks, blockchain, crypto takes 14% hit
Australian fintech firms declined by 7% in 2024, with blockchain taking the hardest hit as KPMG cites shifting trends and regulations.
Australian fintech firms declined by 7% in 2024, with blockchain taking the hardest hit as KPMG cites shifting trends and regulations.
“It’s a game of musical chairs: enjoy the ride,” says a crypto trader, pointing to the large amount of Bitcoin being sold off by long-term holders.
The large and “consistent” Ether ETF flows, along with the “structural changes” on Ether’s price chart, are signaling to traders that its price is going “much higher.”
The crypto market is in a bull cycle, but with every cycle comes inevitable phases of consolidation and correction. As a result, some cryptocurrencies, such as Stellar (XLM) and Chainlink (LINK), are experiencing a pullback […]
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